The feared chip glut, after two years of unprecedented shortages cause by the COVID pandemic, appears to be upon us as PC sales have dropped off a cliff, and analysts now concern themselves with the expiration date for data-center sales. Read More...
MarketWatch
U.S. stocks struggle for direction at the open after decline in U.S. jobless claims
U.S. stocks were struggling for direction Thursday morning, as investors assessed data showing a decline in weekly jobless claims. The Dow Jones Industrial Average was about flat soon after the opening bell, while the S&P 500 rose less than 0.1% and the Nasdaq Composite slipped less than 0.1%, according to FactSet data, at last check. U.S. jobless claims fell by 2,000 to 250,000 in the week ended Aug. 13, according to data released Thursday by the Labor Department. Economists polled by the Wall
