Company News for Apr 8, 2026

• Shares of Apple Inc. (AAPL) declined 2.1% following a report that the iPhone maker’s much-awaited foldable phone is facing engineering challenges.
• Intel Corporation’s (INTC) shares jumped 4.3% after the company announced that it would join Elon Musk's Terafab AI chip project, teaming up with SpaceX, Tesla (TSLA) and xAI.
• Shares of UnitedHealth Group Incorporated (UNH) climbed 9.4% after the U.S. government said it would boost payments to private insurers providing Medicare Advantage plans for seniors, higher than the almost unchanged adjustment suggested earlier.
• Exxon Mobil Corporation’s (XOM) shares gained 0.4% as global oil prices surged. 

Zacks' Research Chief Names "Stock Most Likely to Double"

Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.

This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.

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This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

Source Zacks-com