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The Latest Breaking News from Harsh Kumar

Intel’s Post-Earnings Selloff Just Created a Buying Opportunity in AMD Stock

Intel’s post-earnings selloff highlights supply challenges that could shift market share in the server CPU market toward AMD, creating a buying opportunity in the stock.

Barchart

Micron Q4 Earnings Preview: Market Expert Says 'Much To Be Optimistic About'

Semiconductor giant Micron Technology (NASDAQ:MU) could report record quarterly revenue for a second straight quarter when the company reports fourth-quarter results Tuesday after market close.

Benzinga

QUALCOMM Stock Is Trading Lower Thursday: What's Going On?

Qualcomm Incorporated (NASDAQ:QCOM) shares are trading lower Thursday after the company reported third quarter financial results.

Benzinga

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Micron Impresses Wall Street With Strong Q3 Earnings, 'Continued Strength In AI Data Center'

Micron Technology Inc (NASDAQ:MU) shares fell Thursday in early trading, despite the company on Wednesday reporting upbeat fiscal third-quarter earnings.

Benzinga

Nvidia’s chips are among the world's hottest commodities. So why is the company likely trashing $4.5 billion worth of them?

Nvidia's options for the chips, originally destined for China, but since banned from export there, are limited.

Fortune

Why Analysts Say the Worst-Case for Nvidia Stock in 2025 Is $77

This article examines why some analysts believe Nvidia stock could fall as low as $77 in 2025.

Barchart

Judicial Commission begins probe into Maha Kumbh stampede

The three-member judicial commission, constituted to investigate the tragic stampede that occurred on the occasion of Mauni Amavasya during the Prayagraj Mahakumbh, has officially begun its work, according to a statement. Read further on Dynamite News:

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Marvell Technology Posts Solid Q3 Beat: Analysts Raise Forecasts, Expect 40%-50% Earnings Growth

Marvell Technology reported upbeat earnings amid exciting earnings season. Analysts raised their price targets, expecting strong growth.

Benzinga

Stock Market Today: S&P 500 Tops 6K as Election Rally Endures

The S&P 500 closed just below the 6,000 mark on Monday.

Kiplinger

Is Nvidia Stock a Buy or Sell Ahead of its Next Earnings Release?

After a steep pullback in the AI chip giant's stock, article evaluates whether Nvidia stock is a buy or sell ahead of its upcoming earnings release.

Barchart

1 Mega-Cap AI Chip Stock That's Still a Good Value Right Now

Despite the huge buzz surrounding AI chip stocks, chip maker Advanced Micro Devices remains attractively valued compared to its industry peers.

Barchart

World's Most Valuable Company: Apple and Microsoft Battle for Top Spot

Apple and Microsoft are running a tight race as they close in on $3 trillion in market capitalization.

Kiplinger

Time to Buy the Dip in Apple Stock?

Apple is on sale after losing $135 billion in market value in 2024, analysts say.

Kiplinger

Man from U.P. held for buying cryptocurrency for Chinese fraudsters

The Hindu

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Barchart

Apple Stock: Buy or Sell Ahead of This Week's Earnings Report?

Apple is scheduled to release fiscal third-quarter earnings this Thursday - but now that the company's market cap has sailed north of $3 trillion, is the tech stock still a strong buy for investors?

Benzinga

Micron Shares Drop Following This Analyst Downgrade - Read Why

Piper Sandler analyst Harsh Kumar downgraded Micron Technology, Inc (NASDAQ:MU) from Neutral to Underweight and lowered the price target from $90 to $70. Kumar expressed concerns about Micron's over 50% exposure to consumer-like markets such as PCs, mobile, and others when the global economy will likely face headwinds. Kumar expects the company's chip business catering…

Benzinga

Apple Will Have Minimal Impact From China's Lockdown According To This Analyst

Piper Sandler analyst Harsh Kumar saw a minimal impact on Apple Inc (NASDAQ: AAPL) from supply issues caused by Covid-19 lockdowns in China.

Benzinga

Here's How Analysts View Analog Devices Post Investor Day

Analog Devices Inc (NASDAQ:ADI) highlighted its strategic vision and new financial model at its investor day meet. Piper Sandler analyst Harsh Kumar reiterated an Overweight with a $210 price target (30% upside). Kumar expects the company to benefit from several secular growth drivers within the semiconductor industry. Related: Analog Devices Tops Q1 Backed By Momentum Across…

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Benzinga

China's Lockdown Of Tech Hubs To Hamper Amazon, Walmart's Online Delivery: Report

China's recent lockdown looks to hamper the online order delivery of global e-commerce firms like Amazon.com Inc (NASDAQ:AMZN) and Walmart Inc (NYSE:WMT), Bloomberg reports. China had to initiate lockdowns and restrictions in its crucial manufacturing hubs like Shenzhen and Dongguan following a Covid-19 resurgence. Related Content: China Restricts Activities In Shenzhen, Shanghai Following Covid-19 Resurgence The…

Benzinga

Piper Sandler Remains Optimistic About Broadcom, Thanks To Apple

Piper Sandler analyst Harsh Kumar believes Broadcom Inc (NASDAQ: AVGO) is in a "great position to beat and raise" when it reports earnings later this week.

Benzinga

Here's Why Piper Sandler Is Optimistic On Nvidia

Piper Sandler analyst Harsh Kumar reiterated an Overweight rating and $350 price target on NVIDIA Corp (NASDAQ:NVDA). Nvidia could be a big winner this earnings season, with profits driven by solid performance in the chip maker's gaming and data center businesses, Kumar said. "We are looking for a significant beat and raise when the company…

Benzinga

Here's Why Piper Sandler Considers DRAM Pricing "Slightly Negative" For Micron And Others

Piper Sandler analysts Weston Twigg and Harsh Kumar jointly noted that inSpectrum released its January monthly memory contract pricing data, which indicated DRAM 8Gb DDR4 fell 8% month-over-month and that NAND 256Gb TLC dropped 1% on a month-over-month basis. The analysts, who monitor the three-month rolling average year-over-year change to better gauge trends,…

Benzinga

Piper Sandler Sees Sharp Upside In This Chipmaker

Piper Sandler analyst Harsh Kumar reiterated an Overweight rating on Broadcom Inc (NASDAQ:AVGO) with a $750 price target after hosting management for an investor meeting. The price target implies an upside of 40.4%. The analyst is "feeling increasingly confident" about trends in 2022, given the recent acceleration in hyper-scale and cloud orders, the visibility provided…

Benzinga

Here's Why Piper Sandler Downgraded AMD, Slashed Price Target By 7%

Piper Sandler analyst Harsh Kumar downgraded Advanced Micro Devices Inc (NASDAQ:AMD) to Neutral from Overweight with a price target of $130, down from $140. The analyst is cautious on the broader automotive sector, saying the pace of orders and strong pricing "may come into question" as supply normalizes in the second half of 2022. The…

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