JPMorgan becomes optimistic on chipmaker, says shares can rally 25%

JPMorgan becomes optimistic on chipmaker, says shares can rally 25%

After “a period of restriction,” JPMorgan is bullish again on Qualcomm . Analyst Samik Chatterjee reinstated his outlook on Qualcomm with an overweight rating. His price target of $185 per share suggests 25.3% upside potential from Monday’s close. JPMorgan previously held a not-rated designation on the company. “There are near-term concerns around the pull-forward of…

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Alphabet expects ‘slight headwind’ to ads business in 2025, execs say

Alphabet expects ‘slight headwind’ to ads business in 2025, execs say

President Donald Trump‘s trade policies will have a negative impact on Google parent Alphabet‘s core advertising business, an executive from the company said Thursday. Alphabet, which reported stronger-than-expected revenue in its first quarter of the year, faces an online ads market that’s on edge due to concerns about how Trump’s tariffs will affect the economy…

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JPMorgan says Super Micro is still a sell despite company’s lofty outlook

JPMorgan says Super Micro is still a sell despite company’s lofty outlook

Super Micro Computer issued a lofty fiscal 2026 outlook, lifting the stock more than 13%. JPMorgan remains skeptical, however. The company said it expects revenue to reach $40 billion in fiscal 2026, overshadowing a much more tepid near-term forecast. Super Micro issued fiscal 2025 revenue guidance ranging between $23.5 billion and $25 billion, while analysts…

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