Bulls Get Weekly Win on Friday’s ReboundU.S. markets posted a strong Friday while recovering losses from earlier in week to finish mostly higher overall. The strong session came after a solid start to the 1Q earnings with the Financial sector leading they way following better-than-expected numbers.The gains helped pushed the major indexes towards their all-times highs from last November with...
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Tech giant Apple and Qualcomm have settled a legal dispute over royalties and patents, and it has Wall Street analysts buzzing over the chipmaker’s prospects moving forward.Analysts at Stifel, J.P. Morgan and Evercore ISI all upgraded Qualcomm on Tuesday’s news. Mizuho Securities, meanwhile, hiked its price target on Qualcomm to $82 per share from $62, implying a 16.3% upside from Tuesday’s...
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The Nasdaq composite outperformed in afternoon trading Tuesday, helped by a rally in semiconductor stocks. In other stock market news today, Netflix (NFLX) stock was in rally mode ahead of its earnings report after the close, helped by an upgrade from Deutsche Bank.Netflix was a top gainer in the Nasdaq 100, along with Western Digital (WDC) and Advanced Micro Devices (AMD). Western Digital...
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Bulls Get Weekly Win on Friday’s ReboundU.S. markets posted a strong Friday while recovering losses from earlier in week to finish mostly higher overall. The strong session came after a solid start to the 1Q earnings with the Financial sector leading they way following better-than-expected numbers.The gains helped pushed the major indexes towards their all-times highs from last November with...
Continue reading >>