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- nbpuppynbpuppy
  ·2022-12-27
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- nbpuppynbpuppy
  ·2021-02-24
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  Huawei to roll out its Google Android rival to phones — with big challenges
  KEY POINTS In mid-2019, Huawei launched its own operating system — HarmonyOS — in response to U.S.
  Huawei to roll out its Google Android rival to phones — with big challenges
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- nbpuppynbpuppy
  ·2021-02-24
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  The market is getting nervous about Powell’s testimony this week
  Federal Reserve Chairman Jerome Powell speaks twice to Congress this week as part of mandated semiannual testimony.Normally nonevents for the market, the central bank leader’s comments will be viewed closely this week for how he views this year’s run-up in bond yields.Investors worry that too quick of a rise might force the Fed to tighten policy too quickly, while a complacent Fed also would pose overheating risks.Rising bond yields and accompanying inflation fears are adding a level of drama to
  The market is getting nervous about Powell’s testimony this week
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float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHuawei to roll out its Google Android rival to phones — with big challenges\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-23 17:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/02/23/huawei-harmonyos-google-android-rival-to-roll-out-to-phones-in-april.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nIn mid-2019, Huawei launched its own operating system — HarmonyOS — in response to U.S. actions that cut it off from Google software.\nOn Monday, Huawei announced that HarmonyOS would begin...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/23/huawei-harmonyos-google-android-rival-to-roll-out-to-phones-in-april.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"谷歌A","SSNLF":"三星电子","01810":"小米集团-W","GOOG":"谷歌","AAPL":"苹果"},"source_url":"https://www.cnbc.com/2021/02/23/huawei-harmonyos-google-android-rival-to-roll-out-to-phones-in-april.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1185531281","content_text":"KEY POINTS\n\nIn mid-2019, Huawei launched its own operating system — HarmonyOS — in response to U.S. actions that cut it off from Google software.\nOn Monday, Huawei announced that HarmonyOS would begin rolling out on its smartphones from April.\nHuawei faces a number of challenges in its smartphone business including dwindling chip supplies and getting users outside China to get on board with HarmonyOS.\n\nGUANGZHOU, China — In mid-2019,Huawei launched its own operating system — HarmonyOS— in response to U.S. actions that cut it off from Google software.\nt was the Chinese technology giant’s most ambitious mobile software push, one it hoped would help its handset business to survive.\nOn Monday,Huawei announced that HarmonyOS would begin rolling out on its smartphones from April. Huawei phone users would be able to download it as an update.\nA spokesperson confirmed to CNBC that users outside of China would also be able to download it. The company’s new foldable Mate X2 device, launched on Monday, would be one of the first to get HarmonyOS with other handsets to follow.\nIn 2019, Huawei was put on a U.S. blacklist known as the Entity List which restricted American firms from exporting technology to the Chinese company.Google cut ties with Huawei as a result. That meant Huawei could not use licensed Google Android on its smartphones. That’s not a big deal in China where Google apps such as Gmail are blocked. But in overseas markets, where Android is the most popular operating system, it was a big blow.\nThat move by the Trump administration combined with sanctions designed to cut Huawei off from critical chip supplies, hashurt the Chinese telecommunication firm’s smartphone sales.\nHuawei will need to find a source of chip supplies for its smartphones. But HarmonyOS is the other “critically important” part to ensure the survival of Huawei’s smartphone business, according to Nicole Peng, analyst at Canalys.\nDevelopment of HarmonyOS\nHuawei touts HarmonyOS as an operating system that can work across devices from smartphones to TVs. In September,it launched the second version of HarmonyOS and has been courting developers to make apps for the platform.\nAnd with a view to international users, Huawei redesigned the interface for its app store known as the AppGallery and improved navigation functions.\n“Search integrated into the AppGallery will help a lot in terms of helping people discover apps,” Peng said.\nAlso, Huawei will be pushing the update to existing users of its devices which should help drive use of the operating system overseas.\nCurrently, Huawei’s AppGallery has over 530 million monthly active users.\nSmartphone challenges ahead\nApps are critical to mobile operating systems. Apple’s iOS and Google Android are the two most dominant operating systems because they have millions of developers making apps for their respective platforms.\nHuawei has a suite of apps such as mapping and a browser under a banner called Huawei Mobile Services (HMS). HMS is similar to Google Mobile Services and offers developers kits that can be used to integrate things like location services into apps. HMS has 2.3 million registered developers globally.\nAnd in China, it is able to bring on board popular apps.\nHowever, in international markets, Huawei could face some challenges. For example, its app store is missing major names such as Facebook or Google apps, which are important to users abroad.\n“If Huawei wants to be successful at selling phones overseas, then it needs the right applications, which are unlikely to arrive on HarmonyOS. So getting access to Google Mobile Services again is critical if it wants to build its international phone business,” Bryan Ma, vice president of devices research at IDC, said via email.\nWith Google Android and iOS dominating outside China, Huawei will also have the steep task of convincing users to switch.\n“In terms of challenges, it’s still in areas ... (whether) the product will be able to be be accepted by heavy users using, for example, Google apps and Google services,” Canalys’ Peng said.\nMeanwhile, Huawei also potentially lacks the key supplies to make phones in the future due to the U.S. moving to cut it off from chips. Huawei’s Mate X2 uses Huawei’s proprietary Kirin 9000 processor. Richard Yu, the CEO of the consumer business, said the company has enough production capacity for the foldable phone even after warning last year supplies could run out.\nThat, along with the uncertainty of success with the operating system, is a big challenge Huawei faces.\n“Huawei could continue to drive the local China market without such concerns (about HarmonyOS apps), but there is a much bigger issue in that it is struggling to get components in the first place,” Ma said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":124,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":363342026,"gmtCreate":1614096050765,"gmtModify":1704888176547,"author":{"id":"3576654432759516","authorId":"3576654432759516","name":"nbpuppy","avatar":"https://static.tigerbbs.com/7adf18cd635aac6a00c303acc5014d0c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576654432759516","authorIdStr":"3576654432759516"},"themes":[],"htmlText":"?‍♂️","listText":"?‍♂️","text":"?‍♂️","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/363342026","repostId":"1198320495","repostType":4,"repost":{"id":"1198320495","pubTimestamp":1614087585,"share":"https://ttm.financial/m/news/1198320495?lang=&edition=fundamental","pubTime":"2021-02-23 21:39","market":"us","language":"en","title":"The market is getting nervous about Powell’s testimony this week","url":"https://stock-news.laohu8.com/highlight/detail?id=1198320495","media":"cnbc","summary":"Federal Reserve Chairman Jerome Powell speaks twice to Congress this week as part of mandated semiannual testimony.Normally nonevents for the market, the central bank leader’s comments will be viewed closely this week for how he views this year’s run-up in bond yields.Investors worry that too quick of a rise might force the Fed to tighten policy too quickly, while a complacent Fed also would pose overheating risks.Rising bond yields and accompanying inflation fears are adding a level of drama to","content":"<div>\n<p>KEY POINTSFederal Reserve Chairman Jerome Powell speaks twice to Congress this week as part of mandated semiannual testimony.Normally nonevents for the market, the central bank leader’s comments will ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/22/market-nervousness-growing-over-powells-testimony-to-congress-this-week.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The market is getting nervous about Powell’s testimony this week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe market is getting nervous about Powell’s testimony this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-23 21:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/02/22/market-nervousness-growing-over-powells-testimony-to-congress-this-week.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSFederal Reserve Chairman Jerome Powell speaks twice to Congress this week as part of mandated semiannual testimony.Normally nonevents for the market, the central bank leader’s comments will ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/22/market-nervousness-growing-over-powells-testimony-to-congress-this-week.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.cnbc.com/2021/02/22/market-nervousness-growing-over-powells-testimony-to-congress-this-week.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1198320495","content_text":"KEY POINTSFederal Reserve Chairman Jerome Powell speaks twice to Congress this week as part of mandated semiannual testimony.Normally nonevents for the market, the central bank leader’s comments will be viewed closely this week for how he views this year’s run-up in bond yields.Investors worry that too quick of a rise might force the Fed to tighten policy too quickly, while a complacent Fed also would pose overheating risks.Rising bond yields and accompanying inflation fears are adding a level of drama to Federal Reserve Chairman Jerome Powell’s appearance this week before Congress.The central bank chair is slated to address Senate and House panels on successive days as part of mandated semiannual updates on monetary policy.Normally routine affairs, recent financial market tumult and concerns about how the Fed may react have investors paying a bit more close attention than usual to the hearings scheduled for Tuesday and Wednesday.“This is one of the more interesting episodes in which a Fed chair has had to testify,” said Nathan Sheets, chief economist at PGIM Fixed Income. “Sometimes we say, ‘ho hum, no news.’ This is going to be news. He’s really caught between a rock and a hard place.”What’s got the market’s attention recently has been a pickup in government bond yields, particularly further out on the curve.While the 2-year is unchanged for 2021, the 5-year has risen nearly a quarter percentage point as of Friday’s market close while the benchmark 10-year note has seen its yield jump 41 basis points to 1.34%, an area where it hasn’t been since around the same time in 2020, before the worst of the pandemic struck.The 30-year bond yield has surged even more, leaping nearly half a point this year to 2.14%.Powell’s dilemma is this: Rising bond yields could be signaling the reflation of the economy that the Fed has been pushing and are therefore higher for good reasons. However, should the trend get out of control, the Fed then might have to tighten policy faster than the market expects, offsetting some of the good that has come with the burst in yields.Complicating the matter is that markets also might not like it if Powell is overly complacent.“If this testimony was behind closed doors, I think Jay Powell would be quite pleased with what he sees in the economy and the markets,” Sheets said, using the Fed chair’s nickname. “But given that it’s public, he’s got to be careful. If he’s too sanguine about the rise in rates, the markets are going to take that as a significant green light for rates to rip higher.”“The Fed is comfortable with an organic rise in rates reflecting shifts in views on growth and inflation,” he added. “But I think the Fed also wants to be careful that it doesn’t create and amplify a self-sustaining dynamic that pushes rates higher for other reasons.”Those “other reasons” primarily would be fears that the economy could overheat.Stimulus and more stimulusThe Fed has run historically loose policy for the past year, dropping its benchmark borrowing rate to near zero and buying at least $120 billion of bonds each month. That’s on top of a series of since-expired lending and liquidity programs implemented in the early days of the Covid-19 crisis.Along with that, Congress has come in with more than $3 trillion of fiscal stimulus and could approve up to $1.9 trillion more by the end of week.All that has transpired amid an economy that, besides a still-troubling employment problem primarily in the service sector, is humming. Wall Street is taking up first-quarter growth expectations and market-based indicators of inflation are rising.That’s why Powell’s tightrope walk this week will be all the more compelling.“The market mood has changed,”Mohamed El-Erian, chief economic advisor at Allianz, said Monday on CNBC’s “Squawk Box.” It’s no longer whether yields are going higher, it’s when is the move too big. That’s what the market’s trying to figure out.”Investors are particularly concerned whether all the stimulus isn’t going overboard and threatening to destabilize the economy over the longer run.“I can predict that the yellow lights are flashing all over the Fed because of the [yields] move and the steepening of the yield curve, and the Fed may do more to try to control yields,” El-Erian said.Fed officials have largely dismissed so-called yield curve control to use its bond purchasing power to control rates between various fixed income maturities.But the market could force the Fed’s hand, and Powell is likely to get asked about where he stands on what tools the Fed has to calm market issues. He has repeatedly stressed that the central bank has the weapons to control inflation, but deploying those comes with a price. Markets used to low yields and companies accustomed to cheap borrowing costs could get rattled by an unexpected Fed move.Evidence of how clearly the market is watching the issue came Monday morning, when European Central Bank President Christine Lagarde said she is “closely monitoring the evolution of longer-term nominal bond yields.” Her words were enough to calm a jittery market and turn what had been an opening loss on Wall Street into a mixed market with the Dow up in early afternoon trading. Treasury yields were mostly flat on the day.Tom Lee, managing partner and head of research at Fundstrat Global Advisors, noted that his “clients have already expressed some apprehension about this week. Part of this reflects the fact that bond yields have been steadily rising and equity investors are nervous that the bond market might reach some sort of ‘breaking point’” during Powell’s testimony.Powell speaks Tuesday before the Senate Finance Committee then Wednesday to the House Financial Services Committee.","news_type":1},"isVote":1,"tweetType":1,"viewCount":88,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"followers","isTTM":true}