Watch those tech stocks.
The Tech Trade
The once hot tech trade is again under siege. Bearish comments from a KLA-Tencor KLAC executive on Thursday and a continued sell-off in Facebook FB are red flags for the bulls.
Goldman On Apple
Goldman Sachs is coming out more upbeat on Apple AAPL ahead of the tech giant’s Sept. 12 product event. The investment bank cites Apple’s services business as a key factor in lifting their price target on the stock to $240 from $200.
Around TheStreet
Pernard Ricard chairman and CEO Alexandre Ricard admits operating a liquor business in 86 countries amid trade wars isn’t easy. TheStreet’s @EricJhonsa says the ugly sell-off in Micron MU on Thursday isn’t panic selling.
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