Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning.

Thanks for joining us on this Friday, April 25th. I'm Julie Morgan.

Some Americans are skipping trips. Intel is rethinking its strategy, and guests has a new bidder.

Less than half of Americans are planning to has a new bidder.

Less than half of Americans are planning to take a vacation this summer.

This year, 46% are planning some R&R, which is down from 53% to planned a vacation last summer.

These numbers are from Bank R-Rates' 2025 Summer Travel Survey. With factors like higher airfares, hotel costs,

and eating out, all determining if and where to take a vacation, two-thirds of those surveyed said

it was the cost that made their decision to stay at home this summer. And of those who do choose

to travel only 29% are planning to use credit cards to finance their

excursions, down from 36% a year ago. But it's not only the cost of a vacation that is

discouraging travel, but also the cost of everyday expenses. Bank rate found that 68% of the people

polled said that the high cost of living is preventing

their ability to finance a vacation while 64% said travel was just too expensive. Data compiled

by the Bureau of Labor Statistics showed a 1.7% increase in the price of a hotel or motel stay

and is up 15% from pre-COVID levels.

One less expensive option is a cruise. Cost-conscious consumers are piling into ships at a record

pace with 19 million Americans expected to go on a cruise this year, an increase of 4.5% from last year and the third straight year of record passenger

volume. Intel CEO said during Thursday night's first quarter 2025 earnings call that the

company has decided against spinning off its venture capital arm Intel Capital. This is a reversal

from earlier this year when Intel

expected to finalize as spinoff during the second half of 2025. Instead, the CEO said the

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