Red on Wall Street – weak week for Apple
After Wall Street closed on somewhat brighter figures on Wednesday, the New York Stock Exchange soured again on Thursday. Apple has fallen more than 12 percent this week, which suggests that the company is heading towards its worst week since March 2020.
Business
Technology stocks drive the market on a cheerful New York stock exchange
The electric car manufacturer Tesla, the semiconductor giant Nvidia, the processor company Intel – and falling market interest rates as well as increased hopes of interest rate cuts on top of that. This is how five of the reasons behind Friday's good mood on the New York stock exchange are spelled.
Technology
Red on Wall Street – Boeing retreated
Monday trading on the New York Stock Exchange turned red. Among the losers was the airline giant Boeing, whose share fell back after the weekend's accident in South Korea.
Business
Support Package to Intel Set - Receives 87 Billion
The Biden administration has barely two months before the shift in power in January finalized a support package for the American processor manufacturer Intel worth 7.9 billion dollars.
Business
Wall Street opens upwards after weak job figure
The stock exchanges in New York open Friday's trading upwards after an unexpectedly weak job figure for October from the US Department of Labor. American long-term interest rates are simultaneously being pushed downwards.
Business
Volatile on the US stock exchange – Nvidia declined
The last trading day of the week on Wall Street went in different directions: Dow Jones up, Nasdaq down, S&P 500 in between. Among the day's losers were chip giants AMD and Nvidia.
Business
Mixed on Wall Street – Intel rose after rumor
The conclusion of the trading week was volatile, with varying colors on Wall Street's leading indexes.
Business
Setback for Germany as Intel pauses factory
The data chip manufacturer and IT giant Intel is pausing multi-billion investments in two planned factories in Germany and Poland – a significant setback for the two countries.
Business
Green on Wall Street – up for Nvidia
After a volatile stock market day, Wall Street finally closed on the green – and several tech stocks took a significant leap upwards. Nvidia climbed over 8 percent.
Business
Red on Wall Street – Nvidia crashes
Wall Street fell sharply on Tuesday, with declines in several sectors. Among the major losers was Nvidia, which fell almost 10 percent.
BusinessTop news
Nvidia falls - "The market has become spoiled"
Nvidia – AI boom's big winner – beats expectations on almost all lines in its report for the second quarter. This also applies to the forecast ahead. But the stock falls. The market has become spoiled, says fund manager Carl Armfelt to TT.
Business
Why the IT giant is making a billion-loss
The IT giant Intel is facing a painful billion-loss – and is forced to lay off thousands of employees. The main reason for the setback is that the company failed to compete in the AI race. They got a taste of their own medicine, says Magnus Mähring, professor at the Stockholm School of Economics.
BusinessTop news
Historic downturn for Intel on the red New York stock exchange
The stock exchanges fell sharply in Friday's stock trading on Wall Street. The three leading indexes on the New York Stock Exchange closed on minus. IT giant Intel plummeted by as much as 26.1 percent and had its worst stock market day since 1974.
Business
Tech giant lays off 15,000 – aims to save billions
It's not going well for Intel. The IT giant is having a hard time competing in the AI race. After a billion loss during the last quarter, significant staff reductions are expected. The stock plummeted like a stone after the announcement.
Technology