Intuit to lay off 1,800 amid location shuffle and AI investment
The tax-software company said it’s identified 1,050 employees who are “not meeting expectations.” Source link
AMD boosts its AI strategy with $665 million purchase of a Europe-based AI lab
AMD’s stock rallied Wednesday after the chip maker moved to advance its artificial-intelligence strategy by purchasing what it called Europe’s...
Walmart to open five automated distribution centers
Automated distribution centers for Walmart grocery business.Courtesy: WalmartWalmart said Wednesday that it will open five automated distribution centers for fresh...
Macy’s plans first-ever ‘All-Star Week’ for loyalty members as it squares up against rivals
Macy’s Inc. said Wednesday that it’s planning its first-ever All-Star Week, an event running from July 16 through July 23...
Pelosi refuses to say she supports Biden as the Democratic nominee
Rep. Nancy Pelosi, D-Calif., talks with reporters in the U.S. Capitol about the presidential debate between President Joe Biden and...
Manchester United’s losses jump and revenue falls with fewer games played
Shares of Manchester United fell Wednesday after the U.K.-based soccer club reported a big jump in fiscal third-quarter losses and...
Mortgage refinance demand drops with homeowners sitting on huge equity
Thianchai Sitthikongsak | Moment | Getty ImagesThe recent run-up in home prices, a staggering increase of more than 40% from...
Fear of missing out could spark a parabolic melt-up. This manager likes Nvidia and some non-tech plays.
Jim Worden, chief investment officer of the Wealth Consulting Group, is watching out for a lot of money to go...
These bank stocks are cheap and expected to rally
These bank stocks are cheap and expected to jump, according to CNBC Pro. The banking industry is in focus ahead...
Yields edge lower as traders eye Powell, CPI, auction
Bond yields edged lower Wednesday, as investors prepare for vital inflation data as Fed Chair Jerome Powell appears on Capitol...
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