Stock Movers Apple Rises, Intel Jumps, Peloton Gains as Deutsche Bank Raises to Buy
4 snips
Apr 14, 2025 Apple is soaring in the stock market thanks to tariff exemptions, highlighting its strategic moves amid regulatory changes. Intel gains traction after deciding to sell a majority of its Altera business, allowing for a sharper focus on AI. Meanwhile, Peloton rebounds as Deutsche Bank upgrades its stock, suggesting the company has been unfairly punished since last quarter's earnings. Exciting times are ahead in tech and fitness markets!
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Apple's Tariff Relief
- Apple stock saw relief after tariff exemptions on popular electronics.
- This exemption is considered a best-case scenario, despite Apple preparing for the worst.
Apple's Volatility
- Apple stock has seen significant volatility recently.
- It's experiencing its first 5-day streak of 4% or more moves since the 2008 financial crisis.
Intel's Strategic Divestment
- Intel is selling 51% of its Altera business to Silver Lake.
- This aligns with the new CEO's strategy to spin off non-core assets, boosting investor optimism.