Using Kensho technology, CNBC will surface research and analytic insights designed to create actionable, historical content around market moving events. INTEL'S UPSIDE
Shares of Intel soared on Friday, after the company beat analysts' estimates on the top and bottom lines, while offering strong guidance. The positive results were driven by strong demand for its personal computer and data centers. The chipmaker extending its rally with the stock hitting levels not seen since the dot-com era in 2000. And according to history, the run may not be over.
A month after moves of similar magnitudes, the trend tends to continue, with the stock adding another 2.3%, trading positively 75% of the time.
![]() TECHNOLOGICALLY ADVANCED A big week for Tech earnings on tap, with Apple, Microsoft, Facebook and Amazon all set to report next week. The rally in tech appears to be going strong – after soaring about 48% in 2019, the SPDR Technology ETF, the XLK, was up about 7% in the past month.
Two weeks after similar gains, the trend tends to continue, with the group adding another 1.25%, trading positively 75% of the time.
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Jumat, 24 Januari 2020
Intel's stock has soared to dot-com era levels, here's what could happen next...
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