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Warren Buffett Boosts Berkshire Hathaway Stake in Occidental Petroleum to Nearly 29%

Reported 8 months ago

Warren Buffett's Berkshire Hathaway has increased its stake in Occidental Petroleum to nearly 29% by purchasing 7.3 million shares from June 5 to June 17, totaling 255.3 million shares. The prices paid ranged from $59.58 to $60.43 each, boosting Berkshire's ownership. Despite having warrants to buy more shares, Buffett has stated he does not intend to take control of the company. Occidental Petroleum's stock rose by 1.8% to $61.26, reflecting a 2.6% gain since the beginning of the year.

Source: YAHOO

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Travis Kelce Joins George Kittle and Greg Olsen at Tight End University Kickoff in Nashville

Reported 8 months ago

Travis Kelce, George Kittle, and Greg Olsen kicked off the fourth annual Tight End University in Nashville, Tennessee. The three-day immersive program, founded in 2021, brings together current and former tight ends for activities such as film study, on-field drills, and more. The event also includes a 'Tight Ends & Friends Concert' in Nashville featuring special guests, with ticket proceeds going to charity.

Source: YAHOO

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Markets to Close for Juneteenth on Wednesday

Reported 8 months ago

Writing summary...

Source: WSJ

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What We Know About 'A Knight Of The Seven Kingdoms: The Hedge Knight'

Reported 8 months ago

HBO's 'A Knight Of The Seven Kingdoms' prequel, based on George R.R. Martin's novellas, is set 100 years before 'Game of Thrones' and 72 years after 'House of the Dragon.' The series about Ser Duncan the Tall and his squire Egg has begun production in Belfast with an ensemble cast and directed by Owen Harris and Sarah Adina Smith. George R.R. Martin is writing and executive producing, assuring fans of faithful adaptations of the Dunk & Egg stories.

Source: YAHOO

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Nvidia成為AI衝刺持續之際世界最有價值公司

Reported 8 months ago

Nvidia股價持續攀升,將此半導體巨頭的市值超越其他巨型科技公司,使其擠身世界最有價值公司之列,隨著人工智慧熱潮不斷。股價漲至每股135.58美元,公司市值約3.3兆美元,超越微軟和蘋果。AI一直是許多投資者的重點,而Nvidia被視為最大和最早受益於此技術的公司,其Chips廣受追捧。

Source: YAHOO

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Impact of Extreme Weather on Homeowners

Reported 8 months ago

Climate change is presenting a new challenge to the housing market and homeowners, leading to rising costs linked to home insurance premiums as severe weather risks and incidents increase. Senior Columnist Rick Newman from Yahoo Finance highlights the issue, discussing the escalating home insurance expenses nationwide due to extreme weather events. This trend is not limited to coastal areas but is affecting homeowners across the country, with insurers adjusting rates to offset the rising costs of severe storms in various regions.

Source: YAHOO

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Polestar Chair Steps Down Amid EV Maker's Share Decline

Reported 8 months ago

Hakan Samuelsson, the chairman of Polestar Automotive Holding UK, is stepping down as part of a board reshuffle amidst operational challenges and declining stock prices. The current director, Winfried Vahland, will replace Samuelsson. Polestar has also proposed new directors, Christine Gorjanc and Xiaojie Shen, as board members. The company has been facing difficulties since its New York listing, including slower production ramp-up and decreased demand for EVs, leading to a 69% decrease in share price this year.

Source: YAHOO

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Ariana Grande's Transformation Thanks to Friendship with Cynthia Erivo on “Wicked”

Reported 8 months ago

During a podcast conversation, Ariana Grande expressed how Cynthia Erivo has changed her for the better, describing a transformative impact before befriending her on the set of the upcoming musical film Wicked. Grande highlighted the valuable lessons learned from Erivo, emphasizing their deep bond and shared experiences while portraying opposing characters in their roles. The mutual admiration and respect between the two actresses were evident, with Grande expressing gratitude for the opportunity to work with Erivo and praising her exceptional talent and connection during the collaboration.

Source: YAHOO

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Luxury Sneaker Maker Golden Goose Postpones Planned IPO

Reported 8 months ago

Golden Goose Group SpA, a luxury sneaker maker backed by Permira, has decided to postpone its planned initial public offering (IPO) due to a drop in luxury stock valuations caused by political uncertainty in Europe. Demand for the shares was strong, with Invesco set to take €100 million of the shares as a cornerstone investor. The postponed IPO was expected to raise up to €595.7 million, valuing the company at around €1.7 billion, and Golden Goose was planning to sell about 10.5 million shares.

Source: YAHOO

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Don Omar确认已克癌无恙 术后恢复顺利

Reported 8 months ago

多米尼加著名歌手Don Omar透露自己患癌症后的第二天即宣布成功手术、克癌无恙。他在Instagram上分享了消息,感谢粉丝的祝福与支持。Don Omar是在欧兰多医疗中心的一张照片上写下:“今天是癌症,明天一定会好。”在手术成功后,他再次用西班牙文写道:“今天我清醒,没有癌症,感恩。感谢你们的祝福、祈祷和成千上万的信息。手术取得成功,现在需要恢复。”

Source: YAHOO

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Stifel调高Micron目标价,受人工智能需求助力

Reported 8 months ago

Stifel的分析师提高了Micron(MU)股票的目标价,将其从之前的140美元提高至165美元,这主要受到人工智能需求增长的推动。分析师指出Micron的高带宽内存产品可能成为潜在的催化剂。此举显示了Micron受益于人工智能产业发展的情况。

Source: YAHOO

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Juneteenth股市休市,可能引发周末交易繁忙。投资者需要了解的信息。

Reported 8 months ago

美国股市因Juneteenth休市,投资者可能已经放假。纽约证券交易所和纳斯达克将于6月19日星期三休市,以纪念美国废除奴隶制。股市通常在夏季交易量减少,股票市场纵横前行,但分析师警告称,可能会出现增加的波动性,对美国股市施加短期下行压力。本周还将出现一个不确定因素,即“三重巫术”到期事件,这可能导致在事件前几天出现加剧波动。周五“三重巫术”到期事件还与一些最受欢迎的美国基准指数和交易所交易基金的季度重新平衡相吻合。

Source: YAHOO

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S&P 500 and Nasdaq Hit New Records

Reported 8 months ago

Stock market indexes closed Tuesday with the S&P 500 and Nasdaq Composite reaching record highs, marking another milestone in their 2024 performance. Nvidia emerges as the most valuable company, surpassing Apple and Microsoft. Market Domination Overtime's Julie Hyman covers market developments with Jared Blikre analyzing tech sector gains. The article provides insights on the day's market trends, with the stock market showing positive momentum amidst the holiday-shortened trading week.

Source: YAHOO

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Disney CEO Bob Iger's successor to be revealed in 2024

Reported 8 months ago

According to Bob Iger's close adviser, Kevin Mayer, the successor to Disney CEO Bob Iger could be revealed in 2024. Mayer, a former deputy of Iger, predicts that the succession process will be smooth and that there are four internal candidates being considered. Disney is currently focused on its streaming services' profitability and faces challenges in its theme parks and linear TV networks amidst the changing media landscape.

Source: YAHOO

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China's Economy Growth Forecast Revised to 4.8% by Fitch Ratings

Reported 8 months ago

Fitch Ratings has revised its forecast for China's economy growth in 2024 to 4.8% due to a recovering export industry, with expectations of increased government spending to boost private sector income. The global economic growth forecast for 2024 has also been raised to 2.8% from 2.4%, but is expected to slow to 2.4% in 2025. Despite challenges such as the property market crisis and weak consumer demand, China's official loosening of fiscal policies and export rebound are seen as favorable for this year's economic growth, with a projected slowdown to 4.5% in 2025.

Source: YAHOO

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FSC: Disabled Individuals Can't Be Directly Denied Insurance

Reported 8 months ago

The Financial Supervisory Commission (FSC) stated on June 18, 2024, that insurance companies cannot unfairly treat disabled individuals during underwriting by directly denying them coverage just because of their disabilities. The FSC emphasized that insurers must assess medical history and examinations appropriately and provide proper responses to insured individuals. The FSC has created a database of illness experience rates for disabled individuals, allowing insurance companies to use this information to determine premiums. The FSC has fined companies for discrimination against disabled individuals in underwriting, signaling a growing importance placed on the insurance rights of the disabled.

Source: YAHOO

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The Commercial Times: Peace Talks between Russia and Ukraine Seem Near yet Far

Reported 8 months ago

On June 18, 2024, after over two years of war, Russia and Ukraine find themselves in a difficult situation on the battlefield. Both sides are starting to lay the groundwork to step onto the negotiation table. Despite the challenges, there are signs that both countries are willing to negotiate. Russian President Putin has expressed clear readiness to negotiate and proposed specific terms. President Zelensky of Ukraine has focused on the Switzerland Peace Summit, but the meeting did not lead to significant progress. The pressure from various countries, including China, Europe, and the United States, is escalating, pushing for negotiations but also increasing the risk of renewed conflict. The world hopes for a peace agreement, although it might come as late as 2025. Nevertheless, the mere act of initiating negotiations is a significant achievement toward reducing risks and promoting global peace.

Source: YAHOO

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M31、立積公佈5月自結狀況

Reported 8 months ago

台灣公司M31和射頻IC業者立積在2024年6月18日公佈了他們5月單月每股稅後純益(EPS),分別為0.75元和0.16元。法人指出,隨著消費性行業旺季來臨,成熟製程產能利用率有所改善,M31可提供7奈米以下基礎元件IP,而WiFi 7需求將提升,將促使立積射頻模組出貨加快。兩公司5月合併營收皆有增長,M31營收年增21.55%,而立積年增46.6%。立積也有望在下半年獲得顯著復甦,特別是因為Wi-Fi 7規格和AI應用的推動。

Source: YAHOO

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Foreign Caregivers: The Closest Strangers in the World

Reported 8 months ago

Based on the latest statistics from the Ministry of Labor in Taiwan in January of this year, there are a total of 756,400 migrant workers in Taiwan, with 234,300 of them in the social welfare category of domestic help and caregiving, accounting for 31%. With Taiwan entering an ultra-aged society in 2025 and the decreasing opportunities for working-age individuals to provide care, the reliance on foreign labor, particularly caregivers, has become crucial in forming new families. The article highlights the significant role of foreign caregivers like Aya, who provide essential care for the elderly and family members in need, forging deep bonds amidst challenges and disputes that often arise in such arrangements.

Source: YAHOO

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Taiwan Ranks 8th in Global Competitiveness, Beats Japan and South Korea

Reported 8 months ago

Taiwan has been ranked 8th in the 2024 IMD World Competitiveness Ranking, placing it 3rd in the Asia-Pacific region after Singapore and Hong Kong, surpassing China, Japan, and South Korea. The report analyzes Taiwan's strengths in accelerating digitization, diversifying supply chains, deepening international cooperation, and enhancing talent development, but doesn't mention AI. Taiwan excelled in 18 out of 27 competitiveness indicators, particularly in economic complexity and resilience, and saw improvements in infrastructure. Factors such as effective epidemic management and the return of overseas individuals also contributed to the improved ranking.

Source: YAHOO

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10-Year Bond Auction Yield Slightly Decreases

Reported 8 months ago

The 10-year bonds auctioned by the central bank on June 18th saw a slight decrease in the highest yield to 1.675%. Only banks and sporadic securities companies bid for it, as insurance companies turned to subordinated bonds. The market remains conservative due to uncertainties about a potential interest rate hike in the third quarter by the central bank. The insurance industry plans to issue a record-high of NT$158 billion worth of subordinated bonds this year, with attractive yields around 3.7%-3.75%. Banks continue to invest in 10-year bonds, while securities and insurance industries show reduced interest, and the ticket industry finds shorter-term bonds more appealing. Insurance companies focus mainly on long-term bonds over 20 years.

Source: YAHOO

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Rent of Li Ka-shing's Building Drops by 30%

Reported 8 months ago

The commercial real estate market in Hong Kong has been facing a downturn, with rental prices continuously decreasing. According to statistics from the real estate agency Centaline Property, the rental prices of Li Ka-shing's Cheung Kong Center have dropped by a total of 33% over the past five years, leading the decline in Hong Kong's commercial real estate market. Factors contributing to this decline include a weak economy, multinational companies withdrawing, and a significant increase in vacancy rates, allowing tenants more negotiation power over lease terms. It is projected that Hong Kong's rental prices may continue to decrease by over 5% this year.

Source: YAHOO

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Learning to Become a Caregiver through Videos

Reported 8 months ago

Viven, known as the 'Goddess of Long-Term Care,' made a difficult decision at the age of 46 to become a caregiver to look after her stroke-impaired father. She ended her publishing business to return to her hometown in Taichung to care for her elderly parents. Viven learned caregiving skills by watching instructional videos for a night and quickly became adept at tasks like diaper changing and feeding. Realizing the importance of cognitive learning and physical training for the elderly, she pursued studies in elderly services at Minghsin University of Science and Technology and underwent training at 'Lai Tech,' a center promoting independent living for the disabled. Viven expressed gratitude for the progress she sees in the individuals she cares for, despite challenges like dealing with emotionally distressed patients suffering from dementia. This story highlights the dedication and compassion required in caregiving roles for the elderly.

Source: YAHOO

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Microsoft Bing to Open New Performance Space in Keelung in July

Reported 8 months ago

Microsoft Bing (6625) held a shareholders' meeting on June 18, 2024, where they approved a dividend of 3.5 yuan and a stock dividend of 1 yuan. Chairman Zhou Youyang stated the company plans to bring in more foreign artists to perform in Taiwan, expand into the mainland Chinese market, and will open a brand new multi-functional performance space in Keelung in July, showcasing art exhibitions, cultural and creative exhibitions, and music performances. Seizing the post-pandemic recovery period, Microsoft Bing's consolidated revenue reached 2.56 billion yuan last year, a 96% increase, with an EPS of 6.68 yuan setting a new record. This year, the company continues its growth momentum with a May revenue of 420 million yuan, a 135.78% increase, hitting a new high in nearly 12 months. Zhou Youyang mentioned plans to focus on concerts and commercial performance events in the second half of the year, expand operations in the mainland Chinese market, integrate hardware and software resources advantageously, provide services for more artists and performers globally, and venture into venue operations like LIVE HOUSE, hosting new businesses such as IP derivative fan meetings and experiential exhibitions.

Source: YAHOO

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Hot Stock - Creative sees institutional buying with upward moving averages

Reported 8 months ago

On June 18, 2024, Creative (3443) revised its second-quarter operating outlook with a 20% increase in NRE (design outsourcing), expecting better performance in the second half of the year due to customer returns. Creative focuses on High Bandwidth Memory (HBM) and has a track record of successful mass production with advanced process cases and products. Creative's stock price hit the daily limit up several times on the 18th, closing at 1,680 yuan with a 9.09% increase, reversing its sluggish trend since February. The moving averages are neatly arranged upwards, with a daily trading volume of 5,995 shares. Institutional investors bought 1,224 shares more than sold, making it the highest in nearly 5 months. Institutions revealed that Creative will focus on the backend design in future HBM technology developments.

Source: YAHOO

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