Tag: United States Secretary of the Treasury

BusinessInnovationTechnology

Market Jitters Grow as Tech Stocks Falter and Retail Sentiment Softens, Analysts Warn

Tech stocks face pressure from disappointing earnings and geopolitical trade threats, with retail investors showing signs of retreat. However, some analysts suggest any selloff could present buying opportunities in resilient sectors.

Tech Earnings Disappoint, Triggering Stock Declines

Recent earnings calls from major technology companies have reportedly failed to meet market expectations, contributing to stock declines across the sector. According to reports, Netflix shares fell approximately 6% following its third-quarter earnings call, while SAP stock dropped 1.6% this morning despite what analysts described as a solid AI revenue pipeline.

by Liam Dorsey
PolicyTrade

US-China Trade Officials to Convene in Malaysia Amid Escalating Tariff Tensions

High-level trade negotiations between US and Chinese officials are set to continue in Malaysia as both countries seek to prevent further tariff escalations. The meeting follows a frank video discussion between Treasury Secretary Scott Bessent and Vice Premier He Lifeng regarding bilateral trade tensions. With existing tariff agreements expiring November 10, both sides are racing against the clock to find common ground.

High-Stakes Trade Talks Scheduled in Malaysia

US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng will meet in Malaysia next week in an effort to de-escalate trade tensions between the world’s two largest economies, according to official announcements from both governments. The in-person meeting follows what both sides described as frank discussions during a Friday video call, with sources indicating the officials addressed the unsustainable nature of current trade restrictions.

by Liam Dorsey