On Monday, Shares of Intel Corporation (NASDAQ:INTC), gained 0.59% to $32.26.
On June 9, Intel Capital, Intel Corporation’s global investment organization, recently declared the Intel Capital Diversity Fund, which will invest in technology startups run by women and underrepresented minorities. Also unveiled were the fund’s first investments in four companies led by inspiring trailblazers. The largest of its kind, the fund totals about $125 million, and investments will cover a broad spectrum of innovative industries.
“We believe that a diverse and inclusive workplace is fundamental to delivering business results,” said Intel CEO Brian Krzanich. “Our aim with this new fund is to meaningfully support a technology startup workforce more reflective of society, and ultimately to benefit Intel and the broader economy through its success.”
“We are proud to take a leading role toward broader participation in technology entrepreneurship and employment,” said Lisa M. Lambert, managing director and vice president of Intel Capital, who is leading the Intel Capital Diversity Fund. “With this new fund, Intel Capital is committed to investing in the best talent from a myriad of backgrounds to cultivate brilliant innovations that serve the needs of a diverse public.”
Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. It operates through PC Client Group, Data Center Group, Internet of Things Group, Mobile and Communications Group, Software and Services, and All Other segments.
Shares of Goldcorp Inc. (NYSE:GG), declined -1.46% to $16.23, during its last trading session, hitting its lowest level, as Gold prices fell Monday as hopes for a deal between Greece and its creditors drove investors out of the safe-haven metal, while large stockpiles and potentially weak demand pushed platinum and palladium to multi-year lows.
Gold for August delivery, the most commonly traded contract, closed down 1.5% at $1,184.10 a troy ounce on the Comex division of the New York Mercantile Exchange. It was gold’s biggest one-day drop since May 19. WSJ Reports.
Goldcorp Inc. engages in the acquisition, exploration, development, and operation of precious metal properties in Canada, the United States, Mexico, and Central and South America. The company primarily explores for gold, silver, copper, lead, and zinc deposits.
Finally, The Charles Schwab Corporation (NYSE:SCHW), ended its last trade with 2.14% gain, and closed at $33.37.
Boys & Girls Clubs of America (BGCA) and Charles Schwab Foundation have named Eric Cruz of Boys & Girls Clubs of Truckee Meadows the eighth annual National Ambassador for the Money Matters: Make it CountSM financial education program. The National Ambassador serves as an advocate for the program and is charged with promoting financial education for lifelong financial health and well-being to teens across the country. Cruz is the second teen from the Boys & Girls Clubs of Truckee Meadows to win this honor.
Cruz decided to take part in the Money Matters program for the opportunity to learn healthy financial habits from an practiced adult and mentor. As a high school student in Reno, with aspirations to attend the University of Nevada, he was driven to learn how to save money, set financial aims and balance a school budget. Now as the national ambassador, he hopes to inspire and motivate other youth to learn what it takes to be financially fit at any age.
“Before participating in Money Matters, my savings mostly compriseed of a couple of dollars a week, which would ultimately be depleted by the end of the week because I would just see my money and spend it,” he said. “After participating in the program, those spending patterns have become nonexistent. I’ve created a bank account for myself that takes a percentage from my paycheck and puts it into a savings account that I will use for college.”
As Money Matters National Ambassador, Cruz will receive a $5,000 college scholarship from Charles Schwab Foundation.
“Our Money Matters National Ambassadors serve a crucial role in communicating the value of positive financial habits to their peers,” said Carrie Schwab-Pomerantz, president of Charles Schwab Foundation. “Having a successful teen like Eric who influences his friends and family extends and deepens the impact of the Money Matters program and further advances our movement to strengthen financial fitness for Americans.”
Cruz, who will graduate from high school this year, is a leader in his community both through school clubs and various Boys & Girls Club programs. He plans to pursue a degree in nursing from the University of Nevada, Reno, and hopes to continue his education in a Physicians Assistant program after earning his undergraduate degree.
The Charles Schwab Corporation, through its auxiliaries, provides wealth administration, securities brokerage, banking, money administration, and financial advisory services. The company operates through two segments, Investor Services and Advisor Services.
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