MARKET

Intel foundry losses expected to peak this year after hitting $7 billion in 2023

Intel broke out its product and foundry financials, showing investors their different margin profiles. Source link

MARKET

Tax Day could put a strain on money markets. Here’s what Fed will be watching.

Tax day later this month could put a strain on money markets. The Fed will be watching, a Wall Street

MARKET

Wells Fargo, JPMorgan named top picks by Goldman Sachs for potential first-quarter upside surprise

Analysts see Wells Fargo and JPMorgan Chase potentially outshining Morgan Stanley, Citi, PNC, U.S. Bancorp and Bank of America. Source

MARKET

Shares of GSI Technology, which sparked meme-like buzz, surge on new products

GSI Technology’s stock, which sparked a meme-like buzz last year, is skyrocketing Tuesday Source link

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The stock market expects a ‘soft landing’ from the Fed — but that isn’t a sure thing

With core inflation at about 3%, Fed Chair Powell is taking quite a gamble talking about rate cuts. Source link

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Fed’s Mester says she won’t back a rate cut in May

“At this point, I think the bigger risk would be to begin reducing the funds rate too early.” Source link

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Tesla’s stock slumps as delivery numbers miss the mark by a wide margin

Tesla delivered far fewer vehicles than expected in the first quarter. Source link

MARKET

Job openings stay at 8.8 million. Labor market still plenty robust.

The number of job openings in the U.S. totaled 8.8 million in February for the second month in a row,

MARKET

How much will you need to retire? America’s ‘magic number’ surges to $1.46 million

The gap between our goals and reality has never been wider Source link

MARKET

UL Solutions launches IPO with plans for valuation of up to $5.8 billion

UL Solutions Inc., a testing, inspection and certification company, launched its initial public offering on Tuesday with plans to issue