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Stocks Drift as Inflation Looms; Intel Makes $15 Billion AI BetEconomy
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EconomyStocks Drift as Inflation Looms; Intel Makes $15 Billion AI Bet

US stocks remain close to record levels as investors await the latest inflation figures later this week. Intel is offering $15 billion in common stock as it seeks to benefit from surging demand for artificial intelligence. Oil prices are rising while President Trump increases financial pressure on Iran, which has rejected talks. GameStop may pull its $56 billion bid for eBay, while Berkshire Hathaway CEO Greg Abel is putting cash to work.

BBloomberg Television 2026-08-10 17:34