According to a CNBC report, Wells Fargo reaffirmed its ‘overweight’ rating on Oracle, setting a $280 price target that implies a 46% upside from Friday’s close.
Apple’s stock has rebounded but still lags peers, with hopes for a 2026 inflection hinging on iPhone demand, China strength, and deeper AI integration. Bullets:
China’s Tencent Holdings has gained access to Nvidia’s Blackwell chips via a Tokyo-based cloud service provider operated, according to a report from Barron’s.
FDA placed a clinical hold on the proposed proof-of-concept clinical trial for Simufilam in tuberous sclerosis complex -related epilepsy earlier this week.
Mangoceuticals had also recently filed a trademark application for “MULTI-DAT” with the United States Patent and Trademark Office in a bid to expand into the digital asset space
Nvidia lagged megacap peers amid valuation concerns, China headwinds, and AI bubble fears, though pullback improved multiples and Wall Street remains bullish on long-term growth catalysts.
AI-driven memory demand pushed Micron’s revenue and margins sharply higher, giving it clearer growth visibility and stronger profitability than Oracle and Broadcom after earnings.
Legacy automakers GM and Ford have regained investor favor as EV demand cools, fundamentals strengthen, and Tesla’s momentum moderates amid valuation and affordability concerns.
Two major firms, Wedbush and Stifel, sharply raised their price targets, signaling stronger pricing trends and improving demand in the memory chip market.
