Druckenmiller Warns ‘Bear Market Has a Ways to Run’ as Fed Hikes Rates

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Intel Stock: Buy the Dip or Bail? Morgan Stanley Weighs In

Intel (INTC) investors are having a bad week — and it may get worse before it gets better. Heading into this week, things were already looking grim for Intel. After reporting a 1% slide in sales for Q1 in April, Intel proceeded to guide investors towards lower-than-predicted revenues and earnings in Q2 as well. Then on Monday, Citigroup analyst Christopher Danely chopped his firm’s price target on Intel by 10%, to $45 a share, citing likely weakened demand for semiconductors in this year’s seco