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Nvidia sends blunt message on China AI chip demand
TheStreet87d agoneutral
Nvidia sends blunt message on China AI chip demand

Nvidia (NVDA) is suffering from a China problem. However, it has a China opportunity as well. CEO Jensen Huangsaid the company’s prediction of a $200 billion central processing unit market includes China, showing that Nvidia still anticipates strong long-term demand in one of the world’s most ...

BofA makes blunt call on HOKA-parent Deckers stock price after earnings
TheStreet87d agoneutral
BofA makes blunt call on HOKA-parent Deckers stock price after earnings

Deckers Outdoor (DECK) walked into its earnings night with everything a footwear company could want. Record fiscal 2026 revenue, record EPS, a blockbuster $3.5 billion buyback authorization, and a fiscal 2027 outlook that came in above Wall Street's consensus. Then, Bank of America trimmed its ...

The Retiree Recession Begins: Surprising Report Reveals 7% of Retirees Return to Work Amid High Costs
24/7 Wall St.87d agoneutral
The Retiree Recession Begins: Surprising Report Reveals 7% of Retirees Return to Work Amid High Costs

The stock market may be hovering near record highs, but millions of Americans are discovering that retirement and financial security are not the same thing. Grocery bills remain elevated. Housing costs continue climbing. Healthcare premiums keep eating into fixed incomes. And now a surprising new survey suggests many retirees are realizing their nest eggs were ... The Retiree Recession Begins: Surprising Report Reveals 7% of Retirees Return to Work Amid High Costs

Forget SpaceX: The Next Red-Hot IPO Is Here and It’s a Quantum Computing Stock
24/7 Wall St.87d agoneutral
Forget SpaceX: The Next Red-Hot IPO Is Here and It’s a Quantum Computing Stock

The IPO market is waking up again, and few offerings have generated as much buzz as SpaceX. Between Elon Musk’s star power, the company’s reported multi-trillion-dollar valuation it is seeking, and dreams of Mars colonization, it is easy to see why investors are excited. But history says investors chasing blockbuster IPOs right out of the ... Forget SpaceX: The Next Red-Hot IPO Is Here and It’s a Quantum Computing Stock

SpaceX IPO Could Rewrite the Record Books for Public Listings
InvestorsHub87d agoneutral
SpaceX IPO Could Rewrite the Record Books for Public Listings

A potential IPO from SpaceX could dramatically reshape the history of global public offerings, with the Elon Musk-led company reportedly targeting a valuation that would eclipse every previous stock market debut. If current expectations hold, SpaceX could raise far more capital than any company before it and potentially become the first IPO to debut with a valuation approaching $2 trillion.

Americans pick a new favorite airline for 2026
TheStreet87d agoneutral
Americans pick a new favorite airline for 2026

There’s been a lot of shakeup in the airline industry in recent months. First, Southwest Airlines changed its long-standing open seating policy, much to passenger chagrin. Then, budget airline Spirit abruptly shuttered after 34 years in business. Now, a new airline has emerged as a customer ...

Qualcomm strikes AI chip deal with TikTok owner ByteDance, Bloomberg News reports
Reuters87d agoneutral
Qualcomm strikes AI chip deal with TikTok owner ByteDance, Bloomberg News reports

Qualcomm reached a deal with TikTok owner ‌ByteDance to supply chips for ‌AI data centers, Bloomberg News reported ​on Tuesday, citing people familiar with the matter. Shares of the smartphone chip designer rose about 5%. ByteDance ‌is set to ⁠procure millions of Qualcomm chips known as application-specific ⁠integrated circuits to help support the social media company's AI ​agent software, ​according the ​report.

Bloomberg87d agoneutral
Qualcomm Strikes AI Chip Deal With TikTok Owner ByteDance

(Bloomberg) -- Qualcomm Inc. reached a deal with TikTok owner ByteDance Ltd. to supply chips for artificial intelligence data centers, according to people familiar with the matter, marking a key win for a company trying to expand from smartphone processors into AI infrastructure.Most Read from BloombergNvidia CEO Urges Super Micro to Tighten Up on ComplianceTrump Doctor Visit Renews Health Scrutiny as 80th Birthday NearsTrump Says He’ll Announce Negotiated Deal With Iran ShortlyRubio Sees Good N

Micron joins $1 trillion club as AI race powers memory chip boom
Reuters87d agoneutral
Micron joins $1 trillion club as AI race powers memory chip boom

Micron Technology topped $1 trillion in market value for the first time on Tuesday, crowning a dizzying rally that has cemented the largest U.S. memory chipmaker ‌as one of the standout winners of the AI boom. Micron's shares were last up 18% ‌at $886.6 - a record high - with Tuesday's boost coming after brokerage UBS increased its price target on the stock to $1,625 from $535, ​which is the highest among the 46 brokerages covering the company, according to LSEG data. The milestone, which underscores memory chips' central role in AI infrastructure, also reflects a broader shift in the AI trade as investors seek out companies that can benefit from Big Tech's massive spending plans after initially crowding into makers ‌of graphics processors.

Micron closes in on $1 trillion market value as UBS triples share price target
Reuters87d agoneutral
Micron closes in on $1 trillion market value as UBS triples share price target

Shares of Micron Technology climbed about 14.2% in early trading on Tuesday after brokerage UBS sharply raised ‌its target price for the stock citing stronger AI ‌demand and long-term supply deals, taking the chipmaker closer to $1 trillion in market value. The ​revised target - the highest among the 46 brokerages covering the stock - implies a potential valuation of close to $1.8 trillion for the company by the next twelve months, compared with a market capitalization of $846.93 billion as of close ‌on Friday. • UBS raised ⁠the price target more than threefold to $1,625 from the earlier $535, compared with the stock's Friday close of $751.

Elbit Systems Q1 Earnings Call Highlights
MarketBeat87d agoneutral
Elbit Systems Q1 Earnings Call Highlights

Elbit Systems (NASDAQ:ESLT) reported a stronger first quarter of 2026, with management highlighting double-digit growth in revenue, operating profit and earnings per share, as well as a record backlog that surpassed $30 billion for the first time. Kobi Kagan, the company’s chief financial officer,

UBS Raises Micron to Street-High Target
Bloomberg87d agoneutralVIDEO
UBS Raises Micron to Street-High Target

UBS raised its price target on Micron to a Street-high view of $1,625, up from $535. Mandeep Singh has more on "Bloomberg Open Interest."

3 Reasons Retirees Should Reconsider Enrolling in a Standalone Medicare Drug Plan in 2026
24/7 Wall St.87d agoneutral
3 Reasons Retirees Should Reconsider Enrolling in a Standalone Medicare Drug Plan in 2026

You turn 65, sign up for Medicare, and a wall of mail arrives pushing standalone Part D drug plans. The default move for decades has been to pick one and forget it. For 2026, that default deserves a fresh look. The Inflation Reduction Act fully kicks in this year, premiums and surcharges shift, and bundled ... 3 Reasons Retirees Should Reconsider Enrolling in a Standalone Medicare Drug Plan in 2026

Jeff Bezos Says Bottom 50% of Americans Should Pay No Taxes. The Real Culprit Is Federal Spending
24/7 Wall St.87d agoneutral
Jeff Bezos Says Bottom 50% of Americans Should Pay No Taxes. The Real Culprit Is Federal Spending

During a recent episode of The Pomp Podcast featuring guest Jordi Visser, host Anthony Pompliano highlighted a striking proposal from Amazon (NASDAQ:AMZN) founder Jeff Bezos. Bezos believes the bottom 50% of Americans should pay no federal taxes. According to the discussion, the bottom half of earners currently contribute only 3% of the federal budget, which lends credence ... Jeff Bezos Says Bottom 50% of Americans Should Pay No Taxes. The Real Culprit Is Federal Spending

Inflation Adjusted Dividend Income: How to Replace $80,000 in Today’s Dollars 20 Years From Now
24/7 Wall St.87d agoneutral
Inflation Adjusted Dividend Income: How to Replace $80,000 in Today’s Dollars 20 Years From Now

A 50-year-old woman planning to retire at 70 on the equivalent of $80,000 in today’s purchasing power is actually targeting a much larger nominal income figure. Assuming long-run inflation averages 3% annually, maintaining that same lifestyle 20 years from now would require roughly $144,500 per year in nominal dollars. That is the income her portfolio needs ... Inflation Adjusted Dividend Income: How to Replace $80,000 in Today’s Dollars 20 Years From Now