[ad_1] Today at a private GlobalFoundies event, CEO Tom Caulfield, accompanied by Senate Majority Leader Chuck Schumer, announced that the company is ready to grow. At the heart of this new initiative is the doubling of Fab 8, GF’s main manufacturing facility, at a cost of around $ 1 billion. Accompanied by this is the … Read more
[ad_1] You would think that with the major stock indexes doing so well in 2021, after what may have been surprising gains in 2020, investors would be in a very good mood. But check out this July 19 Twitter post: Tobias Carlisle was referring to CNN’s Fear & Greed Index which fell to 17 later … Read more
[ad_1] Major cryptocurrencies by market value, including bitcoin and ether, remain in the red on Monday, extending losses from last week. Dogecoin has also fallen over 18% in the past seven days. But there is still a lot going on in the crypto world. From Jack Dorsey announcing that Square is building a decentralized bitcoin-focused … Read more
[ad_1] The Robinhood logo displayed on a mobile phone.Photo: Olivier Douliery / AFP (Getty Images) Robinhood, the very popular scholarship app that made it easy to throw fistfuls of money on memes stocks while on occasion locking those users out of trades on a whim, is ready to cash it big. According to a updated … Read more
[ad_1] Employees work in the cargo hold of a Boeing 737 MAX 9 test aircraft outside the company’s plant March 14, 2019 in Renton, Washington. Stephen Brashear | Getty Images News | Getty Images Find out which companies are making the midday headlines. Delta, United, American Airlines – Airlines shares fell in tandem as concerns … Read more
[ad_1] Growing worries about inflation and the resurgence of COVID-19 infections among unvaccinated, unvaccinated Wall Streets, major benchmarks suffering their worst declines since May, even as quarterly profits continue to reflect a strengthening rebound economic. This week’s revenue bundle will feature industry leaders like Netflix (NFLX) and Johnson & Johnson (JNJ), providing a more complete … Read more
[ad_1] By STAN CHOE, AP Business Writer NEW YORK – Concerns over the resurgent pandemic push Wall Street shares in Sydney down on Monday, fueled by fears that faster-spreading variants of the virus could upend the strong economic recovery. The S&P 500 was down 1.5% at midday, after setting a record a week earlier. In … Read more
[ad_1] Velodyne, a leading manufacturer of laser lidar sensors, has announced the resignation of CEO Anand Gopalan. The news comes as the sensor company is embroiled in a bitter war between its founder, David Hall, and the company’s board of directors. Gopalan, who was previously CTO of Velodyne before taking the reins of Hall in … Read more
[ad_1] Arianna Simpson, 30, is promoted to sponsor at Andreessen Horowitz. Source: Andreessen Horowitz Andreessen Horowitz Adds Leading New Partner to Help Deploy His $ 2.2 Billion Cryptocurrency Fund. Arianna Simpson, 30, is promoted to a general partner to business partner about a year after arriving, the company said on Monday. Simpson has become somewhat … Read more
[ad_1] Last week, Virgin Galactic took Richard Branson beyond the edge of space, about 86 miles high, in a new space race with Amazon billionaire Jeff Bezos, which aims to take a similar journey. Tuesday. The two very wealthy businessmen hope to significantly increase the number of people in space. “We’re here to make space … Read more