Posted 1/25/2024, 10:07:53 PM
Stocks Rise on Strong Earnings from Intel and Visa, T-Mobile Misses Expectations
- Markets gained ground, with the Dow up +0.64%, S&P +0.53%, Nasdaq +0.18%, and Russell 2000 +0.50%
- Strong Q4 earnings from Intel and Visa beat expectations
- Intel posted 10% revenue growth year-over-year and 4th straight earnings beat
- Visa extended its 10+ year earnings beat streak with fiscal Q1 results
- T-Mobile missed Q4 earnings expectations but slightly beat revenue forecasts; announced dividend