The French regulators are limiting most telecom operator licenses for Huawei 5G equipment to 3 or 5 years. They add:
The UK impose similar actions and China has threatened to retaliate in response.
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MANH, CELH, HRI tumble on weak growth & margins. MANH at 7.1x P/S, CELH 20.8x P/E, HRI 12.9x P/E.
S&P 500 dividend yield hits 50-yr low (1.24%) as Big Tech favors growth over payouts.
OXY surged 22.5% on oil prices & efficiency gains. Analysts upgrade, debt paydown potential high if oil stays above $100.
FDP's flat sales & 13.3x P/E raise flags. AHCO's EPS fell 6.4% annually. VAL's sales decline 5.3%.
Rocket Lab (RKLB) shows strong revenue ($403M) but net loss ($200M); higher P/S than Firefly (FLY).
Apparel stocks mixed: FIGS up 7.7% on strong sales, GIII down 4.3% on revenue miss. COLM guides up, VFC down 18.6%.
Consumers brace for higher gas prices (9.4% rise expected) and worsening finances. Inflation fears climb.
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