Energy leads Wall Street rebound as trade worries ease
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- Nasdaq, S&P end lower as tech stocks fall
- Micron posts record profit as AI memory demand fuels explosive growth
- Brent settles at lowest since before start of Iran war as more tankers exit Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Rescue work underway after quakes rock Venezuela, 'high casualties' likely
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
Amazon (AMZN) Announces Acquisition of PillPack
June 28, 2018 8:31 AM EDTAmazon (NASDAQ: AMZN) and PillPack today announced that they have entered into a definitive merger agreement under which Amazon will acquire PillPack. PillPack is a pharmacy designed to provide the best possible customer experience in the U.S. for people who take multiple daily prescriptions. PillPack delivers medications in... More
Lennar (LEN) PT Raised to $93 at BofA/Merrill Lynch
June 27, 2018 9:01 AM EDTBofA/Merrill Lynch raised its price target on Lennar (NYSE: LEN) to $93.00 (from $90.00) while maintaining a Buy rating following the company's 2Q earnings release. Analyst John Lovallo was very encouraged by LENs FY2Q results and expects strong execution to... More
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
