S&P 500 slumps as rout in retailers, tech bites
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- Nasdaq, S&P 500 futures rise ahead of key jobs report
- Oil rallies for the week as U.S.-Iran fighting resumes; diesel hits record high
- Fed’s Waller open to September rate hold - if disinflation holds up
- Broadcom raises AI chip forecast as Big Tech keeps writing bigger checks
- Nvidia to acquire AI platform Hugging Face in landmark $12.9B deal
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Macquarie says Microsoft (MSFT) is ‘more committed than ever’ to ATVI closure
February 22, 2023 3:56 PM ESTMacquarie Research maintained a Neutral rating on Microsoft (NASDAQ: MSFT) after closely monitoring reports and developments around the proposed MSFT/ATVI deal.
Analyst Sarah Hindlian-Bowler wrote in a note, The news batch was broad and disparate in terms of relevance, but in totality we believe the events of the past week(s), together with our own assessment of possible motivations and the possible relevance of corporate actions lead us to conclude that MSFT no stranger to legal battles over 3 decades and counting is more committed than ever to closure, and recent actions... More
Walmart (WMT) PT Raised to $155 at Evercore ISI, Removes from Tactical Outperform List
February 22, 2023 5:00 AM ESTEvercore ISI analyst Greg Melich raised the price target on Walmart (NYSE: WMT) to $155.00 (from $150.00) while maintaining a In Line rating.
Removes from Tactical Outperform List... MoreHome Depot (HD) PT Lowered to $340 at Evercore ISI, Removes from Tactical Underperform List
February 22, 2023 5:00 AM ESTEvercore ISI analyst Greg Melich lowered the price target on Home Depot (NYSE: HD) to $340.00 (from $370.00) while maintaining a Outperform rating.
Removes from Tactical Underperform List.... More