In This Article:
Yahoo Finance host Julie Hyman covers the biggest stock moves in this Market Minute, including Intel's (INTC) stock reaction ahead of new CEO Lip-Bu Tan to take up the mantle of chief executive on Tuesday, March 18; JPMorgan's upgrade of Norwegian Cruise Line (NCLH) shares; and Science Applications International (SAIC) moves higher on its fourth quarter earnings results and full-year profit guidance.
Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
It's time for Yahoo! Finance's Market Minute. Stocks attempting a comeback after a selloff that saw the S&P 500 enter a correction. That's a drop of at least 10% from its record high. Intel shares seeing a pop as a new CEO, Lip Bhutan, gets ready to take charge tomorrow. He's considering changes to the company's chip manufacturing and AI strategies, which may include job cuts according to Reuters. Norwegian Cruise Line getting a lift as J.P. Morgan upgrades the stock from neutral to overweight. Analysts saying that management's message at an investor conference was that there is no change in demand, despite worries over consumer spending. Lastly, Science Applications International topping fourth quarter earnings estimates. The IT services company also providing an upbeat full year outlook with earnings guidance beating expectations. And that's your Yahoo! Finance Market Minute. For more on what's trending on Yahoo! Finance, scan the QR code below to track the best and worst performing stocks of this session.