U.S. chip lobby presses Biden to refrain from further China curbs
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
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- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- One killed, three injured when man attacks Swedish school with sword
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
Stellantis (STLA) secures $11.2B in semiconductor chip contracts
July 18, 2023 1:31 PM EDTStellantis (NYSE: STLA) made an announcement Tuesday stating that the Dodge Chrysler-parent has successfully entered into contracts with several semiconductor manufacturers to guarantee the flow of vital chips for electric vehicles and high-performance computing functions. The contracts are worth approximately 10 billion euros ($11.2 billion)... More
