Ether Tumbles Below $1.5K; Ethereum Merge May Ding Demand for Chips, but Semiconductor Stocks Could Still Be a Good Buy

Good morning. Here’s what’s happening: Prices: Ether plummets in the hours after the Merge; bitcoin declines. Insights: The Ethereum Merge could lessen the need for chips powering GPUs, but semiconduc...

Intel stock punished again as slimmer profit margins ding earnings forecast, but CEO sticks to his plan

Intel Corp. executives expect profit margins to remain pressured in the long term as the chip maker builds out manufacturing capacity, leading to a disappointing earnings guidance that dinged the comp...