Reported 8 months ago
In after-hours trading, e.l.f. Beauty's stock is falling due to lower-than-expected projections for the 2025 fiscal year despite beating fourth-quarter earnings estimates, while Snowflake's stock is rising after the software company exceeded first-quarter earnings expectations and raised its full-year product revenue guidance. Additionally, Dupont's stock received a boost after announcing a plan to split into three companies, separating its electronics and water divisions.
Source: YAHOO
Reported 8 months ago
Mubadala Investment Co.'s unit is looking to raise $950 million by selling shares of GlobalFoundries Inc., two years after the chipmaker's IPO. The subsidiary is offering shares at $50.75 to $52.50 each, with plans to repurchase $200 million of the shares at the offering price. This sale, consisting of secondary shares, is the largest shareholder Mubadala's move to reduce its stake in GlobalFoundries from 85%. Morgan Stanley and Bank of America Corp. are underwriting the offering.
Source: YAHOO
Reported 8 months ago
George R.R. Martin announced that HBO's upcoming Dunk-and-Egg spinoff, "A Knight of the Seven Kingdoms," will have a much different tone from "Game of Thrones" and "House of the Dragon," being shorter with smaller stakes. Based on Martin's novellas, the series follows Ser Duncan the Tall and his squire, Egg, set in an era with the Targaryen line ruling. The show is set to debut in 2025, potentially covering the events of the first novella, with plans to adapt more if successful.
Source: YAHOO
Reported 8 months ago
In a Yahoo Finance video, Lou Basenese, President and Chief Market Strategist at Public Ventures, discusses Nvidia's first-quarter earnings beat and 10-for-1 stock split announcement, noting the company's continued market momentum. Basenese highlights the potential for Nvidia to become a $3 trillion market cap company but suggests that for significant growth potential, smaller-cap stocks might be more promising. He also mentions Microsoft's ability to drive AI products to market and identifies Apple as a "sleeper AI play," emphasizing the impact of Apple's 2 billion active devices on the potential for AI integration. Basenese views Apple as a company that may come in late to the market but ultimately emerges as a leader due to its iterative approach.
Source: YAHOO
Reported 8 months ago
Broadway's 2023-2024 season box office hit $1.5 billion, with attendance holding steady compared to the previous year but still lagging by nearly 17% from pre-pandemic levels, according to figures released by the Broadway League. The season featured 71 productions that collectively grossed $1.54 billion, with about 12.3 million in attendance. While the numbers are similar to post-pandemic levels, Broadway has not fully recovered from the Covid shutdown, as evidenced by the record-setting pre-Covid season of 2018-2019. The season included 39 new productions, with a mix of musicals, plays, and special engagements, showcasing the diversity and variety of offerings on Broadway.
Source: YAHOO
Reported 8 months ago
BHP Group has been granted an additional week to persuade Anglo American Plc on its $49 billion takeover proposal, with discussions ongoing after BHP raised the bid for the third time. The main obstacle remains the disagreement over BHP's insistence on Anglo spinning off its majority stakes in two South African miners before proceeding with the deal. While progress has been made in aligning on valuation, the issue of who will cover costs imposed by the South African government remains a sticking point. The deal, if successful, would create the largest copper producer, but concerns persist over the deal's structure and potential impacts on current shareholders. The deadline for BHP to commit to a firm offer is set for May 29, coinciding with South Africa's national election, with approvals needed from various authorities including competition authorities and the central bank.
Source: YAHOO
Reported 8 months ago
Ademola Lookman scored a hat-trick in the Europa League final, leading Atalanta to a 3-0 victory over Bayer Leverkusen. This marked a significant milestone in Lookman's career, showcasing his talent and determination. Atalanta, guided by manager Gian Piero Gasperini, outclassed Leverkusen, who had arrived with an unbeaten streak of 51 matches. Leverkusen, under Xabi Alonso, were aiming for a historic treble but were overwhelmed by Lookman's outstanding performance and Atalanta's aggressive tactics.
Source: YAHOO
Reported 8 months ago
The NYPD has seized over 800 vehicles in the past three months in collaboration with other law enforcement agencies to combat the issue of "ghost cars" and reckless drivers in New York City. These operations resulted in 184 arrests, 6,082 summonses issued, and the identification of over $6.5 million in unpaid tolls, fines, and penalties associated with the vehicles. "Ghost cars" typically have fake or fraudulent license plates, aiding criminals in evading police. The crackdown, which also targets unlicensed drivers, involves using license plate readers at bridge crossings to identify offenders. One recent operation at the Whitestone Bridge led to the arrest of a driver who attempted to flee but crashed into a tow truck.
Source: YAHOO
Reported 8 months ago
Yankees manager Aaron Boone provided injury updates, revealing that DJ LeMahieu is expected to rejoin the team in Anaheim if he gets through the weekend rehab games without issues. Additionally, Gerrit Cole felt fine after his first live BP since being on the IL, and he is slated to have another live BP session this weekend as he eyes a potential return in June. Other bullpen reinforcements like Ian Hamilton and Scott Effross are also progressing well towards activation, with JT Brubaker expected to join the team sometime this season.
Source: YAHOO
Reported 8 months ago
D.A. Davidson Managing Director Gil Luria joined the show to discuss why he believes Nvidia is not a stock to buy despite surpassing revenue and profitability expectations in its first-quarter earnings report. Luria noted the high demand for Nvidia's products due to an "arms race" among tech companies for generative AI capacity but cautioned that emerging competitive threats could lead to a revenue decline in the future, making Nvidia not a stock to buy at the moment.
Source: YAHOO
Reported 8 months ago
Yankees owner Hal Steinbrenner attributes the team's strong start and improved health to new clubhouse technology, including red light therapy, infrared saunas, and hyperbaric chambers. With key players returning from injuries and newcomer Juan Soto performing well, Steinbrenner is confident the team can make a playoff comeback after a one-year absence. The Yankees lead the major leagues with a 2.92 ERA, and Steinbrenner is pleased with the pitching performances, especially by young rookie Luis Gil. Despite financial constraints, Steinbrenner remains optimistic about the team's prospects for the season.
Source: YAHOO
Reported 8 months ago
Nvidia CEO Jensen Huang is being hailed as the 'man of the year' after Nvidia (NVDA) shares surged in extended trading following the company's fiscal first-quarter 2025 earnings report, which beat estimates with revenue of $26 billion and adjusted earnings of $6.12 per share. The chip giant also announced a 10-for-1 stock split scheduled for June 7. Defiance ETFs CEO and CIO Sylvia Jablonski praised Nvidia's performance, highlighting the impact of AI on various industries and calling Nvidia "the bellwether of the market." The positive news is expected to have a significant impact on tech megatrends and the overall market.
Source: YAHOO
Reported 8 months ago
Charles Schwab Corp. is set to introduce an alternative investments platform in phases for individual investors this year, offering access to private equity, venture capital, private credit, and long-short exchange funds. The platform will be available for qualified self-directed investors with over $5 million in assets, following the recent integration of TD Ameritrade Holding Corp. Executives revealed this plan at the firm's institutional investor day in Westlake, Texas, with the new offerings aiming to diversify investment options for high-net-worth individuals.
Source: YAHOO
Reported 8 months ago
The impending NCAA settlement in the federal House v. NCAA case, which calls for approximately $2.8 billion to be paid to players who were denied revenue opportunities from their name, image, and likeness, could potentially save March Madness and the NCAA as we know it. The settlement framework shifts the bulk of the payments away from big-name schools towards smaller conferences, with the NCAA and 27 leagues covering most of the costs over the next 10 years. This financial burden may deter major conferences from breaking off and forming a super league, at least for the foreseeable future.
Source: YAHOO
Reported 8 months ago
The New York Mets faced a demoralizing 6-3 loss to the Cleveland Guardians, capping off a disappointing 2-6 road trip where they find themselves seven games under .500. Despite the struggles, Francisco Lindor and Brandon Nimmo emphasize the need to learn and improve, with Lindor expressing confidence in the team's potential. With a tough road behind them, the Mets look to regroup before a critical nine-game homestand starting against the San Francisco Giants.
Source: YAHOO
Reported 8 months ago
The Texas Rangers, defending champions, are struggling in the 2024 season after a promising start, currently below .500 and facing fierce competition in their division. Despite offensive setbacks and pitching issues due to injuries, there is optimism for a return to championship form with a talented roster once key players recover. As the season progresses, the Rangers aim to rediscover their winning ways and secure their spot as playoff contenders in a competitive league.
Source: YAHOO
Reported 8 months ago
RBC Capital Markets Software Equity Analyst Rishi Jaluria and Macquarie Head of US AI and Software Research Frederick Havemeyer discuss top AI plays in cybersecurity and other sectors outside major tech companies and chipmakers. Havemeyer suggests CrowdStrike as a strong player in cybersecurity benefiting from generative AI advancements, while Jaluria highlights Zoom as an underappreciated AI tool for sales and HR tasks. Both analysts share insights on potential benefits within companies like Salesforce in the AI space.
Source: YAHOO
Reported 8 months ago
The Try Guys announced that Eugene Lee Yang is leaving the group to pursue other projects, coinciding with the launch of a new subscription streaming service away from YouTube. Despite the bittersweet farewell, the group expressed excitement for the future and their new venture. The subscription service, 2nd Try, offers ad-free and exclusive content for $4.99 a month, with plans to expand their cast and connect more directly with viewers.
Source: YAHOO
Reported 8 months ago
Nvidia's latest earnings report exceeded expectations for revenue and profitability, causing its stock to rise by nearly 3% in after-hours trading. Analysts discuss the implications of Nvidia's performance on the broader semiconductor market, highlighting the company's strong gross margins and upcoming stock split. Other semiconductor stocks like Super Micro and Arm also showed positive trends in after-hours trading.
Source: YAHOO
Reported 8 months ago
巴尔的摩乌鸦队球员拉玛·杰克逊在今年春季的OTAs上出现時體態更纖瘦，他在周三的新聞发布会上討論了自己減肥的原因。杰克逊最近透露自己體重降至205磅，比去年的215磅和2022年的230磅輕。他表示減重是因為希望增加敏捷度，使之恢復到幾年前的水平。雖然杰克逊可能更靈活，但對於他的耐久性可能會有一些問題。杰克逊認為體重其實不重要，並且看起來他將在今年晚些時候進行考驗。
Source: YAHOO
Reported 8 months ago
Nvidia（NVDA）发布2025财年第一季度业绩报告时受到广泛关注。这家科技巨头的调整后每股收益为6.12美元，超出街头预期的5.65美元。260.4亿美元的营收超过彭博共识的246.9亿美元，较去年同期增长262%。数据中心营收从去年同期的226亿美元增长了427%，超过了211.3亿美元的预期。Nvidia还宣布进行10对1的股票拆分，将在6月7日市场收盘后进行。公司还将股息从0.04美元提高到0.10美元，公司表示这相当于拆股后每股0.01美元。对于第二季度，Nvidia预计营收为280亿美元左右，加减2%，而市场预期为266亿美元。Yahoo Finance的Julie Hyman，Dan Howley和Josh Lipton对Nvidia的最新季度报告进行了解读。
Source: YAHOO
Reported 8 months ago
演員 Matt Dillon 在康城電影節紅地毯上展現鹽與胡椒色的髮型和鬍渣。
Source: YAHOO
Reported 8 months ago
Commissioner Roger Goodell clarified that discussions on adding an 18th game to the NFL's regular season are not imminent, despite previous comments. Goodell mentioned considering a later Super Bowl date and schedule adjustments at league meetings in Nashville, emphasizing a focus on long-term planning. Critics are concerned about health and safety implications of an expanded schedule without additional bye weeks, with any changes requiring negotiation with the players union. The NFL's recent international expansion and fan preferences, leaning towards more regular-season games over preseason matches, are also part of the ongoing conversations.
Source: YAHOO
Reported 8 months ago
When Aidan O'Connell joined the Las Vegas Raiders as a rookie quarterback and was assigned the No. 4 jersey previously worn by Derek Carr, he felt it was disrespectful to keep it. O'Connell decided to wear No. 12 instead, expressing his admiration for Carr and returning the number to him. The Raiders have since given the No. 4 jersey to wide receiver Jalen Guyton.
Source: YAHOO
Reported 8 months ago
Microsoft unveiled Copilot+ PCs at its Build conference, featuring AI capabilities for general workflows. Analysts Rishi Jaluria and Frederick Havemeyer share insights on the impact of these AI PCs. Jaluria sees a significant shift towards wider AI adoption, especially for knowledge workers, while Havemeyer emphasizes the potential of large language models in appealing to consumers over time. The increasing demand for AI in various sectors, with 80% of CIOs expecting AI integration in the next year, indicates vast opportunities for AI technology growth.
Source: YAHOO