What to watch today: Wall Street set to drop with tech stocks under continued pressure

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Technology stocks were set to resume their recent sell-off with the so-called FANG block all dipping at least 1% in today's premarket.

shares gained another 3% after an independent review found the company didn't break any laws related to its disclosure of a $765 million loan from the U.S. government to help produce drug ingredients. The stock surged 36% on Wednesday alone. shares rose slightly after Piper Sandler initiated the drugstore chain with an "overweight" rating. The Wall Street firm said CVS is "well positioned to transform health care access, quality, reduce costs.

shares fell slightly even after Stifel hiked its price target on the sports-betting company to a Street high of $85 per share, representing a 25% gain from here. The stock has surged more than 14% this week alone.

 

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CNB has become a forum for pompous CEO's & fund managers to spew trendy cliche's while bragging about their 'accomplishments' ad nauseum. Only way to stop hearing 'deplatform' to swtich to Spotify or Varney. Besides Susan Li doesn't have Sarah's whiny valley girl affect.

BS. Tech is where growth and profits are at. Someone’s playing retail investors.

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