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ASML Rises 7% on Export Waiver; Intel Plans Layoffs, HSBC $3B Buyback Announced, and More

ASML Holding NV (NASDAQ:ASML) – Semiconductor stocks rose globally after news that the US will exempt chipmakers in Japan, the Netherlands, and South Korea from new export restrictions...

Form SC 13G/A - Statement of Beneficial Ownership by Certain Investors: [Amend]

Intel Names Naga Chandrasekaran to Lead Foundry Manufacturing and Supply Chain

Dr. Chandrasekaran succeeds retiring Keyvan Esfarjani as chief global operations officer Intel Corporation today announced the appointment of Dr. Naga Chandrasekaran as chief global operations...

From Athletes to GenAI Developers: Intel Tackles Real-World Challenges with AI Systems

Intel empowers GenAI developers and athletes around the globe with open and accessible AI systems. What’s New: Today, Intel shares exciting details on its collaboration with the International...

Darden Acquires Chuy’s for $605M, BYND Drops 14% Amid Debt Restructuring, Petco Appoints Ex-Five Below CEO

Darden Restaurants (NYSE:DRI) – Darden Restaurants, owner of Olive Garden, agreed to acquire Chuy’s Holdings for $605 million in an all-cash deal. The purchase will add 101 Chuy’s...

Intel Launches Its First US Apprenticeship for Manufacturing Facility Technicians

The program will train facility technician apprentices over the next five years in Arizona. What’s New: Intel is launching its first U.S. registered apprenticeship program for manufacturing...

Ericsson Reports 14% Profit Increase, UBS Downgrades Tesla Shares, Ozempic Linked to Reduced Dementia Risk

Ericsson AB (NASDAQ:ERIC) – Ericsson AB exceeded analysts’ expectations in the second quarter, benefiting from cost-cutting measures amid a challenging market. The Swedish company...

Intel to Report Second-Quarter 2024 Financial Results

Intel Corporation today announced that it will report second-quarter 2024 financial results on Thursday, Aug. 1, 2024, promptly after close of market. Intel will then hold an earnings conference...

Microsoft and Apple Exit OpenAI Board, TSMC Exceeds Forecasts with Record Revenue, and Other Key Updates

OpenAI, Microsoft (NASDAQ:MSFT), Apple (NASDAQ:AAPL) – Microsoft has given up its observer seat on OpenAI’s board, which has attracted regulatory attention in Europe and the US...

BP Slashes Profit Forecast by $700 Million; Morgan Stanley Predicts S&P 500 10% Drop, and More News

BP plc (NYSE:BP) – BP expects weak margins in its refining business to impact its second-quarter profits by up to $700 million. The decline in refining margins, due to excess renewable...