Intel Downgraded to BBB Rating Over High Industry Costs Amid Management Uncertainty, S&P Says

MT Newswires18minutes ago

Express News | Wondershare Technology Group showcased at the AMD Tokyo Advancing AI & HPC Conference.

Breakings58minutes ago

Daily Options Tracking | Google's quantum chip is extremely popular! A call option made a staggering 63 times profit; NVIDIA's stock price is sluggish, with implied volatility of options increasing for four consecutive days.

After the earnings report, C3.ai's stock price experienced significant fluctuations, briefly rising over 7% before turning negative. During the session, the Options Volume surged to nearly 0.4 million contracts, ranking eleventh on the list of individual stock options in the U.S. market, with a Call ratio of 72.4%.

Futu News18:19

S&P downgraded Intel (INTC.US) credit rating to 'BBB', just two levels above junk bond rating.

S&P downgraded the credit rating of chip manufacturer Intel (INTC.US) from "BBB+" to "BBB". S&P pointed out 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, below the rating agency's expectations. The departure of CEO Pat Gelsinger, who is crucial to the company's integrated manufacturing strategy, also adds uncertainty to the execution of the transformation plan. Although the company has assured that the Business strategy will largely remain unchanged, Institutions still assume that the new CEO will make some changes, which may increase the uncertainty of turning the Business around.

AASTOCKS09:05

Apple (AAPL.US) will introduce Satellite communication and blood pressure measurement functions in its smartwatches next year.

It is reported that Apple's next super Asia Vets watch will be able to send text messages via Satellite and measure blood pressure.

Zhitong Finance08:25

Express News | S&P: Downgraded Intel's rating to BBB, with a stable outlook. The company's recovery in business activities is slow.

Breakings06:06