Intel’s Blowout Quarter Lifts LINT, FTXL, AND SOXQ After Hours: What You Should Know About These ETFs – D

Direxion Daily INTC Bull 2X ETF

LINT looks for 2 times (200%) the efficiency of the share rate of INTC. It has $19.5 million in properties under management (AUM) and trades a typical volume of 135,000 shares. The ETF charges a high 0.97% yearly cost.

Benzinga Edge Stock Rankings suggest LINT keeps a strong rate pattern in the brief, medium and long term.

Rate Action: LINT increased 39% in prolonged trading on Thursday

First Trust Nasdaq Semiconductor ETF

FTXL uses direct exposure to U.S. semiconductor business by tracking the Nasdaq United States Smart Semiconductor Index. It holds 34 stocks in its basket, with Intel taking the leading area at 9.1% share. The ETF has $1.9 billion in AUM and sell a typical volume of 157,000 shares. It has an expenditure ratio of 0.60%.

Benzinga Edge Stock Rankings suggest FTXL has a Momentum rating in the 95th percentile and keeps a strong rate pattern in the brief, medium and long term.

Rate Action: FTXL rose 3% in prolonged trading on Thursday.

Invesco PHLX Semiconductor ETF

SOXQ tracks the PHLX Semiconductor Sector Index, holding 32 stocks in its basket. Intel inhabits the 6th position with a 4.7% share in the basket. With an AUM of $1.4 billion, the ETF sell a typical day-to-day volume of 990,000 shares and has an expenditure ratio of 0.19%.

Benzinga Edge Stock Rankings suggest SOXQ has a Momentum rating in the 93rd percentile and keeps a strong rate pattern in the brief, medium and long term.

Rate Action: SOXQ acquired 1.4% in prolonged trading on Thursday.

Intel Beats on Revenues

Intel shares leapt about 20% after the business’s blowout first-quarter outcomes and positive second-quarter assistance.

The strong momentum is additional evidenced by Intel’s expectations for second-quarter adjusted EPS of 20 cents, compared to the expert quote of 9 cents, together with predicted profits in between $13.8 billion and $14.8 billion versus the $ 13.07 billion quote. Such robust assistance suggests Intel’s position as a leader in the AI age, lining up with their continuous collaborations targeted at boosting technological abilities.

Disclaimer: This material was partly produced with the assistance of AI tools and was evaluated and released by a Benzinga editor.

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