Nvidia supplier SK Hynix posts record quarterly profit as AI boom drives demand

Nvidia supplier SK Hynix posts record quarterly profit as AI boom drives demand

The SK Hynix logo is displayed on a phone screen as seen in this illustration photo taken in Krakow, Poland on January 30, 2023. Jakub Porzycki | Nurphoto | Getty Images South Korea’s SK Hynixone of the world’s largest memory chipmakers, posted record quarterly earnings on Thursday, boosted by strong demand for its high-bandwidth memory … Read more

Barclays names global ‘conviction’ stock ideas for Q4

Barclays names global 'conviction' stock ideas for Q4

Barclays has named a number of global stocks that investors may consider buying before the end of the year, naming “conviction stock ideas with catalysts.” The bank’s list includes six overweight UK stocks, which it gave an average upside potential of 25%. Explaining why they maintained their overweight position in UK stocks, the bank’s analysts … Read more

Citi names “undervalued” AI stock as a top pick – giving it 25% upside

Citi names "undervalued" AI stock as a top pick - giving it 25% upside

Citi has named Pegasystems one of its new top picks, citing an “undervalued” AI story and attractive valuation. The Wall Street bank has set a $92 target price on Pegasystems, representing a potential 25% upside from its current trading price of around $73.50. Pegasystems, an enterprise software company, has seen its share price rise more … Read more