JPM, BLK, GL and more
Check out the companies making headlines in premarket trading. JPMorgan — The bank slipped 2.4% despite beating expectations on both lines and reporting lower credit costs than anticipated. However, the…
Intel on pace for worst day since 2020 on weak outlook
Intel CEO Pat Gelsinger speaks during an event called AI Everywhere in New York, Thursday, Dec. 14, 2023. Intel shares slumped 12% on Friday and headed for their steepest drop…
Intel (INTC) earnings report Q4 2023
Intel shares dropped in extended trading on Thursday after the chipmaker issued an outlook for the first quarter of 2024 that lagged analyst forecasts even as results for the latest…
Stocks making the biggest moves midday: AAPL, WBA, MBLY, LLY
Check out the companies making headlines in midday trading. Comerica — Shares of the regional bank added 0.7% after Goldman Sachs upgraded the stock to buy from neutral. The firm…
Mobileye shares plunge after chipmaker warns of order pullback
Mobileye signage is displayed during the company’s initial public offering at the Nasdaq MarketSite in New York on Oct. 26, 2022. Michael Nagle | Bloomberg | Getty Images Mobileye, the…
These EVs loses tax credits as U.S. boots China from supply chain
Electric vehicle demand could take a hit next year with several models expected to lose crucial tax credits as the U.S. moves to cut China out of its battery supply…
Intel plans to IPO programmable chip unit within three years
Pat Gelsinger, CEO, of Intel Corporation, testifies during the Senate Commerce, Science, and Transportation hearing on semiconductors titled Developing Next Generation Technology for Innovation, in Russell Senate Office Building on…
Qualcomm banks on AI to grow automotive chip business
Qualcomm is best known for the chips and modems inside Android phones. But in recent years, it’s also started selling a package of hardware chips, sensors and software called Snapdragon…
China’s EV slowdown drags down Nvidia’s ‘next billion-dollar business’
Nvidia automotive segment primarily sells chip systems for assisted driving. CEO Jensen Huang has touted it as the company’s “next billion-dollar business.” Alex Wong | Getty Images News | Getty…
Volkswagen-Mobileye autonomous vehicle tests to launch in Austin
Volkswagen Group of America (VWGoA) starting its first autonomous vehicle test program in Austin beginning in July 2023. Courtesy: Vokswagen AG Volkswagen said Thursday that it will begin testing self-driving…