ShreeMetalPrices: Alcoa Inc. Shocking Loss Will Worsen the Global Economy.
In response to hawkish central banks’ efforts to combat inflation, metal prices have fallen.Alcoa Inc., a US economic hegemon and the world’s largest producer of aluminium, unexpectedly posted a quarterly loss, adding to concerns about the global economy as the price of the metal. That is use in everywhere from smartphones to Automobiles, is struggling.As […]
ShreeMetalPrices: Chipmakers See ‘Breathtaking’ Demand Drop as Recession Approaches
Signs are piling up that the tech downturn may be deeper and longer-lasting than feared. Samsung and AMD both posted earnings that fell short of expectations. Recent disappointing results fuel worries that a rebound is further away. Chipmakers are warning that demand is stalling on a weekly basis after years of record capital spending. The […]