Dado Ruvic/Reuters Intel’s shares plunged 25% in pre-market trading on Friday after the chip maker warned that it would burn cash this year. It cited a faltering PC market, manufacturing bottlenecks and heavy spending on expanding production. Like many other big tech companies, Intel has been pouring money into manufacturing. But supply disruptions have limited…
The Huawei logo at the World Artificial Intelligence Conference in Shanghai in July 2026. Go Nakamura/Reuters China’s Huawei Technologies reported a 36% plunge in first-half net profit on Monday as soaring input costs and heavier spending on research and development outweighed revenue growth. The Shenzhen-based tech and telecoms giant said net profit for January to…
A loaded ghost gun was recovered at the scene of a deadly Seattle shooting over the weekend, police said Tuesday as they continue to search for a possible third suspect. The weapon was found on a 15-year-old who is suspected of being one of the shooters at the Bite of Seattle food festival Sunday, where…
Seattle police say they now believe at least three people were involved in a fatal shooting at a food festival on Sunday. Police initially said two suspects were thought to have been shooting at each other at the annual Bite of Seattle food festival at the Space Needle – one of the city’s most popular…
South African investors poured R179-million in just two days into SpaceX when it hit the public markets last week, with EasyEquities data revealing a frenzy of activity that has already made the stock the platform’s second-largest US dollar holding after Tesla. Retail investors moved fast when SpaceX began trading. On the first day, Friday, 12…
Johannesburg — The 12th South African AIDS Conference opened this week at Emperor’s Palace in Gauteng, South Africa, as pressure mounted on health systems in the host country and the region. The conference, which runs from September 8-11, drew about 1,400 delegates under the theme Unite for Change, Empower Communities and Redefine Priorities for HIV/AIDS….
The Porsche brand logo as lettering can be seen on the rear of a vehicle from the sports car manufacturer Porsche in Munich (Bavaria) on April 6, 2025. Picture Alliance | Picture Alliance | Getty Images Luxury carmaker Porsche will soon drop out of Germany’s blue-chip DAX index following a protracted share price slump, as…
A sign marks the location of a Honda dealership in Libertyville, Illinois, on Dec. 18, 2024. Scott Olson | Getty Images Japanese auto giant Honda‘s first-quarter operating profits fell 50% year over year on Wednesday, missing estimates due to U.S. auto tariffs and a stronger yen. Here are Honda’s results compared with the mean estimates…
New Ram vehicles sit on a Dodge Chrysler-Jeep Ram dealership’s lot in Miami, Florida. Joe Raedle | Getty Images Auto giant Stellantis expects a net loss of 2.3 billion euros ($2.68 billion) in the first half of the year amid pre-tax net charges and early effects of U.S. tariffs, the company said Monday in its…
