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,
While results were better than expected, Intel’s outlook for the first quarter fell short of analyst forecasts. Management guided revenue to a range between $11.7 billion and $12.7 billion, below the consensus estimate of $12.
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.
Semiconductor analysts say that Intel needs a decisive new strategy—and that can only come from a permanent CEO as the chip maker gets ready to report earnings. Investors hope to get an update about the leadership decision timeline and Intel’s businesses after the market close.
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
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.
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.
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.
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.