Reported 4 months ago
Nvidia, currently valued at $2.6 trillion, has seen a 720% increase in stock value since early 2023, making it a contender to join Microsoft in the exclusive $3 trillion club. The company, known for dominating the market for AI data center chips, is set to initiate a 10-for-1 stock split to make its shares more affordable for retail investors. With soaring revenue and earnings coupled with its position in the AI industry, analysts predict Nvidia's potential to reach the $3 trillion mark, making it an attractive investment option.
Source: YAHOO
Reported 4 months ago
Motley Fool contributor Parkev Tatevosian discusses a dividend stock with potential for increased dividend payments in the future. The article, published on May 30, 2024, suggests considering investing in eBay and highlights the 10 best stocks recommended by The Motley Fool Stock Advisor that could yield significant returns. Parkev Tatevosian, CFA, has no positions in mentioned stocks and affiliate disclosures are provided. The potential for high returns from stock picks is emphasized by historical examples like Nvidia. The article provides insights into eBay's investment potential and the stock advisor services offered.
Source: YAHOO
Reported 4 months ago
Around half of households with someone age 65 or older receive 50% or more of their total income from Social Security, making it crucial to maximize benefits. Earnings and the age at which benefits are claimed are key factors. By earning above the taxable earnings cap consistently for 35 years, retirees can qualify for the maximum possible benefit. Claiming at 62, 66, or 70 results in varying monthly benefits, with significant differences seen. Delaying benefits until age 70 can lead to a 77% increase in the benefit amount compared to claiming at 62, making it a valuable choice for many retirees seeking to optimize Social Security income.
Source: YAHOO
Reported 4 months ago
Index Ventures has led a $16 million funding round for EthonAI, an AI manufacturing startup founded by Julian Senoner, Bernhard Kratzwald, and Torbjorn Netland. EthonAI uses 'causal AI' models to improve manufacturing processes for clients like Siemens, Lindt & Spruengli, and Roche. The investment was made by Index Ventures, along with General Catalyst, Earlybird, and Founderful, emphasizing the importance of data-driven decisions in today's factory operations.
Source: YAHOO
Reported 4 months ago
A South Korean billionaire's record divorce settlement is driving a surprising surge in his company's stock, with investors speculating that he will take measures to increase its value to cover the settlement with his estranged wife. SK Inc., the conglomerate's holding company, saw a significant rise in its stock price after a court ordered the chairman to pay a substantial divorce settlement. The court ruling has sparked expectations that the billionaire may work to enhance SK Inc.'s stock price as he is required to pay in cash, leading to a 9.3% increase in the stock price.
Source: YAHOO
Reported 4 months ago
The article discusses the rise of generative artificial intelligence (AI) sales, which are projected to surge by 2,026% to $1.4 trillion by 2032. Nvidia has been a prominent player with its CEO calling AI the defining technology of our time, but other companies stand to benefit. Alphabet (GOOG, GOOGL) is highlighted as a strong AI stock option due to its growth in digital advertising and cloud computing, as well as its innovative use of generative AI technology through Gemini to enhance its advertising and cloud services, making it a promising investment in the AI sector.
Source: YAHOO
Reported 4 months ago
Goldman Sachs analysts have recommended buying European pharmaceutical stocks that focus on innovation, initiating coverage on six large-cap companies with buy ratings on AstraZeneca Plc, Novo Nordisk A/S, and Novartis AG. They are neutral on GSK Plc and Bayer AG, and have a sell rating on Roche Holding AG. The analysts highlighted Novo's potential in obesity treatments, Astra's pipeline strength, and Novartis's growth strategy. The Stoxx 600 Health Care Index has seen over a 9% increase this year, with Novo Nordisk and AstraZeneca leading the gains. AstraZeneca, for instance, plans to expand into manufacturing antibody-drug conjugates and radiopharmaceuticals with the goal of doubling sales by 2030.
Source: YAHOO
Reported 4 months ago
After being cut by the Steelers despite starting all 17 games last season, wide receiver Allen Robinson has signed with the Giants. Robinson was surprised by the move, believing the Steelers needed offensive changes rather than letting him go. He feels the Giants are the right fit for him, excited to connect with his new teammates and help upgrade their passing game. Despite his age and declining production, Robinson is optimistic about contributing to a successful season for the Giants.
Source: YAHOO
Reported 4 months ago
BBC發表了罕見聲明，指出正在進行對其節目《Strictly Come Dancing》不當行為調查，涉及到其中一位舞者，被廣泛認為是Pernice，多位投訴人包括據報導是《神探夏洛克》演員阿曼達·艾比頓，她在去年與Pernice 搭檔，但幾週後因健康原因離開節目。BBC 呼籲人們不要紛亂猜測，強調會悉心、公平地看待任何提出的問題。Pernice現已退出《Strictly》，先前表示對媒體報導感到驚訝，並否認任何侵略或威脅行為的指控。
Source: YAHOO
Reported 4 months ago
The article from Motley Fool discusses four oversold stocks that investors should consider buying, selected across various industries for potential long-term gains. The stocks highlighted are worth attention as they appear oversold, with potential for significant upside. The article also mentions that investing $1,000 in Zscaler at the moment may not be part of the top 10 stocks identified by The Motley Fool Stock Advisor team, which historically have shown strong returns. The author, Neil Rozenbaum, discloses his positions in Intel, and The Motley Fool has positions in and recommends Fortinet, Ulta Beauty, and Zscaler.
Source: YAHOO
Reported 4 months ago
Investors in South Africa were initially expecting the ruling African National Congress to comfortably govern in coalition with a smaller party following the election. However, projections indicating a potential loss of ANC support have caused uncertainty, resulting in a significant drop in the rand's value and an increase in bond yields. The ANC is projected to win about 42% of the votes, a decrease from 57.5% in 2019, leading to concerns about potential coalition negotiations and policy shifts, causing market volatility.
Source: YAHOO
Reported 4 months ago
The Saracens Mavericks netball team will split from the rugby club at the end of the 2024 season after being launched as founder members of the Netball Super League in 2005 and winning two league titles. Mavericks, now bought by a consortium led by former Sarries CEO Lucy Fray, will continue as the rebranded London Mavericks in the relaunched NSL from 2025, as confirmed in a statement on the club's website.
Source: YAHOO
Reported 4 months ago
Located in Akiruno City, Tokyo, Tokyo SummerLand offers Japan's largest mobile water pool, an all-weather indoor dome pool, a variety of water attractions, and an amusement park, perfect for families. A new adventure pool, MONSTER STREAM, will debut on 6/29, set to be the park's highest-level adventure pool. The 210m long, 6m wide pool with a 1m depth offers a nature-inspired exploration experience and requires visitors over 130cm tall to wear specific gear. Ticket sales are online only, with some same-day tickets available at designated convenience stores. The park operates from March to October with different hours, and transportation options from Shinjuku and Yokohama are outlined, along with ticket prices ranging based on age and date.
Source: YAHOO
Reported 4 months ago
Amazon has announced that customers in the U.S. can now order from Grubhub directly through its shopping app and website, expanding on a previous deal that allowed Prime members access to Grubhub+. The agreement includes a free Grubhub+ membership worth $120 a year for Prime members, with the integration of the service on Amazon's platforms. This deal aims to make Grubhub more appealing to potential buyers, as Amazon holds warrants representing 4% of Grubhub's equity and may receive more based on performance conditions. Additionally, Amazon had previously secured the right to buy a 2% stake in Grubhub in 2022.
Source: YAHOO
Reported 4 months ago
Joel Pearlman has resigned as CEO of Roadshow Films after three decades with Village Roadshow. During his tenure, he oversaw a diverse range of film titles from various partners and secured strategic partnerships for the company. Pearlman expressed gratitude for the opportunity to lead the organization and work with colleagues who shared his passion for cinema. Village Roadshow's upcoming releases include The Hardest Line, The Crow reboot, Robbie Williams biopic Better Man, and John Wick spin-off Ballerina. Village Roadshow CEO Clark Kirby praised Pearlman's contributions to the company and the Australian film industry.
Source: YAHOO
Reported 4 months ago
The Premier League has become a global powerhouse with a majority of foreign players, but its referees remain predominantly English. However, amidst growing concerns over officiating quality and the increasing use of technology, there is a debate about whether the league should open up to foreign referees to improve standards. While this move could bring fresh perspectives and innovation, it also raises questions about tradition, identity, and potential backlash. The introduction of foreign officials like Australian Jarred Gillett and technology like RefCam suggests a potential for positive change and improvement in match control, but the decision ultimately lies with the league clubs.
Source: YAHOO
Reported 4 months ago
Traders are preparing for a potentially record-breaking summer that will have a significant impact on commodities, with soaring prices expected for natural gas, power, and staple crops due to extreme weather conditions driven by climate change. The outlook includes potential supply shocks in agricultural markets, disruptions in power markets, and threats to oil markets and shipping due to severe heat, droughts, and possible hurricanes. The global economy faces risks of inflation and supply shortages, with the possibility of 2024 becoming the hottest year on record.
Source: YAHOO
Reported 4 months ago
Prominent billionaires from Wall Street to Silicon Valley are increasingly supporting Donald Trump, narrowing his fundraising gap with President Joe Biden and gaining new momentum in the race for the White House. Billionaires are donating millions to his campaign, planning future donations, or expressing their intention to vote for him. In return, Trump is promising policy changes to benefit their businesses and potentially considering them as advisors if he returns to the White House. This shift in support marks a departure from Trump's previous campaigns that relied more on smaller contributors, with large contributors now making up a significant portion of his bankroll. Recent examples of elite support include Blackstone CEO Steve Schwarzman announcing his support for Trump after years of keeping his distance. Traditional GOP donors who previously supported other candidates are now backing Trump, as evidenced by a successful fundraising event at hedge fund manager John Paulson's home that raised over $50 million in one night. Trump is also garnering support from wealthy energy executives through promises of looser restrictions on activities like oil drilling if he wins, although this has raised concerns about potential campaign finance law violations. Additionally, there are signs of unexpected billionaire support for Trump emerging from Silicon Valley, with figures like venture capitalist David Sacks and Chamath Palihapitiya reportedly organizing a fundraiser for Trump despite their past donations to Democrats. The article highlights a trend of increasing billionaire support for Trump and the potential impact on his fundraising and campaign strategies.
Source: YAHOO
Reported 4 months ago
Nvidia's stock surged nearly 20% after its earnings release, surpassing Wall Street's expectations. However, this didn't lead to a widespread market rally, with the S&P 500 declining more than 0.5% since Nvidia's earnings release. This divergence from the usual pattern where Nvidia's stock movements drove the market higher has raised concerns among analysts like Evercore ISI's Julian Emanuel, who believe that the market may be poised for a pullback, especially as investor focus shifts to economic data and an uncertain interest rate path for the Federal Reserve.
Source: YAHOO
Reported 4 months ago
The article discusses positive news for Nvidia stock investors, as highlighted by Motley Fool contributor Parkev Tatevosian, CFA. Although Nvidia was not listed among the 10 best stocks for investors to buy now, the article emphasizes the potential for significant returns with the right investments. The Motley Fool has positions in and recommends Nvidia, and its Stock Advisor service has outperformed the S&P 500 since 2002. Tatevosian, an affiliate of The Motley Fool, may receive compensation for promoting their services, but his opinions remain independent.
Source: YAHOO
Reported 4 months ago
The decision of when to enroll in Medicare is straightforward at age 65 if not covered by a group health plan, but the choice of when to file for Social Security is complex due to multiple filing ages with varying consequences. While you can claim Social Security as early as 62, delaying until 70 results in a higher monthly benefit. The key factor to consider when torn between claiming at 62 or 70 is your health, as it can significantly impact the total lifetime benefits received. Depending on your health status, the financial outcome can vary, making it crucial to assess your health condition before making a decision.
Source: YAHOO
Reported 4 months ago
Kelis, known for hits like "Milkshake," will be heading to Australia to deliver a keynote presentation at the Bigsound conference in Brisbane on September 5. She will discuss authenticity and transformation, aligning with the event's themes, and will also perform live at the QLD Music Trails' Sweet Relief! Music Festival on September 7. The event, featuring a lineup of international speakers, is supported by the Queensland government and presented by Oztix and Brick Lane.
Source: YAHOO
Reported 4 months ago
The article reports that a shareholder lawsuit alleges Elon Musk, with the assistance of a Morgan Stanley banker, hid his acquisition of a major stake in Twitter in 2022 to avoid alerting the market. The lawsuit claims the banker provided trading strategies to keep the purchases hidden, resulting in Musk acquiring over 9% of Twitter without triggering a stock price increase until his ownership became public. Musk's undisclosed ownership is said to have artificially kept Twitter's share price low, prompting an investigation by the US Securities and Exchange Commission. Musk and Morgan Stanley have not yet responded to requests for comment on the matter.
Source: YAHOO
Reported 4 months ago
Various zoos and aquariums in Japan offer a wide range of unique animal experiences, including rare species like penguins, manatees, polar bears, and jellyfish. Popular attractions such as the Shinagawa Aquarium in Tokyo, Sunshine Aquarium in Ikebukuro, Osaka Aquarium Kaiyukan, Nagoya Port Aquarium, and Kobe's a'toa Aquarium showcase diverse marine life. Each venue has distinctive features like interactive exhibits, sea lion shows, and underwater tunnels to explore. Additionally, zoos like Asahiyama Zoo in Hokkaido and Ueno Zoo in Tokyo provide opportunities to observe animals like polar bears and giant pandas up close.
Source: YAHOO
Reported 4 months ago
China's technology and property stocks are approaching bearish milestones, signaling a potential technical correction and casting doubt on the sustainability of recent equity market rebounds in the country. While the Hang Seng Tech Index and a Bloomberg Intelligence property stocks gauge saw significant gains initially, concerns over earnings, government stimulus, and geopolitical tensions have led to a retreat in these sectors. Money managers are cautious due to underperformance in local equities, and ongoing challenges in AI services and trade relations are adding pressure on tech companies. The market outlook depends on policy implementation, economic conditions, and investor sentiment, with potential for increased flows into China if the economic situation improves.
Source: YAHOO