Reported about 1 year ago
Super Micro Computer (NASDAQ: SMCI) stock surged by 3.7% in Tuesday's trading session as analyst Erik Woodring from Morgan Stanley provided bullish coverage on the tech company's AI server demand outlook. Despite no specific news, Woodring's positive remarks on Dell's stock influenced the rise, given the connection to Super Micro. The company's stock has soared by around 224% in 2024, driven by the increasing demand for servers supporting artificial intelligence services. Investors should monitor competitive dynamics, such as Nvidia potentially entering the server market, to assess future growth opportunities for Super Micro.
Source: YAHOO
Reported about 1 year ago
Insigneo Chief Investment Officer Ahmed Riesgo believes that despite record highs in the stock market, a recession is likely to hit sooner rather than later. He points to warning signs such as deteriorating labor market conditions and changing consumer behavior, indicating a potential economic downturn in late 2024 or early 2025. Riesgo expects this recession to be mild, with the unemployment rate potentially rising above 4% but not exceeding 6%, suggesting a need for investors to adopt a diversified strategy to navigate potential market turbulence.
Source: YAHOO
Reported about 1 year ago
The Jisulife Portable Neck Fan, currently priced at $26 on Amazon, is being hailed as a 'summer lifesaver' by nurses and camp counselors. With three speeds to choose from, this lightweight fan uses tiny turbine blades to keep you cool and comfortable even in hot weather. It has received over 30,000 positive reviews, with users praising its effectiveness in providing relief from heat, especially during outdoor activities or at work. Some users note minor issues with hair getting in the way or positioning the fan for optimal cooling, but overall, it is highly recommended for staying cool this summer.
Source: YAHOO
Reported about 1 year ago
Guang Zhang expressed dissatisfaction with Sun Anzuo's behavior, stating that if not for his parents supporting him, he would have been locked up in the U.S. Zhang criticized Sun Anzuo for disrespecting his parents and noted that many young people nowadays rely on their parents even in their 20s. On the other hand, Di Ying, Sun Anzuo's mother, was praised for her care and love towards her son, with Zhang showing empathy and concern for her situation. The conflict between Guang Zhang and Sun Anzuo escalated as both parties exchanged criticisms through social media posts.
Source: YAHOO
Reported about 1 year ago
Shares of Trump Media & Technology Group Corp. dropped in late trading following the SEC declaring a regulatory filing effective, allowing holders of the firm's derivatives to swap for shares, potentially diluting long-time investors. The company, mainly owned by former president Donald Trump, experienced a 15% decline to around $26 in late trading, contributing to a 36% decrease this month. The issuance of more shares could add up to $247 million to Trump Media's balance sheet but also increase the trading stock pool, putting downward pressure on the stock price.
Source: YAHOO
Reported about 1 year ago
Discover a variety of flavorful and nutritious shrimp recipes recommended by EatingWell fans, all with at least 4-star ratings. From One-Pot Garlicky Shrimp & Broccoli to Charred Shrimp, Pesto & Quinoa Bowls, these recipes are perfect for any occasion and are quick to make. Whether it's Lemon-Garlic Marinated Shrimp or Coconut Curry Shrimp, these dishes are sure to become favorites on your menu.
Source: YAHOO
Reported about 1 year ago
Lennar's second-quarter earnings report showed revenue of $8.77 billion, exceeding expectations, with adjusted EPS of $3.38 per share beating estimates. However, the company highlighted challenges from the mortgage rate environment. Insights from Yahoo Finance's Dani Romero suggest consumers are feeling distress, sensitive to interest rates, and expecting incentives when buying homes. Lennar cut home prices in Q2, signaling potential future trends. Analysts note mixed demand and affordability issues in the housing market, but remain optimistic about housing market growth amidst potential competition from Fed rate cuts and increased inventory.
Source: YAHOO
Reported about 1 year ago
DoorDash's Chief Marketing Officer, Kofi Amoo-Gottfried, highlights the importance of the 'human element' in DoorDash's business model during The 2024 Cannes Lions International Festival of Creativity. He discusses the company's marketing strategies, innovation, and engagement initiatives, emphasizing the core role of people in activities like deliveries. Amoo-Gottfried stresses that the human touch is vital for the success of DoorDash, making it distinct in the market. Despite advancements, DoorDash sees human involvement as essential for their operations.
Source: YAHOO
Reported about 1 year ago
Qualcomm同意支付7500万美元以解决一起诉讼，股东指控该芯片制造商通过隐藏其垄断性的销售和许可行为欺诈了他们。这项初步的现金和解协议已在周二提交给圣迭戈联邦法院，需要美国加州南区地区法官Jinsook Ohta批准。 Qualcomm和包括前首席执行官保罗·雅各布斯和史蒂文·莫伦科夫在内的六名个人被告否认了有过错，并同意了解决。这家总部位于圣迭戈的公司尚未对请求置评做出回应。股东指控Qualcomm通过反复将其芯片销售和技术许可描述为独立业务（实际上Qualcomm将它们捆绑在一起以扼杀竞争）从而人为提高其股价，该指控的时间跨度为2012年2月至2017年1月。
Source: YAHOO
Reported about 1 year ago
The article discusses how extreme weather events are affecting insurance companies and their strategies to cope with the fallout. With 22 billion-dollar disasters occurring in 2023, insurers are experiencing a hard pricing cycle, leading to increased pricing power and potential for profitability. Investors are advised to choose carefully based on companies' strategies and underwriting history. Certain insurers like Arch Capital (ACGL) are highlighted for having diversified portfolios and less exposure to severe weather, making them attractive investment options in the current market.
Source: YAHOO
Reported about 1 year ago
On Tuesday, the US stock market saw the S&P 500 and Nasdaq hitting record highs as Nvidia overtook Microsoft to become the most valuable public company with a market capitalization of over $3.33 trillion. The S&P 500 closed up about 0.3%, and the Nasdaq Composite marked its seventh consecutive record close. Tech stocks have continued to lead a rally driven by artificial intelligence technologies, while retail sales data showed a modest increase in May amid concerns of high interest rates and inflation. The article also discussed Berkshire Hathaway's increased stake in Occidental Petroleum and Apple discontinuing its buy now, pay later service.
Source: YAHOO
Reported about 1 year ago
During an episode of the Fail Better with David Duchovny podcast, Sean Penn reminisced about his close friendship with Tom Cruise, which began while filming 'Taps' in 1981. The two actors became jogging partners after returning to California, with Penn expressing gratitude towards their director Harold Becker for kickstarting his career. Penn has often spoken fondly of their friendship in interviews, including sharing stories about picking Cruise up from the airport and running into John Belushi together. Their bond was further highlighted by their colleague Curtis Armstrong, who revealed Cruise's admiration for Penn's talent.
Source: YAHOO
Reported about 1 year ago
California Governor Gavin Newsom announced his intention to limit students' smartphone usage during the school day, referencing the negative impacts of social media on mental health. The proposal aims to bolster a law from 2019 that grants school districts the authority to regulate smartphone use on campus. The move aligns with recent discussions nationally on addressing the influence of social media on youth, with some states taking legislative action such as Florida and New York. Additionally, efforts by California lawmakers are underway to address addictive social media feeds among minors. The Los Angeles Unified School District has also voted to establish guidelines to restrict cell phone use among students, while State Senator Henry Stern introduced a bill to expand school districts' capacity to manage social media usage.
Source: YAHOO
Reported about 1 year ago
加州勞動紀律部門對亞馬遜公司開出590萬美元罰款，指責這家線上零售巨頭未能適當告知兩家倉庫的工人有關生產配額，其中一家倉庫正在試圖組成工會。加州勞動專員說，亞馬遜在莫雷諾谷和雷德蘭茲的兩家大型倉庫違反了2022年的加州法律，該法律要求雇主向工人提供配額的書面描述，如果未能按指定速度完成工作，則可能受到懲罰。
Source: YAHOO
Reported about 1 year ago
Former St. Louis Fed President Jim Bullard discusses the uncertainty surrounding a potential interest rate cut by the Federal Reserve in 2024. Bullard acknowledges the progress made in decreasing inflation but notes that the central bank has not yet had the opportunity to implement a rate cut this year. He emphasizes the importance of inflation reaching the 2% target and expresses confidence in the Fed's gradual approach. Other Fed officials like Boston Fed President Susan Collins and Richmond Fed's Barkin have also provided insights on policy rates and the economy.
Source: YAHOO
Reported about 1 year ago
Wang Baijie, a Taiwanese actor, apologized repeatedly as he left the Shilin District Prosecutors Office after being released on bail following a drunk driving incident. His blood alcohol content was found to be 0.44 milligrams, leading to charges of endangering public safety. Wang Baijie expressed shock and apologized for his actions, emphasizing the need to reflect at home. He acknowledged the seriousness of his offense and stated that he had underestimated the alcohol's effects, sharing that he did not realize he had engaged in drunk driving behavior when asked to blow for a breathalyzer test the morning after. Wang Baijie's girlfriend was also surprised by the news. Wang Baijie promised not to drink again, recognizing the severity of the consequences and expressing remorse for his actions.
Source: YAHOO
Reported about 1 year ago
Wang Bojie, a Taiwanese celebrity, was involved in a car accident in Taipei while driving under the influence of alcohol, registering a high blood alcohol level during a police test. He was subsequently brought to court where he was granted bail of NT$50,000. Wang expressed deep regret and emphasized the need to reflect on his behavior at home, stating that the incident was not intentional. He also mentioned that his girlfriend was shocked upon learning about the drunk driving incident. Wang affirmed that he will not drink and drive again, as he deeply regrets his actions and finds the punishment too severe.
Source: YAHOO
Reported about 1 year ago
California has fined Amazon a total of $5.9 million for violating the Warehouse Quota Law at two warehouses in Riverside and San Bernardino counties. The law requires providing written notice of quotas to employees, including the number of tasks per hour. Amazon was fined $1.2 million at one warehouse and $4.7 million at another. The company has appealed the citations, stating they do not have fixed quotas and that individual performance is evaluated over time. The Labor Commissioner emphasized the importance of preventing undisclosed quotas to protect workers from increased pressure and potential injuries.
Source: YAHOO
Reported about 1 year ago
At Citigroup's Investor Day, CEO Jane Fraser highlighted the bank's strategic direction, particularly focusing on its services business while stressing the ongoing restructuring and streamlining efforts. Fraser's remarks signaling Citigroup's departure from being the financial supermarket of the past unsettled investors. The bank's goals for 2026 include reshaping and downsizing its operations, with an emphasis on its services for multinational companies, seen as a unique asset that sets Citigroup apart from other Wall Street banks. Financial updates revealed expectations of lower net interest income for the second quarter but a significant 50% increase in investment banking fees compared to the previous year.
Source: YAHOO
Reported about 1 year ago
Nvidia成為最有價值股票，漲幅達591,078%，自1999年首次公開募股以來，該公司取得了驚人的股價表現，尤其在人工智慧領域的投資熱潮中受益良多。在其上市後不到三年的時間裡，Nvidia就成功進入S&P 500指數，並在過去25年中成為表現最優秀的股票之一，在2024年6月18日超越微軟公司，成為全球市值最高的公司。然而，Nvidia的成功之路並非一帆風順，長期投資者曾多次經歷50%以上的股價暴跌，公司未來的持續成功仍取決於人工智慧設備市場的支出狀況。
Source: YAHOO
Reported about 1 year ago
Traders are showing confidence in a potential surge in US Treasuries by placing bets on a bullish trade following last week's inflation data and Federal Reserve decision. Investors are optimistic about a bond market rally with expectations of two quarter-point rate reductions in 2024, driven by economic indicators favoring lower US interest rates. The market is witnessing a resurgence in demand for futures contracts and increased momentum in the cash market, buoyed by a shift in positioning indicators and rising open interest.
Source: YAHOO
Reported about 1 year ago
A 25-year-old man in Pasco County, Florida, was charged with first-degree murder after human remains believed to belong to a missing family were found in his fire pit. Rory Atwood was arrested following an investigation into the disappearance of Rain Mancini, Phillip Zilliot II, Karma Zilliot, and Phillip Zilliot III. Atwood claimed he was in a confrontation with the adults, resulting in their deaths, and he then disposed of their bodies in the fire pit on his property. The case is still under investigation.
Source: YAHOO
Reported about 1 year ago
These diabetes-friendly one-pot dinner recipes prioritize carbs, calories, sodium, and saturated fat levels while offering at least 15 grams of protein per serving to support blood sugar control and overall health. Options include Lemon Chicken Skillet, Shrimp & Broccoli, and a variety of other flavorful and nutritious meals that are easy to make and clean up, making mealtime enjoyable and hassle-free.
Source: YAHOO
Reported about 1 year ago
Shares of Trump Media & Technology Group, trading under the ticker symbol DJT, have plummeted by 39% since former President Donald Trump's guilty verdict in his hush money trial. The stock closed down 10% at $31.31 on Tuesday, with volatility being a defining feature of the stock. Trump Media's market cap of $5.5 billion largely relies on the Trump brand and his supportive following. The company faces uncertainty amid disagreements over its flagship platform Truth Social and challenges in competing with established social media giants like Facebook and TikTok.
Source: YAHOO
Reported about 1 year ago
The Congressional Budget Office projects that the rate of uninsured Americans will increase to 8.9% by 2034 from 7.7% in 2024, with factors like rising immigration and policy changes impacting eligibility for federal health programs. The shift is expected to particularly impact the 19-to-24 age group and immigrants, with the uninsured rate stabilizing around 9% by 2034. This change is influenced by factors like the termination of Medicaid enrollment requirements and the expiration of subsidies on Obamacare plans, affecting younger adults' insurance coverage.
Source: YAHOO