Tech Stocks Drag Nasdaq Lower as Hardware and Chip Suppliers Slump
The Nasdaq Composite dropped nearly 1% on Monday as semiconductor and storage hardware vendors fell sharply, diverging from a broad market rally fueled by plunging oil prices.
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Goldman Sachs and Wells Fargo Underwrite Spree of Tech Megadeals and AI Capital Raises
A wave of corporate consolidation and capital raises linked to artificial intelligence infrastructure is driving significant fees to Wall Street, with Goldman Sachs and Wells Fargo securing lead roles across marquee bond and equity deals alongside Marvell's $115 billion bid for Lumentum.
