Energy, transport stocks lift Wall Street, IBM drags
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- Wall St tumbles on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil drops $1 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
United Continental (UAL) PT Raised to $90 at BofA/Merrill Lynch
April 19, 2018 9:01 AM EDTBofA/Merrill Lynch raised its price target on United Continental (NYSE: UAL) to $90.00 (from $86.00) while maintaining a Buy rating following results.
Analyst Andrew Didora noted more evidence of improving corporate travel.
... MoreIBM (IBM) PT Maintained at $150 at Bernstein on 1Q Report; 'Revenue Growth Elusive... Despite Strong Set of Tailwinds'
April 18, 2018 1:07 PM EDTBernstein maintained its price target on IBM (NYSE: IBM) at $150.00 while maintaining a Market Perform rating, following the company's first quarter earnings report.
Analyst A.M. (Toni) Sacconaghi Jr. notes "messy results" for the company, as IBM delivered revenue growth below the management's... More
