Reported about 1 year ago
EquityZen Head of Market Insight Brianne Lynch comments on the current state of the US IPO market, noting a slow start in 2024 following a public offering slowdown in 2023. While Lynch mentions a favorable environment for companies to go public, the IPO market hasn't been as active as anticipated. She highlights StubHub as a potential IPO candidate for the year, emphasizing a lot of investor interest in companies with AI components, particularly in infrastructure or chip providers.
Source: YAHOO
Reported about 1 year ago
Yahoo Finance Video在2024年，Cannes Lions國際創意節在法國拉開帷幕，Autodesk (ADSK)首席市場營銷官Dara Treseder與Yahoo Finance的Brian Sozzi和Rachelle Akuffo一起，闡述了公司如何利用人工智慧(AI)改變其業務模式，幫助各行業實現企業轉型。Treseder強調Autodesk的軟件已廣泛應用於各個領域，並且透露公司已經戰略性地將AI集成到平台上，以精簡各種設計流程。這種AI集成使客戶能夠“自動化琐碎任務”，“增強創造力”，“分析複雜信息”，最終鼓勵企業在設計流程中做出更明智的決策。隨著Autodesk推出名為“Bernini項目”的AI項目，Treseder強調AI僅是一種工具，重點在於人類如何利用這些工具創造新體驗，新業務模式，並推動企業向前發展。
Source: YAHOO
Reported about 1 year ago
Forward Air上周宣布裁员，员工减少从文书工作到高管职位，包括许多销售和技术职位。这些裁员促使Forward Air通过重组和减少来调整工作。公司尚未确认受影响职位的总数，但在星期一确认了裁员，并表示会提供裁员补偿、COBRA医疗保险、就业转换服务和其他资源。自1月份收购货运代理公司Omni Logistics以来，Forward Air一直在奋力整合Omni，调整组织机构，并通过两个销售渠道接近市场。公司正在努力解决高额负债以及操作日常业务的挑战，并计划在第二季度公布2024年全年展望。
Source: YAHOO
Reported about 1 year ago
The Trump-era tax cuts are expected to expire in late 2025, becoming a focal point in the upcoming election. Both President Joe Biden and former President Donald Trump have shown willingness to extend the deadline, with Trump even suggesting replacing income tax with tariffs. Experts discuss the impacts on the national debt and potential consequences in presidential debates. The IRS is also planning to close business loopholes through better enforcement by hiring experts to combat tax avoidance.
Source: YAHOO
Reported about 1 year ago
The Jonestown massacre, synonymous with the phrase 'drink the Kool-Aid,' is revisited in the docuseries 'Cult Massacre: One Day in Jonestown.' The series delves into the charismatic appeal of cult leader Jim Jones, the events leading up to the tragedy in Guyana, and the harrowing stories of survivors and witnesses. It reveals that while some willingly drank the poisoned Kool-Aid, others were executed for refusing to comply, leaving behind a legacy of loss and madness that survivors continue to grapple with.
Source: YAHOO
Reported about 1 year ago
A federal appellate panel ruled that Michigan Attorney General Dana Nessel's lawsuit seeking to shut down part of a petroleum pipeline belonging to Enbridge Inc. in the Straits of Mackinac will be heard in state court. Enbridge had moved the case from state to federal court after missing the deadline. The case involves concerns over the pipeline's safety, with fears of a potential spill, and Enbridge is working to secure permits to encase the section in a protective tunnel. The lawsuit invokes the public trust doctrine and Michigan Environmental Protection Act. Enbridge is also involved in a separate federal lawsuit regarding the pipeline's shutdown attempt and interstate and international petroleum trading.
Source: YAHOO
Reported about 1 year ago
The National Association of Realtors will release a snapshot of monthly US existing home sales, with economists predicting a decrease for May due to high interest rates and low inventory. ResiClub CEO Lance Lambert notes a historic deterioration in affordability with rates rising sharply, impacting the housing market's churn and turnover. Despite some signs of relief with rising inventory in some regions, existing home sales have yet to reflect this change, and some markets may see price corrections as inventory increases.
Source: YAHOO
Reported about 1 year ago
Netflix宣布《星際迷航：繁星新傳》第二季將於7月1日上映。這部動畫劇集去年10月被Netflix收購，當時Paramount+決定將多部原創劇集，包括《星際迷航：繁星新傳》，從平台上撤下以節省成本，並取消之前已經進行中的20集委託製作。該劇講述一群年輕外星人組成的特殊小分隊在探索宇宙的過程中，共同追求更美好的未來的故事。
Source: YAHOO
Reported about 1 year ago
YouTube新增了一項探索性功能，讓使用者可以對影片進行註記，進一步澄清在該平台上發布的內容。這個新功能允許使用者添加註記，提供相關、及時且易於理解的影片說明，比如澄清某首歌是否是惡搞、指出評測產品的新版本是否上市、或者讓觀眾知道當前一些舊片段被誤解為最新事件。此功能的第一個版本在美國和英文版的YouTube上推出。
Source: YAHOO
Reported about 1 year ago
Gisele Bündchen partners with Balmain for the rose garden-themed spring 2024 collection, showcasing black ensembles with gold rose details in a campaign reminiscent of 'The Devil Wears Prada'. Creative director Olivier Rousteing draws inspiration from the film's iconic line and references Bündchen's role, aiming to infuse joy, femininity, and exuberance into the collection. This partnership comes after Bündchen's blossoming post-divorce from Tom Brady, with recent images capturing her vibrant spirit in both fashion and personal life.
Source: YAHOO
Reported about 1 year ago
Ryan Sutter, known from 'The Bachelorette,' shared on a podcast that he and his wife Trista faced challenges during the past year due to moving and other issues, clarifying that his recent social media posts were not indicating any serious problems. The couple relocated to Denver to focus on their children, and Ryan emphasized the importance of their privacy, stating that if something was truly wrong, he wouldn't be sharing it online. The two recently went on a trip to Mexico together, reflecting on their commitment to each other and their family.
Source: YAHOO
Reported about 1 year ago
R&B icon Usher shared his wellness routine with the 'Wall Street Journal,' disclosing that he fasts every Wednesday following his grandmother's practice. His routine includes morning reflection, celery juice, a concoction of lemon, ginger, water, and cayenne pepper, and avoiding breakfast until he exercises. Despite his strict diet and exercise regime, Usher made an exception for his Super Bowl halftime performance. He recently received the icon award at the Apollo Spring Benefit 2024, thanking his wife for her support.
Source: YAHOO
Reported about 1 year ago
As the trading day closes, investors are anticipating key events on June 18. The US retail sales data for May is expected to show a 0.3% increase, providing insight into consumer spending amid inflation. Boeing CEO Dave Calhoun will testify before a US Senate subcommittee on the company's safety culture. KB Home will report second-quarter earnings, giving an update on the housing market. Additionally, Boston Fed President Susan M. Collins will have an exclusive interview with Yahoo Finance at 4:40 pm ET.
Source: YAHOO
Reported about 1 year ago
Penn State faces a potential trap game against Washington late in the 2024 football season, following their matchup with Ohio State. Despite Washington's changes in roster and coaching staff, they still possess talent that could pose a challenge to Penn State. The timing of the game, being played after a high-stakes matchup with Ohio State, could lead to a letdown for the Nittany Lions, making it a crucial game to watch for their playoff hopes.
Source: YAHOO
Reported about 1 year ago
Eli Lilly and Company在北卡羅來納州推出了一家新的生產工廠，預計將幫助減輕高需求下GLP-1減重藥物的生產瓶頸。這個新工廠被期望能夠在2025年初投入運營，將有助於解決注射筆等供應短缺的問題。該公司預計將投入20億美元用於擴建工廠，這是他們計劃中的七個工廠之一。
Source: YAHOO
Reported about 1 year ago
Steve Bannon, former Donald Trump adviser, will not serve his upcoming prison term in a 'Club Fed' as he had anticipated. Instead, he is set to report to a low-security federal prison in Danbury, Connecticut, due to pending criminal cases against him. Bannon was sentenced for contempt of Congress and faces charges related to defrauding donors. His lawyers sought to delay imprisonment, citing his role in the presidential election campaign. Bannon's prison experience may include housing with white-collar criminals and a potential transfer to Rikers Island for state trial proceedings.
Source: YAHOO
Reported about 1 year ago
A failed crypto company, Terraform Labs, and its founder Do Kwon have agreed to a $4.5 billion settlement with the Securities and Exchange Commission after being found guilty of securities fraud. Terraform Labs' stablecoins, Luna and Terra, collapsed in 2022, causing a $40 billion loss in market value. This settlement is part of a trend as other prominent figures in the crypto industry, such as Binance's Changpeng Zhao and FTX's Sam Bankman-Fried, have also faced legal consequences for fraudulent activities.
Source: YAHOO
Reported about 1 year ago
Source: BARRONS
Reported about 1 year ago
The Technology Select Sector SPDR Fund (XLK) is considering a rebalancing due to concerns over market concentration, with giants like Apple, Nvidia, and Microsoft driving market gains. The ETF may need to adjust its portfolio to comply with its rules, potentially impacting the companies and broader markets. Yahoo Finance's Jared Blikre analyzes the implications of this move on individual stocks and the overall market.
Source: YAHOO
Reported about 1 year ago
US stocks surged to fresh all-time highs with the S&P 500 notching its 30th record close of 2024. The S&P 500 rose nearly 0.8%, the Nasdaq Composite climbed almost 1%, and the Dow Jones Industrial Average gained 0.5%. Wall Street analysts have revised their year-end targets for the S&P 500, with Evercore ISI boosting its target to 6,000 and Goldman Sachs to 5,600. Markets await Wednesday's retail sales report for insight into the US consumer's health and watch for signs of interest rate changes, with speculations of only one rate cut in 2024 by Federal Reserve officials.
Source: YAHOO
Reported about 1 year ago
Bank of America raised its rating to Buy for the paper and forest products sector, expressing bullish sentiments towards the industry's outlook and trends. Analysts are optimistic due to an improved market outlook, with BofA Securities analyst George Staphos highlighting the importance of wholesale cardboard boxes in the market, pointing out that 80% of the economy relies on corrugated boxes. Independent box makers surveyed showed a significant increase in growth expectations for the coming quarters, leading to positive forecasts for companies like Greif, Graphic Packaging, and Packaging Corp. of America. While noting that challenges remain, such as inflation, Staphos believes the sector will continue to grow, especially due to e-commerce trends.
Source: YAHOO
Reported about 1 year ago
麥當勞（MCD）正在減少人工智慧的應用，至少在餐車服務方面。這家速食巨頭結束了與 IBM 進行兩年合作的計劃，該計劃使其在駕駛通過口外設置 AI 聽取顧客點餐。雖然 AI 在 100 多家餐廳進行測試，但現在計劃於下個月底將 AI 系統移除。麥當勞表示，他們計劃於年底前做出對未來語音點餐解決方案的明智決定。 IBM 也在與溫迪、哈迪斯和唐恩進行 AI 點餐工作。麥當勞一直對人工智慧感興趣，並表示將加大在硅谷的存在，並聘請更多工程師、數據科學家和技術專家。
Source: YAHOO
Reported about 1 year ago
A recent analysis revealed that while bacon prices have risen by 6.9% and pork chops by 4.6% in the past year, ham prices have actually decreased by 5.4%. This discrepancy is due to differences in demand rather than supply issues. The increase in US ham exports to Mexico has made domestic prices go higher. Additionally, the strategic pricing of bacon in supermarkets, influenced by consumer preferences and sales strategies, contributes to its seemingly higher prices. Despite rising meat prices, preparing meals at home with grocery store ingredients remains more cost-effective than dining out, where menu prices have notably increased.
Source: YAHOO
Reported about 1 year ago
The Centers for Medicare and Medicaid Services announced that they will be ending the advance payments program for Medicare providers affected by disruptions at UnitedHealth's Change Healthcare technology unit. The program was initiated in response to a hack at Change Healthcare by a group called ALPHV, also known as 'BlackCat', which caused medical insurance payment disruptions across the United States. CMS will no longer accept new applications for Change Healthcare/Optum Payment Disruption accelerated or advance payments after July 12. The program has already issued over $2.55 billion in accelerated payments and $717.18 million in advance payments, with over 96% of the payments recovered to date.
Source: YAHOO
Reported about 1 year ago
Lennar Corp在预测第三季度的房屋交付量低于分析师的预期，这表明由于抵押贷款利率处于二十年来的高位，新房需求预计将继续疲软。由于目前的30年固定抵押贷款利率接近7%，许多购房者无法在市场上购买房屋，促使房屋建筑商降低房屋基价，并提供激励措施，如抵押贷款利率补贴或减免房贷利率，以维持销售速度。该公司预计第三季度的房屋交付量将在20,500至21,000之间，处于分析师预期的20,917单位的中点以下。但第二季度每股盈利为3.45美元，超过分析师平均预期的3.24美元。其整体季度营收为87.7亿美元，而预期为85.2亿美元。
Source: YAHOO