68.30 -0.17 (-0.25%)
After hours: 7:59PM EST
|Bid||68.30 x 900|
|Ask||68.37 x 1200|
|Day's Range||66.46 - 69.28|
|52 Week Range||42.86 - 69.28|
|Beta (5Y Monthly)||0.91|
|PE Ratio (TTM)||14.54|
|Earnings Date||Apr 22, 2020|
|Forward Dividend & Yield||1.26 (1.99%)|
|Ex-Dividend Date||Nov 05, 2019|
|1y Target Est||58.28|
Intel Corp.’s stock logs its best day in two years Friday after data-center sales crush Wall Street estimates, pushing quarterly revenue atop the $20 billion mark for the first time, but the chip maker’s forecast reflected a conservative for the difficult-to-predict cloud market.
Intel Corp. crushed revenue expectations for the fourth quarter by about $1 billion and sent its stock to a new post-dot-com-boom high, but the company didn’t get a ton of credit from analysts.
Stocks fell as the deadly coronavirus spread through China and the world as the Lunar New Year holiday gets underway. A second case of the coronavirus has been found in the U.S.
The Dow Jones sold off on Friday over worries of the China virus outbreak. The market recovered and closed off the lows. Intel rose 8% on earnings.
Wall Street fell in a broad sell-off on Friday, as investors fled equities on growing concerns over the scope of the coronavirus outbreak, capping the S&P 500's worst week in six months. All three major U.S. stock averages turned sharply negative, with the S&P 500 seeing its biggest one-day percentage drop in over three months after the Centers for Disease Control and Prevention confirmed the second case of the virus on U.S. soil, this time in Chicago.
The stock market rally had a down week on China coronavirus fears. Netflix, Intel and Atlassian soared on earnings. Boeing fell on 737 Max delays and more.
The stock market, it seems, has been going straight up. This chart shows that stocks are moving up in lockstep with the Federal Reserve printing money. In this situation, what is a conservative investor to do?
Intel reported a record 2019 and expects a repeat in 2020. However, it is also eliminating some roles associated with projects that no longer a priority.
The microprocessor giant night delivered the most eye-opening report of the current earnings season, smashing expectations for both last quarter’s results and forecasts for the current one, driven in particular by strong demand for processors used in data-center computers. Revenues in the December quarter were $20.2 billion, up 8% from a year ago, and a full $1 billion ahead of Wall Street estimates. For the full year, Intel sees revenue of $73.5 billion and profits of $5 a share; the Street had been estimating $72.3 billion and $4.68 a share.
The Dow Jones fell hard Friday along with the Nasdaq and S&P; 500 after a second case of the coronavirus was confirmed in the U.S.
Issues affected by the coronavirus outbreak, a big earnings beat and technical look were a few of the issues covered on Friday's PreMarket Prep Show. Airlines, cruise and gaming stocks are suffering most of the damage on the downside, while others like hazmat suit maker Lakeland Industries (NASDAQ: LAKE) have benefited.
Intel Corporation (NASDAQ: INTC ) shares are sharply higher Friday after the company reported strong quarterly results. The Analysts Needham analyst Quinn Bolton maintained a Hold rating on Intel. Wells ...
Stocks extended losses just after midday Friday on news of a second confirmed U.S. case of the China coronavirus, while Intel was a top Dow Jones performer.
Intel Corp stood out with an 8.4% gain after the chipmaker forecast better-than-expected 2020 earnings, joining many of its peers to signal a recovery in chip demand. After a record open for the Nasdaq, Wall Street's main indexes lost ground as U.S. health officials confirmed a second U.S. case of the coronavirus in a Chicago woman and said as many as 63 potential cases were being investigated.
At least 15 brokerages raised their price targets on Intel's stock, with J.P.Morgan making the most aggressive move by boosting its target by $12 to $80, well above the median price target of $65. Revenue at Intel's data center business jumped 19% and sales to cloud computing providers surged 48% year-over-year in the fourth quarter. "We think Intel is benefiting from an improving macro economic climate versus company specific improvements at this time," RBC Capital Markets analyst Mitch Steves said, adding that he expects strong results from data center rivals AMD and Nvidia .
The past 20 years have been two decades of growth in Oregon that saw the state's economy double in size. Since last week, we have been posting a year-end overview of real estate activity in the Portland area. Oregon wine has been enjoying a good run.
Exact Sciences, GameStop, Intel, Intuitive Surgical and Skyworks highlighted as Zacks Bull and Bear of the Day