Sebastien Bozon | AFP | Getty ImagesWith massive corporations including Alphabet, Meta, Apple, Microsoft and Amazon set to report earnings next week, CNBC’s Jim Cramer on Friday urged investors to keep a level head. He also said not to forget about the nonfarm payroll report next Friday, where a weak hiring result could urge the Federal Reserve to keep cutting rates.”Huge opportunity,” he said. “Just please remember, the first move’s been the wrong move almost half the time since this earnings season began. Wait to process the numbers and listen to the conference calls before you pull the trigger.”Monday starts…
Author: user
Getty Images US stocks fell, ending a six-week win streak for S&P 500 and the Dow. Rising bond yields and resilient economic data contributed to the market’s pause. Investors will focus on upcoming tech earnings, with AI monetization trends in the spotlight. US stocks traded mostly lower on Friday, capping off a down week for the S&P 500 and Dow Jones Industrial Average. Both averages ended a six-week win streak on Friday, while a rally in mega-cap tech stocks helped fuel a seventh week of gains and a fresh record high for the Nasdaq. A big surge in bond yields…
The 2024 edition of the International Atomic Energy Agency’s (IAEA) Climate Change and Nuclear Power report has been released. It emphasizes the need to significantly boost investments in nuclear energy to meet global climate goals. The report, launched during the Clean Energy Ministerial (CEM) in Brazil, provides a detailed roadmap for expanding nuclear power and underscores its crucial role in helping countries achieve net-zero emissions by 2050. How Nuclear Power Could Transform Global Energy With climate change and energy security concerns intensifying, countries are increasingly looking toward nuclear power as a viable solution. The report highlights that, to reach net…
This isn’t the way either Tapestry Inc. or Capri Holdings expected their $8.5 billion engagement to end. But now that the breakup has come — after a preliminary and all-but-final injunction from a Manhattan federal judge — experts said Tapestry is able to move on, keep building on its successful Coach business, and maybe even buy something else. More from WWD Capri is another story, with analysts speculating the firm might have to ultimately sell off brands and go private to rebuild. It’s been an expensive and ultimately disappointing fling. Tapestry paid $109 million in deal-related expenses and $116.7 million…
Delta Air Lines planes are seen at John F. Kennedy International Airport on the July 4th weekend in Queens, New York City, U.S., July 2, 2022. Andrew Kelly | ReutersDelta Air Lines on Friday filed a lawsuit against CrowdStrike in Georgia, accusing the security software vendor of breach of contract and negligence after an outage in July that brought down millions of computers and prompted 7,000 flight cancelations.Other airlines recovered more quickly than Atlanta-based Delta, which said the incident reduced revenue by $380 million and brought $170 million in costs. The flawed software update affected computers running Microsoft’s Windows operating system.Days…
Investing.com – Colombia stocks were lower after the close on Friday, as losses in the , and sectors led shares lower. At the close in Colombia, the fell 0.23%. The best performers of the session on the were Grupo Argos SA (BVC:), which rose 1.50% or 280.00 points to trade at 18,980.00 at the close. Meanwhile, Cementos Argos Pf (BVC:) added 1.30% or 90.00 points to end at 7,000.00 and Bancolombia Pf (BVC:) was up 1.13% or 380.00 points to 33,980.00 in late trade. The worst performers of the session were Grupo Nutresa SA (BVC:), which fell 6.01% or 4,960.00…
GOP criticizes Harris for calling Trump ‘fascist’, Tapper’s ‘rogue’ control room highlights double standard 03:30 Now playing – Source: CNN Source link
By Blake Brittain (Reuters) -Apple convinced a federal jury on Friday that early versions of health monitoring tech company Masimo’s smartwatches infringe two of its design patents as part of a broader intellectual property dispute between the companies. The jury, in Delaware, agreed with Apple that previous iterations of Masimo’s W1 and Freedom watches and chargers willfully violated Apple’s patent rights in smartwatch designs. But the jury awarded the tech giant, which is worth about $3.5 trillion, just $250 in damages – the statutory minimum for infringement in the United States. Apple’s attorneys told the court the “ultimate purpose” of…
“John Wick” might never have gone on to become a billion-dollar-grossing film franchise if not for the financial intervention of Eva Longoria, the original film’s directors revealed this week.In an interview with Business Insider for the film’s 10th anniversary, Chad Stahelski and David Leitch — who directed the film together, despite only Leitch receiving a credit — said that the Keanu Reeves action flick was mere days away from having to shut down production due to a lack of funding.”We were less than a week out and we lost almost $6 million on a gap financing,” Stahelski told the publication.…
Nearly one in four people in Japan invests in securities such as stocks, bonds, and investment trusts, the highest level ever thanks to the government’s tax-exempt investment program for individuals, a recent survey showed. The Japan Securities Dealers Association’s survey also suggests, however, that financial education is still lagging in the country known for its high household savings rate. The survey, conducted every three years, found that 24.1 percent of respondents owned securities in 2024, up from 19.6 percent in 2021, marking the highest level since the association began collecting such data on individuals in 2006. The rise comes after…