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Intel Exec Exodus As CEO Lip-Bu Tan Slashes Workforce, Delays Ohio Chip Plant In Major Shake-Up: Report
Intel CEO Lip-Bu Tan is executing a sweeping overhaul of the company’s manufacturing strategy, slashing jobs, delaying key projects like the Ohio chip plant, and prompting the retirement of three senior executives as Intel struggles to regain its chipmaking edge. read more
Moderna Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Latest Ratings for MRNA Date Firm Action From To Mar 2022 Deutsche Bank Maintains Hold Feb 2022 Morgan Stanley Maintains Equal-Weight Feb 2022 SVB Leerink Maintains Underperform View More Analyst Ratings for MRNA View the Latest Analyst Ratings read more
Trump Slams Canada’s Palestine Recognition As Roadblock In Trade Deal—Signs Agreement With Pakistan That Doesn’t Even Recognize Israel
Trump criticized Canada for recognizing Palestine as a roadblock in a trade deal, but dealt with Pakistan, which doesn’t recognize Israel. read more
Elon Musk Donated $15 Million To Trump’s MAGA And GOP Just 3 Days Before His Third Party Bid
Elon Musk, the CEO of Tesla Inc. and SpaceX, donated $15 million to President Donald Trump and the Republican Party, days before he called for the formation of a third party. read more
Top Wall Street Forecasters Revamp Chevron Expectations Ahead Of Q2 Earnings
Latest Ratings for CVX Date Firm Action From To Mar 2022 Wells Fargo Maintains Overweight Mar 2022 JP Morgan Downgrades Neutral Underweight Mar 2022 JP Morgan Maintains Neutral View More Analyst Ratings for CVX View the Latest Analyst Ratings read more
SEC’s Project Crypto ‘Looks Awesome,’ Says Tim Draper As He Pushes For A Bitcoin-Only World With Blockchain Powering Accounting And Payroll
Venture capitalist Tim Draper envisioned a Bitcoin (CRYPTO: BTC) and blockchain-centric ecosystem, following the launch of the SEC’s “Project Crypto” initiative on Thursday. read more
Mark Cuban Says Cutting PBM Fees Won’t Reduce Pharmaceutical R&D Funding: ‘Manufacturers Can Sell To Us For More’
Mark Cuban challenges the idea that high drug prices are necessary for R&D, PBMs take away from profits, leaving less for innovation. read more
Reddit Skyrockets 18% After Hours As Q3 Outlook, Earnings Beat Spark Investor Frenzy
Reddit Inc. surged 17.82% in after-hours trading on Thursday after reporting second-quarter results that crushed Wall Street expectations and issued bullish third-quarter guidance. read more