Intel (INTC) stock surged 24% after crushing Q1 earnings with $0.29 EPS vs $0.01 estimate. AI server demand and Tesla foundry deal drive the rally.
Elon Musk’s $150B lawsuit against OpenAI and Sam Altman begins Monday. The trial could derail the company’s $1 trillion IPO and force a nonprofit reversal.
Meta (META) stock drops 2.41% after China’s NDRC vetoes its $2B+ Manus AI acquisition, signaling Beijing’s stance on protecting domestic AI assets.
Citigroup raises Brent crude forecast to $120/barrel while Goldman Sachs increases Q4 target to $90 amid ongoing Strait of Hormuz closure crisis.
Former TSMC engineer sentenced to 10 years for stealing chip secrets. Tokyo Electron fined $4.8M in Taiwan’s first national security IP case.
Budget airlines including Frontier and Avelo are requesting $2.5B in federal aid from the Trump administration as jet fuel costs surge beyond $4 per gallon.
Opinion
Intel (INTC) stock surged 24% after crushing Q1 earnings with $0.29 EPS vs $0.01 estimate. AI server demand and Tesla foundry deal drive the rally.
Just In
Budget airlines including Frontier and Avelo are requesting $2.5B in federal aid from the Trump administration as jet fuel costs surge beyond $4 per gallon.
Finance
Intel (INTC) stock surged 24% after crushing Q1 earnings with $0.29 EPS vs $0.01 estimate. AI server demand and Tesla foundry deal drive the rally.
Elon Musk’s $150B lawsuit against OpenAI and Sam Altman begins Monday. The trial could derail the company’s $1 trillion IPO and force a nonprofit reversal.
Meta (META) stock drops 2.41% after China’s NDRC vetoes its $2B+ Manus AI acquisition, signaling Beijing’s stance on protecting domestic AI assets.
Citigroup raises Brent crude forecast to $120/barrel while Goldman Sachs increases Q4 target to $90 amid ongoing Strait of Hormuz closure crisis.
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