Qualcomm (QCOM) shares fell following a report that the company has looked into buying segments of Intel (INTC), potentially including its PC chip design business. Reuters on Friday the maker of semiconductors for mobile devices has explored the idea of purchasing different parts of Intel. One of its sources said that the PC design unit is of “significant interest,” although they are considering all of Intel’s design operations.

There's Another Intel Deal Report Out There. This Time It's About Qualcomm

Super Micro Computer shares fell Friday morning as analysts downgraded the stock amid uncertainty over its regulatory filings and concerns about how customers could respond. The server maker recently said it was delaying the filing of its annual report with the SEC to ensure its "internal controls over financial reporting" are effective.

There's No 'Clear Rationale' for New Investors to Buy Super Micro Stock: JP Morgan

Chip stocks had their worst week since January 2022, as AI investor favorite Nvidia lost about 14% during the holiday-shortened trading week. Broadcom shares fell 10% after the company disappointed investors with its earnings report, and the stock lost nearly 16% of its value this week. Chip stocks’ rough week...

Why Nvidia and Chip Stocks Just Had Their Worst Week in More Than 2 Years

Most Wall Street analysts are bullish on Apple stock ahead of the "It's Glowtime" iPhone 16 launch event on Monday, Sept. 9. The company is expected to unveil the iPhone 16 supercharged with artificial intelligence (AI) together with Apple's next-generation AirPods and Apple Watch. Consensus analysis compiled by Visible Alpha...

What Wall Street Analysts Think of Apple Stock Ahead of Monday's iPhone 16 Event

BMW and Toyota are teaming up to develop hydrogen fuel cell technology. The two carmakers will jointly develop the powertrain system for passenger vehicles that will be used in models for both. BMW said it plans to offer its first-ever series production fuel cell electric vehicle (FCEV) in 2028. German...

BMW, Toyota To Collaborate on Hydrogen Fuel Cell Technology

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

community_voice

NewsNinja

An Aldi shopper recently shared her disturbing experience with a moldy rice package from the supermarket, sparking debate. A TikTok user named @defonotlils posted a video on June 6 that quickly became popular, accumulating more than 674,600 views. In the video, she shares what happened after finding out about something.

This is why I don’t shop at Aldi: Woman can’t believe what she found in her packaged rice from Aldi

Federal Reserve Gov. Christopher Waller said the Federal Reserve should cut interest rates at its upcoming September meeting, as other officials also got behind the Fed taking action. New York Fed President John Williams and Chicago Fed President Austan Goolsbee also said it was time for the Fed to act...

Here's What Federal Reserve Officials Said After Friday's Jobs Report

Unemployment is rising, and more workers are unsatisfied with their wages. If you find yourself without a job, having an emergency fund with income for six to nine months can provide some financial wiggle room. Experts said that putting money aside in a high-yield savings account from an online bank...

3 Ways Experts Say You Can Stash Cash If You're Worried About Your Job

Inflation has fallen in recent months, while at the same time the labor market seems to be cracking under pressure. Federal Reserve officials, who are evaluating data as they consider cutting interest rates, have said they are shifting their attention to better prioritize keeping as many people employed as possible.

Why Labor Market Data Has Become The Focus For Investors And The Fed

The number of job openings slipped to its lowest in more than three years in July, adding to recent data showing the labor market is cooling off. Job openings have slipped as the Federal Reserve's campaign of anti-inflation interest rate hikes has taken its toll. High borrowing costs have discouraged...

Job Seekers Found Fewer Opportunities In July As Labor Market Cooled

Broadcom's (AVGO) artificial intelligence (AI)-related outlook will be in investors' sights during the chipmaker's quarterly results after the bell; U.S. President Joe Biden reportedly is preparing to block Nippon Steel's $14.1 billion takeover of U.S. Steel (X); Verizon Communications (VZ) is buying Frontier Communications (FYBR) in an all-cash deal valued at $20 billion; Stellantis (STLA) temporarily pauses production of its top-selling Jeep Wrangler and Grand Cherokee sports-utility vehicles; and Tesla (TSLA) is planning to delay its Full Self-Driving (FSD) release in China and Europe until the first quarter of 2025. U.S. stock futures are little changed after markets closed mixed Wednesday. Here's what investors need to know today.

5 Things to Know Before the Stock Market Opens

Broadcom's earnings after the bell Thursday could help chip stock recover after shares of Nvidia and other semiconductor companies tumbled earlier this week. Nvidia shares lost ground Tuesday and Wednesday amid concerns about the chipmaker's outlook and following reports U.S. regulators sent the company subpoenas, though Nvidia denied the reports.

Could Broadcom's Earnings Lift Chip Stocks Out of Their Recent Nvidia-Led Slump?

A worse-than-expected report on the labor market in August raised the odds that the Federal Reserve would open its rate cut campaign in September with a jumbo 50-point cut. Job growth fell short of expectations, while previous months were downwardly revised sharply. However, a smaller rate cut was still on...

How Will Friday's Jobs Report Affect The Fed's Decision on Interest Rate Cuts?

Apple will hold an event on Monday where it's expected to unveil the highly anticipated iPhone 16 supercharged with artificial intelligence (AI). New devices and the integration of Apple Intelligence would benefit the iPhone maker, but Apple's stock price could decline on the day of the event, Morgan Stanley analysts suggested.

How Apple’s Highly Anticipated iPhone 16 Launch Event Could Affect Its Stock

Hewlett Packard Enterprise shares dropped more than 3% in premarket trading Thursday, even as the storage and server maker reported fiscal third-quarter earnings that topped Wall Street estimates. The company, while lifting its annual profit guidance, left its full-year revenue forecast unchanged, possibly disappointing investors amid lofty expectations for AI-fueled...

Watch These HP Enterprise Price Levels as Stock Drops After Earnings

Nvidia shares lost ground Wednesday, extending Tuesday's losses following reports the U.S. Department of Justice (DOJ) sent subpoenas to the chipmaker as part of an antitrust investigation. The decline in Nvidia's stock price also comes after the chipmaker's sales forecast may have fallen short of investors' lofty expectations, despite beating...

Nvidia Stock Extends Losses After Report of DOJ Subpoenas

Kentucky State

Users in NewsBreak’s Contributor Program who have verified their accounts by showing hard news writing experience on other platforms.

contributor

Jefferson County, KY

Louisville, KY

Northern Kentucky Tribune

Federal, state and local public health officials have confirmed the first case of the Oropouche virus in Kentucky and Jefferson County in a person who had returned to Louisville after traveling to the Caribbean.

Health officials report first case of Oropouche virus, aka ‘Sloth Fever,’ confirmed in Kentucky

Friday's report on the job market showed employers kept hiring in August, although not at a high enough rate to silence talk of a possible recession ahead. Economists found some encouraging data, some worrisome data, and plenty of mixed signals to debate about. On the positive side, the economy kept...

Does Job Market Weakness Signal a Recession is Coming? What Economists Say

Tesla is planning to delay its Full Self-Driving (FSD) release in China and Europe until the first quarter of 2025. In a post on X, the electric-vehicle (EV) maker helmed by Elon Musk said the technology is "pending regulatory approval" from local authorities. Tesla, which reportedly was planning to launch...

Tesla To Delay Full Self-Driving Rollout in China, Europe

Oracle is scheduled to report fiscal first-quarter earnings after the closing bell on Monday. The company has high hopes for cloud infrastructure growth in fiscal 2025. Shares hit a record high after the company announced deals with Microsoft and OpenAI alongside its last quarterly results, reported in June. Oracle (ORCL)...

What You Need To Know Ahead of Oracle's Earnings Monday

NewsBreak

Intel Stock Drops Further as Silicon Wafers Reportedly Fail Broadcom Tests

Intel shares fell further Wednesday amid a broader selloff of chip stocks, as the company's contract manufacturing business got another piece of bad news. Reuters reported...

Intel Stock Drops Further as Silicon Wafers Reportedly Fail Broadcom Tests

Comments / 0