MARKETSSTORY 827· JULY 24, 2026

Intel gains on blockbuster quarter as UBS upgrades Amkor after Nvidia partnership

A blockbuster quarter, in Wall Street terms a set of earnings results that significantly beat analyst forecasts, drove Intel shares higher on Friday. Separately, UBS upgraded Amkor Technology, a chip packaging company, following a…

NDNewsDialy Desk2 MIN READNVDA · TSLA · JPM · GS

SOURCE

cnbc.com

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Microsoft cuts 268 Xbox jobs during Activision integration

Microsoft has reduced its Xbox division workforce by 268 positions. This cut happens as the company integrates Activision Blizzard and shifts oversight of the Halo franchise. In plain terms, a workforce reduction means the company is…

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Japan Policy Shift Threatens Yen Carry Trade Investors

The short version is that Japan’s central bank is tightening monetary policy, which creates a risk for investors who used the yen to borrow cheaply and buy higher-yielding assets elsewhere. This strategy is known as a carry trade, where a…

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Tech CEOs to Join Xi at White House Dinner

Microsoft CEO Satya Nadella is scheduled to sit down with Apple CEO Tim Cook, Nvidia CEO Jensen Huang, OpenAI CEO Sam Altman, and Qualcomm CEO Cristiano Amon at a White House state dinner for Chinese President Xi Jinping on September 24. A…

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