Reported 6 months ago
In this article, Yahoo Finance's Julie Hyman and Josh Lipton discuss Nvidia's growth trajectory ahead of its earnings release, with Niles Investment Management Founder Dan Niles shedding light on the drivers behind Nvidia's success beyond its core chip offerings. They also analyze the broader implications of Nvidia's performance within the evolving artificial intelligence landscape, highlighting the company's role in powering AI technology and its potential market impact. Additionally, the article touches on the increasing trend of corporate bankruptcies, with Red Lobster being the latest chain to file for Chapter 11 bankruptcy, reflecting the challenges faced by companies in various industries due to operational and financial pressures.
Source: YAHOO
Reported 6 months ago
Reality star Kendra Wilkinson has announced she is stepping away from her real estate career to focus on her mental health and children. She shared on social media that her relationship with real estate has ended, citing stress in her life and the need to prioritize her well-being. Wilkinson has been working through unresolved trauma from her time in the Playboy world, seeking therapy and medication to address her depression and anxiety. She is determined to heal from her past experiences and be a present mother to her two children, reflecting on her regrets and past struggles to guide her parenting approach.
Source: YAHOO
Reported 6 months ago
In a nutshell, the defense sector has underperformed this year despite geopolitical tensions being high, with larger defense companies like Lockheed and General Dynamics showing potential for upside in the near to intermediate term. Venture investors are taking interest in defense tech startups, potentially posing competition to established firms. Additionally, Rocket Lab, despite a rough start this year, is seen as a buy due to its innovative projects like the Neutron rocket, which could be a game changer in the medium lift launch vehicle market. The second half of the year is expected to be positive for defense stocks, with a focus on improving margins and accelerating revenue growth.
Source: YAHOO
Reported 6 months ago
Nvidia is set to report its fiscal first-quarter earnings, with analysts expecting it to be a significant market catalyst. Niles Investment Management's Dan Niles discusses Nvidia's stock trajectory, up 98% year-to-date, and the upcoming Blackwell GPU release, despite concerns about Amazon Web Services potentially shifting orders. Niles notes that Nvidia's software, not just its chips, is its secret sauce, locking customers in. Despite potential risks, Niles believes Nvidia's valuation remains attractive, and he expects continued growth in the AI sector.
Source: YAHOO
Reported 6 months ago
The S&P 500 and Nasdaq closed at all-time highs in the latest episode of Market Domination Overtime on Yahoo Finance. The episode discussed the dynamics of the financial markets, with stock markets rising and primary drivers fueling market performance. Insights were provided on the transformative power of artificial intelligence, particularly in industries like utilities, and discussions were held on companies like Nvidia and DoubleVerify. The article also covered the impact of digital advertising, streaming services, and upcoming events like the Olympics on the advertising industry.
Source: YAHOO
Reported 6 months ago
The article discusses the trading takeaways from the day, highlighting the dominance of AI in the market and the boost utilities are receiving due to increased demand for new data centers. Nvidia's upcoming earnings report is anticipated, especially in the context of the AI race, with optimism surrounding potential SEC approval of ether ETFs also noted. Additionally, the market saw record highs for the S&P 500 and Nasdaq ahead of Nvidia's earnings, with a focus on AI's impact across sectors and the potential ripple effects on energy and utilities.
Source: YAHOO
Reported 6 months ago
Bella Hadid made a stunning appearance at the Cannes Film Festival wearing a barely-there halter dress with a plunging neckline and back cutouts. The model accessorized with diamonds, a sleek hairstyle, and glamorous makeup. Later, she changed into a silver silk gown for the Chopard “Once Upon A Time” party. Hadid's return to the red carpet after two years has not disappointed, showcasing her signature style both on and off the Cannes red carpet.
Source: YAHOO
Reported 6 months ago
DoubleVerify reported mixed first quarter results, surpassing revenue estimates but falling short on adjusted earnings per share. CEO Mark Zagorski highlighted the resilience of the online ad market, citing growth in areas like connected television and retail media networks. Despite challenges faced in the first quarter, DoubleVerify remains optimistic about growth prospects both internationally and domestically, with Zagorski noting that ad spend is going towards proven effective platforms. This trend indicates that advertisers are willing to invest in marketing strategies that yield results, leading to a positive outlook for the company's performance in the future.
Source: YAHOO
Reported 6 months ago
Carl Edwards and Ricky Rudd have been elected to the NASCAR Hall of Fame, along with car owner Ralph Moody and safety innovator Dean Sicking. Edwards won 28 races during his career, coming close to a championship in 2008 and 2011 before retiring in 2016. Rudd achieved 23 wins over 33 years, setting a record for consecutive starts. Moody, a WWII veteran, had success as a team owner, and Sicking was recognized for his contributions to safety in motorsports with the creation of the SAFER Barrier.
Source: YAHOO
Reported 6 months ago
The Boston Celtics are expected to proceed with caution regarding the return of Kristaps Porzingis, who has been sidelined since suffering a calf strain in April. While there is optimism for Porzingis to potentially return during the Eastern Conference Finals against the Indiana Pacers, Celtics Insider Chris Forsberg suggests that they should only bring him back if he is fully ready, especially considering the Pacers' high-scoring style of play. The Celtics aim to potentially ease Porzingis back into game action to prepare for a possible NBA Finals appearance against tough opponents like the Dallas Mavericks or Minnesota Timberwolves.
Source: YAHOO
Reported 6 months ago
The article discusses the astrological impact of the Full Moon in Sagittarius, highlighting the importance of emotional release, self-reflection, and avoiding self-sabotage during this time. It emphasizes the need to let go of unhealthy patterns, express intentions authentically, and be mindful of ego-driven behaviors. The article provides horoscope insights for different zodiac signs, encouraging introspection, communication, and embracing personal growth while navigating relationships and life challenges.
Source: YAHOO
Reported 6 months ago
Justin Fields, recently traded to the Pittsburgh Steelers as Russell Wilson's backup, is now in a quarterback competition with Wilson for the starting job, as confirmed by Fields during organized team activities (OTAs). Despite Wilson being initially favored, the Steelers are giving Fields a chance to compete given Wilson's recent performance decline with the Denver Broncos. Fields, who believes he has room to grow and wants to prove himself, is eager to push Wilson and show his potential. The situation presents an intriguing offseason storyline for the NFL.
Source: YAHOO
Reported 6 months ago
The Giro d’Italia faced criticism and chaos as riders boycotted the start of stage 16 in Livigno due to heavy snow, leading to a delayed and shortened route. Despite the disarray, Tadej Pogacar won his fifth stage and extended his lead in the general classification, while Geraint Thomas fell to third overall. Riders and teams criticized the race organizers for the situation, with complaints about the health risks and disorganization of the event.
Source: YAHOO
Reported 6 months ago
The smaller conferences in the NCAA, facing a $2.8 billion settlement over antitrust cases, are feeling financially strained as they are required to contribute a significant portion of the damages owed to former athletes for the use of their name, image, and likeness. The power conferences will pay less than the non-power conferences, leading to criticism and calls for a fairer funding model. Legal experts highlight uncertainties in the distribution of damages, which are expected to reach thousands of athletes from various sports. Despite ongoing disputes, major conference schools are moving forward with finalizing settlement terms, while smaller conferences continue to push for changes to the funding formula.
Source: YAHOO
Reported 6 months ago
Shohei Ohtani and his wife were excited to meet Sparks rookie Cameron Brink, who also got advice from Ohtani before throwing the first pitch at a Dodgers game alongside teammate Rickea Jackson. Ohtani mentioned that his wife, a former professional Japanese basketball player, also wanted to meet Brink. Despite a near miss during the pitch, the Sparks rookies had a memorable experience meeting other players and delivering Vin Scully's famous line at the game. Brink and Jackson are looking forward to their upcoming game with the Sparks and are appreciative of the attention and support they have received.
Source: YAHOO
Reported 6 months ago
In a recent episode of The Exempt List, Charles McDonald and The Ringer's Steven Ruiz discuss the best and worst NFL offseasons. They cover topics like quarterback weight fluctuations, wide receiver holdouts, and analyze teams with puzzling offseason moves such as the Falcons, Cowboys, Jaguars, Lions, and Broncos. Additionally, they highlight teams like the Jets, Bears, Patriots, and Chiefs for their successful free agent signings and draft picks heading into the 2024 season. The episode also pays tribute to the late Terez Paylor and encourages support for his legacy through various avenues.
Source: YAHOO
Reported 6 months ago
Amazon's cloud services division clarified that it has not stopped any orders of Nvidia's most advanced chip but has chosen to procure Nvidia's newer Blackwell chip for an upcoming supercomputer project with Nvidia, as reported by Reuters. The transition from Nvidia's Grace Hopper chips to Blackwell chips specifically applies to Project Ceiba, a joint supercomputer project between Amazon Web Services (AWS) and Nvidia, while AWS continues to offer services based on Nvidia's Hopper chips for AI training. The Financial Times initially reported that orders had been fully transitioned, but later amended the story to clarify that the orders had not yet been placed.
Source: YAHOO
Reported 6 months ago
The New York Jets are gearing up for the 2024 season with high expectations after acquiring quarterback Aaron Rodgers, who impressed during the team's first media-open Organized Team Activity. With notable players absent, Rodgers stood out with a strong performance, showcasing no signs of his previous injury. The Jets are also focusing on building consistency on the offensive line and are implementing new strategies with cornerback Sauce Gardner expected to shadow top opponents. Additionally, the team is excited about the arrival of pass rusher Haason Reddick and the potential of young players like undrafted rookie Eric Watts.
Source: YAHOO
Reported 6 months ago
A wife expresses regret on TikTok after making her husband shave his beard, realizing she preferred his bearded look. The video garnered over 38 million views, with commenters comparing his transformation from "Viking to Kate Moss" and "Thor to Steve Harrington." In a similar viral video, a daughter sweetly reacts to her father's newly shaved face, complimenting his soft skin and calling him "beautiful," touching viewers with the wholesome moment.
Source: YAHOO
Reported 6 months ago
Despite record job gains and solid economic growth during Joe Biden's presidency, consumer confidence remains weak and his approval ratings poor. A new Federal Reserve analysis of household finances found that 72% of consumers reported they were doing "at least OK" financially, down from 78% in 2021 and matching a low reached in April 2020. The pandemic's impact is still shaping consumer attitudes, with many feeling worse off now compared to the abnormal financial security experienced during COVID years due to federal aid programs that have since ended. Working parents have been particularly affected, with the child poverty rate increasing after a stimulus measure expired in 2021. Food inflation is a major concern, with 35% of respondents citing it as a problem, especially the rising cost of groceries. Despite challenges, there have been improvements, such as an increase in non-retirees feeling their retirement savings plan is on track and retirees reporting financial stability.
Source: YAHOO
Reported 6 months ago
The Minnesota Timberwolves, led by Anthony Edwards, are set to face the Dallas Mavericks in the 2024 Western Conference finals, marking their first postseason meeting since 2002. The Timberwolves advanced by overcoming the Denver Nuggets, while the Mavericks relied on strong performances from their role players to defeat the Thunder. The matchup will feature key players like Luka Dončić and Karl-Anthony Towns, with the Wolves holding home-court advantage. The series is predicted to be a closely contested battle, with the Timberwolves favored to win in seven games.
Source: YAHOO
Reported 6 months ago
A recent trend on TikTok involves adding baking powder to a mix of Greek yogurt and pudding to create light and fluffy yogurt, particularly popular in the fitness community. The chemical reaction between the baking powder and the acidic yogurt creates a foamy texture, but it leaves a metallic and fizzy taste that may be unpleasant for some. While it's generally safe to consume these ingredients in moderation, excessive intake can lead to health issues. Instead of this trendy recipe, the article suggests alternative methods like whipped yogurt or mixing cottage cheese with yogurt for a similar texture without the unwanted taste.
Source: YAHOO
Reported 6 months ago
Interest on the US national debt is on track to surpass defense spending, reaching $900 billion this year, becoming one of the top three challenges to balancing the national budget. This situation is attributed to the government borrowing large amounts of money and increasing interest rates. The unsustainable problem may lead to adverse market reactions and potential downgrades in the US credit rating, forcing politicians to address the issue.
Source: YAHOO
Reported 6 months ago
In the NBA Western Conference Finals, the Minnesota Timberwolves are facing the Dallas Mavericks, a matchup that many did not expect. The Timberwolves, known for their strong defense led by rising star Anthony Edwards, are favored to win. However, experts believe that Edwards may find it challenging to score against the Mavericks due to their defensive lineup. Despite the unexpected matchup, the series promises to be competitive and full of star power and storylines.
Source: YAHOO
Reported 6 months ago
The Art Directors Guild has elected Dina Lipton as its president, making her the first woman to hold the position, succeeding Nelson Coates. Lipton will lead a board where all four top-ranking posts are held by women, including Kristen Davis as vice president, Helen Harwell as treasurer, and Judy Cosgrove as secretary. The executives will serve three-year terms starting June 1, 2024. ADG National Executive Director Chuck Parker expressed excitement for the milestone of having an all-female leadership team, highlighting the leadership they will provide over the next three years.
Source: YAHOO