Nasdaq Composite falls 2.7%, heading for biggest drop since 2012
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- Wall St rebounds with broad gains as oil slides sharply
- Brent hits lowest since before start of Iran war as more tankers exit Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- JPMorgan raises S&P 500 target to 7,800, says earnings revision ’unprecedented’
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Nasdaq, Tech Stocks Continue Seeing Pressure
April 7, 2014 2:14 PM EDTChina Internet stocks are seeing some modest pressure Monday on speculation that recent gains over the last fw years might mean that the stocks are somewhat overvalued.
Adding to fears is the upcoming IPO of Sina's (Nasdaq: SINA) Weibo. The company plans to sell... More
