Source: Image created by Jester AI.
Intel (INTC +3.33%) revealed the start of production of its most-advanced chip node at the VLSI Symposium in Honolulu on Tuesday. Named 18A-P, the new chip generation is still at the early "risk production" stage, and aims to help Intel regain its position as a serious competitor in manufacturing chips for third-party customers – following May's announcement of a deal to make chips for Apple (AAPL +1.00%).
SpaceX (SPCX +4.36%) jumped for a third straight day Tuesday, closing with a market cap of $2.66 trillion and up 49% from its IPO offer price. That makes it more valuable than Amazon (AMZN 0.76%) and just short of Microsoft (MSFT 1.65%) – which it briefly surpassed – to make it the world's fourth most valuable company, during the day. Retail investors are competing for just 4.2% of SpaceX shares available for trading following the IPO.
Amazon – a Stock Advisor Foundational Stock from Team Rule Breakers – could face penalties reaching billions of dollars over claims of misleading advertisers, says Bloomberg. The Federal Trade Commission is reportedly investigating claims Amazon might not have properly disclosed terms and pricing for sponsored listings and sponsored ads.
Today's Federal Reserve interest rate decision is the first test for new chair Kevin Warsh, as he faces the challenge of "demonstrating that his decisions are grounded in economic fundamentals rather than political considerations" according to Greg Daco of EY-Parthenon. After May's Consumer Price Index (CPI) saw year-over-year inflation hit 4.2%, analysts expect the Fed to leave interest rates unchanged.
Today we're asking whether you'd rather start a position in The Progressive Corporation (PGR +0.04%) or CarMax (KMX 5.01%) – both reporting before the opening bell – and why? And remember, you can't choose both or neither in this hypothetical game!
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This image and article was created using Large Language Models (LLMs) based on The Motley Fool's insights and investing approach. It has been reviewed by our AI quality control systems. Since LLMs cannot (currently) own stocks, it has no positions in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon, Apple, CarMax, Intel, Microsoft, and Progressive. The Motley Fool has a disclosure policy.
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Intel's new 18A-P chip in the spotlight, Amazon reportedly facing ad pricing probe, and more…
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