10 publishers · first seen Fri, 30 Oct 2026 17:16 UTC · updated Sun, 01 Nov 2026 19:34 UTC
In August 2025, President Donald Trump made the U.S. government a major shareholder in Intel by purchasing a 10 percent stake. However, the company's stock experienced a significant decline, reducing the Commerce Department's Intel holdings by over $10 billion in a single day. The drop was driven by poor Q4 earnings and guidance, leading to a 28 percent decrease in Intel's stock value. Despite the government's stake still being technically profitable, the situation has raised concerns about the sustainability of such government investments in private companies. Meanwhile, a federal judge ordered the removal of three taxpayer-funded Trump administration ads, including one promoting the president's claim that every American will receive $5,000 if Republicans maintain control of Congress. The judge ruled that these ads appeared to be made for political or propaganda purposes and must be taken down from official government websites and social media platforms.
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