Intel rises 0.05% in after-hours trading following $2 billion investment agreement with SoftBank.

Market Watcher08-19
August 18th, 8:00 PM, after the U.S. stock market closed, several stocks experienced significant movements.

Intel saw a 0.05% increase in after-hours trading, reaching a peak of $23.05 per share.
SoftBank Group Corp. and Intel Corporation have entered into a $2 billion investment agreement, with SoftBank acquiring Intel common stock at $23 per share. This strategic move aims to boost U.S. semiconductor innovation and technology. The partnership underscores a shared commitment to advancing semiconductor manufacturing in the United States. Both companies emphasize the importance of semiconductors in various industries and express confidence in Intel's pivotal role. The investment aligns with SoftBank's vision of driving the AI revolution and supporting digital transformation and next-generation infrastructure.

Palo Alto Networks reported its fiscal fourth-quarter results for 2025, with a net income of USD 253.8 million, revenue of USD 2,536.3 million surpassing the IBES estimate of USD 2,502 million, EPS of USD 0.36, operating income of USD 497.2 million, adjusted EPS of USD 0.36 compared to IBES estimate of USD 0.88, and a pretax profit of USD 591.8 million.
Despite the positive financial results, the stock saw a slight decline in after-hours trading. Analysts had expected slightly higher earnings, and the stock is still rated as a buy.

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