Reuters (June 24)
“The AI boom has led to the biggest upswing ever, as demand for memory created a huge bottleneck.” Micron Technologies, now worth $1.3 trillion, has benefited handsomely from this “as the company’s ballooning gross margin shows,” but the rise “is straining tech giants and investor credulity alike.” It won’t last forever. “Boom and bust cycles are built on human greed. It’s very hard to resist the urge to keep boosting production when times are good. Historical patterns suggest the memory shortage will likely end suddenly and hard.”
Tags: AI boom, Ballooning, Boom, Bottleneck, Bust, Credulity, Demand, Gross margin, Human greed, Investor, Memory, Micron, Production, Tech giants, Upswing
Bloomberg (February 13)
“Hong Kong is in the midst of an IPO boom, with first-time share sales coming off a four-year high in 2025 and already off to the busiest-ever start of a year. But the upswing followed a dealmaking trough that lasted several years after a crackdown on the Chinese technology companies that powered a prior wave of transactions. As a result, some banks chose to retrench and experienced bankers often looked for opportunities elsewhere. That’s made the remaining high-level dealmakers hot commodities.”
Tags: 2025, Bankers, China, Crackdown, Dealmakers, Dealmaking, High, Hong Kong, IPO boom, Opportunities, Technology, Transactions, Upswing, Wave
Wall Street Journal (September 17)
“Industrial production in the eurozone returned to growth in July, a reflection of resilience as U.S. tariffs threaten to crimp demand.” Monthly “output edged up 0.3%… after a 0.6% slump in June.” The July “increase was driven by a strong 1.5% upswing in production in Germany.” While the tariff threat remains, “the eurozone’s industry has so far proved relatively resilient, having grown in two of the four months since President Trump’s announcement of levies on global trading partners in early April.”
Tags: 0.3%, Demand, eurozone, Germany, Growth, Industrial production, July, Levies, Resilience, Threat, Trading partners, Trump, U.S. tariffs, Upswing
Institutional Investor (February 27)
“After a tumultuous 2022, many investors breathed a sigh of relief when the stock market began to show signs of recovery in January. But… the current upswing may not last long, because economic fundamentals continue to paint a gloomy picture for the year ahead.”
Tags: 2022, Economic fundamentals, Gloomy, Investors, January, Recovery, Relief, Stock market, Tumultuous, Upswing
San Francisco Chronicle (October 13)
“As coronavirus cases swell across much of the United States and the nation lurches toward a uniquely tumultuous election day, California has held off another pandemic upswing. Public health experts, however, warn the state is still vulnerable.” The nation “topped 50,000 new cases on four of the past seven day, the highest numbers since August.”
Tags: California, Cases, Coronavirus, Election day, Experts, Pandemic, Public health, Swell, Tumultuous, U.S., Upswing, Vulnerable
