Intel has struggled to keep pace with rival chipmakers Nvidia and AMD, which are benefiting from the AI boom.
Schlagwort-Archiv: Markets
Levi Strauss plans to cut at least 10% of its global corporate workforce in restructuring
Levi’s announced the layoffs as the apparel retailer reported fourth-quarter earnings.
SEC to vote today on tough new rules for blank-check ‚SPAC‘ companies
Watch: ECB President Christine Lagarde speaks after rate decision
European Central Bank President Christine Lagarde is giving a press conference following the bank’s latest monetary policy decision.
China is ramping up stimulus to boost market confidence — but is it enough?
There are rising expectations for more support from China to boost its economy and stock markets — especially after the PBOC’s easing announcements on Wednesday.
Southwest Airlines takes Boeing Max 7 out of 2024 plans because of certification delays
Southwest is the latest airline to remove a yet-to-be certified Boeing Max model from its plans.
Comcast tops revenue and profit estimates despite broadband subscriber losses, raises dividend by 7%
Comcast beat earnings estimates and raised its dividend by 7% as broadband subscribers fell less than analysts expected.
Alaska Airlines says Boeing 737 Max 9 grounding will cost it $150 million
Alaska said the first Max 9 flights would resume as early as Friday and that it would gradually return the aircraft to service through early February.
Nokia jumps 8% as it announces $653 million share buyback program, warns of challenging 2024
Nokia on Thursday said that it will begin a 600 million euro ($653 million) share buyback this quarter after it reported that its profit plunged in 2023.
Tesla shares drop 6% on weak auto revenue, warning of slower growth in 2024
Tesla reported earnings after the bell. Here are the results.