Intel converts foundry business into subsidiary and considers external financing
Intel CEO Pat Gelsinger holds a wafer sample during his keynote speech at the Computex conference in Taipei on June 4, 2024. AFP | Getty Images Intel Shares rose 8% in extended trading on Monday after the company announced it…
Amazon boss promises leaner teams despite bloated workforce and ends home office
(Bloomberg) — Amazon.com Inc. (AMZN) CEO Andy Jassy is planning to streamline the world’s largest online retailer and cloud computing company by cutting management layers and ordering employees to return to the office five days a week starting in January….
Amazon raises pay for delivery drivers amid growing union pressure
An aerial photo shows Amazon delivery trucks outside an Amazon distribution center in Richmond, California on July 16, 2024. Justin Sullivan | Amazon to raise the national average wage for contracted delivery drivers from $20.50 to about $22 an hour,…
Oracle (ORCL) Q1 2025 Earnings Report
Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco on October 1, 2017. David Paul Morris | Bloomberg | oracle Shares rose 9% in extended trading on Monday after the database…
Jim Cramer’s Top 10 Things to Watch on Tuesday in the Stock Market
My top 10 things to watch for on Tuesday, September 3rd: 1. Wall Street is expected to start the holiday-shortened trading week with a decline. Jobs data will be a key driver in the days ahead. The August nonfarm payrolls…
The Dow Jones’ best-performing dividend stock has risen by over 43% since the beginning of the year. Is there still room for improvement?
The Dow Jones Industrial Average contains 30 components, most of which are stable, dividend-paying blue chip companies. Although they are not known for steep growth rates, even value-oriented Dow stocks can offer positive surprises. Walmart(NYSE: WMT) has risen an incredible…
Nvidia shares could fall 20 percent if major technology companies signal this change, says fund manager
Nvidia currently enjoys a number of advantages, including strong pricing power thanks to high demand for its chips and a tight supply that helps the company enjoy gross profit margins of over 70%. That could all change, according to an…
On the eve of Nvidia earnings, Cramer explains the value of the megacap
The day before the powerhouse for artificial intelligence NVIDIA Just before the earnings announcement, CNBC’s Jim Cramer reminded investors why he believes the stock has intrinsic value, saying it cannot be judged based on a single quarter’s results. “When you…
According to Jim Cramer, the stocks of the big technology companies have not yet reached their bottom
CNBC’s Jim Cramer reviewed Monday’s highs and lows and told investors that weakness in the technology sector was not yet sufficient reason to buy. “There’s going to be a lot more weakness on the Nasdaq at that point, so please…
Senior Vice President David Zapolsky sells 9,490 shares of Amazon.com Inc (AMZN)
On August 21, 2024, David Zapolsky, Senior Vice President at Amazon.com Inc (NASDAQ:AMZN), sold 9,490 shares of the company. The transaction was documented in a recent SEC filing. After this sale, the insider now owns 64,610 shares of Amazon.com Inc….
