Month: February 2024

Water Scarcity Threatens Chipmakers

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💦 💦 “There is a direct line between water use and chip sophistication, as fabs use ultrapure water — fresh water processed to extremely high purity — to rinse wafers between each process. The more advanced the semiconductor, the more process steps, the more water consumed,” said S&P Global Ratings credit analyst Hins Li
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Alibaba Cloud Cuts Prices

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🚨 🚨 Alibaba Cloud Cuts Prices: Alibaba Cloud on Thursday said it is cutting prices across more than 100 core public cloud products to make cloud computing more accessible in the AI boom
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Oprah Quits WeightWatchers

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🚨 🚨 This Is What Failure Looks Like: Oprah Winfrey is leaving WeightWatchers board and giving away all her stock at critical weight loss moment
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Goldman Sees US Rate Cut In June

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🇺🇸 🇺🇸 Goldman Sachs last week pushed back its projections for rate cuts from May to June, citing several key inflation indicators that look “on the firmer side”
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SNB Will Be The First To Cut Rates

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🇨🇭 🇨🇭 On the basis of market expectations, the first G10 central bank to cut rates will be the Swiss National Bank
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BOJ Seen Tightening In April

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🇯🇵 🇯🇵 A significant majority of analysts expect the Bank of Japan to end its eight-year stretch of negative interest rates in April, along with its yield curve control policy
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Geely’s Ecarx Plans To Sell To Chinese Companies

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🇨🇳 🇨🇳 China’s Geely has been building Ecarx, that offers software and chip systems for digital car cockpits and driver-assist. Ecarx plans to benefit from selling to local Chinese companies that need to buy from domestic firms due to geopolitical reasons
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China Bonds Climb As Investors See More Easing

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🇨🇳 🇨🇳 A rally in China’s ultra-long bonds is accelerating, suggesting investors are betting on fresh monetary easing to cement a recovery
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ASX Jumps To Record

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🇦🇺 🇦🇺 BREAKING: ASX200 hits fresh record high and trades above 7700
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UBS: Investors Should Buy Quality Bonds

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🚨 🚨 UBS says bond yields should fall further this year and that Investors should jump in now
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