Intel surge sparks chip rally
According to AP, “Intel carries Wall Street toward another record, while oil prices yo-yo lower”, Intel’s blowout quarter and stronger guidance sent shares and U.S. chip indexes higher as AI-driven demand for CPUs accelerates — AI is refueling the semiconductor rally. [AP News](https://apnews.com/article/75bd462d6795062bed788709d647dc68)
Meta to cut 10% amid AI push
According to TechCrunch, “Meta to cut 10% of jobs, or 8,000 employees, report says”, Meta plans roughly 8,000 layoffs and will pause hiring for about 6,000 open roles to offset massive AI capital spending — LAYOFFS are central to its cost-and-capability reset. [TechCrunch](https://techcrunch.com/2026/04/23/meta-job-cuts-10-percent-8000-employees/)
CISA warns of persistent ‘FIRESTARTER’ backdoor
According to The Record, “CISA: US agency breached through Cisco vulnerability, FIRESTARTER backdoor allowed access through March”, CISA and the U.K.’s NCSC say the FIRESTARTER backdoor can survive firmware patches on Cisco Firepower devices, creating long-term PERSISTENCE risks and prompting urgent forensic checks. [The Record](https://therecord.media/cisa-us-agency-breached-cisco-vulnerability-backdoor)
DOJ ends Powell probe
According to AP, “Justice Department drops criminal probe of Fed chair Powell, likely clearing the way for Warsh” — the DOJ closed its investigation on April 24, 2026, removing a major obstacle to Kevin Warsh’s Senate confirmation and easing near‑term uncertainty around Fed leadership. Keyword: Fed. [AP News](https://apnews.com/article/federal-reserve-investigation-powell-justice-department-28d04cc0d99cda25cea69931f65e25d3)
Intel blowout lifts chips
According to Yahoo Finance, “Tech stocks today: Intel stock soars 25%, Meta to cut 10% of workforce, Microsoft offerings buyouts” — Intel delivered a blowout Q1 (roughly $13.6B revenue, $0.29 EPS) and raised Q2 guidance, sending INTC sharply higher and powering gains across semiconductor peers as AI demand rebounds. Keyword: AI. [Yahoo Finance](https://ca.finance.yahoo.com/news/tech-stocks-today-apple-stock-falls-as-wall-street-sizes-up-new-ceo-john-ternus-anthropic-makes-progress-on-pentagon-deal-144220057.html)
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