Micron (MU), SanDisk, and SK Hynix rallied sharply as AI demand and tight memory supply drove sector gains. Analysts raise targets amid multi-year shortage.
Foxconn posted record August revenue of $29B, up 52% YoY, as AI server demand accelerates. Stock rose 3% with Q3 outlook beating expectations.
Vodafone (VOD) stock gains 2% after Goldman Sachs upgrades from Sell to Buy, raising price target to 155 pence from 85 pence amid sector optimism.
Anthropic delays its IPO to mid-October, with prospectus now due late September. The AI firm could debut at $2 trillion valuation after securing $15B credit.
Howmet Aerospace (HWM) stock falls on SpaceX turbine blade news, but Bernstein rates it Outperform with $328 target after strong Q2 earnings beat.
Crude Oil Climbs to 3-Month Peak Amid Renewed U.S.-Iran Tensions and Record Diesel Costs
Crude oil reaches 3-month highs as U.S.-Iran military clashes resume. Diesel breaks 2022 record at $5.85/gallon. OPEC+ policy decision looms this weekend.
IREN stock surged 7% on $2.4B GPU financing and 687% AI-cloud revenue growth. Analysts rate it Moderate Buy with $75.67 target, implying 69% upside.
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View MoreStifel raises Microsoft (MSFT) price target to $530 but maintains Hold rating. Azure growth hits 43% while competitive pressures from Google persist.
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View MoreMicron (MU), SanDisk, and SK Hynix rallied sharply as AI demand and tight memory supply drove sector gains. Analysts raise targets amid multi-year shortage.
Foxconn posted record August revenue of $29B, up 52% YoY, as AI server demand accelerates. Stock rose 3% with Q3 outlook beating expectations.
Vodafone (VOD) stock gains 2% after Goldman Sachs upgrades from Sell to Buy, raising price target to 155 pence from 85 pence amid sector optimism.
Anthropic delays its IPO to mid-October, with prospectus now due late September. The AI firm could debut at $2 trillion valuation after securing $15B credit.
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Crypto arbitrage still gets framed in the simplest possible way. Buy Bitcoin on one exchange where it trades slightly lower, move it somewhere else, then sell…
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