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☆ NBC hires former RNC chair Ronna McDaniel, who has demonized the press and refused to acknowledge Biden was fairly elected
▼ + stars: | 2024-03-22 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

In her role as RNC chief, McDaniel also fanned the flames of election denialism after the 2020 presidential contest. McDaniel told the officials, regarding the certification: “Do not sign it. I don’t think that’s election denying,” McDaniel told Wallace. We have every right to look at that.”In the interview, Wallace pressed McDaniel if she believed Biden legitimately won the election. Ultimately, he won the election but there were lots of problems with the 2020 election,” she said.

Persons: Ronna McDaniel, ” Carrie Budoff Brown, McDaniel, Donald Trump, Richard Engel, “, he’s, ” McDaniel, ”, Joe Biden, CNN’s Chris Wallace, Wallace, “ I’m, I’m, That’s, that’s, Biden, peddle, Trump’s, Rachel Maddow Organizations: CNN, NBC, Republican National, NBC News, RNC, MSNBC, NBC News ’, ” The Michigan Department, Michigan, Trump, Republican, CNBC Locations: Michigan, Detroit, Wayne County

☆ How to trade this energy play attempting a turnaround as oil tops $80
▼ + stars: | 2024-03-20 | by ( Tony Zhang | ) www.cnbc.com time to read: +3 min

As oil prices climb above $80 for the first time since late last year, energy stocks are roaring back with strength across multiple timeframes. As we review the energy sector, SLB stands out as a stock where value can be unlocked by the current environment. Despite a record year in 2023, SLB (SLB) traded lower this year on the back of geopolitical factors. As we evaluate the business, we know that SLB is the largest services and equipment provider for oil and gas exploration. The trade Despite implied volatility on SLB at the very bottom of its 52-week range, I still believe that the best trade structure for this trade would be buying a call vertical.

Persons: SLB, I'm

☆ Gucci owner Kering tanks 14% after Asia profit warning, dragging down Europe luxury brands
▼ + stars: | 2024-03-20 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

A Gucci store at Harbour City shopping mall, operated by Wharf Holdings Ltd., in Hong Kong, China, on Friday, June 2, 2023. Shares of French luxury group Kering plunged 14% on Tuesday after the company warned that Gucci sales look set to fall 20% year-on-year in the first quarter, amid declining Asia transactions. Kering plunged to the bottom of the Stoxx 600 after a delayed open, dragging other European luxury lines with it. Gucci comparable revenues in the first quarter are expected to be down by nearly 20% year on year." The slowdown is expected to derive primarily from Asia — and chiefly from China, whose economy has been struggling.

Persons: Gucci, Kering, Christian Dior, Hermes, Burberry Organizations: Wharf Holdings Ltd, Gucci, Asia — Locations: Harbour City, Hong Kong, China, Asia, London, Pacific

☆ Dry January spurred record non-alcoholic drink sales at Soho House
▼ + stars: | 2024-03-19 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

On Friday, the head of the exclusive hotel and social club chain Soho House said the company saw a record rise in non-alcoholic drink sales during this year's Dry January. "What we also saw in January was a much bigger spike in non-alcoholic beverage consumption, much more than we've ever seen before," said Andrew Carnie, the chief executive officer of Soho House, on the company's earnings call. The Soho House brand has long prided itself on being associated with all things cool and en vogue — and the low-to-no booze trend is no exception. Millennials are the most interested in non-alcoholic drinks, compared with older and younger peers, per ISWR. UK bar revenues in January were down 11.5% compared with the same period in 2023, according to market researcher CGA.

Persons: —, Andrew Carnie, Blake Lively, Katy Perry, Bella Hadid Organizations: Service, Soho, Business, Soho House, Guardian, British Locations: Soho, London, Bangkok, Moscow

NEW YORK (AP) — Garden centers enjoyed a pandemic boom, particularly with millennials, as people looked for outdoor activities during lockdowns. To regain the sales momentum, garden centers must navigate a number of challenges as another spring season kicks in. At Flowercraft Garden Center, a San Francisco garden center that is in its 50th year of operation, houseplants, vegetable starter plants and citrus trees are selling well, said general manager Lydia Patubo. That was good for an area suffering from a yearslong drought, but bad for garden center business. Even though his sales have plateaued since the pandemic, he feels the 34-year-old garden center is in a good spot.

Persons: Danny Summers, Summers, That’s, ”, Lydia Patubo, Patubo, San Francisco, ” Patubo, Chris Cordrey, “, ” Cordray, hasn’t, Kat McGraw, ” McGraw Organizations: Survey, The Garden Center Group, Garden, ”, East Coast Garden, National, Administration, Co, Atlanta, “ Locations: U.S, San Francisco, San, California, Millsboro , Delaware, Chattanooga , Tennessee, Nashville, Tennessee

☆ Earth on the brink of key warming threshold after year of ‘chart-busting’ extremes, researchers say
▼ + stars: | 2024-03-19 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +1 min

A wind change increased flames during a planned ignition on the Ross Moore Lake wildfire in Kamloops, British Columbia, Canada, on July 28, 2023. A series of climate records last year gave new meaning to the phrase "off the charts," the U.N.'s weather agency said on Tuesday, warning that the planet is now on the brink of surpassing a key warming threshold. It confirmed 2023 as the hottest year on record and said the period from 2014 to 2023 also reflected the hottest 10-year period on record. The global average temperature in 2023 stood at 1.45 degrees Celsius above pre-industrial levels, researchers said, marginally below the key warming threshold of 1.5 degrees Celsius. The 1.5 degrees Celsius level is widely recognized as an indicator of when climate impacts become increasingly harmful to people and the planet, as outlined in the landmark Paris Agreement.

Persons: Ross Organizations: State, World Meteorological Organization, WMO Locations: Kamloops , British Columbia, Canada, Paris

☆ Top U.S. congressional Republican and Democrat say a deal has been reached on spending
▼ + stars: | 2024-03-19 | by ( ) www.cnbc.com time to read: +2 min

Republican House Speaker Mike Johnson and Democratic Senate Majority Leader Chuck Schumer revealed the agreement in a pair of statements on Tuesday morning. The actual legislative text of the agreement, which must be finalized before lawmakers can vote on it, is still being completed. The package was expected to cover about three-quarters of discretionary government spending, due to come in at about $1.66 trillion for the fiscal year ending Sept. 30. Biden and House Republicans earlier this month laid out proposed budgets for the next fiscal year, which begins in October, that offered sharply contrasting priorities. Democrats and Republicans in Congress have been fighting since early last year on funding levels amid a push by hardline House Republicans to cut more spending than had been agreed to in a bipartisan deal enacted into law last June.

Persons: Charles Schumer, Mike Johnson, Joe Biden, Donald Trump, Chuck Schumer, Biden, Johnson Organizations: U.S, Capitol, Republican, Democrat, Congress, Department of Homeland Security, Democratic, U.S ., House Republicans, Russia, Republicans Locations: U.S, Mexico, Ukraine

☆ Step aside Nvidia, this global supercomputing stock is up 95% this year — and it's betting big on AI
▼ + stars: | 2024-03-18 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

ParTec , a developer of supercomputing systems, has surged over 95% year-to-date as investors have started to take notice of its potential. Hendrik Leber, fund manager at Acatis Datini Valueflex Fonds, owns ParTec shares and says he sees the company as a "very clear" investment opportunity. While competitors like Hewlett Packard can also bid on supercomputing projects, Lago Mascato said ParTec's middleware gives them a "unique selling point." Due to the thin trading volumes, Leber noted that even a 2 million euro stock placement took about a month to complete. Future opportunities with AI ParTec sees significant opportunities beyond traditional supercomputing by providing systems tailored to train large AI models.

Persons: Hendrik Leber, ParTec, Leber, Miguel Lago, Montega, Lago Mascato, Hewlett Packard, Bernhard Frohwitter, Frohwitter Organizations: supercomputing, Frankfurt Stock Exchange, Karlsruhe Institute of Technology, Valueflex Fonds, CNBC Pro Locations: Germany, Valueflex, Europe, physicals

Germany’s DAX added 0.1% to 17,959.35 and the FTSE 100 in London edged 0.1% higher to 7,731.73. Markets are awaiting a decision by the Bank of Japan on Tuesday on whether to raise its benchmark interest rate for the first time in 17 years. The Hang Seng in Hong Kong edged 0.1% higher to 16,737.12, and the Shanghai Composite index gained 1% to 3,084.93. Elsewhere, Australia’s S&P/ASX 200 edged 0.1% higher to 7,675.80, and the Kospi in South Korea advanced 0.7%, to 2,685.84. A report on consumer prices last week showed inflation remains stubborn, ticking up to 3.2% in February from 3.1% in January.

Persons: Germany’s DAX, Australia’s Organizations: Japan’s, Federal Reserve, CAC, Dow Jones, Nikkei, Bank of Japan, Honda Motor, Dongfeng Motor, Nasdaq, Software, Adobe, Microsoft, Broadcom, Google, University of Michigan, Fed, Traders, CME Group, New York Mercantile Exchange, Brent, U.S Locations: HONG KONG, London, Paris, Tokyo, Hong Kong, Shanghai, China, South Korea, India, Bangkok, U.S

☆ 24% of Republicans say presidents shouldn't be held accountable for crimes they commit while in office: poll
▼ + stars: | 2024-03-18 | by ( Madison Hall | ) www.businessinsider.com time to read: +1 min

24% of surveyed Republicans said presidents should be immune to crimes committed in office. The Supreme Court is set to hear arguments on presidential immunity at the end of April. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAs the Supreme Court prepares to hear on the matter in April, about a quarter of surveyed Republican adults said that presidents shouldn't be accountable for crimes they commit while in office. This story is available exclusively to Business Insider subscribers.

Persons: —, shouldn't, Donald Trump Organizations: Service, Ipsos, Politico Magazine, Business

☆ I'm 40, unmarried, and not looking for anyone's sympathy
▼ + stars: | 2024-03-18 | by ( Christina Pensa | ) www.businessinsider.com time to read: +6 min

She wants to make it clear that many women are thrilled to be single and happily choose to stay so. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . I'm already feeling juvenile compared to the family photos, #1 Dad mug, and framed accomplishments displayed around his office. Women get asked loaded questionsI recently turned 40 and have called New York City home for the better part of my adult life. AdvertisementThe author wants to see the narrative change after women say they're not married.

Persons: Christina Pensa, —, wasn't, I'm, they're, Christina, I'd Organizations: Service, New York City, Center, Psychology Locations: New York City, Manhattan, New York, Patagonia

☆ I'm in my late 30s, unmarried, and not looking for anyone's sympathy
▼ + stars: | 2024-03-18 | by ( Christina Pensa | ) www.businessinsider.com time to read: +6 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. I wasn't prepared, however, for the covert line of questioning into my personal life. Glancing at the top of my résumé, my interviewer made note of the Manhattan neighborhood I lived in. I'm already feeling juvenile compared to the family photos, #1 Dad mug, and framed accomplishments displayed around his office. AdvertisementThe author wants to see the narrative change after women say they're not married.

Persons: —, wasn't, I'm, they're, Christina Pensa, Christina, I'd Organizations: Service, Business, New York City, Center, Psychology Locations: Manhattan, New York, Patagonia

☆ China kicks off the year on strong note as retail, industrial data tops expectations
▼ + stars: | 2024-03-18 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

Retail sales rose 5.5%, better than the 5.2% increase forecast in a Reuters poll, while industrial production climbed 7%, compared with estimates of 5% growth. Investment into real estate fell by 9% in the first two months of the year from a year ago. National Bureau of Statistics Spokesperson Liu Aihua said that real estate remains in a period of "adjustment," according to a CNBC translation of his statement in Mandarin. New loans in February missed expectations and fell from the prior month, "even after adjusting for seasonality," Goldman Sachs analysts said in a report Friday. Chinese authorities did not reveal significant new support for the massive real estate sector during an annual parliamentary meeting that ended last week.

Persons: Liu Aihua, Liu, Ting Lu, Goldman Sachs, Pan Gongsheng, Goldman Organizations: Pudong New, Investment, National Bureau of, CNBC, China, People's Bank of China, Reuters Locations: Dongyu, Qiantan, Pudong, Pudong New Area, Shanghai, China, BEIJING, Real, Beijing

☆ European stocks set to open slightly higher as markets look ahead to Fed meeting
▼ + stars: | 2024-03-18 | by ( Holly Ellyatt | ) www.cnbc.com time to read: 1 min

European markets are heading for a lackluster start to the new trading week, with global investors looking ahead to the next monetary policy meeting of the U.S. Federal Reserve. The Fed will start its Federal Open Market Committee meeting on Tuesday with a police decision due the next day. A Reuters poll of economists is expecting the Fed to hold its benchmark interest rates steady at 5.25% to 5.5%. Overnight, Japan's Nikkei 225 index led gains in Asia-Pacific markets on Monday, while China shares extended gains after data showed its economy kicked off the year on a strong note. U.S. stock futures climbed on Monday morning.

Organizations: U.S . Federal Reserve, Open, Nikkei Locations: Asia, Pacific, China

HONG KONG (AP) — Asian stocks advanced Monday ahead of policy decisions this week by Japan’s central bank and the Federal Reserve. Markets are awaiting a decision by the Bank of Japan on Tuesday on whether to raise its benchmark interest rate for the first time in 17 years. A report on consumer prices last week showed inflation remains stubborn, ticking up to 3.2% in February from 3.1% in January. Another report on prices at the wholesale level also showed inflation remains hotter than Wall Street expected. The Fed's main rate remains at its highest level since 2001.

Persons: Australia’s Organizations: Japan’s, Federal Reserve, Nikkei, Bank of Japan, Dow Jones, Nasdaq, Technology, Software, Adobe, Microsoft, Broadcom, Google, University of Michigan, Fed, Traders, CME Group, New York Mercantile Exchange, Brent, U.S Locations: HONG KONG, Tokyo, Hong Kong, Shanghai, South Korea, India, Bangkok, U.S

☆ When a Gen Zer studied in Milan, he met a best friend online to combat loneliness. They still maintain a friendship despite living in different continents.
▼ + stars: | 2024-03-17 | by ( Allie Kelly | ) www.businessinsider.com time to read: +5 min

Nick Portello (left) and Michele Gandolfi (right) maintain their international friendship over social media. Portello loved getting to experience Milan from a local's perspective, and Gandolfi appreciated doing new activities in his home city. "It's different living as a queer person in Italy, in a big town like Milan, or in New York like Nick." Portello said his experience meeting Gandolfi has encouraged him to reach out to new people and continue building real friendships on social media. Are you a Gen Zer who met friends online or maintain a long-distance friendship?

Persons: —, Nick Portello, Michele, Mycah, We've, Zers, Michele Gandolfi, Portello, Gandolfi, Milan, — he's, It's, Nick, Zer Organizations: Service, Business Locations: Italy, Milan, Reddit, American, That's, New York, Stockholm, London, Europe

☆ The creators of '3 Body Problem' offered Barack Obama a cameo after learning he was a big fan. He turned it down in the best way possible.
▼ + stars: | 2024-03-17 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +3 min

Barack Obama turned down an offer to appear on Netflix's new sci-fi series "3 Body Problem." Creators David Benioff and DB Weiss tried to get him for a cameo as he is a fan of the novel. AdvertisementJin Cheng (Jess Hong) and Jack Rooney (John Bradley) star in "3 Body Problem." "3 Body Problem" is the most ambitious project from Benioff and Weiss since "Game of Thrones" wrapped with its eighth season in 2019. AdvertisementPer USA Today, Obama hasn't put in a request to check out "3 Body Problem" early.

Persons: Barack Obama, David Benioff, DB Weiss, —, Alexander Woo, John Bradley, Liam Cunningham, Eiza González, Benedict Wong, Jonathan Pryce, Benioff, Weiss, Jin Cheng, Jess Hong, Jack Rooney, Ed Miller, Obama, Liu Cixin, Barack Obama Spencer Platt, Obama hasn't Organizations: Service, Netflix, USA, The New York Times Locations: Benioff

☆ I loved my company but still felt bored and uninspired at work. I carefully planned my next steps and found my dream job.
▼ + stars: | 2024-03-17 | by ( Kelli Thompson | ) www.businessinsider.com time to read: +5 min

I worked at a bank for years and loved the company, but my work often left me bored and uninspired. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Part of this meant paying attention to my energy levels and grouping my "work tasks" into one of three energy categories: energy suckers, energy stallers, and energy surgers. Because the job was such a great fit, I ended up earning salary increases quickly, which turned a pay cut into a pay raise. I'm glad I didn't give in to my rust out and instead worked on a plan that led me to my dream job.

Persons: —, I'd, Rust, they'd Organizations: Service, Training, Energy

☆ US Marines don skis in joint NATO exercises in the critical Arctic battleground
▼ + stars: | 2024-03-17 | by ( Cameron Manley | ) www.businessinsider.com time to read: +7 min

Last month, II MEF attended a 10-day training course in the hills near the Norwegian town of Setermoen. "I think that's one of the things that we see with our marines and sailors in this training," said II MEF commander, Lt. AdvertisementThe II MEF, the US military's rapid response group, was ordered to delay the hypothetical enemy so that "reinforcements" had time to arrive. The Arctic is a key locationThe Arctic itself is already a critical region for Russia and NATO. AdvertisementPutin has snapped back at the West following French President Emmanuel Macron's suggestions that NATO could send troops to Ukraine.

Persons: —, Ted Driscoll, David A, JONATHAN NACKSTRAND, Grant Schapps, Pål Jonson, Mark Stephens, Vladimir Putin, Putin, Emmanuel Macron's, Sergei Naryshkin, General Carl, Johan Edstrom, it's Organizations: Service, US Marines, Marine Expeditionary Force, NATO, Marines, Business, NBC News, Nato Nordic, Getty, Reuters, NBC, Norwegian Communication Authority, Brookings Institution, Russia's Foreign Intelligence Service, BBC Locations: Alaska, Norway, Norwegian, Setermoen, Iraq, Afghanistan, AFP, Russia, Ukraine, Finland, Sweden, North America, Europe, Russian

☆ A longevity doctor shares 5 simple things she does to try to live longer
▼ + stars: | 2024-03-16 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +5 min

Dr. Florence Comite is a precision medicine doctor whose focus is helping her patients live longer. AdvertisementA precision medicine doctor shared the five simple things she does to try to live longer with Business Insider. Comite does resistance training, such as lifting weights, twice a week. Comite told BI that within six months of taking astragalus, her eyesight improved and she no longer needs reading glasses. AdvertisementThe National Center for Complementary and Integrative Health warns that taking astragalus orally might have the following side effects: rash, itching, nasal symptoms, and stomach discomfort.

Persons: —, Bryan Johnson, it's, Florence Comite, You've Organizations: Florence Comite, Service, Business, Comite Center, Precision Medicine & Health, World Health Organization, National Center, Integrative Health, Comite, Yale, Center Locations: Florence, York, Mount Sinai

☆ Opinion: Is the US on the brink of another civil war?
▼ + stars: | 2024-03-16 | by ( Opinion Bruce Hoffman | Jacob Ware | ) edition.cnn.com time to read: +11 min

The most dismal assessment, though, is that of Canadian journalist Stephen Marche who, in his 2022 book, The Next Civil War: Dispatches form the American Future, contends that a new American civil war is inevitable. Remember that the United States leads the world — by far — in the number of firearms in private hands. There are an estimated 393 million privately held firearms in the United States — more than one gun per person. In fact, there are more civilian-held guns in the United States than the other top 25 countries in the world combined. Indeed, more guns were purchased in the United States in 2020 — nearly 23 million — than any other year on record.

Persons: Bruce Hoffman, Jacob Ware, Donald Trump, Biden, … ” Bruce Hoffman Michael Lionstar, Barbara F, Walter, ” Jacob Ware Jacob Ware Accelerationism, Barack Obama, Steven Simon, Jonathan Stevenson, “, ”, Stephen Marche, —, Simon, Stevenson, Bois —, Timothy McVeigh, Richard Haass, ” Haass, ” Robert Miles Organizations: of Foreign Relations, Georgetown University, DeSales University, . Press, CNN, Department of Homeland Security, Oklahoma City, National Security, University of Maryland’s Center for Democracy, Washington Post, University of Maryland, “, Capitol, ”, Survey, Foreign, Irish Republican Army, IRA Locations: America ”, Columbia, Texas, Western, America, Northern Ireland, United States, Switzerland, Northern, Ireland

☆ Standing Up to China, Philippine Leader Courts New Network of Partners
▼ + stars: | 2024-03-16 | by ( Sui-Lee Wee | Camille Elemia | ) www.nytimes.com time to read: +1 min

With China aggressively asserting its claims on the South China Sea, President Ferdinand R. Marcos Jr. of the Philippines spent his first year on the job beefing up Manila’s alliance with its oldest ally, the United States. Mr. Marcos is adding a new intensity to his muscular foreign policy at a critical moment in his country’s territorial dispute with Beijing. In January, Mr. Marcos and the leaders of Vietnam, another country fighting off Chinese claims to the crucial waterway, pledged closer cooperation between their coast guards. This month, Mr. Marcos clinched a maritime cooperation deal with Australia. “It has to be recognized that the South China Sea handles 60 percent of the trade of the entire world.

Persons: Ferdinand R, Marcos Jr, Marcos, it’s, Mr Organizations: Maritime, Australia, South China, ASEAN, Association of Southeast Asian Nations Locations: China, Philippines, United States, Beijing, Vietnam, Europe, South, Berlin

☆ Beyoncé's country songs are bringing new listeners to the genre, boosting streams for Black artists
▼ + stars: | 2024-03-16 | by ( Micah Washington | ) www.cnbc.com time to read: +8 min

While some music critics praised Knowles' country tracks, other fans of the genre refrained from a warm welcome. Beyond just radio, Black artists and artists of color represented less than 4% of country songs played on the radio, airplay, charting songs, artists signed to major labels and award nominations, according to SongData. One such fan, Tenley Patterson, 26, said she didn't bother listening to country music before Beyoncé's releases, but was impressed with the country tracks. Rachel Whitney, head of editorial for the Nashville team, said playlists outside of the country genre are playing Knowles' country tracks, broadening its reach. The Beyoncé draw is also boosting exposure for other artists on some lists, like Lainey Wilson and Cody Johnson, who have more "traditional" country songs, Whitney said.

Persons: Beyonce, James Devaney, Cowboy Carter, Beyoncé Knowles, Tanner Adell, Mickey Guyton, Reyna Roberts, Knowles, Alice Randall, Randall, —, Rhiannon Giddens, hasn't, Jocelyn Neal, Maren Morris, Luke Combs, Kacey, Lil Nas, Nas X, Tim Mosenfelder, Neal, Knowles —, Taylor Swift, Beyoncé, George Bush, Tenley Patterson, I've, Patterson, It's, there's, Z, Rachel Whitney, Lainey Wilson, Cody Johnson, Whitney, Kevin Mazur Organizations: Scott, New York, Spotify, The New York Times, Radio, University of North, NBC, Houston, CMA, Republican, Nashville, Crypto.com Arena, The Recording Academy Locations: Brooklyn, New, New York City, U.S, Texas, an Oklahoma, University of North Carolina, San Francisco , California, Iraq, Los Angeles , California

☆ One year since the collapse of Credit Suisse
▼ + stars: | 2024-03-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOne year since the collapse of Credit SuisseCNBC's Steve Sedgwick takes us through the final death throes of Credit Suisse, one year on from its collapse.

Persons: Steve Sedgwick Organizations: Suisse

☆ UBS reveals its most and least preferred semiconductor names, giving one 70% upside
▼ + stars: | 2024-03-15 | by ( Weizhen Tan | ) www.cnbc.com time to read: +1 min

Semiconductor stocks got a lift from the rising tide of artificial intelligence. The divergence between semiconductor stocks that are doing well and those that aren't is becoming starker, UBS said. It's "increasingly hard to place all semiconductor stocks in one single bucket," UBS said in a March 5 note. "The performance divergence between semiconductor stocks has been strong [year-to-date] and warrants attention," it added. UBS said while one group of stocks has "significantly" outperformed — artificial intelligence-related semiconductor stocks and semiconductor capital equipment stocks (excluding China) — another group has "materially trailed" — analog and microcontroller semiconductor companies.

Persons: It's Organizations: PHLX Semiconductor, UBS Locations: China

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