What drove last week’s volatile market

Wall Street got back to its winning ways last week after navigating a hawkish Federal Reserve meeting, volatile swings in chip stocks, and a critical round of Big Tech earnings. The Dow Jones Industrial Average rose 1% for the week, snapping a three-week losing streak. The S & P 500 gained 1% last week, while…

Read More

SK Hynix, Samsung Electronics, SoftBank

A semiconductor wafer is on display at Touch Taiwan, an annual display exhibition in Taipei, Taiwan April 16, 2025. Ann Wang | Reuters Asian technology stocks extended their sell-off on Wednesday, with semiconductor names leading declines after another weak session in the U.S. In South Korea, SK Hynix slid more than 10% after the chip…

Read More

Here are 4 forces that drove a tough week for stocks

It was a tough week for stocks, as investors navigated everything from escalating tensions in the Middle East to key tech earnings reports to healthcare developments. Logging their second straight weekly losses, the S & P 500 slipped 0.6%, while the tech-heavy Nasdaq fell 2.1%. Here’s a closer look at what drove the trading action….

Read More

Microsoft signs on to rack AI system that rivals Nvidia

After a decade-long comeback, chip giant Advanced Micro Devices is preparing to ship its first rack-scale system for artificial intelligence, called Helios, to a growing list of customers that now includes Microsoft. It’s the first rival to Nvidia‘s wildly popular Grace Blackwell and Vera Rubin systems, and is aiming to give the world’s most valuable…

Read More