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04/09/2025
US Treasury Secretary Mnuchin talks about the market's reaction to Trump's pressure on the Federal Reserve: "The drama is yet to come."
Latest
2 m ago
Mobile phone manufacturers are launching new products intensively. This year, 5.88 million units of foldable screen phones have already been sold.
2 m ago
This afternoon, Huawei held its autumn new product launch event in Shenzhen, with the starting price of the new Huawei folding screen phone set at 17,999 yuan, 2000 yuan lower than the first-generation product. Industry insiders believe that this pricing strategy is not only related to a more mature industry chain and cost reduction but also aimed at increasing the competitiveness of the new device. Compared to the first-generation three folding screen phone released last year, the new phone is equipped with a stylus and has been upgraded in terms of chip, imaging, and for the first time supports downloading PC applications on mobile phones. At the same time, Samsung, Apple, OPPO, Xiaomi, Honor, and other manufacturers have also announced their plans to release new phones in the autumn, with the fourth round of state subsidies expected to be distributed in October as the peak season for electronic product consumption approaches. In addition, folding screens have become the most promising breakthrough in the mobile phone industry. Currently, mainstream phone manufacturers except for Apple have released multiple folding screen phones. Data shows that as of August 24, this year, the sales of folding screen phones in the Chinese market totaled 5.88 million units, a year-on-year increase of 26%, and the penetration rate of folding screen phones has increased to 3.2%. (CCTV Finance).
2 m ago
In Thursday morning trading, Rocket Lab's stock price rose slightly by 1.4%. The stock had dropped significantly by 11.7% yesterday, as the market reevaluated the valuation of this aerospace company rationally.
3 m ago
Federal Reserve Board nominee Stephen Moore: If confirmed, will act independently.
3 m ago
Wang Huning meets with Congolese President Sassou.
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