Intel stock slides on lower Q2 forecast

Yahoo Finance AU
Former RBA governor's bleak interest rate rise prediction
Philip Lowe warned the fight against inflation 'isn't done' yet.
GOBankingRates
In 5 Years, These 8 Stocks Will Be More Valuable Than Amazon
Amazon stock shares are up a whopping 76% in the past year, as of May 6. What's more, the company reported strong first quarter earnings on April 30, with operating income of $15.3 billion, according...
Yahoo Finance AU
RBA holds interest rates but Australia on cusp of ‘genuine recession’ after ‘rotten’ update
The Reserve Bank of Australia (RBA) has kept the cash rate on hold at a 12-year high of 4.35 per cent.
Reuters
Australia's ANZ unveils $1.3 billion buyback after half-year earnings meet estimates
(Reuters) -ANZ Group on Tuesday unveiled a new A$2 billion ($1.32 billion) share buyback after the bank's first-half cash earnings largely met analyst estimates, but flagged its concerns about challenges in Australian and global economies. Cash profit fell 7% to A$3.55 billion ($2.35 billion) for the six months ended March 31, only slightly above a Visible Alpha consensus estimate, compiled by UBS, of A$3.54 billion. "Both the domestic and international environments are expected to remain challenging across the remainder of the year," ANZ CEO Shayne Elliott said.
GOBankingRates
8 Purchases Boomers Should Never Make During Retirement
Once they retire, many seniors change their spending patterns quite a bit. There's nothing inherently wrong with this, as long as they remain within their retirement budget. See: The 4 Types of Bank...
Reuters
Westpac raises share buyback by $661 million even as costs and competition bite
(Reuters) -Australian bank Westpac raised its share repurchase programme by A$1 billion ($661 million) and declared a special dividend on Monday citing a strong balance sheet, even as its first-half profit fell 16% on tight competition and high costs. Traditionally beneficiaries of rising interest rates, the country's so-called Big Four lenders have spent the past year sacrificing margins to write new home loans and paying more to depositors, narrowing their closely watched "net interest margin". Westpac's net interest margin slipped to 1.89%, down 7 basis points from a year earlier, while net interest income remained largely flat at A$9.13 billion.
NCA NewsWire
‘Call us’: Major bank’s plea to homeowners
The chief executive of one of Australia’s biggest banks has laid bare the stress Aussie homeowners are going through.
Reuters
Trump Media dismisses auditor BF Borgers amid SEC fraud charges
Former U.S. President Donald Trump's media and technology company said it had replaced its auditor, BF Borgers, after the U.S. Securities and Exchange Commission (SEC) charged the accounting firm with "massive fraud" on Friday. Trump Media & Technology Group said in a filing with the SEC on Monday that it had switched to Semple, Marchal & Cooper on Saturday. The change was recommended and approved by the company's audit committee.
Simply Wall St.
There Are Reasons To Feel Uneasy About Intel's (NASDAQ:INTC) Returns On Capital
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
Simply Wall St.
Is BlueScope Steel Limited (ASX:BSL) Trading At A 38% Discount?
Key Insights Using the 2 Stage Free Cash Flow to Equity, BlueScope Steel fair value estimate is AU$36.31 BlueScope...
Simply Wall St.
Investors in Big River Industries (ASX:BRI) have seen notable returns of 90% over the past five years
It hasn't been the best quarter for Big River Industries Limited ( ASX:BRI ) shareholders, since the share price has...
Simply Wall St.
Three Leading Canadian Dividend Stocks With Yields Up To 5.5%
Amidst a backdrop of fluctuating inflation rates and cautious monetary policies, the Canadian market, like its U.S. counterpart, remains a focal point for investors seeking stability and potential growth. As recent economic indicators suggest ongoing uncertainty in rate cuts and inflation management, dividend stocks emerge as appealing options for those looking to generate steady income from their investments in these turbulent times.
BBC
Everton buyers accused of 'fraud' in court filing
Everton's prospective owners 777 Partners and the firm's co-owner Josh Wander are accused of fraud in a New York court.
Reuters
FOREX-Dollar soft on renewed Fed rate cut bets; yen on back foot
The dollar was a touch lower on Monday as a soft U.S. jobs report on Friday boosted wagers that the Federal Reserve may still cut rates multiple times this year, while the yen turned lower after last week's suspected intervention. The yen last week clocked its strongest weekly gain since early December 2022 following two bouts of suspected intervention from Tokyo to pull the currency away from a 34-year low of 160.245 per dollar. On Monday, the yen was lower, slipping 0.5% to 153.74 per dollar.
Simply Wall St.
Momentum Metropolitan Holdings Limited (JSE:MTM) On An Uptrend: Could Fundamentals Be Driving The Stock?
Momentum Metropolitan Holdings' (JSE:MTM) stock is up by 3.0% over the past month. Given that stock prices are usually...
Yahoo Finance AU
ATO reveals 3 areas it's cracking down on at tax time: 'Don't copy and paste'
Aussies have been warned to get it right the first time or face the consequences.
Simply Wall St.
Fugro N.V.'s (AMS:FUR) institutional investors lost 3.4% over the past week but have profited from longer-term gains
Key Insights Given the large stake in the stock by institutions, Fugro's stock price might be vulnerable to their...
Associated Press Finance
Former Starbucks CEO Schultz says company needs to refocus on coffee as sales struggle
Former Starbucks CEO Howard Schultz says the company’s leaders should spend more time in stores and focus on coffee drinks as they work to turn around flagging sales. In a LinkedIn post published over the weekend, Schultz said many people had reached out to him after Starbucks reported weaker-than-expected quarterly sales and earnings last week. The Seattle coffee giant said revenue dropped 2% in the January-March period as store traffic slowed around the world.
Yahoo Finance AU
RBA governor Michele Bullock's mistake before interest rate decision: 'Needs to fix this'
Michele Bullock needs to get to grips with the narrative surrounding interest rates as millions of struggling Aussies feel clueless about what 2024 will look like.
Simply Wall St.
RTX's (NYSE:RTX) Shareholders Will Receive A Bigger Dividend Than Last Year
The board of RTX Corporation ( NYSE:RTX ) has announced that it will be increasing its dividend by 6.8% on the 13th of...

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Intel stock slides on lower Q2 forecast

Latest stories

Former RBA governor's bleak interest rate rise prediction

In 5 Years, These 8 Stocks Will Be More Valuable Than Amazon

RBA holds interest rates but Australia on cusp of ‘genuine recession’ after ‘rotten’ update

Australia's ANZ unveils $1.3 billion buyback after half-year earnings meet estimates

8 Purchases Boomers Should Never Make During Retirement

Westpac raises share buyback by $661 million even as costs and competition bite

‘Call us’: Major bank’s plea to homeowners

Trump Media dismisses auditor BF Borgers amid SEC fraud charges

There Are Reasons To Feel Uneasy About Intel's (NASDAQ:INTC) Returns On Capital

Is BlueScope Steel Limited (ASX:BSL) Trading At A 38% Discount?

Investors in Big River Industries (ASX:BRI) have seen notable returns of 90% over the past five years

Three Leading Canadian Dividend Stocks With Yields Up To 5.5%

Everton buyers accused of 'fraud' in court filing

FOREX-Dollar soft on renewed Fed rate cut bets; yen on back foot

Momentum Metropolitan Holdings Limited (JSE:MTM) On An Uptrend: Could Fundamentals Be Driving The Stock?

ATO reveals 3 areas it's cracking down on at tax time: 'Don't copy and paste'

Fugro N.V.'s (AMS:FUR) institutional investors lost 3.4% over the past week but have profited from longer-term gains

Former Starbucks CEO Schultz says company needs to refocus on coffee as sales struggle

RBA governor Michele Bullock's mistake before interest rate decision: 'Needs to fix this'

RTX's (NYSE:RTX) Shareholders Will Receive A Bigger Dividend Than Last Year