Market Overview - U.S. stock futures advanced on Friday following record gains on Thursday, with major benchmark indices showing higher futures [1] - Wall Street remained optimistic due to AI-led market trends, despite most S&P 500 sectors declining [1] - The S&P 500 index reached a new record, with information technology and communication services sectors performing well [4] Economic Indicators - The 10-year Treasury bond yielded 4.09%, while the two-year bond was at 3.55% [2] - Markets are pricing a 97.8% likelihood of the Federal Reserve cutting interest rates in its October meeting [2] Sector Performance - The Dow Jones index rose 79 points (0.17%) to 46,519.72, while the S&P 500 increased by 0.062% to 6,715.35 [6][7] - The Nasdaq Composite advanced 0.39% to 22,844.05, and the Russell 2000 gained 0.66% to 2,458.49 [6][7] - Sectors with the biggest losses included energy, consumer discretionary, and real estate, while materials and information technology stocks helped U.S. stocks settle higher [4] Company Highlights - Nvidia Corp. reached a market capitalization of $4.6 trillion, rising around 1% [5] - Advanced Micro Devices Inc. surged 3.5% after reports suggested Intel may add AMD as a foundry customer [5] - Intel shares advanced 2.2%, on track for their highest close since April 2024 [5] Investor Behavior - Institutional investors sold $3.6 billion in stocks, marking their largest weekly sell-off since June, while hedge funds offloaded $1.3 billion [12][13] - Retail investors became net buyers for the first time in four weeks, purchasing a total of $200 million in equities [14] Global Market Trends - Asian markets closed higher, with Japan's Nikkei 225, Australia's ASX 200, South Korea's Kospi, China's CSI 300, and India's S&P BSE Sensex indices rising [19] - European markets also showed positive trends in early trade [19] Notable Stock Movements - Actelis Networks Inc. jumped 42.95% after announcing a new contract valued at approximately 5.45% of its market capitalization [17] - XCel Brands Inc. surged 47.98% following a settlement agreement with the SEC [17] - Rumble Inc. shares climbed 12.04% due to a partnership announcement [17]

Core Viewpoint - The article discusses the potential collaboration between Intel and AMD, highlighting the strategic importance of this partnership amid the U.S. push for domestic chip production and the evolving semiconductor landscape [3][4][5]. Group 1: Intel's Position and Strategy - Intel's CEO has indicated that the company may need to scale back its advanced manufacturing capabilities if it cannot attract sufficient outsourcing demand, making AMD a crucial client [3]. - The negotiations between Intel and AMD are in preliminary stages, with uncertainty surrounding the extent of AMD's manufacturing shift to Intel and whether it will involve direct investment from AMD [3][4]. - Intel has been actively seeking potential customers and investors to strengthen its foundry business, aiming to compete with TSMC and Samsung [5]. Group 2: AMD's Manufacturing Dependencies - AMD currently relies heavily on TSMC for the production of its processors and graphics chips, while Intel lacks the capability to produce AMD's most advanced and profitable products [4]. - The potential agreement with Intel could align with AMD's political interests, especially in light of U.S. restrictions on chip exports to China [4]. Group 3: Industry Dynamics - The article notes that Intel has garnered significant support from various stakeholders, including the U.S. government, SoftBank, and Nvidia, which have invested heavily in the company [4]. - A partnership with AMD would represent a significant breakthrough for Intel's manufacturing business, transforming a historical rivalry into a strategic alliance [5].

Core Viewpoint - Intel's stock price has surged nearly 60% over the past 60 days, surpassing the $37 mark, significantly increasing the value of the U.S. government's 10% stake to approximately $16 billion [1] Group 1: Government Investment - The Trump administration reached an investment agreement with Intel in August, purchasing 433.3 million shares at $20.47 per share, totaling $8.9 billion [1] - Intel has received $2.2 billion in subsidies and is set to receive an additional $5.7 billion under the CHIPS and Science Act, along with $3.2 billion from another government program [1] - CEO Pat Gelsinger emphasized the importance of government investment in the semiconductor industry for the U.S. economy and national security [1] Group 2: Strategic Partnerships - Intel has attracted investments from SoftBank and NVIDIA, with NVIDIA announcing a $5 billion investment to collaborate on data center and PC products [1] - The influx of capital is aiding Intel's recovery after a significant decline in 2024, where the stock fell 60%, marking its worst annual performance [1] Group 3: Market Confidence - Under Pat Gelsinger's leadership, market confidence has improved, with Intel's stock reaching an 18-month high [2] - Recent news of potential collaboration with AMD on customer partnerships led to a 7% increase in stock price [2]

Group 1 - Intel's stock price has increased by 11.18% over two consecutive days, reaching a new high since April 2024, indicating strong market performance [1] - Intel is in preliminary talks with AMD, which could enhance its foundry business and create new growth opportunities, impacting the competitive landscape in the semiconductor industry [1] - The U.S. government's investment in Intel, including the purchase of 433.3 million shares at $20.47 each, has positively influenced the company's market value [1] Group 2 - Investor confidence in Intel has been renewed, with optimism regarding its future profitability amid growing global chip demand [2] - The introduction of advanced manufacturing equipment, such as High-NA EUV lithography machines, aims to improve Intel's competitiveness in advanced chip manufacturing [2] - Intel's strategic transformation is showing results, suggesting potential for increased market share and revenue growth in the long term [2]

Group 1 - President Trump claims the government shutdown presents a "once-in-a-lifetime opportunity" to cut more Democratic priorities, indicating a strategy to undermine political opponents during the shutdown period [4][5] - The White House has frozen approximately $18 billion in funding for two major infrastructure projects in New York City and canceled about $8 billion in climate-related projects favoring Democratic states [4][5] Group 2 - A top forex analyst warns that the government shutdown exacerbates risks for the US dollar, with critical Federal Reserve communications becoming essential for traders due to the absence of economic data [7] - The political deadlock has delayed the release of weekly jobless claims data and may postpone the monthly non-farm payroll report [7] Group 3 - Amazon is under federal investigation after two Prime Air delivery drones collided with a crane in Arizona, leading to a temporary halt of drone services in the area [9] - The incident occurred near a commercial area close to an Amazon warehouse, prompting the company to cooperate with authorities for an investigation [9] Group 4 - Intel's stock price surged over 50% last month, with shares reaching above $37, resulting in the value of the US government's 10% stake in the company rising to approximately $16 billion [11] - The Trump administration acquired 433.3 million shares of Intel at $20.47 per share, totaling an investment of $8.9 billion [11] Group 5 - Elon Musk urged his followers to cancel their Netflix subscriptions due to controversy surrounding an animated show, which has drawn criticism from conservative groups [13] - The controversy relates to the show's representation of transgender characters, leading to its cancellation after two seasons in 2023 [13] Group 6 - President Putin stated that if the global market loses Russian oil supply, prices could "skyrocket" and exceed $100 per barrel [15] - He emphasized the severe implications for the global energy sector and economy if Russian oil is removed from the market [15]

the market on close. I'm Marley Caden here in Chicago alongside Sam Bodis at the New York Stock Exchange. We'll close our show how we do every day with some final thoughts on the session.Of course, we did not get our usual unemployment numbers today and we will not get our non-farm payrolls report tomorrow with the government closure still in effect. What we did get was some data that continues to show a softening labor market. The Chicago Fed released data that says that the unemployment rate remained unch ...

Group 1: Berkshire Hathaway Acquisition - Berkshire Hathaway confirmed a nearly $10 billion acquisition of Occidental Petroleum's petrochemical division, marking its largest deal since 2022 [2] - Following the announcement, shares of Occidental Petroleum fell by 7.3%, while Berkshire Hathaway shares experienced fractional losses [2] Group 2: Fair Isaac and Credit Bureaus - Fair Isaac (FICO) shares surged by 18% after announcing it would provide consumer credit scores directly to firms selling consolidated credit reports to mortgage providers, reducing reliance on major credit bureaus [3][7] - Shares of competing credit bureaus, Equifax and TransUnion, dropped significantly, with Equifax down 8.5% and TransUnion nearly 11% [3] Group 3: Cryptocurrency Market - Major cryptocurrencies, including Bitcoin, saw a revival, contributing to a 7.5% increase in shares of Coinbase Global, the largest U.S. crypto exchange [4] - Robinhood Markets, which also offers crypto trading, saw its shares rise by 4.1% as the CEO predicted significant impacts from the tokenization of real-world assets [4] Group 4: Intel and AMD - Intel shares gained 3.8% amid reports that Advanced Micro Devices (AMD) is in early talks to become a customer of Intel's foundry business [5] - Intel's stock has doubled in value since reaching its year-to-date low in April, driven by investments from Nvidia, SoftBank, and the U.S. government [5] Group 5: AES Corp and Market Reactions - Shares of AES Corp, a renewable energy provider, fell by 7% after reports of advanced negotiations for a potential acquisition by Global Infrastructure Partners, owned by BlackRock [8]

Intel shares are trading at their highest level in 18 months, with the latest gains sparked by a report the company is in early-stage talks to manufacture chips for rival Advanced Micro Devices. Monitor these major chart levels. https://t.co/bSwOSpDzVA ...

Intel (INTC) shares have doubled over the past six months as the struggling chipmaker received capital infusions from the government and major corporations. In August, President Donald Trump’s administration invested some $9 billion to build a 10% stake in the legacy technology company, followed by another $5 billion it received from Nvidia (NVDA) last month. More News from Barchart Note that Softbank (SFTBY) parked $2 billion in Intel stock this year as well. INTC is now trading at a price last seen in ...

Group 1 - Intel's stock price increased by 3% on Thursday, with a monthly gain exceeding 50%, surpassing $37 per share [2] - The U.S. government's 10% stake in Intel is now valued at approximately $16 billion due to the stock price surge [2] - The Trump administration acquired 433.3 million shares of Intel at $20.47 per share, totaling an investment of $8.9 billion [2] - Intel has received $2.2 billion from the CHIPS Act and is set to receive an additional $5.7 billion, along with $3.2 billion from a separate government project [2] - CEO Pat Gelsinger highlighted the historical investment in the semiconductor industry as crucial for national economic and security interests [2] - Intel is attracting significant investments from major players, including a $5 billion investment from Nvidia for collaboration on data center and PC products [2] Group 2 - Intel faced a challenging fiscal year 2024, with a 60% decline in stock price, marking its worst year on record [3] - Confidence in Intel is beginning to recover, with current stock prices at the highest level in 18 months under CEO Pat Gelsinger's leadership [3] - Intel's stock rose by 7% following reports of early negotiations with AMD to potentially include the hardware manufacturer as a client [3]