Futures point lower, Arm revenue guidance, Robinhood beats - what's moving markets

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Go back to Futures point lower, Arm revenue guidance, Robinhood beats - what's moving markets

NVIDIA (NVDA) PT Raised to $1,350 at HSBC, 'NVL36/NVL72 server rack pricing power major driver in 2025'

May 10, 2024 10:36 AM EDT

HSBC analyst Frank Lee raised the price target on NVIDIA (NASDAQ: NVDA) to $1,350.00 (from $1,050.00) while maintaining a Buy rating.

The analyst comments "Nvidias NVL36/NVL72 server rack pricing power major driver in 2025: We believe Nvidia will continue to demonstrate its strong pricing power via its NVL36/NVL72 server rack... More

Robinhood Markets (HOOD) PT Raised to $16 at JPMorgan

May 9, 2024 12:01 PM EDT

JPMorgan analyst Kenneth B. Worthington raised the price target on Robinhood Markets (NASDAQ: HOOD) to $16.00 (from $12.00) while maintaining a Underweight rating.

The analyst comments "Robinhood reported 1Q24 adj EPS of $0.18 vs. street expectations of $0.06. Adj. EBITDA came in at $247mn, well ahead... More

Arm Holdings (ARM) PT Lowered to $145 at Evercore ISI

May 9, 2024 5:04 AM EDT

Evercore ISI analyst Mark Lipacis lowered the price target on Arm Holdings (NASDAQ: ARM) to $145.00 (from $156.00) while maintaining a Outperform rating.

The analyst comments "With ARM up 41% YTD vs SPX 9%, and YY revs peaking in the Mar24Q, the set-up... More