WS #12575
OpenAI adds two independent board members ahead of IPO; positive signal for AI sector. Chip stocks bounce back on analyst upgrades and TSMC price hike reports; ASML +3.76%, TXN +3.4% on Susquehanna PT hike. Morgan Stanley downgrades Adobe to underweight, slashes PT to $240; shares fall 3.5%. Datadog downgraded by Jefferies.
OpenAI IPO board additions and AI sector
OpenAI adds two independent board members ahead of IPO; positive signal for AI sector.
Chip stocks bounce back on analyst upgrades and TSMC price hike reports; ASML +3.76%, TXN +3.4% on Susquehanna PT hike.
Morgan Stanley downgrades Adobe to underweight, slashes PT to $240; shares fall 3.5%. Datadog downgraded by Jefferies.