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- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- FedEx falls 4% as FY2027 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- 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
Wedbush Reiterates Outperform Rating on Alphabet (GOOGL) Following 4Q
February 4, 2020 7:28 AM ESTWedbush analyst Michael Pachter reiterated an Outperform rating and $1,625.00 price target on Alphabet (NASDAQ: GOOGL) following the company's 4Q earnings report. Revenue was $46.08 billion, compared with consensus of $46.94 billion. Results in Q4 were driven by Search, YouTube, and Cloud, offset somewhat by a difficult... More
Facebook (FB) Announces Drew Houston to Board
February 3, 2020 4:10 PM ESTFacebook (NASDAQ: FB) today announced that Drew Houston, co-founder and CEO of Dropbox, has been appointed to the company's board of directors, effective immediately.
Mark Zuckerberg, founder and CEO of Facebook, said: "Drew brings valuable perspective to our board as a leader of a technology company with services used by millions of people and businesses. He thinks deeply... More
