Chinese telecom device maker Huawei announced that during the first six months of 2016, the company achieved operating revenue of CNY245.5 billion, which was about USD37 billion, representing a year-on-year increase of 40%. As the world's third largest smartphone brand, Huawei realized fast operating revenue growth which was contributed by its upgraded smartphone and network devices that helped the company offset negative effects caused ...
Every now and then, the rumor mill gets a big one really, really wrong. For over a year, conventional wisdom has predicted that AMD would win the Nintendo NX contract and cement its hold on the console industry. Rumors that Nvidia had sniped the win began surfacing several months ago, and now Eurogamer has seemingly confirmed them with input from multiple sources. Nintendo’s NX will be powered ...
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Trading the News: U.S. Non-Farm Payrolls Another 180K expansion in U.S. Non-Farm Payrolls (NFP) accompanied by a downtick in the jobless rate may boost the appeal of the greenback and trigger further losses in EUR/USD as it puts pressure on the Federal Open Market Committee (FOMC) to further normalize monetary policy in 2016. What’s Expected: Why Is This Event Important: Even though Fed Funds ...
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