Wall Street closes sharply lower on tech selloff
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- US stocks gain as surprise payrolls fall quells rate-hike fears
- US nonfarm payrolls unexpectedly decline in July; unemployment rate eases to 4.1%
- Oil prices drop as investors weigh potential Hormuz deal between Iran and Gulf states
- Atlassian results seen as 'game changer' for AI kills software worries
- The Trade Desk hit by Wall St downgrades after disappointing Q2 results, outlook
- Trump held multiple undisclosed calls with Fed Chair Warsh, reports say
- Stocks close lower as investors eye Mideast talks, earnings
- Apollo to acquire easyJet for £5.7B in cash deal
- Citi says buy the pullback in memory stocks as upcycle is still in early innings
- The Trade Desk Inc. (TTD) Tops Q2 EPS by 16c, Misses on Revenue; Offers Weak Q3 Revenue Guidance
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Twitter, Inc. (TWTR) PT Raised to $40 at Canaccord Genuity
July 24, 2020 8:08 AM EDTCanaccord Genuity analyst Maria Ripps raised the price target on Twitter, Inc. (NYSE: TWTR) to $40.00 (from $32.00) while maintaining a Hold rating following the company's 2Q. Twitter's Q2 results showed a continued acceleration of user growth, up to a record~34% y/y (vs. +24% in Q1),... More
Stifel Reiterates Hold Rating on Twitter, Inc. (TWTR) Following Earnings
July 23, 2020 9:08 AM EDTStifel analyst John Egbert reiterated a Hold rating and {REMOVEPT} price target on Twitter, Inc. (NYSE: TWTR)
The analyst comments "Twitter (TWTR, Hold, $36.94) released 2Q earnings this morning with revenue coming below Street estimates by ~3%, while GAAP operating income came in moderately better than... More
Tesla (TSLA) PT Raised to $2,209 at Oppenheimer
July 23, 2020 8:34 AM EDTOppenheimer analyst Colin Rusch raised the price target on Tesla (NASDAQ: TSLA) to $2,209.00 (from $968.00) while maintaining an Outperform rating.
The analyst commented, "TSLA posted top- and bottom-line 2Q upside on better than expected ASPs and Automotive GM ex-regulatory credits. In addition.... More
