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The Marked Chart Wire · Business
HotIntel
Intel was upgraded by several analysts following a stock decline triggered by its recent earnings release.
Part of a series: Intel shares hit record low after weak outlook
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HotQualcomm
Qualcomm stock fell 11 percent to $164.79 following a warning from Intel regarding the personal computer market. The decline raises questions about whether smartphone sales have stabilized.
Analyst Ratings
Wall Street firms revised ratings and price targets for technology, AI, and crypto stocks. Amazon retained bullish support, while Intel, Reddit, and Coinbase saw downgrades and lower targets.
AI Spending
Intel shares fell 25.2 percent after its Q4 guidance missed estimates, dragging the Nasdaq-100 down 2.6 percent. Amazon also dropped 6.8 percent as investors rotated into defensive sectors like healthcare and energy.
Intel
Four firms adjusted their views on Intel following Q3 results and soft Q4 guidance. BofA and Roth Capital downgraded the stock, while Jefferies cut its price target.
Intel
Intel forecasts the total addressable market for server CPUs will exceed $200 billion within five years. The company also guided fourth-quarter revenue to between $15 billion and $16 billion.
Intel
Intel stock dropped 23 percent in after-hours trading Thursday following a disappointing fourth-quarter guide. Jim Cramer voiced his frustration with the company's results.
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