Squawk on the Street
Squawk on the Street
CNBC
Commerce Sec. Lutnick on Intel, Home Depot Misses, Palo Alto Surges 8/19/25
46 minutes Posted Aug 19, 2025 at 2:37 pm.
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Show notes

Carl Quintanilla, David Faber and Mike Santoli led off the show with developments regarding Intel: Softbank investing $2 billion in the 

company, as the Trump Administration reportedly weighs taking a 10% stake in the chipmaker. Commerce Secretary Howard Lutnick joined 

the program and discussed a potential government investment in Intel. Also in focus: Home Depot's quarterly miss, Palo Alto Networks shares

jump on earnings, Nexstar to buy rival TV stations operator Tegna, the "SPAC king," Medtronic and activism, why one particular stock is plummeting 40%.

 

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