Silicon Valley Is Obsessed With Its Evil Twin, TikTok
Hi, everyone. Summer is gone but not the heat. People might return to the office not because of employer mandates, but to save on their air-conditioning bills. The Plain View … Read More
Tag: china
Nvidia, Okta, Five Below, Bed Bath & Beyond and more
A Nvidia logo is seen on the company’s building at an industry park on February 7, 2019 in Tianjin, China. VCG | Visual China Group | Getty Images Check out … Read More
U.S.-China tensions are not helping Biden in inflation fight, economist says
Tensions between the U.S. and China are not helping President Joe Biden’s efforts to control inflation, economist Jeffrey Sachs told CNBC’s “Street Signs Asia.” Sachs, a Columbia University professor and … Read More
Gets smashed towards 0.7050 after rejection at 200 DMA
AUD/USD sees a sharp sell-off on renewed China growth concerns. US dollar gathers upside traction as risk-off remains at full steam. Multiple rejection at 200 DMA spells trouble for the … Read More
Peloton, Toast, Illumina and more
Exercise equipment and apparel for sale at the Peloton showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021. Adam Glanzman | Bloomberg | Getty Images Check out the companies … Read More
The Chip Shortage Is Easing—but Only for Some
But the turnaround is far from uniform. Everstream’s data shows that lead times for some advanced chips needed for medical devices, telecommunications, and cybersecurity systems is around 52 weeks, compared … Read More
Steel prices drop further on off-season demand and escalation lockdown fears in China
Steel prices have taken a hit on monsoon arrival and the return of lockdown worries in China. Back-to-back resurgence in Covid-19 in China has dented the steel prices. Next week’s … Read More
Kohl’s, Micron, Apple and more
Check out the companies making headlines before the bell: Kohl’s (KSS) – Kohl’s tumbled 17.9% in premarket trading after the retailer confirmed an earlier CNBC report that it ended talks … Read More
Chinese EV maker launches Tesla SUV rival
Nio’s ES7 sports utility vehicle adds another competitor to Tesla’s Model X and Model Y in China. Nio Nio on Wednesday launched the ES7 sports utility vehicle as competition with Tesla intensifies in China. The ES7 adds another … Read More
AUD/USD drops over 1.5% to low-0.6900s as risk assets crater on Fed tightening/recession/China lockdown fears
AUD/USD cratered into the low-0.6900s on Monday, down over 1.5% on the day and over 4.0% lower in four days. The pair is being battered by risk-off flows as markets … Read More