United States — United States Department of Commerce & Intel

United States — United States Department of Commerce: The United States — United States Department of Commerce issued GDP and PCE reports, showing slower-than-expected economic growth and elevated consumer prices.

Intel: Intel surged after announcing it would buy back Apollo Global Management's stake in its Ireland factory for $14.2 billion.

United States — United States Department of Commerce: The United States — United States Department of Commerce, through its Secretary Howard Lutnick, played a role in the finalization and announcement of the deal.

Intel: Intel agreed to give the United States government a 10% stake in its business, converting government grants into equity. This deal comes as Intel faces financial struggles and aims to secure its position in the semiconductor industry.

United States — United States Department of Commerce: The United States — United States Department of Commerce reported a slowdown in retail sales in April, with higher gas prices fueled by the Iran war meaning less money for nonessential goods.

Intel: Intel's stock slumped significantly after a period of strong growth, reflecting fading enthusiasm for AI stocks and contributing to the tech sector's downturn.

United States — United States Department of Commerce: The United States — United States Department of Commerce previously banned United States exports to ZTE and is now reviewing whether ZTE violated a 2018 agreement.

United States — United States Department of Commerce: The United States — United States Department of Commerce is responsible for issuing the export licenses and was not immediately available for comment.

United States — United States Department of Commerce: The United States — United States Department of Commerce is finalizing the details of the new policy, including vetting approved commercial customers and applying the approach to other chipmakers.

United States — United States Department of Commerce: The United States — United States Department of Commerce is finalizing the implementation details of the new export policy, which will vet approved commercial customers in China.