Latest news with #Melius
Yahoo
10 hours ago
- Business
- Yahoo
Why AMD Stock Is Rising Today
AMD's share price is rising today thanks to bullish momentum for the broader market and positive analyst coverage. Melius raised its rating on AMD stock from hold to buy and increased its one-year price target from $110 per share to $175 per share. AMD could benefit from growing demand for processors used for AI inference applications. 10 stocks we like better than Advanced Micro Devices › Advanced Micro Devices (NASDAQ: AMD) stock has moved higher in Monday's trading despite giving up some of its early gains. The company's share price was up 1.1% as of 3:15 p.m. ET. At the same point in the day's trading, the S&P 500 and the Nasdaq Composite were both up 0.7%. In addition to positive momentum for the broader market, AMD stock is getting a lift from bullish analyst coverage. The company's share price is now up 22% over the last three months. Melius published new coverage on AMD stock before the market opened today and upgraded its rating on the stock from hold to buy. The investment firm also increased its one-year price target on the stock from $110 per share to $175 per share. Melius believes that AMD's outlook in the artificial intelligence (AI) has improved significantly since its last write-up on the stock. The firm sees the tech hardware specialist benefiting from demand for graphics processing units (GPUs) used to run AI inferencing applications. Melius thinks investors are about to get more excited about AMD's GPU sales outlook from 2026 through 2028 and thinks that the MI400 processor the company is set to launch next year is poised to be a winner. Investors have been becoming more bullish about AMD's position in the AI space lately, and the Advancing AI conference hosted by the company earlier this month has helped strengthen confidence in the company's roadmap. The company's recently launched MI350 processor seems to be off to a strong start, and the launch of the MI400 chip next year could further strengthen its competitive positioning. While AMD appears unlikely to topple Nvidia in the high-end GPU market that currently centers heavily around AI training, it's looking increasingly likely that it will be able to score some wins in the space and also record strong results when it comes to less demanding processors used for AI inference applications. Before you buy stock in Advanced Micro Devices, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Advanced Micro Devices wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $664,089!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $881,731!* Now, it's worth noting Stock Advisor's total average return is 994% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 23, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices and Nvidia. The Motley Fool has a disclosure policy. Why AMD Stock Is Rising Today was originally published by The Motley Fool
Globe and Mail
10 hours ago
- Business
- Globe and Mail
Why AMD Stock Is Rising Today
Advanced Micro Devices (NASDAQ: AMD) stock has moved higher in Monday's trading despite giving up some of its early gains. The company's share price was up 1.1% as of 3:15 p.m. ET. At the same point in the day's trading, the S&P 500 and the Nasdaq Composite were both up 0.7%. In addition to positive momentum for the broader market, AMD stock is getting a lift from bullish analyst coverage. The company's share price is now up 22% over the last three months. AMD stock moves higher on analyst upgrade Melius published new coverage on AMD stock before the market opened today and upgraded its rating on the stock from hold to buy. The investment firm also increased its one-year price target on the stock from $110 per share to $175 per share. Melius believes that AMD's outlook in the artificial intelligence (AI) has improved significantly since its last write-up on the stock. The firm sees the tech hardware specialist benefiting from demand for graphics processing units (GPUs) used to run AI inferencing applications. Melius thinks investors are about to get more excited about AMD's GPU sales outlook from 2026 through 2028 and thinks that the MI400 processor the company is set to launch next year is poised to be a winner. What's next for AMD? Investors have been becoming more bullish about AMD's position in the AI space lately, and the Advancing AI conference hosted by the company earlier this month has helped strengthen confidence in the company's roadmap. The company's recently launched MI350 processor seems to be off to a strong start, and the launch of the MI400 chip next year could further strengthen its competitive positioning. While AMD appears unlikely to topple Nvidia in the high-end GPU market that currently centers heavily around AI training, it's looking increasingly likely that it will be able to score some wins in the space and also record strong results when it comes to less demanding processors used for AI inference applications. Should you invest $1,000 in Advanced Micro Devices right now? Before you buy stock in Advanced Micro Devices, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Advanced Micro Devices wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $664,089!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $881,731!* Now, it's worth noting Stock Advisor 's total average return is994% — a market-crushing outperformance compared to172%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 23, 2025
Gulf Today
08-03-2025
- Business
- Gulf Today
BE Club Founders Exonerated in OneCoin Case: Allegations Officially Withdrawn
All allegations against BE Club co-founders Moyn and Monir Islam related to the OneCoin fraud have been fully withdrawn by claimants in the UK High Court (Case: CL-2024-000213), without financial settlement. The resolution, made public on January 25, 2025, came after the Islam brothers presented evidence demonstrating the allegations were unfounded. Notably, the case concluded without any financial settlement from the brothers to the claimants. Instead, the claimants have agreed to contribute toward the legal expenses incurred by the Islams during their defense. This revealed that the brothers were small-scale investors who lost money in the OneCoin scheme – they did not make money from the scheme. They held no leadership positions within OneCoin's structure, and attempted to warn others once they became suspicious of the operation. "For years, misinformation surrounding OneCoin has affected my reputation, including allegations of dishonesty, fraud, and fleeing the UK. This resolution shows we have been telling the truth. We've been unfairly targeted, and this is a vital step in setting the record straight," said Moyn Islam. The brothers' subsequent ventures, including Melius, which later became BE Club, have been mischaracterized due to baseless connections to OneCoin. Critics have also falsely asserted that Moyn and Monir Islam fled to Dubai after the collapse of the scheme, when their relocation was a deliberate business decision that occurred progressively over several years. Jennifer McAdam, representing the claimant group's steering committee, has issued official statements across social media confirming the withdrawal of all claims. The resolution includes the lifting of a previously imposed worldwide freezing order and establishes a binding agreement preventing any future OneCoin-related claims against the brothers. The brothers' law firms have put out individual statements: Enyo & Peters & Peters.
