- Shares of Apple Inc. (AAPL) declined 2.1% following a report that the iPhone maker’s much-awaited foldable phone is facing engineering challenges.
- Intel Corporation’s (INTC) shares jumped 4.3% after the company announced that it would join Elon Musk's Terafab AI chip project, teaming up with SpaceX, Tesla (TSLA) and xAI.
- Shares of UnitedHealth Group Incorporated (UNH) climbed 9.4% after the U.S. government said it would boost payments to private insurers providing Medicare Advantage plans for seniors, higher than the almost unchanged adjustment suggested earlier.
- Exxon Mobil Corporation’s (XOM) shares gained 0.4% as global oil prices surged.
Zacks' Research Chief Names "Stock Most Likely to Double"
Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.
This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.
Free: See Our Top Stock And 4 Runners UpIntel Corporation (INTC) : Free Stock Analysis Report
Apple Inc. (AAPL) : Free Stock Analysis Report
UnitedHealth Group Incorporated (UNH) : Free Stock Analysis Report
Exxon Mobil Corporation (XOM) : Free Stock Analysis Report
Tesla, Inc. (TSLA) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
