As artificial intelligence transforms industries at breakneck speed, few companies find themselves at the epicenter of this technological revolution like Advanced Micro Devices. For decades, AMD was known as the scrappy underdog in the chip world—an innovator that powered gaming PCs and data centers, but always trailing behind giants
Nvidia's H20 GPUs to resume shipments in China, boosting revenue; Needham analyst raises price forecast to $200 and sees strong demand for new Blackwell variants.
Shares of aerospace and defense company Mercury Systems (NASDAQ:MRCY)
jumped 3.6% in the afternoon session after the company announced it signed two agreements with a major European defense prime contractor to expand and accelerate the production of critical technology for radar and electronic warfare missions.
Shares of language-learning app Duolingo (NASDAQ:DUOL)
fell 4.2% in the afternoon session after the stock continued its downtrend as investors weighed concerns over slowing user growth and the sustainability of its marketing-driven expansion. The language-learning app's stock has been under pressure with no specific company news released today. The negative sentiment appears to be a carryover from recent analyst commentary and bearish articles. Earlier in the month, on July 8, Morgan Stanley lowered its price target on the stock, citing a slowdown in U.S. daily active user growth following the company's "AI-First" initiative.
Explore the S&P500 index on Wednesday and find out which stocks are the most active in today's session. Stay updated with the stocks that are capturing market interest.
AMD is poised to rally strongly in the second half of 2025, with analysts lifting targets, leading to new all-time highs, and strong results on the horizon.
Shares of industrial distributor DXP Enterprises (NASDAQ:DXPE) fell 3.5% in the morning session after the stock appeared to enter a period of profit-taking following a significant recent rally that pushed technical indicators into overbought territory.
Shares of game engine maker Unity (NYSE:U)
jumped 12.4% in the morning session after Jefferies analyst Brent Thill raised his price target on the company to a Street-high of $35. The new price target represents a nearly 18% upside from the stock's previous close and a 20.69% increase from Jefferies' prior target of $29. The firm maintained its "Buy" rating, citing improving sentiment around Unity's ad-targeting model, Vector. Thill noted that positive mentions for Vector increased in the second quarter and that its Return on Ad Spend (ROAS) for clients improved to a 10%-20% lift, up from 5%-7% in the prior quarter. Driven by the expected improvements, Jefferies raised its revenue forecasts for Unity for 2025 and 2026. The analyst also highlighted that usage for the new Unity 6 engine is growing, indicating stability in the company's Create segment.
Shares of pool products retailer Leslie’s (NASDAQ:LESL) jumped 3.5% in the pre-market session after the company announced the appointment of a seasoned retail executive, Amy College, as its new Chief Merchandising and Supply Chain Officer.
Shares of semiconductor equipment maker Lam Research (NASDAQ:LRCX)
fell 3.2% in the morning session after fellow semiconductor equipment giant ASML Holding (ASML) warned it could no longer confirm growth in 2026.
According to a report by Bloomberg, which cited people familiar with the matter, President Trump has toned down his confrontation with China compared to his presidential campaign, as he seeks to achieve quick wins.
The company appointed Robert Calderoni to its board, formed a Strategy Committee, and entered a cooperation agreement with Elliott Investment to strengthen business strategy.
Trump reportedly discussed the idea on Tuesday night after the House Republicans blocked a procedural vote that would have advanced cryptocurrency legislation.
Senator Warren said the reversal of the earlier ban is “true to form” for the Trump administration, citing Nvidia CEO Jensen Huang’s dinner at Mar-a-Lago in April that reportedly cost $1 million per head.
ETF investors can ride or hedge against banking sector volatility through financial sector funds like XLF and KBE, which hold top banks like JPM and BofA.
