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Bernstein raises Starbucks (SBUX.O) PT to $115 from $110.

2026-10-30

Bernstein raises Starbucks (SBUX.O) PT to $115 from $110.

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2026-10-30

Intel (INTC.O) guided Q4 revenue at $15–16bn vs analysts' average ~$17bn (some >$18bn) and forecast adjusted EPS of $0.25 vs Street $0.43. Management cited a sharp drop in PC-processor demand and difficulty capturing rapid demand for high-margin data

Intel (INTC.O) guided Q4 revenue at $15–16bn vs analysts' average ~$17bn (some >$18bn) and forecast adjusted EPS of $0.25 vs Street $0.43. Management cited a sharp drop in PC-processor demand and difficulty capturing rapid demand for high-margin data-center components. OEM laptop and desktop makers are being hit by memory shortages and surging component costs; management said rising memory prices are a major challenge likely to persist through 2027. Intel now expects the PC market downturn to last at least into 1H 2027, projecting a 12% decline in 2026 followed by a further ~10% drop next year. Shares fell about 22% in after-hours trading.
2026-10-30

Commander of U.S. Central Command: Earlier this week, I visited the Strait of Hormuz.

Commander of U.S. Central Command: Earlier this week, I visited the Strait of Hormuz.
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