It is a maker of electrical connectors and sensors whose products end up in almost every car and in countless factories around the world. With a market value of more than $35 billion, including debt, it is one of the U.S.’s largest industrial enterprises.
“Six months ago we said China was slowing,” said Curtin. “Now China business is stabilizing and growing. The inventory correction is behind us.” Whether that happens depends on spending by network providers such as AT&T . Revenue in TE’s communication segment fell by 2% last quarter, yet management remains optimistic about the impact of 5G on its business. The company is ready for higher growth.
That’s actually good news. If technology exists for self-driving cars, now or in the near future, it would transform a host of companies, including Uber Technologies . “It is different this time,” says Curtin, while acknowledging those are often famous last words. “China is the largest car market in the world and the government strongly supports EVs, Europe is moving away from diesel technology and you just can’t hit tightening emissions standards without EV technology.”
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
American Express can surge 22% as company sales remain strong, analyst saysInvestors should buy shares of American Express as the credit card company's sales will keep growing at a fast pace thanks to a strong consumer, an analyst at Morgan Stanley said Thursday. Purr muh Bull sheet
Source: CNBC - 🏆 12. / 72 Read more »
Airbnb CEO says company will be ready for IPO later this year: CNBCAirbnb will be ready for an initial public offering later this year, the home-re... Risky investment lol Liabilities and enemies around the world with not much room left to grow. I'd love to get in at the beginning so I can dump it all after enough suckers fell for it Go public, and get ready for all the lawsuits from users who were spied upon, raped, murdered, because you cannot ever provide a safe rental, because you have no oversight, inspection, or care for your users. You love the $$$$$$$$$$
Source: Reuters - 🏆 2. / 97 Read more »
Facebook’s Mark Zuckerberg should be “liable” for the company’s privacy missteps, top lawmaker saysFederal regulators should hold Facebook's Mark Zuckerberg 'individually liable for the company's repeated violations of Americans' privacy,' Democratic Sen. Ron Wyden said Tuesday, including imposing penalties that apply directly to the chief executive. Here for it 🙌🏻🙌🏻 Then all CEO’s in America should be also. Let’s see how many people want the job. Yes correct but he is a Dem so charges would be dropped
Source: washingtonpost - 🏆 95. / 72 Read more »
Maybe inflation is not dead as many major companies say they are raising pricesCompanies seem to be talking a little bit more about how price increases are helping profits, an early sign that more inflation could be seeping into the economy. As always your insight is cutting edge. Keep up the subpar work Companies are raising prices to pay the new tariffs Nicely written post, If you into trading, checkout instacryptonews, I think they follow all major coins and have instant retweets.
Source: CNBC - 🏆 12. / 72 Read more »
Oil companies say industry could take on Alberta crude-by-rail dealsExecutives at some of Canada's biggest oil producers say the private sector... Horrible idea. Pipeline is the safest way.
Source: Reuters - 🏆 2. / 97 Read more »