Western Digital and Seagate Get Major Price Target Hikes
Loop Capital and Wedbush significantly increase price targets on WDC and STX, citing strong HDD demand, supply constraints, and accelerating earnings growth.
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Snowflake Stock Jumps 6% on New Palantir AI Partnership
Partnership links their data platforms so businesses can create AI applications faster and easier.
Citi Boosts Micron Price Target to $240 on Strong DRAM Outlook
Citi boosts Micron stock target to $240, citing sustainable DRAM pricing and AI demand. Analyst predicts 60% margins and $23+ EPS, nearly double previous peak.
TSMC Doubles Down on AI: Chipmaker Raises 2025 Revenue Forecast Amid Global Semiconductor Boom
TSMC boosts 2025 revenue growth forecast to mid-30% for second time this year, citing stronger-than-expected AI chip demand despite geopolitical challenges.
Salesforce Targets $60 Billion Revenue by 2030, Driven by Accelerated Growth and a $440 Million Bet on Agentic AI
Salesforce forecasts $60B revenue by 2030. AI tools are key to growth. They will buy back $7B in stock.
HPE Misses 2026 Guidance Amid AI Infrastructure Shift
Hewlett Packard Enterprise announces weaker-than-expected guidance for 2026 as it shifts focus to AI infrastructure, despite increasing dividends and buyback programs.