Bank of America stock: options market predict a jump to $57 after earnings
Bank of America stock has come under pressure in the past two months, mirroring the performance of most banks in the US. After peaking at $65.07 in August, the stock…
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Category: Stock
Bears in control of JPMorgan stock: can Q3 earnings change that?
Bears are broadly in control of JPMorgan (JPM) stock heading into the bank’s Q3 earnings on Oct. 13 (before market opens), but the derivatives market believes the dynamic will shift…
Why are Micron, SK Hynix stocks falling on Monday?
Micron Technology MU and SK Hynix shares traded lower on Monday as investors assessed the competitive implications of progress by China’s ChangXin Memory Technologies (CXMT) in developing a new memory-chip…
DCF model suggests Cerebras stock is still overvalued
Cerebras Systems (CBRS) shares are extending losses on October 12th as investors continue to reassess the artificial intelligence (AI) infrastructure company’s future prospects. CBRS is now trading at about half…
Nvidia stock takes a hit as portfolio stocks dive and Reflection AI bid is considered
Nvidia stock has pulled back in the past four consecutive days. It has slumped from the all-time high of $243 to the current $230 as investors have remained cautious about…
Evening Digest: Oil falls, Apple cuts iPhone component orders
Oil prices fell as US President Donald Trump signalled a pause in potential strikes against Iran before next month’s midterm elections, easing concerns about supply disruptions. Treasury yields remained elevated…
Dow rises 423 points as tech stocks rebound, telecom shares slide on SpaceX
US stocks rose on Friday as technology shares rebounded from a sell-off earlier in the week, helping Wall Street recover amid elevated Treasury yields, volatile oil prices, and concerns about…
SoundHound stock breaks key support as short interest surges: Is a squeeze coming?
SoundHound stock has plunged to its lowest level since November 2024 as investors continue betting against the voice AI company. It slumped to a low of $5.38 on Friday, down…
Nasdaq opens higher as oil retreats, AI stocks recover and telecom shares slide
US stocks opened higher on Friday as oil prices retreated following easing concerns about further escalation in the Middle East, while investors assessed the outlook for artificial intelligence stocks and…