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Ispire Technology

Ispire Technology Inc is engaged in the research and development, design, commercialization, sales, marketing, and distribution of branded e-cigarettes and cannabis vaping products. The company sells its cannabis vaping in the United States, Europe, Canada, and South Africa.

Ispire Technology Inc

An advertisement featuring Julia Roberts has sparked controversy. The ad encourages women to vote for Vice President Kamala Harris, irrespective of their husbands&#8217; political inclinations.
What Happened: The ad, released by the non-profit organization Vote Common Good, has been met with significant backlash from Republicans, reports <a href="https://thehill.com/homenews/campaign/4964265-kamala-harris-ad-julia-roberts/">The Hill</a>. The advertisement subtly touches upon the contentious issue of abortion rights and urges women to exercise their voting rights freely. Some Republicans have equated a wife&#8217;s secret vote for Harris to infidelity.
&#8220;In the one place in America where women still have a right to choose, you can vote any way you want. And no one will ever know,&#8221; says Roberts in the ad.
The voter in the ad featuring Roberts winks when her husband asks if she had made the &#8220;right choice.&#8221;
Among the critics are Fox News host Jesse Watters and GOP member Charlie Kirk, who expressed their disapproval publicly. In response, Doug Pagitt, Executive Director of Vote Common Good, defended the ad, stating that the outrage from certain men fearing disagreement from their wives only proves their point.
Kirk described the advertisement as &#8220;nauseating.&#8221; Former Rep. Liz Cheney (R-Wyo.) responded to Kirk&#8217;s outrage by calling him a &#8220;twit.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Listen to this twit make Donald Trump's closing argument. Women, you know what to do. <a href="https://twitter.com/hashtag/VoteKamala?src=hash&amp;ref_src=twsrc%5Etfw">#VoteKamala</a> <a href="https://t.co/sh4Ogyj4Z5">pic.twitter.com/sh4Ogyj4Z5</a>
&mdash; Liz Cheney (@Liz_Cheney) <a href="https://twitter.com/Liz_Cheney/status/1851963459266625874?ref_src=twsrc%5Etfw">October 31, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/news/24/10/41590597/bernie-sanders-explains-why-he-will-vote-for-kamala-harris-even-though-he-disagrees-with-her-stance?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Bernie Sanders Explains Why He Will Vote For Kamala Harris Even Though He Disagrees With Her Stance On Is</a>
Why It Matters: This controversy comes in the backdrop of a highly polarized political climate. <a href="https://www.benzinga.com/markets/equities/24/06/39125577/julia-roberts-and-george-clooney-back-joe-biden-in-presidential-race-yet-hollywood-has-largely-h">Earlier this year</a>, Julia Roberts, along with George Clooney, backed Joe Biden in the presidential race. However, many in Hollywood have been hesitant to engage due to the intense polarization.
As the 2024 presidential election nears, the race between former President Donald Trump and Vice President Kamala Harris remains close. <a href="https://www.benzinga.com/general/politics/24/10/41667786/harris-vs-trump-vice-presidents-lead-shrinks-key-demographic-grows-one-week-before-2024-election">Recent polls</a> show Harris maintaining a lead over Trump, although her odds in prediction markets have trailed the former president.
With the election just around the corner, the impact of this controversy on the voting patterns of women remains to be seen.
Did You Know?
<ul>
<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

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Conservatives Angry With Julia Roberts Ad Urging Women To Vote For Kamala Harris: 'Nauseating'

Trading Halt: Halted at 7:50:00 p.m. ET - Trading Halt: Halt News Pending

FGFPP

As blockchain technology continues to enter mainstream financial systems, Markus Kuhnert, founder and CEO of 1iO, has raised concerns about its core principles being overshadowed. 
Ahead of the upcoming <a href="https://benzinga.swoogo.com/digital-assets/6342807">Benzinga Future of Digital Assets </a>event, a BRANDGUARDIAN representative, responding on behalf of Kuhnert, emphasized the potential and challenges of blockchain's growing role in finance.
<h1 class="wp-block-heading">Integrating Blockchain in Finance</h1>
The increasing adoption of blockchain by financial players, including Citi and JPMorgan, could offer advantages such as faster transactions and improved transparency. However, Kuhnert's spokesperson highlighted a key issue: "When blockchain is centrally controlled, it loses its essence and potential."
Blockchain was initially designed to decentralize transactions, removing the need for central authorities. But, as it becomes part of traditional finance, its decentralized nature may be compromised.
<figure class="wp-block-image size-full"><a href="https://benzinga.swoogo.com/digital-assets/6342807"><img loading="lazy" decoding="async" width="300" height="250" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/29171736/905735A6-57D3-4874-9AA1-75D037842DB3-1-3.gif" alt="" class="wp-image-620477" /></a></figure>
<h1 class="wp-block-heading">Bitcoin as a Model</h1>
The spokesperson cited Bitcoin as an example of blockchain's core mission. Unlike blockchain applications within centralized finance, Bitcoin remains under user control, free from centralized oversight. 
&#8220;Bitcoin exemplifies this independence, standing as an asset class under user control, not centralized oversight," the spokesperson explained, adding that integrating blockchain into finance is positive but should not stray from its foundational principles.
<h1 class="wp-block-heading">Ensuring Responsible Adoption</h1>
As the financial industry continues to embrace blockchain, Kuhnert&#8217;s spokesperson insists that preserving decentralization must be a priority. 
"It's crucial to ensure these integrations respect the core principles of decentralization," the spokesperson stated. The push for blockchain's adoption should balance efficiency and transparency with maintaining its original mission of decentralized user control.
The upcoming <a href="https://benzinga.swoogo.com/digital-assets/6342807">Benzinga Future of Digital Assets </a>event will further explore these topics as industry leaders discuss how blockchain can reshape financial systems while remaining true to its purpose.
<hr class="wp-block-separator has-alpha-channel-opacity" />
As the digital asset market continues to mature, the convergence of regulatory shifts, M&amp;A activities and adoption trends will define the future of this dynamic field.&nbsp;<a href="https://www.benzinga.com/digital-assets" target="_blank" rel="noreferrer noopener">Benzinga&#8217;s Future of Digital Assets</a>&nbsp;event in New York City on Nov. 19 will provide industry leaders and investors a platform to explore these developments further, offering insights into the evolving regulatory environment and the latest market dynamics.
Photo by SvetlanaParnikova on Shutterstock

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Blockchain In Finance: 1iO's Take On Balancing Efficiency And Decentralization

The head-to-head race between former President Donald Trump and Vice President Kamala Harris remained close with less than one week until the<a href="https://www.benzinga.com/topic/2024-election"> 2024 presidential election.</a>
What Happened: Harris maintains a lead over Trump in many election polls as Election Day nears, but her odds in prediction markets and betting odds have trailed the former president by <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41635149/2024-election-odds-on-polymarket-kalshi-show-trump-will-win-why-they-might-be-wrong">a wide margin.</a>
A new Morning Consult <a href="https://pro.morningconsult.com/trackers/2024-presidential-election-polling?utm_source=briefing&amp;utm_medium=email&amp;utm_campaign=washington_am&amp;utm_content=102924">poll </a>of likely voters shows Harris' lead dropping, continuing a recent string of a lead of six points shrinking.
The new poll shows the following results from voters, with results from<a href="https://www.benzinga.com/general/politics/24/10/41477318/trump-vs-harris-vice-president-holds-slim-lead-losing-momentum-in-key-demographics-favorability-" target="_blank" rel="noreferrer noopener">&nbsp;the Oct. 22 poll&nbsp;</a>in parentheses:
<ul>
<li>Kamala Harris: 50 (50%)</li>
<li>Donald Trump: 47% (46%)</li>
<li>Someone Else: 1% (2%)</li>
<li>Don&#8217;t Know: 2% (2%)</li>
</ul>
The poll also found that 94% of Democrats backed Harris as their top pick, down one percentage point from last week&#8217;s poll. The poll also found 92% of Republicans backed Trump as their top pick, in line with last week&#8217;s poll.
Independent voters selected the following as their head-to-head preference, with the results from the Oct. 22 poll in parentheses:
<ul>
<li>Kamala Harris: 49% (47%)</li>
<li>Donald Trump:&nbsp;43% (43%)</li>
<li>Someone Else:&nbsp;4% (4%)</li>
<li>Don&#8217;t Know:&nbsp;4% (7%)</li>
</ul>
The vice president also has the edge in the 18-34 age voters demographic, leading 54% to 44%. The 10-point lead is up from last week's eight-point advantage for the vice president.
Did You Know?
<ul>
<li>Congress Is Making Huge Investments.&nbsp;<a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent103124" target="_blank" rel="noreferrer noopener">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
Why It&#8217;s Important: Harris&#8217; lead over Trump dropped to three points, down from a four-point lead in the past two weeks. The lead is down from a six-point lead Harris had several weeks ago.  
After seeing her lead decline in the key Independent and young voter demographics, Harris grew the lead in these two important voter segments with one week until Election Day.
Morning Consult said in the poll that 45% of likely voters said they had heard something positive about Harris, keeping a trend of the vice president having positive net buzz in place. The poll found that 49% of likely voters said they had recently heard something negative about Trump.
The good news for Trump in the poll, along with shrinking Harris' overall lead, is the Republican party being favored on several key election issues. The Republicans were more favored in the poll on items such as the economy, national security and immigration over the Democratic Party. In the poll, the Democratic Party was more favored on health care, climate change and abortion versus the Republican Party.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/general/sports-betting/24/10/41589659/trump-vs-harris-state-by-state-2024-election-betting-odds-which-candidate-is-favored-to-wi">Trump Vs. Harris: State-By-State 2024 Election Betting Odds, Which Candidate Is Favored To Win In Your Community?</a></li>
</ul>
Photo: Shutterstock

Harris Vs. Trump: Vice President's Lead Shrinks, Key Demographic Grows One Week Before 2024 Election Day

A legal dispute between the companies behind popular television game shows &#8220;Wheel of Fortune&#8221; and &#8220;Jeopardy!&#8221; <a href="https://www.benzinga.com/quote/SONY">has broken out</a>.
What To Know: Sony Group Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SONY#NYSE">SONY</a>) and CBS, which is owned by Paramount Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARA#NASDAQ">PARA</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARAA#NASDAQ">PARAA</a>), have worked together on the iconic game shows for years. Sony produces &#8220;Wheel of Fortune&#8221; and &#8220;Jeopardy!&#8221; and CBS oversees the distribution.
Sony on Thursday filed a lawsuit against CBS, claiming the company earned distribution fees from unauthorized deals and has become incapable of properly distributing the shows, according to a Wall Street Journal <a href="https://www.wsj.com/business/media/jeopardy-and-wheel-of-fortune-at-center-of-legal-feud-between-sony-and-cbs-d744b6fc">report</a>.
Sony alleged that CBS has assigned improper value to the shows to serve its own interests, including licensing the shows at prices below market rates and favoring its own shows when setting up distribution deals or selling ads. 
CBS has been in charge of distribution for the game shows since 1999, receiving 35% to 40% commissions on the fees television stations pay to carry the shows. The report indicates that typical distribution commissions are usually closer to 15%. &#8220;Wheel of Fortune&#8221; and &#8220;Jeopardy!&#8221; generate more than $100 million in profits each year, according to a person familiar with the matter.
Check This Out: <a href="https://www.benzinga.com/news/earnings/24/10/41666494/apple-q4-earnings-revenue-beat-eps-beat-installed-base-hits-new-highs-iphone-sales-rise-as-apple-in">Apple Q4 Earnings: Revenue Beat, EPS Beat, Installed Base Hits New Highs, iPhone Sales Rise As Apple Intelligence &#8216;Supercharges&#8217; Product Lineup</a>
Sony claimed CBS entered into long-term contract agreements with networks in New Zealand and Australia, which breaches contract terms that prohibit the company from signing deals that span more than two years.
Sony also alleged that layoffs at CBS have negatively impacted the teams that work on the iconic shows. 
"CBS has gutted the teams responsible for fulfilling its contractual obligations, requiring us to step in at our own expense," Sony said in a statement.
Sony reportedly said it&#8217;s seeking damages and plans to try to end its agreement with CBS to pursue alternative distribution and advertising partners. 
Shares of CBS parent Paramount Global were down 0.37% in after-hours, trading at $10.90 at the time of publication Thursday, per <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Read Next: 
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<li><a href="https://www.benzinga.com/general/gaming/24/10/41633013/sony-adds-new-death-note-game-to-november-ps-plus">Sony Adds New Death Note Game To November PS Plus</a></li>
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Photos: IMDb

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Sony Sues CBS, Alleges Breach Of Contract Related To Iconic Game Shows 'Wheel Of Fortune,' 'Jeopardy!'

Business Outlook
Intel's guidance for the fourth quarter of 2024 includes both GAAP and non-GAAP estimates as follows:
<figure class="table"> 
<table>
<tbody>
<tr>
<td colspan="1" rowspan="1">Q4 2024</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">GAAP</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">Non-GAAP</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Revenue</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$13.3-14.3 billion</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Gross Margin</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">36.5%</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">39.5%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Tax Rate</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">(50)%</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">13%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Earnings (Loss) Per Share Attributable to Intel—Diluted</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$(0.24)</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$0.12</td>
</tr>
</tbody>
</table>
</figure>
Reconciliations between GAAP and non-GAAP financial measures are included below. Actual results may differ materially from Intel's business outlook as a result of, among other things, the factors described under "Forward-Looking Statements" below. The gross margin and EPS outlook are based on the mid-point of the revenue range.

Guidance

INTC

Intel Sees Q4 2024 Non-GAAP EPS $0.12 Vs $0.08 Est.; Revenue $13.3B-$14.3B Vs $13.66B Est.

A recent analysis by the Centers for Disease Control and Prevention (CDC) reveals that workers in the food service and hospitality industries are among the highest consumers of <a href="https://www.benzinga.com/markets/cannabis/22/01/25169588/how-cannabis-legalization-is-changing-the-american-workplace">marijuana in the United States. </a>
The study, <a href="https://ajph.aphapublications.org/doi/10.2105/AJPH.2024.307788">published</a> in the American Journal of Public Health, draws from five years of federal health survey data, specifically the CDC's Behavioral Risk Factor Surveillance System (BRFSS) from 2016 to 2020.
<h3 class="wp-block-heading">Key Findings From The Study</h3>
Researchers gathered data from 128,615 individuals across 15 states, including Alaska, Colorado, Florida and Illinois. They discovered significant variations in cannabis use across different industries and occupations.
See Also: <a href="https://www.benzinga.com/markets/cannabis/23/08/33505217/cannabis-use-during-off-hours-not-associated-with-elevated-risk-of-workplace-accidents-finds-new">Cannabis Use During Off-Hours Not Associated With Elevated Risk Of Workplace Accidents, Finds New Study</a>
For instance, about 20.7% of employees in accommodation and food services reported using marijuana and 17.5% in arts, entertainment and recreation field. In contrast, law enforcement showed the lowest prevalence, with only 0.5% of workers reporting recent use.
When examined by occupation, food preparation and serving-related jobs led with 21.9%, followed by roles in arts and media at 17.0%. Interestingly, jobs in education and healthcare showed lower rates, with only 5.7% and 4.7% reporting cannabis use, respectively. Overall, the study found that approximately 10.7% of workers aged 18 and older reported past-month cannabis use.
<h3 class="wp-block-heading">Implications For Workplace Policies</h3>
The researchers noted that the findings can shape future discussions on workplace policies concerning drug use. They pointed out the need for strategies that minimize the risks associated with cannabis consumption, especially in industries prone to high injury rates like construction and forestry. 
"The primary goal for both employers and employees should be to limit the risk of injury while maintaining productivity," the report states.
Despite mixed evidence regarding the relationship between cannabis use and workplace accidents, concerns linger, particularly in safety-sensitive roles. 
"More research is needed to understand factors driving cannabis use in high-risk industries," the authors noted. They also called for clarity on how much cannabis use might affect job performance, stressing that many workers may consume cannabis outside of working hours.
<h3 class="wp-block-heading">Changing Legal Landscape And Workplace Drug Testing</h3>
As cannabis legalization continues to spread across the U.S., employers and policymakers are reevaluating drug testing protocols. Notably, companies like Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and <a href="https://www.benzinga.com/markets/cannabis/24/08/40611728/home-depot-to-end-marijuana-testing-limit-screening-for-most-employees-internal-memo-reveals">Home Depot Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</a>) have altered their drug screening practices</a>, moving away from pre-employment cannabis testing.
Some states have enacted laws to protect employees from discrimination related to lawful off-duty cannabis use, such as California and <a href="https://www.benzinga.com/markets/cannabis/23/02/31026805/job-seekers-relax-cannabis-use-no-longer-a-barrier-to-employment-in-washington-state">Washington.</a>
In New Jersey, ongoing litigation has emerged over police officers testing positive for THC, revealing conflicts between local governance and state guidelines. Meanwhile, Cleveland Ohio&#8217;s Mayor Justin Bibb announced changes to city job drug testing policies to align with the new cannabis laws.
<h3 class="wp-block-heading">Shifts In Sports And Cannabis Policies</h3>
Professional sports leagues are also revisiting their cannabis policies in response to changing societal views on marijuana. The National Basketball Association (NBA) and Major League Baseball (MLB) have both removed marijuana from their banned substances lists. 
The NCAA followed suit for Division I athletes, and the Ultimate Fighting Championship (UFC) has revised its stance as well.
However, there remains criticism of the World Anti-Doping Agency's ongoing prohibition of cannabis, especially following high-profile cases like that of the world&#8217;s fastest female runner Sha'Carri Richardson who was banned from <a href="https://www.benzinga.com/markets/cannabis/21/07/22025295/the-prohibition-of-cannabis-robbed-shacarri-richardson-but-also-expedited-the-federal-decriminal" target="_blank" rel="noreferrer noopener">competing at the Tokyo Olympics</a> for testing positive for cannabis in 2021.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/cannabis/24/02/36896965/wall-street-waves-goodbye-to-weed-testing-how-financial-giants-reshape-job-eligibility-in-the-ca">Wall Street Waves Goodbye To Weed Testing: How Financial Giants Reshape Job Eligibility In The Cannabis Era</a></li>
</ul>
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Which Industries Have The Highest Cannabis Consumption At Work? New Data Has Answers

Canaccord Genuity analyst Joseph Vafi maintains MicroStrategy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) with a Buy and raises the price target from $173 to $300.

Price Target

Analyst Ratings

MSTR

Canaccord Genuity Maintains Buy on MicroStrategy, Raises Price Target to $300

Helport AI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HPAI#NASDAQ">HPAI</a>) reported quarterly earnings of $47.24 thousand per share. This is a 53.06 percent increase over earnings of $30.86 thousand per share from the same period last year. The company reported $29.58 million in sales this quarter. This is a 132.37 percent increase over sales of $12.73 million the same period last year.

Earnings

HPAI

Helport AI FY EPS $47.24K Up From $30.86 thousand YoY, Sales $29.58M Up From $12.73M YoY

Alliant Energy Provides FY25 EPS Guidance Range Of $3.15 - $3.25 And Annual Common Stock Dividend Target Of $2.03

Nexa Res (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEXA#NYSE">NEXA</a>) reported quarterly earnings of $0.02 per share which missed the analyst consensus estimate of $0.12 by 83.33 percent. The company reported quarterly sales of $709.500 million which beat the analyst consensus estimate of $650.039 million by 9.15 percent. This is a 9.32 percent increase over sales of $649.000 million the same period last year.

Earnings Beats

Earnings Misses

NEXA

Nexa Res Q3 2024 Adj. EPS $0.02 Misses $0.12 Estimate, Sales $709.500M Beat $650.039M Estimate

Alliant Energy Narrows 2024 EPS Guidance From $2.99 - $3.13 To $2.99 - $3.06, Est $3.06

Alliant Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LNT#NASDAQ">LNT</a>) reported quarterly earnings of $1.15 per share which beat the analyst consensus estimate of $1.10 by 4.55 percent. This is a 9.52 percent increase over earnings of $1.05 per share from the same period last year. The company reported quarterly sales of $1.081 billion which beat $1.076 billion analyst consensus estimate. This is a 0.37 percent increase over sales of $1.08 billion the same period last year.

Alliant Energy Q3 2024 Adj EPS $1.15 Beats $1.10 Estimate, Sales $1.081B Beat $1.076B Estimate

Editors Note: The EPS and estimate were corrected, as was the consensus revenue estimate; bullet points updated.
Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) reported its third-quarter results after Thursday's closing bell. Here's a look at the <a href="https://www.benzinga.com/pressreleases/24/10/b41663729/intel-reports-third-quarter-2024-financial-results">details from the report.&nbsp;&nbsp;</a>
The Details: Intel reported an EPS loss of 46 cents against an estimate of a loss of two cents. Quarterly revenue clocked in at $13.28 billion, which beat the consensus estimate of $13.02 billion.
&#8220;Our Q3 results underscore the solid progress we are making against the plan we outlined last quarter to reduce costs, simplify our portfolio and improve organizational efficiency. We delivered revenue above the midpoint of our guidance, and are acting with urgency to position the business for sustainable value creation moving forward,&#8221; said Pat Gelsinger, Intel CEO. 
&#8220;The momentum we are building across our product portfolio to maximize the value of our x86 franchise, combined with the strong interest Intel 18A is attracting from foundry customers, reflects the impact of our actions and the opportunities ahead,&#8221; Gelsinger added. 
The company recorded an impact of negative 63 cents to non-GAAP EPS attributable to Intel from $3.1 billion of impairment charges.
&#8220;Restructuring charges meaningfully impacted Q3 profitability as we took important steps toward our cost reduction goal,&#8221; said David Zinsner, Intel CFO. &#8220;The actions we took this quarter position us for improved profitability and enhanced liquidity as we continue to execute our strategy. We are encouraged by improved underlying trends, reflected in our Q4 guidance.&#8221;
Outlook: Intel expects fourth-quarter earnings of 12 cents per share and gross margin of 39.5%. 
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="&#x1f534;WATCH LIVE: Intel Q3 2024 Earnings Call &#x7C; $INTC" width="500" height="281" src="https://www.youtube.com/embed/sP5p7kadP6U?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
Read Next: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41631795/reddit-remains-a-favorite-for-wall-street-after-emphatic-beat-and-raise-in-q3">Reddit &#8216;Remains A Favorite&#8217; For Wall Street After &#8216;Emphatic Beat And Raise&#8217; In Q3</a>
INTC Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Intel shares are up 12.27% after-hours at $24.17 at the time of publication Thursday.
Read Also:&nbsp;
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<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41497160/starbucks-analysts-bullish-on-ceo-brian-niccol-after-tough-preannouncement-zeroing-">Starbucks Analysts Bullish On CEO Brian Niccol After Tough Preannouncement: &#8216;Zeroing In&#8217; On Right Issues</a></li>
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Tech

Intel Stock Climbs On Better-Than-Expected Q3 Results: Details (CORRECTED)

Jefferies analyst Omar Nokta maintains Dorian LPG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LPG#NYSE">LPG</a>) with a Buy and maintains $42 price target.

Jefferies Maintains Buy on Dorian LPG, Maintains $42 Price Target

CORRECTION: Intel Q3 Adj EPS $(0.46) Misses $(0.02) Estimate, Sales $13.28B Beat $13.02B Estimate

Barrington Research analyst James Goss maintains Marcus (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCS#NYSE">MCS</a>) with a Outperform and maintains $20 price target.

Barrington Research Maintains Outperform on Marcus, Maintains $20 Price Target

Barrington Research analyst James Goss maintains Clear Channel Outdoor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCO#NYSE">CCO</a>) with a Outperform and maintains $2.5 price target.

Barrington Research Maintains Outperform on Clear Channel Outdoor, Maintains $2.5 Price Target

Barrington Research analyst James Goss upgrades Cinemark Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNK#NYSE">CNK</a>) from Market Perform to Outperform and announces $36 price target.

Upgrades

Barrington Research Upgrades Cinemark Hldgs to Outperform, Announces $36 Price Target

An announcement from Ispire Technology, Inc. (ISPR) is now available. Ispire Technology, Inc. has made an important investor presentation available...

Ispire Technology Shares Key Investor Presentation Online

In a report released today, Scott Fortune from Roth MKM maintained a Buy rating on Ispire Technology, Inc. (ISPR – Research Report), with a price t...

Ispire Technology, Inc. (ISPR) Receives a Buy from Roth MKM

The tobacco sector is viewed cautiously by Seeking Alpha subscribers

Ispire Technology, Inc. (ISPR) has provided an update. Ispire Technology Inc. solidified its executive leadership by entering into employment agree...

Ispire Technology Strengthens Leadership and Engages Shareholders

Ispire Technology files for $120M mixed securities shelf

Roth MKM analyst Scott Fortune reiterated a Buy rating on Ispire Technology, Inc. (ISPR – Research Report) today and set a price target of $12.50. ...

Warning: ISPR is at high risk of performing badly

Ispire Technology GAAP EPS of -$0.27 beats by $0.02, revenue of $151.9M beats by $3.07M

Ispire Technology Inc. (ISPR) Q4 2024 Earnings Call Transcript

Roth MKM analyst Scott Fortune assigned a Buy rating to Ispire Technology, Inc. (ISPR – Research Report) today and set a price target of $12.50. Th...

Roth MKM Releases a Buy Rating on Ispire Technology, Inc. (ISPR)

IMBBY

ISPR

JAPAF

JAPAY

TOKE

VICE

Contracts

Press Releases

Ispire Technology, Inc. Secures ODM Relationship with Leading Global E-Cigarette Brand

Small Cap

Ispire Technology Inc. Announces Participation in the Next Generation Nicotine Delivery USA 2024 Conference

Ispire Technology Inc. Signs Exclusive 30-Year Global Manufacturing and Distribution Agreement with US-Based Lifestyle Brand Hidden Hills Club

Ispire Technologies Inc. Schedules Fiscal Fourth Quarter 2024 Earnings Conference Call

Ispire Technology Inc. Announces Participation in Upcoming Conferences in September

Ispire Technologies Inc. Earnings Conference Call for Fiscal Fourth Quarter 2024 Rescheduled for September 26

Ispire Technology Inc. Reports Financial Results for the Fiscal Year 2024

Ispire Technology Announces Participation in Upcoming October Conferences

Ispire Technology Unveils Revolutionary "I-80" Vape Filling Machine at Benzinga Cannabis Capital Conference

Ispire Technology Expands Global Reach through 5-Year Master Distributor Agreement with ANDS for MENA and Global Duty-Free Markets

British American Tobacco Industries, p.l.c. Common Stock ADR

British American Tobacco

Altria Group

Philip Morris International Inc Common Stock

Philip Morris Intl

RLX Technology Inc. American Depositary Shares, each representing the right to receive one (1) Class A ordinary share

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