Intel’s new CEO, Lip-Bu Tan, announced changes to the company’s work policies and workforce size in a letter to employees. Starting September 1, hybrid employees will be required […]
S&P 500 Futures Rise Amid Positive Market Sentiment and Earnings Reports
S&P 500 futures experienced an increase on Thursday evening, following Wall Street’s third consecutive day of gains and strong quarterly results from Alphabet. Futures linked to the S&P […]
Intel Provides Cautionary Forecast Amid Trade Tensions
Intel’s CEO, Pat Gelsinger, discussed trade tensions and restructuring plans during a recent investor call. The company provided a cautious forecast due to uncertainties in global trade policies, […]
The Real Winners of the Trump Memecoin Feeding Frenzy
The team behind the Donald Trump memecoin created a trading frenzy by announcing that top holders would be invited to a gala dinner with the US president. The […]
Boeing CEO Considers Halting Shipments to China Amid Trade Tensions
Former President Donald Trump has criticized China over its refusal to accept Boeing aircraft, suggesting the company should consider defaulting on its obligations. Current Boeing CEO has stated […]
Southwest CEO Claims US Airline Industry Faces Recession-Like Conditions
The CEO of Southwest Airlines Co. has stated that he believes the US airline industry is already experiencing a recession. Bob Jordan noted a significant drop in demand […]
Elon Musk Faces Unexpected Costs: Firing Employees Also Comes With a Price
Elon Musk may have overlooked a significant financial aspect when restructuring his companies: the cost of firing workers. Terminating employees involves severance packages, legal fees, and potential damage […]
Weekly mortgage demand drops significantly as interest rates reach a two-month high
Mortgage demand has experienced a sharp decline due to higher interest rates and economic uncertainty. According to the Mortgage Bankers Association’s seasonally adjusted index, total mortgage application volume […]
Intel Reports First-Quarter 2025 Financial Results
Intel Corporation has announced its first-quarter 2025 financial results, reporting revenue of $12.7 billion, flat year-over-year. The company reported a GAAP loss per share of $(0.19), while non-GAAP […]
Georgia Pastor Calls for Expanded Boycott Against Target
A Georgia pastor, who previously led a 40-day fast protesting Target’s decision to drop its Diversity, Equity, and Inclusion (DEI) commitment, is now advocating for an expanded boycott […]