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Stay informed with the latest developments in the financial markets.

Intel's woes wipe out $1 trillion of semiconductor market cap in one day

Intel's shares plunged 30%, erasing nearly $150 billion in market capitalization in a single day. The decline followed a disappointing financial outlook, largely driven by an anticipated drop of more than 20% in sales at Intel's client computing group (CCPG), the ... .

Asian shares fall on selling of tech shares as markets watch for results of US midterm elections

Asian markets declined as investors awaited U.S. midterm election results and continued selling technology and AI-related shares amid concerns over valuations. Japan’s Nikkei dropped 3.6%, South Korea’s Kospi fell 3.2%, and Taiwan’s Taiex lost 2.3%.

Nvidia and other Big Tech stocks lift the US market despite drops for Apple and much of Wall Street

A rebound in influential Big Tech stocks, including Nvidia and Broadcom, lifted the S&P 500 and Nasdaq, despite declines in Apple and other S&P 500 stocks. The S&P 500 rose 0.4% to 7,568.92, and the Nasdaq gained 0.8% to 25,372.01, while the Dow fell 0.4% to 51,786.72.