Tag: Stock markets
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SK Hynix U.S. shares will double in the next 12 months, Cantor Fitzgerald says
While Cantor is the most bullish on SK Hynix stock, it’s not alone in its zeal.
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Apple shares downgraded due to memory chip inflation
Phillip Capital downgraded the iPhone manufacturer, saying the sharp rise in memory prices will undercut that momentum.
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Wall Street’s confidence in Walmart leaves little room for upside, Oppenheimer says
Oppenheimer downgraded Walmart and removed its price target, saying it will be hard to meet Wall Street’s near-term profit estimates.
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The stock market did something nearly unprecedented in July. That makes UBS bullish
The S&P 500’s July performance looks far more impressive when accounting for the dismal performance in momentum stocks.
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Polymarket in talks for fundraising round at more than $20 billion valuation
The reports come after the company told CNBC in June that its annualized revenue was well above $1 billion.
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Jeff Bezos just filed to sell $4 billion in Amazon. The shares are falling
The filing came after Amazon climbed to an all-time high on Monday, extending gains sparked by last week’s quarterly results.
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Kalshi strikes partnership with compliance tech firm to help companies police insider trading
The company will announce a partnership with Comply, a compliance technology company, on Tuesday, Kalshi told CNBC.
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JPMorgan becomes bearish on Nike due to its long turnaround plan
The bank downgraded its rating on Nike to underweight from neutral, on worries that its “Win Now” plan will weigh on financials for the next few years.
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Stocks making the biggest moves premarket: McDonald’s, Caterpillar, Palantir, Merck & more
These are the stocks posting the largest moves in early trading.
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Palantir earns an upgrade after its big second quarter, as analysts get bullish on its AI business
Analysts on Wall Street reaped praise on the AI software company’s results, which were reported after the bell on Monday.
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