Qualcomm shares jump as AI sparks rebound in Chinese smartphone market
Qualcomm was on course to add more than $18-billion to its market value if the gains hold during the session
Source: theglobeandmail.com
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Markets today: Wall Street mixed after Fed decision
US stocks finished mixed after the head of the Federal Reserve said the cuts to interest rates that Wall Street craves so much are still likely, even if they’re delayed because of stubbornly high inflation.
Source: watoday.com.au
AI stocks plunge after AMD gives weak forecast for chip sales
Shares of Super Micro Computer, AMD, and Nvidia erased a collective $143 billion in market value on Wednesday.
Source: yahoo.com
Japan's Nikkei squeezes out modest gains as yen, Wall Street weigh
Japan's Nikkei share average eked out meagre gains on Thursday, with the yen's sudden appreciation and a mixed performance on Wall Street dragging on sentiment. The Nikkei was up 0.07%...
Source: marketscreener.com
AI hardware stocks get pummeled even as big tech keeps spending
The good news for makers of semiconductors and other artificial intelligence computing hardware: Tech giants plan to continue heavily spending. The bad news…
Source: biztoc.com