Crude Oil Down Over 5%; Boeing Shares Rise After Q2 Results

B of A Securities Initiates Coverage On Amkor Technology with Buy Rating, Announces Price Target of $70

B of A Securities analyst Ruplu Bhattacharya initiates coverage on Amkor Technology (NASDAQ:AMKR) with a Buy rating and announces Price Target of $70.

Shares of semiconductor and chip companies are trading lower. The industry may be pulling back ahead of Nvidia's Q2 earnings report due August, 26.

Shares of semiconductor companies are trading lower amid concerns that OpenAI's Q2 earnings may weigh on AI growth. Today's Fed minutes revealed that many participants assessed that higher rates would likely be necessary if inflation did not fall.

Shares of semiconductor and chip companies are trading lower amid rising oil prices and bond yields, prompting inflation concerns. Also, declining memory chip companies may weigh on the broader industry.

'Boeing Fails to Overturn Revived $72 Million Trade Secrets Loss' - Bloomberg Law

https://news.bloomberglaw.com/us-law-week/boeing-fails-to-overturn-revived-72-million-trade-secrets-loss

U.S. Federal Aviation Administration Requires Inspection Of Some Boeing Dreamliners

https://unblock.federalregister.gov/unblock/outcome?reason=success