Intel Stock Pops on TSMC, Broadcom Deal Report | Global News Avenue

The first market meeting a day after the president, the major U.S. stock index made smaller gains, higher after fluctuations throughout most of the meeting.

this A shortened vacation week The Fed’s policy tendency could be clarified, the closest meeting to the central bank will be released, and a plan to comment. Similarly, this week’s attack was a revenue report from well-known people like retail giant Walmart (WMT).

Tuesday afternoon rally helped the S&P hit a record high with a 0.2% daily gain. The Dow Jones and Nasdaq rose less than 0.1%.

Supercomputer shares (SMCI) rose more than 16%, increasing all S&P 500 shares and extending A bunch of profits Releases since the successive manufacturers provided business updates last week. In addition to forecasting strong revenue growth in fiscal 2026, Supermicro claims it will be able to meet the February 25 deadline to submit its delayed annual report. Supermicro stock could face pickiness if the company fails to meet regulatory requirements by that date.

Wall Street Journal Indicates that chip manufacturing competitor Taiwan Semiconductor Manufacturing Company (TSM) and Broadcom (avgo) may be trading in order to allocate US semiconductor giant Intel (INTC). According to the report, Broadcom has been Consider a acquisition In Intel’s semiconductor design and marketing business, TSMC has been exploring the possibility of taking over some or all of Intel’s manufacturing facilities. Intel’s share price rose by about 16%.

Walgreens Boots Alliance(WBA) Stocks soared 14% CNBC Pharmacy operators may still be Consider selling To private equity firm Sycamore partners. According to the Financial Network, it appears that Walgreens’ private potential deals were shelved a few weeks ago, but there may be momentum of updates behind the deal.

The heaviest loss in the S&P 500 is Medtronic’s shares (MDT), fell more than 7% after medical device manufacturers The results of the release are mixed Third quarter. Although adjusted EPS estimates, quarterly revenues were similar, while Medtronic’s declining sales of binding and oxygen management products had an impact on its performance.

Conagra Brand (CAG) Lower it Year-round sales guidanceCiting supply issues, stocks in packaged food companies fell 5.5%. Hunt’s tomato sauce, Orville Redenbacher’s parent company of popcorn and other grocery staples noted that it challenged its main facility for processing chicken for frozen dinners, and the unexpected enhancement of the demand for Frozen vegetables, is its more Big factor. Soft prediction.

Stocks of health insurance giant United Health Group (Unh) fell 4.4% after the Federal Trade Commission said it would retain guidance for the Biden administration to review the merger. The application of these existing rules may lead to plans to acquire family and hospice provider AMEDISYS (Amed) by UnitedHealth’s Optum Department.