To The Moon

UPDATE 1-US lawmakers subpoena China telecom giants over security concernsCongressional committee seeks to force China's state-run telecom firms to report on US operations Committee says it has inform

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LOS ANGELES, April 17 - The Trump administration shielded on Thursday domestic exporters and vessel owners servicing the Great Lakes, the Caribbean and U.S. territories from port fees to be levied on China-built vessels, aiming to revive U.S. shipbuilding.The Federal Register notice posted by the U.S. Trade Representative was watered down from a February proposal for fees on China-built ships of up to $1.5 million per port call that sent a chill through the global shipping industry.Foreign roll-on/roll-off auto carriers, known as ro-ros, are eligible for refunds of fees if they order or take delivery of a U.S.-built vessel of equivalent capacity in the next three years.

Yangzijiang Shipbuilding bought back 2 million shares in the open market on Tuesday for SG$4 million, according to a same-day filing with the Singapore Exchange.The shipbuilder has been authorized to buy back around 395.1 million shares under its current mandate. To date, it has bought back 13 million shares.

China hasn’t immediately responded to the new US tariffs, a departure from the last two episodes when President Donald Trump hiked duties and Beijing hit back within minutes.As of 1:00 p.m. Beijing time Wednesday, China hadn’t announced any retaliatory action. That’s in contrast with February and March, when China announced retaliation just minutes after earlier rounds of US tariffs went into effect.Beijing could still issue its response later. China waited for more than a day before retaliating

President Donald Trump is threatening new 50% tariffs on China unless Beijing lifts its retaliatory duties on U.S. exports by tomorrow.

Veterans of the dot-com era share 5 ways to find winners.Rob Arnott and other market pros offer their best tips for finding quality names while the stock market is in red. The technology sector is bleeding red. The "Magnificent Seven" collectively lost $1.55 trillion in market capitalization this week - their largest weekly market-cap decline on record. The rest of the U.S. stock market was right there with them, with $5.6 trillion in value wiped this week.Rob Arnott, the chairman of Research Affiliates, is having flashbacks as he recalls Microsoft Corp.'s turn for the worst in 2000. The software provider was a tech darling during the dot-com era, but its pivot lower dragged down the rest of tech. It took 14 years for the stock to recover.While a good investing strategy uses qualitative and quantitative approaches, below are some simple but favored back-of-the-envelope valuations for bagging quality te

April 2 - Chinese companies including ByteDance, Alibaba Group and Tencent Holdings have placed at least $16 billion in orders for Nvidia's H20 server chips in the first three months of the year, the Information reported on Wednesday, citing two people with direct knowledge of the transactions.In February, Reuters first reported a surge in orders for the H20 - the most advanced AI processor legally available in China under U.S. export controls- driven by booming demand for Chinese startup DeepS