Samsung Hikes Memory Chip Prices Up to 60%; Micron Spikes
Samsung raised memory chip prices by up to 60% due to the AI data center building race, leading to severe shortages and higher costs for tech products globally.
/ 1477 items
#BUZZ↓
Loop Capital Upgrades Shake Shack to Buy with Higher $127 Target
Loop Capital upgrades Shake Shack to Buy, raising its price target to $127. The firm says growth concerns are overstated and expects steady expansion and strong returns.
Jefferies Upgrades Gap to Buy as Turnaround Gains Momentum
Jefferies upgrades Gap to Buy with a new $30 price target, citing strong brand turnaround, rising momentum at Athleta, and big potential in the beauty segment.
Applied Materials Stock Drops 6% on China Export Curb Concerns
Applied Materials forecasts reduced China spending in 2026 due to U.S. export restrictions, causing shares to fall 6%. Company expects recovery in second half of 2026.
Luminar Q3 2025: Revenue Up 20% But Cash Crisis Deepens
Luminar (LAZR) reports 20% revenue increase in Q3 2025 but faces serious cash crunch with only $74M remaining. Company exploring sale options and restructuring debt.
Verizon to Cut 15,000 Jobs Amid Fierce Competition and Cost Pressures
Verizon plans to cut 15,000 jobs and franchise 200 stores to reduce costs as new CEO Daniel Schulman aims to make the company leaner and regain customers in the competitive telecom market.