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StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- FedEx falls 4% as FY2027 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- 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
Amazon.com (AMZN) PT Raised to $230 at MoffettNathanson
April 22, 2024 6:21 AM EDTMoffettNathanson analyst Michael Morton raised the price target on Amazon.com (NASDAQ: AMZN) to $230.00 (from $228.00) while maintaining a Buy rating.
The analyst comments "With Amazons FY24 consensus EBIT estimates revised +60% higher in the last twelve months and the equity +64% vs. S&P +20%, one would be forgiven for thinking all the juice has been squeezed. Our forecasts suggest theres more. Whats the basis of... More
Amazon (AMZN) Earlier Said To Receive Comment at Channel Check Firm
April 18, 2024 9:30 AM EDTAmazon (NASDAQ: AMZN) Earlier Said To Receive Comment at Channel Check Firm.
"Advertisement yy spending growth on Amazon accelerated slightly during 1Q24, fueled by strong performance in search and incremental adoption of Amazon's DSP."... More