BusinessSemiconductorsTechnology

Intel Stock Surges Following Strong Q3 Results and Upbeat Forecast

Intel’s stock jumped following a positive earnings report that exceeded Wall Street expectations. The chipmaker reported $13.7 billion in Q3 revenue and provided encouraging guidance for the current quarter amid its costly US manufacturing expansion.

Strong Quarterly Performance

Intel shares reportedly jumped approximately 5% in after-hours trading following the company’s third-quarter earnings release, according to financial reports. The chipmaker posted revenue of $13.7 billion, representing a 3% year-over-year increase and beating Wall Street expectations of $13.1 billion, sources indicate.

BusinessInnovationTechnology

Canada Aims to Double Non-U.S. Exports Amid Trade Tensions, Carney Announces

Prime Minister Mark Carney has announced a bold initiative to double Canada’s exports to non-U.S. markets over the next decade. This strategic shift responds to ongoing trade tensions and tariffs imposed by the United States, signaling a major reorientation of Canadian trade policy.

Canada’s Strategic Export Shift

Prime Minister Mark Carney has set an ambitious target for Canada to double its non-U.S. exports within the next decade, according to reports from his recent address. Sources indicate this strategic pivot responds to growing trade tensions with the United States and what analysts suggest is an unsustainable reliance on a single trading partner.