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CXMT’s Blockbuster IPO Hits MU, SNDK and WDC—Is the Memory Rally at Risk?
Insider Monkey15d agobullish
CXMT’s Blockbuster IPO Hits MU, SNDK and WDC—Is the Memory Rally at Risk?

Memory and storage stocks came under pressure on July 27 after China’s leading semiconductor manufacturer, ChangXin Memory Technologies (CXMT), delivered a blockbuster Shanghai stock market debut to surpass a $500 billion valuation. Micron Technology, Inc. (NASDAQ:MU) shares fell 5%, Sandisk Corporation (NASDAQ:SNDK) declined around 12%, while Western Digital Corporation (NASDAQ:WDC) also traded sharply lower on […]

D-Wave (QBTS) Soars on AT&T Deal, NYSE Uplisting
Insider Monkey15d agobullish
D-Wave (QBTS) Soars on AT&T Deal, NYSE Uplisting

D-Wave Quantum Inc. (NYSE:QBTS) snapped a three-day losing streak on Monday, surging as much as 19.6 percent to $19.39 apiece after it bagged a new deal that would help strengthen its case that quantum computing is moving beyond research projects into real-world enterprise applications. In a statement, the quantum firm said that it signed a […]

Cameco gets UBS upgrade on strengthening uranium bull case
Proactive15d agobullish
Cameco gets UBS upgrade on strengthening uranium bull case

Cameco Corporation (TSX:CCO) has been upgraded to Buy by UBS on a strengthened uranium bull case that analysts believe is not reflected in the producer's share price. The upgrade follows a pullback in the stock of 18% over the past month and 27% over the past six months, which UBS said...

UnitedHealth Group Incorporated (UNH) and Intuitive Surgical, Inc. (ISRG) Just Showed Why Beating Estimates Isn’t Enough
Insider Monkey15d agobullish
UnitedHealth Group Incorporated (UNH) and Intuitive Surgical, Inc. (ISRG) Just Showed Why Beating Estimates Isn’t Enough

Two big healthcare companies, UnitedHealth Group Incorporated (NYSE:UNH) and Intuitive Surgical, Inc. (NASDAQ:ISRG) reported earnings the same week in July. Both beat what Wall Street expected. One stock jumped as much as 8%. The other fell as much as 13%. The difference between them shows what actually moves a healthcare stock right now. UnitedHealth Group […]

Is Qualcomm Stock a Buy Ahead of July 29 Q3 Earnings?
24/7 Wall St.15d agobullish
Is Qualcomm Stock a Buy Ahead of July 29 Q3 Earnings?

Qualcomm (NASDAQ:QCOM) heads into Wednesday’s Q3 earnings report on July 29 at just 15x forward earnings, despite returning billions of dollars to shareholders and expanding beyond smartphones. Qualcomm also offers investors a dividend yield above 2% alongside exposure to growing automotive, IoT, and hyperscaler chip businesses. Qualcomm’s 15x Forward P/E Leaves Room for Upside QCOM trades ... Is Qualcomm Stock a Buy Ahead of July 29 Q3 Earnings?