Deutsche Bank names Broadcom (AVGO) and Applied Materials (AMAT) top tech picks. AMAT surges 38% in 2026 while AVGO targets $100B AI chip revenue by 2027.
Browsing: Stocks
BAE Systems (BAESY) wins $180M Swedish contract for TRIDON Mk2 air defense systems, yet stock falls 1.88%. Part of Sweden’s $916M defense package.
Stocks fell sharply after Trump’s Iran speech, with the Dow down 600 points and oil surging 13% to $113/barrel amid escalating war rhetoric.
Bed Bath & Beyond (BBBY) stock rises following $150M Container Store acquisition, adding Elfa and Closet Works to expand home services business.
Rivian (RIVN) exceeded Q1 2026 delivery expectations with 10,365 vehicles. R2 launch set for spring. Stock down 1.2% premarket despite the beat.
Micron and Sandisk stocks fell over 15% after Google’s TurboQuant reveal. Mizuho analyst says the selloff creates a buying opportunity amid strong NAND demand.
ServiceNow (NOW) stock plunges 43% in six months as Stifel cuts price target to $135 on weak federal spending and Q1 headwinds. Q1 earnings due April 22.
European diesel futures reached $200/barrel, the highest since 2022, as the Strait of Hormuz closure and refinery attacks tighten global fuel markets.
Diamondback Energy (FANG) gained after Mizuho’s top pick upgrade with $220 target, but reversed on profit-taking and easing geopolitical tensions.
Phillips 66 (PSX) CFO Kevin Mitchell sold $2.97M in shares near the 52-week high on March 30, 2026, while exercising options at a significant discount.