What's the significance of this backflip. Well, it's a really interesting one, actually, because I think you need to put it in the context of exactly how long it was in place. I mean, it was only at the end of May that US officials sent out these letters to two leading chip design software firms and asked them to stop selling their technology to China.But just this morning we had the announcement from Siemens. They led the charge, of course, the German company, by putting out a statement and saying that, in ...

Meanwhile, Intel shares 4% lower after Reuters report that the chipmaker is considering a major change to its foundry business. CEO Lift Boutan reportedly exploring a shift away from the company's 18A manufacturing process due to fears that it cannot compete with Taiwan Semi's offering. Intel would instead focus on its 14A process, which it hopes will be more competitive in luring new customers.Stacey Rasen is managing director, senior semiconductor analyst at Bernstein. He's got a market perform rating and ...

The ADP private-sector jobs report showed a surprising decline in June as employers reduced payrolls. The news comes just before the government's official U.S. job report. https://t.co/5RuimyXCfw ...

[Music] I believe that real change happens when you see you need that to the best of your ability irrespective of any limitation you may face or any circumstances that may be holding you down. Growing up, I've always known me. My mom always told me about how I'm a child of parents. She lost two of her twins to premature birth. They were born at 7 months. And those days, you know, maybe she didn't have enough knowhow to keep them to survive. And she died after 7 days. When she went pregnant for me, she gave ...

Gig Economy Overview - The gig economy is driven by necessity, offering opportunities for income generation and pursuing personal dreams [2] - Redefining success beyond the traditional "Ugandan dream" of education, employment, family, and home ownership is crucial [4][5] - The gig economy provides independence and control over work structure, schedule, and business management [10][11] Challenges and Requirements - Thriving in the unstructured gig economy requires ethics, personal discipline, and financial literacy [12][13][14][15][16] - Continuous learning and a growing skill set are essential to adapt to the fast-paced nature of the gig economy [20][21][22] - Individuals must be open to adapting, learning, and seizing opportunities to succeed in the gig economy [28] Economic Landscape in Uganda - Only 1% of the working population in Uganda earns over 1 million Ugandan shillings, highlighting economic disparity [8] - Approximately 49% of the working population in Uganda earns less than 150,000 Ugandan shillings per month, indicating widespread low income [8][9] - The informal nature of the Ugandan economy necessitates strategies for individuals to improve their financial standing [10] Shifting Workplace Trends - The workspace is evolving, with a growing trend of companies hiring freelancers and contractors [28][29] - Shared workspaces are becoming increasingly prevalent, reflecting the adoption of the gig economy across various sectors [30][31] - In the gig economy, personal brand and reputation are critical, as individuals become synonymous with their work [32]

Equity Research China (PRC) | Industrials June 28, 2025 JEF Industrial AI+ Expert Day: Nuclear Fusion We invited Mr Wei Dong, a nuclear fusion expert, to our Industrial AI+ Value Chain Expert Day on 23th Jun. Nuclear Fusion has the highest power intensity among all forms of power gen tech. Despite decades of R&D, we are still in early stage, and expert expects we may start generating power with nuclear fusion by 2035, with certain economic viability by 2045. Commercialization is progressing orderly, while t ...

Financial Data and Key Metrics Changes - The company affirmed its full-year beer revenue growth outlook despite industry weakness observed in May and June, indicating confidence in achieving guidance [10][12] - The first quarter was described as normal, with a depletion decline similar to the previous quarter, and the company expects sequential improvement as it moves into easier comparisons [11][12] - The impact of incremental tariffs is projected to be around $20 million, with a 20 basis point hit to margins, but the company believes it can still deliver margins in line with previous guidance [14] Business Line Data and Key Metrics Changes - The company is focused on maintaining strong brand health metrics and loyalty among consumers, particularly within the Hispanic demographic, which constitutes a significant portion of its business [19][20] - Marketing investments were higher in Q1 due to seasonality, with a focus on high-impact events to strengthen brand presence [27][28] - The introduction of new products like SunBrew and adjustments in pricing strategies are aimed at capturing market share in the high-end light beer segment [33][57] Market Data and Key Metrics Changes - The company reported high single-digit share gains in the market, indicating a positive trend in brand performance despite overall market challenges [21][52] - The competitive landscape has intensified, with increased marketing activities from competitors, particularly in the high-end light beer category [25][57] - The company is seeing a consistent percentage of alcohol in consumer baskets, despite overall basket sizes shrinking due to economic concerns [20] Company Strategy and Development Direction - The company is committed to controlling its controllables, focusing on distribution and price pack architecture to adapt to consumer spending behaviors [52][54] - There is an ongoing emphasis on innovation, with new product introductions expected to contribute significantly to growth [33] - The company is exploring opportunities for diversification in its portfolio, particularly in the non-alcoholic sector, which has gained traction since the last investor day [32] Management's Comments on Operating Environment and Future Outlook - Management acknowledged macroeconomic uncertainties, including inflation and unemployment, but expressed confidence in the brand's resilience and consumer loyalty [12][13] - The company anticipates a return to more normal consumer behavior as socioeconomic conditions improve, particularly for its Hispanic consumer base [40][41] - The rebuilding efforts following California wildfires are expected to provide a long-term tailwind, although short-term challenges remain due to macroeconomic factors [61][63] Other Important Information - The company has implemented a robust hedging policy to manage currency and commodity risks, particularly concerning the peso [47][49] - The management highlighted the importance of maintaining strong relationships with consumers and adapting to their changing needs in the current economic climate [20][54] Q&A Session Summary Question: Confidence in beer revenue growth outlook and margin guidance - Management confirmed confidence in the unchanged full-year beer revenue growth outlook, noting that the quarter was as expected despite consumer concerns [10][12] Question: Impact of socioeconomic factors on consumer behavior - Management indicated that while occasions for beer consumption have decreased, interest in beer remains strong among consumers, suggesting a potential return to normalcy [40][41] Question: Marketing strategy and competitive landscape - Management discussed increased marketing investments and the competitive landscape, emphasizing the strength of their brands and loyalty among consumers [25][27] Question: Pricing environment in beer - Management acknowledged additional price promotions in the market and indicated adjustments in their pricing strategy to capture share in the high-end light beer segment [57] Question: Rebuilding after California wildfires - Management noted that rebuilding efforts would create job opportunities and potentially boost beer consumption, with this upside factored into their guidance [61][63]

Boa tarde, pessoal. Desculpa pela mudança, tá? Mas vamos lá, vamos começar, né? Bom, eh, eu nasci em Palmares, cidade bem pertinho ali de Pernambuco, ali, certo? pertinho de Recife, dentro de Pernambuco. 13 anos meu pai, ele foi transferido para trabalhar em Juazeiro do Norte. Então, viemos pai, mãe, eu, meu irmão. Daí a vida começou a dar uma bagunçada, né? Sabe por quê? Porque meu pai, ele acabou recebendo a aposentadoria dele e fez uma besteira que os aposentados fazem, que é o empréstimo. Daí acabou o d ...

Group 1 - The ADP private-sector payrolls for June reported a decline of -33K, marking the first negative reading since March 2023, significantly below the expected +100K and the revised +29K from the previous month [1][3] - Goods-producing jobs increased by +32K, while services jobs saw a decline of -66K, with notable losses in Professional/Business Services (-56K) and Education/Healthcare (-52K) [2] - Large companies (over 500 employees) added +30K jobs, whereas small businesses (fewer than 50 employees) lost -47K jobs, and medium-sized firms lost -15K jobs [3] Group 2 - The last negative ADP reading occurred in March 2023, during a different economic context with the Fed raising interest rates to over 5% and an inflation rate of 5.0% [4] - The current job losses are primarily in white-collar sectors, which may not be directly linked to the White House's deportation campaign of undocumented immigrants [5] - The upcoming expiration of reciprocal tariff initiatives could impact future payrolls, with a potential recovery dependent on new trade deals or a continuation of tariff pauses [6] Group 3 - The trailing four-month average private-sector job growth is only +51K, insufficient to cover new retirees, compared to an average of +162K per month over the previous eight months [7]

A self-employed person is an independent contractor or sole proprietor who reports income earned from self-employment. https://t.co/gwBrXyRItW ...