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市场新闻

Tech stocks lead broad rally as investors cheer Fed's jumbo rate cut

BUZZ-Tech stocks lead broad rally as investors cheer Fed's jumbo rate cut ** Shares of heavyweight tech stocks jump in premarket trade , a day after the Federal Reserve delivered a larger than usual 50 bps rate cut ** Futures tied to the tech-heavy Nasdaq 100 NQcv1 gain ~2%, while S&P futures EScv1 rise 1.5% to a record high ** Apple AAPL.O , Meta Platform META.O , Microsoft MSFT.O , Nvidia NVDA.O , Amazon.com AMZN.O and Alphabet GOOGL.O rise between 1.7% and 2% ** AMD AMD.O and Broadcom AVGO.O
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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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Google wins EU antitrust fine fight but setback for Qualcomm

UPDATE 3-Google wins EU antitrust fine fight but setback for Qualcomm Commission says takes note of rulings Has right to appeal Google case Competition commissioner has mixed record in defending decisions Adds Qualcomm comment By Foo Yun Chee BRUSSELS, Sept 18 (Reuters) - Alphabet GOOGL.O unit Google won a legal challenge on Wednesday against a 1.49 billion euro ($1.7 billion) European Union antitrust fine, while Qualcomm QCOM.O failed to repeal a penalty.
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EU court confirms Qualcomm's antitrust fine, with minor reduction

UPDATE 1-EU court confirms Qualcomm's antitrust fine, with minor reduction Adds background throughout, EU court quote in paragraph 4 and Qualcomm not immediately responding in paragraph 6 By Foo Yun Chee BRUSSELS, Sept 18 (Reuters) - Europe's second-top court largely confirmed on Wednesday an EU antitrust fine imposed on U.S. chipmaker Qualcomm QCOM.O , revising it down slightly to 238.7 million euros ($265.5 million) from an initial 242 million euros.
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EU court largely confirms Qualcomm's EU antitrust fine

EU court largely confirms Qualcomm's EU antitrust fine BRUSSELS, Sept 18 (Reuters) - Europe's second-top court largely confirmed on Wednesday an EU antitrust fine imposed on U.S. chipmaker Qualcomm QCOM.O , revising it down slightly to 238.7 million euros ($265.5 million) from an initial 242 million euros. The European Commission imposed the fine in 2019, saying that Qualcomm sold its chipsets below cost between 2009 and 2011, in a practice known as predatory pricing, to thwart British phone sof
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