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Mag 7? MANGOS? SpaceX forces name rethink on Wall Street's tech-stock monikerThe IPO, the biggest in US history, vaulted SpaceX's value above two Mag 7 members: CEO Elon Musk's other company, Tesla , and Meta Platf...- Mag 7? MANGOS? SpaceX forces name rethink on Wall Street's tech-stock monikerSpaceX's massive $2 trillion IPO has challenged the 'Magnificent Seven' moniker, as its valuation now surpasses Tesla and Meta. With other ...
- SpaceX IPO: Biggest Initial Public Offering in U. S history draws new grouping name at Wall Street. Check latest social media offeringsSpaceX IPO has set off a race to devise the next cool acronym. These groupings are not formal market categories, but shorthand labels coine...
- RMG cos reel from GST ruling; new-age firms’ costly rideHappy Friday! The Supreme Court’s latest GST ruling is the final blow for real-money gaming platforms after last year’s ban. This and more ...
- H-1B fallout likely to be modest, add largecap IT on weaknessBrokerages anticipate a limited impact on Indian IT companies' earnings due to Donald Trump's $100,000 H-1B levy. They expect increased off...
- Hot stocks: Brokerage view on Cyient, Varun Beverages and Avenue SupermartsJP Morgan maintained an overweight rating on Cyient, targeting Rs 2,100. BofA continued to favor Varun Beverages with a target of Rs 1,840,...
- Apple named a top pick for 2024 at BofA ahead of key earningsThe company has a "rich catalyst path with defensive cash flows," wrote analyst Wamsi Mohan, who has a buy rating and $225 price target on ...
- Hot Stocks| What should investors do with Bandhan Bank, Bajaj Auto, Wipro, Paytm and IndusInd Bank?BofA Securities maintained a buy rating on Bandhan Bank with a target price of Rs 300. The asset quality improvements were very gradual.
- If US avoids recession, how far can Nifty go? BofA analysts predictGlobal brokerage firm BofA said it sees Nifty inching ending December 2023 at 20,500 as returns have mostly been positive at least three mo...
- Hot Stocks: Brokerages on Sona BLW, Maruti Suzuki, PVR and Dr Reddy’s LaboratoriesMarket share has bottomed out, and new UV models should boost market share. The semiconductor supply chain should ease out and Maruti Suzuk...
- BofA sees Nifty at 19,500 in 2023, shares top sectoral picks"Based on how macro things play out, we expect Nifty to trade in a range from 17K-20K. In our base case we value Nifty at 21.5x near +1SD t...
- Hot Stocks: Brokerages on Bharat Forge and Sun Pharma; JPMorgan see 28% upside in PNBBofA Securities maintained its buy rating on Sun Pharma with a target of Rs 1,000. Flattish llumya trend and the company is waiting for Win...
- Hot Stocks: Brokerages on ICICI Bank, SBI, Bank of Baroda and consumer staplesGlobal brokerage firm CLSA, BofA and Citigroup shared their views on a number of stocks and sectors, including ICICI Bank, public sector le...
- PSU banks riding the credit wave to continue strong showWhile BofA continues to have a positive outlook on India's largest lender State Bank of India with a neutral rating and a target price of ₹...
- Hot Stocks: Delhivery, Nazara Technologies and Mahindra Finance could give 10-20% return in next 1 yearJefferies maintained a buy on Nazara Technologies with a target price of Rs 750 which translates into an upside of nearly 15 per cent from ...
- Hot Stocks: Brokerages on Piramal Enterprises, PVR and Hindustan AeronauticsJefferies maintained its buy rating on Piramal Enterprises with a target price of Rs 1250. The stock closed at Rs 1062 on 30 August.
- Hot Stocks: Global brokerages on RIL, UltraTech Cement and Godrej PropertiesCLSA maintained its outperform rating on UltraTech Cement with a target price of Rs 7,365 which translates into an upside of over 10 per ce...
- What did big Wall Street investors chase during GameStop retail frenzy?Big Tech has been one of the biggest winners of the pandemic, with revenues turbocharged by stay-at-home rules and increased interest from ...
- Stars aligned for India’s Internet cos to create value in next 10 years: BofA SecuritiesAccording to the brokerage, Reliance Industries will garner over 500 million users over the next 3-5 years, offer broadband services to 20-...
- With strong pipeline of deals, BofA expects 'busy' H2 this yearThe Charlotte, North Carolina-headquartered bank expects the deal street to be driven by both consolidation in the sectors impacted by the ...
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