Texas Instruments Stock Rises After Earnings; Tariffs Seen as a Risk
Did Trump's "surrender" have a lot to do with the "U.S. debt vigilantes"?
Under the strong pressure of US Treasury yields soaring to 5%, the "Bond vigilantes" successfully "forced a halt" to Trump's tariff policy. Trump admitted: "The bond market is very tricky, I have been monitoring it." Ed Yardeni stated that this is yet another victory for the "Bond vigilantes."
How Bond Vigilantes Made Trump Blink
Regarding interest rate cuts! Several Federal Reserve officials have spoken out, with possible action as early as June.
① On Thursday local time, Cleveland Fed President Loretta Mester ruled out the possibility of a Federal Reserve rate cut in May but hinted at a possible cut in June; ② On the same day, several Federal Reserve officials publicly discussed the matter of rate cuts. Federal Reserve Governor Christopher Waller also stated that he would support a Federal Reserve rate cut if there is a significant rise in the unemployment rate.
Fed's Waller Says Policymakers Can 'Look Through' One-Time Price Increases
China Calls on Trump to Drop Tariffs; Says Talks Are 'Fake News'
US Companies Stock Up Ahead of Tariffs, Boosting Durable-Goods Orders
Flipping out faster than flipping a book? Trump once again blasts Powell: Not lowering interest rates is a mistake!
① The President of the USA, Trump, criticized Federal Reserve Chairman Powell again on Wednesday, accusing him of keeping interest rates too high and expressing that he might give him a call. ② Trump has recently criticized Powell multiple times and has not ruled out the possibility of firing Powell, but reportedly the Secretary of the Treasury and the Secretary of Commerce advised him against it.
Harmack stated: The Federal Reserve should continue to reduce its balance sheet, and the MMF policy needs to remain stable.
Harmack stated on Wednesday that the current situation still supports the Federal Reserve's continued reduction of its balance sheet. In the face of significant uncertainty, now is not the time to change MMF policy.
SK Hynix Posts Strong First Quarter Earnings on AI Chip Demand
Trump and Powell Are Doing a 'Fed Independence' Dance. Keep Your Portfolio Nimble.
Why Trump Decided Not to Try to Fire Jerome Powell
U.S. Business Activity Loses Pace, Inflation Heats Up as Tariffs Take Toll, Surveys Show
Is Intel's ambition for the 18A process facing setbacks? The flagship 2-nanometer chip is reportedly going to be outsourced to Taiwan Semiconductor for production.
① Intel is reported to have commissioned Taiwan Semiconductor to produce its flagship next-generation Nova Lake CPU using the 2-nanometer process, raising questions in the industry about its 18A technology; ② Some have revealed that Intel may adopt a dual-source Global Strategy, using both Taiwan Semiconductor's 2-nanometer technology and its own 18A process; ③ Intel has long been viewed as a core part of the USA chip dream, and its latest developments may undermine confidence in the White House.
Stocking up on Chinese goods in Canada? USA merchants take a chance: Trump's tariffs on China will eventually be lowered.
According to reports, the "delay tactic" of stockpiling in Canada — using duty-free warehouses, tax exemptions, and rebate policies — will still lead to an increase of about $500 to $600 in costs per container for sellers; however, these sellers are betting that the White House will eventually reduce the high tariffs on China commodities.
Need to Move Towards Deescalation: Chen on US, China
Australian Business Activity Expands in April; New Work Growth Hits Highest in Three Years
Goldman Sachs Research: AI Datacenters are moving toward the megawatt era, with liquid cooling technology becoming a key sector.
Goldman Sachs released a Research Report stating that Datacenters are undergoing a transformation from traditional cloud architecture to dedicated AI infrastructure, with increased computing density and liquid cooling technology becoming key trends in this transformation.
A safe haven in the storm of trade - Coca-Cola
JPMorgan believes that despite facing tariffs and macroeconomic headwinds, Coca-Cola is expected to achieve organic sales growth (OSG) by 2025, thanks to its strong defensiveness, diversified regional layout, limited tariff impact, and ability to adapt to a dynamic operating environment, positioning the company as a haven in turbulent markets.
The antitrust hammer has arrived! The Department of Justice urges the court to "force Google to sell the Chrome browser."
The USA Department of Justice demands that Google pays a heavy price for its monopolistic behavior, including three core measures: a court-ordered sale of the Chrome browser, termination of agreements that grant its Search Engine default status on Smart Phones and other devices, and a requirement to provide competitors with data access. Furthermore, a loss in another antitrust case may lead to the splitting of its $31 billion advertising business.