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Needham Lifts Micron Price Target as AI Memory Demand Heats Up
business18 days ago

Needham Lifts Micron Price Target as AI Memory Demand Heats Up

Needham & Co. boosted its price target on Micron Technology (MU) to $1,550 from $500 and reiterated a Buy rating, arguing firmer memory-market conditions over the past three months with steady demand, healthier pricing and limited new supply. The note says long-term memory demand linked to AI systems could justify higher valuations, with Micron’s upcoming earnings report due June 24 providing a fresh read on whether the backdrop continues to improve.

via Yahoo Finance|
#business#earnings#micron-technology
Rivian's R2 Test-Drive Becomes Bullish Indicator, Analyst Says TAM Expands
business29 days ago

Rivian's R2 Test-Drive Becomes Bullish Indicator, Analyst Says TAM Expands

Needham reiterates a Buy on Rivian with a $23 target, arguing the R2 launch is TAM-expanding and could bring new buyers into Rivian’s ecosystem; catalysts include point-to-point navigation, a LiDAR-enabled hands-free variant, and cheaper R2 trims. Rivian says missing features on the initial R2 rollout were delayed for quality and will arrive via monthly OTA updates this summer. With R2 deliveries underway, the stock rose about 1% in overnight trading as investors are encouraged to test-drive the vehicle rather than rely on broad EV adoption alone, supporting a bullish longer-term view despite near-term volatility.

via Yahoo Finance|
#autonomy#business#needham
Needham's Canvas breach may affect every student and staff member, superintendent says
local-news2 months ago

Needham's Canvas breach may affect every student and staff member, superintendent says

Needham Public Schools say the Canvas data breach could have affected all students and staff, with teacher gradebook data possibly modified in PowerSchool. The district disconnected Canvas from PowerSchool to prevent further compromise and is awaiting a full incident report from Instructure, while continuing to monitor for additional affected systems.

via WCVB|
#canvas#cybersecurity#data-breach
Manhunt underway for armed and dangerous suspect in Stow and Needham
crime2 years ago

Manhunt underway for armed and dangerous suspect in Stow and Needham

Police in Stow, Massachusetts, are searching for Joshua Hinds, a 45-year-old man considered armed and dangerous. Hinds was last seen in Needham and is believed to be traveling to Stow in a gray 2015 Toyota Tacoma. He is described as 5'11 tall, weighing 185 pounds, with thinning blonde hair and brown eyes. Hinds allegedly waved a gun at someone he knows and made threats to harm himself and others. Authorities have urged the public not to approach him and to call 911 if spotted.

via NECN|
#armed-and-dangerous#crime#manhunt
Manhunt underway for armed and dangerous suspect in Stow and Needham
crime2 years ago

Manhunt underway for armed and dangerous suspect in Stow and Needham

Police in Stow, Massachusetts, are searching for Joshua Hinds, a 45-year-old man considered armed and dangerous. Hinds was last seen in Needham and is believed to be traveling to Stow in a gray 2015 Toyota Tacoma. He is described as approximately 5'11 tall, weighing about 185 pounds, with thinning blonde hair and brown eyes. Hinds allegedly waved a gun at someone he knows and made threats to harm himself and others. Authorities are urging anyone who sees Hinds to call 911 and not approach him.

via NBC10 Boston|
#armed-and-dangerous#crime#joshua-hinds
Manhunt underway in Stow and Needham for armed and dangerous suspect
crime2 years ago

Manhunt underway in Stow and Needham for armed and dangerous suspect

Stow and Needham police are searching for Joshua Hinds, a 45-year-old man believed to be armed and dangerous. Hinds allegedly brandished a firearm at someone he knows and made threats to harm himself and others. While he is not considered a threat to the general public, authorities are urging caution and asking anyone who sees him to call 911 immediately. Multiple law enforcement agencies are assisting in the search.

via Boston News, Weather, Sports | WHDH 7News|
#armed-and-dangerous#crime#joshua-hinds
"Manhunt underway for armed and dangerous suspect in Stow and Needham"
crime2 years ago

"Manhunt underway for armed and dangerous suspect in Stow and Needham"

Authorities in Stow and Needham are conducting a manhunt for Joshua Hinds, a 45-year-old man considered armed and dangerous. Hinds allegedly brandished a firearm at someone known to him and has made threats to harm himself and others. He was last seen in Needham and is believed to be traveling to Stow in a gray 2015 Toyota Tacoma. While authorities do not believe he poses a threat to the general public, caution is advised, and anyone who sees him should call 911 immediately. Multiple law enforcement agencies are assisting in the search.

via The Boston Globe|
#armed-and-dangerous#crime#firearm
Nvidia's Stock Skyrockets Despite Valuation Concerns.
finance3 years ago

Nvidia's Stock Skyrockets Despite Valuation Concerns.

Nvidia's stock has continued to rally, rising 1.87% to $269.64 in premarket trading, following an 81% surge since October 13th. The company's prospects in the AI sector and an upward adjustment of price target by Needham analyst Rajvindra Gill, who maintained a Buy rating and upped the price target from $270 to $300, citing near-term data center strength, receding gaming headwinds, and greater traction in inference and software markets, are contributing factors.

via Benzinga|
#ai#finance#needham