Trump Doubtful on Another Tariff Pause

25-04-2025

On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discuss another busy week on Wall Street and in the nation's capital. On today's show, Bloomberg's Tyler Kendall and Romaine Bostick, Abroath Group Managing Partner Christopher Smart, Stonecourt Capital Partner Rick Davis, Center for the Study of the Presidency & Congress Senior Democracy Fellow Jeanne Sheehan Zaino and University of Virginia Miller Center Professor Mara Rudman. (Source: Bloomberg)

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Intel (INTC) Gets $21 PT as Analysts Weigh Trump Administration Stake Talks

Yahoo

43 minutes ago

Yahoo

Intel (INTC) Gets $21 PT as Analysts Weigh Trump Administration Stake Talks

Intel Corporation (NASDAQ:INTC) is one of the . On August 15, Bernstein SocGen Group analyst Stacy Rasgon reiterated a Market Perform rating on the stock with a $21.00 price target. The rating affirmation follows news from Bloomberg that the Trump administration is discussing taking up a stake in Intel. The reported talks stemmed from Intel CEO Lip-Bu Tan's meeting with Trump earlier in the week, with the proposed funding intended to speed up Intel's Ohio efforts. Bernstein believes that the hope trade on Intel is back, but investors will have to wait around and see whether 'Trump Can Make Intel Great Again'. A portrait of a financial analyst, intently reviewing a graph of an index of equity securities on their laptop. 'Yesterday just before the close, Bloomberg reported that the Trump administration was discussing taking a stake in Intel . The article suggested the plans stemmed from Intel CEO Lip-Bu Tan's meeting with Trump earlier this week , with funding supposedly to help shore up Intel's Ohio efforts (currently paused). Bloomberg also indicated that no decisions have been made yet, and that talks could end with no agreement. Both Intel and the administration have at this point supposedly declined comment. Overall though the hope trade on Intel is probably back (for now) as investors wait to see if Trump can Make Intel Great Again (though there is, as always, huge uncertainty around anything this administration does, and we are still not hugely tempted to get involved…). We rate Intel Market-Perform, $21 PT.' Intel Corporation (NASDAQ:INTC) designs and sells computing hardware, semiconductor products, and AI-driven solutions for various industries. While we acknowledge the potential of INTC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Toll Brothers Swings on Earnings-Instant Reaction

Bloomberg

an hour ago

Bloomberg

Toll Brothers Swings on Earnings-Instant Reaction

Orphe Divounguy, Zillow Senior Economist, says affordability remains a challenge even as buyers gain more leverage amid a weaker labor market. He tells Romaine Bostick and Scarlet Fu on 'The Close' that home prices are easing and inventory is building. (Source: Bloomberg)

BHP Sees Growth Opportunities in Copper, Potash

Bloomberg

an hour ago

Bloomberg

BHP Sees Growth Opportunities in Copper, Potash

BHP CEO Mike Henry says he sees growth opportunities in copper and potash. He speaks with Haslinda Amin on "Insight with Haslinda Amin." (Source: Bloomberg)