The 2 biggest events for Wall Street next week couldn’t be more different

All three major U.S. stock averages pulled back slightly for the week, though they remain near all-time highs ahead of next week’s Federal Reserve meeting. Earnings season is wrapping up with only a few S & P 500 companies still left to report; all Club names have now issued results. This reporting cycle was a … Read more

AI and semiconductor stocks surge after Nvidia’s earnings beat

A microchip and the Nvidia logo displayed on a phone screen are seen in this photo taken in Krakow, Poland, on April 10, 2023. Nurphoto | Getty Images Artificial intelligence and semiconductor chip stocks rallied Thursday after U.S. chip design firm Nvidia beat Wall Street’s expectations for fourth-quarter earnings and revenue on Wednesday and projected … Read more

India goes big to woo investors at World Economic Forum

India’s position on the global value chain is shifting due to government incentives and a digitally savvy economy Getty Premiums DAVOS, Switzerland — Along the Davos Promenade, attendees of the World Economic Forum stumble across the WeLead Lounge, a repurposed storefront showcasing India’s female leadership and talent. There’s also the India Engagement Center, a space … Read more

How Apple makes its own chips for iPhone and Mac, edging out Intel

Apple’s soaring stock price over the past two decades has been driven by its iconic consumer devices. It started with the iPod and iMac. Then came the iPhone and iPad. And more recently, the Apple Watch and AirPods. But there’s a lot more to the biggest U.S. company by market cap than just gadgets. At … Read more

Nvidia’s chips gas A.I. — Why the U.S. worries about China’s entry

Jensen Huang, president and CEO of Nvidia, speaks in the course of the Computex Present in Taipei on Might 30, 2017. SAM YEH | AFP | Getty Pictures Nvidia’s highly effective semiconductors have taken on specific significance as their capability to gas synthetic intelligence has turn into more and more wanted. However their distinctive capability … Read more

Apple’s Tim Cook dinner and tech execs meet Indian Prime Minister Modi

US President Joe Biden appears to be like on as India’s Prime Minister Narendra Modi speaks throughout a gathering with senior officers and CEOs of American and Indian corporations, within the East Room the White Home in Washington, DC, on June 23, 2023.  Brendan Smialowski | AFP | Getty Photos The CEOs of Apple, Alphabet, … Read more

U.S. and India set to announce flurry of offers on protection, chips, AI

U.S. President Joe Biden and First Girl Jill Biden (L) greet India’s Prime Minister Narendra Modi as he arrives on the South Portico of the White Home in Washington, DC on June 21, 2023. Mandel Ngan | Afp | Getty Photographs The U.S. and India are set to announce a slew of protection and know-how … Read more

Blinken in Beijing for high-stakes diplomacy after spy balloon saga

US Secretary of State Antony Blinken arrives in Beijing, China, June 18, 2023. Leah Millis | Afp | Getty Photographs BEIJING — U.S. Secretary of State Antony Blinken landed in Beijing Sunday on his first journey to China beneath the Biden administration. Delayed by greater than 4 months, Blinken’s journey marks a uncommon high-level assembly … Read more

U.S.-China chip struggle might harm Samsung, SK Hynix however not for lengthy: Fitch

Samsung Electronics Co. 8GB Double-Information-Fee (DDR) 4 reminiscence modules. SeongJoon Cho | Bloomberg | Getty Photos The U.S.-China chip struggle might affect South Korea’s chip giants as China accounts for a big chunk of their manufacturing capability — however there should not be long-term disruptions, in response to Fitch Rankings. Samsung Electronics and SK Hynix … Read more