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Express News | Morgan Stanley raised the rating of ARM Holdings ADR.
Evaluating ARM Holdings: Insights From 8 Financial Analysts
Across the recent three months, 8 analysts have shared their insights on ARM Holdings (NASDAQ:ARM), expressing a variety of opinions spanning from bullish to bearish.The following table provides a
US stock market preview | Deploy to solve downtime issues! CrowdStrike fell by 12%; Tesla slightly increased, raising the sales price of Model S/X.
Wall Street tycoons are rallying behind technology stocks, believing that the plunge is only temporary and presents a great buying opportunity. How will Trump 2.0 affect the Federal Reserve? Wells Fargo & Co. believes that the magnitude of the interest rate cut may not meet expectations. Citigroup says that OpenAI will become Broadcom's fourth largest customer. The new AI chips are expected to be delivered in the second half of next year.
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 Premarket Gainers
Serve Robotics (SERV) shares surged 75% in recent Friday premarket activity, extending Thursday's rally.60 Degrees Pharmaceuticals (SXTP) shares were 60% higher, adding to Thursday's 5.2% gain.
This week's hot US stocks: "Interest rate trade" and "Trump trade" dominate the market! Strong gains in US regional bank stocks, while MSTR, a currency-holding stock, jumped more than 11% this week.
With the change in expectations for the Fed's interest rate cuts and the increasing probability of former US president and Republican candidate Trump winning the US election again, the trading logic of the market seems to have changed overnight: the US stock sectors have undergone violent rotation, technology stocks have sharply retreated, cyclicals and small-cap stocks have rebounded strongly.