Qualcomm heads into Q3 report with handset sales seen falling 21%
Qualcomm reports third quarter earnings on Wednesday, and analysts expect both profit and revenue below last year's. Handset sales are...
Stock Market News
Latest stock market news covering equities beyond the Magnificent 7 — sector earnings, IPOs, M&A activity and broader market moves.
Baird downgrades Caterpillar as data center construction backlash spreads across states
Baird Equity Research cut Caterpillar to neutral from outperform on Wednesday, citing the moratorium on computing facilities construction that New...
Chip maker shares slide as investors question AI spending
Shares in Korean chip makers SK Hynix and Samsung have fallen 46% and 35% over the last month, stoking concerns...
KOSPI sheds roughly 35% in July as semiconductor selloff triggers circuit breakers
South Korea's KOSPI has lost roughly 35% of its value this month, and circuit breakers have been triggered multiple times...
Leveraged semiconductor ETF falls nearly two-thirds while the underlying index drops 25%
Leveraged semiconductor funds have lost far more than the chip sell-off alone would suggest. The iShares Semiconductor ETF is down...
