Stocks on Sale: Intel, Snap, Bank of America, and More

Intel (INTC) fell by 26%, a drop not seen since the Y2K bubble popped 24 years ago. The stock’s chances of holding the $21 level are high. Markets are discounting Intel’s weak guidance. The firm may beat expectations after it refreshes its CPU chips in the PC market in October.Intel dragged Arm (ARM), ON Semiconductor (ON), and Broadcom (AVGO) lower last week. Those stocks are on sale, although relative valuations are still unfavorable.Shares of social networking firm Snap (SNAP) are on sale. The stock lost 27% in value after posting a two-cent non-GAAP EPS. Revenue grew by 15.9% Y/Y to $1.24…

Jeff Bezos Sells Amazon Stock Each Time It Rises Above $200

New data shows that Amazon (AMZN) founder Jeff Bezos sells the e-commerce company’s stock each time the price rises above $200 U.S. per share.A look at Bezos’ 10b5-1 plan to sell up to 25 million Amazon shares through Dec. 31, 2025 that has been filed with the U.S. Securities and Exchange Commission (SEC) shows a clear pattern. Bezos has automatically sold Amazon stock throughout this year each time the price touches $200 U.S. a share or higher. Conversely, the selling stops each time the share price drops below the $200 U.S. threshold. This pattern suggests that Bezos has determined Amazon…

Noah Lyles sprints to men’s 100-metre Olympic title in dramatic photo finish – CBC Sports

Noah Lyles sprints to men’s 100-metre Olympic title in dramatic photo finish  CBC SportsLyles headlines group of 3 Americans advancing to 100m final  theScoreOlympics 2024 LIVE: Latest medals, schedule and results from Paris 2024  The IndependentParis 2024 Olympics 100m final: Know time and how to watch live in Australia  OlympicsNoah Lyles finishes 2nd in Olympic 100-meter semifinal heat but advances to race for gold  Toronto Star