Tag: engineering

Posts with tag: engineering

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Automakers, Charging Companies Urge Restart of $5 Billion EV Program

Automakers and electric vehicle charging companies urge the U.S. Transportation Department to restart a $5 billion government EV infrastructure program.

Apple, Google, Nvidia, Intel Face China Antitrust Heat in Trade War

Amid the US-China trade war, tech giants Apple, Google, Intel, and Nvidia face potential antitrust investigations in China as retaliatory measures for US tariffs. Apple faces scrutiny over its App Store practices, while Intel's China revenue is at risk due to its reliance on the region. Google's presence in China is minimal, but Nvidia's AI strategy could be impacted by export restrictions.

Expedia Tops Bookings Estimates as Travel Demand Stays Strong

Expedia Group reports better-than-expected gross bookings for Q4 2024, indicating strong travel demand during the holiday season.

US Equity Funds See Fourth Weekly Outflow on Geopolitical, Tech Earnings Worries

U.S. equity funds saw their fourth weekly outflow in five amid heightened geopolitical risks and weaker earnings from key tech companies.

IMF Sees Japan Raising Rates to Neutral by 2027

IMF Sees Japan Raising Interest Rates to Neutral Level by 2027, Economy to Expand 1.1%

Illumina Forecasts 2025 Revenue Below Estimates Amid Subdued Demand

Illumina predicts 2025 revenue below expectations, with shares falling nearly 4% in extended trading. Annual revenue is estimated at $4.28 billion-$4.4 billion, below the analysts' average estimate of $4.39 billion.

US Trade Nominee Faces Scrutiny as Republicans Raise Concerns Over Tariffs

US Trade Representative Nominee Faces Republican Concerns Over Possible Impact of Tariffs on Rural States

Wall Street Muted as Market Digests Earnings, Jobs Data Ahead

Wall Street trades cautiously ahead of Amazon earnings and Friday's crucial jobs report, with mixed corporate results and economic data providing little direction.

Arm Gives Cautious Forecast Amid AI Spending Concerns

Arm Holdings issues cautious revenue forecast amid concerns over slowing AI spending, with revenue expected to be $1.18 billion to $1.28 billion in the fiscal fourth quarter.

Trade Nominee Seeks to Restore US Hard Power Using Trade Policy

Jamieson Greer, President Trump's nominee for US trade representative, says he would use trade policy to revitalize manufacturing and counter global volatility.