Jefferies Financial Group Inc
Netflix and more: Jefferies names stocks set to benefit from a $60 billion anime boom
The popularity of anime — or animation produced in Japan — has boomed in recent years, and several global entertainment companies are leading in, according to Jefferies. “Many companies are now positioning anime-related businesses as core to their growth strategies,” the investment bank’s analysts said in an Oct. 9 equity research note. The key driver, […]
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Stocks making the biggest moves midday: Micron Technology, Super Micro Computer, Southwest Airlines and more
Check out the companies making headlines in midday trading. Micron Technology , chip stocks — Shares surged nearly 13% after the memory chipmaker issued strong guidance as the rise of AI heightens demand for its products. Other chip stocks rose alongside, with Applied Materials , ASML Holding and Lam Research last up about 4% each. […]
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Stocks making the biggest moves premarket: Micron Technology, Starbucks, CarMax and more
Check out the companies making headlines before the bell. Starbucks — The coffee chain rose more than 2% after Bernstein upgraded the stock to outperform from market perform. The firm is bullish on new CEO Brian Niccol who began on Sept. 9. New York Community Bancorp — Shares of the regional lender gained more than […]
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These 4 Asian stocks are set to pop on an AI server cooling boom, Nomura says
One type of technology is becoming essential to support Nvidia and other tech giants’ artificial intelligence server requirements, according to Japanese bank Nomura. That’s liquid cooling, a cooling technology used in data centers which helps to improve power and cost efficiency. The type of cooling used to date has been air cooling, but companies are […]
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Why Eli Lilly and Palo Alto Networks are both up on news from their competitors
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: The Dow and S & P 500 were lower Friday after surging to record highs Thursday in response to the Fed cutting interest rates by […]
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This under-the-radar stock in Nvidia’s supply chain is a ‘hidden gem,’ Jefferies says
One global stock stands out as a “unique play” in the Nvidia and artificial intelligence supply chain, according to Jefferies. It’s German semiconductor firm SUSS MicroTec , Jefferies said in a Sept. 17 report, calling it a “hidden gem” among European semiconductor firms. The stock also trades over the counter in the U.S. The investment […]
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Cooling needs and more: Jefferies names global stocks to buy driven by AI data center demand
Tech companies have been capitalizing on the artificial intelligence boom, driving the development of products and services in that area. That also means that AI data centers are growing fast — as is the demand for them. Data centers house vast amounts of computing power needed for AI workloads. That in turn is set to […]
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Small caps are outperforming large caps. How to use charts to find buy candidates in the group
There has been a lot of discussion about the recent outperformance of the Russell 2000 Index , the small-cap benchmark, to the broader market Let’s take a look back at what the Russell 2000 has actually done and what specific areas of the index to look for opportunities. The outperformance of the iShares Russell 2000 […]
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Wall Street is turning less bullish on tech darling ASML for several reasons
Analysts at major Wall Street banks are getting more cautious on chip darling ASML , raising concerns about the critical chip equipment maker’s demand outlook. Earlier this week, investment bank UBS downgraded ASML to “neutral” and cut its price target on the stock to 900 euros ($1,000.78) from 1,050 euros previously. In the note, UBS said […]
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The yen is strengthening, but foreign investors are staying bullish on Japanese equities
A falling yen helped boost Japanese stocks to record levels this year, but overseas investors think there are still opportunities in those equities even as the currency begins to strengthen. For most of this year, the weak yen was a major bull case argument for foreign investors looking at the Japanese stock markets. For instance, […]
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