Be in the know. 17 key reads for Friday…

  1. Intel soars on signs AI boom for CPUs is here (streetinsider)
  2. Intel shares set to hit record high on AI sales boom (ft)
  3. Intel Stock Surges 29% After Stellar Earnings. Why AI Can Drive the Rally Further. (barrons)
  4. Intel CEO Lip Bu Tan crushed Wall Street targets on his 1-year anniversary: We are embracing our ‘paranoid’ roots (fortune)
  5. HSBC raises Intel stock price target to $100 on server CPU outlook (investing)
  6. Elon Musk lays out Terafab AI chip project plan (reuters)
  7. Alibaba’s Qwen AI is coming to cars, allowing drivers to order food and book hotels by voice (cnbc)
  8. Global equity fund inflows surge to 17-month high on AI optimism (reuters)
  9. Institutions Just Bought The Most Nasdaq Futures Ever (zerohedge)
  10. BofA’s Hartnett names his five best trades for Q2 (investing)
  11. Mortgage rates inch lower — and chip away at the ‘lock-in effect’ that has hurt home buyers (marketwatch)
  12. Iran War to Keep Gas Market Tight for Two More Years, IEA Says (bloomberg)
  13. Don’t Fret the War. Why ‘Big Money’ Investors Are Bullish—and Where They’re Investing Now. (barrons)
  14. Big Food’s Fat Dividends—Which Are Safe? (barrons)
  15. KeyBanc raises Crown Castle stock price target on earnings beat (investing)
  16. China’s Carmakers Grab 30% of Europe’s Plug-In Hybrid Sales (bloomberg)
  17. Volvo Reports Rising Truck Demand Across Major Markets (wsj)