Sat, Sep 14, 2024 2:12 PM
RVNL Forced To Make Design Changes For Orange Line Metro Station
A Flip by Avya Verma
Shares of Intel Corp. soared as much as 8 per cent on Tuesday after a chip-making deal with Amazon’s cloud business was announced. At 1:08 pm EDT, Intel shares were at $21.62, up $0.70 or 3.37 per cent. On Monday, Intel shares had gained 6.4 per cent. The deal provides some respite to Intel’s investors as the chipmaker’s shares had fallen nearly 60 per cent this year.
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Japan's Nikkei share average rebounded 0.5% to 36,380.17, driven by a softer yen and a recovery in chip-related stocks, ahead of the Federal Reserve's policy decision. Japan's Nikkei share average rebounded 0.5% to 36,380.17, driven by a softer yen and a recovery in chip-related stocks, ahead of the Federal Reserve's policy decision.
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Europe's main stock markets largely steadied at the start of trading Wednesday, with all eyes on the size of an expected interest rate cut from the US Federal Reserve. London's FTSE 100 index dipped 0.2 percent to 8,293.71 points after official data showed British annual inflation steadied in August, increasing the chances of the Bank of England keeping borrowing costs unchanged in an update.
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