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Fly News Breaks for October 18, 2019
INTC, AMD
Oct 18, 2019 | 09:37 EDT
Loop Capital analyst Cody Acree is keeping his Hold rating and $50 price target on Intel (INTC) ahead of its Q3 results next week. The analyst believes that the company will likely deliver in-line earnings and may even lift its FY19 revenue guidance again after a modest raise last quarter thanks to the strong back-to-school season sales of PCs/notebooks/tablets. Longer term however, Acree contends that Intel's market share may be challenged by AMD's (AMD) new server processors, noting that the latter's new architecture and manufacturing leadership will see a period of share gains eroding Intel's data center business growth.
News For INTC;AMD From the Last 2 Days
AMD
Feb 28, 2020 | 10:22 EDT
As bitcoin, ethereum and other cryptocurrencies get increasing attention from investors, Wall Street and its traditional banks continue to adjust to the shift. Catch up on... To see the rest of the story go to thefly.com. See Story Here
AMD
Feb 28, 2020 | 08:55 EST
Thursday's total option volume of 43.9 million contracts resulted in net open interest growth of 5.26 million calls and 5.69 million puts. Ford (F), Bank of America (BAC), Apple (AAPL) and Advanced Micro (AMD) saw the greatest growth. Top five new positions opened include 60k Pure Storage (PSTG) Mar-20 12.5 puts, 60k Ford (F) Sep-20 5 puts, 59k Ford (F) Sep-20 9 calls, 55k Macy's (M) Mar-20 11 puts and 35k Sally Beauty (SBH) Mar-20 12.5 puts.
INTC
Feb 28, 2020 | 08:42 EST
Meeting to be held in Frankfurt, Germany on February 28 hosted by Deutsche Bank.