Market Overview - The S&P 500 index reached a new all-time high for the third consecutive trading day, while the Dow Jones and Nasdaq experienced slight declines [1] - The latest PPI data in the U.S. exceeded expectations, leading traders to reduce bets on a rate cut by the Federal Reserve next month [1] - The two-year Treasury yield rose by two basis points to 3.69%, reversing earlier declines [1] U.S. Economic Indicators - The PPI increased by 0.9% month-over-month and 3.3% year-over-year, marking the highest inflation rate in three years, driven by a surge in service costs [6] - Initial jobless claims decreased by 3,000 to 224,000, indicating that employers are reluctant to lay off workers [7] - The average rate for a 30-year fixed mortgage fell to 6.58%, the lowest since October of the previous year [8] Company-Specific News - Berkshire Hathaway reduced its stake in Apple by 20 million shares while establishing new positions in UnitedHealth and Nucor [8] - Hillhouse Capital's HHLR Advisors reported a total market value of $3.105 billion, with over 90% in Chinese stocks, highlighting a strong preference for quality Chinese assets [9] - The Trump administration is negotiating a potential investment in Intel to support its domestic manufacturing efforts [10] - Apple Watch's blood oxygen tracking feature has returned to the U.S. market after a legal dispute, now allowing data to be displayed on paired iPhones [11]

Market Trends & Government Intervention - Intel's stock performance has seen a 19% increase this week, potentially influenced by President Trump's focus on Lip Bhutan [1] - The discussion suggests Intel could become a significant foundry business, similar to Taiwan Semiconductor Manufacturing [2] - The Trump administration's focus on national champion companies and bringing back manufacturing to the US aligns with potential government support for Intel [3][5] - Government taking a stake in a company typically doesn't lead to stock rallies, unlike the observed 8% increase [4] - The administration might have been considering investing in Intel while publicly criticizing them [4] - Concerns arise from Lip Bhutan's relationships in China, emphasizing the US versus China tech war and the need for Intel to prioritize US concerns [7] - Government ownership could provide more control over Intel, which might be necessary in the current geopolitical climate [7][8] Financial & Strategic Considerations - The idea of government taking stakes in companies outside of a crisis is unconventional, especially post-Great Financial Crisis [9] - The government's potential stake in Intel is viewed as a strategic move, similar to the 15% stake in MP Materials [11][12] - The discussion highlights the potential for the government to take stakes in other strategic companies [12]

Intel and the Trump administration are discussing the possibility of the U.S. government taking a financial stake in the troubled chip maker https://t.co/yLuzs7ChMl ...

Intel shares ripped higher on news the Trump administration is considering the US government taking a stake in the chipmaker. Hear more in the latest Stock Movers report https://t.co/xQzZTdlgfe ...

U.S. government is reportedly in discussions to take stake in Intel | TechCrunch https://t.co/sLEGvwutGg ...

Core Viewpoint - Intel's stock experienced a significant increase of 7.4% following reports of potential equity investment discussions with the Trump administration aimed at bolstering U.S. manufacturing presence [2]. Group 1: Stock Performance - Intel shares closed up 7.4% on Thursday, marking their highest level since March and recovering from a decline that occurred after a disappointing earnings report last month [2]. - The stock surge occurred in the final hour of trading, indicating strong market interest and investor confidence [1]. Group 2: Government Involvement - The Trump administration is reportedly in talks with Intel regarding a potential equity stake, which would support Intel's manufacturing initiatives in the U.S., particularly a new plant in Ohio [2]. - The size of the potential stake remains unspecified, highlighting uncertainty around the deal [3]. Group 3: Manufacturing Plans - Intel is planning to build two manufacturing facilities in Ohio, with a total investment of $28 billion expected to be completed by 2030 [3]. - The discussions about the potential investment are still in the speculative stage, as noted by White House Spokesman Kush Desai [3].

About 2 minutes away from the end of the trading day. Matt Miller here with Katie greifeld to help take you through the closing bell. We've got a global simulcast.We're joined now by Carol Massar and Tim Stenovec, bringing together our Bloomberg Television, radio and YouTube audiences worldwide to pass the most crucial moments of the trading day. And Carol, I've got to say the biggest headline that I've said to it Day is not PPE, but the Trump administration possibly considering taking a stake in Intel. I w ...

Group 1 - The Trump administration is in discussions with Intel regarding a potential government stake in the company, which has led to a nearly 7% increase in Intel's shares [1] - The discussions were initiated following a meeting between President Trump and Intel CEO Lip-Bu Tan [1][3] - This development follows Trump's public demand for Tan's resignation due to his past investments in Chinese tech firms, some of which are associated with the Chinese military [3] Group 2 - The White House and Intel have not provided immediate comments regarding the ongoing discussions [3]

Government Intervention & Industry Impact - The Trump administration is exploring new ways to involve itself in US industries, potentially through equity stakes, starting with the steel industry and now considering the chip industry [1][2] - The administration aims to secure deals that demonstrate a return of manufacturing to the US, particularly in the chipmaking sector, where the US has lost its leading role [2][3] - Discussions are underway regarding the US government potentially taking a stake in Intel to support the company's manufacturing hub in Ohio, which faces financial difficulties and production delays [3][4] - The administration's approach includes considering taking 15% of certain chip sales revenue when those chips are sold to China, raising questions about the future of companies like Nvidia and AMD [6] - Concerns arise regarding the level of control the government might exert over Intel's operations if it acquires a stake in the company [9] - The administration's actions are drawing comparisons to a centrally planned economy, deviating from traditional capitalism and raising questions about the government's role in deciding winners and losers in the economy [10][12][13] Legality & Precedent - The legality of deals involving government stakes in exchange for lifting export controls is being questioned [15] - Concerns exist about the precedent set by the government taking stakes in large US companies beyond temporary bailouts and the extent to which this resembles past interventions like the auto industry bailout [16] - The potential for government involvement in company decisions, such as board seats, raises concerns about whether government officials are best suited to run companies while also managing government responsibilities [17][18] Financial Implications - Intel could use the funding from the government during a difficult financial period [4][10] - The Trump administration is exploring ways to generate revenue through unconventional deals, such as taking a percentage of revenue from chip sales to China [7][8]

Intel Shares Soar After Report Says Trump Administration May Buy Equity In Tech Gianthttps://t.co/szikQQplNE https://t.co/JvRXL43wrG ...