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U.S. Gov't Stake In Intel Is Now Worth ...
U.S. Gov't Stake In Intel Is Now Worth ...
Intel shares earlier jumped the most on record after the chipmaker delivered stronger-than-expected first-quarter results and issued a second-quarter forecast (read here) that beat Wall Street expectations.
Earlier, Intel shares jumped as much as 28%, rocketing to a record high and eclipsing their Dot Com peak, as Wall Street analysts cheered the earnings report as evidence that the chipmaker’s turnaround is gaining traction.
Citi analyst Atif Malik raised Intel to “Buy” from “Neutral,” with a $95 12-month price target, reflecting “improving AI-driven...
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May 8, 2026 / Tyler Durden
Futures Rebound, Trade At All Time Highs On, What Else: Tech And Iran Optimism
Futures Rebound, Trade At All Time Highs On, What Else: Tech And Iran Optimism
US equity futures are higher and just shy of a new record, with technology names leading futures higher ahead of April jobs report, after Trump’s assertion that the Iran ceasefire is still holding despite an exchange of weapons between the US and Iran overnight, and a deep weekly loss for oil help futures regain positive momentum. Markets are higher ahead of NFP data later this morning following yesterday’s very ‘unwindy’ session (High Beta Momo -7.96%, Software vs Semis +5.83%, Power...
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Jul 17, 2026 / Tyler Durden
Live Cattle Futures Tumble To Seven-Month Low, But Bernstein Says Beef Prices Will Stay Elevated
Live Cattle Futures Tumble To Seven-Month Low, But Bernstein Says Beef Prices Will Stay Elevated
Despite our view that beef prices will remain elevated this year amid the smallest US cattle herd size in more than 60 years and mounting concerns over New World screwworm detections in Texas, live cattle futures in Chicago have tumbled this month as speculative traders unwind bullish bets.
Chicago live cattle futures have dropped to their lowest point since December 2025, as speculative traders liquidate positions amid weakening cash trade and falling wholesale beef prices.
The commodities...
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Jun 11, 2026 / Kyle Anzalone
Trump Walks Back Plans to Bomb Iran, Claims Deal Has Been Reached
President Donald Trump said that he will give the order to attack Iran for the third consecutive night. He said the US would soon invade an Iranian island. The President later reversed and said that a deal with Iran had been signed. “The United States will be hitting Iran (Whose Navy, Air Force, Radar, Anti […]
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