Here are the top 10 things we're watching in the stock market Friday
Stocks are set for a higher open Friday following a nasty rate-driven pullback on Thursday
TL;DR
- Stocks expected to open higher after Thursday's pullback.
- Broadcom in talks to finance $60 billion in AI chip debt for customers like Anthropic.
- Nvidia recently announced similar financing plans for $500 billion.
- Citigroup joins other major banks in working on the Anthropic IPO.
- Micron initiated with a buy rating and price target due to a memory supercycle.
- Several AI semiconductor titans received buy ratings from BMO Capital.
- Eaton initiated with a buy rating on strong data center demand.
- Walmart stock down after disappointing earnings, with price target cuts.
- Ross Stores shares up significantly after beating earnings expectations.
- BJ's Wholesale raises full-year outlook after a better-than-expected second quarter.
- Abbott Laboratories agrees to a $670 million settlement for preterm infant formula litigation.