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Street calls of the week: Micron downgrade, upgrade for Kroger

Investing.com -- Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week.InvestingPro subscribers always get first dibs on market-moving rating changes.Ollies Bargain O

Investing.com

Jun 23, 2024

5 big analyst AI moves: Palantir downgraded, Micron PT hiked ahead of earnings

Investing.com -- Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week.InvestingPro subscribers always get first dibs on market-moving AI analyst comments. Upgra

Investing.com

Jun 23, 2024

NVIDIA lost the crown to Microsoft and Apple: Has the euphoria ended?

Investing.com - NVIDIA Corporation (NASDAQ:NVDA) on Tuesday became the most valuable company in the world in stock market terms, reaching a market capitalization of $3.33 trillion. However, it did not

Investing.com

Jun 21, 2024

Zealand Pharma soars after positive trial results from weight loss drug

Investing.com - Shares in Danish biotech Zealand Pharma (NASDAQ:ZEAL) soared Friday after the announcement of positive results from an early-stage study of its weight loss drug candidate.At 10:00 ET (

Investing.com

Jun 21, 2024

Britvic rejects Carlsberg's takeover offer; shares surge

Investing.com - Britvic (LON:BVIC) announced Friday that it has rejected a takeover proposal by Danish brewer Carlsberg (CSE:CARLb), which the U.K. soft drinks company said undervalued the company

Investing.com

Jun 21, 2024

August 8 robotaxi day 'a key historical moment for the Tesla story'

Wedbush analysts believe the upcoming "Tesla (NASDAQ:TSLA) AI Day" on August 8th will be a pivotal moment for the company, potentially propelling its stock towards a $1 trillion market cap. The firm m

Investing.com

Jun 21, 2024

Nvidia, Microsoft or Apple: Here's which stock analysts are betting on

Investing.com – The battle between Apple (NASDAQ:AAPL) and Microsoft (NASDAQ:MSFT) for the title of the world's highest market capitalization has been ongoing since early January, when the iPhon

Investing.com

Jun 21, 2024

CarMax, Gilead and Sarepta rise premarket; Nvidia falls

Investing.com -- U.S. stock futures edged lower Friday, ending a winning week on a negative note ahead of the release of key economic activity data.Here are some of the biggest premarket U.S. stock mo

Investing.com

Jun 21, 2024

Wells Fargo tells its clients to reduce exposure to 'overvalued' tech stocks

Wells Fargo (NYSE:WFC) believes investors should reduce their exposure to “overvalued” technology stocks.The investment bank points to the narrow breadth of the current market rally, driven largely

Investing.com

Jun 21, 2024

Barclays remains cautious on Tesla stock. Here's why

Barclays (LON:BARC) has issued a cautious outlook on Tesla (NASDAQ:TSLA), maintaining an Equal-Weight rating and a price target of $180 on the stock in a note Friday.The key reasons for this stance

Investing.com

Jun 21, 2024

UBS answers 3 key investors questions for the second half of 2024

UBS analysts have provided insights into the key questions investors face in the second half of 2024 and into 2025. The S&P 500 has rallied 15% year-to-date, driven by optimism around artificial intel

Investing.com

Jun 21, 2024

Berenberg issues a technical sell signal for Nasdaq 100 amid overbought conditions

Berenberg analysts issued a sell signal for the tech-heavy Nasdaq 100, noting that the 14-day relative strength index (RSI) for the index has breached 80 for the fourth time in five years, reaching it

Investing.com

Jun 21, 2024

Prominent fund manager cuts his Nvidia stake

Seasoned tech investor Paul Wick of Seligman Investments has been reducing his holdings in Nvidia Corp . (NASDAQ:NVDA) recently, voicing doubts about the company’s future earnings growth, Bloomberg

Investing.com

Jun 21, 2024

FTSE 100 down; U.K. shares mixed at market open

Investing.com - U.K. equities started mixed on Friday, with falls in Industrial Transportation, Chemicals, Life Insurance sectors and rises in Gas Water & Multiutilities, Automobiles & Parts a

Investing.com

Jun 21, 2024

Sarepta Therapeutics surges 36% after-hours following expanded FDA approval

Investing.com - Sarepta Therapeutics (NASDAQ:SRPT), a pioneer in precision genetic medicine for rare diseases, surged in Thursday's after-hours deals after receiving extended approval from the US

Investing.com

Jun 20, 2024

Boeing nearing deal with Spirit AeroSystems after prolonged negotiations

Investing.com - Boeing (NYSE:BA) is reportedly close to finalizing an agreement to repurchase Spirit AeroSystems, its former subsidiary.The deal comes after Spirit AeroSystems made significant strides

Investing.com

Jun 20, 2024

Mizuho: Apple-Affirm partnership could boost gross merchandise volume by 35%

Investing.com - Mizuho, a global financial services firm, released a promising analysis of the recent collaboration between Affirm Holdings (NASDAQ:AFRM), Inc. and Apple (NASDAQ:AAPL) Pay on Thurs

Investing.com

Jun 20, 2024

Morgan Stanley adjusts its US Model portfolio

Investing.com - In a strategy update released on Thursday, Morgan Stanley (NYSE:MS) made significant alterations to its US Model Portfolio.The changes include adding Cummins Inc (NYSE:CMI) due t

Investing.com

Jun 20, 2024

Citi flags risk of near-term correction in Japanese equities

Invesitng.com - Analysts from Citi on Wednesday flagged the risk of an imminent correction in Japanese equities, observing that Japan's equity market has been fluctuating since mid-March, with its per

Investing.com

Jun 20, 2024

Boyd Gaming eyes $9 Billion acquisition of Penn Entertainment

Investing.com - Boyd Gaming (NYSE:BYD), a renowned casino operator in the US, has expressed interest in acquiring its counterpart, Penn Entertainment.The acquisition, valued at over $9 billion, includ

Investing.com

Jun 20, 2024

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