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Latest in Intel Posts More Than $16 Billion Loss but Says Sales Outlook Is Improving

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  • Intel Posts More Than $16 Billion Loss but Says Sales Outlook Is Improving

    The chip maker attributed nearly $16 billion in charges to its sweeping restructuring efforts. The company’s rosy sales forecast sent shares up about 8% after hours.
    Business - The Wall Street Journal - 6 hours ago
  • Intel Posts $16.6 Billion Quarterly Loss, Its Biggest Ever

    Intel Posts $16.6 Billion Quarterly Loss, Its Biggest Ever

    The Silicon Valley chip maker has struggled to turn around its fortunes after missing opportunities and poor execution.
    Tech - The New York Times - 8 hours ago

  • EBay’s sales outlook comes in weaker, and stock falls more than 7%

    EBay’s slightly better-than-expected quarterly earnings were no match for a weaker sales outlook.
    Business - MarketWatch - Yesterday

  • JetBlue’s stock tumbles as downbeat revenue outlook raises risk of more losses

    JetBlue’s stock sinks after Q3 results beat expectations but the Q4 revenue outlook disappointed.
    Business - MarketWatch - 2 days ago

  • Intel seeks billions for minority stake in Altera business, sources say

    This move that would represent a sharp about-face from its earlier public messaging about the larger company's prospects.
    Business - CNBC - October 18

  • Meta’s Reality Labs posts $4.4 billion loss in third quarter

    Meta's Reality Labs unit, which develops augmented and virtual reality technologies, logged an operating loss of $4.4 billion in the third quarter.
    Business - CNBC - Yesterday

  • Indonesia’s iPhone 16 ban will hurt consumers more than Apple

    Government decision to block sale of latest iPhone is far from disastrous for tech group
    World - Financial Times - 3 days ago
  • Microsoft reports quarterly sales up 16% to $65.6 billion as investors ask if AI spending worth it

    Microsoft reports quarterly sales up 16% to $65.6 billion as investors ask if AI spending worth it

    Microsoft on Wednesday reported its quarterly sales grew 16% to $65.6 billion as the company sought to assure investors its huge spending on artificial intelligence is paying off
    Tech - ABC News - Yesterday
  • IMF chief warns of ‘unforgiving’ debt backdrop and low growth

    IMF chief warns of ‘unforgiving’ debt backdrop and low growth

    Kristalina Georgieva says governments’ reluctance to rein in spending heightens public finances challenge
    Business - Financial Times - October 17
  • Iran foreign minister visits Egypt as leaders try to contain regional war

    Iran foreign minister visits Egypt as leaders try to contain regional war

    Middle East officials step up diplomatic effort as Israel says it killed Hamas leader Yahya Sinwar in strike on Gaza
    Business - Financial Times - October 17

  • American Airlines lifts 2024 profit forecast after sales strategy shift, posts third-quarter loss

    American Airlines raised its profit forecast for the year as CEO Robert Isom said the company's sales strategy shift earlier this year is paying off.
    Business - CNBC - October 24

  • Hurricane Milton’s insured losses could reach $50 billion, says Verisk

    Data and technology company Verisk Analytics Inc. VRSK said Wednesday it estimates the insured losses to onshore property from Hurricane Milton could range from $30 billion to $50 billion.
    Business - MarketWatch - October 16

  • Starbucks shares slide after coffee chain says sales fell again, suspends outlook

    The company's same-store sales slid for the third consecutive quarter, fueled by a 10% tumble in traffic to its North American stores.
    Business - CNBC - October 23

  • This Watch Line Says It’s More a ‘Gathering’ Than a Brand

    ‘We’re just friends having fun, doing something that we would like for ourselves,’ one Kollokium founder said.
    Lifestyle - The New York Times - October 18

  • MicroStrategy, the largest corporate bitcoin holder, to raise more than $40 billion to buy more bitcoin

    The plan is to use the additional capital ‘to buy more bitcoin as a treasury reserve asset,’ the company says.
    Business - MarketWatch - Yesterday

  • Boeing raises greater-than-expected $21 billion from new stock sales

    Boeing said Tuesday that it will raise nearly $21 billion from a public offering of common stock and depositary shares — more than the roughly $19 billion that was initially mooted.
    Business - MarketWatch - 2 days ago
  • Washington Post loses more than 200,000 subscribers over endorsement outrage: Report

    Washington Post loses more than 200,000 subscribers over endorsement outrage: Report

    The Washington Post has lost more than 200,000 digital subscriptions since its decision not to endorse a candidate in this year's presidential election, according to a report by NPR citing two ...
    Politics - The Hill - 3 days ago

  • Coinbase drops 15% after earnings, posts worst day in more than two years

    Coinbase slid a day after reporting weak earnings and gave a tepid revenue outlook.
    Business - CNBC - 9 hours ago

  • Apple’s iPhone 16 is selling 20% faster in China than its predecessor, report says

    Chinese consumers had previously shown relatively little interest in the iPhone 15, which was criticized for a lack of new features
    Business - MarketWatch - October 18

  • Unilever Backs Outlook After Sales Growth

    The consumer goods giant reiterated its full-year guidance after underlying sales grew more than expected in the third quarter as shoppers welcomed easing price hikes and began buying more of the ...
    Business - The Wall Street Journal - October 24

  • U.S. Tech Firms to Invest More Than $8 Billion in U.K. Data Centers Amid AI Frenzy

    Surging AI demand has led to a combined investment of $8.23 billion in U.K. data centers from four American tech companies.
    Tech - The Wall Street Journal - October 14

  • Ingram Micro could be worth more than $5 billion in return to public markets

    Ingram Micro has set terms for its initial public offering, as the profitable California-based information-technology company is returning to the public market with a valuation could be move than ...
    Business - MarketWatch - October 15

  • AI Startup Perplexity in Funding Talks to More Than Double Valuation to $8 Billion

    The search-based chatbot is seeking to raise around $500 million in what would be its fourth funding round in a year.
    Tech - The Wall Street Journal - October 20

  • Kraft Heinz’s stock drops as sales volumes fall again, more than prices rise

    Kraft Heinz misses sales expectations again, as volumes keep falling, and the stock heads for a three-month low.
    Business - MarketWatch - Yesterday

  • Mattel Lowers Sales Outlook After Barbie Sales Weigh

    The toy company’s profit, however, is holding up due to stronger margins, helped by factors such as cost cuts, supply-chain improvements and lower input costs.
    Business - The Wall Street Journal - October 23
  • CNN polling guru says battleground state sweep ‘more likely than not’

    CNN polling guru says battleground state sweep ‘more likely than not’

    CNN polling guru Harry Enten said he believes a sweep of the main battleground states in the presidential election is “more likely than not,” even as polls show all seven of the big swing states ...
    Politics - The Hill - October 24
  • Microsoft Earnings Show Quarterly Revenue Is Up 16% to $65.6 Billion

    Microsoft Earnings Show Quarterly Revenue Is Up 16% to $65.6 Billion

    The company’s profit increased 11 percent to $24.7 billion, beating Wall Street’s expectations and its own predictions.
    Tech - The New York Times - Yesterday

  • FirstFT: Twin scandals hit PwC’s Asia profits

    Also in today’s newsletter, the fallout from the Madison Square Garden rally and what happened to Project 2025?
    World - Financial Times - 2 days ago

  • Texas Instruments earnings show some improvements, despite weak industrial sales

    Texas Instruments grew overall revenue on a sequential basis, though industrial sales still dropped sequentially.
    Business - MarketWatch - October 23

  • Salzgitter Cuts Outlook After Swing to Nine-Month Pretax Loss

    The German steel company slashed its outlook for the third time this year, adding that it expects to report a pretax loss for 2024 amid sustained economic weakness.
    Business - The Wall Street Journal - October 22
  • Early 2025 Shortstop Outlook: Zach Neto's improved plate discipline could make him a bargain Fantasy pick

    Early 2025 Shortstop Outlook: Zach Neto's improved plate discipline could make him a bargain Fantasy pick

    Chris Towers highlights why buying the dip on Bo Bichette makes a lot of sense
    Sports - CBS Sports - 2 days ago
  • LVMH shares down 7% after warning of ‘uncertain’ outlook

    LVMH shares down 7% after warning of ‘uncertain’ outlook

    World’s largest luxury group hit by pullback in Chinese consumer spending
    Business - Financial Times - October 16

  • Unilever reiterates 2024 outlook after third-quarter sales growth

    Unilever on Thursday reiterated its 2024 outlook after reporting underlying sales growth of 4.5% in the third quarter.
    Business - MarketWatch - October 24

  • Philips shares slide as company blames China for lowered sales outlook

    Shares of Philips slumped on Monday as the Dutch healthcare devices company lowered its sales outlook for the year.
    Business - MarketWatch - 3 days ago

  • Retail sales post solid gain in September, showing a continued strong economy

    Retail sales increased 0.4% in September, with strength in a broad range of categories that overcame weak gas and auto spending, the U.S. Commerce Department said Wednesday.
    Business - MarketWatch - October 17
  • NHS must improve productivity in return for extra money, Streeting says

    NHS must improve productivity in return for extra money, Streeting says

    Health secretary says he expects value for money for taxpayers after £25 billion cash injection.
    Top stories - BBC News - 13 hours ago
  • Harris, Trump and Allies Spend Over a Half-Billion Dollars in 16 Days

    Harris, Trump and Allies Spend Over a Half-Billion Dollars in 16 Days

    Donald Trump has now raised $1 billion since announcing his run for president. And he has Elon Musk’s $119 million. But Kamala Harris has a huge cash advantage.
    Top stories - The New York Times - October 25
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