$AAPL is offering investment in Indonesia for a lift in sales ban. I wonder why more countries don’t do this to big tech services. More importantly, Ukraine hit Russian territory with a US missile. Seems like landscape may be just ripe enough for a treaty when Trump comes. There’s a a self-fulfilling prophecy aspect that’s hard to ignore. Game theory wise.
• Ukraine Fires First Western-Made Missile on Russia, Report Says
• Stocks Fall as Russia-Ukraine War Rattles Traders: Markets Wrap
European equities slip. Yields fall as money flees to safer assets.
• Why US Will Let Ukraine Strike Inside Russia With American Missiles
ATACMS is an American made supersonic guided missile capable of reaching 300km. People say this is US response to North Korean troops in battlefields. Biden could also want to make progress before Trump administration begins.
• China’s Chip Advances Stall as US Curbs Hit Huawei AI Product
Huawei cannot get ASML’s latest UV lithography machines. TSMC is making 2nm chips for Apple and Nvidia, while SMIC is struggling with 7nm order from Huawei.
• Morgan Stanley, Goldman Call for Greater China Transparency
Solomon expressed difficulty in getting capital out of China in the past five years.
• Walmart Raises Outlook on Strong Spending From Value-Seekers
• HK Jails Benny Tai for 10 Years in Longest Security Law Sentence
• Jimmy Lai Must Not Be Forgotten. Say His Name
• Apple Offers $100 Million to Undo Indonesia iPhone 16 Ban
• Shoppers Are Ditching Classic Brands They Once Loved
• Ken Griffin Says He’s ‘Very Anxious’ About Trump’s Tariff Policy
Says it’ll be a slippery slope profitable in the short run but damaging in the long run.
