S&P, Dow advance on trade optimism; Nvidia sinks Nasdaq
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- Nasdaq futures drop over 2% on concerns over AI buildout costs, Fed rate outlook
- Nasdaq 100 set to shed over $1 trillion as tech selloff deepens; SpaceX slides
- Oil prices fall as investors focus on Hormuz flows after peace talks
- SpaceX slides, tech stocks dip — what’s moving markets
- Deutsche Bank cuts gold outlook as Fed repricing weighs on prices
- Spain's ex-transport minister sentenced to 24 years for corruption
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- 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
Imperial Capital Reiterates Outperform on Netflix (NFLX) After Updating Estimates
November 16, 2018 9:12 AM ESTImperial Capital analyst, David Miller, reiterated an Outperform rating and $459.00 price target on Netflix (NASDAQ: NFLX) after updating estimates. For 2018, Miller raised estimates to account for higher subscriber retention and new additions. For 2019, Imperial Capital modestly lowered estimates to account for a... More
NVIDIA (NVDA) PT Lowered to $245 at JPMorgan
November 16, 2018 9:03 AM ESTJPMorgan analyst Harland Sur lowered the price target on NVIDIA (NASDAQ: NVDA) to $245.00 (from $255.00) while maintaining an Overweight rating.
Sur notes the near-term softness on excess channel inventory but said secular growth in datacenter and gaming is still intact.
... MoreNordstrom (JWN) PT Lowered to $73 at Goldman Sachs; Maintains Top Rating
November 16, 2018 9:01 AM ESTGoldman Sachs analyst Alexandra Walvis lowered the price target on Nordstrom (NYSE: JWN) to $73.00 (from $74.00) while maintaining a Conviction Buy rating following "noisy" Q3 results.
Walvis said the underlying thesis is still intact. "While a 3Q shortfall in full price comps and gross... More
Applied Materials (AMAT) PT Lowered to $56 at KeyBanc
November 16, 2018 8:54 AM ESTKeyBanc analyst Weston Twigg lowered the price target on Applied Materials (NASDAQ: AMAT) to $56.00 (from $71.00) while maintaining a Overweight rating.
Twigg commented, "AMAT posted in-line F4Q results but offered soft F1Q guidance as all segments will likely decline sequentially. Still, AMAT noted... More
Applied Materials (AMAT) PT Lowered to $59 at Credit Suisse
November 16, 2018 8:44 AM ESTCredit Suisse analyst John Pitzer lowered the price target on Applied Materials (NASDAQ: AMAT) to $59.00 (from $73.00) while maintaining a Outperform rating.
... More