U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.01%
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- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
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- Needham Starts NeoVolta (NEOV) at Buy
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Salesforce (CRM) remains a top pick at BofA as demand holds
May 17, 2023 9:24 AM EDTBofA analyst Brad Sills raised the price target on Salesforce (NYSE: CRM) to $250 from $235, maintaining a Buy rating and reiterating the stock as a top pick.
Sills told investors in a note that channel checks suggest a stable first quarter, with demand... More
