Reported 4 months ago
The utilities sector, having closed its best May performance since 2003, is discussed by KeyBanc Capital Markets Equity Research Analyst Sophie Karp and eToro US Investment and Options Analyst Bret Kenwell. Karp expresses bullish sentiment on the defensive and historically inexpensive nature of the utility sector, suggesting they are key players in the AI 'gold rush' selling 'shovels'. Kenwell adds that despite the need for large capital investments to meet AI-fueled demand, earnings expectations remain strong for sector leaders. The experts highlight the sector's attractiveness and ability to meet increasing power demands driven by AI, crypto, and EVs.
Source: YAHOO
Reported 4 months ago
LeBron James expressed admiration for Kyrie Irving, calling him the most gifted player the NBA has ever seen during a podcast. Despite not being teammates anymore, LeBron is happy to see Irving's growth and success with the Dallas Mavericks. As Irving plays a crucial role in the NBA Finals, LeBron acknowledges his talent and contribution to the team, highlighting the challenge Irving faces in matching high expectations to potentially lead the Mavericks to victory against Boston.
Source: YAHOO
Reported 4 months ago
Google的隱私主管Keith Enright將於今年秋天離開該公司，這位在科技巨頭工作了13年的高管將離職，Alphabet旗下公司的發言人周二表示。公司表示，他們將加強法律、監管和合規工作，以滿足新的義務和期望。Enright在2018年9月被任命為Google的隱私主管，當時該公司因隱私問題面臨重大政府監督。Enright的離職是隱私團隊內部重組的一部分，該公司試圖將隱私政策轉移到各個產品管理團隊身上。
Source: YAHOO
Reported 4 months ago
Justin Levine discusses how the 'Tulsa sound' influenced the score, orchestrations, and book of 'The Outsiders' musical, earning him three Tony nominations. Collaborating with Adam Rapp, Jamestown Revival, and Matt Hinkley, Levine brought the music and story of the Broadway adaptation of the 1967 novel to life, as revealed in a webchat hosted by Gold Derby's David Buchanan.
Source: YAHOO
Reported 4 months ago
A recent report has uncovered alarming levels of contaminants, specifically phthalates, in 13 popular olive oil brands, revealing levels ranging from 559 to 6,092 parts per billion. The presence of phthalates poses health risks like cancer, behavioral problems, and hormone disruption. While the impact on health remains debated, the findings have sparked concerns over food safety practices and call for further research into the farming and supply-chain processes. Recommendations include avoiding processed foods and plastic containers to limit exposure to phthalates, while urging regulatory bodies for stricter standards.
Source: YAHOO
Reported 4 months ago
US stocks showed mixed performance on Tuesday, with the S&P 500 and Nasdaq rising 0.1% and the Dow Jones up 0.4% after fluctuating amid shifts in rate-cut expectations due to weaker economic data. Recent reports of falling job openings and uncertainty over interest rates have led to updated rate-cut forecasts, with traders now expecting potential Fed cuts by September. The GameStop rally slowed down after a 21% jump, while other companies like Ford saw growth. Oil prices fell on manufacturing data concerns, and Super Micro showed strong demand for its products. Overall, the markets are cautiously navigating economic indicators and rate uncertainty.
Source: YAHOO
Reported 4 months ago
Malcolm Dorson from Global X ETFs discusses the election of Mexico's first female president, Claudia Sheinbaum, and its impact on the economy. Dorson highlights the risks associated with Sheinbaum's increased power due to strong support in the Senate and lower House, warning of potential state intervention and higher spending that could lead to a higher fiscal deficit, inflation, and a weaker peso against the US dollar. This could prompt investors to shift towards quality blue-chip stocks in Mexico and focus on fundamentals rather than high beta trades in both Mexico and India.
Source: YAHOO
Reported 4 months ago
Both CeeDee Lamb of the Dallas Cowboys and Brandon Aiyuk of the San Francisco 49ers skipped the start of mandatory minicamps in hopes of securing lucrative long-term extensions as they approach the final year of their rookie contracts. Lamb had a standout season leading the league in receptions, while Aiyuk had a breakout year helping the 49ers reach the Super Bowl. Their holdouts come shortly after Justin Jefferson and A.J. Brown signed record-breaking wide receiver contracts, putting pressure on the Cowboys and 49ers to compensate their star receivers accordingly.
Source: YAHOO
Reported 4 months ago
Hackers targeted well-known brands and celebrities on TikTok by sending malicious links through private messages to hijack prominent accounts. TikTok's owner, ByteDance Ltd., confirmed that intruders breached accounts of some accounts, including CNN's, but did not disclose the full list. The social media service is taking steps to mitigate the incidents and prevent future attacks amid concerns about its future in the US, facing pressure to sell due to potential data security issues.
Source: YAHOO
Reported 4 months ago
美国联邦航空管理局（FAA）周二表示，已经为SpaceX的第四次Starship火箭系统试飞发放了许可证，这是该公司通往建设可重复使用的卫星发射器和登月器的道路上的又一次测试任务。SpaceX旗下的Elon Musk旨在在周四早上7点（中部时间）从位于德克萨斯南部的火箭设施发射将近400英尺（122米）高的两级Starship火箭。Starship代表了SpaceX主导的卫星发射和宇航员业务的未来，计划在本十年晚些时候使用Starship将首批宇航员送上月球自1972年以来。每枚Starship火箭在测试目标上的表现都比以前的测试良好，主要目标是更深入地进行大气层再入，以期通过最大的加热。
Source: YAHOO
Reported 4 months ago
Hewlett Packard Enterprise forecasts third-quarter revenue higher than expectations with AI servers seeing a surge in demand, leading to an 11% rise in shares. The company notes a more than doubled revenue from AI systems, driven by robust order volumes and improved supply chain conversion rates. Additionally, increased demand in hybrid cloud and data storage segments, along with optimistic outlooks for networking, are positioning the company favorably for the future.
Source: YAHOO
Reported 4 months ago
Source: BARRONS
Reported 4 months ago
Miami Dolphins quarterback Tua Tagovailoa, entering his fifth year with the team, expressed during minicamp that he is not frustrated but anticipatory about ongoing contract negotiations for a deal reflecting his recent success. Despite leading the league in passing yards in 2023, Tagovailoa remains patient but eager to secure a contract soon. Other quarterbacks' lucrative deals in the NFL have influenced his sense of urgency, with teammate Tyreek Hill also advocating for proper compensation in light of their performance and potential.
Source: YAHOO
Reported 4 months ago
SITA希望透過創建SmartSea公司，將其航空貨運技術擴展到海洋領域。該公司與哥倫比亞船舶管理公司（CSM）合作，旨在提供整合的海事管理平台，並爭取成為全球航運業的市場領導者。SITA目前正在將其航空領域的技術應用於海事，並計劃在2027年初完成數據基礎設施，提供海事技術解決方案並成為市場領導者。
Source: YAHOO
Reported 4 months ago
Head coach Kyle Shanahan of the San Francisco 49ers commented on Brandon Aiyuk's absence from mandatory minicamp, mentioning that some players attend to avoid fines while others don't. Shanahan emphasized the importance of understanding the business aspect of contract negotiations and stated that despite the ongoing situation, the team remains focused on the process and preparation for the upcoming season.
Source: YAHOO
Reported 4 months ago
President Biden has issued an executive order to enhance the asylum screening process at the southern border, aiming to reduce the influx of migrants into the United States. Criticisms of this new immigration policy have arisen, likening it to a Trump-era policy. The order sets stricter standards for asylum applications when border crossings reach a certain level, with the goal of dissuading potential migrants. The relationship between the US and Mexico is also discussed, emphasizing the importance of cooperation on border issues.
Source: YAHOO
Reported 4 months ago
Major League Baseball has permanently banned San Diego Padres’ Tucupita Marcano for betting on Pittsburgh Pirates games while on the team, placing 387 bets totaling over $150,000. Marcano bet on his team to lose in some parlay wagers, leading to his lifetime ban. MLB also suspended four other players for one year for minor gambling infractions. This incident highlights the risks of MLB's association with gambling and draws attention to the larger issue of young players' financial vulnerability and the influence of pervasive gambling advertising in baseball.
Source: YAHOO
Reported 4 months ago
In Netflix's limited series 'Eric,' Gaby Hoffmann stars opposite Benedict Cumberbatch as parents searching for their missing son with the help of a life-size blue monster puppet. Initially hesitant about the storyline, Hoffmann realized the show was more of a fairy tale about societal failures. She discusses the importance of setting the series in the 80s, the character dynamics, and the experience of working with Cumberbatch. Hoffmann also explains how the puppet element added depth to the characters' psychological journey.
Source: YAHOO
Reported 4 months ago
As Prime Minister Narendra Modi's alliance won India's general election, Global X ETFs Senior Portfolio Manager Malcolm Dorson discusses the market's reaction. Initially enthusiastic, the market rose 4% on Modi's victory declaration, but it fell 6% as official results showed a smaller margin. Dorson explains that while a coalition government isn't necessarily negative, the market may be over-optimistic. He emphasizes India's long-term positive outlook due to its democratic system, market-friendly governance, demographics, China's momentum, and advanced digital infrastructure.
Source: YAHOO
Reported 4 months ago
Lululemon（LULU）周四股价上涨约4％，公司提高了全年利润展望并将股票回购计划提高了10亿美元。尽管该公司在疫情期间受益于消费者对休闲服装的需求激增，但销售增长在最近几个季度有所放缓。Q4季度，营收同比增长16％，而最近一个季度，Lululemon的营收同比增长10％。Lululemon在Q1营收为22.1亿美元，略高于华尔街对22亿美元的预期。北美的可比销售额在第一季度持平，这对投资者来说是个令人担忧的问题。CEO Calvin McDonald表示，公司在美国女装系列方面存在一些“错失的机会”。
Source: YAHOO
Reported 4 months ago
FTX has requested a U.S. judge to stop external lawsuits against company insiders and venture capital firms linked to the collapse of the bankrupt crypto exchange. The lawsuits, including class action complaints by FTX customers, threaten a $16 billion recovery plan for repaying customers in bankruptcy. The litigation resumed following FTX founder Sam Bankman-Fried's criminal trial, where he was sentenced to 25 years in prison for misappropriating customer funds. FTX expressed concerns over class action lawyers seeking substantial legal fees despite providing little benefit to customers. The company aims to repay customers by selling assets and pursuing legal action against individuals involved in the collapse.
Source: YAHOO
Reported 4 months ago
Average Americans are concerned about saving enough for retirement due to worries about living expenses, unexpected costs, stock market volatility, debt, increased life expectancy, and uncertainty about Social Security benefits. Retirement income expert Joseph Guyton offers tips to ease these concerns by emphasizing the difference between retirement planning and retirement income planning, suggesting early retirement investments, determining adequate savings based on retirement age, lifestyle, and expenses, and ensuring multiple income streams including guaranteed sources like Social Security and pensions while considering insurance options for protection.
Source: YAHOO
Reported 4 months ago
Evangeline Lilly, known for her role in 'Ant-Man and the Wasp: Quantumania', announced on Instagram her decision to step away from Hollywood for a new season in her life, expressing happiness and readiness for a different direction. Lilly shared a video from 2006 where she spoke about her aspirations to shift from acting to writing and humanitarian work, reflecting on her career journey and future goals.
Source: YAHOO
Reported 4 months ago
Elon Musk confirmed diverting artificial intelligence chips from Tesla to X Corp. and xAI Corp., citing issues with finding a suitable place for the chips at Tesla and internal Nvidia emails. Musk clarified discrepancies in statements made during Tesla's earnings call and X, revealing plans to spend around $10 billion on AI this year. The move caused Tesla shares to drop, amid Musk's ongoing efforts to develop AI technology within the company.
Source: YAHOO