WS #13701
Senate passes bill authorizing up to 100% tariffs on India/China for buying Russian oil, escalating trade tensions. Apple plans iPhone 17 price hikes and 15% production cut due to memory chip shortage, pressuring consumer demand but boosting memory makers. CrowdStrike insiders sold $17.3M in shares; AXT director sells at $87.51 vs prior $8.41, signaling potential overvaluation.
US Sanctions and Trade War
Senate passes bill authorizing up to 100% tariffs on India/China for buying Russian oil, escalating trade tensions.
Apple plans iPhone 17 price hikes and 15% production cut due to memory chip shortage, pressuring consumer demand but boosting memory makers.
CrowdStrike insiders sold $17.3M in shares; AXT director sells at $87.51 vs prior $8.41, signaling potential overvaluation.