Intel’s upbeat Q2 outlook, powered by strong demand for AI-focused server chips, beat expectations and lifted investor confidence. The company forecast revenue of $13.8–$14.8 billion and also delivered better-than-expected earnings guidance. Shares jumped about 19% in extended trading, adding roughly $64 billion in market value, as CEO Lip-Bu Tan pushes a turnaround plan of cost cuts, asset sales, and partnerships.
Shares of India’s major cigarette companies have surged over the past month, pushing ITC, Godfrey Philips, and VST Industries to record highs. The rally signals strong investor appetite, with the move linked to price increases paired with higher trading volumes. For markets watching consumer staples and volume trends, the sector’s momentum is now impossible to ignore.
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