Bernstein's Stacy Rasgon talks Intel reportedly heading back to the foundry drawing board
CNBC Television· 2025-07-02 22:41
Meanwhile, Intel shares 4% lower after Reuters report that the chipmaker is considering a major change to its foundry business. CEO Lift Boutan reportedly exploring a shift away from the company's 18A manufacturing process due to fears that it cannot compete with Taiwan Semi's offering. Intel would instead focus on its 14A process, which it hopes will be more competitive in luring new customers.Stacey Rasen is managing director, senior semiconductor analyst at Bernstein. He's got a market perform rating and ...
House Republicans navigate pressure from Trump to pass 'One Big, Beautiful Bill'
NBC News· 2025-07-02 22:41
Is a no vote a vote against President Trump. I wouldn't want to I wouldn't want to do a no vote and vote against President Trump. That's for sure.Clearly, this is his agenda. Clearly, this is his legacy. Did the president move your vote.The president was um was very kind and gifted in his in his talk. You said he was going to take you out to the woodshed, sir. Did he take you out to the woodshed.No, that's just a common saying that in East Tennessee. 1.7% million Wisconsinites voted for Donald Trump. This i ...
Bryan Kohberger pleads guilty to killing four University of Idaho students in 2022
NBC News· 2025-07-02 22:40
I was just inside the courtroom here where Brian Kobeer plead guilty to the murder of four University of Idaho students. A judge accepted this plea deal. It's a stunningly uh swift end to this case that has dragged on for two and a half years.And in the courtroom, there was just this chilling moment when the judge asked Brian Koger uh repeatedly, "Did you commit these crimes?" And he named Xanakodal, Ethan Chapen, Kaylee Gonzalez, and Madison Mogan. and each time he answered with a concise yes. And looking ...
Woman suspected of killing disabled son now on FBI's 'Ten Most Wanted Fugitives List'
NBC News· 2025-07-02 22:40
Cindy Rodriguez Singh, now wanted by agents for allegedly fleeing the country, wanted locally for allegations of capital murder. Her six-year-old disabled son, Noel Rodriguez Alvarez, has been missing since October of 2022. And according to authorities, he is presumed dead.It is still thought that she is in India with her husband and six other children. The FBI did not go into detail about exactly what they believe happened when that child was killed, but did say with the evidence they have, they were able ...
Tesla reports decline in Q2 global deliveries
CNBC Television· 2025-07-02 22:37
Phil, how are you, how are analysts, how are Tesla watchers thinking about um sort of the chess pieces moving on the board, so to speak, with Elon Musk now being in charge of European sales on top of being CEO, Tom J of China, taking over global operations. I mean, this all at a time when when Tesla really has to execute in the back half of the year. I know a lot of people have said and and I've read a lot of the commentary today and they've said, "Look, it's not good for a CEO and a founder to have to step ...
Fast Money: JPM, AMAT, C, EL
CNBC Television· 2025-07-02 22:36
Final trade time, Tim. Yeah. How about this resurgence in the E in bicep.I realize I'm like 15 months too late, but um I'm going to stay long. Better late than never. Yeah, great.Um letter C, City Bank. It is It's not an alltime high cuz remember there was that 10 for one reverse split, but it is in the modern era high and uh still less than one time left. Dan, yeah, send me equipment names.Uh Amount breaking out. We see Bonoin. Yeah, I'm not sure if we get to three times, but it's really not that far off, ...
Zohran Mamdani responds to Trump saying he would 'arrest' him if he does not comply with ICE
NBC News· 2025-07-02 22:33
Donald Trump said that I should be arrested. He said that I should be deported. He said that I should be denaturalized.And he said those things about me. Someone who stands to be the first immigrant mayor of this city in generations. Someone who would also be the first Muslim and the first South Asian mayor in this city's history.less so because of who I am, because of where I come from, because of how I look or how I speak, and more so because he wants to distract from what I fight for. I fight for working ...
Pentagon pauses weapons shipment to Ukraine
NBC News· 2025-07-02 22:30
The Trump administration is defending its plan to pause weapon shipments to Ukraine. Multiple officials with knowledge of that decision tell NBC News that defense secretary Pete Hegsith ordered a pause in sending missiles and ammunition over concerns about the US military's stockpiles. Officials say the stockpiles of munitions had been depleted from the US support for Ukraine as well as military operations in the Middle East.A White House spokesperson said in a statement, "This decision was made to put Amer ...
Jefferies upgrades Apple to 'Hold'
CNBC Television· 2025-07-02 22:27
Let's turn now to Apple rising another 2% for its fourth straight day in the green. Jeffre upgrading the stock to a hold with analysts writing that the company could top June quarter estimates thanks to better China a iPhone sales. Still, they site long-term risks with investors underpricing the impact of tariffs.Their updated price target of $188 a share implying 12% downside from today's close. Of course, this is a move from sell so it's not exactly a pound the table upgrade here, but it is interesting. i ...
New expedition announced to find Amelia Earhart's plane
NBC News· 2025-07-02 22:27
Is that the remains of Hehheart's plane just peeking above the sand in a remote island lagoon. For 88 years, the world has wondered what happened to Amelia Heheart and her navigator Fred Nunan. In July 1937, they were over the Pacific on a round the world flight when they disappeared.An international search turned up nothing. But take a look at this satellite photo that's getting renewed attention. It satisfies all the criteria. It's just the right size. It appears to have the right composition.It appears t ...