Mohit Oberoi

1 week ago | barchart.com | Mohit Oberoi

Intel (INTC) is reportedly considering laying off between 15% and 20% of its foundry workers, which could impact thousands of employees. The layoffs come after a brutal 2024 when the once-iconic chip company eliminated 15,000 positions in its biggest-ever layoff.

1 week ago | inkl.com | Mohit Oberoi

While we don’t have the official confirmation, the layoffs would be hardly surprising given the company’s focus on cost cuts amid mounting losses and cash burn, particularly in the foundry business, which has failed to take off significantly despite burning billions of dollars. In this article, we’ll discuss Intel’s outlook in light of the cost cuts and turnaround efforts.

1 week ago | casinobeats.com | Mohit Oberoi

The Penn Entertainment (NYSE: PENN) stock outlook is uncertain, after activist investor HG Vora successfully had two directors elected at yesterday’s annual shareholder meeting. The results were in line with expectations as both the company and HG Vora backed both Johnny Hartnett and Carlos Ruisanchez. For context, HG Vora took a 4.8% stake in Penn, which makes it the third-largest investor behind BlackRock and Vanguard.

1 week ago | barchart.com | Mohit Oberoi

Restaurant Brands International (QSR) has a dividend yield of 3.7% and is trading at a discount to its historical valuations. Despite being one of the largest fast-food chains with a presence in over 120 countries, QSR is an overlooked name. In this article, we’ll examine whether the stock is a buy for dividend investors given its healthy dividend yield. To begin with, let’s understand QSR’s business. The company was formed in late 2014 when Burger King and Tim Hortons merged.

1 week ago | inkl.com | Mohit Oberoi

Restaurant Brands International (QSR) has a dividend yield of 3.7% and is trading at a discount to its historical valuations. Despite being one of the largest fast-food chains with a presence in over 120 countries, QSR is an overlooked name. In this article, we’ll examine whether the stock is a buy for dividend investors given its healthy dividend yield. www.barchart.com To begin with, let’s understand QSR’s business. The company was formed in late 2014 when Burger King and Tim Hortons merged.