To The Moon

'The situation here seems likely to keep getting worse before it gets better, and the ultimate fate of the company seems even more uncertain,' analyst says. Intel Corp. is making a change at the top with Chief Executive Pat Gelsinger out after less than four years, offering investors hope that the company could seek more focus going forward, potentially by de-emphasizing its loss-making manufacturing business.At the same time, the stock's Monday reaction, up about 4%, is somewhat modest considering the exit of an unsuccessful CEO, suggesting an awareness on Wall Street that there are no quick fixes for Intel , even with new leadership."While one could argue that the new leadership team has more leeway to make some necessary decisions for now, the situation here seems likely to keep getting worse before it gets better, and the ultimate fate of the company seems even more uncertain," Bernstein analyst Stacy Rasgon wrote. "We don't think we would be diving in.". For instance, the company

'The situation here seems likely to keep getting worse before it gets better, and the ultimate fate of the company seems even more uncertain,' analyst says. Intel Corp. is making a change at the top with Chief Executive Pat Gelsinger out after less than four years, offering investors hope that the company could seek more focus going forward, potentially by de-emphasizing its loss-making manufacturing business.At the same time, the stock's Monday reaction, up about 4%, is somewhat modest considering the exit of an unsuccessful CEO, suggesting an awareness on Wall Street that there are no quick fixes for Intel , even with new leadership."While one could argue that the new leadership team has more leeway to make some necessary decisions for now, the situation here seems likely to keep getting worse before it gets better, and the ultimate fate of the company seems even more uncertain," Bernstein analyst Stacy Rasgon wrote. "We don't think we would be diving in.". For instance, the company

Singapore Prime Minister Lee Hsien Loong said he instructed Transport Minister S. Iswaran to go on leave as the city’s anti-graft agency started a probe.The Corrupt Practices Investigation Bureau uncovered a case and asked to open a formal investigation that would involve interviewing Iswaran and others, Lee said in a statement on Wednesday, without specifying the reasoning for the investigation or the target.Senior Minister of State Chee Hong Tat will be acting minister for Transport, according