Intel Shares Surge Nearly 10% Following Trump's Support on Social Media
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 09 2026
0mins
Source: CNBC
- Stock Surge: Intel shares surged nearly 10% after President Trump praised the company on social media, which not only boosted investor confidence but may also attract more institutional interest.
- Market Dynamics: The VanEck Semiconductor ETF (SMH) rebounded over 2% as investors rotated back into chip stocks, indicating a renewed optimism in the semiconductor sector that could drive further investments in related companies.
- Steel Sector Upgrade: Cleveland-Cliffs shares rose nearly 6% after Morgan Stanley upgraded its rating from equal weight to overweight, highlighting the company's unique competitive advantage in the domestic market, which may draw more investor attention.
- Building Materials Rally: With mortgage rates dropping to their lowest in nearly three years, stocks related to building materials surged, with the iShares U.S. Home Construction ETF (ITB) jumping 5%, indicating signs of recovery in the real estate market that could boost sales for related companies.
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Analyst Views on CLF
Wall Street analysts forecast CLF stock price to rise
9 Analyst Rating
2 Buy
5 Hold
2 Sell
Hold
Current: 8.110
Low
5.75
Averages
12.78
High
17.00
Current: 8.110
Low
5.75
Averages
12.78
High
17.00
About CLF
Cleveland-Cliffs Inc. is a steel producer with a focus on value-added sheet products, particularly for the automotive industry in North America. The Company is vertically integrated from the mining of iron ore, production of pellets and direct reduced iron, and processing of ferrous scrap through primary steelmaking and downstream finishing, stamping, tooling, and tubing. Its offering includes advanced high-strength steel, hot-dipped galvanized, aluminized, galvalume, electrogalvanized, galvanneal, hot-rolled coil (HRC), cold-rolled coil, plate, grain oriented electrical steel (GOES), non-oriented electrical steel (NOES), stainless steels, tool and die, stamped components, rail, slab and cast ingot. Its Other Businesses primarily include the Tubular and Tooling and Stamping segments that provide customer solutions with carbon and stainless steel tubing products, advanced-engineered solutions, tool design and build, hot- and cold-stamped steel components and complex assemblies.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Market Outlook Dims as Analysts Downgrade Key Stocks
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- Qualcomm Downgrade: Bernstein downgraded Qualcomm from buy to hold, citing concerns that soaring memory prices are pressuring the smartphone market, indicating a loss of confidence in Qualcomm as Wall Street shifts preference towards Arm Holdings.
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Nucor Upgraded Amid Iran Conflict, UBS Sees Buying Opportunity
- Investment Opportunity: UBS upgraded Nucor's rating from neutral to buy and raised its price target from $184 to $190, indicating a 15% upside potential, suggesting that investors should consider buying on the recent sell-off.
- Market Isolation: Analyst Andrew Jones noted that while the Iran conflict has caused supply chain bottlenecks affecting chemicals, steel, and aluminum, U.S. steel producers remain relatively insulated, with Nucor's stock down 6% over the past month but poised for recovery.
- Policy Support: Increased federal contracts for steel manufacturers and a decline in U.S. steel imports could bolster Nucor's stock, particularly in a federally supported high-price/high-volume environment, indicating a positive growth outlook for the company.
- Industry Outlook: With President Trump raising steel tariffs from 25% to 50%, increasing overseas sourcing costs, UBS's view aligns with Wall Street consensus, as two-thirds of the 18 analysts covering Nucor have a buy or strong buy rating, reflecting confidence in its future performance.
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Cleveland-Cliffs Appoints New Lead Independent Director
- Board Leadership Change: Cleveland-Cliffs Inc. has appointed Ralph “Mike” Michael III as the new Lead Independent Director, succeeding Douglas Taylor who resigned due to a change in professional circumstances, ensuring stability and continuity in the board's leadership.
- Enhanced Strategic Perspective: New director Mike Michael previously served as Chairman of AK Steel, successfully guiding its acquisition by Cleveland-Cliffs, and his extensive experience in the steel industry and capital markets will provide a more strategic perspective for the company and its shareholders.
- New Compensation Committee Chair: Edilson Camara has been appointed as the Chairman of the Compensation and Organization Committee, replacing the resigned Taylor; Camara is well-respected in the global executive search and leadership advisory field, enhancing the board's overall governance capabilities.
- Company Overview: Cleveland-Cliffs is a leading North American steel producer focused on value-added sheet products for the automotive industry, employing approximately 30,000 people and demonstrating strong market competitiveness and vertical integration capabilities.
See More
Cleveland-Cliffs Appoints New Lead Independent Director
- Board Leadership Change: Cleveland-Cliffs Inc. has appointed Ralph 'Mike' Michael III as the new Lead Independent Director, succeeding Douglas Taylor who resigned due to a change in professional circumstances, ensuring continued stability and governance efficiency on the Board.
- Enhanced Strategic Perspective: Michael's extensive experience in the steel industry and deep understanding of capital markets will provide a strategic perspective that further drives Cleveland-Cliffs' long-term growth and shareholder value.
- New Compensation Committee Chair: The company also named Edilson Camara as Chairman of the Compensation and Organization Committee, replacing Taylor; Camara is well-respected in the global executive search field, and his leadership will enhance the overall effectiveness of the Board.
- Company Background: Cleveland-Cliffs is a leading North American steel producer focused on value-added sheet products, particularly for the automotive industry, employing approximately 30,000 people, showcasing strong market competitiveness and industry integration capabilities.
See More
Andrew Carnegie's Legacy and Impact
- Pioneer of Philanthropy: Since its founding in 1911, the Carnegie Corporation has awarded over $16.5 billion in grants, advancing education, democracy, and peace, reflecting Andrew Carnegie's profound understanding and practice of social responsibility.
- Rise of a Steel Titan: Carnegie's steel company, established in the 1890s, produced more steel than all of Britain, showcasing his exceptional capabilities in innovation and cost control, which propelled America's rapid industrial rise.
- Building Public Libraries: Carnegie was committed to providing free public libraries for everyone, funding 2,500 libraries during his lifetime, demonstrating his steadfast belief in educational equity and aiming to provide learning opportunities for all aspiring individuals.
- Long-term Philanthropic Investment: The Carnegie Corporation emphasizes long-term investments, supporting academic research and cultural projects, aiming to alleviate social tensions and promote the realization of democratic values through education and cultural development.
See More
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- Tariff Policy Success: U.S. Trade Representative Greer described Trump's steel and aluminum tariffs as “incredibly successful,” indicating their role in revitalizing the domestic steel and aluminum industries, which underscores the effectiveness and strategic importance of the policy.
- Compliance Adjustments Possible: Greer mentioned the potential for modifying how tariffs are applied to ease compliance burdens on companies, suggesting a government focus on ensuring that excessive compliance does not hinder operational efficiency.
- Narrowing Tariff Scope: The Trump administration is reportedly considering narrowing the scope of tariffs, with the foundational metals tariffs remaining intact, which may alleviate the impact on major trading partners like Canada, Mexico, and the EU.
- Market Reaction: Following the tariff discussions, stocks of companies like Cleveland-Cliffs and Nucor fell by 3.1% and 2.2%, respectively, reflecting market uncertainty regarding the future direction of tariff policies.
See More
Market Outlook Dims as Analysts Downgrade Key Stocks
- Oil Prices and Market Pressure: Rising oil prices and bond yields, coupled with Washington's negotiations with Iran, are creating significant challenges for the stock market, as futures indicate a lower open, making it difficult for investors to commit substantial capital in this environment.
- Qualcomm Downgrade: Bernstein downgraded Qualcomm from buy to hold, citing concerns that soaring memory prices are pressuring the smartphone market, indicating a loss of confidence in Qualcomm as Wall Street shifts preference towards Arm Holdings.
- Adobe Faces Competitive Pressure: William Blair downgraded Adobe from buy to hold, highlighting intense AI competition in its core Creative Cloud business, suggesting that Adobe's high valuation may be unsustainable amid declining earnings power.
- Tyson Foods Receives Buy Rating: Mizuho initiated coverage of Tyson Foods with a buy rating, noting that increased consumer demand for nutrient-rich diets will drive growth, while the company's heavy reinvestment over the past five years is expected to enhance profitability.
See More
Nucor Upgraded Amid Iran Conflict, UBS Sees Buying Opportunity
- Investment Opportunity: UBS upgraded Nucor's rating from neutral to buy and raised its price target from $184 to $190, indicating a 15% upside potential, suggesting that investors should consider buying on the recent sell-off.
- Market Isolation: Analyst Andrew Jones noted that while the Iran conflict has caused supply chain bottlenecks affecting chemicals, steel, and aluminum, U.S. steel producers remain relatively insulated, with Nucor's stock down 6% over the past month but poised for recovery.
- Policy Support: Increased federal contracts for steel manufacturers and a decline in U.S. steel imports could bolster Nucor's stock, particularly in a federally supported high-price/high-volume environment, indicating a positive growth outlook for the company.
- Industry Outlook: With President Trump raising steel tariffs from 25% to 50%, increasing overseas sourcing costs, UBS's view aligns with Wall Street consensus, as two-thirds of the 18 analysts covering Nucor have a buy or strong buy rating, reflecting confidence in its future performance.
See More
Cleveland-Cliffs Appoints New Lead Independent Director
- Board Leadership Change: Cleveland-Cliffs Inc. has appointed Ralph “Mike” Michael III as the new Lead Independent Director, succeeding Douglas Taylor who resigned due to a change in professional circumstances, ensuring stability and continuity in the board's leadership.
- Enhanced Strategic Perspective: New director Mike Michael previously served as Chairman of AK Steel, successfully guiding its acquisition by Cleveland-Cliffs, and his extensive experience in the steel industry and capital markets will provide a more strategic perspective for the company and its shareholders.
- New Compensation Committee Chair: Edilson Camara has been appointed as the Chairman of the Compensation and Organization Committee, replacing the resigned Taylor; Camara is well-respected in the global executive search and leadership advisory field, enhancing the board's overall governance capabilities.
- Company Overview: Cleveland-Cliffs is a leading North American steel producer focused on value-added sheet products for the automotive industry, employing approximately 30,000 people and demonstrating strong market competitiveness and vertical integration capabilities.
See More
Cleveland-Cliffs Appoints New Lead Independent Director
- Board Leadership Change: Cleveland-Cliffs Inc. has appointed Ralph 'Mike' Michael III as the new Lead Independent Director, succeeding Douglas Taylor who resigned due to a change in professional circumstances, ensuring continued stability and governance efficiency on the Board.
- Enhanced Strategic Perspective: Michael's extensive experience in the steel industry and deep understanding of capital markets will provide a strategic perspective that further drives Cleveland-Cliffs' long-term growth and shareholder value.
- New Compensation Committee Chair: The company also named Edilson Camara as Chairman of the Compensation and Organization Committee, replacing Taylor; Camara is well-respected in the global executive search field, and his leadership will enhance the overall effectiveness of the Board.
- Company Background: Cleveland-Cliffs is a leading North American steel producer focused on value-added sheet products, particularly for the automotive industry, employing approximately 30,000 people, showcasing strong market competitiveness and industry integration capabilities.
See More
Andrew Carnegie's Legacy and Impact
- Pioneer of Philanthropy: Since its founding in 1911, the Carnegie Corporation has awarded over $16.5 billion in grants, advancing education, democracy, and peace, reflecting Andrew Carnegie's profound understanding and practice of social responsibility.
- Rise of a Steel Titan: Carnegie's steel company, established in the 1890s, produced more steel than all of Britain, showcasing his exceptional capabilities in innovation and cost control, which propelled America's rapid industrial rise.
- Building Public Libraries: Carnegie was committed to providing free public libraries for everyone, funding 2,500 libraries during his lifetime, demonstrating his steadfast belief in educational equity and aiming to provide learning opportunities for all aspiring individuals.
- Long-term Philanthropic Investment: The Carnegie Corporation emphasizes long-term investments, supporting academic research and cultural projects, aiming to alleviate social tensions and promote the realization of democratic values through education and cultural development.
See More
Trump's Tariff Policy Adjustments Possible Amid Success
- Tariff Policy Success: U.S. Trade Representative Greer described Trump's steel and aluminum tariffs as “incredibly successful,” indicating their role in revitalizing the domestic steel and aluminum industries, which underscores the effectiveness and strategic importance of the policy.
- Compliance Adjustments Possible: Greer mentioned the potential for modifying how tariffs are applied to ease compliance burdens on companies, suggesting a government focus on ensuring that excessive compliance does not hinder operational efficiency.
- Narrowing Tariff Scope: The Trump administration is reportedly considering narrowing the scope of tariffs, with the foundational metals tariffs remaining intact, which may alleviate the impact on major trading partners like Canada, Mexico, and the EU.
- Market Reaction: Following the tariff discussions, stocks of companies like Cleveland-Cliffs and Nucor fell by 3.1% and 2.2%, respectively, reflecting market uncertainty regarding the future direction of tariff policies.
See More
