Nasdaq Markets

What happened Shares of DouYu International Holdings (NASDAQ: DOYU) were surging on Thursday after the company got a notable analyst upgrade. As of 3:15 p.m. EDT, the stock was trading 13% higher.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

U.S. President Donald Trump's top economic adviser said on Thursday that Hong Kong may now need to be treated like China when it comes to trade and other financial matters, given Beijing's move to enact a new law Washington warns would undermine the city's autonomy.

In this episode of Industry Focus: Consumer Goods, Emily Flippen and Motley Fool contributor Dan Kline discuss the duopoly of home improvement retailers. Discover more about their operations, what differentiates them, their targeted customers, competition, how COVID-19 has impac

What happened Shares of Harley-Davidson (NYSE: HOG) lost 5% of their value in early trading on Thursday after Wedbush analyst James Hardiman was quoted in Barron's warning lower used motorcycle prices could weigh down demand. As of 12:30 p.m. EDT, shares had recovered to a 3.7

What happened Shares of Snap (NYSE: SNAP) have jumped today, up by 5% as of noon EDT, after The Information reported yesterday evening that the company is planning to open its Snapchat platform up to third-party developers. Snap is expected to announce details at its annual Sna

Samsung Electronics (OTC: SSNLF) is making it easier for people to store and trade cryptocurrency thanks to a new partnership with Gemini Trust, the crypto exchange, and custodian. 

Climbing more than 11% since the start of the year, shares of Bloom Energy (NYSE: BE) have notably outperformed the S&P 500, which has fallen more than 6% year to date. And there's plenty of more growth ahead according to Paul Coster, an analyst at JPMorgan. Coster recently

(RTTNews) - United Airlines Holdings, Inc. (UAL) will present at the Bernstein Strategic Decisions Conference.

Amazon (NASDAQ: AMZN) intends to keep the majority of the 175,000 employees it brought on during the COVID-19 pandemic, Reuters reported. 

(RTTNews) - Mortgage rates, or interest rates on home loans, again dropped this week to hit all-time low mark, according to mortgage provider Freddie Mac (FMCC.OB).

Image source: The Motley Fool.

Don’t fret if your smartphone is running out of memory, 5G is coming and will significantly expand capacity even for those on a budget.

5-star Needham analyst Rajvindra Gill reminds investors that chipmaker Micron’s (MU) quality components will be the ones enabling the handsets to do so.

Indeed, the upcoming 5G cycle is set to benefit Micron, as 5G capabilities will drive demand for NAND (Storage) and DRAM (memory).

Micron forecasts global sales of 450 million 5G handsets in 2021 and sees DRAM growing at a 15% CAGR from 2019-2022, with NAND bits increasing by 30%. The chipmaker expects handset unit sales to grow each year from 2021-2024. The trend is already on the up in China, with recent data indicating 5G phones made up 40% of mobile phones sold in China in April.

5G’s ability to handle masses of data will impact the whole spectrum of smartphones, from budget to high end. Flagship Android phones will be able to take 100-megapixel photos and shoot 8K videos. Gaming levels will match those of desktops.

Gill noted, “We expect MU to benefit from the recovery in the memory cycle, which we believe has exited a super-cycle and is now in a more typical cycle. We expect MU's top and bottom lines to benefit from growth in NAND and DRAM prices, which we expect to occur throughout 2020. Moreover, we view MU as a key beneficiary of the ongoing recovery in data center and increased DRAM and NAND content in 5G handsets.”

Gill has a Buy rating on Micron along with a $63 price target. The implication for investors? Upside of 36%. (To watch Gill’s track record, click here)

The majority of the Street backs Gill’s thesis. Based on 19 Buys, 5 Holds and 1 Sell, Micron has a Moderate Buy consensus rating. The average price target is only slightly lower than Gill’s, and at $63.78 is set to provide gains of 37%. (See Micron stock analysis on TipRanks)

To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? G-III Apparel Group (GIII), which belongs to the Zacks Textile - Apparel industry, could be a great candidate to consider

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

In trading on Thursday, shares of Varian Medical Systems Inc (Symbol: VAR) crossed above their 200 day moving average of $123.20, changing hands as high as $123.47 per share. Varian Medical Systems Inc shares are currently trading up about 1.1% on the day. The chart below sh

In trading on Thursday, shares of Ball Corp (Symbol: BLL) crossed above their 200 day moving average of $69.58, changing hands as high as $69.84 per share. Ball Corp shares are currently trading up about 1.5% on the day. The chart below shows the one year performance of BLL

Investors in Constellation Brands Inc (Symbol: STZ) saw new options begin trading today, for the July 10th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the STZ options chain for the new July 10th contracts and identified one put and one