Tag: Wall Street

Why Wall Street Is Losing Patience With Intel’s Turnaround

Reading Time : 3 minutesIntel’s strong data center growth was not enough to offset a sharp slowdown in PC shipments. After a weaker fourth quarter forecast, Bank of America downgraded the stock and several firms cut their price targets, leaving investors to question whether the company’s turnaround has been pushed further into the future.

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Global stocks sway as Wall Street rally loses momentum

Reading Time : 2 minutesGlobal stocks are wavering as Wall Street’s rally loses steam. Inflation data offered relief but did not dispel concerns about valuations or policy caution. Fed Chair Jerome Powell’s warning on stretched markets added to the hesitation, leaving investors looking to upcoming inflation and jobs data for clarity on future momentum.

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