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Wells Fargo lowered its year-end S&P 500 target from 7,950 to 7,700, citing valuation multiple compression as the economic cycle enters its late stages. Strategists downgraded tech to equal-weight am…
Fundstrat's Tom Lee maintains a bullish stance on Nvidia (NVDA), arguing the AI chip leader remains undervalued. Despite triple-digit growth, NVDA's valuation multiple is compressing due to even fast…
Broadcom shares fell despite strong earnings and record revenue, as the company failed to raise its AI revenue guidance. Investors, having priced in significant growth, reacted negatively to the lack…