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Intel’s Turnaround Hits a Snag as Weak Forecast Sends Stock Tumbling

Key Points Intel issued a disappointing forecast for first-quarter revenue and profit. The company is struggling to meet the booming demand for its server chips from the AI data center build-out. The weak forecast sent Intel's stock down 7% in after-hours trading. The company is also facing challenges with its new 18A manufacturing process and a global shortage of memory...

Moderna Stock Jumps 10%, Hitting Highest Level in Over a Year

Key Points Moderna's stock rose 10% on Thursday, hitting its highest level since November 2024. The stock is up 57% in the last month. The rally is partly attributed to a favorable patent ruling in Europe and optimism about a cancer vaccine trial. The stock price is now well above the average analyst price target. Moderna was the S&P 500's...