Citigroup highlighted SanDisk as a prime beneficiary of the insatiable global demand for artificial intelligence memory and storage infrastructure. Citigroup hiked its 12-month price target on SNDK stock to $2,500 from $2,025 per share. “SNDK should continue to be a beneficiary of this structurally favorable environment,” Citi said. 18 out of 22 analysts rate the … Read more
icron stock soared 16% on strong Q3 earnings, while Apple slipped after increasing prices of Macs and iPads. The S&P 500 ended flat and the Nasdaq 100 rose 0.8%, while the Dow Jones added 0.1%. Qualcomm stock jumped on forecast of annual sales of more than $15 billion from artificial intelligence components by FY29. Microsoft … Read more
Iranian Petroleum Minister Mohsen Paknejad addressed the 11th BRICS Energy Ministers’ Meeting in India. He outlined Iran’s energy views and met with Union Minister Hardeep Singh Puri to discuss enhancing cooperation in the hydrocarbon sector. Mohsen Paknejad, Minister of Petroleum of Iran, addressed the 11th BRICS Energy Ministers’ Meeting where he outlined the views of … Read more
BNP Paribas analyst Laurent Vasilescu called a reported plan by Nike to bar key Chinese distributors from selling products online starting in 2027 a “strategic misstep.” BTIG lowered its price target on Nike to $55 from $75 but kept a ‘Buy’ rating ahead of the company’s fiscal Q4 results slated for June 30. Citi analyst … Read more
A new twist in the Ketan Aggarwal murder case came when the father of the main accused Chetan reacted publicly for the first time. Expressing grief over the incident, he said that the truth should come out and the investigating agencies should investigate the entire matter in an impartial manner. He also put forward some … Read more
Haryana Police has made a new revelation amidst the allegations of sacrilege of Sikh Guru against Punjab Chief Minister Bhagwant Mann. Giving information, ACP Naveen Sharma in Gurugram Police said, “A person named Jaspreet had complained that some officials of Punjab were pressurizing him that he wanted the report as per his wish. This person … Read more
Tripura CM Manik Saha stated the govt is fast-tracking projects for development. Highlighting progress in health, education, and IT attracting investors, he laid the foundation for a new 100-bed hospital and inaugurated various health projects. Tripura Chief Minister Manik Saha on Thursday mentioned that the state government is implementing various projects at a rapid pace … Read more
Microsoft said it will raise Xbox console prices globally from August 1, with 512 GB models up $100 and 1 TB models up $150. Stifel lowered its price target on Microsoft, citing revised and weaker-than-expected margin assumptions for FY27. Apart from raising Xbox prices globally, Microsoft is also discontinuing its 2 TB Xbox model as … Read more
André Thierig, Senior Director of Manufacturing at Giga Berlin, said in a post on X that the German gigafactory will increase weekly vehicle production to 7,500 units starting in October. Vehicle output at the factory is set to rise from 5,000 to 6,200 vehicles per week beginning in July. The production boost comes as Tesla … Read more
A Nihang jatha from Mohali was stopped by Uttarakhand Police at the state border while en route to Dehradun over the Karnaprayag dispute. The group demands the release of detained members and action against police officials. A jatha of Nihang organisations was stopped by Uttarakhand Police at the Himachal-Uttarakhand border on Thursday while it was … Read more