Huawei

Adaptive and intelligent computing company Xilinx, Inc. (NASDAQ: XLNX) reported fiscal first-quarter results that were mostly in-line with expectations but management guided towards a weaker September quarter. Management said it expects fiscal second-quarter revenue to come in at $825 million,...

The U.S. Department of Justice is "absolutely right" to initiated investigations into big tech companies, U.S. Treasury Secretary Steven Mnuchin said in a CNBC interview Wednesday. 'No Question' The Department of Justice confirmed it will undertake a wide waging review of big tech...

Chinese telecom giant Huawei Technologies Co. clandestinely helped North Korea build and maintain a commercial wireless network, The Washington Post reported Monday. What Happened The Post reported that Huawei worked in a partnership with a Chinese state-owned firm, Panda International...

Momo Inc (NASDAQ: MOMO) stock has tumbled 4.3% in the past week after U.S. President Donald Trump said trade talks with China still have “a long way to go.” Despite the potential bearish news, at least one large bear appears to be dialing back option exposure to Momo on the short side....

Verizon Communications Inc. (NYSE: VZ) CEO Hans Vestberg spoke with CNBC's Julia Boorstin from the sidelines of the Allen & Co. Conference in a conversation touching on issues affecting the telecom space. Competition In 5G Verizon was the first telecom company in the world to dive into 5G,...

Apple's stock fell over 2 percent Monday as multiple bad news blows hit the company: Rosenblatt downgraded the stock to sell from neutral, citing estimates that iPhone sales would drop in 2H19, and VirnetX won a patent appeal case against the company, which could lead to a substantial payout....

Improved sentiment between U.S. and China after the G-20 summit may be short-lived after China reiterated its "clear and consistent" policy on trade. What Happened China's Minister of Commerce spokesman Gao Feng told reporters Thursday the U.S. needs to remove all imposed tariffs...

South Korea's Samsung Electronics Co said Friday its operating profit fell 56% year-over-year in the second quarter to 6.5 trillion Korean won ($5.5 billion) as memory chips continue to experience weakness in both price and demand, according to CNBC. What Happened Analysts were modeling for...

The United States and China have agreed to restart trade talks, President Trump said Saturday at the Group of 20 summit in Osaka, Japan. At a news conference Saturday, Trump said the U.S. would not impose any new tariffs on Chinese exports as the talks begin. After trade talks broke down on May 10...

A thaw in U.S.-China trade relations is good news for American computer chip makers and was already boosting investor confidence abroad Monday. Stocks were already moving higher in Europe and Asia. What Happened President Donald Trump returns from the G-20 summit in Japan with an agreement to...

President Donald Trump and Chinese President Xi Jinping agreed to resume trade talks, and the United States will back down for now from a threat to impose more tariffs, easing, at least temporarily, the high-stakes multibillion dollar trade war that has made investors around the world nervous....

FreightWaves features commentary from Market Voices – contributors with unique knowledge of numerous transportation/logistics/supply chain sectors, as well as other critical expertise. FedEx Corporation (NYSE: FDX) announced on June 24 that it is suing the U.S. Department of Commerce in the United...

FedEx Corporation (NYSE: FDX) is suing the U.S. Dept. of Commerce after shares lost 2.7% Monday in a delivery error connected with Chinese telecom giant Huawei. Concerns that China would blacklist the U.S.-based global delivery service after it returned a Huawei device meant to be delivered in...