This chart shows how chip stocks are ground zero for the trade war and are feeling the pain

, have taken a massive hit ever since the U.S. threatened to hike tariffs on Chinese goods earlier this month. Since May 3, Qualcomm has lost nearly 13% while Micron is down about 18%. The best-performing stock in the group is Applied Materials, which is only down 6.1% in that time yet it is still lagging the S&P 500.

Chip stocks are also under pressure after the U.S. blacklisted Huawei, a Chinese telecom giant that does business with several U.S. tech companies. On May 15, Trump signed an executive order requiring U.S. companies to obtain a license if they wanted to do business with Huawei. The U.S. then issued a 90-day reprieve for Huawei, however.

"A risk for technology companies is that the trend continues, and China retaliates with moves that make it more difficult for U.S. companies to operate in China," Rob Anderson, investment research analyst at Ned Davis Research, wrote in a note Thursday. "For now, we maintain our market weight recommendation on the sector … We will take our cue from our sector model and monitor the trade situation.

Is this News from HUNTING HOUSE. Scared a little boy

Funny how Muh capitalists depend so much on what’s going on in a state owned by a communist party and its SOEs, and which is designated by America’s own Dept of Commerce as a non-market economy. And boomers wonder why Muh socialism isn’t so scary anymore. Hmm.

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

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The trade war will be a 'pain' for Apple's earnings, Nomura Instinet says, cutting estimatesNomura Instinet lowered its price target on Apple shares, citing a coming 'trade strain' on the company's earnings. Pain? Figure it out. there goes 10,000% profit margins on their dongle business maybe so but necessary, Go Trump !!
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China rare earth firms' stocks soar on trade war speculationShares in rare earth-related companies in China soared on Tuesday, a day after C... Will their sales increase in the event of a trade war Are you making this up Flags on the moon, Operating systems without US back doors, now rare earth. Poor Trump must be tweeting his lttle heart out trying to keep up So how many shares in these companies does Trump own as he plays with the stock market. Trump refuse to divest he refuses to release his finances. Trump has received fines from the SEC in the past for using the media and lies to increase stock prices of shares he owned then sell
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Rare earth firms' stocks soar on U.S.-China trade war speculationShares in rare earth-related companies soared on Tuesday, led by jumps in Chines... Avalon Advanced Materials AVL up 111%
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More active managers are beating the stock market again thanks to the trade war: Goldman SachsMutual funds are having one of their best years since the financial crisis, with 42% of large-cap active mutual funds outperforming their benchmarks so far in 2019, well above the 34% rate averaged during the last decade
แหล่ง: MarketWatch - 🏆 3. / 97 อ่านเพิ่มเติม »