Morgan Stanley analyst Erik Woodring warned that a sharp drop in sales of personal computers and consumer electronics during recent quarters would negatively affect computer hardware stocks.
Morgan Stanley analyst Erik Woodring warned that a sharp drop in sales of personal computers and consumer electronics during recent quarters would negatively affect computer hardware stocks.
Intel believes its self-driving car division Mobileye Global Inc. will be priced significantly lower than previously estimated during its initial public offering, as reported by Corrie Dribush from The Wall Street Journal.
Apple has temporarily halted its plans on using memory chips by Yangtze Memory Technologies Co.
The president of the central bank of the Netherlands, Klaas Knot, said that once the interest rate increases to a level that will neither push the economy to grow nor slow it down, the ECB should consider cutting its own assets, which, according to Knot, are too large.
The dollar continues to rally until the global economy recovers and accelerates, according to Citigroup Global Markets Inc.
The last weekend was quiet for the Bitcoin’s to US dollar exchange rate (BTCUSD), and the volatility spotted throughout the week completely disappeared. At the moment, commentators are waiting for the returning of the rush.
Chinese President Xi Jinping promised that his country would win the fight to develop strategically important technologies.
On Friday the US stock markets fell. Market participants continued to fear inflation.
The Fed's rapid interest rate hike has helped strengthen the dollar against other currencies, but that positive effect could wane once the U.S. central bank pauses rate hikes, said James Bullard, president of the St. Louis Fed.
Deputy head of the Bank of Japan Masazumi Wakatabe gave an opinion that the recent swings of the national currency were one-sided and quite fast.