Intel (INTC) stock falls following disclosure of $7 billion operating loss in 2023 foundry business
Intel's foundry business showed an increase in losses year-over-year.
New to Shacknews? Signup for a Free Account
Already have an account? Login Now
Intel's foundry business showed an increase in losses year-over-year.
The company notes that it did not repurchase shares in fiscal 2023.
GameStop's adjusted EBITDA for FY2023 was $64.7 million, which was at least a profit compared to losses in the same stat for FY2022.
GameStop's final earnings report for Q4 2023 shows a miss on revenue and earnings expectations.
GameStop will be skipping its conference call for a fourth consecutive quarter.
We'll be reacting live to GameStop's latest financial results should the company forgo another earnings call.
The recently merged media company is expected to debut with a valuation of $5 billion.
One of the most anticipated IPOs of 2024 has reportedly been priced. Find out more details about the Reddit IPO here.
Electric vehicle maker Tesla has settled a racial discrimination lawsuit for an undisclosed amount of money.
This acquisition comes after RED took Nikon to court over alleged patent infringement in 2022 in a case that was eventually dismissed.