Reported 4 months ago
Gautam Adani's wealth plummeted by nearly $25 billion, the biggest one-day drop for an Asian billionaire, following Narendra Modi's party's underwhelming election win, which dashed hopes of a landslide victory. All 10 Adani Group stocks fell, wiping out around $45 billion in market value. This loss surpassed the impact from previous allegations and left Adani as Asia's richest person. The decline highlights the close tie between Adani's conglomerate's fortunes and Modi's leadership, with investor sentiment highly influenced by the election outcome.
Source: YAHOO
Reported 4 months ago
WNBA的新秀包括Caitlin Clark、Angel Reese和Cameron Brink等都在應對職業籃球聯盟的挑戰，他們的表現備受關注。Clark作為WNBA選秀的狀元，已在印第安納熱火隊展現出色，而Reese在芝加哥天空隊也有穩定表現。同時，來自斯坦福大學的Brink在洛杉磯火花隊也展現防守能力。這些新秀的發展對於球隊的未來發展至關重要。
Source: YAHOO
Reported 4 months ago
Source: INVESTORS
Reported 4 months ago
Elon Musk reportedly instructed Nvidia to redirect AI chips originally intended for Tesla to his X company and xAI startup, based on emails obtained by CNBC. This decision was made in light of the increased demand for AI chips as Tesla's CEO Musk plans to boost the deployment of the H100 chips from 35,000 to 85,000 by the end of the year. The move has potential implications on market dynamics given the impact on chip demand and stock value variations related to Nvidia.
Source: YAHOO
Reported 4 months ago
A first-class Delta passenger on a recent flight had a poop accident, causing a foul odor throughout the cabin. Another passenger stepped in to defend a flight attendant from having to clean up the mess and was rewarded with free miles as a gesture of thanks. This incident is not the first of its kind, as other airlines have also dealt with similar situations involving passengers and poop accidents, leading to emergency landings and inconvenience for travelers.
Source: YAHOO
Reported 4 months ago
Tesla CEO Elon Musk has instructed Nvidia to prioritize sending AI processors to his companies X and xAI instead of Tesla, according to CNBC. The decision indicates Musk's focus on artificial intelligence development beyond Tesla, raising concerns among some shareholders about his commitment to the EV firm. The move delays Tesla's receipt of over $500 million worth of processors while Musk plans to use Nvidia chips for FSD training and invest $10 billion in AI this year. Musk, aiming to advance AI at X and xAI, also mentioned using the chips for chatbot Grok at xAI, which garnered $6 billion in funding recently. Tesla shareholders will vote on Musk's pay package on June 13.
Source: YAHOO
Reported 4 months ago
Axos Financial Inc. experienced a major decline in its stock price following a short-selling report by Hindenburg Research highlighting the bank's exposure to problematic commercial real estate loans. Despite initially shedding 4.2% and reaching a 16% intraday loss, the company's shares are down nearly 8% year to date. Axos retorted that the allegations in the report were inaccurate, emphasizing the strength of its collateral protection in adverse market scenarios due to its fund relationship-based lending structure. The bank has ties to former President Donald Trump and has faced scrutiny in the past for its lending practices.
Source: YAHOO
Reported 4 months ago
The article discusses the stock market opening with all major indices falling, notably the Dow Jones Industrial Average. The energy sector is the biggest loser of the day, with other sectors like real estate showing some gains. The S&P 500's performance in May is reviewed, along with insights on the commodities market. Expert analysis is available through Morning Brief for further market action updates.
Source: YAHOO
Reported 4 months ago
US stocks edged higher amid a shift in investors' rate-cut expectations following weaker-than-expected economic data. The S&P 500 and Nasdaq rose around 0.1%, erasing earlier losses, while the Dow Jones gained about 0.4%. Traders are adjusting their rate-cut forecasts, with almost two-thirds now expecting at least one cut by September. Job openings fell to the lowest since February 2021, signaling labor market rebalancing. GameStop's rally lost steam. Meanwhile, Ford's US sales surged 11.2% in May, led by hybrids and trucks, oil prices fell amid weak manufacturing data, and Bitcoin climbed above $70,000.
Source: YAHOO
Reported 4 months ago
Looking to generate passive income for a lifetime? Consider investing in utility stocks through an ETF like the Vanguard Utilities ETF (NYSEMKT: VPU). This ETF, consisting of around 65 utility stocks, has delivered annual returns of approximately 9% since 2004, with dividends contributing to a 3.6% yield. With a mix of dividend payouts and capital appreciation, this ETF offers a stable option for generating passive income for years to come, backed by the stability of utilities demand regardless of economic conditions.
Source: YAHOO
Reported 4 months ago
鼻子上的痂可以是來自乾燥或刺激，也可能是嚴重醫療狀況的徵兆。此文探討鼻子上的痂成因、治療選項以及何時應該聯繫醫療提供者。最常見原因包括硬吹鼻子、環境乾旱、過敏引起的發炎、鼻孔內的創傷、鼻前庭炎、冷瘡病毒、鼻竇炎、HIV、藥物使用、過度使用鼻噴劑、以及鼻癌等。大部分情況下鼻子上的痂會自行癒合，但若不明原因或持續惡化時應尋求醫療幫助。
Source: YAHOO
Reported 4 months ago
Brother Marquis, a rapper and longtime member of the hip-hop group 2 Live Crew, passed away at the age of 58. His death was announced on 2 Live Crew's Instagram account, although the cause and location of his death were not disclosed. Brother Marquis, born Mark Ross, joined the group in 1986 and was an integral part of their success in the late 1980s and early 1990s. The group faced legal challenges related to their music's explicit content, but their impact on the music industry was significant.
Source: YAHOO
Reported 4 months ago
Atlanta Falcons quarterback Kirk Cousins has been participating in OTA practices to recover from a torn Achilles, expressing satisfaction with the reps he's received to build continuity. Despite not being at full speed yet, Cousins is listening to his body and aiming to be 100 percent soon, acknowledging the importance of not rushing his recovery. Looking ahead, he aims to be ready for training camp and potentially play in a preseason game to evaluate the team's progress.
Source: YAHOO
Reported 4 months ago
Texans quarterback C.J. Stroud made headlines by openly critiquing the career of Eli Manning and Aaron Rodgers, stating his preference for Manning due to his two Super Bowl rings. Stroud emphasized the importance of how a player treats their teammates, hinting at Rodgers' relationships compared to those of Tom Brady. Stroud also suggested that if Matthew Stafford had a similar supporting cast to Rodgers, he could potentially have more championship rings. This direct criticism from an active player like Stroud adds a new dynamic to NFL discussions, with Rodgers likely to respond to the remarks.
Source: YAHOO
Reported 4 months ago
福特（Ford）的五月美國汽車銷售量顯著增長，再次受混合動力汽車和卡車銷售推動。該月，福特汽車銷售了190,014輛車輛，同比增長11.2％，環比增長6.4％。全新F-150混合動力車型和Maverick混合動力車型推動了5月的銷量。Maverick表現出色，銷量增長將近96％，售出13,616輛卡車。福特表示，Maverick皮卡和混合動力銷量在五月達到了銷售紀錄。
Source: YAHOO
Reported 4 months ago
紐約市被《Traveler》雜誌列為全球71條最美麗街道之一。布魯克林DUMBO區的華盛頓街和沃特街交界的鵝卵石街道是其中一條。另外，從西110街到西60街橫跨的中央公園西也入選。兩條街道分別以曼哈頓大橋的壯麗景色和具有新文藝復興、裝飾藝術和新古典主義風格的建築為特色。
Source: YAHOO
Reported 4 months ago
在台灣台北舉行的Computex 2024年會議上，英特爾（INTC）CEO Pat Gelsinger展示了該公司的新數據中心晶片Xeon 6。Yahoo Finance科技編輯Dan Howley解釋了英特爾晶片產品的最新細節以及它們不同的應用情況，希望與英偉達（NVDA）和超微半導體（AMD）等公司展開更好的競爭。
Source: YAHOO
Reported 4 months ago
Source: INVESTORS
Reported 4 months ago
歐洲央行將很快敦促幾家德國銀行建立更高的不良商業貸款準備金，這將影響它們的利潤。ECB正專注於那些受到商業不動產重大影響的公司，而不是德國的頂級銀行，並已經審查了其他國家的銀行，但德國的銀行將是受影響最嚴重的之一。這將影響今年的盈利能力。
Source: YAHOO
Reported 4 months ago
Source: WSJ
Reported 4 months ago
Shares of Bitcoin miner Core Scientific surged 40% in pre-market trading following an AI deal with CoreWeave and a reported all-cash buyout offer worth over $1 billion. Core Scientific, based in Austin, Texas, recently emerged from bankruptcy and signed a 12-year hosting deal for AI services with CoreWeave, involving a $300 million investment. The mining sector has seen increased M&A activity, with CoreWeave securing $1.1 billion in new funding in May. Riot Platforms also made a hostile offer to acquire Bitfarms.
Source: YAHOO
Reported 4 months ago
Stifel analysts predict a 10% decline in the S&P 500 in the next quarter, attributing it to 'moderate stagflation' that will prevent rate cuts by the Fed. Economic conditions indicate sluggish growth and stubborn inflation, leading to tepid returns for investors. The Fed is unlikely to cut rates in 2024, with stocks not meeting historical bull market standards. Market commentators also anticipate a rocky road ahead for stocks despite record-highs in the S&P 500.
Source: YAHOO
Reported 4 months ago
Airlines are increasingly interested in turbulence prediction technology following recent headline-grabbing incidents, but are hesitant to make passengers keep seatbelts fastened at all times, as reported by IATA. The incidents involved a Singapore Airlines flight experiencing a dramatic loss of altitude resulting in injuries and the first plane turbulence-linked death in 25 years, and a Qatar Airways flight encountering turbulence. IATA emphasizes the importance of more data to enhance safety measures, while some airlines are updating policies to remind passengers to keep seatbelts on as a precaution.
Source: YAHOO
Reported 4 months ago
According to TheStreet, Dr Pepper has now tied with Pepsi as America's second most popular soda brand, surpassing the decades-long two-brand dominance of Coca-Cola and Pepsi. While Coca-Cola remains at the top with a 19.2 percent market share, Dr Pepper and Pepsi both hold an 8.3 percent share. Dr Pepper, founded in 1885, is older than both Coke and Pepsi, marking a significant shift in the $97 billion U.S. soda market.
Source: YAHOO
Reported 4 months ago
特斯拉將於六月在其德國格林海德工廠停產五天，以改善柏林外這家工廠的流程。特斯拉將於6月7日、14日、17日、27日和28日暫停車輛生產和動力傳動生產區域的生產。特斯拉今年已經兩次停止了該工廠的生產。今年五月曾經有一次計劃中的生產停工，而三月的一起縱火事件也導致工作停擺。
Source: YAHOO