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Intel has launched a new feature designed to make overclocking more straightforward. Called the "Intel Performance Maximizer," the tool examines your processor's individual settings, then uses what Intel calls "hyper-intelligent automation" to tweak them for a performance boost.
Anadarko Petroleum's (APC) FID decision on Mozambique's first onshore LNG facility will boost economic development of the African nation.
(Bloomberg) -- Dell Technologies Inc., HP Inc., Intel Corp. and Microsoft Corp. are joining forces to oppose President Donald Trump’s proposed tariffs on laptop computers and tablets among $300 billion in Chinese goods targeted for duties.The companies submitted joint comments opposing the tariff escalation, saying it would hurt consumer products and industry, while failing to address China’s trade practices. The tariffs are poised to hit during the peak holiday and back-to-school sales period, they said.“The tariffs will harm U.S. technology leaders, hindering their ability to innovate and compete in a global marketplace,” the companies said in comments posted online.Dell, HP, and Microsoft said they account for about half of the notebooks and detachable tablets sold in the U.S. Prices for laptops and tablets will increase by at least 19% -- about $120 for the average retail price of a laptop -- if the proposed tariffs are implemented, according to a study released this week by the Consumer Technology Association.The companies said they spent a collective $35 billion on research and development in 2018 alone, and tariff costs would divert resources from innovation while providing “a windfall” to manufacturers based outside the U.S. that are less dependent on American sales.The Trump administration is considering public comments on the proposed duties and hearing testimony from more than 300 U.S. companies and trade groups through June 25. The tariffs could be imposed after a rebuttal period ends July 2.The U.S. and China said their presidents will meet in Japan next week to relaunch trade talks after a month-long stalemate.To contact the reporter on this story: Mark Niquette in Columbus at firstname.lastname@example.orgTo contact the editors responsible for this story: Sara Forden at email@example.com, Sarah McGregor, Robert JamesonFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Hewlett Packard's (HPE) new intelligent platform will help businesses by delivering autonomous, self-managing data storage, and accelerate application performance.
Dell Technologies (DELL) has big dreams to continue growing its sales and generating profits, which it could use to reinvest in driving more growth and rewarding shareholders through dividend payments and share repurchases, as its information technology peers such as Microsoft (MSFT) have been doing. Microsoft announced recently that it will pay its shareholders a quarterly dividend of $0.46 per share on August 15.
US equity markets rallied yesterday, and the S&P 500 (SPY) gained almost 1.0%. Markets have now largely recouped their May losses. Along with the dovish stance taken by European Central Bank President Mario Draghi, positive comments on US-China trade talks lifted markets yesterday.
President Trump’s tweet about the upcoming meeting with Chinese President Xi Jinping helped boost market sentiments yesterday. Qualcomm (QCOM), Intel (INTC), and Advanced Micro Devices (AMD) rose 4.1%, 2.7%, and 4.3%, respectively.
When Donald Trump was elected as the US President in 2016, we saw a sharp rally in some stocks, especially in the metals and mining space. Trump’s pro-growth policies and trillion-dollar infrastructure plans were expected to lift US metal consumption.
If the Fed doesn't signal significant easing ahead, the markets could nosedive. Many analysts agree that the markets might be overpricing the Fed's rate cuts this year.
The Zacks Analyst Blog Highlights: Broadcom, Amgen, NVIDIA, Bristol-Myers and Restaurant Brands
Broadcom (AVGO) slashed its full-year fiscal 2019 revenue guidance for its Semiconductor Solutions segment by 10%, or $2 billion, dampening hopes of a revival in the second half. However, the company experienced strong demand in its networking business and expects revenue in this segment to grow in the double digits in fiscal 2019.
Apple (AAPL) seems to be exploring options to partially move its iPhone and other product manufacturing out of China. Apple wants to move ~15%–30% of its production out of China.
Cenovus Energy's (CVE) prospects are impressive, given new growth projects and increasing efficiency. However, balance sheet weakness and other challenges are affecting the stock.
US markets rose sharply yesterday, and the NASDAQ Composite (QQQ) rose 1.4%. Semiconductor stocks were among the biggest gainers. NVIDIA (NVDA), Advanced Micro Devices (AMD), Broadcom (AVGO), and Intel (INTC) rose 5.4%, 4.3%, 4.5%, and 2.7%, respectively.
NVIDIA's (NVDA) partnership with Volvo will help it to expand presence, and improve competitive prowess against Intel, Qualcomm and DXC in the autonomous vehicle market.
NVIDIA (NVDA) stock rose as much as 7% on June 18 after it announced a long-term partnership with the world’s second-largest truck maker, Volvo, to supply AI systems for its self-driving commercial trucks. Volvo will first pilot NVIDIA’s flexible, scalable autonomous driving system and later use the system in its commercial offerings.
We saw a sharp rally in US markets yesterday. The S&P 500 (SPY) gained almost 1.0%. European Central Bank President Mario Draghi hinted at more stimulus amid the region’s sagging economic growth. While the move lifted markets, President Trump wasn’t very happy.