Quick Read - Micron (MU) surged 20% as AI-driven memory demand outpaces supply, pushing the company past $1 trillion valuation and into the S&P 500’s top 11 by market cap. Nvidia (NVDA) reached $5.2 trillion with data-center revenue up 92% year over year, while Broadcom (A
The most talked about and market moving research calls around Wall Street are now in one place. Here are today's research calls that investors need to know, as compiled by The Fly Top 5 Upgrades: - JPMorgan upgraded FedEx (FDX) to Overweight from Neutral with a pric
SoFi Technologies becomes the first U.S. national bank to integrate a stablecoin directly into its consumer banking platform. SoFi Technologies has launched SoFiUSD, a dollar-backed stablecoin, inside its banking app for nearly 15 million members. The token is redeemable 1
Bitcoin and Ethereum drop nearly 2% at open amid U.S.-Iran tensions over Strait of Hormuz shipping routes. Bitcoin (BTC-USD) opened at $75,829.41 on Wednesday, down 1.9% from Tuesday’s open, and fell further to $75,216 by 9:21 a.m. ET. Ethereum (ETH-USD) mirrored the decli
Wall Street Thinks This AI Powerhouse Is Headed to $1.6 Trillion, But Historical Cycles Suggest It’s a Stock to Avoid Like the Plague Quick Read - Micron Technology (MU) at $880 appears overpriced with risk-reward skewed downside despite strong earnings. - Micron’s memory...
The VanEck Pharmaceutical ETF (NASDAQ:PPH) provides targeted exposure to drug manufacturers, while the iShares Global Healthcare ETF (NYSEMKT:IXJ) offers a broader reach across the international medical industry including biotechnology and equipment. Investors looking for
Analysts raise NVIDIA price targets to record highs despite recent pullback and weakening institutional demand. Wall Street firms raised NVIDIA’s price targets to as high as $330, led by Wedbush’s 53.6% upside call from the current $214.86 close. Morgan Stanley, Jefferies,
Federal Reserve Bank of Dallas President Lorie Logan says that the world may eventually have to reduce its consumption of oil and natural gas to bring volatile energy markets into a balance. Speaking at a closed-press conference, Logan emphasized the reality of physical su
ANF reported Q1 earnings of $1.47 per share, exceeding expectations, while revenue grew 2% to $1.1 billion. Abercrombie & Fitch posted first-quarter earnings of $1.47 per diluted share, surpassing the $1.27 analyst estimate. The result drove premarket gains in ANF stock on
The company gains operational control of a block containing legacy fields with over 200 million barrels of discovered oil in place. Afentra has taken a 35% operated interest in Angola’s KON4 block after securing formal approval for a Risk Service Contract. The block, locat
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