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Recent sessions have seen fireworks in chip stocks like Advanced Micro Devices and Nvidia. The same cannot be said of Intel.
The semiconductor giant gapped lower on October 22 following weak revenue and guidance. It was the third straight bearish report this year.
INTC has snapped back from the drop but has now returned to potential resistance. After all, prices bounced around $52 in mid-August and mid-October before turning lower. Traders may look for …
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Money is flowing back into stocks as investors hope for a better inflation report this week. The S&P 500 rose 1.9 percent between Friday, May 3, and Friday, May 10. It was the third straight positive week. More than four-fifths of the index's members advanced,...
Oracle jumped to new highs almost two months ago. Now, after a pullback, the software giant may have found support. The first pattern on today’s chart is the gap higher on March 12 after earnings surprised to the upside. ORCL retraced the move and is starting to...
Most of the big earnings reports have now occurred, and so far they've done little to boost the market. Companies like Microsoft (MSFT), Meta Platforms (META), Netflix (NFLX), Caterpillar (CAT) and Intel (INTC) reported profits above Wall Street estimates. However...