Reported 5 months ago
U.S. retailers like Target and Walmart are experiencing a surge in online sales as consumers seek convenient delivery options for home goods and groceries, driven by factors such as high gas prices and attractive deals post-pandemic. E-commerce sales accounted for 15.9% of total U.S. retail sales in the first quarter, the highest since the peak of the pandemic in 2020. Target and Walmart reported significant growth in online sales, with Target attributing its success to expanded product availability and same-day delivery, while Walmart highlighted the appeal of its third-party marketplace and subscription services like Walmart+ offering unlimited free deliveries. Additionally, Lowe's saw growth in online sales through partnerships with delivery services. These trends reflect a shift in consumer behavior towards online shopping, influenced by factors like rising gas prices and convenience.
Source: YAHOO
Reported 5 months ago
"War and Peace, Part I: Andrei Bolkonsky" is a 1966 war drama film based on Leo Tolstoy's novel, following the intertwined stories of Pierre Bezukhov and Prince Andrei Bolkonsky in early 19th-century Russia during the Napoleonic Wars. Directed by Sergey Bondarchuk, the film is available for streaming on HBO Max, offering viewers access to its library through various subscription plans. The narrative explores themes of family, romance, and social status amidst the chaos of war, featuring a cast that includes Lyudmila Saveleva, Sergey Bondarchuk, and Vyacheslav Tikhonov.
Source: YAHOO
Reported 5 months ago
WisdomTree and 21Shares are set to list exchange-traded products (ETPs) backed by cryptocurrencies on the London Stock Exchange, following approval from Britain's financial regulator. These listings, the first in the UK, come after the Financial Conduct Authority authorized the launch of cryptoasset-backed exchange-traded notes for professional investors. The move reflects the increasing interest in cryptocurrency investments through ETPs, with WisdomTree's products for bitcoin and ether expected to be listed on May 28. The FCA has warned about the high risks associated with cryptocurrencies and prohibits selling them to retail investors.
Source: YAHOO
Reported 5 months ago
Stocks like (^DJI, ^IXIC, ^GSPC) are anticipating Nvidia's earnings release after the market close, which could impact May market rallies. Target (TGT) narrowly missed first-quarter estimates due to consumer pullbacks in discretionary spending, while the Federal Reserve's FOMC meeting minutes later today will provide insights on interest rate decisions. Watch the Morning Brief for more market updates.
Source: YAHOO
Reported 5 months ago
Tesla's stock has plummeted nearly 25% this year, losing over $195 billion in market value, as the company faces challenges beyond its struggles in China. New data indicates that Tesla's sales in Europe have declined, contrasting with a 14% rise in overall EV registrations, suggesting company-specific issues are hindering sales. The company has also faced setbacks in China, with sales falling by 18% in April, prompting layoffs and production disruptions. Despite the challenges, Tesla's supporter, Morgan Stanley's Adam Jonas, remains bullish on the stock, emphasizing Elon Musk's reliance on Tesla for his AI-related ambitions. However, not all shareholders agree with Musk's $55.8 billion pay package, with concerns raised about its excessiveness. Tesla's shares were down 2.8% in early Wednesday trading, remaining 27% lower for the year.
Source: YAHOO
Reported 5 months ago
Abu Dhabi's Adnoc, the United Arab Emirates' largest oil company, is offering a 5.5% stake in its drilling unit to investors, aiming to raise about $900 million through the sale. The stock closed at 4.13 dirhams, valuing the offering at around $898 million, with strong investor interest leading to oversubscription within an hour of the deal's launch. Adnoc is capitalizing on a surge in its share price since its listing in 2021, with plans to widen its shareholding and raise liquidity through this rare secondary share sale in the Gulf region.
Source: YAHOO
Reported 5 months ago
The article discusses CRISPR Therapeutics' potential as a wealth generator for investors, particularly due to its gene therapy for hereditary blood diseases and promising pipeline programs. While the company is expected to experience growth and potentially become profitable in the future, the article notes that due to its current market size, it may not offer millionaire-making returns for a $10,000 investment, requiring a larger investment and more time. Despite this, CRISPR Therapeutics could still be a valuable addition to a long-term investor's portfolio.
Source: YAHOO
Reported 5 months ago
Weightlifting will take place at the Paris 2024 Olympics from August 7 to 11 at the South Paris Arena 6, part of the Paris Expo centre, with 10 medals available across five men's and women's weight classes. The Soviet Union holds the most Olympic weightlifting medals, followed by China and the United States, while Team GB has won eight medals, with Emily Campbell being the first British woman to win an Olympic weightlifting medal with a silver in the +87kg category at the Tokyo Games.
Source: YAHOO
Reported 5 months ago
According to a Reuters poll, the S&P 500 is predicted to end 2024 around its current level of 5,321.41, with a median forecast of 5,302 by year-end. Despite strong gains in the stock market so far in 2024, some strategists warn of a potential correction in the coming months due to high valuation levels, even though analysts expect a 10.4% increase in overall S&P 500 earnings for the year. The Dow Jones is expected to finish the year at 40,765, after hitting record levels recently. Investors are closely watching for developments in artificial intelligence developments, particularly with Nvidia's upcoming earnings report.
Source: YAHOO
Reported 5 months ago
Flight attendants, frequent flyers, and over 45,000 shoppers are raving about Amazon's No. 1 bestselling Bagsmart Toiletry Bag, which is currently on sale for $18. This compact and efficient travel essential features four zip compartments, elastic straps to secure bottles, clear compartment panels for easy viewing, and a 360-degree swivel hanger for hanging. Flight crew members praise its quality, functionality, and spacious design, making it a convenient and highly recommended toiletry bag for travel.
Source: YAHOO
Reported 5 months ago
Savannah Chrisley, from "Chrisley Knows Best," shared on her Unlocked podcast that she has attended an intensive therapy program at Onsite twice to help her deal with trauma that has affected her for nearly 20 years. She discussed the impact of trauma on her body and behavior, emphasizing the importance of finding grace for oneself and others despite past experiences. Chrisley also mentioned her suicide attempt at a young age and the support she received from her parents during that challenging time.
Source: YAHOO
Reported 5 months ago
Better Than Bouillon has a shelf life of two years and should be refrigerated once opened. The product's high salt content acts as a natural preservative, making it unlikely to spoil visibly. Changes in color and texture are normal over time, but it's recommended to use the concentrate before the expiration date for optimal quality and safety. If a jar is left unrefrigerated, past the expiration date, or if there are concerns about the product, it's best to discard it.
Source: YAHOO
Reported 5 months ago
The article presents a summer guide featuring new book releases across various genres. Fiction picks include titles like "One of Us Knows" by Alyssa Cole, "The Guncle Abroad" by Steven Rowley, and "The Curious Secrets of Yesterday" by Namrata Patel. Nonfiction selections include "First Love" by Lilly Dancyger and "When Women Ran Fifth Avenue" by Julie Satow, offering readers a diverse range of options to enjoy during the warmer months.
Source: YAHOO
Reported 5 months ago
In "To a Land Unknown," Palestinian-Danish documentarian Mahdi Fleifel makes a successful transition into fiction by drawing inspiration from "Midnight Cowboy" to tell the story of Palestinian cousins in limbo in Athens, Greece. The film, rich with masterful storytelling, explores themes of displacement, criminality, and the quest for a promised land, with nuanced performances and a taut script driving the narrative forward. As the characters navigate their circumstances and make difficult choices, the film delves into the complexities of humanity and exile, capturing the poignant struggles of individuals in search of belonging and hope.
Source: YAHOO
Reported 5 months ago
The article explains a simple trick for cooking perfect shrimp every time, which involves paying attention to the shape the shrimp take while cooking. When shrimp are perfectly cooked, they should curl into a "C" shape, indicating they are done. If they continue to cook and curl into an "O" shape, they are overcooked. This method applies to all types of shrimp, whether fresh or previously frozen, and helps avoid overcooking by being mindful of the shrimp's shape. Additionally, the article provides tips on cooking shrimp quickly and ensuring they are not overdone.
Source: YAHOO
Reported 5 months ago
The article discusses the benefits of investing in dividend kings, companies with a long history of consistently increasing dividend payments, such as Coca-Cola and Dover Corporation. It highlights these stocks' dividend yields and ex-dividend dates for 2024, emphasizing their reliability for passive income. Additionally, it suggests exploring high-yield alternative investments like the Ascent Income Fund and Basecamp Alpine Notes from EquityMultiple to further diversify and enhance portfolio income.
Source: YAHOO
Reported 5 months ago
Hockey will be featured at the Paris 2024 Olympics, with the men's and women's competitions scheduled to take place from July 27 to August 9 at the Yves-du-Manoir Stadium in Colombes. Teams of 12 will compete, with matches consisting of four 15-minute periods. India leads in men's hockey medals, while the Netherlands has been the most successful in the women's category. Great Britain's women won gold in Rio 2016, while the men last earned a gold in 1988 and came close with a fourth-place finish in 2012.
Source: YAHOO
Reported 5 months ago
Jaylen Brown emerged as the hero in Game 1 of the Eastern Conference Finals, hitting a crucial game-tying 3-pointer in the final seconds of regulation to lead the Boston Celtics to a 133-128 overtime victory over the Indiana Pacers and a 1-0 series lead. Brown's clutch shot was part of a historic performance by the Celtics trio, with Brown, Jayson Tatum, and Jrue Holiday becoming the first trio in NBA playoff history to each log over 25 points and three steals in a game. The Celtics will now aim to extend their series lead in Game 2 at TD Garden.
Source: YAHOO
Reported 5 months ago
Billionaire investor Stan Druckenmiller, known for his successful investment in Nvidia, has recently sold some of his Nvidia shares and call options due to the stock's high valuation. Instead, he has shifted his focus to investing in the iShares Russell 2000 ETF, a small-cap index fund that tracks the performance of smaller companies. Druckenmiller's move reflects a belief in the potential of small-cap stocks, which have historically outperformed over the long term, especially given the current low valuation levels compared to larger companies.
Source: YAHOO
Reported 5 months ago
The Bank of Italy has issued a warning against the circulation of fraudulent video messages online, specifically mentioning the use of artificial intelligence (AI) technology to create deepfake content impersonating financial authorities and other institutions. The central bank advised users to avoid sharing such fake messages and to refrain from complying with any requests made in them to prevent fraud.
Source: YAHOO
Reported 5 months ago
Former Republican presidential candidate Vivek Ramaswamy has acquired a 7.7% stake in Buzzfeed, leading to a more than 50% surge in the company's shares before the market opening. Ramaswamy believes Buzzfeed's stock is undervalued and aims to engage with the company's board and management. Buzzfeed has faced challenges with declining revenue, job cuts, and the closure of its Pulitzer Prize-winning digital media outlet. Ramaswamy, a biotech entrepreneur, suspended his presidential bid earlier this year and endorsed former President Donald Trump, having amassed wealth through hedge funds and pharmaceutical research.
Source: YAHOO
Reported 5 months ago
Jaylen Brown credited Jrue Holiday as the key reason for the Boston Celtics' Game 1 victory over the Indiana Pacers in the Eastern Conference Finals, despite Brown hitting the game-tying shot in overtime. Holiday, who had a season-high 28 points, was praised for his exceptional play on both ends of the court, particularly his defense on Pacers' Tyrese Haliburton. Holiday's performance in Game 1 was highlighted as crucial for the Celtics' success, with expectations for him to continue his impact in the upcoming Game 2 matchup.
Source: YAHOO
Reported 5 months ago
Israel has decided to abandon its plans for a full-scale invasion of Rafah in Gaza and instead opt for targeted incursions to eliminate Hamas from the area, following discussions with the United States. The US had warned Israel against a major invasion in Rafah, expressing concerns about civilian casualties, and Israel has adjusted its plans accordingly. Despite Israeli tanks moving towards Rafah, operations have been limited, and US intelligence indicates that Israel has not achieved "total victory" in Gaza as initially anticipated by Prime Minister Netanyahu. The humanitarian crisis in Gaza is worsening, with reports of Palestinians fleeing the area and overcrowded, unsanitary conditions in refugee facilities.
Source: YAHOO
Reported 5 months ago
A Nigerian court has postponed the tax evasion trial of Binance and its executives, including Tigran Gambaryan, to June 14 after the trial stalled due to Gambaryan's absence in court. The case involves charges of tax evasion and money laundering, with Gambaryan accused of failing to register with Nigeria's Federal Inland Revenue Service. Binance CEO Richard Teng criticized Nigeria for detaining its executives as part of a crypto crackdown. The trial also includes Nadeem Anjarwalla, Binance's regional manager, who is still listed on the case despite escaping custody in March. The court adjourned the possible arraignment of Binance and Gambaryan to the upcoming date.
Source: YAHOO
Reported 5 months ago
The article discusses the ending of Season 7 of "The Good Doctor," where Dr. Glassman reveals his cancer has returned, Shaun tries to find a solution, and Claire faces a health crisis. The epilogue jumps 10 years ahead, showing Shaun as Chief of Surgery with a family, Claire in a relationship with Jared, and Glassman passing away. Other characters like Lim, Morgan, and Alex also have their fates revealed. Overall, the finale ties up loose ends and provides closure for the characters.
Source: YAHOO