U.S. stocks closed mixed as a tech and semiconductor sell-off dragged down the Nasdaq and S&P 500, while the Dow gained. Escalating Middle East tensions and inflation worries pressured risk assets, e…
SK Hynix shares fell despite a record Q2 profit, as earnings missed lofty expectations and plans for increased AI capital spending sparked overinvestment fears. The broader semiconductor sector faces…
The S&P 500 slipped 0.25% as the recent semiconductor rally cooled. Chip stocks faced renewed selling pressure after significant volatility, with Micron and Broadcom among the decliners. Despite cool…
Market indicators show significant divergence, with the semiconductor sector (SOX) and information technology (S5INFT) experiencing notable declines. Meanwhile, the Dow Jones Industrial Average (DJI)…
Major semiconductor stocks including Intel, Broadcom, and Micron faced significant selling pressure, dragging down the broader semiconductor index. This sector-wide decline signals cooling investor s…
Major semiconductor stocks including Marvell, Nvidia, and Broadcom experienced significant declines in today's session. The broad sell-off in the chip sector is weighing heavily on market sentiment a…
Broadcom shares fell nearly 8% amidst a broader market decline that saw South Korea's KOSPI and Japan's Nikkei 225 tumble, although Nasdaq futures managed a minor rebound.
Broadcom shares plummeted after the company provided underwhelming AI revenue guidance despite recent earnings beats. This disappointment sparked a broader semiconductor selloff, fueled by profit-tak…
Broadcom (AVGO) shares plummeted following fiscal guidance that failed to meet high market expectations. This weak outlook triggered a broader sell-off in global semiconductor stocks, fueling investo…
The S&P 500 is trading lower as escalating US-Iran tensions and rising oil prices create geopolitical uncertainty. While the energy sector and certain software stocks are gaining, chip manufacturers …
U.S. stocks fell modestly on Monday amid Middle East tensions and Iran concerns. Rising oil prices and Treasury yields weighed on sentiment, though homebuilder confidence improved unexpectedly. Semic…