|Bid||72.26 x 100|
|Ask||76.59 x 1300|
|Day's Range||74.02 - 74.67|
|52 Week Range||61.88 - 79.07|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.62%|
Given that global semiconductor revenues reached $400 billion in 2017, China’s (FXI) proposal to increase semiconductor imports from the US appears positive. If China buys more chips from the US, it would shift its chip purchases from South Korea (EWY) and Taiwan to the US. More than 95% of the semiconductor revenue in South Korea comes from Samsung (SSNLF) and SK Hynix, both of which manufacture memory chips. Of the five companies, two manufacture application-specific standard products, the volume of which is relatively modest compared to the trade volume between the US and China.
Whereas China (FXI) is the largest consumer of semiconductors in the world, it meets most of its needs through semiconductor imports. The Chinese government plans to invest $160 billion to develop its domestic semiconductor industry, and Tsinghua Unigroup is the biggest beneficiary of this grant. The company spent $24 billion on a NAND plant, which could start manufacturing 32-layer 3D NAND chips by the end of 2018 and ramp up production in 2019. However, China would still be four years behind its South Korean (EWY) competitor, Samsung (SSNLF).
All the top ten cryptocurrencies according to market capitalization had down days on March 6. Bitcoin has fallen 2.6% during the last 24 hours to $11,168, and its market cap stood at $188 billion. The overall market cap of the cryptocurrencies (ARKW) (ARKK) was at $453 billion, and the total trading volume at $16.8 billion.
Certain specific country focused funds experience high outflows on fears of continued slowdown in the markets owing to a potential trade war.
Electronic Arts’ (EA) CEO Andrew Wilson stated, “Across the company, our fantastic creative teams are constantly pioneering new experiences that expand our reach and add to the unmatched depth and breadth of our portfolio of games.” This perspective reflects in the increasing user base and player community for EA over the last few quarters. EA’s FIFA franchise remains one of the leading games worldwide. It has approximately 42 million players on console platforms PlayStation (SNE) and Xbox (MSFT).
During Fitbit’s (FIT) 4Q17 earnings call, CEO James Park stated that Fitbit is in a multiyear transition process. Fitbit needs to focus on product innovation to beat competition from Apple Watch and peers Garmin (GRMN), Korea’s (EWY) Samsung (SSNLF), and China’s (FXI) Xiaomi. Fitbit needs to adapt to the changing wearable device market, which is expected to grow at a compound annual rate of 18.4% between 2017 and 2021, according to IDC Research.
Global economies have another lever to pull to help offset some of the pressures of their aging populations: The power of women. Some governments have been working to shore up women's participation in the economy, which, if successful, should boost their credit rating, Moody's wrote in a note last week. Increasing women's participation in the labor force will help economic growth by partially offsetting the declining workforce as populations age, Moody's says.
Will Qualcomm Acquire NXP—Or Be Acquired by Broadcom? As its licensing disputes with Apple and another unidentified customer have pulled down Qualcomm’s (QCOM) revenue significantly, the chip supplier likely needs to resolve its licensing disputes in order to boost earnings and fend off a hostile takeover by Broadcom (AVGO). On January 31, 2018, Qualcomm amended its patent licensing with Samsung (SSNLF), showing investors that it can resolve disputes with a customer without the help of Broadcom.
Will Qualcomm Acquire NXP—Or Be Acquired by Broadcom? Qualcomm (QCOM) opposes a takeover bid by Broadcom (AVGO) because it feels the latter’s management may not give justice to its transformative 5G opportunity. Qualcomm also believes that Broadcom’s board lacks experience in handling the business risk during the pendency of regulatory review.
Major exchange-traded funds that track emerging-market equities soared on Tuesday, in a partial recovery from a massive multiday drop.
At CES (Consumer Electronics Show) 2018, Intel (INTC) gave the audience a glimpse of a virtual world where everything is immersive. At CES 2018, Intel’s chief executive officer, Brian Krzanich, showcased the company’s efforts in immersive media such as the use of its True VR technology in sports arenas.
The North American Trade Agreement, also known as NAFTA, may crumble if a deal between the three member countries is not reached in the coming months. Combined with the U.S. government shutdown, the NAFTA debacle put pressure on the U.S. dollar, which took first place in the list. Canada took second place in the list as the nation’s central bank raised interest rates. Platinum has been on a tear lately, taking third place, while consumer discretionary equities and South Korea close out the list. Check out our previous trends edition at Trending: Bonds Under Pressure as Investors Move to Equities.
The decision to buy bitcoin is based on one’s own investment goals, time horizon and risk tolerance. Technology investments are often appropriate for aggressive investors with a long-term time horizon. Digital assets represent a new kind of technology, but they are mainly unproven.
Will the Choppy Waters Continue for Cryptocurrency Market? The market capitalization of ripple has also deteriorated to about $48 billion as compared to the $100 billion during the beginning of 2018 when prices peaked. Investors likely got wary of the decline in the cryptocurrency market (ARKW), which has undoubtedly added to the overall perception of the volatility of cryptocurrencies in general. Plus, the US government shutdown further could have added to the uncertainty of the digital currencies.
This article was originally published on ETF Trends.com. The iShares MSCI South Korea Capped ETF (NYSEArca: EWY) gained about three-quarters of a percent last week, but stocks in Asia's fourth-largest ...