Intel (INTC) is scheduled to report results of its fiscal fourth quarter after the market close on January 30, with a conference call scheduled
With a market cap of $85.2 billion, Intel Corporation (INTC) is a global leader in semiconductor innovation, designs and manufactures microprocessors, chipsets, and computing solutions for consumer, enterprise,
Intel stock was wavering Thursday after the chip maker gave a softer-than-expected revenue forecast for the March quarter. Meanwhile, Intel’s interim co-CEOs told Barron’s there was no update around timing for the completion of the company’s permanent CEO search.
Intel on Thursday posted December-quarter results that beat analysts' low expectations, while its forecast for current-quarter revenue missed estimates as the chipmaker grapples with tepid demand for its data center chips and as investors wait for a new CEO.
Intel's revenue declined for a third straight quarter, decreasing 7% from a year earlier, according to a statement. The company's net loss for the quarter totaled $126 million, or 3 cents per share, compared with net income of $2.67 billion, or 63 cents per share, in the same quarter a year ago.
Intel’s (NASDAQ:INTC) woes have shown no signs of abating as the company appears to be struggling on almost all fronts. As the chip giant
Langley joins the FBI and Energy Department in agreeing that a lab leak is the most likely source of the pandemic.
Yahoo Finance dives into Intel's quest for a new CEO as the struggling chipmaker evaluates several outsiders, while some reports suggest there may be a mystery company eyeing an Intel acquisition.
Morgan Stanley upgraded Ulta Beauty (ULTA) to Overweight from Equal Weight with a price target of $500, up from $430. The firm believes Ulta's share gains within beauty should improve in 2025 from its 2024 bottom, and says the company's sales and margin expectations are reasonable for 2025.
Shares of the chipmaker are rising today alongside broader markets, leaving them up more than 8% in January and outpacing the S&P 500.
Chipmaking equipment supplier KLA Corp forecast its third-quarter revenue and profit above Wall Street estimates on Thursday, betting on robust demand for high-end chips that support artificial intelligence workload.
Risk appetite surged on Wall Street at the end of the week, with investors ramping up stock purchases ahead of Monday's market closure for Martin Luther King Day, which is also when Donald Trump will be sworn in as the 47th U.