The ISM's manufacturing Purchasing Managers' Index (PMI) slipped to 48.7 in May from April's reading of 49.2, falling short of estimates of 49.5 for the...
from April's reading of 49.2, falling short of estimates of 49.5 for the month. Additionally, the ISM also reported that new orders fell to 45.4 and prices paid also fell to 57.0.
I know the majority of your revenue comes from building new energy systems and you've said that the whole electrification network, when it comes to EVs, really needs to be up to speed.Do you anticipate the private sector coming in on infrastructure?I think it has to be predominantly private and it has to start with the utilities actually providing us with the electricity.
And as long as we can demonstrate that the steel cannot be produced, for example, in the United States we normally got a favourable response of Washington that these tariffs were not hike that much because at the end it will be the consumer in the US paying it. Should anything happen in Taiwan, should anything happen more on the tech war, we do use different technologies in China for our local for local business.
And with that actually in the discussions in the board focused on new technologies and a I dominated the last few months.And I think IBM is a B to B business. "The current upcycle started in late'23, so we are only in quarter 3, implying strength likely till mid-26E," Bank of America wrote on Monday.Indian Stocks Lose $386 Billion as Polls Tighter Than Forecast
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