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Raymond James Maintains a Strong Buy on Coherent Corp. (COHR)
Insider Monkey40d agobullish
Raymond James Maintains a Strong Buy on Coherent Corp. (COHR)

Coherent Corp. (NYSE:COHR) is one of the 15 Best Stocks to Buy for the Second Half of 2026. On June 2, Raymond James raised its price target on Coherent Corp. (NYSE:COHR) to $435 from $371. The firm maintained a “Strong Buy” rating on the stock. In a note, the firm stated the company is in […]

Morgan Stanley (MS) Buyback And Dividend Move Put Valuation Back In Focus
Simply Wall St.40d agobullish
Morgan Stanley (MS) Buyback And Dividend Move Put Valuation Back In Focus

Dividend increase and buyback put Morgan Stanley stockholder returns in focus Morgan Stanley (MS) has put shareholder payouts front and center, outlining a higher quarterly dividend and a new multi year share repurchase program that together reshape how cash is returned to investors. The firm plans to lift its quarterly common stock dividend to US$1.15 per share from US$1.00, beginning with the dividend expected to be declared in the third quarter of 2026. It is also authorizing up to US$20b...

China to let AI firms buy Nvidia H200 chips, the Information reports
Reuters Videos40d agobullishVIDEO
China to let AI firms buy Nvidia H200 chips, the Information reports

<body><p>STORY: :: Nvidia</p><p>Shares of Nvidia rose in Wednesday morning trading after a report said China is planning to allow its top AI firms to buy a limited number of Nvidia's second most powerful AI chip, the H200.</p><p>A report from The Information on Wednesday said Chinese officials have told Alibaba, ByteDance and DeepSeek in recent weeks that they may soon receive permission to buy some of those chips.</p><p>The U.S. government has allowed Nvidia to sell its advanced H200 chips to China, and licensed about 10 Chinese firms to buy the chips.</p><p>But Chinese officials had withheld approval, looking to nurture their domestic suppliers.</p><p>:: Nvidia</p><p>:: Archive</p><p>Reuters reported in March that Nvidia had won Beijing's long-awaited approval to sell the chips to China.</p><p>:: Nvidia</p><p>The potential shift in China's stance underscores the growing computing capacity crunch that the country's tech companies are facing.</p><p>Nvidia on Wednesday did not immediately respond to a request for comment, nor did the U.S. Commerce Department, which oversees exports of advanced AI chips.</p></body>

Why Are Penguin Solutions (PENG) Shares Soaring Today
StockStory40d agobullish
Why Are Penguin Solutions (PENG) Shares Soaring Today

Shares of semiconductor maker Penguin Solutions (NASDAQ:PENG) jumped 19.8% in the morning session after the company reported second-quarter results that significantly surpassed Wall Street's expectations and raised its full-year profit forecast.

Broadcom Spikes 5% on Expanded Apple Chip Deal; Intel and AMD Drift Lower
24/7 Wall St.40d agobullish
Broadcom Spikes 5% on Expanded Apple Chip Deal; Intel and AMD Drift Lower

Broadcom (NASDAQ:AVGO) stock is outperforming the semiconductor sector today, climbing 5% to $390 after Apple announced an expanded multiyear chip agreement with the company. Meanwhile, Intel (NASDAQ:INTC) stock is down 2% to $108, while Advanced Micro Devices (NASDAQ:AMD) stock is lower by 1% to $513. The contrasting moves suggest that investors are rewarding Broadcom for ... Broadcom Spikes 5% on Expanded Apple Chip Deal; Intel and AMD Drift Lower

Dell Stock Has A-Plus Fundamentals as Cash Flow Surges 313%
Barchart40d agobullish
Dell Stock Has A-Plus Fundamentals as Cash Flow Surges 313%

Dell Technologies (DELL) demonstrates exceptional technical momentum with a 246% increase over the past year. DELL maintains robust fundamentals with cash flow up 313% last year. Technical indicators show a 100% “Buy” opinion from Barchart. Analyst sentiment skews positive with multiple “Strong Buy” ratings, but valuation concerns persist. Today’s Featured...

Price Prediction: Intel Soared 450% in a Year. Will The Rally Continue?
24/7 Wall St.40d agobullish
Price Prediction: Intel Soared 450% in a Year. Will The Rally Continue?

Intel (NASDAQ:INTC) has done the unthinkable. Shares are up 443.35% over the past year, transforming a left-for-dead turnaround story into one of the market’s most talked-about rallies. The question is whether the run has more room or whether the price has outrun the fundamentals. Our 24/7 Wall St. price target for Intel is $103.26 over ... Price Prediction: Intel Soared 450% in a Year. Will The Rally Continue?

Occidental Petroleum Jumps 4% While ExxonMobil, Chevron Lag: Evercore Upgrade and Oil Spike Fuel OXY’s Lead
24/7 Wall St.40d agobullish
Occidental Petroleum Jumps 4% While ExxonMobil, Chevron Lag: Evercore Upgrade and Oil Spike Fuel OXY’s Lead

Shares of Occidental Petroleum (NYSE:OXY) are up 4% at midday Wednesday, trading at $53.90. The move puts Occidental well ahead of integrated peers ExxonMobil (NYSE:XOM) and Chevron (NYSE:CVX). ExxonMobil stock is off 1% at $140.51, essentially flat. Meanwhile, Chevron shares are higher by 1% to $176.07, a modest gain that trails Occidental by a wide ... Occidental Petroleum Jumps 4% While ExxonMobil, Chevron Lag: Evercore Upgrade and Oil Spike Fuel OXY’s Lead

Prediction: Can Joby Aviation Stock Soar 500% by 2030?
24/7 Wall St.40d agobullish
Prediction: Can Joby Aviation Stock Soar 500% by 2030?

Joby Aviation (NYSE:JOBY) is developing commercial air taxis while its stock trades near a 52-week low. CEO JoeBen Bevirt calls 2026 “a key inflection point” for the eVTOL pioneer, with first passenger service in Dubai this year and a Toyota manufacturing joint venture in hand. Yet shares sit at $8.92, down 32.42% year to date. ... Prediction: Can Joby Aviation Stock Soar 500% by 2030?

Nike (NKE) Beat On Q4 Earnings, Is The Turnaround Fully Priced?
Simply Wall St.40d agobullish
Nike (NKE) Beat On Q4 Earnings, Is The Turnaround Fully Priced?

Nike (NKE) reported fourth quarter earnings that came in ahead of expectations, helped by a sizeable tariff refund. However, a sharp sales decline in Greater China and guidance for continued sales pressure kept investor sentiment cautious. See our latest analysis for NIKE. Nike’s recent Q4 beat and tariff refund have not stopped the share price from falling sharply year to date, with the year to date share price return down 31.72% and the 1 year total shareholder return down 39.94%. This...

Accenture (ACN) Wins NATO And AI Deals, Is The Stock Trading At A Discount?
Simply Wall St.40d agobullish
Accenture (ACN) Wins NATO And AI Deals, Is The Stock Trading At A Discount?

Accenture (ACN) has announced a multi million euro contract with NATO for its Protected Business Network program, along with new AI partnerships with Google Cloud and ServiceNow that expand its presence in cybersecurity and cloud services. See our latest analysis for Accenture. Despite the NATO contract and new AI partnerships, Accenture’s recent share price return has been weak, with the stock down 45.32% year to date and the 1 year total shareholder return declining 51.92%. However, the 7...