US stocks fell as semiconductor names like Micron dropped over 10%, while Meta surged nearly 9% on a new cloud AI venture and Fed Chair Warsh signaled

US stocks ended slightly lower as weakness in technology and semiconductor shares weighed on sentiment, even as Meta rose after reports of an AI-driven cloud expansion. Investors…

The Dow Jones Industrial Average fell 13.96 points, or 0.03 per cent, to 52,305.24. Read more at straitstimes.com. Read more at straitstimes.com.

Meta (META +8.8%) was the notable outperformer following a report that the Co. plans to build a Cloud business to sell excess AI compute capacity.

US stocks fell as semiconductor names like Micron dropped over 10%, while Meta surged nearly 9% on a new cloud AI venture and Fed Chair Warsh signaled

The Dow Jones Industrial Average edged down 0.03% to 52,305.24, the S&P 500 lost 0.22% to 7,483.23, and the Nasdaq fell 0.66% to 26,040.03.

(Bloomberg) -- The latest bout of volatility in technology stocks entered a second day, with chipmakers in South Korea bearing the brunt of the selling. The dollar fell and…

Chip stocks experienced a significant downturn, with major AI rally leaders seeing sharp profit-taking after a record quarter. The VanEck Semiconductor ETF plunged over 5%, led…