Money

Los Angeles Port backlogged ahead of upcoming Christmas season

Published

3 years ago

September 27, 2021

ticker NEWS

With ports across Los Angeles currently experiencing backlogs, due to the amount of cargo ships waiting to dock, how will this affect the upcoming Christmas shopping period?

Wedbush Securities’ Brad Gastwirth gave his thoughts from a technology point-of-view:

If you look at things right now, there are semiconductor shortages,” Gastwirth proclaims. “But we have had this logistics problem because of COVID closures at different ports.

“There have been closures domestically (in the United States) and across several of the major ports around the world.

“This has just added to the end-product delay.”

Gastiwrth notes there could be another effect on items being delivered, and on shelves.

“China could be limiting some production because of power,” he adds. “This could see less items on shelves.

“This could be good for OEMs, as they will not need to discount as much as they do.”

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