manufacturing

The U.S. manufacturing sector shrank for the second straight month in April, driven by weakening demand and rising price pressures linked to tariffs, according to the latest data from the Institute for Supply Management (ISM). The ISM Manufacturing Purchasing Managers’ Index (PMI) fell from...

Commerce Secretary Howard Lutnick is standing firm behind the Trump administration’s plans to bring manufacturing back to the U.S. despite surveys showing pessimistic consumers and recession fears. What To Know: Tuesday on CNBC’s “The Exchange,” Lutnick touted that President...

On Wednesday, Roger Dassen, CFO of ASML Holdings NV (NASDAQ:ASML), a lithography equipment supplier to Nvidia Corp. (NASDAQ:NVDA), acknowledged the contradiction between the U.S. government encouraging domestic chip manufacturing and imposing tariffs on crucial manufacturing tools. What Happened:...

The brief revival in U.S. factory activity vanished in March as input prices shot up at the fastest pace since mid-2022, raising red flags about eroding profit margins, cost pass-through risks and strained supply chains as the U.S. economy braces for the impact of “reciprocal trade tariffs....

More than three decades ago, Apple Inc. (NASDAQ:AAPL) co-founder Steve Jobs sounded the alarm about America’s growing reliance on foreign-made technology components—an issue that's back in the spotlight as President Donald Trump renews his criticism of U.S. dependence on overseas...

Boeing Company (NYSE:BA) shares are trading higher Tuesday after the company reported 44 airplane deliveries for February, maintaining its pace from January and surpassing the delivery numbers from early 2024. What To Know: According to Seattle Times, the increase in deliveries signals progress in...

The U.S. manufacturing sector surprisingly returned to expansion in January, signaling renewed business optimism, though mounting input costs pose a growing inflation risk for the months ahead. Two key indicators tracking U.S. factory activity that were released Monday showed stronger-than-expected...

Volkswagen AG (OTC:VWAGY) is upset about U.S. President Donald Trump‘s proposed tariffs on imports from Mexico. The Wolfsburg, Germany-based car manufacturer “is concerned about the harmful economic impact that proposed tariffs by the U.S. administration will have on American consumers...

Flexible Solutions International, Inc. (NYSE:FSI) shares surged on Thursday after the company entered into a new partnership with a U.S.-based company to manufacture food-grade products under a non-exclusive agreement. The agreement, which started on Jan. 7, is set for a five-year term, with the...

Apple Inc.’s (NASDAQ:AAPL) manufacturing costs for its latest iPhone lineup show promising trends for margins, according to a new Bank of America analysis. The teardown study reveals significant cost reductions in Pro models while highlighting the company’s strategic pricing approach...

Two of the globe’s largest chip manufacturers will clash in court this week due to a disagreement over intellectual property. What Happened: Arm Holdings plc's (NASDAQ:ARM) legal spat with Qualcomm Inc. (NASDAQ:QCOM) commenced Monday, Dec. 16, before a federal jury in Delaware, Bloomberg...

The U.S. manufacturing sector showed signs of improvement in November, yet it failed to avoid another month of contractionary conditions. The Manufacturing Purchasing Managers’ Index (PMI) rose from October’s 46.5% to 48.4% in November, exceeding analyst expectations of 47.5%, as...

Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention. Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With...

Economic activity in the U.S. manufacturing sector contracted for the seventh consecutive month in October, marking the 23rd decline in the past 24 months. What Happened: According to the latest Manufacturing ISM Report On Business released today, the manufacturing purchasing managers’ index...

New On The Block Ari Emanuel‘s sports and entertainment conglomerate, Endeavor Group Holdings Inc (NYSE:EDR), is reviewing a potential sale of IMG tennis assets — including the Miami Open and Madrid Open tennis tournaments. Most of IMG’s other assets were included in a transaction...