BankUnited, Inc. (BKU) +8.5% on $200M Share Repurchase Authorization

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BankUnited shares jumped 8.5% in a single session after the company authorized an additional $200 million share repurchase program—roughly 7% of its market capitalization. The buyback underscores management confidence in capital strength and earnings durability, particularly as regional banks navigate tighter credit conditions. With a sizable authorization relative to market cap, the move improves capital return visibility and supports near-term share price dynamics through reduced float and enhanced EPS leverage.

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Intel (INTC) — The comeback trade ran into reality

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Intel had become one of the market’s biggest “turnaround” stories heading into earnings. The stock was up sharply going into the print as investors latched onto a simple narrative: the U.S. government support, renewed optimism around traditional server chips powering AI data centers, and the first visible progress on Intel’s next-generation manufacturing (18A / Panther Lake) meant the recovery was finally clean and accelerating.
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Earnings reminded the market it’s not clean — and it’s not linear.
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Intel’s quarter was solid enough, but the outlook wasn’t. Management signaled that near-term results will be constrained by internal supply limits in its own factories, meaning Intel can’t fully capitalize on demand right now even if customers want more chips. That matters because Intel is trying to prove two things at once: that its products are competitive again, and that its manufacturing machine can reliably deliver. Supply constraints undercut both.
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The other issue is strategic: Intel’s core CPU business is still losing ground to AMD and Arm, and its foundry ambitions still need a big outside customer to justify the cost base. Without meaningful external foundry wins, Intel is effectively funding a massive manufacturing rebuild while its product unit fights to stabilize share — a difficult combination when guidance is already soft.
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Bottom line: Intel didn’t blow up, but it also didn’t deliver the “perfect” report the stock had priced in after a huge run. The market is now shifting from hype to hard questions: can Intel execute consistently, ramp supply, and win real outside foundry customers — fast enough to make the turnaround durable?