The pressure is now on. From Canada to Japan, key trade deals are struggling to get over the finish line with just two weeks to go before President Trump’s tariff deadline. Trump managed to firmed up a trade deal with the United Kingdom last week, and its European Union neighbors are apparently pushing for a…
US stock futures held steady after Google parent Alphabet (GOOG, GOOGL) reported strong earnings results, and Wall Street saw its third day of gains on renewed hope of trade deals. Futures attached to the Dow Jones Industrial Average (YM=F) traded flat. Futures attached to the benchmark S&P 500 (ES=F) ticked up 0.4%. Futures attached to…
Two of the Magnificent 7 are scheduled to report results this week: Tesla (TSLA) on Tuesday and … More Alphabet (GOOGL) on Thursday. Despite being mired in a bear market, the Magnificent 7 as a group are expected to grow earning at double the pace of the overall market. (Photo by Spencer Platt/Getty Images) Getty…
The US government has excluded smartphones, computers and other electronics from its reciprocal tariffs, potentially sparing consumers from price hikes, Bloomberg reported. The move that was announced late on Friday by US Customs and Border Protection, benefits tech giants like Apple and Samsung. The report further stated that it narrows the scope of Trump’s trade…
Zhang Jun assiduously followed the news as Chancay port in Peru was developed into the biggest deep water project of its kind on the long Pacific coast of South America. His Nanjing-based company, Jiangsu Haosanyou Information Technology, helps shippers of marine cargo find business along China’s supply chains via the internet. For Zhang, the US$3.5…