Intel Corp
Stocks making the biggest moves midday: Super Micro Computer, Tesla, Intel, Stellantis and more
Check out the companies making headlines in midday trading: Super Micro Computer — Shares advanced more than 30% after a special committee said it found “no evidence of misconduct” on the part of the artificial intelligence server maker. Intel — The chipmaker gained 4% following the retirement of CEO Pat Gelsinger . Executives said David […]
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Intel CEO Pat Gelsinger is out, stock up 5%
Intel CEO Pat Gelsinger delivers a speech at Taipei Nangang Exhibition Center during Computex 2024, in Taipei on June 4, 2024. I-Hwa Cheng | AFP | Getty Images Intel announced Monday that CEO Pat Gelsinger had retired from the company effective Dec. 1, capping a tumultuous nearly four-year leadership tenure at what was once America’s […]
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Stocks making the biggest moves premarket: Gap, Tesla, Stellantis and more
Check out the companies making headlines before the bell. Gap — The clothing retail stock jumped 4.7% after JPMorgan upgraded shares to overweight. The firm cited a strong start to the holiday shopping season and a multi-year growth outlook. Stellantis – Shares sank 9% after CEO Carlos Tavares stepped down from his role at the […]
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Generative AI’s hype has yet to lead to a must-have gadget for the holiday season
Ray-Ban Meta smart glasses Meta Shoppers looking for gadgets and gizmos powered by generative AI technology to gift to their loved ones won’t have many options to choose from this holiday season. Generative artificial intelligence has taken Silicon Valley by storm since the launch of OpenAI’s ChatGPT chatbot in November 2022. Although startups have raised […]
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CNBC Daily Open: Investors really like Trump’s Treasury secretary pick
Scott Bessent, founder and chief executive officer of Key Square Group LP, during an interview in Washington, DC, US, on Friday, June 7, 2024. Stefani Reynolds | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need […]
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Stocks making the biggest moves midday: Bath & Body Works, Robinhood, Macy’s and more
Check out the companies making headlines in midday trading: Bath & Body Works — The Ohio-based personal care company climbed more than 16%, on pace for its best day since November 2022. The retailer raised its forecast for full-year adjusted profit and said it expects a smaller drop in annual sales, boosted by solid demand for […]
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Intel and Commerce Department close to finalizing roughly $8 billion CHIPS Act grant, source says
Intel CEO Patrick Gelsinger speaks prior to President Joe Biden’s remarks at Intel Ocotillo Campus on March 20, 2024 in Chandler, Arizona. Rebecca Noble | Getty Images Chipmaker Intel and the CHIPS Act Office are close to finalizing a deal which would award the company a roughly $8 billion grant, according to a person familiar […]
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Microsoft is finally testing its Recall photographic memory search feature. It’s not perfect
Microsoft’s Recall feature is available for testing for people with Copilot+ PCs containing Qualcomm Snapdragon chips. Jordan Novet | CNBC Microsoft on Friday started letting people test Recall, its so-called photographic memory search feature for the latest Copilot+ PCs. It doesn’t work perfectly, based on an initial evaluation. It’s also a long time coming. Microsoft first […]
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Stocks gyrate as Nvidia gives up opening gain: Live updates
Traders work on the floor of the New York Stock Exchange during morning trading on Oct. 8, 2024. Michael M. Santiago | Getty Images Stocks seesawed in early trading Thursday as Nvidia gyrated following the release of its latest quarterly results. The Dow Jones Industrial Average added 95 points, or 0.2%. The S&P 500 dipped […]
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Nvidia shares slump 3% in premarket as quarterly revenue growth slows
POLAND – 2024/11/13: In this photo illustration, the NVIDIA company logo is seen displayed on a smartphone screen. (Photo Illustration by Piotr Swat/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Nvidia shares dropped in U.S. premarket trading Thursday after the tech giant’s third-quarter earnings failed to impress investors. Shares of the […]
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