|Bid||22.000 x 0|
|Ask||22.050 x 0|
|Day's range||22.000 - 22.400|
|52-week range||18.080 - 31.950|
|Beta (5Y monthly)||0.52|
|PE ratio (TTM)||283.83|
|Earnings date||11 Nov 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||30.32|
(Bloomberg) -- A U.S. ban of China Telecom (Americas) Corp. by regulators shows that broad concerns about Beijing persist in Washington, even as the Biden administration takes steps to improve communications between the world’s biggest economies. Most Read from BloombergA Deep Dive Into Squid Game's World of InequalityMeet Six People Fighting Water Scarcity Across the GlobeHamburg Is at the Heart of Germany’s Growing Dilemma Over ChinaThe U.S. Federal Communications Commission, an independent go
WASHINGTON (Reuters) -Suppliers to Chinese telecoms giant Huawei and China's top chipmaker SMIC got billions of dollars worth of licenses from November through April to sell them goods and technology despite their being on a U.S. trade blacklist, documents released by Congress showed on Thursday. According to the documents, first obtained by Reuters, 113 export licenses worth $61 billion were approved for suppliers to ship products to Huawei while another 188 licenses valued at nearly $42 billion were greenlighted for Semiconductor Manufacturing International Corp (SMIC). The data also showed that more than 9 out of 10 license applications were granted to SMIC suppliers while 69% of requests to ship to Huawei were approved over the same period.
After a dud July, semiconductor stock Axcelis Technologies (NASDAQ: ACLS) fired up in the month of August and gained 28.9%, according to data provided by S&P Global Market Intelligence. Axcelis shares had two spurts in August, one in the first week and the other in the last. Axcelis' revenue grew 10.9% and net income jumped 14.5% year over year in the second quarter.