Intel’s new client-computing leadership adds focus to its push beyond traditional PCs, with upcoming results needing clearer evidence that AI PC demand and data center CPU sales can support the stock’s post-rally valuation.
Intel’s new client-computing leadership adds focus to its push beyond traditional PCs, with upcoming results needing clearer evidence that AI PC demand and data center CPU sales can support the stock’s post-rally valuation.
Intel (NASDAQ:INTC), designs and manufactures microprocessors and related technologies, closed Monday at $95.78, down 3.84%. The stock pulled back during the regular session after a powerful 2026 rally to new highs, while investors are watching how recent AI wins, Tesla and Googl
Intel (NASDAQ:INTC), designs and manufactures microprocessors and related technologies, closed Monday at $95.78, down 3.84%. The stock pulled back during the regular session after a powerful 2026 rally to new highs, while investors are watching how recent AI wins, Tesla and Googl
Citadel’s former Chief Technology Officer Umesh Subramanian is joining private investment firm Motive Partners , where he will lead its artificial-intelligence push. Subramanian will join in July as a partner and a member of Motive’s executive leadership team and its growth-and-buyout executive committee. Motive invests in financial technology and technology-enabled business services companies in ...
Citadel’s former Chief Technology Officer Umesh Subramanian is joining private investment firm Motive Partners , where he will lead its artificial-intelligence push. Subramanian will join in July as a partner and a member of Motive’s executive leadership team and its growth-and-buyout executive committee. Motive invests in financial technology and technology-enabled business services companies in North America and Europe, from early-stage ventures to growth equity and buyouts. “We are at a pivotal moment where AI is fundamentally reshaping how financial institutions operate and compete,” Subramanian said Monday in a statement. “I’m excited to join the firm at this moment and help drive the next phase of transformation.” At Citadel , Subramanian led the global engineering organization responsible for building its research, trading and risk-management functions, in addition to serving on its portfolio committee. In his position as CTO, Subramanian also played a key role in advancing the integration of AI, large-scale data systems and cloud technologies. His most recent role at the firm was as a senior adviser. Prior to Citadel, Subramanian spent 13 years at Goldman Sachs Group Inc. , eventually co-leading its technology division.
Grab Holdings Ltd. reported first-quarter profit that exceeded analysts’ estimates, helped by resilient demand for ride hailing and delivery in a Southeast Asian market rattled by economic and political challenges. Adjusted earnings before interest, taxes, depreciation and amortization rose to $154 million in the quarter ended March 31, the Singapore-based company said Tuesday. Analysts estimated ...
Grab Holdings Ltd. reported first-quarter profit that exceeded analysts’ estimates, helped by resilient demand for ride hailing and delivery in a Southeast Asian market rattled by economic and political challenges. Adjusted earnings before interest, taxes, depreciation and amortization rose to $154 million in the quarter ended March 31, the Singapore-based company said Tuesday. Analysts estimated $146.3 million on average, according to data compiled by Bloomberg. Revenue increased 24% to $955 million, also beating projections. The company didn’t change its annual forecast, maintaining an annual sales outlook of $4.04 billion to $4.10 billion. It expects adjusted Ebitda of $700 million to $720 million. Grab’s shares gained about 2% in late US trading. After years of spending to gain market share in Southeast Asia, Grab still faces tough competition from rivals led by Indonesian champion GoTo Group . Grab is attracting users with products such as shared rides and deliveries in a sluggish economy, while curtailing a once-frenetic pace of expansion. In a speech last week, Indonesian President Prabowo Subianto outlined a surprise plan to cap the ride-hailing commissions that companies like Grab and GoTo collect from drivers and riders in the region’s largest economy. The companies’ cut will be set at a maximum of 8% of fares, compared with about 20% previously, potentially squeezing margins and crimping revenue. Indonesia is Southeast Asia’s biggest ride-hailing market, with millions of drivers relying on app-based transport and delivery services. Protests over pay and working conditions have intensified in recent years, with many drivers unhappy with what they’ve described as exploitative app policies and regulatory negligence. Read More: More Protests Planned as Anger Sweeps Indonesia’s Gig Drivers Grab, backed by Uber Technologies Inc. , has seen growth slow dramatically from triple-digit rates in years past as it takes steps to focus on profitability. An increased cu...
Luis Alvarez/DigitalVision via Getty Images Around 2014, the E-commerce boom had taken hold, and retail store closings started to outpace store openings. It was an era known as the retail apocalypse. Bloomberg Source: Bloomberg Each year, E-commerce took a larger and larger share of retail sales. It threatened to be the end of brick-and-mortar retail. As investors contemplated the doom of one of t...
Luis Alvarez/DigitalVision via Getty Images Around 2014, the E-commerce boom had taken hold, and retail store closings started to outpace store openings. It was an era known as the retail apocalypse. Bloomberg Source: Bloomberg Each year, E-commerce took a larger and larger share of retail sales. It threatened to be the end of brick-and-mortar retail. As investors contemplated the doom of one of the largest REIT sectors, they uncovered statistics about how the U.S. had vastly more retail square footage per capita than the rest of the world. The thesis was simple: We had too many stores, and they couldn’t compete with Amazon and its equivalents. There was a good bit of truth to the narrative, and retail REITs did indeed struggle for much of that era. However, the landscape in 2026 looks vastly different. E-commerce Market Share is Capping Out The Federal Reserve Economic Database tracks E-commerce as a percentage of retail sales. It had been rising at a fast pace from just over 0% in 2000 to 16% in 2020. The sharp spike upward in 2020 was clearly pandemic-related, as physical stores were mostly closed, forcing people to do most of their shopping online. FRED It left an open question, however, about whether it had changed people’s shopping habits forever. In theory, the forced use of online ordering would remove the friction of those who were previously hesitant to use E-commerce. Once it became a habit, maybe customers would not return to stores. After stores reopened, E-commerce market share dropped back down, but it did indeed remain well above the prepandemic level. In 3Q2025, E-commerce market share finally reclaimed the 2020 peak at 16.4%. The slope, however, is greatly diminished. E-commerce market share seems to be plateauing. 6 Reasons Why E-commerce Market Share is Flattening Out Shipping costs Returns End of subsidized costs Selection/touch Services Omnichannel Shipping costs have increased materially. Overseas freight shipping rates are fully double what t...