The semiconductor company suffered a steep decline after a brokerage downgrade cited weakening orders from automotive customers slowing their EV programmes.
Tag: Drops
Nasdaq Drops 2.21% and S&P 500 Falls 1.44% in Broad AI Trade Sell-Off
The Nasdaq’s worst single-day drop in two weeks was led by semiconductor chip stocks amid global risk-off sentiment tied to AI valuations.
Amazon Drops Nearly-Finished Sam Altman Biopic Citing $50 Billion OpenAI Partnership
The film was abandoned after Amazon’s $50B OpenAI investment deal, raising conflict-of-interest concerns about releasing an unflattering depiction.
Nasdaq Drops 2.21% and S&P 500 Falls 1.44% in Broad AI Stock Sell-Off
US markets extended Monday’s losses as semiconductor stocks led a global tech sell-off that wiped out recent gains.
Sensex Drops 893 Points as IT and Metal Stocks Lead Indian Market Decline
Indian equity benchmarks closed sharply lower Tuesday dragged by IT, metal and PSU banking stocks amid weak global cues from Asia.
Deforestation in the Amazon drops to lowest level in a decade
Strict enforcement policies in Brazil are showing tangible results in saving the rainforest.
BIS Innovation Hub Drops Progress Report on Shared Distributed Ledger Project Agora
The update details how cross-border commercial bank deposits and tokenized central bank reserves are being tested.
Dow Jones Drops 118 Points as Investors Weigh Mixed Market Signals
The Dow Jones Industrial Average fell 118.02 points or 0.23% to close at 50461 as investors balanced optimism on Iran talks against concerns over inflation and consumer spending.