Search results for "stock"

Factbox - Chinese Chipmaking Equipment Manufacturers Filling Void Left by U.S. Export Restrictions

The United States is working to expand its restrictions on the export of chipmaking equipment to China by securing cooperation with the Netherlands and Japan, forcing Chinese chipmakers to turn to domestic suppliers such as those listed below. SHANGHAI MICRO ELECTRONICS EQUIPMENT (SMEE) SMEE is China’s only producer of lithography machines used in semiconductor manufacturing, […]

TSX Snaps Weekly Losing Streak as Investors Cheer Chinese Data

Canada’s commodity-heavy main stock index rose on Friday to its highest closing level in more than two weeks as encouraging economic data from major energy importer China allayed fears of a global economic slowdown. Activity in China’s services sector expanded at the fastest pace in six months in February as the removal of tough COVID-19 […]

SoftBank’s Arm Rebuffs London by Choosing U.S. Listing

Arm, the chip designer owned by Japan’s SoftBank, said on Friday it would pursue a U.S.-only listing this year, dashing the British government’s hopes that the tech giant would return to the London stock market. The company did not completely rule out an eventual London listing, saying it intended to consider a subsequent IPO there […]

Activist Investor Dan Loeb Builds Passive Stake in AMD

Billionaire investor Daniel Loeb on Thursday told investors in his hedge fund Third Point the firm has invested in chip designer Advanced Micro Devices, a source familiar with the matter said. Third Point, which occasionally pursues an activist strategy and pushes for changes at companies, is not planning to press for changes at AMD and […]

Marketmind: Inflation ‘Blip’ or Brave New World?

There was a sense of hesitation in world markets on Friday about whether dramatic re-pricing of U.S. and European interest rate horizon over the past month was an overreaction and a New Year economic burst might prove to be a temporary fillip. Many central bank officials certainly seemed less quick to judgment. U.S. Federal Reserve […]

Futures Rise as Yields Retreat from Highs

U.S. stock index futures inched higher on Friday as Treasury yields took a breather from a week-long rally, which was sparked by worries that the Federal Reserve would keep interest rates higher for longer to tame stubborn inflation. Wall Street indexes have had a volatile start to March after the latest economic data pointed to […]