Reported 6 months ago
The Detroit Pistons have fired general manager Troy Weaver after a disastrous 2023-24 season in which they finished with a 14-68 record, the worst in the NBA. Weaver, who had been with the team for four seasons, was let go as the franchise looks to reshape its future under new team president Trajan Langdon. Weaver leaves behind a roster that includes recent high draft picks like Cade Cunningham, but the team has struggled to find success on the court in recent years.
Source: YAHOO
Reported 6 months ago
Shares of Dell Technologies are falling despite exceeding expectations in its first quarter results. Dell's Infrastructure Solutions Group President discusses the margin pressure on the stock, highlighting the momentum in the AI infrastructure business and the company's continued growth trajectory. However, the weak guidance outlook is attributed to nonlinear demand and supplier constraints affecting the ability to forecast growth, particularly in the AI server business. Dell anticipates growth in its server business for several quarters to come, but the market is concerned about margins and the uncertainty in demand forecasting.
Source: YAHOO
Reported 6 months ago
Meta's Facebook has reported attracting the highest number of young adults in three years, with over 40 million U.S. and Canadian adults aged 18 to 29 checking the app daily. This surge in young adult engagement reflects Meta's efforts to revitalize the platform's appeal to a younger audience amidst competition from TikTok. Meta noted significant growth in app usage among young adults over the past five quarters, driven by sections like Marketplace, Groups, and Dating. Despite a decline in teen usage, Facebook continues to maintain a relatively stable user base among all U.S. adults.
Source: YAHOO
Reported 6 months ago
Melania Trump and her son Barron were in Manhattan when the guilty verdict in Donald Trump's hush money trial was revealed, being smuggled into Trump Tower where the former president's close associates had gathered. The atmosphere was described as gloomy, with the family rallying around Trump despite the mood being viewed as a downer at Mar-a-Lago. Despite Melania and Ivanka's absence during the trial, they are reportedly supportive behind the scenes.
Source: YAHOO
Reported 6 months ago
AMA's Director of Racing, Mike Pelletier, appeared on SMX Insider to explain the differing penalties given to Tom Vialle and Haiden Deegan at Fox Raceway, where Vialle was penalized for reentering the track unsafely while Deegan was not penalized for similar actions. Pelletier clarified that penalties are based on whether a rider gains an advantage, fails to slow down, or accelerates unsafely off track, with Deegan ultimately not receiving a penalty due to evidence showing he slowed and lost time. Deegan won both motos at Fox Raceway, and Pelletier defended the delay in announcing the decision, citing the need to review all available footage thoroughly.
Source: YAHOO
Reported 6 months ago
Source: NBCSPORTS
Reported 6 months ago
Investors are favoring leveraged loans as a top performer in credit markets due to the appeal of floating-rate debt amid expectations of prolonged higher interest rates. Leveraged loans have yielded 4% for investors in 2024, alongside Asia-Pacific credit, outperforming investment-grade corporate bonds which have lost 1.5%. The high demand for leveraged loans has led to reduced debt costs for companies and a record-breaking month in May for US leveraged loan borrowers, with $160 billion in debt financings. Despite some economic weaknesses, the stable economy and signs of cooling inflation suggest low default rates in the near future, attracting risky corporate borrowers back to the market.
Source: YAHOO
Reported 6 months ago
Source: WSJ
Reported 6 months ago
A Pit Bull named Brody was caught on a pet camera yapping and trying to communicate with his owners while they were at work, giving the impression that he knew he was being watched. The video was shared online, with viewers finding it amusing and commenting on how they would rush home if their dog did the same. The article also provides tips on keeping dogs entertained and calm while owners are at work, suggesting activities like treasure hunts, food puzzle toys, and playing classical music to reduce barking and anxiety.
Source: YAHOO
Reported 6 months ago
A new study reveals that women who follow a Mediterranean diet can live significantly longer. The diet, which emphasizes foods like olive oil, fruits, fish, nuts, and vegetables while limiting red meat and sweets, was associated with a 23 percent reduced risk of all-cause mortality in a cohort study of 25,315 women over 25 years. Factors like inflammation, insulin resistance, and body mass index were found to contribute to this reduced risk, with cholesterol and glycemic measures playing minimal roles. The study suggests further research to explore other potential pathways for the diet's association with lower mortality rates. Previous research also indicates that a Mediterranean diet could lower the risk of dementia, even among individuals with a higher genetic predisposition for the condition.
Source: YAHOO
Reported 6 months ago
Citi airlines analyst Steve Trent explains why Delta remains a strong investment choice compared to JetBlue. He initially recommended Delta as a "good buy" and advised against JetBlue in the past, a stance he maintains due to Delta's wallet share gains, economic activity per available seat mile, and strong brand. Meanwhile, he highlights JetBlue's struggles with revenue verticals, lack of M&A prospects, and challenges in returning to sustainable margins. Trent discusses potential factors affecting both airlines and emphasizes Delta's advantageous position.
Source: YAHOO
Reported 6 months ago
據《People》雜誌報導，一名護士在車內睡著後，汽車於5月17日從醫院停車場頂樓墜落，警方報告顯示。
Source: YAHOO
Reported 6 months ago
S&P Global Ratings downgraded France's credit rating to AA- from AA, criticizing the government's missed budget deficit goals post-Covid pandemic spending and energy crisis, impacting President Macron's economic reformer image before European elections. Despite reforms and economic growth recovery, the deficit is expected to remain above 3% of GDP in 2027. Finance Minister Le Maire defended the government's economic strategy, aiming to reduce the deficit below 3% by 2027 due to increased debt from pandemic spending. This downgrade puts France seven notches above junk status, raising concerns about the country's debt sustainability. Macron's government faces opposition backlash and challenges in advancing economic policies amid political fragmentation and protests.
Source: YAHOO
Reported 6 months ago
Dakota Johnson was unable to attend her fiancé Chris Martin's son Moses' graduation as she was busy filming the movie 'Materialists' in New York City with Chris Evans. Martin and his ex-wife Gwyneth Paltrow attended the ceremony with their children, while Johnson expressed her love for the kids in past interviews. Johnson and Martin have kept their relationship private, having gotten engaged years ago, but with no rush to get married.
Source: YAHOO
Reported 6 months ago
在 UFC 302 的付費主賽卡中與 Kevin Holland 對決，是 Michal Oleksiejczuk (19-7 MMA, 7-5 UFC) 首次登上付費賽事，也是他職業生涯中遇到的最受歡迎的對手之一。Oleksiejczuk 表示，如果能擊敗 Kevin，他將成為一位非常知名的選手，這是一個非常重要的機會。他希望通過這場比賽取得勝利，重新爭取排名。
Source: YAHOO
Reported 6 months ago
The article discusses how the Dow Jones Industrial Average closed out the last trading day of May with a 575-point intraday gain, while the S&P 500 and Nasdaq Composite fell slightly over the shortened trading week. Despite the weekly declines, the Nasdaq had its best May performance since 2003, with notable sector performances like utilities and tech. The article also highlights specific stock movements and sector performances over the month of May.
Source: YAHOO
Reported 6 months ago
West Virginia Senator Joe Manchin has decided to break ties with the Democratic Party and has registered as an independent. Stifel Chief Washington Policy Analyst Brian Gardner believes that while this move does not significantly impact Capitol Hill dynamics, it is a reflection of the ongoing political realignment in the United States. Gardner sees Manchin's decision as indicative of shifts in voter demographics and allegiances, with working-class voters moving towards the Republican Party and wealthier white voters transitioning to the Democratic Party.
Source: YAHOO
Reported 6 months ago
US stocks ended the last trading day of May positively, marking the sixth positive month in the last seven for major indexes. The Dow Jones rose 1.5%, the S&P 500 increased by 0.8%, and the Nasdaq Composite closed just below the flatline. All three indexes achieved their best May performances since 2003, with the S&P and Nasdaq having their best May since 2003, and the Dow seeing its best May since 2020. Despite the overall success for investors in May, there were signs of a slight retraction in trading activity, particularly with tech stocks like Nvidia experiencing a slight decline as investors took profits. Bond yields also fell after the release of the Personal Consumption Expenditures price index update, with the benchmark 10-year Treasury falling to around 4.5%.
Source: YAHOO
Reported 6 months ago
Actress Naturi Naughton discusses the challenges of motherhood after welcoming her son last May, emphasizing the difficulty of breastfeeding and adjusting to motherhood again. She shares that motherhood has been a humbling experience compared to acting, and that it's important to be patient with oneself during the postpartum period. Naughton also reflects on turning 40 and feeling empowered by pursuing her dreams while expressing gratitude for her growing family.
Source: YAHOO
Reported 6 months ago
Aryna Sabalenka acknowledges that facing her "best friend" Paula Badosa in the French Open fourth round will be challenging, despite their close relationship off the court. Sabalenka, the Australian Open champion, praises Badosa's fighting spirit and looks forward to the competitive match. Meanwhile, Novak Djokovic continues his quest for a record 25th Grand Slam title, facing Lorenzo Musetti. Other notable matches include Elena Rybakina versus Elise Mertens and Madison Keys against Emma Navarro in the women's singles draw, as well as Alexander Zverev facing Tallon Griekspoor in the men's singles.
Source: YAHOO
Reported 6 months ago
US stock indexes rallied after the release of a positive Personal Consumption Expenditures report, with the S&P 500 and Dow Jones rising while the Nasdaq remained mostly flat. The report showed inflation meeting expectations, increasing the likelihood of a Fed rate cut. The key metric, core PCE, rose 0.2% in April and 2.8% annually, slightly above consensus. This data suggests a potential economic slowdown, keeping the possibility of 1-2 rate cuts this year. Small cap companies may remain stagnant until there is more clarity on rate cuts. At the closing bell, the S&P 500 was up 0.8%, the Dow rose 1.5%, and the Nasdaq was nearly unchanged.
Source: YAHOO
Reported 6 months ago
Source: INVESTORS
Reported 6 months ago
Shares of Caesars Entertainment (CZR) surged after reports from Bloomberg revealed that activist investor Carl Icahn had acquired a significant stake in the company. While the exact intentions of Icahn remain unclear, the stock rose by about 11%, marking its largest increase in a year and a half. This development is noteworthy as Icahn has a history of investing in the casino sector, and although he has not indicated plans for a campaign against the management team at Caesars, the situation is being closely monitored.
Source: YAHOO
Reported 6 months ago
Shoshana Bean, a Tony-nominated stage veteran, opens up about her acclaimed role in the Broadway hit "Hell's Kitchen" and the valuable advice she received from Alicia Keys. The musical, inspired by Alicia Keys' life, has allowed Bean to showcase new sides of her talent and gain renewed confidence in herself. Through her role as a character based on Keys' mother, Bean has embraced the complexities of playing a not always likable character and has found empowerment in being true to herself, thanks to Keys' support and guidance.
Source: YAHOO