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Broadcom To Challenge Nvidia Dominance? Analyst Says Jensen Huang-Led Chip Giant's Competitor Is 'Catching Up'
Tuesday, July 23, 2024 - 7:15am | 569In a recent development, Broadcom Inc. (NASDAQ:AVGO) is making significant strides in the AI stock market, posing a challenge to Nvidia Corporation (NASDAQ:NVDA). What Happened: The report, based on recent interactions with investors in New York and Connecticut, indicates that Broadcom’s...
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Rough Diamond: Analysts React To Tiffany's Mixed Q3 Print
Thursday, November 29, 2018 - 11:13am | 558Tiffany & Co. (NYSE: TIF) shares fell roughly 12 percent Wednesday to their lowest level in roughly eight months. This dip follows the luxury retailer's report of in-line third-quarter EPS and a sales miss. The Analysts KeyBanc Capital Markets analyst Edward Yruma reiterated...
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Pro: Markets Should Take A Step Back
Friday, November 18, 2016 - 10:21am | 336Steven Wieting, Citi Private Bank's global chief investment strategist, was a guest on CNBC's "Markets Now" to offer his take on the post-election stock market surge. According to Wieting, stock markets are very quick and efficient in pricing in "announcement effects" — that is, new QE...
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Albemarle Accelerates Toward De-Levering, Growth Story On Track
Tuesday, June 28, 2016 - 9:44am | 247Albemarle Corporation (NYSE: ALB)'s Chemetall sale "accelerates path to de-levering." Citi Bank's P.J. Juvekar reiterates his Buy rating on Albemarle, the top pick on Citi's focus list, with a price target of $89. The company's surface treatment (Chemetall) business was bought at a fair price,...