Reported about 1 year ago
The hotter-than-expected May jobs report has impacted broader market trading in the US, with major indexes slightly down. Yahoo Finance's Rick Newman explains how the report may influence Biden's campaign and highlights the electorate's shifting economic priorities. Despite significant job growth under Biden's administration, voters are more concerned about prices and inflation, suggesting that a strong job market may not necessarily benefit Biden's chances of reelection due to ongoing concerns over inflation and rising prices.
Source: YAHOO
Reported about 1 year ago
BlackRock公司的一支目標配置模型團隊增加了對發展中市場成長股的敞口，將數十億美元投入追踪該領域的交易所交易基金。根據知情人士透露，該資產管理公司的模型再平衡是iShares S&P 500 Growth ETF（代碼IVW）吸引了29億美元以及iShares MSCI EAFE Growth ETF（代碼EFG）吸引了14億美元的主要原因。 IVW今年迄今已增長近19％，表現優於標普500約12％的上漲幅度。成長基金對Nvidia Corp.的權重接近12％，這支股票支撐了今年的股市漲勢。
Source: YAHOO
Reported about 1 year ago
Tarek El Moussa reflects on repairing his relationship with ex-wife Christina Hall, as they prepare to compete in a house flipping competition show with their respective partners. El Moussa shared on 'The Tamron Hall Show' how witnessing his parents' amicable post-divorce relationship inspired him to mend his bond with Hall, emphasizing the importance of letting go of the past. The upcoming HGTV series, 'The Flip Off,' will feature the couples going head-to-head in a house renovation challenge.
Source: YAHOO
Reported about 1 year ago
Meta Platforms Inc. and other social media companies have successfully had novel claims dismissed in lawsuits brought by school districts seeking to recover costs for addressing the negative impacts of students’ social media use, with a California state judge ruling in favor of the companies. The districts alleged that social media platforms are addictive and dangerous for youths, engineered to be addictive, but the judge asserted that holding companies liable for emotional harm could lead to limitless liability. The cases are among hundreds claiming social media's negative effects on education and society, with judges also overseeing separate personal injury suits against the companies.
Source: YAHOO
Reported about 1 year ago
During Walmart's shareholder meeting in Bentonville, Arkansas, Walmart's executive vice president for corporate affairs, Dan Bartlett, mentioned that the initial public offerings (IPOs) of Walmart's Flipkart marketplace and PhonePe digital payments platform could take a couple of years to materialize. Bartlett indicated that PhonePe's IPO might come before Flipkart's, despite Flipkart being a more established business. PhonePe, based in India, is highlighted as one of the largest payment platforms in the country, with a strong tie to India's Unified Payments Interface (UPI). Bartlett emphasized the need to navigate through various processes before going public, with considerations about listing on the Indian exchange or other platforms. Walmart's CFO previously projected that Flipkart and PhonePe could potentially become $100 billion businesses. PhonePe recently reported a substantial revenue surge for 2023, attributing its growth to the increasing usage of its platform in India's thriving digital payments market, where it holds a significant market share.
Source: YAHOO
Reported about 1 year ago
Alexander Zverev overcame a slow start and an ailing Casper Ruud to win their French Open semi-final, securing a spot in the final against Carlos Alcaraz. Zverev won 2-6, 6-2, 6-4, 6-2, becoming the second German man to reach the French Open final in the Open Era. Although Ruud dealt with a stomach issue during the match, Zverev's dominance ultimately led to his victory, marking his first appearance in a Roland Garros final and a chance at his first grand slam title.
Source: YAHOO
Reported about 1 year ago
Bernstein董事总经理兼高级分析师Stacy Rasgon表示，Broadcom在领域从半导体和软件到基础设施都有不同的业务部门。他将Broadcom与谷歌和Facebook等科技巨头合作，这些公司正在制造和扩展自己的芯片。Rasgon解释说，AI网络与计算同等重要，并且Broadcom在这方面是最具影响力的。他指出，Broadcom今年AI收入的预期指导超过100亿美元，约占其整体半导体业务的三分之一。
Source: YAHOO
Reported about 1 year ago
Chanel's top designer's departure has sparked speculation on the future direction of the luxury goods industry, with major players like Chanel and LVMH increasing prices significantly over the past years. RBC estimates show product prices have risen by 33% on average since 2019, accounting for half of the industry's organic sales growth. As living costs rise globally, consumers are becoming more selective, challenging luxury brands' pricing strategies. Chanel, the second-largest luxury label, reported 16% sales growth last year, with price hikes driving more than half of the increase. Concerns over pricing and limited growth prospects are also arising among investors in rival luxury companies. The industry is rethinking its pricing strategies to appeal to a broader range of consumers while justifying the high prices.
Source: YAHOO
Reported about 1 year ago
A viral video of a fearless bear fighting off two alligators while swimming in a Florida river has been circulating online. The incident was captured by kayaker Tyler Futrell on the St. Johns River. The bear managed to fight off both alligators in separate encounters before swimming away. The video has gained attention for the unusual animal showdown.
Source: YAHOO
Reported about 1 year ago
特斯拉（TSLA）股東正準備在首席執行官埃隆·馬斯克史無前例的560億美元薪酬方案上作出重要的表決。這一高度期待的決定將在公司股東大會於6月13日星期四公佈。雅虎財經的普拉斯·蘇布拉馬尼安對此進行了分析，討論了特斯拉獨立董事對這一巨額薪酬方案批準的支持。欲了解更多專家見解與最新市場行動，請點擊此處觀看《市場主宰》的完整一集。
Source: YAHOO
Reported about 1 year ago
Guy Fieri's 18-year-old son Ryder recently marked the end of his high school career by sharing a collection of family photos on Instagram, captioned 'Senior year in the books🙏🏼❤️.' The post included pictures of Ryder with his father Guy, older brother Hunter, sports teammates, girlfriend Sophie at prom, and the whole family, hinting at a 'bright future ahead.' Ryder's upcoming move to San Diego State University in the fall has left his mother Lori feeling emotional, as revealed by Guy in a recent interview. The Fieri family has been documenting Ryder's high school milestones on social media, stirring up sentimental emotions as they prepare for this new chapter.
Source: YAHOO
Reported about 1 year ago
Source: NBCSPORTS
Reported about 1 year ago
Nvidia has announced a 10-for-1 stock split to make shares more affordable. Analyst Stacy Rasgon believes the split won't significantly impact the stock, which he considers relatively inexpensive compared to the company's growth potential driven by Blackwell and Rubin chips in the AI space. While short-term concerns revolve around meeting market expectations, the main worry lies in ensuring sufficient returns on the massive investments being made for long-term structural sustainability.
Source: YAHOO
Reported about 1 year ago
Whitney Caves, a mom and licensed professional counselor from Mississippi, advocates for parents not to feel pressured in making summer a perfect time for their kids. She emphasizes that real life continues through summer, and it's okay for families to be in difficult seasons. Caves urges parents not to compare themselves to others on social media, suggesting that simple activities like using a $10 sprinkler and staying up late can go a long way. She also encourages setting boundaries with social media, highlighting the importance of focusing on real-life richness and messiness.
Source: YAHOO
Reported about 1 year ago
Nvidia首席执行官黄仁勋的财富已超过计算机行业先驱迈克尔·戴尔，达到了约 1061 亿美元，随着其公司的市值达到 3 万亿美元。黄仁勋的个人财富今年已增长超过 620 亿美元，他率领者一波AI技术亿万富翁浪潮。作为Nvidia的联合创始人，他拥有公司 3.5% 的股份。与此同时，迈克尔·戴尔也享受着AI成功带来的增长，但因公司股价回落，财富在一天内减少约 120 亿美元。Nvidia如今在高端加速器市场占据主导地位，暗示其强劲势头并计划每年升级AI加速器。
Source: YAHOO
Reported about 1 year ago
During the system upgrade of Taiwan New Bank, the Street Corner payment app will also be affected, with users unable to use the app to top up, withdraw, or transfer funds in their Street Corner accounts. While automated services and financial card transactions will be suspended from 00:00 to 24:00 on June 8th, an alternative payment method has been provided by the official for users to use during this period of interruption.
Source: YAHOO
Reported about 1 year ago
Suri Cruise, the 18-year-old high school senior and daughter of Katie Holmes and Tom Cruise, hinted at her plans to attend Carnegie Mellon University in a TikTok video celebrating her senior class' chosen colleges. Suri has been involved in her mother's film projects, expressing her close bond with Holmes in various creative endeavors. Holmes has dedicated her recent film to Suri, emphasizing the importance of their relationship in her work.
Source: YAHOO
Reported about 1 year ago
Speculative fervor in risky assets is evident as investing pros closely followed a meme-stock guru's large position in GameStop Corp., despite the bond market's decline. Wall Street remains bullish regardless of strong economic data impacting interest-rate cut projections. Market focus indicates confidence in continued growth, with Cathie Wood's fund rising, increased investments in junk bonds and crypto, and low cross-asset volatility. Stocks show higher panic levels in rallies than selloffs, with risk-taking strategies prevalent in the market amid ongoing economic shifts and the revival of day-trading heroes like Gill sparking speculative spirits.
Source: YAHOO
Reported about 1 year ago
After the New York Rangers fell short in the playoffs to the Florida Panthers, GM Chris Drury is considering all options for the team's core group this offseason. Drury emphasized that nothing is off the table, as the Rangers aim to improve and move closer to their ultimate goal. With key players underperforming in critical moments, the team is looking to add a proven scorer and become more physically competitive. Drury is exploring various internal and external options to strengthen the team and is focused on making significant changes ahead of the upcoming season.
Source: YAHOO
Reported about 1 year ago
The US Federal Communications Commission asked the 6th Circuit Court of Appeals in Ohio to transfer industry legal challenges to its decision to reinstate net neutrality rules to a federal court in Washington, arguing it would be more efficient. The court oversees the lawful contours of the rules, which were reinstated in April to ensure equal treatment of internet data by ISPs. Additionally, the FCC rejected industry requests, including AT&T and Comcast, to halt the order's effect in July, stating it could hinder national security objectives. President Biden reinstated net neutrality as a priority, reversing the Trump-era stance that claimed the rules hindered innovation and investments.
Source: YAHOO
Reported about 1 year ago
Neuberger Berman Climate Innovation Portfolio Manager Evelyn Chow discusses the industrial sector's involvement in the AI and electrification space, highlighting Nvent Electric as a leader in liquid cooling critical for AI data centers. Industrial companies are seen to be keeping pace with tech giants due to their participation in AI. Chow emphasizes the importance of clean energy for data centers and suggests companies like Eaton and Xylem as key players in the AI electrification theme, focusing on energy efficiency and water infrastructure, respectively.
Source: YAHOO
Reported about 1 year ago
Bundesbank President Joachim Nagel mentioned that the European Central Bank's decision to cut interest rates was a logical response to improving inflation trends in the euro zone. Despite recent acceleration in inflation and wage growth, President Christine Lagarde expressed confidence in policymaker's progress toward the 2% target. Nagel believes the worst of the inflation crisis is likely over, citing positive medium-term outlooks where prices are expected to continue to fall. He also highlighted the need for Germany to address challenges like aging demographics, digitalization, and decarbonization to ensure sustainable economic growth.
Source: YAHOO
Reported about 1 year ago
US stocks dipped on Friday following a jobs report showing robust hiring growth, with the S&P 500 and Dow Jones slipping while the Nasdaq shed about 0.2%. Despite Friday's losses, all three indexes achieved weekly gains. Investors await the Fed's policy meeting next week, expecting no immediate rate changes but looking for clues on future cuts. GameStop shares fell 40% after Keith Gill's livestream, while Nvidia's stock split was anticipated. President Biden's strong job record has added 15.6 million jobs, but voters' focus remains on inflation.
Source: YAHOO
Reported about 1 year ago
Analysts at Bank of America Securities have upgraded Lyft stock from Underperform to Buy, citing the rideshare company's substantial improvements in cost management, innovation, and share count dilution. The upgrade follows Lyft's investor day update and increased bookings forecast, with the analysts highlighting positive changes since their underperform rating in September 2022, including the introduction of Lyft Media for in-app advertisements. Market reactions and further insights can be found in Market Domination's latest episode, featuring a double upgrade and an exclusive interview with Lyft CEO David Risher.
Source: YAHOO
Reported about 1 year ago
US stocks dropped as investors reacted to the May jobs report, which exceeded expectations with 272,000 jobs added but raised concerns with the rise in unemployment to 4.0%. The report's impact reset the market outlook, pushing the likelihood of a Fed interest rate cut to December from September. The strong payroll data contradicted recent signs of a cooling US economy and dampened hopes for a July rate cut, contributing to a slight drop in US indexes on Friday despite a weekly gain.
Source: YAHOO