Lam Slides After Revenue Declines for Third Straight Quarter
Lam Research Corp. fell as much as 3.8% in late trading after revenue fell for a third straight quarter, a sign demand for chipmaking equipment remains sluggish.
Lam Research Corp. fell as much as 3.8% in late trading after revenue fell for a third straight quarter, a sign demand for chipmaking equipment remains sluggish.
The wife of US Senator Bob Menendez pleaded not guilty to revised federal charges that accuse her of conspiring with her husband and a businessman to act as a foreign agent of Egypt, as well as receiving hundreds of thousands dollars in bribes.
President Joe Biden said Egyptian President Abdel Fattah El-Sisi had agreed to allow as many as 20 truckloads of aid into the Gaza Strip.
Devon Energy Corp., an Oklahoma City-based oil and gas company, is studying major acquisition targets as it seeks to gain scale in US shale, according to people familiar with the matter.
Emerging-market assets were under pressure Wednesday as soaring oil prices and conflict in the Middle East overshadowed any optimism generated by forecast-beating Chinese growth data.
Costco Wholesale Corp. said Chief Executive Officer Craig Jelinek will step down after over a decade at the helm during which shares and revenue soared at the warehouse club retailer.
A giant exchange-traded fund tracking the Nasdaq 100 (QQQ) advanced in late trading as Tesla Inc. rebounded, while Netflix Inc. rallied after earnings. The gains signaled a recovery in megacaps, following a slide driven by geopolitical risks and higher Treasury yields.
A giant exchange-traded fund tracking the Nasdaq 100 (QQQ) advanced in late trading as Tesla Inc. rebounded, while Netflix Inc. rallied after earnings. The gains signaled a recovery in megacaps, following a slide driven by geopolitical risks and higher Treasury yields.
President Joe Biden’s 7.5-hour trip to Tel Aviv signaled full US backing for Israel but fell short on another key goal: winning over Arab leaders.
President Joe Biden’s 7.5-hour trip to Tel Aviv signaled full US backing for Israel but fell short on another key goal: winning over Arab leaders.