Gold inched lower on Friday as U.S. Treasury yields ticked up, though bets of a large U.S. stimulus kept the metal on course for its best week in five. Spot gold fell 0.3% to $1,863.56 per ounce by 0233 GMT, retreating from its highest since Jan. 8 hit on Thursday. "Gold is struggling a bit due to a lift in nominal yields, which came off the back of strong U.S. jobless claims number, also the European Central Bank (ECB) came out a little less dovish than the market would like," said IG Market analyst Kyle Rodda.
Intel Corp executives have raised the possibility of licensing chipmaking technology from outside firms, a move that could see it exchanging manufacturing secrets with rival Taiwan Semiconductor Manufacturing Co Ltd (TSMC) or Samsung Electronics Co Ltd. Intel is one of the few remaining semiconductor firms that both designs and manufactures its own chips, but the business model has come into question in recent years as the company lost its manufacturing lead to the Taiwanese and Korean companies. But licensing technology could help Intel avoid major investments in rivals' factories that outsourcing deals would likely entail.
(Philadelphia Flyers) with a Goal from Boston Bruins vs. Philadelphia Flyers, 01/21/2021