Global Archives - Page 69 of 441

3 minute read

Taiwan Earthquake Alarms Gene Munster: ‘The Only Thing That Can Slow AI In The Near-Term’ Is Impact On TSMC Chip Production

April 3, 9:26 PM

Gene Munster expressed concern about the impact of Taiwan's chip production challenges on AI development, highlighting the geopolitical implications and the vulnerability of the industry.

AAPL

3 minute read

Global
News

Olin Among U.S. Epoxy Resin Producers Filing Trade Cases Against Five Countries; Petitions Charge That Unfairly Traded Imports Of Certain Epoxy Resins From China, India, South Korea, Taiwan, And Thailand Are Causing Material Injury To The Domestic Epox…

By Benzinga Newsdesk

April 3, 4:10 PM

Olin Corporation (NYSE:OLN) today announced the filing of antidumping and countervailing duty petitions against five countries related to certain epoxy resins, as part of the U.S. Epoxy Resin Producers Ad Hoc Coalition.

OLN

2 minute read

Semiconductor Supply Chain Fears: Counting The Cost Of Taiwan’s Earthquake

By Neil Dennis

April 3, 2:55 PM

Market reaction to Taiwan earthquake shows companies in semiconductor supply chain are ready for such disasters, with minimal impact on market index and production of chip manufacturers.

AAPL

3 minute read

Nasdaq Gains 75 Points; Acuity Brands Posts Upbeat Earnings

By Avi Kapoor

April 3, 2:30 PM

U.S. stocks traded higher toward the end of trading, with the S&P 500 gaining around 0.3% on Wednesday. The Dow traded up 0.08% to 39,200.08 while the NASDAQ rose 0.46% to 16,315.68. The S&P 500 also rose, gaining, 0.31% to 5,221.70.

ABIO

2 minute read

Norway’s Sovereign Wealth Fund Contemplates Rio Tinto Divestment

By Stjepan Kalinic

April 3, 2:23 PM

Norway's sovereign wealth fund may divest from Rio Tinto over alleged deforestation in Amazon. Its stake in Rio Tinto is worth $2.15B.

GLNCY

3 minute read

‘Japan Eyes Hydrogen Production Using Next-gen Nuclear Reactor; Japanese Government Plans To Start Field Testing Clean Hydrogen Production Using Nuclear Power As Soon As 2028’ – Nikkei Asia

By Benzinga Newsdesk

April 3, 1:17 PM

https://asia.nikkei.com/Business/Energy/Japan-eyes-hydrogen-production-using-next-gen-nuclear-reactorThe Japanese government plans to start field testing clean hydrogen production using nuclear power as soon as 2028,

EWJ

4 minute read

Crude Oil Climbs To 5-Month High In Q1, Analysts Expect High Prices To Persist In Q2

By Neil Dennis

April 3, 1:05 PM

First quarter of 2024 saw a surge in oil prices due to tightening supply/demand and geopolitical concerns. Benchmarks rose to five-month highs.

COP

3 minute read

Crude Oil Moves Higher; ISM Services PMI Falls In March

By Avi Kapoor

April 3, 12:01 PM

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining over 0.5% on Wednesday. The Dow traded up 0.18% to 39,241.00 while the NASDAQ rose 0.55% to 16,329.45. The S&P 500 also rose, gaining, 0.39% to 5,226.17.

ABIO

3 minute read

Global
News

‘Rio Tinto Faces Possible Norway Fund Divestment Over Alleged Deforestation Links’ – WSJ

By Benzinga Newsdesk

April 3, 10:28 AM

https://www.wsj.com/articles/rio-tinto-faces-possible-norway-fund-divestment-over-alleged-deforestation-links-de34bec2?mod=latest_headlines The ethics adviser to the Norwegian sovereign-wealth fund has told the

RIO

3 minute read

US Stocks Edge Lower; Private Employment Tops Views

By Avi Kapoor

April 3, 9:47 AM

U.S. stocks traded lower this morning, following the release of ADP jobs data on Wednesday. Following the market opening Wednesday, the Dow traded down 0.08% to 39,139.63 while the NASDAQ fell 0.27% to 16,197.58. The S&P 500 also fell, dropping, 0.02% to 5,204.61.

ABIO