
Intel to Cut Thousands of Jobs as PC Demand Stutters
Intel’s current business headwinds are surpassing its short-term growth projections as the firm recently lobbied for a $52 billion chip-stimulus bill this year.
Intel’s current business headwinds are surpassing its short-term growth projections as the firm recently lobbied for a $52 billion chip-stimulus bill this year.
Investors are generally exercising caution ahead of the PPI and CPI data release and this conservative stance is reflected in the closing performance of the tech-heavy Nasdaq Composite.
Meta has announced the new Quest Pro VR headset with several improvements over the Quest 2. The new headset will sell at $1,500.
The S&P and Nasdaq Composite reversed earlier gains to end Tuesday’s session in a loss, as the Fed readies key inflation report.
The SEC noted that WisdomTree’s proposal failed to meet sufficient conditions of investor protection, fraud prevention, and price manipulation in the spot Bitcoin market.
The announcement of a leadership transition at Five9 saw the company’s shares substantially decline ahead of its Q3 earnings report.
JPMorgan chief Jamie Dimon expects the S&P 500 to correct another 20% in six to nine months from now.
Besides Twitter, other social media platforms also banned the President, as they claimed his comments are divisive and do not align with their core policies.
Per the data published, there was a mix of growth and slumps in the job market per data from different sectors of the economy.
MakerDAO has joined hands with an asset advisory firm called Monetalis which will be assisting them in the allocation of funds across short-term US treasury bonds and investment-grade corporate bonds.
The EU Commission is seeking to know as to how Microsoft will gain a competitive edge over other small players with its Activision acquisition. It seeks to know how it could impact the gaming market going ahead.
After the successful IPO, the market valuation of the European automaker soared to about 84 billion euros.
Amidst the plunging share price levels and growing Credit Default Swap (CDS), the firm is still maintaining the outlook that it got its business covered.
Analysts at Wells Fargo recently made a bearish call on Silvergate shares, downgrading it from overweight to underweight.
Twitter has refused to Musk’s proposal calling it an “invitation to further mischief and delay” in closing the deal.