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Closing Bell Overtime: Dow, S&P 500 Set Fresh Records; IBKR CEO Thomas Peterffy On Retail Traders 7/16/24

Closing Bell

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Discussion on ASML's Performance and Expectations in the Semiconductor Sector

This chapter delves into ASML's position in the semiconductor sector and the challenges it faces from Washington's scrutiny over sales to China. Investors are eager for the company's third quarter guidance, focusing on factors like orders surpassing $5 billion, CapEx, and new orders from key customers, while also considering the long-term perspective amidst fluctuating short-term demands in the semiconductor industry.

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