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Intel shares rise on sale of Altera unit to Silver Lake

Intel shares rise on sale of Altera unit to Silver Lake

Investing.com -- Intel Corporation (NASDAQ:INTC) stock climbed 3% in trading Monday following the company’s announcement that it has sold 51% of its programmable chips division, Altera, to private equity firm Silver Lake Management for $4.46 billion.The deal comes as part of Intel’s strategic shift to divest non-core businesses, aiming to streamline operations and focus on its main areas of gr ...

2025-04-15 01:15:43
US stocks subdued, dollar dips amid tariff uncertainty

US stocks subdued, dollar dips amid tariff uncertainty

By Lawrence Delevingne and Alun JohnBOSTON/LONDON (Reuters) -U.S. shares edged slightly higher on Monday, while the dollar and oil prices dipped, after the White House exempted smartphones and computers from U.S. tariffs but President Donald Trump said that levies were still likely.The Dow Jones Industrial Average rose about 0.4% and the S&P 500 gained 0.5%. The Nasdaq Composite added about 0. ...

2025-04-15 01:14:15
Dialysis firm DaVita hit by ransomware attack, says patient care continues

Dialysis firm DaVita hit by ransomware attack, says patient care continues

(Reuters) -DaVita said on Monday it was hit by a ransomware attack that encrypted certain elements of its network, and some of its operations remained disrupted despite interim measures.While the dialysis service provider continued to provide patient care as it took measures to restore certain functions, it could not "estimate the duration or extent of the disruption at this time", DaVita (NYSE:DV ...

2025-04-15 01:12:40
Kraken expands beyond crypto with commission-free trading launch

Kraken expands beyond crypto with commission-free trading launch

By Arasu Kannagi Basil and Pritam Biswas(Reuters) -Kraken, one of the world’s largest cryptocurrency exchanges, began a phased national rollout of commission-free trading for over 11,000 U.S.-listed stocks and exchange-traded funds on Monday, marking its latest move to expand across asset classes.Crypto firms such as Kraken are looking to expand their businesses to traditional financial spaces o ...

2025-04-15 01:10:33