NVIDIA, AMD Shares Climb As Tariff Delay Boosts Tech Sector: What's Going On? - NVIDIA (NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD)
11 Articles
11 Articles
HSBC upgrades AMD to Hold following tariff de-escalation - Overpasses For America
AMD (AMD) to Hold from Reduce with a price target of $100, up from $75. The firm cites the recent re-rating of the shares on the back of the Saudi artificial intelligence deal and tariff de-escalation for the upgrade. AMD is in a good position to fend off competition from Intel (INTC) as it continues to gain market share, the analyst tells investors in a research note. HSBC believes AMD should benefit from a new AI GPU product launch this year a…
Asian shares, U.S. dollar climb on rosy data, tech optimism
By Rocky Swift TOKYO (Reuters) – Asian shares continued a rally from Wall Street and the dollar held gains on Wednesday on promising economic signs in the United States and speculation of strong tech earnings. Markets welcomed what appeared to be easing trade frictions between the U.S. and Europe while global bond markets settled down after a scary surge in long-term yields. U.S. consumer confidence surprised on the upside ahead of closely watch…
Hot Stocks: Fisher & Paykel, Goodman, Infratil
US markets rebounded sharply on Tuesday, with the Dow Jones Industrial Average surging 740 points (1.78%) to 42,343.65, as easing trade tensions and a strong showing from tech stocks powered a broad-based rally. President Trump’s decision to delay a proposed 50% tariff on European Union goods until July 9 helped reverse recent losses, alleviating investor fears that had intensified after last week’s tariff announcement. The S&P 500 rose 2.05% an…
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