53.20 -0.02 (-0.04%)
After hours: 5:29PM EDT
|Bid||53.15 x 1800|
|Ask||53.20 x 900|
|Day's Range||52.35 - 54.26|
|52 Week Range||33.23 - 57.60|
|PE Ratio (TTM)||23.08|
|Forward Dividend & Yield||1.20 (2.18%)|
|1y Target Est||N/A|
Yahoo Finance’s Seana Smith and Jared Blikre break down the biggest headlines moving markets in intraday trading.
Intel stock falls after Northland Capital Markets warns ‘process technology’ leadership disappearing in rare downgradeNorthland Capital Markets downgraded Intel stock to the equivalent of a sell, one of only three analysts to warn against Intel. Competitive pressures from Advanced Micro Devices Inc. and others prompted a rare bearish call Monday for Intel Corp. “Intel’s (INTC) process technology leadership is diminished if not evaporated,” wrote Northland Capital Markets analyst Gus Richard, who downgraded Intel’s stock to underperform from market perform.
Alphabet, which is developing the Waymo self-driving technology, bucked a mild decline in the stock market by rolling further past a proper new buy point Monday.
Like Friday, trade-war worries again rattled investors’ confidence on Monday, although they did well to buy the morning weakness. Let’s look at our top stock trades going into Tuesday.Top Stock Trades for Tomorrow #1: Box (BOX)
The "Halftime Report" traders give their top picks for the second half. Steve Weiss, Jim Lebenthal and Joe Terranova are bullish on tech. Stocks may have closed in the red following renewed trade war concerns, but the "Halftime Report" traders are still finding value and putting money to work.
Intel's pain was AMD's gain on Monday, with Northland Capital analyst Gus Richard downgrading Intel's stock and raising AMD's on projections that AMD will gain on its rival. "We believe that AMD products are delivering more compute for less money than Intel," Richard wrote. AMD also supplies chips for Microsoft's Xbox One, and if that relationship is extended to Microsoft's next-gen Xboxes, it could mean an additional boon for AMD when the new consoles arrive on the market.
Corp. set out to film polar bears in the Arctic with a chartered ship and a skeleton crew of around 13 people, including internal creative directors, producers and drone specialists. The crew, on a mission to make a video promoting the role of Intel’s drone technology in climate research, dealt with stormy seas and a dwindling food supply—the team chipped away at a smoked reindeer leg and noshed on Ritz crackers and lettuce when the four-day trip turned into a six-day one, an Intel spokeswoman says. The video, produced without help from an outside ad agency, is now up for a couple of awards at the Cannes Lions International Festival of Creativity.
Semiconductor manufacturers have enjoyed rapid sales growth and soaring stock prices, but the good times are threatened by the mounting trade war between the U.S. and China. In particular, most chips imported to the U.S. from China are actually designed by U.S.-based companies that outsource production there, or use Chinese firms for final assembly and testing, as reported by The Wall Street Journal. Tariffs on imports from China, as well as restrictions on transfers of technology to China, are likely to hit these U.S.-based semiconductor companies hard: Intel Corp. ( INTC), Qualcomm Inc. ( QCOM), Texas Instruments Inc. ( TXN), Applied Materials Inc. ( AMAT) and Lam Research Corp. ( LRCX).