A Bernstein analyst recommends avoiding Intel’s stock as takeover rumors have the potential to drive a rally, though “it doesn’t feel like a long either.”

It's not even Inauguration Day yet, but Donald Trump is making headlines across the financial world. Friday night he launched a meme coin - $TRUMP - that quickly skyrocketed to a fully diluted valuation of $75 billion.

Intel stocks are currently on a rising spree after news broke out that it is on the verge of being acquired by a 'mystery company.' Ever since the news started spreading, there began strong rumors that Elon Musk could be looking at acquiring Intel alongside Qualcomm,

Intel stock surged on rumors of a potential buyout involving Elon Musk, suggesting a 20%-30% premium. Click here to read more on the possible INTC buyout.

Shares of Intel were up more than 2% Tuesday afternoon, extending Friday gains that were powered in part by deal-related rumors.

According to rumors, Elon Musk is interested in acquiring Intel. It is also said that Qualcomm and Global Foundries are somehow involved in the deal.