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Huawei sales are soaring in China as Apple sinks: Huawei is not only making a roaring comeback in China, it is also on the verge of overtaking Apple in the ...
cnn.com/2024/04/23/tech/huawei-apple-smartphone-sales-china-hnk-intl/
Huawei sales are soaring in China as Apple sinks
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Black swan hedge fund says Fed rate cuts will signal market crash: While U.S. financial markets debate the timing of interest rate cuts, one tail-risk hedge fund ...
reuters.com/markets/us/black-swan-hedge-fund-says-fed-rate-cuts-will-signal-market-crash-2024-04-22/
Black swan hedge fund says Fed rate cuts will signal market crash
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Investors brace for 5% Treasury yields as US inflation worries mount: As U.S. inflation worries grow, some investors are preparing for the 10-year U.S ...
reuters.com/markets/us/investors-brace-5-treasury-yields-us-inflation-worries-mount-2024-04-26/
Investors brace for 5% Treasury yields as US inflation worries mount
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India's IndiGo places first-ever widebody order for 30 Airbus A350 jets: IndiGo, India's top airline by market share, placed an order with Airbus for 30 A350-900 ...
reuters.com/business/aerospace-defense/indias-indigo-places-order-30-airbus-widebody-aircraft-2024-04-25/
India's IndiGo places first-ever widebody order for 30 Airbus A350 jets
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China's EV survival game creates peril - and power: By most measures, the last thing China needs is more electric cars crowding a market with more losers than ...
reut.rs/49Q1bZK
China's EV survival game creates peril - and power
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So far 6000 euros for the Ahrtal: The old boys from Fellingshausen keep collecting donations for the Ahr Valley and want to continue to provide help.
giessener-anzeiger.de/lokales/biebertal-ort848760/bisher-6000-euro-fuer-das-ahrtal-93025090.html
So far 6000 euros for the Ahrtal
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Apple's Q1 phone sales in China fall 19.1%, Huawei's up 70%: Apple's smartphone shipments in China tumbled 19% in the first quarter of the year ...
reuters.com/technology/apples-q1-phone-sales-china-fall-191-huaweis-up-70-2024-04-23/
Apple's Q1 phone sales in China fall 19.1%, Huawei's up 70%
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iPhone sales are plunging. Here’s why: Apple’s smartphone sales tumbled 10% last quarter, according to market research firm IDC, as sales in China fell sharply.
cnn.com/2024/04/15/tech/iphone-sales-plunging/
iPhone sales are plunging. Here’s why
Quick Glance: iPhone sales plummet. Here's why
  • Apple’s smartphone sales dropped by 10% last quarter, primarily due to a sharp decline in sales in China.

  • Samsung had been the top smartphone manufacturer for 12 years, but Apple briefly took the top spot last year.

  • The global smartphone market is showing signs of recovery with a 7.8% increase in smartphone shipments in the first quarter of 2024.

  • Despite expectations for Apple and Samsung to maintain their market dominance, the rise of Huawei and other Chinese manufacturers like Xiaomi and OPPO/OnePlus may continue.
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First-time buyers face toughest test for 70 years, lenders say: First-time buyers depend on two high incomes or parental support, the Building Societies ...
bbc.com/news/articles/c87zgx42m5go
First-time buyers face toughest test for 70 years, lenders say
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Tsukiji 2030s: A stadium, culinary center and transportation hub: Massive redevelopment plans for the former site of Japan's world-famous fish market aim to turn ...
japantimes.co.jp/business/2024/04/22/companies/tsukiji-market-redevelopment/
Tsukiji 2030s: A stadium, culinary center and transportation hub
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Apple loses top phonemaker spot to Samsung as iPhone shipments drop, IDC says: Apple's smartphone shipments dropped about 10% in the first quarter of 2024 ...
reuters.com/technology/apple-loses-top-phonemaker-spot-samsung-iphone-shipments-drop-idc-says-2024-04-15/
Apple loses top phonemaker spot to Samsung as iPhone shipments drop ...
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Google parent Alphabet reclaims spot in $2 trillion valuation club: Alphabet breached the $2 trillion market value mark for the first time since November 2021 on ...
reuters.com/technology/google-parent-alphabet-reclaims-spot-2-trillion-valuation-club-2024-04-26/
Google parent Alphabet reclaims spot in $2 trillion valuation club
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US new home sales rebound to six-month high; rising mortgage rates a concern: Sales of new U.S. single-family homes rebounded in March from February's downwardly ...
reuters.com/markets/us/us-new-home-sales-rebound-march-2024-04-23/
US new home sales rebound to six-month high; rising mortgage rates a ...
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Cryptoverse: Hold for the halving: Could bitcoin's bumper rally just be getting started this year?
reuters.com/markets/currencies/cryptoverse-hold-halving-2024-04-16/
Cryptoverse: Hold for the halving
Quick Glance: Bitcoin 'Halving' Completed, CoinGecko Reports
  • Bitcoin, the world's largest cryptocurrency, completed its 'halving' on Friday, a phenomenon that occurs roughly every four years according to CoinGecko.

  • Following the 'halving', Bitcoin remained relatively stable, dropping by 0.47% to $63,747.

  • The 'halving' was integrated into Bitcoin's code at its inception to reduce the rate of new Bitcoins being created.

  • Experts are divided on whether the upcoming 'halving' will boost Bitcoin's price, with some viewing it as already factored in, while others remain skeptical.
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China's largest auto show showcases all-electric future, local brands dominate: China's largest auto show opened in Beijing on Thursday with the biggest names ...
reuters.com/business/autos-transportation/chinas-largest-auto-show-showcases-all-electric-future-local-brands-dominate-2024-04-25/
China's largest auto show showcases all-electric future, local brands ...
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Microsoft's AI lead puts Amazon cloud dominance on watch: Upcoming quarterly reports from U.S. tech giants may show Microsoft is closing the gap on ...
reuters.com/technology/microsofts-ai-lead-puts-amazon-cloud-dominance-watch-2024-04-24/
Microsoft's AI lead puts Amazon cloud dominance on watch
Quick Glance: AI Revolutionizing Call Centers: TCS Insights
  • The head of Tata Consultancy Services predicts chatbots will reduce the need for human call center agents significantly, revolutionizing the industry.

  • TCS's generative AI projects have doubled in value to $900 million by March, highlighting the increasing demand for tech talent and the need for workforce training.

  • Reports suggest that overall IT services growth is affected by global uncertainties like inflation, war, and elections, leading to a decline in spending and slower revenue growth for companies like TCS and Infosys.

  • Infosys anticipates a modest 1-3% sales growth in the upcoming financial year due to customers delaying discretionary spending on new tech projects amidst the current economic climate.
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China leaves benchmark lending rates unchanged, in line with expectations: China left benchmark lending rates unchanged at a monthly fixing on Monday ...
reuters.com/world/china/china-leaves-benchmark-lending-lprs-unchanged-line-with-expectations-2024-04-22/
China leaves benchmark lending rates unchanged, in line with expectations
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There is a lack of staff at Germany's weekly markets: Weekly markets are not only a place for regional produce, but also a meeting place ...
tagesschau.de/wirtschaft/arbeitsmarkt/wochenmaerkte-handel-personal-100.html
There is a lack of staff at Germany's weekly markets
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TSMC's first quarter profit rises 9%, beats forecasts: TSMC , the world's largest chipmaker and a major Apple and Nvidia supplier, forecast second-quarter sales ...
reuters.com/technology/tsmc-set-report-5-rise-first-quarter-profit-strong-ai-chip-demand-2024-04-18/
TSMC's first quarter profit rises 9%, beats forecasts
Quick Glance: TSMC Forecasts Q2 Growth Due to 'Insatiable' AI Demand
  • TSMC, the world's largest chipmaker, forecasts a potential up to 30% increase in sales in the second quarter, driven by strong demand for semiconductors used in artificial intelligence (AI).

  • The CEO of TSMC emphasized the insatiable demand for energy-efficient computing power for AI applications, stating that almost all AI innovators are collaborating with the company.

  • Benefiting from the AI wave, TSMC expects revenue from AI servers to surpass 20% by 2028. The company anticipates that strong demand for its 3nm and 5nm technologies will support business in the second quarter of 2024.

  • Forecasts for 2024 indicate TSMC's positive outlook, with expectations of revenue rising in the low- to mid-20% range. Despite sluggish smartphone demand, the company remains optimistic about the future due to the ongoing demand for advanced chip technologies.
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Is the tea bubble bursting? ChaPanda shares plunge in Hong Kong IPO: Shares in Chinese bubble tea chain Sichuan Baicha Baidao failed to pop during their market ...
cnn.com/2024/04/23/investing/chabaidao-ipo-hong-kong-flop/
Is the tea bubble bursting? ChaPanda shares plunge in Hong Kong IPO
Quick Glance: ChaPanda's Disappointing Hong Kong Debut Sees 40% Price Drop
  • Chinese tea chain Sichuan Baicha Baidao, also known as ChaPanda, had a disappointing debut on the Hong Kong market with a significant price drop in morning trading.

  • The shares opened at 15.74 Hong Kong dollars, 10% below its IPO price of HK$17.50, and plummeted close to 40% at one point, closing the morning session at HK$11.34, down by 35%.
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China’s growing love of luxury watches remains strong, despite economic headwinds
cnn.com/2024/04/19/style/china-luxury-watches/
China’s growing love of luxury watches remains strong, despite economic ...
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US weekly jobless claims remain at low level: The number of Americans filing new claims for unemployment benefits was unchanged at a low level last week ...
reuters.com/world/us/us-weekly-jobless-claims-unchanged-low-levels-2024-04-18/
US weekly jobless claims remain at low level
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China to Stop Displaying Real-Time Data for Foreign Flows Into Stocks: China will soon cease displaying real-time data for flows into the world’s second-largest ...
bloomberg.com/news/articles/2024-04-15/china-to-end-live-feed-on-gauge-of-foreign-flows-into-stocks
China to Stop Displaying Real-Time Data for Foreign Flows Into Stocks
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Germany says Europe is open to Chinese cars but not at any price: German Chancellor Olaf Scholz pressed his case on Monday for an open and fair European market ...
cnn.com/2024/04/15/business/china-germany-chancellor-cars-overcapacity-hnk-intl/
Germany says Europe is open to Chinese cars but not at any price
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General Motors beats quarterly results targets, raises forecast: General Motors on Tuesday posted quarterly results that topped Wall Street targets and raised ...
reuters.com/business/autos-transportation/general-motors-beats-quarterly-results-targets-raises-forecast-2024-04-23/
General Motors beats quarterly results targets, raises forecast
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Elon Musk is heading to India. He could deliver a big win for Tesla and Narendra Modi
cnn.com/2024/04/19/cars/india-elon-musk-visit-investment-intl-hnk/
Elon Musk is heading to India. He could deliver a big win for Tesla and ...
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Shopping for ‘the classics’: Why the pre-owned luxury watch market is thriving: What’s old is new again, and the longstanding phrase couldn’t be more apropos ...
cnn.com/2024/04/24/style/luxury-pre-owned-watches/
Shopping for ‘the classics’: Why the pre-owned luxury watch market is ...
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Floppy disks are alive: How floppy disks are still used today: After its development in 1969, the floppy disk was the ultimate until the early 90s - then the CD ...
t3n.de/magazin/floppy-disks-disketten-einsatz-heute-251987/
Floppy disks are alive: How floppy disks are still used today
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Exclusive: Abu Dhabi Islamic Bank in talks to buy $1.1 bln stake in Indonesian lender, sources say
reuters.com/markets/deals/abu-dhabis-largest-islamic-bank-talks-buy-11-bln-stake-indonesian-lender-sources-2024-04-17/
Exclusive: Abu Dhabi Islamic Bank in talks to buy $1.1 bln stake in ...
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Asking prices for UK homes close to record high, Rightmove says: Prices of homes being sold in Britain are close to their record highs after the biggest annual ...
reuters.com/world/uk/asking-prices-uk-homes-close-record-high-rightmove-says-2024-04-21/
Asking prices for UK homes close to record high, Rightmove says
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Focus: Czech arms maker CSG chief eyes place on global stage: Michal Strnad, who a decade ago became head of CSG, a family defence business ...
reuters.com/business/aerospace-defense/czech-arms-maker-csg-chief-eyes-place-global-stage-2024-04-14/
Focus: Czech arms maker CSG chief eyes place on global stage
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Despite $90 crude, US oil output capped by weak natgas prices: U.S. crude oil prices last week climbed to their highest this year, but a weak natural gas market ...
reuters.com/business/energy/despite-90-crude-us-oil-output-capped-by-weak-natgas-prices-2024-04-08/
Despite $90 crude, US oil output capped by weak natgas prices
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Train System In The Heart Of Silicon Valley Still Runs On Floppy Disks, But Why?: The San Francisco Municipal Transportation Agency’s system relies on 5-inch ...
hothardware.com/news/train-system-in-heart-of-silicon-valley-still-runs-on-floppy-disks
Train System In The Heart Of Silicon Valley Still Runs On Floppy Disks ...
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UK recruiters report slowest growth in starting pay in over 3 years: Starting salaries for permanent staff grew at the slowest rate in over three years last ...
reuters.com/world/uk/uk-recruiters-report-slowest-growth-starting-pay-over-3-years-2024-04-07/
UK recruiters report slowest growth in starting pay in over 3 years
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BOJ will hike rates if trend inflation accelerates, gov Ueda says: The Bank of Japan will raise interest rates again if trend inflation accelerates toward its 2% ...
reuters.com/markets/asia/boj-will-hike-rates-if-trend-inflation-accelerates-says-gov-ueda-2024-04-23/
BOJ will hike rates if trend inflation accelerates, gov Ueda says
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Ohio senator wants Biden to permanently ban Chinese EVs from US: The chair of the Senate Banking Committee on Thursday urged President Joe Biden to block ...
reuters.com/business/autos-transportation/ohio-senator-wants-biden-permanently-ban-chinese-evs-us-2024-04-11/
Ohio senator wants Biden to permanently ban Chinese EVs from US
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Floppy disks aren't dead yet as this San Francisco train line relies on three of them to run every morning
pcgamer.com/hardware/storage/floppy-disks-arent-dead-yet-as-this-san-francisco-train-line-relies-on-three-of-them-to-run-every-morning/
Floppy disks aren't dead yet as this San Francisco train line relies on ...
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Qatar leads Gulf markets higher; Kuwait slips: The Qatar stock market ended higher on Sunday, boosted by gains in communications, energy and finance stocks ...
reuters.com/world/middle-east/qatar-leads-gulf-markets-higher-kuwait-slips-2024-04-07/
Qatar leads Gulf markets higher; Kuwait slips
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Christiania: A Copenhagen hippy commune fights back against drug gangs: Locals start digging up a Copenhagen street as part of a bid to tackle drug-related crime ...
bbc.com/news/world-europe-68740282
Christiania: A Copenhagen hippy commune fights back against drug gangs
Quick Glance: Christiania's Transformation: Ending Illegal Drug Market
  • Residents of Christiania in Copenhagen aim to remove Pusher Street after decades of illegal drug trade to make way for renovations.

  • The Justice Minister sees the action as symbolically significant, emphasizing the residents' desire to create a new Christiania without a criminal drug market.

  • Having long battled authorities, residents now have the opportunity to control and renovate their land to modernize the hippie oasis.

  • The community hopes that by dismantling the street and renovating, the illegal drug trade will cease, allowing Christiania to remain a legal and alternative part of Copenhagen.
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EV maker Lucid beats first-quarter delivery estimates as price cuts boost demand: Lucid reported first-quarter deliveries above market expectations on Tuesday as ...
reuters.com/business/autos-transportation/ev-maker-lucid-beats-first-quarter-delivery-estimates-2024-04-09/
EV maker Lucid beats first-quarter delivery estimates as price cuts boost ...
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Fears about stagflation are mounting in the US. It’s every central banker’s worst nightmare
cnn.com/2024/04/25/economy/stagflation-us-economy-gdp/
Fears about stagflation are mounting in the US. It’s every central ...
Quick Glance: Rising Key Fed Inflation Measure in March
  • In March, inflation remained strong, with an important indicator closely monitored by the Federal Reserve indicating elevated price pressures.

  • The personal consumption expenditures price index excluding food and energy increased 2.8% from a year ago in March, above expectations.

  • Both the all-items PCE price gauge and the core index increased by 2.7%, higher than estimates, leading to a positive market reaction.

  • Markets reacted mildly to the data, with Wall Street set to open higher, while Treasury yields fell and the probability of rate cuts increased slightly.
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BHP’s Bold $39 Billion Bid to Transform the Mining Landscape: BHP, the world's largest mining firm, has launched a $39 billion acquisition bid for its ...
riotimesonline.com/bhps-bold-39-billion-bid-to-transform-the-mining-landscape/
BHP’s Bold $39 Billion Bid to Transform the Mining Landscape
Quick Glance: BHP Proposes Acquisition to Anglo American
  • Anglo American receives BHP buyout proposal, reshaping the copper market.

  • The proposal involves BHP acquiring Anglo shares, sparking industry transactions.

  • Anglo reviews proposals after profit decline, plans demergers to reduce South Africa exposure.

  • The potential deal could make BHP the world's largest copper producer with market impacts.
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Q1 US GDP shows surprise slowing and uncomfortable inflation: U.S. economic growth slowed more than expected in the first quarter, but a surprisingly hot ...
reuters.com/markets/us/view-q1-us-gdp-shows-surprise-slowing-uncomfortable-inflation-2024-04-25/
Q1 US GDP shows surprise slowing and uncomfortable inflation
Quick Glance: Unlikelihood of Fed Rate Cut Before Elections Disrupts Markets
  • Investors cast doubt on a Fed rate cut before September.

  • Expectations are now fully priced in for a rate cut on November 6-7.

  • The shift in market expectations stemmed from inflation and growth data.

  • There is now an estimated 75 percent likelihood of a Fed rate cut by September.
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Meta shares sink on higher AI spending, light revenue forecast: Meta Platforms disappointed investors on Wednesday with forecasts of higher expenses and ...
reut.rs/44hescF
Meta shares sink on higher AI spending, light revenue forecast
Quick Glance: Meta Quarterly Results: Revenue Expectations Lowered, Stock Fell
  • Meta's quarterly results exceeded expectations, but the revenue forecast for the next quarter was lowered.

  • Despite successful ad business and increasing user numbers, Meta's stock experienced a drop of over 10 percent.

  • Analysts caution about Meta's reduced revenue expectations for the second quarter, leading to investor skepticism.

  • Zuckerberg plans to significantly increase investments in AI models in the coming years to enhance Meta's leading position in the artificial intelligence domain.
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Wall St rises as Big Tech charges higher: Wall Street's main indexes advanced on Friday as most megacap growth stocks rose after robust quarterly results from ...
reuters.com/markets/us/futures-climb-alphabet-microsoft-results-lift-megacaps-2024-04-26/
Wall St rises as Big Tech charges higher
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These asparagus farmers are in the Rems-Murr district - Amazing things from Beinstein
zvw.de/rems-murr-kreis/diese-spargelbauern-gibts-im-rems-murr-kreis-erstaunliches-aus-beinstein_arid-806947
These asparagus farmers are in the Rems-Murr district - Amazing things ...
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AstraZeneca leaps after smashing first-quarter forecasts: AstraZeneca sailed past market expectations for quarterly revenue and profit on Thursday ...
reuters.com/business/healthcare-pharmaceuticals/astrazeneca-beats-first-quarter-revenue-profit-estimates-2024-04-25/
AstraZeneca leaps after smashing first-quarter forecasts
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Chinese Bond Funds Are Limiting Inflows Amid Buying Frenzy: A growing number of fixed-income funds in China is setting limits on investor inflows ...
bloomberg.com/news/articles/2024-04-26/china-funds-step-up-efforts-to-cool-bond-buying-as-yields-slide
Chinese Bond Funds Are Limiting Inflows Amid Buying Frenzy
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New ASML boss Fouquet must navigate US/China chip war: ASML's new boss Christophe Fouquet faces a tricky balancing act in helping to steer Europe's biggest tech ...
reuters.com/technology/new-asml-boss-fouquet-must-navigate-uschina-chip-war-2024-04-25/
New ASML boss Fouquet must navigate US/China chip war
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Microsoft Smashes Earnings Expectations—Stock Up 5%: The world’s largest company continues to impress Wall Street.
forbes.com/sites/dereksaul/2024/04/25/microsoft-smashes-earnings-expectations-stock-up-5/
Microsoft Smashes Earnings Expectations—Stock Up 5%
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Morning Bid: Big Tech see-saw flips positive, yen swings wildly: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2024-04-26/
Morning Bid: Big Tech see-saw flips positive, yen swings wildly
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Nissan, Mazda roll out new models for China as they aim for comeback: Nissan Motor and Mazda Motor unveiled new cars tailored for Chinese drivers on Thursday ...
reuters.com/business/autos-transportation/nissan-unveils-four-concept-cars-fuel-china-comeback-2024-04-25/
Nissan, Mazda roll out new models for China as they aim for comeback
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South Korea Q1 GDP growth smashes estimates, but outlook's uncertain: The South Korean economy grew at the fastest pace in more than two years in the first ...
reuters.com/markets/asia/south-korea-q1-gdp-13-qq-beating-forecast-2024-04-24/
South Korea Q1 GDP growth smashes estimates, but outlook's uncertain
Quick Glance: South Korea Q1 GDP Growth Exceeds Estimates
  • The South Korean economy grew faster than expected in the first quarter, driven by an increase in domestic consumption and robust exports. However, the sustainability of the recovery was questioned.

  • GDP for the January-March quarter grew by 1.3%, marking the sharpest expansion since the fourth quarter of 2021 and surpassing all forecasts.

  • Growth in domestic demand was the main factor behind the stronger-than-expected GDP, with private consumption increasing by 0.8%. Analysts expressed uncertainty regarding the long-term strength of economic growth.

  • Despite a rebound in exports and an increase in government spending, uncertainty remains regarding inflation outlook and monetary policy, as the Bank of Korea reconsiders its economic growth projections for 2024.
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Intel forecasts second-quarter revenue below estimates: Intel forecast second-quarter revenue below market estimates on Thursday, as it faces weak demand for its ...
reuters.com/technology/intel-forecasts-second-quarter-revenue-below-estimates-2024-04-25/
Intel forecasts second-quarter revenue below estimates
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Parking fees: Free parking spaces suggested during weekly market times: According to the AWG group, the Aurich weekly market needs support. That's why the voting ...
on-online.de/artikel/1465715/Gratis-Stellplaetze-in-Wochenmarktzeiten-vorgeschlagen
Parking fees: Free parking spaces suggested during weekly market times
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China EV maker Nio urges openness in US speech amid tensions: Chinese electric vehicle (EV) maker Nio's founder called for openness in a rare speech in the ...
reuters.com/business/autos-transportation/china-ev-maker-nio-urges-openness-us-speech-amid-tensions-2024-04-14/
China EV maker Nio urges openness in US speech amid tensions
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A brutal elimination round is reshaping the world’s biggest market for electric cars
cnn.com/2024/04/24/business/china-ev-industry-competition-analysis-intl-hnk/
A brutal elimination round is reshaping the world’s biggest market for ...
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Très belle: French women's favorite bag is back - and we love them!: Everyone loves these bags, especially the French women - but this year we're looking at the ...
harpersbazaar.de/fashion/tres-belle-lieblingstasche-franzoesinnen-ist-zurueck-lieben
Très belle: French women's favorite bag is back - and we love them!