YouTube Raises TV Subscription Rates By 14% To $83 Per Month, Citing Rising Content Costs: Prices Have More Than Doubled In Less Than 6 Years

Benzinga35minutes ago

If the production of the 18A chips fails next year, Intel may spin off its chip manufacturing business.

Intel executives stated that Intel is separating the financial and operation aspects of its manufacturing department into an independent subsidiary, and the foundry business has already been separated from Intel's other businesses, with a separate operation committee and business process software system being established.

wallstreetcn22:39 ET

Join hands with Samsung! Google will launch AI glasses and headsets.

According to reports, Google and Samsung will jointly develop and launch the first device based on Google's new version of the Android operating system called 'Project Moohan'. This operating system, named Android XR, is customized for head-mounted devices and smart glasses, which Google describes as 'next-generation computing'.

wallstreetcn20:45 ET

Wall Street is hot on quantum computing stocks, but Google's quantum chip does not actually possess computing power.

Google unveiled its new "quantum chip" Willow this Tuesday, causing its parent company Alphabet and related Stocks to surge significantly this week. However, Analysts indicate that quantum computing is still a long way from any commercial use and advise investors not to get overly excited due to the recent rise.

wallstreetcn18:28 ET

The Nasdaq fell to 0.02 million points, Adobe plummeted more than 13%, the China concept Index rose against the trend, and Bitcoin dropped below 0.1 million dollars.

In November, USA PPI inflation exceeded expectations, with the market betting on a pause in interest rate cuts in January next year. The Dow has fallen for six consecutive days, with NVIDIA experiencing the largest drop of 2.5%. Tesla, Meta, Google, and Amazon have moved away from their highs, uranium mining stocks have declined, but Apple reached a new high. Broadcom rose nearly 5% in after-hours trading, and Chinese stocks Baidu and PDD Holdings increased by over 1%. Bond yields in Europe and the USA have risen significantly, and after the European Central Bank cut interest rates, the euro fell to a one-week low, before rebounding. The dollar reached a two-week high, while the offshore yuan once rose over 200 points, breaking through 7.26 yuan. Commodities generally fell, with spot gold down over 2% and spot silver down over 4% during the session.

wallstreetcn18:24 ET

Thursday Ends in Index Declines | Wall Street Today

Kevin Travers16:29 ET