Bank

Gains

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<p class="has-drop-cap">In a bustling day on Wall Street, three tech giants are making waves with significant announcements and stock movements. Intel (<a href="https://tokenist.com/investing/how-to-invest-in-stocks/" rel="dofollow" class="deco-link">NASDAQ: INTC</a>), Hewlett Packard Enterprise (<a href="https://tokenist.com/investing/how-to-buy-shares-online/" class="deco-link">NYSE: HPE</a>), and Microsoft (<a href="https://tokenist.com/investing/how-to-buy-stocks/" class="deco-link">NASDAQ: MSFT</a>) are each navigating unique challenges and opportunities in the rapidly evolving tech landscape, particularly in the realm of artificial intelligence.</p> 
<h3 id="intel-shares-surge-on-major-aws-deal">Intel Shares Surge on Major AWS Deal</h3> 
<p>Intel Corporation (INTC) shares surged 6.81% to $22.33 in morning trading, buoyed by a <a href="https://www.intc.com/news-events/press-releases/detail/1709/intel-and-aws-expand-strategic-collaboration-helping" target="_blank" aria-label=" (opens in a new tab)" rel="noreferrer noopener nofollow" class="deco-link">major deal with Amazon Web Services (AWS)</a>. <br><br>The chipmaker announced it will produce custom AI chips for AWS, marking a significant milestone for Intel’s struggling foundry business. This multibillion-dollar agreement is seen as a vote of confidence in Intel’s capabilities and could potentially add over $3 billion to the company’s market value. Despite a challenging year with a year-to-date return of -54.97%, this deal offers a glimmer of hope for Intel’s turnaround efforts.</p> 
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<h3 id="hpe-stock-gains-on-analyst-upgrade">HPE Stock Gains on Analyst Upgrade</h3> 
<p>Hewlett Packard Enterprise (HPE) saw its stock climb 5.92% to $18.25 following an analyst upgrade from Bank of America. BofA raised its rating on HPE to Buy from Neutral and increased the price target to $24 from $21. <br><br>The upgrade comes as HPE moves forward with its $14 billion acquisition of Juniper Networks, a deal expected to yield significant cost synergies. HPE’s recent Q3 financial report highlighted strong AI server revenues of $1.3 billion and a substantial backlog, indicating growing momentum in the AI infrastructure market.</p> 
<h3 id="msft-announces-60-b-share-buyback-program-10-dividend-hike">MSFT Announces $60 B Share Buyback Program, 10% Dividend Hike</h3> 
<p>Microsoft Corporation (MSFT) shares rose 1.24% to $436.67 after the tech giant announced a new $60 billion share buyback program and a 10% increase in its quarterly <a href="https://tokenist.com/investing/what-are-dividend-stocks/" rel="dofollow" class="deco-link">dividend</a>. <br><br>The company’s board approved a <a aria-label="quarterly dividend (opens in a new tab)" href="https://www.moneycontrol.com/news/business/microsoft-approves-new-60-billion-share-buyback-program-12823253.html" target="_blank" rel="noreferrer noopener nofollow" class="deco-link">quarterly dividend</a> of $0.83 per share, up from $0.75 in the previous quarter. Microsoft continues to invest heavily in AI infrastructure, with capital spending up 77.6% in the most recent quarter. The company’s year-to-date return stands at an impressive 16.75%, reflecting investor confidence in its AI-driven growth strategy.</p> <iframe src="https://tokenist.substack.com/embed" width="100%" height="320" style="border:1px solid #EEE; background:white;" frameborder="0" scrolling="no"></iframe> 
<p><em>Disclaimer: The author does not hold or have a position in any securities discussed in the article.</em></p> 
<h3 id="br"><br></h3> 
<p>The post <a rel="nofollow" href="https://tokenist.com/stocks-to-watch-today-intel-hpe-and-msft/">Stocks to Watch Today: Intel, HPE, and MSFT</a> appeared first on <a rel="nofollow" href="https://tokenist.com">Tokenist</a>.</p>

Stocks to Watch Today: Intel, HPE, and MSFT

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