Reported 6 months ago
A Singapore Airlines jetliner experienced significant gravitational force swings during severe turbulence, causing injuries to unbuckled passengers as it dropped 178 feet in less than a second. The preliminary report by Singapore's Transport Ministry revealed that the British man who died likely suffered a heart attack during the incident. The plane, flying from London to Singapore, made an emergency landing in Bangkok after the turbulence. Investigations involving U.S. agencies and Boeing are ongoing to determine the cause of the incident.
Source: YAHOO
Reported 6 months ago
The Biden administration is expanding tax credits beyond wind and solar to include a wider range of clean energy technologies like nuclear fission and fusion under the Clean Electricity Production Credits and Clean Electricity Investment Credits, set to be available in 2025 as existing wind and solar tax credits expire. The new credits aim to help the U.S. achieve a net-zero emission power sector by 2035 and could lead to a significant reduction in greenhouse gas emissions. However, some environmental groups are concerned that the credits could inadvertently support controversial energy sources.
Source: YAHOO
Reported 6 months ago
German inflation rose slightly more than expected to 2.8% in May, with economists noting that the increase was anticipated and should not be a cause for concern for European Central Bank policymakers ahead of their upcoming interest rate decision. Analysts had predicted a 2.7% reading, following a 2.4% year-on-year increase in consumer prices in April. The ECB is expected to lower interest rates after a streak of rate hikes resulted in inflation hovering just above the 2% target, although the pace and extent of these reductions will depend on sustained low inflation levels. Despite the uptick in core inflation in Germany, experts believe this is not likely to impact the ECB's decision next week.
Source: YAHOO
Reported 6 months ago
Spotify's profitable performance has led to a record-setting stock streak with 10 consecutive monthly gains, despite shares still being below their 2021 peak. The company's strategic moves to increase profits, attract new subscribers, and venture into audiobooks have impressed analysts, leading to buy recommendations. While some caution about the stock's valuation, others like KeyBanc Capital Markets see Spotify's profit prospects as compelling, projecting operating profit to double and sustaining mid-teens revenue growth.
Source: YAHOO
Reported 6 months ago
Nvidia股票暴涨受短期认购期权挤压，周二的认购期权交易量跃居第四位，股价飙至每股逾1100美元。这种异常高的交易量凸显了所谓的伽马挤压现象，数以千计的将在周末到期的认购合约以惊人速度飙升1000％或更多，迫使做空者买入更多股票进行对冲，进而推高了股价，牵动更多认购合约进入平值状态，迫使做空者再次购入更多股票以保持平衡。这种价格波动类似于2021年底特斯拉股票的涨势，而疯狂的交易市场机制也让人想起伊隆·马斯克。
Source: YAHOO
Reported 6 months ago
Global stocks paused their spring rally as bond markets signaled inflation risks remaining elevated into the summer. While the S&P 500 reached record highs, government bond portfolios faced losses, reflecting sensitivity to inflation. Despite weak demand in Treasury auctions indicating rising yields, concerns linger over the U.S. economy's resilience keeping inflation pressures high. Analysts await forthcoming data, including the PCE Price index, to gauge inflation trends and the potential impact on stock markets in the coming months.
Source: YAHOO
Reported 6 months ago
Source: BARRONS
Reported 6 months ago
Shell and Exxon are reportedly close to finalizing a deal to sell their jointly-owned gas fields in the southern North Sea to Viaro Energy, a British producer, for around $500 million. This potential agreement signifies a continued trend of major oil and gas companies divesting from the aging North Sea basin to focus on more lucrative prospects, with Exxon completing its exit from the North Sea and Chevron also selling its remaining assets in the British North Sea. Viaro Energy, which acquired RockRose Energy in 2020, has been active in the region and operates around 30,000 barrels of oil equivalent per day across various fields. The deal is nearing completion, but there are no guarantees yet, with Shell, Exxon, and Viaro Energy declining to comment.
Source: YAHOO
Reported 6 months ago
T-Mobile is set to acquire the majority of U.S. Cellular for $4.4 billion, with the deal expected to close by mid-2025 pending regulatory approval. The acquisition aims to improve rural connectivity and provide better access to high-speed internet in underserved areas. In other news, over 500,000 homes and businesses in Texas were left without power due to severe storms, while the U.S. Army's aid pier in Gaza will be out of operation for a week for repairs. Additionally, America's Got Talent Season 19 premiered, featuring new acts and Negro League stats have been integrated into Major League Baseball's record book.
Source: YAHOO
Reported 6 months ago
The article discusses an undervalued data stock, Sportradar Group (NASDAQ: SRAD), that has the potential to surge by 40%, as suggested by certain Wall Street analysts. The Motley Fool Stock Advisor team did not include Sportradar Group in their top 10 stock picks, but they believe it could yield substantial returns. The article emphasizes the success of Stock Advisor's recommendations in the past, like Nvidia, and highlights the service's track record of outperforming the S&P 500. Neil Rozenbaum, the author, does not hold any positions in the mentioned stocks, and the article concludes with a disclosure statement about his affiliation with The Motley Fool.
Source: YAHOO
Reported 6 months ago
The article discusses how the author, Molly Adams, makes Ina Garten's 5-ingredient Creamy Vinaigrette every week, using it to dress salads, marinate chicken, and drizzle on roasted vegetables. Adams shares her culinary school experience of learning to make a classic French vinaigrette and highlights the simplicity and versatility of Garten's recipe, which includes olive oil, red wine vinegar, Dijon mustard, honey, and shallot. She provides tips for making the vinaigrette and emphasizes its longevity in the fridge.
Source: YAHOO
Reported 6 months ago
Cameroon has replaced head coach Marc Brys with Martin Ndtoungou after an argument with Samuel Eto'o, the president of the country's football federation. Brys, who had not yet coached a game, was criticized for disrespectful comments and inappropriate behavior, leading to his removal. The power struggle between the sports ministry and Fecafoot continues as the team prepares for upcoming World Cup qualifiers.
Source: YAHOO
Reported 6 months ago
Sabadell's CEO stated that the bank will not pursue mergers or acquisitions as a defense strategy against BBVA's hostile takeover bid. Sabadell's rejection of BBVA's offer, which was also opposed by the Spanish government, has prompted the bank to focus on its growth prospects and convince shareholders of the merits of remaining independent. Sabadell's advisors believe the deal could face regulatory hurdles due to potential issues related to market share in small and medium-enterprise lending.
Source: YAHOO
Reported 6 months ago
HBO's upcoming original series "City of God: The Fight Rages On," serving as a sequel to the acclaimed 2002 Brazilian movie "City of God," is set to debut in August on Max and HBO. The six-episode series, based on author Paulo Lins' literary work, follows the characters from the original film in the early 2000s, incorporating flashbacks. Returning cast members include Alexandre Rodrigues and Thiago Martins, alongside new faces from Rio de Janeiro communities. Produced by Andrea Barata Ribeiro and Fernando Meirelle, the series is helmed by a creative team of writers and directors.
Source: YAHOO
Reported 6 months ago
BuzzFeed shared 23 photos of unusual occurrences that could be considered "glitches in the Matrix," such as objects defying physics or strange reflections. These photos may lead some to ponder if we are living in a simulation.
Source: YAHOO
Reported 6 months ago
Barry Manilow returned to the London Palladium stage after cancelling a farewell show the previous day due to doctor's orders. The 80-year-old singer disappointed fans by postponing the show, but received support from his fans, known as Fanilows. Manilow's residency run, titled The Last, Last UK Concerts, at the venue will continue through June 9, with the rescheduled show set for June 9 at 2:30 p.m.
Source: YAHOO
Reported 6 months ago
Blake Stallings achieved his first goal of winning a race at South Boston Speedway early in the 2024 season and is now focused on competing for a title in the track's Late Model division. Stallings attributes his success to a new car, improved health and fitness, and the support of his family and friends who have been with him throughout his racing career. He emphasizes the importance of consistency in the competitive division and is aiming for more wins and top three finishes moving forward. Stallings expressed gratitude to his loved ones and sponsors for their support.
Source: YAHOO
Reported 6 months ago
Shania Twain praised Taylor Swift for being a courageous and hardworking artist who sets a fabulous example for young artists in the music industry. Twain highlighted Swift's influence on artists like herself and expressed admiration for Swift's dedication to her career and art. Swift, in turn, has openly expressed her gratitude and admiration for Twain throughout her career, with Twain feeling warmed and happy when Swift acknowledges her influence.
Source: YAHOO
Reported 6 months ago
The Motley Fool article discusses a growth stock that has decreased by 54% and is recommended for investors to buy at present. The article highlights the potential of investing in this stock and also mentions the top 10 stocks identified by The Motley Fool Stock Advisor team, excluding Pinterest. The Stock Advisor service is praised for its success in providing investment guidance. Parkev Tatevosian, CFA, the author, has no position in the mentioned stocks but may be compensated for promoting The Motley Fool's services.
Source: YAHOO
Reported 6 months ago
Bronny James will forego his remaining college eligibility and stay in the 2024 NBA Draft, as confirmed by his agent Rich Paul. Despite earlier expectations of going pro after being medically cleared, Bronny aims to enter the draft directly and not sign a two-way deal with an NBA team. Expected to be a second-round pick, he will work out for select teams like the Phoenix Suns and Los Angeles Lakers. His agent emphasizes the importance of finding the right team for Bronny's development, acknowledging that he may not be drafted at all but remains hopeful for a positive start to his NBA career.
Source: YAHOO
Reported 6 months ago
The energy sector in the S&P 500 is considered cheaply priced compared to other sectors, despite being the best performer in the index over the past three years. Analysts predict that companies like Chevron and ConocoPhillips will see significant earnings growth in the next few years. While the energy sector has the highest three-year total return, it also has the worst 10-year return due to various factors, including the crash in oil prices. Long-term investors are advised to consider the sector, especially as companies become more efficient and environmentally friendly.
Source: YAHOO
Reported 6 months ago
Source: WSJ
Reported 6 months ago
MLB has officially added Negro Leagues statistics to the record books, integrating over 2,300 players' stats from 1920-1948. This move allows Negro League legends like Josh Gibson to be recognized among all-time leaders, with Gibson becoming the new career leader in batting average, slugging percentage, and OPS. MLB Commissioner Rob Manfred highlighted the initiative's goal to preserve the history of the Negro Leagues, with upcoming tributes planned for June 20. The article also touches on various sports news, including the WNBA, NHL, lacrosse's crossover athletes, and an MLB perfect game anniversary.
Source: YAHOO
Reported 6 months ago
The ongoing Paramount Global acquisition saga involving talks with Sony and Apollo Global Management is described as a "sorry situation" by experts. Puck News Founding Partner William Cohan highlights the control Shari Redstone holds as a shareholder, leading to challenges in finalizing deals. The situation is seen as complex and uncertain, with potential consequences for investors like Mario Gabelli. The article delves into the complexities of the media landscape and the challenges faced by Paramount amid the acquisition talks.
Source: YAHOO
Reported 6 months ago
Source: INVESTORS