Intel stock pops as investor event details Xeon demand, timeline for lower power chip

Intel (INTC) shares spiked more than 7.5% on Wednesday after the company held an investor event focused on its data center business and made several announcements. Read for more.

Apple granted patent for foldable device as speculation mounts (AAPL)

Apple (AAPL) has been granted a patent for a foldable device as speculation mounts that the tech giant could unveil a foldable iPad as soon as next year.