On CNBC’s "Halftime Report Final Trades," Stephen Weiss of Short Hills Capital Partners named U.S. 2 Year Treasury Note, which is almost at a 5% yield.
Jim Lebenthal of Cerity Partners named Applied Materials, Inc. (NASDAQ: AMAT) as his final trade.
Due to insufficient government funding, Applied Materials may reconsider or abandon its plan to establish a $4 billion research and development (R&D) facility in Silicon Valley.
President Joe Biden signed a bill in late 2022 allocating $52.7 billion for domestic semiconductor research and manufacturing, but a ...