Why Intel’s stock is on track for a historic surge after earnings

Intel shares could see their best post-earnings performance on record and finally surpass their 2000 closing high amid a “CPU ...

This part of Intel's business quietly doubled relative to a year before

Intel is best known for making central processing units. But it also makes "purpose-built silicon" in the form of application-specific integrated circuits. The ASIC business doubled relative to a year ...

Tech Down as ServiceNow Earnings Weigh -- Tech Roundup

Business software maker ServiceNow warned that delayed closings of several large on-premise deals in the Middle East due to the war in Iran weighed on its earnings. Other software makers such as ...

IBM, Salesforce share losses lead Dow's 312-point fall

The Dow Jones Industrial Average is declining Thursday afternoon with shares of IBM and Salesforce facing the biggest setback for the blue-chip average. Shares of IBM Internationa ...

Mobileye’s robotaxi ambitions have ‘progressed significantly,’ and the stock surges

Mobileye Global is touting its robotaxi advancements after the autonomous vehicle technology company saw a ...

Nike is cutting 1,400 more jobs — and the company’s shake-up is not done yet

Nike on Thursday said it would cut around 1,400 jobs in its global operations, the latest efforts to shrink staff as the ...

AMD and Arm shares pop after Intel's results

Shares of Advanced Micro Devices and Arm Holdings were climbing more than 6% in after-hours trading, riding the momentum of Intel's earnings report. Intel pointed to surging demand for its CPUs as a ...

Intel isn't sweating the budding threat posed by Arm

Intel CEO Lip-Bu Tan is a big fan of Arm Holdings CEO Rene Haas. But he thinks Intel will be competitive even as Arm gets into the business of selling central processing units itself. "I think we have ...

Sallie Mae Lifts 2026 Guidance After 1Q Profit Rises

Sallie Mae lifted its full-year outlook for profitability after reporting a rise in its bottom line during the first quarter.

Intel shows serious improvement in its gross margins

Intel vastly exceeded its gross-margin guidance for the first quarter while showing meaningful improvement on this measure of profitability. The company posted a 41% adjusted gross margin for the ...

Duke Energy Gets 20-Year Extension for Nuclear Plant

Duke Energy received a renewed operating license from regulators for its nuclear plant in South Carolina for an additional 20 years, extending the plant's operations until 2050.

Morgan Stanley Launches Reserves Portfolio for Stablecoin Issuers

Morgan Stanley Investment Management launched a Stablecoin Reserves Portfolio to help stablecoin issuers align with a new federal law laying out a framework for stablecoin regulation.