One Door Closes & Another Opens

Intel's the latest tech trade, TikTok's time is running out, and stocks pop & drop in the last trading day of the Biden administration.

NEWS
One Door Closes & Another Opens

Source: Tenor.com

It was the final trading day of the Biden Administration, with stocks seemingly trading higher on optimism about what could be announced during Trump’s inauguration speech on Monday. Tech stocks continued to surge on the back of cooler-than-expected inflation data and strong earnings from initial filers. The market is closed on Monday, but many will be watching crypto closely for clues into how the stock market may open on Tuesday. 👀

Today's issue covers Intel becoming the latest tech trade, TikTok’s time running out, and other noteworthy pops and drops from a long Friday. 📰

Here’s the S&P 500 heatmap. 9 of 11 sectors closed green, with technology (+1.57%) leading and healthcare (-0.67%) lagging.

Source: Finviz.com

And here are the closing prices: 

S&P 500

5,997

+1.00%

Nasdaq

19,630

+1.51%

Russell 2000

2,276

+0.40%

Dow Jones

43,488

+0.78%

Most bullish/bearish symbols on Stocktwits at the close: 📈 $GSIT, $LEDS, $INTC, $BZAI, $FUTU 📉 $DIDIY, $COF, $CPS, $RCAT, $AGIO*

*If you’re a business and want to access this data via our API, email us.

COMPANY NEWS
Intel Becomes The Latest Tech Trade 🧐 

There have been many great trades on the long side of the tech sector these last few years, but Intel has not been one of them. However, some signals are emerging that suggest the tide could be turning in the tech giant’s favor. 🚨 

Today, a report by SemiAccurate signaled that Intel could be acquired by a company as a whole and not just in parts, citing an email from unnamed sources. It also noted that the potential acquirer is not any company that has been in the news in the past, which rules out Qualcomm. 💰️ 

Given the size and nature of this transaction, the acquirer would have to be a behemoth in the industry, narrowing it down to just a handful of possible suitors.

However, with the stock heavily beaten down, the rumors were enough to spark an 11% rally and push Stocktwits sentiment into ‘extremely bullish’ territory. Additionally, an active poll on Stocktwits with nearly 8,000 votes shows that Intel is trailing just behind Nvidia as the semiconductor stock respondents see having the most upside potential in 2025. 🤯 

Source: Stocktwits.com

PRESENTED BY STOCKTWITS
“The Weekend Rip” With Ben & Emil 🍿 

Hosts Ben and Emil are back for another Weekend Rip, discussing their Butthole and Fartcoin positions, big banks like JPMorgan Chase raking in billions, the quantum computing stock “scam,” & their views on the Stocktwits Community’s top 2025 picks.

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