Industrials lead Dow to record high; tech boosts S&P, Nasdaq
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- S&P 500 falls as AI worries hit software makers
- Brent crude hits six-week high near $97 as Houthi strike targets Saudi Aramco
- Qualcomm stock surges 9.5% on Amazon AI deal & 25M share warrant
- Energy stocks rise premarket as oil prices climb on Middle East supply fears
- Novartis shares plunge 10% as failed drug trial clouds growth outlook
- Harry and Meghan surprised by King Charles' letter on their status
- Citi initiates UiPath coverage with Buy rating and $23 target
- S&P 500 falls as AI worries hit software makers
- WestPark Capital Starts Akebia Therapeutics (AKBA) at Buy
- After an 18% summer selloff in chip stocks, Citi asks what comes next
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
- After-Hours Movers: AVGO, SNOW, HPE, NTAP, NTSK, CHPT, FIVE, TLYS, PVH, RARE
- After-Hours Movers: DELL, PANW, GTLB, CRDO, MDB, HPE, SMCI
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- After-Hours Movers: NVDA, CRM, SNPS, CRWD, OKTA, NTNX
Microsoft (MSFT), Adobe (ADBE) & SAP (SAP) Announce Launch of Open Data Initiative
September 24, 2018 9:35 AM EDTOn Monday, the CEOs of Adobe (NASDAQ: ADBE), Microsoft (NASDAQ: MSFT) and SAP (NYSE: SAP) introduced the Open Data Initiative at the Microsoft Ignite conference. Together, the three longstanding partners are reimagining customer experience management (CXM) by empowering companies to derive more value from their data and deliver world-class customer experiences in real-time.
In today's world, data is a company's most valuable asset. However, many businesses struggle to attain a complete view of their customer interactions and operations, because they are unable... More
Nike (NKE) PT Raised to $96 at Stifel; 'Quality of Revenue to Buoy Margin'
September 24, 2018 6:30 AM EDTStifel analyst Jim Duffy raised the price target on Nike (NYSE: NKE) to $96.00 (from $90.00) while maintaining a Buy rating, following an update to the company's outlook ahead of the company's fiscal first quarter report.
Analyst Duffy notes an upbeat outlook on the... More
Red Hat (RHT) PT Lowered to $158 at BMO Capital
September 20, 2018 8:59 AM EDTBMO Capital analyst Keith Bachman lowered the price target on Red Hat (NYSE: RHT) to $158.00 (from $177.00) while maintaining a Market Perform rating.
Bachman notes while RHT had numerous positives in the Q, they think most will be overshadowed by the 8% y/y CC... More
William Blair Reiterates Outperform on Red Hat (RHT) Following Mixed 2Q
September 20, 2018 8:30 AM EDTWilliam Blair analyst, Jason Ader, reiterated an Outperform Red Hat (NYSE: RHT) following the company's 2Q. Red Hat delivered another mixed print as revenue missed consensus by roughly $2 million, non-GAAP EPS beat by $0.03, and billings beat consensus by $8 million.
With respect to the... More
