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- Wall Street ends higher as SpaceX's market debut dominates
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Brent falls to lowest since March on expected peace deal
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Adobe CFO Dan Durn to depart company in June 2026
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Super Micro Computer establishes $1.25 billion stock sale agreement
Microsoft (MSFT) set to lay off 1,900 gaming division employees
January 25, 2024 10:00 AM ESTAccording to a report from The Verge, Microsoft (NASDAQ: MSFT) is laying off 1,900 workers at Activision Blizzard and Xbox this week.
A memo from Microsoft Gaming CEO Phil Spencer, seen by the publication, says the layoffs will primarily be at Activision... More
Verizon Communications (VZ) PT Raised to $50 at Tigress Financial Partners
January 25, 2024 9:03 AM ESTTigress Financial Partners analyst Ivan Feinseth raised the price target on Verizon Communications (NYSE: VZ) to $50.00 while maintaining a Buy rating.
The analyst comments "We reiterate our Buy rating on VZ and increase our 12-month target price to $50 as 2023 was highlighted by strong subscriber and cash flow growth, completing a turnaround, and should see further acceleration in 2024, driving a recovery in revenue and cash flow growth, which, combined with its significant dividend yield, will continue to create a compelling investment opportunity. VZ recently reported Q4 results highlighting strong subscriber and cash flow growth... More
Netflix (NFLX) PT Raised to $555 at Citi
January 25, 2024 8:15 AM ESTCiti analyst Jason Bazinet raised the price target on Netflix (NASDAQ: NFLX) to $555.00 (from $500.00) while maintaining a Neutral rating.
The analyst comments "Netflix reported 4Q23 revenue, operating income, and net additions above consensus. Along with the print, management guided 1Q24 revenue of $9.24 billion,... More
