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Tech Stocks Rebound as Boeing and Intel Lead Gains

Tech Stocks Rebound as Boeing and Intel Lead Gains

Author:

Global Cryptocurrency

Published:

2025-12-02 17:31:02

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BTCCSquare news:

Major U.S. equities indexes advanced on Tuesday, with technology stocks recovering from Monday's declines. The Dow Jones Industrial Average and S&P 500 ROSE 0.3% and 0.2%, respectively, while the Nasdaq climbed 0.4%.

Boeing shares surged 8% after the company's new CFO confirmed production ramp-up plans remain on track, forecasting positive free cash flow in 2025. Intel gained 7% on news of a $200 million Malaysian expansion and speculation about a potential Apple partnership.

MongoDB shares jumped nearly 25% following strong quarterly results and raised guidance, while XPeng's U.S.-listed shares fell 6% despite year-over-year delivery growth in China's competitive EV market.

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