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[BUSINESS] · 2 sources

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Intel and Intuitive Machines see market activity

Intel is scheduled to release its third-quarter results on October 29. While revenue has consistently exceeded forecasts in recent quarters, analysts suggest that gross margin will be the most critical metric for investors. Intel's management has forecasted revenue between $15.8 billion and $16.8 billion, with growth potentially limited by supply constraints for substrates and memory.

Separately, Intuitive Machines saw its share price decline by 3.7% to approximately $13.19. Despite recent analyst activity, including a price objective reduction from B. Riley Financial and an upgrade from Zacks Research, the stock remains below its 50-day and 200-day moving averages. The company holds a market capitalization of $3.02 billion.

Entities

Intel · Intuitive Machines