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Equity markets began the day in the red following the latest corporate earnings reports from some of the world’s largest firms, including Microsoft. The tech giant’s recent conference call was considered disappointing, and earnings from firms such as Boeing, Texas Instruments, and 3M were also lackluster. Gold and silver prices were down between 0.43% and […]Powered by WPeMatico
Supply chain challenges such as a limited supply of desired gifts, shorter holiday shipping windows, and longer shipping times are hindering holiday shopping for many consumers. Supply chain disruptions and costs are especially affecting the tech industry with prices rising as much as $50 per device and the top tech gifts like gaming consoles and computers expected to run out quickly. Shipping containers from Asia in 2021 is costing 14 times more than what it did two years ago while cargo rates have risen 40% in just a couple of months. The ongoing chip shortage is making electronics more expensive
The post Supply Chain Challenges: Can You Get the Tech You Need? appeared first on The Merkle News.
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