Huawei at the Center of Trade Issues

Although said to be coincidental, the timing of the Huawei blacklist has put added pressure on China during the escalating trade war. The U.S. Commerce Department opened a relief valve announcing Monday it had granted a 90-day license for mobile phone companies and internet broadband providers to work with Huawei to keep existing networks online … Continue reading Huawei at the Center of Trade Issues

The Trade Desk… Not a Good Day to be in Bed with China

The Trade Desk reported $0.49 per share handily beating estimates of $0.25 a share. Revenue also beat, $121 million vs $117 million expected. Revenue grew 41.2% year over year. They also raised guidance! The company said it expects second quarter revenue of approximately $154.0 million and now expects 2019 revenue of at least $645.0 million. … Continue reading The Trade Desk… Not a Good Day to be in Bed with China