Micron Technology is poised to see even more upside as a memory shortage continues to be a boon for its business, per Deutsche Bank.
Wednesday’s big stock stories: What’s likely to move the market in the next trading session
Oil prices fell Tuesday, giving the Dow Industrials a tailwind and briefly lifting it above 52,000. A sell-off in tech, however, weighed on the S&P 500.
These stocks should outperform as the Iran deal is finalized, says UBS
With a deal on the horizon, UBS thinks that stocks like Southwest Airlines and Eastman Chemicals could benefit from a potential settlement.
‘Outsized upside’ could be around the corner for these dividend-paying energy plays, Morgan Stanley says
Select midstream equity plays could see considerable upside, according to the firm.
An old economy sector may break out thanks to hyperscaler investment. Todd Gordon outlines how to play it
Another group has participated in the growth trade breakout and recently showed outperformance, creating a quieter AI revolution in this “old economy” sector.
Odds that a proposed billionaire tax appears on California ballots plunge on prediction markets
Odds that a proposed billionaire tax is on California’s ballot dropped after reports noted that Gov. Gavin Newsom is pushing to stop the proposal.
Prediction market traders speculate Anthropic will restore access quickly to AI model after Trump admin directed it to limit reach
Traders think it’s more likely than not that access is restored by July 1.
This AI play is no longer a ‘hidden gem,’ but Wall Street is still underestimating its potential, says Melius
The research firm initiated coverage with a buy rating.
EchoStar is worth at least $161 a share because of SpaceX stake, says analyst
New Street Research raised its valuation of EchoStar to reflect its ownership of SpaceX, calling it an “attractive proposition”
This cybersecurity stock could soar on AI tailwinds. UBS says to buy it now
Dynatrace could see considerable upside as it benefits from a combination of AI tailwinds, per UBS.