Invezz
25 Oct 2026, 18:31 UTC · 3h ago
Dow Jones and Nasdaq 100 outlook: top stock market news for this week
Impact · against what's priced in
The upcoming earnings reports and Fed decision are widely anticipated events that do not yet change the fundamental valuation assumptions for Microsoft or Intel. Microsoft's potential for a re-rate depends on whether Azure growth exceeds the 30% baseline the market already assumes, while Intel remains priced for continued foundry losses and multiple compression.
- INTC+0.00
Already priced in
- The price assumes
a foundry division losing over $2 billion a quarter
The article notes that continued weakness in foundry progress would lead to further multiple compression, which aligns with the market's current assumption that the division is losing significant capital.
What INTC's price assumes · Sep 10
