The Latest Breaking News from Kevin Cassidy

Analysts raise estimates and price targets on NVIDIA Corporation (NASDAQ:NVDA) after third-quarter revenue and earnings per share beat estimates and guidance came in ahead of expectations.

Qualcomm Inc (NASDAQ:QCOM) delivered a strong quarter, driven by double-digit growth across its core chip business signaling continued demand in premium Android devices and emerging artificial intelligence-driven technologies.

Penguin Solutions Inc (NASDAQ:PENG) guided to 6% revenue growth for fiscal 2026, below Street expectations of 10%, with limited near-term visibility into new hardware deployments for Meta Platforms Inc (NASDAQ:META), according to Rosenblatt Securities.

Penguin Solutions Inc (NASDAQ:PENG), which is scheduled to report its fiscal fourth quarter results on Oct. 7, could deliver a "modest beat" to the consensus estimates, mainly due to stronger-than-expected memory demand and pricing, according to Rosenblatt Securities analyst Kevin Cassidy.

Shares of Western Digital Corporation (NASDAQ: WDC) are up Monday following positive analyst coverage from Rosenblatt. Here’s what you need to know.

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

Shares of Micron Technology Inc (NASDAQ:MU) dipped in early trading on Wednesday despite a strong fiscal fourth quarter report.

Micron Technology Inc (NASDAQ:MU) is gearing up to report its fiscal fourth quarter results on Tuesday, Sept. 23.

Broadcom Inc (NASDAQ:AVGO) shares rallied in early trading on Friday on media reports of its possible partnership with OpenAI, which is gearing up to mass-produce its first proprietary AI chip.