SEOUL — Samsung Electronics Co.’s string of record results is expected to end, as the global tech boom slows amid rising inflation and economic uncertainties. On Thursday, the South Korean tech giant Read more
Tag: Computers/Electronics
Chip sales stay hot, but analysts warn of impending freeze
Global semiconductor sales rose by double digits in May, but analysts aren’t buying that the boom in chip sales will continue. The Semiconductor Industry Association trade group announced Tuesday that global chip Read more
U.S. stock futures struggle to make headway as traders await Fed minutes
U.S. stock futures slipped on Wednesday in a sign Wall Street may struggle to continue its latest rally as investors adopt a cautious stance ahead of Fed minutes. How are Read more
Think twice before you trade in your old smartphone or tablet — you could make more money ‘upcycling’ on resale sites
When it comes to old personal tech lying around the house — from smartphones to tablets to gaming consoles — many people may not realize how much value is still Read more
Chip sector looks at 10% drop on week as signs point to declining demand
The semiconductor sector was facing one of its worst weeks in an already lousy year following more evidence that the COVID-19 chip sector boom was drawing to a close. On Read more
Wall Street on course to continue its rotten run, with ISM manufacturing data in focus
U.S. stock futures edged lower on Friday as worries about slowing economic growth continued to suppress investors’ risk appetite, potentially extending a rotten run that saw Wall Street record its Read more
Opinion: The chip boom likely over, as Micron says it’s in a ‘downturn’
The semiconductor boom of the past two years appears to be ending. Memory-chip maker Micron Technology Inc. MU, -1.32% gave a downbeat forecast for its next fiscal quarter Thursday, predicting Read more
Micron’s weak forecast adds to Wall Street concerns that chip demand is drying up
Micron Technology Inc. added to Wall Street fears late Thursday that customers may have loaded up on chips during the shortage after the memory-chip maker forecast a poor outlook following Read more
Wells Fargo CEO Charles Scharf: ‘Real-estate values moderating in the long term are a good thing’ and believe it or not, gas prices have been edging down ahead of Fourth of July
Hi, MarketWatchers. Don’t miss these top stories. ‘Grant Bae was a scam’: FTC shuts down grant-writing service they say ripped off dozens of minority-owned businesses during the pandemic Regulators say Read more
Opinion: A Google engineer said an artificial-intelligence program came to life. This is why that couldn’t happen
News that resembles the plot of the 2013 sci-fi movie “Her” has made rounds in the media. Google engineer Blake Lemoine risked his career to try and prove to his Read more