Highlights: Hedge funds chomped on FAANGs during first quarter tech turmoil
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- Wall St advances as Microsoft results ease AI spending fears
- 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 seeks new funds after rout - report
- Stocks gain on tech support, US 30-year yield near 2007 high
- Crude Inventory Fell 7.2 Million Barrels Last Week - EIA
- SoFi Technologies (SOFI) Tops Q2 EPS by 1c ; Offers Guidance
- Wall Street closes down sharply after Fed holds rates unchanged
- How will the S&P 500 react to today’s FOMC? JPM lays out the playbook
- Grant Thornton Advisors to buy CBIZ in $5 billion deal, expand US accounting reach
- 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
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Facebook (FB) PT Maintained at $225 at Goldman Sachs on User & Engagement Data Release for April
May 17, 2018 6:17 AM EDTGoldman Sachs maintained its price target on Facebook (NASDAQ: FB) at $225.00 while maintaining a Buy rating, following the release of U.S. internet usage data for the month of April.
Analyst Heather Bellini reiterates her outlook on the shares, as FB... More
Jack in the Box (JACK) Misses Q2 EPS by 5c, Miss on Revenues
May 16, 2018 4:09 PM EDTJack in the Box (NASDAQ: JACK) reported Q2 EPS of $0.80, $0.05 worse than the analyst estimate of $0.85. Revenue for the quarter came in at $209.77 million versus the consensus estimate of $211.35 million.
Third quarter fiscal year 2018 guidance
Same-store sales of approximately flat to up 1.0 percent at Jack in the Box... More