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Wall Street
Broadcom lifts Q4 revenue forecast on soaring AI chip demand
California– Broadcom, the California-based semiconductor giant, projected stronger-than-expected fourth-quarter revenue on Thursday, driven by soaring demand for artificial intelligence chips that continue to reshape...
Trump converts Intel into state asset with forced 10 percent government...
Washington — US President Donald Trump has taken another unprecedented step to tighten state control over corporate America, announcing that the United States will...
US stocks end week mostly lower as weak economic data fuels...
New York — Wall Street closed the week on a downbeat note as investors weighed fresh economic data that signaled renewed headwinds for the...
Nvidia and AMD coerced to pay 15% of China chip revenues...
Washington — In a move that underscores Washington’s increasingly transactional approach to so-called “national security,” the Biden administration has coerced US semiconductor giants Nvidia...
May PCE report shows stubborn inflation, forcing Fed to rethink summer...
The Federal Reserve’s preferred inflation measure edged higher in May, offering a sobering reminder that while overall price pressures are cooling, core inflation remains...
Wall Street opens higher on hopes of a breakthrough in the...
The Dow Jones Industrial Average rose 30.85 points, or 0.09%, to open at 32,795.50.The Standard & Poor's 500 index rose 4.88 points, or 0.12%,...
Fake photo of Pentagon explosion sends Wall Street crashing
This image, which several observers believed was the result of generative artificial intelligence, once again highlighted the many problems that this advanced technology could...
Tech companies are tweeting out of the herd… so what about...
A report by "Bloomberg " described technology companies as a "bright spot" during the first quarter of this year 2023, despite the problems plaguing...
US stocks swing as investors celebrate inflation data
The consumer price index released by the Labor Department rose 4.9% in April from a year ago, against an expected increase of 5%, raising...
US stocks…temporary or prolonged losses?
These factors generate short-term risks in the stock market, which is reflected in investor trends and in the light of various current economic indicators,...
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Broadcom lifts Q4 revenue forecast on soaring AI chip demand
California– Broadcom, the California-based semiconductor giant, projected stronger-than-expected fourth-quarter revenue on Thursday, driven by soaring demand for artificial intelligence chips that continue to reshape...
Giorgio Armani’s death raises questions over the future of his fashion...
Milan — The death of Italian designer Giorgio Armani has left the global fashion industry grappling with the future of the empire he built,...
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