reported that Nvidia’s announcement of lower revenue expectations for the fourth quarter of 2021 has had a significant impact on the stock market. The stock prices of the S&P 500 and the Nasdaq both saw declines following Nvidia’s forecast adjustment. The tech giant’s lowered projections are attributed to supply chain disruptions and a decrease in … Read more
US markets closed mixed on Monday with industrial companies lifting the Dow while some popular tech names dragged down the Nasdaq. Analysts noted a wait-and-see attitude as major events loom this week including a US presidential debate and key inflation data. The Dow Jones Industrial Average finished up 0.7 percent at 39,411.21. Despite this, the … Read more
Bernstein Liebhard LLP, a highly regarded law firm specializing in investor rights, is reminding investors about the deadline to file a lead plaintiff motion in a securities class action lawsuit involving Intel Corporation (NASDAQ: INTC). The lawsuit, filed in the United States District Court for the Northern District of California, alleges Securities Exchange Act violations … Read more
Lloyd Advisory Services LLC recently acquired 27,395 shares of Intel Co. stock during the first quarter, totaling approximately $1.21 million. Other institutional investors and hedge funds also made purchases of INTC shares, with AdvisorNet Financial Inc, CHICAGO TRUST Co NA, Ballentine Partners LLC, Walker Financial Services Inc, and Security Financial Services INC all increasing their … Read more
Intel Co. Stock, traded on NASDAQ under the symbol INTC, experienced a 0.6% decrease during midday trading on Monday. The stock was trading at $30.83 and last traded at $30.89, with a total of 6,206,979 shares changing hands. This volume was significantly lower than the average session volume of 47,019,059 shares. The stock had previously … Read more
NVIDIA (NASDAQ:NVDA) shares are experiencing a significant decline, causing the Nasdaq Composite to fall as well. At the time of writing, NVDA stock is down 4.4%, leading to a 0.22% drop in the Nasdaq Composite on Monday afternoon. This marks the third consecutive day of trading that NVDA stock has been falling, potentially indicating a … Read more
After years of recommending a ‘Hold’ to ‘Avoid’ rating on Intel (NASDAQ: INTC), the outlook has been upgraded to ‘Buy.’ This shift comes after recognizing the company’s potential for growth and transformation as a leading foundry fabricator in North America. Despite previous concerns about Intel being a value trap and stagnant stock performance, recent developments … Read more
Today, the stock market saw a significant increase with the Dow Jones Industrial Average experiencing a notable jump. However, this positive growth was overshadowed by the continued decline of Nvidia, which had a significant impact on the Nasdaq. The Dow Jones Industrial Average, a key indicator of the market’s performance, saw a noticeable increase today. … Read more
City Holding Co. reduced its stake in Intel Co. by 4.2% in the first quarter, selling 1,085 shares and owning a total of 24,842 shares with a value of $1,097,000. Other hedge funds and institutional investors have also made changes to their holdings in Intel, with some increasing their stakes and others buying new positions. … Read more
Nasdaq 100 futures faced pressure on Monday morning, led by Nvidia Corp. with a third day of losses as tech valuations cooled off. Bloomberg reported that contracts on the Nasdaq 100 fell 0.2%, while S&P 500 futures remained flat. Nvidia dropped 3% in early trading, lowering its market value below Apple Inc. and Microsoft Corp. … Read more