A prominent U.S. stock trader, known for significant market influence, has reopened 2.52 million long positions in Intel Corporation (INTC) ahead of the company's second-quarter earnings report. This move follows a previous successful trade on the same stock, which netted the trader $920,000.
Intel is set to announce its Q2 2026 earnings after the market closes on July 23. The company has projected quarterly revenue between $13.8 billion and $14.8 billion, with non-GAAP earnings per share expected to be $0.20.
Top Trader Reopens 2.52 Million Long Positions in Intel Ahead of Earnings
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