The Dow is down 400 points, a loss of 1.7%. Investors have, ostensibly, panicked because of the latest news from the Chinese negotiations. Tech stocks, even given the 400...
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Today in the Trade War: Threats by Huawei and Bears have Fallen Flat
Over the weekend, market commentators have been shouting from the rooftops that the Trump administration’s crackdown on Chinese trade, especially including the blacklisting of most of tech giant Huawei’s...
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Dow Drops Over 400 Points after China Plans to Raise Tariffs on U.S.
U.S. markets spiraled down on Monday morning after a report by The Wall Street Journal suggested that China is planning to raise tariffs on certain U.S. imports. The report...
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Intel Shares Fall After Forecasting Weaker Guidance
Intel Corporation (NASDAQ: INTC) reported its first quarter financial results after the market close on Thursday. The chipmaker topped its quarterly estimates for both earnings and revenue, however, the...
Qualcomm Incorporated (NASDAQ: QCOM) saw its shares surge as high as 41.99% after the Company and Apple, Inc. (NASDAQ: AAPL) agreed to dismiss all litigation between the two. Qualcomm...
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Intel Downgraded by Wells Fargo on Lower Demand
Wells Fargo & Co. (NYSE: WFC) lowered its rating of Intel (NASDAQ: INTC) shares to market perform from outperform on Friday. The firm said that Intel is facing weakening...
Nvidia Corporation (NASDAQ: NVDA) announced on Monday that it has agreed to acquire Mellanox for USD 6.9 Billion to further advance its high performance computing. Mellanox shares gained 8.4%...
U.S. markets opened weaker on Monday after the chip sector plummeted following Nvidia’s (NASDAQ: NVDA) guidance slash for its fourth-quarter financial results. Nvidia said in a press release that...
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January 25, 2019 Weekly Wrap up LIVE from the floor of the NYSE
On Monday markets were closed for the Martin Luther King Jr. holiday, and on Tuesday the existing home sales report for December fell a larger than expected 6.4% to...
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Amazon Web Services Launces Arm-Based Server Chips
Amazon.com Inc.’s (NASDAQ: AMZN) cloud business introduced on Monday a new server chip powered by the energy-efficient Arm processing architecture, a cheaper computing option. Amazon Web Services, the clear...
