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Market Forecast

All articles tagged with #market forecast

Memory and SSD Shortages to Drive Up Smartphone and PC Prices in 2023

Originally Published 26 days ago — by theregister.com

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Source: theregister.com

Rising memory chip costs are threatening the smartphone industry's recovery, leading to higher production costs and potential declines in shipments, especially affecting budget and mid-range devices, as consumers show reluctance to pay more for marginal upgrades.

Stock Market Resilience Amid Ongoing Government Shutdown

Originally Published 3 months ago — by CNBC

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Source: CNBC

Stock futures remained stable after a record-setting week on Wall Street, despite a ongoing U.S. government shutdown that delayed key economic data. Investors are optimistic about the market's resilience, with some analysts predicting the S&P 500 could reach 7,000 by year-end, viewing the shutdown as a temporary issue. Federal Reserve officials are also scheduled to speak this week, adding to market anticipation.

Post-Tax Credit Era: The Future of Electric Vehicles

Originally Published 3 months ago — by InsideEVs

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Source: InsideEVs

The federal EV tax credit has expired, leading to a short-term decline in EV demand and potential industry adjustments, but long-term growth in electric vehicle adoption is expected to continue due to technological improvements, falling costs, and global market pressures, despite slower growth forecasts and some automaker cancellations.

End of EV Tax Credits Sparks Industry Concerns and Price Changes

Originally Published 3 months ago — by Bloomberg.com

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Source: Bloomberg.com

GM, Hyundai, and Ford are extending EV discounts after the expiration of a $7,500 federal tax credit to maintain sales momentum, with Hyundai also lowering prices on certain models. Despite these efforts, EV sales are expected to slow in the US due to policy changes, high prices, and infrastructure issues, with some automakers adjusting their strategies to cope with the evolving market landscape.