According to Stock Talk (@stocktalkweekly), BMO Capital has raised its price target for Celestica (CLS) to $130 from $118, while reiterating its Outperform rating. This decision follows recent investor meetings with Celestica's management, where the firm's outlook and growth trajectory were reaffirmed. For crypto traders, the bullish revision on CLS, a key player in electronics manufacturing for AI and semiconductor sectors, signals sustained institutional confidence in tech infrastructure stocks, potentially supporting investor sentiment across AI-related crypto tokens and blockchain supply chain projects. (Source: Stock Talk, May 22, 2025)

According to The Kobeissi Letter, Nasdaq 100 futures have dropped by 250 points following the US government's decision to ban the sale of Nvidia's H20 chips to China. This move has significant implications for tech stocks, particularly within the semiconductor sector, impacting short-term trading strategies as investors react to heightened geopolitical tensions and potential supply chain disruptions.