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Dow and Nasdaq move in different directions, volatility increases: Key points from the market

Reported 4 months ago

In a recent Yahoo Finance video, Jared Blikre and Josh Lipton discuss the diverging performance of the Dow and Nasdaq over the past five days, with the Dow under pressure while the Nasdaq has risen due to differences in Treasury yields and investor sentiment towards safety. Blikre notes increasing volatility in the Vix and bond market, signaling a potential market breather. Additionally, BlackRock's spot bitcoin ETF (IBIT) has surpassed Grayscale's (GBTC) in total assets, indicating growing adoption of Bitcoin through ETFs.

Source: YAHOO

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Mike Flanagan將執導“新概念”的驅魔者電影

Reported 4 months ago

Mike Flanagan將為Blumhouse執導《驅魔者》的“全新概念”。Flanagan將寫劇本、執導和製作這部電影,並將故事設定於《驅魔者》宇宙中。該電影不是2023年《驅魔者:信徒》的續集,並標誌著Flanagan與Blumhouse合作的第四個項目。

Source: YAHOO

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Here are all the surprise songs that Taylor Swift has performed on the Eras Tour so far.

Reported 4 months ago

Taylor Swift's Eras tour, which began in 2023, has featured surprises like unique acoustic sets with custom songs for each show. Swift has played unexpected songs at recent tour stops in Europe, combining tracks in mashups and expanding her setlist to include songs from her latest album, "The Tortured Poets Department." The tour has showcased a mix of the artist's classics and newer releases, keeping the show fresh and engaging for fans.

Source: YAHOO

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Wizards have appointed interim head coach Brian Keefe as the permanent head coach, replacing Wes Unseld Jr.

Reported 4 months ago

The Washington Wizards have promoted interim head coach Brian Keefe to the permanent head-coaching job, replacing Wes Unseld Jr. Keefe, who has been an NBA assistant for 17 years and previously served as the lead assistant for the Wizards, will be taking on his first head-coaching position at any level. The team looks to Keefe to lead them through a rebuilding phase and towards long-term success as they hold the second overall pick in the upcoming 2024 NBA Draft.

Source: YAHOO

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The average American perceives two distinct 401(k) retirement scenarios.

Reported 4 months ago

The article discusses how the Great Recession impacted retirement savings for Americans using 401(k) plans, showing two different realities for early Baby Boomers (born between 1948 and 1953) and late Baby Boomers (born between 1960 and 1965). Early boomers, who were later in their careers during the recession, had higher retirement savings compared to late boomers who faced widespread unemployment and lower savings due to the economic downturn. This highlights how timing and economic conditions can lead to significant differences in retirement wealth within the same generation. Late boomers are now seeking financial advice as they approach retirement age and may need a different approach to retirement planning based on their savings experiences.

Source: YAHOO

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Abercrombie & Fitch CEO discusses financial results, Norwegian Cruise Line receives upgrade: Market Dominance

Reported 4 months ago

Abercrombie & Fitch CEO discusses the company's strong first quarter results, attributing success to their operating model and customer satisfaction. Cruise stocks saw movement, with upgrades for Norwegian Cruise Line and Royal Caribbean Cruises, and a price target cut for Carnival. In the energy sector, Chevron's deal with Hess was approved, while ConocoPhillips acquired Marathon Oil. Analysts weigh in on the industry's consolidation and future prospects. Yahoo Finance also covers earnings reports from companies like Chewy, Dick's Sporting Goods, and UnitedHealth Group, along with insights on Netflix's growth potential and potential advisory role for Elon Musk in a Trump administration. Exxon's annual shareholder meeting saw directors reapproved as shareholders sided with the company against activist investors. The show concludes with a look at the latest market action post-closing bell, including updates on Salesforce, American Eagle, and Capri Holdings' earnings.

Source: YAHOO

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Quinnen Williams was shocked to learn that Aaron Rodgers is in his 20th NFL season

Reported 4 months ago

Writing summary...

Source: NBCSPORTS

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Hayden Wesneski did not know that Ben Brown was pitching a no-hitter while he was in the game as a reliever.

Reported 4 months ago

Cubs pitcher Ben Brown threw seven no-hit innings against the Brewers before being relieved by Hayden Wesneski, who was unaware of the active no-hitter. Wesneski allowed a hit in the eighth inning, ending the no-hitter but not the lead, and expressed relief at not knowing the situation beforehand. Despite the Cubs not achieving a collective no-hitter, the performance highlighted Brown's strong outing and versatility as a starter and reliever this season. Brown holds a 3.20 ERA with 45 strikeouts in 39.1 innings pitched.

Source: YAHOO

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Dow Jones Futures: Stock Market Slides Even As Nvidia Keeps Rising; Salesforce Plunges Late

Reported 4 months ago

Writing summary...

Source: INVESTORS

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Boeing is making progress on resolving the 737 MAX engine issue, which is causing a delay in the certification of certain models.

Reported 4 months ago

Boeing is addressing an issue with the 737 MAX engine anti-ice system that has delayed certification of the MAX 7 and MAX 10 models due to potential overheating leading to engine failure. Boeing plans to conduct flight testing on the anti-ice fix later in the year, potentially pushing MAX 7 certification to mid-2025. The FAA will review any design Boeing submits, and Southwest Airlines has adjusted delivery expectations. This comes after a safety incident on a MAX 9 and Boeing withdrawing an exemption request for the MAX 7.

Source: YAHOO

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Rudy Gobert's defensive impact cannot be doubted because of his exceptional shot-blocking ability, defensive awareness, and rim protection skills. His presence on the court significantly alters opponents' shots and forces them to adjust their game plans. Gobert's statistics and defensive accolades further validate his reputation as one of the top defenders in the NBA.

Reported 4 months ago

Yahoo Sports NBA contributor Tom Haberstroh highlights Rudy Gobert's defensive impact for the Minnesota Timberwolves in the western conference finals, emphasizing that despite criticisms, Gobert's presence on the floor significantly improves the team's defensive performance. Gobert's ability to deter opponents from attacking the rim is evident in the statistics, showcasing his value in anchoring the defense and influencing opponents' shot selection.

Source: YAHOO

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What will happen to the FOMO trade during the less volatile summer months?

Reported 4 months ago

Wall Street is questioning the future of the FOMO trade as stocks falter ahead of the less volatile summer months. RBC Capital Markets Equity Derivatives Strategist Amy Wu Silverman discusses how the reach for upside and calls in the market has decreased since March, indicating a shift in sentiment and options positioning. As the market looks towards upcoming macro catalysts like the US election and geopolitics, investors are considering strategies like put spreads and focusing on AI adjacent stocks for potential opportunities.

Source: YAHOO

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'In this Economy?': Kyla Scanlon's comprehensive collection of economic tools

Reported 4 months ago

Financial educator Kyla Scanlon discusses her new book, "In this Economy? How Money and Markets Really Work," which aims to simplify economic concepts and address the disconnect between the economy's health and Americans' perception of it, a term she calls "vibecession." Scanlon highlights structural affordability issues but also points out positive aspects of the economy. She attributes negative economic feelings to possible media influence and social media engagement, emphasizing the impact of inflation. Scanlon also discusses the importance of reliable information sources and the need for a balanced understanding of the economy.

Source: YAHOO

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Coleraine pair McKendry and Lowry depart Showgrounds

Reported 4 months ago

Writing summary...

Source: BBC

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Apple is said to be gaining an extraordinary advantage in AI-powered 'intelliphones' that only comes around once a decade. Bank of America predicts that this development will cause the company's stock to increase by 20%.

Reported 4 months ago

Apple is set to introduce AI-enabled "IntelliPhones," a new breed of smartphones that will offer advanced features like AI agents for tasks such as booking travel, real-time translation, and tutoring. Bank of America analysts predict a 20% surge in Apple's stock price due to the potential of these devices to drive a multi-year upgrade cycle and offer sophisticated functions. The analysts believe that Apple's focus on AI technology will differentiate it in the market and attract developers to create AI agents for the phones, leading to new monetization opportunities for the company.

Source: YAHOO

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Northwest MLS criticizes the $418 million NAR settlement agreement and chooses to not participate.

Reported 4 months ago

Northwest MLS, the largest multiple listing service in the Pacific Northwest, has opted out of the $418 million settlement agreement reached by the National Association of Realtors, criticizing it for lacking transparency and potentially leading to deceptive practices and discrimination. NWMLS stated that its own rules on buyer agent compensation are fairer and more transparent, and it disagrees with NAR's terms that eliminate compensation transparency for buyers and restrict sellers' choices. NWMLS plans to revise its forms and listing processes to ensure sellers are aware of existing options when listing properties for sale.

Source: YAHOO

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UiPath (PATH) exceeds Q1 earnings and revenue expectations.

Reported 4 months ago

UiPath (PATH) reported Q1 earnings of $0.13 per share, surpassing the Zacks Consensus Estimate of $0.11. The company's revenues for the quarter ended April 2024 were $335.11 million, exceeding the Zacks Consensus Estimate. UiPath has beaten consensus EPS and revenue estimates four times over the last four quarters. The stock has declined 24.5% year-to-date compared to the S&P 500's gain of 11.2%, and its future performance will depend on management's commentary. The current Zacks Rank for UiPath is #3 (Hold), indicating expected performance in line with the market in the near future. Alithya Group (ALYAF) is another company in the same industry expected to report quarterly results soon.

Source: YAHOO

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Coaches on the hot seat and coaches likely to be fired in 2024 with Kevin Clark | The Exempt List

Reported 4 months ago

Kevin Clark and Charles McDonald discuss the coaches on the hot seat and potentially 'pre-fired' in the 2024 NFL season on the latest episode of The Exempt List. They identify coaches like Mike McCarthy, Dennis Allen, Matt Eberflus, Robert Saleh, Zac Taylor, Nick Sirianni, Doug Pederson, and Brian Daboll, highlighting their situations heading into the upcoming season. The podcast aims to shed light on the ongoing speculation and pressure faced by NFL head coaches, with insights into potential candidates for coaching changes in the future.

Source: YAHOO

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Coaches on the hot seat and coaches who are likely to be fired in 2024 with ESPN's Kevin Clark | The Exempt List

Reported 4 months ago

ESPN and Omaha Productions' Kevin Clark and Charles McDonald discuss the NFL coaches on the hot seat and potentially 'pre-fired' heading into the 2024 season on the latest episode of The Exempt List. They identify coaches like Mike McCarthy, Dennis Allen, Matt Eberflus, Robert Saleh, Zac Taylor, Nick Sirianni, Doug Pederson, and Brian Daboll, discussing their current situations and future prospects in the league.

Source: YAHOO

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Salesforce.com (CRM) Quarterly Earnings Exceed Expectations

Reported 4 months ago

Salesforce.com (CRM) reported earnings of $2.44 per share for the first quarter, surpassing the Zacks Consensus Estimate of $2.38 per share. This marks a significant increase from the earnings of $1.69 per share from the previous year. Despite missing the revenue estimate by 0.07%, the company has exceeded consensus revenue expectations three out of four times in the last year. Investors are now looking towards the company's future earnings outlook to gauge the potential impact on its stock performance, with current estimates standing at $2.40 per share for the next quarter and $9.71 billion in revenues for the fiscal year.

Source: YAHOO

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10 Most Common House Spiders to Be Aware of

Reported 4 months ago

Spotting house spiders can be unsettling, but most are beneficial predators. Despite nearly 3,000 spider species in North America alone, common varieties can exist in homes. Some spiders, like the American house spider, wolf spider, daddy longlegs, orb weaver spider, and grass spiders, are harmless and help control pests. However, spiders like the black widow and brown recluse can be harmful. Experts provide information on identifying these spiders, where they're typically found, and the potential risks of their bites, emphasizing the importance of knowing how to deal with spider encounters and when to seek professional pest control assistance.

Source: YAHOO

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Brian Belichick clarifies why he chose to remain with the Patriots following his father's departure.

Reported 4 months ago

Brian Belichick has decided to stay with the New England Patriots despite his father, Bill Belichick, departing from the team this offseason. Brian will continue as the safeties coach for the upcoming season, expressing gratitude for the opportunity and the chance to contribute to the team's success. This will be the first season where Brian's boss isn't his father, providing a new dynamic in their family relationship as they are now in separate football organizations.

Source: YAHOO

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Benches clear in San Francisco after Harper narrowly avoids being hit by pitches twice in a row.

Reported 4 months ago

During a game between the Phillies and Giants, tensions rose after Giants left-hander Kyle Harrison nearly hit Bryce Harper twice with high-inside pitches, leading to benches clearing. Harper expressed concern but remained calm, with no ejections occurring. The incident was seen as unintentional by the Phillies, who went on to win the game 6-1 without further conflict between the teams.

Source: YAHOO

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Wall Street is about to experience its most significant trading transformation in years.

Reported 4 months ago

Starting next Tuesday, Wall Street is set to see its biggest trading change in years as the standard settlement cycle for broker-dealer transactions shifts from "T+2" to "T+1," meaning transactions will be settled in just one business day instead of two. This change is expected to make market plumbing more resilient and reduce volatility in margins, with some financial firms preparing for potential bumps in the transition. The move towards T+1 is seen as beneficial for both institutional and retail investors, aiming to free up liquidity and mitigate risks in the market.

Source: YAHOO

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Benches emptied after Harrison throws close pitch to Harper in Giants-Phillies game

Reported 4 months ago

During a Giants-Phillies game at Oracle Park, tensions rose as Phillies' Bryce Harper was buzzed high and inside twice by Giants' pitcher Kyle Harrison, leading to the benches clearing. This incident brought back memories of a similar altercation between Harper and a former Giants reliever in 2017. Although no punches were thrown this time, Harper showed his frustration after a strikeout but luckily didn't cause any more trouble during the game.

Source: YAHOO

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