Browsing: Stock

Why Intel (INTC) stock is trading lower today

Shares of computer processor maker Intel (NASDAQ:INTC) fell 28.9% in the morning session after the company issued a downbeat fourth-quarter profit outlook and warned of persistent weakness in the personal computer market.

Stock Market Today, Oct. 30: Intel Plunges Nearly 29% as Weak Outlook Rattles Wall Street | The Motley Fool

Intel(INTC-28.58%), one of the world’s largest semiconductor manufacturers, saw its shares plunge 28.58% Friday, closing at $65.76 in one of the company’s steepest single-day declines in decades. The sell-off came despite Intel beating quarterly earnings expectations, as investors focused on a less encouraging outlook and growing questions about the company’s turnaround.

Prediction: Oct. 21 Will Be a Huge Day for the Stock Market | The Motley Fool

Artificial intelligence (AI) stocks have led this bull market over the past three years, pushing the S&P 500 to record highs. Investors were eager to get in on this promising technology early on, and in many cases, they’ve already greatly benefited. For example, chip designers such as Nvidia and Advanced Micro Devices, as well as…

US stock market today: Tech stocks rebound, Nasdaq rises 1%; Dow slips

US markets US stocks opened lower on Monday, August 24, as a sell-off in semiconductor shares weighed on the S&P 500 and Nasdaq, while easing Treasury yields offered some relief. The S&P 500 fell 0.4% and Nasdaq declined 1%, while the Dow rose 0.2%. Micron, AMD and Broadcom fell sharply. Investors remained cautious ahead of…