US stock markets declined on Friday due to rising oil prices and a bond market sell-off, which increased fears of interest rate hikes by the Federal Reserve. The 10-year Treasury yield hit its highest level in a year, and traders now expect no rate cuts in 2026, with a possible hike before year-end. The Nasdaq 100 and Russell 2000 indexes were among the hardest hit, while energy stocks gained on higher crude prices. Precious metals like gold and silver dropped sharply amid a stronger dollar and rising real yields. The lack of progress in US-China talks and ongoing tensions in the Strait of Hormuz added to market uncertainty.
Intel Foundry has begun high-volume manufacturing of select Intel Core Ultra Series 3 processors, known as Panther Lake, using ASML's High NA EUV lithography on the Intel 18A process node. This marks a key milestone in semiconductor manufacturing, de...
The Direxion Daily Semiconductor Bull 3X Shares (SOXL) surged nearly 293% year-to-date but recently fell about 30% in the last month, including a sharp 16% drop in one day. SOXL uses leverage to triple daily semiconductor index returns, but this also...
Bank of America highlights a divergence in earnings outlooks for CPU makers AMD, Intel, and ARM amid a mixed market. While PC and smartphone sales are declining, AI server chip demand is surging, benefiting AMD with expected earnings beats and raised...
VLUE and VTV are both value ETFs but use different strategies: VLUE targets the cheapest stocks within each sector, maintaining sector neutrality, while VTV invests in a broad, market-cap-weighted basket of large-cap value stocks. This difference led...
Intel's stock surged 369% driven by strong demand for its traditional Xeon CPUs used in AI inference servers, overshadowing setbacks in its specialized AI chip project, Gaudi. While the market initially focused on Intel's slower-than-expected AI chip...
