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Top Analyst strongly resets AMD stock price target
TheStreet80d agoneutral
Top Analyst strongly resets AMD stock price target

Wall Street just picked a new favorite in the AI chip race, and it isn't the company most investors expect. According to Investing.com, Cantor Fitzgerald analyst C.J. Muse raised his price target on Advanced Micro Devices (AMD) to $700 from $500 on June 29, keeping his Overweight rating. That ...

Starbucks vs Chipotle: Two Restaurant Titans, Two Playbooks, Only One Winner
24/7 Wall St.80d agoneutral
Starbucks vs Chipotle: Two Restaurant Titans, Two Playbooks, Only One Winner

Starbucks (NASDAQ:SBUX) and Chipotle Mexican Grill (NYSE:CMG) just delivered two of the most instructive turnaround updates in restaurants. Starbucks posted its clearest inflection yet under Brian Niccol. Chipotle, still working through a full year of negative comps, leaned harder on unit growth and menu innovation. Same sector, two very different scoreboards. Coffee Traffic Comes Back. ... Starbucks vs Chipotle: Two Restaurant Titans, Two Playbooks, Only One Winner

Foxconn second-quarter revenue jumps, company cautions on geopolitics
Reuters80d agobullish
Foxconn second-quarter revenue jumps, company cautions on geopolitics

Taiwan's Foxconn, the world's largest contract electronics maker, reported a 39.8% year-on-year ‌rise in second-quarter revenue that beat market forecasts ‌on strong demand for AI products, though it cautioned about "volatile" global politics. Revenue ​for Nvidia's biggest server maker and Apple's top iPhone assembler jumped to T$2.513 trillion ($78.71 billion) in the April-June quarter, Foxconn said in a statement on Sunday. Strong ⁠AI demand led to robust revenue growth for its cloud and networking products division, while smart consumer electronics, which ​includes iPhones, ​posted "significant" growth, the company said.

Palantir doubles down on national security with Nvidia AI alliance
TheStreet81d agoneutral
Palantir doubles down on national security with Nvidia AI alliance

Palantir Technologies is betting big on a simple idea: The U.S. government should never have to depend on someone else's AI model to protect the country. That idea is now a formal partnership. Palantir (PLTR) recently announced it is teaming with NVIDIA to give federal agencies and companies that ...

Anthropic quietly joins the race to build its own chips
TheStreet82d agoneutral
Anthropic quietly joins the race to build its own chips

Anthropic has opened early talks with Samsung Electronics to manufacture a custom AI chip, according to a report from Bloomberg. The Claude developer has never built its own silicon before. It has relied entirely on chips rented from Amazon, Google, and Nvidia, and that dependence is now colliding ...

Price Prediction: Coca-Cola’s Fourth Consecutive Earnings Beat Sets Up a Run Toward a New High
24/7 Wall St.82d agobullish
Price Prediction: Coca-Cola’s Fourth Consecutive Earnings Beat Sets Up a Run Toward a New High

My Coca-Cola (NYSE:KO) call is straightforward. After a 21.97% year-to-date run that has pushed shares to their 52-week high of $84.14, momentum, fundamentals, and defensive positioning all point higher. Our 24/7 Wall St. price target for Coca-Cola is $91.13, implying 8.31% upside over the next 12 months. The recommendation is buy with high confidence at ... Price Prediction: Coca-Cola’s Fourth Consecutive Earnings Beat Sets Up a Run Toward a New High

Walmart’s Defensive Appeal and 89% Analyst Support Point to 17% Upside
24/7 Wall St.82d agoneutral
Walmart’s Defensive Appeal and 89% Analyst Support Point to 17% Upside

Walmart (NYSE:WMT) has quietly built one of the most convincing defensive setups in the market. With consumer sentiment at recessionary levels and grocery spending still climbing, the world’s largest retailer is executing across omnichannel, advertising, and membership at the same time. Our proprietary model sees room for the stock to keep grinding higher over the ... Walmart’s Defensive Appeal and 89% Analyst Support Point to 17% Upside

Nvidia CEO's iconic leather jacket heads to auction
TheStreet82d agoneutral
Nvidia CEO's iconic leather jacket heads to auction

NVIDIA (NASDAQ: NVDA) co-founder and CEO Jensen Huang is putting his trademark black leather jacket up for auction at Sotheby's, with bidding opening July 7. The Tom Ford piece, signed by Huang himself, carries an estimated value of $40,000 to $60,000, according to Sotheby's listing. ...

VGT Investors: Watch Hyperscaler Capex Guidance in H2 2026
24/7 Wall St.82d agoneutral
VGT Investors: Watch Hyperscaler Capex Guidance in H2 2026

The Vanguard Information Technology ETF (NYSEARCA:VGT) just gave back a chunk of its 2026 run, sliding 5% in a single week as semiconductor names corrected. The fund is still up about 21% year to date and roughly 39% over the past year, but holders should treat that pullback as the market beginning to question the ... VGT Investors: Watch Hyperscaler Capex Guidance in H2 2026

Bloomberg82d agoneutral
The AI Trade Is Losing One of Its Key Signals

(Bloomberg) -- At a time when markets are growing uneasy over whether the enormous sums being poured into artificial intelligence will ever pay off, the prices the sector commands for each unit of usage are drifting lower.Most Read from BloombergExxon to Change Name for First Time in Decades After RedomicileWhy the Great American State Fair Looks So EmptyGermany Rejects Trump’s Demands for NATO Loyalty to WashingtonMeta Is Planning a Cloud Business to Sell AI Computing PowerRussia Indicates Ukra