To be fair, Intel is not the only chip company that’s having a tough time this…
Tag: investing
Stocks plunge as recession fears mount
The Dow (INDU) tumbled 662 points, or 2.2%, in early afternoon trading. The S&P 500 (SPX)…
Japan intervenes to prop up the yen for first time in 24 years
“In the current foreign exchange market, we are seeing rapid and one-sided movements against the backdrop…
Hong Kong stocks hit an 11-year low after historic Fed rate hike
The Hang Seng Index (HSI) fell as much as 2.6%, breaking below 18,000 points, before recovering…
Wonder where the economy is heading? Pay attention to earnings
Still, investors remain nervous about the health of the railroad business, a sign of the jitters…
Time for someone else to ride the Peloton bike?
Shares of Peloton (PTON) are down a staggering 70% this year. Co-founders John Foley and Hisao…
Volkswagen targets 75 billion euro valuation in landmark Porsche IPO
Volkswagen (VLKAF) will price preferred shares in the flotation of Porsche AG at 76.50 euros to…
British pound hits a 37-year low as UK economy skids
The currency fell below $1.14, its lowest since 1985, after the Office for National Statistics said…
The Fed could crash the housing market
One area of growing concern: housing. Interest rate hikes can lead to higher mortgage rates, which…
Ukraine’s victories are exciting Wall Street. The boost could soon fade
But investors remain cautious as they look ahead, warning that there are still too many unknowns…
