APAC automotive instrument cluster market set for growth
Market to reach 55.2 million units a year by 2029, forecasts GlobalData.
Market to reach 55.2 million units a year by 2029, forecasts GlobalData.
(Bloomberg) -- Pharmaceutical stocks declined as President-elect Donald Trump said he’s tapping Robert F. Kennedy Jr. to run the Department of Health and Human Services, potentially elevating a prominent vaccine skeptic and broader industry critic to a top role on health policy.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe
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2024 is heading into its final stretch, and it’s natural now to try to figure out what trends will support the stock markets going forward. One key factor that we can’t ignore is the continuing boom in artificial intelligence. Advances in AI technology have boosted the tech sector generally – but those gains have been especially strong in AI-related stock segments such as semiconductor chips, data center services, and data storage. The last in particular deserves a closer look. Data is a main be
The year is winding down, but the bull markets are still charging ahead, getting a boost from improved sentiment after the presidential election. While the next few months will be a time of transition, a few things are likely. The Trump administration is expected to pursue a far looser regulatory policy than the outgoing Biden government. Plans for individual tax cuts are projected to drive consumer spending, while reductions in corporate taxes could deliver an immediate boost to earnings. While
The brokerage said in a note on Thursday it expects Trump's trade policies to be a drag on global growth, while consequent U.S. dollar strength could further pressure emerging market assets. It expects Saudi Arabia and India to be less exposed to trade risks, and upgraded the top oil exporter to "overweight" from "underweight".
Big global investors are exiting popular trades that bet on U.S. President-elect Donald Trump’s tax and tariff policies boosting Wall Street and wreaking damage abroad and swooping in on some of the Nov. 5 election's biggest market victims. After U.S. stocks and the dollar bounced on Trump's growth agenda and trade war fears pressured Chinese, European and emerging market assets, money managers are hunting for bargains in places where pessimism may have gone too far. "The thesis that Trump is good for the U.S. and bad for the rest of the world is a very common narrative," said John Roe, head of multi-asset funds at Legal & General Investment Management, which manages 1.2 trillion pounds ($1.52 trillion) of investments.
(Bloomberg) -- A pullback in the S&P 500 that’s already trimmed about a third off the index’s post-election rally is set to continue Friday, as sticky inflation and hawkish comments from the Federal Reserve weigh on sentiment.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expansion and Emissi
European shares opened lower while Asian stocks were mixed on Friday after U.S. stocks slipped as the market’s big rally following Trump's election victory cooled further. Britain’s FTSE 100 lost 0.4% to 8,038.17 after data from the Office for National Statistics showed economic growth slowed to 0.1% in the July-September quarter from the 0.5% in the previous quarter. The yen has been weakening against the U.S. dollar, boosting share prices for exporter like Nissan Motor Co., whose shares jumped 4.5% on Friday.
Federal Reserve Chairman Jerome Powell damped market expectations of quick interest rate cuts by citing the resilience of the economy and the need to adopt a measured approach.