U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.51%
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StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending 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
BofA Securities Reiterates Buy Rating on NVIDIA (NVDA), Top Pick, 'Compelling growth at compelling valuation'
September 5, 2024 9:53 AM EDTBofA Securities analyst Vivek Arya reiterated a Buy rating and $165.00 price target on NVIDIA (NASDAQ: NVDA).
The analyst comments "Reiterate Buy, top sector pick, $165 PO. Near-term NVDA faces several headwinds including: 1) fundamental (Blackwell delay, gross margin pressure), 2) regulatory (potential DOJ probe), 3) perceptional (competition,... More
Citi on Verizon Communications (VZ) Bid for Frontier (FYBR): 'The deal has favorable industrial logic'
September 5, 2024 7:42 AM EDTCiti analyst Michael Rollins reiterated a Buy rating and $47.00 price target on Verizon Communications (NYSE: VZ).
The analyst comments "Verizon announced the acquisition of Frontier (FYBR) for $38.50 per share in an all-cash deal. Run-rate cost synergies established at $500 million. Verizon reaffirmed 2024 guidance and... More
