Lip-Bu Tan, CEO of Intel Corp., departs following a meeting at the White House in Washington, Aug. 11, 2025. Alex Wroblewski | Bloomberg | Getty Images Intel reported first-quarter earnings Thursday that blew past Wall Street’s expectations, as the struggling chipmaker shows signs of a revival. Shares of the U.S. chipmaker jumped 19% in after-hours…
The U.S. and Iran seized commercial ships from the Persian Gulf to the Indian Ocean this week, as they compete for control of the Strait of Hormuz during the ceasefire agreement. Brent oil, the international benchmark, has risen above $100 per barrel again as tanker traffic through the strait remains at a near standstill. Two…
In this handout photo provided by U.S. Central Command, U.S. forces patrol the Arabian Sea near M/V Touska on April 20, 2026, after firing upon the Iranian-flagged vessel that the U.S. accused of attempting to violate the U.S. naval blockade of Iranian ports near the Strait of Hormuz. U.S. Navy | Getty Images President Donald…
TIANJIN, CHINA – SEPTEMBER 01: Indian Prime Minister Narendra Modi talks with Russian President Vladimir Putin(L) and Chinese President Xi jinping ahead of the Shanghai Cooperation Organization (SCO) Summit 2025 at the Meijiang Convention and Exhibition Centre on September 1, 2025 in Tianjin, China. (Photo by Suo Takekuma – Pool/Getty Images) Pool | Getty Images…
Canada’s former Prime Minister Justin Trudeau said at CNBC’s CONVERGE LIVE in Singapore Thursday that international financial institutions were “spectacularly ill-adjusted” to respond to modern-day issues. “You can look to different places around the world to realize that those institutions, whether it was the WTO or the IMF or what have you, aren’t necessarily fit…
South Korean memory chip giant SK Hynix posted yet another quarter of record profit and revenue on Thursday, as prices for its products continue to surge amid strong AI demand. While its earnings were broadly in line with estimates, revenue missed forecasts. Here are SK Hynix’s first-quarter results versus LSEG smart estimates, which are weighted toward…
Bill McDermott, CEO of ServiceNow Inc., during the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, July 10, 2025. David Paul Morris | Bloomberg | Getty Images ServiceNow reported first-quarter results on Wednesday that narrowly beat Wall Street’s estimates as the software company said the conflict in the Middle East dragged on…
Investing.com – Morgan Stanley lowered its price target on Danaher Corp. shares to $255 from $270 while keeping an Overweight rating on the stock. Shares currently trade at $187.44, near their 52-week low of $180.03. Analyst Kallum Titchmarsh made the adjustment following the company’s first-quarter 2026 results and updated guidance. The firm made modest changes…
Boeing reported a smaller-than-expected loss for the first quarter, with improvements across its businesses, including its key commercial aircraft unit, as the manufacturer tries to stem years of losses. Here’s how Boeing performed in the first quarter, compared with analysts’ estimates compiled by LSEG: Loss per share: 20 cents adjusted vs. a loss of 83 cents expectedRevenue: $22.22…
Investing.com — shares fell more than 3% on Wednesday after Bloomberg News on Tuesday reported the German telecoms giant is exploring a full combination with its U.S. unit in what could rank as the largest public M&A deal on record. Deutsche Telekom has been in talks about creating a new holding company that would make…
