What happened
Semiconductor maker Nvidia (NASDAQ: NVDA) has been a darling of Wall Street over the last several years. Shares more than doubled in 2021 alone, and have more than tripled over the last three years. But investors have soured on the stock lately, with Nvidia shares d
Nasdaq’s PHLX Semiconductor Sector IndexSM has become one of the best-known and most widely tracked subsector indexes in the technology sector. Now investors are empowered to manage their exposure using the new CME Group E-mini PHLX Semiconductor Sector futures contract.
U.S. stocks finally managed to stage a comeback on Thursday, with the Dow and S&P 500 snapping their four-day losing streak to begin a new month on a high, as investors shifted focus to a key jobs report on Friday ahead of the Labor Day weekend. However, the Nasdaq en
U.S. stock index futures jumped on Friday after data showed stronger-than-expected jobs growth in August but cooling wage increases and a rise in unemployment rate that eased some concerns about inflation.
The Nasdaq Composite entered a bear market in mid-March, and the losses accelerated in the second quarter as investors reacted to worsening inflation. By the end of June, the tech-heavy index was 31% off its high. But that didn't stop hedge fund managers John Overdeck and Steve
U.S. stock index futures edged lower on Friday ahead of data that will likely show that the labor market remained strong, bolstering the case for another outsized interest rate hike by the Federal Reserve later this month.
These are challenging times for investors, as the Nasdaq Composite has languished in a bear market since earlier this year, down more than 25% from its November high. Many technology stocks have fallen even further, weighed down by fears of economic headwinds and the "is-it-or-is
Taiwan Semiconductor TSM is a central player in the manufacture of chips for companies like Apple, NVIDIA, and Marvell.My colleague Derek Lewis profiled TSM last month and highlighted the company's stunning doubling of revenue in less than 3 years.This year's topline will
Chip designer Nvidia Corp this week said the United States told it to restrict exports to China of two computing chips for artificial intelligence work, the latest move in a broader government effort to hamper China's access to the most sophisticated semiconductors.
Stock markets finally came back to life on Thursday, as major market benchmarks recovered from substantial losses early in the session. The Nasdaq Composite (NASDAQINDEX: ^IXIC) still lost ground, but the Dow Jones Industrial Average (DJINDICES: ^DJI) and S&P 500 (SNPINDEX: ^
The United States beefed up its effort to cut off the flow of advanced technology to China by instructing Nvidia Corp and Advanced Micro Devices to stop sending their flagship artificial intelligence chips there.
September kicked off on a stormy note on Thursday, as persistent worries about rising global interest rates and recessions hounded stocks, bonds and oil prices, and vaulted the U.S. dollar to a 24-year high against the yen.
The United States beefed up its effort to cut off the flow of advanced technology to China by instructing Nvidia Corp and Advanced Micro Devices to stop sending their flagship artificial intelligence chips there.
A look at the day ahead in Asian markets from Jamie McGeever The new month has not signalled a new dawn for financial markets, and the noose of tightening financial conditions - a soaring dollar, rising bond yields, aggressive expectations for central bank policy rates - is choking investor sentiment even more.
The S&P 500 managed to eke out a slight gain on Thursday to snap a four-session losing skid thanks to a late rally as investors eyed a key report on the labor market on Friday.
Technology stocks recovered partially Thursday afternoon, with the SPDR Technology Select Sector ETF (XLK) dropping 1.1% shortly before the closing bell although the Philadelphia Semiconductor Index was sinking 2.6% after the federal government issued new restrictions on exporti
Advanced Micro Devices AMD recently announced that its AMD Pensando Distributed Services Card is selected as the first data processing unit (DPU) solution to support VMware’s VMW vSphere 8, also procurable from leading server vendors like Dell Technologies DELL, HPE and L