Intel Surges, Tesla Tumbles, American Airlines Sinks
Today's biggest winners and losers in the stock market, a look at the notable movers: On this episode of Stock Movers:- Intel (INTC) surged in late trading after the chipmaker’s revenue forecast shattered estimates, indicating that booming data center spending is helping fuel a long-awaited turnaround. Sales will be $15.8 billion to $16.8 billion in the third quarter, with the low end of that range easily clearing the $15.1 billion average analyst estimate. Intel shares gained about 9% after the results were released, lifted by growing confidence in Intel’s comeback plan under…
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