Money

No end in sight for global chip shortage

Published

3 years ago

August 11, 2021

There seems to be no end in sight for the global chip shortage as wait times extend to as much as 20 weeks significantly delaying critical industries.

New research has found that the time between ordering a chip and receiving one has extended by more than 8 days when compared to last month the longest wait time since data began being tracked in 2017.

These delays are having a significant impact on many critical industries, including car manufacturers, industrial equipment and home electronics producers.

BMW faces chip shortage — The motor vehicle industry is feeling the greatest pinch from the shortage.

But it is the motor vehicle industry that is feeling the greatest pinch – which is expected to lose $100 billion in sales due to the inability to make cars.

Other tech giants like Apple, Microsoft and Samsung are also unable to keep up with consumer demand for their products.

It comes as the Biden administration moves to secure on-shore chip manufacturing plants in a bid to end this worldwide shortage.

Money

Why the meme-stock frenzy is unlikely to repeat

Published

6 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

6 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

7 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