Stock Market Today: Dow edges lower
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Nvidia And Intel Lead Tech Stock Drop As White House Reportedly Seeks Equity For CHIPS Grants
Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money promised under Biden.
Following its first-ever stablecoin-settled initial public offering (IPO), the digital asset firm's stock fell more than 6%.
Viking Therapeutics Inc.’s worst stock drop in nine years has handed traders betting against the company a gain big enough to turn their money-losing year into a profitable one.
Analog Devices stock was rising Wednesday after the semiconductor company posted earnings that beat Wall Street expectations and offered an upbeat outlook for the current quarter.The company reported adjusted earnings of $2.
Albemarle is my top lithium play, benefiting from a potential lithium market turnaround and its status as the world's largest producer.
Legislation to ban members of Congress and their families from trading individual stocks to prevent conflicts of interest has been introduced by a Virginia lawmaker. Rep.
Lowe's stock rose after second-quarter adjusted earnings topped expectations. The company is buying Foundation Building Materials for $8.8 billion.
But Intel wasn't alone in winning CHIPS Act grants. As CNBC points out, Taiwan Semiconductor (TSMC) was awarded $6.6 billion in U.S. government semiconductor subsidies. And now it seems U.S. Commerce Secretary Howard Lutnick may want to convert that grant into an equity stake as well.