Express News | Top 10 Trending Stocks On WallStreetBets As Of July 22 2024 (Via Swaggy Stocks)
Today's Analyst Rating | Apple Price Target Raised to $260 by Needham, Microsoft Price Target Raised to $480 by Raymond James
Jul 22, Wall Street analysts have updated their stock ratings today including $Apple(AAPL.US)$ and $Microsoft(MSFT.US)$.
TSMC Sells Batch of Patents for $26 Million; Shares Drop 3%
Taiwan Semiconductor Manufacturing or TSMC (TPE:2330) sold its batch of patents to Parabellum Strategic Opportunities Fund for $26 million.
China International Capital Corporation: AI prosperity resonates at home and abroad, focusing on structural upgrading of traditional telecommunications business.
In the first half of 2024, AI computing power is still the core investment focus, with high prosperity in AI big model iteration and optimization and North American cloud vendors' AI investment, driving the performance and market performance of AI hardware core suppliers to resonate and drive the sector's market capitalization to rebound from the beginning of the year.
"Tech bubble" does not exist? A taiwan fund inc continues to bet on AI semiconductors, with performance surpassing 98% of its peers.
Despite skepticism about the overvaluation of the technology industry in the market, a Chinese and Taiwanese technology fund remains bullish about the continued driving force of AI on the semiconductor industry.
After the technology stock's $900 billion collapse, the US stock market will face a critical week!
Are you still bullish in the long term?
HTSC: ASML's new Q2 order volume has greatly increased, bullish on the recovery of global semiconductor equipment industry.
HTSC stated that ASML, the leading semiconductor equipment company in the Netherlands, has exceeded expectations in Q2, and is bullish about the recovery of the global semiconductor equipment industry.
US stocks closed with all three major indices falling, with the S&P Nasdaq index seeing its largest weekly decline in three months. Technology stocks weakened, with Tesla down more than 4%, Nvidia down more than 2%, and CrowdStrike down more than 11%.
Investors accelerated their escape from technology stocks, with stocks and bonds in Europe and the United States being hit hard for two days. This week, the S&P 500 and Nasdaq fell by about 2% and 3.7%, respectively. The Nasdaq stopped its six-week continuous rise, while the Dow and small-cap indices rose by 0.7% and 1.7%, respectively. Chip stocks fell more than 3% on Friday and nearly 9% for the week. Nvidia also fell more than 8.7% for the past three months, making it the worst performer. The "seven sisters of technology" all fell for the week, and cybersecurity leader Crowdstrike, which triggered a global technology outage, fell 11% on Friday, the worst in nearly two years. The VIX panic index rose more than 32% for the week.
Overnight news: White House raises its 2024 US economic growth and inflation forecasts. CrowdStrike causes the largest IT failure in history. Duff & Phelps says that Biden's withdrawal from the race is unfavorable to the US dollar.
For more global financial information, please visit the 7x24-hour real-time financial news market closing: The Dow fell 370 points, and the S&P index recorded its largest weekly decline in three months. The top 20 US stock transactions on July 19: CrowdStrike caused the largest IT system failure in history. WTI crude oil fell 3.3%, and investors focused on the Gaza ceasefire hopes. Popular Chinese concept stocks rose and fell on Friday, and New Oriental rose 3.2% while Taiwan Semiconductor fell 3.6%. European stocks collectively fell: German Dax30 index fell 1.09%. The White House's macroeconomic outlook for 2024 raises US economic growth and inflation forecasts, calling for the passing of the torch.
Express News | Shares of Semiconductor Stocks Are Trading Lower as the Sector Pulls Back Following This Year's Strength, Which Has Been Driven by AI Momentum
US stocks fluctuate: chip stocks fall, Taiwan Semiconductor (TSM.US) falls 2.9%.
Chip stocks are down, as of the time of writing Qualcomm has fallen more than 1.3%.
Today's Analyst Rating | Apple Price Target Raised to $260 by Melius Research, CFRA Upgrades Microsoft to Buy
Jul 19, Wall Street analysts have updated their stock ratings today including $Apple(AAPL.US)$ and $Microsoft(MSFT.US)$.
Trump's stunning remarks triggered a tech stock market crash, and a prominent investment bank is calling for bargain hunting: this is a "golden buying opportunity"!
According to Wedbush analyst Dan Ives, the sell-off of technology stocks is a 'golden buying opportunity' for investors.
Taiwan Semiconductor Manufacturing (TSM) Gets a Buy From Barclays
In a report released today, Simon Coles from Barclays maintained a Buy rating on Taiwan Semiconductor Manufacturing (TSM – Research Report), with a price target of $200.00. The company’s shares closed yesterday at $171.87.
TSMC's Growth Outlook Could Further Improve From 2025 -- Market Talk
0314 GMT - TSMC's growth outlook could be even stronger from 2025 onward, thanks to strong demand for advanced nodes, Citi analysts Laura Chen and Jack Chen say in a research note. The contract chip
Citi Research has raised TSMC's target price from NT$1,150.00 to NT$1,500.00. TSMC's stock code is 2330.TW.
Citi Research raised TSMC's target price from NT$1,150.00 to NT$1,500.00. Symbol is 2330.
Jim Cramer Supports Megacaps for the Long Term, Even as Wall Street Continues to Sell
As megacaps continue to decline, CNBC’s Jim Cramer said he remains optimistic about their prospects in the long run.
Goldman Sachs' top stock analyst: AI will not trigger an economic revolution, the bubble will burst eventually.
Jim Covello believes that the economic benefits brought by AI are not even comparable to those of smart phones and the internet; AI replaces low-paying jobs with expensive technology, which is completely opposite to the technological transformation that has occurred in the technology industry in the past thirty years.
Top 20 US stock trading volume on July 18: a well-known analyst said that orders for the Apple iPhone 16 may not have increased.
On Thursday, Nvidia, the top-performing stock in trading volume, rose 2.8%, partially recovering from the huge losses suffered on Wednesday, with a transaction value of $38.113 billion. As of the close of trading on Thursday, the stock had fallen more than 6.3% and may record a decline this week. Tesla, in second place, rose 0.29%, with a transaction value of $27.806 billion. According to the California New Car Dealers Association (CNCDA), Tesla's sales in California in the second quarter of 2024 sharply fell by 24%. The CNCDA reported on Thursday that Tesla's car registration in California has dropped 17% so far this year compared to last year, despite Tesla's.
Wall Street Today | Market Faces Second-Day Pullback
The overall market pulled back for the second day in a row Thursday after a semiconductor sell-off Wednesday.