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IMF Says US Needs Fiscal Measures Beyond Growth to Fix Deficit and Debt

The International Monetary Fund said the US will need additional fiscal consolidation measures beyond economic growth to address rising debt and budget deficits. IMF Managing Director Kristalina Georgieva, speaking at the IMF-World Bank annual meetings in Bangkok on October 14, said US authorities a
Bloomingbit·24m ago
IMF Says US Needs Fiscal Measures Beyond Growth to Fix Deficit and Debt

Nvidia's China AI Chip Share Drops to 34% as Huawei Reaches 28%

Nvidia Corp. held a 34% share of China's AI accelerator market in the first half, while Huawei Technologies Co. reached 28%, according to IDC. U.S. semiconductor export restrictions limited the advanced AI chips Nvidia could supply to China, while China's government promoted domestic chip use and re
NVDA0.92%
BABA0.05%
BIDU-0.58%
Bloomingbit·34m ago
Nvidia's China AI Chip Share Drops to 34% as Huawei Reaches 28%

Ray Dalio Identifies US Treasury Rollover as Biggest Bond Market Risk

Ray Dalio, founder of Bridgewater Associates, the world's largest hedge fund, identified the rollover of US Treasury debt as the biggest risk in the American bond market in a blog post on the 14th. Dalio stated that while discussions of Treasury funding focus on fiscal deficits and new debt
GateMacroTradfiHub·38m ago
Ray Dalio Identifies US Treasury Rollover as Biggest Bond Market Risk

ASML Q3 Net Profit Beats Consensus by 20.7% at 4.96 Billion Euros

ASML, the world's largest semiconductor lithography equipment company, reported Q3 net profit of 4.96 billion euros on October 14 (local time), exceeding market consensus by 20.7% and delivering an earnings surprise. The company posted total Q3 revenue of 11.662 billion euros, in line with market ex
ASML-1.88%
GateMacroTradfiHub·38m ago
ASML Q3 Net Profit Beats Consensus by 20.7% at 4.96 Billion Euros