US stocks hit fresh records on Thursday as the Nvidia-Intel deal unleashed a rally in chip stocks.

Intel got some much-needed cash, but Nvidia, with its investment, may have managed to marry its GPUs with the most widely used CPU in the world—something that could secure its computing dominance mov...

The agreement provides a lifeline for Intel, which was a Silicon Valley pioneer that enjoyed decades of growth as its processors powered the personal computer boom, but fell into a slump after missin...

"I think many people were worried that it was going to be more volatile than it has been over the last couple of weeks," she stated.

After a year of sitting on the sidelines, the Federal Reserve finally cut short-term interest rates by a quarter-point.

"There wasn't widespread support at all for a 50-basis-point cut today," Fed Chair Jerome Powell said in a press conference after the meeting.