A Dutch chipmaking giant sparked chaos after it accidentally published a disappointing financial outlook a day earlier than scheduled – slashing billions in market value across the semiconductor sector. Shares of ASML — which manufactures equipment used to make chips, including the processors used to power artificial intelligence — sank nearly 6% Wednesday. The stock…
By Stella Qiu SYDNEY (Reuters) -Asian stocks edged lower on Tuesday, contrasting with a strong Wall Street close and investor optimism about corporate earnings, while the dollar held near a two-month top, aided by bets on a smaller U.S. rate cut next month. Oil prices fell about 3% after Israeli Prime Minister Benjamin Netanyahu reportedly…
On today’s episode of Market Domination Overtime, Hosts Julie Hyman and Josh Lipton analyze the market close and discuss some of the biggest stories from the trading day. The Dow Jones Industrial Average (^DJI) closed above its flatline on Friday, while the Nasdaq Composite (^IXIC) and S&P 500 (^GSPC) stumbled in the trading session. Overall,…