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- Wall Street ends higher as tech rebounds before Nvidia results
- Oil settles down more than 3%; investors shrug off US sanctions on Iran
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- Grand Canyon Education places CFO on leave amid stock trade probe
- Wattmore and Eos Energy strike non-exclusive storage software deal
- S&P 500, Nasdaq end down on tech stocks, investors weigh Iran moves
- Six Flags to move headquarters from Charlotte to Arlington, Texas
- Funds sell $44bn in semiconductors on AI concerns
Is the shift to high-end or AI phones losing momentum
November 8, 2024 11:00 PM ESTBernstein analysts said in a note Friday that there is a potential slowdown in China's shift toward high-end and AI-enabled smartphones, raising questions about the markets future trajectory.
Despite recent government stimulus efforts aimed at boosting demand, the firm explains that the trend toward premium segments, including sub-flagship ($560-850) and flagship ($850 and above) categories, has notably decelerated.
The rising mix of sub-flagship (US$560-850 (RMB 4000-5999)) stopped first in... More
Tesla (TSLA) Jumps to HOD, +8% Today
November 8, 2024 1:12 PM ESTTesla (NASDAQ: TSLA) Jumps to HOD, +8% Today
... More