Read here for an analysis of Diamondback's merger with Endeavor and potential dropdown transaction with Viper in Permian Basin, expected to boost production.
NEW YORK, Jan 27 (Reuters) - Nasdaq posted its biggest one-day percentage drop since Dec. 18 on Monday as a low-cost Chinese artificial intelligence model prompted a steep selloff in U.S. chipmakers.
Avnet Inc.’s year-over-year sales dropped as the Phoenix-based electronics component distributor continued to navigate challenging market conditions during its second fiscal quarter.
Well, the futures tied to the tech-heavy Nasdaq 100 were down 4.5% before the market opened. The last time the index fell more than 4% in a day was way back on Sept. 13, 2022, according to Dow ...