Global PC Shipments Fell 10.8% in Q3 - IDC (MSFT) (AAPL) (HPQ)
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- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
RBC Capital Raises Price Target on Intel (INTC) Ahead of 3Q Results
October 12, 2015 11:30 AM EDTRBC Capital reiterated a Sector Perform rating on Intel (NASDAQ: INTC), and raised the price target to $33.00 (from $29.00), ahead of the company's 3Q15 earnings results. INTC guided to $14.3B in Q3 revenue, up 8% q/q, above 5-year historical seasonality at 4.5%... More
UBS Reiterates Buy on Microsoft (MSFT) as Shares Trade up
October 12, 2015 8:44 AM EDTUBS reiterated a Buy rating and $52.00 price target on Microsoft (NASDAQ: MSFT) as company shares trade up over the past 3 months. The stock has had a hard time trending out of the $40-50 range, and UBS thinks that investors are still searching for a bottom.
Analyst Brent Thill commented, "MSFT shares have traded up ~6% over... More
Wedbush Reiterates Neutral on Advanced Micro Devices (AMD) Ahead of 3Q15 Results
October 12, 2015 8:32 AM EDTWedbush reiterated a Neutral rating and $2.00 price target on AMD (NASDAQ: AMD) ahead of the company's 3Q15 earnings results. AMD plans to reduce headcount by approximately 5% from its current levels and expects to realize savings of about $2MM. AMD will report Q3... More

