UncategorizedIntel stock jumps on plan to turn foundry business into subsidiary and allow for outside funding fwadmin / September 17, 2024 Intel said it’s turning its foundry business into an independent unit with its own board and the potential to raise outside capital.
UncategorizedThe Bank of Japan’s next rate hike may come in December, not this week: CNBC survey fwadmin / September 17, 2024 CNBC surveyed economists, FX strategists and Japan-focused fund managers on their BOJ expectations and year-end forecast for the yen.
UncategorizedAmazon tells employees to return to office five days a week fwadmin / September 17, 2024 Amazon CEO Andy Jassy is instructing corporate staffers to work out of the office five days a week.
UncategorizedCooling needs and more: Jefferies names global stocks to buy driven by AI data center demand fwadmin / September 17, 2024 AI data centers are growing fast, as is the demand for them — and that’s set to drive up the demand for products such as cooling systems.
UncategorizedChipotle unveils team of robots that will make your food fwadmin / September 17, 2024 Chipotle’s former CEO promised generous portions following customer complaints of skimpy scoops.
UncategorizedStarbucks CEO creates new role to help revive coffeehouse vibe fwadmin / September 17, 2024 The new role will oversee product, marketing, digital, customer insights, creative and store concepts.
UncategorizedLarry Ellison and Elon Musk ‘begged’ Nvidia’s Jensen Huang for more GPUs over a fancy sushi dinner fwadmin / September 17, 2024 “Please take our money.” That’s how Oracle’s executive chairman summarized the evening the trio dined at Nobu.
UncategorizedBoeing considers temporary layoffs to save cash during strike fwadmin / September 17, 2024 Boeing says it’s considering temporary layoffs to save cash during the strike by machinists
UncategorizedMicrosoft announces $60 billion stock buyback and 10% dividend increase fwadmin / September 17, 2024 The software company said shareholders as of Nov. 21 will receive a quarterly dividend of 83 cents a share, compared with the current 75 cents.
UncategorizedAsia-Pacific markets trade mixed as investors look ahead to Fed meeting fwadmin / September 17, 2024 Investors in Asia will also look toward the Fed meeting beginning Tuesday stateside as markets debate the size of the central bank’s expected rate cut.