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Home > Latest

Wedbush: Trump's pressure may not be effective, Apple's iPhone production difficult to leave China and India.

date
17/05/2025
According to Zhithong Finance APP, Wedbush stated that despite President Trump's pressure to stop building factories in India, Apple (AAPL.US) and its manufacturing partners may still keep the production center of iPhones in India and China.
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The Federal Aviation Administration (FAA) said a US airline flight made an emergency landing in Nashville after the flight crew reported hydraulic issues with the Boeing 737-800 aircraft.
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The Federal Aviation Administration (FAA) of the United States reported that a flight of an American airline landed in Nashville after the crew reported hydraulic issues with the Boeing 737-800 aircraft.
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CFTC: As of the week ending on May 13, American speculators increased their net short positions on the S&P 500 Index CME by 31,350 contracts.
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CFTC: As of the week ending on May 13, speculators increased their net short positions in CBOT US 2-Year Treasury Note futures by 1,439 contracts.
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Jitania Kandhari, Chief Investment Officer of Morgan Stanley Investment Management, said in an interview that the recovery of the US dollar earlier this week was a "counter-trend rebound" and its fundamentals still point to a decline. "This is a counter-trend rebound, but the long-term fundamentals still indicate that the US dollar will continue to fall, possibly depreciating by another 6% this year." American investors need time to diversify from domestic assets because "there is a strong domestic bias among American investors," but the clients she interacts with are actively inquiring about other regions in the world to find opportunities. She is currently bullish on the Euro, Yen, and emerging market currencies.
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