Market Wrap: Apple Falls, Can't Get Up; IMF Takes Grim Global View; Debt-Limit Lifted...for Now
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- Nasdaq lags on angst over AI spending ahead of earnings reports
- Elon Musk’s trillion-dollar meltdown: How SpaceX and Tesla erased $700 billion
- Intel jumps 10% after AI-fueled quarter crushes estimates, upbeat outlook
- Oil falls on report China pushing for end US-Iran war
- Why Meta, Microsoft, and Nvidia are championing open-weight AI
- Americold to wind down Ahold Delhaize facilities, take $305M charge
- AMD (AMD) PT Raised to $1,250 at Baird
- Pakistan, Iran explore path towards new talks with US in a China-initiated push, sources say
- Wall St falls as tech earnings spark AI spending worries and oil hits $100
- Did Google and Tesla just break AI trade’s bull case?
Icahn Says a Tender Offer Could Drive Herbalife (HLF) to $100
January 25, 2013 12:59 PM ESTCarl Icahn says there could be a tender offer on Herbalife (NYSE: HLF), creating a short squeeze and the stock could go to $100.
Ackman said no one would make a tender offer for HLF.... More
Bill Ackman Defends His Action on Herbalife (HLF)
January 25, 2013 12:26 PM ESTIn a CNBC interview, Bill Ackman defended his action on Herbalife (NYSE: HLF) after an attack from Carl Icahn on the approach he took.
Ackman notes that Mr. Icahn used the same conference (Ira Sohn) in 2002 and 2003 to discuss some of his short... More
FBR Capital Latest to Cut Apple (AAPL), But Says Catalysts Could Create a Floor
January 25, 2013 11:37 AM ESTWhile most on Wall Street slashed their price target on Apple (NASDAQ: AAPL) on Thursday, FBR Capital's Scott Thompson waited a day. In a report out this morning, Thompson cut his price target from $675 to $625, while maintained an Outperform rating.
He noted iPhone, iPad, and Mac unit volumes and ASPs were below our/consensus expectations and well below levels necessary to serve as a much needed positive catalyst for the shares.
While the Q1 report was... More
Netflix (NFLX) Rips Short Sellers Heart Out; Icahn and Tilson Count Gains
January 25, 2013 11:04 AM ESTAfter Thursday's 42 percent surge on the back of better-than-expected fourth quarter results and outlook, Netflix, Inc. (NASDAQ: NFLX) continues to rip the hearts out of short sellers. Shares of the Internet video company are up another 12.4 percent early Friday to $165.11.
The latest short... More
