Reported 4 months ago
Chipotle Mexican Grill (NYSE:CMG) stock, currently trading at 67x earnings, is considered a market anomaly due to its overvaluation compared to government bond yields. Despite investors citing growth, drive-throughs, recession-resistant demand, and a strong balance sheet, the stock's valuation is seen as unsustainable. Analysts anticipate a potential 50% decline in Chipotle's stock price if it were to be re-rated to a more reasonable P/E ratio of 35x. As Chipotle's growth rate is expected to slow down in the future, its current high valuation is deemed unjustified.
Source: YAHOO
Reported 4 months ago
Merck & Co is close to finalizing a $1.3 billion cash acquisition of Eyebiotech, an ophthalmology biotechnology firm, with potential for an additional $1.7 billion in milestone payments, as reported by The Wall Street Journal. Eyebiotech focuses on developing treatments for sight-threatening diseases, with its lead drug, Restoret, targeting retinal diseases causing vision impairment. Merck's interest in acquisitions is driven by revenue concerns following the eventual patent expiration of its top-selling cancer drug Keytruda, which generated over $25 billion in sales in 2023.
Source: YAHOO
Reported 4 months ago
Chinese silver imports are expected to increase as solar demand boosts prices, leading to a surge in trading activity. The rise in demand for silver, driven by its dual industrial and financial uses, particularly in the solar panel industry in China, has created an arbitrage opportunity with widened spread between Chinese and world prices. This trend could potentially result in a drain of silver supply from the West to China, impacting market pricing.
Source: YAHOO
Reported 4 months ago
Gypsy Rose Blanchard, known for her complex past involving her mother's murder and Munchausen By Proxy, recently expressed on TikTok that she does not want to be treated as a celebrity but rather as a trauma survivor healing from abuse. She emphasized not wanting to relive her trauma for others' curiosity and highlighted the importance of her journey toward healing. Despite facing hardships, Gypsy continues to maintain a positive outlook on life, sharing messages of hope and self-love on social media following her release from prison and subsequent personal developments, including a divorce and rekindled romance.
Source: YAHOO
Reported 4 months ago
Warriors star Steph Curry humorously analyzes Kansas City Chiefs quarterback Patrick Mahomes' high school basketball highlights, praising Mahomes' comfort in the paint and play-making abilities despite noting room for improvement in his jump shot. Curry and Mahomes both discuss their respective athletic abilities and similarities in their approach to their professional sports, with Mahomes joking about his basketball potential if he had continued growing past eighth grade.
Source: YAHOO
Reported 4 months ago
The majority owner of Asia Cement China Holdings Corp. is reportedly considering a take-private deal for the Hong Kong-listed company, as its shares surged following the news. The company, controlled by Taiwan's Asia Cement Corp., saw its shares suspended after a 47% jump, despite being down 6% over the past year due to China's real estate crisis. Deliberations are ongoing, with Asia Cement Corp. declining to comment on the matter. Asia Cement China warned of a first-quarter loss and revenue decline in 2023, with its chairman also leading Far Eastern New Century Corp., which has assets of about $105 billion.
Source: YAHOO
Reported 4 months ago
Despite Caitlin Clark's career-high performance of 30 points, the Indiana Fever fell short against the Los Angeles Sparks who dominated with a 60.9% 3-point shooting. Clark's seven turnovers hindered the Fever's efforts, while the Sparks' Kia Nurse and Aari McDonald contributed significantly to their victory. The Sparks' strong second-half performance led them to an 88-82 win, improving their record to 2-4, while the Fever dropped to 1-7.
Source: YAHOO
Reported 4 months ago
The Connecticut Sun started the WNBA season 6-0 for the first time in franchise history, with DeWanna Bonner reaching 7,000 career points during their 70-47 victory over the Phoenix Mercury. Bonner became the fifth player in WNBA history to achieve this milestone, while the Sun set a franchise record with their six consecutive wins. Despite Phoenix's struggles, including a poor 3-point shooting performance, Connecticut dominated the game with Brionna Jones adding 16 points and Alyssa Thomas contributing 10 points, six rebounds, and eight assists.
Source: YAHOO
Reported 4 months ago
BYD Co. has introduced a new hybrid powertrain capable of driving over 2,000 kilometers without recharging or refueling, positioning itself in competition with Toyota Motor Corp. and Volkswagen AG in the electric vehicle market. The upgraded technology will be launched in two sedans costing under $13,800, with the ability to cover long distances on a single charge and tank of gas. BYD's focus on extending range and slashing fuel consumption is highlighted, with the company selling 3 million cars last year and almost 1 million this year. The introduction of these long-range hybrids may further intensify price competition in the market.
Source: YAHOO
Reported 4 months ago
The weakening of the yen against the euro by about 9% this year is expected to provide a significant earnings boost for Japanese exporters with substantial sales in Europe. Companies with a high percentage of sales in Europe are forecasted to benefit from the yen's depreciation, with the lower exchange rate improving their profitability. The yen's decline against major currencies is attributed to the Bank of Japan's low interest rates compared to higher rates elsewhere, making Japanese exports more competitive in international markets. Notably, Makita Corp. and Canon Inc. anticipate improved operating profits with a depreciation of the yen. Additionally, firms like Shionogi & Co. Ltd. are witnessing positive effects on earnings due to the weaker yen, particularly in European sales of anti-AIDS virus medications.
Source: YAHOO
Reported 4 months ago
During the final installment of the Vanderpump Rules season 11 reunion, Tom Sandoval tearfully apologized to Ariana Madix for bringing Rachel Leviss into their lives through an affair, calling it his "badge of shame." Ariana expressed disbelief in Sandoval's apologies, citing his "double life," and emotional manipulation. Sandoval acknowledged his wrongdoing and expressed deep regret for hurting Ariana, acknowledging that she didn't deserve to be cheated on. The affair, which came to light in March 2023, led to the end of their nine-year relationship and subsequent legal issues.
Source: YAHOO
Reported 4 months ago
Oil prices fell about 1% due to concerns about weak U.S. gasoline demand and economic data that may prompt the Federal Reserve to maintain higher interest rates for longer, potentially impacting economic growth and oil demand. Brent futures settled at $83.60 a barrel, while U.S. West Texas Intermediate crude settled at $79.23. Factors contributing to the decline include worries about gasoline demand, anticipation of the U.S. personal consumption expenditure price index report, and expectations that OPEC+ will maintain production cuts. Geopolitical tensions in the Middle East also influenced oil prices.
Source: YAHOO
Reported 4 months ago
New offensive coordinator Klint Kubiak is exploring new ways to involve Taysom Hill in the Saints' offense, with Hill expressing excitement about being challenged and asked to do things he's never done before after seven years in his current role. Hill, known for his versatility, has lined up in various positions and is now working with the tight ends and running backs, not as a quarterback. Kubiak and Hill have had discussions about the vision for Hill's role, aiming to create unique and fun opportunities for him moving forward.
Source: YAHOO
Reported 4 months ago
Padma Lakshmi, the former Top Chef host, shared her approach to health, emphasizing self-love and kindness towards her body in an interview with US Weekly. She mentioned not depriving herself but also not overindulging, and highlighted her love for working out through activities like weightlifting, boxing, and jump rope. Lakshmi also mentioned feeling more relaxed and less tired since leaving Top Chef, attributing her ability to maintain her weight to boxing workouts.
Source: YAHOO
Reported 4 months ago
A U.S. judge in Seattle rejected Amazon's request to dismiss an FTC lawsuit accusing the company of enrolling consumers into its paid Amazon Prime service without consent. The lawsuit alleges deceptive practices by Amazon, including making it difficult to cancel memberships and using manipulative website designs. The FTC lawsuit seeks civil penalties and a permanent injunction. Another antitrust lawsuit against Amazon is also pending in the same court, set for trial in October 2026.
Source: YAHOO
Reported 4 months ago
A decline in bonds has caused stocks to fall amid concern over the US deficit driving up yields. Weak Treasury sales have led to worries about funding the deficit as the Federal Reserve maintains its current stance on interest rates. Major groups in the S&P 500 decreased, and Treasury 10-year yields rose along with European bond yields. The market continues to be influenced by uncertainties surrounding monetary policy and inflation, impacting various asset classes.
Source: YAHOO
Reported 4 months ago
美國今日運動 - Golfweek斯科蒂·舍弗勒案件將於星期三在法庭上得以解決，律師事務所表示提姆·施密特週二，2024年5月28日，晚上8:31點·1分鐘閱讀聯結已複製29傑佛遜縣檢察官麥克·奧康奈爾將在星期三的法庭上處理針對斯科蒂·舍弗勒的指控，根據他辦公室的聲明。聲明中並未進一步說明星期三的出庭將涵蓋什麼內容。奧康奈爾辦公室的發言人表示，在聽證會前，他將不發表進一步評論。斯科蒂·舍弗勒，世界排名第一的高爾夫球手，因被路易維爾市警察局的一名警探指控於5月17日在瓦拉拉高爾夫俱樂部外用車撞傷警探而被逮捕。根據他的逮捕傳票，舍弗勒面臨二級襲擊、三級故意破壞他人財產、危險駕駛和忽視交通警察指示的指控。在肯塔基州，二級襲擊被歸類為C級重罪。更多：斯科蒂·舍弗勒遭逮捕的路易維爾警察局警官曾受到處分舍弗勒將不會在聽證會上出席，根據雙方與法庭的協議，該公告指出。根據法庭記錄，他的提審日期定於6月3日。舍弗勒的律師史蒂夫·羅明斯先前在聲明中表示，他的客戶不打算與檢察官辦公室談判和解。羅明斯表示:“我已準備好根據需要辯護，該案將被撤銷，或者我們將進行審判，因為斯科蒂絲毫沒有做錯事。”故事最初刊載於《GolfWeek》。
Source: YAHOO
Reported 4 months ago
一項發表於《自然老化》期刊的新研究指出特定營養素有助於延緩大腦老化。研究找出具有較慢老化跡象的參與者攝取了特定的營養素主要包括脂肪酸、抗氧化劑、類胡蘿蔔素、維生素E和膽鹼。這些營養素主要來自海鮮、漿果、大蒜、蕃茄、堅果、多種水果和蔬菜等食物。該研究強調地中海飲食中許多食物含有這些營養素。此外，脂肪魚、蛋、核桃、漿果和柑橘類水果等食物也有益於大腦健康。
Source: YAHOO
Reported 4 months ago
Gypsy Rose Blanchard, known for her experience with Munchausen syndrome by proxy and a 10-year prison sentence, stars in the upcoming docuseries 'Gypsy Rose: Life After Lockup' premiering on June 3. The trailer features Blanchard's struggles with her marriage to Ryan Anderson, her confession of wanting to be with her ex Ken Urker, and her ultimate decision to divorce Anderson and embrace a new relationship with Urker. The series follows Blanchard navigating through post-prison life, fame, and the emotional toll of her breakup with Anderson.
Source: YAHOO
Reported 4 months ago
The United States has diverse regional quirks that surprise even those who have lived there all their lives. BuzzFeed asked people to share surprising cultural differences they encountered when moving states, such as unique local school lessons, different terminology, safety practices, weather perceptions, goodbye customs, liquor laws, and more. From intriguing language variations to social customs and weather-related attitudes, these anecdotes provide insights into the diverse cultural landscape across US states.
Source: YAHOO
Reported 4 months ago
2024年法國網球公開賽現已全面展開，Coco Gauff將迎接下一場比賽。作為女子組別的第3種子和現任美國網球公開賽冠軍，Gauff尋求贏得第二座大滿貫冠軍。在第二輪比賽中，她將面對世界第131名的Tamara Zidanšek。如果你準備好觀看2024法網的Coco Gauff對Tamara Zidanšek的比賽，這裡提供了關於法網的一切需要知道的資訊，其中包括完整的廣播時間表、免費直播比賽的地方等。
Source: YAHOO
Reported 4 months ago
Lenovo Group Ltd. intends to issue $2 billion of zero-coupon convertible bonds to Saudi Arabia's sovereign wealth fund as part of a strategic partnership. The deal includes building a research center in Riyadh and expanding production in the region. The move aims to enhance Saudi Arabia's competitiveness in advanced technologies like AI, amid a growing US-China tech rivalry. The bonds would represent about 12% of Lenovo's current capital upon maturity.
Source: YAHOO
Reported 4 months ago
Gordon Hayward並不滿意他在奧克拉荷馬市雷霆隊的時光，總經理Sam Presti也在這件事中自責。Presti坦言在本季早期帶進Hayward進來的交易上犯錯了，他表示：「這是我的責任。但我在學習，試圖了解這支球隊，試著了解這支球隊的節奏。希望成為這支球隊的熱心觀察者，明白他自身將會自然而然地變化。」
Source: YAHOO