Intel’s Stock Volatility
Tae Kim and Brian Swint shared in a recent Barron’s piece that Intel Corp (INTC) experienced a 12% drop in shares, stirring concerns about its competitiveness in AI and prompting analyst downgrades.
DraftKings and Flutter Entertainment’s Debut
Angela Palumbo’s article revealed that Flutter Entertainment is set to debut on the New York Stock Exchange against DraftKings Inc (DKNG), though analysts anticipate DraftKings to maintain strong stock performance and a potential Barstool Sports marketing deal.
Tesla’s Stock Performance
Al Root noted that despite a minimal rebound, Tesla Inc (TSLA) stock is expected to remain weak for a few days due to the “three-day rule,” following recent underperformance.
Coinbase’s Market Resilience
Jack Denton’s article highlighted Coinbase Global Inc (COIN) stock’s 2% rise based on Oppenheimer’s “Outperform” rating and $160 target, citing confidence in resilience amid SEC challenges and positive prospects in market share and fundamentals.
Spirit Airlines and JetBlue Merger Concerns
Palumbo pointed out that Spirit Airlines Inc (SAVE) experienced a 16% drop in stock as JetBlue Airways (JBLU) suggested a potential termination of their merger agreement following a recent federal judge’s block of the proposed acquisition.