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.
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.
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.
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.
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.
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.
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.
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
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.
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.