Latest news with #HarshKumar
Yahoo
2 days ago
- Business
- Yahoo
Qualcomm (QCOM) Holds ‘Overweight' Rating—Here's What's Keeping Investors Confident
QUALCOMM Incorporated (NASDAQ:QCOM) is one of the On July 31, Piper Sandler analyst Harsh Kumar lowered the firm's price target on the stock to $175 from $190 and kept an 'Overweight' rating on the shares. The firm noted how Qualcomm has delivered slightly above expectations with guidance largely in-line with estimates. It has been implementing its diversification well, and is poised for growth in key areas such as auto and IoT. QUALCOMM Incorporated (NASDAQ:QCOM) develops wireless technologies, supplies chips for mobile, automotive, and IoT, licenses patents, and invests in emerging tech. While we acknowledge the potential of QCOM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Must-Watch AI Stocks on Wall Street and . Disclosure: None.
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Business Standard
22-07-2025
- Business
- Business Standard
Higher FDI cap won't affect PSBs' financial inclusion goals: UCO Bank CEO
We are conducting a saturation drive for inoperative PMJDY accounts, meeting customers one-on-one to encourage them to operate their accounts, says Ashwani Kumar New Delhi Listen to This Article The government's guarantee mechanism for startups is likely to improve lending to the sector in the coming years, says UCO Bank Managing Director and Chief Executive Officer (MD&CEO) Ashwani Kumar. In a telephonic interview with Harsh Kumar, he also discusses the expansion plans of the bank. Edited excerpts: How is your bank addressing inoperative accounts under Pradhan Mantri Jan Dhan Yojana (PMJDY)? We are conducting a saturation drive for inoperative PMJDY accounts, meeting customers one-on-one to encourage them to operate their accounts. The main issue we face is that some customers have multiple accounts across different banks, and are receiving
Yahoo
02-07-2025
- Business
- Yahoo
Piper Sandler Backs Marvell's (MRVL) XPU Strategy With Bullish Call
Marvell Technology, Inc. (NASDAQ:MRVL) is one of the On July 1, Piper Sandler analyst Harsh Kumar reiterated an 'Overweight' rating on the stock with an $85.00 price target, citing the company's XPU growth strategy. The firm is confident that Marvell's XPU strategy is on track and will ramp up significantly in the near to mid-term timeframe. It considers Marvell to be one of the two companies that possess intellectual property to service the leading-edge XPU market for hyperscaler customers. 'Growth to be Driven by XPU Proliferation; Last week, we had the opportunity to host management meetings with MRVL. We came away reaffirmed that the growth strategy for the company related to their XPU strategy is on track and is set to ramp significantly in the near to mid-term time frame." Marvell Technology, Inc. (NASDAQ:MRVL) engages in the development and production of semiconductors, focusing heavily on data centers. While we acknowledge the potential of MRVL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 AI Stocks in the Spotlight and Disclosure: None. Sign in to access your portfolio
Time of India
27-06-2025
- Time of India
Drunk 17-year-old misses target; man dies as plot to frame GF's kin goes awry
Representative image. MEERUT: Harsh Kumar didn't plan to die that night. He planned to make a statement—loud, painful, and staged. Somewhere between desperation and drunkenness, the 21-year-old convinced a teen friend to help him pull off a bizarre scheme: get shot, survive, and blame it all on his girlfriend's family—people who he believed were standing between him and the woman he loved. 'Shoot me in the stomach. I want to frame her family for resisting our relationship,' he allegedly told the 17-year-old friend and drinking companion late on Tuesday. But the bullet didn't follow the script. It struck his chest. On Wednesday morning, Harsh's bullet-hit body was found in an agricultural field in Meerut's Ganga Nagar area, with a country-made pistol lying nearby. SSP Dr Vipin Tada said, 'We rushed to the spot, identified the body, and informed his family.' Harsh's family, residents of the same locality, immediately pointed fingers at the woman's relatives. 'They were against the relationship. They must have done this,' the family claimed. However, six hours later, the story unravelled. The Class 11 boy broke down during questioning. 'On the night of the incident, Harsh, who was unemployed, called him to the field after buying alcohol. Both drank together. Harsh wanted the juvenile to shoot him in a way that wouldn't be fatal. But the bullet hit his chest instead of the stomach. He died on the spot. The boy was drunk when he pulled the trigger,' the SSP said. The minor panicked and discarded the pistol near the body, tossed Harsh's phone onto the roof of a nearby tubewell, and fled—perhaps hoping the story would end there. 'The boy has been booked under BNS section 103 (murder) and sent to a juvenile home. Harsh and the woman were in a relationship for over two years,' Tada said.
Business Insider
27-06-2025
- Business
- Business Insider
Micron Stock Just Got a Massive Forecast Boost; Here's Why $145 Might Still Be Conservative
Wall Street is finally catching up to what investors betting on AI infrastructure already knew: Micron (MU) is not just back, it's breaking records. Stifel just raised its price target to $145 from $130 following a monster earnings print and a rosy outlook, joining a chorus of firms that now see Micron as a core beneficiary of the AI memory boom. Confident Investing Starts Here: The new target implies nearly 14% upside from current levels, but some analysts say that still doesn't price in the full story. Record Revenue. HBM Frenzy. And More to Come. Micron's Fiscal Q3 revenue hit $9.3 billion, handily beating expectations of $8.84 billion and marking a sharp leap from $8.05 billion last quarter, and $6.81 billion the year before. DRAM revenue reached all-time highs, HBM demand nearly doubled quarter-over-quarter, and the company is forecasting Q4 revenue of $10.7 billion. Yes, $10.7 billion. That would be up 15% sequentially, a jaw-dropping figure for a chipmaker in what's historically been a cyclical memory game. But this isn't just another cycle. We're in an AI boom, and Micron is one of the frontrunners with the kind of product mix Wall Street loves. HBM, the high-bandwidth memory that powers AI models at data centers, is a standout. Even DRAM for consumer devices saw sequential strength, signaling broad-based momentum. Analysts Raise Price Targets for Micron Stock Stifel wasn't the only one to take notice. Piper Sandler's Harsh Kumar bumped the target to $165. KeyBanc's John Vinh followed at $160. Raymond James analyst Srini Pajjuri lifted his to $150. And Barclays' Tom O'Malley made one of the boldest moves of the bunch, hiking his price target to $140 from just $95. Yes, that's a $45 jump in one shot. Why the optimism? Analysts see three overlapping catalysts: AI-driven infrastructure spend: HBM is the 'picks and shovels' trade in the AI gold rush. Margin strength: Micron guided for 42% gross margins next quarter, well ahead of expectations. Product mix shift: Higher-value chips are gaining share — a margin tailwind into year-end. Even with shares up 50% year-to-date, bulls argue the valuation still lags the growth trajectory. HBM4 and U.S. Investment Ramp-Up Micron just began shipping its HBM4 chips, the next-gen memory for cloud AI, and announced plans to invest an additional $30 billion in U.S. manufacturing and R&D. That brings its total U.S. commitment close to $200 billion. Gone are the days of Micron as a basic memory supplier. It's now a core player in AI infrastructure, armed with capital, demand, and direction. Micron's Run Is Not Over If you think Micron's run is done, check your assumptions. What looked like a cyclical rebound last year has turned into a structural shift. From Nvidia's GPUs to AMD's accelerators, every AI model needs memory that is fast, stacked, and power-efficient. Micron is one of the few players delivering that at scale. Micron might be a memory company by name. But in 2025, memory is the trade. Is Micron a Good Stock to Buy Today? According to TipRanks data, Micron (MU) holds a 'Strong Buy' rating based on 16 analyst reviews over the past three months. 14 analysts rate it a Buy, two say Hold, and none recommend a Sell. The average 12-month MU price target sits at $135.81, suggesting a 6.7% upside from the current price of $127.25.
