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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
Goldman Sachs Reiterates Conviction Buy Rating on IBM (IBM)
October 24, 2024 6:18 AM EDTGoldman Sachs analyst James Schneider reiterated a Conviction Buy rating and $250.00 price target on IBM (NYSE: IBM)
The analyst comments "Key stock takeaways: We expect the stock to pull back following results, as strength in Software was offset by a revenue miss in Consulting and Infrastructure, with tepid Consulting revenue likely continuing into early 2025.... More

