May Factory Orders: -0.5% to $583.1B vs. +0.2% consensus and +0.4% in April (revised down from +0.7%). Factory orders excluding transportation also fell –0.7%, compared with the 0.3% consensus and the 0.5% rise in the prior month, which was revised from +0.7%. Unfilled orders, up forty-six consecutive months, increased $3.1BContinue Reading
Jul. 01, 2024 1:49 AM ETFXI, PGJ, EWH, CAF, GXC, TDF, CHIQ, YINN, YANG, CQQQ, MCHI, CXSE, KWEB, ASHR, KBA, CWEB, KUREBy: Meghavi Singh, SA News Editor Igor Kutyaev The Caixin China General Manufacturing PMI in June reached its highest level in over three years, slightly above market expectations toContinue Reading
With an eye on more efficient production as it prepares to roll out its first all-electric vehicle, Ferrari (NYSE:RACE) unveiled its €200M new factory in its hometown of Maranello, Italy, equipped with white robots operated by employees dressed in Ferrari red. While the factory will produce internal combustion engine (“ICE”)Continue Reading
