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Qualcomm Shares Gain Amid Analyst Caution Over Memory Supply Constraints
Qualcomm stock rose 0.5% to $139.61, stabilizing after recent volatility. Morgan Stanley resumed coverage with an underweight rating and a $132 target, citing memory shortages and weak handset demand.
Snowflake Gains on AI Product Momentum Ahead of Quarterly Report
Snowflake shares advanced over 4% as new AI tools and an OpenAI partnership drew investor focus. The stock's movement comes ahead of the company's earnings release scheduled for February 25.
Silver Retreats 3% Ahead of Key U.S. Economic Data, Supply Deficit Looms
Spot silver fell over 3% Tuesday as traders brace for upcoming U.S. jobs and inflation reports. The Silver Institute forecasts a sixth consecutive annual supply deficit for 2026.
Boston Scientific Stock Rebounds on Positive Farapulse Data, CHAMPION-AF Trial Looms
Boston Scientific shares recovered slightly after a recent sell-off, supported by new long-term data for its Farapulse ablation system. Investor focus now shifts to the upcoming CHAMPION-AF trial results expected in late March.
Intuit Shares Dip as Analysts Trim Targets Amid AI Uncertainty, Mailchimp Expansion Eyed
Intuit stock fell 0.7% to $434.58 after BMO and TD Cowen lowered price targets, citing tax-season trends and AI risks. Investors are monitoring Mailchimp's new ecommerce tools and the upcoming quarterly report.
Linde Shares Gain Amid Diverging Analyst Views on Pricing Power
Linde shares rose 1.6% as BMO raised its price target to $507, while DZ Bank downgraded the stock to Hold, highlighting questions over industrial demand.
Teradyne Shares Retreat from 52-Week Peak Following Analyst Downgrade
Teradyne stock declined nearly 1% on Tuesday after President Capital downgraded the semiconductor test equipment maker to neutral, raising its price target to $308. Trading volume surged above average as investors awaited key U.S. economic data.
PepsiCo Shares Dip Amid Consumer Spending Concerns and Rival's Revenue Miss
PepsiCo stock declined slightly as weak retail sales data and Coca-Cola's disappointing revenue forecast fueled worries about consumer demand. The company plans snack price cuts and will detail strategy at an upcoming conference.
Bank of America Shares Dip Amid Soft Retail Data, Eyes on Upcoming Economic Reports
Bank of America shares declined approximately 1% in Tuesday's midday session following disappointing U.S. retail sales figures, which pressured Treasury yields. Investors are awaiting key inflation and employment data for interest rate direction.
ZoomInfo Shares Tumble on Stagnant 2026 Revenue Forecast
ZoomInfo's stock fell sharply after projecting flat revenue for 2026, despite a strong Q4 earnings beat and a new $1 billion share repurchase program.
Adobe Stock Rises as Software Sector Sees Inflows After AI-Led Decline
Adobe shares gained 0.3% as investors returned to software stocks following last week's AI-driven selloff. Traders are eyeing upcoming U.S. jobs and inflation data for interest rate signals.