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Before the Bell | Intel recruits Micron executive as next finance chief

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Moomoo Breakfast US wrote a column · Jan 11, 2022 04:59
By Danilo
Hey, mooers! Here are things you need to know before the opening bell:

- U.S. stocks were flat early Tuesday after the major averages extended declines, until the Nasdaq rallied to snap a four-day losing streak.

- David Zinsner will join the chip maker, as Intel said the head of its client computing group is leaving at the end of the month.
Market Snapshot
U.S. stocks were flat early Tuesday after the major averages extended declines, until the Nasdaq rallied to snap a four-day losing streak.
Futures tied to the $Dow Jones Industrial Average(.DJI.US)$ gained 103 points or 0.3%. $S&P 500 Index(.SPX.US)$ futures edged 0.4% higher, and $NASDAQ 100 Index(.NDX.US)$ futures rose 0.7%.
Source: Bloomberg
Source: Bloomberg
Market Temperature
Before the Bell | Intel recruits Micron executive as next finance chief
Fed vice chairman Clarida to resign
Federal Reserve Vice Chairman Richard Clarida said he would resign from the central bank on Friday. The resignation follows questions raised over financial transactions he conducted at the onset of the pandemic.
Richmond Fed's Barkin says a March rate rise is conceivable
Federal Reserve Bank of Richmond President Thomas Barkin said Friday he supports the central bank's hawkish outlook for monetary policy and is open to raising interest rates when its bond buying stimulus effort winds down.
Companies boost capital spending, betting demand will stay strong
Corporate spending on big-ticket items such as stores, warehouses and data centers is expected to remain strong this year after companies in 2021 boosted investments to meet rebounding customer demand.
U.S. moves to restrict oil leasing in Alaska
The Interior Department said Monday that it plans to block oil and gas leasing on about 11 million acres on Alaska's North Slope, or roughly half of a 23-million acre reserve set aside for energy development decades ago.
Tech leaders create proofs of concept for the metaverse
Companies of all stripes are positioning themselves to tap the potential business value of the metaverse, an immersive virtual world that some envision as the next digital frontier for work, play and shopping.
VW finance chief expects inflation to ease and chip shortage to drag on
Volkswagen Chief Financial Officer Arno Antlitz says the auto maker has cut costs to address higher raw-material prices and aims to expand its electric-vehicle business in U.S. $VOLKSWAGEN AG(VLKAF.US)$
Intel recruits Micron executive as next finance chief
David Zinsner will join the chip maker, as Intel said the head of its client computing group is leaving at the end of the month. $Intel(INTC.US)$ $Micron Technology(MU.US)$

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Before the Bell | Intel recruits Micron executive as next finance chief
Before the Bell | Intel recruits Micron executive as next finance chief
Source: CNBC, Dow Jones Newswires, Bloomberg
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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  • Ramzzi : Unfortunately, what analyzes the market trend is a problem beyond these currents. If companies can not express their problems properly, they can not create a solution to the process and development of their work. My friends, opinion always rules in every action. Our problem  Software Development and Information Analysis in Karist Computing A successful manager is a manager who considers all aspects, reviews the trend below the growth line, and executes his work plan according to the market order.  Show tricks based on how projects are performing and average fluctuations on business development progress. All factors of a company should be considered above the standard of sales and even spending control.