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Eight Wall Street firms hiked their price targets on Applied Materials (NASDAQ:AMAT | AMAT Price Prediction) in a single coordinated wave on May 15, following the chip equipment giant’s record Q2 FY2026 results.
In its upcoming report, Intuit (INTU) is predicted by Wall Street analysts to post quarterly earnings of $12.48 per share, reflecting an increase of 7.1% compared to the same period last year. Revenues are forecasted to be $8.52 billion, representing a year-over-year increase of 9.9%.
The consensus EPS estimate for the quarter has undergone an upward revision of 0.1% in the past 30 days,
Shares of Zebra Technologies (ZBRA) have gained 10.8% over the past four weeks to close the last trading session at $258.1, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $330.27 indicates a potential upside of 28%.
» Read more about: How Much Upside is Left in Zebra (ZBRA)? Wall Street Analysts Think 27.96% »
Nvidia (NVDA 3.32%) shares sank as much as 5% today, outpacing a marketwide pullback. As of 12:23 p.m. ET, Nvidia stock was still down 3.3%, while the Nasdaq Composite index was down 1.25%.
Today’s drop comes after the latest leg higher for the artificial intelligence (AI) leader’s stock.
» Read more about: Nvidia Stock Sank Today. Is It a Buy With Earnings Due Next Week? »
US stocks extended losses in Friday’s trading session, with the benchmark S&P 500 falling 1% to wipe out nearly $790 billion in market capitalisation, while the Nasdaq Composite declined 1.3%, erasing about $500 billion amid a sharp selloff in technology shares.
The Dow Jones Industrial Average also slipped 515 points, or 1%,
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The Vanguard S&P 500 ETF (VOO 1.03%) targets the S&P 500 Index (^GSPC 1.05%),
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By STAN CHOE, AP Business Writer
NEW YORK (AP) — The U.S. stock market is falling from its records Friday and joining a worldwide drop for stocks, as higher oil prices send a shiver through the bond market. Stocks that had been caught up in the euphoria around artificial-intelligence technology led the way lower.
Market ups and downs are normal—but how you react to them can make or break your returns.
Mutual Funds
The Buffett Indicator compares stock market capitalization to GDP.
A high number is a warning sign that stocks are overvalued.
Investors in today’s market need to be careful and work harder to find value.
» Read more about: Forget the CAPE Ratio. This Other Buffett Indicator Just Crossed a Line »
WASHINGTON — The International Monetary Fund (IMF) said on Thursday (May 14) that it welcomes the initial positive dialogue between US President Donald Trump and Chinese President Xi Jinping, adding that reducing tension and uncertainty between the world’s two largest economies was good for the world.
“It’s very important, of course,
