Articles for tag: APOLLO, Deals, Eye, Faces, Future, Intel, Investments, Plummet, Potential, Qualcomm, Shares, Takeover, tumultuous

Market News

Intel faces a tumultuous future as shares plummet, while Apollo and Qualcomm eye investments and potential takeover deals.

Intel faces a tumultuous future as shares plummet, while Apollo and Qualcomm eye investments and potential takeover deals.

Intel, once a dominant force in chip manufacturing, is facing significant challenges, with its share price plummeting nearly 60% since early 2024. In a bold move to revitalize the company, investment firm Apollo Global Management has proposed a $5 billion investment, which Intel executives are currently reviewing. This investment could be vital for Intel’s turnaround ...

Market News

Cisco’s dramatic layoffs of 5,600 employees highlight a tumultuous industry shift towards AI and restructuring for future growth.

Cisco’s dramatic layoffs of 5,600 employees highlight a tumultuous industry shift towards AI and restructuring for future growth.

Cisco, a major US technology company, has announced significant job cuts, laying off around 5,600 employees, which is about 7 percent of its workforce. This comes as part of its strategy to manage costs amid decreasing demand, following earlier layoffs of 4,000 workers earlier in the year. The company is shifting its focus towards investments ...

Market News

Trump’s sentencing delayed to post-election, averting potential jail time as he rallies against political opponents amid a tumultuous campaign.

Trump’s sentencing delayed to post-election, averting potential jail time as he rallies against political opponents amid a tumultuous campaign.

Donald Trump will avoid sentencing in his New York hush money trial until after the upcoming presidential election in November, according to a ruling by Acting State Supreme Court Justice Juan Merchan. Originally set for September 18, the sentencing has been postponed to November 26, allowing Trump to focus on his campaign without the distraction ...

Market News

Hunter Biden faces a tumultuous trial over tax evasion, exposing his controversial foreign dealings and personal struggles amid family turmoil.

Hunter Biden faces a tumultuous trial over tax evasion, exposing his controversial foreign dealings and personal struggles amid family turmoil.

Hunter Biden is facing serious legal issues as he prepares for a new trial concerning alleged tax evasion on millions in income from foreign businesses. This trial comes after his recent felony gun conviction, which has raised concerns about his past spending habits and lifestyle choices. Although the political ramifications of these trials may have ...

DeFi Explained: Simple Guide Green Crypto and Sustainability China’s Stock Market Rally and Outlook The Future of NFTs The Rise of AI in Crypto