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Intel · United StatesIntel said on Thursday it is laying off 15% of its workforce and new CEO Lip Bu Tan presented a blueprint for a more cost-disciplined, streamlined chipmaker that would issue "no more blank checks."
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Intel to cut 15% of workers as chipmaker grapples with manufacturing challenges
57% Center coverage: 126 sources
Elon MuskBy Chris Isidore, CNN (CNN) — Elon Musk’s big promises apparently no longer seem to be enough for many Tesla investors. Shares of Tesla (TSLA) fell 9% on Thursday following another dismal earnings report, released after the bell Wednesday. Tesla’s earnings and revenue both fell by double-digit percentages following the biggest sales drop in the company’s history. The automaker also faces a number of financial headwinds, including the loss of a $…See the Story
Tesla’s Stock Is Tumbling After Elon Musk Failed to Shift the Narrative
38% Left coverage: 24 sources
