LONDON (Reuters) -Intel shares rose nearly 10% in Frankfurt on Friday, a day after the company beat expectations for its third quarter profit helped by dramatic cost cutting measures. The results were the company's first earnings announcement after multibillion-dollar investments from Nvidia and Japan's SoftBank as well as an unprecedented U.S. government stake, with investors anticipating a major cash boost. Its shares rose around 7% in U.S. after hours trading on Thursday, and rose 9.7% in Frankfurt on Friday. (Reporting by Alun John, editing by Joice Alves)
(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)
Scaling Impact: Desai Foundation Celebrates Reaching 12 Million Lives Surat (Gujarat) [India], March 21: The…
New Delhi [India], March 21: India’s entrepreneurial landscape is changing rapidly. More women today are…
PKF managing trustee, Sundeep Bhutoria (inset). PKF and World WWF-India will jointly present the 6th…
Dr. A.K. Dwivedi’s Campaign Reaches Over 2 Million People Indore (Madhya Pradesh) [India], March 19:…
Surat (Gujarat) [India], March 20: Surat emerged as the meeting point of India’s entrepreneurial leadership…
Platform brings youth, industry and incubators together to explore entrepreneurship as an emerging livelihood pathway…