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- Wall St tumbles on tech selloff as concerns about hawkish Fed, AI spending mount
- SpaceX extends losses after $600 billion wipeout, tech stocks slide again
- Oil 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
Jefferies Remains Sidelined on Best Buy (BBY) Following 4Q
March 2, 2017 7:30 AM ESTJefferies reiterated a Hold rating and $43.00 price target on Best Buy (NYSE: BBY) following the company's 4Q earnings report. Relative to expectations, taxes helped 4Q EPS by $0.14, but the swing y-y in the rate was worth $0.10.
Analyst Daniel Binder commented, "While... More
