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Goldman Sachs Turns Bearish On Chipmakers, Advises Hedge Through Put Options: China Remains 'A Major Risk For The Sector'
Friday, July 19, 2024 - 11:38am | 636Read More...Goldman Sachs analysts have turned surprisingly bearish on chipmakers, advising investors to hedge their exposure to the sector by purchasing put options. In a note shared Friday, analyst Arun Prakash, CFA, cautioned about the potential for further downside in the semiconductor sector in the near...
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Trump's China Tariff Hikes Could Smother US Economic Growth: Fitch Ratings Sounds Alarm
Thursday, May 9, 2024 - 4:10pm | 657Read More...Fitch Ratings has issued a stark warning about the potential economic fallout of aggressive trade tariffs proposed by former President Donald Trump should he win this year’s presidential elections. The credit rating agency predicts that significant increases in U.S. trade tariffs, especially...
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Biden Administration Tightens Grip On China's Huawei, Revokes Key Export Licenses From US Chipmakers
Tuesday, May 7, 2024 - 4:23pm | 649Read More...The Biden administration has revoked export licenses that previously allowed major American semiconductor manufacturers, Intel Corp. (NASDAQ:INTC) and Qualcomm Inc. (NASDAQ:QCOM), to supply essential chips to Huawei. This decision, as confirmed by the Commerce Department to the Financial Times on...
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Washington Set To Launch Probe Into Huawei's Recent Cutting-Edge Mobile Phone Technology
Thursday, September 7, 2023 - 5:15pm | 541Read More...The latest smartphone from Huawei Technologies Inc. is causing ripples of concern within Washington circles as it appears to use technology the U.S. has been aiming to restrict from China. This development could potentially hamper the ongoing efforts by the Biden administration to mend...
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US Mirrors China As Electric-Vehicle Bubble Starts To Deflate: WSJ
Tuesday, August 22, 2023 - 5:40am | 443Read More...The U.S. is mirroring China’s EV crisis where surges in production have led to an oversaturated market, according to an op-ed by Wall Street Journal. Auto manufacturers in China are bleeding cash and facing bankruptcy due to a relentless price war. Over the past decade, numerous Chinese...
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US Triumphs As WTO Rules Against China's Retaliatory Tariffs Under Trump's Era
Wednesday, August 16, 2023 - 11:50am | 451Read More...The World Trade Organization (WTO) ruled China overstepped its trade agreements by imposing tariffs on $2.4 billion of U.S. goods. On Wednesday, a trio of WTO specialists concurred with the U.S., stating China’s tariffs breached the organization’s “most favored nation”...






