The funny thing is, three of these S&P 500 tickers have been errantly, excessively sold off. In light of the first-ever contraction Meta Platforms (NASDAQ: FB) reported for the number of monthly users of its flagship social media website -- Facebook -- last quarter, it would be easy to assume fellow social networking outfit Twitter (NYSE: TWTR) is facing the same headwind. Twitter shares are down more than 40% from October's high, and still within sight of the new 52-week low reached just last month. Read More...
Motley Fool
Intel Stock Crashed Today — Is It a Buy?
Since crashing hard after earnings last month, Intel (NASDAQ: INTC) spent much of the last three weeks clawing its way back higher — and even approached its pre-earnings share price last week. All that hard work was undone in a day, however — today, to be precise — when Intel unveiled its “2022 and long-term growth strategy” last night. In its presentation, Intel described how, over the long term, it intends to rebuild its business, first reaccelerating sales growth into the “mid-to-high-single digits” range in 2023 and 2024, then stepping even harder on the gas pedal, and racing ahead to 10% to 12% annual revenue growth by 2026.
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