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    Yahoo Finance Video

    Abuse at Bridgewater Associates

    In his new book, "The Fund: Ray Dalio, Bridgewater Associates, and the Unraveling of a Wall Street Legend", New York Times Finance Reporter Rob Copeland shares one horror story after another from the world of Ray Dalio and Bridgewater Associates. One in particular about the abuse suffered by Katina Stefanova, the now Founder, CEO and CIO of Marto Capital, at the hands of Dalio left our studio shocked.  Watch the full interview with Rob Copeland here.

  • Business
    Yahoo Finance Video

    Apple cuts iPhone prices in China as competition heats up

    Apple (AAPL) has cut prices on its iPhones sold in China, specifically offering discounts to its products on Tmall, China's biggest e-commerce site. The aggressive cut comes as competition heats up with competitor Huawei as it released its latest high-end smartphone: the Pura 70 Ultra. Yahoo Finance's Akiko Fujita joins Catalysts to break down the latest development for Apple in China and what it means for the device maker moving forward. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino

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    Yahoo Finance Video

    CHIPS Act is a 'diversified bet': Fmr. CHIPS coordinator

    Nvidia (NVDA) is set to report its earnings on Wednesday amid strained relations between the US and China. Former White House CHIPS Coordinator Aaron "Ronnie" Chatterji joins Catalysts to discuss what these tensions mean for Nvidia and the chip sector as a whole. "Five to 10 years from now, you're going to see mega factories producing chips across the United States," Chatterji explains, pointing to funding provided by the Biden Administration's CHIPS Act. He adds that the act "is a diversified bet," as it invests in multiple firms and different kinds of chips to boost all parts of the sector. The CHIPS Act will also create new jobs, which will require training programs to be established all over the country. "It is a big hill to climb and we got to start working on it as fast as we can," Chatterji says. Chatterji explains the act is about "building a strong industrial base in the United States for key technologies," and is both a national security and supply chain measure. He argues restrictions do not negatively impact chip companies, explaining, "You can see this with Nvidia in particular. Every time the new export controls have been announced, they designed compliant chips to send to other parts of the world. So as long as you have the interaction between the major chip designers, the companies that are manufacturing them, and all across the tech stack with knowledgeable people inside the government, I think you can get that balance right and that's what you're seeing so far." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl