Intel fell 0.9%. CEO Lip-Bu Tan downplayed rumors that a recent hire from Taiwan Semiconductor Manufacturing had taken company data from the Taiwanese chip manufacturer. Local media reported this week that Taiwanese officials were investigating Wei-Jen Lo, who joined Intel in October. U.S.-listed shares of TSMC were down 3.1%.

US stocks gave up early gains to end lower after economic and rate uncertainty topple strong earnings from AI darling Nvidia and retail giant Walmart.

Stocks rallied in early trading on Thursday, just hours after blockbuster earnings from chip giant Nvidia and a stronger-than-expected jobs report. The Dow Jones Industrial Average jumped nearly 600 points, or 1.2%, while the S & P 500 climbed 1.8%. The tech-heavy Nasdaq soared 2.5%.

Asian stocks have tracked Wall Street’s plunge in skittish trading, with the region’s major benchmarks erasing the previous day’s gains.

Asian semiconductor stocks tumbled on renewed fears of an artificial-intelligence bubble, tracking U.S. declines from Thursday. European chip shares fell too. Shares in [Samsung Electronics](

Crude’s decline came after Ukrainian President Volodymyr Zelenskiy agreed to work on a peace plan, raising the likelihood of Russian energy re-entering into global supply. However, the decline also came as US sanctions on two Russian oil giants took effect today.

Throw in crazy AI valuations, for privately held startups and publicly traded stocks alike, and what we’re seeing looks a lot like a bubble. Perhaps this time is different. But note that phrase served as the ironic title of an acclaimed 2011 book by economists Carmen Reinhart and Kenneth Rogoff—a work whose subtitle is “Eight Centuries of Financial Folly.

The stumble in credit-sensitive stocks is turning into a swoon, which sink stocks. The MoneyShow Chart of the Day shows the performance of ETFs tracking BDCs and the broader finacial sector.

India's equity benchmarks closed marginally lower on Friday due to profit booking after U.S. jobs data dampened hopes of an imminent rate cut, but still logged weekly gains on improving earnings outlook.

US stocks were hammered on Thursday as an abrupt midday reversal in markets followed a blockbuster earnings report from Nvidia and the release of the long-delayed September jobs r