Check out the companies making the biggest moves premarket: Lululemon Athletica — Shares sank 13% after the athleisure company lowered its full-year earnings and revenue guidance , citing headwinds. The company’s current-quarter earnings and revenue guidance also came below what analysts were expecting, per LSEG. Docusign — The software stock slipped 4% after Docusign’s outlook …
Here are Wednesday’s biggest calls on Wall Street: KeyBanc initiates DigitalOcean as overweight KeyBanc said the company’s playbook has “room to expand.” “We are initiating coverage of DigitalOcean with an Overweight rating and a $200 price target.” Goldman Sachs initiates Omnicom as buy Goldman said the advertising company is well positioned for growth. “Omnicom: It …
When Leopold Aschenbrenner published a sprawling manifesto last year warning about the breakneck race toward artificial superintelligence, he quickly became one of Silicon Valley’s most closely watched voices on AI. Now the former OpenAI researcher is drawing attention on Wall Street too. Shares of Nebius Group surged Thursday after Aschenbrenner’s hedge fund, Situational Awareness, disclosed …
Here are Wednesday’s biggest calls on Wall Street: JPMorgan upgrades Openlane to overweight from neutral JPMorgan said online used car marketplace is “firing on all cylinders.” “We move to OW from N and raise our Dec 2026 PT to $38. OPLN continues to demonstrate remarkable execution in a mixed macro, and our recent meetings with …
Check out the companies making the biggest moves premarket: Zscaler — Shares tumbled more than 23% after the cloud security company guided for current-quarter revenue of between $875 million to $878 million, falling short of the $879 million analysts were seeking, per LSEG. However, the company’s fiscal third-quarter adjusted earnings of $1.08 per share beat …
The Roundhill Memory ETF (DRAM) just hit $9.8 billion in assets under management in 43 days— the fastest pace ever for an exchange-traded fund, according to TMX VettaFi. Ahead of Thursday’s milestone, the CEO of Roundhill Investments told CNBC’s “ETF Edge” the rapid growth is tied to the limited number of companies involved in producing …
A sharp rally in semiconductor and artificial intelligence infrastructure stocks has pushed several names to historically stretched levels relative to their long-term trends. At the same time, many defensive and slower-growth areas of the market remain deeply out of favor. CNBC Pro screened the S & P 500 for stocks trading the furthest above or …
Qualcomm is one of the biggest semiconductor companies making chipsets. Nurphoto | Nurphoto | Getty Images Chip stocks dropped on Tuesday, pulling back from a massive rally that broadened the artificial intelligence trade beyond Nvidia and propelled the sector to new highs. Qualcomm plummeted more than 11% and headed for its worst session since 2020. …
Memory chip ETF DRAM is suddenly the “poster child” for the current boom in semiconductor stocks among retail investors, analysts say. Retail purchases of DRAM topped $200 million a day in less than four weeks, beating the dollar-volume pace of similar retail-favorite ETFs like the Tesla-leveraged TSLL and the Bitcoin-based BITO , according to Vanda …
Lisa Su, CEO of AMD speaks with CNBC on May 6, 2026. CNBC Since the launch of ChatGPT in late 2022 and the start of the generative AI craze, one name has dominated the infrastructure boom: Nvidia. While the chipmaker — and the world’s most valuable company — continues to prosper and is expected to …