Intel, Apple, Accenture, Micron, SpaceX, and More Stocks That Explain Today’s Market
The S&P 500 and Nasdaq rose on Thursday as Intel shares jumped 10%. This growth followed news of a chip deal between Apple and Intel touted by Trump. Oil prices fell 3.6% during the same period.
What changed
New data shows Intel shares rose 10% and the S&P 500 reached 7,500.
Live updates
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Intel Shares Surge 10% Following Apple Chip Deal
confidence 95%The S&P 500 and Nasdaq rose on Thursday as Intel shares jumped 10%. This growth followed news of a chip deal between Apple and Intel touted by Trump. Oil prices fell 3.6% during the same period.
What's confirmed:
- Intel shares increased 10% after news of an Apple chip deal touted by Trump.
- The S&P 500 rose 1.1% to 7,500.
- The Nasdaq grew 1.4%.
Still unconfirmed:
- Oil prices fell 3.6%.
- SpaceX is becoming a significant data center company in AI.
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Intel and Apple Chip Deal Sparks Tech Rally as SpaceX IPO Breaks Records
confidence 80%A deal between Apple and Intel for U.S. chip production has lifted semiconductor stocks and helped Wall Street recover from a Federal Reserve selloff. SpaceX has set records with its IPO, while hyperscalers prepare for massive AI infrastructure spending. The Nasdaq rose more than 3% amid these developments.
What's confirmed:
- Intel surged after Apple selected the company for U.S. chip production.
- SpaceX has conducted an IPO that shattered records.
- The Nasdaq rose more than 3%.
Still unconfirmed:
- Uber and Lucid are expanding in Houston.