Latest in Shares of key chip suppliers jump as U.S. reportedly considers toned down China curbs
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Shares of key chip suppliers jump as U.S. reportedly considers toned-down China curbs
ASML and Tokyo Electron shares rose after a report that the U.S. is considering sanctions on China's chip industry that stop short of earlier proposals.Business - CNBC - 3 hours ago -
U.S. Chip Toolmakers Move to Cut China From Supply Chains
Applied Materials and Lam Research are telling vendors to follow new restrictions, spurred by U.S. government pressure.Tech - The Wall Street Journal - November 4 -
Bitcoin surges 10% to a record above $76,000 as Trump victory heralds wider crypto adoption and weaker regulation
Crypto assets rose as investors bet that a second Trump administration will widen fiscal deficits and boost bitcoin as a hedge against higher inflation.Business - CNBC - November 6 -
Samsung Electronics appoints co-CEO in leadership shuffle focused on chip divisions; shares drop
Samsung Electronics announced a change in leadership for its memory and foundry chip divisions.Business - CNBC - Yesterday -
US election updates: Trump reportedly looks to China hawks for key security and foreign policy roles
Trump will reportedly appoint Michael Waltz as his national security adviser and Marco Rubio as secretary of state, as president-elect picks cabinet. Don’t miss important US election coverage. ...World - The Guardian - November 12 -
TSMC Chips Ended Up in Devices Made by China’s Huawei Despite U.S. Controls
The U.S. government has tried to keep Chinese companies from obtaining certain advanced technologies, but concerns have been growing that some products may have been routed to Huawei.Business - The New York Times - October 29 -
ASML, other chip-related companies rally on report of possible ease in U.S. restrictions on sales to China
Shares of several global chip-related companies surged on Thursday, following a report that U.S. officials are considering less-stringent restrictions on sales to China.Business - MarketWatch - 2 hours ago -
Canada shares U.S. concerns about Mexican trade with China as possible trade talks loom
Canada’s point person for UWorld - ABC News - November 19 -
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BYD and Rivals in China Tell Suppliers to Cut Costs Amid Price War
China’s electric vehicle market is the world’s largest — and its most cutthroat, with dozens of brands jostling for position.Business - The New York Times - 17 hours ago -
Google curbs politics discussion among employees on U.S. Election Day
During Election Day, employees tried flooding popular internal message board with election-related memes despite warnings by company executives.Business - CNBC - November 6 -
U.S. Military Selects Little-Known Utah Supplier for Drone Program
The Army chose Teal Drones to provide thousands of reconnaissance aircraft, bypassing some of venture capital’s best-funded drone makers.Tech - The Wall Street Journal - November 20 -
Huawei's Chip Advances Threaten Apple in China
The Chinese company’s latest device is coming next week as it pushes ahead in technology despite U.S. sanctions.World - The Wall Street Journal - 6 days ago -
China’s Huawei Takes Aim at Apple With Latest Smartphone
Last year, a chip breakthrough put Huawei on top of the Chinese smartphone market. Now it is rolling out its newest phone, the Mate 70 series.Business - The New York Times - 2 days ago -
Amazon shares jump 6% after earnings beat
Amazon's latest upbeat results were driven by growth in cloud and digital advertising.Business - CNBC - November 1 -
Palantir shares close up 23% to record on uplifting guidance
Palantir shares soared to a record on Tuesday after the software company reported better-than-expected results and issued uplifting guidance.Business - CNBC - November 5 -
Lyft shares soar 20% on results and autonomous-vehicle partnership
Lyft reported third-quarter sales that beat expectations while offering an upbeat demand forecast, after the ride-hailing platform earlier in the day announced an autonomous-vehicle partnership ...Business - MarketWatch - November 7 -
Some Republicans try to tone down Trump's mass deportation threats
Members of the GOP in immigrant-heavy states tried to reassure constituents that Trump is focused on dangerous criminals and not on "hard-working" immigrants.Politics - NBC News - November 8 -
China’s retail sales jump but property gloom persists
Policymakers have unveiled a range of stimulus measures to restore confidence in the economyWorld - Financial Times - November 15 -
ASML shares rise as chip-equipment maker confirms 2030 outlook
ASML Holding on Thursday reiterated its 2030 targets, a move that relieved investors after a profit warning last month.Business - MarketWatch - November 14 -
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Republicans clinch Senate control with key flips
Republicans are projected to clinch control of the Senate after flipping at least two key states and successfully protecting their incumbents.Top stories - ABC News - November 6 -
Trump declares victory at election watch party
Former President Donald Trump took the stage at West Palm Beach County Convention Center to speak to supporters and declare victory.Top stories - ABC News - November 6 -
WATCH: What a Trump win means for the economy
ABC News’ Rebecca Jarvis examines how economics played a part in leading Trump into an election win.Top stories - ABC News - November 6 -
Special counsel Jack Smith expected to wind down Trump prosecutions: Sources
Special counsel Jack Smith is in talks with leadership at the Justice Department evaluating ways he can end prosecutions of Donald Trump, sources told ABC News.Top stories - ABC News - November 7 -
China’s EV price war set to intensify next year as BYD squeezes suppliers
Chinese carmaker asks auto parts providers to cut their prices by 10%World - Financial Times - Yesterday -
House Committee Targets Chip Technology Firms for China Ties
It requested information from a handful of firms that make chip manufacturing possible about their commercial ties to China.Business - The New York Times - November 8 -
TSMC to close door on producing advanced AI chips for China from Monday
World’s biggest contract chipmaker acts to ensure it is in line with US restrictions on Chinese access to latest processorsWorld - Financial Times - November 8 -
Here’s How China’s Chip Industry Plans to Deal With Trump’s Term
Anticipating further combative interactions over trade, the Chinese semiconductor industry is make new friends and boosting hiring.Business - Inc. - November 11 -
US to Introduce New Restrictions on China’s Access to Cutting-Edge Chips
The new limits, which are expected to be announced Monday, are intended to slow China’s ability to build large and powerful AI models.Tech - Wired - 13 hours ago -
Intel Gets Up to $7.9 Billion Award for U.S. Chip-Plant Construction
The government grant is less than originally expected because the chip giant is also receiving separate funding for defense-related projects.Tech - The Wall Street Journal - Yesterday -
Snap shares jump after results come in better than expected
Shares of Snap Inc. rose after hours on Tuesday after the social-media platform reported third-quarter results that beat expectations and said its board authorized a stock buyback of up to $500 ...Business - MarketWatch - October 30 -
Snap shares jump 10% on profit beat, stock buyback
Snap reported third-quarter results on Tuesday that beat on the top and bottom lines, but the company issued light fourth-quarter guidance.Business - CNBC - October 29 -
Intel shares jump 7% on earnings beat, uplifting guidance
Intel reported better-than-expected earnings following a quarter filled with challenges.Business - CNBC - October 31 -
Palantir’s shares jump as ‘unwavering demand’ for AI lifts earnings
Peter Thiel’s data analytics company raises its revenue forecast as growth acceleratesBusiness - Financial Times - November 4 -
Novo Nordisk shares jump 8% after Wegovy sales beat expectations
Novo Nordisk on Wednesday reported third quarter earnings broadly in line with expectations and narrowed its 2024 full-year growth guidance.Business - CNBC - November 6 -
Yeti Shares Climb on Jump in Third-Quarter Cooler, Drinkware Sales
The maker of coolers and insulated drinkware expects to hit the high end of its earnings guidance for the year after posting a bigger profit and higher-than-estimated sales in the third quarter.Business - The Wall Street Journal - November 7
