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- Intel shares drop 7% as turnaround efforts falter
Intel shares drop 7% as turnaround efforts falter
5 articles I'm watching carefully
Tyler Dupont ![]() Good morning 👋 Here's the latest news I'm tracking today. |
📈 Stocks / Finance
Intel shares drop 7% as turnaround efforts falter
Intel stock fell over 7% after CEO Lip-Bu Tan warned of 'no quick fixes' and forecasted job cuts. Q1 revenue hit $12.7B with an $821M loss. Manufacturing setbacks, AI weakness, and tariff pressures continue to weigh on Intel's recovery.
Analysts cautious on Palantir amid 22% stock rally
Palantir shares rose 22% this month, outperforming peers, but UBS maintained a neutral rating and $105 target, citing risks from U.S. government spending cuts. 55% of Palantir’s revenue comes from government contracts, heightening exposure.
Buffett Endorses Vanguard Fund for Long-Term Growth
Warren Buffett advocates for investing in the Vanguard S&P 500 ETF (VOO), citing America's long-term corporate strength. A $300 monthly investment could grow to $1M over 35 years at a 10% average annual return, leveraging compounding and market resilience.
🪙 Crypto
Trump-Backed WLF Partners with Pakistan to Boost Blockchain Adoption
World Liberty Financial signed a Letter of Intent with Pakistan Crypto Council to drive blockchain and DeFi innovation. Pakistan plans full crypto legalization, aiming to expand stablecoin use, DeFi protocols, and Web3 development across its young population.
🌎 Global Economy
IMF Cuts Global Growth Forecast Amid Tariff Uncertainty
The IMF warned that rising tariffs have triggered a negative supply shock, slashing its global trade growth forecast by 1.5%. The agency predicts a 'significant slowdown' in the near term, citing heightened uncertainty and declining productivity.
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