U.S. equity futures remained stable as the S&P 500 reached new heights, driven by excitement in the AI sector. Corporate earnings reports showed mixed results, with Nvidia boosting investor confidence despite concerns over its data center business.
In a bold move, President Trump announced a 10% government stake in Intel, revealing shocking ties to Chinese surveillance firms. As Intel faces scrutiny over its partnerships with Uniview and Hikvision, questions arise about human rights and technology ethics.
U.S. equity futures remained flat as the Dow Jones reached new records, with investors keenly awaiting Nvidia's earnings report that could signal the next market move. The Fed's hint at easing policy has set the stage for potential shifts in tech stocks.
Intel has announced a significant agreement with the Trump administration, securing an $8.9 billion investment. However, this funding is tied to previously awarded grants, sparking debate over its implications and legality.
In a surprising move, President Trump reveals that Intel Corp. will provide the US government with a 10% equity stake. This deal is poised to reshape the chipmaking landscape, with formal details expected soon.
The US Supreme Court has allowed the Trump administration to temporarily halt hundreds of millions in medical research grants, raising concerns over the impact on diversity and inclusion initiatives.
President Trump blasts the Smithsonian for its portrayal of slavery, claiming it neglects America's successes. His remarks spark controversy over historical representation and cultural narratives.
The U.S. Commerce Secretary announced plans for the government to take an equity stake in Intel as part of a strategy to stabilize the struggling chipmaker. This follows reports of a potential 10% stake conversion from grants approved under the Biden administration.
In a surprising move, Soho House & Co. is set to be taken private in a $2.7 billion deal led by hotel owner MCR. The agreement offers shareholders a significant premium, highlighting investor confidence amid challenges since its IPO.
The Trump administration is reportedly in talks to convert Intel's Chips Act grants into a 10% equity stake, raising eyebrows about the future of this struggling tech giant. With a potential $10.9 billion investment, is the government stepping in to save Intel's faltering business?
