Intel shares slumped 20% in extended trade after it announced sweeping job cuts and a suspension of its dividend.
Author: Agency Staff
Nvidia’s huge rally on Wednesday marks a new record one-day gain for any company on Wall Street.
CrowdStrike has been sued by shareholders who said the cybersecurity company defrauded them.
National treasury has said key priorities must include debt reduction and private investment in infrastructure.
Uber and BYD plan to roll out 100 000 new electric vehicles to the ride-hailing platform globally.
Investors are beginning to question whether Wall Street’s AI rally may have become overextended.
Intel plans to eliminate thousands of jobs to reduce costs and fund an ambitious turnaround effort.
Financial results this week will land in a market roiled by one of the quickest and sharpest rotations out of Big Tech in years.
A number of fibre-optic cables carrying broadband service across France were cut overnight on Monday.
Donald Trump told a bitcoin conference on Saturday that the US must dominate the crypto space, or China will.