Intel (INTC) shares rose in extended trading Wednesday after the firm selected Lip-Bu Tan, a former board member and semiconductor industry veteran, as its next CEO. Tan, a former CEO of semiconductor software business Cadence Design Systems (CDNS), will follow temporary Co-CEOs David Zinsner and Michelle Johnston Holthaus, who have held the job since Pat…
According to the most recent figures from the United States, Tesla sales are also declining, mirroring decreases in Europe and China. According to S&P Global Mobility, Tesla car registrations in the United States fell 11% to 43,411 in January compared to the previous year. Though Tesla maintained its lead in US market share at 42.5%,…
The US stock market took a reprieve from two days of selling pressure and finished on a mixed note on Wednesday, March 13, as CPI inflation data came in lower than expected. The S&P 500 was slightly higher, but the Nasdaq Composite index rose substantially by 1.2%, boosted by technology firms. However, a drop in…
U.S. equities plummeted on Tuesday, contributing to the most significant selloff in months, as investors were concerned about the impact of the fresh tariff threats on the global economy. Trading was choppy due to contradictory tariff information, although progress toward a truce between Ukraine and Russia momentarily buoyed equities. The S&P 500 index opened a…
The sell-off in global markets moderated in Europe on Tuesday, following a dramatic drop in US stocks as investors expressed anxiety about the negative economic impact of President Donald Trump’s tariffs. It came after the president stated in a television interview that the world’s largest economy was in a “period of transition” when questioned about…
President Donald Trump’s tariffs have alarmed investors, with worries of an economic slump fueling a stock market sell-off that has erased USD 4 trillion off the S&P 500’s top last month, when Wall Street praised most of Trump’s program. A bombardment of new Trump initiatives has exacerbated uncertainty for firms, consumers, and investors, particularly the…
Martin Lewis claimed This is massive,” as he revealed how you might increase your state pension by thousands – but you must act quickly. Mr Lewis, 52, told viewers that ‘raising your state pension’ by purchasing National Insurance (NI) years ago is the most ‘lucrative’ thing people can do with their money. “After April 5,…
Following the merger of Virgin Money, more than 12 million Nationwide members will receive a £50 payout a piece. The Nationwide, the UK’s largest building society, billed the money as a “thank you” to its members, costing £600 million. However, there was criticism that the same members were not allowed to vote on Virgin Money’s…
US stock futures rose on Wednesday as investors awaited the latest consumer inflation report and prepared for the next step in President Donald Trump’s growing trade conflict. S&P 500 futures (ES=F) climbed by 0.4% after the benchmark finished just shy of correction territory on Tuesday. Dow Jones Industrial Average futures (YM=F) rose 0.2%, while Nasdaq…
US stock futures rose on Tuesday, indicating the start of a comeback after another harsh sell-off as investors’ concerns about economic growth worsened. Futures for the S&P 500 (ES=F) and the Dow Jones Industrial Average (YM=F) both climbed by roughly 0.3%. Contracts on the tech-heavy Nasdaq 100 (NQ=F) rose 0.5%. On Monday, the three major…