U.S. Lawmakers Ask Federal Communications Commission To Address Potential Threats From Chinese Cellular Internet Of Things Modules In U.S. Networks
Portfolio Pulse from Happy Mohamed
U.S. lawmakers have requested the Federal Communications Commission (FCC) to address potential threats from Chinese cellular Internet of Things (IoT) modules in U.S. networks.
August 08, 2023 | 4:48 pm
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NEUTRAL IMPACT
The request from U.S. lawmakers to the FCC to address potential threats from Chinese IoT modules could have a minor impact on the SPDR S&P 500 ETF (SPY).
The request from U.S. lawmakers to the FCC to address potential threats from Chinese IoT modules could lead to regulatory actions that may have a minor impact on U.S. tech companies included in the SPDR S&P 500 ETF (SPY). However, the impact is likely to be limited given the diversified nature of the ETF.
CONFIDENCE 70
IMPORTANCE 40
RELEVANCE 30
NEGATIVE IMPACT
The request from U.S. lawmakers to the FCC to address potential threats from Chinese IoT modules could impact the iShares China Large-Cap ETF (FXI).
The request from U.S. lawmakers to the FCC to address potential threats from Chinese IoT modules could lead to regulatory actions that may negatively impact Chinese tech companies. This could in turn affect the performance of the iShares China Large-Cap ETF (FXI), which includes large Chinese tech companies.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70