Indexes drop from record highs, but tally strong weekly gains
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StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil drops $1 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
UPDATE: MKM Partners Upgrades Uber Inc. (UBER) to Buy
February 7, 2020 7:45 AM EST(Updated - February 7, 2020 9:15 AM EST)
(updated to add analyst comments)
MKM Partners analyst Rohit Kulkarni upgraded Uber Inc. (NYSE: UBER) from Neutral to Buy with a price target of $45 (from $34).
The analyst commented, "Uber reported a somewhat mixed quarterly result with Bookings, Take Rate, Revenue, and Adj. EBITDA coming in above... More
