Genniefy — News

INTC

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

<body>STORY: :: Lisa Bernhard, Reuters:: Ross Mayfield, Investment Strategist, BairdThe 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.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."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."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."</body>

Reuters Videos · May 08, 2026 READ →

AAPL

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

<body>STORY: :: Lisa Bernhard, Reuters:: Ross Mayfield, Investment Strategist, BairdThe 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.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."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."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."</body>

Reuters Videos · May 08, 2026 READ →

USD/JPY

Yen bears pull back from two-year high after suspected Japan interventions

SINGAPORE, May 8 (Reuters) - Speculators retreated from their largest bearish bets on the yen in two years, weekly data from a U.S. regulator showed on Friday, as suspected Japanese interventions

Reuters · May 08, 2026 READ →

SHOP

Is It Time To Reassess Shopify (SHOP) After Recent Share Price Weakness?

If you are wondering whether Shopify at around US$111.74 is still a sensible price to pay, the key is understanding what that tag implies about the stock’s underlying value. The share price has seen a 7.8% decline over the past week and a 4.5% decline over the last 30 days, even though the 1 year return sits at 18.9% and the 3 year return at 77.6%, with a more modest 6.6% over 5 years and a 28.9% decline year to date. Recently, headlines have focused on Shopify’s position in e commerce...

Simply Wall St. · May 08, 2026 READ →

TSLA

Intel’s comeback story is even wilder than it seems

Intel's stock has risen a stunning 490% over the past year, a bet by Wall Street that may be running well ahead of the company's actual turnaround.

TechCrunch · May 08, 2026 READ →

AAPL

Intel’s comeback story is even wilder than it seems

Intel's stock has risen a stunning 490% over the past year, a bet by Wall Street that may be running well ahead of the company's actual turnaround.

TechCrunch · May 08, 2026 READ →

INTC

Intel’s comeback story is even wilder than it seems

Intel's stock has risen a stunning 490% over the past year, a bet by Wall Street that may be running well ahead of the company's actual turnaround.

TechCrunch · May 08, 2026 READ →

GS

Sector Update: Financial Stocks Decline Late Afternoon

Financial stocks were lower late Friday afternoon, with the NYSE Financial Index decreasing 0.1% and