Energy, financial stocks give Wall St. modest lift
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- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Oil price dips to $100 on hopes of US-Iran diplomacy, partial recovery in Saudi exports
- Paramount, Warner Bros jump on report of settlement progress in merger fight
- Investors may be underpricing how far rate hikes could go, Deutsche says
- Far-left party wins Berlin election, pledging to nationalise housing
- Cybercrime feud erupts on dark web as notorious group claims hijack of rival's website
- Pennsylvania measles cases near 800 as outbreak grows
- A timeline of Trump administration moves to weaken endangered species protections
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
Piper Jaffray Raises Price Target on Electronic Arts (EA) to $88 Following 1Q
August 3, 2016 8:09 AM EDTPiper Jaffray reiterated an Overweight rating on Electronic Arts (NASDAQ: EA), and raised the price target to $88.00 (from $87.00), following the company's 1Q earnings report. EPS was $0.07, ahead of the Street's estimate at -$0.02. However, Non-GAAP revenue of $682M missed the Street at $651M. EA maintained FY2017 guidance for rev of $4.9B... More
Time Warner's (TWX) Hulu Stake Said to Value Company at ~$5.83B
August 3, 2016 7:42 AM EDTTime Warner (NYSE: TWX) said to spend $583 million for 10 percent Hulu stake, according to Bloomberg headlines.
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