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You are here: Home / Archives for US Top News and Analysis

Apple supplier Foxconn says it’s ‘way too late’ to chase dominance in cutting-edge chips

October 18, 2023 by US Top News and Analysis

Apple iPhone supplier Foxconn said that its semiconductor strategy is to focus on specialty chips, instead of competing in the race for cutting-edge chips.

Filed Under: Uncategorized

UK inflation holds steady for September after Bank of England pauses rate hikes

October 18, 2023 by US Top News and Analysis

U.K. inflation came in at 6.7% in September, slightly ahead of expectations and unchanged from the previous month.

Filed Under: Uncategorized

Shares of critical chip firm ASML drop 4% after new U.S. curbs, outlook warning

October 18, 2023 by US Top News and Analysis

ASML reported a decline a profit decline in the third quarter but beat estimates as it forecast 2024 revenue to be flat.

Filed Under: Uncategorized

‘No question’ that the decarbonization of shipping will contribute to inflation, says industry CEO

October 18, 2023 by US Top News and Analysis

EU rules that effectively tax shipping lines for emissions would cause consumer costs to rise, said Bertrand Chen from the Global Shipping Business Network.

Filed Under: Uncategorized

Baidu’s newest AI model Ernie 4.0 fails to wow investors, but analysts maintain ‘buy’ ratings

October 18, 2023 by US Top News and Analysis

While analysts are bullish on Baidu’s latest version of generative artificial intelligence model, shares of the Chinese tech giant dropped on Tuesday.

Filed Under: Uncategorized

Russia’s Putin speaks at China’s Belt and Road forum in rare international appearance

October 18, 2023 by US Top News and Analysis

Russian President Vladimir Putin said the Belt and Road idea “folds logically within multilateral efforts” to increase global cooperation.

Filed Under: Uncategorized

This currency is now the world’s top performer, after rebounding from record lows

October 18, 2023 by US Top News and Analysis

The Pakistani rupee has rebounded from an all-time low to become the world’s top performing currency — and it still has room to strengthen, analysts say.

Filed Under: Uncategorized

China’s third-quarter growth exceeds forecast, consumer spending and industrial production offer hope

October 18, 2023 by US Top News and Analysis

China’s third-quarter economic growth came in stronger than expected, boosting hopes that the world’s second-largest economy will meet Beijing’s annual target this year.

Filed Under: Uncategorized

Deutsche Bank just cut its price target on nearly 30 global stocks ahead of earnings — and upgraded 1

October 18, 2023 by US Top News and Analysis

From wind energy firms to Italian lenders, Deutsche Bank analysts have axed their share price forecasts across the board ahead of Europe’s earnings season.

Filed Under: Uncategorized

GLP-1 weight loss drugs are creating opportunities for these 2 stocks, investment advisor says

October 17, 2023 by US Top News and Analysis

“We think the selloff has been unwarranted and creates a buying opportunity,” Brian Krawez, president of Scharf Investments, says of one of the stocks.

Filed Under: Uncategorized

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