Midday movers: FedEx soars; Nike, Lululemon and Tesla fall
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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
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Apple-Baidu AI cooperation likely 'driven by regulatory concerns' - Citi
March 26, 2024 10:11 AM EDTCiti analysts said in a note Tuesday that Apple's (NASDAQ: AAPL) reported cooperation with Baidu (NASDAQ: BIDU) on AI is mostly driven by regulatory concerns.
Yesterday, WSJ reported Apple is set to use Baidu's... More
'Tesla may be witnessing price-cut fatigue with consumers' - Morgan Stanley
March 25, 2024 9:42 AM EDTMorgan Stanley maintained an Overweight rating on Tesla (NASDAQ: TSLA) in a note Monday but said it thinks the electric vehicle giant "may be witnessing price-cut fatigue with consumers."
The firm, which also maintained a $320 per share price target on the... More
