Trump Delays Tariffs on Critical Minerals, Market Rallies
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: seekingalpha
- Market Rally: Investors welcomed Trump's decision to delay tariffs on critical minerals, leading to a 0.46% rise in S&P 500 futures, a 0.72% increase in Nasdaq 100 futures, and a 0.16% gain in Dow futures, reflecting optimism for policy stability.
- Rising Treasury Yields: The U.S. 2-year Treasury yield rose to 3.53%, the 10-year yield climbed to 4.15%, and the 30-year yield reached 4.80%, indicating increased market confidence in future economic growth.
- Fed Independence Assurance: Trump's confirmation that he will not dismiss Fed Chair Powell aims to alleviate concerns about the Fed's independence, thereby enhancing investor confidence in monetary policy.
- Premarket Trading Performance: In premarket trading, Applied Materials surged 5.56%, Lam Research gained 5.31%, and KLA rose 4.50%, demonstrating strong demand for tech stocks.
Analyst Views on AMAT
Wall Street analysts forecast AMAT stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for AMAT is 249.83 USD with a low forecast of 185.00 USD and a high forecast of 300.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
21 Analyst Rating
15 Buy
6 Hold
0 Sell
Moderate Buy
Current: 304.870
Low
185.00
Averages
249.83
High
300.00
Current: 304.870
Low
185.00
Averages
249.83
High
300.00
About AMAT
Applied Materials, Inc. is a materials engineering solution company. The Company provides equipment, services and software to the semiconductor, display, and related industries. It operates in three segments: Semiconductor Systems, Applied Global Services (AGS), and Display. The Semiconductor systems segment designs, develops, manufactures and sells a range of primarily 300 mm equipment used to fabricate semiconductor chips, also referred to as integrated circuits (ICs). The AGS segment provides services, spares and factory automation software to customer fabrication plants globally. The AGS segment also manufactures and sells 200mm and other equipment. The Display segment is comprised primarily of products for manufacturing liquid crystal displays (LCDs), organic light-emitting diodes (OLEDs), and other display technologies for televisions, monitors, laptops, personal computers (PCs), tablets, smartphones, and other consumer-oriented devices.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
