Lisa Su, president and chief executive officer of Advanced Micro Devices Inc. (AMD). Bridget Bennett | Bloomberg | Getty Images AMD and Intel are fierce competitors in a difficult market for chips, but one has a much brighter short-term outlook than the other. While Intel is expecting declines across the …
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Mass layoff headlines keep piling up, and workers are understandably spooked. The labor market has been tight for the majority of the pandemic, with millions more job openings than people available to fill them, and recruiters going to the extreme to court high-earning workers in tech, finance and real estate. …
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Snapchat founder and CEO Evan Spiegel attends a session during the Viva Technology show in Paris on June 17, 2022. Eric Piermont | AFP | Getty Images Snap shares slid more than 14% in extended trading on Tuesday after the social media company reported fourth-quarter revenue that trailed analysts’ estimates. …
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Andrew Bosworth AKA Boz, an advertising expert for Facebook, gives a talk at the Online Marketing Rockstars marketing trade show in Hamburg, Germany, 03 March 2017. Photo: Christian Charisius/dpa | usage worldwide (Photo by Christian Charisius/picture alliance via Getty Images) Christian Charisius | picture alliance | Getty Images Meta technology …
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Sam Altman, CEO of OpenAI, walks from lunch during the Allen & Company Sun Valley Conference on July 6, 2022, in Sun Valley, Idaho. Kevin Dietsch | Getty Images News | Getty Images Artificial intelligence research startup OpenAI on Tuesday introduced a tool that’s designed to figure out if text …
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HELOC use rose as cash-out refis dropped Last year, as mortgage rates climbed higher, accessing home equity by taking cash against it during refinancing (a so-called cash-out refi) became less appealing. Rates on mortgages went from close to 3% at the beginning of 2022 to a peak of above 7% …
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Brine pools at the Albemarle Corp. Lithium mine in Calama, Antofagasta region, Chile, on Tuesday, July 20, 2021. Cristobal Olivares | Bloomberg | Getty Images General Motors’ announcement on Tuesday that it plans to invest $650 million into Lithium Americas to secure access to lithium is probably the first of many such …
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General Motors CEO Mary Barra speaks to reporters while she waits for the arrival of President Joe Biden at media day of the North American International Auto Show in Detroit, Michigan, September 14, 2022. Rebecca Cook | Reuters Check out the companies making headlines in midday trading Tuesday. General Motors …
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Traffic passes around the Old Street roundabout, also referred to as “Silicon Roundabout,” in the area known as “Tech City” in London, U.K. Chris Ratcliffe | Bloomberg | Getty Images Tech Nation, the U.K. startup accelerator program, is set to close its doors after failing to renew its funding from …
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Shoppers in San Francisco on Dec. 21, 2022. David Paul Morris | Bloomberg | Getty Images Months of high inflation have weighed heavily on households. As of December, 64% of Americans were living paycheck to paycheck, according to a recent LendingClub report — up from 61% a year earlier and in line …
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