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US Chips Production Fast-Tracked with New Law

In a decisive step for American technological competitiveness, President Joe Biden has signed a law exempting certain U.S. chipmaking facilities from federal environmental reviews.

semiconductor
Asktraders News Team
Citi Elevates Southwest Airlines (LUV) Price Target, Prefers Rivals

Southwest Airlines stock (NYSE: LUV) has been given a boost after receiving a price target revision by Citi analyst Stephen Trent, raising the benchmark to $31.50 from the former $28.25.

Southwest Airlines
Asktraders News Team
Joby Aviation Stock (JOBY) Soars on Capital Infusion, Analysts Views Mixed

Joby Aviation, a pioneer in the air mobility sector, saw its stock price (NYSE: JOBY) rise an impressive 27.92% to $6.14, reflecting a bullish response from markets to new financial developments. Such was the rise of JOBY's s

Joby Aviation
Asktraders News Team
Nvidia’s Blackwell Sales Get Vote Of Confidence From JP Morgan

As the pre-market session progresses, shares of Nvidia Corporation (NASDAQ: NVDA) are trading with a bullish sentiment, evidenced by a 0.85% increase in stock price

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Alibaba Stock Buyback Gathers Pace, $22BN Still On Deck

Alibaba stock (NYSE:BABA) has been on a rally, with gains of 54.16% on a YTD being driven in part by an acceleration that has gripped Chinese stocks since the news of stimulus incoming from the world's second largest economy.

Alibaba
Asktraders News Team
Super Micro’s Stock Price (NASDAQ: SMCI) Eyes Post-Split Recovery

Super Micro Computer Inc. (NASDAQ: SMCI), a global leader in high-performance, high-efficiency server technology and innovation, recently underwent a significant change in its stock structure. The company announced a 10-for-1

super micro computer
Asktraders News Team
M&T Bank Receives Outperform Rating From Evercore ISI

In a notable shift in investment outlook, Evercore ISI has upgraded M&T Bank's (NYSE: MTB) status from In Line to Outperform, setting a new price target of $210. This reflects a positive adjustment in the bank's projected

M&T Bank Front
Asktraders News Team
Stifel Raises Parker-Hannifin (PH) Price Target to $691

In a recent note, Stifel has upgraded its price target for Parker-Hannifin stock (NYSE: PH) from $633 to $691, while maintaining a 'Buy' rating on the company's shares. This update reflects S

Asktraders News Team
Citi Analysts Revises Apple iPhone Sales Forecasts

In a recent financial assessment, Citi analyst Atif Malik has amended the firm’s previous estimates for Apple's (NASDAQ:AAPL) iPhone sales. The updated forecast now anticipates a reduction in the sales numbers for the iPhone

Asktraders News Team
ServiceNow (NYSE:NOW) Price Target Upgraded, But Firm Remains Bearish

In a recent assessment by Guggenheim, the financial firm revised its price target on ServiceNow (NYSE: NOW) from $640 to $716. With the current price action on the stock taking place around $867, this upgraded price target re

Service Now Logo
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Nike’s Earnings Come In Short, Guidance Withdrawn

Nike’s quarterly earnings failed to set markets alight, as revenue took a hit, dropping to $11.59 billion—a drop that was even steeper than the 10% decline analysts had been bracing for, with the consensus of $11.65 billion h

NKE
Asktraders News Team
US Markets Drop On Big News Day – Dock Strike Weighs on Trade

The US stock market ended Tuesday on a bearish note as major indexes including the Dow Jones, S&P 500, and Nasdaq plummeted as various news stories made their mark on sentiment. Tensions raised significantly in the Middle

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Asktraders News Team
Nio and Monolith Join Forces for AI-Powered EV Battery Testing

Nio (NYSE: NIO), a promising player in the electric vehicle (EV) arena, is undertaking a sig

Nio Aktie News und Prognose
Asktraders News Team
WeightWatchers Announces CEO Departure – WW Stock Rally’s

In a significant executive shakeup, WeightWatchers (WW International) has declared that its CEO, Sima Sistani, has abruptly departed from her role at the company. This unexpected shift comes as the corporation grapples with a

Asktraders News Team
BofA Adjusts Stock Price Target for PepsiCo (PEP)

BofA Securities, in a recent analysis, has updated its position on PepsiCo (NASDAQ: PEP), a leading global food and beverage company. The financial institution has lowered PepsiCo's price target from $190.00 to $185.00, yet r

Asktraders News Team
NIO Secures $1.9 Billion Boost As Stock Continues To Climb

Shares of Hong Kong and NYSE listed electric vehicle manufacturer NIO (NYSE: NIO) witnessed an impressive rally after its China-based unit received a significant capital infusion

Handel mit der Nio Aktie
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Tesla Aiming For Sustainable Surge

Tesla Inc. (NASDAQ: TSLA), a leader in automotive and clean energy, has not only cemented its commitment to sustainability but als

Tesla Shop Front Cars
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Apple Held Neutral At UBS

Apple Inc (NASDAQ: AAPL) the leading technology giant known for its innovation in consumer electronics, faces a new review by financial analy

does apple pay dividends 2023
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Arbor Realty Stock (ABR) Gains Analyst Support With Price Target Increase

JMP Securities has updated its price target for Arbor Realty Trust's stock (NYSE: ABR), boosting it to $16.50 from $16, while maintaining an Outperform rating. This adjustment follows a thorough analysis of the company's seco

Asktraders News Team
Palantir’s Price Target Raised to $45 With Analysts Split

Palantir Technologies' stock (NYSE: PLTR) has been a notable runner over the past month, gaining 20% and continuing the rally which has

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Alphabet’s Target Price Elevates Amid AI and Cloud Strength

In a recent financial assessment, Tigress Financial has revised its price target for Alphabet Inc. (NASDAQ:GOOGL) upwards from $2

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Accenture (NYSE:ACN) Gains Analyst Approval As Outlook & Buyback Raised

Accenture (NYSE: ACN) has received a bullish upgrade from Stifel, with the stock price target being hiked from $340 to $375. This adjustment coincides with Accenture's announcement of Q4 results, which were broadly in line wi

Asktraders News Team
Intel’s Bounce Off Lows Continues As Firm Closes On $8.5B Deal with U.S. Government

Intel Corporation's stock (NASDAQ:INTC) has rallied 19% over the past month of trading, firmly regaining ground from 52 week lows. Now it seems the firm which has lost 50% of it's value in 2024 is on the brink of finalizing a

Intel
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