While tech stocks fell sharply in late 2018, they surged again in 2019. How could the market react if tech stocks post lower-than-expected earnings?
Intel (INTC) stock has been on the rise since the start of September. The stock has risen 5.7% in the last three days and 11.4% in the past two weeks.
Chip maker Intel (INTC) stock rose in the premarket session today. At 9:26 AM ET, it was up 1.86% on expectations of a trade war truce.
Advanced Micro Devices (AMD) and Intel (INTC) have a history of intense competition in the CPU space in which one’s gains are the other’s losses.
AMD stock has fallen again after clocking 52-week highs. The broader stock market turned bearish amid global recession concerns.
Currently, the global market is a mess. Investors want more conservative dividend stocks in defensive sectors like consumer staples and utilities.
Apple’s iPhone business could be impacted as the dispute between Japan and South Korea threatens to disrupt the global semiconductor supply chain.