Reported 6 months ago
Novak Djokovic has withdrawn from the French Open due to a right knee injury, ending his title defense and No. 1 ranking. Iga Swiatek and Coco Gauff are set to face off in the semifinals, a rematch of the 2023 final, with Swiatek showing strong form and Gauff prepared for the challenge. In other matches, Carlos Alcaraz defeated Stefanos Tsitsipas to set up a semifinal against Jannik Sinner, who is also aiming for his first French Open final.
Source: YAHOO
Reported 6 months ago
US stocks turned positive on Tuesday amid concerns over cracks in the US economy, with the S&P 500 and Nasdaq rising 0.1% while the Dow Jones Industrial Average went up about 0.4%. Investors are adjusting rate-cut expectations after weaker-than-expected economic data, with almost two-thirds now expecting at least one cut by the Fed's September meeting. Concerns over a cooling labor market were raised as new government data showed job openings fell in April to their lowest level since February 2021, ahead of the crucial May jobs report on Friday. GameStop's rally lost steam, falling about 5% after a 21% surge, while Paramount unveiled a cost-cutting strategy amidst a possible sale to Skydance Media, and Ford reported soaring US sales in May driven by hybrids and trucks.
Source: YAHOO
Reported 6 months ago
As the Bank of Canada considers cutting interest rates due to a lack of need for restrictive rates, Governor Tiff Macklem and policymakers are assessing whether to take the step this week or in July based on inflation control. While most analysts expect a rate cut Wednesday, some big Canadian lenders are divided. The decision could make Canada the first in the G7 to embark on an easing cycle. However, uncertainties remain regarding economic momentum and household debt as the Bank weighs the timing and pace of any rate adjustments.
Source: YAHOO
Reported 6 months ago
Tesla's CEO Elon Musk announced that Tesla is expected to spend between $3 billion and $4 billion on Nvidia hardware this year, as part of its $10 billion artificial intelligence-related capital expenditure. Musk mentioned that about two-thirds of the cost for building AI training superclusters is attributable to Nvidia hardware. This decision comes as Tesla prioritizes AI processors for its ventures X and xAI. The company's capital expenditure forecast remains at over $10 billion for 2024, with expected spending of $8-$10 billion in the following years.
Source: YAHOO
Reported 6 months ago
A photo circulating online claimed to show U.S. Rep. Marjorie Taylor Greene wearing a mask in an airport after criticizing COVID-19 protocols, sparking accusations of hypocrisy. However, the photo was actually taken in 2021 prior to a U.S. House hearing. The picture resurfaced years later and led to misleading assumptions about its timing. Greene's contentious statements towards Dr. Fauci during the hearing on COVID-19 ignited renewed interest in the photo, emphasizing the importance of fact-checking and context in online discussions.
Source: YAHOO
Reported 6 months ago
Evangeline Lilly, known for her roles in 'Ant-Man and the Wasp' and 'Lost,' announced on Instagram that she is taking an indefinite hiatus from acting to embrace a new chapter in her life. Despite stepping away from Hollywood, the 44-year-old actress hinted at a possible return in the future. Lilly's decision reflects her desire for a more fulfilling path and aligns with other celebrities like Ian Somerhalder and Jennette McCurdy who have also chosen to step away from the spotlight.
Source: YAHOO
Reported 6 months ago
Nvidia has announced an increase in its quarterly dividend distribution by 150%, from $0.04 to $0.10 per share. This change comes alongside a 10-for-1 forward stock split. While the dividend yield post-split remains low at 0.0034%, long-term shareholders can benefit from the increased cash payouts following Nvidia's recent announcements.
Source: YAHOO
Reported 6 months ago
UPS供應鏈解決方案總裁比爾·西沃德表示，在FreightWaves未來供應鏈活動上的主題演講中，談到物流策略的演變。西沃德指出，雖然中國在全球供應鏈中佔據重要地位，但美國和墨西哥從轉變後的物流策略中受益良多。他提到墨西哥和美國正看到製造商紛紛把物流渠道從亞洲轉移到當地。西沃德還討論了墨西哥的貨物盜竊問題和市場情勢的樂觀跡象。
Source: YAHOO
Reported 6 months ago
Databricks 宣布將以逾 10 億美元的價格收購數據管理初創公司 Tabular，以幫助客戶開發定製人工智能應用程序，加強其在高度競爭激烈的市場中吸引客戶。Tabular 提供獨立和通用的儲存平台，並於交易完成後將其約 40 名團隊成員加入位於加利福尼亞州舊金山的 Databricks。Databricks 主要產品是一項技術，用於有效保存大量公司數據，使其易於訪問和分析，這仍然需要數據科學家編寫計算機代碼來查找和操縱數據。
Source: YAHOO
Reported 6 months ago
While guidelines from the World Health Organization and the American Academy of Pediatrics give recommendations on screen time, tracking it is likened to counting calories—partially accurate but misleading. Instead of minute-by-minute analysis, parents should think about the time of day, content, what it replaces, and what it adds. Focusing on these factors is more beneficial for promoting healthy screen habits, considering the impact screens have on sleep, emotional well-being, and life skills development. It's crucial to prioritize high-quality doses of exercise, boredom, sleep, and real friendships over excessive screen time, shifting the narrative from quantity to context and timing.
Source: YAHOO
Reported 6 months ago
A federal watchdog suggests that the U.S. Postal Service has the potential to capitalize on the reverse logistics market and compete with 3PLs, UPS, and FedEx. While the Postal Service has been increasing its package returns services since 2018, a new white paper points out further growth opportunities due to its extensive retail and transportation network. The agency could potentially transform post offices into retail hubs for returns services and facilitate returns of hazardous materials. However, challenges include greater costs and competition from established carriers and start-ups.
Source: YAHOO
Reported 6 months ago
The new UFC gloves, which were debuted at UFC 302, were expected to reduce the frequency of eye pokes during fights. However, fighters reported multiple instances of eye pokes during the event, raising concerns about the effectiveness of the new design. While the gloves were praised for improved comfort and hand flexibility, they still fell short in addressing the dangerous and game-altering problem of eye gouging, with the focus seeming to be more on cuts and comfort rather than eye protection.
Source: YAHOO
Reported 6 months ago
The Isle of Man TT organisers have rescheduled races due to adverse weather conditions, postponing the Supertwins and Superstock events from Tuesday to Wednesday. The second sidecar race and the Supersport race two were moved from Wednesday to Thursday, with the Supersport event having a reduced race distance. Competitors expressed concerns about track conditions after rain, leading to the cancellation of the Supertwins race one. Michael Dunlop aims to become the most successful rider in TT history with more races to go.
Source: YAHOO
Reported 6 months ago
3PL FLS Transportation has acquired Anderson Transportation and Logistics (ATL), expanding its brokerage network to $600 million in annual revenue. Founded in 2005, ATL offers various transportation and logistics services including flatbed, dry van truckload, and container drayage. The deal enhances FLS' scale in TL brokerage and adds flatbed expertise to its network, increasing FLS' revenue to around $600 million. FLS CEO John Leach highlighted the synergy between the two companies, aiming to broaden service offerings for existing customers. ATL co-founders Mark Cutts and Keith Stewart expressed excitement over the partnership, enhancing their market position in the U.S. and expanding geographical capabilities by integrating with FLS Transport services across North America.
Source: YAHOO
Reported 6 months ago
Australian cyclist Robert Stannard has been banned for four years by the UCI due to abnormalities in his Athlete Biological Passport (ABP), which were first detected in August 2018. The 25-year-old's suspension has been backdated, and he has also been fined 70% of his salary in 2018 and 2019. Stannard can appeal the decision before the Court of Arbitration for Sport. He previously rode for World Tour team Alpecin-Deceuninck.
Source: YAHOO
Reported 6 months ago
Ryan Reynolds and Blake Lively were seen in New York City, both in casual and laid-back looks with Blake wearing mustard yellow Converse sneakers on sale for $37. The couple also had a matching moment with coordinated shoes, showcasing their effortlessly cool style. Additionally, Blake Lively recently dazzled in a glamorous mermaid-like beaded turquoise dress at an event in NYC.
Source: YAHOO
Reported 6 months ago
In this special edition of the Opening Bid podcast on Yahoo Finance, Executive Editor Brian Sozzi, Steve Sosnick of Interactive Brokers, and Jay Woods of Freedom Capital Markets provide insights on investing in GameStop amid the meme stock frenzy. They discuss the volatility and risks associated with meme stocks, emphasizing the importance of risk management and being cautious in trading these highly volatile stocks. The discussion sheds light on the market manipulation concerns and the lessons investors can learn from these situations, urging them to understand the risk versus reward dynamics and to have a disciplined approach when trading such stocks.
Source: YAHOO
Reported 6 months ago
對於Copa America 2024，預測到了從小組賽的勝出隊到決賽，以及射手王和賠率。順便探討了來自CONCACAF的賽事參賽隊伍，包括美國男子國家足球隊和加拿大隊的表現。同時看看CONMEBOL的豪門球隊，例如阿根廷、巴西和烏拉圭，是否能在外國土地上爭奪洲內最大的獎項。
Source: YAHOO
Reported 6 months ago
Sen. Lindsey Graham believes that most Americans would not face the same gun charges as Hunter Biden, President Biden's son, who is currently on trial in Delaware. Graham defended Hunter Biden against the gun charges but noted that the tax-related indictment Hunter faces may be more legitimate, stating that an average American who handled their taxes like Biden might face prosecution. Hunter Biden faces multiple felony charges for lying on a federal background form while purchasing a gun, but his attorneys argue that he may have misunderstood the question at the time.
Source: YAHOO
Reported 6 months ago
RMFHometown Lenders在阿拉巴馬州的破產法院申請了第11章破產保護，歸咎於聯邦儲備局遏制通脹政策。公司表示截至2023年4月30日，對稅務機構、前僱員、倉庫貸款人和一般無抵押債權人的債務約為1.071億美元。倉庫貸款人Flagstar Bank擁有最大的無抵押債權，為2010萬美元。根據法庭文件，高利率使潛在購房者無法進入市場，投資者也拒絕購買貸款，這導致Hometown Lenders被迫回購抵押貸款。
Source: YAHOO
Reported 6 months ago
The-Dream被他的前教徒Chanaaz Mangroe控告性侵、性侵、交易等暴力行為的聯邦訴訟。Mangroe指控The-Dream利用虛偽承諾引誘她，事實上卻強迫她完成他的欲望，包括暴力性行為和心理折磨。訴訟還指控The-Dream的唱片公司和唱片公司支持他的“邪惡行為”，並聲稱Mangroe的音樂事業遭到破壞，而且無法獲得任何作品的補償。
Source: YAHOO
Reported 6 months ago
Manchester City has filed a legal challenge against the English Premier League's sponsorship rules, specifically the Associated Party Transaction (APT) rules, which the club believes are unjust. The case involves a 165-page document and is set to proceed to a private arbitration hearing on June 10. This action comes after the league announced hearings regarding 115 charges of rule-breaking by Manchester City related to financial fair play regulations. The club has consistently denied any wrongdoing and is also challenging the Premier League's voting rules in the lawsuit.
Source: YAHOO
Reported 6 months ago
A U.S. Treasury official, Brent Neiman, emphasized the importance of U.S. and allied nations' budget assistance to Ukraine in combatting corruption and increasing transparency. Ukraine's resilience amidst Russia's invasion was noted, with Neiman stressing the need for reforms to reduce corruption risks. Despite positive signs like increased business activity and returning train passenger levels, challenges such as vulnerable manufacturing facilities and lower growth estimates remain. Neiman highlighted anti-corruption steps taken by Ukraine and the international community's support in facilitating priority reforms for the nation's defense against Russia and NATO aspirations.
Source: YAHOO
Reported 6 months ago
CrowdStrike Holdings Inc. is facing a precarious situation with its lofty valuation as sentiment for software stocks sours. Despite its shares doubling in a year, surpassing most rivals in valuation, a potential negative surprise in its upcoming earnings report could lead to a pullback. The cybersecurity company's earnings update will be closely watched amidst investor scrutiny on growth sustainability and AI-driven performance claims, with some analysts predicting bright prospects while others questioning future sales strength.
Source: YAHOO