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U.S. stock indexes are mixed on Wall Street as more declines for big tech stocks weigh on the market. The S&P 500 slipped less than 0.1% in early trading Friday.
JPMorgan announced its first earnings miss in almost three years, while Goldman delivered its second-highest quarterly net revenue to date. A $1.2 billion regulatory penalty weighed on Bank of America’s already lackluster report.
Mizuho and UBS both see the post-earnings sell-off in Cerebras as a buying opportunity, despite taking different approaches to their price targets.