BUZZ-Chipmaker stocks plummet on U.S. recession fears ** Shares of chipmakers tumble premarket as investors shun risk globally on U.S. recession fears ** Many AI beneficiary semiconductors stocks, which powered U.S. stocks to record levels this year, are leading declines on Monday ** Nasdaq 100 NQcv1 down 4.6% and S&P futures EScv1 falls 2.5% ** Shares of largest chipmaker Nvidia NVDA.O fall 10% after report of delay in launch of its AI chip ** No.2 U.S.

CORRECTED-UPDATE 3-Intel shares slump 28% as turnaround struggle deepens Corrects headline to remove reference to record slump. In first paragraph, corrects to show stock on track for worst day since 1974, not worst day ever Aug 2 (Reuters) - Intel INTC.O shares sank nearly 28% on Friday and were set for their worst day since 1974 after the company suspended dividend and slashed workforce to fund a costly turnaround for its chip-making business.

Intel shares set to fall most in 24 years as it struggles with turnaround Aug 2 (Reuters) - Intel INTC.O was set to erase nearly $25 billion in market value on Friday in what would be its worst selloff since 2000 after it suspended its dividend and slashed its workforce to fund a costly turnaround for its chip-making business. Shares of the company were down about 20% in premarket trading after Intel late on Thursday forecast quarterly revenue below estimates and said it was cutting 15% of its w

BUZZ - Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Dexcom Inc DXCM.OQ +4.7% Meta Platforms Inc META.OQ +4.4% American Electric Power Company Inc AEP.OQ +3.2% Exelon Corp EXC.OQ +2.9% T-Mobile US Inc TMUS.OQ +2.7% Bottom Performers Percent Change Moderna Inc MRNA.OQ -21.1% Arm Holdings PLC ARM.OQ -16.9% Lam Research Corp LRCX.OQ -9.9% Qualcomm Inc QCOM.OQ -9.2% Advanced Micro Devices Inc AMD.OQ -8.5% The Nasdaq 100 .NDX lost 516.72

BUZZ - Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Meta Platforms Inc META.OQ +6.1% Dexcom Inc DXCM.OQ +3.5% Cognizant Technology Solutions Corp CTSH.OQ +2.8% Vertex Pharmaceuticals Inc VRTX.OQ +1.8% AstraZeneca PLC AZN.OQ +1.4% Bottom Performers Percent Change Moderna Inc MRNA.OQ -19.5% Arm Holdings PLC ARM.OQ -16.0% Qualcomm Inc QCOM.OQ -8.7% Lam Research Corp LRCX.OQ -8.3% Micron Technology Inc MU.OQ -6.7% The Nasdaq 100 .NDX l

U.S. RESEARCH ROUNDUP-CH Robinson Worldwide, Dayforce, Entegris Aug 1 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including CH Robinson Worldwide, Dayforce and Entegris, on Thursday. HIGHLIGHTS * CH Robinson Worldwide Inc CHRW.O : JP Morgan raises to overweight from neutral * Dayforce Inc DAY.N : Piper Sandler raises to overweight from neutral * Entegris Inc ENTG.O : Seaport Research Partners raises to buy from neutral * M

Lam Research Corp reports results for the quarter ended in June - Earnings Summary Lam Research Corp LRCX.OQ reported quarterly adjusted earnings of $8.14​​ per share for the quarter ended in June, higher than the same quarter last year, when the company reported EPS of $5.98. The mean expectation of twenty three analysts for the quarter was for earnings of $7.58 per share.

Lam Research forecasts quarterly revenue above estimates fueled by AI boom July 31 (Reuters) - Chip-making tools supplier Lam Research LRCX.O forecast September quarter revenue above Wall Street estimates on Wednesday, anticipating a surge in orders from chip firms amid the AI boom. The surge in demand for AI-powered chips has increased the need for wafer fabrication equipment, sophisticated and expensive tools essential for chip manufacturing, benefiting companies like Lam Research.

BRIEF-Lam Research Corporation Reports Financial Results For The Quarter Ended June 30, 2024 July 31 (Reuters) - Lam Research Corp LRCX.O : LAM RESEARCH CORPORATION REPORTS FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2024 FOR QUARTER ENDED SEPTEMBER 29, 2024, SEES REVENUE $4.05 BILLION +/- $300 MILLION FOR QUARTER ENDED SEPTEMBER 29, 2024, SEE

EXCLUSIVE-New US rule on foreign chip equipment exports to China to exempt some allies, sources say Adds comment from Commerce Department, background on trilateral agreement, paragraphs 4, 7, 11-18 By Karen Freifeld NEW YORK, July 31 (Reuters) - President Joe Biden's administration plans to unveil a new rule next month that will expand U.S. powers to stop exports of semiconductor manufacturing equipment from some foreign countries to Chinese chipmakers, two sources familiar with the rule said.

MORNING BID AMERICAS-BOJ hikes with Fed ahead, Big Tech flubs A look at the day ahead in U.S. and global markets from Mike Dolan By any standards of an already busy year, markets are digesting an awful lot of information in a very short space of time - with a Bank of Japan interest rate rise and Microsoft earnings disappointment the latest servings on the final day of July.

What to Watch in the Day Ahead - Wednesday, July 31 The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at DAY/US . Thomson One users can register at RT/DAY/US. All times in ET/GMT The Federal Reserve is expected to keep interest rates steady while announcing its policy decision, but may open the door to interest rate cuts as soon as September by acknowledging inflation has

Lam Research Corp expected to post earnings of $7.58 a share - Earnings Preview Lam Research Corp LRCX.OQ LRCX.O is expected to show a rise in quarterly revenue when it reports results on July 31 for the period ending June 30 2024 The Fremont California-based company is expected to report a 19.2% increase in revenue to $3.823 billion from $3.21 billion a year ago, according to the mean estimate from 21 analysts, based on LSEG data.The company's guidance on April 24 2024, for the period ended Jun

BUZZ - Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Lam Research Corp LRCX.OQ +6.5% ON Semiconductor Corp ON.OQ +6.2% Applied Materials Inc AMAT.OQ +6.2% KLA Corp KLAC.OQ +6.0% Tesla Inc TSLA.OQ +5.4% Bottom Performers Percent Change CrowdStrike Holdings Inc CRWD.OQ -13.3% Starbucks Corp SBUX.OQ -3.5% T-Mobile US Inc TMUS.OQ -2.7% Comcast Corp CMCSA.OQ -2.1% Warner Bros Discovery Inc WBD.OQ -2.0% The Nasdaq 100 .NDX gained 320.37 p

BUZZ - S&P 500 top and bottom performing stocks at about 03:30 p.m. EDT S&P 500 .SPX Top Performers Percent Change IQVIA Holdings Inc IQV.N +7.7% Lam Research Corp LRCX.OQ +6% ON Semiconductor Corp ON.OQ +5.9% Applied Materials Inc AMAT.OQ +5.8% KLA Corp KLAC.OQ +5.5% Bottom Performers Percent Change CrowdStrike Holdings Inc CRWD.OQ -13.2% Verizon

BUZZ-U.S. STOCKS ON THE MOVE-Walt Disney, Mattel, Tellurian Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The S&P 500 and the Nasdaq recouped some of the previous week's losses on Monday, as investors reexamined the chances of a second presidential term for Republican nominee Donald Trump after U.S.

BUZZ-US chipmakers rise after last week's slump Updates ** Philadelphia semiconductor index .SOX rises 2 .3% on Monday after an 8.8% slide last week ** Heavyweight Nvidia NVDA.O up 3%, biggest boost to Nasdaq .IXIC and S&P 500 .SPX after a report co is working on a version of its new flagship AI chips for the China market ** Leading gains on the Na

BUZZ - Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change ON Semiconductor Corp ON.OQ +4.8% Lam Research Corp LRCX.OQ +4.2% ASML Holding NV ASML.OQ +4.1% Applied Materials Inc AMAT.OQ +4.0% KLA Corp KLAC.OQ +3.9% Bottom Performers Percent Change CrowdStrike Holdings Inc CRWD.OQ -12.9% Warner Bros Discovery Inc WBD.OQ -4.3% Starbucks Corp SBUX.OQ -3.1% Charter Communications Inc CHTR.OQ -2.9% Comcast Corp CMCSA.OQ -2.4% The Nasdaq 100 .ND

BUZZ - S&P 500 top and bottom performing stocks at about 12:00 p.m. EDT S&P 500 .SPX Top Performers Percent Change IQVIA Holdings Inc IQV.N +6.6% ON Semiconductor Corp ON.OQ +4.7% Lam Research Corp LRCX.OQ +4.2% Applied Materials Inc AMAT.OQ +3.9% KLA Corp KLAC.OQ +3.9% Bottom Performers Percent Change CrowdStrike Holdings Inc CRWD.OQ -13.0% Verizo

BUZZ-US chipmakers rise after last week's slump ** Philadelphia semiconductor index .SOX rises 2.6% on Monday after an 8.8% slide last week ** Heavyweight AI chipmaker Nvidia NVDA.O up 3%, biggest boost to Nasdaq .IXIC and S&P 500 .SPX ** Leading gains on the Nasdaq 100 .NDX were chip-making equipment companies such as Applied Materials AMAT.O , La