LeadStory

What are the biggest business news stories?

Asked 17 hours ago

Answer

Major business news includes GM and Stellantis facing billion-dollar losses from tariffs, a historic UK-India free trade deal, Intel shares dropping despite revenue gains, the FCC approving a Paramount-Skydance merger, and Syria-Saudi Arabia signing multi-billion dollar investment agreements.

Now Playing

CNBC

Intel shares drop despite topping revenue estimates

CNBC · Recent
CNBC
CNBC
Recent
  • Intel's revenue exceeded estimates, but expectations had been lowered by analysts. 14s
  • Margins were weaker and earnings guidance came in below consensus due to higher costs. 22s
  • Intel is implementing cost-cutting measures, including layoffs and project cancellations in Europe. 47s
  • Analysts remain cautious, citing challenges in Intel's foundry strategy and lack of AI traction. 1m 12s
  • Most analysts expect Intel's stock to remain range bound, with a slow turnaround anticipated. 1m 50s
BusinessTechnology

References

Intel shares drop despite topping revenue estimates
Icon
CNBC
21 hours ago
Intel shares drop despite topping revenue estimates

Intel's stock falls after beating revenue estimates, as concerns over weak margins and cautious earnings guidance persist.

FCC approves Paramount-Skydance merger
Icon
CNBC
1 day ago
FCC approves Paramount-Skydance merger

The FCC approves the $8 billion Paramount Global and Skydance Media merger, including the transfer of 28 CBS-owned TV stations.

UK, India sign free trade agreement during Modi visit
Icon
Al Jazeera
1 day ago
UK, India sign free trade agreement during Modi visit

The UK and India sign a major free trade agreement, the UK's most significant since Brexit and India's largest outside Asia.

Syria and Saudi Arabia sign multi-billion dollar investment deals
Icon
Africanews
2 days ago
Syria and Saudi Arabia sign multi-billion dollar investment deals

Syria and Saudi Arabia formalize investment agreements worth about 24 billion Saudi Riyals to help rebuild Syria's economy.

GM profits take $1.1 billion hit in wake of Trump tariffs
Icon
CBS America
3 days ago
GM profits take $1.1 billion hit in wake of Trump tariffs

General Motors reports a $1.1 billion profit loss due to Trump administration tariffs, with Stellantis also losing $2.7 billion.

What Are People Asking?