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UBS analysts are optimistic about Nvidia's growth, dismissing market concerns as exaggerated. They highlight improvements in the Blackwell chipset and a strategic revenue recognition approach that benefits supply chain management. UBS has raised its Blackwell revenue forecast to $9 billion for the January quarter, maintaining a price target of $185 for Nvidia.
HSBC Holdings has repurchased 1.45 million shares on the Hong Kong Stock Exchange, spending HKD 115 million. The shares were bought at prices ranging from HKD 78.85 to HKD 79.30, with a weighted average price of approximately HKD 79.134 per share.
The FTSE 100 reached a record high of 8575 before retreating slightly, with support levels identified at 8534 and 8484-8483. Meanwhile, the DAX 40 is poised for its sixth consecutive day of gains, with minor support at 20,926-20,863. The S&P 500 is targeting its December record high above 6100, currently trading at one-month highs, with immediate support at 6044.
Société Générale Société anonyme's share price reached a new 12-month high of $6.19, reflecting a 3.9% increase with a trading volume of 613,307 shares. Analysts have upgraded the stock, with Goldman Sachs moving it from "strong sell" to "hold" and Citigroup from "hold" to "strong buy," resulting in a consensus rating of "Hold." The company, with a market cap of $24.77 billion, offers a range of banking and financial services across Europe and internationally.
On January 21, 2025, Raiffeisen Bank International was ordered by a Russian court to pay 2 billion euros in damages, yet its share price increased by 0.85% to 21.26 euros the following day. Market attention is now focused on the upcoming earnings presentation for Q4 2024, set for February 4, 2025, as shareholders face urgent decisions regarding their investments. With a market capitalization of 6.9 billion euros, RBI remains a significant entity in the European banking landscape.
Barclays analyst Thomas O’Malley has given AMD stock an Overweight rating, citing challenges in competing with Nvidia in the AI chip market but highlighting potential growth in its MI series accelerators. O'Malley anticipates AMD will gain market share in the x86 PC and server segments, projecting a 12% gain in the stock price with a target of $140. The consensus price target stands at $172.24, reflecting optimism with 21 Buy ratings and a Moderate Buy recommendation.
UBS shares declined by 0.2% to CHF 31.49 in the SIX SX session, with a trading volume of 2,187,985 shares. The stock's 52-week high is CHF 31.84, while the low is CHF 22.53, marking a 28.45% difference from the current price. In 2023, UBS paid a dividend of CHF 0.640, with an estimated dividend of USD 0.812 for the current year.
Wal-Mart de México has been upgraded to a "strong-buy" rating by Barclays, reflecting positive market sentiment. The company's shares rose to $27.32, with a market cap of $47.66 billion and a recent quarterly earnings report showing $0.39 earnings per share and $12.18 billion in revenue. Despite this upgrade, top analysts suggest there are five better investment options currently available.
RBI remains resilient despite challenges in Russia, with nearly 6 billion euros in equity tied up there. While the bank is reducing its Russian operations in line with ECB requirements, it continues to generate significant profits from the region, contributing around half of its consolidated profit in early 2024. A legal dispute involving Rasperia, linked to sanctions, poses no direct threat to RBI, which does not hold shares in Strabag but is mentioned in the lawsuit.
Lloyds Banking Group faces significant challenges, including potential misconduct costs related to mis-selling car finance, which could jeopardize future dividends. Despite a strong dividend yield and solid earnings coverage, analysts warn that looming charges may impact the bank's financial stability. As a result, many investors are reconsidering their positions in Lloyds shares.
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nvidia poised for growth as analysts dismiss market concerns
02:18 23.01.2025
HSBC repurchases 1.45 million shares for HKD 115 million in January
01:22 23.01.2025
global indices approach record highs as markets rally forward
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société générale shares reach new high amid analyst upgrades and market activity
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Raiffeisen Bank faces court ruling yet shares rise ahead of earnings report
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Barclays recommends buying AMD stock amid challenges and growth potential
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19:43 22.01.2025
ubs shares decline as investors react to latest financial updates
17:46 22.01.2025
barclays upgrades wal-mart de mexico to strong buy rating
17:09 22.01.2025
RBI remains resilient amid Russian court dispute and ongoing sanctions
16:51 22.01.2025
Lloyds faces dividend uncertainty amid potential misconduct costs and market challenges
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16:24 22.01.2025
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