Bitcoin drops below $77,000 as chip rout deepens ahead of U.S. midterm vote
ZEC tumbled nearly 10% and BNB fell under $700 as the Nasdaq 100 slid into a correction, dragging Asian stocks lower. Source：CoinDesk
Chip stocks are suffering from a ‘crisis of confidence’ — but things aren’t as gloomy as they seem
Investors are worried about whether there will be sustained demand for chips, but one analyst notes that large tech companies are still spending heavily.…
These tech stocks got unfairly swept up in last week’s selloff, analysts say
One analyst notes “a meaningful gap between price and fundamentals” in some corners of the chip sector. Source：MarketWatch
Nvidia’s Megaspeed ties show potential blind spots in the U.S. effort to block China from accessing advanced chips
Nvidia CEO Jensen Huang’s business meetings are routine practice and existing U.S. export controls largely miss the cloud, experts say. Source：MarketWatch
AMD’s stock slides after Intel earnings reveal two big issues
Intel is struggling to make enough AI server chips and dealing with a weak PC market. Investors will soon find out the degree to which AMD is suffering from…
Why Intel’s stock is sinking toward its worst drop in two years
Intel’s PC business is under pressure as memorychip prices dent demand and as corporate IT teams have less budget for laptops. Source：MarketWatch
‘The $100 level is ours for awhile’: Oil won’t be getting cheap anytime soon, no matter what happens in the Gulf
The oil market may soon reach a point where the dust finally settles enough to see the true chaos the eightmonthold conflict in the Middle East and its…
Kalshi raises $1B at $40B valuation as non-sports revenue run rate tops $1B
The funding round comes as Kalshi expands its partnerships with the NBA and S&P Dow Jones Indices while facing legal challenges over its sports contracts.…
Samsung Electronics earned nearly as much as Microsoft and Alphabet combined. What the Korean giant is now saying about the memory-chip outlook.
Samsung Electronics just posted a quarter that no other tech company has ever seen. Source：MarketWatch
Chipotle expects modestly higher sales this year as drive-thru ‘Chipotlanes’ come to more stores
The fastcasual chain says menuprice increases helped results. It also noted rising beef costs and “higher protein usage” as people try to find ways to pack…
Sam Bankman-Fried wrote to actor portraying him in Netflix series
The former FTX CEO remains incarcerated as Irish actor Anthony Boyle portrays him in a series about the downfall of the crypto exchange and his relationship…
Micron’s stock rises after SK Hynix earnings. Here’s its next major test.
Samsung’s results are the next big barometer for a memorychip trade that’s springing back from recent lows. Source：MarketWatch