The stock market was volatile after the Fed made its expected 25-basis-point rate hike Tuesday afternoon, and indexes saw larger moves when Chair Jerome Powell gave prepared remarks. X The Dow Jones…
Tag: CHIP
Wall St dips as Fed decision looms; AMD boosts chipmakers
Fed’s rate decision expected at 1400 ET AMD expects strong second half of 2023 Amgen weighs on Dow as Q4 revenue falls slightly EA cuts bookings view, shares slide Indexes down: Dow…
Chip war: Japan and Netherlands expected to join US in ban on tech exports to China
A Washington official has made the most direct comments by a US authority to date acknowledging the existence of a deal with Japan and the Netherlands for those countries to impose new…
Intel slashes employee, exec pay amid PC market downturn
Jan 31 (Reuters) – Intel Corp (INTC.O) said on Tuesday that it had made broad cuts to employee and executive pay, a week after the company issued a lower-than-expected sales forecast driven…