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Intel gets Apollo offer to invest up to $5 billion
Intel stock jumps on rumors of $5 billion Apollo investment
Apollo’s offer comes shortly after news that chipmaking rival Qualcomm has approached Intel to explore a friendly acquisition.
Intel Gets Multibillion-Dollar Apollo Offer as Qualcomm Circles
Apollo Global Management Inc. has offered to make a multibillion-dollar investment in Intel Corp., people familiar with the matter said, providing the chipmaker with a vote of confidence in its turnaround strategy and an alternative to a potential takeover by larger rival Qualcomm Inc.
Intel stock jumps, Qualcomm stock slips after reports of possible Apollo investment
Intel 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
Qualcomm, Intel
Intel needs Qualcomm — but that's not a two-way street, Bank of America says
After missing second-quarter earnings expectations and seeing its stock fall over 50% so far this year, Intel (INTC) is still attracting interest worth billions of dollars.
Qualcomm buying Intel doesn't make sense, says Wall Street's top chip analyst
Intel's semiconductor factories present a major challenge for Qualcomm's possible acquisition.
Should Qualcomm take over Intel? Why Wall Street isn’t sold on a possible deal.
One analyst notes that Intel’s situation doesn’t seem dire enough for the company to settle for a “fire sale.” Plus, Qualcomm could see Intel’s foundry assets as a headache.
Stock Market, Dow
Stock market today: Dow ends at a record high as markets see rising odds of another big rate cut
Odds of another 50 basis point rate cut at the Federal Reserve's next FOMC meeting in November hit 53% on Monday compared to 29% one week ago.
Stock Market Today: Dow Futures Hold Steady; Intel Stock Rallies
Follow along for live updates on stocks, bonds and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Stock Market Today: Dow edges up as stocks look to extend Fed rate-cut rally
Shares of Intel climbed 4.1% in recent trading, enough to pace the Dow's gainers, after reports of investor interest in the chip maker. The stock is now trading 20.4% above the 14-year closing low of $18.
3h
How Intel became a takeover target
Intel has gone from the world's most valuable chipmaker to the target of a takeover bid, after a series of missteps in recent ...
2d
Why Intel Stock Popped Today
Intel stock closed up 3.3% on the news, after jumping as much as 9.5% when the story first broke. Qualcomm closed down 2.9% ...
16h
on MSN
Intel stock forecast as a new twist emerges
Intel (INTC) stock price will be in the spotlight on Monday as investors reflect on the rumoured offer by Qualcomm and news ...
7h
Intel Doesn't Need Qualcomm, The Amazon Partnership Is More Important
Intel's share price has plummeted, but I believe it has bottomed and presents a value opportunity for patient long-term ...
MarketWatch
9h
Intel Stock Advances After Report of Apollo Offer
Shares of
Intel
advanced following a Bloomberg report that Apollo Global Management has offered to make a multibillion-dollar investment in the company. The
stock
was up 2.7% at $22.45 in ...
2d
Did Amazon Just Save Intel Stock?
This is especially true when that friend runs the largest cloud computing business in the world and you are a manufacturer of ...
7h
Should Qualcomm Buy Intel?
Intel Corporation’s struggles may make it an acquisition target for Qualcomm Incorporated, but it faces risks and regulatory ...
6h
Intel Stock Climbs Toward 7-Week High As Rumors Swirl: Here’s What To Know About Embattled Chip Maker
Is Intel desperate enough to seriously consider something like this?,” asked one analyst about the bombshell report about a ...
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Apollo Global Management
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