A robotic machine manufactures a semiconductor chip at a stall to show investors during The Advantage Assam 2.0 Investment Summit in Guwahati, India, on Feb. 25, 2025.Nurphoto | Nurphoto | Getty ImagesIndia wants to become a global chip major, but the odds are steep: competition is fierce, and India is a late entrant in the race to make the most advanced chips.In 2022, when the U.S. restricted exports of its advanced AI chips to China to curb Beijing’s access to cutting-edge technology, a global race for semiconductor self-reliance began.For India, it offered an opportunity: the country wants to reduce dependence…
Author: usaeverydaylife
Pedestrians crossing street at night in Hong Kong, China Nathan RoadNikada | E+ | Getty ImagesAsia-Pacific markets were set to open higher Tuesday, tracking Wall Street gains on tech stocks’ rally.Australia’s ASX/S&P 200 was poised to open higher, with its futures contract trading at 8,867, against the index’s last close of 8,810.9.Hong Kong’s Hang Seng Index was set to open higher, with its futures contract last traded at 26,396, against the index’s previous close of 26,344.14. Hong Kong is bracing for a severe typhoon. The Hong Kong Observatory warned that conditions will begin to worsen later Tuesday, with Super Typhoon…
The final trades of the day with CNBC’s Melissa Lee and the Fast Money traders. Source link
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Sept. 22, 2025.Jeenah Moon | ReutersStock futures are little changed Monday night as investors monitor the risks of a stock market at all-time highs.Futures tied to the Dow Jones Industrial Average fell 24 points, or 0.05%. S&P futures slipped 0.05%, while Nasdaq 100 futures slid 0.03%.The three major averages closed at all-time highs, marking three consecutive winning sessions for the S&P 500, and recorded fresh intraday records on Monday. Gains accelerated in the latter half of the trading session after Nvidia shares…
Morgan Stanley upgraded shares of Applied Materials , saying it is more confident in the semiconductor wafer fab equipment market and that the company’s base case is moving closer to the investment bank’s bull case. The chip equipment maker rose more than 1% premarket Monday after Morgan Stanley hiked its investment opinion to overweight from equal weight. Applied Materials has jumped more than 16% year to date, outperforming the S & P 500. “Over the last few weeks memory pricing trends have clearly improved and we believe 2026/2027 memory capex expectations have risk skewed to the upside,” Morgan Stanley said…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailThe ‘Fast Money’ traders discuss U.S. backing for Argentina, the impact on the peso, fiscal austerity measures, opportunities in Mercado Libre, and the broader implications for emerging markets and trade tensions, and much more. Source link
In this photo illustration, Tylenol caplets are displayed on Sept. 22, 2025 in San Anselmo, California.Justin Sullivan | Getty ImagesThe Trump administration on Monday drew an unproven link between autism and pregnant women’s use of acetaminophen, the active ingredient in one of the world’s most common over-the-counter pain relievers, Kenvue’s Tylenol.President Donald Trump said the Food and Drug Administration will issue a physician’s notice about the risk of patients using acetaminophen during pregnancy unless they have a fever. The agency will also start the process of changing the safety label for acetaminophen on Tylenol and similar products.The moves clash with…
U.S. Senate Minority Leader Charles Schumer (D-NY) and House Minority Leader Hakeem Jeffries (D-NY) speaks with the press on Capitol Hill on Thursday Sept. 11, 2025. Demetrius Freeman | The Washington Post | Getty ImagesPresident Donald Trump will meet with the two top Democrats in Congress sometime this week as the federal government heads toward a possible shutdown, a person familiar with the meeting told CNBC.Trump’s meeting with Senate Minority Leader Chuck Schumer and House Minority Leader Hakeem Jeffries, both New Yorkers, would come just days before a Sept. 30 deadline for Congress to pass a funding resolution that would keep…
Investors who want to take advantage of a generational opportunity to capture attractive income on municipal bonds may not want to wait much longer, according to strategist Tom Kozlik. Yields have already fallen by about 34 basis points — or 0.34 percentage point — since the beginning of September, he said. Bond yields move inversely to prices, so when yields fall, prices rise. “The opportunity for investors to lock in generationally attractive yields is slipping away every day,” said Kozlik, head of public policy and municipal strategy at Hilltop Securities. “The cost of waiting is rising every day.” He expects…
White House Border Czar Tom Homan talks with reporters on the driveway outside the West Wing on March 17, 2025 in Washington, DC. Chip Somodevilla | Getty Images News | Getty ImagesThe White House on Monday denied reports that border czar Tom Homan allegedly accepted $50,000 in cash last year from undercover FBI agents during an alleged bribery sting operation.”Mr. Homan never took the $50,000 that you’re referring to, so you should get your facts straight,” White House press secretary Karoline Leavitt said during a briefing when asked about the reports that emerged over the weekend.”This was another example of the…
