Reported 5 months ago
The article discusses five high-growth stocks that the author, Travis Hoium from The Motley Fool, is bullish on for the long term, highlighting their potential for significant returns. The stocks mentioned are viewed favorably by Hoium due to their promising growth trajectories. The article also mentions the importance of owning great growth stocks to outperform the market. Additionally, it provides insights on investing in On Holding and references the Stock Advisor service's track record of success in identifying top-performing stocks. The article discloses the author's positions in various companies and the disclosure policy of The Motley Fool.
Source: YAHOO
Reported 5 months ago
Amazon Web Services (AWS) plans to invest $17.02 billion in data centers in Spain's Aragon region over the next 10 years, significantly expanding its presence in the country. This investment, which replaces a previous plan announced in 2021, will support the creation of an estimated average of 17,500 jobs in local companies per year through 2033. AWS aims to power these data centers with renewable energy, positioning Spain at the forefront of technology innovation and Artificial Intelligence in Europe.
Source: YAHOO
Reported 5 months ago
The badminton events at the Paris 2024 Olympics will take place from July 27 to August 5 at the La Chapelle Arena, featuring five medal events including men's and women's singles, mixed doubles, and men's and women's team competitions. Matches are played to the best of three sets of 21 points, with specific rules regarding scoring and boundaries. China leads the all-time Olympic badminton medal table with 47 medals, while Great Britain has won three medals in total.
Source: YAHOO
Reported 5 months ago
The article discusses the upcoming stock split of Lam Research (NASDAQ: LRCX) scheduled for October 2, 2024, and whether investors should consider buying shares before the split. The Motley Fool Stock Advisor team did not include Lam Research in their list of the 10 best stocks for investors to buy now, but the article highlights the potential returns of other stocks recommended by the team in the past. The author, Neil Rozenbaum, is affiliated with The Motley Fool and may earn compensation for promoting its services.
Source: YAHOO
Reported 5 months ago
Actress Blake Lively joked about being a "baseball player on the side" after a TV mixup where Cleveland Guardians' pitcher Ben Lively was mistakenly called her name by a sports commentator during a game against the New York Mets. Ben Lively also found humor in the situation and shared Blake's comments on his Instagram Stories. Away from the baseball mishap, Blake is set to appear in the upcoming film "It Ends with Us" and expressed excitement about her role in the movie.
Source: YAHOO
Reported 5 months ago
"Gazer" is a tense thriller about Frankie, a struggling single mother with a deteriorating mental condition called dyschronometria, making her unable to accurately perceive time. Co-written by Ariella Mastroianni and directed by Ryan J. Sloan, the film combines elements of paranoia, heist, and body horror, offering a fresh take on independent cinema. As Frankie navigates a dangerous situation involving a robbery and a murder she is wrongfully accused of, the film delves into themes of motherhood, mental health, and desperation. The lead performance by Mastroianni is highlighted for its paranoid intensity, grounding the film's unique narrative. Premiering at the 2024 Cannes Film Festival, "Gazer" presents a promising debut for Sloan and Mastroianni, hinting at a potential filmmaking renaissance.
Source: YAHOO
Reported 5 months ago
Austria's reliance on Russian natural gas is at risk due to a potential court case that could disrupt payments from OMV AG to Gazprom PJSC, potentially leading to a halt in gas supply. OMV issued a warning about a "foreign court decision" that could impact its payments to Gazprom, with the possibility of Austrian courts enforcing the decision and disrupting gas supplies. This situation comes as Austria is reviewing its contract with Gazprom and seeking to pivot away from Russian supplies. The outcome could result in short-term price increases, but the country is expected to have adequate supply until 2026 due to alternative sources and high storage levels.
Source: YAHOO
Reported 5 months ago
Oaktree Capital Management has taken ownership of Inter Milan, a prominent European football club, after its Chinese owner defaulted on a loan. The US fund seized control of the club after Suning Holding Group failed to repay €395 million, with plans to focus on operational and financial stability. Inter's new owners are expected to make changes to the club's board, potentially bringing in more Italian and European members. This move follows a trend of creditors taking over football clubs, as seen previously with AC Milan.
Source: YAHOO
Reported 5 months ago
The article discusses three no-brainer stocks that can be purchased with $100 right now. The first stock highlighted is Starbucks (SBUX), which despite recent challenges, is expected to bounce back due to its loyal customer base, pricing power, and Rewards Membership program. The second stock is PubMatic (PUBM), a cloud-based programmatic adtech company with potential for growth in the digital advertising space. The third stock is Sirius XM Holdings (SIRI), a satellite-radio operator known for its pricing power, predictable revenue from subscriptions, and attractive valuation with a 3.5% yield. Overall, the article emphasizes the long-term potential for these stocks despite short-term fluctuations in the market.
Source: YAHOO
Reported 5 months ago
Japanese Prime Minister Fumio Kishida publicly pledged further capital market reforms and promotion of asset management in a speech to global investors in Tokyo, aiming to attract foreign investment and position Japan as a hub for the asset management industry. The government plans to establish special business zones for asset management firms to facilitate their setup in Japan and conduct business in English, with an announcement on this expected in June. Japan's largest banks are also boosting their asset management businesses in response to the government's reforms.
Source: YAHOO
Reported 5 months ago
Taiwan's new science and technology minister, Wu Cheng-wen, expressed confidence in Taiwan Semiconductor Manufacturing Co.'s ability to safeguard its advanced chip technology as it expands overseas. Despite concerns about Taiwanese technology moving abroad, Wu believes TSMC can maintain the secrecy of its advanced technology while setting up factories in the US, Japan, and Europe. The minister aims to ensure that TSMC retains key research and development functions in Taiwan while complying with regulations and expanding internationally amid global efforts to secure semiconductor supplies. Additionally, Taiwan's National Science and Technology Council, led by Wu, is engaging in tech diplomacy to enhance collaborations with friendly nations like the US, Germany, France, and Canada, focusing on areas such as AI, quantum computing, and chip development.
Source: YAHOO
Reported 5 months ago
In the fraud case against Archegos Capital Management's founder Bill Hwang and CFO Patrick Halligan, a witness testified that Morgan Stanley reacted "angrily" when Archegos fell, while Credit Suisse took a softer approach. The witness, Scott Becker, detailed how Archegos tried to raise cash but ultimately failed, resulting in the firm being wiped out by margin calls. Becker also revealed that Archegos provided false information to banks to delay margin calls before its collapse, with Morgan Stanley being informed they had "zero" excess cash. Becker's cooperation with the government as a witness is seen as crucial in the trial.
Source: YAHOO
Reported 5 months ago
Tesla's sales in Europe hit a 15-month low in April, with only 13,951 vehicles registered, marking a 2.3% decrease from the previous year and the lowest tally since January 2023. This decline contrasted with a 14% rise in battery-electric vehicle sales industrywide. Tesla also experienced a downturn in shipments from its Shanghai factory during the month, despite the broader growth seen in China's plug-in car industry. CEO Elon Musk had previously expressed expectations for a better showing in the second quarter following production issues in Q1, but Tesla's shares fell by 1.8% before regular trading. The company's underperformance in the European market comes as other manufacturers like Volkswagen and Mercedes-Benz adjust their product plans in response to changes in EV subsidies in countries like Germany and Sweden.
Source: YAHOO
Reported 5 months ago
The article discusses the implications of the world's aging population on investing strategies. Fund managers are considering shifting investments away from US Treasury bonds due to inflation concerns and increased government spending on health and deficits. Strategies involve adding gold, focusing on commodities and equities, and preparing for higher interest rates. The impact of aging populations on financial markets is prompting a reevaluation of asset allocations and investment approaches, with a focus on inflationary concerns and the need for diversified portfolios.
Source: YAHOO
Reported 5 months ago
KKR & Co. and TPG Inc. are considering options for Southeast Asian online real estate platform PropertyGuru Group Ltd., including a potential buyout, according to sources. The private equity firms are working with a financial adviser to gauge interest from other global investors in PropertyGuru, with the possibility of acquiring the remaining shares they don't already own. PropertyGuru's shares have seen a 38% increase this year, closing at $4.60, giving the company a market value of $754 million.
Source: YAHOO
Reported 5 months ago
Chelsea players were left shocked by the sudden departure of Mauricio Pochettino, with players' WhatsApp groups going into meltdown as they tried to verify the news. Pochettino's unexpected exit led to emotional messages from players like Nicolas Jackson and Cole Palmer, who expressed gratitude and well wishes for the departing coach. Chelsea is now considering names like Sebastian Hoeness, Michel, Kieran McKenna, and Enzo Maresca as potential replacements, with Thomas Frank also being a candidate for the vacant head coach position.
Source: YAHOO
Reported 5 months ago
Nvidia's upcoming earnings report is seen as the final hurdle in big tech's strong earnings season, with investors anticipating the company to confirm the industry's robust performance and provide insights into future trends. Nvidia's shares have soared over 200% in the past year, adding $1.5 trillion in market value, and its results are expected to influence the overall market sentiment. Despite concerns about the AI boom, recent earnings from other tech giants like Alphabet and Amazon have shown strong demand for AI services, setting a positive tone for Nvidia's report. Investors are closely watching how Nvidia's results will impact the broader market and whether the company can maintain its impressive earnings streak.
Source: YAHOO
Reported 5 months ago
President Biden has announced the cancellation of an additional $7.7 billion in student debt for 160,000 borrowers, bringing the total number of beneficiaries to 4.75 million. This move is seen as an effort to regain support among young voters ahead of the upcoming presidential election, despite facing opposition from Republicans. Biden's administration has now approved a total of $167 billion in student debt relief, with a focus on assisting public service workers and others enrolled in the Saving on a Valuable Education (SAVE) Plan.
Source: YAHOO
Reported 5 months ago
The article provides an overview of Warren Buffett's 44 stock holdings within Berkshire Hathaway's $378 billion portfolio as of the first quarter of 2024. The portfolio includes core investments in companies like Apple, Bank of America, American Express, and Coca-Cola, as well as other significant holdings in financials and energy stocks. Additionally, smaller holdings in various industries highlight the influence of Buffett's investment team, Todd Combs and Ted Weschler. The article emphasizes the concentrated nature of Buffett's portfolio and provides insights into his investment strategies and preferences across different sectors.
Source: YAHOO
Reported 5 months ago
The article discusses a photograph taken by conflict photographer Tim Hetherington in 2008 in Afghanistan's Korengal Valley, showcasing a moment of brotherhood between two soldiers engaging in a playful fight. The photo captures the intimacy and relationships formed among soldiers during times of boredom in combat zones. Hetherington's work, now displayed at London’s Imperial War Museum, explores the dynamics of young men in conflict and the bonds they form, shedding light on the human side of warfare. His unique approach to photography, which involved spending extended periods with his subjects, aimed to give agency to those he photographed. The article reflects on Hetherington's tragic death in Libya in 2011 and his deep reflections on the impact of capturing conflict through photography.
Source: YAHOO
Reported 5 months ago
President Joe Biden's administration has expanded student loan relief to over 10% of Americans with federal student loans, approving more than 160,000 borrowers for debt forgiveness valued at $7.7 billion. This latest relief package benefits individuals in income-driven repayment plans and public servants with at least a decade of service. Overall, the Education Department's efforts to alleviate student debt have now reached around 4.75 million Americans, canceling an average of over $35,000 from borrowers' balances. Biden continues to push for student debt cancellation despite setbacks, with regulatory changes allowing more individuals to qualify for relief.
Source: YAHOO
Reported 5 months ago
A proposed high-speed railway linking Dallas and Houston in just 90 minutes using Japanese Shinkansen technology has gained support from President Joe Biden and Japanese Prime Minister Fumio Kishida, offering a faster and more environmentally friendly alternative to commuting between the two major Texas cities. The project aims to reduce travel time, alleviate stress, improve work-life balance, and decrease pollution, potentially revolutionizing rail travel in the southern U.S.
Source: YAHOO
Reported 5 months ago
The article discusses the potential of Palantir Technologies (NYSE: PLTR) to become a major technology stock by 2030. The company, known for its software, artificial intelligence, and analytics platform, has shown significant growth and profitability, with a focus on serving government and commercial customers. While Palantir has demonstrated strong revenue growth and profitability, it is noted that the company would need substantial growth to reach the level of larger tech giants like Alphabet and Microsoft. Despite the potential for long-term success, it is emphasized that Palantir may not become a major tech stock in the near future.
Source: YAHOO
Reported 5 months ago
Source: WSJ
Reported 5 months ago
The article discusses recent updates impacting Nvidia (NASDAQ: NVDA) and advises investors to consider various factors before investing in Nvidia stock. It mentions that Nvidia was not among the 10 best stocks identified by The Motley Fool Stock Advisor team, which could potentially yield substantial returns. The article highlights the success of the Stock Advisor service in outperforming the S&P 500 since 2002 and suggests considering their recommendations before making investment decisions. Jose Najarro, the author, discloses his positions in Nvidia, and The Motley Fool also has positions in and recommends Nvidia.
Source: YAHOO