Why Intel Stock Jumped Today
Right now, it looks more likely that Intel will seek new funding from outside investors and public sector sources or sell off pieces of its business. The company's stock could get a boost if initiatives along these lines are successful, but the business' long-term outlook remains complicated and is shrouded by uncertainty.
Intel stock jumps after report of possible Apollo investment
Intel ( INTC) stock jumped as much as 5% in premarket trading Monday following a Bloomberg report of a potential multi-billion dollar investment from Apollo Global Management. ( Disclosure: Yahoo Finance is owned by Apollo Global Management.)
The stock market is trading higher Monday. The S&P 500 climbed 0.26% and the tech-heavy Nasdaq Composite added 0.21%. The Dow ...
Stock futures slip as new week gets under way. Live updates on stocks, bonds and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Shares of Intel are surging before the opening bell after the chipmaker said its foundry business would make some custom ...
Is Intel desperate enough to seriously consider something like this?,” asked one analyst about the bombshell report about a ...
Apollo Global Management, a prominent US asset management firm, is reportedly preparing to invest up to $5 billion in Intel, ...
One fund manager sees “more cons than pros” if the companies were to combine, after the Wall Street Journal reported that ...
It’s conceivable Qualcomm’s CEO, Cristiano Amon, imagines a grand alliance of sorts with Intel to really challenge Nvidia in ...
Yet its foundry business has shown potential for improvement. Intel will turn that business into a separate subsidiary, ...
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