Reported 11 months ago
The article discusses the benefits of investing in stock-split stocks, which do not change the value of a business but can attract investors. It highlights Walmart as a top stock-split stock to buy, noting its strong performance, online sales growth, and stock split of 3-for-1. Additionally, Chipotle Mexican Grill is recommended as another promising stock-split stock due to its rapid expansion, profitability, and upcoming 50-for-1 stock split. The article also mentions the Motley Fool Stock Advisor's list of top stocks for investment.
Source: YAHOO
Reported 11 months ago
Located in Mitaka, Tokyo, the Ghibli Museum, founded by Hayao Miyazaki, showcases his creative works including hand-drawn manuscripts and film production exhibits in a whimsical setting envisioned by Miyazaki himself. Tickets can only be purchased online in advance or in specified convenience stores on the same day, with options like KKDAY and KLOOK available for easier booking but at a higher price. For those planning a visit, various transportation methods from central Tokyo are detailed along with ticket purchasing tips to navigate the museum's unique guidelines and restrictions.
Source: YAHOO
Reported 11 months ago
New York City's tax revenue from tourists has exceeded pre-pandemic levels, with a record $4.9 billion expected in the current fiscal year, driven by a surge in US visitors offsetting declines in international and business travel. Despite a slower-than-anticipated return of international travelers, the city is projected to host 68 million visitors by 2025. The tourism industry is still down 10.4% in terms of jobs compared to pre-pandemic levels, but New York City remains the top US tourist destination.
Source: YAHOO
Reported 11 months ago
The article discusses the Vanguard Mega Cap ETF, which has an annual fee of $7 for $10,000 invested and has outperformed both the S&P 500 and the Nasdaq Composite so far this year. Despite a slightly higher expense ratio compared to the Vanguard S&P 500 ETF, the Vanguard Mega Cap ETF focuses on larger companies, providing exposure to growth sectors like tech, communications, and consumer discretionary. This ETF has slightly beaten the S&P 500 and Nasdaq Composite over the last three years, driven by the performance of mega-cap tech companies. The article suggests that the Vanguard Mega Cap ETF is a good option for investors seeking broad-based exposure to large U.S.-based companies with a concentration in growth themes.
Source: YAHOO
Reported 11 months ago
China's state stockpiler, the National Food and Strategic Reserves Administration, intends to purchase up to 15,000 metric tons of cobalt metal from local Chinese producers in the coming months, a record quantity for a single purchase. This plan aims to offset some of the surplus in the cobalt market this year, with the metal being crucial for various industries like defense, aerospace, and communication. Chinese producers are looking for a price around $12 per pound, similar to current cobalt prices. This move is expected to mitigate pressure on cobalt prices but may not significantly impact the oversupplied market due to substantial production from the Democratic Republic of Congo.
Source: YAHOO
Reported 11 months ago
Chinese planemaker COMAC is looking to expand globally by targeting Saudi Arabia, with Chairman Dongfeng He visiting the country and expressing interest in contributing to its aviation transportation development. Despite efforts to break into the international passenger jet market dominated by Western manufacturers, COMAC still faces challenges without certifications from the US or EU. The company recently showcased its planes in Southeast Asia and is pursuing certification with Europe's aviation regulator for its C919 narrow-body jet. Saudi Arabia, in its Vision 2030 plan to diversify its economy, is considering COMAC for potential assembly lines and partnerships to support its aviation growth.
Source: YAHOO
Reported 11 months ago
The article discusses three Warren Buffett-backed stocks that could be good additions to an investment portfolio for less than $1,000 each. The stocks mentioned are American Express, Moody's, and Citigroup. American Express is highlighted for its strong brand attracting high-end customers, Moody's for its dominant position in the credit rating market, and Citigroup for its potential turnaround under new leadership. These stocks are considered attractive investment options for long-term growth.
Source: YAHOO
Reported 11 months ago
In April, Thai exports rebounded by 6.8% year-on-year, surpassing analyst expectations, with a decline of 6.7% from March. The commerce ministry anticipates a slight increase in exports in the second quarter, attributing the growth to rising demand for industrial goods amidst global economic recovery and agricultural price increases due to volatile weather conditions. Despite geopolitical risks, exports of industrial goods rose by 9.2% and rice export volumes surged in April. The country's export growth target for the year remains at 1% to 2%, after a 1% decline in 2023, with a trade deficit of $1.64 billion recorded in April.
Source: YAHOO
Reported 11 months ago
Road cycling at the Paris 2024 Olympics will feature two events for both men and women - the road race and the time trial. The men's road race will be 273km long with 2,800m of ascent, while the women's will be 158km with 1,700m of ascent. Both races start at Trocadero and pass through famous Parisian landmarks before heading out to the challenging terrain of the Chevreuse Valley. The time trial will be a solo effort over a flat 32.4km course, marking the first time men and women will race the same time trial course over the same distance in Olympic history. Italy has won the most Olympic medals in road cycling with 20, while the Netherlands have won the most gold medals with 10. Great Britain has won 16 road cycling Olympic medals, with two golds won by Nicole Cooke and Sir Bradley Wiggins.
Source: YAHOO
Reported 11 months ago
The article discusses the potential investment opportunities in Micron Technology and Applied Materials for the year 2024 and beyond. Both companies are seen as benefiting from the growth of artificial intelligence (AI) and the semiconductor market. Micron Technology is highlighted for its strong performance in the memory chip market, with predictions of sustained growth due to AI's impact. On the other hand, Applied Materials is expected to capitalize on the growth of AI-driven semiconductor demand. The article suggests that investing $1,000 in these stocks could be a good long-term investment strategy.
Source: YAHOO
Reported 11 months ago
Nvidia's stock surged 9.3% to over $1,000 after reporting first-quarter earnings that surpassed expectations, resulting in a market cap exceeding $2.5 trillion. The company's earnings showed a significant increase in adjusted EPS and revenue from the previous year, prompting a 10-for-1 stock split and a dividend hike. Nvidia's Data Center revenue notably soared by 427%, with CEO Jensen Huang expressing confidence in continued demand for the company's AI chips. Additionally, Nvidia's stock split and dividend raise align with similar moves by other tech giants like Meta, Alphabet, and Apple.
Source: YAHOO
Reported 11 months ago
Euro-area private-sector business activity reached its highest level in a year, indicating a robust economic recovery in the region. The S&P Global purchasing managers' index rose to 52.3 in May, surpassing analyst expectations and signaling growth for the third consecutive month. This positive development was attributed to strong new orders, steady hiring, and growing confidence among companies. Additionally, Germany's PMI reading exceeded expectations, while France experienced a contraction in its services sector. The outlook for the euro zone is optimistic, with expectations of inflation nearing the 2% target, the European Commission forecasting a soft landing, and the ECB preparing to lower interest rates.
Source: YAHOO
Reported 11 months ago
The Motley Fool article discusses whether investors should buy Palo Alto Networks stock after it reported quarterly earnings, with analyst Parkev Tatevosian providing insights. While Palo Alto Networks was not among the 10 best stocks identified by The Motley Fool Stock Advisor team, the article highlights the potential for significant returns with other recommended stocks. The article emphasizes the benefits of Stock Advisor's guidance and track record in outperforming the S&P 500 since 2002. Tatevosian, who has no position in the mentioned stocks, is affiliated with The Motley Fool and may earn compensation for promoting its services.
Source: YAHOO
Reported 11 months ago
Warner Bros. Discovery Inc. has signed a five-year deal with Walt Disney Co.’s ESPN network to share College Football Playoff games, with Warner Bros.’ TNT and Max streaming service airing two first-round games this season and adding quarterfinal matchups from 2026 onwards. The financial terms were not disclosed, but in March, ESPN secured a $7.8 billion contract to broadcast the tournament until 2031-32. This move aligns with Warner Bros.' strategy to expand its sports portfolio, including deals for NCAA’s March Madness and other leagues, aiming to boost viewership on its traditional TV networks and streaming services.
Source: YAHOO
Reported 11 months ago
Geno Smith, the Seahawks' starting quarterback, expressed being "very impressed" with new offensive coordinator Ryan Grubb's system during Organized Team Activities, mentioning it as the right fit for him. Smith praised Grubb's coaching style and approach in implementing the new offense, emphasizing the need for players to adapt to the changes. Despite Grubb's lack of NFL coaching experience, Smith sees himself as a natural fit in the new drop-back passing offense being implemented.
Source: YAHOO
Reported 11 months ago
Banijay Rights has hired Claire Douglas from Passion Distribution as the new Communications Manager, while Andrew Dickens has been promoted to SVP of Communications and Marketing. This move follows the departure of long-serving marketing boss Steve Quirke and includes other promotions within the marketing and comms team. Banijay Rights holds a vast catalog of around 185,000 hours of content, including popular shows like Big Brother, Survivor, and MasterChef, among others. The changes come amidst the rebranding of Banijay's parent company to Banijay Group.
Source: YAHOO
Reported 11 months ago
A missile suspected to be launched by Yemen's Houthi rebels landed in the Red Sea without causing damage to a passing commercial vessel near the Bab el-Mandeb Strait. The rebels have been carrying out attacks in the region demanding an end to the war in Gaza. The Houthis have previously conducted over 50 attacks on shipping in the area, impacting maritime traffic. Despite a recent decrease in attacks, the threat remains, with the rebels also claiming to have shot down U.S. surveillance drones.
Source: YAHOO
Reported 11 months ago
TSMC, a Taiwanese chipmaker, is expecting a 10% growth in the global semiconductor industry, excluding memory chips, driven by AI technologies. The company's senior vice-president highlighted the new opportunities presented by AI, with TSMC estimating a potential 30% rise in second-quarter sales due to increased demand for semiconductors in AI applications. This growth outlook aligns with the World Semiconductor Trade Statistics forecast of a 13.1% increase in the global semiconductor market for 2024.
Source: YAHOO
Reported 11 months ago
The U.S. House of Representatives has passed the Financial Innovation and Technology for the 21st Century Act (FIT21) to regulate the cryptocurrency market, with 279 members endorsing the bill and 136 opposing it. The legislation is now headed to the Senate and aims to establish a new regulatory framework for digital assets, including oversight by the Commodity Futures Trading Commission (CFTC) and guidelines for trading digital commodities. Despite criticism from the White House, the bill signifies a potential shift in Congress's stance on cryptocurrencies and their impact on finance, although it faces opposition from SEC Chair Gary Gensler and concerns from House Financial Services Committee Ranking Democrat Maxine Waters about regulatory effectiveness.
Source: YAHOO
Reported 11 months ago
Ahold Delhaize is aiming to increase earnings and savings through AI and digital initiatives over the 2025-2028 period by automating back-end operations and driving customers to digital apps. The supermarket group plans to grow underlying earnings per share at a high single-digit rate, maintain a 4% operating margin until 2028, achieve 5 billion euros in savings through AI and automation, increase monthly active app users to 30 million by 2028, boost own-brand product sales to 45% of total sales, and generate around 3 billion euros from additional income streams by 2028.
Source: YAHOO
Reported 11 months ago
The article discusses a growth stock identified by Motley Fool contributor Parkev Tatevosian as being undervalued and potentially offering significant returns for long-term investors. Despite the stock being down 81%, Tatevosian suggests it is a strong buy opportunity. However, it is noted that DocuSign was not among the top 10 stock picks recommended by The Motley Fool's Stock Advisor analyst team. Tatevosian, who has no position in the mentioned stocks, discloses his affiliation with The Motley Fool and potential compensation for promoting its services.
Source: YAHOO
Reported 11 months ago
German private-sector activity in May 2024 rose to a one-year high with S&P Global's purchasing managers' index for the country hitting 52.2, exceeding analyst predictions and staying above the growth threshold of 50 for a second consecutive month. While services led the growth, the manufacturing sector, although still in contraction, showed signs of improvement. In contrast, France experienced a decrease in its composite gauge, falling below 50, dragged down by services. The euro zone's top economies performed better than expected in Q1 2024, potentially lifting the bloc out of the recession experienced in the previous year, with analysts anticipating an interest rate reduction by the European Central Bank to support recovery later in the year.
Source: YAHOO
Reported 11 months ago
Alibaba Group Holding Ltd. is considering a $4.5 billion convertible bond sale, following a $1.75 billion offering by JD.com Inc. The proceeds will fund stock buybacks, core businesses like e-commerce and cloud services, and investments in artificial intelligence. The offering includes a greenshoe option to increase the deal size by $500 million, with plans to repurchase some US-listed American depositary shares and "capped call transactions" to reduce dilution. The bonds have a 0.25% to 0.75% annual coupon, mature in seven years, and are non-callable for the first five years. Citigroup Inc., JPMorgan Chase & Co., Morgan Stanley, Barclays Plc, and HSBC Holdings Plc are assisting with the deal.
Source: YAHOO
Reported 11 months ago
The article reports that thousands in Bougainville, Papua New Guinea, have filed a class action lawsuit against Rio Tinto and its former unit over historical mismanagement of the Panguna copper mine, which led to a civil war in 1989. The villagers seek compensation potentially amounting to billions of dollars for the damage caused. Rio Tinto confirmed the legal action and stated they are reviewing the claim. The litigation is funded by Panguna Mine Action LLC, with the aim to address the impacts of the mine's operations on the communities. Bougainvilleans are looking to reopen the mine to finance the region's independence, pending ratification by the government of Papua New Guinea.
Source: YAHOO
Reported 11 months ago
At a meeting of finance officials from the Group of Seven rich democracies in Stresa, Italy, discussions are centered around how to utilize the frozen Russian central bank reserves to support Ukraine's war effort. While Ukraine and its allies are pushing for the confiscation of $260 billion in Russian assets, European officials are hesitant due to legal and financial stability concerns. Suggestions include converting the interest from these assets into upfront cash to provide immediate support to Ukraine, with U.S. Treasury Secretary Janet Yellen mentioning a potential $50 billion. The aim is to secure Ukraine's financial position amidst the ongoing conflict, as the country heavily relies on international aid to sustain its military and public services. Additionally, the meeting will address China's state-backed production of green energy technology and discuss humanitarian aid for Gaza.
Source: YAHOO