The big money is scooping up lagging tech stocks, in some cases even starting big positions in names as unloved as Dow stock Intel (INTC). With tomorrow's monthly payrolls report on deck, today we learned weekly initial unemployment claims dropped below 400,000 for the first time since March 2020, an indication of a labor market on the mend. SEE MORE 30 Top Stock Picks That Billionaires Love Although April's dismal numbers surprised and disappointed investors, the possibility of a red-hot May report tomorrow morning was enough to stoke inflation fears and, in turn, anxiety over interest rates.