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Intel Hits 52-Week Low As Stocks Continue to Sink — Monday’s stocks showed the biggest two-day declines since June for the Nasdaq, dropping 2.6%, and the S&P 500. The S&P 500 saw the index’s largest drop since June 16 and was down 2.1%.

Intel stock hit a 52-week low after sharing that the overall semiconductor sector is facing pressure in the market. At today’s close, Intel’s stock sank 4.35%. Cisco dropped 2% and Dell fell 1.74% at market close today.

The Federal Reserve’s critical Jackson Hole symposium will be this Friday; the same day investors can expect the latest reading on inflation data and consumer sentiment — essential for additional signs of inflation pressures and other potential risks. 

83% of business executives are focusing business strategy on growth, despite increasing interest rates and slowing economic growth, said PwC. Read more.

Nokia points out that the digital divide isn’t just about economic cohesion, it also encompasses physical and emotional wellbeing. Read more.

Customers need to focus on their problems and not get distracted by how vendors market solutions, Lookout CTO Sundaram Lakshmanan said. Read more.

5G network traffic will require operators to hasten network densification plans using small cells, according to a report from ABI Research. Read more.

There has been a significant increase in phishing attacks using legitimate services, such as AWS, “as a piggyback to land in the inbox.” Read more.

Amid VMware's multi-cloud push, Shenoy is poised to be "a perfect fit" to execute the vendor's broader vision. Read more.