Intel Stock Jumped Today — What’s Next After Its Q1 Results?

Intel (Nasdaq: intc) The shares recorded great gains in trading on Thursday. The company’s share price ended today, an increase of 4.4 %. At the same time, and S & P 500 The index jumped 2 % in the session, and Nasdak The index rose 2.7 %.

Intel’s evaluation increased again in trading on Thursday in conjunction with hopes of making decisions on the trade war front, which sparked an upward momentum for the broader market. But the image of the directive presented by the company in its report in the first quarter this afternoon indicates that today’s gains can be prepared to evaporate tomorrow.

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The market witnessed another major gain on Thursday, as investors bought stocks in the hope that some trade war tensions will be reduced soon. Reports that indicate that the Trump administration intends to complete a deal with China and reduce the customs tariff in increasing the bullish market momentum, and that news that the United States may close to a trade agreement with India also to send higher reviews.

Intel reported the results of the Q1 after the market closed today, and has already published sales and profits for the period that came much better than Wall Street. The company recorded profits per share (EPS) amounting to $ 0.13 on sales of $ 12.67 billion, before the average invitation of the analyst is applied for profits for each post of $ 0.01 on $ 12.3 billion sales.

On the other hand, INTEL has a significant decrease in serial performance in the quarter. The point of the center point in the administration calls for the second -quarter sales to only $ 11.8 billion, indicating a decrease of approximately 7 % on an annual basis. At the same time, the work is guided by a draw in the current quarterly period. The average goal of Wall Street had called for a profit of $ 0.06 per share. The stock decreased by approximately 4.6 % in trading after working hours to this lines. Although the 1 -year -winning profit exceeded Miss Q2, investors may be concerned that the customs tariffs and trade war dynasties may have pushed the demand forward in the last quarter – and that the future performance is about to be the weakest result.

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