Shares of KLA Corporation jumped after TD Cowen significantly raised its price target, forecasting a multi-year 'supercycle' in semiconductor equipment spending driven by demand for artificial intelligence.
Shares of Advanced Micro Devices and Micron Technology surged Thursday, lifting the broader semiconductor sector, following a major investment announcement from Micron and a new analyst rating for AMD.
Options traders are anticipating a potential 6.1% swing in UnitedHealth's stock price following its earnings release on July 16, though the company has a history of exceeding these volatility expectations.
Options traders are anticipating a significant move in Intuitive Surgical's stock following its earnings report on July 16, though historical data shows the company has often undershot such volatility expectations.
Israel's benchmark stock index, the TA 35, closed lower on Thursday, dragged down by losses in the banking, financial, and real estate sectors. The decline came despite a strong showing from several technology stocks.
Shares of the semiconductor equipment giant jumped after its CEO revealed chipmakers are providing demand visibility as far out as 2030, signaling a durable AI-driven investment cycle. The news was followed by price target hikes from TD Cowen and Mizuho.
The AI hardware company announced plans to build 200MW of data center capacity in Europe by 2027 and is expanding manufacturing to meet demand, sending its shares higher in premarket trading.
Shares of the clinical-stage oncology firm surged after Roth/MKM initiated coverage with a Buy rating, highlighting key regulatory submissions for its lead cancer immunotherapy expected later this year.
Shares of Intel (INTC) jumped after a report suggested China may ease its stance on U.S. chip imports, boosting the entire semiconductor sector. A high-profile analyst price target increase and confirmed processor price hikes provided further tailwinds for the stock.
