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Nvidia to replace Intel on Dow Jones Industrial Average
Intel Was Just Dropped From the Dow. History Says This Is What Will Happens Next.
Intel (NASDAQ: INTC) stock popped Friday after it reported ugly third-quarter results but its outlook for the fourth quarter was better than expected. However, the celebration was short-lived, as S&P Global announced after hours that rival Nvidia would replace Intel in the Dow Jones Industrial Average (DJINDICES: ^DJI).
Nvidia ousts Intel from Dow Jones Index after 25-year run
On Friday, S&P Dow Jones Indices announced that AI chipmaker Nvidia will replace Intel in the Dow Jones Industrial Average, marking a seismic shift in the semiconductor industry and ending Intel's 25-year run on the prestigious stock market index.
Nvidia Rises on Intel Replacement on Dow
Shares of Nvidia rise as the company gets added to the Dow, replacing the likes of Intel. Nancy Tengler of Laffer Tengler Investments joins Caroline Hyde and Ed Ludlow to discuss on "Bloomberg Technology.
2d
Why Intel Stock Was Slipping Today
Intel's removal from the Dow doesn't really impact the business, but it will lead exchange-traded funds (ETFs) that track the ...
1d
Intel Q3: Mr. Market Was Wrong About Earnings
Intel's Q3 earnings showed a slight revenue beat but a big earnings miss due to restructuring charges, leading to a mixed ...
Nasdaq
6d
Don't Count Intel Out Yet: Why Now Could Be the Best Time to Buy
The Motley Fool recommends
Intel
and recommends the following options ... of the author and do not necessarily reflect those of
Nasdaq
, Inc. Founded in 1993 in Alexandria, VA., ...
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