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.
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