Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. In a significant reshuffling of the Dow Jones Industrial Average (DJI),… Article Source https://tokenist.com/nvidia-set-to-replace-intel-in-dow-jones-industrial-average-intc-down-50-in-2024/
We recently compiled a list of the 35 AI News You Should Not Miss. In this article, we are going to take a look at where Intel Corporation (NASDAQ:INTC) stands against the other AI stocks you should not miss. The AI industry is constantly… Article Source https://finance.yahoo.com/news/intel-corporation-intc-ranked-among-081158388.html
Intel’s stock closed the recent trading session at $34.59, with a rise of 1.77% from the previous day. This outperformed the S&P 500’s gain of 0.07%, while the Dow saw a loss of 0.13% and the Nasdaq rose by 0.14%. Over the past month, Intel’s shares have gained 9.96%, surpassing the Computer and Technology sector’s … Read more
Intel’s shares have seen a 10% increase over the past five trading days, attributed to short covering by Mizuho analysts. The firm stated that hedge funds with long positions in AI semiconductors may be reducing exposure and rotating into non-semiconductor long positions, leading to the selling of short positions in companies like NVDA, AVGO, and … Read more
Financial giants have shown strong bullish activity towards Intel, with 31 unusual options trades detected. Among these trades, 54% were bullish and 38% were bearish, with 6 put options valued at $548,577 and 25 call options valued at $1,073,383. Analysis of Intel’s options history indicated a price band between $20.0 and $75.0, based on trading … Read more
According to Mizuho analysts, Intel (INTC) stock has seen a 10% increase in value over the past five trading days, attributed to short-covering. This increase comes as hedge funds selling short positions in AI semiconductor companies such as NVDA, AVGO, and MU, leading to the covering of short positions in Intel and Advanced Micro Devices … Read more
Nordea Investment Management AB has reduced its stake in Intel Co. by 2.9% during the first quarter, selling 31,763 shares and bringing its total stake to 1,069,834 shares worth $47,608,000 according to the latest filing with the Securities and Exchange Commission. Other hedge funds and institutional investors have also made changes to their positions in … Read more
Intel Company, listed on NASDAQ as INTC, experienced an increase in options trading on Monday, with traders purchasing 400,421 call options, a 49% increase from the typical volume. The stock opened at $33.99 on Tuesday, with a market capitalization of $144.7 billion and a price-to-earnings ratio of 35.41. Intel reported earnings per share of ($0.06) … Read more
The content discusses the challenges faced by Intel Corporation (NASDAQ: INTC) in 2024, particularly regarding its IDM 2.0 strategy and financial performance. The article highlights the decline in Intel’s stock price following the release of a new financial reporting model, which revealed concerning trends in the Intel Foundry segment. Despite some promising revenue growth in … Read more
Major US stock indices experienced a mixed day of trading on Monday. The Dow Jones Industrial Average dropped slightly to 39,344.79 points, while the S&P 500 saw a modest increase to 5,572.85 points. The Nasdaq performed the best among the major indices, rising by almost 0.3% to close at 18,403.74 points. Several stocks attracted attention … Read more