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Applied Materials : Shares were slightly higher after the semiconductor equipment company reported better-than-expected results. "They're in the right spot, sweet spot," Jim Cramer said. "Too early to buy," Cramer said, noting the company also expects a few weaker quarters ahead. Robinhood Markets , Coinbase : Bank of America analysts double upgraded Robinhood to buy from underperform, citing rising retail engagement. "And Coinbase, they're talking about bitcoin accelerating.
Persons: Jim Cramer's, Jim Cramer, Gary Dickerson, Cramer, BTIG, it's Organizations: CNBC, Club, Darden, Olive Garden, LongHorn, Texas, Robinhood, Coinbase, Bank of America
Megan Tjelle lost 55 pounds by walking and eating healthy in a calorie deficit. Tjelle had started a demanding career, and working night shifts as a nurse made it hard to develop healthy eating and exercise habits. Her plantar fasciitis, which she initially put down to her work, eased when she lost weight. As Tjelle lost weight, she gained confidence and could feel herself getting fitter as she was able to exercise more. AdvertisementAlthough her appetite dropped, she continued eating healthy meals and ensured she was consuming enough protein to help her hold on to muscle while losing fat.
Persons: Megan Tjelle, Tjelle, Wegovy, , overeating, she'd, She'd, Megan Tjelle Tjelle, I've Organizations: Service, Research, FDA, Seattle Sutton, GPL Locations: Chicago, Seattle, Wegovy
South Korean millennials are turning to pet rocks to combat loneliness and burnout at work. Originally a 1970s joke gift, pet rocks can give a low-maintenance sense of companionship. AdvertisementAdults in South Korea are using pet rocks to help with loneliness and burnout at work. The Journal's Jiyoung Sohn spoke to millennials turning to pet rocks to help them through difficult periods in their careers. Related storiesThe coronavirus pandemic prompted a pet-rock boom in South Korea, according to a July 2023 report by Korea JoongAng Daily.
Persons: , Gary Dahl, Bettmann, Jiyoung Sohn, Koo Ah, Sohn, Koo, Yoon Jeonghan, Gen Z Organizations: Service, Street, Business, South Korea's Ministry of Interior, Safety, The Korea Herald, South Korea's Ministry, CNN, Bloomberg, Companies Locations: South Korea, Asia, Seoul, Korea
Investing without owningLike real-estate investment trusts (REITs), real-estate funds provide exposure to the tangible asset class without owning and managing property. Investing directly through a private real-estate fund would take a few extra steps. The process requires an investor to identify a real-estate fund of interest. Once that's completed, funds from the retirement account are directly transferred into the real-estate fund. It's also important to read the terms of each fund; some may have added costs for repairs, expenses, and maintenance, which your IRA funds would cover.
Persons: Paul Daneshrad, Daneshrad, He's, we're, Dow, there's, Roth, that's, Gary Diamond, Fishman, Diamond, It's Organizations: Starpoint, Business, Federal, CPA
It’s the final two sets of criteria that are most pertinent for Niemann and LIV Golf players. Though exact criteria differs between the four major championships, all incorporate world ranking points as a viable qualifier. Why is that an issue for some LIV Golf players? Mike Ehrmann/Getty ImagesHow are LIV Golf players making it to the majors? Meanwhile LIV Golf players without such past glories to stamp their tickets to major championships are, like Niemann, crossing the globe in pursuit of alternative routes in.
Persons: LIV, LIV Golf’s Joaquin Niemann, Tiger Woods, Jon Rahm, Ross Kinnaird, Nick Dunlap –, , Niemann, It’s, Greg Norman, Gary Davidson, Peter Dawson, LIV Golf, ” Dawson, OWGR, Tom Dulat, “ It’s, it’s, ” Niemann, , , don’t, Mike Ehrmann, Japan’s Ryo Hisatsune, Fred Ridley, Brooks Koepka, Phil Mickelson, Rahm, Mike Blake, Reuters Rahm, Koepka, Cameron Smith, Adrian Meronk, Tyrell Hatton, Bryson DeChambeau, Patrick Reed, DeChambeau, Reed, Dean Burmester, David Puig jetted, Burmester, December’s Organizations: CNN, PGA, Augusta National, PGA Championship, British, Amateur, American Express, LIV Golf, LIV, OWGR, Hero Dubai, CBS, Golf, Augusta, Reuters, 152nd, Puig, Malaysian, Royal Locations: Augusta, Asia, Pacific, America, Saudi, Dubai, Chilean, South Africa, Malaysia, Johannesburg, Kuala Lumpur, Scotland
While not strictly an IPO, the listing was soon followed by Vietnamese tech unicorn VNG's filing to list on the Nasdaq. As local companies grow, "they are outgrowing the ability of those markets to provide the capital that they need," said Drew Bernstein, co-chairman of accounting firm MarcumAsia. Since the fallout over Didi in the summer of 2021, regulation and a tepid U.S. IPO market have stalled most Chinese listing plans. She said given the success of Southeast Asian ride-hailing company Grab , more Vietnamese companies are starting to look beyond the domestic market to regional business. George Chan, global IPO leader at EY, expects "a lot" of companies from Southeast Asia will reach the IPO stage in the next 12 to 18 months, and might also consider the Hong Kong exchange.
Persons: Scott Mlyn, VinFast, Johan Annell, VNG, Drew Bernstein, It's, Bernstein, who'd he'd, Didi, Gary Dvorchak, Blueshirt, Nguyen Nguyen, Vu Van, ELSA, Van, George Chan Organizations: New York Auto Show, CNBC BEIJING, U.S, Spade, Nasdaq, ARC Group, China -, Renaissance Capital, Investor, CNBC, World Bank, Southeast Asia — Locations: Asia, U.S, Vietnam, Beijing, Cayman Islands, Malaysia, China, China - U.S, Thailand, Indonesia, Singapore, Southeast Asia, Hong Kong
Donald Trump said on Wednesday he was "very honored" to receive support from Black Lives Matter. Black Lives Matter leaders condemned Fisher's remarks and TrumpThat Trump even has support from Black Lives Matter is being disputed by leaders in the movement. However, the website also said it is "not affiliated with any other Black Lives Matter Movement." The statement called Fisher's organization "illegitimate," said it had no connection to the wider Black Lives Matter movement, while disputing that Fisher should be called a "Black Lives Matter leader." AdvertisementHe accused Trump of doing "nothing but sit in the White House tweeting" during the 2020 Black Lives Matter protests.
Persons: Donald Trump, Trump, , Mark Fisher, Fisher, Lincoln, he's, he'd, Fisher's, Gary Dantzler, Dantzler, Black, Ron DeSantis, Donald Trump —, DeSantis Organizations: Service, Wednesday, Fox, Trump, Democrat, Providence Journal, BLM, BLM Incorporated, BLM Inc, Foundation, Florida Gov, GOP Locations: Maryland, Florida
U.S. President Joe Biden and Chinese President Xi Jinping at Filoli estate on the sidelines of the Asia-Pacific Economic Cooperation summit in Woodside, California, on Nov. 15, 2023. Kevin Lamarque | ReutersBEIJING — U.S. President Joe Biden's meeting with Chinese President Xi Jinping last week has set a bottom line in the relationship which reduces uncertainty for businesses, analysts said. In conversations with Xi, Biden did not budge on export controls, enacted out of national security concerns. Wedding versus marriageAfter meeting Biden, Xi spoke at a dinner with top U.S. business executives in which he said the fundamental question was whether the two countries are "adversaries or partners." No 'splashy deliverables'Long-standing issues for U.S. business operations in China remain, and deals aren't made overnight.
Persons: Joe Biden, Xi Jinping, Kevin Lamarque, Joe Biden's, Biden, Xi, Wang Dong, Jake Colvin, Gabriel Wildau, interlocutors, Ian Bremmer, Gary Dvorchak, it's, Jin Canrong, Jin, aren't Organizations: Economic Cooperation, Reuters, Reuters BEIJING —, Institute for Global Cooperation, Peking University, D.C, Foreign Trade Council, Summit, U.S, Biden, Eurasia Group, Mastercard, Monday, People's Bank of, Blueshirt Group, School of International Studies, Renmin University of China, Center for American Studies, Max, Boeing Locations: Filoli, Asia, Woodside , California, Reuters BEIJING, Reuters BEIJING — U.S, San Francisco, U.S, China, United States, Washington, Beijing, People's Bank of China, Taiwan
Xi received a standing ovation as he entered the room, and two more before and after he took the stage to speak. "Whatever stage of development it may reach, China will never pursue hegemony or expansion, and will never impose its will on others. China does not seek spheres of influence, and will not fight a cold war or a hot war with anyone," Xi said. China and the U.S. reached an agreement to curb fentanyl production in earlier talks between Xi and Biden. Analysts have said Xi's speech alone is unlikely to dramatically alter U.S. business sentiment about China.
Persons: Xi Jinping, Carlos Barria, Xi, Joe Biden, Biden, Tim Cook, Laurence Fink, Broadcom's, Hock Tan, Ray Dalio, Albert Bourla, Gina Raimondo, Mike Gallagher, Gallagher, Gary Dvorchak, Dvorchak, Michael Martina, Valerie Insinna, Stephen Nellis, Lisa Baertlein, Niket, Ethan Wang, Liz Lee, Stephen Coates Organizations: National Committee, China Relations, China Business Council, Economic Cooperation, REUTERS, Apple, BlackRock, Pfizer, SAN FRANCISCO, U.S, Beijing, Congress, Bridgewater Associates, Commerce, U.S . House, Representatives, Muslim, U.S ., Communist Party, Thomson Locations: Asia, San Francisco , California, U.S, China, United States, San Francisco, Beijing, Washington, China . U.S, Iowa
A smartphone with a displayed Applied Materials logo is placed on a computer motherboard in this illustration taken March 6, 2023. Reuters reported Applied Materials is under U.S. criminal investigation for potentially evading export restrictions on China's top chipmaker SMIC. Santa Clara, California-based Applied Materials, expects first-quarter revenue of $6.47 billion, plus or minus $400 million, higher than analysts' estimates of $6.37 billion, according to LSEG data. Companies focusing on generative AI tools this year has also led to an increase in spending for Applied Materials' equipment. Rival Lam Research (LRCX.O) last month forecast revenue below estimates due to weak memory chip demand, while KLA (KLAC.O) forecast revenue above expectations on growing adoption of AI tools.
Persons: Dado Ruvic, Gary Dickerson, Samrhitha, Shounak Dasgupta Organizations: REUTERS, Reuters, United, Justice and Commerce, Intel, Devices, Materials, Revenue, Lam Research, KLA, Thomson Locations: United States, China, U.S, Santa Clara , California, Bengaluru
While key issues like U.S. sanctions on chip exports remain unresolved, Chinese state media is now striking a different tone, focusing on Xi's smile during past trips to Iowa, fireside chats with its residents, and sharing chocolates with Biden. With official ties still strained, Chinese state media has focused on relations between the people and emphasised the potential for cooperation and importance of the summit for the Asia-Pacific region. Gary Dvorchak, an Iowan considered by Xi an old friend of China, said Xi's fondness for Iowa was genuine but that the Chinese leader also used his ties to the state for propaganda value. “It humanises him and it gives him an ability to show a connection to the American people and bypass the American media,” said Dvorchak. On the Weibo Chinese microblogging site, the most popular hashtag on Thursday still harked back to tension over Taiwan: "China must be and will be reunified."
Persons: Xi Jinping, Carlos Barria, Joe Biden, Xi, Biden, Li Mingjiang, Iowans, Gary Dvorchak, , Dvorchak, Albee Zhang, Michael Martina, Greg Torode, Robert Birsel Organizations: National Committee, China Relations, China Business Council, Economic Cooperation, REUTERS, Rights, U.S, Rajaratnam School of International Studies, Xinhua, Weibo, Thomson Locations: Asia, San Francisco , California, U.S, Rights BEIJING, California, Iowa, Taiwan, China, Singapore, Pacific, Xinhua, Beijing, Washington, Hong Kong
MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) was 0.23% higher, on course for its second straight day of gains. The Japanese yen was at 151.71 per dollar in Asian hours, having touched a one-year low of 151.92 on Monday. Investors are waiting for the U.S. inflation report, due later in the day, after Federal Reserve Chair Jerome Powell and other policymakers said they are still not sure that interest rates are high enough to tame inflation. Japan last intervened in the currency market - selling dollars and buying yen - in October last year. The dollar index , which measures the U.S. currency against six rivals, was up 0.057% at 105.69.
Persons: Shunichi Suzuki, DAX, Jerome Powell, Anderson Alves, Moody's, Fitch, Gary Dugan, YEN, Nicholas Chia, Brent, Ankur Banerjee, Shri Navaratnam Organizations: Japanese Finance, Federal, Reuters, U.S, AAA, Dalma Capital, Standard Chartered, Thomson Locations: SINGAPORE, Asia, Pacific, Japan, China, U.S, New York
MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) was 0.49% higher, while Tokyo's Nikkei (.N225) gained 0.36%. The Japanese yen was at 151.71 per dollar in Asian hours, having touched a one-year low of 151.92 on Monday. The U.S. inflation report, due later in the day, has investors' attention on Tuesday, especially after Federal Reserve Chair Jerome Powell and policymakers have said they are still not sure that interest rates are high enough to tame inflation. YEN WATCH RESUMESThe yen's broad decline has traders back to keeping an eye on whether the Japanese authorities will intervene. The dollar index , which measures the U.S. currency against six rivals, was up 0.057% at 105.69.
Persons: Australia's, Shunichi Suzuki, Jerome Powell, Anderson Alves, HSI, Fitch, Gary Dugan, Dugan, YEN, Nicholas Chia, Brent, Ankur Banerjee, Shri Navaratnam Organizations: Tokyo's Nikkei, Japanese Finance, Federal, Reuters, U.S, AAA, Dalma, Standard Chartered, Thomson Locations: SINGAPORE, Asia, Pacific, Japan, U.S, China, New York
The National Transportation Safety Board's recommendations to combat excessive speeding came after a hearing Tuesday on a January 2022 crash in North Las Vegas, Nevada. The board also discussed pushing states to install active systems that make it harder for a repeat offender to speed, or limit speeding altogether. The seven dead family members ranged in age from 5 to 35 years old and lived in North Las Vegas. Just days before the crash, Robinson pleaded guilty in Las Vegas to speeding, the Review-Journal reported. ___Associated Press Writer Ken Ritter in Las Vegas contributed to this report.
Persons: Michael Graham, Gary Dean Robinson, Robinson, Ken Ritter Organizations: DETROIT, , National Transportation Safety, Dodge Challenger, Traffic Safety Administration, Toyota Sienna, Las Vegas, Associated Locations: North Las Vegas , Nevada, Nevada, North Las Vegas, Las Vegas
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBiden and Xi's upcoming meeting is about 'setting a tone', says Blueshirt's Gary DvorchakGary Dvorchak, Blueshirt Group managing director, joins 'Closing Bell Overtime' to talk Boeing's China deal, President Biden's upcoming meeting with China's Xi and more.
Persons: Biden, Gary Dvorchak Gary Dvorchak, Biden's, China's Xi Organizations: Blueshirt Group Locations: China
Passersby walk past an electric monitor displaying the Japanese yen exchange rate against the U.S. dollar outside a brokerage in Tokyo, Japan October 4, 2023. On Tuesday, the 10-year JGB yield jumped 6.5 basis points to 0.955%, its highest since May. "Markets seem to assume that the ceiling will be lifted by another 50 basis points, but I think the possibility of another doubling (i.e. The dollar index , which measures U.S. currency against six rivals, rose 0.104%. The yield on 10-year Treasury notes was up 1.1 basis points to 4.888%, while the yield on the 30-year Treasury bond was up 0.7 basis points to 5.042%.
Persons: Issei Kato, Nicholas Chia, Chia, Sterling, Hong, HSI, Jerome Powell, Gary Dugan, Brent, Ankur Banerjee, Lincoln Organizations: U.S, REUTERS, Rights, Bank of, Nikkei, Standard Chartered, Japan's Nikkei, U.S . Federal Reserve, Bank of England, BOJ, Federal Open Markets, Dalma, Federal Reserve, Treasury Department, Thomson Locations: Tokyo, Japan, Rights SINGAPORE, Asia, Pacific, Shanghai, U.S, Singapore
MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) was 0.28% lower at 473.37, having touched 472.73 - the lowest since November 2022. China shares remained under pressure, with the Shanghai Composite Index (.SSEC) 0.32% higher, while Hong Kong's Hang Seng Index (.HSI) slid 0.5%. China's blue-chip CSI300 Index (.CSI300) was 0.2% higher after closing at its lowest level in 4-1/2 years on Monday. The dollar index was 0.038% lower at 105.56. The Japanese currency was last at 149.62 per dollar, having hit the symbolic 150 level on both Friday and Monday.
Persons: Tyrone Siu, Hong, Gary Dugan, bitcoin, Chris Weston, Jamie Freed Organizations: REUTERS, Rights, U.S . Federal Reserve, Nikkei, Shanghai, Dalma, Microsoft, Facebook, U.S . Commerce Department, Treasury, West Texas, Brent, Thomson Locations: Exchange, Hong Kong, China, Rights SINGAPORE, Asia, Israel, Pacific, Japan, Britain, France, United States
"The Burial" stars Jamie Foxx as real-life lawyer Willie Gary, who won a $500 million case in 1995. Elliott isn't the only ex-client of Willie Gary and his firm, Gary Williams Parenti Watson & Gary, to be angry about how she was treated. Lawyer Willie Gary poses for a selfie with a guest at a screening of "The Burial." Attorney Willie Gary and his client Don King speaking to the press in 2005. She has so far managed to seize $102,000 from an account the Gary firm had with Truist.
Persons: Jamie Foxx, Willie Gary, Gary —, , Gary, Ernestine Elliott, Ford —, Elliott, Elliott isn't, Gary Williams Parenti Watson, Tommy Lee Jones, Luisa Esposito, Grant Halverson, Willie Gary's, Willie, couldn't, Jeremiah O'Keefe, O'Keefe, Loewen couldn't, Loewen, Gary Parenti, Don King, Jim McIsaac, Ford, schemed, he'd, Gary's cocounsels, Lawrence Fox, Fox, Bruce Green, Green, Gary didn't, Sharron Mangum, Mr, Mangum, Marietta Goodman, Coke, Jillian Nedd, Nedd, Ardria Clark, Tamesha Marshall, Pharr, Clark, Marshall, Ray Rogers, He's, leafleted, Rogers, Willie Lewis, Troy Fulks Jr, Fulks, Lewis, Esposito, she'd, didn't, Justice II, hasn't, Gary's, Debra Sweeting, it's, Sweeting, we're, Variety Organizations: Service, Disney, Nissan, Hollywood, reneging, Gary Parenti Facebook, Anheuser, Busch, Yorker, Group, New Yorker, Fordham, Cola, Coke, FBI, Gary, Florida Bar Association, Palm Beach Post, Florida Power, dimes, Finance Group, Wings, Justice, Boeing, Gary Foundation Locations: Georgia, Florida, Mississippi, New York City, New York, Palm Beach, Flint , Michigan, disbursements
Coca-Cola y3000 is a new, limited edition flavor that promises to transport your taste buds into the next millennium. I was surprised that I liked Zero Sugar better. The Zero Sugar has zero calories and contains aspartame. AdvertisementAdvertisementOn the first sip, I struggled to tell the difference between Coca-Cola Y3000 and regular Coke. One thing that surprised me is that I enjoyed the Zero Sugar version more.
Persons: Oana Vlad, Coca, Haley Tenore Organizations: Service, Cola Locations: Wall, Silicon
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChinese IPOs are one of many things indicating 'thawing' between U.S. & China: Gary DvorchakGary Dvorchak, Blueshirt Group Managing Director, joins 'Closing Bell Overtime' to talk the U.S. Commerce Secretary Gina Raimondo traveling to China, the Chinese economy and more.
Persons: Gary Dvorchak Gary Dvorchak, Gina Raimondo Organizations: China, . Commerce Locations: China
The nurse practitioner on duty that day was employed by Corizon Health, Inc., one of the nation's largest private prison healthcare providers. Under federal law, a bankruptcy judge may respond to evidence of self-dealing or perjury by appointing a trustee to take control of the bankrupt company, bankruptcy experts told Insider. Just six months before the Garcia family was scheduled to have their day in court, Corizon filed for bankruptcy. "The Corizon bankruptcy is presently in a court ordered mediation, and we are seeking a global resolution for all the parties involved." Goldberger's attorney, Joseph Haspel, responded to queries with a statement saying that "Mr. Goldberger is a passive investor" in Corizon, Tehum, YesCare, Perigrove, and Perigrove 1018.
Persons: Hector Garcia, Garcia, wriggling, Adria Malcom, Corizon, Bryan Baker, , Doña Ana, Corizon ., Garcia's, Daniel Jimenez, Gina Macias, Belen Lowery, Hector Garcia , Jr, it's, Johnson, Tehum, Sen, Elizabeth Warren, I've, Isaac Lefkowitz, James Hyman, YesCare, Lefkowitz, Ian Cross, Lynn LoPucki, Tracey Grissom, William Kelly, Kelly, Hector Garcia Jr, Hector Jr, Ricky, he'd, Hector Garcia's, Ana County , New Mexico Hector Jr, Matt Coyte, Coyte, Hyman, didn't, Sara Tirschwell, Kholood, Tirschwell, Jason S, Ana County, Nick Tomecek, Christopher Atkinson, Wendy McGee, McGee, Stephanie Kiger, Anita Skipper, Atkinson, He's, Simche Steinberger, England, Steinberger's, Steinberger, Michael Flacks, Sylvia Jarrus, Cross, he's, David Gefner, Abraham Goldberger, Gefner, Perigrove, Terrence A, they'd, Oved, Goldberger, CHS Dana Anna, Flacks, Moneyman, Joel Landau, Joseph Haspel, Haspel, Andrew Levander, Landau, James Hyman's, It's, Genesis, David Harrington, Bill de Blasio, there'd, Hindenburg, David Paterson, Mark Roe, availing, Dick Durbin, Gefner . Lefkowitz, Tirschwell —, Davidson Kempner, Tim Hunter, Tirschwell's, catastrophically, Tirschwell's playbook, Jeff Sholey, Sholey, Steven Storch, Daniel's Organizations: Detention, Insider, Corizon Health, Inc, Housing, University of Missouri Health Care, Arizona Department of Corrections, Rehabilitation, Senate Banking Committee, Court, Middle, University of Florida, Alabama, futon, Health Services, New, Arizona, BlueMountain Capital Management, Flacks, Revenue, Corizon, New York Times, Tehum Care Services, CHS, YesCare Holdings, Okaloosa, Wyoming Department of Corrections, University of West, YesCare, Public, Alabama Department of Corrections, . Alabama Department of Corrections, Tehum, US, University of Missouri, LinkedIn, Flacks Group, Consulate Health Care, Justice Department, YesCare Corp, United Staffing Solutions, Charlotte, CHS Okaloosa, United, Solutions, Pharmacorr, Trade Center, Securities and Exchange Commission, Hindenburg Research, Alabama Department, Corrections, Geneva Consulting, Genesis Healthcare, Trade, Geneva, New York Stock Exchange, Pinta Capital Partners, The, Pinta Capital, New York Gov, Staffing Solutions, DG Realty, Harvard Law School, ACLU, Public Justice, Lawyers, Seven Trade, World Trade, Gefner, Southern, Southern District of Texas, The Alabama Department of Corrections, Southern Poverty Law Center, Medicare, Services, Quest Turnaround Advisors, New York City, Republican, city's Campaign Finance, CFB, Campaign Finance, Finance Locations: Ana, Las Cruces , New Mexico, facility's, Doña, Jimenez's, Las Cruces, Houston, New, Rockland County, Texas, Middle District, Tennessee, Michigan, Virginia, New York, Oregon, Idaho, New Mexico, Ana County , New Mexico, Corizon, Florida, New York City, A, York, Nashville, Missouri, Brentwood , Tennessee, Delaware, Okaloosa, Florida's panhandle, Okaloosa County, Okaloosa County , Florida, University of West Florida, YesCare, Wyoming, Shawnee County , Kansas, Bernalillo County , New Mexico, Tehum, Perigrove, Suffern, Brooklyn, America, Manhattan, Suffern , New York, Geneva, nonpayment, United States, Rivington, Alabama, Southern District, Wexford, Maine, Corizon's Texas, Mexico, Tirschwell's, YesCare Corp
REUTERS/Dado Ruvic/Illustration/file photo Acquire Licensing RightsAug 17 (Reuters) - Semiconductor equipment maker Applied Materials (AMAT.O) on Thursday forecast its fourth-quarter profit would be substantially higher than analyst estimates, as chip demand picks up and governments spend billions on subsidies. Applied reported third-quarter revenue of $6.43 billion, beating analysts' average estimate of $6.16 billion, according to Refinitiv data. Applied finance chief Brice Hill said that despite overall lower chip equipment spending this year, the company's services business would continue to grow. For its company's semiconductor systems unit, which supplies gear to chip makers, third-quarter revenue slipped roughly 1% to $4.68 billion. Samsung Electronics (005930.KS), Taiwan Semiconductor Manufacturing Co (2330.TW), and Intel Corp (INTC.O) use the company's advanced chip production tools.
Persons: Dado Ruvic, Gary Dickerson, Brice Hill, Jaspreet Singh, Max A, Shinjini Ganguli, David Gregorio, Jamie Freed Organizations: REUTERS, Semiconductor, Applied, Lam Research, KLA, Samsung Electronics, Taiwan Semiconductor Manufacturing, Intel Corp, Thomson Locations: Santa Clara , California, China, Bengaluru, Max, San Francisco
Dollar creeps higher ahead of U.S., China economic data
  + stars: | 2023-08-08 | by ( ) www.cnbc.com   time to read: +3 min
The dollar inched higher on Tuesday but traded in a narrow range as investors were hesitant to take on new positions ahead of a key U.S. inflation reading this week, while focus in Asia turned to China's trade data out later in the day. The trade figures come a day ahead of the country's inflation reading, with markets on the lookout for further signs of deflation in the world's second-largest economy. Ahead of the data release, the offshore yuan was little changed at 7.2039 per dollar. The Aussie slipped 0.05% to $0.6571, while the kiwi fell 0.08% to $0.6102. "With the (Federal Reserve's) interest rate policymaking remaining data dependent, every data point has been eliciting an even higher level of vigilance," said Gary Dugan, chief investment officer at Dalma Capital.
Persons: Carol Kong, Sterling, Gary Dugan Organizations: New, Commonwealth Bank of Australia, Aussie, U.S, ANZ, Dalma Locations: U.S, Asia, New Zealand
Dollar creeps higher ahead of US, China economic data
  + stars: | 2023-08-08 | by ( Rae Wee | ) www.reuters.com   time to read: +3 min
The trade figures come a day ahead of the country's inflation reading, with markets on the lookout for further signs of deflation in the world's second-largest economy. Ahead of the data release, the offshore yuan was little changed at 7.2039 per dollar. The Aussie slipped 0.05% to $0.6571, while the kiwi fell 0.08% to $0.6102. "This week's economic data ... will continue to paint a picture of a weak Chinese economic recovery," said Carol Kong, a currency strategist at Commonwealth Bank of Australia. "With the (Federal Reserve's) interest rate policymaking remaining data dependent, every data point has been eliciting an even higher level of vigilance," said Gary Dugan, chief investment officer at Dalma Capital.
Persons: Jo Yong, Carol Kong, Sterling, Gary Dugan, Rae Wee, Sam Holmes Organizations: Korea Exchange Bank, REUTERS, New, Commonwealth Bank of Australia, Aussie, U.S, ANZ, Dalma, Thomson Locations: Seoul, SINGAPORE, U.S, Asia, New Zealand
Morocco players celebrate after advancing to the knock out stage of the Women's World Cup. Her impact on the Moroccan women’s team has been equally dazzling. Chebbak’s legend has only grown this summer in leading the Atlas Lionesses at their first ever World Cup. Frustrated with the lack of women’s soccer, Illa and a few friends set up a team of their own. Nouhaila Benzina, pictured alongside FIFA President Gianni Infantino, has become a history maker during the Women's World Cup.
Persons: Ghizlane Chebbak, Mohammed VI, King, Chebbak, , Prince Moulay Abdallah, King Mohammed VI, Cheebak, Khadija Illa, , Alex Grimm, Larbi Chebbak, Ghizlane, didn’t, Misr El, Paul Kane, ” Chebbak, , Hakimi, Hakim Ziyech, Morocco’s, Morocco's, Reynald Pedros, Gary Day, Illa, Colin Murty, Fouzi Lekjaa, Nouhaila, Gianni Infantino, Harold Cunningham Organizations: CNN, of Nations, Morocco women’s, National Women’s Football League, FIFA, Moroccan, Rabat’s AS, AS, CAF Champions League, Confederation of African Football, South, Chebbak, Getty, Royal Moroccan Football Federation, Women’s Football League, CAF Women’s Champions League Locations: Morocco, South Africa, Sahara, Egypt, Germany, South Korea, Colombia, France, Laâyoune, Rabat, soccer, AFP, Moroccan
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