Iran, Stock Market
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Rothschild & Co. Redburn analyst Simon Toyne upgraded GE Vernova to Buy from Sell, according to FactSet.
Stock futures slid early Monday after continued fighting across the Middle East helped push oil prices past $115 a barrel for the first time in year
Micron Technology (NASDAQ: MU) traded at $400.77 Thursday morning, bouncing 5.55% off the prior close after an 8.46% one-month pullback tied to geopolitical-driven semiconductor selling. The 12-month run has been extraordinary: +340.
Monday was a strong day, to say the least, for memory and storage stocks. Shares of SanDisk (NASDAQ:SNDK), Micron Technology (NASDAQ:MU), and Western Digital (NASDAQ:WDC) all closed sharply higher, delivering a meaningful rebound after a volatile stretch for the sector.
Tigress Financial analyst Ivan Feinseth sees Nvidia (NVDA) stock reaching $360, representing 97% upside from current levels. Here's his AI bull case.
Monday was a strong day, to say the least, for memory and storage stocks. Shares of SanDisk (NASDAQ:SNDK), Micron Technology (NASDAQ:MU), and Western Digital (NASDAQ:WDC) all closed sharply higher, delivering a meaningful rebound after a volatile stretch for the sector.
Marvell got Wall Street talking.
Therefore, the most likely Tesla stock price forecast is bearish, with the next key target being $350. This target is both a psychologically important level and the 50% Fibonacci Retracement. The bearish Tesla stock outlook will become invalid if it rises above the 23.6% Fibonacci Retracement level at $430.
Battalion Oil Corporation's shares have soared due to traders piling in on recent news (Iran) combined with a small float. Read more on BATL stock here.
The U.S. stock market struggled Friday with a disappointing U.S. jobs report and a spike in oil prices amid the Iran conflict. Treasury yields saw their biggest weekly jump since April amid worries over inflation.