Intel (NASDAQ:INTC) Stock Rating Upgraded by BidaskClub

Thursday, 22 October 2020, 09:40:51
Intel (NASDAQ:INTC) was upgraded by BidaskClub from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Tuesday, BidAskClub reports. A number of other brokerages also recently issued reports on INTC. Goldman Sachs Group reaffirmed a “sell” rating and issued a $46.00 price target on shares of Intel […]
— Transcript Daily

Intel and Coca-Cola are selling off parts

Thursday, 22 October 2020, 06:56:14
Good morning. The day ahead will see two US corporate behemoths Intel and Coca-Cola report Q3 results while the lack of US stimulus puts the spotlight
— FXStreet

McAfee’s IPO Raises $740 Million in Return to Public Market

Thursday, 22 October 2020, 02:53:58
(Bloomberg) — McAfee Corp. and its shareholders raised $740 million in an initial public offering priced within a targeted range as the cybersecurity software provider returns to the stock market.The company and some of its investors sold 37 million shares for $20 apiece Wednesday, according to a statement. McAfee had marketed 31 million shares for $19 to $22, while its shareholders offered 6 million shares.McAfee is valued in the IPO at about $8.6 billion based on the outstanding shares listed in its prospectus.The company, based in San Jose, California, was acquired by Intel Corp. in a 2010 deal. In 2016, Intel announced that it had signed an agreement to transfer a 51% stake in McAfee to the investment firm TPG for $1.1 billion. The transaction valued the spun-off company at $4.2 billion, including debt.Current backers listed in McAfee’s prospectus include TPG, Intel, Singapore’s sovereign wealth fund GIC Pte and the private equity firm Thoma Bravo.The offering is being led by Morgan Stanley, Goldman Sachs Group Inc., TPG Capital, Bank of America Corp. and Citigroup Inc.
— Yahoo Finance

Intel officials say Iran, Russia seeking to influence election

Thursday, 22 October 2020, 01:49:18
Director of National Intelligence (DNI) John Ratcliffe warned Wednesday that Russia and Iran are behind efforts to sway public opinions related to the 2020 presidential election.
— The Hill

The Acer Swift 3x boasts Intel’s new Iris Xe Max discrete GPU

Wednesday, 21 October 2020, 20:32:00
What was known previously as the Intel Xe HPG discrete graphics chip for laptops appears to be officially branded as the Iris Xe Max, and will appear in Acer’s latest Swift 3x laptop. Acer’s new Swift 3x (SF314-510G), announced Wednesday, lists the laptop’s graphics capabilities as the “Iris Xe Max,” the brand that PCWorld discovered in an Intel sizzle reel in September. The Verge was granted some hands-on time with the new device (but not permission to run any graphics benchmarks) and confirmed that the Iris Xe Max is indeed Intel’s new discrete GPU. It will be paired with Intel’s new Tiger Lake CPUs , specifically the Core i7-1165G7 and Core i5-1135G7 chips. To read this article in full, please click here
— PCWorld