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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
- KKR launches Helix with over $10 billion to build AI infrastructure
Jefferies Reiterates Buy on Oracle (ORCL) Following 1Q Report
September 16, 2016 7:28 AM EDTJefferies reiterated a Buy rating and $51.00 price target on Oracle (NYSE: ORCL) following the company's 1Q earnings report. ORCL reported Non-GAAP EPS of $0.55 on total revenue of $8.595B, compared to the consensus estimates of $0.58 and $8.703B.
Analyst John DiFucci... More
