Reported over 1 year ago
JPMorgan's chief market strategist Marko Kolanovic predicts that the S&P 500 Index will plummet to 4,200 by year-end, marking a 23% decrease from its current level. Kolanovic emphasizes mounting challenges such as a slowing economy and downward earnings revisions, cautioning investors about the disconnect between stock valuations and the business cycle. Despite the index's record-setting performance this year, JPMorgan's forecast remains the most bearish among Wall Street's strategists, attributing the surge to factors like artificial intelligence excitement. Kolanovic recommends diversifying with defensive value plays and expresses concerns about excessive concentration in market leadership and exaggerated sentiment that could lead to corrections.
Source: YAHOO
Reported over 1 year ago
Morinaga, a well-known Japanese snack brand, issued a product recall notice on their official website stating that their snack contained foreign objects, suspected to be animal feces. The Taiwan FDA is investigating the importation of this product by 6 companies totaling 231.92 kilograms, to confirm if it matches the items listed for recall by the manufacturer. Doctors have warned that ingesting animal feces can lead to food poisoning, with more severe effects on infants. The brand has recalled a total of 190,000 packages due to potential contamination.
Source: YAHOO
Reported over 1 year ago
FTSE Russell's head of global investment research, Indrani De, discusses the upcoming annual reconstitution of the Russell indexes, highlighting the event as one of the biggest trading days of the year. De emphasizes the importance of indexes in representing the market and capturing underlying changes in the economy. She points out that the reconstitution will prioritize sectors like technology and healthcare, reflecting significant innovation and growth trends. De assures that the process is transparent and will align with real economic developments.
Source: YAHOO
Reported over 1 year ago
Mia Thornton, a cast member of The Real Housewives of Potomac, surprised fans with a dramatic hair change on June 27 when she revealed her new platinum blonde hair styled in a short, blunt bob on Instagram. In addition to the fresh new color, Mia's glam included a sexy makeup look. This isn't the first time Mia has switched up her hairstyle, as she has debuted various looks in the past, showcasing her diverse hair transformations.
Source: YAHOO
Reported over 1 year ago
Warren Buffett disclosed owning about $600 million in assets separate from Berkshire Hathaway stock, with his Berkshire A shares comprising 99.5% of his net worth. The remaining portion likely resides in his private portfolio of stocks and bonds. Buffett recently donated $5.3 billion in shares to charitable foundations, totaling $55 billion over the past 18 years. His personal wealth also includes $1 million in Berkshire's B shares and an estimated $1.4 million home in Omaha. The financial guru's other assets and investments are significant, possibly accounting for the majority of his non-Berkshire wealth and enabling him to sustain his lifestyle without liquidating Berkshire shares.
Source: YAHOO
Reported over 1 year ago
U.S.-founded law firm Dechert is contemplating shutting down its offices in Hong Kong and Beijing as part of a trend among foreign firms in Greater China amidst economic uncertainties and growing tensions between the U.S. and China. With over 20 employees in Hong Kong and only three in Beijing, Dechert is in discussions with employees, particularly lawyers, about relocating to Singapore. The move follows similar decisions by other global law firms to downsize or close their China offices, citing reasons such as data privacy rules and geopolitical tensions.
Source: YAHOO
Reported over 1 year ago
The CPBL draft took place with no surprises as the top two picks were confirmed for Fubon and Taichung Bank, selecting overseas talents Zhang Yuchen and Wu Nianting respectively. The spotlight was on who the Chinatrust Brothers would choose in the first round, and they ended up selecting Hsu Ting-Lun from Pingzhen High School as the third pick. Overall, 178 players participated in the draft, including 25 high school pitchers and several U23 World Cup training national players, making this draft class one of the strongest in recent years.
Source: YAHOO
Reported over 1 year ago
Paramount’s ‘A Quiet Place: Day One’ breaks franchise record with near $7M in previews, while ‘Horizon: An American Saga’ starts with $800K. Disney/Pixar’s ‘Inside Out 2’ continues to perform well with a projected third weekend of $60M, bringing its total gross to $471.8M Stateside and $863M globally. The article also discusses the performances of other films at the box office.
Source: YAHOO
Reported over 1 year ago
In New Taipei, a conflict erupted between a brother and sister surnamed Wu and a driver surnamed Liu as the driver was preparing to tow a illegally parked vehicle and inserted a crab shovel too aggressively into the car bottom. The altercation resulted in the woman surnamed Wu being pushed to the ground. Police intervened and separated the parties, leading to mutual accusations of obstructing official duties and causing harm. Additionally, the woman accused the driver of sexual harassment for inadvertently touching her chest. The dispute escalated with the Wu siblings accusing the driver of pushing their elderly relative down, prompting a confrontation 8 days later, with the police stepping in to manage the situation.
Source: YAHOO
Reported over 1 year ago
Oil prices (BZ=F, CL=F) are nearing a two-month peak due to escalating tensions between Israel and Hezbollah, increasing concerns about potential disruptions in OPEC+ member Iran's oil production. Ines Ferré from Yahoo Finance provides analysis on the oil price trends and their implications for consumers. For more expert opinions and market updates, watch the full Catalysts episode. This article was authored by Nicholas Jacobino.
Source: YAHOO
Reported over 1 year ago
特斯拉（Tesla）的執行長埃隆·馬斯克（Elon Musk）日前在社交媒體上表示，特斯拉無人載客出租車將於8月8日亮相。然而，該公司尚未向加利福尼亞、亞利桑那和內華達等地的監管機構提交計劃。即將到來的Robotaxi日，有分析師認為將成為特斯拉故事的重要歷史時刻，但預計多年內不會產生實質收入。特斯拉的技術路線主要依賴於視覺感知，而其他公司則採用多傳感器融合的方法。然而，僅依賴視覺感知並放棄LiDAR等感應器可能無法完全保證系統的可靠性和安全性，從而影響Robotaxi的發展和監管批准。
Source: YAHOO
Reported over 1 year ago
During the recent presidential debate between Joe Biden and Donald Trump, Biden's underwhelming performance has led to speculation about his potential replacement as the Democratic candidate. Eurasia Group Director, Clayton Allen, believes that only someone within the Biden family's cellphone plan could convince Biden to bow out. While Trump had his own missteps during the debate, the focus remains on Biden's perceived weakness and age. The uncertainty around Biden's candidacy may impact market volatility and political shifts.
Source: YAHOO
Reported over 1 year ago
Ali Siddiq與Kyle Meredith一起討論《The Domino Effect Part 4: Pins & Needles》，這是他的多部曲喜劇特輯的結尾，重新追溯了19歲時被捕和隨後六年的監禁。 Siddiq談到拆解他人生中這段激烈時期，漫威中沈默的重要性，以及在沉重主題中找到幽默的重要性。該喜劇演員還討論了他的下一個項目《In the Shadows》，該項目延續了他出獄後的故事，記錄了他在喜劇界的開始。
Source: YAHOO
Reported over 1 year ago
Ancient concubines spared no efforts in pleasing emperors through various means, including using special medicines to enhance their beauty and charm. One such medicine was the 'Xijiwang,' known for its aphrodisiac and beautifying effects. Aside from this, ancient concubines were also known to consume garlic for its health benefits, and 'Longyan Xiang,' a fragrance made from a unique ingredient. These practices aimed at gaining favor from the emperors, but some, like long-term Xijiwang usage, could have adverse effects such as infertility.
Source: YAHOO
Reported over 1 year ago
The 35th Golden Melody Awards ceremony is set to take place on June 29th, with seven nominees up for the Best New Artist award. The nominees attended the Golden Melody International Music Festival the day before the event and performed on stage, sharing their excitement and nerves before their performances. One of the nominees, actor and singer Feng Xiaoyue, expressed more excitement than nervousness about the nomination. The nominees tested their popularity at the festival before the awards ceremony, with singer Wang Aden receiving enthusiastic cheers during his performance. The nominees including Zheng Ping and Makav also expressed their views on the significance of the nominations, emphasizing the importance of recognition for their talent and popularity regardless of the final results.
Source: YAHOO
Reported over 1 year ago
As the summer travel season arrives, many people are traveling abroad and discovering that wherever they go, there are Taiwanese people speaking Chinese. A netizen shared an experience in a Japanese hotel where she casually asked 'which floor' in an elevator and was immediately recognized as a fellow Taiwanese by another passenger who responded in Chinese. The incident amused many netizens, highlighting encounters with Taiwanese people in foreign countries.
Source: YAHOO
Reported over 1 year ago
Canada's economy is projected to show a 1.8% growth rate in the second quarter, slightly surpassing expectations, with growth in manufacturing, real estate, and finance offsetting declines in retail and wholesale trade. This growth trajectory keeps the Bank of Canada on course for potential further interest rate cuts as the economy continues to operate below its full potential, with a moderate inflation rate. Analysts anticipate the central bank may maintain borrowing costs in the upcoming months and potentially ease rates again in September based on the latest GDP report and economic indicators.
Source: YAHOO
Reported over 1 year ago
Immanuel Quickley今年初被紐約尼克交易至多倫多暴龍後適應良好，表現出色，得分、籃板和助攻都創生涯新高，因此暴龍決定簽下一張5年1.75億美元的延長合約綁定他。此前，尼克和暴龍進行了交易，送走Quickley等球員，換來了Anunoby、Achiuwa和Flynn，而Quickley在暴龍表現出色，被視為球隊的建隊基石。
Source: YAHOO
Reported over 1 year ago
Multiple projects in Keelung have been questioned by opposition members since Mayor Xie Guoliang took office, including the indoor children's park project with an initial budget of 18 million and an additional 11.58 million. It was awarded to a company allegedly linked to Xie’s family with suspicions raised by Wang Yichuan that the lowest bid and winning bid were the same amount, suggesting the contract might have been executed before the public announcement. The situation raises concerns about transparency and fairness in the bidding process.
Source: YAHOO
Reported over 1 year ago
Rosemarie DeWitt talks about her experience playing the role of Daphne Campbell, Hughie's mother in 'The Boys.' She discusses how she approached the character who abandoned her son, her character's motivations, and the challenges of filming intense scenes. DeWitt also touches on the possibility of her character returning for the final season.
Source: YAHOO
Reported over 1 year ago
Saudi Aramco, an oil producer, is set to purchase a 10% stake in a joint venture named Horse Powertrain, formed by French carmaker Renault and Chinese automaker Geely, at a value of 7.40 billion euros. The powertrain venture will focus on providing gasoline engines, hybrid systems, and gearboxes for thermal vehicles. This strategic investment by Aramco aims to stabilize investments in traditional automakers amidst the ongoing shift towards electric vehicles in the global market.
Source: YAHOO
Reported over 1 year ago
EU antitrust regulators are considering launching investigations into the partnership between Microsoft and OpenAI due to exclusivity clauses, while Google's AI deal with Samsung is also facing scrutiny. The EU competition chief Margrethe Vestager noted concerns about Big Tech's dominance in AI and the potential negative impact on competition. The regulators are seeking additional information to understand the effects of these partnerships, signaling a broader unease among authorities worldwide regarding Big Tech's leveraging of market power in emerging technologies.
Source: YAHOO
Reported over 1 year ago
Source: BARRONS
Reported over 1 year ago
The recent Chevron ruling by the Supreme Court has significant implications for federal policies such as auto emission limits, bans on non-compete agreements, and broadband regulation. The decision to overturn the Chevron doctrine could impact environmental, tech, and health policies, giving courts more power over agency interpretations of laws. This could lead to challenges in existing rules related to auto pollution limits, power plant emissions, federal enforcement actions, net neutrality, approvals of 'breakthrough' drugs, non-compete agreement bans, online privacy regulations, and worker rights enforcement. The ruling may also offer regulated communities more opportunities to challenge agency rules.
Source: YAHOO
Reported over 1 year ago
Entertainment News, June 28, 2024, 11:06 AM - Lan Lan reveals whether she loves Zhang Lidong or not! Shen Yulin also mentions that the wedding package costs 360,000.
Source: YAHOO