Reported 5 months ago
The article discusses Wall Street veteran analyst Stephen 'Sarge' Guilfoyle's recommendation of Palantir Technologies (PLTR) as his top long-term trade pick. Guilfoyle highlights the company's strong financials, clean balance sheet, and expanding customer base as reasons for optimism, despite potential valuation risks. He emphasizes Palantir's inelastic demand for security, surveillance, and big data analysis, mentioning its clean cash flow and profitability as key factors supporting his bullish outlook. Guilfoyle acknowledges the valuation risk and the company's reliance on government spending but believes in its potential to grow into its current valuation.
Source: YAHOO
Reported 5 months ago
Toronto has been officially awarded an expansion team in the WNBA, set to begin playing in 2026. The team, owned by Larry Tanenbaum’s Kilmer Sports Ventures, will play at the 8,700-seat Coca-Cola Coliseum and also have select games in Montreal and Vancouver. This marks the league's 14th team and the first non-U.S. team in the WNBA. The expansion fee for the Toronto franchise is $50 million, the same amount paid by the Golden State Warriors' ownership group for the Valkyries team.
Source: YAHOO
Reported 5 months ago
Zara Tindall, daughter of Princess Anne, has introduced a $10 high heel hack involving heel caps to make walking on grass and uneven surfaces easier during summer weddings. The caps, available in a 10-pack on Amazon with various sizes, provide more surface area for balance. Zara's fashion choice was the dusty pink 'Rebecca' style from Emmy London, also owned by Kate Middleton. This royal-approved hack is a great solution for stiletto lovers attending outdoor weddings.
Source: YAHOO
Reported 5 months ago
German electrical components maker Hager is leaning towards expanding in France due to factors like cuts to business tax rates, more flexibility in labor rules, and support from local officials. President Macron's pro-business reforms have made France increasingly attractive for foreign investors, with the country surpassing Germany as Europe's top destination for foreign direct investment since 2019. Macron's initiatives, such as lowering corporate taxes and modernizing labor laws, have boosted economic growth and job creation, but challenges like political opposition, low approval ratings, and the need for further reforms remain.
Source: YAHOO
Reported 5 months ago
BABYMETAL and Electric Callboy have collaborated on a new song called "RATATATA," blending dance metal with tech-y metal riffs and a pulsing EDM beat, featuring vocals from both bands. This is BABYMETAL's second collaborative track of 2024, following their release of "LEAVE IT ALL BEHIND" in March. The collaboration comes ahead of BABYMETAL's Fox_Fest in Japan this weekend, where Electric Callboy will also be performing, potentially including a live rendition of "RATATATA."
Source: YAHOO
Reported 5 months ago
A building in Lower Manhattan, NYC was struck by lightning, resulting in one person being injured and taken to the hospital. The incident occurred during a severe thunderstorm that moved through the area, causing flight delays at LaGuardia, JFK, and Newark airports. The storm has since passed but more rain is expected, with temperatures around 82 degrees in New York City.
Source: YAHOO
Reported 5 months ago
Peter Hargreaves, the largest shareholder in UK retail investment platform Hargreaves Lansdown, is considering taking the company private and has discussed this with investors. Hargreaves rejected a 4.67 billion pound takeover bid from a consortium led by CVC Advisers and the Abu Dhabi Investment Authority, stating it undervalued the company. Hargreaves, who holds a 19.8% stake, prefers a higher price for a potential buyout. The company's shares rose following news of the bid, amid increased M&A activity in the UK. Despite facing challenges, Hargreaves Lansdown reported strong first-quarter results recently.
Source: YAHOO
Reported 5 months ago
The Justice Department has filed an antitrust lawsuit against Live Nation-Ticketmaster, accusing the company of stifling competition and driving up prices for consumers. The lawsuit, filed in U.S. District Court in Manhattan, seeks to break up the merged company, alleging that Live Nation-Ticketmaster engaged in unlawful, anticompetitive conduct that harms fans, artists, smaller promoters, and venue operators. Live Nation-Ticketmaster has responded by calling the lawsuit "baseless" and arguing that the DOJ's actions won't address the issues fans care about regarding ticket prices, service fees, and access to shows.
Source: YAHOO
Reported 5 months ago
Tesla has omitted its goal of delivering 20 million vehicles annually by 2030 from its latest impact report, indicating a shift in focus towards robotaxis and autonomous driving technology. CEO Elon Musk previously aimed for this ambitious target, but Tesla is now concentrating on more accessible products and affordable vehicles using existing product lines. The company's shares fell about 2% following this news, as Tesla faces challenges in a softer EV market and increased competition, leading to layoffs and a restructuring towards robotaxis and autonomous technology.
Source: YAHOO
Reported 5 months ago
The U.S. Justice Department and over two dozen states have filed a lawsuit against Live Nation, accusing the concert promoter and Ticketmaster unit of unlawfully inflating ticket prices and harming artists, with Attorney General Merrick Garland calling for Live Nation to be broken up due to monopolistic control over the live events industry. The lawsuit highlights the Biden administration's aggressive antitrust enforcement, aiming to increase competition across various sectors, and Live Nation's stock dropped by 8.3% following the legal action. The lawsuit seeks to divest Ticketmaster and provide additional relief to address anticompetitive harm, with bipartisan support from attorneys general and calls from politicians for legislation to promote competition in the ticketing market.
Source: YAHOO
Reported 5 months ago
The upcoming Season 2 of "House of the Dragon" is set to feature a highly anticipated and brutal scene known as "Blood and Cheese," drawing comparisons to "The Red Wedding" from "Game of Thrones." Co-creator Ryan Condal described the scene as a dark moment that showcases George R.R. Martin's ability to delve into the depths of characters. The series, based on the novel "Fire & Blood," follows the rise and fall of House Targaryen, leading up to the civil war known as "The Dance of Dragons." The ensemble cast includes various new additions for the upcoming season, and the show is set to return on June 16, 2024, after a two-year hiatus on HBO and HBO Max.
Source: YAHOO
Reported 5 months ago
Joe Budden and his ex-girlfriend Tahiry Jose engaged in a heated exchange over abuse claims following Budden's comments on Diddy's viral hotel assault video. Tahiry recalled alleged instances of abuse by Budden, including being thrown down a flight of stairs, while he called her a "failed gold digger." The exchange on Instagram escalated with both parties making accusations against each other, with Budden denying the allegations. Tahiry ended the conversation stating she's not scared of him anymore and that his time is coming, while Budden dismissed her as a "low vibrational" and "low level Dyckman con woman."
Source: YAHOO
Reported 5 months ago
The WNBA has officially announced Toronto as its first international franchise, set to start playing in 2026. The team will be owned by Kilmer Sports Ventures, led by Larry Tanenbaum, who saw an opportunity to bring women's professional sports to Toronto. With the league's popularity growing, the addition of Toronto as the 14th team is part of the WNBA's expansion plans to potentially reach 16 teams by 2028, following the recent success of college stars transitioning to the professional league.
Source: YAHOO
Reported 5 months ago
The Cleveland Cavaliers have fired head coach J.B. Bickerstaff after five seasons, following a season in which the team finished fourth in the Eastern Conference and made it to the second round of the NBA playoffs. Bickerstaff faced challenges integrating star players like Donovan Mitchell and addressing lineup inconsistencies. The firing comes amid concerns over Mitchell's contract extension and potential player trades to create a more cohesive team under new coaching leadership.
Source: YAHOO
Reported 5 months ago
A Pennsylvania father is seeking answers after his 5-year-old son, who is in kindergarten, had his teeth knocked out and suffered a facial laceration in an alleged assault by a fourth-grade special needs student at Keystone Elementary School. The incident, captured on surveillance video, has left the family distressed as they await to view the footage. The school district and authorities are investigating the incident, while the family's lawyer hopes for systemic changes to prevent such incidents in the future. The father has shared his concerns on TikTok, stating his son is now scared to return to school, and while not pursuing legal action against the special needs child or their parents, he is holding the teacher's aide accountable for the incident.
Source: YAHOO
Reported 5 months ago
The article discusses how the Philadelphia 76ers are planning to pursue adding another All-Star player to Joel Embiid and Tyrese Maxey this offseason, following a strategy that has proven successful for other NBA teams. The focus is on acquiring an elite, two-way wing to complement Embiid and Maxey, with potential targets including Paul George, OG Anunoby, and DeMar DeRozan. If unable to land a big-name player in free agency, the Sixers may explore trade options or sign veteran wings on short contracts. The team aims to follow a roster-building approach that emphasizes having at least three top players to enhance their chances of contending for a championship.
Source: YAHOO
Reported 5 months ago
The U.S. Department of Justice has filed a significant antitrust lawsuit against Ticketmaster and Live Nation Entertainment, alleging that the companies are running an illegal monopoly on live events in America. The lawsuit, backed by 30 state and district attorneys general, aims to dismantle the monopoly that is claimed to drive up prices for fans and stifle competition in the entertainment industry. The lawsuit accuses Live Nation of anti-competitive practices that harm smaller promoters, artists, and ticket buyers, and seeks to break up the control exerted by the companies over various aspects of the industry.
Source: YAHOO
Reported 5 months ago
In April, new home sales in the US fell by 4.7% to a seasonally adjusted annual rate of 634,000 units, lower than expected, with declines seen in various regions. The median new house price increased by 3.9% to $433,500 from a year ago, and the supply of houses on the market increased to 480,000 units, indicating a 9.1-month inventory to clear. These trends suggest a housing market losing momentum due to higher prices and mortgage rates, as evidenced by decreased sales and builder incentives.
Source: YAHOO
Reported 5 months ago
The article discusses 10 important points that Nvidia stock investors should know after the company's recent earnings report. It also mentions that while Nvidia was not among the Motley Fool Stock Advisor's top 10 stock picks, the service has historically outperformed the S&P 500 and provides valuable insights for investors. Jose Najarro, who has positions in Nvidia, is affiliated with The Motley Fool.
Source: YAHOO
Reported 5 months ago
The article discusses how long $250,000 can last in retirement, highlighting factors such as expenses, rate of return on investments, and withdrawal strategies. It emphasizes the importance of planning based on individual circumstances like lifestyle, health status, and location. Additionally, it suggests strategies like the 4% rule and diversifying investments to maximize retirement savings and ensure financial security during retirement.
Source: YAHOO
Reported 5 months ago
Vanessa Hudgens, expecting her first child with husband Cole Tucker, expressed excitement about sharing her work with her future children in an interview with E! News. She mentioned choosing projects throughout her career with the intention of having something for her kids to watch at every age. Vanessa also discussed her involvement in projects like her winning appearance on The Masked Singer and her work in the upcoming film "Bad Boys: Ride or Die," where she was pregnant while filming stunts, affectionately referring to her future child as an "action baby."
Source: YAHOO
Reported 5 months ago
The article reports that new-home sales in the US declined by 4.7% in April due to high prices and mortgage rates, with the median sales price rising to $433,500. Despite an increase in available homes to 480,000, sales have largely stabilized over the past year, reflecting strong underlying demand constrained by affordability challenges. Homebuilders are offering pricing incentives, and the iShares US Home Construction ETF has seen a 41% gain. Sales declined in three of four regions but rose in the Midwest, signaling a mixed market.
Source: YAHOO
Reported 5 months ago
The US Department of Justice (DOJ) is reportedly preparing to file an antitrust lawsuit against Live Nation Entertainment, the owner of Ticketmaster, following a two-year investigation into the company's alleged anti-competitive practices in the live entertainment industry. The lawsuit is expected to accuse Live Nation of monopolizing the industry and limiting consumer choice, with shares dropping more than 5% on the news. The DOJ is set to make an announcement at a press conference later, addressing the specific claims.
Source: YAHOO
Reported 5 months ago
緬甸的軍政府似乎正在考慮重新啟動一個龐大的中國支持的水壩項目，該項目在十多年前由於對環境可能影響的抗議而被擱置。這個水壩位於北部克欽邦，沿伊洛瓦底江，原本應該將約90%的發電量輸出給中國。中國認為該水壩是國家戰略的重要組成部分，以減少對化石燃料的依賴並達到減少污染的目標。該計畫將面臨緬甸內部的反對，包括由親民主游擊隊和少數民族武裝組織聯盟對抗推翻昂山素季政府的軍政府。
Source: YAHOO