Intel Stock Rallies On Layoff Buzz As Wall Street Braces For Threadbare Q1 Earnings
1. Intel will report Q1 earnings with $12.30 billion revenue expectation. 2. Stock down 39% in the past year; up nearly 4% YTD. 3. Short-term SMAs indicate bullish signals; longer-term SMAs reflect downtrend. 4. Analysts currently rating Intel as Neutral with a price target of $25. 5. Potential layoffs may signal fiscal discipline under new CEO Lip-Bu Tan.