Bernstein Warns on Tech Valuations
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- Wall St set to gain on tech rebound, Middle East in focus
- Oracle results beat estimates, but shares fall on plans for $40 billion raise
- Oil drops as Trump cancels planned strikes against Iran
- Intel rallies as BofA double-upgrades stock on increased CPU, foundry visibility
- Oppenheimer sees little strategic case for Tesla-SpaceX merger
- Needham Starts Hyliion Holdings (HYLN) at Buy
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Alibaba falls on China AI capex report; Citi says selloff is premature
- Crude Inventory Fell 7.2 Million Barrels Last Week, Says EIA
Netflix (NFLX) PT Raised to $460 at BofA/Merrill Lynch; 'Still More Upside... Drivers Include Pricing, Margins & India'
June 27, 2018 6:08 AM EDTBofA/Merrill Lynch raised its price target on Netflix (NASDAQ: NFLX) to $460.00 (from $352.00) while maintaining a Buy rating, following an update to the company's outlook.
Analyst Nat Schindler notes a positive outlook on the shares, citing NFLX's year-to-date performance, up 108% in 2018, while... More
Amazon (AMZN) Expands Whole Food Market Grocery Delivery Service to Major U.S. Cities in the Midwest
June 26, 2018 5:47 AM EDTAmazon (NASDAQ: AMZN) and Whole Foods Market today launched delivery of natural and organic products from Whole Foods Market through Prime Now in Chicago, Houston, Indianapolis, Minneapolis and San Antonio. Starting today, Prime members in those cities can shop through Prime Now for bestselling items including fresh produce, high quality meat and seafood, everyday staples and other locally sourced items from... More
