Intel won't sell Mobileye. What's more, it probably shouldn't sell Mobileye (and neither should you).Thursday is looking like a great day to own stocks, and tech stocks in particular -- especially tech stocks tied to autonomous cars. If you own shares of Mobileye (MBLY 17.53%) or Alphabet (GOOG 2.05%) (GOOGL 1.97%) today, you have Intel (INTC 2.70%) to thank for it.Oh, sure. A lot of stocks gaining today are gaining on the back of a 50-basis-point interest rate cut by the Federal Reserve yesterday. That's o ...

Intel said it has no plans in divesting its majority stake in the autonomous driving companyMobileye Global Inc (NASDAQ:MBLY) is near the top of the Nasdaq Composite (IXIC) today, and that's saying something considering the broad-market burst from tech stocks this morning. The autonomous driving company got some relief after Intel (INTC) -- which owns a majority stake in Mobileye -- said it had no plans to divest its stake. There were concerns among investors after a Bloomberg report earlier in September in ...

John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon. The Motley Fool recommends Intel and recommends the following options: short November 2024 $24 calls on Intel. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you ...

I wrote about Intel Corporation (NASDAQ: INTC ) several months ago, downgrading it to a hold. I also concluded that Intel could be a value trap and that it may be better to look for buying opportunities inAre You Getting The Returns You Want? Invest alongside the Financial Prophet's All-Weather Portfolio (2023 47% return) and achieve optimal results in any market.The Daily Prophet Report provides crucial information before the opening bell rings each morning.Implement my Covered Call Dividend Plan and earn ...

The stock is moving higher, but can the momentum last?Intel's (INTC -2.19%) stock price collapse at the start of August on news out of its earnings report wasn't a big surprise. The chipmaker had fallen behind after years of operating a money-losing foundry business, while fabless rivals, like Advanced Micro Devices, have gained market share.Intel has long dominated the PC processor business, but a cultural aversion to risk-taking prevented the company from extending that leading position into other areas. ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends Intel and recommends the following options: short November 2024 $24 calls on Intel. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

SAN FRANCISCO, CA - JUNE 26: In this handout photo provided by Intel, Tom Kilroy, vice president of ... [+] Intel?s Digital Enterprise Group, displays Intel's new Dual-Core Xeon Processor 5100 on June 26, 2006 at an event in San Francisco. Available for high-volume servers, workstation and communications markets, the 64-bit processor is based on the Intel Core Microarchitecture for increased performance with reduced energy consumption. (Photo by Court Mast/Intel via Getty Images)Getty ImagesIntel stock (NAS ...

As markets rise in anticipation of the Fed cutting rates tomorrow, Intel (INTC)  and Amazon (AMZN)  have helped lead the broader rally among tech stocks after announcing plans to expand their partnership on Monday.Intel’s stock had popped +8% in today’s trading session after recently falling to a 10-year low of $18 a share in August.Meanwhile, Amazon shares were up as much as +2% in early morning trading and are now sitting on gains of over +20% for the year with AMZN edging toward $200.Image Source: Zacks ...

Key TakeawaysShares of Intel recently traded at their highest levels this month.Investors responded positively to Monday night's turnaround update from Intel CEO Pat Gelsinger.Some Wall Street analysts, however, remained cautious, reiterating recent ratings and price targets on the shares. There are signs of hope among Intel (INTC) investors.  Shares of the chipmaker rose Tuesday, lifted by Monday evening’s update on Chief Executive Officer (CEO) Pat Gelsinger’s plans to re-energize the company and reinvigo ...

Intel scored a new deal with Amazon.After hanging on the ropes for much of August and September, Intel (INTC 3.93%) is suddenly having a banner week.The stock jumped yesterday after the company secured $3 billion in funding from the CHIPS Act, and today it's climbing again after it announced a new partnership with Amazon (AMZN 1.08%). At 12:23 p.m. ET, the stock was up 4.4% on the news. Investors see it as a sign that the company is reinventing itself after announcing a massive restructuring in its second-q ...