Billionaire Boys Club Member Forum (BBCMF)

[mick]

The semiconductor selloff accelerated after AMD preannounced weak earnings and Samsung forecasted that its operating profit likely fell 32% in Q3 amid weaker memory pricing and demand. Meanwhile, the U.S. published a sweeping set of export controls to slow Beijing’s technological and military advances. ??

Credit Suisse shares rallied 24% this week, with half those gains coming today after it confirmed it would sell a landmark hotel to buy back $3 billion in debt. ??

DraftKings shares rose 3.30% after news broke that it’s nearing a large partnership with ESPN.