Nasdaq 100 Rallies on Chip Rebound; Brazil ETF Sinks 21%: Stock Market Today
The Nasdaq 100 gains 1.2% as chipmakers rebound and Tesla jumps on an upgrade, while Brazil's EWZ sinks 21.7% after Lula's win. Yields ease.
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Needham & Co. has revised its price target for Coherent Corp. shares, lowering it from $420 to $380.
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The Nasdaq 100 gains 1.2% as chipmakers rebound and Tesla jumps on an upgrade, while Brazil's EWZ sinks 21.7% after Lula's win. Yields ease.
As AI infrastructure expands, companies face multiple bottlenecks beyond chip production, including memory, power, cooling, and connectivity. Seven companies addressing these constraints—Nvidia, Micron, Lumentum, Coherent, GE Vernova, Bloom Energy, and Vertiv—are positioned to benefit as the industry shifts from one bottleneck to another.
Coherent Corp. has been recognized as one of the companies included in the America's Growth Leaders 2027 list, which honors organizations for their growth, financial stability, and stock performance.