Episode Details
Back to Episodes
Tech Mixed, Markets Rise on Chip Gains
Description
Stocks surged Thursday on solid chipmaker earnings, lifting global indexes including the MSCI world index up 0.42%. Tech showed mixed results—with big names falling amid concerns over future spending and rate hikes—while the Nasdaq dipped. Semiconductors led gains, fueled by AI demand from firms like Micron and Qualcomm, though rising chip costs pressured some hardware makers. Oil prices edged up near pre-conflict levels, boosting airlines. Europe rallied, with the Stoxx 600 up 0.92%, driven by financials and Bayer’s 19% jump after a favorable Supreme Court ruling on Roundup claims.
Support the show:
Get a discount at https://solipillow.com/discount/dnn.
Advertise on DNN:
advertise@thednn.ai
This is an automated, high-level news summary based on public reporting.
Report issues to feedback@thednn.ai.
View sources & latest updates:
https://sources.thednn.ai/e4011ef331bce4e5