The NYMEX front-month gold contract (GC00) late Thursday rose above $2,850 an ounce for the first time as Goldman Sachs reiterated its $3,000 price target, saying the yellow metal was a hedge against ...

"Surprise reigns supreme and will continue to when Feb 1 comes and goes," says Evercore. "Near all-time highs, SPX could move 3-5% in either direction short term, on the road to 6,800 at year-end, ...

Evercore ISI analyst Liisa Bayko maintained a Buy rating on Vertex Pharmaceuticals (VRTX – Research Report) on January 31 and set a price target of $515.00. The company’s shares closed last ...

Evercore ISI analyst Duane Pfennigwerth maintained a Buy rating on Southwest Airlines (LUV – Research Report) on January 31 and set a price target of $38.00. The company’s shares closed last ...

AI-exposed semi, hardware and power stocks were sent reeling as doubt was cast on the investment trajectory and values of these names,” Evercore strategist Julian Emanuel wrote in a client note.

AI-exposed semi, hardware and power stocks were sent reeling as doubt was cast on the investment trajectory and values of these names,” Evercore strategist Julian Emanuel wrote in a client note.

Evercore strategist Julian Emanuel emphasized that AI-driven semiconductor and hardware stocks have been “sent reeling” as investors reassess the long-term value of these names. With Nvidia ...