|Bid||64.30 x 3100|
|Ask||64.40 x 4000|
|Day's Range||63.16 - 65.11|
|52 Week Range||43.63 - 69.29|
|Beta (5Y Monthly)||0.80|
|PE Ratio (TTM)||12.47|
|Earnings Date||Jul 23, 2020 - Jul 27, 2020|
|Forward Dividend & Yield||1.32 (2.10%)|
|Ex-Dividend Date||May 06, 2020|
|1y Target Est||62.78|
Intel's , Nvidia's and especially AMD's 2020 product launches are far from over. Here's an overview of notable chip launches that these companies are expected to carry out between now and the end of the year.
There’s a serious call to action brewing, and some top CEOs are stepping up to lead the way. What they’re doing, and what more needs to be done.
Companies working on self-driving vehicles have criticized an insurance industry study suggesting that only a third of all U.S. road crashes could be prevented by driverless cars, arguing that the study has underestimated the technology's capabilities. The study by the Insurance Institute for Highway Safety (IIHS), released on Thursday analyzed 5,000 U.S. crashes and concluded that likely only those caused by driver perception errors and incapacitation could be prevented by self-driving cars. The autonomous vehicle industry quickly responded that its cars were programmed to prevent a vastly higher number of potential crash causes, including more complex errors caused by drivers making inadequate or incorrect evasive maneuvers.
Intel (NASDAQ: INTC), the world's top manufacturer of x86 CPUs for PCs and data centers, is often considered a solid tech stock with a stable dividend. Its expansions into new markets -- including driverless cars, IoT (Internet of Things) chips, and memory chips -- also couldn't offset those weaknesses. The escalation of the U.S.-China trade war into a tech war also threatens to cause Intel headaches in China, where it generated 28% of its revenues last year.
In the latest trading session, Intel (INTC) closed at $62.97, marking a +1.68% move from the previous day.
After a bullish run this week, the Dow Jones Industrial Average is pausing as stocks trade lower on the stock market today.
A major airline is ramping up flights for the summer as demand returns, and Intel's new midrange PC chip gets a positive review.
Stocks were lower midday as the Dow Jones Industrial Average fell after erasing a more than 100 point gain that occurred despite higher-than-expected jobless claims.
DOW UPDATE The Dow Jones Industrial Average is trading up Thursday morning with shares of Boeing and Intel seeing positive momentum for the index. Shares of Boeing (BA) and Intel (INTC) are contributing about a third of the index's intraday rally, as the Dow (DJIA) was most recently trading 56 points (0.
Among top Dow Jones stocks to watch, chip giant Intel remains near a 62.23 entry on a cup-with-handle base.
Nvidia earnings are booming again. Nvidia stock is once again a chip leader thanks to its data center business. But is it a good buy in the coronavirus stock market rally?
(Bloomberg Opinion) -- One of the more popular sentiments expressed on Twitter over the weekend was that the astronauts who left Earth on Saturday made a good choice. After months of suffering from a global pandemic that has caused mass unemployment, school shutdowns and over 100,000 deaths, Americans are now reeling from a wave of nationwide protests following the death of a black man at the hands of Minneapolis police. What should companies say and do amid events so fraught that many people would prefer not to be on the planet?“It’s always risky for brands to weigh in on deep social unrest,” says reputation-management guru Helio Fred Garcia, president of Logos Consulting Group. Companies have learned this the hard way before — such as when Starbucks Corp. hatched an ill-advised effort to encourage people to talk about racism with their baristas in 2015 and when PepsiCo. Inc. launched a widely excoriated commercial about social activism featuring Kendall Jenner in 2017. Companies were reminded of that risk again on Saturday after National Football League Commissioner Roger Goodell received fierce backlash for expressing support for the protesters. His statement was viewed as insincere by many after the experience of Colin Kaepernick, a player who has not been signed by a team since 2017 after protesting racism and police brutality.So companies can start by taking a look in the mirror. Facebook Inc., for example, needs to do some hard thinking about its policies after choosing not to flag a Facebook version of a Twitter post by President Donald Trump threatening to shoot looters. That decision has staffers so upset that some staged a virtual walkout Monday. (Chief Executive Officer Mark Zuckerberg acknowledged in a post that his company must do more to “ensure our systems don't amplify bias.”) Companies should be prepared to answer questions — from employees, the news media and other stakeholders — about how they can do more to fight racism and promote diversity.Leaders should also communicate with employees who are on edge, seeking their feedback on how they can better promote diversity, address employee concerns, and fight unconscious bias and other forms of racism. But while every organization should be having these conversations internally, companies should proceed cautiously before publicly wading into the protests.Speaking out publicly comes with two risks. The first is that such efforts will be perceived as self-serving. Many television commercials referencing the coronavirus, for example, have been panned as thinly veiled efforts to use the pandemic to promote consumer spending. The second risk is that commercials or other statements of public support will only remind the public of a company’s record of inaction (the Pepsi commercial) or dubious actions (the NFL). Indeed, a 2016 study by Weber Shandwick and KRC Research found that public activism boosts a company's reputation when it is related in some way to what a company is already doing — but it backfires when it is perceived as discordant with a company's business. If a company has a well-established record of openly fighting racism, speaking out publicly now will be perceived as credible. And if a company — or its employees or stakeholders — has been drawn into the fray, the public will expect it to say something. Garcia notes that companies whose stores have been damaged in the protests will be expected to respond. Macy’s Inc.’s flagship store in New York’s Herald Square was looted Monday night, and the company would be wise to respond compassionately. Designer Marc Jacobs offered a laudable example for other retailers to follow after one of his own stores was damaged:View this post on Instagram A post shared by Marc Jacobs (@themarcjacobs) on May 31, 2020 at 9:38am PDTOf course, many other executives will be tempted to join the bandwagon to express support for fighting systemic racism. But they should start by taking action. Companies including Verizon Communications Inc., Intel Corp., Facebook, Peloton Cycle Inc. and Levi Strauss & Co. have all announced major monetary contributions to organizations that promote social justice. Such donations — along with changes to corporate practices — are the place to start.Once an organization has firmly established a record of supporting racial equality, it can authentically join the public conversation. But without such actions, attempts to generate positive publicity by tying corporations to the cause will be more likely to be perceived as shallow and self-serving, generating backlash that may leave more chief executives wanting to leave the planet. This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Kara Alaimo is an associate professor of public relations at Hofstra University and author of “Pitch, Tweet, or Engage on the Street: How to Practice Global Public Relations and Strategic Communication.” She previously served in the Obama administration. For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
General Motors Co and Ford Motor Co condemned racial inequality in the United States following the death of George Floyd, an unarmed black man, at the hands of police in Minneapolis last week. In a letter to employees, GM Chief Executive Officer Mary Barra wrote she was "impatient and disgusted" following the death of Floyd and emphasized the need to "individually and collectively" drive change. The No.1 U.S. automaker shared Barra's letter, sent to its staff on Saturday, with thousands of dealers and suppliers.
The Semiconductor Industry Association, which represents U.S. chip companies, wants $37 billion in federal funding.
With coronavirus keeping most people housebound, driverless cars have indeed proved to be an asset. However, it will still take considerable time to bring AVs into the mainstream.
Facebook Inc and Snap Inc became the latest U.S. companies condemning racial inequality in the United States as violent protests flared up across major cities over the death of George Floyd, an unarmed black man who died while in police custody in Minneapolis last week. "We stand with the Black community - and all those working towards justice in honor of George Floyd, Breonna Taylor, Ahmaud Arbery and far too many others whose names will not be forgotten," Facebook's Chief Executive Officer Mark Zuckerberg said in a Facebook post late Sunday.
Brazilian hedge fund Adam Capital Gestão de Recursos slashed positions in Intel and Microsoft stock in the first quarter. It also bought large amounts of JPMorgan and Bank of America stock.
If you rebuild the workplace after COVID-19, will the workers ever come back? In Silicon Valley, the answer from many tech companies is that many won’t, and maybe that is a good thing.
DOW UPDATE The Dow Jones Industrial Average is climbing Friday afternoon with shares of Intel and Cisco seeing positive momentum for the price-weighted average. Shares of Intel (INTC) and Cisco (CSCO) have contributed to the blue-chip gauge's intraday rally, as the Dow (DJIA) was most recently trading 31 points higher (0.
The Dow Jones fell on Friday. Though U.S. indexes are mixed, stocks are holding weekly gains as investors remain bullish on the current economic recovery.
Advanced Micro Devices stock has rebounded from the the coronavirus-fueled market sell-off recently. Here is what its fundamentals and technical analysis say about buying AMD stock now.
(Bloomberg Opinion) -- One constant in Facebook's corporate culture is the ruthless aggression when it comes to growth and competition. To take just one example: More than a decade ago, a young, upstart Facebook smashed a wage-fixing cartel that than had been imposed by older, more established tech companies and it tried to hire the best tech talent. With Facebook now among the most dominant employers in the San Francisco Bay Area labor market, the company is using its lessons from the past few months of work from home to hire remotely all across the country in the midst of the coronavirus pandemic. In doing so, it's telling both its own employees and tech employers across the country that competition is coming. What remains to be seen is what effect this will have on wages both in and beyond the San Francisco area, where terms are ultimately set when it comes to the compensation of tech employees.The headlines in Facebook's announcement about working from home were twofold: First, that during the next five to 10 years, as many as half of Facebook's employees could be remote; and second, that the pay of remote workers will be tied to where they work. In other words, if you're moving from Palo Alto, California, to Boise, Idaho, expect a pay cut.Although controlling employee compensation costs is surely part of the thinking, current and would-be Facebook employees should recall that today's high compensation for Silicon Valley software engineers is partly because of Facebook's rule-breaking moves in the past. Until Facebook Chief Operating Officer Sheryl Sandberg left Google for Facebook, large technology companies such including Google, Apple, Intel and Intuit had what constituted a hiring cartel to prevent employee poaching, part of an effort to retain scare talent and hold down wages. Facebook, perhaps as an early indication of the disruptive nature of the next generation of technology companies, decided it would prioritize its own growth and talent acquisition. That undermined the cartel and led to rapid growth in both employee pay and home prices in the San Francisco Bay Area during the past decade.Facebook's decision on remote work is an extension of that mindset, one that doesn't abide by any niceties when it comes to attracting and retaining elite technology workers. Although the Facebook decision might be seen as little different from similar work-from-home announcements made by other Silicon Valley companies like Twitter and Square, it serves as a watershed moment in the same spirit as Amazon's public search for a second headquarters. Both decisions reflect the high cost and limited availability of technology talent on the West Coast, and that the need to hire outside the region persists, with different companies experimenting with different models on how best to do that.What's unclear is how this will shake out for workers. Although current and prospective Facebook employees are understandably concerned about the company saying that compensation will be tied to location, as long as technology talent remains much sought after, compensation should stay high. Housing costs outside of the West Coast may still be a fraction of what they are in San Francisco or Palo Alto, but technology talent is scarce and mobile throughout the country. It's unlikely that an employee that Facebook would pay $300,000 in San Francisco will be available for $100,000 in Salt Lake City, and if they are, that gap is unlikely to last for long as the word gets out and as other San Francisco Bay Area-based technology companies mimic Facebook's approach.Facebook's latest decision may well have a comparable impact to its decision not to join the hiring cartel, lifting pay everywhere outside the San Francisco area. Many tech employers in Tulsa, Oklahoma, or Kansas City know their best employees could always get recruited by West Coast tech companies if those workers were willing to relocate. But there are frictions involved in relocating, and maybe companies have been willing to bet that those workers aren't willing to move because of family and community ties. But if all of a sudden it's well-known that companies such as Facebook and Google are willing to hire anywhere without demanding relocation, then other companies will be forced to raise pay or risk losing talent -- the same quandary once faced by cartel members such as Intel and Intuit.Ultimately, the question is does being based in the San Francisco Bay Area function as a moat for technology employees, guarding their lofty pay, but one that is ready to be breached ? Or is high pay a function of high productivity, demand and industry growth? If it's the latter, tech workers shouldn't worry about Facebook's work-from-home decision. But it might well be the former.This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Conor Sen is a Bloomberg Opinion columnist. He is a portfolio manager for New River Investments in Atlanta and has been a contributor to the Atlantic and Business Insider.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Chipmaking giant Intel has taken steps to right its ship after a rough 2019 that rocked INTC stock. But is Intel stock a buy right now? Here's what its earnings and stock chart show.