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Month: January 2023

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  • GlobalFoundries: A Re-Shoring Winner In A Sea Of Sour Semi Stocks

GlobalFoundries: A Re-Shoring Winner In A Sea Of Sour Semi Stocks

[ad_1] sankai Mentions of “re-shoring” have been skyrocketing on earnings conference calls over the last year-plus. The notion of relegating supply chain and sourcing activities to volatile and politically unstable…

Recession bound, Yellen restarts talks with China, BOJ, oil higher, gold holds $1900, bitcoin weakens

[ad_1] US stocks declined after traders digested softer economic readings that are starting to raise growth concerns. ​ The ‘bad news is good news’ rally ran out of steam as investors…

Discover Stock Is Sliding After Hours: What’s Going On?

[ad_1] Discover Financial Services DFS shares are trading lower in Wednesday’s after-hours session even though the company reported fourth-quarter financial results that topped estimates. Here’s a rundown of the results. Q4…

John Kerry says Europe could do more to match US on green spending

[ad_1] US climate envoy John Kerry said Europe should boost its spending to expand clean energy options and deal with climate change, in a defence of Washington’s green subsidies delivered…

U.S. dollar advances vs major currencies as risk appetite fades By Reuters

[ad_1] © Reuters. FILE PHOTO: Japanese yen and U.S. dollar banknotes are seen in this illustration picture taken June 16, 2022. REUTERS/Florence Lo/Illustration By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) –…