Trade hopes buoy Wall Street as China extends olive branch
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- S&P, Nasdaq drop on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices steady 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
Baker Hughes, a GE company (BHGE) Prices 115M Share Secondary Offering by General Electric (GE) at $21.50/Sh
September 12, 2019 5:57 AM EDTBaker Hughes, a GE company (NYSE: BHGE) announced today the pricing of a secondary offering (the offering) of 115 million shares of BHGE Class A common stock, par value $0.0001 per share (the Class A common stock) by General Electric Company (NYSE: GE) and GE Oil & Gas US Holdings I, Inc., GE Holdings (US), Inc. and GE Oil & Gas US Holdings IV, Inc. (collectively, together with GE, the selling stockholders) at a price to the public of $21.50 per share. The underwriters will have a 30-day option to purchase up to an additional... More
Baird Reiterates Outperform Rating on Apple (AAPL), Remains Buyers
September 11, 2019 9:18 AM EDTBaird analyst William Power reiterated an Outperform rating and $240.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "Yesterday we attended Apple's annual iPhone unveil. With iPhone/Watch updates largely evolutionary, as expected, services stole the show. We view the Apple TV+... More
