April 20, 2026 9:39 am
Key Moments Morgan Stanley projected that agentic AI could contribute $32.5–60 billion to the data-center CPU market by 2030. The firm highlighted a shift in AI computing bottlenecks toward CPUs and memory as systems move from content generation to autonomous actions. Morgan Stanley identified a broad set of potential beneficiaries across CPUs, memory, and semiconductor […]
Read moreApril 20, 2026 9:08 am
Key Moments Jefferies kept its Hold rating on Tesla and increased its price target to $350 from $300. Jefferies expects Tesla to post Q1 revenue of $21.2 billion, up 10% year-over-year but down from the prior quarter, with an operating margin below 3% and cash burn of about $1.9 billion. Analysts at Jefferies do not […]
Read moreApril 20, 2026 9:01 am
Key Moments Marvell Technology shares rose 6.3% in premarket trading by 04:38 ET (08:38 GMT) following a report of new AI chip talks with Alphabet’s Google. The reported collaboration focuses on developing a memory processing unit to pair with Google’s existing tensor processing units and a new TPU tailored for AI inference. The companies reportedly […]
Read moreApril 17, 2026 1:56 pm
Key Moments Barclays said recent shareholder letter disclosures reinforce a long-term bullish view on Amazon Web Services’ artificial intelligence business. AWS’s AI services reached an annualized revenue run rate of $15 billion in Q1 2026, with Amazon describing the trajectory as “ascending rapidly.” Amazon reported its U.S. grocery business generated more than $150 billion in […]
Read moreApril 17, 2026 12:58 pm
Key Moments Bernstein recommends a modest overweight in U.S. Consumer Discretionary and Consumer Staples for 2026, with a bias toward Staples. The firm’s preferred stocks include TJX, TPR, NKE, MAR, H, RCL, WMT, COST and PFGC amid recent underperformance of both consumer sectors versus the broader market. Several highlighted companies have recently beaten earnings expectations […]
Read moreApril 17, 2026 12:39 pm
Key Moments Affirm shares rose 3.5% in premarket trading after Morgan Stanley designated the stock as its Top Pick. Morgan Stanley sees potential for Affirm to sustain 30%+ GMV growth and attractive AOI margins over the near to medium term. The bank set a $76 price target, implying about 27% upside and a roughly 24x […]
Read moreApril 17, 2026 12:18 pm
Key Moments Netflix (NASDAQ:NFLX) shares dropped nearly 10% in premarket trading after co-founder and chairman Reed Hastings said he will leave the company. Hastings, who helped lead a failed bid for Warner Bros Discovery earlier this year, will not stand for re-election at Netflix’s annual meeting in June. Netflix exceeded first-quarter revenue and profit estimates […]
Read moreApril 17, 2026 8:57 am
Key Moments Apple’s iPhone shipments in China rose 20% in the first quarter, the fastest growth among major smartphone brands. Overall smartphone shipments in China declined 4% in the January-to-March period amid higher memory chip costs and supply chain issues. Huawei, Apple, and Vivo were the only leading vendors to record growth, while Xiaomi’s shipments […]
Read moreApril 16, 2026 2:03 pm
Key Moments Walmart (NYSE:WMT) highlighted plans to remodel 72 Texas stores in 2026 as part of a wider modernization program. The retailer is remodeling more than 650 Supercenters and Neighborhood Markets nationwide this year and has invested over $2.5 billion in Texas upgrades over the past five years. A new milk processing facility in Robinson, […]
Read moreApril 16, 2026 1:54 pm
Key Moments Alphabet’s Google is in negotiations with the U.S. Department of Defense on a deal to deploy its Gemini AI models in classified environments, according to the Information. The discussions reportedly include terms permitting all lawful uses while restricting applications such as domestic mass surveillance and autonomous weapons without appropriate human oversight. A potential […]
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