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Intel stock jumps on plan to turn foundry business into subsidiary and allow for outside funding
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ABC News - Tech
Intel stock surges on plans to make AI chips for Amazon and to turn foundry into subsidiary
Shares of Intel are surging before the opening bell after the chipmaker said its foundry business would make some custom artificial intelligence chips for Amazon Web Services as it attempts to ...Yesterday -
MarketWatch - Business
Don’t let Intel’s stock pop fool you: ‘Things are likely to remain a struggle,’ analyst says
Despite some positive foundry developments, numerous analysts see challenges ahead for Intel as it tries to reclaim technological leadershipYesterday -
Politico - Politics
Will Johnson’s stopgap funding plan make it to the floor?
September 11 -
CNBC - Business
Lunar company Intuitive Machines' stock jumps more than 40% after NASA moon satellite contract
NASA said the company was the sole awardee for a "lunar relay systems" contract, which has a maximum total value of $4.82 billion over five years.4 hours ago -
Financial Times - Business
Fund managers bemoan lack of choice in UK stock market
Rise in foreign takeovers and shortage of IPOs reduce pool that investors can select fromYesterday - United Kingdom -
The Wall Street Journal - Business
Malaysian Glove Makers' Shares Jump as U.S. Plans Higher Tariffs on Chinese Gloves
Malaysian glove stocks surged after the U.S. said it plans to impose higher and earlier tariffs on Chinese gloves, a move likely to ease competition for Southeast Asian manufacturers.Yesterday
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CNBC - Business
Fed slashes interest rates by a half point, an aggressive start to its first easing campaign in four years
The Federal Reserve on Wednesday lowered the federal funds rate to a range between 4.75%-5%.1 hour ago - Federal Reserve -
CNBC - Business
Ray Dalio says the Fed faces a tough balancing act as the economy faces 'enormous amount of debt'
On Wednesday, Dalio listed debt, money and the economic cycle as one of the top five forces influencing the global economy.14 minutes ago -
CNBC - Business
Boeing starts furloughing tens of thousands of employees amid machinist strike
CEO Kelly Ortberg said affected employees would take one week of furlough every four weeks for the strike's duration and he and his team would take pay cuts.7 hours ago -
CNBC - Business
The iPhone 16 Pro Max has better battery life and great cameras, but Apple Intelligence hasn't arrived
CNBC's iPhone 16 Pro Max review. There are a lot of good upgrades but Apple Intelligence isn't ready yet.13 hours ago - Apple -
CNBC - Business
Teamsters union says it will not endorse Harris or Trump in 2024 presidential election
The major labor union said it would not endorse any candidate in the race between Republican nominee Donald Trump and Democratic nominee Kamala Harris.4 hours ago - Donald Trump