Pentagon Conducting Review of Jedi Cloud Initiative - Bloomberg, Citing Pentagon CIO Dana Deasy
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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
Stifel Reiterates Buy on IBM (IBM) Ahead of 2Q Release
July 13, 2018 8:47 AM EDTStifel reiterated a Buy rating and $182.00 price target on IBM (NYSE: IBM) ahead of the company's 2Q earnings report. Analyst David Grossman estimates the appreciation of the USD is an incremental 100-150bp headwind to revenue growth over the next 6-18 months. Holding all else... More
Credit Suisse Reiterates Outperform on Microsoft (MSFT) Following Solid PC Shipment Data
July 13, 2018 7:33 AM EDTCredit Suisse reiterated an Outperform rating and $115.00 price target on Microsoft (NASDAQ: MSFT) following solid C2Q18 PC shipment data. The data was driven by a commercial refresh cycle, suggesting potential upside to CS/Street F4Q18 MPC estimates of... More

