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Pat Gelsinger isn’t Intel’s CEO yet, but he is already rallying the troops MarketWatch 1/22/2021 MARKETWATCH FIRST TAKE Pat Gelsinger doesn’t officially start his new job until Feb. 15, but the incoming Intel Corp. chief executive has already begun rallying the troops. On Thursday’s fourth-quarter earnings conference call with Wall Street, Gelsinger sat in virtually with the CEO he is replacing, Bob Swan, and gave some glimpses of his strategy for the semiconductor giant and its current manufacturing issues. The general rallying cry: We are going to do things the Intel way. The most...

The COVID-19 earnings recession is expected to remain, but an end may be in sight MarketWatch 1/19/2021 EARNINGS WATCH After the holiday quarter last year snapped an earnings recession, the same is not expected this year — but it isn’t impossible, and may happen three months late. Popular Searches Quarterly profits for the S&P 500 are expected to drop as fourth-quarter results roll in during the coming weeks, after declining in each of the first three quarters of 2020. Analysts predict an upswing throughout 2021, though, as well as fourth-quarter numbers that beat their average expec...