News Digest / Ticker: INTC

Ticker: INTC

06:06am, Friday, Sep 20, 2024
Morgan Stanley downgraded ASML Holding (NASDAQ: ASML) from Overweight to Equal-weight, lowering the price target from €925 to €800, citing worries over earnings growth challenges in 2025-2026. ASML's shares fell over 1% in premarket trading.

09:05am, Tuesday, Sep 17, 2024
Tuesday Markets: The Dow reaches a new high as retail sales rise unexpectedly. Markets await the Fed's rate decision with bets on a 50-basis point cut growing.

08:28am, Monday, Sep 16, 2024
Week 38: The Federal Reserve may cut rates this week, DirecTV resolves ESPN blackout, and Boeing faces financial strain amid a growing labor strike.

08:42am, Wednesday, Sep 04, 2024
Wednesday Markets: The U.S. stock market falls with Nvidia and chip stocks leading the decline. Dollar Tree lowers its outlook, and Qualcomm introduces new AI-focused PC chips.

08:25am, Tuesday, Sep 03, 2024
S&P 500 closes August with gains amid market optimism. Analysts eye key jobs data for hints of Fed rate cuts. Read on for insights into market trends.

08:41am, Friday, Aug 30, 2024
Stock futures climb Friday as Intel reviews strategic options. Nasdaq heads for a down August, and Euro zone inflation hits a three-year low.

09:15am, Monday, Aug 26, 2024
Intel (NASDAQ: INTC) is reportedly consulting with Morgan Stanley amid mounting pressures from potential activist investors. With a 57% stock drop this year and halted dividends, concerns mount over its strategy. Analysts suggest better communication could stabilize investor sentiment.

08:48am, Wednesday, Aug 14, 2024
Stocks surged Tuesday with the Nasdaq soaring 2.43%. Inflation news, tech updates from Google, and mortgage rate drops contributed to market movements.

04:25am, Wednesday, Aug 14, 2024
Intel (NASDAQ: INTC) divested 1.18 million shares of Arm Holdings, netting $146.7M to enhance liquidity amid a challenging chip market. Facing job cuts and halted dividends, Intel shifts focus to AI chip development, while managing rising costs and declining stock value.

09:50am, Thursday, Aug 08, 2024
AMD is gaining ground in the server market, boosting its CPU instance market share to 21.2% in June, while Intel's share dipped to 69.2%. With strong demand for its EPYC processors and a rising presence in AI, AMD's momentum poses risks for Intel.

08:40am, Wednesday, Aug 07, 2024
Intel (NASDAQ: INTC) faces a significant downturn following disappointing Q2 earnings, missing revenue expectations and eliminating dividends, resulting in a 26% plummet. Layoffs, risks to Dow membership, and talent retention issues further complicate its recovery outlook.

05:12am, Wednesday, Aug 07, 2024
Debt is a double-edged sword for companies, acting both as a growth catalyst and a potential risk. For dividend-paying companies, understanding how debt influences dividend growth and sustainability is crucial.

04:09am, Tuesday, Aug 06, 2024
Global stock markets are rebounding as the Nikkei 225 surges over 10% after a significant drop. Analysts express cautious optimism amid ongoing volatility, with market positioning and geopolitical fears influencing recent fluctuations. Investors remain watchful of upcoming economic data.

08:33am, Monday, Aug 05, 2024
Mixed economic signals raise concerns over a potential recession, with analysts noting disappointing employment data and NASDAQ downturns. However, a soft landing may be possible if inflation moderates. Key indicators to watch include employment trends and housing prices.

04:31am, Monday, Aug 05, 2024
Taiwan's Taiex index plunged 8.4%, its steepest drop in 57 years, driven by U.S. economic fears. TSMC shares fell 9.8%, impacting market sentiment. Traders should brace for volatility and consider diversifying portfolios amidst recession concerns.

04:13am, Tuesday, Jul 16, 2024
ASML (AMS: ASML) will reveal its Q2 results this Wednesday, amidst high expectations of new AI chip orders. Led by new CEO Christophe Fouquet, the company may upwardly revise guidance. Analysts predict net income of €1.41B on revenues of €6.04B, driven by demand from major clients like TSMC. With...

03:26am, Friday, Jul 12, 2024
Intel (NASDAQ: INTC) aims to reach $1 billion in software revenue by 2027, driven by significant strides in AI, performance, and security. Greg Lavender, CTO, is pivotal in this shift, with the company actively acquiring software firms and focusing on open-source projects like Triton and the UXL ...

08:51am, Tuesday, Jul 09, 2024
S&P 500 and Nasdaq hit record highs. Key inflation data and Fed testimony in focus. Crude prices dip post-Hurricane Beryl. Netflix stock rises. These and more in today's market recap.

06:20am, Wednesday, Jun 05, 2024
Intel (NASDAQ: INTC) has sold a 49% stake in its Irish Fab 34 facility to Apollo Global Management (NYSE: APO) for $11 billion. This deal aims to attract external capital for Intel's global expansion. The transaction underlines Intel's "Smart Capital" strategy to alleviate financial strain and in...

04:12am, Friday, Apr 26, 2024
Intel reported better-than-expected earnings for Q1 2024 but issued a disappointing revenue forecast, causing its stock to tumble.

08:13am, Monday, Mar 25, 2024
China intensifies its efforts towards technological autarky by implementing new guidelines to phase out US microprocessors from Intel and AMD in government computers. This move aims to bolster domestic technology amidst escalating US-China tensions.

09:24am, Wednesday, Mar 20, 2024
Intel's $8.5 billion CHIPS Act funding from the Biden administration marks a strategic effort to bolster U.S. semiconductor manufacturing.