The global semiconductor industry is prone to shortages and surpluses. Both drive capital investments. During shortages, chipmakers expand production capacity, leading to oversupply. Now, it’s a...
The Biden administration added two new foreign technology companies to its export prohibition list, accusing the firms of selling cyber intrusion tools that pose a global...
Share: Nonfarm Payrolls (NFP) in the US rose 209,000 in June, the US Bureau of Labor Statistics reported on Friday. This reading came in below the...
Share: Inflation in the US, as measured by the change in Personal Consumption Expenditures (PCE) Price Index, fell to 3.8% on an annual basis in May...
Share: The US Dollar steady as Dollar bulls are in the driving seat for now. Friday’s focus is on PCE, the Fed’s preferred inflation metric. The...
Share: Pending home sales in the US unexpectedly fell in May. US Dollar Index holds in positive territory, moves off highs. Pending home sales in the...
Nvidia’s chief has warned about the risks of an escalating chip war with China. It looks like the company will get one anyway. That could end...
Share: Business activity in the US private sector expanded at a softening pace in early June with the S&P Global Composite PMI falling to 53 from...
Share: The US Dollar loses territory against most G10 currencies. A lot of headlines to hit the markets in the US session with five Fed speakers...
The war for chip supremacy between China and the US, already well under way, won’t be a straightforward slugfest. It will require compromise and strategy. Most...
Crypto.com said Friday that it will shut down its institutional exchange service for US customers in less than two weeks, saying demand is drying up. In...