Technology rout pushes Nasdaq to lowest close since 2014
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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
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
MKM Partners Reiterates Buy on Amazon.com (AMZN) After Updating Estimates
February 8, 2016 10:51 AM ESTMKM Partners reiterated a Buy rating and $800.00 price target on Amazon.com (NASDAQ: AMZN) after updating estimates to reflect a lower operating margin outlook in Q1 guidance.
Analyst Rob Sanderson commented, "We are updating our estimates to reflect a lower operating... More
Mizuho Securities Cuts Price Target After Tableau Software (DATA) Reports First Ever License Sales Miss
February 5, 2016 8:37 AM ESTMizuho Securities maintained a Neutral rating on Tableau Software (NYSE: DATA), and cut the price target to $55.00 (from $80.00), following the company's 4Q earnings report. Tableau reported total revenues slightly above estimates. However, license sales of $133mm missed consensus' $135mm for the first time... More
LinkedIn (LNKD) PT Cut to $180 at Nomura
February 5, 2016 7:49 AM ESTNomura Securities analyst Anthony DiClemente cut his price target on LinkedIn (NYSE: LNKD) to $180.00 (from $235.00) but maintained a Buy rating.
DiClemente commented, "Though LinkedIn reported upside to 4Q revenue (and material upside to EBITDA and EPS), guidance proved more conservative than expected, sending the... More

