Wall Street analysts delivered mixed verdicts on tech giants and consumer stocks Thursday. While AI leaders like Nvidia and Microsoft maintained bullish ratings, Meta faced downgrades over AI investment concerns amid broader market uncertainty.
Australian financial institutions are facing renewed criticism for allegedly failing to properly respond to customer hardship requests. According to regulatory data, nearly 2,900 complaints were filed regarding unaddressed assistance pleas during 2024-25.
Australian banks are reportedly failing to adequately respond to a growing number of financial hardship requests from struggling customers, according to exclusive data from the country’s financial watchdog. Sources indicate that automated systems have generated generic responses that fail to account for individual circumstances, while some institutions allegedly provide no response at all.
Advanced Micro Devices shares could see substantial gains following positive analyst outlook on the company’s new AI hardware platform. According to reports, the Helios rack-scale system demonstrated at the OCP Global Summit has moved from concept to functional reality. Industry analysts suggest this development positions AMD strongly in the competitive AI infrastructure market.
Bank of America has reportedly increased its price target for Advanced Micro Devices (AMD) shares to $300, up from its previous target of $250, according to recent analyst reports. This revised forecast suggests potential upside of nearly 30% from recent closing prices, with analysts maintaining their buy rating on the semiconductor stock.
