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- Nasdaq leads Wall Street gains as SpaceX, Super Micro boost AI sentiment
- Meta beats Q3 estimates, approves new nonvoting share class as AI spending surges
- Tesla stock up as automotive gross margin improves, free cash flow turns positive
- SpaceX, Tesla shares rise after Musk says committees exploring possible merger
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- Abbott plans to spin off its nutrition unit as a standalone public company
- Alphabet shares drop ahead of earnings next week
- Nasdaq leads Wall Street gains as SpaceX, Super Micro boost AI sentiment
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- US orders diplomats to depart Saudi Arabia amid Houthi strikes
Northland on Intel (INTC): 'Waiting for INTC’s Turn Around is Painful, But It Will Eventually Happen', 'Thesis Battered But Remains Intact'
July 16, 2024 6:47 AM EDTNorthland analyst Gus Richard reiterated an Outperform rating and $68.00 price target on Intel (NASDAQ: INTC).
The analyst comments "We are cutting our INTC estimates due to new export restriction to Huawei, server CPU share loss to AMD, and the expectation that PC demand will be weaker than expected in 2H:24. A weaker consumer globally and... More



