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Apple AAPL stock fell around 1% on Tuesday after KeyBanc Capital Markets downgraded the iPhone maker, citing slowing hardware demand, weaker growth expectations, and valuation concerns despite the stock’s strong…
Bank of America (BAC) shares are extending gains on Tuesday morning after the investment firm came in handily above Street estimates for its fiscal Q2. BAC earned $1.21 on a…
Arm Holdings shares fell more than 6% on Tuesday after HSBC downgraded the chip designer to Hold, saying foundry capacity constraints are likely to limit earnings upside despite the company’s…
President Donald Trump said on Monday that the United States would reinstate its naval blockade of Iranian ships and charge a 20% fee on cargo passing through the Strait of…
US chip stocks are extending losses on July 13 as Washington and Tehran lock horns in a dangerous new phase of open hostility. Over the weekend and into Monday morning,…
SpaceX stock (SPCX) fell for a second consecutive trading session on Monday, moving closer to the company’s $135 initial public offering price just days after joining the Nasdaq-100 index. The…
TSMC’s second-quarter revenue beat market expectations, giving investors another sign that demand for AI chips remains strong heading into the semiconductor earnings season. The world’s largest contract chipmaker reported April-June…
Investors may be entering a second phase of the artificial-intelligence trade as enthusiasm begins to spread beyond the companies supplying chips and memory for data centres. Semiconductor stocks surged in…
