As earnings season kicked off last week, JPMorgan’s CFO Jeremy Barnum said on the conference call with analysts that consumers had been front-loading their spending ahead of anticipated price increases from tariffs. That scramble to buy goods showed up in the latest data on retails...
President Donald Trump has exempted electronics from his “reciprocal” tariffs, at least for now. The government announced late Friday (April 11) consumer electronic imports from China would be excluded from the steep tariffs the U.S. has imposed on that country. However electronics goods such as...
There are days when a plunge in the markets clears the air, and when sweeping global policy changes — from the top down, via the office of the president — might mark a shift in direction, but the overall path is well-charted. Thursday (April 3)...
Nvidia will procure “several hundred billion” dollars’ worth of chips and other electronics manufactured in the U.S. over the next four years, CEO Jensen Huang said. The chip designer will source these products from suppliers like Taiwan Semiconductor Manufacturing Company (TSMC) and Foxconn, which can...
April 16, 2025
As earnings season kicked off last week, JPMorgan’s CFO Jeremy Barnum said on the conference call with analysts that consumers had been front-loading their spending ahead of anticipated price increases from tariffs. That scramble to buy goods showed up in the latest data on retails sales for March, capturing a surge that notched the highest […]
April 04, 2025
There are days when a plunge in the markets clears the air, and when sweeping global policy changes — from the top down, via the office of the president —...
March 22, 2024
Walmart is looking to MacBooks to drive up its share of consumer electronics spending as Amazon continues to widen its lead in the category. The mega-retailer recently announced that it is...
August 15, 2023
Retail sales keep on chugging along. To that end, the data released Tuesday (Aug. 15) by the Commerce Department showed that consumer spending, overall, remained strong against a backdrop where...
April 27, 2025
Big tech companies may be able to weather America’s tariffs on Chinese goods. Small tech companies, The Wall Street Journal (WSJ) reported Sunday (April 27), may not be as lucky. According to that report, ongoing trade wars could mean that gadget-makers are forced to raise prices. Consumers could face empty shelves, more frequent software updates […]
April 13, 2025
President Donald Trump has exempted electronics from his “reciprocal” tariffs, at least for now. The government announced late Friday (April 11) consumer electronic imports from China would be excluded from...
March 20, 2025
Nvidia will procure “several hundred billion” dollars’ worth of chips and other electronics manufactured in the U.S. over the next four years, CEO Jensen Huang said. The chip designer will...
March 06, 2025
President Trump will reportedly meet with top U.S. tech companies facing tariff-related pressure. The CEOs of IBM, Intel, Qualcomm and HP will gather at the White House on Monday (March...