The bank upgraded the stock to buy from hold.
Wednesday’s big stock stories: What’s likely to move the market in the next trading session
The major averages snapped a three-day run of losses on Tuesday, with the S&P 500 up 0.9% as chip stocks rallied. The Dow gained nearly 400 points.
Time for a crypto comeback? Traders bet that this stock will lead the way
Crypto bulls have been waiting for a rebound, and traders think this stock could lead the way.
Tesla shares poised for biggest earnings move in a year
Shares of Elon Musk’s electric vehicle company are expected to see a sharp swing after Tesla rolls out its quarterly report.
Ready for takeoff: This stock’s next growth runway is securing identity in an AI age
A resilient airport franchise has become a customer acquisition engine powering this stock’s broader identity platform and giving it a competitive advantage.
Want to diversify away from AI? Goldman says look at these stocks
Goldman Sachs says these stocks are worth a look for investors searching for opportunities outside the artificial intelligence plays.
Ralph Lauren has momentum on its side heading into earnings, Raymond James says
The investment firm upgraded the apparel maker to outperform from market perform.
Bets against SpaceX grow to 32% of float as Elon Musk warns short sellers won’t survive
About 206 million SpaceX shares are now sold short, representing roughly 32% of the company’s publicly tradable float, according to S3.
How to use options to play ‘a sizable reversion move’ in Micron over the next few days
The memory chip maker rocketed nearly 70% in five weeks, peaking above $1,250 in late June, only to surrender 35% of that value in the 22 days since.
Salesforce’s AI pivot hasn’t gained enough traction to save its stock price, Morgan Stanley says
Salesforce has embraced AI to remain competitive, but its push into the technology hasn’t yet proven its ability to drive value, per Morgan Stanley.