To The Moon

Raymond James cut Micron price target to $125 per share from $160 but says it’s standing by the stock.Micron shares slumped over 5% in morning trading.“High Bandwidth Memory for AI applications is an incremental opportunity for the company and we expect Micron to gain its fair share over time.”

Raymond James cut Micron price target to $125 per share from $160 but says it’s standing by the stock.Micron shares slumped over 5% in morning trading.“High Bandwidth Memory for AI applications is an incremental opportunity for the company and we expect Micron to gain its fair share over time.”

Wedbush analyst Dan Ives is amping up the enthusiasm following Apple's iPhone event. Case in point: He boosted his price target to $300 from $285.By Ives' estimation, the iPhone 16 family "will be the most successful iPhone unit launch in [Apple's] history," as it could excite consumers on the artificial-intelligence trend."The new era of personalization and how consumers interact with their iPhones has now begun and we believe this will cause a renaissance of iPhone growth," Ives wrote.

$Tesla Motors(TSLA)$ stock was headed for furthe gains Thursday with autonomous driving helping. The moves comes hot on the heels of the Wednesday share rise which was all aboutrobots.Shares of the

Tesla has finally launched ‘actually smart summon’ or ‘ass’, an automated driver assist feature that was supposed to come two years ago.

Nvidia Corporation reported strong Q2 earnings, but growth has slowed compared to previous quarters, leading to a 5% drop in after-hours trading.The data center segment drove significant revenue growt

Intel's 2Q24 earnings caused a 26.1% drop in stock, missing guidance and cutting dividend.Panic selling of Intel stock not justified, oversold based on Relative Strength Index.Intel's reorganization a

Shares of Advanced Micro Devices fell 5.1% in intraday trading on Thursday, as investors took profits following the company's strong rally after its impressive second-quarter earnings report. The pullback came amid broader concerns about potential market volatility in the coming months and a general decline in semiconductor stocks.On Tuesday, AMD reported better-than-expected revenue and earnings for the second quarter, driven by robust growth in its data center business. The company's data cen

Shares of Micron Technology plunged 5.30% during intraday trading on Thursday, as the semiconductor giant grappled with industry-wide challenges and rising expenses.The broader semiconductor sector experienced a pullback, with concerns mounting over weakening demand and macroeconomic uncertainties. Micron, a leading producer of memory chips and storage solutions, was not immune to these headwinds.Despite reporting better-than-expected quarterly results, Micron's stock faced pressure due to worr