Right now, the climate of rising interest rates is proving chilly for investors. Amazon (NASDAQ: AMZN) -- which was down about 7.5% in today's sell-off -- is one of them. Amazon hasn't exactly been the best performer this year, even before this sell-off, as shares have dropped 30% so far. Read More...
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Why AMD, Qualcomm, and Skyworks Solutions Stocks Just Crashed
Stocks are getting rocked amid multiple bearish catalysts on Thursday, and leading semiconductor companies are participating in the sell-off. Shares of Advanced Micro Devices (NASDAQ: AMD), Qualcomm (NASDAQ: QCOM), and Skyworks Solutions (NASDAQ: SWKS) were down 3.5%, 4.3%, and 5.4%, respectively, as of 1:15 p.m. ET. Meanwhile, the tech-heavy Nasdaq Composite index was down roughly 4.6%.
