Stock Movers: Intel Plunges on Manufacturing Woes, P&G Rises on Upgrade, Capital One Acquires Brex
Bloomberg PodcastsJanuary 24, 20263 min175 views
8 connections·11 entities in this video→Intel's Manufacturing Challenges
- 📉 Intel (INTC) shares extended opening declines, falling 16% due to a lackluster forecast and persistent manufacturing problems.
- ⚠️ The company is experiencing low manufacturing yields, impacting its ability to supply lucrative server computer chips.
- 🎯 The focus will shift to the recovery timing of gross margins in the second half of the year and external foundry traction.
Procter & Gamble's Analyst Upgrade
- 📈 Procter & Gamble (P&G) shares are up, driven by an upgrade from JP Morgan to 'overweight' with a price target of $165.
- 💡 JP Morgan cited the company's recent call as providing
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11 entities
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Transcript13 segments
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What’s Discussed
IntelINTCProcter & GambleP&GCapital OneCOFBrexStock MoversManufacturing YieldsAnalyst UpgradeOrganic RevenueEarnings ReportFintechAcquisition
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Companies· 6
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