Whether you need some new basics for your everyday wardrobe or resort wear for an upcoming summer vacation, you’re in luck: The Nordstrom Rack 4th of July sale is here with savings of up to 80% on everything from flowy maxi dresses and comfy sandals to designer bags. There are literally thousands (yes, thousands) of […]
Tag: Booming
BlackRock Enters Booming Market for Stock ETFs With a 100% Hedge
(Bloomberg) — BlackRock Inc. is the latest asset manager to launch an exchange-traded fund that offers a way to ride the stock rally — while hedging 100% of the downside if markets plunge. Most Read from Bloomberg The iShares Large Cap Max Buffer Jun ETF is set to begin trading under the ticker MAXJ on […]
NVIDIA Corporation (NVDA) Jumped on Booming Demand for AI Products
Meridian Funds, managed by ArrowMark Partners, released its “Meridian Hedged Equity Fund” first quarter 2024 investor letter. A copy of the same can be downloaded here. Risk assets continued to rise while market volatility remained low in the first quarter, perhaps indicating that investors are becoming somewhat complacent. In the quarter, the fund appreciated 5.46% […]
As Americans trim spending, these cheap steakhouses are booming
“God I love Texas Roadhouse,” began one thread on Reddit, with over 1,000 upvotes. “Texas Roadhouse never disappoints,” began another, with over 5,000 votes. A third touted the “incredible value.” If there’s anything Americans love, it’s cheap meat. So business is booming at Texas Roadhouse and LongHorn Steakhouse, even as Americans pull back elsewhere. In […]
China may miss booming global market for high-bandwidth memory chips, BofA analyst says
Surging demand for high-bandwidth memory (HBM) chips – used in data centres for artificial intelligence (AI) projects – is heating up the global semiconductor industry, but mainland China’s supply chain is not ready to reap the benefits of this booming market segment, according to a Bank of America (BofA) analyst. “Memory chips are experiencing a […]
Chinese automakers retain grip over Southeast Asia’s booming electric car market
Electric vehicle sales are surging in Southeast Asia, led by China’s BYD (BYDDF) and Vietnam’s VinFast (VFS), eating into the internal combustion engine car market dominated by Japanese and Korean firms, Counterpoint Research said on Friday. EV sales in the region more than doubled in the January to March quarter from a year before, according […]
Chinese automakers retain grip over Southeast Asia’s booming electric car market
By Devjyot Ghoshal BANGKOK (Reuters) – Electric vehicle sales are surging in Southeast Asia, led by China’s BYD and Vietnam’s VinFast, eating into the internal combustion engine car market dominated by Japanese and Korean firms, Counterpoint Research said on Friday. EV sales in the region more than doubled in the January to March quarter from […]
China’s chip exports are booming but may be nearing overcapacity, stoking fears of chip glut — SMIC revenues rise as profits fall
Credit: SMIC China’s semiconductor exports are growing, but today’s success might not be the clear victory that state media makes it out to be. Industry analysts believe that China’s chip sector may be reaching overcapacity and that supply will dwarf demand in the coming months. That could mean we see predictions of a price war […]
Outdoor recreation is booming in Pennsylvania
Jun. 2—ASHLEY — American writer and humorist, Mark Twain, once said, “Buy land, they’re not making it anymore.” Ellen Ferretti, Executive Director at the North Branch Land Trust and a former Secretary of the Pennsylvania Department Conservation and Natural Resources, paraphrased Twain’s advice about land. “I say conserve and protect land — they’re not making […]
Catering to the Ultra-Rich Is a Booming Business in Australia
(Bloomberg Markets) — Peppermint Grove, a suburb of Perth in Western Australia, has all the trappings you’d expect of one of the wealthiest postal codes in the country: sprawling riverside mansions, exclusive schools and a yacht club. Most Read from Bloomberg But lately there’s a new sign that the Perth elite are starting to tip […]
The Adidas Memorial Day sale is booming — save up to 65% on the brand’s popular Cloudfoam and Ultraboost sneakers
If you love a good weekend power walk or you’re a stickler for your 10,000 steps like me, I have some news that’ll send you into a full sprint (to your shopping cart, that is). The Adidas Memorial Day sale is truly epic, and through May 28, you can score an additional 30% off thousands […]
Temu Parent Soars On Booming Earnings, Sales
PDD stock jumped in early Wednesday trading, after Chinese e-commerce company PDD Holdings (PDD) reported first-quarter results that exceeded expectations. Sales for the Temu parent company jumped 131%. X PDD Holdings said early Wednesday that it earned an adjusted 20.72 Chinese yuan ($2.83) per share from sales of $86.8 billion yuan ($12 billion) for the […]