Intel (INTC) is delaying construction of a new $20 billion U.S. microchip and semiconductor manufacturing plant in Ohio due to weak market conditions. Specifically, the company said that the plant’s construction is being put off amid ongoing market challenges and because it is having difficulty securing U.S. grant money for the project. Intel […]
Intel Delays Construction Of Ohio Chip Plant Read More »
U.S. oil giant Chevron (CVX) has announced that it is raising its quarterly dividend by 8% as it returns a record amount of cash to its stockholders. In releasing its latest financial results, Chevron said that its board of directors approved an 8% increase in the quarterly dividend to $1.63 U.S. per share
Chevron Raises Dividend 8% Amid Record Payout To Shareholders Read More »
Strong results from Meta Platforms (META) and Amazon (AMZN) will lift the indices today. Looming for markets, however, are quarterly results from ExxonMobil (XOM) and Chevron (CVX). Since oil prices trended lower in the fourth quarter, investors have low expectations for those two stocks. Drug manufacturers Bristol-Myers Squibb (BMY) and Abbvie (ABBV) will influence markets
What to Watch on Friday Read More »
Brookfield Business Partners L.P. (T.BBU.UN) hit a new 52-week high of $30.75 Friday. Brookfield Business Partners reported net income of $1.4 Billion in the Quarter Brookfield Business Corporation Class A Exchangeable Subordinate Voting Shares (T.BBUC) Brookfield Business Corporation reported net income of $1.4 Billion in the Quarter. Gabriel Resources Ltd. (V.GBU) hit
Brookfield, Gabriel at 52-Week Highs on News Read More »
Mount Etna, in eastern Sicily, almost never sleeps. It’s Europe’s most active volcano and has been for millennia. For the ancient Greeks, it was the location of the mythical forges of Hephaestus, the god of blacksmiths. Etna is Italy’s highest peak south of the Alps, although the exact height of its summit (currently 10,921 ft,
Europe’s Most Active Volcano Is Also the World’s Only Decipoint Read More »
Meta Platforms (META) once again impressed Wall Street in its fourth-quarter report. The social networking giant posted revenue that was close to $1 billion above expectations. Meta is increasing shareholder value by buying back another $50 billion in shares. It will also pay a dividend of 50 cents a share for the first time. Apple
Friday's Hottest Moving Stocks Read More »
An old arch stands over a narrow, twisted road, half hidden by tree branches. The path leads to Old Goa, the former capital of Portuguese India. After the Portuguese conquest of Goa in 1510, the city began to outgrow the massive wall surrounding it. As the wall was dismantled, four gates framing the roads in and
The Arch of Conception in Velha Goa, India Read More »
Joe Rogan, podcasting’s biggest star, has renewed his deal with Spotify. The new multiyear deal will allow his show, which is currently exclusive to the streamer, to be distributed to YouTube, Apple, and other podcasting platforms. Financial terms of the deal were not disclosed by Spotify, but The Wall Street Journal reports that the deal
Joe Rogan renews deal with Spotify Read More »
According to the Global Wellness Summit’s 2024 trends report from the Global Wellness Institute, which combines research and insights from experts in the field—including scientists, CEOs, and academics—the wellness market is surging. And it’s not expected to slow down anytime soon. The global wellness economy was valued at $5.6 trillion in 2022, increasing by 12%
Advertisment The NASDAQ was higher on Friday as quarterly results from technology companies including Facebook-parent Meta buoyed the sector after a stronger-than expected jobs report. The Dow Jones Industrials came out of the shadows to gain 69.93 points to 38,589.77. The S&P 500 index moved higher 47.35 points to 4,953,54. The
NASDAQ Springs After Jobs Report Read More »
