Apple is lobbying the Trump administration for clearance to buy memory chips from Chinese manufacturer CXMT as the artificial intelligence boom pushes up semiconductor costs and strains global…
UK equities came under pressure as weakness across consumer staples, defence and mining stocks weighed on market sentiment.Investors also assessed fresh economic data showing a slowdown in mortgage…
Comcast on Monday unveiled plans to break itself into two publicly traded companies, separating its connectivity operations from its media and entertainment assets in the latest attempt by…
South Korean stocks have soared in the past few months, with the KOSPI Index doubling this year, helped by the strong performance of Samsung and SK Hynix. It…
The S&P 500 Index has come under pressure in the past few days, moving from the year-to-date high of $7,620 to the current $7,354. This retreat continued amid…
A bruising week for technology stocks has raised fresh questions about whether the artificial intelligence-fuelled market rally is becoming too volatile for comfort. A selloff that began on…
ON Semiconductor shares plunged about 21% on Friday after the chipmaker announced a $7 billion acquisition of Synaptics, a deal aimed at strengthening its position in the emerging…
Figma’s stock price has imploded since its initial public offering (IPO) last year as the exuberance that fueled its private-market valuation collided with the realities of life as…
Nvidia stock (NVDA) fell again on Friday as a broader technology-sector selloff continued to pressure artificial intelligence stocks, leaving the chipmaker on track for its worst weekly performance…