In the rapidly evolving landscape of artificial intelligence (AI), where on-device processing is becoming the new frontier, Advanced Micro Devices (NASDAQ:AMD) has emerged as a formidable player with its latest innovation: the Ryzen AI Max+ 395 processor. Announced earlier this year, this chip is not just another incremental upgrade—
Broadcom just got a huge analyst upgrade that signals shares could rise more than 40%. However, with the stock at all-time highs, downside risk is in play.
Currently, as the President of Beauty & Wellbeing at Unilever, London, Nair is responsible for a €13 billion portfolio that ranges across hair care, skin care, prestige beauty, health, and wellbeing.
Advanced Micro Devices Inc (AMD) closed higher on Thursday after HSBC analysts led by Frank Lee raised their price objective on the semiconductor firm to $200.
Shares of Advanced Micro Devices Inc. (NASDAQ:AMD) are trading higher Thursday afternoon after HSBC upgraded the stock from Hold to Buy and set a $200 price target.
Shares of computer processor maker AMD (NASDAQ:AMD)
jumped 4.2% in the morning session after HSBC upgraded the stock and analysts expressed continued optimism about demand for artificial intelligence (AI) chips. HSBC analyst Frank Lee upgraded AMD from a "Hold" to a "Buy" rating, setting a new price target of $200. This new target suggests a significant potential upside from the stock's current levels.
Shares of financial services giant Bank of America (NYSE:BAC) fell 3% in the afternoon session after analyst at HSBC downgraded the stock to "hold" from "buy.". The downgrade was primarily driven by valuation concerns, according to the HSBC analyst. This move comes amid broader market unease, as investors grapple with the potential economic impact of new tariffs on U.S. trade partners announced by President Trump. These tariffs, set to take effect on August 1, are creating uncertainty and weighing on the outlook for the banking sector.
Shares of global financial services giant JPMorgan Chase (NYSE:JPM) fell 3.5% in the afternoon session after a downgrade by analysts at HSBC to "Reduce" from "Hold.". The investment firm cited valuation concerns as the primary driver for the downgrade, even as it raised its price target on the stock to $259 from $237.
Former U.K. Prime Minister Rishi Sunak’s appointment at Goldman Sachs at Senior Adviser marks his return to Wall Street more than two decades after leaving.
Godrej Consumer Products surged 6% after a robust Q1 operational update. Brokerages retain ‘Buy’ calls, as double-digit growth potential emerges in both domestic and international markets.
The HSBC India Manufacturing Purchasing Managers’ Index, compiled by S&P Global, climbed to 58.4 in June from May’s 57.6 and in line with a preliminary estimate released last week.
Marc Franklin, Deputy Head of Multi-Asset Solutions at Manulife Investment, noted that the firm currently holds a neutral position in Indian equities compared to benchmarks and is closely monitoring whether credit demand picks up in response to recent rate cuts.
