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Stellantis CEO resigns: 3 things the next CEO needs to fix

Stellantis (STLA) CEO Carlos Tavares resigns from the automaker over disagreements with its board of directors. The company plans to find a replacement within the first half of 2025. Yahoo Finance autos reporter Pras Subramanian lists the three biggest areas that the next Stellantis chief executive will have to focus on. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan.

Yahoo Finance Video 6 minutes ago

STLA
Intel announces abrupt retirement of CEO Pat Gelsinger

On Monday, Intel Corporation (INTC) announced CEO Pat Gelsinger's retirement this past Sunday; Gelsinger will also be stepping down from the company's board of directors. Yahoo Finance executive editor Brian Sozzi joins Seana Smith and Brad Smith on The Morning Brief to react to this news, highlighting Gelsinger's leadership at Intel since first joining in 2021 and Intel's own struggles a laggard in the chip sector. Watch Yahoo Finance's full interview with Intel CEO Pat Gelsinger from October. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan.

Yahoo Finance Video 33 minutes ago

INTC
Crucial jobs report kicks off December trading: What to know this week

Key updates on the health of the US labor market are set to greet investors in the first week of December trading.

Yahoo Finance yesterday

AVGO

META

GOOG
Magnificent Seven Stocks: Nvidia Stock Rallies; Tesla Surges On Upgrade

Nvidia stock rallied Monday, while Tesla surged on an analyst upgrade. Apple is breaking out past a new buy point.

Investor's Business Daily 6 minutes ago

NVDA

AAPL

TSLA
5 companies that own the most Bitcoin

Bitcoin has evolved into a powerful financial instrument, garnering attention not only from everyday individuals but also from major corporations. Over the years, many publicly traded companies have become enthusiastic supporters of Bitcoin, recognizing its potential as a transformative asset. These organizations are not just investors; they are active advocates for the cryptocurrency ecosystem, contributing directly or indirectly to the development and growth of the broader crypto landscape.

Quartz 9 minutes ago

TSLA

COIN

MSTR
Marvell's AI Surge: Q3 Earnings Expected to Cement 54% YTD Stock Rally

Marvell's Q3 estimates highlight revenue and EPS growth, reflecting the AI chipmaker's sustained upward trajectory in 2024

GuruFocus.com 18 minutes ago

MRVL
Marvell shares rise after expanding deal with AWS

Investing.com -- Shares of Marvell Technology Inc (NASDAQ:MRVL) rose more than 5% premarket on Monday after a five-year agreement with Amazon (NASDAQ:AMZN) Web Services (AWS) that includes collaboration on data center semiconductor and cloud infrastructure technologies.

Investing.com 19 minutes ago

MRVL

AMZN
Intel CEO Pat Gelsinger Steps Down. Stock Rises.

Intel announced Monday that CEO Pat Gelsinger has retired. Two senior executives have been named interim co-CEOs.

Investor's Business Daily 34 minutes ago

INTC
Amazon Surges 20% in 3 Months, Outpacing Dow by More Than 12%

Amazon's $8B AI Investment Powers Stock to Major Outperformance

GuruFocus.com 38 minutes ago

AMZN
Intel just ousted CEO Pat Gelsinger as it struggles to compete in the AI era

Intel (INTC) announced Monday that chief executive officer Pat Gelsinger is retiring from the company and has stepped down from its board of directors.

Quartz 43 minutes ago

INTC
US proposes $7.54 billion loan to Stellantis, Samsung SDI battery joint venture

The U.S. Energy Department said Monday it is proposing to loan up to $7.54 billion to a joint venture of automaker Stellantis and Samsung SDI to help build two electric vehicle lithium-ion battery plants in Indiana. The conditional commitment award must still be finalized and includes $6.85 billion in principal and $688 million in capitalized interest for the StarPlus Energy joint venture. The venture will build batteries for Stellantis electric vehicles and at full capacity will produce about 67 GWh of batteries, enough to supply approximately 670,000 vehicles annually, the Energy Department said.

Reuters 45 minutes ago

STLAM.MI

^YH310
Check out November's biggest stock market winners (and losers!)

Stocks generally enjoyed one of the best months of the year. Here's what else you should know about the markets into year-end.

TheStreet 52 minutes ago

^GSPC

TSLA

COMP
Intel CEO Pat Gelsinger retires, stock rises

Investing.com -- Intel Corporation announced Monday that CEO Pat Gelsinger has retired from the company, stepping down from his role and the board of directors, effective December 1, 2024.

Investing.com 55 minutes ago

INTC
Intel CEO Gelsinger Leaves as Chipmaker’s Turnaround Flounders

(Bloomberg) -- Intel Corp. Chief Executive Officer Pat Gelsinger, who was hired in 2021 to lead an ambitious turnaround of the iconic chipmaker, will leave the job after the comeback sputtered and the company only fell further behind rivals.Most Read from BloombergRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIntel Chief Financial Officer David Zinsner and Michelle Johnston Holthaus, who is taking on a new role as CEO

Bloomberg 57 minutes ago

INTC

NVDA
Lotus Chooses AWS as Its Preferred Cloud Provider to Advance Connected and Automated Vehicles

LAS VEGAS, December 02, 2024--At AWS re:Invent, Amazon Web Services (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced that Lotus Technology ("Lotus", NASDAQ:LOT), a leading global intelligent and luxury mobility provider, has chosen AWS as its preferred cloud provider to help support its development of intelligent, luxury car experiences. The automaker will use AWS to implement its Vision80 Strategy, a plan to transform the company into a global luxury technology brand by 2028.

Business Wire 59 minutes ago

AMZN
Novocure Launches 40% After Pancreatic Cancer Treatment Succeeds

Novocure stock catapulted early Monday after the company's cancer-treating device succeeded in a study of patients with pancreatic cancer.

Investor's Business Daily 1 hour ago

NVCR
Intel Stock Rises After Company Says CEO Retires

The company said Pat Gelsinger has stepped down, effective yesterday, with Intel naming two interim leaders and starting its search for a permanent replacement.

Investopedia 1 hour ago

INTC
Amazon.com (AMZN)-Backed Anthropic Enhances Claude AI with Customizable Writing Styles

We recently compiled a list of the 14 AI News That Broke The Internet This Week. In this article, we are going to take a look at where Amazon.com, Inc. (NASDAQ:AMZN) stands against the other AI stocks that broke the Internet this week. The World Trade Organization (WTO) recently released a report that examines how artificial […]

Insider Monkey 1 hour ago

AMZN
Intel CEO Gelsinger retires; Zinsner and Johnston Holthaus named interim co-CEOs

Intel CEO CEO Pat Gelsinger has retired, with David Zinsner and Michelle Johnston Holthaus named as interim Co-CEOs. Intel said Monday that it will conduct a search for a new CEO. Zinsner is executive vice president and chief financial officer at Intel.

Associated Press Finance 1 hour ago

INTC
Intel Corporation (INTC) CEO Pat Gelsinger Praises Elon Musk’s xAI for Rapid Development of Memphis Supercluster Using Intel Xeon Processors

We recently compiled a list of the 9 Trending AI Stocks On Latest News and Ratings. In this article, we are going to take a look at where Intel Corporation (NASDAQ:INTC) stands against the other trending AI stocks. xAI founder Elon Musk has raised billions in funding for his AI startup in the past few months. […]

Insider Monkey 1 hour ago

INTC

Performance Overview

Return	MERCANTILE.BO	MSCI WORLD
YTD	+1.72%	+20.29%
1-Year	+7.42%	+25.37%
3-Year	+58.86%	+23.45%

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Related News

Stellantis CEO resigns: 3 things the next CEO needs to fix

Intel announces abrupt retirement of CEO Pat Gelsinger

Crucial jobs report kicks off December trading: What to know this week

Magnificent Seven Stocks: Nvidia Stock Rallies; Tesla Surges On Upgrade

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Marvell's AI Surge: Q3 Earnings Expected to Cement 54% YTD Stock Rally

Marvell shares rise after expanding deal with AWS

Intel CEO Pat Gelsinger Steps Down. Stock Rises.

Amazon Surges 20% in 3 Months, Outpacing Dow by More Than 12%

Intel just ousted CEO Pat Gelsinger as it struggles to compete in the AI era

US proposes $7.54 billion loan to Stellantis, Samsung SDI battery joint venture

Check out November's biggest stock market winners (and losers!)

Intel CEO Pat Gelsinger retires, stock rises

Intel CEO Gelsinger Leaves as Chipmaker’s Turnaround Flounders

Lotus Chooses AWS as Its Preferred Cloud Provider to Advance Connected and Automated Vehicles

Novocure Launches 40% After Pancreatic Cancer Treatment Succeeds

Intel Stock Rises After Company Says CEO Retires

Amazon.com (AMZN)-Backed Anthropic Enhances Claude AI with Customizable Writing Styles

Intel CEO Gelsinger retires; Zinsner and Johnston Holthaus named interim co-CEOs

Intel Corporation (INTC) CEO Pat Gelsinger Praises Elon Musk’s xAI for Rapid Development of Memphis Supercluster Using Intel Xeon Processors

Performance Overview