The surge in AI demand for memory chips has led to a significant shortage, driving prices up for various tech products. Experts warn consumers to purchase devices now to avoid higher costs later.
In a day of dramatic shifts, Freeport-McMoRan's stock tumbled 17% after a grim sales forecast, while Intel shares surged 6.4% amid positive industry news. Find out what’s driving these market trends.
Wall Street's main indexes hit record highs, buoyed by strong performances from Tesla and Micron Technology. With inflation rising and jobless claims at a four-year high, traders anticipate a Federal Reserve interest rate cut next week.