Intel Joins the Race of Self-Driving Cars with a $14.7bn Cash Bet on Mobileye

Corporate Finance

Intel Joins the Race of Self-Driving Cars with a $14.7bn Cash Bet on Mobileye

Mobileye NV (NYSE: MBLY) – market cap as of 30/03/2017: $13.63bn Intel Corporation (NASDAQ: INTC) — market cap as of 30/03/2017: $171.80bn Introduction On March 13, 2017, Intel Corporation announced the acquisition of the Israeli tech company Mobileye NV for $14.7bn. The U.S. chipmaker is paying one of the highest Read more…

By BSIC, 7 years7 years ago

Markets Single Stocks Trade Ideas

Trade idea: exploit the autocorrelation of all-time highs

Trade idea: exploit the autocorrelation of all-time highs The US is growing, unemployment is back to 2008 level and confidence has increased. Stocks followed through and set an all-time high. The situation we are in puts many investors out of their comfort zone. Many seek to get back into stocks, Read more…

By BSIC, 11 years ago

intel

Corporate Finance