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Fed’s Eyes Turn to Inflation: Heard on the Street Recap
The Wall Street Journal143d agoneutral
Fed’s Eyes Turn to Inflation: Heard on the Street Recap

The U.S. economy added 115,000 jobs in April, the Labor Department said, far exceeding expectations. The unemployment rate stayed unchanged at 4.3%. Intel shares rose 14% after The Wall Street Journal reported that the chip maker struck a preliminary deal to supply chips to Apple.

Market Talk: Soaring chip stocks 'can go even higher from here'
Reuters Videos143d agobullishVIDEO
Market Talk: Soaring chip stocks 'can go even higher from here'

<body><p>STORY: :: Lisa Bernhard, Reuters</p><p>:: Ross Mayfield, Investment Strategist, Baird</p><p>The S&P 500 and the Nasdaq rallied to record highs on Friday, boosted by gains in semiconductor stocks, while a stronger-than-expected jobs report pointed to labor market resilience.</p><p>Speaking with Reuters' Lisa Bernhard, Mayfield said that with April's nonfarm payrolls data "building on last month's strong report... you start to feel like maybe the labor market is turning a corner."</p><p>Meanwhile, shares of Intel joined the chip rally late Friday, soaring as high as 19%, after the Wall Street Journal reported on Friday that the company had reached a preliminary deal to make some chips for Apple devices.</p><p>"I certainly wouldn't want to stand in front of this momentum-driven sector," Mayfield said of the recent chip rally. "In my mind, it can't be a bubble if earnings are keeping up with price."</p></body>

Apple May Become an Intel Customer Again. What This Means for Both Companies.
Barrons.com143d agoneutral
Apple May Become an Intel Customer Again. What This Means for Both Companies.

On Friday The Wall Street Journal cited sources who said that Apple and Intel had reached a preliminary agreement for Intel to manufacture chips for the iPhone-maker. Intel stock was up 16% in midday trading on the news; it has risen 246% this year. Apple uses Taiwan Semiconductor Manufacturing to make its Apple Silicon chips that run all its devices.

Intel Just Ripped 116% in a Month. Is It Time to Sell in May and Go Away?
24/7 Wall St.143d agobearish
Intel Just Ripped 116% in a Month. Is It Time to Sell in May and Go Away?

Shares of Intel (NASDAQ:INTC) are ripping higher again in Friday afternoon trading, with the stock changing hands near $125, up roughly 14% on the session. The move caps a stunning month for the chipmaker. INTC stock is now up approximately 116% over the past month with today’s intraday gain factored in. Through Thursday’s close, Intel ... Intel Just Ripped 116% in a Month. Is It Time to Sell in May and Go Away?

Intel Stock Surges on Apple Deal
The Wall Street Journal143d agobullish
Intel Stock Surges on Apple Deal

Shares of Intel are up more than 15% in afternoon trading, building on morning gains after The Wall Street Journal reported that the chip maker had struck a deal with Apple to make some of the chips that power its devices.

Apple, Intel have reached preliminary chip-making deal, WSJ reports
Reuters143d agoneutral
Apple, Intel have reached preliminary chip-making deal, WSJ reports

Apple and Intel have reached a ‌preliminary agreement for Intel ‌to manufacture some of the chips ​that power the iPhone maker's devices, the Wall Street Journal reported on Friday, citing people ‌familiar with ⁠the matter. Intensive talks between the two companies have ⁠been underway for more than a year, and they ​hammered out ​a ​formal deal in ‌recent months, the report said. Apple shares were up about 2%, while Intel's stock extended gains and was last up ‌about 14%.

Wedbush Hikes Apple Price Target to $400: AI Inflection Point Could Reach 20% of the World
24/7 Wall St.143d agoneutral
Wedbush Hikes Apple Price Target to $400: AI Inflection Point Could Reach 20% of the World

Wedbush raised its price target on Apple (NASDAQ:AAPL) to $400 from $350, with analyst Daniel Ives keeping an Outperform rating and calling the company “the sleeping tech giant about to see a major inflection point.” Ives estimates that roughly 20% of the world’s population will access AI through an Apple device over the coming years, ... Wedbush Hikes Apple Price Target to $400: AI Inflection Point Could Reach 20% of the World

Warren Buffett: “I’d rather have Greg handling my money than any of the top investment advisors or any of the top CEOs of the United States.”
24/7 Wall St.143d agoneutral
Warren Buffett: “I’d rather have Greg handling my money than any of the top investment advisors or any of the top CEOs of the United States.”

Warren Buffett does not hand out personal endorsements of his money manager every day. That makes the line he delivered about Greg Abel, who formally became President and CEO of Berkshire Hathaway on January 1, 2026, worth pausing on. For shareholders of Berkshire Hathaway (NYSE:BRK-B), it is the strongest possible vote of confidence after the ... Warren Buffett: “I’d rather have Greg handling my money than any of the top investment advisors or any of the top CEOs of the United States.”