Caroline bitcoin hits a fresh record since its peak in november 2021. We will have coverage of the market and those meme coins in the rush. Lets first check in on these markets. Bitcoin is up, but the rest of the market trying to digest some of the runup we have seen. We focus in on mixed Economic Data today. The u. S. Showing some Services Weakness and we look ahead to testimony from jay powell, his semiannual experience in terms of the politicians. What will the grilling mean . How much will he be reticent to say that they are looking at those rate cuts anytime soon . We are looking at 1. 8 down. I want to focus on what is happening in china, the tradenames in the United States with a Golden Dragon index, off by 1 as we see a Growth Perspective coming from china. How will they get there . That ultimately what is the debt they are going to be fueling in terms of the focus on a i, on technology coming from china . Not enough to buoy the stocks and chinese names. Looking at the 10year y
Earnings season kicks off this week. From new york, im alix steel with guy johnson in london. I do wonder what the catalyst will be this week to be honest. Guy i dont know what this week will be about. Is it going to be about the fed and yields . We have acres of fed speak. Is it about what happens in israel . We are all anticipating that we will see some sort of a Ground Invasion of gaza. Or will it be about earnings . So much going on this week, it is hard to pin down what the catalyst could be. Alix that is why i found the apple story so interesting overnight. We have not talked about china in a while. The china risk when it comes to certain sectors. Some that we know, some that we dont. How do you price that in . Guy you wonder if the earnings season means we will have to revisit this. We did this with the lvmh earningsn noticed a clear slow down. Why there is that slowdown remains an omen open question. You bring up apple which is fascinating. Reports that the latest iphone is not
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27 December 2020, 11:17 pm EST By
MediaTek has surpassed Qualcomm as the top smartphone chip manufacturer and vendor this year, after pulling off a massive turn in 2020 s third quarter with control over 31 percent on the market. The company is the lesser-known one compared to Qualcomm in terms of smartphone processors but has now made a dent in the industry and establishing its name.
(Photo : MediaTek)
It was impossible to imagine that Qualcomm would be surpassed in terms of smartphone chips in the market as the most known brands and companies rely on the American multinational semiconductor company. However, that changed as the Taiwanese MediaTek have rattled the market and took the crown from Qualcomm this year.