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Microsoft (MSFT) shares rose by 2% pre-market following the announcement of a 10% dividend hike to $0.83 per share and a new $60 billion share repurchase program. Intel (INTC) saw a 7% increase after revealing plans to create a separate entity for its foundry business and expanding its strategic collaboration with Amazon (AMZN) to develop custom AI chips, resulting in a 4% pre-market gain. Shopify (SHOP) also gained 2.6% after receiving an upgrade. These movements come as the Federal Reserve begins a pivotal two-day meeting.
Stocks are on the rise ahead of the Federal Reserve meeting, while Intel announces plans to develop custom AI chips for Amazon. More information available in the opening trade on 09/17. #StockMarket #Intel #Amazon #AI $NDX $AMZN $INTC
US PRE-MARKET MOVERS: $INTC, $MSFT, $AAPL, $NUE, $SHOP, $DELL, $SEDG, $MBLY
🇺🇸US pre-market movers🇺🇸 ES +0.5% NQ +0.7% RTY +0.8% $INTC +4%: Expanding strategic collab. w/ AWS (AMZN) & creating a separate entity for its foundry business $MSFT +2%: Raised Q div. +10% to $0.83/shr & announced new $60bln share repurchase prog. $AAPL -0.1%: iPhone 16 is…
