My top 10 things to watch Thursday, Sept. 5 1. Tech stocks faced the brunt of the selling. In a new Club commentary, we looked at potential buy levels for four of our megacap tech stocks, including Meta Platforms . 2. The negative jobs report: ADP said private payrolls grew by just 99,000 in August, the smallest monthly gain since January 2021 and far below estimates. The not-so-bad one: Initial jobless claims for last week totaled 227,000, a pinch below expectations.
was booted as a top pick at Morgan Stanley, which also cut its price target on the stock. The analysts said is "vulnerable to the unwind of inflated expectations." Is this also due to the beginning of Intel reverberations? technology allows Intel and other semiconductor manufacturers to make chips for some of the biggest companies, including Club name Apple . 8. An article in the publication Nature explores concrete signs that AI chips can help conquer cancer of all kinds. The research, which came out Wednesday, was praised by Dr. Eric Topol, the foremost medical expert on the topic of how artificial intelligence can be used to improve health outcomes. 9.
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