Trending tickers: Nvidia, Oracle, Alibaba, TSMC and Ashtead [Yahoo! Finance]
ASHTED GRP PLC UNSP/ADR (ASHTY)
NASDAQ:AMEX Investor Relations:
ashtead-group.com/investorcentre/default.aspx
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Source: Yahoo! Finance
The investigation of Nvidia suspects the company of breaking anti-monopoly law and is also set to probe its 2020 acquisition of Mellanox, which was approved by China's State Administration for Market Regulation under the condition that the chipmaker avoid discriminating against Chinese companies. Read more: FTSE 100 LIVE: Markets lower as Reeves pledges 'iron fist' on wasteful spending An Nvidia spokesperson said on Monday: "We work hard to provide the best products we can in every region and honour our commitments everywhere we do business. We are happy to answer any questions regulators may have about our business." The investigation comes a week after president Joe Biden's administration launched semiconductor export restrictions, aimed at limiting China's access to US chips. Danni Hewson, head of financial analysis at AJ Bell ( AJB.L ), said: "It's another sign of continued tension between the US and China which has put chipmakers up front as potential pawns in what seems
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News
- British start-up attacks London stock market as it reveals plan to delist [Yahoo! Finance]Yahoo! Finance
- Britain’s Issa Brothers Looking Into $14 Billion IPO In The U.S. [Forbes]Forbes
- Directors’ Deals: Ashtead chief increases stake as shares struggle [Financial Times (FT.com) (UK)]Financial Times
- Stockpickers: China remains the watchword for luxury goods [Financial Times (FT.com) (UK)]Financial Times
- Ashtead Group plc (OTCMKTS: ASHTY) was downgraded by analysts at The Goldman Sachs Group, Inc. from a "strong-buy" rating to a "hold" rating.MarketBeat