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Here Are Wednesday’s Top Wall Street Analyst Research Calls: Advanced Micro Devices, American Eagle Outfitters, GlobalFoundries, IAC, Merck, Palantir Technologies, Reddit, and More
24/7 Wall St.118d agoneutral
Here Are Wednesday’s Top Wall Street Analyst Research Calls: Advanced Micro Devices, American Eagle Outfitters, GlobalFoundries, IAC, Merck, Palantir Technologies, Reddit, and More

Pre-Market Stock Futures: Futures are trading higher on Wednesday as news of an impending end to the Iran war is sending oil prices dramatically lower. This news comes after a bounce-back Tuesday that benefited from lower oil prices, some strong earnings, and solid buying from retail investors. At the same time, hedge funds continue to ... Here Are Wednesday’s Top Wall Street Analyst Research Calls: Advanced Micro Devices, American Eagle Outfitters, GlobalFoundries, IAC, Merck, Palantir Technolo

Nvidia’s 24.5x P/E Multiple Looks Like a Market Mistake — and the Value Argument Is Only Getting Louder the Longer Shares Drift Sideways
24/7 Wall St.118d agoneutral
Nvidia’s 24.5x P/E Multiple Looks Like a Market Mistake — and the Value Argument Is Only Getting Louder the Longer Shares Drift Sideways

Even if the latest surge proves unsustainable and shares of Nvidia (NASDAQ:NVDA) are destined to fly under $200 per share for another quarter or even another year, it’s becoming harder to argue against the value case, even if you think the margins will compress by a bit and the growth takes a few backward steps. ... Nvidia’s 24.5x P/E Multiple Looks Like a Market Mistake — and the Value Argument Is Only Getting Louder the Longer Shares Drift Sideways

AMD forecast sparks AI‑driven rally in US chipmaker stocks
Reuters118d agobullish
AMD forecast sparks AI‑driven rally in US chipmaker stocks

U.S. semiconductor stocks rose on Wednesday as Advanced Micro Devices' strong outlook boosted investor confidence about sustained demand for AI infrastructure and that a ‌shift toward CPUs would spur the next leg of spending. AMD jumped nearly 18% in premarket ‌trading and is on track to hit a record high if gains hold in market hours, while rival Intel rose 6%. Chip designer Arm Holdings soared 11%, while Qualcomm gained about 4%.

Lumentum Q3 Earnings Call Highlights
MarketBeat118d agoneutral
Lumentum Q3 Earnings Call Highlights

Lumentum (NASDAQ:LITE) reported what President and CEO Michael Hurlston described as an “exceptional” fiscal third quarter of 2026, with revenue rising 90% year-over-year to a record $808 million, driven primarily by transceivers and laser chips. The company also posted significant profitability gai

Cathie Wood sells $11.8 million in Nvidia-backed stock before earnings
TheStreet118d agobearish
Cathie Wood sells $11.8 million in Nvidia-backed stock before earnings

Cathie Wood just made a massive move ahead of a key tech earnings report. The ARK Invest founder trimmed $12 million in CoreWeave (CRWV) stock just days before the company reports earnings in a couple of days' time. On May 4, ARK sold 99,692 shares of CoreWeave across multiple ETFs, locking ...