Apple, Amazon, Intel, AMD, Tesla: 5 stocks on investors’ radars

Apple, Amazon, Intel, AMD, Tesla: 5 stocks on investors’ radars

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Market participants are watching the US closely after a volatile week in which the major US indices closed over 2% higher Those of the Federal Reserve political decision due this week.

The core personal consumption expenditure index rose 0.5% mom and 5.1% yoy. While still on the higher side, the numbers are in line with expectations and giving markets some relief on hopes that the central bank will slow its pace of rate hikes going forward. Here’s a look at five stocks traders are eyeing ahead of the new week.

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1. apple inc AAPL: Workers are reportedly fleeing Apple’s largest company iPhone Assembly plant in China to avoid COVID-19 restrictions. A video was shared online, according to BBC News shows 10 people climb a fence outside Foxconn Technology Co Ltd FXCOF-Own plant in Zhengzhou. Last week, Apple reported fourth-quarter earnings per share of $1.29, beating the consensus estimate of $1.27. His earnings grew 8% year over year $83.36 billion to $90.1 billion.

2. Amazon.com, Inc AMZN: Amazon reported a 15% year-over-year jump in third-quarter sales of $127.1 billion, trailing Wall Street’s estimated $127.84 billion. However, shares of the retail giant closed down 6.8% on Friday after it reported a weak forecast for its Christmas quarter sales. Amazon’s market cap briefly fell below $1 trillion during the Friday route.

3. Intel Corporation INTC: Despite Intel reporting a 20% year-over-year revenue decline to $15.3 billion in the third quarter, Intel reported a stronger-than-expected performance in its PC segment, prompting the chipmaker’s shares to close over 10% higher on Friday. The company has revised its full-year sales Forecast at $63-64 billion compared to previous forecast of $65-68 billion. Intel also reportedly confirmed during its conference call that it will be fired…

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