Intel Gets Multibillion-Dollar Apollo Offer as Qualcomm Circles

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg News US Semiconductor & Networking Report Ian King and Liana Baker, Managing Editor of the Bloomberg News Deals Team, discuss Apollo Global Management offering to make a multibillion-dollar investment in Intel providing the chipmaker with a vote of confidence in its turnaround strategy and an alternative to a potential takeover by larger rival Qualcomm. Bloomberg News Markets Correspondent Abigail Doolittle and Danny Hertzberg, Realtor at Jills Zeder Group, talk about the luxury real estate outlook in South Florida. Frank Sorrentino, CEO at ConnectOne Bank, explains what the Fed rate cut means for banks and small businesses. And we Drive to the Close with Veronica Willis, Global Investment Strategist at Wells Fargo Investment Institute. Hosts: Carol Massar and Matt Miller. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.