Exxon Mobil, Morgan Stanley, Polestar fall premarket; Walgreens, Plug Power rise
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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
- Buy gold stocks as valuations are cheap amid macro tension: BofA
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- Needham Starts NeoVolta (NEOV) at Buy
- Spain's ex-transport minister sentenced to 24 years for corruption
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
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2024 networking spend concerns prompt Arista Networks (ANET) downgrade at Piper Sandler
October 11, 2023 1:59 PM EDTPiper Sandler analyst James Fish downgraded shares of Arista Networks (NYSE: ANET) to Neutral, maintaining a $190 price target on the stock in a note Wednesday.
The analyst described the stock as a "secular winner in a cyclical space" but noted that... More
Moffett Nathanson has 51 billion reasons to buy this technology powerhouse for 2024
October 11, 2023 10:52 AM EDTWhen it comes to tech stock, many investors don't need much convincing to jump in. Especially when it is one of the major players in the market.
Nevertheless, Moffett Nathanson analyst Michael Morton said in a note Wednesday that his firm sees 51 billion reasons to buy the shares of tech powerhouse Amazon (NASDAQ: AMZN) for 2024.
The analyst commented that a company the size of Amazon will always have something... More
Plug Power (PLUG) Sees FY23 Revenue of $1.2B, FY27 Revenue of $6B, and FY30 Revenue of $20B - Slides
October 11, 2023 9:02 AM EDTPlug Power (NASDAQ: PLUG) Sees FY23 Revenue of $1.2B, FY27 Revenue of $6B, and FY30 Revenue of $20B - Slides
