FINANCE
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Stocks Hit by Tech Rout as War Jitters Lift Oil: Markets Wrap
(Bloomberg) — A selloff in some of the world’s largest technology companies dragged down stocks, extending a slide that was…
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This Telecom Giant Just Increased Its Dividend 35%, and It’s Promising Many More Double-Digit Raises to Come
The telecom industry is full of great dividend payers that consistently raise their payouts year after year. But one of…
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Stocks Falter While Havens Gain on Mideast Strife: Markets Wrap
(Bloomberg) — The persistent rally in stocks was knocked for a loop Tuesday as investors retreated to safer corners of…
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Assessing the Potential Risk and Reward
Super Micro Computer (SMCI) got off to an incredible start this year as shares more than quadrupled from January to…
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Breaking down Intel’s wild week
Intel (INTC) is in the midst of one of the most tumultuous periods in its 56-year history. Declining sales, missed…
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Apollo to Offer Multibillion-Dollar Investment in Intel
(Bloomberg) — Apollo Global Management Inc. has offered to make a multibillion-dollar investment in Intel Corp., according to people familiar…
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Nike names former executive Elliott Hill as CEO
Nike (NKE) named a new CEO Thursday, sending its stock up nearly 10% in after hours trading as the company…
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Intel to Make Custom AI Chip for Amazon, Delay German Plant
(Bloomberg) — Intel Corp. Chief Executive Officer Pat Gelsinger has landed Amazon.com Inc.’s AWS as a customer for the company’s…
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Stock Rotation Is Back on Bets Fed Will ‘Go Big’: Markets Wrap
(Bloomberg) — Wall Street traders revived prospects for a half-point Federal Reserve rate cut this month, driving stocks to their…
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Maduro Blows Through Venezuela’s Dollar Stockpile in New Threat to Regime
(Bloomberg) — Since declaring himself the winner of July’s presidential vote, Venezuela’s Nicolás Maduro has been condemned by governments across…
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