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U.S. equities slipped as August payrolls of 162,000, far above the 55,000 consensus, pushed traders toward a higher Fed-rate path. Chips outperformed while software, retail, gold and bitcoin weakened.
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President Donald Trump said on Friday that data centers could eventually become a bigger industry than oil, calling them significant for the U.S. economy. President Donald Trump ‘s former Counterterrorism Chief Joe Kent has reaffirmed his stance that the U.S. should exit the Strait of Hormuz and claim victory in the Ir
A second straight cool inflation reading and a wave of upbeat bank earnings pushed the Dow and small caps higher by midday Wednesday, even as a selloff across memory-chip and hardware stocks dragged the Nasdaq 100 into the red. Headline producer prices dropped 0.3% in June versus expectations for no change, with the an
Micron and six other companies control the price of memory used in AI servers, with prices rising roughly fivefold in 12 months
Micron Technology, Qualcomm, The Wendy's Company, SanDisk, and Western Digital are gaining attention after reporting strong earnings and outlooks, with Micron's revenue exceeding analyst expectations and Qualcomm raising its long-term outlook