Wall Street falls on investor nerves about interest rates, tech
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- S&P 500, Nasdaq fall, dragged by Alphabet and megacap tech; focus on Iran
- Oil falls almost 4% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Companies to add 40 million barrels of oil to US SPR after Iran war ends, energy secretary says
- China makes small dent in deflation battle as supply-demand imbalance persists
Intel (INTC) PT Raised to $54 at RBC Capital Into Print; Sees Upside
April 24, 2018 1:29 PM EDTRBC Capital analyst Amit Daryanani raised his price target on Intel (NASDAQ: INTC) to $54.00 (from $46.00) while maintaining a Sector Perform rating ahead of results on April 26. Daryanani sees Intel well positioned for upside.
"We expect INTC to print upside vs. consensus... More
Stifel Remains Sidelined on Facebook (FB) Ahead of 1Q Release
April 23, 2018 8:27 AM EDTStifel reiterated a Hold rating and $168.00 price target on Facebook (NASDAQ: FB) ahead of the company's 1Q earnings report. Analyst Scott Devitt forecasts 1Q revenue to increase +42% y/y to ~$11.43B (versus the Streets estimate of $11.41B), with ad revenue increasing +43%... More
Procter & Gamble (PG) PT Lowered to $79 at RBC Capital
April 23, 2018 7:36 AM EDTRBC Capital lowered its price target on Procter & Gamble (NYSE: PG) to $79.00 (from $80.00) while maintaining a Sector Perform rating.
... MoreApple (AAPL) Attempts to Bounce Off Low, Down 2.8% at $168 vs $166.7 Low
April 20, 2018 10:40 AM EDTApple (NASDAQ: AAPL) Attempts to Bounce Off Low, Down 2.8% at $168 vs $166.7 Low
... MoreGoldman Sachs Remains Sidelined on General Electric (GE) Following 1Q
April 20, 2018 9:22 AM EDTGoldman Sachs reiterated a Neutral rating and $14.00 price target on General Electric (NYSE: GE) following the company's 1Q earnings report. GE reported adjusted 1Q18 EPS of $0.16 vs. the FactSet consensus of $0.12.
GE delivered a clean segment EBIT beat and maintained the 2018 EPS guide... More
Morgan Stanley Remains Bullish on Philip Morris (PM)
April 20, 2018 9:11 AM EDTMorgan Stanley reiterated an Overweight rating and $123.00 price target on Philip Morris (NYSE: PM) following the company's 1Q earnings report. PMs stock suffered its largest-ever single day decline following the results which meaningfully beat on EPS ($1.00, vs. consensus $0.88) but faced both modest fundamental... More
Procter & Gamble (PG) PT Lowered to $75 at JPMorgan
April 20, 2018 8:23 AM EDTJPMorgan lowered its price target on Procter & Gamble (NYSE: PG) to $75.00 (from $80.00) while maintaining a Neutral rating following the company's 3Q earnings report. PGs reported organic sales growth of +1% was a 100bps sequential deceleration on reported figures from 2Q. Management now expects... More
Honeywell (HON) is Aggressively Pursuing Acquisitions, Doesn't Anticipate Megadeals, Deals Likely in Range of $3B or Less - Bloomberg, Citing CEO
April 20, 2018 8:09 AM EDTHoneywell (NYSE: HON) is Aggressively Pursuing Acquisitions, Doesn't Anticipate Megadeals, Deals Likely in Range of $3B or Less - Bloomberg, Citing CEO
... More