Intel to cut 15% of workforce, reports quarterly guidance miss
Intel will say goodbye to 15,000 employees, cut capital expenditures and forgo a fourth-quarter dividend following weak results and quarterly guidance.
Amazon’s advertising business grew 20% in the second quarter
Amazon’s online advertising business brought in $12.77 billion during the second quarter, marking a 20% year-over-year increase, but missing analysts’ estimates.
Snap shares plunge more than 20% on weak guidance
Snap issued a forecast for the third quarter that trailed analysts’ estimates.
Here’s everything you need to know about Friday’s big jobs report
A gradual slowdown in the economy and Hurricane Beryl are expected to have taken some of the steam out of hiring in July.
Elon Musk sued by ex-CNN anchor Don Lemon over canceled X deal
The deal to host “The Don Lemon Show” on X was scrapped after the taping of its premiere episode, a one-on-one interview with Elon Musk.
Kamala Harris has a murky antitrust record. Wall Street sees an opportunity
Kamala Harris served as California’s attorney general and a senator before becoming the vice president.
Putin’s Trader: How Russian hackers stole millions from U.S. investors
This CNBC documentary is about the rise and fall of Vladislav Klyushin and his business empire. Klyushin was just released from a U.S. prison in a prisoner swap.
Amazon shares slide on revenue miss, disappointing guidance for third quarter
Amazon missed on revenue for the second quarter and gave a forecast for the current quarter that fell short of Wall Street’s expectations.
Apple sales rise 5%, topping estimates as iPad and Services revenues jump
Apple reported earnings after the bell on Thursday.
