Reported about 1 year ago
A recent cyberattack on CDK Global, a software provider for car dealerships in North America, has caused significant disruptions at approximately 15,000 dealerships across the US and Canada. The attack, carried out by a group known as BlackSuit, has led to system outages, affecting various dealership operations such as processing transactions and servicing vehicles. Dealerships are facing challenges in processing new car purchases, completing service work, and handling customer relations. The ongoing outage is forcing dealerships to resort to manual processes, impacting their productivity and potentially leading customers to seek services from unhacked competitors.
Source: YAHOO
Reported about 1 year ago
Nvidia's three-day decline caused the S&P 500 and Nasdaq Composite to fall from their recent record highs, with Nvidia shedding over 6% in one day. Market analysts discuss the implications of Nvidia's performance on the index, highlighting the weight of tech giants like Nvidia in the S&P 500 and the Nasdaq. Despite the market's reaction to Nvidia's slide, experts consider the broader rally and potential for tech stocks under the A I trade, emphasizing the impact of tech stocks on market performance.
Source: YAHOO
Reported about 1 year ago
全球市場策略家Brian Levitt在Market Domination Overtime上討論市場如何維持連續上漲，表示如果聯邦儲備系統能夠正常化收益曲線而不陷入衰退，將為風險資產創造良好背景。他強調目前只看到真實經濟數據放緩的跡象，並指出選舉不應該引起市場波動，預期市場將繼續走向穩定。
Source: YAHOO
Reported about 1 year ago
In response to the increasing cases of fraud targeting high-value properties, the Ministry of the Interior in Taiwan introduced a service where property owners will be immediately notified via text and email when there is an application for property transfer. Yung Ching Real Estate Group, known for providing a fair real estate trading platform, announced that all of its nearly 1800 stores across Taiwan will promote the 'Instant Land Register Notification' service, aiming to safeguard people's property and fulfill corporate social responsibility.
Source: YAHOO
Reported about 1 year ago
Hedge funds significantly decreased their bets on the Mexican peso following an election surprise that disrupted markets and raised concerns about the future of this previously popular currency trade. Leveraged funds cut their net long position by 56,709 contracts to 27,304, the third-largest reduction on record, while asset managers lowered their bullish wagers to 76,520 contracts, the lowest in around two years. This move came after the peso declined over 6% against the US dollar post-election, with traders moving away from profitable carry trades due to uncertainties regarding the incoming government's policies, particularly potential judicial reforms and anti-market measures.
Source: YAHOO
Reported about 1 year ago
A successful hedge fund, L1 Capital, achieving a 20% annual return since inception, is focusing on potential mergers and acquisitions in the uranium industry, particularly with NexGen Energy Ltd. Despite recent market fluctuations, the fund remains optimistic about the strategic value of investing in uranium assets, foreseeing increased interest in nuclear power due to the global shift towards carbon-free energy sources. The fund's bullish stance on uranium is supported by the growing demand and limited supply outlook, amid a resurgence of interest in nuclear power worldwide.
Source: YAHOO
Reported about 1 year ago
Noah Wyle shared on a podcast that his mom, who worked as a nurse, would critique his acting on the show 'ER' for medical accuracy. She would call him right after each episode ended to offer her review, pointing out details like not touching his face with bloody gloves. Wyle joked about the fine line between advice and criticism, but acknowledged that his time on the show did come in handy in real-life emergency situations.
Source: YAHOO
Reported about 1 year ago
Paramount+ (PARA) has announced price increases for some of its streaming services after discussions with potential buyers were halted by controlling shareholder Shari Redstone. Citi Managing Director Jason Bazinet shared insights on Paramount's pricing strategies and the likelihood of a sale. Bazinet mentioned that while a sale is possible, investors are currently favoring tech and growth-related companies over legacy media ones. He advised investors to ride out the current trend until a potential shift occurs. For more details and expert analysis, please refer to the full article.
Source: YAHOO
Reported about 1 year ago
Zero-based budgeting is a money management strategy where your income minus expenses equals zero, allocating every dollar you earn a specific purpose. This approach includes categorizing expenses, such as bills, investments, and financial goals, and adjusting the budget as needed. The strategy is highlighted for its transparency, adaptability, and accountability, but it can be time-consuming and restrictive for some. Steps to create a zero-based budget include listing income and expenses, categorizing expenses, allocating income to each category, and tracking expenses monthly for adjustments.
Source: YAHOO
Reported about 1 year ago
Grail, a U.S. cancer diagnostic test maker spun off from Illumina, is focusing on its Galleri cancer-detection test to drive growth through partnerships with health systems, employers, and insurance companies. The blood test can detect multiple cancer types early and targets 80% of unscreened cancers, aiming for global accessibility pending regulatory approvals. Grail plans to submit for FDA approval in 2026, with over 100 commercial partnerships already established. Despite regulatory scrutiny on cancer death prevention evidence, Grail seeks to expand its market post-EU antitrust issues with Illumina, which led to a fine and Grail's divestment as an independent company with Illumina as a minority stakeholder.
Source: YAHOO
Reported about 1 year ago
Luma Energy, the private operator of Puerto Rico’s power grid, has deferred $65 million worth of maintenance and improvement projects due to budget constraints, risking more outages across the island. The deferred projects include maintenance of light posts, fire mitigation, and repairs on underground circuits. The company aims to bring back these projects next year, but critics, including government officials, have expressed outrage at the decision, citing concerns about public safety and the grid's reliability.
Source: YAHOO
Reported about 1 year ago
Hoda Kotb shared on 'Today' that she went skinny dipping with her daughters Hope, 4, and Haley, 7, in New York City over the weekend, with the kids screaming with delight. Kotb discussed the fun experience on the show, highlighting their excitement and laughter. This lighthearted moment brought joy to their pool day and was shared by Kotb on social media, showing the special bond between her and her daughters.
Source: YAHOO
Reported about 1 year ago
加密货币市场承受压力，比特币（BTC-USD）遭遇自三月以来最糟糕的交易日。Yahoo Finance的Julie Hyman和Josh Lipton解析不同加密货币的表现以及市场陷入困境的原因。欲获取更多专家见解和最新市场动态，请点击此处观看Market Domination的完整章节。
Source: YAHOO
Reported about 1 year ago
The US Internal Revenue Service has settled a lawsuit with hedge fund manager Ken Griffin over a data breach where a contractor stole and leaked his tax data to ProPublica. The case is being dismissed as both parties reached an agreement to resolve the matter, with Griffin originally seeking financial damages but not requesting any during settlement discussions. The lawsuit accused the IRS of inadequate safeguards, with the breach resulting in private data of wealthy US taxpayers being revealed by ProPublica. The former IRS contractor responsible for the leak was sentenced to five years in prison.
Source: YAHOO
Reported about 1 year ago
Novo Nordisk plans to invest $4.1 billion in building a manufacturing facility in Clayton, North Carolina for its GLP-1 weight-loss drugs, Wegovy and Ozempic, doubling the production capacity in the US. This investment coincides with Eli Lilly's unveiling of a new factory in Concord, NC. Senator Bernie Sanders is set to testify on September 24th regarding drug pricing disparities between the US and other countries.
Source: YAHOO
Reported about 1 year ago
On Monday, the US stock market showed divergence with the Dow Jones Industrial Average rising by 0.7% while the S&P 500 fell by 0.3% and the Nasdaq Composite dropped over 1% due to Nvidia's more than 6% slide. The week started with investors shifting focus to energy and financial sectors. Nvidia's recent decline, along with upcoming economic data and US political events, are key areas investors are watching closely. Additionally, the European Union's regulatory actions against Apple and the performance of oil prices were notable highlights of the day.
Source: YAHOO
Reported about 1 year ago
RBC Capital Markets Software Equity Analyst Rishi Jaluria suggests investing in HubSpot (HUBS) over ZoomInfo (ZI). Jaluria praises HubSpot for its single-platform approach and success in multi-platform product adoption, highlighting its impressive AI roadmap. He cites increased competition, macro-pressures, and risks from generative AI as reasons for skipping ZoomInfo. The article provides in-depth insight on both companies' strengths and weaknesses in the sales and marketing software landscape.
Source: YAHOO
Reported about 1 year ago
Gigi Hadid showcased a retro 1950s style with pointed pumps at the Vogue World: Paris after-party, pairing them with a sparkly purple minidress. Earlier, she and Kendall Jenner modeled traditional riding attire as part of Vogue's decade-themed sports showcase, both wearing black Hermès over-the-knee boots. Known for her understated glam, Hadid has been spotted in various fashionable shoes from luxury designers like Dior, Chanel, and Prada since gaining fame in the early 2010s.
Source: YAHOO
Reported about 1 year ago
B. Riley Wealth Chief Market Strategist Art Hogan believes that the S&P 500's strong performance this year is not solely dependent on tech giants like Nvidia, Microsoft, and Apple. Hogan expects the market to broaden its success in sectors like energy, financials, utilities, and industrials. He foresees higher-than-expected second-quarter GDP growth and anticipates the Federal Reserve to cut interest rates in September. Hogan notes that investors prioritize strong economic data and earnings over frequent rate cuts, showing confidence in the market's ability to perform well without being overly reliant on the Fed's monetary policy.
Source: YAHOO
Reported about 1 year ago
The European Union has charged Apple under the Digital Markets Act for alleged unfair restrictions in its App Store, which might result in fines. Analyst Bob O'Donnell believes any stock reaction to the news is premature as the investigation could last until March 2025. He expects Apple to make necessary tweaks to comply with EU requirements, indicating that the long-term impact on the company's value and stock view may not be substantial. Investors seem to be taking the news in stride, with Apple's stock slightly up. Apple's potential partnership with Meta in AI development and its cautious approach in integrating OpenAI into Siri are also discussed in the analysis.
Source: YAHOO
Reported about 1 year ago
Pop singer Chappell Roan, in a TikTok video, expressed gratitude for the support she has received from fellow pop stars after her recent rise to fame. She mentioned how impressed she was by the unity and support among women in the pop industry and how it made her believe in the world. While she did not specify who reached out, singer Sabrina Carpenter recently mentioned listening to Roan's music often and even covered one of her songs. Roan's openness about her struggles with newfound fame was highlighted in a recent concert and interview, showcasing the emotional journey of navigating success.
Source: YAHOO
Reported about 1 year ago
根據《People》的報導，Kevin Bacon和Kyra Sedwick在PBS的《Lemon Sky》片場相遇，1988年結婚，現在育有兩個孩子。他們在接受《People》訪問時分享了為何他們的婚姻能持續三十多年的原因：「我們一直是彼此最大的支持者和粉絲。」
Source: YAHOO
Reported about 1 year ago
Noah Wyle, who portrayed Dr. John Carter on 'ER,' recalled a defining moment when the cast realized the show's potential success during an upfronts screening of the pilot episode. Despite initial doubts, the show became a massive hit from its premiere in 1994 until its conclusion in 2009. Wyle also shared how he avoided becoming a target of George Clooney's pranks by staying at the table longer to prevent falling victim to Clooney's tricks. Additionally, Wyle praised Clooney for fostering camaraderie among the cast by emphasizing professionalism and unity on and off the set.
Source: YAHOO
Reported about 1 year ago
The Dow Jones Industrial Average jumped 260 points while the Nasdaq Composite dropped over 190 points in Monday's trading. The tech-heavy Nasdaq was dragged down by Nvidia's continued sell-off, causing a 1.10% decline. This divergence between the two indices has been a recurring theme for weeks, with tech stocks like Nvidia and chip companies facing notable underperformance. On the other hand, sectors like energy and utilities saw gains, with cannabis, small oil, and regional banks also performing well. Additionally, the crypto market experienced significant losses, with Bitcoin dropping by 7%.
Source: YAHOO