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Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of Broadcom Inc. (NASDAQ:AVGO)

Rep. Gilbert Ray Cisneros, Jr. (D-California) purchased shares of Broadcom Inc. (NASDAQ:AVGO) valued between $1,001 and $15,000 on October 17th, disclosed in a November 18th filing. The transaction was made through the "150 MAIN STREET TRUST > BANK OF AMERICA" account. Cisneros also made several other trades in various companies, including CommVault Systems and Cohen & Steers.

Market Beat·
US
AVGO
-2.14%
Market Beat·
US
AVGO
-2.14%

Goldman Sachs significantly raised its long-term copper price forecast and believes that aluminum prices are too high in the short term

Goldman Sachs stated that copper will experience a supply gap in the late 2030s due to resource constraints and growing demand in key areas, raising the long-term copper price forecast for 2035 to $15,000 per ton. Although aluminum demand will benefit from demand drivers similar to those of copper and substitution effects, aluminum will not face the resource constraints encountered by copper. It is expected that aluminum prices will fall to $2,350 per ton by the fourth quarter of 2026. The copper-aluminum price ratio is expected to rise from an average of 3.8:1 in 2025 to 4.4:1 by 2035

Wallstreetcn·
US
GS
-1.56%
Wallstreetcn·
US
GS
-1.56%

Existential Threat: Microsoft Stock (NASDAQ:MSFT) Slips as Analysts Sound Alarm on Steam Machine

Microsoft's stock (NASDAQ:MSFT) slipped as analysts expressed concerns over Valve's Steam Machine, which poses a threat to Microsoft's console plans. Analysts warn it could shift Microsoft's focus from hardware to services like Game Pass. Despite this, Wall Street maintains a Strong Buy consensus on MSFT stock, with a 31.16% upside potential. Microsoft's AI initiatives also face skepticism, with critics preferring improvements in Windows 11's user interface and security.

Tip Ranks·
US
MSFT
-1.60%
US
MSFL
-3.13%
US
MSFO
-1.60%
Tip Ranks·
US
MSFT
-1.60%
US
MSFL
-3.13%
US
MSFO
-1.60%

Waymo to Begin Testing Its Robotaxis in Three New Cities

Waymo, owned by Alphabet, will test robotaxis in Minneapolis, Tampa, and New Orleans, aiming for a driverless service by 2026. Safety is a priority before launching. Waymo plans expansion to 15 markets, including Dallas, Houston, Miami, and more. It has completed over 10 million rides since 2020 and is now testing in colder climates. Analysts have a Strong Buy rating on Google stock, with a price target of $312.00 per share.

Tip Ranks·
US
GOOG
-1.03%
US
GOOGL
-1.15%
US
GGLS
+1.09%
Tip Ranks·
US
GOOG
-1.03%
US
GOOGL
-1.15%
US
GGLS
+1.09%

Why did U.S. stocks experience a massive drop overnight? Goldman Sachs provides nine reasons

Goldman Sachs analysis pointed out that this is not due to a single factor, but a storm triggered by nine major "causes," including the "good news fully priced in" for NVIDIA, concerns over private credit, the collapse of cryptocurrencies, and key technical pressures such as systematic selling by CTA funds and market liquidity depletion. Against the backdrop of extremely fragile market sentiment, investors are preparing for the largest-ever November options expiration

Wallstreetcn·
US
GS
-1.56%
US
NVDA
-3.15%
Wallstreetcn·
US
GS
-1.56%
US
NVDA
-3.15%