Key PointsS Squared Technology initiated 192,773 shares of Ambiq Micro in the first quarter; the estimated trade size was $5.75 million based on quarterly average pricing.
Key PointsS Squared Technology initiated 192,773 shares of Ambiq Micro in the first quarter; the estimated trade size was $5.75 million based on quarterly average pricing.
Bet_Noire/iStock via Getty Images By Padhraic Garvey, CFA , Regional Head of Research, Americas and Michiel Tukker , Senior UK & Eurozone Rates Strategist Treasuries on a holding pattern, but still tilted with an upside bias to yields President Trump's China visit is ongoing and offering a welcome break from Iran war angst. But that is what we are going right back to. The implications of the Iran ...
Bet_Noire/iStock via Getty Images By Padhraic Garvey, CFA , Regional Head of Research, Americas and Michiel Tukker , Senior UK & Eurozone Rates Strategist Treasuries on a holding pattern, but still tilted with an upside bias to yields President Trump's China visit is ongoing and offering a welcome break from Iran war angst. But that is what we are going right back to. The implications of the Iran war for US inflation have been clear in the past few days of releases for April, and while it's not the best barometer of the war's effect, export price inflation of 8.8% year-on-year is a scary enough number to at least ponder the implications of. We're in May now, and every day adds to the pressure and will continue to ratchet for as long as the standoff persists. The US 10yr hit 4.5% on Wednesday. Blipped up there, in fact. And immediately got bought. We know 4.5% is a buy level. We've talked to investors globally, some of whom don't pay huge attention to Treasuries but hold them. And for most, 4.5% is a bliss level to get in at, just as 5% is for the 30yr. So there is a bit of that in play. Ultimately, the 10yr yield managed to get down to below 4.45% early Thursday, but then edged higher through the US afternoon. The 4.45% area with an eye on an attack of 4.5% remains a defensible view ahead. Even though 4.5% on the 10yr is typically a buy signal, the opposite dynamic can also apply. Should the 10yr yield manage to break above 4.5%, it could implicate a spiral to uncomfortable levels. This is a risk that remains front and centre, as we remain in a holding pattern on the Iran war and the shuttering of the Strait of Hormuz. It seems that the US strategy is to wait and allow the pain to build within Iran. The thing is, that too inflicts pain domestically for the US. Not as much pain, more of an inflation irritant, but still a negative tilt for markets and the economy. That negative tilt is being muted by the extraordinarily upbeat tone in the tech space and the ongoing AI...
This live article is freely available to our registered users. Please log in or create an account below. Unrivalled Xi-Trump summit analysis: get real-time updates and exclusive boots-on-the-ground reporting from our Beijing and Washington bureaus. Subscribe now with great savings to stay ahead. On Friday, the final day of his Beijing trip, US President Donald Trump will again meet his Chinese cou...
This live article is freely available to our registered users. Please log in or create an account below. Unrivalled Xi-Trump summit analysis: get real-time updates and exclusive boots-on-the-ground reporting from our Beijing and Washington bureaus. Subscribe now with great savings to stay ahead. On Friday, the final day of his Beijing trip, US President Donald Trump will again meet his Chinese counterpart Xi Jinping, this time over tea and a working lunch. The two leaders are expected to...
Toyota Motor Corp. has filed for approval to build a new manufacturing facility in Texas. The site would be located in Bexar County with a total investment of $2 billion, according to a filing on Friday submitted to the Texas Comptroller of Public Accounts. The forthcoming site would create 75 new jobs, according to the document. The world’s biggest carmaker could be looking to build a new plant a...
Toyota Motor Corp. has filed for approval to build a new manufacturing facility in Texas. The site would be located in Bexar County with a total investment of $2 billion, according to a filing on Friday submitted to the Texas Comptroller of Public Accounts. The forthcoming site would create 75 new jobs, according to the document. The world’s biggest carmaker could be looking to build a new plant alongside its existing truck factory in the state, building on momentum in the US as President Donald Trump pressures carmakers to bolster domestic production. A US spokesperson for Toyota said it has nothing further to announce at this time, adding that “our production philosophy is to build where we sell and buy where we build.” “We regularly evaluate our manufacturing footprint to ensure we remain competitive and aligned with customer demand,” the company said in a statement to Bloomberg News. “This reflects our long-term commitment of investing in the North American region, local manufacturing/jobs, and suppliers.” Construction will start this year and be completed in 2029, with operations starting in 2030, according to the application.