(Bloomberg) -- Chinese stocks rallied, with the onshore benchmark gauge capping its best day in nearly six months, as anticipation grew for Beijing to bolster its struggling economy.Most Read from BloombergThe CSI 300 Index rose 2.2% on Wednesday, the most...
(Bloomberg) -- Tokyo Electron Ltd. and ASML Holding NV led a worldwide rally in semiconductor stocks after Reuters reported the Biden administration planned to exempt chip-equipment makers in Japan, the Netherlands and South Korea from upcoming export restrictions.Most Read from...
(Corrects paragraph 5 to remove the word countries)By Karen FreifeldNEW YORK (Reuters) -The Biden administration plans to unveil a new rule next month that will expand U.S. powers to stop exports of semiconductor manufacturing equipment from some foreign countries to...
(Bloomberg) -- Stocks rebounded as traders shifted focus to the Bank of Japan’s press briefing and the potential for the Federal Reserve to turn dovish later Wednesday.Most Read from BloombergFinancial shares led gains in the Topix index after the Bank...
Source: TradingView.comKey TakeawaysMicrosoft shares fell nearly 3% in Tuesday’s extended trading session after the tech giant reported better-than-expected quarterly results but missed Wall Street’s revenue estimate for its cloud segment.The earnings-driven drop comes after Microsoft shares have fallen nearly 10%...
Trump Accuses OPEC Of Manipulating Oil Prices To Favor Kamala Harris, Warns 'She Will Be A Disaster For The USA!'Former President Donald Trump accused the Organization of the Petroleum Exporting Countries (OPEC) of deliberately driving down oil prices to benefit...
(Bloomberg) -- Intel Corp. plans to eliminate thousands of jobs to reduce costs and fund an ambitious effort to rebound from an earnings slump and market share losses.Most Read from BloombergThe workforce reduction may be announced as early as this...
Bloomberg / Contributor / Getty Images AMD CEO Lisa Su at Computex 2024 in Taipei, Taiwan, on Monday, June 3, 2024.Key TakeawaysAdvanced Micro Devices reported second-quarter sales that surpassed analysts' expectations.The chipmaker's top-line gains came as data center revenue more...
Beata Zawrzel / NurPhoto / Getty ImagesAfter Microsoft (MSFT) reported better-than-expected earnings for the fiscal fourth quarter but its cloud growth missed estimates, executives gave investors an update on the tech giant's investments in artificial intelligence (AI), capacity constraints, outlook,...
Arista Networks (ANET) on Tuesday reported second-quarter earnings and revenue that topped analyst estimates. Arista stock initially fell then reversed up. ↑ X NOW PLAYING Rotations, Retracements And Regressions: Why Our Focus Is On ETFs The maker of cloud-computing network...
