Reported 6 months ago
Bitcoin options traders are optimistic about a potential new all-time high for Bitcoin by the end of the month, driven by expectations of US interest rate cuts and increasing inflows into exchange-traded funds. Call options with strike prices of $75,000, $100,000, and $80,000 have the most open interest, indicating a positive outlook. With demand for riskier assets rising due to Federal Reserve rate cut expectations, traders are eyeing a fresh high for Bitcoin as it hovers around $71,756, following a recent record of $73,798 set in March. Other indicators, such as widening premiums in futures and positive sentiment in perpetuals, further support the bullish market outlook.
Source: YAHOO
Reported 6 months ago
CrowdStrike President Michael Sentonas discusses the company's successful first-quarter results with revenue and profits surpassing expectations, attributing the growth to increased subscription revenue and the AI service 'Charlotte,' which accelerates defense against cyber adversaries. Sentonas emphasizes the importance of AI in making cybersecurity user-friendly and efficient, with the Falcon platform simplifying procurement for clients. If CrowdStrike considers acquisitions, Sentonas highlights the focus on aligning with the platform's easy-to-use nature.
Source: YAHOO
Reported 6 months ago
Discovering and maintaining a lasting love requires accountability, turning towards your partner's bids, having fun together, letting go of expectations, and preserving positive illusions about your partner. By taking responsibility for personal growth, engaging in small moments of connection, prioritizing fun activities, communicating honest expectations, and focusing on the positive qualities of your partner, a relationship can thrive and endure challenges.
Source: YAHOO
Reported 6 months ago
Miami Dolphins head coach, Mike McDaniel, is using the team's 24-year playoff win drought as motivation for the upcoming season by scheduling staff meetings at the :24 mark of the hour to constantly remind them of the milestone. Despite making the playoffs in the last two seasons, the Dolphins have not won a playoff game since 2000. McDaniel's emphasis on the number 24 reflects his dedication to achieving postseason success and finishing strong in the upcoming 2024-25 season.
Source: YAHOO
Reported 6 months ago
The Philadelphia Eagles have assigned a new role to chief security officer Dom DiSandro, making him responsible for overseeing gameday coaching operations ahead of the 2024 season. This decision follows an incident during last year's game against the 49ers, leading to DiSandro being ejected from the game. His new role, which also includes being a senior advisor to the General Manager, aims to prevent any future disciplinary issues. Alongside this change, the Eagles made various other adjustments and appointments within their football operations and scouting departments.
Source: YAHOO
Reported 6 months ago
Short positions against Nvidia have reached approximately $34 billion, exceeding the combined short bets against Apple and Tesla. S3 Partners reported on Thursday that short sellers have wagered about $19 billion against Apple and $18 billion against Tesla. Despite the significant amount of bets against Nvidia, they only represent 1% of the company's market value due to the high demand for its AI processors, driving Nvidia's stock to surge by 143% in 2024. Nvidia briefly surpassed Apple to become the world's second most valuable company with a market value of $3.012 trillion before slightly declining to $2.96 trillion.
Source: YAHOO
Reported 6 months ago
Mike Lynch, a prominent British tech figure, has been cleared of fraud charges related to the $11 billion acquisition deal of software maker Autonomy by Hewlett Packard, which had turned into a financial burden for the company. After an 11-week trial in federal court, Lynch was acquitted by a jury in San Francisco on all 15 felony counts, with a count of securities fraud being dismissed by the judge. The verdict marks a victory for Lynch, who had vehemently denied the allegations, and further complicates the troubled history of HP under then-CEO Meg Whitman.
Source: YAHOO
Reported 6 months ago
Novavax股票（NVAX）在過去一個月內飆升近300%，每股19.56美元，得益於多項良好消息。美國食品藥品監督管理局（FDA）終於設定了公司COVID-19疫苗全面批准的截止日期。此外，公司還從監管機構的諮詢小組獲得了正面消息，該小組選擇了新的COVID-19變種JN.1，這種變種是Novavax在實驗室中測試的，因此公司準備可以大規模生產，在九月的加強劑接種活動中使用。Novavax是六家最初獲得“Operation Warp Speed”資助的公司之一，它基於比較普遍的平臺開發了疫苗，並受到Sanofi的投資和支持。
Source: YAHOO
Reported 6 months ago
Dish Network Corp, with over $20 billion in debt, is having confidential discussions with convertible holders about potential new financing tied to wireless spectrum at an unrestricted subsidiary. The company is seeking solutions as it transitions from pay-TV to wireless services, following the scrapping of a debt swap earlier in February. Negotiations are ongoing, and a final decision has not been reached amidst creditor disputes and lawsuits.
Source: YAHOO
Reported 6 months ago
State Street Corp. foresees that actively managed exchange-traded funds (ETFs) are on track to attract a record-breaking $260 billion this year, driven by investors seeking alternative strategies beyond traditional benchmarks. Data indicates the growing interest in active ETFs, with portfolio managers consistently investing in this sector for the past 50 months, resulting in a surge of inflows. State Street's forecast suggests that flows into active ETFs might nearly double last year's record of $140 billion, marking a significant shift in the industry towards actively managed vehicles that promise higher returns and specific market outcomes.
Source: YAHOO
Reported 6 months ago
American households are seeking value for their money while shopping, leading to increased sales at bargain retailers like Walmart and Costco. While thrifty shoppers are flocking to discount stores for deals on everyday necessities, there is also a trend of selective spending on quality products that are on trend and provide long-term value, even if they are slightly more expensive. Retailers like Abercrombie & Fitch and Williams-Sonoma are seeing boosts in sales by catering to these consumer preferences, emphasizing the importance of value over just low prices.
Source: YAHOO
Reported 6 months ago
Mexico's peso plummeted after the ruling party leader in the lower house announced intentions to pass President Andres Manuel Lopez Obrador's proposed reforms that might increase government power. The prospect of reforms before President-elect Claudia Sheinbaum takes office in October led to the peso dropping nearly 3% to 18 per dollar, the worst among major currencies. Investors' concerns about potential reforms and the removal of checks on the ruling party's authority caused shockwaves in Mexican assets, with the peso losing over 5% post-election.
Source: YAHOO
Reported 6 months ago
Hayfin Capital Management，這家專注私人信貸的公司去年開始探索出售，現已決定將這些計劃擱置，轉而進行管理層買斷交易，擁有消息人士透露。該公司管理團隊正在與潛在融資提供方進行洽談，以期從卑詩省投資管理公司手中買回大部分股權。該管理層買斷交易預期將使公司估值約為12億歐元（13億美元）。
Source: YAHOO
Reported 6 months ago
Source: WSJ
Reported 6 months ago
As the average rate on a 30-year fixed mortgage falls to 6.99%, homebuyers are facing a bittersweet market where rates have dipped below 7%, but high home prices continue to challenge affordability. Despite growing housing inventory, low buying activity persists due to the pressure from elevated rates and home prices. Mortgage applications have declined, with purchases down 4% and refinances down 7%, leading to a 13% decrease in demand compared to last year. Experts highlight the need for more housing inventory to alleviate tough affordability conditions.
Source: YAHOO
Reported 6 months ago
《華爾街日報》記者透過本週的一系列文章深入探討了不斷升級的全球晶片競爭，討論焦點為在未來十年預計將增長一倍至1兆美元的龐大產業。南韓以及台灣作為亞洲的晶片製造冠軍，是美國盟友，但在晶片領域上卻日益成為友好競爭對手，並積極擴展資源以保持領先地位。亞洲在晶片製造方面仍保持優勢，但美國的未來進展仍具挑戰性，也可能面臨台灣海峽或朝鮮半島可能的軍事衝突風險。南韓和台灣政府正在積極支持晶片製造業，並提供資金和政策支持來增強實力競爭。
Source: YAHOO
Reported 6 months ago
Zoo Atlanta captured heartwarming footage of gorilla dad Willie B. Jr. playing with his son Willie B. III, resulting in the baby gorilla erupting into fits of laughter. The video shows the duo bonding and having fun together, with the baby gorilla displaying an extreme case of gorilla giggles while rolling around with his dad on the floor. The sweet moment has captivated viewers, with many commenting on the adorable interaction between the father and son gorilla.
Source: YAHOO
Reported 6 months ago
JPMorgan and Citigroup are among the few banks still forecasting a US interest-rate reduction next month, in contrast to traders who expect steady rates until November based on swap rates. The release of Friday's job data will likely reveal whether market analysts or the banks are closer in their predictions regarding Federal Reserve monetary policy, as data signal a strengthening case for rate cuts earlier than initially expected.
Source: YAHOO
Reported 6 months ago
WisdomTree Global CIO, Jeremy Schwartz, discusses India's strong long-term growth prospects, citing favorable demographic profiles and ongoing expansion goals under reelected Prime Minister Narendra Modi. Despite initial election volatility, Schwartz remains optimistic about India's economy and compares its growth story to China's past. He also comments on the challenges faced by US small caps due to high inflation. For more insights and market updates, watch the full episode of Market Domination.
Source: YAHOO
Reported 6 months ago
Jordan Graft, CEO of Highway, highlighted the increasing presence of corruption and fraudsters in the trucking sector at a FreightWaves event. Graft emphasized the importance of enhancing brokers' capabilities to combat identity theft, double brokering, and other fraudulent activities costing the industry over $100 million annually. Highway, focusing on digital identity solutions, aims to streamline broker-carrier interactions while prioritizing security measures to reduce friction and enhance broker performance.
Source: YAHOO
Reported 6 months ago
The NASCAR Cup Series heads to Sonoma Raceway for the Toyota/SaveMart 350, with the track undergoing a recent repave. Despite favorite Martin Truex Jr. at +550, value picks include Chris Buescher to Win (+1400), Denny Hamlin to Win (+2000), Kyle Busch to finish Top 10 (+140), and Chase Elliott to finish Top Five (+155). Buescher has excelled at Sonoma in the Next Gen car, while Hamlin is a threat with strong recent finishes. Busch aims to secure a playoff spot, and Elliott, consistent on road courses, aims for another Top Five finish. Betting details and strategies outlined for each driver.
Source: YAHOO
Reported 6 months ago
New York developer Durst Organization secured new equity and debt for a Long Island City apartment building valued at over $700 million, with equity partner Affinius Capital taking a less than 50% stake worth over $100 million. The property also secured $450 million in debt financing from Wells Fargo & Co. The building, called Sven, completed in 2022 with 958 units, including affordable ones, is part of the Affordable New York program and has a 35-year tax abatement until 2058.
Source: YAHOO
Reported 6 months ago
WisdomTree Global CIO Jeremy Schwartz discusses the European Central Bank's first interest rate cut since 2019, moving rates to 3.75% from 4%, and the potential impact on the Federal Reserve's next interest rate decision. As the ECB emphasizes data-dependency and refrains from committing to further cuts, Schwartz highlights the possible volatility in investing in Europe and suggests focusing on cheaper stocks rather than going long on the euro. Schwartz notes that with inflation decreasing, the Fed may not need to be as restrictive, but the key lies in the data they monitor and their confidence levels.
Source: YAHOO
Reported 6 months ago
《雅虎體育》2024賽季的數據和趨勢：新秀廣收容生產持續激增。Matt Harmon和Scott Pianowski在節目中進行了有關新秀廣收容生產的深度挖掘，觀察了過去十個賽季新秀廣收容的歷史數據，以了解新秀廣收容從一開始就變得更加適合魔幻足球。兩人在節目的後半部分試圖確定在這個班級中哪些新秀您可以信任，帶來即時的幻想成功。
Source: YAHOO