Stocks suffered their biggest single-day decline in six weeks Friday as investors re-set rate expectations following a hawkish update from Fed Chair Jerome Powell.

"We expect our revenue mix by end market will continue to be influenced more by supply than demand in the near term," said CEO Matt Murphy.

Stock futures slip ahead of key Jackson Hole speech; Fed inflation gauge may give Powell more evidence of peak price pressures; Dell shares tumble after muted PC demand outlook; Gap shares surge after Banana Republic drives solid Q2 sales and Marvell shares move lower on supply chain caution in chip market

Chip stocks have 23% free-cash-flow margins, making them more than twice as profitable as S&P 500 stocks, Bank of America analysts say.

U.S. stocks posted strong weekly gains as slowing inflation data encouraged investors to bet on a pause in the Fed's rate hike strategy later this year.

Stock futures higher as Fed 'pause' hint boosts sentiment; Costco slips after Q1 earnings beat as margins narrow; Gap tumbles after wider Q1 loss, grim full-year outlook; Dell surges as Q1 earning impress after VMware deal and Marvell jumps as data center chip demand boosts earnings, outlook

The PHLX Semiconductor Sector index has slid 25% so far this year. What can reverse the trend?

Jim Cramer says this market deserves to be hated. Get used to the pain.

Jim Cramer says the best American manufacturers can lead investors safely though this choppy market.

The 14-week decline in gasoline prices ended while two million people in Florida are still without power.

A new EV would radically change how cars are made and that could be a threat to the market leader.

The fast-food giant rarely tweaks its morning menu, but it's making two big additions as potentially an answer to a huge Wendy's move.