Tag Archives: China

TipRanks Analysts Say ‘Buy the Dip’ in These 3 Stocks Smart stock investing shouldn’t be emotional, but investors are only human, after all, making it difficult to follow a rational trading strategy. Investors should remember the advice of Warren Buffett: “We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.” What Buffett is advocating is the oldest of market advice: buy low and sell high. Taking this into consideration, we set out on… Source link

(Bloomberg) — Pony Ma’s Tencent Holdings Ltd. has been put on notice. Asia’s largest conglomerate was censured by China’s antitrust watchdog on Friday as Beijing expands a crackdown that began with Jack Ma’s online empire. The token fine is just the beginning. China’s top financial regulators see Tencent as the next target for increased supervision after the clamp down on Jack Ma’s Ant Group Co., according to people with knowledge of their thinking. Like Ant, Tencent will probably… Source link

Topline Former Google CEO Eric Schmidt on Sunday urged lawmakers to ramp up funding for research and development in the artificial intelligence space in order to prevent China from becoming the biggest player in the global AI market–a development Schmidt warned would spark national security and privacy concerns that could ultimately constitute a national emergency. Eric Schmidt speaks during a National Security Commission on Artificial Intelligence (NSCAI) … [+]… Source link

Experts’ fears that people in wealthier countries will be vaccinated before those in poorer nations are coming to fruition. And the inequity could further pressure the global economy, according to a recent study supported by the International Chamber of Commerce. “Should countries continue to pursue an uncoordinated approach to vaccine distribution, the world risks global GDP losses in 2021 alone of as much as US $9.2 trillion,” the study said. Health officials around the world have criticized… Source link

Former U.S. Secretary of State Mike Pompeo on the threat of the Chinese Communist Party, the obligation for the U.S. to help Taiwan and extending the nuclear treaty with Russia. An artificial intelligence commission led by former Google CEO Eric Schmidt is urging the U.S. to boost its AI skills to counter China, including by pursuing “AI-enabled” weapons – something that Google itself has shied away from on ethical grounds. Schmidt and current executives from Google, Microsoft, Source link

TipRanks Billionaire Ray Dalio Places Bet on 3 “Strong Buy” Stocks When billionaire financier Ray Dalio makes a move, Wall Street pays attention. Dalio, who got his start working on the floor of the New York Stock Exchange trading commodity futures, founded the world’s largest hedge fund, Bridgewater Associates, in 1975. With the firm managing about $140 billion in global investments and Dalio’s own net worth coming at $17 billion, he has earned legendary status on Wall Street. Summing… Source link

President Joe Biden speaks about his administration’s response to the coup in Myanmar in the South Court Auditorium on the White House complex, Wednesday, Feb. 10, 2021, in Washington. (AP Photo/Patrick Semansky) Does anybody remember the “phase one” trade deal the Trump administration struck with China a little over a year ago? It’s still in effect, and it’s not turning out to be a very good deal. Former President Trump and his trade negotiators inked the phase one deal on Jan. 15,… Source link

Former National Security Council chief of staff weighs in on ties between Huawei, US educational institutions. A group of tech and policy leaders including former Google CEO Eric Schmidt is warning that China is “surging to overtake the United States in critical areas.” The group called the China Strategy Group published a memo obtained by Axios that proposes a number of “urgent policy solutions” that “position the United States to out-compete China” without inciting more tension or… Source link

TipRanks J.P. Morgan: 2 Auto Stocks That Can Charge Forward in 2021 The US auto industry is looking up, despite the COVID pandemic – and that has car watchers and Wall Street analysts alike moving toward a cautious optimism. Customers are starting to buy cars again, as shown by Toyota Motor’s December figures: The company reported sales of 249,601 vehicles, up 20.4% year-over-year. Now, with vaccination rates increasing and better spring weather just a couple of months away, the car… Source link

National Review The Bill Is Coming Due for China’s ‘Capitalist’ Experiment The Chinese Communist Party (CCP) has re-awoken to a profound truth: Rich, secure capitalists are the natural enemies of authoritarian regimes. In a hybrid autocratic-capitalist model, capitalism is the means to generate wealth, but power is the end goal. Successful capitalists naturally begin to demand that their personal and property rights be protected from authoritarian fiat. Capital in the hands of… Source link