Global chip stocks experienced a significant decline on Tuesday, as a widespread selloff in technology shares propagated from Asia to Europe, posing a risk of pulling Wall Street down at the opening. This downturn was driven by increasing apprehensions regarding inflated AI valuations and the potential for elevated U.S. borrowing costs. In South Korea, memory Read More
Stock futures indicated a significant upward movement following the Memorial Day holiday, with semiconductor shares at the forefront of the gains. Meanwhile, oil prices exhibited a mixed performance, as WTI futures declined following President Donald Trump’s assertion that peace talks were “proceeding nicely.” In contrast, global Brent crude experienced an uptick after the U.S. engaged Read More
