LIV Golf has lured some of the world’s most famous golfers to its upstart league, but it is having a difficult time finding a major U.S. media partner to broadcast its tournaments. Read More...
TheStreet.com
Bad News Is Piling Up for Chip Makers
The months follow one another and look alike for the manufacturers of semiconductors. For months, fears of a hard landing in the economy due to aggressive interest rate hikes by the Federal Reserve to fight inflation at its highest in 40 years have been a headache since the beginning of the year for Nvidia , Advanced Micro Devices , Intel , Micron and Qualcomm . Nvidia shares have lost more than 13% since the end of August, while AMD shares, which had rebounded well after the release of the second quarter earnings, have fallen by 9.2% since the end of August.
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