Intel beats on revenue, slashes foundry investments as CEO says 'no more blank checks'
"There are no more blank checks. Every investment must make economic sense," Tan wrote.
Posts by CNBC (old posts, page 71)
FCC approves $8 billion Paramount-Skydance merger
The Federal Communications Commission cleared the way Thursday for an $8 billion merger between Paramount and Skydance Media.
NFL in talks to take a 10% stake in ESPN
ESPN would own all of NFL Network and NFL RedZone, rather than just a controlling stake, if the deal moves forward as currently constructed, CNBC has learned.
European Central Bank holds interest rates as tariff turmoil keeps policymakers on edge
It is the central bank's first interest rate hold this year, as inflation settles around its 2% target.
UnitedHealth says it is cooperating with DOJ investigations into Medicare billing practices
In a securities filing, UnitedHealth said it has begun complying with formal criminal and civil requests from the DOJ.
Trump's aluminum tariffs may be sparking a green recycling boom — unintentionally
His protectionist trade policy, often at odds with environmental goals, is in fact building an economic case for recycling millions of tonnes of scrap metal exports.
El-Erian breaks ranks with Wall Street, says Powell should resign to preserve Fed independence
El-Erian, president of Queens' College at Cambridge University, said he was aware that his view did not align with the Wall Street consensus.
GM beats earnings estimates as CEO says automaker works to 'greatly reduce' tariff exposure
General Motors reported second-quarter earnings that beat Wall Street’s estimates, despite ongoing uncertainty from President Donald Trump's auto tariffs.
GM beats earnings estimates as CEO says automaker works to 'greatly reduce' tariff exposure
General Motors reported second-quarter earnings that beat Wall Street’s estimates, despite ongoing uncertainty from President Donald Trump's auto tariffs.
Coca-Cola earnings beat estimates as strong demand in Europe helps offset weakness elsewhere
Shares of Coke have risen 13% this year, bringing its market value up to more than $300 billion.