UncategorizedBuying 100,000 Teslas continues to haunt Hertz fwadmin / August 2, 2024 Under new CEO Gil West, Hertz is trying to unwind the Tesla debacle by selling off the vehicles at a loss.
UncategorizedIntel to cut 15% of workforce, reports quarterly guidance miss fwadmin / August 2, 2024 Intel will say goodbye to 15,000 employees, cut capital expenditures and forgo a fourth-quarter dividend following weak results and quarterly guidance.
UncategorizedIntel shares fall 20% on plans to cut 15,000 jobs fwadmin / August 2, 2024 US chipmaker says it will also reduce capital spending as its turnaround strategy hits another setback
UncategorizedAmazon has spent a staggering $30 billion in capital expenditures so far this year, with plans to increase fwadmin / August 2, 2024 The cloud computing unit, whose customers are mostly businesses, has been attempting to lure in more customers with a service called Amazon Bedrock.
UncategorizedAmazon earnings jump on cloud computing strength but margins narrow fwadmin / August 2, 2024 Shares slip nearly 8% after surge in crucial infrastructure investments exceed net income during the quarter
UncategorizedApple revenues rise on strong services business and iPad sales fwadmin / August 2, 2024 Company bullish on iPhone upgrades from AI products even as it confronts China slowdown and fall in smartphone purchases
UncategorizedAsian stocks slump on growth concerns; Nikkei hits 6-mth low in post-BOJ rout fwadmin / August 2, 2024
UncategorizedIran and Israel’s choreography of death must stop fwadmin / August 2, 2024 This time retaliation is likely to come on multiple fronts and it will be harder to intercept and contain
UncategorizedIsrael’s spies take their revenge fwadmin / August 2, 2024 After the humiliation of October 7, intelligence services are hitting back where their enemies feel safest
UncategorizedAustralia says serious failures by Israel military led to aid workers’ deaths fwadmin / August 2, 2024