The Biden-Harris administration recently announced $56 million in funding to fortify innovation in solar manufacturing and recycling. In addition, the Senate passed the historic climate bill, which might accelerate growth in the solar industry. Although the solar industry witnessed substantial growth over the past decade, supply chain constraints and trade instability have led to price increases. And pricing […]

The Federal Reserve raised interest rates four times this year to reduce the surging inflation. After the 75-basis-point hike in July, at least four regional Fed presidents have indicated that a large interest rate increase is on the table in September and the following months to bring the surging inflation down to around the 2% target, despite the […]

U.S. technology stocks reached their highest level in three months, boosted by solid corporate earnings and positive economic data. The S&P 500 index rose 1.6% on Wednesday, led by technology and consumer stocks. This assisted in recouping losses from the first two days of the week. The Nasdaq Composite increased 2.6% to its highest level since early […]

The potential for a more competitive broadband market with the rising demand for faster data connectivity and the rising momentum of private cellular networks and edge computing markets should influence the telecom sector’s progress in the near term. Moreover, the opening of a mid-band spectrum auction by the U.S. Federal Communications Commission (FCC) should boost the next generation 5G […]

The semiconductor industry has been under pressure due to supply chain disruptions that hampered production targets. However, the Senate passed the CHIPS-plus or Chips and Science Act on Wednesday, which includes more than $52 billion in funding to support domestic production as well as tax credits to encourage investment in the industry. Additionally, the semiconductor industry has […]