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Earnings Highlight Real Risks to Intel Stock

I’m sure many shareholders are questioning why Intel (NASDAQ:INTC) dropped so sharply. Intel stock fell 8.6% on Friday. That’s not quite a move on the level of Facebook (NASDAQ:FB) or Twitter (NYSE:TWTR), both of which plunged after their own earnings announcement. But for a company with a $240 billion market cap (still), an 8%+ move is big — and rare.7 Best Stocks to Buy to Upgrade Your AI Portfolio …read more […]

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Baidu (BIDU) Stock Rises on Q2 Earnings Beat

Baidu (NASDAQ:BIDU) reported its latest quarterly earnings results after the bell Tuesday, which were better than what analysts were calling for, sending shares rising late in the day. Baidu added that for the period, it amassed adjusted earnings of roughly $3.18 per share, which is stronger than the $2.44 per share that analysts polled by FactSet were calling for in their average estimate. Analysts were calling for Baidu to bring in revenue of $3.8 billion for the quarter. …read more […]