Global stocks soar on surprise China rate cut
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- S&P 500, Nasdaq futures tick up as tech steadies, Micron earnings eyed
- Brent extends losses on expectations of smoother crude flows via Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Oil market losses easing as nearly 80% of disrupted supply returns, UBS says
- 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
Amazon (AMZN) PT Raised to $750 at Stifel
October 23, 2015 11:51 AM EDTStifel analyst Scott Devitt reiterated a Buy rating and boosted his price target on Amazon.com (NASDAQ: AMZN) to $750.00 (from $700.00).
Devitt commented, "Amazon reported another impressive quarter as revenue was in-line with our above consensus estimate and CSOI significantly exceeded our and consensus... More

