Author: Press Room

Investors continue to cheer Intel Corp (NASDAQ: INTC) following reports of its preliminary chip manufacturing agreement with Apple Inc (NASDAQ: AAPL).This marks a seismic shift for Intel Foundry – suggesting the semiconductor giant is about to sign on a high-volume, high-profile mobile customer it has chased for years.However, Bank of America analysts led by Vivek Arya remain rather unimpressed, reiterating their “underperform” rating on Intel stock and setting a $96 price target, signaling significant downside from current levels.Why BofA remains dovish on Intel stockIn his latest research note, Arya acknowledged the strategic importance of Intel’s partnership with the iPhone maker.But…

Read More

Descrease article font size Increase article font size Only days after it began its season, the Edmonton Queen Riverboat became stuck in the North Saskatchewan River on Sunday during a Mother’s Day cruise. About 200 people were on board when it got stuck on the south side of the river.One passenger who spoke with Global News said one of the paddles was making a loud noise as the boat left the dock at about 2 p.m.When the crew tried to turn the boat around by dropping the anchor and using the current, the craft instead ran into the side of…

Read More

Check out the companies making the biggest moves premarket: Moderna — The biotechnology company was up almost 9% after a U.S. citizen tested positive for the hantavirus. Another American had symptoms for the virus, but had yet to test positive, the Associated Press reported . Moderna last week announced that it was in the early-stage development of a vaccine for hantavirus. Lumentum — The stock rose nearly 5% on news it will join the Nasdaq 100 index. The company will replace CoStar on May 18. Monday.com — The software company surged 26% after it reported an earnings and revenue beat…

Read More

KATHMANDU: A Turkish Airlines jet caught fire while landing at Nepal’s main airport on Monday (May 11), causing no reported injuries but forcing the airport to shut down.The flight from Istanbul landed at Kathmandu’s Tribhuvan International Airport with fire and smoke on the right landing gear. Emergency crew responded and controlled the fire and passengers were safely evacuated, according to airport officials.The airport was shut down on Monday morning.There were 277 passengers and 11 crew members on board the Airbus 330 jet. “Fire was visible during the landing. Investigations are ongoing. All passengers are safe,” Gyanendra Bhul, a spokesman at…

Read More

NEWYou can now listen to Fox News articles! The man accused of attempting to kill President Donald Trump on April 25 at the White House Correspondents’ Association Dinner entered a plea in a Washington, D.C., federal court Monday morning to four charges related to the alleged crime.Cole Allen, 31, of Torrance, California, pleaded not guilty to attempting to assassinate the president of the United States, discharge of a firearm during a crime of violence, transporting a firearm across state lines and assaulting a federal officer with a deadly weapon. President Donald Trump posted a photo on social media showing law…

Read More

NEWYou can now listen to Fox News articles! The partisan battle over midterm elections is heating up in Washington, D.C., with accusations flying that both sides are trying to rig the outcome in November. Republicans are trying to hold on to their majority in both chambers, while Democrats are trying to pounce on sluggish legislating, infighting and rising costs in their quest to take over the House, Senate or both. And President Donald Trump is already accusing Democrats of election interference months before Election Day. SCHUMER, DEMS LAUNCH ‘FREE AND FAIR’ ELECTIONS TASK FORCE AS TRUMP’S SAVE AMERICA ACT STUMBLES President Donald Trump…

Read More

Circle Internet Group has raised $222 million in the presale of Arc, the native token of its new blockchain, as the company looks to expand beyond its core business of issuing the USDC stablecoin, CNBC has learned.The raise gives Arc a fully diluted network valuation of $3 billion. “[Blockchain] infrastructure is becoming as important as mobile operating systems or cloud platforms,” Circle CEO Jeremy Allaire told CNBC in an exclusive interview. “We want to build an operating system that has many, many stakeholders in it … major companies who are running the infrastructure with us and who ultimately help to govern…

Read More

new video loaded: Why Are So Many Celebrities Co-Producing On Broadway?Barack Obama, Kim Kardashian and Bowen Yang have all signed on as co-producers of Broadway shows. Our theater reporter Michael Paulson explains why.By Michael Paulson, Haimy Assefa, Gabriel Blanco and Laura SalaberryMay 8, 2026

Read More