A look at the day ahead in U.S. and global markets from Mike Dolan World markets struggled to find a footing on Wednesday after Europe’s ASML sideswiped the global chip sector late yesterday with a surprisingly weak orders outlook and investors prayed the flub was a one-off as third-quarter earnings …
Read More »ASML warning shocks global chip investors
By Toby Sterling and Nathan Vifflin AMSTERDAM (Reuters) – Investors and analysts are reviewing their assessments of computer chip equipment maker ASML, they said on Wednesday, after the company cut 2025 financial guidance, citing weakness in markets other than AI and delayed orders. The position of ASML, Europe’s most valuable …
Read More »Chinese Stocks on Brink of Correction as Investor Patience Wanes
(Bloomberg) — Chinese stocks fell to the verge of a correction in a sign of growing disappointment over the pace of stimulus rollout. Most Read from Bloomberg The CSI 300 Index ended the day 0.6% lower, bringing its declines from an Oct. 8 high to nearly 10%. A gauge of …
Read More »Alibaba, Baidu Invest in Chinese Smart-Driving Tech Company’s Near $700 Million IPO
Alibaba, Baidu Invest in Chinese Smart-Driving Tech Company’s Near $700 Million IPO Source link
Read More »Global Chip Stocks Lose $420 Billion After ASML Sales Warning
(Bloomberg) — Investors in chip stocks are facing a fresh gut check after a tepid outlook from key equipment supplier ASML Holding NV sparked a global rout in the sector. Most Read from Bloomberg Combined market value losses for an index of US-traded chipmakers plus the largest Asian stocks reached …
Read More »Indexes fall from records as chip rout drags tech shares lower
Chip Somodevilla/Getty Images A sell-off in semiconductors pulled stock indexes away from record highs. The rout was led by Dutch chip firm ASML, which shed 17% on Tuesday. The decline overshadowed better-than-expected bank earnings results. A drop in chipmaker shares on Tuesday hit pause on the latest rally, yanking indexes …
Read More »Why Semiconductor Stocks Micron, Applied Materials, and KLA Corporation Plunged Today
Shares of memory leader Micron (NASDAQ: MU), Applied Materials (NASDAQ: AMAT), and KLA Corporation (NASDAQ: KLAC) plunged on Tuesday, down 4.3%, 10.9%, and 15.5%, respectively, as of 3:28 p.m. ET. Semiconductor stocks largely sold off across the board today after equipment leader ASML Holdings (NASDAQ: ASML) accidentally leaked its third-quarter …
Read More »JPMorgan Sells $8 Billion of Corporate Bonds After Earnings
(Bloomberg) — JPMorgan Chase & Co. sold $8 billion of US investment-grade corporate bonds on Tuesday after posting earnings on Friday, setting the stage for a potential flood of issuance from top Wall Street banks. Most Read from Bloomberg The biggest lender in the US by assets sold the bonds …
Read More »Jim Cramer Says Earnings Season Will Fuel Market’s Record Run, But Warns Of This ‘Horrendous’ Headwind That Could Apply Brakes To Rally
Jim Cramer Says Earnings Season Will Fuel Market’s Record Run, But Warns Of This ‘Horrendous’ Headwind That Could Apply Brakes To Rally Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. The S&P 500 and the Dow Jones Industrial Average are perched …
Read More »Asian Stocks Slide as Tech Selloff Hurts Risk Mood: Markets Wrap
(Bloomberg) — Stocks in Asia declined following a US selloff after a disappointing outlook from Europe’s most-valuable tech firm and concern about tighter US curbs on chip sales hit the industry that’s powered the bull market. Most Read from Bloomberg Equity benchmarks in Sydney, Tokyo and Seoul all fell, while …
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