These chipmakers are climbing thanks to sky-high CPU demand. UBS sees more gains

Advanced Micro Devices and Arm Holdings are poised to outperform as artificial intelligence providers increasingly embrace central processing units (CPUs) and other specialized hardware to power new AI agents, according to UBS. The Swiss-based investment bank has a buy rating on both chipmakers, raising its 12-month share price target on AMD to $670 from $470,…

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ADP jobs report May 2026: Payrolls increase by 122,000

Private hiring expanded at a brisk pace in May, providing further indication of a stable labor market, ADP reported Wednesday. The payrolls processing firm said companies added 122,000 workers for the month, up from 105,000 in April and better than the Dow Jones consensus estimate for 110,000. May marked the strongest month since January 2025….

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    Tuesday biggest analyst calls like SpaceX on Wall Street

    Here are Tuesday’s biggest calls on Wall Street: JPMorgan upgrades IBM to overweight from neutral JPMorgan said it sees “software acceleration.” “We are upgrading to Overweight with greater confidence in a 2H’26 CC software acceleration following a deeper look at IBM’s software business.” Read more. Morgan Stanley upgrades Qiagen to overweight from equal weight The…

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