U.S. stock market news: Intel shares fell over 1% after S&P downgraded its Crediting rating to BBB.

Gelonghui, December 11 | Intel (INTC.US) fell over 1% to $19.95. On the news front, Standard & Poor's downgraded Intel's credit rating from BBB+ to BBB, with the outlook remaining stable. Standard & Poor's noted that Intel's revenue for the first nine months of this year was $38.84 billion, roughly flat compared to the same period last year, falling short of the rating agency's expectations. The departure of CEO Pat Gelsinger, which is crucial to the company's integrated manufacturing strategy, also increases uncertainty in the execution of the transformation plan. Although the company assures that its business strategy will largely remain unchanged, institutions still assume that the new CEO will...

Gelonghui Finance22:43

Advanced Micro Devices, Intel See Modest Increase in Notebooks Shipped: Citi

Seeking Alpha22:40

Daily short sale tracking: Walgreens Boots Alliance's short volume increased by 20 million, with a short sale ratio of 23%

Walgreens Boots Alliance(WBA.US) ranked top of the list had the largest change in short volume (20.84 million shares), and the short volume ratio of Ameren(AEE.US) reached 39.9%. See more about the top 10 list of short selling volume changes in the latest trading day of the US stock market.

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Mobileye To Use Innoviz Technologies' LiDARs For Its Mobileye Drive AV Platform

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Nvidia, AMD, Intel Invest in Ayar Labs, Valuing Startup at $1B: Report

Seeking Alpha20:35

Benchmark Co. Maintains Intel(INTC.US) With Hold Rating

Futu News20:33 · Ratings