Welcome to See King Alpha's Wall Street breakfast, where we cover the top news for investors every morning.

Good morning. Today is Wednesday, December 27th. I'm Julie Morgan.

Intel rises on news out of Israel.

The deal between Dish Network and Echo Star

is expected to wrap up soon.

And if you don't like ads when you watch Amazon Prime video, you're going to have to pay up.

Semi-conductor stocks were largely in the green on Tuesday with Intel leading the charge, rising 5.2%. This happened after the company secured a 3.2

billion dollar grant from the Israeli government for a new 25 billion dollar

facility in the southern part of the country.

Intel operates four sites in Israel and employs about 11,700 people.

Shares of AMD, Invidia, Qualcomm, and on semiconductor, among others, were up at least 1% in sympathy.

Besides, the Grant Intel also vowed to buy 60 billion Sheckels, that's $16.6 billion worth of goods and services from Israeli

suppliers over the next decade. While the new site is anticipated to create several

thousand jobs, the site is scheduled to open in 2027.

DISH network's planned merger with Echostar is tentatively scheduled to close on

Sunday and according to a NASDAQ D listing notice the last

trading day for dish network is slated for Friday. If you remember the companies

announced in August that they were merging in an all-stop transaction.

And earlier this month, the Federal Communications Commission

granted approval for the transfer of control of Dish to Echo Star.

After the merger is completed, existing dish shareholders will own about 69% of the common

stock of the combined company, while existing Echo Star stockholders will own the remaining 31%.

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