Intel CEO Pat Gelsinger speaks while showing silicon wafers during an event called AI Everywhere in New York, Thursday, Dec. 14, 2023. Seth Wenig | AP Intel’s long-awaited turnaround looks farther away than ever after the company reported dismal first-quarter earnings. Investors pushed the shares down 9% on Friday to their lowest level of the
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On Wednesday, April 24th, the Senate passed a TikTok bill. And Joe Biden signed it into law. The new law says that ByteDance, the company that founded and owns TikTok, must sell TikTok to an American purchaser within nine months or TikTok will be banished from the Apple and Google app stores and will no
In an aerial view, brand new Tesla cars sit parked in a lot at the Tesla Fremont Factory on April 24, 2024 in Fremont, California. Justin Sullivan | Getty Images Former Tesla executive Drew Baglino, who announced his resignation earlier this month, sold shares in the electric vehicle company worth around $181.5 million, according to
Microsoft shares rose as much as 5% in extended trading on Thursday after the software maker issued fiscal third-quarter results that outdid Wall Street’s expectations. Here’s how the company did in comparison with the consensus from LSEG: Earnings per share: $2.94 vs. $2.82 expected Revenue: $61.86 vs. $60.80 billion expected Microsoft’s total revenue grew 17%
Exterior view of the entrance to Merck headquarters on February 05, 2024 in Rahway, New Jersey. Spencer Platt | Getty Images Merck on Thursday reported first-quarter revenue and adjusted earnings that topped expectations as it posted strong sales of its blockbuster cancer drug Keytruda and vaccine products. The pharmaceutical giant also raised and narrowed its
Chipotle is launching Farmesa Fresh Eatery first at Kitchen United’s upcoming Santa Monica location. Source: Chipotle Mexican Grill Chipotle Mexican Grill is abandoning its Farmesa Fresh Eatery spinoff after partner Kitchen United closed its ghost kitchens. A little over a year ago, Chipotle announced the opening of its first Farmesa location at Kitchen United’s Santa
More than 3 million people with Medicare could be eligible for coverage of Wegovy now that the blockbuster weight loss drug is also approved in the U.S. for heart health, according to an analysis released Wednesday by health policy research organization KFF. But some eligible beneficiaries could still face out-of-pocket costs for the highly popular
Elon Musk, CEO of Tesla and owner of social media site X, formerly known as Twitter, attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition center in Paris, France, on June 16, 2023. Gonzalo Fuentes | Reuters Tesla reported a 9% drop in first-quarter revenue on Tuesday, the
The GM logo is seen on the facade of the General Motors headquarters in Detroit on March 16, 2021. Rebecca Cook | Reuters DETROIT — General Motors on Tuesday raised its 2024 guidance after beating Wall Street’s top- and bottom-line expectations for the first quarter. GM now expects adjusted earnings of $12.5 billion to $14.5
Sundar Pichai, chief executive officer of Alphabet Inc., during Stanford’s 2024 Business, Government, and Society forum in Stanford, California, US, on Wednesday, April 3, 2024. Justin Sullivan | Getty Images As tech’s behemoths get set to report earnings this week, they do so facing a mountain of drama. At Google, there have been protests and
Listen To ‘Hearts Up’ / Pre-Save ‘Hearts Up’ Hearts up in the air until there’s only love is exactly what Ashley Paul & Luv Foundation (UK) have created in this euphoric EDM banger ‘HEARTS UP‘. Following the huge success of the Amazon Music Movers & Shakers, Dance & Electronic New Release/Best Sellers No.1 and 700,000 Views on Youtube (in 2 weeks) with the
Maldives’ President Mohamed Muizzu casts his ballot during the country’s parliamentary election, in Male on April 21, 2024. The Maldives votes in a parliamentary election likely to test Muizzu’s tilt towards China and away from India, the luxury tourism hotspot’s traditional benefactor. Mohamed Afrah | Afp | Getty Images Maldives President Mohamed Muizzu’s ruling pro-China
When President Joe Biden unveiled the details of his Plan B for student loan forgiveness, he revealed that his hope to make some college free was not dead. “I also want to make community college tuition free so you don’t need loans at all,” Biden said after including free community college as part of his $7.3 trillion budget for
Former US President Donald Trump sits in the courtroom at Manhattan criminal court in New York, US, on Thursday, April 18, 2024. Jeenah Moon | Reuters Donald Trump on Saturday took to social media to deliver another tirade against the judge and the circumstances of his New York hush money trial, which wrapped up jury
Rep. Marjorie Taylor Greene, R-Ga., leaves the U.S. Capitol after filing a motion to vacate Speaker of the House Mike Johnson, R-La., from his post on Friday, March 22, 2024. Tom Williams | CQ-Roll Call, Inc. | Getty Images Rep. Marjorie Taylor Greene says she will let her fellow House Republicans hear from their constituents
Kelcey Smith displays UAW buttons in Chattanooga, Tennessee on April 10, 2024. Kevin Wurm | The Washington Post | Getty Images Volkswagen workers in Chattanooga, Tennessee, have overwhelmingly voted to join the United Auto Workers — marking a major milestone for the union and its first successful organizing drive of an automaker outside of Detroit’s
A Florida man set himself on fire Friday outside of the New York courthouse where a jury was being picked for the criminal hush money trial of former President Donald Trump. The man, identified by police as Max Azzarello, was taken to the Cornell Burn Center at New York Presbyterian Hospital, where he was in
We have reached a dire moment. At 2 am Sunday morning, March 14, Iran launched a swarm of between 300 and 350 suicide drones, ballistic missiles, and cruise missiles at Israel. Israel’s Stunner missiles, Arrow missiles, and Iron Dome missiles, with help from the French and Americans, knocked 99% of these weapons out of the sky.
Passengers queue at a flight connection desk at the Dubai International Airport in Dubai on April 17, 2024. Afp | Getty Images The CEO of Dubai Airports said Friday that he expects services to return “close to normality” within 24 hours after the major transit hub was hit by unprecedented flooding. The United Arab Emirates
The best way to get investors to stop focusing on something is to stop telling them at all. Netflix said Thursday it will no longer report quarterly membership numbers and average revenue per membership starting in the first quarter of 2025. This is a significant change for the company and for the so-called “streaming wars,”
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