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Bloomberg66d agobullish
Intel Shares Soar After Trump Says It Struck Apple Chip Deal

(Bloomberg) -- Intel Corp.’s stock surged more than 9% in premarket trading Thursday after US President Donald Trump said the chipmaker will work alongside Apple Inc. to design and produce semiconductors domestically.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingTrump Blows Through His Iran Red Lines in Justifying Peace DealIran’s Deputy Foreign Minister Confirms Deal Reached With USApple Plans Camera Air

Bloomberg66d agobullish
Fed’s Warsh Rocks Bond Market in Debut, Sparks Surge in Rate-Hike Bets

(Bloomberg) -- Traders piled into betting on interest-rate hikes as soon as next month after Kevin Warsh used his debut press conference as Federal Reserve chairman to make clear the central bank won’t tolerate high inflation.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingTrump Blows Through His Iran Red Lines in Justifying Peace DealIran’s Deputy Foreign Minister Confirms Deal Reached With USApple Plans C

Intel Stock Rockets on Apple Partnership
The Wall Street Journal66d agobullish
Intel Stock Rockets on Apple Partnership

Shares in Intel are up nearly 10% in premarket trading after President Trump said Apple agreed to work with the tech giant to design and build chips in the U.S. Apple and Intel previously reached a preliminary agreement for Intel to manufacture some chips for Apple devices after more than a year of intense talks, The Wall Street Journal reported in May.

Stock Futures Jump as Iran Peace Deal Eclipses Fed Fears to Spark a Market Rebound
Barrons.com66d agobullish
Stock Futures Jump as Iran Peace Deal Eclipses Fed Fears to Spark a Market Rebound

Stocks looked set to rebound on Thursday as the peace deal between the U.S. and Iran helped investors to get over the worst of their worries about a hawkish Federal Reserve. The selloff came after Fed Chairman Kevin Warsh signaled he was determined to rein in inflation, fueling bets that the central bank will hike interest rates later this year. Warsh’s comments “led investors to fully price in a Fed hike by October, with the repricing weighing on risk assets,” said Deutsche Bank economist Peter Sidorov.

3 Reasons to Avoid OKTA and 1 Stock to Buy Instead
StockStory66d agobullish
3 Reasons to Avoid OKTA and 1 Stock to Buy Instead

Over the past six months, Okta has been a great trade, beating the S&P 500 by 15.3%. Its stock price has climbed to $113.87, representing a healthy 26.2% increase. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.

Chevron (CVX) Buys 70% Of Greece Offshore Block 10 With HELLENiQ ENERGY
Simply Wall St.66d agobullish
Chevron (CVX) Buys 70% Of Greece Offshore Block 10 With HELLENiQ ENERGY

Chevron (NYSE:CVX) has agreed to acquire a 70% stake and operatorship in the Block 10 offshore concession in Greece's Southern Ionian Sea. The remaining 30% interest is held by HELLENiQ ENERGY, forming a new partnership in Greek offshore exploration. The transaction expands Chevron's deepwater exploration footprint into the Eastern Mediterranean. For Chevron, a global integrated energy company, the entry into Greece's Southern Ionian Sea adds a fresh offshore exploration area to its...

Rackspace Technology (RXT) Stock After 42% Weekly Jump Is The Rally Getting Ahead Of Itself
Simply Wall St.67d agobullish
Rackspace Technology (RXT) Stock After 42% Weekly Jump Is The Rally Getting Ahead Of Itself

If you are wondering whether Rackspace Technology stock is still attractively priced after its recent run, a good starting point is understanding what current buyers are paying for each dollar of the business. At the last close of US$7.53, Rackspace Technology has seen sharp share price moves recently, including a 42.5% return over 7 days, 56.9% over 30 days and a year to date gain that is several times the starting price. These recent returns sit alongside very large gains over the past...

Freeport-McMoRan (FCX) Stock After 69% One-Year Jump Is The Rally Running Ahead Of Itself
Simply Wall St.67d agobullish
Freeport-McMoRan (FCX) Stock After 69% One-Year Jump Is The Rally Running Ahead Of Itself

If you are wondering whether Freeport-McMoRan stock still offers value after its recent rise, or if you might be late to the party, this article focuses squarely on what the current price could mean for you. Freeport-McMoRan shares last closed at US$69.06, with reported total returns of 11.2% over 7 days, 14.1% over 30 days, 33.0% year to date, 69.7% over 1 year, 80.8% over 3 years and 99.0% over 5 years. Recent news about Freeport-McMoRan has centered on its role as a major materials...

Rackspace Technology (RXT) Stock Looks 248% Overvalued After Its 21.3% Jump
Simply Wall St.67d agobullish
Rackspace Technology (RXT) Stock Looks 248% Overvalued After Its 21.3% Jump

Rackspace Technology (RXT) stock drew fresh attention after a sharp single-day move, with a 21.3% gain, prompting investors to reassess how the company’s hybrid cloud and AI profile lines up with its current valuation. See our latest analysis for Rackspace Technology. The move takes place after a period of very strong momentum, with the share price returning 56.9% over the past month, around 7x over the year to date, and a one year total shareholder return of just over 5x, although the five...

ServiceNow (NOW) Expands Agentic AI With Wipro Digimarc And HPE Partnerships
Simply Wall St.67d agobullish
ServiceNow (NOW) Expands Agentic AI With Wipro Digimarc And HPE Partnerships

ServiceNow (NYSE:NOW) has expanded its agentic AI workflow ecosystem through new partnerships with Wipro, Digimarc, and HPE. Wipro is deploying agentic AI workflows on the ServiceNow platform to help move customers from pilots to broad enterprise rollout. Digimarc is integrating provenance and cryptographic verification into ServiceNow AI agents and Action Fabric to support trustworthy AI outputs. HPE is working with ServiceNow to offer unified agentic AIOps and AI-driven service delivery...