Big tech, chips, software, cloud, AI platforms, devices, and the companies shaping the digital economy.
Bank of America upgraded Intel, pointing to improved visibility for its server-processor roadmap and growth in its foundry business as the key drivers.
THE APEX TIMES
THE APEX TIMES
The company pointed to large infrastructure contracting tied to AI workloads and set expectations for faster top-line growth, while still leaving investors short on timing and margin detail in publicly shared remarks.
THE APEX TIMES
The stock moved higher following two analyst rating and price-target changes from Bank of America, pointing to improving conditions for central processing unit demand.
THE APEX TIMES
A recent market write-up argues NVIDIA has shifted attention to a major new CPU push while curtailing detail about the financial impact of China-linked headwinds. Investors are left to model a potentially large gap as growth expectations soften.
THE APEX TIMES
Shares of Intel and Advanced Micro Devices rebounded in early trading after Bank of America framed an estimated $170 billion global server-CPU opportunity. Investors weighed the call against a recent pullback in the chip sector.
THE APEX TIMES
Stocks rose in early trading Thursday, helped by a rebound in the Nasdaq-100 even as market participants weighed fresh geopolitical headlines. Oracle, a major player in enterprise software and cloud computing, moved sharply on its latest results.
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The retailer says it has opened a new site in Northampton and is advancing plans for a larger Kettering facility expected to become the UK’s biggest cross-dock operation when it opens later this year.
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Oracle’s stock fell following its latest earnings report, drawing a quick reassessment from Wall Street. In a Yahoo Finance piece, two analysts said the post-earnings drop could present an opportunity, though the article did not detail any new, company-specific revelations.
THE APEX TIMES
Oracle reported fiscal fourth-quarter earnings and revenue above expectations, but the stock slid as much as 10% in pre-market trading, underscoring market worries that artificial intelligence-related spending is accelerating and that leverage is increasing.
