About Advanced Micro Devices, Inc. - Common Stock (AMD)
Advanced Micro Devices is a leading global semiconductor company that designs and manufactures computing and graphics solutions for a wide range of applications. The company is known for its innovative microprocessors, graphics cards, and system-on-chip products, which are used in personal computers, servers, and embedded systems. AMD focuses on high-performance computing, gaming, and data center markets, offering advanced technologies that compete with those of other major players in the industry. By delivering cutting-edge products that push the boundaries of processing power and efficiency, AMD plays a critical role in driving technological advancements and enhancing user experiences across various platforms. Read More
The financial markets are currently experiencing their perennial "September effect," a period historically marked by weakness for the S&P 500 index. However, beyond this seasonal dip, a more compelling narrative is unfolding: a significant segment of analysts projects the S&P 500 to reach an impressive 6,800 by
Wall Street is currently caught in a delicate balancing act, navigating a prevailing sentiment of caution driven by historical patterns and a myriad of economic uncertainties, while simultaneously entertaining contrarian optimism for a robust rebound in the coming months. As the calendar turns to September, a month historically notorious for
Artificial intelligence is no longer just a buzzword in finance — it’s the beating heart of the next generation of trading. But here’s the truth: the smartest algorithm in the world is only as powerful as the hardware it runs on. That’s where Marlinn Group is making its mark, bringing together bleeding-edge infrastructure and proprietary AI models to power its Marlinn Aggregator Pricing Bot (MAPB).
Curious about the most active S&P500 stocks in today's session? Get insights into the stocks that are leading the way in terms of trading volume and market attention.
Shares of educational publishing and media company Scholastic (NASDAQ:SCHL)
fell 1.2% in the afternoon session after B. Riley initiated coverage on the stock with a "Buy" rating and a $37 price target. The new rating from the investment firm suggests a belief that the educational publishing and media company's shares are poised for growth. An initiation of coverage by an analyst can often attract new investor attention to a stock. The "Buy" rating indicates a strong positive outlook, and the $37 price target implies a potential upside from its recent trading levels, signaling confidence in the company's future performance.
Shares of cosmetics company e.l.f. Beauty (NYSE:ELF)
jumped 2.5% in the afternoon session after it experienced a technical rebound in the absence of fresh positive news and followed a recent analyst downgrade. The move counters sentiment from the previous day when Deutsche Bank lowered its rating on the stock from "Buy" to "Hold." The bank cited that the company's valuation left less room for upside after a sharp run-up in the stock, with shares up about 25% since early August. The analyst also noted that social media commentary around the makeup company has turned "increasingly critical in recent weeks." Despite the downgrade, Deutsche Bank did raise its price target on the shares to $128 from $121, indicating a belief in the long-term growth outlook, particularly with overseas expansion. However, with no new fundamental drivers, today's price action suggests investors may be looking past the recent ratings change.
Shares of young adult apparel retailer Tilly’s (NYSE:TLYS)
jumped 8.7% in the afternoon session as investors awaited the release of its second-quarter financial results, with market momentum also lifted by strong results from Macy's.
Shares of domain registrar and web services company GoDaddy (NYSE:GDDY) fell 1.6% in the afternoon session after it continued a recent downward trend amid a period of significant underperformance.
Shares of clinical research company Fortrea Holdings (NASDAQ:FTRE)
jumped 4.5% in the afternoon session after Baird raised its price target on the stock to $14.00. This positive analyst action adds to a broader shift in sentiment for the clinical research organization. According to recent data covering six analysts, the average 12-month price target for Fortrea has risen by nearly 20% to $8.00, with a high estimate now matching Baird's at $14.00.
Shares of diagnostic company Exact Sciences Corporation (NASDAQ:EXAS)
jumped 1.5% in the afternoon session after RBC Capital Markets raised its price target on the company. The investment bank increased its forecast for the stock's price to $50 from a previous target of $46. This move suggests that the analyst sees a higher potential value for the company's shares. However, it is important for investors to note that RBC maintained its "Sector Perform" rating on Exact Sciences. This type of rating indicates that the firm expects the stock to perform in line with the broader healthcare diagnostics sector, rather than significantly outperforming it. The price target adjustment without a formal rating change often reflects updated financial modeling or a revised view on market conditions.
Shares of global airline American Airlines (NASDAQ:AAL) jumped 0.4% in the afternoon session after the company announced it had reached a major fleet milestone and rolled out a new AI system to improve efficiency.
Nvidia's dominance in AI chips is being challenged by AMD's new GPUs, with higher performance and cost efficiency. This trend reflects a growing demand for diversified supply chains in the rapidly evolving AI chip landscape.
Two of the largest tech giants on the globe have entered a partnership that could influence the future of quantum computing. IBM and AMD recently announced that they will team up to develop next-generation computer systems that combine high-performance computing with quantum computing systems .
Concrete and waste management company Concrete Pumping (NASDAQ:BBCP) will be reporting earnings this Thursday afternoon. Here’s what investors should know.
Government IT services provider Science Applications International Corporation (NASDAQ:SAIC) will be reporting results this Thursday before market open. Here’s what you need to know.
