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Citi raises Micron Technology target price from $425 to $840

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Vodafone completes trial with Nokia to enhance IoT services using AWS cloud

Intel states that PCs are evolving into an entry point for intelligent experiences

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HSBC raises Micron Technology (MU.O) price target from $750 to $1100

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Citigroup raises Intel's target stock price from $95 to $130.

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Benchmark Raises Intel Price Target to $140

InMed Pharmaceuticals

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At Google I/O 2026, CEO Sundar Pichai announced several AI advancements, including the Gemini 3.5 AI models, enhancements for Search and Gmail, and updates on Project Aura smart glasses. The Gemini 3.5 Flash model is now the default for the Gemini app and AI Mode in Search, with the Pro version set to launch next month.

- Google's I/O 2026 keynote featured several AI-related announcements, including the new Gemini 3.5 AI models and updates on Project Aura smart glasses.  
- The launch of Gemini 3.5 Flash marks its introduction as the default model for the Gemini app and AI Mode in Search, with Gemini 3.5 Pro expected next month.  
- For those who missed the event, a comprehensive roundup of the announcements is available.

The Verge

Alphabet - C

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The 13 biggest announcements at Google I/O 2026

QCOM

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RiverFront Investment Group LLC increased its stake in Qualcomm Incorporated (NASDAQ:QCOM) by 48.1% in Q4, owning 8,038 shares valued at $1.38 million. Other institutional investors also adjusted their positions. Qualcomm's stock opened at $203.64, with a market cap of $214.64 billion. The company reported $2.65 EPS, exceeding estimates, and announced a $20 billion share buyback program. A quarterly dividend of $0.92 will be paid on June 25, up from $0.89.

- RiverFront Investment Group LLC increased its stake in Qualcomm Incorporated by 48.1% in Q4, owning 8,038 shares valued at $1,375,000.  
- Several institutional investors also modified their positions, with notable investments including Cloud Capital Management and Richardson Financial Services.  
- Qualcomm reported Q2 earnings with EPS of $2.65, surpassing estimates, and announced a dividend increase to $0.92 per share while planning a $20 billion share buyback.

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RiverFront Investment Group LLC Has $1.38 Million Stock Position in Qualcomm Incorporated $QCOM

DELL

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Dell's AI Factory has refreshed its infrastructure with new networking and storage stacks, enhancing its position in the AI market. The company reported 5,000 customers, primarily enterprises, and introduced new PowerRack systems for networking and cooling, which can be operational in under six hours. The PowerRack features advanced manageability and leak detection, while also supporting Nvidia's latest technologies. Analysts noted Dell's strong sales growth and its ability to meet hardware demands amid a global AI infrastructure expansion.

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Dell AI Factory gets rack-scale infrastructure refresh

Sonic Fiber Internet has been announced as the Official Internet Provider for the Oakland Ballers' 2026 season, enhancing game-day operations at Raimondi Park. The partnership will support critical functions such as ticketing, vendor transactions, and free Friday night livestreams on YouTube. Sonic's high-speed fiber network will ensure reliable connectivity for journalists, players, and fans, emphasizing the importance of strong upload and download performance in a live event environment.

prnewswire

11:01 ETSonic Fiber Internet to Power Raimondi Park for Oakland Ballers' 2026 Season

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The $600 Billion Wake-up Call: New Splunk Research Reveals Downtime is a Systemic Business Crisis | CSCO Stock News

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Analog Devices is expected to see a 56% profit jump in Q2, with analysts forecasting EPS of $2.89 and revenues of $3.51 billion. The company's shares have risen 57% year-to-date, fueled by growth in various sectors. Despite competition from Texas Instruments and NXP, ADI holds a 6.69% market share and continues to demonstrate strong profitability and cash flow.

Analog Devices

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Analog Devices set for 56% profit jump as Q2 nears

Hewlett Packard Enterprise (NYSE:HPE) shares gapped up from $32.07 to $33.70 before trading at $34.2480. Analysts have upgraded their ratings, with Morgan Stanley raising the price target to $25.00 and Truist Financial initiating coverage with a $31.00 target. The company reported $0.65 EPS, beating estimates, and had a revenue of $9.30 billion. HPE also announced a quarterly dividend of $0.1425. Insider transactions showed significant share sales, and institutional investors have increased their stakes in the company.

Hewlett Packard Enterprise

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Everpure

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Hewlett Packard Enterprise (NYSE:HPE) Shares Gap Up   - Here's What Happened

ALAB

LABX

Astera Labs (ALAB) shares surged over 16% following positive Wall Street commentary and management remarks about its role in AI infrastructure. The stock peaked at $255.96 before settling around $251.28. Analysts predict a shift in AI spending towards inference workloads, enhancing networking efficiency. Evercore ISI raised its price target to $297. Astera's revenue grew from $65 million at its IPO to $308 million, with a focus on its Scorpio product line. However, over 70% of its projected 2025 revenue relies on a single customer, posing risks.

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Astera Labs stock jumps 16%: is AI inference the next big catalyst?

Strategic Family Wealth Counselors L.L.C. has acquired 2,359 shares of Qualcomm Incorporated (NASDAQ:QCOM) valued at approximately $404,000 during the fourth quarter. Other institutional investors, including Brighton Jones LLC and Revolve Wealth Partners LLC, have also increased their stakes in Qualcomm. The stock opened at $213.21, with a market cap of $224.72 billion. Qualcomm recently reported earnings of $2.65 EPS, exceeding estimates, and announced a $20 billion stock repurchase plan. The company declared a quarterly dividend of $0.92 per share, up from $0.89, with a yield of 1.7%.

- Strategic Family Wealth Counselors L.L.C. acquired a stake in Qualcomm Incorporated, purchasing 2,359 shares for approximately $404,000.  
- Qualcomm reported earnings of $2.65 per share, surpassing estimates, while its quarterly revenue was slightly below expectations at $10.60 billion.  
- The Board of Directors approved a $20 billion stock buyback plan, indicating confidence in the company’s value, following a quarterly dividend increase to $0.92 per share.

Direxion Daily QCOM Bear 1X Shares

Strategic Family Wealth Counselors L.L.C. Purchases Shares of 2,359 Qualcomm Incorporated $QCOM

Qualcomm (QCOM) has seen a nearly 70% stock increase recently as it shifts focus towards edge AI, moving away from centralized computing. The company is leveraging its Snapdragon and Dragonwing platforms to enhance power efficiency and connectivity for billions of devices. Qualcomm's customer base is evolving, with significant growth in the automotive and IoT sectors, while mobile device manufacturers still represent a large portion of revenue. The automotive design-win pipeline is valued at $45 billion, indicating strong future prospects as Qualcomm positions itself as a leader in AI-driven technology.

- Qualcomm (QCOM) shares have surged nearly 70% recently as the company pivots to edge AI, which processes data locally on devices rather than relying solely on centralized cloud computing.  
- The company's advancements in power-efficient AI hardware, integrated connectivity, and specific applications in industries like automotive and industrial automation enhance its competitive edge.  
- Qualcomm’s evolving customer base includes a diverse range of sectors, with significant growth in automotive and IoT, alongside continued dominance in mobile devices, driven by unique capabilities meeting rigorous performance standards.

First Trust Index NextG ETF(NXTG.US)

The 13 biggest announcements at Google I/O 2026

RiverFront Investment Group LLC Has $1.38 Million Stock Position in Qualcomm Incorporated $QCOM

Dell AI Factory gets rack-scale infrastructure refresh

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The $600 Billion Wake-up Call: New Splunk Research Reveals Downtime is a Systemic Business Crisis | CSCO Stock News

Analog Devices set for 56% profit jump as Q2 nears

Hewlett Packard Enterprise (NYSE:HPE) Shares Gap Up - Here's What Happened

Astera Labs stock jumps 16%: is AI inference the next big catalyst?

Strategic Family Wealth Counselors L.L.C. Purchases Shares of 2,359 Qualcomm Incorporated $QCOM

Why Qualcomm’s AI Rally Is Just Starting