Intel Corporation (NASDAQ:INTC) stock is currently at its highest level since April, trading at $34.17 with a 0.5% increase. This marks the fifth consecutive daily gain for the stock, which saw its best daily percentage gain since November in the previous session. INTC is also set to close above the 80-day moving average for the … Read more
Goldman Sachs recently began covering IBM stock with a “buy” rating. The analyst believes that IBM’s artificial intelligence services will contribute to its long-term revenue and free cash flow growth. Currently, IBM shares are up 2.9% to $177.52, potentially reaching their first close above $176 and the 60-day moving average in months. The stock has … Read more
Competition regulators are currently evaluating Hewlett Packard Enterprise Co.’s purchase of Juniper Networks for $14 billion. The stock of HPE has experienced volatility following reports that the UK government has launched an investigation into the acquisition due to potential competition concerns. Despite this, the stock has been relatively stable, trading flat at $21.87 and showing … Read more
Competition regulators are currently evaluating Hewlett Packard Enterprise Co.’s $14 billion purchase of Juniper Networks. The UK government has opened an investigation into the deal due to potential competition concerns. Despite this news, HPE’s stock has been experiencing some volatility, with the stock trading flat at $21.87 at last glance. HPE’s stock price has seen … Read more
Hewlett-Packard Enterprise Co (NYSE:HPE) is seeing record levels after reporting better-than-expected second quarter fiscal results and positive third quarter fiscal and annual forecasts. The demand for AI-optimized servers played a significant role in these results, leading to at least 10 analysts increasing their price targets for the stock. The stock has surged by 11.9% to … Read more
On Friday, June 16th, our subscribers opened their email to find my June Vertical Options Trader picks. After looking over the trades, subscribers logged into their brokerage accounts and bought call spreads on Wayfair (W). At the time, each spread cost about $286. By Friday, July 14th, those subscribers closed out each position for $819. However, … Read more