Reported 5 months ago
Italian cyclist Andrea Vendrame claimed victory on stage 19 of the Giro d'Italia, breaking away from a long breakaway with 30km to go on the hilly 157km route from Mortegliano to Sappada. Despite a crash by Britain's Geraint Thomas, overall leader Tadej Pogacar and other top contenders slowed down to wait for him, showing respect and ensuring he did not lose time. Vendrame finished 55 seconds ahead of Pelayo Sanchez and Georg Steinhauser, with Pogacar maintaining a comfortable lead in the general classification.
Source: YAHOO
Reported 5 months ago
The article discusses the market's performance at the end of the week, with the Nasdaq Composite achieving a record high close while the Dow Jones Industrial Average barely gained above its flatline. The discussion revolves around whether Nvidia's earnings impacted the market as anticipated and reviews the week's market movements. Despite Nvidia's results, other factors like economic data influenced the market, with contrasting performances noted in sectors like energy, real estate, and technology.
Source: YAHOO
Reported 5 months ago
Money managers have become the most bullish on gold in over four years as prices hit a record high, with hedge funds and speculators increasing their net-long position in Comex futures and options by 21,030 contracts. Despite seeing a decline in prices after reaching a record, gold is still up 13% for the year due to factors like central bank purchases, strong demand in Asia, and geopolitical tensions in regions like Ukraine and the Middle East that highlight its safe-haven appeal.
Source: YAHOO
Reported 5 months ago
Source: INVESTORS
Reported 5 months ago
Cavaliers GM Koby Altman does not anticipate major roster changes after firing head coach J.B. Bickerstaff, expressing confidence in the team's core talent. However, Donovan Mitchell's decision regarding his future with the team could potentially impact roster decisions, including the fit between Mitchell and point guard Darius Garland. Altman believes that Mitchell and Garland can work well together based on data from their time on the court. The team also plans to retain center Jarrett Allen and hopes a new coach will maximize the potential of their roster.
Source: YAHOO
Reported 5 months ago
Despite Lions Gate Entertainment's fourth-quarter earnings report beating expectations in both revenue and income, the company's stock is trading lower as it prepares for a restructuring to separate its studios and Stars businesses. The company is looking to build on its solid finish to fiscal 2024 with the spin-off of a pure-play content company. The separation is expected to be completed by the end of the year, but uncertainty remains on creating separate equity for Stars. Shares are declining possibly due to confusion surrounding the company's future post-restructuring. In contrast, Petco's shares are rising after posting better-than-expected first-quarter results and expecting to be free cash flow positive in fiscal 2024, despite a relatively high short interest.
Source: YAHOO
Reported 5 months ago
The article highlights the best Memorial Day deals with discounts over 50% off from retailers like Target, Wayfair, Macy's, and more. The deals include savings on items such as luggage, patio furniture, and electronics, with examples like a 4-piece patio set at Wayfair discounted from $1,101 to $400, a 4-piece luggage set at Macy's discounted from $360 to $100, and a 10-piece pots and pans cookware set at All-Clad discounted from $1,405 to $650. The article provides a selection of discounted products and encourages readers to take advantage of the sales to gear up for the summer season.
Source: YAHOO
Reported 5 months ago
Source: INVESTORS
Reported 5 months ago
The article discusses Commerce Street Capital CEO Dory Wiley's views on investing in the "Mag 7" stocks, particularly focusing on Nvidia's recent earnings. Wiley emphasizes the importance of Nvidia within the Big Tech sector, noting that under-investing in these stocks could lead to significant trouble for investors. Despite the recent weakness in Big Tech, Wiley remains optimistic about the long-term growth prospects of these stocks. He suggests that investors should consider establishing positions in these stocks to benefit from their potential growth.
Source: YAHOO
Reported 5 months ago
Stocks in the US rebounded on Friday, with the S&P 500 rising 0.7% and the Nasdaq Composite gaining 1.1% after a volatile week that saw the Dow Jones Industrial Average shed 600 points in its worst day in over a year. Tech stocks led the way higher, with Nvidia up 2% following its blowout quarter and upcoming stock split. The positive sentiment was also supported by easing US Treasury yields and renewed interest rate concerns. Additionally, Paramount reached a multi-year distribution deal with Charter Communications, and Nvidia's stock split marked the fourth from Magnificent Seven companies since 2022.
Source: YAHOO
Reported 5 months ago
The article discusses the trend of CEOs demanding and receiving large compensation packages, highlighting Tesla CEO Elon Musk's $56 billion compensation package and the upcoming shareholder vote on it. The piece also mentions the overall rise in CEO pay, especially for companies with smaller annual revenues, with insights from Yahoo Finance Legal Reporter Alexis Keenan on CEO pay trends.
Source: YAHOO
Reported 5 months ago
Bronny James' agent, Rich Paul, stated that he would not have Bronny sign a two-way contract in the NBA, emphasizing the importance of having him on an NBA roster for development purposes, even if he spends time in the G-League. Despite being the son of LeBron James, Bronny is seen as a legitimate prospect in the upcoming NBA Draft, with teams considering him a potential second-round pick. Paul is focused on finding the best situation for Bronny and mentions potential interest from teams like the Lakers, Suns, and Jazz.
Source: YAHOO
Reported 5 months ago
The San Francisco Giants have brought back pitcher Drew Pomeranz, signing the 35-year-old to a major league contract and adding him to their bullpen. In corresponding moves, pitcher Mason Black was sent to Triple-A, and catcher Jakson Reetz was designated for assignment. Pomeranz, who had a successful stint in the Giants' bullpen in 2019 before being traded to the Milwaukee Brewers, returns after a series of injury setbacks that kept him out of the big leagues since 2021. This move provides the Giants with another left-handed option in the bullpen alongside Taylor Rogers and Erik Miller.
Source: YAHOO
Reported 5 months ago
To make a restaurant-quality burger at home, celebrity home cook Ina Garten suggests using caramelized onions as a secret ingredient to elevate the flavor instantly. Caramelized onions pair well with juicy beef and cheese, enhancing the burger's overall taste. Garten's recipe for Niman Ranch Burgers involves preparing the ground beef with liquid ingredients, forming uniform patties, and topping them with caramelized onions cooked in butter and thyme for at least 30 minutes. The full recipe includes additional steps for grilling the burgers and assembling them with English muffins as buns.
Source: YAHOO
Reported 5 months ago
Cabinet Minister Michael Gove has announced his resignation as a Member of Parliament, becoming part of a significant departure of almost 80 Tories ahead of the UK's July 4 general election. Gove, a key Brexit-backer, expressed support for Prime Minister Rishi Sunak but emphasized the need for a new generation of leaders. His departure adds pressure on Sunak and the ruling Conservatives as they strive to close the gap in polls against the opposition Labour Party. The exodus of Conservative MPs ahead of the election is seen as a challenge, with concerns that safe Tory strongholds may be at risk.
Source: YAHOO
Reported 5 months ago
Shares of Deckers Outdoor surged, trading above $1,000 after projecting a 10% revenue growth for the upcoming year, with its stock up over 50% year-to-date driven by the popularity of Uggs and Hoka brands. Analysts are positive, with Raymond James raising the price target to $1,100 and Cowan noting that expectations were exceeded. The success of Deckers Outdoor contrasts with other retail stocks like Crocs and Ross, prompting questions about Hoka's ability to maintain market share amidst competition from other shoe companies.
Source: YAHOO
Reported 5 months ago
The article discusses updates on Palantir Technologies stock, noting that it wasn't among the 10 best stocks identified by The Motley Fool Stock Advisor analyst team for potential high returns. It highlights the success of past recommendations like Nvidia and promotes the Stock Advisor service's benefits. The author, Neil Rozenbaum, discloses his positions in Palantir Technologies and his affiliation with The Motley Fool.
Source: YAHOO
Reported 5 months ago
Producers of the Trump biopic "The Apprentice" claim the film provides a "fair and balanced portrait" of the former president, as they received a cease and desist letter from his legal team. Trump is reportedly trying to prevent the film's distribution deals at Cannes, with his campaign threatening legal action. The movie, directed by Ali Abbasi and starring Sebastian Stan, depicts Trump's early days mentored by Roy Cohn. Despite some critical views, the producers stand by the film's portrayal of Trump.
Source: YAHOO
Reported 5 months ago
The article discusses recent updates impacting Nvidia stock, focusing on its involvement in Artificial Intelligence (AI) and its potential impact on three markets. The Motley Fool also mentions a video discussing Nvidia's recent developments, advising investors to consider various factors before investing in the company. Additionally, the article highlights that Nvidia wasn't included in the list of the 10 best stocks for investors to buy now by The Motley Fool Stock Advisor analyst team, but emphasizes the potential returns from investing in recommended stocks.
Source: YAHOO
Reported 5 months ago
As Warriors consider their options with Chris Paul's contract, there is interest from the Lakers and Spurs if Paul becomes a free agent this offseason. Paul's $30 million non-guaranteed contract with the Warriors for the 2024-25 NBA season can be waived before June 28, potentially leading to his free agency. The Lakers and Spurs are reportedly potential suitors for Paul, with the Warriors evaluating different contract scenarios, including possibly pushing the guarantee date into July with Paul's consent. Despite hopes within the Warriors organization for Paul's return, if he does become a free agent, there should be no shortage of teams interested in signing him for his 20th NBA season.
Source: YAHOO
Reported 5 months ago
Corey Stoll revealed in an exclusive interview with People that his 8-year-old son Nico won't watch him in Marvel's Ant-Man because it feels weird for him to see his dad playing the super villain Yellowjacket. Stoll shared that he and his wife aim to ensure that the fame part of his job is not a central part of their son's life and recounted a lesson they taught him during a trip to Italy. Stoll is currently starring in the Broadway play "Appropriate" and received a Tony Award nomination for his role.
Source: YAHOO
Reported 5 months ago
Former President Donald Trump's team has sent a cease and desist letter to the producers of the Cannes hit film "The Apprentice," attempting to halt its distribution in the U.S. The film, directed by Ali Abbasi, portrays a dramatized account of Trump's relationship with Roy Cohn and has been described as defamatory and a concoction of lies by Trump's lawyers. The producers have responded, stating that the film is a fair and balanced portrait of the former president and inviting Trump to attend the premiere. Despite legal threats, the Supreme Court's protection of films under the First Amendment is noted, and there is speculation about potential challenges in securing a U.S. distribution deal for the film.
Source: YAHOO
Reported 5 months ago
The United Auto Workers have filed an objection with the National Labor Relations Board, accusing Mercedes of intimidating and coercing workers at two Alabama factories to vote against joining the union. The UAW alleges that Mercedes engaged in unlawful practices and anti-union campaigns, leading to a majority vote against unionization. Mercedes has stated that they aimed for a fair election process and hoped the UAW would respect the workers' decision. The outcome marks a setback for the UAW's efforts to unionize auto plants in the Deep South.
Source: YAHOO
Reported 5 months ago
Giants hitting coach Pat Burrell praised LaMonte Wade Jr.'s plate discipline, comparing it to that of Giants legend Barry Bonds. Burrell highlighted Wade's ability to work the strike zone, get on base, and hit the ball hard. Despite not having massive power numbers, Wade's impressive approach at the plate with a .481 on-base percentage and .339 batting average has been a significant contribution to the Giants' success this season.
Source: YAHOO
Reported 5 months ago
Workday's stock saw a significant drop in value following a reduction in its full-year subscription revenue forecast for the cloud-based corporate management platform. The stock fell by over $40 in Friday's trading session. Analysts noted a challenging environment for non-AI enterprise tech companies, attributing the weaker outlook to industry-wide trends rather than company-specific issues. Despite mixed results, Workday's operating margins were noted to be above consensus. The company's CEO is seen as capable of leading a successful turnaround in the long term, but short-term challenges are expected due to macroeconomic conditions. Workday's lowered subscription revenue outlook, although described as modest, caught investors' attention and contributed to the stock's decline.
Source: YAHOO