manufacturing

The Tema American Reshoring ETF (NYSE:RSHO), the first U.S.-listed fund dedicated to reshoring investing, outperformed the S&P 500 Index over the last year, remarkably achieving this without holding any of the high-flying Magnificent Seven stocks. As of June 3, 2024, the RSHO ETF recorded a 32...

All major U.S. equity indices opened the week with losses, as traders shifted to safe-haven bonds and gold amid concerns affecting the health of the U.S. manufacturing activity. In May, the ISM Manufacturing PMI dropped to 48.7, marking a faster-than-expected contraction. This follows a bleak...

The U.S. manufacturing activity barometer contracted more than expected in May, leading to a sharp retreat in Treasury yields at the start of the week. After falling back into contraction in April, manufacturing activity continued to decline for the second consecutive month, according to the...

Airbus SE (OTC:EADSY) is reportedly encountering additional challenges in its planned increase in passenger jet production. The world’s leading aircraft manufacturer is struggling with persistent shortages of parts and labor, reported Reuters, citing a source. It is unclear whether the...

According to Deloitte, the manufacturing sector faces a widespread shortage of skilled labor. Last year, three-quarters of manufacturing executives surveyed by the National Association of Manufacturers showed that "attracting and retaining a quality workforce" is “a primary business...

There is no cure for a rare blistering skin disorder called Epidermolysis Bullosa (EB), but treatments to help alleviate and control the symptoms do exist.   The growing body of research suggests cannabinoid-based medicines can ease the pain and severe itching in those with this disorder while also...

The U.S. manufacturing activity sentiment missed expectations in April. After a brief uptick in March, activity retraced back into contraction, according to the Institute for Supply Management (ISM). April ISM Manufacturing PMI Report: Key Highlights The ISM Manufacturing PMI declined from 50.3%...

Iron ore prices were boosted by hopes of an industrial recovery in China following data that showed improving activity in the country’s manufacturing sector. Singapore iron ore 58% futures rose 3.8% on Monday, reversing earlier losses that took the prices nearly 4% lower, while futures on the...

U.S. manufacturing activity exceeded expectations in March 2024, achieving its fastest growth rate since September 2022. This has triggered an immediate rebound of the dollar, driven by a shift in expectations regarding interest rates, as traders now anticipate stronger economic data, potentially...

According to Goldman Sachs, an improvement in global manufacturing activity is leading to conditions historically known to boost the market. Analyst Cecilia Mariotti projects a promising alignment in global manufacturing data with the vigorous growth levels seen in the service sector, a convergence...

Retail sales experienced a sharp slowdown in January following robust holiday-driven performance in the last month of 2023. Among other data released Thursday morning, signs of recovery emerged from surveys on manufacturing activity in New York and in the third Federal Reserve District of...

Key Takeaways: JS Global Lifestyle’s profit fell 37% last year, as it blamed growing competition in its main China market following a spinoff of most of its global business The kitchen appliance maker’s spinoff of its U.S.-based SharkNinja unit reflects a growing trend among Chinese...

The U.S. manufacturing sector showed signs of resurgence in January, buoyed by a significant increase in new orders, potentially marking the end of a prolonged contraction phase. Data published Thursday highlighted an upward revision in the final reading of the S&P Global US Manufacturing PMI...

The U.S. economy demonstrated a robust beginning to 2024, according to the latest flash PMI estimates from S&P Global. Marking a significant upturn, overall business activity accelerated to its fastest pace since mid-2023, driven predominantly by the service sector, with manufacturing also...

With Quiver Quantitative’s recent institutional holdings data, we can see that hedge funds and asset managers have been increasing their holdings in Jabil Inc. (NYSE: JBL). Firms such as Fidelity, Point72 Asset Management, and Whale Rock Capital Management have all recently added to...