The Richmond Fed released its survey of manufacturing activity for February which reported a decline to -16 from -11 in January 2023. The reading severely underperformed market expectations of -5, sug...
Tag: Shipments
Ford F-150 Lightning EV production, shipments halted due to potential battery issue
In a blow to the company’s growing EV ambitions, Ford (F) today confirmed it is halting production and shipments of its F-150 Lightning electric pickup due to a potential battery issue. “I can c...
Key US LNG Terminal Cancels Shipments, Raising Questions on Restart
(Bloomberg) — Freeport LNG has canceled some upcoming shipments, adding to the uncertainty over when the US liquefied natural gas exporter will resume shipments after an explosion last summer. M...
Global PC shipments collapsed 28% in Q4: Gartner
The pain in the PC industry is only getting worse, as sales continue to decline after explosive growth during the height of the pandemic. According to research firm Gartner, worldwide PC shipments dec...
Apple’s $2.5 billion iPhone shipments from India hint at a major manufacturing shift
Cupertino-based Apple has begun to benefit from its expansion to India. Between April and December 2022, Apple exported more than $2.5 billion worth of iPhone handsets from the country, Bloomberg repo...
Apple Says Customers Will Wait Longer to Receive iPhone 14 High-End Models Due to Shipments Delay
As the lockdown affects the Apple iPhone 14 shipments, Chinese investors are likely disappointed. Tech giant Apple (NASDAQ: AAPL) has announced a delay in the shipments of the high-end iPhone 14 model...
AMD Cuts Revenue Forecast Amid Worst Slump in PC Shipments in Years
Listen to article (1 minute) Advanced Micro Devices cut its revenue forecast for the most recent quarter citing weaker-than-expected demand for the personal computers that use its chips. The chip make...
Chinese smartphone boom ends as domestic shipments in China drop over 30% YoY
It seems that the Chinese smartphone boom has ended as domestic smartphone shipments register a sharp decline. Covid lockdowns have wreaked havoc on the Chinese economy, with smartphone sales falling ...
US to Pass Stricter Regulations on Semiconductors Shipments to China
The new regulations will support the previous rules that were passed earlier this year. US president Joe Biden plans to announce a stricter restriction on semiconductors and chipmaking tool shipments ...
Nio reports wider second-quarter loss despite increase in EV shipments
Employees stand next to a ET7 sedan at a NIO Inc. dealership in Shanghai, China, on Wednesday, June 8, 2022. Qilai Shen | Bloomberg | Getty Images Chinese electric vehicle maker Nio had a loss of $409...
Some Bed Bath & Beyond Suppliers Halt Shipments on Unpaid Bills
(Bloomberg) — Some Bed Bath & Beyond Inc. suppliers are restricting or halting shipments altogether after the home-goods retailer fell behind on payments, according to people familiar with t...
China Lockdowns, Inflation Fuel 15% Drop In Global PC Shipments
Healthcare workers in protective gear give residents their Covid-19 tests in Shanghai on Sunday. … [+] Shanghai’s Covid-19 cases continued to rise, prompting authorities to declare more high-ris...
Russia’s Crude Oil Shipments to Crucial Asian Markets Falter
(Bloomberg) — Russia’s seaborne crude exports in the seven days to July 1 rebounded from the previous week’s plunge, but shipments to Asia are slipping, even as flows are diverted to the country...
Improved Visibility To Ocean Shipments Goes Beyond Container Tracking
Solution from Nexxiot is one of the container tracking solutions Happag-Lloyd will use to improve … [+] visibility for their customers. Happag-Lloyd There have been massive supply chain disrupti...
China Leads 11% Drop In Global Smartphone Shipments; Lockdowns Cast A Shadow Over 2nd Quarter
Healthy iPhone 13 sales helped Apple increase its overall smartphone deliveries in the first … [+] quarter, Canalys said today. Photographer: SeongJoon Cho/Bloomberg © 2022 Bloomberg Finance LP ...
Alcoa Sinks as Aluminum Shipments Fall in Sign of Waning Demand
(Bloomberg) — Alcoa Corp. sales slumped as prolonged supply chain disruptions curbed shipments, raising concern that the tie-ups may erode customer demand for metal. Most Read from Bloomberg The...
CDC tells health officials to expect first shipments of young kids’ Covid shots by Feb. 21
A healthcare worker prepares to administer Pfizer-BioNTech COVID-19 vaccines at an elementary school vaccination site for children ages 5 to 11-year-old in Miami, Florida, U.S., on Monday, Nov. 22, 20...
Novavax’s stock falls after Reuters report saying COVID-19 vaccine shipments are delayed in some regions
Shares of Novavax Inc. NVAX, -14.58% tumbled 12.2% in trading on Tuesday after a Reuters report said there are delays shipping the company’s COVID-19 vaccines to Europe and the Philippines in th...
XPeng, NIO EV Shipments Climb In December As China Makers Cap Year Of Big Gains
He Xiaopeng, chairman of XPeng Motors, in 2018. Photographer: Qilai Shen/Bloomberg © 2018 Bloomberg Finance LP China electric vehicle maker XPeng delivered 16,000 cars in December, an increase of 181%...
Intel’s Lagging Notebook Shipments Are ‘Yellow Flag,’ Analyst Says
Text size Intel Dreamstime Intel ’s notebook shipments may struggle in the near term, adding further pressure to a stock that has traded lower this year, according to analysts at Citi. Notebook shipme...