Shares of Intel surged sharply on Friday after a report said the company had reached a preliminary agreement with Apple to manufacture some of the chips used in the iPhone maker’s devices. According to a Wall Street Journal report citing people familiar with the matter, Apple and Intel had been engaged in intensive talks for… Continue reading Intel stock supercharged after reports of preliminary deal with Apple
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Trade Desk stock: Cramer reveals a major red flag beyond Q1 earnings
Famed investor Jim Cramer says “there are wins and misses” in digital advertising and marketing automation space – and Trade Desk (TTD) is evidently the latter. His comments came after The Trade Desk reported first-quarter results showing a 12% increase in revenue to $689 million. However, the revenue growth was largely overshadowed by a weaker-than-expected… Continue reading Trade Desk stock: Cramer reveals a major red flag beyond Q1 earnings
Intel stock soars 8% on Friday: what’s behind the recent dream run?
Shares of Intel (INTC) surged around 8% in on Friday, hitting a fresh all-time high of $118.75. Investors continued to pile into the semiconductor giant amid growing optimism around its turnaround strategy and artificial intelligence positioning. The recent rally has been driven by a combination of strong earnings, improving demand for server processors, and reports… Continue reading Intel stock soars 8% on Friday: what’s behind the recent dream run?
Innodata stock: why it may fail to sustain its post-earnings gains
Innodata (INOD) shares nearly doubled on May 8 after the data engineering company delivered a “triple-threat” Q1 that obliterated Wall Street expectations. Revenue rocketed 54% year-over-year to $90.1 million, comfortably exceeding the $76.5 million consensus estimate. On the bottom line, diluted EPS hit $0.42, nearly doubling the $0.23 forecast. This explosive growth prompted management to… Continue reading Innodata stock: why it may fail to sustain its post-earnings gains
Why Microsoft stock is underperforming the broader market today
Shares of Microsoft (MSFT) slipped in early trading on Friday, underperforming both the broader market and major technology peers. Microsoft stock fell around 1% even as other large-cap technology companies rallied strongly. Nvidia and Tesla rose roughly 3%, while AMD surged nearly 7%. The broader market also moved higher. The S&P 500 advanced about 0.6%,… Continue reading Why Microsoft stock is underperforming the broader market today
Tesla stock rises another 3%: what’s fueling the recent rally?
Shares of Tesla climbed sharply on Friday, rising more than 3% as improving investor sentiment lifted growth stocks following stronger-than-expected US jobs data and optimism around developments in the Middle East. The rally came alongside broader market gains. The S&P 500 advanced about 0.6%, while the Nasdaq Composite rose 1.1%. Market sentiment was supported after… Continue reading Tesla stock rises another 3%: what’s fueling the recent rally?
Nvidia stock hits new all-time high: should you buy or take profits?
Nvidia stock (NASDAQ: NVDA) climbed again on Friday, extending a rally that has already pushed the stock to a fresh all-time high. NVDA touched fresh record territory between roughly $216.8 and $217.7 intraday on Friday before easing back toward the $215.80 level. The latest rally has reignited a familiar debate that follows every big leg… Continue reading Nvidia stock hits new all-time high: should you buy or take profits?
AMD stock rockets 7% on Friday: analysts see more upside ahead
Shares of Advanced Micro Devices (AMD) surged sharply on Friday, rebounding from losses in the previous session. At the time of writing, the stock was up around 7% to trade at $436. Investor sentiment improved following stronger-than-expected US jobs data and continued enthusiasm around the chipmaker’s artificial intelligence outlook. AMD shares extended their recent rally… Continue reading AMD stock rockets 7% on Friday: analysts see more upside ahead
Dow jumps 200 points after strong payrolls data eases slowdown fears
US equities advanced on Friday after a stronger-than-expected April jobs report reinforced confidence in the resilience of the labor market. The Dow Jones Industrial Average rose 208 points, or 0.4%, while the S&P 500 gained about 0.5% and the Nasdaq Composite advanced roughly 0.6%. Investors entered Friday’s session weighing a stronger-than-expected April payrolls report against… Continue reading Dow jumps 200 points after strong payrolls data eases slowdown fears
