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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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Apr 26, 2026 / Tyler Durden
U.S. Gov't Stake In Intel Is Now Worth ...
U.S. Gov't Stake In Intel Is Now Worth ...
Intel shares earlier jumped the most on record after the chipmaker delivered stronger-than-expected first-quarter results and issued a second-quarter forecast (read here) that beat Wall Street expectations.
Earlier, Intel shares jumped as much as 28%, rocketing to a record high and eclipsing their Dot Com peak, as Wall Street analysts cheered the earnings report as evidence that the chipmaker’s turnaround is gaining traction.
Citi analyst Atif Malik raised Intel to “Buy” from “Neutral,” with a $95 12-month price target, reflecting “improving AI-driven...
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Mar 30, 2026 / Tyler Durden
Border Czar: ICE To Assist At Airports Until They Are 100%, TSA Pay Coming This Week
Border Czar: ICE To Assist At Airports Until They Are 100%, TSA Pay Coming This Week
Authored by Tom Gantert via The Epoch Times (emphasis ours),
White House border czar Tom Homan said on March 29 that ICE agents will be used to help out at airports as long as necessary and noted that Transportation Security Administration (TSA) agents should receive a paycheck by March 30 or March 31.
Jason Henry for The New York Times
Homan said U.S. Immigration and Customs Enforcement agents would help with security until airports feel they are...
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Mar 13, 2026 / Tyler Durden
"Negotiations Underway": Cuban President Acknowledges U.S. Talks Amid Fuel Supply Crisis
"Negotiations Underway": Cuban President Acknowledges U.S. Talks Amid Fuel Supply Crisis
Cuban President Miguel Díaz-Canel stated on state television that his government has entered talks with the Trump administration, aimed at "finding solutions through dialogue" to longstanding bilateral differences between the two neighboring countries. This admission comes as the Caribbean island faces crude oil and diesel stockpiles running dry by the end of the month, after Trump's multi-month crude shipment blockade sharply tightened pressure on the communist regime in Havana.
In a speech broadcast on Cuban state TV, Díaz-Canel said...
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