Huawei

The likelihood is low that Apple Inc. (NASDAQ: APPL) and its iPhones will feel the brunt of the tariffs given its strategic importance in the U.S. market, according to Wedbush.  The Analyst  Daniel Ives maintained an Outperform rating on Apple with a $235 price target.  The...

EUR/USD is getting comfortable in lower ground as the US-Sino trade war intensifies. Upcoming elections in Europe may send the common currency lower. The technical outlook is bearish for the currency pair. It is two steps backward, one step forward for EUR/USD that settles on lower ground in...

NeoPhotonics Corp (NYSE: NPTN), a manufacturer of optoelectronic products, lowered its second-quarter guidance related to "a write-down of certain inventories" as a result of new Department of Commerce restrictions on sales to the Chinese company Huawei.  What Happened...

Bank of America Merrill Lynch held meetings with Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) management Friday that it said inspired greater confidence in the company’s scope for growth and turnaround efforts. The Analyst Tal Liani upgraded Ericsson from Neutral to Buy and raised the...

Inphi Corporation (NYSE: IPHI) reduced its second-quarter earnings and sales guidance Wednesday as a result of the U.S. ban on American companies selling technology to the Chinese company Huawei.  Second-quarter revenue is now expected to be down 5 percent from previous guidance, Inphi...

Shares of American semiconductor and telecommunications equipment company QUALCOMM, Inc. (NASDAQ: QCOM) were trading higher Tuesday following a Reuters report that the company may be able to license its 5G network technology patents to Huawei, as export laws do not cover patents. On...

Qorvo Inc (NASDAQ: QRVO) shares were in the green Tuesday despite a guidance update from the American semiconductor company that reflects the Department of Commerce's restrictions on sales to the Chinese company Huawei.  The stock was trading up by 2.28 percent at $62.67 at the time of...

EUR/USD is getting comfortable in lower ground as the US-Sino trade war intensifies. Upcoming elections in Europe may send the common currency lower. The technical outlook is bearish for the currency pair. It is two steps backward, one step forward for EUR/USD that settles on lower ground in...

The Huawei soap opera took another plot twist overnight, and this one looked positive. Stocks ricocheted higher following Monday’s poor showing, but how the episode ultimately turns out remains a mystery. Now the Commerce Department says Huawei will be allowed to access U.S. technology and...

Fourteen months after President Donald Trump said trade wars "are easy to win," investors are still dealing with market weakness and volatility as the trade dispute between the U.S. and China continues, with the latest volley being a U.S. ban on supplying the Chinese phone company Huawei...

Telecom supplier Lumentum Holdings Inc (NASDAQ: LITE) shares were trading lower Monday after the firm lowered its fourth-quarter earnings per share and sales guidance. Lumentum shares were down by 3.2 percent at $44.76 at the time of publication Monday.  Lumentum released a statement...

Investors are starting their week off confronted by continuing tensions between the U.S. and China, as the trade dispute lingers and fallout from President Trump’s blacklisting of Chinese telecom giant Huawei widens. Google parent Alphabet Inc (NASDAQ: GOOG) has suspended some business with...

As trade tensions between the United States and China have escalated, companies such as Alphabet Inc (NASDAQ: GOOGL)'s Google have suspended some busniess with Chinese firm Huawei. What To Know On May 15, the Trump administration added Huawei to a list of companies that U.S. firms can no...

President Donald Trump signed an executive order Wednesday that limits how "foreign adversaries" conduct business with U.S. companies. What Happened The Department of Commerce said China's Huawei and 70 related companies will be included in the "Entity List,"...

China's foreign ministry spokesman Geng Shuang said Wednesday he hoped the U.S. would stop using national security as a pretext and create a "fair environment" for Chinese companies, according to a Reuters report. Shuang also said the U.S. has been abusing its national power to smear...