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☆ How former Slack and Twitter executive April Underwood used angel investing to create a career in venture capital
▼ + stars: | 2024-05-06 | by ( Leena Rao | ) www.businessinsider.com time to read: +5 min

That entrepreneurial, technology-focused spirit has driven Underwood to an illustrious career at some of the industry's biggest companies, including Google, X, Slack, and Intel. As she built products at these tech giants, Underwood quietly invested in over 50 startups, including the genetics-testing unicorn Color and the cap-table giant Carta. Underwood began investing while at X, then called Twitter, where she was the company's director of product. Shortly after, #Angels was born, the investment collective cofounded by Underwood, Verrilli, Jana Messerschmidt, Chloe Sladden, Katie Stanton, and Vijaya Gadde. Since 2015, the group has backed over 100 startups, including Forward, Clubhouse, Instacart, Material Security, and Airtable.

Persons: Underwood, she'd, Slack, Jessica Verrilli, who'd, Stewart Butterfield, Cal Henderson, Ev Williams, Jack Dorsey, Verrilli, Jana Messerschmidt, Chloe Sladden, Katie Stanton, Vijaya Gadde, you've, I've, they've Organizations: Amarillo College, Business, Google, Intel, GV, Cue, Twitter, Health, Security, Slack Locations: Amarillo , Texas, Amarillo, Termina, San Francisco

☆ How previous investing mistakes are shaping my thinking on the latest stock gone wrong
▼ + stars: | 2024-05-05 | by ( Jim Cramer | ) www.cnbc.com time to read: +19 min

Three times a day we would gather "off the desk," and I would have to defend every stock we owned. First, there's the obvious mistakes that we have made: Bausch Health and Foot Locker . To signify the changes, he renamed it Bausch Health in 2018, after the eye-care company Valeant bought for $8.7 billion five years earlier. We thought the IPO market would come back, and Bausch Health would win the lawsuit and all would be back on track. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jeff Marks, Karen Cramer, Cramer, Karen, Max Palevsky, It's, Joseph Papa, Clint Eastwood, Papa, Jim Cramer, Valeant, Bausch, Locker, Mary Dillon, Dillon, Wall, Emerson, Cristiano Amon, Laxman Narasimhan, Howard Schultz, Narasimhan, Benckiser, Kevin Johnson, Schultz, Johnson, it's, —, Foot Locker, Jim Cramer's, Jim Organizations: Cramer &, Intel, Charitable Trust, Co, Starbucks, Bausch Health, Pharmaceuticals, Perrigo, Health, Norwich Pharmaceuticals, Former, Emerson Electric, Qualcomm, National, Eaton Corp, Broadcom, Palestine, PepsiCo, Nestle, Elliott Management, Emerson, CNBC, Getty Locations: China, —, Israel, U.S, BHC, FL, Jinan, East China's Shandong province

☆ How Nvidia is dominating an AI-obsessed earnings season without even reporting yet
▼ + stars: | 2024-05-05 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

Nvidia is dominating earnings season, and it hasn't even reported results yet. Other mega-cap tech giants have been mentioning on earnings calls that they're boosting investment in AI infrastructure. AdvertisementThe company is gearing up for the release of its next-generation AI chip, named Blackwell, later this year. Nvidia has competition, but it still dominatesRecent earnings results from Nvidia's rival, AMD, suggest that most of this business is going to Nvidia and not its competitors. AdvertisementInvestors will have to wait until after the market close on May 22 to hear what Nvidia's earnings results actually are.

Persons: Blackwell, Elon Musk, We've, Musk, Tesla, Meta, Yann LeCun, John Werner, Brian Olsavsky Organizations: Nvidia, Microsoft, Tesla, Meta, UBS, Blackwell, AMD, Intel, Gaudi Locations: Meta

☆ China is building a huge network of satellites that could be used against US troops: intel chief
▼ + stars: | 2024-05-03 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

China has developed a large network of military satellites. AdvertisementChina has developed a network of hundreds of military satellites that could be used to target US troops, a Pentagon official warned. Maj. Gen. Greg Gagnon, deputy chief of space operations for intelligence, told a conference on Thursday that China had developed a sophisticated military satellite program. He said it could be used to track and target US troops moving to defend Taiwan, Defense One reported. "For the first time in decades, US leadership in space and space technology is being challenged," Meink added.

Persons: —, Greg Gagnon, Gagnon, we're, America —, Troy Meink, Space.com, Meink Organizations: Pentagon, Service, Defense, National Reconnaissance Office Locations: China, Taiwan, America, Colorado

A handful of stocks are entering or about to enter the worrisome so-called death cross. A death cross can also be indicative of a forthcoming bear market pattern. Intel Intel disappointed Wall Street's first-quarter expectations last week, when it posted a beat in earnings per share but came up light in revenue. McDonald's McDonald's has also drawn a death cross. CVS Health Unlike the other two names, CVS Health is nearing a death cross.

Persons: Wall Street's, Goldman Sachs, Toshiya Hari, McDonald's, Kevin Caliendo, Caliendo Organizations: Intel, CNBC, Intel Intel, Nvidia, CVS Health, CVS, UBS Locations: Gaza, mgt

☆ It's likely only a matter of time until Russia captures a key town in Ukraine, intel chief says
▼ + stars: | 2024-05-03 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +4 min

Ukraine is likely to lose the key eastern town of Chasiv Yar to Russia, a top intelligence official said. AdvertisementUkraine likely faces the approaching loss of a key eastern town to Russia, one of the country's top intelligence officials said. Much of the town in question, Chasiv Yar, is little more than rubble after more than a year of bombardment. BAKHMUT, UKRAINE - SEPTEMBER 27: An aerial view of the city of Bakhmut totally destroyed from heavy battles on September 27, 2023 in Bakhmut, Ukraine. AdvertisementWhile Chasiv Yar holds, Russia has carved a salient about 25 miles to the southwest in the village of Ocheretyne.

Persons: Chasiv Yar, Chasiv, —, Vadym Skibitsky, Bakhmut, Serhiy Hrabsky, Vladimir Putin's, Skibitsky, Avdiivka, Putin Organizations: Service, Ukraine Patrol Police, AP, Russia, New York Times, Russian, Ukrainian, Libkos, Pentagon, Economist Locations: Ukraine, Chasiv, Russia, Donetsk, Chasiv Yar, Bakhmut, Luhansk, BAKHMUT, UKRAINE, Ocheretyne, Russian, Beijing

☆ Houthi rebels are going to keep lobbing missiles at ships in the Red Sea 'for some time,' US intel chief says
▼ + stars: | 2024-05-03 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Read previewFor months, the Houthis have relentlessly fired missiles and drones at merchant and Western naval vessels in key Middle Eastern waterways. The US and UK militaries have carried out several rounds of joint strikes targeting Houthi facilities across Yemen. On a far more frequent basis, however, American forces have carried out unilateral, preemptive strikes targeting drones or missiles before the rebels can fire them at nearby ships in the Red Sea and Gulf of Aden. A commercial ship in the Red Sea in March. Beyond going after ships in the Red Sea and Gulf of Aden, the Houthis, as part of Iran's broader proxy network that spans the region, have also launched missiles at Israel.

Persons: —, National Intelligence Avril Haines, Haines, Abdul Malik al, Houthi, it's, Virginia Sen, Tim Kaine Organizations: Service, Business, National Intelligence, Armed Services, AP, Department of Defense, US, Command Locations: Iran, Yemen, Israel, Gaza, Sanaa, Tehran, Gulf of Aden, Red

☆ The US could have to deal with both Russia and China if it ends up at war with one of them, top intelligence officials say
▼ + stars: | 2024-05-03 | by ( Chris Panella | ) www.businessinsider.com time to read: +3 min

If the US goes to war with Russia or China, it could have to deal with both adversaries at once, US intel leaders warn. Russia and China have developed what they call a "no limits" partnership. The two also conducted a joint military exercise near Taiwan for the first time, per a US official. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIn the event of a conflict with either Russia or China, US forces may find themselves dealing with both adversaries due to their "cooperative" partnership, according to recent warnings from top US intelligence officials.

Persons: —, Avril D, Haines, Jeffrey A, Kruse, " Kruse Organizations: intel, Service, Defense Intelligence Agency, Department of Defense, Pentagon Locations: Russia, China, Taiwan, relook, Ukraine

☆ Russia's pulling its aircraft away from the front lines as Ukraine hits air bases with deep strikes, Western intel says
▼ + stars: | 2024-05-03 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Ukrainian forces used drones to attack an airfield deep inside Russia last month. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementRussia has pulled dozens of aircraft away from the front lines in response to a massive Ukrainian drone attack on a military base deep behind enemy lines, according to new Western intelligence. The late-April attack was not the first time Ukrainian deep strikes have forced Russia to relocate its vulnerable assets. Even before the Kushchyovskaya strike, Ukraine has tried going after Russia's airbases in an apparent bid to stomp out the glide-bomb threat.

Persons: —, Sukhoi Su, Maxim, Russia's Su, ALEXANDER NEMENOV Organizations: Service, Sukhoi, International Army, REUTERS, Ukraine, Victory Day, Getty, Kyiv Locations: Russia, Ukraine, Ryazan, Ukrainian, Crimean, Russian, Moscow, AFP

☆ AMD's data center business grew 80% but the stock is down
▼ + stars: | 2024-04-30 | by ( Kif Leswing | ) www.cnbc.com time to read: +2 min

AMD reported first-quarter earnings and sales on Tuesday that were slightly ahead of Wall Street expectations, and provided an in-line forecast for the current quarter. AMD said its closely-watched Data Center segment grew 80% on a year-over-year basis to $2.3 billion thanks to sales of its MI300 AI chip, which competes with Nvidia's AI graphics processors. AMD said it had sold over $1 billion of the AI chips since it launched in the fourth quarter of 2023. AMD also makes central processors which are often paired with advanced AI chips in servers. AMD reported $1.4 billion in first-quarter sales, a 85% annual increase, suggesting that last year's PC slump is over.

Persons: Lisa Su, Su Organizations: AMD, Wall, Revenue, Intel Locations: Las Vegas , Nevada, U.S

☆ Earnings reports have sparked big swings for tech stocks. Here's what chart experts are watching
▼ + stars: | 2024-04-29 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +4 min

A whirlwind earnings week saw traders jumping in and out of some of the biggest stocks in the market. For example, shares of Meta Platforms fell 10.6% on Thursday after earnings beat expectations, but revenue guidance was weak . On a chart, those big post-earnings moves can leave "gaps" that may become a key area to watch going forward. What's next for Meta Meta looks like a potential example of the gap being filled after its sharp drop on Thursday. A macro view The big moves by tech giants this past week could make index-level trades a bit tricky.

Persons: John Butters, Katie Stockton, Stockton, What's, …, Frank Gretz, Wellington Shields, Gretz, Larry Benedict, Benedict Organizations: Meta, CNBC, Nvidia, Wellington, Intel, Microsoft Locations: FactSet

☆ Intel's traditional business hasn't grown fast enough to cover its manufacturing costs: Chris Caso
▼ + stars: | 2024-04-26 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIntel's traditional business hasn't grown fast enough to cover its manufacturing costs: Chris CasoChris Caso, Wolfe Research senior analyst, joins 'Squawk Box' to discuss Intel's quarterly earnings results, the company's weak guidance, semiconductor production outlook, and more.

Persons: Chris Caso Chris Caso Organizations: Wolfe Research

☆ Monday’s rapid fire: Chevron, Snap, Intel, Abbvie and Colgate
▼ + stars: | 2024-04-26 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMonday’s rapid fire: Chevron, Snap, Intel, Abbvie and ColgateJim Cramer offers his take on companies outside the CNBC Investing Club’s portfolio.

Persons: Colgate Jim Cramer Organizations: Chevron, Intel, Colgate, CNBC

☆ Ben Reitzes shares the bull case for Intel following quarterly results
▼ + stars: | 2024-04-26 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBen Reitzes shares the bull case for Intel following quarterly resultsBen Reitzes, Melius Research, joins 'Fast Money' to talk the bull case for Intel after the company reported weaker-than-expected demand.

Persons: Ben Reitzes Organizations: Intel

☆ Intel used to dominate the U.S. chip industry. Now it's struggling to stay relevant
▼ + stars: | 2024-04-26 | by ( Kif Leswing | ) www.cnbc.com time to read: +16 min

David Paul Morris | Getty Images News | Getty ImagesThe iPhone could have had an Intel chip inside. It would've made sense to use Intel chips, which ran on the best desktops at the time, including Apple's Macs. Braithwaite, who worked at Intel in the 1980s, said Intel's process engineers were the company's "crown jewels." Intel doesn't have a GPU competitor to Nvidia's AI accelerators, but it has an AI chip called Gaudi 3. For comparison, AMD expects about $2 billion in annual AI chip revenue.

Persons: Pat Gelsinger, Seth Wenig, Gelsinger, Biden, Nicholas Braithwaite, Akshara Bassi, It's, Steve Jobs, David Paul Morris, Apple, Paul Otellini, Walter Isaacson's, Otellini, Isaacson, Jobs, Apple didn't, Apple —, TSMC, Mikako Kitagawa, Joe Biden, Brendan Smialowski, Braithwaite, Gordon Moore, Moore's, Brian Krzanich, 7nm —, TSMC didn't, Jensen Huang, Josh Edelson, OpenAI, Gaudi, Intel's, it's, Bassi, CNBC's Jon Fortt Organizations: Intel, Taiwan Semiconductor Manufacturing Company, Nvidia, Micro Computer, Qualcomm, Broadcom, Texas Instruments, AMD, Apple, Celesta, Meta, Microsoft, Getty, Samsung, Gartner, Asus, AFP, Semiconductor, Engineers, SAP Center, Afp, Companies, Blackwell, Habana Labs, Gaudi, FactSet, U.S Locations: New York, American, U.S, Chandler , Arizona, California, San Jose , California, Taiwan, Columbus , Ohio

☆ Here are Friday's biggest analyst calls: Nvidia, Microsoft, Alphabet, Apple, Snap, Intel, Western Digital and more
▼ + stars: | 2024-04-26 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Here are Friday's biggest calls on Wall Street: Bank of America reiterates Alphabet as buy Bank of America said it is sticking with its buy rating on Alphabet following earnings Thursday. Deutsche Bank reiterates Snap as buy Deutsche Bank said it is sticking with its buy rating on the stock following earnings on Thursday. " Goldman Sachs reiterates Intel as sell Goldman Sachs said it is standing by its sell rating on Intel shares following earnings Thursday. Benchmark upgrades Western Digital to buy from hold Benchmark upgrades Western Digital following the company's "major upside" earnings report. Bank of America reiterates Nvidia as buy Bank of America said Nvidia remains a top idea at the firm.

Persons: Goldman Sachs, prioritization, Maxim, Bank of America downgrades Hertz, Raymond James, Knight, Morgan Stanley downgrades Mobileye, Morgan Stanley, Piper Sandler, Wells, Dow Organizations: Bank of America, Deutsche, Deutsche Bank, Microsoft, Intel, TAM, Apple, Barclays, Enphase Energy, Digital, " Bank of America, Sonic Automotive, underperform Bank of America, Underperform, of America, Nvidia, AMD, MU, Caterpillar, Air Defense, Swift Transportation, EPAM, IT Services, Materials, Compass Minerals, JPMorgan, Dow, Teledyne, HSBC Locations: China, underperform, Israel

☆ Why chipmakers are the stars of the week, plus Cramer's read-through on 3 reports
▼ + stars: | 2024-04-26 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Best in months: The S & P 500 and Nasdaq are both higher on Friday, on pace for their best weeks since November. The gains break a three-week losing streak for the broad-based S & P and four straight losing weeks for the tech-heavy Nasdaq. About 46% of the S & P 500 has reported earnings so far, with nearly three quarters beating consensus expectations, according to FactSet. Earnings ahead : The busiest week of the first-quarter earnings season is coming up. But the company will still be buying back stock ahead of better times."

Persons: Jim Cramer, there's, Grace Hopper Superchip, Sanjay Mehrotra, Lam, Sanjay, we'll, Dow, Dupont, Jim Cramer's, Jim, Milton J, Kevin Lamarque Organizations: CNBC, Nasdaq, Microsoft, Intel, Nvidia, Micron, Lam Research, Apple, Coterra Energy, Starbucks, DuPont, Jim Cramer's Charitable, Micron Technology, Rubenstein Museum of Science, Technology Locations: Chevron, Devon, Syracuse , New York, U.S

☆ Stocks making the biggest moves midday: Microsoft, Alphabet, Exxon Mobil, Snap and more
▼ + stars: | 2024-04-26 | by ( Hakyung Kim | ) www.cnbc.com time to read: +3 min

Earnings of $1.89 per share beat the $1.51 in earnings per share anticipated by analysts polled by LSEG. Exxon Mobil — The energy stock fell more than 2% after Exxon Mobil posted first-quarter adjusted earnings that missed analysts' forecasts. Revenue of $83.08 billion topped estimates of $78.35 billion. ResMed — Shares soared 17% after fiscal third-quarter results topped analysts' estimates. Snap — Shares soared 28% after the social media company posted adjusted earnings and revenue that defied analysts' expectations, per LSEG.

Persons: FactSet, LSEG, Skechers, Roku, Rowe Price, —, Samantha Subin, Alex Harring, Lisa Kailai Han, Sarah Min Organizations: Microsoft —, Google, LSEG, Exxon Mobil, Intel, Revenue, Charter Communications, Technologies, Management Locations: LSEG .

☆ Stocks making the biggest moves premarket: Alphabet, Microsoft, Intel, Snap and more
▼ + stars: | 2024-04-26 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

Earnings of $1.89 per share topped the $1.51 in earnings per share anticipated by analysts polled by LSEG. Revenue of $80.54 billion topped expectations of $78.59 billion. Revenue of $83.08 billion topped estimates of $78.35 billion. Otherwise, Chevron's earnings of $2.93 per share topped the consensus estimate of $2.87 in earnings per share. Charter Communications — The broadband and cable provider dropped 3.4% after first-quarter earnings came in weaker than anticipated.

Persons: Snap's, Chevron's, LSEG, AutoNation, AbbVie, Skechers, FactSet, — CNBC's Michelle Fox, Alex Harring, Tanaya Macheel, Jesse Pound Organizations: Microsoft, LSEG, Intel —, Intel, Exxon Mobil, Chevron, Colgate, Palmolive, Revenue, Charter Communications, Charter Locations: LSEG .

☆ Jim Cramer's quick thoughts on 5 stocks: Chevron, Snap, Intel, AbbVie and Colgate
▼ + stars: | 2024-04-26 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +1 min

Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. "I've been itching to buy Devon " again for the CNBC Investing Club portfolio . Snap : The social media company reported a much better-than-expected quarter with higher revenue and active users. Colgate-Palmolive : The consumer products giant had a strong quarter with organic sales up 9.8% and a full-year sales guidance raise. I admit that," Cramer said, referring to Procter & Gamble , which is a stock owned by the Investing Club.

Persons: Jim Cramer's, Jim Cramer, Cramer, Chevron, Botox, Colgate, — Organizations: CNBC, Club, Chevron, Intel, Colgate, Palmolive, Procter, Procter & Gamble, Investing Locations: Devon

☆ Intel shares fall after providing weak forecast for the current quarter
▼ + stars: | 2024-04-25 | by ( Kif Leswing | ) www.cnbc.com time to read: +2 min

Intel reported first-quarter earnings on Thursday that beat Wall Street expectations for earnings per share, but came up light in sales. Intel gave a weak forecast for the current quarter. That forecast compares to analysts' expected earnings per share of 25 cents, on $13.57 billion in sales. In the first quarter, Intel reported a net loss of $400 million, or 9 cents per share, versus a net loss of $2.8 billion, or 66 cents per share, last year. Intel said last month that it had reported a $7 billion operating loss in its foundry in 2023.

Persons: Pat Gelsinger Organizations: Intel, Summit, Revenue, Intel Foundry, Intel's Foundry, Intel's, Data Center, Nvidia, Gaudi Locations: Washington ,

☆ Bernstein's Stacy Rasgon previews Intel shares ahead of earnings
▼ + stars: | 2024-04-25 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBernstein's Stacy Rasgon previews Intel shares ahead of earningsStacy Rasgon, Bernstein Research, joins 'Closing Bell' to discus two big semiconductor stocks Nvidia and Intel, which reports its earnings after the bell.

Persons: Bernstein's Stacy Rasgon, Stacy Rasgon Organizations: Bernstein Research, Nvidia, Intel

☆ Snap stock soars following beat on revenue, earnings and daily active users
▼ + stars: | 2024-04-25 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSnap stock soars following beat on revenue, earnings and daily active usersCNBC's Julia Boorstin, Nicole Webb, Wealth Enhancement Group SVP, and Kevin Mahn, Hennion & Walsh Asset Management president & CIO, joins 'Closing Bell Overtime' to talk Snap, Alphabet, Intel and Microsoft earnings.

Persons: Julia Boorstin, Nicole Webb, Kevin Mahn Organizations: Wealth, Hennion, Walsh Asset, Intel, Microsoft

☆ Alphabet shares jump 12% on earnings beat, first-ever dividend
▼ + stars: | 2024-04-25 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAlphabet shares jump 12% on earnings beat, first-ever dividendCNBC's Deidra Bosa, Nicole Webb, Wealth Enhancement Group SVP, and Kevin Mahn, Hennion & Walsh Asset Management president & CIO, joins 'Closing Bell Overtime' to talk Alphabet and Intel earnings.

Persons: Bosa, Nicole Webb, Kevin Mahn Organizations: Wealth, Hennion, Walsh Asset

☆ Stocks making the biggest moves after hours: Alphabet, Microsoft, Snap, Intel and more
▼ + stars: | 2024-04-25 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Microsoft – The tech giant saw shares climb 4.5% in extended trading after the software maker posted fiscal third-quarter results that surpassed Wall Street's expectations. Snap – Shares soared more than 27% in afterhours trading after the social media firm reported first-quarter results that beat analysts' estimates. Intel reported earnings that beat Wall Street expectations, however. Dexcom reported adjusted earnings of 32 cents per share on revenue of $921 million in revenue. Those results surpassed the earnings of $1.10 per share and $2.2 billion in revenue anticipated by analysts polled by LSEG.

Persons: Dexcom, FactSet, Gilead, Skechers, L3Harris, Macheel, Darla Mercado Organizations: Microsoft, Intel, Gilead Sciences, LSEG Locations: LSEG .

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