- Reuters
Intel falls as weak PC chip demand hurts second-quarter forecast
The stock has fallen around 30% so far this year as Intel trails rival chip companies like Nvidia in producing advanced artificial intelligence (AI) chips and components. Intel forecast second-quarter revenue of $12.5 billion to $13.5 billion, compared with analysts' average estimate of $13.57 billion, according to LSEG data. Intel is planning a $100 billion spending spree across four U.S. states to build and expand factories.
- NBC Sports Bay Area
Watch 49ers first-round draft pick Pearsall's college highlights
The 49ers selected Florida wide receiver Ricky Pearsall in the first round of the 2024 NFL Draft. Watch the college highlights that made him the No. 31 overall pick.Watch 49ers first-round draft pick Pearsall's college highlights originally appeared on NBC Sports Bay Area
- AFP
London stocks hit new record peak on takeovers
London's stock market fired its way to another record peak on Friday, with investors gripped by a series of eye-catching takeovers this week for listed UK companies.We've had new record highs, yet more takeover action, and everyone is talking about UK stocks in a positive way," said Russ Mould, investment director at AJ Bell.
