58 minutes ago
Intel (INTC) Stock Near $100 as Turnaround Faces New Test
TLDR Intel stock has rebounded toward $100 after briefly falling below $80 during the recent July sell-off. Strong earnings from Microsoft, Micron, and Amazon improved sentiment across technology and semiconductor stocks. Intel reported $16.1 billion in Q2 revenue, up 25% year over year, while adjusted EPS reached $0.42. Intel Foundry revenue rose 31% to about [...]
The post Intel (INTC) Stock Near $100 as Turnaround Faces New Test appeared first on Blockonomi.
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