9Jansen
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- The US tariff blitz is a huge policy mistake.Bank of Canada Holds Rates, Says Tariffs Could Cause Deep Recession
Bank of Canada Holds Rates, Says Tariffs Could Cause Deep Recession
OTTAWA, April 16 (Reuters) - The Bank of Canada on Wednesday held its key policy rate at 2.75%, its first pause after seven consecutive cuts, and said the uncertainty around U.S. tariffs made it impos - Where do you find a leader making such erratic, back-and-forth decisions? [Facepalm]Trump Delays Canada, Mexico Tariffs for Goods Under USMCA
Trump Delays Canada, Mexico Tariffs for Goods Under USMCA
President Donald Trump is likely to defer tariffs on Canada and Mexico for all goods and services covered by the North American trade agreement known as USMCA, Commerce Secretary Howard Lutnick said.Trump will decide Thursday on the scope of a one-month exemption on 25% tariffs imposed this month on the US’s two largest trading partners, Lutnick said in an interview with CNBC. “I think it’s likely it will cover all USMCA-compliant goods and services,” he said.Lutnick said he and Trump would be s - Trust this means the bottom has reached. [LOL]Intel Downgraded to BBB Rating Over High Industry Costs Amid Management Uncertainty, S&P Says
Intel Downgraded to BBB Rating Over High Industry Costs Amid Management Uncertainty, S&P Says
Intel was downgraded to S&P's BBB rating from BBB+ over a slow industry recovery and higher-than-expected manufacturing costs that are expected to last through 2025, the rating agency said Tuesday.Intel's discretionary cash flow, or DCF, is expected to improve amid the chipmaker's cost-cutting efforts, but its DCF-to-debt ratio is seen to approach 10% by the end of 2026, "a level we view to be appropriate at its current rating," S&P said.S&P also pointed that the departure of Intel Chief Executive Pat Gelsinger brings uncertainty to the execution of the company's turnaround plan, especially amid fierce competition in the chip industry.Intel would need a consistent strategy under a new CEO, launch products on schedule and reach cost-cutting targets to improve its credit metrics over the next two years, S&P said. - Thought provoking article.MicroStrategy Stock's Big Swings Could Be Another Sign of a Looming Market Crash
MicroStrategy Stock's Big Swings Could Be Another Sign of a Looming Market Crash
The big moves in $MicroStrategy(MSTR)$ stock are just another sign that things may not be quite right with the market.MicroStrategy stock has had a heck of a rally. At Wednesday's peak of $473.83, sha - Useful information for bag holders. [Miser]Super Micro's Stock Had a Historic Week - but It's Still 70% off Its Highs
Super Micro's Stock Had a Historic Week - but It's Still 70% off Its Highs
$SUPER MICRO COMPUTER INC(SMCI)$'s investors have gotten some relief this week, as the beleaguered server maker said it has a new auditor and has submitted a plan to the Nasdaq for how it intends to - $NVIDIA Corp(NVDA)$
Nvidia experienced a sharp decline after a turbulent week ending on September 6, 2024, as its stock came under pressure from worries about the AI boom slowing, antitrust investigations, weak manufacturing data, and increased doubt about tech spending. Despite these setbacks, I view Nvidia’s potential favorably, seeing the risk as manageable. Therefore, I would continue to buy on dips to increase my holdings.
