Intel Stock Drops Amid Doubts About New Plant in Germany
In contrast with industry peers whose stocks have been lifted by AI hopes, Intel shares are down nearly 60% in 2024 after having one of the most significant declines in the S&P 500 Thursday.
In contrast with industry peers whose stocks have been lifted by AI hopes, Intel shares are down nearly 60% in 2024 after having one of the most significant declines in the S&P 500 Thursday.
Indexes rose Thursday as investors digested a slight increase in jobless claims ahead of the Fed's Jackson Hole conference.
The company posted fairly unexciting and not particularly inspiring second-quarter results.
(Bloomberg) -- Bond yields climbed and stocks got hit, with Wall Street traders betting Jerome Powell will throw cold water on market expectations for aggressive interest-rate cuts.Most Read from BloombergChicago's Migrant Surge Is Stirring Trouble for Democrats in DNC Host CityUK Transport Minister Clears Path for More 20mph Speed ZonesWith Self-Driving Vans, Hamburg Tries to Make Microtransit WorkThe Serious Work That Free Play Can DoIn the run-up to Powell’s Jackson Hole speech, Treasuries tu
The S&P 500 dropped 0.9% on Thursday, Aug. 22, as tech stocks faltered ahead of Fed Chair Jerome Powell's Friday remarks.
Down 60% year to date, does Intel have what it takes to capitalize on AI opportunities and deliver big wins for investors?
Equity Markets Close Lower Ahead of Fed Chair Powell's Speech
– Canada stocks were lower after the close on Thursday, as losses in the Clean Technology, Materials and IT sectors led shares lower.
– Brazil stocks were lower after the close on Thursday, as losses in the Real Estate, Consumption and Financials sectors led shares lower.
A pundit's move gave the company a bit of a spark on an otherwise uninspiring day for the market.