Closing Bell: Electronic Arts Soars, Intel Rises, Klarna Falls
Sep 26, 2025
Exciting news hits the market as Electronic Arts could soon be taken private, leading to a remarkable 15% rise in its stock. Intel is also in the spotlight, with shares surging nearly 8% as talks with Apple about a potential investment heat up. On the other hand, Klarna struggles post-IPO, dropping below its debut price amid competitive pressures. Additionally, tariff news impacts PACCAR positively, while RH faces declines after disappointing earnings and tariff-related challenges.
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EA Nears Massive Takeover
Electronic Arts surged roughly 15% after reports it may be taken private in a potential ~$50 billion leveraged buyout.
The deal would involve Silver Lake, Saudi Arabia’s PIF and Affinity Partners and could be announced as soon as next week.
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Scale Of Potential EA LBO
A potential $50 billion EA buyout would rival the largest leveraged buyouts in history, near TXU and the Twitter buyouts in scale.
Market reaction shows big acquisitions still move major-cap tech stocks sharply on takeover rumors.
insights INSIGHT
Chips Rally On Policy Bets
Chip stocks rallied after reports the Trump administration may reduce U.S. reliance on overseas chip production.
GlobalFoundries and Intel led gains as investors priced potential policy support for domestic production.
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- Video-game maker Electronic Arts (EA) is in talks to be taken private by a consortium led by Silver Lake Management, Saudi Arabia’s Public Investment Fund and Jared Kushner’s Affinity Partners, according to people familiar with the matter. The company, known for popular titles such as Madden NFL, The Sims and Battlefield, could announce a deal as soon as next week, said the people, who asked not to be identified discussing confidential information. JPMorgan Chase & Co. is working on a financing package for the buyers, the people added. Shares of Redwood City, California-based Electronic Arts closed about 15% higher at $193.35 at in New York, giving the company a market value of roughly $48 billion.
- Intel (INTC) shares continued to rally on word that it approached Apple about securing an investment. Apple and Intel also have discussed how to work more closely together, said the people, who asked not to be identified because the deliberations are private. The talks have been early-stage and may not lead to an agreement, the people said. Shares of Intel gained as much as 7.9% in New York trading on Thursday. They had jumped 6.4% the previous day after Bloomberg News first reported on the discussions. Apple rose less than 1% to $253.71 on Thursday. Shares closed higher on Friday.
- Just weeks after a buzzy trading debut, Klarna (KLAR) shares fell below the initial public offering price for the first time in the face of increased competition from rivals and worries about the path of interest rates. The digital-payments firm’s stock fell 3.8% to $39.94 Friday, closing below the $40 listing price. Klarna started trading on Sept. 10 after the company and some of its backers raised about $1.58 billion in an offering that was double-digit oversubscribed and priced above the marketed range.
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