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Intel Saves The Tech Day, Sees 15-Year High For Sales Growth, "Unprecedented Demand"
Intel Saves The Tech Day, Sees 15-Year High For Sales Growth, "Unprecedented Demand"
After a dismal day that saw tech stocks wrecked on the shores of hyperscalers' CapEx and inferred from Alphabet's earnings, tonight sees Intel's Lip-Bu Tan ride to the rescue with better-than-expected second-quarter results on Thursday, notching its fastest revenue growth rate for any quarter since 2011 and issuing guidance that topped expectations.
Beat on the top- and bottom-line:
Earnings per share: 42 cents, adjusted, versus 21 cents expected
Revenue: $16.1 billion, versus $14.42 billion expected
Upped Guidance: For the current quarter, Intel...
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Jul 7, 2026 / Tyler Durden
EU Parliament Banning The ESN Party Alliance Is A 'Realistic Scenario' Warns German MEP
EU Parliament Banning The ESN Party Alliance Is A 'Realistic Scenario' Warns German MEP
Via Remix News,
For the first time in European history, an EU party alliance could be outright banned in the European Parliament, which would mark a major blow to democracy and rule of law.
The Europe of Sovereign Nations Group (ESN), which includes nine right-wing European parties, has been relentlessly attacked by the EU establishment since its founding in 2024. The ESN’s largest party member, the Alternative for Germany (AfD), has also been the target of efforts for...
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Jul 11, 2026 / Tyler Durden
California Ex-Police Official Tops State Payroll With $1.2 Million Payday
California Ex-Police Official Tops State Payroll With $1.2 Million Payday
Former Redlands Police Deputy Chief Travis Martinez received nearly $1.2 million in wages in 2025, the highest reported compensation for any city employee in California, according to newly released data from the State Controller's Office and reporting by the New York Post.
Payroll records show Martinez collected $81,804 in regular pay, $890,467 in other compensation and $231,099 in lump-sum payments before retiring in April. The city also contributed roughly $55,900 toward his retirement and health benefits, bringing his total compensation package...
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May 19, 2026 / Tyler Durden
Why College Grads Hate AI
Why College Grads Hate AI
Authored by Adam Sharp via DailyReckoning.com,
I saw a fascinating clip on Twitter/X recently.
At the graduation ceremony for the University of Central Florida, the commencement speaker brought up AI.
“The rise of artificial intelligence is the next industrial revolution.”
BOOOOOO! HISS! The new college grads are not fans.
To understand how the public attitude toward AI has changed, watch the 1-minute video below of a commencement speech in Florida:
Gloria Caulfield, a real estate executive, was booed by the students when she mentioned AI during her commencement speech at the University...
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