Qualcomm Steps Back From Intel Acquisition: Semiconductor Shake-Up On Hold

Image source: Wikimedia Commons

Qualcomm Steps Back from Intel Acquisition: Semiconductor Shake-Up on Hold. 💼 Qualcomm's interest in acquiring Intel has cooled, halting what could have been a landmark tech deal reshaping the semiconductor landscape. The decision contributed to regulatory challenges, Intel's $50B debt, and its manufacturing unit’s struggles. The move shifts focus back to Intel's reinvention efforts and Qualcomm's ambitions to tap into emerging markets like PCs, networking, and automotive chips. Yahoo Finance reports.

📈 TrumpTrack: Wall St closes higher; small-caps hit record high after Trump nominates Bessent. Reuters reports

.🏛 AdEmpire: Google's US antitrust trial over online ad empire draws to a close. Yahoo Finance reports.

🔊 AIVOX: Nvidia shows AI model that can modify voices, generate novel sounds. Reuters reports.

🚨 HiddenFigures: Macy's delays Q3 earnings report, says employee hid up to $154 million in expenses. Yahoo Finance reports.

🌍 EcoTesla: Tesla racked up greenhouse emissions credits in 2023 as other automakers lagged. Reuters reports.

📈 GrowthPG: Procter & Gamble’s stock upgraded to buy as its China business is perking up. MarketWatch reports.

(All pricing and percent gains are based on Early Pre-Market from 4:00 AM to 7:00 AM Eastern Time)
Benzinga reports.

1. $PSTX: Poseida Therapeutics
Total gain: 225.17%

2. $ZENA: ZenaTech
Total gain: 58.72%

3. $IDAI: T Stamp
Total gain: 51.72%

4. $VSEE: VSee Health
Total gain: 39.53%

5. $HOOK: HOOKIPA Pharma
Total gain: 31.29%

* Analyzing the markets with Richie Naso, a Wall Street veteran of over 40 years and former member of the NYSE.

Has the Santa Rally Began:

The stock market had a mixed but generally positive week from November 18 to November 22, 2024, with notable sector rotations and record highs for certain indices.

The Dow Jones Industrial Average reached a record high, buoyed by strong performance in cyclical stocks like industrials and financials. These sectors benefited from optimism about an improved economic climate under the upcoming U.S. administration​. The S&P 500 rose slightly, closing at 5,969.3, with buyers stepping in during market dips​. The Nasdaq, heavily weighted in tech, underperformed as technology stocks like Nvidia, Amazon, and Meta Platforms faced pressures, partly due to sector rotation and policy concerns​.

The closing price of the top three market percent gainers trading near or above $3 on November 25.

*All pricing and percent gains are based on regular market trading hours from 9:30am to 4:00pm Eastern Time
Benzinga reports


1. $ZENA: ZenaTech
Total gain: +251.96%
The company has been steadily advancing in both commercial and military sectors. Founded in 2017, it specializes in cutting-edge drone technology aimed at improving operational efficiency across diverse industries, such as agriculture, logistics, defense, and government. With an expanding product portfolio and a strategic emphasis on military applications, ZenaTech is establishing itself as a prominent player in the rapidly evolving AI-driven drone market. Benzinga reports.

2. $QMCO: Quantum
Total gain: +138.44%
The stock appeared to be moving on no notable news.

3. $SMTK: SmartKem
Total gain: +69.69%
The company has collaborated with AUO to develop the world's first advanced rollable and transparent microLED display, leveraging Smartkem's technology. Benzinga reports.

*Estimate and Actual numbers represent Earnings Per Share in US Dollars

GES: Guess
3Q 2025
After Market Close
Estimate: 0.370
Actual: N/A

HPQ: HP
4Q 2024
After Market Close
Estimate: 0.930
Actual: N/A

DELL: Dell Technologies
3Q 2025
After Market Close
Estimate: 2.060
Actual: N/A

Time (ET) / Report / Period

9:00 am - S&P Case-Shiller home price index (20 cities)
10:00 am - Consumer confidence - November
10:00 am - New home sales - October

“Patience in trading is as valuable as timing. It's not just about when you enter, but how long you're willing to stay in the game.”

― Morgan HouselSourced in:
“The Psychology of Money”, by Morgan Housel, published in 2020