Intel shares surged after posting a $4.1 billion profit in Q3, signaling a potential turnaround under CEO Lip-Bu Tan. With Microsoft backing and strong demand, investors are wondering if it's time to buy INTC.
Chip stocks are on the rise following TSMC's record quarterly profit, while PepsiCo forecasts a smaller decline in annual core profit. June retail sales also show a surprising uptick, signaling strong consumer confidence.
Delta Air Lines reported a surprising quarterly profit, boosting investor confidence despite lowering its full-year forecast. The airline's performance highlights the stabilization of travel demand and growth in high-margin business segments.