U.S. equities stormed back from deep losses triggered by the Fed's rate hike decision after Chairman Jerome Powell said the central bank’s efforts to control inflation are “working as expected”.
February 2, 2023
2427
Major averages hit their lows of the session after Federal Reserve Chairman Jerome Powell signaled more data was needed before the central bank would meaningfully change its view of inflation.
December 15, 2022
1931
U.S. stock futures are trading down slightly this European afternoon, following a 5th straight day of losses for the S&P 500 as Wall Street weighed the likelihood of another bear market.
December 8, 2022
2616
U.S. equities rose for a second straight session ahead of today’s much-anticipated speech from Fed Chairman Jerome Powell at the central bankers’ summit in Jackson Hole, Wyoming.
August 26, 2022
2792
Intel is in everyone’s focus now because of the unleashing semiconductor shortage saga. Intel updated its shortage forecast several times during this and previous years, so now the company warns that the issue may persist through 2023.
October 22, 2021
3075
According to the Wall Street Journal, Taiwan Semiconductor Manufacturing Co.’s (TSM) enormous market niche poses risks to the entire global economy, amid geopolitical tensions between the U.S. and China and a protracted worldwide microchip shortage.
June 24, 2021
3451
Intel (INTC) CEO Pat Gelsinger said back in April that the global semiconductor chip shortage won’t disappear until "a couple of years from now," and reiterated that forecast yesterday at the Computex event in Taipei, Taiwan.
June 1, 2021
4024
August 4, 2021
4101
August 6, 2021
4093
July 2, 2021
4055
