Headlines
The US-China trade negotiations may lead to a break in the stocks by the end of the year
It has been nearly two years now that the two countries have been going through a significant trading threat, and things are not stable yet.
After the Federal Reserve delivered the third straight rate cut this week, it now depends on how the battle between China and President Donald Trump turns out by the end of the year.
On Thursday, stocks took a hit, which leads China to doubt whether they could maintain a healthy long-term trade relationship with the United States due to the impulsive decision-making nature of Trump.
The chipmakers have been held as the usual suspects. Since Trump has blacklisted Huawei back in May for security concerns, the chip makers have been quite sensitive to the headlines.
Recommended News:
- Antonio Banderas recalls the memories of the 90s when Madonna pursued him
- Pregnant mothers who took ACETAMINOPHEN during pregnancy may give birth to children with ADHD and Autism
- Bacteria need genetic ‘passcode’ to survive in the human gut
According to Refinitiv, Micron Technology, Nvidia, Qualcomm, Broadcom, Qorvo, and AMD are the top S&P 500 companies, coming up with the highest exposure of revenue in China. Apart from that, Apple has also contributed 19.6% of its sales exposure to China.
The two significant casinos namely, Las Vegas Sands and Wynn Resorts, have shown 61% and 75% revenue exposure to China, respectively.
-
Entertainment2 months ago
The Tame Impala band returns with a mysterious video on their website
-
Entertainment2 months ago
Angelina Jolie reveals her mental state after the split with Brad Pitt and how she overcame it during shooting Maleficent 2
-
Entertainment1 month ago
Kylie Jenner dresses up her daughter Stormi as herself for Halloween
-
Headlines2 months ago
A man from Radcliffe has been charged for killing a child of one-year
-
Health2 months ago
You cannot blame your genes anymore. Know about the all-new gene-editing technology
-
Entertainment1 month ago
Antonio Banderas recalls the memories of the 90s when Madonna pursued him
-
Headlines2 months ago
Woman killed by robbers while playing Pokemon Go As she Witnesses the robbery
-
Health2 months ago
Scientists are aiming to grow Cancer in a lab with the aim to stop the disease before it develops