Gasoline prices have been on a downward trend as oil prices decline and gasoline futures (RB=F) approach three-year lows. The national average at the pump on Wednesday sat near six-month …
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Is Verizon Communications (NYSE: VZ) about to open its wallet for a massive new acquisition? That was the scuttlebutt on the stock market Wednesday, and on potential news that the …
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Intel manufacturing business will see ‘meaningful’ revenue in 2027, CFO says
by skolnesBy Max A. Cherney (Reuters) – Intel will begin to generate a “meaningful” amount of revenue from its contract chip manufacturing business in 2027, the company’s CFO said at an …
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Shares of Super Micro Computer (NASDAQ: SMCI) fell 37.6% in August, according to data from S&P Global Market Intelligence. The server systems builder took two heavy hits last month, and …
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(Bloomberg) — Verizon Communications Inc. is in advanced talks to acquire rival telecommunications operator Frontier Communications Parent Inc., according to a person familiar with the negotiations. Most Read from Bloomberg …
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Intel Stock Drops Further as Silicon Wafers Reportedly Fail Broadcom Tests
by skolnesDavid Paul Morris / Bloomberg via Getty Images Key Takeaways Intel shares fell further Wednesday amid a broader selloff of chip stocks, as the company’s contract manufacturing business got another …
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US stocks recovered some losses on Wednesday morning, coming off a steep sell-off fueled by worries about economic growth and the artificial intelligence trade amid a slide in Nvidia (NVDA) …
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How Rich Are You? Here’s The Net Worth That Defines Upper, Middle, and Lower Class
by skolnesHow Rich Are You? Here’s The Net Worth That Defines Upper, Middle, and Lower Class You’ve heard the terms “upper class,” “middle class,” and “lower class” tossed around in conversations …
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US Steel CEO Warns of Plant Closings, HQ Move if Nippon Steel Deal Fails
by skolnesDaniel Acker / Bloomberg via Getty Images U.S. Steel CEO David Burritt CEO in 2018. Key Takeaways U.S. Steel’s CEO said the company would have to close plants and might …
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US tech stocks extended losses on Wednesday morning, coming off a steep sell-off fueled by worries about economic growth and the AI trade amid a slide in Nvidia (NVDA) shares. …