Intel Jumps, but This EV Stock Is Really on the Comeback Trail
Investors have been in a better mood this week, and the action on Wall Street Tuesday morning confirmed a sense of renewed optimism about the global economy and the stock market. As of 8:30 a.m. ET, futures on the Nasdaq Composite (NASDAQINDEX: ^IXIC) were up 285 points to 16,127, seeking to play catch-up after lagging larger gains from other major market benchmarks in Monday's rally.
Helping to bolster the Nasdaq's fortunes early Tuesday was a big rise in some of the largest tech stocks in the market, led this time by Intel (NASDAQ: INTC). Yet some investors are looking more closely at a bounce in an electric vehicle (EV)-related stock that has seen a lot of volatility over the past month. Below, we'll see why Intel's making a big move, as well as reveal the name of this EV stock and what's ahead in its future.
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