Money

Jaguar warns revenue loss could continue with global chip shortages

Published

3 years ago

July 7, 2021

Ticker

Iconic carmaker company Jaguar warns the global semiconductor chip shortage is only getting worse

The carmaker says deliveries in the second quarter take a hit due to ongoing supply issues.

Jaguar joins China’s biggest automaker in cutting vehicle output as a result of the crisis.

A shortage of automotive chips began in December as consumer demand for personal devices soared amid pandemic lockdowns.

Other automakers including Nissan, Hyundai, and Volkswagen have warned that shrinking inventory will continue to squeeze sales this summer.

Mercedes-Benz to take a hit

Mercedes-Benz is the world’s biggest luxury car brand. It says a lack of the semiconductor chips “significantly” impacted deliveries during the second quarter, capping its global sales increase at 27%. The shortages were particularly acute last month and the carmaker expects the supply-chain crunch to persist during the coming two quarters.

Money

Why the meme-stock frenzy is unlikely to repeat

Published

5 days ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

5 days ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

6 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending