US Job Market Blowout Ends Wall Street's Nine-Week Winning Streak and Makes Fed Rate Hike the New Market Basis – The Global Semiconductor Sector in Freefall – Jensen Huang Honors Micron, SK Hynix and – ServiceTitan Delivers the "Squeaky Clean" Quarter – Argan Doubles Profits – G-III Apparel Snags Marc Jacobs from LVMH

USA & MACRO ENVIRONMENT JOBS STRIKE BACK On a Friday that abruptly ends Wall Street's historic winning streak, a single data point dominates market activity: The US jobs report for May surprises all forecasts and fuels new fears of an impending interest rate hike by the Federal Reserve. Nonfarm Payrolls increase by 172,000 jobs in the reporting month – significantly stronger than the market consensus of just 88,000. Following upward revisions of the previous month's data, this marks the strongest three-month gain in the US labor...