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Intel makes another painful move in one of its key businesses

Intel makes another painful move in one of its key businesses

I have seen this painful chapter before in Intel's Artificial Intelligence (AI) story: cutting 40% of your global workforce, halting factories in Germany and Poland, shutting down your automotive chip division, flattening management from 12 layers to six. None of those is comfortable. But it's what ...

Intel results to test if AI-fueled rally has room to run

Intel results to test if AI-fueled rally has room to run

July 22 (Reuters) - Intel's results on Thursday will show whether the American chip icon has the numbers to back a Wall Street rally that has sent its shares nearly three times higher this year, as its turnaround push wins over investors and the AI buildout powers demand.

Chip Stocks Surge as SK hynix and Micron Lead AI-Fueled Rally

Chip Stocks Surge as SK hynix and Micron Lead AI-Fueled Rally

Chip Stocks Surge as SK hynix and Micron Lead AI-Fueled Rally

U.S. Stocks Set to Open Higher as Chipmakers Rebound, Earnings Season in Focus

U.S. Stocks Set to Open Higher as Chipmakers Rebound, Earnings Season in Focus

U.S. Stocks Set to Open Higher as Chipmakers Rebound, Earnings Season in Focus

Wall St futures gain on Iran ceasefire hopes; earnings in focus

Wall St futures gain on Iran ceasefire hopes; earnings in focus

July 21 (Reuters) - U.S. stock index futures rose on Tuesday as renewed mediation efforts in the Middle East lifted sentiment, while investors looked ahead to corporate earnings that could prove pivotal for the AI market as it navigates ongoing pressures.

Asian stocks rise as Mideast mediation takes oil lower

Asian stocks rise as Mideast mediation takes oil lower

By Ankur Banerjee SINGAPORE, July 21 (Reuters) - Asian stocks gained on Tuesday as mediation efforts in the Middle East pushed oil prices away from a one-month high, while investors braced for a slate of corporate earnings that will test an under pressure AI trade.

Coca-Cola's Fairlife Halts U.S. Production After Cybersecurity Breach

Coca-Cola's Fairlife Halts U.S. Production After Cybersecurity Breach

Coca-Cola's Fairlife Halts U.S. Production After Cybersecurity Breach

Chipmakers head for big profit gains, but will it be enough?

Chipmakers head for big profit gains, but will it be enough?

By Caroline Valetkevitch NEW YORK, July 20 (Reuters) - Chipmakers are in focus on Wall Street, with their shares turning mercurial this month and investors banking on a few dozen newly valuable companies to deliver nearly half of S&P 500 profit growth for the second quarter.

Tesla, Alphabet, Intel, GM: Key Earnings to Watch This Week

Tesla, Alphabet, Intel, GM: Key Earnings to Watch This Week

Tesla, Alphabet, Intel, GM: Key Earnings to Watch This Week

Big Tech Earnings and Economic Indicators Signal Potential Market Shifts

Big Tech Earnings and Economic Indicators Signal Potential Market Shifts

Big Tech Earnings and Economic Indicators Signal Potential Market Shifts

Wall Street Awaits Key Earnings from Alphabet, Intel, and Tesla

Wall Street Awaits Key Earnings from Alphabet, Intel, and Tesla

Wall Street Awaits Key Earnings from Alphabet, Intel, and Tesla

Morning Bid: The most violent ceasefire

Morning Bid: The most violent ceasefire

By Mike Dolan What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets With TV screens dominated by all the hoopla surrounding Spain’s World Cup victory this weekend, some may have failed to notice that the Iran conflict appears to have descended into a full-