Political News Archives - Page 8 of 12

Intel sells a 20% stake in IMS Nanofabrication to Bain Capital

Intel (NASDAQ:INTC) said it has agreed to sell a roughly 20% stake in its IMS Nanofabrication GmbH business to Bain Capital Special Situations. The deal values the Austria-based IMS business at about $4.3 billion. Intel expects the deal will be closed in the third...

SoftBank to shift to ‘offence mode’ as AI booms

Political News

By Sam Nussey and Anton Bridge TOKYO (Reuters) -SoftBank Group CEO Masayoshi Son said on Wednesday that his tech investing conglomerate plans to shift its stance to “offence mode” amid excitement over advances in artificial intelligence. The group had...

FedEx, Winnebago fall premarket; Tesla, Spotify rise

Crude Reality: Oil Prices Take a Dip as Markets Assess China’s Rate Cut and Gloomy Economic Outlook

Political News

Oil prices retreated in Asian trade on Tuesday as investors weighed another interest rate cut in China against increasing pessimism over its economic prospects this year, while caution over U.S. monetary policy also persisted. Brent oil futures fell 0.3% to $75.86 a...

Dow futures trade lower after public holiday

Political News

Stock futures ticked lower on Monday evening, following a public holiday as investors looked ahead to key speeches from Fed officials and FOMC members throughout the week. By 6:20pm ET (10:20pm GMT) Dow Jones Futures fell 0.3%, while S&P 500 Futures and Nasdaq 100...

Fed, SEC Probing Goldman Sachs’ Role in Silicon Valley Bank’s Final Days

Political News

(Reuters) -The U.S. Federal Reserve and the Securities and Exchange Commission are investigating Goldman Sachs Group’s role in two deals with Silicon Valley Bank that preceded the latter’s collapse, the Wall Street Journal reported on Thursday citing...