Wall St. closes higher after Fed vows more support for the virus-battered economy
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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 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
- 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
Edward Jones Reiterates Buy Rating on Amazon.com (AMZN), Remains on Stock Focus List
July 31, 2020 5:15 AM EDTEdward Jones analyst Brian Yarbrough reiterated a Buy rating and {REMOVEPT} price target on Amazon.com (NASDAQ: AMZN).
Remains on Edward Jones Stock Focus List.For an analyst ratings summary and ratings history on Amazon.com... More
AMD (AMD) PT Raised to $90 at Cowen
July 29, 2020 8:02 AM EDTCowen analyst Matthew Ramsay raised the price target on AMD (NASDAQ: AMD) to $90.00 (from $65.00) while maintaining an Outperform rating.
The analyst commented, "AMD's strong results and (more importantly) consistency of product execution stood in stark contrast to Intel's roadmap stumbles. 2Q results and well-above-consensus... More
AMD (AMD) PT Raised to 'Street High' $120 at Rosenblatt on Multiple Tailwinds
July 29, 2020 7:30 AM EDTRosenblatt analyst Hans Mosesmann raised the price target on AMD (NASDAQ: AMD) to $120.00 (from $70.00) while maintaining a Buy rating, citing multiple tailwinds heading into the 2nd-half of 2020 and 2021, including strong share gains.
The analyst commented, "Strong beat and raise with AMD enjoying a multitude of tailwinds in 1H20 with server EPYC2 (Rome)... More
General Dynamics (GD) Tops Q2 EPS by 3c, Revenues Beat
July 29, 2020 7:08 AM EDTGeneral Dynamics (NYSE: GD) reported Q2 EPS of $2.18, $0.03 better than the analyst estimate of $2.15. Revenue for the quarter came in at $9.26 billion versus the consensus estimate of $8.95 billion.
"We have continued to operate throughout the COVID-19 pandemic, meeting our customers' needs while... More

