AMD Price Target Hike, SMCI Office Raid & Big Bank Downgrades Close Out 2Q

What this episode covers

There's a lot to digest for investors on a shortened holiday week. Tom White talks about how current yield levels and the end of earnings season offer a chance for markets to cool down. On the AI trade, Tom explains why Wells Fargo is increasing its price target on AMD Inc. (AMD) and an office raid on Super Micro (SMCI). Big banks saw bearish sentiment with Oppenheimer's downgrades on Bank of America (BAC), Citigroup (C), Morgan Stanley (MS), and Goldman Sachs (GS).======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

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