Phillip Capital downgraded the iPhone manufacturer, saying the sharp rise in memory prices will undercut that momentum.
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.
AMD earnings are a key test for chips and momentum stocks. Here’s what the options market is saying
As AMD prepares to report earnings Tuesday after the bell, market participants face a divergence between positive earnings results and negative price action.
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.
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.
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.
Tuesday’s big stock stories: What’s likely to move the market in the next trading session
The Dow Industrials surged almost 700 points to notch a record close Monday. Tune in to CNBC on Tuesday for an interview with Snap CEO Evan Spiegel.
Big Tech’s Anthropic and OpenAI stakes are distorting the corporate earnings picture
If you were to strip out Big Tech’s investment gains from private AI companies, the earnings story is a lot less bullish.
History says this is where the Nasdaq-100 goes next after a correction
CFRA Research found that the tech-heavy index could recover what it lost in just two months, if last week was indeed the bottom.
Here are some of JPMorgan’s favorite stocks as August trading kicks off
As August starts, JPMorgan analysts chose their favorite stocks to outperform this month.