Mobileye shares jump
Intel says it has no plans to divest majority stake in Mobileye
Intel said on Thursday it had no plans to sell its majority stake in Mobileye Global , sending shares of the self-driving tech firm up more than 13%.
Mobileye shares jump as Intel confirms no plans to divest majority stake
Shares in automotive chip maker Mobileye Global Inc. jumped nearly 15% today after its majority shareholder, Intel Corp., said that it has no plans to divest its interest in the company.
MobilEye Stock Drops After Report That Intel Might Sell Some Of Its Stake
Key Takeaways Intel is reportedly considering selling off some of its stake in MobilEye, which was recently near 90%.A Bloomberg report said Intel might offload some of its stake in a public sale or third-party transaction.
Mobileye Stock Jumps. Thanks, Intel!
Shares of Mobileye Global were rising Thursday after majority shareholder Intel said it currently has no plans to divest a majority interest in the autonomous-driving company.Mobileye stock rose 9.8% in Thursday trading.
Intel declares no plans to divest Mobileye majority stake
The share price of advanced driving assistance systems (ADAS) company Mobileye Global Inc. (Nasdaq: MBLY) is up 8% in premarket trading after Intel Corp. (Nasdaq: INTC) made it clear that it has no plans to divest its majority stake in the Israeli company.
Mobileye Jumps After Intel Says It Won’t Sell Majority Stake
Mobileye Global Inc. shares surged the most in nearly two years after Intel Corp. said it isn’t “currently” preparing to unload its majority stake in the maker of autonomous driving technology, easing investors’ fears.
Intel Says It Won't Sell Mobileye, Ruling Out One Option To Raise Capital
Key Takeaways Intel said it will not sell its majority stake in self-driving technology firm Mobileye.Selling part or all of Mobileye could have raised some capital as part of Intel's larger turnaround plans.
Intel (NASDAQ:INTC) Planning to Keep Mobileye (NASDAQ:MBLY) Stake
While chip stock Intel ($INTC) has done quite a few things to raise cash as it struggles to regain its place in the chip market, one thing that it
Why Intel, Alphabet, and Mobileye Stocks All Popped Today
That news is behind the surprising strength in shares of Intel stock (up 3% through 11:10 a.m. ET), and in Alphabet (up 1.8%) ...
What's Going On With Autonomous Driving Stock Mobileye Thursday?
Intel will not divest its majority stake in Mobileye, causing its stock price to rise alongside a U.S. Fed rate cut. Intel ...
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Mobileye Stock Pops After Intel Reassurance
Autonomous driving stock Mobileye (MBLY) is surging higher today after assurances from majority stakeholder Intel (INTC) ...
There's Another Intel Deal Report Out There. This Time It's About Qualcomm
Qualcomm shares fell following a report that the company has looked into buying segments of Intel, potentially including its ...
In profitability push Mobileye dumps LiDAR, slashes workforce
Mobileye hasn't turned a profit in the past couple of years and 2024 is looking like its third consecutive losing year. News of its recent struggles has pushed shares down to levels below what the ...
Seeking Alpha9d
Mobileye: Investing In The Long-Term Opportunity
Mobileye Global Inc. (NASDAQ:MBLY) shares have reached new lows recently after publishing its 2Q24 earnings results. In this article, I look into the recent earnings published by Mobileye, the ...