Intel delivers a reality check after stock surge fueled by ‘vibes and tweets'
The lofty ideas underpinning Intel's recent stock surge just collided with the reality of a company still very much in transition. In the three weeks leading up to Thursday's earnings report, Intel's stock INTC climbed 47%, "mostly on vibes and tweets,†Bernstein analyst Stacy Rasgon wrote. Therefore, Intel's results "had to be perfect,†he said, and they were not. ...