Intel stock is expanding as a takeover

• In the year The S&P 500 jumped 1 percent to a three-day weekend on Friday, Jan. 17, 2025, a high note, as prospects for more rate cuts in 2025 are renewed.

• Intel shares rose following reports that the semiconductor giant could be a potential buyout target.

• Freight forwarder JB Hunt posted lower-than-expected sales and profit for the fourth quarter, and its shares fell.

Major US stock indexes Pushed up To finish the week, with traders Prepared for a day off On Monday, Martin Luther King Jr. Day, Donald Trump will be sworn in for his second term as president.

Strength among stocks to close the week coincided with renewed hope that the Federal Reserve may cut interest rates in 2025. Reinforced with markers Declining inflation. (Here are four reasons Inflation is still there..)

The S&P 500 rose 1% on Friday. Strength in the technology sector helped the Nasdaq rise 1.5%, while the Dow rose 0.8% for the day.

Intel (INTC) shares rose 9.3 percent as the semiconductor giant bested the S&P 500 between reports. It can be a control target.. Friday’s push to higher extended earnings was posted by Intel stock earlier in the week after the chipmaker’s venture fund said it would move its money into an independent entity and the company would remain an investor. Intel’s interim CEO said the move would help the company increase efficiency and maximize the value of its assets.

SLB (SLB), the world’s largest oilfield services company, reported better-than-expected fourth-quarter profit, increased its dividend and stepped up share buybacks. Despite SLB striking a cautious tone for 2025, which suggests year-over-year earnings growth will be limited as high oil supply levels limit oil field activity, the shares rose 6.1% following the strong earnings report.

Shares of Truist Financial (TFC) the bank’s holdings gained 5.9% after the company boosted its quarterly sales and profit estimates. Net interest income and non-interest income were higher than year-ago levels, helping to drive strong results. An increase in average deposit accounts contributed to Truist’s performance, which came despite a decline in average loan accounts.

Shares of JB Hunting Transport Services (JBHT) suffered the biggest decline of any S&P 500 stock on Friday, as the shipping company’s fourth-quarter sales and profit fell 7.4 percent. It fell below expectations. The decline weighed on performance, and the company reported a decline in revenue across all of its divisions. JB Hunt’s CEO said the company is focused on repairing the trucking industry’s margins amid moving headwinds.

The story continues