Futures lower, Salesforce to report, Tesla's Roadster - what's moving markets
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StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
salesforce.com (CRM) PT Raised to $330 at Macquarie
February 29, 2024 8:36 AM ESTMacquarie analyst Sarah Hindlian-Bowler raised the price target on salesforce.com (NYSE: CRM) to $330.00 (from $300.00) while maintaining a Outperform rating.
The analyst comments "CRM delivered again in the final quarter of FY'24; posting revenue of $9.29bn (FactSet cons. $9.22bn) and healthy 12%... More
Tesla (TSLA) Megapack business could be worth 'substantially more' than car business - analyst
February 29, 2024 8:33 AM ESTAnalysts at RBC Capital believe Tesla's (NASDAQ: TSLA) Megapack utility-grade battery storage business could be worth substantially more than its standalone car business.
The firm, which has an Outperform rating and a $297 price target on Tesla, said the Elon Musk-led company... More
Funds have rotated into tech-heavy markets, mainly at the expense of Europe - HSBC
February 28, 2024 11:43 AM ESTAccording to analysts at HSBC, funds have rotated into tech-heavy markets, mainly at the expense of Europe. The firm said in a note that European funds are cutting their cyclical exposure relative to defensives.
"Despite a slower than expected fall in bond yields, signals of a delayed decline in interest rates by the major central banks, geopolitical tensions in the Middle... More
The TJX Companies (TJX) PT Raised to $92 at CFRA
February 28, 2024 10:10 AM ESTCFRA analyst Zachary Warring raised the price target on The TJX Companies (NYSE: TJX) to $92.00 (from $85.00) while maintaining a Hold rating.
The analyst comments "We raise our 12-month target by $7 to $92, based on 22.4x our FY 25 EPS view and in line with the... More
