New US Rule on Foreign Chip Equipment Exports to China to Exempt Some Allies - Reuters
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August 2, 2024 8:13 AM EDT
Citi analyst Christopher Danely lowered the price target on Intel (NASDAQ: INTC) to $25.00 (from $35.00) while maintaining a Neutral rating.
The analyst comments "Yesterday after the close, Intel reported results and guidance well-below Consensus mainly due to weakness in its PC businesses (58% of 2Q24... More
August 2, 2024 6:12 AM EDT
Roth/MKM analyst Suji Desilva lowered the price target on Intel (NASDAQ: INTC) to $25.00 (from $35.00) while maintaining a Neutral rating.
The analyst comments "INTC guided 3Q24 revenue and gross margin well below consensus reflecting higher than expected client product costs. While... More
August 2, 2024 5:53 AM EDT
Deutsche Bank analyst Ross Seymore lowered the price target on Intel (NASDAQ: INTC) to $27.00 (from $38.00) while maintaining a Hold rating.
The analyst comments "Beyond delivering in-line 2Q revenue, the companys report was disappointing on nearly every other near-term financial metric with... More
August 1, 2024 9:16 AM EDT
Congresswoman Nancy Pelosi's recent financial disclosure revealed that she bought more NVIDIA (NASDAQ: NVDA) shares and sold some Microsoft (NASDAQ: MSFT) shares.
According to a new congressional trading form, the Congresswoman bought 10,000 shares worth of Nvidia, with the... More
