Reported 7 months ago
According to a report from June 14, 2024, at 4:10 PM, Adobe, a US software company, announced its second-quarter fiscal results ending in May, exceeding expectations and leading to a rise in stock prices. Adobe's Q2 revenue was $5.31 billion, up 10% from the same period last year and surpassing forecasts, with digital media and digital experience businesses performing exceptionally well. The CFO, Dan Durn, attributed their success to cloud innovations that enhance productivity for customers. Although no specific data on AI's revenue impact was provided, the increasing use of Firefly AI was highlighted, achieving a record number of image generations in May.
Source: YAHOO
Reported 7 months ago
On June 14, 2024, Taiwan's stock market reached new heights with the weighted index hitting a record high of 22,504 points, and the over-the-counter index surged to a 24-year high. TSMC led the rally, breaking its closing and historical highs, with Yageo reaching a closing price of NT$1,010, marking a new milestone of 17K high and making a record of 437 stocks priced over NT$100. Foreign investors have been buying for three consecutive days, turning long in June, while high-priced stocks continue to attract investment, indicating strong market confidence and bullish sentiment.
Source: YAHOO
Reported 7 months ago
美國在台協會AIT處長孫曉雅表示，台灣民間公司若要加入美國國防供應鏈，必須先符合美國標準，且台灣在先進製造和高科技領域有機會扮演關鍵角色。她指出國際局勢變得複雜，強調台美關係將更為穩固。賴清德則提倡加速推動台灣AI計畫，讓台灣成為AI創新發展的中心。
Source: YAHOO
Reported 7 months ago
On June 14, 2024, Yao Shun visited Sanmin Tasting, located in the Air Force Military Village in Sanchong, to enjoy their signature sour vegetable and pork hotpot, providing a taste similar to dining at a military village friend's house. Apart from the hotpot, Sanmin Tasting offers a variety of unique snacks such as the Beef Scallion Pancake and Pork Meatball with Sichuan peppercorn, creating a savory and flavorful experience.
Source: YAHOO
Reported 7 months ago
At the shareholders' meeting of Union Food (1231), a major producer of domestic leisure food brands like Kokokko and Wansui, held on June 14, 2024, a cash dividend of 1.6 yuan and a stock dividend of 1 yuan were approved. Regarding the 2023 fire at the Changhua factory, Chairman Li Kaiyuan stated that the rebuilt factory has begun trial operation, focusing on developing customized and niche products for specific target groups. In other news, Economic Daily News reports high demand for Lianmao in the fourth quarter of 2022 and Zhaofeng Banking organizing a $25 million syndicated loan for Zhiqiang-KY.
Source: YAHOO
Reported 7 months ago
NTK (6230) stock price surged ahead, briefly crossing the $400 milestone, despite recent pullbacks. On June 14, another limit-up was hit, overcoming short-term resistance and moving above all moving averages, indicating a bullish reversal. NTK's Q1 revenue and profit declined due to fewer working days and reduced shipments of gaming applications, with a 40% and 53% drop compared to the same period last year. However, Q2 revenue is expected to rise as May revenue continues to improve. More reports on overseas trading, record 4 trillion in November brokerage orders, and a projected 3% decrease in TV panel shipments next year are covered by Commercial Times.
Source: YAHOO
Reported 7 months ago
According to the latest report from automotive market research firm Jato Dynamics, Chinese car manufacturers, led by BYD, surpassed US car brands in new car sales in 2023. Chinese brands sold 13.4 million vehicles compared to 11.9 million by US brands, with Japanese brands leading with 23.59 million vehicles. The growth rate of Chinese car sales also exceeded the US, with an annual increase of 23% compared to 9% in the US. The intense demand in emerging markets accounted for one-fifth of total new car sales in 2023, prompting Chinese manufacturers to expand their presence overseas, despite the price war in the Chinese electric car market affecting their profits.
Source: YAHOO
Reported 7 months ago
As the Mainland tourism market continues to heat up, the first quarter of 2024 saw 15 Mainland tourist attraction-listed companies reporting a double increase in revenue and net profit. These 15 companies collectively generated a revenue of RMB 4.487 billion in the first quarter, a 19% year-on-year increase, with a total net profit growth of 34% to RMB 399 million. Among the companies, over 60% were profitable, with around 53% showing a positive net profit growth rate. The performance of these companies reflects a structural highlight or incremental supply within Mainland China's national destinations, compared to the same period in 2023, with some key companies like Changbai Mountain and Songcheng Performance Art notably demonstrating significant revenue growth.
Source: YAHOO
Reported 7 months ago
Gaming channel leader IGS (5478) will hold a shareholders' meeting on June 24 to elect ten directors. IGS announced on June 14 that ISS (Institutional Shareholder Services), a significant international proxy advisory firm, fully supports all ten nominees proposed by IGS for the election. Following a battle for control with major shareholder Netbank at the end of last year, IGS brought in the white knight Rong Gang, concluding the power struggle. The upcoming election of directors and supervisors in late June is also drawing attention, with IGS nominating ten candidates, including current chairman Wang Junbo and directors Wang Jiongfen, Shi Minghao, Jian Jincheng, Zhang Hongyuan, and Chen Zhengwen, along with independent directors Xu Shoude, Lin Xuanzhu, Cao Weijie, and Qiu Huiyin.
Source: YAHOO
Reported 7 months ago
Eli Lilly has revealed its latest manufacturing plant in Concord, North Carolina, to address manufacturing bottlenecks for GLP-1 drugs, Mounjaro for diabetes and Zepbound for weight loss, with the new facility set to produce injectable pens starting in 2025. The company plans to expand manufacturing to meet high demand, with the new facility, costing $2 billion, being completed in two years rather than the typical five, thanks to North Carolina's support and streamlined FDA collaboration. The company aims to build 10 to 15 new facilities to keep up with current demand, with Wall Street predicting $13.5 billion in revenue from GLP-1 drugs in 2024, prompting a $2 billion increase in 2024 guidance.
Source: YAHOO
Reported 7 months ago
This week's Latin music releases include new tracks from artists like Paulo Londra, Ángela Aguilar, and Mario Bautista, along with a nostalgic comeback from Mexican boy band Magneto. Other releases featured are Cimafunk's 'Pretty', Chino Pacas’ 'Mami Chula', and more. Last week's top vote went to Feid's 'Sorry 4 That Much', with this week's contenders including ROBI and Magneto. Fans can vote for their favorite new release on Billboard's Latin roundup.
Source: YAHOO
Reported 7 months ago
US stocks ended the week higher after a cool May inflation report and Apple's announcement of its AI ambitions. The Nasdaq 100 closed at record highs due to excitement over AI and strong earnings from Broadcom and Adobe. The Federal Reserve hinted at potential interest rate cuts if inflation continues to decrease. The S&P 500 and Nasdaq 100 hit record highs, while the Dow Jones finished slightly down. The market anticipates a 61% chance of a rate cut at the September FOMC meeting. In other news, Elon Musk's $50 billion pay package was approved, Tesla could reach a $30 trillion valuation, and other stocks like Broadcom are seen as potential trillion-dollar companies.
Source: YAHOO
Reported 7 months ago
Brazil is taking advantage of the US biofuels boom by increasing exports of Brazilian cattle tallow, a form of waste fat used in renewable fuels, leading to a 377% surge in US purchases in the first four months of 2024. US fuel producers like Diamond Green Diesel LLC and Marathon Petroleum Corp. are opting for cheaper raw materials from abroad to improve their margins. This influx of Brazilian imports is challenging American farmers and agriculture companies relying on crop-based green diesel feedstocks, risking profit decline and expansion setbacks.
Source: YAHOO
Reported 7 months ago
During the NBA Finals, Celtics players have expressed admiration for their coach Joe Mazzulla's unorthodox coaching style, particularly his use of video clips from various sources like soccer teams, killer whales, and UFC fights to convey strategic lessons. Players appreciate Mazzulla's innovative approach to the game and acknowledge the impact it has had on their performance leading up to Game 4.
Source: YAHOO
Reported 7 months ago
Two men, Thomas Pavey and Raheim Hamilton, have been charged by US prosecutors for running a dark web market called 'Empire Market' where over $430 million worth of drugs, stolen information, counterfeit currency, and malicious programs were anonymously bought and sold. Pavey and Hamilton allegedly engaged in drug trafficking, computer fraud, money laundering, and other crimes through the platform between 2018 and 2020, using cryptocurrency for transactions. They are held in federal custody, facing charges for their involvement in 'AlphaBay' as well. Investigators seized cash, precious metals, and over $75 million in cryptocurrencies from the accused individuals.
Source: YAHOO
Reported 7 months ago
自2008年起，電視學院一直用艾美獎最佳真人秀/競賽節目主持人獎來表揚真人秀和競賽節目的主持人工作。在今年的第一輪提名投票期間，八個分部的學院成員必須從48名參賽者中選擇，比2023年的67名參賽者減少，並保持了五個提名名額。2024提名登記表中有現任冠軍RuPaul Charles，他已連續八次獲得“RuPaul's Drag Race”提名。也在尋求另一次勝利的是Jeff Probst（“Survivor”），他在2008年至2011年主宰該項目，但自那時以來沒有被提名。
Source: YAHOO
Reported 7 months ago
The Chicago White Sox brought back Tommy Pham from his rehab assignment and made three other roster moves, including selecting Chad Kuhl from Triple-A Charlotte and optioning Zach DeLoach and Jordan Leasure. Pham had been on the injured list due to an ankle sprain since June 4 and has been performing well with a batting average of .280, three home runs, and 12 RBIs since joining the club.
Source: YAHOO
Reported 7 months ago
Tempus AI（TEM）通過首次公開募股（IPO）在納斯達克交易市場上市。這支股票自開盤價格37美元後在周五交易中大漲。市場主導安克 Julie Hyman和Josh Lipton在更廣泛的AI敘事中研究了Tempus。
Source: YAHOO
Reported 7 months ago
Skaiwater是23岁的说唱歌手、歌手和制作人Tyler Brooks。去年初，他宣布自己身份为非二进制，并开始以性别流动的方式呈现，受到了大量粉丝的支持。周五（6月14日）推出了专辑gigi，这是一张充满各种风味和风格的专辑，甜美、原始、开放、有趣且富有灵魂。该专辑探索了不同类型的黑人舞曲，展示了从流行到灵魂的将来之声，并特别强调Lil Nas X在“light!”中的合作。Skaiwater还分享了他对音乐的影响、转变以及作为非二进制个体在音乐行业中的挑战和看法。
Source: YAHOO
Reported 7 months ago
智利BHP集團的銅礦工人接受了公司最新的工資提議，結束了在占全球供應量約1％的礦山進行緊張的集體談判過程。Spence礦山的工人通過了本週經管理層和工會領導人進行調解談判reached的初步協議，這些達成的協議使智利在高銅價背景下生產商利潤增加並且工人通過薪酬期望也加大的紛擾生產商的忙碌的集體談判進程得以緩和。目前關注轉向BHP在智利其他的Escondida運營，該礦山比Spence要大四倍多，並且在過去也曾發生漫長的罷工。
Source: YAHOO
Reported 7 months ago
In a turnaround from his previous actions, former President Donald Trump, who defied the NRA to ban bump stocks after a mass shooting in 2018, now claims he 'did nothing' to restrict guns as he campaigns for the 2024 election. The Supreme Court recently overturned Trump's own ban on bump stocks, drawing attention to his complex record on gun control issues and showing his conservative base's reluctance towards gun restrictions despite public support for tighter regulations. Trump, endorsed by the NRA, now presents himself as a strong supporter of Second Amendment rights amid criticism from President Joe Biden's campaign over the ban reversal.
Source: YAHOO
Reported 7 months ago
Flows into spot bitcoin ETFs have turned negative recently as the price of the cryptocurrency dropped, leading to over $300 million in outflows for the week. Notably, Grayscale Bitcoin Trust (GBTC) and Fidelity Wise Origin Bitcoin Fund (FBTC) saw significant outflows, while BlackRock Bitcoin Trust (IBIT) received only mild interest with $38 million in inflows. The price drop is attributed to miners selling holdings to improve balance sheets and profit-taking among large investors. Despite recent outflows, spot bitcoin ETFs recorded high inflows of $886 million on June 4, indicating fluctuating investor interest in the cryptocurrency market.
Source: YAHOO
Reported 7 months ago
The Houston Astros have released José Abreu, the former AL MVP, with $30.8 million remaining on his contract. Abreu, who was batting .124 this season, spent time in the minors to improve his performance. The Astros owe him $30.8 million from the $58.5 million contract signed last year. Any team can now sign the three-time All-Star and former MVP for a prorated share of the major league minimum salary.
Source: YAHOO
Reported 7 months ago
MicroStrategy（MSTR）正在出售可轉債券，現已將其預期銷售額提高至7億美元，用於購買更多比特幣（BTC-USD）。Market Domination團隊分析了MicroStrategy的股價與其比特幣持有價值之間的關係。詳細了解專家見解和最新市場行動，請點擊這裡收看Market Domination完整事件。
Source: YAHOO
Reported 7 months ago
The Federal Reserve Bank of New York released data indicating that the neutral interest rate, known as R-Star, remained at a low level of 0.7% in the first quarter of 2024, unchanged from the last quarter of 2023. This suggests a continuing environment of low interest rates, contrasting with Fed officials' expectations of a shift away from the era of extremely low borrowing costs prior to the pandemic. The latest Fed forecasts also show an increase in the longer-run federal funds rate target, indicating a possible rise in R-Star. Fed Chair Jerome Powell mentioned that R-Star is a theoretical concept and that the Fed's long-term rate forecast reflects an evolving view on interest rates. The article discusses the challenges faced by Fed officials in understanding the effects of monetary policy on the economy amidst the current economic conditions.
Source: YAHOO