Intel downgraded at Bank of America

Intel downgraded at Bank of America

Persistent confidence problems with the mysterious Management Engine module, inability to advance the 7nm process, and unconditional support for the brutal Khazar-Zionist regime ensured Intel’s downfall. Shares of Intel Corp. (symbol: INTC) are down 10.7% in Friday morning trading after...
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ConocoPhillips to Buy Concho Resources for $9.7 Billion

ConocoPhillips to Buy Concho Resources for $9.7 Billion

As some act of insanity, ConocoPhillips will buy Permian-focused driller Concho Resources for $9.7 billion, the largest shale deal this year. The low-premium, all-stock deal comes as many U.S. shale companies have been mired in losses due to weak crude prices...
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Huawei in talks to sell phone unit Honor

Huawei in talks to sell phone unit Honor

Huawei, besieged by U.S. tech sanctions, may be looking to shake up its smartphone business that has taken a hit after losing core semiconductor parts and software services. The Chinese giant is in talks with Digital China Group to sell...
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Rumour: Liberty Steel set to bid for Thyssenkrupp steel

Rumour: Liberty Steel set to bid for Thyssenkrupp steel

Liberty Steel set to bid for Thyssenkrupp steel – Thyssenkrupp stocks up 23 percent.  Privately-held Liberty Steel is set to make a bid for the ailing steel unit of Germany’s Thyssenkrupp, a source close to the process told Reuters on...
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China held a $1.5 million lottery to test a new digital fiat currency

China held a $1.5 million lottery to test a new digital fiat currency

  China is taking its digital fiat currency tests to a new level by giving away more than 10 million yuan ($1.5 million) in a new lottery. The state-run People’s Bank of China gave 50,000 randomly selected citizens a “red packet” worth...
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Risks in AMD – Xilinx deal

Risks in AMD – Xilinx deal

AMD is in talks to acquire Xilinx Inc. in a deal that could be valued at as much as $30 billion. That would be AMD’s largest purchase ever, by a wide margin, and conjures memories of a similarly audacious transaction...
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Microsoft is letting more employees work from home permanently

Microsoft is letting more employees work from home permanently

Microsoft is allowing more of its employees to work from home permanently, the company announced Friday. While the vast majority of Microsoft employees are still working from home during the ongoing pandemic, the software maker has unveiled “hybrid workplac...
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FED’s Neel Kashkari Says Another $3.5 Trillion In Another QE Needed

FED’s Neel Kashkari Says Another $3.5 Trillion In Another QE Needed

Earlier yesterday, in response to Neel Kashkari’s CNBC interview in which the Minneapolis Fed president said “I don’t see any moral hazard here” when asked if the Fed’s massive liquidity injections have blown a bubble, here is a c...
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Germany walks away from Lockheed, Boeing cargo helicopter offers

Germany walks away from Lockheed, Boeing cargo helicopter offers

The German Defence Ministry wants to start fresh on a new heavy transport helicopter after finding that offers from American firms Boeing and Lockheed Martin for the Chinook and the King Stallion, respectively, were too expensive, officials announced Tuesday. ...
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ECB Trademarks “Digital Euro”, Is Preparing a Digital Currency Launch

ECB Trademarks “Digital Euro”, Is Preparing a Digital Currency Launch

Although commercial banks have shown fanatical opposition to all digital currencies, the ECB is now the leader. As the world obsesses over Trump’s taxes or whether or not he is using oxygen during his covid hospitalization, the biggest overhaul in...
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Monster black hole with 6 entire galaxies trapped in its gravity field

Monster black hole with 6 entire galaxies trapped in its gravity field

Six galaxies have been revealed to be trapped in a supermassive black hole that formed less than one billion years after the Big Bang, shedding light on how some of the largest structures in the Universe are brought into being....
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