Investing.com — Advanced Micro Devices shares dropped 1.7% in premarket trading Friday after Goldman Sachs downgraded the stock from Buy to Neutral, citing underperformance and cyclical challenges. The premarket slide follows…
Economy
Getty Images to buy Shutterstock as part of $3.7 billion visual content expansion
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Getty Images said on Tuesday it would merge with rival Shutterstock to create a $3.7 billion stock image powerhouse geared for the artificial intelligence era, in a deal that would…
Panera Bread’s parent company announced Tuesday that CEO Jose Dueñas is stepping down, effective immediately. The change in leadership is the latest challenge to the company’s plans to go public eventually,…
The chief executive of U.S. Steel appealed directly to President-elect Donald Trump to take a second look at a Japanese company’s $15 billion deal to buy the American steelmaker. President…
D-Wave Quantum CEO Alan Baratz said Nvidia’s Jensen Huang is “dead wrong” about quantum computing after comments from the head of the chip giant spooked Wall Street on Wednesday. Huang was asked on…
Editor's Pick
AG Merrick Garland intends to release Special Counsel Jack Smith report on Trump election case
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Attorney General Merrick Garland will release Special Counsel Jack Smith’s report on the 2020 election interference case against President-elect Trump, according to a court filing. The Department of Justice told…
Editor's Pick
Meta ending 3rd-party fact checkers ‘transformative,’ but other legal issues remain, says expert
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The decision by Meta CEO Mark Zuckerberg to end Facebook’s work with third-party fact-checkers and ease some of its content restrictions is a potentially ‘transformative’ moment for the platform, experts said,…
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Dems accused of ‘stonewalling’ Tulsi Gabbard confirmation after GOP demands quick hearing
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The Trump transition team is accusing Democrats in the Senate of ‘stonewalling’ Tulsi Gabbard’s confirmation to the position of Director of National Intelligence (DNI). A hearing has yet to be…
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Biden says he is still considering pre-emptive pardons for Trump targets Liz Cheney, Fauci and others
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President Biden said he was still considering pre-emptive pardons for President-elect Donald Trump’s political foes, such as former GOP Rep. Liz Cheney of Wyoming and Dr. Anthony Fauci, during his…
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MAGAfest Destiny? Trump flexes his muscles with repeated talk of American expansionism
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President-elect Donald Trump not only wants to make America great again, he appears to be angling to make America bigger. Trump has turned up the volume in recent days on…