Microsoft and Alphabet earnings, First Republic slips - what's moving markets
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StreetInsider.com Top Tickers, 6/24/2026
- Nasdaq, S&P end lower as tech stocks fall
- Micron posts record profit as AI memory demand fuels explosive growth
- Brent settles at lowest since before start of Iran war as more tankers exit Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- UBS Reiterates Buy Rating on Snowflake Inc. (SNOW)
Goldman First Take on Meta (META) Q1 2023 Earnings Report: 'expect investors to have an initial positive reaction'
April 26, 2023 4:44 PM EDTGoldman Sachs analyst Eric Sheridan reiterated a Buy rating and $2,455.00 price target on Meta Platforms Inc. (NASDAQ: META).
The analyst comments "We would expect investors to have an initial positive reaction to META's Q1 23 earnings report with a strong set of results that focused on a few key themes: 1) Q1... More
Raymond James Said to Defend Activision Blizzard (ATVI)
April 26, 2023 10:27 AM EDTRaymond James Said to Defend Activision Blizzard (NASDAQ: ATVI)
"We would be buyers of ATVI on the pullback"... MoreEvercore ISI Stays Outperform on Microsoft (MSFT): 'this announcement should not distract from the broader narrative around cloud/AI'
April 26, 2023 9:26 AM EDTEvercore ISI analyst Kirk Materne reiterated an Outperform rating and $337.00 price target on Microsoft (NASDAQ: MSFT).
The analyst comments "In a somewhat surprising move after a lot of back/forth between the two parties, the CMA denied Microsofts acquisition of Activision based on concerns about the downstream implications on the cloud gaming market. There are a lot of potential long-term implications for tech M&A that are worth discussing at another time, but the bottom line as it relates to MSFT/ATVI is that the process from here... More
Stifel on Activision Blizzard (ATVI): 'we value the business in the mid/ high $80s/share range'
April 26, 2023 8:06 AM EDTStifel analyst Drew Crum reiterated a Buy rating on Activision Blizzard (NASDAQ: ATVI).
The analyst comments "What happened? The CMA's ruling centered on concerns about competition within the nascent cloud gaming market. From the time the deal was announced in January '22, the antitrust focus was exclusivity of games (i.e., Call of Duty) on Xbox. And recent commentary from the U.K. suggested such... More
First Republic Bank (FRC) Quickly Extends Decline, Down Another 24%
April 26, 2023 7:15 AM EDTFirst Republic Bank (NYSE: FRC) Quickly Extends Decline, Down Another 24%
Dropped 50% Yesterday Customers had withdrawn $100 billion during the crisis... More