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● Baird downgraded Nvidia to Neutral with a $200 target, cut from $500.
● CoreWeave raised its 2026Revenueoutlook to $13.0 billion to $13.3 billion.
● Dell, a direct competitor, rocketed on the same day.
● Sandisk had shed more than a third of its value over the prior month.
● Seagate reported fiscal first-quarterRevenueof $4.23 billion and adjustedEarningsof $7.68 a share.
● Smartphone prices rose by a record amount in October's consumer price report.
● Jefferies sees aRevenueopportunity above $2 billion from Nvidia test spending by 2029.
● Seagate, Sandisk and Micron also rallied as the AI trade revived.
● The October CNBC/NRF Retail Monitor showed retail sales of $561.7 billion.
● September-quarterRevenuehit a record $114.5 billion, up 12% from a year earlier.
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