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03:20
Jefferies predicts that global memory prices may continue to rise through 2028, with an additional two increases of 40% each this year.
Odaily reported that investment bank Jefferies stated in its latest report that the global memory prices could rise more than market expectations, with improvement likely not occurring until as early as 2028. The report predicts that memory prices will increase by 40% to 50% in the third quarter of this year compared to the previous quarter, and may rise a further 30% to 40% in the fourth quarter, surpassing the market expectation of 15% to 20%. The main reason for the price increase is that artificial intelligence industry clients are willing to sign long-term contracts and provide around 40% prepayment.
03:18
Major bank ratings | TD Cowen: Significant cut to Accenture’s target price to $150, rating downgraded to "Hold"
Glonghui June 23|TD Cowen significantly lowered Accenture's target price from $258 to $150, and downgraded its rating from "Buy" to "Hold". As growth expectations continue to weaken and market investment confidence in this consulting giant fades, the possibility of a short-term recovery is becoming increasingly unlikely.
03:16
Futures Hotspot Tracking
Iron ore prices have declined for five consecutive days, reaching their lowest point in nearly four months. Analysts state that miners are expected to increase shipments this month to meet their annual production targets.
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