Dow, S&P weighed down by tariffs while tech boosts Nasdaq
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- Wall Street ends sharply higher, lifted by soaring Microsoft
- Microsoft surges 8% on strong revenue outlook, maintained capex guidance
- Meta sinks 8% after Q3 revenue forecast misses Wall Street estimates
- AI wizkid Leopold Aschenbrenner forced to sell entire portfolio after rout
- Microsoft rally lifts stocks, 30-year Treasury yield hits 19-year peak
- Wall Street ends sharply higher, lifted by soaring Microsoft
- KBR names its Mission Technology Solutions spinoff Trinzic
- AI wizkid Leopold Aschenbrenner forced to sell entire portfolio after rout
- Altria Group (MO) Misses Q2 EPS by 2c, Beats on Revenue; Offers FY26 EPS Guidance
- Rivian Automotive (RIVN) Tops Q2 EPS by 20c, Tops on Revenue; Delivers 12,194 EVs
- After-Hours Stock Movers: AAPL, AMZN, COIN, RBLX, RDDT, AXTI, FND, WU, GDDY
- After-Hours Stock Movers: META, MSFT, CMG, SBUX, CVNA, LRCX, FTNT, QCOM, TDOC
- After-Hours Stock Movers: F, BE, STX, WDC, KLAC, SWKS, NXPI, CSGP, ENPH
- After-Hours Stock Movers: FFIV, CDNS, APLD, RMBS, ESI, SANM
- After-Hours Stock Movers: INTC, AMD, ARM, MXL, EW, DECK
Stifel Reiterates Buy on Lumentum Holdings (LITE) Following Investor Meetings
March 14, 2018 7:03 AM EDTStifel reiterated a Buy rating and $79.00 price target on Lumentum Holdings (NASDAQ: LITE) following the company's investor sessions at the 2018 Optical Fiber Communication Conference and Exposition. Discussions focused primarily on 3D sensing, with additional touch points on the Oclaro acquisition, ROADMs, 400G timing,... More
Stifel Remains Neutral on Qualcomm (QCOM) as President Trump Blocks Acquisition by Broadcom
March 13, 2018 7:24 AM EDTStifel reiterated a Hold rating and $68.00 price target on Qualcomm (NASDAQ: QCOM) after president Trump singed an executive order blocking Broadcom's proposed acquisition of Qualcomm, citing national security concerns.
Details of the security risk are likely around 5G cellular technology. The... More
UPDATE: Broadcom (AVGO) to Review Order: 'Strongly Disagrees' with Trump Order Blocking Deal with Qualcomm (QCOM)
March 13, 2018 5:51 AM EDT(Updated - March 13, 2018 5:52 AM EDT)
Broadcom Limited (NASDAQ: AVGO) ("Broadcom") today issued the following statement:
Broadcom is reviewing the Order. Broadcom strongly disagrees that its proposed acquisition of Qualcomm (NASDAQ: QCOM) raises any national security concerns.
... MoreLoop Capital Downgrades Oclaro (OCLR) to Hold Following Acquisition
March 12, 2018 11:02 AM EDTLoop Capital downgraded Oclaro (NASDAQ: OCLR) from Buy to Hold with a price target of $10.00 after the company agreed to be acquired by LITE.
For an analyst ratings summary and ratings history on Oclaro click here. For more ratings news on Oclaro click here.
Shares of Oclaro closed at $7.85 yesterday.
... More