Intel Gains; SpaceX Gift;s Nvidia Bounce Back
Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Intel (INTC) is gaining in the premarket as JPMorgan upgrades to neutral from underweight, noting that the chipmaker’s turnaround might take years, but the management’s execution has been solid. - SpaceX (SPCX) shares are moving on news Elon Musk pledged to distribute a share of SpaceX to every kid in America, with the move coming after Anthropic PBC said it would set aside a portion of its shares for the public benefit. The donation could be worth about $10.5 billion at the current share price, according to estimates from the US Census Bureau that there are about 72 million children in the US. - Nvidia (NVDA) is bouncing back amid concerns over the AI trade following last week's CoreWeave (CRWV) slide. See omnystudio.com/listener for privacy information.