Tag: PHNE
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Exclusive: Dutch respond to US China policy with plan to curb semiconductor technology exports
AMSTERDAM/WASHINGTON March 8 (Reuters) – The Dutch government on Wednesday announced it was planning new restrictions on exports of semiconductor technology to protect national security, joining the United States’ efforts to limit chip exports to China. curb. The U.S. imposed sweeping export restrictions on shipments of U.S. chip-making tools to China in October, but for […]
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Wall St climbs as lower Treasury yields push mega-cap stocks higher
Apple surges as GS coverage begins ‘buy’ rating Chinese ADRs fall after Beijing’s modest 5% growth target Crypto Stocks Drop as Silvergate Suspends Payment Network Indexes up: Dow 0.18%, S&P 0.24%, Nasdaq 0.28% March 6 (Reuters) – US stock indices rose on Monday as Treasury bond yields fell further ahead of Federal Reserve Chairman Jerome […]
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Wall Street rally, on course for weekly gains as Treasury yields fall
Indexes set for weekly gains S&P 500 breaks through 50-day moving average Indexes up: Dow 0.85%, S&P 1.29%, Nasdaq 1.66% NEW YORK, March 3 (Reuters) – Wall Street moved ahead on Friday towards the end of an up and down week as US Treasury yields fell and economic data helped investors see past the growing […]
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AI stocks soar as investors bet on growth prospects
March 3 (Reuters) – Shares of artificial intelligence-based (AI) product makers zoomed in on Friday as a strong forecast from retail darling C3.ai Inc (AI.N) reinforced a continued euphoria in the segment driven by the launch of OpenAI’s ChatGPT . C3.a1 forecast better-than-expected revenue and earnings for both the fourth quarter and fiscal year 2023 […]
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Taiwan says the ‘Fab 4’ chip group held the first meeting of senior officials
TAIPEI, Feb. 25 (Reuters) – The US-led “Fab 4” semiconductor alliance of Taiwan, the United States, Japan and South Korea held its first video meeting of senior officials focused on supply chain resilience last week, Taiwan’s ministry said of Foreign Affairs on Saturday. The United States convened the first meeting of the working group, colloquially […]
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Warren Buffett remains optimistic and preaches patience in an annual letter
Feb. 25 (Reuters) – Billionaire investor Warren Buffett indicated on Saturday that he has not yet lost his continued faith in the US economy and his company Berkshire Hathaway Inc (BRKa.N). In his annual letter to Berkshire shareholders, the 92-year-old Buffett urged investors to focus on the long-term big picture, rather than higher inflation and […]
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S&P, Dow fall as resilient economic data fuels rate hike fears
Nvidia hits 10-month high with optimistic sales forecast Netflix slips in report on price cuts Weekly jobless claims fall; GDP grows by 2.7% in the fourth quarter Indices: Dow down 0.3%, S&P dip 0.02%, Nasdaq up 0.06% Feb 23 (Reuters) – Wall Street was mostly lower in choppy trading on Thursday, with the S&P 500 […]
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Wall St collapses as rising yields weigh on growth stocks
Home Depot drops as fiscal year profit forecast disappoints Meta-platforms rise as Facebook tests subscription service US business activity is recovering to its highest level in eight months Indexes down: Dow 1.61%, S&P 1.63%, Nasdaq 2.02% Feb 21 (Reuters) – Wall Street’s major stock indices fell on Tuesday, dragged by megacap names, after data showing […]