Surging chip stocks propel S&P 500 and Nasdaq to records
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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
- 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
- KKR launches Helix with over $10 billion to build AI infrastructure
Facebook (FB) PT Raised to $235 at Nomura/Instinet
July 25, 2019 7:10 AM EDTNomura/Instinet analyst Mark Kelly raised the price target on Facebook (NASDAQ: FB) to $235.00 (from $226.00) while maintaining a Buy rating following the company's 2Q earnings report. FB reported Ad Revenue of $16.6bn, vs. consensus of $16.2bn. EPS of $1.99 came in ahead of consensus of... More
Texas Instruments (TXN) PT Raised to $150 at BMO Capital
July 24, 2019 7:55 AM EDTBMO Capital analyst Ambrish Srivastava raised the price target on Texas Instruments (NASDAQ: TXN) to $150.00 (from $130.00) while maintaining an Outperform rating following results.
"Nobody is immune to cycles, but we think of TXN as a multi-year compounder," the analyst commented.
... More