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StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- 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
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Evercore ISI Positive on Microsoft (MSFT): 'The Trend Is Your Friend...Long-Term AI Opportunity'
March 7, 2024 4:58 AM ESTEvercore ISI analyst Kirk Materne reiterated an Outperform rating and $475.00 price target on Microsoft (NASDAQ: MSFT)
The analyst comments "As we pass the one-year anniversary point of Microsofts very first Copilot announcement, the Copilot For the Web, we wanted to update our long-term Gen AI framework that we initially published in June 2023. Since our first report Microsoft has made significant headway around Gen AI monetization and we now have greater clarity into pricing for... More
