(Reuters) -Intel's ( INTC ) first-quarter revenue forecast on Thursday missed analyst estimates, as the chipmaker grapples with tepid demand for traditional data center chips and declining share in the key personal computer market. Shares of the Santa Clara, California-based company fell close to 2% in volatile extended trading. Last year, Intel's ( INTC ) shares lost about 60%. As...

04:03 PM EST, 01/30/2025 (MT Newswires) -- Jefferies Financial Group ( JEF ) is facing a defamation case for allegedly engaging in a smear campaign to force George Weiss to pay debt owned by his bankrupt firm, Bloomberg reported Thursday, citing court filing. George Weiss is seeking $250 million in damages claiming Jefferies made false accusations against him regarding the...

Jan 30 (Reuters) - Visa reported a higher first-quarter profit on Thursday as the world's largest payment processor's customers splurged on everything from travel to dining out during the holiday season. The San Francisco, California-based company posted an adjusted profit of $5.5 billion, or $2.75 per share, in the three months ended Dec. 31. That compares with $4.9 billion, or...

Jan 30 (Reuters) - Intel's ( INTC ) first-quarter revenue forecast on Thursday missed analyst estimates, as the chipmaker grapples with tepid demand for traditional data center chips and declining share in the key personal computer market. Shares of the Santa Clara, California-based company fell close to 2% in volatile extended trading. Last year, Intel's ( INTC ) shares lost...