-
JPMorgan's Q2 Outperformance Bolsters Confidence In Its 2025 Outlook
Wednesday, July 16, 2025 - 4:07pm | 520Shares of JPMorgan Chase & Co (NYSE:JPM) came under pressure on Wednesday, even after the company on Tuesday reported upbeat second-quarter earnings. The announcement came amid an exciting earnings season. Here are some key analyst takeaways. Keefe, Bruyette & Woods On JPMorgan Analyst...
-
China Stocks Get Boost As UBS, HSBC Cite Stimulus Hopes, Tariff Truce, Low Valuations
Monday, June 2, 2025 - 1:11pm | 581UBS Group expressed optimism about Chinese stocks, citing the recent tariff pause with the U.S., potential stimulus measures from Beijing and attractive low valuations as key drivers. UBS’ stance coincided with a market sell-off in U.S. equities amid trade tensions, SCMP reported on Monday....
-
Rivian Stock Above $15, But UBS Sees Fair Value At $13 Amid Affordability Concerns
Tuesday, May 27, 2025 - 9:09am | 456Investment bank UBS Group AG has maintained a Neutral rating for Rivian Automotive Inc. (NASDAQ:RIVN) stock and has upgraded its price target to $13 from $12. The stock closed last session at $15.63 apiece What Happened: Analysts from the Swiss investment bank see a positive long-term outlook for...
-
UBS To Pay Over $510 Million After Credit Suisse Admits To Concealing Assets In 475 Offshore Accounts And Breaching 2014 Plea Deal
Tuesday, May 6, 2025 - 5:46am | 377Credit Suisse Services AG, a Swiss corporation affiliated with the now-merged Credit Suisse AG, pleaded guilty on May 5 to conspiring with U.S. taxpayers to hide over $4 billion in offshore accounts. The plea marks a major development in a long-running investigation into cross-border tax evasion...
-
Peter Schiff Expects Mining Firm Newmont Corp To Top $100 Amid Gold Price Rally: 'Wall Street Is Worthless'
Monday, April 14, 2025 - 7:03am | 981Economist Peter Schiff criticized UBS’s recent upgrade of Newmont Corp. (NYSE:NEM), citing room for a higher price target and better outlook. Technical analysis of Newmont’s stock indicates a bullish uptrend in the near term. What Happened: Schiff, the chief economist and global...
-
Intel's SuperFluid Cooling Tech 'Possibly Suitable For Nvidia's GB300' Chips, Says Expert Amid INTC's Efforts To Secure Commitments For Foundry Services
Friday, March 28, 2025 - 6:44am | 1003Intel Corp. (NASDAQ:INTC) SuperFluid cooling tech could be useful for Nvidia Corp.’s (NASDAQ:NVDA) Blackwell Ultra GB300 chips, which were launched during its GTC conference. What Happened: Team Blue’s SuperFluid, launched in 2023, is positioned to capture a significant share of the...
-
Ahead Of GameStop's Bitcoin Purchase Plans, BlackRock, Morgan Stanley, Goldman Sachs, And Other Billion Dollar Funds Load Up On GME Stock In Q4
Tuesday, February 18, 2025 - 3:40am | 1005Big billion-dollar funds increased their stakes in GameStop Corp. (NYSE:GME) during the fourth quarter of 2024, following a third quarter in which it held $4.616 billion in cash and cash equivalents. This comes as recent reports suggest the video game retailer is planning to buy Bitcoin (CRYPTO:...
-
UBS Cuts iPhone Sales Forecast For December Amid Stiff Competition From Rivals, Maintains Neutral Rating
Thursday, January 2, 2025 - 7:22am | 686After Apple Inc.’s (NASDAQ:AAPL) market share fell in China in the third quarter of 2024, UBS has forecast weaker iPhone sales in the month of December. What Happened: UBS analyst David Vogt, has lowered iPhone sales forecast for December, citing declining demand and falling market share in...
-
Palantir Nearly 3X More Expensive Than Industry Average: PLTR Stock Zooms Over 395% Amid Overbought Conditions
Friday, December 27, 2024 - 9:26am | 950Palantir Technologies Inc (NASDAQ:PLTR) has delivered a remarkable 395% return this year, outperforming the entire S&P 500. Despite this strong performance, concerns are growing about the stock’s lofty valuation, with a few analysts expressing caution due to potential overbought...
-
As Trump Backs 'Drill Baby, Drill,' His DOGE Co-Lead Elon Musk Believes 'All Energy Generation Will Be Solar' — Here's What UBS Recommends After Election Dip
Friday, November 22, 2024 - 1:20am | 800Renewable energy stocks present a buying opportunity despite recent electoral headwinds, according to UBS analysts, while Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk continues to advocate solar power’s future dominance. What Happened: UBS analysts on Thursday elevated U.S. and EU renewables to...
-
Tesla Downgraded To 'Sell' By UBS Over Concerns That Stock Has Rallied 'Too Much, Too Soon' On AI Enthusiasm
Friday, July 12, 2024 - 6:08am | 611Tesla Inc. (NASDAQ:TSLA) has been downgraded by UBS Group AG due to concerns over the company’s artificial intelligence plans. The stock was downgraded to “sell” from “neutral.” What Happened: UBS analysts, including Joseph Spak, expressed apprehension that Tesla...
-
Nvidia Could Earn $5 Per Share in 2025, Analyst Says: Supply Checks 'Materially Larger Than Just Two Months Ago'
Monday, July 8, 2024 - 1:54pm | 460Shares of leading semiconductor stock NVIDIA Corp (NASDAQ:NVDA) are trading higher after receiving an updated price target from a leading analyst Monday. The Nvidia Analyst: UBS analyst Timothy Arcuri has a Buy rating on Nvidia and raised the price target from $120 to $150. The Analyst Takeaways:...
-
Nike Analysts Sour On Retailer's Short-Term Prospects Following Poor Outlook: 'No Quick Rebound'
Friday, June 28, 2024 - 1:30pm | 989Nike Inc (NYSE:NKE) shares plummeted following bleak revenue numbers and lowered guidance in its fourth-quarter report. Some analysts have soured on the Beaverton, Oregon-based company. Here’s what the Street is saying Friday after the print. The Nike Analysts: The following analysts...
-
UBS And Credit Suisse Swiss Unit Merger Set For July 1, Says Senior UBS Executive
Tuesday, June 11, 2024 - 3:35am | 543The Swiss units of UBS Group AG (NYSE:UBS) and Credit Suisse Group are on track to merge by Jul. 1, according to a senior UBS executive. What Happened: The executive, Sabine Keller-Busse, President of UBS Switzerland, stated that the merger plan is progressing smoothly, Reuters reported on Tuesday...
-
Nvidia's Top Customer May Be Microsoft, Accounting For A Fifth Of Its Revenue: Report
Friday, May 31, 2024 - 2:18am | 656In a recent report, it was suggested that NVIDIA Corp (NASDAQ:NVDA) has one customer that contributes to a significant portion of its revenue, with Microsoft Corp (NASDAQ:MSFT) being the likely candidate. What Happened: A UBS note speculated that Microsoft might be Nvidia’s largest indirect...