Reported 5 months ago
JPMorgan Chase & Co. is seeking to acquire a private credit firm in order to enhance its $3.6 trillion asset management arm, showing interest in the expanding $1.7 trillion private credit industry. The company held discussions with Chicago-based Monroe Capital but decided not to proceed with a deal, aiming to grow its private credit offerings and asset management capabilities organically or through acquisitions, potentially increasing competition with traditional lending desks.
Source: YAHOO
Reported 5 months ago
48歲的體操選手Oksana Chusovitina將因受傷缺席她自1988年漢城奧運以來第一次的奧運，受傷是在訓練中發生的，這使得她將無法參加亞洲錦標賽，這是她晉級巴黎奧運的最後機會。即使她能參加在烏茲別克斯坦首都塔什干舉行的賽事，她在全能比賽中名列第18，仍然對獲得第九次奧運資格感到飄渺。
Source: YAHOO
Reported 5 months ago
G-7各國正逐漸支持美國的計劃，以擠取被凍結的俄羅斯資產價值，這將為烏克蘭提供高達500億美元的重要融資並協助其抵禦兩岸政治變化。G-7在討論中尋求美國提議，利用約2800億美元的俄羅斯中央銀行資產未來所產生的收益來支持對烏克蘭的巨額貸款，旨在提供2025年以及未來的可持續財務支持。許多關鍵細節仍在協商中，包括貸款機制、提前籌集的金額以及领域參與各方如何分享風險。
Source: YAHOO
Reported 5 months ago
Spencer and Kallie Wright's 3-year-old son Levi is in critical condition after driving a toy tractor into a Utah river. Levi was airlifted to a hospital in Salt Lake City, where updates shared by family friend Mindy Sue Clark expressed the severity of his condition. Despite receiving small miracles along the way, Levi's prognosis remains uncertain, and the family continues to ask for prayers and support during this difficult time.
Source: YAHOO
Reported 5 months ago
歐洲汽車巨頭將需要改組業務和產品線來與崛起的中國汽車製造商競爭，更嚴格的關稅將無法保護現狀。歐洲汽車製造商必須與長期競爭對手合作，增加對供應商的價格壓力，並加劇與歐洲工會就工廠和工作未來的討論。除中國以外，歐洲汽車製造商還需應對美國對清潔汽車提供的補貼。中國電動車品牌在歐洲不斷增長的EV市場中佔份額逐年上升，德國汽車工業在兩三年內將面臨艱難生存。
Source: YAHOO
Reported 5 months ago
Source: BARRONS
Reported 5 months ago
Stocks edged lower due to inflation risks despite Nvidia's impressive first quarter earnings, where Nvidia's stock soared more than 10%. The Dow Jones fell 1.53%, S&P 500 dropped 0.74%, and Nasdaq slipped 0.39% from record highs earlier. Nvidia's record sales and revenue were overshadowed by concerns about inflation progress following the Fed's May policy meeting. Meanwhile, Freddie Mac reported a decrease in mortgage rates, S&P Global highlighted strong U.S. economic activity, and Live Nation faced antitrust scrutiny. Additionally, DuPont announced a split into three companies, and jobless claims fell while Nvidia's positive performance lifted the market towards new highs.
Source: YAHOO
Reported 5 months ago
Vanessa Hudgens, the winner of season 11 of 'The Masked Singer' where she competed as Goldfish, shared that the experience gave her a newfound sense of freedom and empowerment. Being able to perform on stage without being recognized allowed her to feel completely free and stripped of preconceived ideas. Hudgens, who is expecting her first child, explained that participating in the show came at a perfect time during a career transition, and she felt empowered by being able to showcase her true self through singing.
Source: YAHOO
Reported 5 months ago
After being fired as the Chargers head coach, Brandon Staley found a new role as the assistant head coach/defense with the 49ers, where he will also serve as a sounding board for the defensive coordinator. Staley sees this opportunity as a reset and is energized by the common ground he shares with Kyle Shanahan and John Lynch in leading a football team and aiming for championship contention. This change allows Staley to align with the right people and improve, providing a fresh start in his coaching career after a disappointing stint with the Chargers.
Source: YAHOO
Reported 5 months ago
Xiaomi Corp. has raised its target to deliver 120,000 SU7 electric-vehicles this year, showing confidence in the car's potential to compete with Tesla Inc. and drive the company's broader ambitions. Xiaomi's aim to expand in the crowded electric car market comes after reporting strong quarterly revenue growth, with revenue rising 27% to 75.51 billion yuan in the March quarter. The company's increased target indicates optimism in its ability to make progress in the EV sector, with plans to ship 10,000 SU7s in June and a loftier goal of 120,000 units annually. Xiaomi also aims to launch a sport utility vehicle similar to Tesla's Model Y by 2025.
Source: YAHOO
Reported 5 months ago
Source: YAHOO
Reported 5 months ago
Source: YAHOO
Reported 5 months ago
Global business activity has shown improvement this month, with the United States, Asia, and Europe experiencing increased economic growth, potentially leading central banks to delay interest rate cuts. Surveys indicate a positive outlook for the global economy for the remainder of 2024 and into 2025, contradicting previous expectations of a slowdown. In the U.S., business activity reached its highest level in over two years in May, while in Europe, activity expanded at its fastest pace in a year. Concerns about inflation persist, particularly in the manufacturing sector, which could impact the Federal Reserve's decision on rate cuts. Europe may see policy easing from the European Central Bank, while Japan and India have shown signs of economic growth.
Source: YAHOO
Reported 5 months ago
Source: WSJ
Reported 5 months ago
The article discusses the SPDR S&P Global Dividend ETF (WDIV), which was launched in 2013 and offers exposure to the World ETFs category. WDIV aims to match the performance of the S&P Global Dividend Aristocrats Index, which includes high dividend-yield companies with a history of stable or increasing dividends. With an expense ratio of 0.40%, WDIV has a 12-month trailing dividend yield of 4.63% and has shown positive performance over the past year. The ETF is considered a low-risk choice in the space and holds about 124 diverse holdings. Investors seeking alternatives in the World ETFs segment may also consider iShares MSCI ACWI ETF (ACWI) and Vanguard Total World Stock ETF (VT).
Source: YAHOO
Reported 5 months ago
The article discusses three stocks, Nvidia, Netflix, and Regeneron Pharmaceuticals, that have turned a $25,000 investment into over $1 million over the past 15 years. Nvidia saw remarkable growth, with a $25,000 investment resulting in $8.2 million today due to its success in the AI field. Netflix, evolving from a DVD rental company to a streaming giant, would have yielded $2.6 million. Regeneron Pharmaceuticals, initially dependent on collaboration revenue, has grown substantially, with a $25,000 investment now worth nearly $1.4 million. Despite their past successes, these stocks are still seen as potential good buys for future growth.
Source: YAHOO
Reported 5 months ago
Kia Corp has launched its first compact electric sports utility vehicle, the EV3, on a dedicated EV platform, aiming to attract buyers with competitive pricing despite a slowdown in the global EV market. The EV3 is part of Hyundai Motor Group's plan to introduce over 31 electric models by 2030, with Kia targeting sales of around 1.6 million EV units by 2030. Priced in the $35,000 to $50,000 range, the EV3 will be available in South Korea from July, with a European launch expected later in the year and a U.S. launch after 2025. The vehicle will offer two battery pack options and a long-range model with a driving range of about 600 kilometers on a single charge.
Source: YAHOO
Reported 5 months ago
Google's potential acquisition of HubSpot, a U.S. marketing software maker valued at $31 billion, could enhance its competition with Microsoft by expanding its cloud-based applications for businesses. This move would position Google to challenge Microsoft in the customer relationship management sector, currently dominated by Microsoft's Dynamics 365 products, and strengthen Google's offerings against Microsoft's Office platform. Despite potential antitrust challenges, analysts see the strategic benefits of this acquisition for Google in bolstering its position in the market.
Source: YAHOO
Reported 5 months ago
The article discusses how Wall Street is preparing for faster trade settlement as the U.S. moves to a shorter settlement cycle initiated by a rule change from the U.S. Securities and Exchange Commission. The shift to a one-day settlement period instead of two is aimed at reducing risk and enhancing market efficiency. However, there are concerns about potential transaction failures and increased costs initially as market participants adjust to the new standard. Regulators globally are also considering similar changes to improve market infrastructure and reduce systemic risk.
Source: YAHOO
Reported 5 months ago
Scarlett Johansson's dispute with OpenAI over the use of her voice likeness in their ChatGPT model, which she claims is similar to her performance in the movie "Her," has reignited concerns about artificial intelligence in Hollywood. Industry executives fear the existential threat posed by AI, especially as OpenAI showcases its text-to-video tool, Sora, capable of producing film-quality videos. Despite discussions for collaborations, Johansson's accusation has strained relations, with concerns about copyright infringement and the protection of performers' rights being raised. Hollywood is now engaged in a dialogue about the implications of such AI technologies and the need for federal solutions to safeguard voice and likeness rights.
Source: YAHOO
Reported 5 months ago
Argentina aims to tap into its untapped copper reserves in the Andean north to become a top 10 global producer, attracting investors like Glencore and Lundin Mining. However, unlocking this potential is hindered by strict capital controls, high inflation, and high tax rates. President Javier Milei needs to address these economic issues first to allow projects like Lundin's Josemaria and Glencore's El Pachon to move forward. Milei's proposed reform bill aims to boost investment and provide tax benefits, but more collaborative efforts are needed between local governments and mining companies to attract the necessary investments for advancing these projects.
Source: YAHOO
Reported 5 months ago
The article from Motley Fool compares Intel (NASDAQ: INTC) and Applied Materials (NASDAQ: AMAT) to determine the better semiconductor stock to buy, suggesting investors consider factors like stock performance and expert recommendations before investing. The Stock Advisor analyst team did not include Intel in their list of top 10 stocks, emphasizing the potential for significant returns in other picks. The article concludes by highlighting the author's lack of position in the mentioned stocks and the disclosure of affiliations with The Motley Fool for potential compensation.
Source: YAHOO
Reported 5 months ago
Google is changing its search platform by incorporating AI-generated answers that could potentially reduce the reliance on traditional click-based, ad-supported models. This shift may lead to a decrease in consumer clicks on sponsored links, impacting the effectiveness of ads and measurement of ad performance. Despite these changes, Google aims to continue sending valuable traffic to content creators and merchants while experimenting with new advertising formats and services. The evolution in search capabilities may necessitate businesses and marketers to adapt to alternative forms of measurement and revenue generation.
Source: YAHOO
Reported 5 months ago
As summer approaches and travel plans are made, ensuring a healthy vacation involves packing essential items like prescription medications in original bottles, over-the-counter medications, first aid items, sleep hygiene products, bug spray, healthy snacks, water bottle with electrolyte solutions, sunscreen, and more. Experts recommend being up to date on routine immunizations, including Tdap, MMR, and polio, as well as specific vaccines like hepatitis A for certain regions. Checking for travel health notices on the CDC’s website and taking precautions in hotel rooms, Airbnbs, and public transportation can help avoid getting sick while traveling.
Source: YAHOO