Closing Bell: Intel Rises, Tesla Slumps, Freeport-McMoRan Falls
Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Matt Miller, Carol Massar and Tim Stenovec.- Intel (INTC) shares continue to rally. Investors are piling into bullish bets on Intel Corp., betting that a weeks-long rally following a string of investments from the US government, Nvidia Corp. and others will continue as the chipmaker seeks further tie-ups. Implied volatility in three-month Intel options jumped this week to the highest level since the tariff-driven selloff in US stocks in…
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