
Shares of several big-name chipmakers declined during the session, putting pressure on the Nasdaq and broader market.
Shares of several big-name chipmakers declined during the session, putting pressure on the Nasdaq and broader market.
Nvidia last week struck a deal with the U.S. government to resume selling products in China, in exchange for giving it a 15% cut of the sales.
The potential deal would convert the CHIPS ACT grants into equity, but wouldn't come with governance rights in Intel, Lutnick said.
Crypto stocks were among the hardest hit on Tuesday as investors dumped tech names.
Conflicts of interest on government vaccine panels were at historic lows before RFK Jr.'s overhaul, while Epic touts new AI tools at annual Users Group Meeting.
Palantir's stock fell for a fifth straight day to continue its pullback from all-time highs.
TJX, Costco and Amazon are well-positioned to provide the kind deals shoppers want.
S&P Global warned U.S. government debt credit ratings could "come under pressure" if political developments affect the independence of the Federal Reserve.
More than 4 million boomers will hit 80 in the next five years, and occupancy at both active adult and assisted living communities is already rising fast.
Databricks said that it's closing a funding round that will value the company at over $100 billion, up from $62 billion late last year.