The red-hot PC market is rapidly slowing after surging during the COVID-19 pandemic, and powerhouse chip players AMD and Intel are feeling the financial pain. “We have taken a more conservative outlook on the PC business,” AMD CEO Dr. Lisa Su said on an earnings call late Tuesday. “So a quarter ago, we would have […]
(Bloomberg) — The list of obstacles to the stock market rally gets longer by the day. Most Read from Bloomberg Equities had a blast in July with those in Europe and the US rising the most since 2020, yet it’s a long way from a short-term bear market rally to a sustained move higher. And […]
We’ve seen two conflicting trends in the markets this year – a sharp drop, into bear territory, in the first five months, and a strong rally since the beginning of June. Both trends have been overlaid on increased volatility, creating a confusing market environment even when the buying kicked back in. Along with the unpredictable […]
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