Micron Technology shares rise 8.4% premarket after UBS raises price target to $1,625

Micron Technology has reportedly joined the trillion‑dollar club after an 18% single‑day surge sent its shares to around $886, capping a year‑to‑date run of more than 200% on the back of an AI‑driven memory boom. While most public data as…

UBS's bold valuation shift on Micron underscores AI's transformative impact on tech valuations, highlighting potential sector-wide benefits and risks. The post UBS raises Micron Technology price target to $1,625, tripling its previous estimate appeared first on Crypto Briefing.

The post Snowflake (SNOW) Earnings Preview: What Investors Need to Know Before Wednesday’s Report appeared on BitcoinEthereumNews.com. Quick Overview Q1 FY27 earnings arrive Wednesday, May 27, following the closing bell. Analyst consensus projects earnings per share of $0.32 (33.3% year-over-year jump) and revenues near $1.32 billion, reflecting approximately 27% growth. Shares have climbed 19.3% in the last month but remain down roughly 22% for 2025, trading at $172.02. The options market anticipates approximately 13.52% volatility in either direction post-results. Analyst community maintains a Strong Buy rating with a mean target of $224.32, suggesting around 30% potential appreciation. The cloud data warehouse provider approaches Wednesday’s financial disclosure trading at $172.02 — notably beneath Wall Street’s consensus valuation of $224.32. Snowflake Inc., SNOW The enterprise data management specialist will unveil its fiscal first quarter 2027 performance after trading concludes

TikTok owner issues shares tied to AI business unit as China’s tech talent war heats up

The post UBS Names ASML (ASML) as Top Stock Pick Amid Bullish S&P 500 Outlook appeared on BitcoinEthereumNews.com. Key Takeaways UBS elevated its year-end S&P 500 projection to 7,900 from 7,500, driven by robust earnings momentum and AI sector expansion The investment bank increased its 2026 earnings per share forecast for the S&P 500 to $335, reflecting 20% anticipated growth Roughly half of the earnings revision stems from semiconductor advances and memory chip price improvements ASML Holding received UBS’s designation as the premier stock selection in today’s elevated market conditions Potential disruption at the Strait of Hormuz represents the primary short-term threat to continued market gains UBS delivered an optimistic assessment of both the US equity market and a critical chip equipment manufacturer this week, highlighting accelerating earnings trajectories and expanding AI infrastructure investment as primary catalysts. The financial institution elevated its S&P 500 year-end v

The prolonged memory chip shortage could lead to sustained pricing power for manufacturers, impacting global tech industries and innovation. The post Micron Technology CEO expects memory chip shortage to extend beyond 2026 appeared first on Crypto Briefing.

Oklo's strong customer pipeline and strategic partnerships could enhance its market position, but regulatory and financial risks persist. The post BofA Securities initiates buy coverage on Oklo with $80 price target appeared first on Crypto Briefing.

The crackdown highlights China's intensified regulatory scrutiny, impacting investor confidence and potentially reshaping cross-border trading norms. The post Futu Holdings, Up Fintech options surge before China crackdown sends shares to record lows appeared first on Crypto Briefing.