Intel has successfully fended off a shareholder lawsuit that accused the company of misleading investors about $7 billion in losses tied to its foundry business. A judge dismissed the case, ruling that investors failed to prove that Intel had intentionally misrepresented financial risks related to its semiconductor manufacturing division. The lawsuit stemmed from Intel’s struggles…

Investors are assessing whether a series of concerning data points to serious economic concerns, so next week, the stakes are high for the monthly U.S. jobs report. Falling Treasury rates and a decline in bitcoin are further signs of growing investor apprehension, as the benchmark S&P 500 stock index has retreated 4% from its peak…

After a tumultuous week marred by doubt over U.S. trade policy and a global increase in borrowing costs, investors were greeted with some calm on Friday as a sharp purchase in bonds subsided and currencies stabilized, but equities followed Wall Street down. As U.S. equities face challenges from a deteriorating growth forecast in the most…

The California-based company said on Thursday that the US Department of Labor is looking into whether Scale AI, a data labeling business supported by tech behemoths Nvidia, Amazon, and Meta, complies with the Fair Labor Standards Act. According to the firm, the inquiry, which was started about a year ago during the administration of former…