Breaking News

Consumers and CFO expect a recession in the US


Forever 21 store in New York, March 2025.

Yuki iwamura | Bloomberg | Getty Images

The shadow of American recession grows and darkens the odds of both consumers and CFOs, according to various surveys that accompany feelings in March. Accordingly, Wall Street has increased in the last three days – maybe investors are cautiously optimistic that President Donald Trump will alleviate his attitude on reciprocal tariffs.

Through the Ribnjak, a German SAP software manufacturer, riding a wave of stock gains, he took the crown of the most respected companies in Europe-now increased by almost 10% this year. Meanwhile, in China, the electric vehicle manufacturer by Byd overcame Tesla in annual revenues.

However, the US takes such a central role in the global financial and economic system that if the recession occurs, it would undoubtedly have widespread consequences. Companies like SAP BYD, despite being enjoying good running this year, may not be able to escape from the unrest on the other side of the ocean.

What you need to know today

American stocks out of small gains
On Tuesday,
S & P 500 added 0.16%, Dow Jones industrial average marked 0.01% and Nasdaq composite It grew 0.46%. That was Third straight positive session for all three indexes. Asian-Pacific markets climbed on Wednesday. Australian S & P/Asx 200 It increased by 0.71% on the fact that the inflation in the country slowed down 2.4% in February, which is a decline from January 2.5% and below the expectations of economists in the Reuters survey.

Consumers lose their confidence
Conference committee index Consumer’s confidence of USA slid to 92.9a drop of 7.2 points and the fourth consecutive monthly contraction. It is also lower than 93.5 readings that are expected to research economist Dow Jones. The measure for future expectations dropped 9.6 points to 65.2, which is the lowest reading in 12 years and significantly below level 80, which is considered a recession signal.

Fears of falling on the horizon
Other surveys also register increased fears of recession. About 60% of CFOs expect the US Recession in the second half of the yearAccording to the latest quarterly research by CNBC CFO Council. Separate Deutsche Bank poll showed that the likelihood of a Growth fall over the next 12 months is about 43%passing by an average view of 400 respondents from March 17 to 20.

Appendices to the American “Entitet List”
The US Office for Industry and Security of the Ministry of Trade on Tuesday added 80 organizations, with more than 50 from Chinaon the “entity list”. US companies need government licenses to deliver items to companies on the list. Chinese subjects were directed because of their alleged involvement in the development of advanced artificial intelligence, supercomputers and high -performance AI chips for military purposes, the department said.

Byd revenues explode past Teslin
Chinese car manufacturer Byd reported Annual revenue of 777 billion Juan ($ 107 billion) for 2024In the application published on Monday. Assisted by the sale of hybrid vehicles, this figure represents a 29% increase in revenue compared to the previous year – and exceeded the annual revenue of $ 97.7 billion reported by Elon Musk reported Tesla. Application submitting comes shortly after byd announced The new battery technology for which the hard can fill EVS within five minutes.

SAP surpasses the new Nordisk
Maderka Software SAP has become European most valuable company this week. The German company had a market capitalization of about $ 343.3 billion to Tuesday, according to LSEG, and the shares increased by 1.33% a day and more than 40% in the last year. SAP occupies a place as a European most valuable company from Novo NordiskDanish pharmaceutical giant known for his Weight management medicines Orempic And Wegovy.

[PRO] A real culprit of Tesla’s fall?
Tesla’s stock has sank in recent weeks – although in the last two days she has compared some losses – with many attributing to the beating of director Elon Musk in Washington, however, DC, Piper Sandler’s Investment Bank A real culprit that pulls the Tesla shares can be found elsewhere – which explains Bikov’s view of the company EV.

And finally …

Sundar Pichai with one of Google’s quantum computers in the Santa Barbara lab in California in October 2019.

Brochure. | Reuters

Google Quantum EXC says Tech ‘is 5 years since real breakthrough’

Julian Kelly, director of the Google Quantum AI hardware, told CNBC’s Deirdre Bosa that the quantum computer can be close and will be able to do top physics and potentially generate new types of data.

“We think we are about five years from the right breakthrough, a type of practical application that you can only solve on a quantum computer,” Kelly said in an interview on Tuesday.

Google’s most advanced quantum computer has a 105 QUBITA or a basic construction block of quantum computer, while experts say it will require a million or more quit for useful applications.

“Quantum computers speak quantum mechanics – they can approach the way the universe works at the most basic level,” Kelly added.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Social Media Auto Publish Powered By : XYZScripts.com