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Intel stock jumps as Nvidia and Apple partner with Intel to diversify 2028 chip production. Nvidia and Apple reportedly use Intel’s 14A process and EMIB packaging for specific 2028 chip components to meet U.S. manufacturing mandates.
With a market capitalization of $219.43 billion, Intel operates within the technology sector as a major player in the semiconductors industry. Its current stock price of $43.93 reflects the company’s strong positioning in a highly competitive market.
SPY closed around 6950 and added about 0.4 percent on the day, marking another marginal record high in price terms. For long‑term investors this keeps the primary trend firmly up, with successive higher highs and higher lows intact on the daily chart.
The 20-day, 50-day, and 100-day moving averages are all rising and positioned below price in a bullish setup, showing strong momentum in the short to medium term, while trading above the 200-day average confirms a positive long-term outlook. The S&P 500 is also moving within a rising trend channel, suggesting investors continue to buy at higher levels, and the recent breakout above resistance at 6900 points signals potential for further gains, with that same level now acting as support if the market pulls back.
What was once a $6,000 target for late 2026 has rapidly escalated into talk of $10,000 gold, a sign that market psychology is now doing most of the driving. When numbers start getting thrown around this freely, it usually signals a market entering a more dangerous phase.
Gold is still climbing ahead of the Federal Reserve conference happening in about seven hours, reaching above $5,200 for the first time. Investors continue to buy gold as a safe place for their money because of ongoing uncertainty around U.S. trade policy and pressure on the U.S. dollar.
Gold could move higher depending on the Fed’s message later today and any surprise announcement of a new Fed Chair, both of which may pressure the U.S. dollar and support gold prices.
Bitcoin eyes $90K ahead of FOMC: Watch these BTC price levels next
Bitcoin BTCUSD is attempting to break the resistance at $90,000 on Wednesday, as traders expect volatile price swings before and after the US policy decision on interest rate cuts.
Key takeaways:
The odds of the US Federal Reserve leaving interest rates unchanged today are 100%.
BTC price may drop as low as $65,500 if the key support zone between $80,000 and $84,000 is broken.
100% chance interest rates won’t changeThere is nearly a 100% chance that the current interest rates will remain between 3.5% and 3.75%, according to data from Polymarket.
U.S. Dollar Could Face Further Downside
The dollar selloff could gather steam, ING’s Chris Turner says in a note. If the U.S. Dollar Index manages to break fully clear of last year’s lows near 96.20, another 3% drop in the greenback is possible, he says. It will be key to watch how USD performs ahead the Fed meeting. The Fed shifting to a pause could give the currency some support. But if any rally proves weak and the dollar ends lower on the day, that would send a very bearish signal–even if short-dated U.S. yields rise, he says. Earnings from Meta, Microsoft and Tesla are also in focus. “Any misses here could be another source of weakness for the dollar, where so much U.S. consumption is dependent on the stock market.” DXY is 0.5% higher at 96.2.
Japan may hold off on yen intervention for now, ex-BOJ official says
Fed rate check had huge effect in keeping yen bears at bay
Japan focused on halting one-sided move, not yen level
Japan may hold off intervention for now, Takeuchi saysJapan may hold off on official intervention for now, with coordinated tactics involving the U.S. already helping to halt a one-sided slide in the yen, Atsushi Takeuchi, a former central bank official who took part in Tokyo’s market forays a decade ago, told Reuters.
Friday’s suspected rate checks by the New York Federal Reserve were an extremely rare event that showed Washington’s determination to cooperate with Japan’s efforts to arrest sharp declines in the yen, Takeuchi said.
EURUSD Daily
After going up for over 230 pips yesterday it was expected to see some pull backs…no matter how it might look to you on smaller time frames, this is still kind of modest…
Break of 1.20150 ( and close above it ) are indicative but not definitive – we need to see 2. consecutive close to declare it broken.
In this moment 1.19500 is the level to watch – EUR should stay above it today to have another chance .
If it finds a footing during the day above it, we might have even a new high till tonight.
EURUSD Daily
Test of 1.20150 done – EUR walked over it and we are now in a different dimension.
I must take into account a possibility of dropping back down , so watch two Supports now:
1.20150 & 1.20050 – as long as it stays above those, my prediction will come through ( first target at 1.23450)
Next on cards would be 1.25550 – beyond that one road opens for 1.60 – previous all time high, with final line drawn at even 1.75…
So let’s take it one step at the time 😀
Reddit (RDDT) fell 9.3% in the morning session after a bearish take from Ross Walthall raised concerns about slowing growth.
Despite the pull-back, a lot of “experts” still predicts that the stock will remains bullish, with very optimistic for 2026 with price targets around $325 driven by AI and technology investments. However, this gap between is very optimistic as competition from alternative community platforms and social media sites is increasing raising concerns about traffic growth… and especially since sentiments from the site calling the ads, their main revenue, questionable and low quality.
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