For the past two years. Intel Corp. Shares
have returned 29%. Not bad, you might think – but the information technology sector of the S&P 500
returned 110%. Intel's arch-rival Advanced Micro Devices Inc.
saw its stock jump 349%.
Intel's underperformance reflects deep operational problems the company has been facing, which outgoing CEO Robert Swan has been trying to fix since taking the chipmaker's top spot in June 2018. Now, Intel has selected Pat Gelsinger, the company's former chief technology officer who left the company in 2011, as its company's new CEO as of February 15th.
Therese Poletti considers whether Gelsinger can bring Intel back to its previous position as a leading technology innovator.
Continue reading: Intel shares rise after the company replaces CEO Swan with VMware boss
Should You Invest in a SPAC?
In 2020, Purpose Acquisition Firms (SPACs) made themselves like bandits by simplifying the arcane process of traditional stock public offerings. However, SPACs are not suitable for all investors, as Robert Powell explains.
More about investing: Tesla's new share price target of $ 950 on Wedbush is the highest on Wall Street, but the analyst still won't say to buy
Plus: Here's what you should really know about the First 5 Days of January indicator
What it means to work from anywhere
The pandemic has made it clear that many people can work from home effectively. But what about working from a new home in another country? As part of MarketWatch's BookWatch series, Rachael Woldoff and Robert Litchfield break the myth and describe what it takes to be a digital nomad.
MarketWatch photo image / iStockphoto
How to get coronavirus vaccines to people
Getting your hands on COVID-19 vaccines is a tremendous logistical challenge. Jon Swartz explains how giant tech companies are helping to make this happen.
Connected: CES brings new devices to stop the spread of COVID-19
More about vaccine distribution:
Perhaps traditional retail stores aren't quite dead
Tonya Garcia explains how Target Corp.
made the best use of its businesses during the pandemic.
Can I save on my daughter's college expenses with a retirement fund instead of a 529 plan?
The reader says she is afraid of having an unused college savings account if her daughter chooses not to leave. CD Moriarty weighs in and readers have their own suggestions.
View from the pier in Tybee Island, Georgia.
Fun in the sun
Silvia Ascarelli helps a couple who want to live by the sea and where it is warm all year round with a liberal touch.
Coming soon: 2% Treasury yields
President-elect Joe Biden is seeking a new round of federal spending of $ 1.9 trillion to fund vaccine distribution, increased unemployment benefits and another round of direct aid payments. Jefferies Chief Economist Aneta Markowska, the latest winner of the MarketWatch Forecaster of the Month contest, believes that rising federal spending will result in a 2% return on 10-year US Treasury bills
until the end of the year.
Will Chipotle Take Over Fast Food In A New Way?
The 2020 pandemic year was actually a good one for Chipotle Mexican Grill Inc.
The company's third-quarter revenue increased 14% year over year as digital revenue tripled. Chipotle's stock rose 66% over the year. Now the company could be moving to a new area to try and get more business with fast food restaurants, Tonya Garcia explains.
The constant changes of Disney
When life returns to normal you may want to celebrate with a trip to Disney World, but not all will be the same. Jacob Passy lists special guest services that Walt Disney Co.
falls out of its theme parks – permanently.
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