Reported 8 months ago
Mortgage rates have decreased to 6.87%, the lowest since early April, according to Freddie Mac. The Nasdaq Composite and the S&P 500 are slipping on Wall Street in response to the latest economic data, including higher-than-expected initial jobless claims. AI-related stocks are in the spotlight after Elon Musk announced that Dell and Super Micro Computer will provide servers for his startup xAI's supercomputer. Trending tickers on Yahoo Finance include Advanced Micro Devices, Apple, and Chipotle Mexican Grill, with key guests scheduled for interviews.
Source: YAHOO
Reported 8 months ago
Amazon entered the ad-supported streaming space by introducing an ad-supported tier to its Prime Video subscriptions, impacting the market only six months later. The move builds on existing offerings from Netflix and Disney, creating an excess of supply in the market and prompting competitors to adjust pricing. Amazon's aggressive pricing strategy and broad audience reach have raised the stakes in the industry, forcing companies to adapt to the changing dynamics of the streaming advertising market.
Source: YAHOO
Reported 8 months ago
Today marks the Summer Solstice, with the longest daylight of the year. Individuals born under certain Zodiac signs such as Dragon, Dog, Ox, and Goat are advised to seize this day to transform negative energies. It is recommended to avoid wearing red, white, and black clothing on this day. Moreover, traditional beliefs suggest absorbing positive energy through rituals involving auspicious fruits and prayers to balance personal magnetic fields.
Source: YAHOO
Reported 8 months ago
In summer, when it's too hot to cook, consider trying out 27 summer Crock Pot dump meals, which are simple slow cooker recipes that taste great on hot evenings. Dump meals involve placing all ingredients in a Crock Pot and leaving it to cook until the food is ready, making it an easy and low-dish meal preparation method. Crock Pots are convenient for summer cooking as they don't heat up your kitchen, and they offer a hands-off approach to meal preparation, allowing you to enjoy your day and return home to a ready-to-eat dinner.
Source: YAHOO
Reported 8 months ago
The chief economist of Apollo Global Management stated that the U.S. Federal Reserve is unlikely to cut interest rates in 2024 due to easier financial conditions offsetting borrowing costs. Despite initial projections of multiple rate cuts, current expectations have lowered to about two 25 basis point cuts amidst economic slowdown and low inflation. The economist emphasized the need for time for high interest rates to impact the economy and inflation, as current conditions are still benefiting consumers and companies from a strong stock market and fixed income returns.
Source: YAHOO
Reported 8 months ago
TikTok and ByteDance are urging a US court to strike down a law that could result in a ban of TikTok in the US unless ByteDance divests its US assets by January 19. The companies argue that the law unfairly targets them and violates free speech rights. The court will hold oral arguments in September, and the outcome will impact how the US government regulates foreign-owned apps. ByteDance previously engaged in negotiations with the US government that ended in 2022, and TikTok claims a divestiture is not technologically, commercially, or legally possible.
Source: YAHOO
Reported 8 months ago
An ongoing dispute in Limburg, Germany, involving residents and animal rights activists regarding the culling of pigeons has caused a stir, despite the majority of residents voting in favor of culling the birds in a recent referendum. The town officials are still deliberating on implementing the referendum results, with a comprehensive review planned before any action is taken. The issue stems from complaints about pigeon droppings in the area, prompting the council to consider reducing the pigeon population with the help of a falconer, which has faced strong opposition from animal rights groups.
Source: YAHOO
Reported 8 months ago
The U.S. Commodity Futures Trading Commission (CFTC) is investigating Jump Trading's role in the cryptocurrency market, as reported by Fortune. While the inquiry is not indicative of any misconduct, it remains unclear if charges are being considered against the trading company. Jump Trading has a history in crypto trading and has ventured into blockchain technology research. Despite recent positive developments like the approval of spot bitcoin exchange-traded funds, regulatory scrutiny in the crypto industry persists, with executives warning of potential offshore relocations due to regulatory overreach. Both Jump's crypto unit and the CFTC declined to provide immediate comments on the matter.
Source: YAHOO
Reported 8 months ago
Lupita Nyong’o strutted through New York City wearing leopard print slingback pumps while promoting her new film 'A Quiet Place: Day One.' Paired with a matching satin dress, the actress completed her look with dark sunglasses and a leather bag. Nyong’o stars as Sam in the third installment of the horror series set in New York City, directed by Michael Sarnoski and based on a story by John Krasinski. The film is set to hit theaters on June 28, also featuring actors like Dijmon Hounsou and Alex Wolff.
Source: YAHOO
Reported 8 months ago
Palantir的股價上漲10.8％，主要得益於宣布兩份合約贏得。Argus Research的分析師詹瑟夫·邦納對此股票做出買入評級，認為Palantir的商業收入成長快速，且有望超越政府收入。公司本週宣布獲得一份商業合約和一份與政府有關的合約，分別與Starlab Space和ARPA-H合作。儘管股價昂貴，投資者應準備因股價高估而可能出現的下跌。
Source: YAHOO
Reported 8 months ago
Costco's iconic $1.50 hot dog combo, a staple of their food court since the 1980s, has a fascinating history. Originally supplied by Hebrew National, Costco transitioned to producing their own non-kosher beef hot dogs in 2011 to maintain the affordable price point. This transition allowed Costco to continue offering their beloved hot dog deal while ensuring a steady supply and low costs. The hot dogs are now produced in Costco's meat facilities in California and Illinois, ensuring quality and consistency for customers.
Source: YAHOO
Reported 8 months ago
Investors seeking reliable income often turn to dividend stocks. This article highlights three companies, including Hess Midstream LP, Prologis, Inc., and FinVolution Group, that have recently increased their dividends. Hess Midstream raised its dividends for 7 years, Prologis for 10 years, and FinVolution for 4 years. These companies offer good yields and have demonstrated consistent dividend growth, making them attractive options for those looking for passive income.
Source: YAHOO
Reported 8 months ago
American rap superstar Travis Scott, known for his passion and talent in music and his collaboration with Nike on the 'Swoosh' series shoes, was arrested in Miami Beach for disorderly conduct. Reports state that Scott, allegedly intoxicated, caused a scene by yelling and approaching people on a yacht, even after police intervention. He was charged with trespassing and disorderly conduct, with bail set at $500 and $150 respectively. Scott has since been released on bail.
Source: YAHOO
Reported 8 months ago
The article discusses the impact of rising interest rates affecting new home construction in the United States, with specific regions sustaining home-building activities despite Federal Reserve's decision to maintain higher rates. Recent housing data shows a decline in construction, while labor market data reveals a decrease in construction activity. A study from Bank of America Private Bank delves into generational differences in investing strategies among wealthy Americans, highlighting the importance of understanding wealth gaps and factors like inheritance and student loans on building wealth. The article also touches on the significance of addressing disparities in access to capital and opportunities for diverse entrepreneurs in order to bridge ethnic wealth gaps.
Source: YAHOO
Reported 8 months ago
摩根大通表示，針對追蹤美國主要指數的基金的空頭賭注已降至創記錄低點，主要由於短賣者撤離市場的三個主要原因。這導致市場中短期賣空活動減少，而如果出現負面消息，這可能引發市場的波動。隨著標普500指數和納斯達克指數今年創下歷史新高，對基金的短期賣空興趣已降低，摩根大通表示，這對US股市提供了支撐，有助壓抑波動，起到暗中做空的作用。
Source: YAHOO
Reported 8 months ago
Lisa's new look has generated a lot of buzz with over 3.82 million likes within 5 hours on Instagram. The BLACKPINK member, Lisa, who established her personal brand 'LLOUD' in February and joined RCA Records under Sony Music on April 11, announced the release of her new song 'Rockstar' on June 19 through LLOUD, scheduled to be launched on June 28 at 8 a.m. Taiwanese time. Departing from her usual cute Korean style, Lisa's avant-garde rock star transformation, featuring short dark hair and edgy glasses, has left fans awestruck. She has broken records on TikTok and her fans are eagerly anticipating her new musical chapter.
Source: YAHOO
Reported 8 months ago
Oracle宣布將在未來10年內在西班牙投資超過10億美元用於人工智慧和雲計算，以滿足該國對其服務日益增長的需求。這項投資將用於建立一個新的雲區域，讓客戶將工作負載從他們的數據中心轉移到Oracle Cloud基礎設施，同時幫助他們應對歐盟的數位營運穩定法案（DORA）和歐盟的外包指南等法規。Oracle將第三個雲區域設立在馬德里，並將與西班牙電信合作進行項目。
Source: YAHOO
Reported 8 months ago
As Hollywood strikes have been resolved and summer blockbusters emerge, June brings a mix of big budget films and indie releases. Premiering on June 21 are 'Kinds of Kindness' and 'The Bike Riders,' with limited releases like 'Fancy Dance' and 'What Remains.' Keep an eye out for upcoming releases like Kevin Costner’s 'Horizon: An American Saga – Chapter 1' and 'A Quiet Place: Day One.' Check back weekly for the latest theater releases, from wide premieres to independent films.
Source: YAHOO
Reported 8 months ago
Mattel繼Barbie之後仍然表現強勢。然而，該玩具公司有16部電影正在開發中，其中包括Masters of the Universe和Hot Wheels等項目。Mattel董事長兼首席執行官Ynon Kreiz被授予康城国际创意节的“年度娱乐人物”称号。他表示，Mattel提供了媒体公司正在尋找的重要特許經營權，這些品牌“能夠真正提升並脫穎而出在擁擠的市場中”。Kreiz解釋說，Barbie成功的基礎是一個“擁有龐大、內建粉絲基礎的非常強大品牌”。他補充說，Barbie的策略將應用於其他項目，即使某些特許經營權的品牌可能沒有Barbie那麼大，但“通過不同的合作夥伴、不同的創意執行、不同的發行商，每部電影都有成功的機會。” Kreiz辯稱對於Mattel來說，不是每部電影都需要像Barbie一樣取得票房成功才能成為公司的商業強力項目。
Source: YAHOO
Reported 8 months ago
Kevin Mayer, a close adviser to Disney CEO Bob Iger, stated at the Cannes Lions Festival that Paramount is currently impaired with a broken deal process and struggling as a company. Last week, a deal between Paramount and Skydance was unexpectedly scrapped, raising uncertainty about Paramount's future. The company is now facing challenges after recent leadership changes, and there are speculations about potential layoffs and strategic moves to improve profitability. Paramount's stock value has significantly declined over the past five years, indicating ongoing challenges in the industry.
Source: YAHOO
Reported 8 months ago
Disney's top adviser, Kevin Mayer, referred to Paramount as an impaired company with a broken deal process and struggling business prospects. The controlling shareholder, Shari Redstone, recently halted a deal with David Ellison's Skydance, causing uncertainty and surprise. Amid leadership changes and potential layoffs, Paramount is exploring strategies like a streaming joint venture with Comcast and selling networks like BET and MTV to improve profitability. Despite holding valuable assets, Paramount faces significant challenges as it navigates turbulent waters in the entertainment industry.
Source: YAHOO
Reported 8 months ago
Tyler, the Creator has announced his withdrawal from headlining Lollapalooza in Chicago and Outside Lands in San Francisco due to a commitment he can no longer keep. Megan Thee Stallion will replace him at Lollapalooza on August 1, while Sabrina Carpenter will replace him at Outside Lands. The changes came as a surprise to fans, but both festivals have quickly found replacements for the popular singer and rapper.
Source: YAHOO
Reported 8 months ago
Nonqualified annuities are a common type of financial product issued by life insurance companies, where individuals contribute after-tax funds. The money invested in the annuity grows tax-deferred, with earnings not taxed until withdrawal or receiving payments. Unlike qualified annuities, nonqualified annuities do not have required minimum distributions and offer flexibility in contributions, making them suitable for high-income earners. Withdrawals are subject to penalties if done before age 59.5, and while the original contributions are tax-free upon withdrawal, earnings are taxed as ordinary income. Nonqualified annuities differ from qualified annuities in terms of tax treatment, contributions, withdrawals, and required minimum distributions, so individuals should carefully consider their financial goals and consult professionals before investing in them.
Source: YAHOO
Reported 8 months ago
Venezuela's opposition has declined to sign a proposed pact by President Nicolás Maduro requiring candidates to acknowledge the results of the upcoming July 28 presidential election. This refusal has heightened tensions between the rival parties as the opposition accuses the government of violating electoral agreements by not inviting the European Union to observe the voting process. The opposition candidate Edmundo González and a dissident from the opposition, Enrique Márquez, have both refused to sign the agreement. Meanwhile, the government has increased political repression, arresting activists and journalists and restricting opposition activities in certain cities.
Source: YAHOO
Reported 8 months ago
During conversations at Cannes, Barry D. spoke about the buying opportunity in the commercial real estate sector due to office values being down by 50-70%. Meanwhile, Kevin Mayer shared insights on advertising growth and the future of linear TV, highlighting potential opportunities in the tech and streaming sectors. Additionally, Laura Martin mentioned the bullish outlook for Reddit, the impacts of Apple's recent announcements on sales, and the potential of live programming for Netflix. The CRE market may see a revival with a possible return to office driving leasing activity.
Source: YAHOO