WS #13789
Intel plans $15B equity offering to fund AI and foundry expansion, causing shares to drop 3% premarket due to dilution concerns. Jefferies downgrades Apple to Underperform, PT to $263.66, on canceled all-glass iPhone, pressuring shares premarket. Meta to open-source Muse Spark 1.2 and launch Muse Glimmer for laptops, boosting shares 2.1% premarket as it counters OpenAI/Anthropic.
Intel $15B stock offering
Intel plans $15B equity offering to fund AI and foundry expansion, causing shares to drop 3% premarket due to dilution concerns.
Jefferies downgrades Apple to Underperform, PT to $263.66, on canceled all-glass iPhone, pressuring shares premarket.
Meta to open-source Muse Spark 1.2 and launch Muse Glimmer for laptops, boosting shares 2.1% premarket as it counters OpenAI/Anthropic.