Departing Intel CEO Gets $10 Million
The CEO who nearly ruined Intel will receive $10 million or more as he walks away. Is it too late to turn around the semiconductor maker?
All Work
Douglas A. McIntyre
GM’s Rapid Retreat From EV Market Gains Speed
General Motors has pulled out of one of its largest EV initiatives. GM may save some money now, but will it come to regret its decision?
Jeep and Chrysler Parent CEO Fired
After months of the company's poor U.S. performance, the CEO of Stellantis has been fired. Weak U.S. sales and a failure in the electric vehicle sector cost him his job.
Rivian and Lucid Face Falling Cash and Sales, According to Analysis
A Wall Street Journal analysis of America’s EV makers such as Lucid and Rivian concluded that their situation is deteriorating.
Nvidia’s Share Price Up 175% This Year
The S&P 500 is up 26% this year. Social media giant Meta Platforms (NASDAQ: META | META Price Prediction) has posted 62% growth on a remarkable surge in users and revenue. Neither is close…
Elon Musk’s Net Worth Up $100 Billion This Year
Elon Musk is not only the richest man on the Bloomberg Billionaire list, but his net worth has risen the most. At $334 billion, it is up $105 billion since January 1. Larry Ellison…
Black Friday Shopping Hits All Time Record
Anyone worried about the American consumer should be less anxious. Online buying for Black Friday set a new record. According to Adobe Analytics, which tracks over one trillion visits to retail sites, Black Frida…
GM Stock Plunges On Possible Tariffs
After the Trump Administration announced its decision to impose massive tariffs on goods from Mexico, Canada, and China, auto stocks took a beating. Mexico and Canada build cars and car parts for several manufacturers,…
Weakened Target Faces China Competition On Black Friday
Target (NASDAQ: TGT | TGT Price Prediction) has enough sales problems. Its stock was battered when it recently announced earnings and a poor forecast. This Black Friday, it faces the steepest competition in its…
Ford’s Stock 20% In Two Years
Ford’s (NYSE: F | F Price Prediction) stock has been down since its last earnings announcement, part of a long-term trend. Shares are down 20% in two years, while the S&P is up 50%…
Microsoft Weakened Stock Could Be Hit By Government Probe
Among the mega tech stocks, Microsoft (NASDAQ: MSFT | MSFT Price Prediction) has been unable to get on track this year. After a promising start, fueled by what was considered a top position in…
Rivian’s Loses Hit $19 Billion
The Department of Energy’s Advanced Vehicle Technology Manufacturing plans to loan small EV company Rivian Automotive (NASDAQ: RIVN) $6.6 billion. As part of an analysis of Rivian’s finances, as the announcement was made, The…
China Decision Could Badly Hurt Apple’s Sales
China sales are critical for Apple Inc.’s (NASDAQ: AAPL | AAPL Price Prediction) global revenue growth. It is the largest smartphone market, with about 950 million smartphone users. The number is about tripe, what…
Apple Losing Smartphone Race To Rival
One of the best ways to determine how well Apple Inc.’s (NASDAQ: AAPL | AAPL Price Prediction) iPhones are selling is to look at iOS’s proprietary operating system’s market share. Its only major global…
California Decision May Badly Dent Tesla Sales
California’s Governor, Gavin Newsom, says that the state will offer tax incentives for EV sales if the US government drops them. At this point, the industry believes President Trump will kill the federal government…
Bill Gates’s Net Worth Moves Back Above $160 Billion.
Microsoft (NASDAQ: MSFT | MSFT Price Prediction) co-founder and former CEO Bill Gates’s net worth has recently moved back above $162 billion. It was less than that for much of the year, probably because…
Lucid Stock Price Drops Below $2
Deeply troubled EV company Lucid Group’s (NASDAQ: LCID) stock price dropped below $2. It decreased 80% in the last two years, while the S&P 500 is 48% higher. Its latest collapse began early in…
Former Microsoft CEO Ballmer’s Net Worth Hits $145 Billion.
Unlike most of the world’s richest people, Steve Ballmer did not start a company or inherit money from a rich family. As an undergraduate at Harvard, he met Microsoft (NASDAQ: MSFT) co-founder and long-time…
King Charles’ Coronation Cost $91 Million
According to a Department for Culture, Media and Sport report, the Coronation of King Charles III and Queen Camilla cost about $63 million, and the Home Office spent another $28 million—the second sum was…
Mark Zuckerberg’s Net Worth Nears $200 Billion
According to the Bloomberg Billionaire list, riding Meta Platform’s (NASDAQ: META | META Price Prediction) surging share price, founder and CEO Mark Zuckerburg’s net worth is just shy of $200 billion. This moves him…