INTC stock - INTC Stock Is a Buy on Intel’s Foundry Split-Up $Intel(INTC)$ is breaking up. This will have important implications for INTC stock holders.Not literally, but figuratively. CEO Pat Gelsinger said on February 22 that the foundry business, which manufactures chips for Intel and others, will now be run separately from the design business, home of the Intel x86 franchise and other light classics.Best of all, the first big customer for the new foundry business will be $Microsoft(MSFT)$ . It’s putting its ambitions for Artificial Intelligence dominance into Intel’s coming 18A chipmaking process.Intel Software FailuresComputer hardware has been software for decades now, and

Oakmark Funds, an investment management firm, published its Bill Nygren third-quarter 2021 market commentary – a copy of which can beseen here. In the letter, the fund talked about governance with a related topic about shareholders vs. stakeholders, and also discussed some great companies to invest in. You can take a look at the fund’s top 5 holdings to have an idea about their best picks for 2021. Oakmark Funds, in its Bill Nygren third-quarter 2021 market commentary, mentioned Bank of America Corporation$( (NYSE:BAC) )$and discussed its stance on the firm. Bank of America Corporation is a Charlotte, North Carolina-based financial services company with a $385.8 billion market capitalization. BAC delivered a 54.40% return since the beginning of the year, while its 12-month returns are up b

Shares of TWTR stock are down on reports that Elon Musk might not acquire it after all Shares of Twitter (TWTR) are down on reports that Elon Musk's acquisition of the company is in peril. Apparently, Musk has stopped engaging in financing talks related to the deal and may now walk away. Musk continues to raise concerns about the number of fake accounts on the social media platform. Source: Rokas Tenys / Shutterstock.comShares of Twitter (NYSE: TWTR) are down 4% on reports that Elon Musk’s deal to buy the social media company is in serious jeopardy. Before the report, TWTR stock had declined 9% this year to trade at $38.79.Musk, who is the CEO of electric vehicle (EV) maker Tesla (NASDAQ: TSLA), has been threatening to walk away from the $44 bil

The Detroit automaker's shares sank by a double-digit percentage after management said parts shortages would hurt its third-quarter results.Shares of automaker Ford Motor Company (F) were crushed after management said that its third-quarter profit will take a hit due to parts shortages that are expected to leave about 40,000 to 45,000 near-complete vehicles sitting around at the end of the quarter. With its shares already looking cheap before this sharp decline, is this a buying opportunity forinvestors?Sure, Ford may be facing some unexpected near-term challenges. But investors willing to look beyond the quarter have good reason to consider buying into theautomakerat this discounted valuation. After all, management did reiterate its full-year target for adjusted earnings be

A floatation of its Australian telco business may unlock significant value for shareholders.Singtel (SGX: Z74) is once again in the spotlight.An Australian news outlet, The Australian, had reported that the telco was mulling an A$8 billion listing of Optus, its Australian subsidiary.Investment banks Goldman Sachs (NYSE: GS) and Morgan Stanley (NYSE: MS) were supposedly hired to assess the IPO.The blue-chip telco has, however, refuted these news reports.It clarified that it had no intention to list Optus and that this news is “highly speculative”.However, Singtel could still revive this plan at a later stage should market conditions improve.Should investors cheer this potential move to unlock value for the telco?Advancing its strategic reviewIt was slightly mor

Recession worries have led to a massive sell-off of Airbnb stock.It has been a tough year for vacation rental giant Airbnb (ABNB). The general bear market and growing pessimism about the future of travel spending have pushed the stock down 49% year to date.With 2022 coming to an end, many investors are wondering if Airbnb will fall further in the new year or if it's headed for a recovery in 2023. Let's take a closer look and see.A closer look at Airbnb todayAirbnb is the largest vacation rental listing platform in the world with over 4 million hosts offering short- and long-term stays in virtually every country. Despite the stock's beaten-up share price, the home-sharing platform had one of its best years ever. The return of travel in 2021 and 2022 helped its revenue, earnings be

Insider buying can sometimes be a bullish signal, but that's not the case with SOFI stockRecent purchases of SoFi Technologies (SOFI) stock by CEO Anthony Noto may at first seem like a bullish sign.Yet while insider purchases can sometimes signal that a struggling stock is about to turn a corner, it’s hard to see that being the case here.SOFI stock is likely to remain in a slump, in both the near-term and the long-term, for several reasons.Source: Michael Vi / ShutterstockAfter getting burned by the latest with the “student loan saga,”SoFi Technologies (NASDAQ: SOFI) investors have found a new reason to remain bullish on SOFI stock. That would be news of insider buying of the fintech firm’s shares, by CEO Anthony Noto.As Eddie Pan reported last week, Noto has purch

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story stocks' without revenue, let alone profit. Unfortunately, high risk investments often have little probability of ever paying off, and many investors pay a price to learn their lesson. So if you're like me, you might be more interested in profitable, growing companies, like Bank of America (NYSE:BAC). While profit is not necessarily a social good, it's easy to admire a business that can consistently produce it. While a well funded company may sustain losses for years, unless its owners have an endless appetite for subsidizing the customer, it will need to generate a profit eventually, or else breathe its last breath. How Quickly Is Bank of America Increasing Earning