Subscribe to Updates
Subscribe to our newsletter and never miss our latest news
Author: admin
intel announced better-than-expected second-quarter results Thursday, posting the highest revenue growth rate in a quarter since 2011, and issued better-than-expected guidance. Shares rose 11% in after-hours trading. Here’s a comparison of the chipmaker’s performance and LSEG’s consensus estimates:Earnings per share: Adjusted 42 cents vs. expected 21 cents Earnings: $16.1 billion vs. expected $14.42 billionIntel shares are up more than 170% so far in 2026 as of Thursday’s close, after soaring 84% last year when the U.S. government took a 10% stake in the company as part of its support for U.S. chip manufacturing. However, the stock has been underperforming recently,…
In October 2018, the American Pie star announced he had been sober for a year in a celebration and encouragement. Instagram post. “The first time I tried to get sober was over five years ago, when the weight of my obsession with alcohol and drugs became too much for me to bear,” he wrote. at that time. “Looks like this is going to be difficult.” He continued, “After a few bouts, I managed to get through a year of sobriety. I’m the proudest of my life. If you’re struggling, I want you to know that there is help. There’s no…
A person refuels a semi-truck at Pilot Traveler Center in Lockhart, Texas, on March 9, 2026.Brandon Bell | Getty ImagesThe US economy is more vulnerable than ever to the energy market problems caused by the Iran war. Although the economy has shown remarkable resilience, the cushion that previously protected Americans from soaring prices is fading. Bottom line: The war will erode Americans’ living standards this summer, even if actual fighting remains more subdued than in the first phase of the conflict. From President Donald Trump’s perspective, there is little he can do to protect Americans from the economic fallout now…
Weeks after OpenAI rolled out a new family of conversation models and updated ChatGPT’s voice mode, rival Anthropic is moving to make Claude more voice-friendly with a new update. The company announced Thursday that users can choose between Opus, Sonnet and Haiku models. Released last year and powered by the Haiku model, Claude’s voice mode offered quick responses but wasn’t well suited for complex tasks. The company said the new update will select the last model where voice mode was used for text chat and use its fastest version by default. Anthropic said the new voice mode will help users…
southwest airlines reported a more than 9% year-over-year increase in second-quarter profit as higher fares helped airlines cover fuel costs, but its outlook for the summer fell short of Wall Street expectations.The company forecast third-quarter adjusted earnings of 50 cents to 75 cents, below analysts’ expectations of 82 cents, even though it expected sales to rise 17.5% to 19.5% from a year earlier. The Dallas airline said it plans to reduce capacity by up to 1% or keep it flat compared to the third quarter of 2025.Southwest expects full-year adjusted earnings per share to be between $3.25 and $4.25. In…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Happy Thursday. If our minds aren’t already messed up thanks to wildfire smoke and Cyclospora outbreaks, we might also need to worry about red artificial intelligence agents.Stock futures are falling this morning as Wall Street declines.Here are five important things investors need to know to start their trading day.1. IrohaTuesday, July 21, 2026, at Google headquarters in Mountain View, California, USA. David Paul Morris | Bloomberg | Getty Imagesshares of alphabet and tesla Stocks are falling before the bell as companies report their quarterly results on…
Oil-rich Saudi Arabia has been pursuing nuclear technology for two decades. But now the deal with Washington formalizing Riyadh’s goals has raised concerns that the deal, combined with the chaotic aftermath of the war between Washington and Tehran, could plunge the region into a new arms race. The most controversial part of the deal, which reportedly gives Saudi Arabia the future option of enriching uranium on its own soil with less International Atomic Energy Agency (IAEA) oversight, has drawn the strongest reactions from Iranian, Israeli and American commentators. But in Tehran, where the United States and Israel launched a war…
Who attended Taylor Swift and Travis Kelce’s wedding?There was a very evergreen group of friends who walked into Madison Square Garden to watch Swift and Kelsey say “I do.” Seriously, the guest list was over 1,000 people. On Swift’s side, her longtime friends could be up for the fearless best-dressed award, including Abigail Anderson Berard, Selena Gomez and her husband Benny Blanco, Gigi Hadid and Bradley Cooper, Ed Sheeran and his wife Cherry Seaborn, Lena Dunham, Jack Antonoff, Zoe Kravitz, Ashley Avignone, and Karlie Kloss. Meanwhile, Kelce had nearly the entire Chiefs team join him on his special day, including…
Hedge fund manager John Paulson, who made billions of dollars in bets on the U.S. housing market before becoming bullish on gold, said he believes precious metals are only in the early stages of a long-term bull market.”I think we’re at the beginning or early stages of a secular bull market in gold,” Paulson said Wednesday on CNBC’s “The Exchange.” “Gold as a substitute will continue to grow as people lose faith in paper money.”Paulson, whose bet on subprime mortgages became one of the most lucrative trades in Wall Street history, shifted his focus to gold in 2009, arguing that…
Google is adding another name to its long list of products, which have more than 1 billion users. That list already includes Search, Gmail, Drive, Android, YouTube, and Chrome. The company said in its Q2 2026 conference call that its AI assistant Gemini now has more than 950 million monthly users. The company noted that Gemini users have tripled since last year. Prior to this, in February it was announced that the number of monthly active users of the Gemini app exceeded 750 million. This growth will put Google’s Assistant in closer competition with OpenAI’s ChatGPT, which reached 1 billion…