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US chipmakers rise after Fed rate cut

BUZZ-US chipmakers rise after Fed rate cut ** Shares of U.S. chipmakers rise after Federal Reserve cuts interest rates ** Shares of AI chip bellwether Nvidia NVDA.O up 1.3%, rival AMD AMD.O up 1% ** Fed cuts interest rates by half of a percentage point ** Rate cuts are expected to help allay some concerns over Big Tech pulling back on hefty AI inve
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Broadcom rises, set for best day in over one month

BUZZ-Broadcom rises, set for best day in over one month ** Shares of chipmaker Broadcom AVGO.O jump 6% to $149.27, on track for best day since Aug. 8 if gains hold ** Stock top gainer on the Nasdaq 100 .NDX ** KeyBanc sees positive implications for Broadcom from latest Apple AAPL.O iPhone 16's AI-powered features, unveiled Monday, citing new phone's Wi-Fi 7 upgrade - thefly.com ** AVGO rises for second consecutive day after slumping over 10% on Sept.
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Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Arm Holdings PLC ARM.OQ +6.5% Super Micro Computer Inc SMCI.OQ +5.8% Monster Beverage Corp MNST.OQ +4.8% Moderna Inc MRNA.OQ +4.4% Marvell Technology Inc MRVL.OQ +3.9% Bottom Performers Percent Change AstraZeneca PLC AZN.OQ -2.7% Lululemon Athletica Inc LULU.OQ -2.3% Illumina Inc ILMN.OQ -2.0% Alphabet Inc GOOG.OQ -1.9% Alphabet Inc GOOGL.OQ -1.9% The Nasdaq 100 .NDX gained 205.99
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Wall St eyes higher open on soft landing optimism

US STOCKS-Wall St eyes higher open on soft landing optimism For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Boeing jumps after reaching tentative labor deal Eli Lily up after appointing insider Montarce as CFO Dell, Palantir rise as stocks to be added to S&P 500 Futures up: Dow 0.56%, S&P 500 0.53%, Nasdaq 0.60% Updated at 8:25 a.m.
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Futures start week on upbeat note as soft landing optimism lingers

US STOCKS-Futures start week on upbeat note as soft landing optimism lingers For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Boeing jumps after reaching tentative labor deal Dell, Palantir rise as stocks to be added to S&P 500 Futures up: Dow 0.68%, S&P 500 0.74%, Nasdaq 0.85% Updated at 7:00 a.m.
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Wall Street stocks fall, big weekly drop as market waits for Fed to move

US STOCKS-Wall Street stocks fall, big weekly drop as market waits for Fed to move Fed's Waller says time has come to cut rates Broadcom tumbles after downbeat Q4 revenue forecast Losses in 'Magnificent Seven' pressure techs Indexes: Dow off 1.01%, S&P 500 down 1.73%, Nasdaq down 2.55% Updated to 4:10 pm By Chibuike Oguh NEW YORK, Sept 6 (Reuters) - U.S.
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Wall Street stocks fall; jobs data feeds uncertainty about rate cuts

US STOCKS-Wall Street stocks fall; jobs data feeds uncertainty about rate cuts Fed's Waller says time has come to cut rates Broadcom tumbles after downbeat Q4 revenue forecast Losses in 'Magnificent Seven' pressure techs Updates to 4 pm By Chibuike Oguh NEW YORK, Sept 6 (Reuters) - U.S. stocks fell on Friday weighed down by a jobs report that showed a continued labor market slowdown but left traders uncertain about how far the Federal Reserve will go in cutting interest rates.
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Wall Street stocks fall; jobs data feeds uncertainty about rate cuts

US STOCKS-Wall Street stocks fall; jobs data feeds uncertainty about rate cuts Fed's Waller says time has come to cut rates Broadcom tumbles after downbeat Q4 revenue forecast Chip index set for biggest weekly drop since March 2020 Indexes: Dow off 1.04%, S&P 500 down 1.80%, Nasdaq down 2.62% Updates to 2:30pm By Chibuike Oguh NEW YORK, Sept 6 (Reuters) - U .S.
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Wall St slides to over 3-week low after mixed payrolls data

US STOCKS-Wall St slides to over 3-week low after mixed payrolls data For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Fed policymakers say they are ready to cut interest rates Broadcom tumbles after downbeat Q4 revenue forecast Chip index set for biggest weekly drop since March 2020 Indexes: Dow off 0.81%, S&P 500 down 1.47%, Nasdaq down 2.30% Updated at 11:44 a.m.
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Broadcom pushes Philadelphia chip index on track for worst week in more than 2-1/2 years

BUZZ-Broadcom pushes Philadelphia chip index on track for worst week in more than 2-1/2 years ** The Philadelphia Semiconductor index drops 4.1%, taking losses so far this week to 11.8% ** The index is on track for its worst weekly showing since Jan. 2022 ** The biggest drag on SOX was Broadcom's AVGO.O 9% slump, after the chipmaker's tepid revenue
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Qualcomm down; Reuters reports chipmaker explored acquiring parts of Intel chip design business

BUZZ-Qualcomm down; Reuters reports chipmaker explored acquiring parts of Intel chip design business Updates ** Shares of chipmakers Qualcomm QCOM.O d own 2.1% at $160.33 and Intel INTC.O down 2.7 % at $18.88 ** QCOM has explored the possibility of acquiring portions of Intel's INTC.O chip design business, Reuters reported ** QCOM is interested in
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Wall Street lower after mixed jobs data

US STOCKS-Wall Street lower after mixed jobs data For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window US jobs growth misses expectations in August Broadcom tumbles after downbeat Q4 revenue forecast Mobileye falls after report Intel exploring stake sale Indexes: Dow off 0.07%, S&P 500 down 0.54%, Nasdaq down 0.99% Updated at 10:23 a.m.
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Wall Street set for subdued open after August payrolls data

US STOCKS-Wall Street set for subdued open after August payrolls data For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window US job growth misses expectations in August Broadcom tumbles after downbeat Q4 revenue forecast Mobileye falls after report Intel exploring stake sale Futures: Dow and S&P 500 flat, Nasdaq off 0.11% Updated at 08:50 a.m.
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Futures slip ahead of key payrolls data

US STOCKS-Futures slip ahead of key payrolls data For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Nonfarm payrolls for August due at 8:30 a.m. ET Broadcom tumbles after downbeat Q4 revenue forecast Mobileye falls after report Intel exploring stake sale Futures off: Dow 0.36%, S&P 500 0.66%, Nasdaq 1.19% Updated at 06:56 a.m.
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Futures drop as investors brace for payrolls data

US STOCKS-Futures drop as investors brace for payrolls data For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Futures off: Dow 0.39%, S&P 500 0.70%, Nasdaq 1.23% Sept 6 (Reuters) - U.S. stock index futures fell on Friday ahead of key jobs data that could be pivotal when the Federal Reserve decides on the size of its interest rate cut that is expected later this month.
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AMD shares rise as co hires former Nvidia executive Keith Strier

BUZZ-AMD shares rise as co hires former Nvidia executive Keith Strier ** Shares of chipmaker Advanced Micro Devices AMD.O up 1.8% at $139.37 premarket ** AMD appoints former Nvidia NVDA.O executive Keith Strier as senior vice president of global AI markets ** Strier will be responsible for expanding the company's AI vision, AMD says in a statement
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Nvidia set to extend rout after report of subpoena from US DoJ

BUZZ-Nvidia set to extend rout after report of subpoena from US DoJ ** Shares of AI chip giant Nvidia NVDA.O fall 3% to $104.64 in premarket trading ** A Bloomberg News report showed U.S. Department of Justice sent subpoena to NVDA, deepening probe into co's antitrust practices ** Officials worried NVDA's making it harder to switch to other suppliers, penalizes buyers that do not exclusively use its AI chips - report ** Stock tumbled 9.5% on Tue, marking its steepest single-day decline of $279 b
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Dow notches record high close after upbeat economic data

US STOCKS-Dow notches record high close after upbeat economic data Economic data supports expectation of 25 bps cut in September Marvell jumps after forecast beats estimates Ulta Beauty tumbles following annual forecast trim S&P 500 +1.01%, Nasdaq +1.13%, Dow +0.55% Adds detail on upcoming economic data, Novavax gains in paragraphs 8, 18 By Noel Randewich Aug 30 (Reuters) - Wall Street stocks rose and the Dow scored a second consecutive all-time closing high on Friday, with Tesla and Amazon clim
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Dow notches record high close after upbeat economic data

US STOCKS-Dow notches record high close after upbeat economic data Economic data supports expectation of 25 bps cut in September Marvell jumps after forecast beats estimates Ulta Beauty tumbles following annual forecast trim S&P 500 +1.01%, Nasdaq +1.13%, Dow +0.55% Updates with closing prices By Noel Randewich Aug 30 (Reuters) - Wall Street stocks rose and the Dow scored a second consecutive all-time closing high on Friday, with Tesla and Amazon climbing after fresh U.S.
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S&P ends higher after upbeat economic data

US STOCKS-S&P ends higher after upbeat economic data Economic data supports expectation of 25 bps cut in September Marvell jumps after forecast beats estimates Ulta Beauty tumbles following annual forecast trim Updates with market close By Noel Randewich Aug 30 (Reuters) - The Nasdaq and S&P 500 ended higher on Friday, with Tesla and Amazon climbing after fresh U.S.
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