Here are Monday’s biggest calls on Wall Street: Bank of America downgrades Advanced Micro Devices to neutral from buy Bank of America said it’s concerned about market share gain potential slowing. “Higher competitive risks in AI against best-of-breed NVDA’s dominance, and growing cloud preference for custom chips from MRVL/AVGO, limiting AMD’ s market share gain potential…” Morgan Stanley upgrades Reddit to overweight from equal weight Morgan Stanley said the engagement and ad pipelines for the social media platform are “flowing.” “We think it’s still early for RDDT’s platform as we expect RDDT’s engagement and advertising pipelines to drive industry leading…
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April 19, 2025
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