77.27 +0.65 (0.85%)
Pre-Market: 4:18AM EDT
|Bid||76.08 x 900|
|Ask||77.20 x 800|
|Day's Range||76.07 - 78.33|
|52 Week Range||49.10 - 90.34|
|Beta (3Y Monthly)||1.32|
|PE Ratio (TTM)||40.45|
|Earnings Date||Jul 31, 2019|
|Forward Dividend & Yield||2.48 (2.88%)|
|1y Target Est||96.59|
Stock fell Monday as the impact of the White House’s decision to blacklist Huawei rippled through markets Monday.
“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.
Bessemer Trust's Rebecca Patterson on the tech trade pain. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Mark Tepper, Dan Nathan and Guy Adami.
Tech gets caught in the trade war crossfire. What the chip crush means for the markets. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Mark Tepper, Dan Nathan and Guy Adami.
Huawei has more to worry about beyond Google's decision to suspend Android support . Bloomberg sources said that American chipmakers Intel, Qualcomm, Broadcom and Xilinx had told staff they wouldn't supply Huawei with parts "till further notice," leaving the Chinese tech giant without potentially vital components. Nikkei tipsters also claimed that Germany's Infineon had cut off "certain shipments" to Huawei out of caution, although a spokesperson since said that most of its products wouldn't be subject to the US blacklisting that had prompted companies to back away.
The U.S. government has imposed heavy restrictions on Huawei, accusing the world's largest telecommunications equipment maker of being vulnerable to involvement in activities contrary to national security or foreign policy interests. Huawei denies this, saying Washington has produced no evidence to back up its claims and that independent testing of its equipment shows no vulnerability to potential Chinese espionage. Huawei Vice-President Catherine Chen told newspaper Corriere della Sera in an interview published on Tuesday that the company had been working in Europe for 10 to 20 years, collaborating closely with telecoms firms on developing 5G networks.
BEIJING (AP) — Asian stocks were mixed Tuesday after anxiety over U.S. restrictions on sales to Chinese tech giant Huawei pulled Wall Street lower.
Although many investors were expecting a resolution to the trade war between the United States and China just a few months ago, it now seems that the trade war between the U.S. and China could last for a while. While numerous sectors are affected by the trade war, it seems that the semiconductor sector is arguably one […]
InterDigital and Qualcomm are the two major American holders of patents for wireless networking technology, including the 5G networks rolling out this year in China. Last week, President Donald Trump issued an executive order restricting the ability of U.S. firms to sell technology to Huawei, though officials on Monday eased some of those restrictions for 90 days.
Investing.com - Oil prices continued to rise on Tuesday in Asia, but gains were capped by concerns over the intensifying trade war between China and the U.S.
Investing.com - Asian markets were mixed in morning trade on Tuesday, with Chinese stocks moving higher as trade tensions between Washington and Beijing eased marginally.
The chip giant is engaged in a similar skirmish with Huawei over licensing fees, and it's one of several moving parts that Qualcomm investors must keep an eye on this week amid an escalating trade conflict between the U.S. and China. After telling employees on Monday that it will stop supplying Huawei until further notice, Qualcomm shares tumbled 5.87%.
Semiconductor ETFs Fall as US Chip Firms Stop Shipments to Huawei(Continued from Prior Part)The interdependence of the United States and China The United States is the biggest supplier and China is the biggest consumer of semiconductors in the
Google Cuts Ties with Huawei: How Will It Impact Chinese Firm?(Continued from Prior Part)Trump blacklisted HuaweiLast week on Thursday, the Trump administration added Huawei Technologies to a trade blacklist, which restricted US companies from
Post U.S. blacklist, Google denied Huawei access to certain updates to the Android system. Here, we study the impact of the ban on some semiconductor ETFs with exposure to Huawei's key U.S. suppliers.
Global equity markets fell on Monday as a U.S. crackdown on China's Huawei Technologies led chipmaker stocks in Europe and on Wall Street to slide on fears of a widening trade war, while the dollar was steady before fresh insight on the Federal Reserve's interest rates policies this week. China accused the United States of harbouring "extravagant expectations" for a trade deal, underlining the gulf between the two sides as the U.S. action last week against Huawei began to hit the global tech sector. Alphabet Inc's Google suspended some business with Huawei, Reuters reported, and Lumentum Holdings Inc, a major supplier of Apple Inc's face ID technology, said it had discontinued all shipments to Huawei.
U.S. stocks slid on Monday as the White House's restrictions on Chinese telecoms equipment maker 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 suspended business with the world's largest telecom equipment maker.