F5 Cybersecurity Breach Linked to Chinese State Hackers
Seattle-based F5 reveals catastrophic security breach. Nation-state hackers stole BIG-IP source code after year-long access. Stock drops 11% as CISA warns agencies.
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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.
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.