Benzinga opinions this weekend’s high tales coated by Barron’s. Listed here are the articles traders have to learn.
In “Intel Inventory Had Its Worst Day in Years After Earnings. What Wall Avenue Is Saying,” Tae Kim and Brian Swint write that
Intel Corp INTC shares dropped 12% on weak steering, stirring issues about its competitiveness in AI and prompting downgrades from analysts.
In “Flutter Leisure Inventory Joins the NYSE Subsequent Week. What It Means for DraftKings,” Angela Palumbo says that Flutter Leisure will debut on the New York Inventory Alternate in opposition to DraftKings Inc DKNG, however analysts count on DraftKings to carry off the competitors given its sturdy inventory efficiency and potential Barstool Sports activities advertising and marketing deal.
In “Tesla Inventory Will Must Watch for a Rebound. Blame the Rule of Three,” Al Root notes that Tesla Inc TSLA inventory has rebounded minimally following a 12% drop however is predicted to remain weak for a couple of days as a result of “three-day rule,” as portfolio managers hestitate to behave following the corporate’s current underperformance.
In “Coinbase Inventory Positive factors on Improve. Don’t Underestimate the Dealer’s Power,” Jack Denton writes that Coinbase International Inc COIN inventory rose 2% primarily based on Oppenheimer’s “Outperform” score and $160 goal, because the agency cited confidence within the firm’s resilience amid SEC challenges and constructive prospects in market share and fundamentals.
In “Spirit Airways Inventory Tumbles as JetBlue Warns It Might Stroll Away From Merger,” Palumbo factors out that Spirit Airways Inc SAVE inventory dropped 16% as JetBlue Airways JBLU urged the potential termination of their merger settlement as a consequence of unmet closing circumstances, following a current federal choose’s block of the proposed acquisition.
This content material was partially produced with the assistance of AI instruments and was reviewed and revealed by Benzinga editors.