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Intel Shares Surge After BofA Upgrades Stock to Buy on CPU and Foundry Growth Prospects (INTC)
InvestorsHub74d agobullish
Intel Shares Surge After BofA Upgrades Stock to Buy on CPU and Foundry Growth Prospects (INTC)

Intel (NASDAQ:INTC) shares rose about 5% in premarket trading after Bank of America upgraded the stock twice, moving its rating from Underperform to Buy and increasing its price target to $135 from $96. The investment bank cited improving visibility around Intel’s server processor business and expanding opportunities within its external foundry operations as key reasons for the more optimistic outlook.

Jim Cramer found a real AI storage play, then told you not to buy it
24/7 Wall St.74d agobullish
Jim Cramer found a real AI storage play, then told you not to buy it

Jim Cramer used a recent Mad Money segment to dissect a small-cap cloud storage name that most generalist investors have never opened a tab for. His takeaway on Backblaze (NASDAQ:BLZE): a real business with a real AI angle, just not the right moment to step in. I have been watching the cloud infrastructure space for ... Jim Cramer found a real AI storage play, then told you not to buy it

Honeywell Automation Has Plans for Growth as Breakup Nears
Barrons.com74d agobullish
Honeywell Automation Has Plans for Growth as Breakup Nears

Honeywell’s other business laid out its case to investors on Thursday. Last week, Honeywell Aerospace hosted an investor event. Honeywell’s automation businesses generate annual sales of about $17 billion, and operating profit margins of about 21%, selling hardware, software, and services into the commercial building, energy, and industrial markets.

Retail Traders Dump Big Tech to Raise ‘Dry Powder’ to Buy SpaceX
Bloomberg74d agobullish
Retail Traders Dump Big Tech to Raise ‘Dry Powder’ to Buy SpaceX

(Bloomberg) -- Retail traders’ infatuation with high-flying computer memory and storage companies is fading now that the next big thing — SpaceX’s initial public offering — is on the way. Most Read from BloombergXbox Plans Significant Layoffs as New CEO Plans OverhaulHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’US Strikes Iran in Trump Escalation Over Stalled Peace TalksTech Stocks Sink as Oil Jumps on US-Iran Jitters: Markets WrapOracle Falls After Data Center Costs Overshadow A

Oracle Shares Slide Premarket After the Company Unveils Soaring AI Spending
The Wall Street Journal74d agobullish
Oracle Shares Slide Premarket After the Company Unveils Soaring AI Spending

The move comes after Oracle reported larger-than-expected capital expenditures to fund its data center buildout—with more significant spending on the way. The company reported $55.7 billion in capital expenditures for its latest fiscal year, higher than the $50 billion Oracle previously forecast.

Is Visa (V) the Best Stock to Buy For the Next 3 Months?
Insider Monkey74d agobullish
Is Visa (V) the Best Stock to Buy For the Next 3 Months?

Visa Inc. (NYSE:V) is widely held by hedge funds and is one of the best stocks to buy for the next 3 months. Visa Inc. (NYSE:V) is working on enhancing its payment capabilities and infrastructure, exploring stablecoin settlements along with Mastercard. The company is also focused on AI-driven solutions and adding simpler payment processing capabilities […]

Meta Platforms (META) Partners with Best Buy to Launch Meta Lab Across 50 Stores
Insider Monkey74d agobullish
Meta Platforms (META) Partners with Best Buy to Launch Meta Lab Across 50 Stores

Meta Platforms, Inc. (NASDAQ:META) is a widely held stock by hedge funds and is one of the best stocks to buy now for the next 3 months. Meta Platforms, Inc. (NASDAQ:META) is transitioning towards subscription models to support its AI investments. The company is introducing a range of subscriptions for its social media Apps, with […]