Saks Bankruptcy Spurs Amazon Dispute

Chip stocks help power the market higher, with Piper Sandler’s Harsh Kumar weighing in on leadership in semiconductors. Is the tech trade back? Wells Fargo’s Oshung Kwon gives his take. Our Emily Wilkins explains why a major crypto bill has stalled on Capitol Hill.
Global risks stay front and center with PIMCO’s Pramol Dhawan on emerging markets and rising geopolitical uncertainty, followed by Diana Olick on the state of commercial real estate. Then our Gabrielle Fonrouge breaks down Amazon’s escalating fight with Saks.

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