Stock Market | Stocks | Investing

Stock market, stocks, investing, business, stock trading, stock investing, stock market news, money, finance

Browsing:

Tag: INTC

Stock market news for July 27, 2020

Stock market news for July 27, 2020.

A higher close for the US stock market on July 27, 2020, as investors focus on the earnings reports and also on talks about a new fiscal stimulus. Dow Jones gained more than 11o points, Nasdaq closed higher more than 170 points, and outperformed.

Stock market close on July 27, 2020

S&P 500: 3,239.41,+23.78(+0.74%)
Dow 30: 26,584.77,+114.88(+0.43%)
Nasdaq: 10,536.27,+173.09(+1.67%)
Russell 2000: 1,483.01,+15.46(+1.05%)

Stock market volatility

The CBOE Volatility Index (VIX) closed lower at 24.74-1.10 (-4.26%).

Stock movers

Ocugen, Inc. (OCGN) stock gained more than 60% with a stock price at the close of 0.6280+0.2511 (+66.62%).

Ocugen, Inc. (OCGN) stock chart
Ocugen, Inc. (OCGN) stock chart

Source: Stockscharts.com

Stock gainers

Wilhelmina International Inc. (WHLM): 7.80,+ 4.07 +108.84%
MediciNova Inc. (MNOV): 11.00,+ 5.36 +95.04%
Amira Nature Foods Ltd. (RYCE): 9.25,+ 3.15 +51.71%

Stock losers

WiMi Hologram Cloud Inc. ADR (WIMI): 7.29, -3.92 -34.97%
Sequential Brands Group Inc. (SQBG): 5.20, -1.72 -24.90%
WISeKey International Holding Ltd. ADR (WKEY): 7.60, -1.90 -20.00%

Most active stocks

Advanced Micro Devices Inc. (AMD): 68.97, -0.43 -0.62%
Intel Corp. (INTC): 49.57, -1.02 -2.02%
MediciNova Inc. (MNOV): 11.00,+ 5.36 +95.04%

Stock market source: https://www.wsj.com/market-data/stocks

Stock Market, U.S. Sectors & Industries Performance

The Information Technology sector was the best performing sector +1.61%, the Utilities sector was the worst performing sector -1.26%.

Stock Market, U.S. Sectors & Industries Performance for July 27, 2020
Stock Market, U.S. Sectors & Industries Performance for July 27, 2020

Source: Fidelity

Stock market update

All data about the stock market, stocksstock investingstock trading is taken from Yahoo Finance, Fidelity, and stockcharts.com.

Investing

Check this link for stock tradingSubscribe to our stock market newsletter, with stocks to buy, stocks to sell, investing. Daily stock market news.


Intel stock falls more than 16% on July 24, 2020, on manufacturing issues

Intel stock news

On Friday, July 24, 2020 shares of Intel Corporation (INTC) closed more than 16% lower at 50.59-9.81 (-16.24%). Intel stock had a weekly performance of -15.68% for the week ending on July 24, 2020, and is down -15.47% on a year-to-date basis.

Why Intel stock fell 16%

“An old saying in the semiconductor industry, attributed to Advanced Micro Devices Inc. co-founder Jerry Sanders, was “real men have fabs.”

That saying — along with its dated, sexist phrasing — is now officially no longer true, as semiconductor giant Intel Corp. INTC, -16.24% admitted Thursday that it could actually partner with another semiconductor foundry to help with its next-generation manufacturing technology, as it announced a delay in its next process technology for future chips.

That was a huge admission of defeat for one of Silicon Valley’s most iconic companies. Intel is one of the last remaining semiconductor companies that still uses its own fabrication plants (also called fabs) to manufacture most of its chips. These plants now cost many billions of dollars as they develop increasingly microscopic transistors aimed at increasing computer processing speeds. Intel currently farms out a small percentage, around 20%, of chips or chipsets to other contractors, but manufactures the bulk of its processors in its own factories around the world.

On Thursday, Intel’s huge earnings beat was overshadowed by the news of a delay in its next-generation manufacturing process that would move the chip maker to a 7-nanometer process. The news was an echo of many delays and problems with moving to the 10-nanometer process a couple of years ago, now finally in use for the company’s chips for PCs and servers.”

Stock market source: https://www.marketwatch.com/story/intel-admits-another-defeat-with-unprecedented-manufacturing-issues-2020-07-23?mod=mw_quote_news

Intel stock chart

Intel stock chart
Intel stock chart

Source: stockscharts.com


Stock market news for July 24, 2020

Stock market news for July 24, 2020.

“US stocks drop after China escalates tensions with consulate order.

US stocks slipped on Friday after China ordered the closure of the US Consulate in Chengdu, ratcheting up tensions between the economic superpowers.
The US made a similar order on Wednesday, reviving fears of a tit-for-tat economic conflict.
Investors also weighed earnings misses from Intel and American Express.
Oil gained as reopenings abroad boosted hopes for a demand rebound. West Texas Intermediate crude climbed as much as 1.5%, to $41.67 per barrel.”

Stock market source: https://markets.businessinsider.com/news/stocks/stock-market-news-today-index-reaction-china-tensions-earnings-season-2020-7-1029428873#

Stock market close on July 24, 2020


S&P 500: 3,215.63,-20.03(-0.62%)
Dow 30: 26,469.89,-182.44(-0.68%)
Nasdaq: 10,363.18,-98.24(-0.94%)
Russell 2000: 1,469.36,-20.85(-1.40%)

Stock market volatility

The CBOE Volatility Index (VIX) closed lower at 25.84-0.24 (-0.92%).

Stock movers

eMagin Corporation (EMAN) stock closed higher more than 40%, closing at 1.3000+0.4200 (+47.73%).

eMagin Corporation (EMAN) stock chart
eMagin Corporation (EMAN) stock chart

Source: Stockscharts.com

Stock gainers

Global Eagle Entertainment Inc. (ENT): 3.23,+ 1.13 +53.81%
Hamilton Beach Brands Holding Co. Cl A (HBB): 14.58,+ 4.23 +40.87%
WISeKey International Holding Ltd. ADR (WKEY): 9.50,+ 2.42 +34.18%

Stock losers

eHealth Inc. (EHTH): 79.17, -34.83 -30.55%
Arbutus Biopharma Corp. (ABUS): 4.96, -1.24 -20.00%
Veoneer Inc. (VNE): 11.19, -2.56 -18.62%

Most active stocks

Arbutus Biopharma Corp. (ABUS): 4.96, -1.24 -20.00%
Advanced Micro Devices Inc. (AMD): 69.40,+ 9.83 +16.50%
Intel Corp. (INTC): 50.59, -9.81 -16.24%

Stock market source: https://www.wsj.com/market-data/stocks

Stock Market, U.S. Sectors & Industries Performance

The Consumer Discretionary sector was the best performing sector +0.33%, the Information Technology was the worst performing sector -1.19%.

Stock Market, U.S. Sectors & Industries Performance for July 24, 2020
Stock Market, U.S. Sectors & Industries Performance for July 24, 2020

Source: Fidelity

Stock market update

All data about the stock market, stocksstock investingstock trading is taken from Yahoo Finance, Fidelity, and stockcharts.com.

Investing

Check this link for stock tradingSubscribe to our stock market newsletter, with stocks to buy, stocks to sell, investing. Daily stock market news.


Stock market news January 24 2020

Stock market news January 24 2020

The US stock market closed lower with losses for all major stock market indices. This is the summary for US stock market at close on Friday, January 24, 2020:

How stock market closed on Friday, January 24, 2020-Financial and business news

  • S&P 500: 3,295.47,-30.07(-0.90%)
  • Dow 30: 28,989.73,-170.36(-0.58%)
  • Nasdaq: 9,314.91,-87.57(-0.93%)
  • Russell 2000: 1,662.23,-22.23(-1.32%)

Stocks biggest gainers

eHealth, Inc. (EHTH) was among stocks biggest gainers closing at 123.26 +26.13 (+26.90%).

EHTH daily stock chart | stocks | stock market
EHTH daily stock chart | stocks | stock market

Stocks biggest losers

Epizyme, Inc. (EPZM) was among stocks biggest losers closing at 22.40 -4.32 (-16.17%.

EPZM daily stock chart | stocks | stock market
EPZM daily stock chart | stocks | stock market

Stock investing | Stock trading | Most active stocks

Intel Corporation (INTC) was among most active stocks closing at
68.47 +5.15 (+8.13%).

INTC daily stock  chart | stocks | stock market
INTC daily stock chart | stocks | stock market

U.S. Sectors & Industries Performance

Utilities was the best performing sector +0.33%, Health Care was the worst performing sector -1.68%.

Stock market update


All data about stocks , stock investing, stock trading is taken from Yahoo Finance, Fidelity and stockcharts.com.

This report is written by Stavros Georgiadis, CFA Equity Research Analyst, Investment Strategist.



Intel stock jumps as cloud pushes quarterly revenue higher than $20 billion for first time

Intel stock

Intel stock is surging today, being among the most active stocks for the US stock market.

” Intel INTC, +8.49%  shares rose 5.5% in premarket trade Friday, after the company said it expects adjusted earnings of $1.30 a share on revenue of about $19 billion for the first quarter, and $5 a share on revenue of about $73.5 billion in 2020. Analysts surveyed by FactSet had forecast earnings of $1.04 a share on revenue of $17.25 billion for the first quarter, and $4.66 a share on revenue of $72.41 billion for the year.”, source: MarketWatch


US Stock Market News October 25 2019

Stock Market News October 25 2019

US stock market closed higher on Friday October 25, 2019.

Stocks rallied and Treasury yields jumped higher after reports that the U.S. and China made progress in trade discussions, edging closer to finalizing portions of a “phase one deal.”

Source: https://www.wsj.com/articles/european-stocks-drift-down-as-big-businesses-report-earnings-11571994459

This is the summary for US stock market at close on Fiday, October 25, 2019:

  • S&P 500: 3,022.55,+12.26(+0.41%)
  • Dow 30: 26,958.06,+152.53(+0.57%)
  • Nasdaq: 8,243.12,+57.32(+0.70%)
  • Russell 2000: 1,558.71,+8.53(+0.55%)

Stocks biggest gainers

Vipshop Holdings Limited (VIPS) was among stocks biggest gainers closing at $11.47 +$1.43 (+14.24%).

VIPS daily stock chart

Stocks biggest losers

PG&E Corporation (PCG) was among stocks biggest losers closing at $5.0000-$2.2000 (-30.56%).

PCG daily stock chart

Stock investing | Stock trading | Most active stocks

Intel Corporation (INTC) was among the most active stocks closing at $56.46+$4.23 (+8.10%).

INTC daily stock chart

U.S. Sectors & Industries Performance

Information Technology was the best performing sector +1.2%, Real Estate was the worst performing sector -1.31%

Stock market update

All data about stocks , stock investing, stock trading is taken from Yahoo Finance, Fidelity and stockcharts.com.

This report is written by Stavros Georgiadis, CFA Equity Research Analyst, Investment Strategist.


Intel stock falls today as beats earnings but misses on revenue forecast

Intel stock(INTC) falls today almost 5.5% now trading at $35.65 per share.Intel had a strong quarter announcing $0.80 earnings per share beating estimates of  $0.73 per share.Revenue was better this quarter also than estimates, at $15.78 billion while estimates were $15.58 billion.So the selloff today is mainly attributed to the lower guidance for 4th quarter revenues.