Intel CEO Lip-Bu Tan long track record in chips, needs big customer

Intel CEO Lip-Bu Tan long track record in chips, needs big customer

Lip-Bu Tan, Intel’s CEO since March 18, 2025, brings over four decades of semiconductor industry experience, having led Cadence Design Systems for 12 years, where he drove a 3,200% stock increase, and served as a venture capitalist at Walden International, investing in major players like China’s Semiconductor Manufacturing International Corporation. Previously an Intel board member … Read more

Mark Zuckerberg says Meta AI has 1 billion monthly active users

Mark Zuckerberg says Meta AI has 1 billion monthly active users

Meta AI Surges to 1 Billion Monthly Active Users, Zuckerberg Eyes Monetization MENLO PARK, Calif. – Meta CEO Mark Zuckerberg announced on May 28, 2025, that Meta AI, the company’s artificial intelligence assistant, has reached a milestone of 1 billion monthly active users across its family of apps, including Facebook, Instagram, WhatsApp, and Messenger. The … Read more

Nvidia CEO Hammers Chip Controls That ‘Effectively Closed’ China Market

Nvidia CEO Hammers Chip Controls That ‘Effectively Closed’ China Market

SAN FRANCISCO — Nvidia CEO Jensen Huang delivered a blistering critique of U.S. export controls on advanced semiconductors to China, declaring that “The $50 billion China market is effectively closed to U.S. industry” and announcing his company is taking a multibillion-dollar writeoff on unsellable inventory. Market Share Collapse in China Speaking at the annual Computex … Read more

Trump Advisor: ‘We Don’t Want to Harm’ Apple with iPhone Tariffs

Trump Advisor: ‘We Don’t Want to Harm’ Apple with iPhone Tariffs

WASHINGTON — Nationwide Financial Council Director Kevin Hassett stated Tuesday that the Trump administration doesn’t need to “hurt Apple” with tariffs, tempering issues after President Donald Trump threatened the tech large with important levies on iPhones manufactured outdoors the USA. “Ultimately, we’ll see what occurs, we’ll see what the replace is, however we do not … Read more

Trump threatens California funding over trans athlete

Trump threatens California funding over trans athlete

Trump Threatens California’s Federal Funding Over Transgender Athlete Coverage On Could 27, 2025, President Donald Trump threatened to withhold federal funding from California over its coverage permitting transgender athletes to compete in girls’s sports activities, claiming it violates his February 5, 2025, government order banning such participation. Focusing on Governor Gavin Newsom, Trump’s Fact Social … Read more

Consumer Confidence in May 2025: Surge Fueled by Trade Deal Optimism

Consumer Confidence in May 2025: Surge Fueled by Trade Deal Optimism

In May 2025, U.S. consumer confidence rebounded sharply, with the Conference Board’s Consumer Confidence Index® jumping 12.3 points to 98.0, exceeding expectations and marking the largest monthly gain in four years. Driven by optimism over a U.S.-China trade truce and delayed EU tariffs, this surge ended a five-month decline, signaling potential for increased spending and … Read more

Trump touts anti-DEI changes in West Point address

Trump touts anti-DEI changes in West Point address

Trump Touts Anti-DEI Adjustments in West Level Graduation Tackle West Level, Could 24, 2025 – President Donald Trump delivered a politically charged graduation deal with to the Class of 2025 on the U.S. Navy Academy at West Level, emphasizing his administration’s crackdown on range, fairness, and inclusion (DEI) applications. Talking to 1,002 graduating cadets at … Read more

April home sales dropped to the slowest pace for that month since 2009

April home sales dropped to the slowest pace for that month since 2009

April Dwelling Gross sales Dropped to Slowest Tempo for That Month Since 2009 By Actual Information Hub Workers | Might 24, 2025 Dwelling gross sales in April fell to their slowest tempo for that month since 2009, as persistently excessive mortgage charges and elevated dwelling costs continued to sideline potential consumers from the housing market, … Read more

Snowflake Shares Surge to Record High as Revenue Exceeds $1 Billion for First Time

Snowflake Shares Surge to Record High as Revenue Exceeds  Billion for First Time

Bozeman, MT, Could 24, 2025 – Snowflake Inc. (SNOW) shares soared to their highest degree in over a yr, climbing 12% on Thursday, Could 22, 2025, after the cloud-based knowledge analytics firm reported fiscal first-quarter 2026 income surpassing $1 billion for the primary time. The inventory reached a peak of $205.40, closing at $200.05, reflecting … Read more

Big Oil’s Record-Breaking Shareholder Payouts Face Uncertainty as Oil Prices Slump in 2025

Big Oil’s Record-Breaking Shareholder Payouts Face Uncertainty as Oil Prices Slump in 2025

Houston, TX, Could 24, 2025 – Large Oil’s unprecedented shareholder payouts, which reached a staggering $119 billion in 2024, are below vital risk in 2025 as crude oil costs hover round $60 per barrel, a pointy decline from latest years. Based on Rystad Power, main oil firms like ExxonMobil, Chevron, Shell, BP, TotalEnergies, and Eni … Read more