Intel stock spikes on Q4 outlook, Dow Jones rises

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Intel stock has its best performance in some time. INTC shares lifted 8% by better Q4 guidance. Intel misses on bottom line with $-0.46 loss in Q3 Revenue was benefited by AI and Edge computing.   Intel (INTC) stock surged more than 8% on Friday after the embattled legacy semiconductor firm announced major progress on […]

Broadcom is having its own Nvidia moment as shares rise 20% on week

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Broadcom could be the next company to join the trillion dollar club. Wednesday’s earnings release showed another beat-and-raise announcement that has become commonplace. Markets consolidate on Friday after week’s CPI-led fireworks. Michigan Consumer Sentiment drains, sending NASDAQ lower.   Broadcom (AVGO) stock exploded 12% on Thursday, quite a feat for a company already valued at […]