Reported 11 months ago
Mexico's peso plummeted after the ruling party leader in the lower house announced intentions to pass President Andres Manuel Lopez Obrador's proposed reforms that might increase government power. The prospect of reforms before President-elect Claudia Sheinbaum takes office in October led to the peso dropping nearly 3% to 18 per dollar, the worst among major currencies. Investors' concerns about potential reforms and the removal of checks on the ruling party's authority caused shockwaves in Mexican assets, with the peso losing over 5% post-election.
Source: YAHOO
Reported 11 months ago
Hayfin Capital Management，這家專注私人信貸的公司去年開始探索出售，現已決定將這些計劃擱置，轉而進行管理層買斷交易，擁有消息人士透露。該公司管理團隊正在與潛在融資提供方進行洽談，以期從卑詩省投資管理公司手中買回大部分股權。該管理層買斷交易預期將使公司估值約為12億歐元（13億美元）。
Source: YAHOO
Reported 11 months ago
Source: WSJ
Reported 11 months ago
As the average rate on a 30-year fixed mortgage falls to 6.99%, homebuyers are facing a bittersweet market where rates have dipped below 7%, but high home prices continue to challenge affordability. Despite growing housing inventory, low buying activity persists due to the pressure from elevated rates and home prices. Mortgage applications have declined, with purchases down 4% and refinances down 7%, leading to a 13% decrease in demand compared to last year. Experts highlight the need for more housing inventory to alleviate tough affordability conditions.
Source: YAHOO
Reported 11 months ago
《華爾街日報》記者透過本週的一系列文章深入探討了不斷升級的全球晶片競爭，討論焦點為在未來十年預計將增長一倍至1兆美元的龐大產業。南韓以及台灣作為亞洲的晶片製造冠軍，是美國盟友，但在晶片領域上卻日益成為友好競爭對手，並積極擴展資源以保持領先地位。亞洲在晶片製造方面仍保持優勢，但美國的未來進展仍具挑戰性，也可能面臨台灣海峽或朝鮮半島可能的軍事衝突風險。南韓和台灣政府正在積極支持晶片製造業，並提供資金和政策支持來增強實力競爭。
Source: YAHOO
Reported 11 months ago
Zoo Atlanta captured heartwarming footage of gorilla dad Willie B. Jr. playing with his son Willie B. III, resulting in the baby gorilla erupting into fits of laughter. The video shows the duo bonding and having fun together, with the baby gorilla displaying an extreme case of gorilla giggles while rolling around with his dad on the floor. The sweet moment has captivated viewers, with many commenting on the adorable interaction between the father and son gorilla.
Source: YAHOO
Reported 11 months ago
JPMorgan and Citigroup are among the few banks still forecasting a US interest-rate reduction next month, in contrast to traders who expect steady rates until November based on swap rates. The release of Friday's job data will likely reveal whether market analysts or the banks are closer in their predictions regarding Federal Reserve monetary policy, as data signal a strengthening case for rate cuts earlier than initially expected.
Source: YAHOO
Reported 11 months ago
WisdomTree Global CIO, Jeremy Schwartz, discusses India's strong long-term growth prospects, citing favorable demographic profiles and ongoing expansion goals under reelected Prime Minister Narendra Modi. Despite initial election volatility, Schwartz remains optimistic about India's economy and compares its growth story to China's past. He also comments on the challenges faced by US small caps due to high inflation. For more insights and market updates, watch the full episode of Market Domination.
Source: YAHOO
Reported 11 months ago
Jordan Graft, CEO of Highway, highlighted the increasing presence of corruption and fraudsters in the trucking sector at a FreightWaves event. Graft emphasized the importance of enhancing brokers' capabilities to combat identity theft, double brokering, and other fraudulent activities costing the industry over $100 million annually. Highway, focusing on digital identity solutions, aims to streamline broker-carrier interactions while prioritizing security measures to reduce friction and enhance broker performance.
Source: YAHOO
Reported 11 months ago
The NASCAR Cup Series heads to Sonoma Raceway for the Toyota/SaveMart 350, with the track undergoing a recent repave. Despite favorite Martin Truex Jr. at +550, value picks include Chris Buescher to Win (+1400), Denny Hamlin to Win (+2000), Kyle Busch to finish Top 10 (+140), and Chase Elliott to finish Top Five (+155). Buescher has excelled at Sonoma in the Next Gen car, while Hamlin is a threat with strong recent finishes. Busch aims to secure a playoff spot, and Elliott, consistent on road courses, aims for another Top Five finish. Betting details and strategies outlined for each driver.
Source: YAHOO
Reported 11 months ago
New York developer Durst Organization secured new equity and debt for a Long Island City apartment building valued at over $700 million, with equity partner Affinius Capital taking a less than 50% stake worth over $100 million. The property also secured $450 million in debt financing from Wells Fargo & Co. The building, called Sven, completed in 2022 with 958 units, including affordable ones, is part of the Affordable New York program and has a 35-year tax abatement until 2058.
Source: YAHOO
Reported 11 months ago
WisdomTree Global CIO Jeremy Schwartz discusses the European Central Bank's first interest rate cut since 2019, moving rates to 3.75% from 4%, and the potential impact on the Federal Reserve's next interest rate decision. As the ECB emphasizes data-dependency and refrains from committing to further cuts, Schwartz highlights the possible volatility in investing in Europe and suggests focusing on cheaper stocks rather than going long on the euro. Schwartz notes that with inflation decreasing, the Fed may not need to be as restrictive, but the key lies in the data they monitor and their confidence levels.
Source: YAHOO
Reported 11 months ago
Source: WSJ
Reported 11 months ago
《雅虎體育》2024賽季的數據和趨勢：新秀廣收容生產持續激增。Matt Harmon和Scott Pianowski在節目中進行了有關新秀廣收容生產的深度挖掘，觀察了過去十個賽季新秀廣收容的歷史數據，以了解新秀廣收容從一開始就變得更加適合魔幻足球。兩人在節目的後半部分試圖確定在這個班級中哪些新秀您可以信任，帶來即時的幻想成功。
Source: YAHOO
Reported 11 months ago
The U.S. Postal Service urges dog owners to secure their pets to prevent dangerous interactions after reporting over 5,800 dog bites in 2023. The agency's campaign, 'Don't let your dog bite the hand that serves you,' aims to raise awareness on safe mail delivery and employee safety, especially after incidents like a mail carrier's recent dog attack in Pennsylvania. The campaign provides tips for responsible pet ownership and precautions for both owners and postal workers.
Source: YAHOO
Reported 11 months ago
Emerson Electric Co. has agreed to sell its 40% equity ownership in the Copeland joint venture to Blackstone in a $3.5 billion deal, marking the U.S. industrial firm's exit from the business as part of a strategic focus on automation. The deal is expected to close in the second half of 2024, and the after-tax cash proceeds of $2.9 billion will be used to pay down debt. The transaction will also see investment from the Abu Dhabi Investment Authority and Singapore state fund GIC alongside Blackstone.
Source: YAHOO
Reported 11 months ago
On Thursday, major US stock indexes saw a mixed close as the S&P 500 ended slightly lower following a record-setting day, the Dow Jones rose 0.2%, and the Nasdaq dipped 0.1% after reaching its own record. Retailers struggled, and Nvidia's stock fluctuated after surpassing $3 trillion in total value. European stocks saw modest gains after the European Central Bank reduced its main interest rate. The S&P 500 fell marginally, the Dow Jones rose, the Nasdaq fell slightly, and the Russell 2000 declined. Weekly and yearly gains and losses were also reported for each index.
Source: YAHOO
Reported 11 months ago
根據知情人士透露，蘋果公司將於下週推出一款名為Passwords的新應用程式，旨在幫助客戶更輕鬆地登入網站和軟體。此應用程式將基於iCloud Keychain，可以生成密碼並記錄它們，將於6月10日在蘋果的全球開發者大會上揭曉。藉此蘋果希望鼓勵更多人使用安全的密碼，同時挑戰第三方軟體如1Password和LastPass。
Source: YAHOO
Reported 11 months ago
主要股指 (^DJI,^GSPC, ^IXIC) 於星期四收盤基本持平，投資者在等待五月就業報告的消息。他們期望找到勞動市場降溫的跡象，以期刺激美聯儲盡早降息。雅虎財經的朱莉·海曼（Julie Hyman）和賈里德·布里克（Jared Blikre）爲您解讀市場動態。欲了解更多專家見解和最新市場情況，請點擊這裡觀看Market Domination Overtime的完整節目。此文章由Stephanie Mikulich編寫。
Source: YAHOO
Reported 11 months ago
In a recent episode of Good Buy or Goodbye, Howard Capital Management CEO Vance Howard discussed the market performance of Salesforce (CRM) and Spirit Airlines (SAVE). Howard recommends buying into Salesforce, despite a recent dip, citing oversold conditions, undervaluation, AI-driven growth, and subscription-based revenue potential. Conversely, he advises against investing in Spirit Airlines due to a significant decrease in share value, failed merger with JetBlue, increasing debt, and challenges with fleet maintenance, suggesting the possibility of bankruptcy. For more insights, watch the full episode of Market Domination.
Source: YAHOO
Reported 11 months ago
The documentary 'Queer Planet' challenges the traditional perception that most forms of life reproduce strictly heterosexually, revealing the true diversity of sexuality in the animal kingdom. Featuring a mix of humor and important insights, the film celebrates the presence of queerness in nature and sheds light on how centuries of research into same-sex behavior in the animal kingdom were hidden or ignored. Narrated by Andrew Rannells, the documentary is both smart and silly, offering a unique perspective on the sex habits of various species and the portrayal of queer animals on film.
Source: YAHOO
Reported 11 months ago
Hertz is selling off its Tesla fleet at a discounted price due to a drop in demand for electric vehicles, with a significant decrease in the price of used EVs and Teslas. This move comes after Hertz faced high expenses related to collision and damage primarily with EVs, resulting in a $195 million write-down in the first quarter. The company is rushing to offload 30,000 EVs and has been selling Teslas at a nationwide average price of approximately $25,000 since January.
Source: YAHOO
Reported 11 months ago
A legal expert has commented that the timing of Alec Baldwin and his wife Hilaria announcing a reality show about their family coming to TLC in 2025 is 'not ideal' considering his ongoing Rust case, as Baldwin faces involuntary manslaughter charges following the fatal 2021 Rust shooting. The legal expert emphasizes that while some may find the reality show in poor taste, it is unlikely to impact the trial's outcome, as the legal process will run its course independently. The expert also notes that the show may focus more on Hilaria and parenting a large family, rather than being a legal ploy by Baldwin.
Source: YAHOO
Reported 11 months ago
In a stunning US trial verdict, UK tech tycoon Mike Lynch has been acquitted of criminal charges related to allegedly duping Hewlett Packard Co. into acquiring his software startup for $11 billion, marking a significant legal victory after a previous civil trial in London. After a three-month trial with Lynch as a witness, including allegations of revenue manipulation and fraud, Lynch has been found not guilty, allowing him to return to the UK and focus on his family and innovations.
Source: YAHOO
Reported 11 months ago
GameStop股票飙升47％，因為 "Roaring Kitty" 宣布直播，揭示3.82億美元的未實現收益。股票在周四上漲47％後，週五盤前交易中飙升33％。Youtube帳戶與投資者Keith Gill（社群名 "Roaring Kitty"）相關聯，計劃在週五中午東部時間進行直播。DeepF***ingValue的Reddit用戶後來發布新的截圖，顯示他們的投資組合擴大到5.86億美元，其中包括GameStop的股票持有和未執行選項。在社交媒體上再次出現後，GameStop股票出現過山車式波動。
Source: YAHOO