Wall Street rises after release of 'dovish' Fed minutes
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- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
UBS Cuts Price Target on Alcoa (AA) Following 7c EPS Miss
October 9, 2015 9:09 AM EDTUBS maintained a Buy rating on Alcoa (NYSE: AA), and cut the price target to $12.50 (from $13.00), following the company's 3Q15 earnings results. AA reports adjusted EPS of $0.07 vs. consensus of $0.14.
Analyst Brian MacArthur commented, "AA reported adjusted EPS of $0.07 vs. UBSe of $0.12 and... More
