Reported 11 months ago
RBC Capital Markets US economist Michael Reid sees the economy entering a phase of 'normalization,' as recent data indicators point towards a balanced market. Retail sales reports show signs of economic normalization, with slight consumer spending pullback. Job reports present a mixed landscape, suggesting growth will continue with some weaknesses. Reid also discusses the implications of recent tariffs announced by the Biden administration, foreseeing potential benefits for sectors like semiconductor industry in the long run, despite election-related volatility.
Source: YAHOO
Reported 11 months ago
Chad Morganlander of Washington Crossing Advisors recommends adding Tractor Supply (TSCO) to your portfolio due to factors like rising dividend, high return on capital, and appealing to rural shoppers. In contrast, he advises against Macy's (M) citing their high debt, struggling revenue, and challenges in a competitive retail market. Tractor Supply's unique positioning and steady growth make it a favorable choice, while Macy's may face difficulties in a changing consumer landscape and high leverage.
Source: YAHOO
Reported 11 months ago
During a triple witching day, Nvidia (NVDA) experienced a stock sell-off, sparking speculations about the broader market outlook. Evercore ISI's Julian Emanuel comments on the market's resilience amidst these short-term fluctuations. Despite concerns about a potential correction in Nvidia shares, there remains optimism for the market's future performance, particularly driven by the promise of AI technology. To gain further insights and stay updated on the latest market trends, watch the full episode of Market Domination featuring expert analysis. This article was written by Luke Carberry Mogan.
Source: YAHOO
Reported 11 months ago
卡州州的奧羅維爾湖透過令人驚嘆的對比圖像展示了極端幹旱程度的逆轉。由於2023年和2024年初襲擊加州的暴風雨繼續帶來希望，嚴重的幹旱使整個州的水位降至令人震驚的歷史新低。這些暴風雨在歷經艱困後，已讓奧羅維爾湖等少數地區的水位達到100%滿溢。
Source: YAHOO
Reported 11 months ago
As Wall Street tries various trading strategies in the flourishing stock market, it is found that the simple act of buying and holding the S&P 500 has outperformed most other complex strategies in the past year. Financial firms are marketing innovative trades to clients amid economic uncertainties, but the straightforward approach of investing in index funds has been the most profitable. Strategies that deviate from traditional indexes have struggled, as the stock market continues to rally with tech stocks leading the way. Analysts caution investors to diversify as the concentrated market rally poses risks.
Source: YAHOO
Reported 11 months ago
Source: WSJ
Reported 11 months ago
A$AP Rocky宣布他期待已久的新專輯《Don’t Be Dumb》將於8月30日正式發行。此專輯的曲目目前尚未公佈，但可能包含他在過去幾年中發行的多首單曲。在上一張專輯《Testing》發行後，A$AP Rocky與Rihanna共育有兩個孩子，也曾因麻煩與法律纏鬥。
Source: YAHOO
Reported 11 months ago
In his latest album 'Éxodo,' Peso Pluma discusses his rise to fame and the darker elements of his life, contrasting it with his earlier work in 'Génesis.' Collaborating with artists like Quavo and Cardi B, he reflects on maturity in his vocals and learning from others to enhance his music. Producer Ernesto Fernandez contributed to defining Peso's trademark sound, mixing Mexican corrido music with innovative elements. Inspired by WWE and Ric Flair, Peso incorporated nostalgic elements into 'Ice,' emphasizing his unique musical identity.
Source: YAHOO
Reported 11 months ago
The S&P 500 and Nasdaq closed lower on Friday's session, with the Dow Jones Industrial Average slightly up. However, all three major market averages ended the week on a positive note. The market performance was discussed in the context of the day's triple witching event by Julie Hyman and Jared Blikre on Market Domination Overtime, highlighting the sector action and institutional volume increase. The week saw the Dow up by 1.5% while the Nasdaq remained flat, reflecting contrasting movements in the market recently.
Source: YAHOO
Reported 11 months ago
As oil prices rise, gas prices remain stable due to soft demand at under 9 million barrels a day, compared to 2019 and 2018. GasBuddy's head of petroleum analysis, Patrick De Haan, notes the influence of COVID on travel demand, mentioning 'revenge travel' in 2022 and domestically in 2021 and 2022. De Haan also discusses Biden's limited leverage over gas prices in an election year, highlighting potential strategies and the impact of natural disasters like hurricanes on gas prices.
Source: YAHOO
Reported 11 months ago
In 'The Boys,' Laz Alonso continues to portray Mother's Milk despite fans noticing a significant appearance change in season 4. This change, including his weight loss and lack of beard, was explained as reflective of the character's stress and new leadership role. Alonso addressed his real-life weight loss on Instagram in 2023, attributing it to pizza indulgence. The actor shared that as MM ascends in status within the CIA and The Boys, his appearance evolves to match his position, incorporating elements from the comic source material in each season.
Source: YAHOO
Reported 11 months ago
US stocks closed on Friday with mixed results, but for the week, they showed gains despite the artificial intelligence trade facing challenges. The Dow Jones led with a 1.5% increase, while the S&P 500 and Nasdaq 100 rose around 0.5%. There are calls for a July interest rate cut as recession risks increase, with Nvidia and other AI-related stocks experiencing declines. Economists are closely monitoring economic data, with expectations of a potential interest rate cut to prevent recession, as US indexes closed slightly lower on Friday.
Source: YAHOO
Reported 11 months ago
Kyle Richards stood by her decision to give her daughter a luxurious Porsche Cayenne for her Sweet 16, despite facing criticism. The 'Real Housewives of Beverly Hills' star defended the extravagant gift, emphasizing that her daughter deserved it for being a good kid. In a heartwarming video, Richards and her estranged husband stood united to surprise their daughter with the lavish car, eliciting emotional reactions from fans praising Portia's gratitude and the family's close bond.
Source: YAHOO
Reported 11 months ago
In May, existing home sales in the US decreased for the third consecutive month as prices reached an all-time high of $419,300. The National Association of Realtors reported a 0.7% drop in May sales compared to April, with only the Midwest region experiencing an increase. Affordability challenges, coupled with high interest rates around 7%, are impacting the market, leaving buyers struggling. Despite a 6% annual increase in home prices and an increase in inventory, the market is experiencing slower activity but continues to see multiple offer situations.
Source: YAHOO
Reported 11 months ago
Ant Anstead offers a glimpse into his new project of transforming a historic barn into his workshop to restore antique cars and fund the renovation of a 500-year-old farmhouse in rural England, intended for his parents. The British car expert plans to document the process in a new show, 'Ant Anstead: The Naked Mechanic', soon to air on Discovery+.
Source: YAHOO
Reported 11 months ago
US stocks mostly finished in the red with the S&P 500 and Nasdaq losing about 0.2% as Nvidia slid for a second day. The Dow Jones managed to climb slightly. The markets showed signs of fatigue after a tech-led rally, with Nvidia leading the AI-fueled rally but lost over 3% on Friday. Investors are also evaluating the US economy's health and potential interest rate changes. The Federal Reserve's upcoming inflation gauge data will play a key role in central bankers' decisions.
Source: YAHOO
Reported 11 months ago
Walmart is offering over 25 top deals this weekend with discounts up to 80% off on popular products like HP laptops, gold-plated earrings, cookware sets, wireless earbuds, vacuum cleaners, and more. The markdowns are part of Walmart+ Week, lasting until Sunday, 6/23, and include various categories such as bestsellers, tried-and-tested products, rare sales, products under $25, and Walmart-exclusive items. Shoppers can find a wide range of items like electronics, home goods, clothing, and kitchenware at discounted prices during this summer promotion.
Source: YAHOO
Reported 11 months ago
Victony, a Nigerian Afropop artist, released his debut album 'Stubborn' on June 21. The album, inspired by a near-fatal car accident in 2021, symbolizes overcoming adversity and turning life's hardships into powerful art. Victony collaborated with various artists, including Teezo Touchdown and Saint JHN, creating a diverse and profound collection of songs. Through his music, Victony aims to inspire listeners to find strength and hope in their own journeys. The album also credits the influential African rapper Olamide Baddo, showcasing Victony's appreciation for his mentor's support. Victony plans to tour North America this summer in support of 'Stubborn.'
Source: YAHOO
Reported 11 months ago
Reported by Lu Shumei and Huang Yanhong/Taipei, June 21, 2024, 4:10 PM. Despite recent record-high stock surges, TSMC shocked the market on the 21st with a NT$28.92 million massive default delivery, marking its first huge default. The Taiwan Stock Exchange announced that the total amount of defaulted deliveries reported by concentrated market securities dealers was NT$44.109 million, with a net amount of NT$38.544 million after offsetting purchases and sales, the second highest single-day amount this year. The main issue stemmed from Hugania TSMC's NT$28.92 million defaulted delivery, reported by Guop Securities Anhe Branch. This year's second case following Kanhon Nankan and Huanan Zhongzheng's NT$26.161 million default on April 12. Insiders revealed the default involved Guop Anhe's foreign clients, with remittances in progress but missing the final reporting deadline due to Taiwan's T+2 trading settlement. TSMC stock hit a historic high of NT$984 on June 19, closing at NT$981, and dropped to NT$970 on the 21st, influenced by TSMC ADR's decline. The government approves extending the investment in Taiwan's three major programs by three years and reveals the 2022 financial tax's four new regulations, with the comprehensive income tax having the most impact based on the news from the Commercial Times.
Source: YAHOO
Reported 11 months ago
Quanta Display (3481) has been experiencing consecutive losses for the past two years, but with signs of improvement in the panel market in the first half of this year, turning losses into profits remains challenging. To boost profitability, Quanta Display is selling factories, continuing with restructuring efforts, and actively streamlining operations. Despite reducing losses in the first quarter and expectations of further improvement due to rising panel prices and increased shipments in the second quarter, uncertainties remain with the completion of pre-Olympic stocking and lower-than-expected sales during promotional periods. The company's aggressive restructuring actions, including closing inefficient old factories and focusing on high-value non-display products like X-ray sensors and upcoming mass production of FOPLP panel-level packaging, aim to navigate the challenging market conditions.
Source: YAHOO
Reported 11 months ago
Weiqiaoyi/Taipei Report: On June 21, 2024, at 4:10 pm, Financial Supervisory Commission Chairman Peng Jinlong aims to make Taiwan Asia's asset management center, with specific plans expected to be presented in August. Peng stressed the need for five key infrastructure developments for success. The Banking Bureau director Chuang Chiuyuan revealed plans to relax more restrictions on financial management and private banking products, including premium financing, policy loans, and speeding up new product approvals. Initiatives include enhancing professional manpower, exchange rate controls, attractive tax systems, communication environments, and flexible organizational structures.
Source: YAHOO
Reported 11 months ago
In May of last year, the World Chinese Religion Research Association held its founding meeting at National Chengchi University, aiming to promote interdisciplinary research in humanities and natural sciences, integrate resources from various sectors, and enhance the image of Taiwan's religion. Cai Junwei, the current vice chairman of the association, transitioned from being a spokesperson for a political figure to speaking for deities, focusing on promoting and preserving religious culture. He has visited over 70 temples within a year and become a consultant for two temples, providing services based on their specific needs.
Source: YAHOO
Reported 11 months ago
Champion Building Materials, the largest ceramic tile design and production group in the country, announced the grand opening of the brand-new Bamboo Sprout District brand image gallery, integrating its Champion Tiles, Marazzi Tiles, Anxinju Imported Tiles, and Anxinju SPC premium floor brands. The opening ceremony attracted numerous dignitaries, and showcased the commitment of Champion Building Materials to sustainable operation through green building materials and green production processes, leading the ceramic industry's development with ESG sustainable operation reports and efforts towards green buildings and energy efficiency.
Source: YAHOO
Reported 11 months ago
The US Treasury Department recently released a report on the economic and foreign exchange policies of major trading partners, listing seven countries or regions, including Taiwan, on the observation list for currency manipulation. Taiwan, for the fourth consecutive time, met two out of three monitoring criteria, remaining on the watchlist mainly due to structural economic issues. Japan was added to the list while countries like China, Germany, Malaysia, Singapore, and Vietnam remained. The report also highlighted concerns about China's lack of transparency in currency manipulation and singled out Japan for its recent currency intervention strategies, emphasizing the need for open dialogue and proper negotiation in such actions.
Source: YAHOO
Reported 11 months ago
On June 21, 2024, the Shanghai stock market experienced fluctuations as the real estate market in mainland China weakened and consumer spending sentiments remained low. The Shanghai Composite Index fell by 0.24% to close at 2,998.14 points, dipping below the 3,000-point mark once again after nearly three months. Market analysts predict further volatility within the range of 2,850 to 3,500 points and anticipate a bottoming rebound following the index’s drop below 3,000 points, expected to attract cautious investors.
Source: YAHOO