Workers say they deserve a greater share of the windfall and want protection from ICE and invasive data collection Workers at SoFi Stadium in Inglewood, California, are voting on whether to authorize a strike one week before World Cup soccer games are slated to begin in the Los Angeles area. Unite Here Local 11’s strike authorization vote comes as ongoing negotiations for a new contract with stadi...
Workers say they deserve a greater share of the windfall and want protection from ICE and invasive data collection Workers at SoFi Stadium in Inglewood, California, are voting on whether to authorize a strike one week before World Cup soccer games are slated to begin in the Los Angeles area. Unite Here Local 11’s strike authorization vote comes as ongoing negotiations for a new contract with stadium operator Legends Global have stalled, with workers saying they deserve a greater share of the windfall from a packed schedule of coming mega-events that include the World Cup, the Super Bowl and the Olympics. Continue reading...
In this article 2760.T-JP 6857.T-JP 6981.T-JP 6954.T-JP 2317-TW 4938-TW Follow your favorite stocks CREATE FREE ACCOUNT A circuit board displayed inside the Texas Instruments (TI) semiconductor wafer plant in Sherman, Texas, US, on Wednesday, Dec. 17, 2025. Desiree Rios | Bloomberg | Getty Images Asian tech shares on Friday tracked losses in U.S. chip stocks after a downbeat earnings report from B...
In this article 2760.T-JP 6857.T-JP 6981.T-JP 6954.T-JP 2317-TW 4938-TW Follow your favorite stocks CREATE FREE ACCOUNT A circuit board displayed inside the Texas Instruments (TI) semiconductor wafer plant in Sherman, Texas, US, on Wednesday, Dec. 17, 2025. Desiree Rios | Bloomberg | Getty Images Asian tech shares on Friday tracked losses in U.S. chip stocks after a downbeat earnings report from Broadcom sparked a rotation out of artificial intelligence-linked names into more defensive sectors. The weakness was pronounced in South Korea's chip-heavy market. Samsung Electronics fell nearly 7%, while SK Hynix dropped more than 8%. Other tech-related names also came under pressure, with Samsung SDI down over 7%, LG Display falling 7.4%, LG Innotek losing 6.1%, and Seoul Semiconductor sliding more than 6%. Japanese technology stocks also fell. Tokyo Electron and Advantest dropped over 6% and 5% respectively. Murata Manufacturing , manufacturer of electronic components, fell 4.8%. Fanuc , manufacturer of industrial robotics, lost 4.1%. In Taiwan, Apple supplier Hon Hai Precision Industry declined 1.7%, contract manufacturer Pegatron was down 2.6% and iPhone camera lens maker Largan Precision lost more than 4%. Chip giant Taiwan Semiconductor Manufacturing Co , or TSMC, however, bucked the broader trend to edge 0.4% higher. The broader decline followed a sell-off in U.S. semiconductor stocks overnight after Broadcom tumbled more than 12% following a fiscal second-quarter revenue miss. The weakness spread across the sector, dragging the VanEck Semiconductor ETF down more than 1%, while Arm Holdings lost over 4% and Micron Technology slid nearly 8%. "After such massive gains a 'correction' for recent winners was (and still is) sorely needed for a reset," Andrew Jackson, equity strategist at Ortus Advisors, said on Friday. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
In this article .SPX .IXIC .DJI @LCO.1 @CL.1 Follow your favorite stocks CREATE FREE ACCOUNT Traders work on the floor of the American Stock Exchange (AMEX) at the New York Stock Exchange (NYSE) in New York, US, on Monday, Feb. 9, 2026. Michael Nagle | Bloomberg | Getty Images Hello, this is Anniek Bao writing to you from Singapore. Welcome to another edition of CNBC's Daily Open. Wall Street had ...
In this article .SPX .IXIC .DJI @LCO.1 @CL.1 Follow your favorite stocks CREATE FREE ACCOUNT Traders work on the floor of the American Stock Exchange (AMEX) at the New York Stock Exchange (NYSE) in New York, US, on Monday, Feb. 9, 2026. Michael Nagle | Bloomberg | Getty Images Hello, this is Anniek Bao writing to you from Singapore. Welcome to another edition of CNBC's Daily Open. Wall Street had a strong session overnight — if you squint past the Nasdaq. The Dow hit an all-time high and oil cooled on optimism that the Iran war was nearing its end. Chip stocks, however, stumbled; bitcoin is hovering at its weakest since the war began, private credit is throwing off sparks again — and a flesh-eating parasite has turned up in Texas. As Wall Street is throwing a rocket-themed party for SpaceX, rating agency S&P Global made it clear that the blockbuster IPO may not see a swift entry for the company into its benchmark index. What you need to know today The ceasefire trade is back on, with the Dow surging to a fresh all-time high, the S&P 500 edging higher and oil prices cooling 3%. U.S. President Donald Trump said he'd be "honored" to meet Iran's Supreme Leader Ayatollah Mojtaba Khamenei , if a deal can be reached, while the Wall Street Journal reported that the president was reluctant to resume a full-scale war with Tehran. Brent futures, the international crude benchmark, lost 2.8% to close at $95.03 per barrel, West Texas Intermediate futures dropped 3.1% to settle at $93.04 per barrel Thursday. Both were down in Friday Asia trading. That drop in oil comes even as Iran-backed Hezbollah has rejected the terms of a U.S.-backed ceasefire agreed between Israel and Lebanon as "absurd, humiliating and insulting," demanding a full Israeli withdrawal before any deal holds. From energy to tech: Broadcom tumbled about 15% after missing revenue expectations — enough to drag the Nasdaq down nearly 0.1% even as the rest of Wall Street cheered. The tech contagion spread to stocks i...