#InTheHeadlines Nov 3:
— ValueTheMarkets (@ValueTheMarkets) November 3, 2022
💻 Qualcomm Q1 Misses
𓇲 US and Netherlands to restrict China's access to advanced chip technologies.
🫧 Carl Icahn Builds 8% Stake Crown Holdings
🐵 $Meta introducing way for creators to make & sell NFTs on and off Instagram
Qualcomm Q1 Misses
Qualcomm (NASDAQ: QCOM) guides Q1 revenue well short of expectations, citing deterioration of the macroeconomic environment and sustained COVID-19 restrictions in China. Bloomberg
China's access to advanced chip technologies
The US and Netherlands are expected to hold fresh talks this month on restricting China's access to advanced chip technologies.
ASML Holding NV (NASDAQ: ASML) is a linchpin of the $550bn global chip industry. - Bloomberg
Carl Icahn Builds 8% Stake Crown Holdings
Carl Icahn has built a stake worth more than 8% in beverage-can maker Crown Holdings (NYSE: CCK). WSJ
Meta Creators
Meta Platforms (NASDAQ: META) is introducing a way for creators to make & sell NFTs on and off Instagram. FB
VTM Latest News:
UK poised to enact biggest interest rate hike in 3 decades
Asia stocks fall after Fed says more US rate hikes likely
Yearly inflation in Turkey rises to a new 24-year high of 85%