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
On Monday, the major US stock indices had a mixed performance. The Dow Jones Industrial Average decreased slightly to 39,344.79 points, while the S&P 500 increased to 5,572.85 points and the Nasdaq rose to 18,403.74 points. Several stocks attracted the attention of investors and retail traders throughout the day. Nvidia Corporation (NVDA) saw its stock … Read more
IBM’s stock closed at $177.64, up by 0.92% from the previous session. It outperformed the S&P 500 but lagged behind the Computer & Technology sector. Analysts are expecting IBM to report EPS of $2.17 and revenue of $15.58 billion in its upcoming earnings release on July 24, 2024. The Zacks Consensus Estimates for the full … Read more
Wealthy investors are showing a bullish stance towards Oracle (NYSE:ORCL), as indicated by significant options activities detected by Benzinga. This suggests a potentially major development on the horizon, although the identities of these investors remain unknown. Today, Benzinga’s options scanner revealed 13 notable activities related to Oracle, with an unusual level of activity seen. Among … Read more
Broadcom’s revenue has surged due to high demand for artificial intelligence, leading to a significant increase in its stock price over the years. The company is set to undergo a 10-for-1 stock split, following in the footsteps of other successful companies like Nvidia and Chipotle Mexican Grill. Stock splits are intended to lower the price … Read more
Bragar Eagel & Squire, PC, a nationally recognized shareholder rights law firm, has initiated class action lawsuits on behalf of shareholders of Intel Corporation, Harbor Diversified, Inc., Altimmune, Inc., and Sprout Social, Inc. Shareholders have specific deadlines to act as lead plaintiff in each case. Allegations include claims of material misrepresentations and omissions regarding the … Read more
Broadcom (NASDAQ:AVGO) has seen a significant increase in AI-related revenue, expected to make up over a third of total revenue by the end of fiscal year 2024. This rise in revenue has caused the company’s stock price to nearly triple since January 2023. While the intrinsic value of Broadcom is higher than its current market … Read more
Intel’s stock has been struggling this year despite positive news, leaving investors wondering if it is underrated or just plain disappointing. The company received a promising $8.5 billion grant from the US government, but its stock price has continued to fall, raising concerns about its future. Intel’s CEO Pat Gelsinger boasted about the company’s plans … Read more
Intel’s stock has been struggling, despite positive news earlier this year. The company was promised a substantial grant from the US government, but since then, shares have fallen. CEO Pat Gelsinger’s optimism about future projects has not translated into stock performance. Additionally, Intel has faced delays in setting up chip factories in Ohio and Israel, … Read more
Intel (NASDAQ: INTC) has been facing challenges and disappointments in the stock market, with investors questioning whether the company is underrated or simply underperforming. Despite positive news, Intel has failed to recover, leading to concerns about the future of the stock. Earlier this year, Intel received promises of up to $8.5 billion in grants from … Read more