|Day's Range||5.16 - 6.38|
Google's move to revoke Huawei's operating license for Android is not really separate from the larger US-China trade dispute, according to one expert.
Trade tensions between China and the U.S.continue to escalate as the President calls out China for changing the rules. Yahoo Finance's Julie Hyman, Adam Shapiro, Brian Sozzi, and Andy Serwer disuss.
“It’s going to be long-term issue where we and the Chinese are going to have to figure out how to deal with one another, not just over months or years but even decades.” Yahoo Finance talks to Dr. Christopher Smart, Head of Barings Investment Institute to break down the latest in the U.S. China trade war.
U.S.-China trade tensions are heightening with no end in sight, after President Trump escalated tensions in an interview with Fox News. Yahoo Finance’s Brian Sozzi, Alexis Christoforous, and Andy Serwer discuss outlook and difference between the U.S. and Chinese economy.
Huawei has finally gone on the record about a ban on its use of Android, butthe company's long-term strategy on mobile still remains unclear
Google Cuts Ties with Huawei: How Will It Impact Chinese Firm?(Continued from Prior Part)Huawei’s loss of Android OSAlphabet’s (GOOGL) division Google has decided not to do business with China’s (MCHI) (FXI) smartphone maker Huawei after
Google Cuts Ties with Huawei: How Will It Impact Chinese Firm?Google stops its business deals with Huawei Alphabet’s (GOOGL) unit Google has decided to stop licensing its Android operating system (or OS) to China’s smartphone company Huawei
U.S. stocks slid on Monday as the White House's restrictions on Chinese telecom equipment company Huawei Technologies Co Ltd weighed on the technology sector and raised concerns that the move would further inflame trade tensions between the United States and China. Since the White House added Huawei to a trade blacklist last week, several companies have moved to suspend business with the world's largest telecom equipment maker. Alphabet Inc's Google has moved to stop providing Huawei with access to its proprietary apps and services, Reuters reported on Sunday.
Stocks fell broadly Monday, with the tech-heavy Nasdaq faring the worst of the three major indexes on fallout from the blacklisting of China's Huawei. suspended business with Huawei and prevented the company from accessing critical portions of its Android mobile phone platform. surged after U.S. Federal Communications Commission Chairman Ajit Pai said he would approve their $26 billion merger plans.
Huawei could lose its grip on the No. 2 ranking in worldwide cellphone sales after Google announced it would comply with U.S. government restrictions meant to punish the Chinese tech powerhouse. The Trump administration move, which effectively bars U.S. firms from selling components and software to Huawei, ups the ante in a trade war between Washington and Beijing that partly reflects a struggle for global economic and technological dominance. Google said basic services would still function on the Android operating system used in Huawei's smartphones and existing smartphone owners would not lose access to its Google Play app store or security features.
Semiconductor stocks were sliding on Monday as concerns over trade flared up again. Alphabet's Google GOOGL suspended business with Chinese telecom company Huawei , after President Donald Trump's administration announced it will require U.S. companies to secure a license before working with Huawei. Huawei is a piece, but it's not a gigantic piece.
Learn how the stock market works, what it means to own stocks and shares, how shares are classified, why companies issue shares, and the pros and cons of an exchange listing.
Democratic presidential hopeful Joe Biden has officially surged past President Trump when it comes to online ad spending, with $1.5 million on Google and Facebook ads since the beginning of the year. Axios media reporter Sara Fischer joins CBSN to explain the significance.