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Qualcomm Stock Price Prediction: 36% Upside the Analysts Are Missing
24/7 Wall St.58d agobearish
Qualcomm Stock Price Prediction: 36% Upside the Analysts Are Missing

Qualcomm (NASDAQ:QCOM) shares have whipsawed into the chipmaker’s Investor Day, and our model says the post-selloff setup looks compelling on the data. With the stock at $204.13 after a 8.01% single-day drop, our 24/7 Wall St. price target for Qualcomm is $278.13, implying 36.25% upside over the next 12 months. Our model frames this as ... Qualcomm Stock Price Prediction: 36% Upside the Analysts Are Missing

AeroVironment (AVAV) Faces Lawsuits And Restates Earnings Over $89 Million Error
Simply Wall St.58d agobearish
AeroVironment (AVAV) Faces Lawsuits And Restates Earnings Over $89 Million Error

AeroVironment (NasdaqGS:AVAV) has disclosed a significant accounting error tied to its space unit, leading to an $89 million goodwill impairment restatement. The company is facing multiple securities fraud class action lawsuits that allege misleading statements about major government contracts. AeroVironment has also reported weaknesses in its internal controls over financial reporting, raising questions about the reliability of past figures. AeroVironment enters this period of scrutiny...

NVIDIA (NVDA) Remains a Must-Own for Bernstein Despite Tech Sell-Off
Insider Monkey58d agobearish
NVIDIA (NVDA) Remains a Must-Own for Bernstein Despite Tech Sell-Off

NVIDIA Corporation (NASDAQ:NVDA) is one of the 15 AI Stocks Analysts Are Watching: Microsoft, Nvidia, and More. On June 23, Bernstein reiterates Nvidia and Broadcom as outperform Bernstein says both stocks are a must-own. Own both NVDA and AVGO. We get the desire to play the bottlenecks instead, but they won’t ultimately work if these […]

Tech-fueled sell-off wasn't the 'end of the world': Biggest takeaways
Yahoo Finance Video58d agobearishVIDEO
Tech-fueled sell-off wasn't the 'end of the world': Biggest takeaways

US stock futures (ES=F, NQ=F, YM=F) are mixed Wednesday morning as equities search for direction coming off of yesterday's sell-off across Big Tech. Morning Brief Host Julie Hyman, Yahoo Finance Breaking News Reporter Jake Conley, and Opening Bell Media CEO Phil Rosen discuss the last impacts of Tuesday's sell-off.

When Strategy Will Need To Sell Bitcoin; MSTR Stock's Scary Math
Investor's Business Daily58d agobearish
When Strategy Will Need To Sell Bitcoin; MSTR Stock's Scary Math

Its main preferred stock has sold off hard, hoisting its effective interest rate over 13%. MSTR stock bears — and there are plenty — will point to these facts as evidence that Strategy is in distress and forced sales of bitcoin may be needed. Certainly, Strategy has significant financial flexibility if the bitcoin price stays fairly close to its current level, around $62,000.