According to the latest Labor Department data, weekly jobless claims fell to 219,000 compared with expectations of 223,000.
Tech stocks are having their biggest year in decades, with 2024 turning into a profit carnival for companies tied to ...
Some of these investors say they are laying a foundation, however risky, to attain traditional goals, such as saving for ...
This week, investors will see a diverse range of earnings reports from tech, meme stock ... Shares of Intel (INTC) jumped 5% as the company announced Monday that CEO Pat Gelsinger is retiring ...
Intel CEO exits with the future of the key Oregon ... supplanted by AI kingpin Nvidia. Intel's struggles put a second part of Gelsinger's strategy, an expensive buildout of its chipmaking capacity ...
With Gelsinger out, Intel’s chief financial officer, David Zinsner, and Intel Products CEO, Michelle Johnston Holthaus, will temporarily serve as co-CEOs while the board searches for a new leader.
Intel’s chief executive officer retired effective immediately ... while fellow American chipmaker Nvidia skyrocketed more than 900%. Intel’s extended stock market struggles notably came ...
Intel CEO Pat Gelsinger stepped down on Sunday, the company said Monday. The company has struggled in recent years to keep up with rivals like Nvidia in the chip race. Intel's share price was up ...
Intel is in a shake-up. Its next leaders will have to take on the challenges of catching up in the AI race and navigating Donald Trump.
Serial technology CEO ... like Nvidia, which has seized the leadership in AI chips, and TSMC, which has become the dominant force in chip manufacturing. To make matters worse, Intel was removed ...