Reported 4 months ago
China's chip equipment manufacturing sector, driven by companies like SiCarrier and supported by government initiatives to reduce reliance on foreign suppliers, has made significant strides, increasing its domestic market share from 5.1% in 2020 to 11.3% in 2024. Despite challenges, particularly the denial of advanced lithography technology from ASML, Chinese firms have shown promise in areas like photo-resist removal and cleaning, with companies such as Naura and Advanced Micro-Fabrication Equipment Inc. experiencing substantial revenue growth.
Source: YAHOO
Reported 4 months ago
SiCarrier, a Chinese chip equipment maker closely associated with Huawei, is aiming to raise $2.8 billion in its first fundraising round to expand its operations and become the leading domestic provider of chipmaking equipment. Founded in 2021, SiCarrier has gained attention in the semiconductor industry, despite having limited product readiness. The Shenzhen government is looking to sell a stake in SiCarrier, and interest from state-owned firms and venture capital is high, as the company competes to overcome U.S. export restrictions and establish itself in a crucial technological field.
Source: YAHOO
Reported 4 months ago
Market Domination Overtime co-hosts Julie Hyman and Josh Lipton preview May 14's key stories, including earnings reports from Cisco Systems and CoreWeave, along with fresh insights from the Federal Reserve. Analysts anticipate strong demand for Cisco's AI-related services, while CoreWeave's first earnings as a public company will focus on its growth strategies beyond Microsoft revenue.
Source: YAHOO
Reported 4 months ago
Bain Capital announced its withdrawal from the bidding for Insignia Financial, an Australian wealth management firm, due to global capital market volatility. The firm had been in a competitive bidding scenario against CC Capital, with Bain previously raising its offer to A$3.34 billion. Insignia continues discussions with CC Capital, which is still working towards a binding bid.
Source: YAHOO
Reported 4 months ago
Coinbase shares surged by 24% after the announcement that the cryptocurrency exchange will be included in the S&P 500. The stock broke out of an inverse head and shoulders pattern, with key resistance levels at $273 and $330, while support is noted around $208. This inclusion marks a significant milestone for Coinbase, which is set to replace Discover Financial Services in the index.
Source: YAHOO
Reported 4 months ago
Elon Musk's companies continue to prosper due to his close relationship with the Trump administration, as demonstrated at the Saudi-US Investment Forum where he announced new business deals with the Saudi government, including Starlink approvals. His influence has elevated the visibility of his ventures like Tesla and SpaceX, with significant government contracts and support rallying behind him since Trump's rise to power.
Source: YAHOO
Reported 4 months ago
April's Consumer Price Index (CPI) data shows flat new vehicle prices, surprising analysts, as automakers like Honda announce significant profit drops due to tariffs. Automakers have been working through inventory, leading to near-term price stability, but the long-term impact of tariffs and currency fluctuations raises concerns about the profitability of Japanese automakers.
Source: YAHOO
Reported 4 months ago
Coinbase Global is set to join the S&P 500 on May 19, replacing Discover Financial Services, following a significant 25% rise in its shares. Analysts are optimistic about Coinbase's prospects amid a revitalized US crypto market under the Trump administration, highlighting its dominance with a 66% market share. This inclusion marks a pivotal moment for the cryptocurrency sector, as Coinbase becomes the first crypto company listed in the S&P 500, potentially increasing mainstream exposure to digital assets.
Source: YAHOO
Reported 4 months ago
In the latest episode of Yahoo Finance's 'Decoding Retirement,' Robert Powell discusses the evolving concept of retirement with Andy Smith from Edelman Financial Engines, who emphasizes the importance of personalizing retirement plans. As changes in Social Security provoke anxiety, particularly among younger Americans, Smith advocates for a dynamic approach to financial planning that considers various living scenarios, tax efficiency, and the potential for living longer than expected. The conversation highlights the shift away from traditional retirement models towards more adventurous and flexible lifestyles, urging individuals to actively engage with their financial future.
Source: YAHOO
Reported 4 months ago
在最新的美国与中国关税新闻以及四月份的消费者物价指数数据下，华尔街观察者Madison Mills与Prairie Operating Co.的Lou Basenese探讨了Alphabet（GOOG, GOOGL）的潜力。他将Mag 7比作一个“解散的男孩乐队”，认为Alphabet将可能在这一名单中脱颖而出，拥有一段“独唱”生涯。Basenese指出Alphabet的估值已经降至一年多来的最低，且在AI领域展现出强劲的商业驱动力，即便面对监管担忧，该公司也被认为仍然具有良好的增长前景。
Source: YAHOO
Reported 4 months ago
As car prices fluctuate, consumers face uncertainty with changing tariff impacts. Used car prices dropped slightly by 0.5% in April but remain higher year-over-year. New vehicle prices held steady, and American automakers anticipate profit challenges due to tariffs, particularly affecting brands like Ford. Despite the confusing landscape, experts suggest that the summer buying season may still offer favorable conditions for consumers, with various incentives and financing options available.
Source: YAHOO
Reported 4 months ago
Childcare costs are increasingly burdensome for families, leading many to make difficult financial decisions. In a discussion with Reshma Saujani, founder of Moms First, key issues like the broken childcare business model and the need for government and business intervention to reduce costs are highlighted. Currently, over half of parents are in debt due to childcare expenses, and effective policies must be pursued to make childcare more affordable for all families.
Source: YAHOO
Reported 4 months ago
Apple and Nvidia emerge as key beneficiaries from the recent US-China trade agreement to temporarily reduce tariffs, which has uplifted tech stocks and restored market confidence. Industry expert Dan Ives emphasizes that the deal alleviates significant supply chain concerns for both companies, suggesting potential for new market highs.
Source: YAHOO
Reported 4 months ago
Microsoft is set to lay off 3% of its workforce, impacting thousands of employees globally, as reported by CNBC. Unlike previous layoffs that were performance-based, these cuts are aimed at streamlining management and come after the company had 228,000 employees as of June. This marks Microsoft's most significant layoffs since 10,000 roles were cut in 2023, despite the company having delivered better-than-expected financial results recently.
Source: YAHOO
Reported 4 months ago
China has lifted its ban on Boeing aircraft deliveries to local airlines, coinciding with a U.S.-China agreement to reduce tariffs. United Airlines CEO Scott Kirby reassured travelers about safety concerns at Newark Liberty International Airport following recent air traffic control issues. Additionally, Coinbase will join the S&P 500 on May 19, replacing Discover Financial Services, marking the first cryptocurrency firm added to the index.
Source: YAHOO
Reported 4 months ago
In April, U.S. consumer prices experienced a moderate rebound, with the consumer price index (CPI) rising by 0.2% after a slight decrease in March. Although inflation is expected to increase in the coming months due to tariffs affecting imported goods, economists anticipate a less severe rise in inflation than previously expected. The recent trade tensions between the U.S. and China have led to a temporary reduction in tariffs, which may help the economy avoid a recession, despite ongoing sluggish growth.
Source: YAHOO
Reported 4 months ago
The US Bureau of Labor Statistics reports that the Consumer Price Index (CPI) rose by 0.2% month-over-month and 2.3% year-over-year in April, slightly below expectations. This marks the smallest annual increase since February 2021, with shelter costs contributing significantly to the monthly rise. Supercore CPI, excluding food, energy, and housing, also showed a 0.2% monthly increase. Overall, the inflation data indicates a slight easing in price pressures.
Source: YAHOO
Reported 4 months ago
According to the latest Consumer Price Index (CPI) report from April, consumer prices rose by 2.3% year-over-year, marking the slowest annual increase since February 2021 and below economists' expectations. Monthly prices increased by 0.2%, which is less than projected, with significant contributions from the shelter and furniture sectors. Despite concerns about the impact of President Trump's tariffs, the CPI results reflect limited immediate effects, as economic adjustments may take time.
Source: YAHOO
Reported 4 months ago
For the first time in months, retail egg prices in the US have started to decline, marking a significant change in the consumer market.
Source: YAHOO
Reported 4 months ago
Inflation showed further signs of cooling last month as prices for groceries and gas decreased, with limited evidence of any tariff impacts so far.
Source: YAHOO
Reported 4 months ago
China has granted export permits to four rare earth magnet producers, including suppliers to Volkswagen, marking the first approvals since recent shipment restrictions. The permits indicate that critical materials will continue to flow, with licenses issued for customers primarily in Europe and Vietnam. This development comes shortly after China imposed restrictions on rare earth elements in response to U.S. tariffs, signaling a possible easing of trade tensions.
Source: YAHOO
Reported 4 months ago
During President Lula's visit to China, Brazil secured agreements to export an ethanol by-product used in animal feed, aiming to challenge the U.S. market dominance as tensions between the two countries continue. The deal enhances Brazil's agricultural ties with China and comes as the nation increases its production of distillers dried grains (DDGs), which are crucial for livestock feed. This initiative marks a significant opportunity for Brazil to become a key supplier in the Chinese market, diversifying its trade partnerships.
Source: YAHOO
Reported 4 months ago
Under Armour reported a smaller-than-expected decline in fourth-quarter revenue, signaling progress in its turnaround strategy that includes reducing discounts and inventory while promoting full-price sales. Despite this improvement, the company faces challenges in its largest market, North America, due to economic concerns and the impact of tariffs on its manufacturing in Vietnam. The retailer's gross margin rose, but future revenue is projected to decline further.
Source: YAHOO
Reported 4 months ago
Chinese authorities have met with major food delivery companies, including JD.com, Meituan, and Ele.me, to emphasize the need for fair competition in the industry, reminding them to adhere to regulations and protect the rights of consumers, businesses, and delivery workers.
Source: YAHOO
Reported 4 months ago
As of May 13, 2025, U.S. stock futures are slightly down following a rally spurred by trade optimism. President Trump is on a Middle East tour aimed at securing business deals, while UnitedHealth shares drop sharply due to the CEO's departure. Reports indicate China will allow Boeing deliveries again, boosting Boeing stock, and Coinbase shares surge as it prepares to join the S&P 500 index.
Source: YAHOO