AI Likely Key Driver of Equity Market Returns -- Market Talk
Express News | Micron Technology Inc : TD Cowen Cuts Target Price to $115 From $160
DRAM inventory slightly increased, but high bandwidth demand remains strong! Wall Street supports Micron: stock price will soar.
Due to the increase in DRAM inventory, Citigroup has slightly lowered its expectations for Micron, adjusting its full-year sales forecast for 2024 from $25.1 billion to $24.9 billion in revenue.
TD Cowen Maintains Micron Technology(MU.US) With Buy Rating, Cuts Target Price to $115
TD Cowen analyst Krish Sankar maintains $Micron Technology(MU.US)$ with a buy rating, and adjusts the target price from $160 to $115.According to TipRanks data, the analyst has a success rate of 59.6%
China International Capital Corporation: AI+ code is a practical and commercially leading AI application scenario.
China International Capital Corporation believes that the improvement of AI application capabilities relies on both the enhancement of model capacity and the deep understanding of application scenarios and accurate grasp of customer needs.
US stocks closed | After the interest rate cut, US stocks rose and then fell back, with the three major indices closing slightly lower. Apple bucked the trend and rose nearly 2%.
After the Federal Reserve cut interest rates, US stock index hit a new daily high. However, it turned downwards after Powell's press conference. The S&P 500 ended its seven-day winning streak, while the Dow Jones Industrial Average fell for the second consecutive day. Nvidia failed to rebound and closed down nearly 2%, while Apple rose against the trend, gaining nearly 2%.