U.S. reportedly restricts Qualcomm, Intel over Huawei supply
Wall Street Breakfast
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Business Developments, Tech Restrictions, and Market News Recap
This chapter delves into the limitation of Qualcomm and Intel's export licenses by the Biden administration linked to Huawei. It also discusses Reddit's financial results, Royal Caribbean's hiring intentions, cruise demand, Pfizer's experimental therapy, Tesla's activities in China, TikTok's lawsuit against the US government, Philip Morris International's shareholder meeting, and general market updates.
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