Markets

S&P 500, Nasdaq extend records as traders look ahead to further stimulus

The S&P 500 and Nasdaq composite indexes extended records on Wednesday after closing at all-time highs on Tuesday. Traders are still watching for signs that Congress will reach a deal on another coronavirus pandemic stimulus bill soon. The August ADP employment report showed that US companies added 428,000 jobs last […]
S&P 500, Nasdaq extend records as traders look ahead to further stimulus
Markets

Intel surges 8% on an earnings beat and better-than-expected forecast

Intel reported fiscal fourth-quarter and full-year 2019 earnings Thursday that beat Wall Street’s expectations for the chipmaker. Shares gained as much as 8% in early trading Friday. The company gave a rosy outlook for Q1 2020 earnings, and announced a 5% increase to its quarterly dividend. Watch Intel trade live […]
Intel surges 8% on an earnings beat and better-than-expected forecast
Markets

Nvidia and Intel are safe from China’s tariffs on US semiconductors, Cowen says

Nvidia and Intel are sheltered from China’s retaliatory tariffs on semiconductor chips, according to Cowen analyst Matthew Ramsay. Even though US chipmakers have strong exposure to the Chinese market, Chinese chipmakers aren’t yet competitive. China relies heavily on US chipmakers for its supply. Watch Nvidia and Intel trade in real […]
Nvidia and Intel are safe from China’s tariffs on US semiconductors, Cowen says
Markets

Intel is sliding after its CEO resigns

Intel said Thursday that its CEO, Brian Krzanich, had resigned following a consensual relationship with another employee that violated company policies. The company also raised its second quarter earnings per share (EPS) to $US0.99. Shares initially surged more than 2% following the news, but now they are in the red. […]
Intel is sliding after its CEO resigns
Markets

Intel hits a record high after Trump shuts down the Qualcomm-Broadcom merger that would have created a super competitor

President Trump on Monday blocked chipmaker Broadcom’s proposed $US117 billion buyout of Qualcomm, citing national security. Shares of Intel rose after the executive order as a potential large new competitor is essentially wiped out. “This decision hangs a huge ‘not-for-sale’ sign on just about every American semiconductor firm,” one analyst […]
Intel hits a record high after Trump shuts down the Qualcomm-Broadcom merger that would have created a super competitor
Markets

Intel soars after beating big on earnings

Intel shares are up after the company reported a big top and bottom line beat for the fourth quarter. It was the first earnings report since the Spectre and Meltdown flaws were reported. Watch the company trade in real time here. Intel shares are rising after the company’s earnings report, […]
Intel soars after beating big on earnings
Markets

Here comes Intel earnings…

Intel will report earnings after the bell on Thursday. Analysts will be watching for more clarity from the company about how it is dealing with the Spectre and Meltdown security flaws. Watch Intel’s stock price move in real time here. Intel is set to report its fourth-quarter earnings after the […]
Here comes Intel earnings…
Markets

Millennials are loading up on Intel stock ahead of earnings

Intel is set to report fourth-quarter earnings after the bell on Thursday. Millennials are buying shares 10 times more often than they are selling them, according to the Stockpile trading app. Watch how the stock is moving in real time here. Intel is set to report earnings after the bell […]
Millennials are loading up on Intel stock ahead of earnings
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