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The Score: Intel, Salesforce, American Airlines and More Stocks That Defined the Week


Published on 2024-12-06 23:42:59 - Wall Street Journal
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  • Here are some of the major companies whose stocks moved on the week's news.

The article from The Wall Street Journal discusses several key stock movements and corporate events from the past week. Intel's stock surged after the company announced a significant expansion of its manufacturing capabilities, including a new factory in Israel and plans for a major facility in Germany, signaling a robust future in chip production. Salesforce experienced a stock drop following a report that activist investor Elliott Management had taken a multi-billion dollar stake in the company, potentially pushing for changes. American Airlines saw its shares decline after reporting a larger-than-expected quarterly loss, attributed to high fuel costs and a slow recovery in business travel. Additionally, the article touches on other stocks like Tesla, which faced scrutiny over its self-driving technology, and Netflix, which saw a stock price increase after announcing a new ad-supported tier. These events collectively highlight the dynamic nature of the stock market, influenced by corporate strategy, investor activism, and broader economic conditions.

Read the Full Wall Street Journal Article at:
[ https://www.wsj.com/finance/stocks/the-score-intel-salesforce-american-airlines-and-more-stocks-that-defined-the-week-fb9d2411 ]