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Intel launches $15 billion share sale as turnaround rally lifts stock
Reuters15d agobullish
Intel launches $15 billion share sale as turnaround rally lifts stock

Intel is planning to raise $15 billion through a share ‌sale, the U.S. chipmaker said ‌on Monday as it looks to fund the ​costly build-out of its chip contract manufacturing business by cashing in on a stock surge fueled by its turnaround efforts. Once ‌the dominant ⁠force in the global chip industry, Intel is investing heavily in ⁠new facilities and advanced packaging capabilities as it seeks to challenge industry ​leader such ​as TSMC in ​contract chip manufacturing. Its ‌shares fell more than 3% in premarket trading, likely on concerns about shareholder dilution from the stock sale.

3 Beaten-Down Healthcare Stocks to Buy in August
24/7 Wall St.15d agobullish
3 Beaten-Down Healthcare Stocks to Buy in August

Healthcare just posted the best three-month run of any S&P 500 sector, yet two of the three biggest pharma names by market cap are still trailing the broader market. That gap between performance and fundamentals is creating a window that income and growth investors rarely see at the mega-cap level.

Intel to Sell $15 Billion of Common Stock
The Wall Street Journal15d agobearish
Intel to Sell $15 Billion of Common Stock

Intel shares fell 4% in premarket trading Monday after the company announced it would offer $15 billion in common stock. The chip maker cited strong customer demand “driven by unprecedented investment in AI compute.

GameStop weighing withdrawal of eBay bid, Bloomberg News reports
Reuters15d agoneutral
GameStop weighing withdrawal of eBay bid, Bloomberg News reports

GameStop CEO Ryan Cohen is considering withdrawing the company's $56 billion ‌bid for eBay in favor of ‌a commercial partnership, Bloomberg News reported on Monday, ​citing people familiar with the matter. Cohen is considering a proposal that would allow eBay to leverage GameStop's roughly 1,600 U.S. retail locations, ‌potentially helping ⁠both companies expand market share in higher-margin categories such as trading ⁠cards and collectibles, the report said. As part of any partnership, GameStop would seek seats ​on eBay's ​board, Bloomberg reported.

Bloomberg15d agobearish
Apple Cut at Jefferies on iPhone Worries as Sell Ratings Pile Up

(Bloomberg) -- Apple Inc. was downgraded to an underperform rating at Jefferies, in the latest example of growing bearishness toward the company.Most Read from BloombergChina Unleashes $28 Trillion Capital Markets to Challenge US in AIIran Shakes Up Security Team After Saying Oman Deal ‘Very Close’Stocks Waver Near Record Highs, Crude Oil Advances: Markets WrapTrump Amps Up Pressure on Billionaire Sargeant to Exit VenezuelaIran Says Hormuz Deal Close But Its Conditions Must Be MetAnalyst Edison

Bloomberg15d agobearish
Intel Selling $15 Billion in Common Stock as AI Demand Booms

(Bloomberg) -- Intel Corp. said it will be offering $15 billion in common stock, taking advantage of renewed interest in its business prospects during the artificial intelligence data center boom. Most Read from BloombergChina Unleashes $28 Trillion Capital Markets to Challenge US in AIIran Shakes Up Security Team After Saying Oman Deal ‘Very Close’Stocks Waver Near Record Highs, Crude Oil Advances: Markets WrapTrump Amps Up Pressure on Billionaire Sargeant to Exit VenezuelaIran Says Hormuz Deal

Bloomberg15d agoneutral
Emerging-Market Stock Valuations Sink Below Half of S&P 500’s

(Bloomberg) -- For the first time in at least two decades, emerging-market stock valuations have fallen to less than half those of US equities, a sign to some investors that there are increasingly attractive opportunities in developing economies.Most Read from BloombergChina Unleashes $28 Trillion Capital Markets to Challenge US in AIIran Shakes Up Security Team After Saying Oman Deal ‘Very Close’Stocks Waver Near Record Highs, Crude Oil Advances: Markets WrapTrump Amps Up Pressure on Billionair

Why Is VREX Stock Surging Today?
Stocktwits15d agoneutral
Why Is VREX Stock Surging Today?

Teledyne Technologies is set to acquire all outstanding common shares of Varex Imaging for $18.90 per share payable in cash, representing a significant premium of over 50% over Friday’s closing price.

2 Mid-Cap Stocks to Target This Week and 1 Facing Headwinds
StockStory15d agoneutral
2 Mid-Cap Stocks to Target This Week and 1 Facing Headwinds

Many investors pay attention to mid-cap stocks because they have established business models and expansive market opportunities. However, their paths to becoming $100 billion corporations are ripe with competition, ranging from giants with vast resources to agile upstarts eager to disrupt the status quo.

New Wendy’s CEO Vows to Restore Quality and Revive Customer Traffic
QSR15d agoneutral
New Wendy’s CEO Vows to Restore Quality and Revive Customer Traffic

Bob Wright returned to Wendy’s with a blunt assessment of the chain he first joined 28 years ago. The brand is falling short of its potential, and some of the damage was self-inflicted. The newly appointed CEO said Wendy’s has lost ground in food quality, value, restaurant consistency, and marketing. Those issues converged in the […]

Bloomberg15d agoneutral
GameStop’s Ryan Cohen Weighs Pulling $56 Billion EBay Offer

(Bloomberg) -- GameStop Corp., led by Chief Executive Officer Ryan Cohen, is considering withdrawing its $56 billion bid for eBay Inc., according to people familiar with the matter.Most Read from BloombergChina Unleashes $28 Trillion Capital Markets to Challenge US in AIIran Shakes Up Security Team After Saying Oman Deal ‘Very Close’Stocks Waver Near Record Highs, Crude Oil Advances: Markets WrapTrump Amps Up Pressure on Billionaire Sargeant to Exit VenezuelaIran Says Hormuz Deal Close But Its C