
Check out the companies making headlines this week:
Qualcomm (NASDAQ: QCOM): Wireless chipmaker Qualcomm (NASDAQ: QCOM) fell by 4.7% on Wednesday after a leverage-driven rout in South Korean chipmakers, renewed doubts about debt-funded AI capital spending, and a hawkish repricing of Fed rate expectations hit the year's most crowded trade, leaving the whole complex hostage to Micron's earning.. See our full article here.
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Accenture (NYSE: ACN): Global professional services company Accenture (NYSE: ACN) fell by 7.6% on Monday after It extended its post-earnings selloff that erased nearly a quarter of the company's value in under a week. See our full article here.
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10x Genomics (NASDAQ: TXG): Biotech company 10x Genomics (NASDAQ: TXG) rose by 6.8% on Wednesday after Barclays boosted its price target to $40 per share and maintained an Overweight rating on the stock. See our full article here.
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Seagate (NASDAQ: STX): Data storage manufacturer Seagate (NASDAQ: STX) fell by 7.1% on Wednesday after a leverage-driven rout in South Korean chipmakers, renewed doubts about debt-funded AI capital spending, and a hawkish repricing of Fed rate expectations hit the year's most crowded trade, leaving the whole complex hostage to Micron's earnings after the close. See our full article here.
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Lattice Semiconductor (NASDAQ: LSCC): Semiconductor designer Lattice Semiconductor (NASDAQ: LSCC) fell by 7.8% on Tuesday as a report that South Korea's SK Hynix is slowing its high-bandwidth memory (HBM) expansion rattled the AI-chip complex. See our full article here.
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