Intel continues to slim down by selling Arm shares
Recently, Intel CEO Pat Gelsinger announced major cost-cutting measures, with spending set to be cut by $10 billion by 2025 and 15,000 jobs cut. The company also withdrew from Arm, in which it held shares worth $146.7 million. This is…
Why Intel shares continued to fall today
According to a Wall Street Journal which appeared in the printing press this morning, Intel (NASDAQ:INTC) The stock is “too big to fail.” Given today’s trading results, investors are not so sure. Shares of the former semiconductor king lost two…
Apple is researching smart glasses and working on Vision Pro updates
A cheaper and lighter “Apple Vision” product could hit the market sometime in 2025. Although the Apple Vision Pro is said to have had poor sales among consumers, Apple is currently working on both a cheaper version and a second-generation…
Intel shares are down 60% this year – are they a bargain?
Intel (NASDAQ:INTC) had already endured a difficult year before it reported its results last week. When those numbers were released, the stock’s free fall went even deeper. Now, the technology company’s shares have fallen more than 60% year-to-date. The stock…
Apple plans to create public wetland in Waukee, Iowa
Apple’s concept plan for the first of its two data centers in Waukee, Iowa. Apple has applied to the city of Waukee in the US state of Iowa, just west of Des Moines, to convert part of the land around…
Apple Watch heart alarms saved tech veteran Peter Moore’s life
Tech and sports manager Peter Moore is healthy and happy thanks to his Apple Watch. Last updated 58 seconds ago Veteran tech executive Peter Moore credits his Apple Watch with an alarm that ultimately saved his life and led to…
Get ready! Intel’s stock price plunges to 10-year lows and faces the worst day on Wall Street in half a century
Get ready! Intel’s stock price plunges to 10-year lows and faces the worst day on Wall Street in half a century Intel shares fell 26% to $21.48, the lowest share price since 2013, putting the market capitalization below the $100…
Why Intel shares fell again today
Intel (NASDAQ:INTC) The stock fell again in Friday trading. According to data from S&P Global Market Intelligence, the company’s share price ended the day’s trading down 3.8 percent. The stock has fallen sharply of late and its valuation took another…
Rally by Nvidia, Intel, Tesla and other US technology stocks pushes Nasdaq up 3%
The U.S. stock market rallied on Thursday after a better-than-expected unemployment report eased concerns about the slowing economy. A rise in Nvidia, Apple, Telsa, Intel and other major technology stocks led the Nasdaq to rise nearly 3%. The Dow Jones…
