HomeIndustriesTechnologyINTC Pops on New CEO, MSFT 'Key Shelter in the Storm'
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INTC Pops on New CEO, MSFT 'Key Shelter in the Storm'

INTC Pops on New CEO, MSFT 'Key Shelter in the Storm'

Kevin Green takes a look at two tech stocks on the move: Intel (INTC) and Microsoft (MSFT). Intel named a new CEO late Thursday. Lip-Bu Tan joins the company after previously serving as CEO of Cadence Design Systems (CDNS). Meanwhile, DA Davidson upgrades Microsoft to a Buy calling it "best positioned Mag 6 for a slowing consumer." In terms of SPX, Kevin sees upwards resistance at $5690, with downside support at $5500.

Morning Movers

13 Mar 2025

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