Shares of Dell (DELL) and Super Micro Computer (SMCI) popped Thursday after xAI Founder Elon Musk said the companies are providing hardware for the supercomputer his AI startup is building. The moves higher underscore Wall Street’s excitement around AI technology. Investors are clamoring to buy into AI businesses at every level of development, from major […]
Tag: Supply
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House price inflation jumps to almost 8% amid lack of supply
Check out what’s up — and down — with home sales, prices, supply in Austin area market
Housing supply in Central Texas reached its highest level in 13 years in May, the Austin Board of Realtors said in its latest report, and that could mean more choices and negotiating power for some potential buyers. At the same time, continued higher interest rates are keeping other buyers out of the market altogether, or […]
China says a Chinese vessel and Philippine supply ship collided in the disputed South China Sea
BEIJING (AP) — A Chinese vessel and a Philippine supply ship collided near the disputed Spratly Islands in the South China Sea on Monday, China’s coast guard said. The coast guard said a Philippine supply ship entered waters near the Second Thomas Shoal, a submerged reef in the Spratly Islands that’s part of territory claimed […]
China says Chinese vessel and Philippine supply ship collided in South China Sea
A Chinese vessel and a Philippine supply ship collided near the disputed Spratly Islands in the South China Sea on Monday, China’s coast guard said. The coast guard said the Philippines ship entered waters near the Second Thomas Shoal, a submerged reef in the Spratly Islands that is part of territory claimed by several nations. […]
‘We’re in a new era’ of supply chain disruption, HSBC analyst says
After a series of COVID-19 pandemic disruptions, ongoing geopolitical conflicts, and now a historic year in which more than 60 countries are holding elections, supply chain managers face a growing number of challenges. “I would actually say that we’re in a new era,” HSBC Americas head of global trade solutions Marissa Adams told Yahoo Finance […]
Biden issues executive order on supply chain resiliency efforts
By David Shepardson WASHINGTON (Reuters) -U.S. President Joe Biden on Friday issued an executive order formalizing a White House council on supply chain resilience and mandating a comprehensive report by the end of the year, officials said. The council made up of cabinet departments and other key officials first met in November 2023 as part […]