Stock market trends.

Chipotle Mexican Grill (CMG). Shares rose 3% after a 50-to-1 stock split was approved.

Intel (INTC). Shares initially rose on news that the company received funding from the White House as part of the CHIP and Science Act. The White House said it would provide the company with $8.5 billion in funding. However, during the trading session, shares fell by 1%.

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