Nowhere to hide: Tech selloff hits software and chip stocks alike
The software and semiconductor sectors haven’t been trading in tandem much this year, but they collectively fell Friday as AI and interest-rate fears hit the market.
The software and semiconductor sectors haven’t been trading in tandem much this year, but they collectively fell Friday as AI and interest-rate fears hit the market.
Roblox (RBLX -26.85%) told investors Thursday to expect third-quarter bookings of $1.576 billion to $1.653 billion, a decline of 14% to 18% from a year ago. It also declined to offer a full-year outlook, accelerating a planned shift to quarterly only guidance. Shares fell about 27% Friday, hitting a fresh 52-week low near $34. Management…
In the news release, DALLAS HORSEMEN APPOINT ALEXIS MIESTOWSKI AND MARISSA WENZLER AS CO-GENERAL MANAGERS, issued 30-Sep-2026 by Grass League over PR Newswire, we are advised by the company that changes have been made. The complete, corrected release follows: DALLAS HORSEMEN APPOINT ALEXIS MIESTOWSKI AND MARISSA WENZLER AS CO-GENERAL MANAGERS Professional Golfers and Digital Creators…
India wants to promote trade settlements in rupee to help partner countries facing a shortage of hard currencies so that they continue importing essential goods, Finance Minister Nirmala Sitharaman said on Friday. When countries struggling to access hard currencies often face difficulties in maintaining trade despite their need to import goods, and local currency settlements…
US-Iran tensions continue to dominate proceedings in the new week !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}
Bank of America’s stock falls as investor disappointment over the $1.2 billion government fine added to the bank’s downbeat earnings report.
The final-sale dress that looks different at home, the jacket that misses its return deadline and the beach purchase that gets plenty of use before summer ends present versions of the same problem: The shopper owns merchandise that has value but no longer has an easy way to turn it back into money. A return’s…