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- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- 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
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Yelp (YELP) Adds to Early Gains Post-EPS; Shares up 21%
August 9, 2018 9:44 AM EDTYelp (NYSE: YELP) adds to early gains following results following solid results and guidance after the close. Shares are up 21% on volume that is running 123x the norm.
... MoreYelp (YELP) PT Raised to $53 at RBC Capital
August 9, 2018 8:54 AM EDTRBC Capital raised its price target on Yelp (NYSE: YELP) to $53.00 (from $52.00) while maintaining an Outperform rating.
Analsyt Mark Mahaney noted PAAs (Paying Advertising Accounts) increased by a record 17K and Traffic trends were neutral to positive. He said the non-term ad shift seems to be working.
... More