Tag Archives: fortunes

Intel’s new chip plans could turn rival AMD’s fortunes- analysts

(Corrects typographical error in paragraph 4) By Chavi Mehta and Nivedita Balu (Reuters) – Intel Corp’s latest focus on making chips to meet rising demand will give Advanced Micro Devices Inc, its biggest rival in the server and PC market, a chance to build a greater foothold in the segment, analysts said. Intel, which plans large investments in chip technologies in the next four years, said on Thursday it expects revenue from its segment housing PCs to grow in low to mid single digits, and its… Source link

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One of World’s Greatest Hidden Fortunes Is Wiped Out in Days

(Bloomberg) — From his perch high above Midtown Manhattan, just across from Carnegie Hall, Bill Hwang was quietly building one of the world’s greatest fortunes. Even on Wall Street, few ever noticed him — until suddenly, everyone did. Hwang and his private investment firm, Archegos Capital Management, are now at the center of one of the biggest margin calls of all time — a multibillion-dollar fiasco involving secretive market bets that were dangerously leveraged and unwound in a… Source link

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Canada’s richest grew their fortunes by $53 billion during the pandemic

Local Journalism Initiative One-third of Hamilton schools have reported COVID-19 cases. But we’re doing better than most Ontario cities At a time when COVID-19 cases are rising in Hamilton and across the province, the latest case numbers reveal that Hamilton’s school system is faring better than those in other Ontario municipalities.  As of Wednesday, a total of 119 cases had been reported across 64 schools in Hamilton since September — the equivalent of one-third of Hamilton schools. … Source link

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