Applied Materials, a prominent manufacturer of semiconductor-manufacturing equipment, may experience a substantial letdown alongside other chip-related stocks in the upcoming year, as suggested by Susquehanna's analysis. Neutral Rating for Applied Materials Shares Analyst Mehdi Hosseini recently reiterated a Neutral rating for Applied Materials shares (ticker: AMAT) and … [Read more...] about Applied Materials Faces Disappointment in Chip Market
Forex News
Australian Consumer Sentiment Falls as Interest Rates Rise
The recent increase in Australian interest rates has led to concerns among consumers about their household finances and the rising cost of living. As a result, consumer sentiment has sharply declined in November, reaching deeply pessimistic levels. The Westpac-Melbourne Institute Index of consumer sentiment dropped by 2.6% to 79.9 in November, down from 82 in October. This … [Read more...] about Australian Consumer Sentiment Falls as Interest Rates Rise
DP Poland Reports Strong Growth in Sales
London, November 2, 2021 DP Poland, the operator of Domino's pizza stores and restaurants in Poland and Croatia, announced impressive growth in total system sales in both markets. The company expects this positive trend to continue. In Poland, sales for the third quarter reached 55.0 million Polish zloty ($13.3 million), demonstrating a notable 7.1% increase compared to the … [Read more...] about DP Poland Reports Strong Growth in Sales
Challenges of Clean Energy Transition
A recent survey conducted by Womble Bond Dickinson reveals that the world's transition towards a clean-energy future is not without its challenges. The report, titled the 2024 Energy Transition Outlook Survey, highlights the primary obstacle as cost and economic impact. According to Jeff Whittle, head of WBD's Global Energy and Natural Resources Practice, achieving net-zero … [Read more...] about Challenges of Clean Energy Transition
Siemens Energy Receives €7.5 Billion Government Guarantee
The German government has taken steps to support Siemens Energy by granting the company a 7.5 billion-euro guarantee. This guarantee is part of a larger package totaling €15 billion, aimed at strengthening Siemens Energy's balance sheet and ensuring the continuity of its long-term projects. In collaboration with Siemens and private banks, the government has been engaged in … [Read more...] about Siemens Energy Receives €7.5 Billion Government Guarantee