Reported about 1 year ago
US stocks closed mixed on Tuesday, with the Nasdaq and S&P 500 breaking losing streaks thanks to a 1.3% and 0.4% surge respectively, fueled by Nvidia's rebound of nearly 7%. However, the Dow Jones Industrial Average slipped 0.8% or about 300 points. The market awaits the Personal Consumption Expenditures index update on Friday for inflation input, amid a backdrop of high home prices in April with slowed growth, and a slight dip in consumer confidence in June. Tech stocks led gains, with Nvidia recovering from a three-day skid.
Source: YAHOO
Reported about 1 year ago
In a world where fruits and vegetables can be expensive and spoil quickly, Blue Zone expert Dan Buettner suggests focusing on affordable protein-rich foods like beans and grains for a healthier and longer life. By combining beans and grains, which provide a complete protein and essential amino acids, individuals can easily fuel their bodies while enjoying the benefits of fiber for gut health and weight management. This simple pantry staple approach aligns with the diets of many long-living individuals worldwide, making it an accessible and sustainable option for overall well-being.
Source: YAHOO
Reported about 1 year ago
German automaker Volkswagen Group will invest up to $5 billion in U.S. electric-vehicle maker Rivian to form a new joint venture, aiming to share EV architecture and software. The investment will help Rivian develop new SUV models, improve cash flow, and assist Volkswagen in accelerating its software-defined vehicle plans.
Source: YAHOO
Reported about 1 year ago
Traders in the US rates options market are making bold wagers on the Federal Reserve cutting interest rates by a significant 3 percentage points in the next nine months. Investors are positioning for a key rate decrease to as low as 2.25% by the first quarter of 2025, despite current expectations being lower. The options market is showing increased bets on this outcome, with some contracts set to benefit if these extreme rate cuts occur, potentially used as a hedge against other investments. Amidst the economic data and Fed remarks scrutiny, traders are also eyeing tail-risk outcomes, like sudden and drastic rate reductions, which have been gaining traction among market participants.
Source: YAHOO
Reported about 1 year ago
A woman in New York City shared on TikTok that a stranger stopped her on the street to criticize her outfit, sparking a viral conversation with over eight million views. The man pointed out that her shoes didn't match her dress, and while the woman was initially confused, viewers on social media generally agreed with the stranger's fashion advice, with some even praising him for trying to help. The woman expressed her discomfort at the unexpected encounter, highlighting the power of strangers' perspectives.
Source: YAHOO
Reported about 1 year ago
During a recent concert, country singer Morgan Wallen was unexpectedly hit in the face with a pair of women's underwear while performing his hit duet 'I Had Some Help.' Wallen handled the interruption like a pro, catching and throwing back the undergarment. This incident occurred amidst his ongoing One Night at a Time World Tour, despite a recent arrest. Wallen's collaboration with Post Malone topped the Hot 100 charts but was recently dethroned by Sabrina Carpenter's 'Please Please Please.'
Source: YAHOO
Reported about 1 year ago
Iowa public utility regulators approved a controversial carbon dioxide pipeline proposed for the Midwest by Summit Carbon Solutions, aiming to transport and store CO2 emissions from ethanol plants in five states. However, the company still needs approval from other states, including North Dakota and South Dakota, and faces opposition from landowners concerned about land seizure and risks of a potential pipeline rupture. This $5.5 billion project is seen as crucial for the ethanol industry and farmers to access federal tax incentives and tap into the market for cleaner aviation fuel, although critics question the project's environmental impact and necessity compared to renewable energy sources.
Source: YAHOO
Reported about 1 year ago
Austrian prosecutors raided the home of Signa Holding GmbH founder Rene Benko and the company’s headquarters as part of a fraud probe. The investigation is looking into suspected embezzlement, fraud, and fraudulent bankruptcy related to Signa and Benko, including allegations of concealing assets. This comes after Benko's real estate and retail empire collapsed, leading to legal scrutiny in multiple countries. The insolvency of Signa remains a contentious issue in Austria due to Benko's connections with the country's political elite, and creditors are seeking more than a billion euros in arbitration from Signa and Benko.
Source: YAHOO
Reported about 1 year ago
Shares of Pool Corporation (POOL) are falling after the company revised its 2024 earnings guidance due to slower-than-expected demand during the summer swimming season. Other companies like Pentair (PNR) are also being affected by the weak demand. The company slashed its earnings forecast significantly, impacting various related industries and indicating cautious consumer spending on big ticket items like swimming pools.
Source: YAHOO
Reported about 1 year ago
As President Biden and former President Donald Trump prepare for the 2024 presidential debate, the focus is on their policies regarding China. Analyst Shehzad Qazi from China Beige Book International predicts that tensions in the US-China relationship will escalate into 'Part Two' of the trade war by 2025, regardless of the president. He anticipates stricter measures from the US towards China, emphasizing the need to track China's regulatory environment closely for business opportunities while acknowledging the changing economic model in China.
Source: YAHOO
Reported about 1 year ago
The Orange Peel Theory trend on TikTok involves partners exchanging oranges, where bringing a peeled orange signifies thoughtfulness, while an unpeeled one is considered inconsiderate. Although this trend is mostly in jest, it can lead to harmful comparisons and misunderstandings in relationships. Instead of testing your partner, discussing love languages and communication gaps is a healthier way to strengthen your relationship. Seeking couples therapy can also be beneficial in resolving communication breakdowns and fostering deeper connections.
Source: YAHOO
Reported about 1 year ago
The article discusses a Squats Across America challenge aimed at promoting healthy exercise and eating habits for truckers and the logistics community. Led by Offshift’s Mark Manera, the challenge involves doing 10 air squats and tagging the organizers on social media. The initiative has garnered participation from over 35 states, encouraging the community to stay active. Additionally, the article covers a partnership between Aurora and Uber Freight to introduce Drivers-as-a-Service (DaaS) for autonomous trucks, as well as the market response to RXO's acquisition of Coyote from UPS.
Source: YAHOO
Reported about 1 year ago
The Motley Fool article covers the significance of the week for Nvidia and semiconductor investors, focusing on Micron Technology's recent updates, upcoming earnings report expectations, and the implications for Nvidia and other semiconductor stock investors. The article highlights the importance of staying informed and making well-informed investment decisions for potential growth.
Source: YAHOO
Reported about 1 year ago
On Tuesday, the S&P 500 rose 0.4% nearing its all-time high, while the Nasdaq composite surged 1.3%, breaking a four-day losing streak despite a drop in most stocks outside artificial intelligence. The Dow Jones Industrial Average, excluding Nvidia, lagged behind and fell 0.8%. Treasury yields held steady after a positive consumer confidence report. S&P 500 gained 21.43 points to 5,469.30, Dow Jones dropped 299.05 points to 39,112.16, Nasdaq rose 220.84 points to 17,717.65, and Russell 2000 fell 8.47 points to 2,022.35.
Source: YAHOO
Reported about 1 year ago
On June 25, 2024, the Nasdaq Composite surged by 220 points while the Dow Jones Industrial Average fell by over 290 points. Nvidia (NVDA) played a significant role in the tech-heavy indexes' performance, with the S&P Equal Weight Index and Nasdaq 100 outperforming due to Nvidia's gains. Other major tech stocks also saw increases. Expert insights and market analysis can be found in a full episode of Market Domination Overtime.
Source: YAHOO
Reported about 1 year ago
美国总统对经济的控制并不像大家想象的那样明显，雅虎财经资深专栏作家Rick Newman加入市场主导者解释，总统对于经济的控制权并不如人们认为的那样大。总统对就业和经济增长有影响力，但对于例如通货膨胀的影响有限。虽然总统会受到经济状况的赞扬或指责，但经济的发展更多取决于其他因素，如紧急措施和立法。
Source: YAHOO
Reported about 1 year ago
Reducing carbon emissions has become a global concern. Total Solution Machinery & Design (TSHS) enhances the production efficiency of continuous drying equipment by combining traditional hot air and microwave energy, reducing processing time and improving production capacity for international food factories. By incorporating innovative technology and smart production monitoring systems, TSHS optimizes energy consumption, increases production efficiency and product quality, and lowers labor costs. As a professional manufacturer with 58 years of experience in food machinery production, TSHS focuses on research and development of innovative technologies to revolutionize smart production in the food processing industry.
Source: YAHOO
Reported about 1 year ago
Conducting a market analysis on June 25, 2024, at 4:10 pm, Liao Jihong, the Investment Director of Kang Ho Securities, pointed out the continued high performance of leading AI electronic weighted stocks such as TSMC, Foxconn, MediaTek, Quanta, and Delta Electronics in Taiwan's stock market. Despite a slight slowdown in the US technology index last week, with foreign investors heavily buying, Taiwan stocks saw a three-week continuous increase with a new high point of 23,406. The market's strength is evident with various indicators reaching high levels, indicating a strong trend. However, Liao mentioned the possibility of a short-term correction due to overbought conditions, despite the overall bullish trend.
Source: YAHOO
Reported about 1 year ago
Fubon Construction, a well-known industry player, held a brand vision presentation titled 'Rebuilding' on June 25, 2024, with over a hundred guests including government officials, partners, landlords, customers, and over 20 media outlets witnessing the company's growth and transformation. The event highlighted Fubon Construction's integrity, creativity, and professionalism, with a focus on sustainable and quality housing development. With notable projects like Fubon Yuan, Fubon City Heart, East Fubon, and Fubon Peace in progress or completed, the company's innovative approaches in construction and renovation have garnered attention and praise.
Source: YAHOO
Reported about 1 year ago
Established in 1968, Wealth Ahead Group is a leading international manufacturer of high-speed automatic box forming machines, foil stamping machines, high-speed box gluing machines, and more. The group's core values are centered around continuous innovation, excellence, and customer satisfaction, with a strong emphasis on technical innovation, environmental sustainability, and social responsibility. To adapt to global uncertainties, the Chairman, Jiang Xinfu, is actively expanding globally, improving internal quality control, and striving for sustainable operations. The group is dedicated to developing environmentally friendly products, promoting a circular economy, enhancing production efficiency through smart factory initiatives, and collaborating with supply chain partners to ensure stability. Embracing digitization and customer customization, Wealth Ahead Group continues to enhance product differentiation, improve production efficiency, and introduce IoT and AI systems for integrated control. By participating in international exhibitions, digital marketing, and showcasing award-winning products, the group aims to diversify its customer base, mitigate risks, and prepare for future competitiveness in the digital era.
Source: YAHOO
Reported about 1 year ago
Chin Mei (1532) Group approved a dividend of 1.51 per share at the shareholders' meeting on June 25, 2024. Chairman Lin Ting-fang emphasized the company's transition towards becoming a holding company, with three major business groups in metal forming, construction of residences, and innovative living. Despite challenges due to global inflation, the group is preparing for economic recovery by stabilizing revenue streams and optimizing processes. The residential construction arm is performing well, with projects such as the successful Chin Mei Forest in Taichung contributing significantly to the company's revenue outlook for the first half of the year.
Source: YAHOO
Reported about 1 year ago
Provided by Cathay Futures' Certificate Department, compiled by Huang Yanhong on June 25, 2024, at 4:10 pm, the Eurozone economy has shown a rebound from its low point this year, with a first-quarter GDP growth rate of 0.4%, up from 0.2% in the previous quarter. However, recent economic data indicates a slower-than-expected recovery in the Eurozone, coupled with the upcoming French parliamentary elections this Sunday, which may lead to a prolonged period of government division for up to three years, creating uncertainty. Overall, the Euro has been depreciating since June, and despite a bounce back after hitting a two-month low, it faces significant resistance near the monthly line due to weak fundamentals. Recent economic data show a decline in the Eurozone services PMI from 53.2 to 52.6, and a drop in the manufacturing PMI from 47.3 to 45.6, both below market expectations. Additionally, the June IFO Business Climate Index fell to 88.6, below expectations, indicating a slower-than-expected recovery. The political uncertainty in France, with President Macron's centrist alliance faring poorly in European Parliament elections and the prospect of an extreme right-wing victory casting further pressure on the Euro, suggests a heightened level of uncertainty for the currency amidst potential governance challenges in France. More Business Times reports: Hsu Hsiu-lan: Clear Energy Policy Can Fight for Industry's Needed Electricity; AR HUD Makes Inroads into Electric Vehicles with Third-Generation Semiconductors; Golden Lineup Takes Shape
Source: YAHOO
Reported about 1 year ago
Taiwan's Interior Minister, Liu Shih-fang, announced plans to report data to the Cabinet within two days to address concerns of real estate speculation using the New Youth Housing loan program, originally intended to help young people purchase homes. The government aims to crack down on speculative behavior and may remove loans for purposes like post-loan renting. Real estate developers are urged to self-regulate marketing practices, with potential penalties of up to 50 million NTD for violations. The government reassures its focus is on curbing property speculation rather than property itself, emphasizing the program's positive intent for young homebuyers despite recent misuse by some industry players.
Source: YAHOO
Reported about 1 year ago
To overcome the challenges of labor shortage and lack of talent, Anko Food Machinery's Chairman Ouyang Yu has been utilizing technologies such as robotic arms, AI, and IoT to automate production processes, reducing reliance on manual labor. At the Taipei International Food Processing Machinery Exhibition, Anko introduced the concept of integrated production line (LINE INTEGRATION) and announced plans to establish a branch in Rotterdam, the Netherlands, to better serve European markets. With the global talent shortage predicted to reach over 85 million by 2030, the food manufacturing industry is rapidly transitioning towards automation, flexibility, and sustainability. Anko's exhibition showcased a complete xiaolongbao production line requiring minimal human intervention, highlighting the company's commitment to automation and innovation in response to market demands and environmental responsibilities.
Source: YAHOO
Reported about 1 year ago
Yulong (5351) held a shareholders' meeting on June 25, 2024, where a new board of directors was elected and Lu Chaoqun was re-elected as the chairman. Despite the challenges faced by the semiconductor industry due to global economic inflation, weak consumption, and interest rate pressures, Yulong remains focused on developing specialized memory and logic chip products to cater to emerging applications like broadband communications, wireless networks, virtual reality, consumer electronics, and artificial intelligence, anticipating a recovery in the semiconductor industry in 2024 with an increase in demand, especially in the memory market.
Source: YAHOO