#JPMorgan adjusted its stance on #CiscoSystems (NASDAQ:#CSCO), resuming the stock with a Neutral rating from Overweight and setting a new price #target of $53, a decrease from the previous target of $62. The firm has reinstated coverage of Cisco with this new rating after a period during which it did not have a rating […]

Despite a recent pullback in Apple’s (NASDAQ:AAPL) stock price, Bank of America (BofA) is bullish on the tech giant, naming it a top pick for 2024. This comes even as the broader market grapples with a correction. In the note, BofA delves into why it expects a strong lJune guide from the iPhone maker and

Main #usaindexes edged higher Monday, starting the new week, dominated by Big Tech earnings, with a positive tone. Here are some of the biggest U.S. stock movers today: #Tesla (TSLA) stock fell 4.6% after the EV manufacturer announced fresh price cuts in several key markets, including China and Germany, days after similar reductions in the

The #recentmarket #downturn hasn’t spared chipmakers, with the S&P 500 experiencing a correction and many #chip #makers, such as #Nvidia (NASDAQ:NVDA) #Stock taking a hit. However, amidst the broad sell-off, Morgan Stanley sees an opportunity. #Nvidiastock slumps #Nvidia’s #stock price closed last week at $762 per share after a 10% decline in Friday’s session, taking

#usastocksrose Monday, recovering after clocking two straight weeks of steep losses on a #technology rout and waning expectations of interest rate cuts.  At 06:25 ET (10:25 GMT), #Dow Jones Industrial Average rose 115 points, or 0.3%, S&P 500 rose 22 points, or 0.5%, while NASDAQ Compositerose 105 points, or 0.7%. Big tech earnings eyed    

#Tesla fell more than 3% in premarket trade on Monday, as its latest global price cuts fanned Wall Street concerns about dwindling margins at the electric-vehicle maker in the run-up to its earnings report later this week. The company slashed prices by up to $2,000 on its vehicles such as the Model 3 and Model