Intel Corp . has quickly become one of the hottest stocks in the S&P 500 Index thanks to an eight-day surge that has added more than $100 billion in market value. A rash of good news over the last two weeks has reinvigorated investor enthusiasm that the chipmaker may be able to pull off a dramatic turnaround after years of underperforming amid fears that it had lost its edge in semiconductor manuf...
Intel Corp . has quickly become one of the hottest stocks in the S&P 500 Index thanks to an eight-day surge that has added more than $100 billion in market value. A rash of good news over the last two weeks has reinvigorated investor enthusiasm that the chipmaker may be able to pull off a dramatic turnaround after years of underperforming amid fears that it had lost its edge in semiconductor manufacturing. Shares just posted their best week since January 2020 and have soared 51% over the last eight sessions , the most on record for any similar stretch of trading — quite the feat for a company that went public in 1971. “It is clearly no longer on life support,” said Thomas Hayes , chairman and managing member of Great Hill Capital, which has about $1 billion in assets under management and owns the stock. The latest run of gains was sparked by an early April announcement that Intel had agreed to pay $14.2 billion to buy back half of a plant in Ireland from Apollo Global Management. The move was seen as proof that it’s making progress in its turnaround. “It sees itself in expansion mode, not survival mode,” Hayes said. The shares got another boost last week when Intel said it would join Elon Musk ’s Terafab project to develop semiconductors for Tesla Inc. , SpaceX and xAI. That was followed by a commitment for Alphabet Inc. ’s Google to use future generations of Intel’s Xeon processors in data centers. The rally has pushed the stock’s gains on the year to 69%, which comes on the heels of its 84% jump last year sparked by investments from Nvidia Corp., SoftBank Group Corp. and even the US government . The government’s stake is now worth roughly $27 billion, more than three times its original investment and slightly less than what the US pays annually for childcare services. “The Intel narrative keeps accelerating,” Melius Research analyst Ben Reitzes wrote in a note to clients on Friday as he raised his price target on the stock for the third time this year. “The thesis...
(Bloomberg) -- Intel Corp. has quickly become one of the hottest stocks in the S&P 500 Index thanks to an eight-day surge that has added more than $100 billion in market value.A rash of good news over the last two weeks has reinvigorated investor enthusiasm that the chipmaker may be able to pull off a dramatic turnaround after years of underperforming amid fears that it had lost its edge in semico...
(Bloomberg) -- Intel Corp. has quickly become one of the hottest stocks in the S&P 500 Index thanks to an eight-day surge that has added more than $100 billion in market value.A rash of good news over the last two weeks has reinvigorated investor enthusiasm that the chipmaker may be able to pull off a dramatic turnaround after years of underperforming amid fears that it had lost its edge in semiconductor manufacturing. Shares just posted their best week since January 2020 and have soared 51% ove
(RTTNews) - Hochtief AG (HOT.DE, HOCFF), a construction and infrastructure company, on Monday announced that a joint venture led by its Hochtief Infrastructure unit has been awarded a contract worth approximately 220 million euros to modernize the Cáslav military airport in the C
(RTTNews) - Hochtief AG (HOT.DE, HOCFF), a construction and infrastructure company, on Monday announced that a joint venture led by its Hochtief Infrastructure unit has been awarded a contract worth approximately 220 million euros to modernize the Cáslav military airport in the C
Photo: VCG Auto price hikes are increasingly likely as prices of key components like chips soar, said Lu Fang, chairman of Chinese electric-vehicle maker Voyah. The remarks, made Saturday at the Intelligent Electric Vehicle Development Forum, underscore the mounting margin pressures on Chinese automakers, who have so far absorbed soaring chip and battery costs to survive fierce competition amid sl...
Photo: VCG Auto price hikes are increasingly likely as prices of key components like chips soar, said Lu Fang, chairman of Chinese electric-vehicle maker Voyah. The remarks, made Saturday at the Intelligent Electric Vehicle Development Forum, underscore the mounting margin pressures on Chinese automakers, who have so far absorbed soaring chip and battery costs to survive fierce competition amid slumping domestic sales.
A strategist argues Viktor Orban’s defeat was against the prevailing trend, but the Iran war will cement a new global regime of deglobalization, state expansion and stubborn inflation.
A strategist argues Viktor Orban’s defeat was against the prevailing trend, but the Iran war will cement a new global regime of deglobalization, state expansion and stubborn inflation.
(RTTNews) - German stocks tumbled on Monday as oil prices climbed higher and bond yields rose after peace talks between the United States and Iran failed to bring about an agreement, and the U.S. Navy moved to block maritime traffic to and from Iran through the Strait of Hormuz.
(RTTNews) - German stocks tumbled on Monday as oil prices climbed higher and bond yields rose after peace talks between the United States and Iran failed to bring about an agreement, and the U.S. Navy moved to block maritime traffic to and from Iran through the Strait of Hormuz.
ismagilov/iStock via Getty Images By Ewa Manthey, Commodities Strategist and Warren Patterson, Head of Commodities Strategy Energy markets opened higher after the US threatened to block traffic through the Strait of Hormuz following the failure of weekend talks with Iran Energy – Oil prices surge amid Hormuz blockade threat Oil markets rallied sharply on Monday after US-Iran talks collapsed over t...
ismagilov/iStock via Getty Images By Ewa Manthey, Commodities Strategist and Warren Patterson, Head of Commodities Strategy Energy markets opened higher after the US threatened to block traffic through the Strait of Hormuz following the failure of weekend talks with Iran Energy – Oil prices surge amid Hormuz blockade threat Oil markets rallied sharply on Monday after US-Iran talks collapsed over the weekend. ICE Brent jumped more than 9% in early trade, while NYMEX WTI pushed above $105/bbl. In response, the US military plans to implement a blockade of all maritime traffic entering and exiting Iranian ports from 10:00am Monday Washington time, while allowing vessels not calling at Iranian ports to continue transiting Hormuz. Despite this, two fuel tankers attempted to exit the Gulf via routes close to Iran’s coastline, marking the first such movements since the blockade was announced. European gas prices also surged. Front-month TTF futures climbed nearly 18% to intraday highs above EUR51/MWh. The breakdown in peace talks has revived concerns over the conflict, now in its sixth week, while renewed US threats to block Hormuz have intensified fears of near-term supply tightness. Around 20% of global LNG supply has been disrupted, with LNG exports through Hormuz already suspended for more than a month. European gas prices have been up over 50% since the US and Israel first struck Iran in late February. Positioning data points to growing uncertainty. Speculators reduced their net long in ICE Brent by 5,583 lots to 424,270 lots as of last Tuesday, driven by a 4,525-lot fall in gross longs. By contrast, speculators increased their net long in NYMEX WTI by 7,121 lots over the week, taking it to 137,838 lots. US drilling activity remains subdued. Baker Hughes data shows the US oil rig count unchanged at 411 as of 10 April, as price volatility and weaker margins continue to weigh on investment. Total rigs fell by three to 545, leaving the count 38 rigs below year-ago levels....
Ivan Kyryk Volkswagen AG ( VWAGY ) reported a decline in global car sales in the first quarter, hit by a sharp slowdown in China amid intensifying competition from local brands, while broader market weakness in both China and the United States also weighed on deliveries. Deliveries declined 4% to 2.05 million units, the automaker said Monday. It pointed to headwinds, including an overall declining...
Ivan Kyryk Volkswagen AG ( VWAGY ) reported a decline in global car sales in the first quarter, hit by a sharp slowdown in China amid intensifying competition from local brands, while broader market weakness in both China and the United States also weighed on deliveries. Deliveries declined 4% to 2.05 million units, the automaker said Monday. It pointed to headwinds, including an overall declining Chinese market and tariffs in the U.S. “The first quarter of 2026 was once again characterized by very challenging economic and geopolitical conditions. The worldwide automotive market declined overall through the end of March," Marco Schubert, member of the group’s extended executive committee for sales, said. However, while the war in the Middle East has so far led to disruptions in the directly affected markets, this has not had a significant impact on the Volkswagen Group’s overall deliveries, Schubert added. For the coming months, it expects further positive momentum from key new models such as the Electric Urban Car Family in Europe and new locally developed electric models in China. More on Volkswagen AG Volkswagen AG (VWA:CA) Q4 2025 Earnings Call Transcript Volkswagen AG (VWA:CA) Q4 2025 Earnings Call Transcript Volkswagen AG 2025 Q4 - Results - Earnings Call Presentation Volkswagen Q4 operating profit plunges 45% on volume slump; introduces FY26 outlook Historical earnings data for Volkswagen AG
PJM Targets 15 Gigawatts Of New Power To Feed Data Center Boom PJM Interconnection, operator of the largest power grid in the United States spanning 13 states and serving more than 65 million people, has launched an emergency proposal to secure 15 gigawatts of new electricity supply, according to Bloomberg . The move aims squarely at the surging AI data center demand, which has pushed the regional...
PJM Targets 15 Gigawatts Of New Power To Feed Data Center Boom PJM Interconnection, operator of the largest power grid in the United States spanning 13 states and serving more than 65 million people, has launched an emergency proposal to secure 15 gigawatts of new electricity supply, according to Bloomberg . The move aims squarely at the surging AI data center demand, which has pushed the regional grid to its limits. The plan calls for bilateral negotiations to pair proposed data centers with new power plants. PJM will begin gauging interest from developers and generators late next week, with the formal matching process running from September 2026 through March 2027. The grid operator described the initiative as a targeted response to potential shortages driven by the AI boom, which has accelerated load growth far beyond earlier forecasts. We've been highlighting the growing strain on national grids like PJM for years now. Data centers are the dominant forces reshaping regional power markets, contributing heavily to capacity costs in recent auctions and forcing operators to scramble during winter peaks. Spot power prices have already hit records above $1,000 per megawatt-hour … US SPOT POWER PRICES REACH RECORD HIGH OVER $1,000 PER MWH AT PJM WEST HUB IN PENNSYLVANIA AND MARYLAND we are about to have a very shrill discussion about data center power use — zerohedge (@zerohedge) January 27, 2026 Explosive demand from hyperscalers' facilities in Virginia, Pennsylvania, and surrounding states continues to outpace new generation additions With shortfalls of 60 GW over the next decade . *PJM SEES POTENTIAL 60GW POWER SUPPLY SHORTFALL OVER NEXT DECADE This means all batshit insane capex spending plans will be scrapped since there is not enough juice to power the DCs https://t.co/tL14BClKfz — zerohedge (@zerohedge) February 6, 2026 The timing of this emergency proposal, however, adds a layer of absurdity. Just weeks ago, PJM informed Constellation Energy that transmission p...