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Intel surges on rare double upgrade, DraftKings scores ahead of World Cup
Yahoo Finance Video57d agobullishVIDEO
Intel surges on rare double upgrade, DraftKings scores ahead of World Cup

Market Catalysts host Julie Hyman breaks down today's trending tickers, including Intel (INTC), which jumped after receiving a rare double upgrade to buy from Bank of America (BAC). Meanwhile, DraftKings (DKNG) is also moving higher after analysts named it the "clearest winner" in sports betting as the 2026 FIFA World Cup kicks off today, June 11, setting the stage for a potential surge in wagering activity.

Intel Jumps 8%, AMD Rises 4% on Bank of America’s $170 Billion Server-CPU Call
24/7 Wall St.57d agobullish
Intel Jumps 8%, AMD Rises 4% on Bank of America’s $170 Billion Server-CPU Call

Shares of Intel (NASDAQ:INTC) are up 8% to $115 and change in early Thursday trading, while Advanced Micro Devices (NASDAQ:AMD) stock is rising 4% to $470. Both chip names are rebounding after a rough stretch earlier this week. The catalyst is a bullish Bank of America research note projecting the total addressable market for server ... Intel Jumps 8%, AMD Rises 4% on Bank of America’s $170 Billion Server-CPU Call

Cadence (CDNS) Expands Deal With Intel Foundry To Benefit From Agentic AI Boom
Insider Monkey57d agoneutral
Cadence (CDNS) Expands Deal With Intel Foundry To Benefit From Agentic AI Boom

Cadence Design Systems Inc. (NASDAQ:CDNS) is one of the 10 Best High-Bandwidth Memory (HBM4) Value Chain Stocks to Buy According to Hedge Funds. AI chips that require high-bandwidth memory also demand cutting-edge packaging simulation techniques and verification tools. Cadence Design Systems Inc. (NASDAQ:CDNS) provides exactly this, making it a direct beneficiary of the HBM boom. […]

Prediction: Elon Musk Will Target 2 Trillion-Dollar Acquisitions After the SpaceX IPO
24/7 Wall St.57d agoneutral
Prediction: Elon Musk Will Target 2 Trillion-Dollar Acquisitions After the SpaceX IPO

The market is already treating tomorrow’s SpaceX IPO as one of the most important public offerings in decades. Investors are focused on valuation, demand, and whether the company can justify the excitement surrounding a business that spans launch services, Starlink internet, artificial intelligence, robotics, and advanced manufacturing. Yet the bigger story may be what happens ... Prediction: Elon Musk Will Target 2 Trillion-Dollar Acquisitions After the SpaceX IPO