In this article INTC Intel stock closed down 8% on Friday, a day after the company reported disappointing second-quarter earnings that missed on the top and bottom lines. Intel’s revenue declined 22% year over year and missed consensus by 14%, the company’s largest top-line disappointment since 1999, according to Refinitiv data. It ended the quarter
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In this article INTC AMD Lisa Su, CEO, AMD Scott Mlyn | CNBC AMD surpassed Intel‘s market cap on Friday. AMD stock rose over 3% for the day, giving the chipmaker a market capitalization of $153 billion. Intel fell nearly 9%, a day after disastrous earnings that missed expectations for profit and showed declining revenue.
Former Tory leadership contender Tom Tugendhat has endorsed Liz Truss in the race to be prime minister, in a huge blow to Rishi Sunak. Writing in The Times, Mr Tugendhat said that the foreign secretary’s promises of tax cuts are based on “true Conservative principles” and that she can unite the party. He said: “Liz
Spain has reported Europe’s first monkeypox-related death of the current outbreak – and the second outside of Africa. The country’s health ministry confirmed the death on Friday, but did not release further details about the person. Brazil reported the first monkeypox-related death outside the African continent in the current outbreak, earlier on Friday. In its
Will Smith has apologised to Chris Rock over his infamous Oscars slap – in his first in-person statement about the incident. In a reel released on his Instagram account, the actor said he had been “doing a lot of thinking and personal work” since the Oscars and was “trying not to think of myself as
7:00 AM ET Georgia’s 2021 national title was obviously a victory for Bulldog fans around the country, but it was also a victory for fans of defense. The prior two national champions in college football — LSU in 2019, Alabama in 2020 — won primarily because of nearly perfect offensive systems. Both ranked first in
At least 16 people have been killed after flash flooding in eastern Kentucky following a series of storms. Torrential rains have devastated the area, with its governor Andy Beshear declaring a state of emergency in six counties. “We are currently experiencing one of the worst, most devastating flooding events in Kentucky’s history,” he said. “Hundreds
A nine-year-old girl stabbed to death in Lincolnshire has been named by police as Lilia Valutyte. The girl, a Lithuanian national, was found dead in Fountain Lane in Boston at about 6.20pm yesterday. Two people have been arrested as part of a murder investigation, following what police are calling the “isolated incident”. Lincolnshire Police Chief
With so much fog surrounding the prospects for the UK economy, results statements from the country’s main commercial banks this week were an ideal opportunity to make sense of things, as the big lenders tend to have a good idea of what is happening on the ground. The overall picture painted – and this is
The “origin of life” is a subject that scientists have invested an unparalleled amount of time and resources in to understand it better. How life emerged from non-living molecules continues to be a much-debated topic. But now, scientists at Scripps Research may have found something to shed light on the subject. Scientists have discovered a
6:00 AM ET PHILADELPHIA — Trainer Anthony Tumbarello didn’t know if Philadelphia Eagles quarterback Gardner Minshew was serious at first when he told Tumbarello he wanted to live in a bus outside of Tumbarello’s gym in Bonita Springs, Florida, this offseason. But sure enough, on Feb. 20 following a few weeks of cross-country travel, Tumbarello
Russian mothers speak of the pain of not knowing if their sons are dead or missing and of the battle for information on what happened to them. #Russia #SkyNews #Moscow SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews Follow
Marc Short, former chief of staff to former Vice President Mike Pence, fires back at Rep. Matt Gaetz (R-FL) over critical comments he made about Pence during a recent speech. #erinburnettoutfront #CNN #News
Credit card borrowing last month increased at the fastest annual rate since 2005, according to new figures from the Bank of England. At the same time, the amount of money being deposited into accounts plummeted, as concerns grow about the rapidly increasing cost of living. Consumer credit, which includes borrowing on credit cards, overdrafts, personal
The first time I saw the Fantic ISSIMO electric bike on a trip to Milan last year, I instantly fell in love with the design. And now that the company is offering a 45 km/h (28 mph) version that maxes out the legally-allowable speed, I’m even more head over heels for this eye-catching electric bike.
U.S. Senator Joe Manchin (D-WV) returns to a basement office meeting with other senators that included Kyrsten Sinema (D-AZ), Jon Tester (D-MT), Tim Kaine (D-VA) and Angus King (I-ME), (not pictured) at the U.S. Capitol in Washington, December 15, 2021. Elizabeth Frantz | Reuters Environmental groups reacted with surprise after U.S. Senate Democrats struck a deal
The UK’s competition watchdog is investigating Asos, Boohoo and George at Asda over claims about the sustainability of their products. The Competition and Markets Authority said it would examine the eco-friendly and sustainability claims made by the three businesses about items including clothing, footwear and accessories. In January the CMA started to look at sustainability
The amount of time, effort, and money needed to train ever-more-complex neural network models are soaring as researchers push the limits of machine learning. Analogue deep learning, a new branch of artificial intelligence, promises faster computation with less energy consumption. The findings of the research were published in the journal ‘Science’. Programmable resistors are the
Defence Secretary Ben Wallace has revealed his support for cabinet colleague Liz Truss in the Tory leadership race. Mr Wallace described Ms Truss as “authentic, honest and experienced”, and with having “integrity” for the top job. The defence secretary, who was himself widely tipped to become the next Conservative Party leader before ruling himself out
British Airways owner IAG has returned to quarterly profitability for the first time since the coronavirus pandemic, but blamed Heathrow for its current “operational challenges”. IAG chief executive Luis Gallego said the group’s best performing airlines were Iberia and Vueling, which were boosted by a recovery in the Spanish domestic market and routes to Latin