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Intel Rips 14% Higher: Apple Foundry Reports Crush Bears in Massive Short Squeeze
24/7 Wall St.99d agoneutral
Intel Rips 14% Higher: Apple Foundry Reports Crush Bears in Massive Short Squeeze

Shares of Intel (NASDAQ:INTC) are catapulting 14% in Tuesday morning trading, changing hands near $109.60 after Bloomberg reported that Apple (NASDAQ:AAPL) is exploring Intel’s foundry services for future U.S. chip production. The move extends a stunning run. Intel stock is up 118% over the past month and up roughly 197% year to date (YTD), breaking ... Intel Rips 14% Higher: Apple Foundry Reports Crush Bears in Massive Short Squeeze

Forget Intel: Consider These Stocks Instead
24/7 Wall St.99d agoneutral
Forget Intel: Consider These Stocks Instead

Intel (NASDAQ:INTC) is the chip story everyone is shouting about, with the stock up 159.57% year to date on a Lip-Bu Tan turnaround narrative wrapped around AI inference and a NVIDIA DGX Rubin host CPU win. But here is what you should actually be watching. The Intel Trade Is Already Crowded, and Cracked Intel just ... Forget Intel: Consider These Stocks Instead

Alphabet, Intel, Micron Lead Nasdaq Higher as Oil Drops on Paused Mideast Tensions
24/7 Wall St.99d agobearish
Alphabet, Intel, Micron Lead Nasdaq Higher as Oil Drops on Paused Mideast Tensions

The Nasdaq Composite (^IXIC) opened higher Tuesday, with the tech-heavy benchmark riding a familiar trio of tailwinds: a fresh wave of strong earnings, a sharp pullback in crude oil, and a pause in Middle East escalation. Risk appetite is back, and the Nasdaq Composite (^IXIC) is riding the bullish wave. Google parent company Alphabet (Nasdaq: GOOGL), ... Alphabet, Intel, Micron Lead Nasdaq Higher as Oil Drops on Paused Mideast Tensions

S&P 500 Rises on Big Tech Bump, Corporate Profits and Oil Price Relief
24/7 Wall St.99d agoneutral
S&P 500 Rises on Big Tech Bump, Corporate Profits and Oil Price Relief

The S&P 500 (^GSPC) heads into Tuesday with momentum after a powerful rebound last month in which the broader markets advanced 9%. A pullback in crude oil and first-quarter earnings beats are driving today’s gains as the markets embrace a reprieve in the Mideast escalation. The S&P 500 (^GSPC) is capturing those tailwinds for gains ... S&P 500 Rises on Big Tech Bump, Corporate Profits and Oil Price Relief

Reuters99d agoneutral
Dutch quantum company QuantWare raises $178 million from Intel and others

Dutch quantum processor company QuantWare has raised $178 million in new ‌financing, including funding from Intel Capital, ‌it said on Tuesday, as Europe tries to keep up ​pace with tech leading companies from the U.S. and China. Quantum computers will make data processing considerably faster than via conventional computing, and the ‌sector could be ⁠worth trillions of dollars in the next decade, according to consultancy firm ⁠McKinsey. Along with Intel ​Capital, other companies ‌involved in the fundraising for QuantWare included IQT, ETF Partners, FORWARD.one and Invest-NL Deep Tech Fund.

Stocks to Watch: Palantir, HSBC, Intel, AMD
The Wall Street Journal99d agoneutral
Stocks to Watch: Palantir, HSBC, Intel, AMD

↘️ Palantir Technologies (PLTR): The data-analytics company’s stock slid more than 3% in premarket trading even though it posted record quarterly revenue and profit late on Monday. ↗️ Pinterest (PINS): Shares of the image-sharing company rallied 16% ahead of the opening bell after it posted double-digit sales growth and bullish second-quarter guidance.