U.S. stocks traded mixed midway through trading, with the Nasdaq Composite falling around 1% on Monday. The Dow traded up 0.29% to 41,512.19 while the NASDAQ fell 0.96% to 17,514.54. The S&P 500 also fell, dropping, 0.24% to 5,612.35. Check This Out: This Analyst With 86% Accuracy Rate Sees Around 9% Upside In RH – Here Are 5 Stock Picks For Last Week From Wall Street’s Most Accurate Analysts Leading and Lagging SectorsEnergy shares jumped by 1.1% on Monday. In trading on Monday, information technology shares fell by 0.9%. Top Headline The NY Empire State Manufacturing Index rose to 11.5…
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San Antonio Spurs rookie Harrison Ingram was among the players on hand over the weekend to watch No. 2 Texas host the University of Texas at San Antonio at DKR-Texas Memorial Stadium in Austin.Ingram was pictured on the sidelines for the matchup, along with many of his teammates, including Stephon Castle, Keldon Johnson, Jeremy Sochan and Devin Vassell, among others. Johnson donned a UTSA jersey, while Vassell represented the home team.The group was treated to a dominating 56-7 victory by the Longhorns, who moved up to No. 1 in the AP poll on Sunday. Quarterback Arch Manning stepped in for…
Haemonetics Corp . (NYSE:) disclosed today the departure of Anila Lingamneni, the company’s Executive Vice President and Chief Technology Officer, effective November 1, 2024. The company expressed appreciation for Lingamneni’s contributions and wished her well in future endeavors. The Boston-based medical device company, known for its products in blood processing technology, made the announcement through an 8-K filing with the Securities and Exchange Commission. The filing did not provide a reason for Lingamneni’s departure or information about a successor. The announcement comes as Haemonetics, which has its fiscal year end on March 29, continues to navigate the competitive landscape of…
(Bloomberg) — Intel Corp. Chief Executive Officer Pat Gelsinger has landed Amazon.com Inc.’s AWS as a customer for the company’s manufacturing business, potentially bringing work to new plants under construction in the US and boosting his efforts to turn around the embattled chipmaker.Most Read from BloombergIntel and AWS will coinvest in a custom semiconductor for artificial intelligence computing – what’s known as a fabric chip – in a “multiyear, multibillion-dollar framework,” according to a statement Monday. The work will rely on Intel’s 18A process, an advanced chipmaking technology.The shares jumped more than 8% in late trading after the announcement. They…
Sparks are flying in Irvine, California after the city’s Police Department ignited a firestorm of debate with the acquisition of a Tesla Cybertruck. This isn’t your average police cruiser the department opted for the high end Foundation Series, a behemoth of a vehicle boasting a price tag exceeding $150,000. The hefty price tag has left some taxpayers fuming, calling the purchase a wasteful extravagance. However, the Irvine PD is defending its decision, claiming the Cybertruck serves a specific purpose. They plan to integrate the electric vehicle into their Drug Abuse Resistance Education (DARE) unit, hoping its futuristic design will act…
The FBI is investigating an apparent assassination attempt on former President Donald Trump after a man armed with an AK-style rifle was spotted near Trump’s golf course in West Palm Beach, Fla., on Sunday.The suspect, identified as Ryan Wesley Routh, 58, was taken into custody in nearby Martin County after fleeing the scene. He made his first appearance in federal court Monday morning and was charged with federal gun crimes, including possession of a firearm by a convicted felon and possession of firearm with an obliterated serial number. Additional charges are likely.Trump, who was golfing with longtime friend and adviser…
Ford Motor Company (F) will recall 90,736 vehicles due to a potential issue with engine intake valves that may break while driving, as stated by the National Highway Traffic Safety Administration (NHTSA). This recall affects certain 2021-2022 models, including the Bronco, F-150, Edge, Explorer, Lincoln Nautilus, and Lincoln Aviator, equipped with either a 2.7L or 3.0L Nano EcoBoost engine. The recall, initiated by U.S. regulators, has prompted concerns among investors regarding the potential financial and reputational impact on F. This situation raises an important question: Does this recall represent a buying opportunity due to an overreaction in the stock price,…
Just like the Titanic more than a century ago, the shipyard that built the iconic vessel is sinking.Harland & Wolff, the British holding company for the shipyard that constructed the Titanic, has gone into administration, a process similar to bankruptcy proceedings in the United States, The New York Times reported on Monday. The company has been dealing with financial hardship for years, and those struggles have only gotten worse in recent months.More from Robb Report“The group faces a very challenging time given the overhang of significant historic losses and its failure to secure long-term financing,” Russell Downs, a restructuring expert…
The 1969 Ford Mustang, often hailed as the pinnacle of the Mustang line, introduced a more muscular and aggressive design that set it apart from its predecessors. This model year also marked a significant milestone by introducing high performance variants like the Mach 1, Boss 302, and Boss 429, solidifying the Mustang’s reputation as a serious contender on the racetrack and the street. One 1969 Mustang, a “plain” SportsRoof model, recently sold for a remarkable $118,000 and despite not being a high-performance variant, its tasteful modifications both inside and out contributed to its high price tag. The exterior showcases a…
Bloomberg Intelligence Podcast • Browse all episodesBloomberg Intelligence: Exploring Industry City, Copper TrendsWatch Alix and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF. Jim Somoza, Managing Director of Industry City, joins to discuss CRE and how Brooklyn’s Industry City is positioned in NYC’s real estate market. Brian Levitt, Global Market Strategist at Invesco, joins to discuss his outlook on the markets ahead of the Fed decision this week. Mike McGlone, Bloomberg Intelligence Senior Commodity Strategist, joins to discuss the latest from the commodity space. Uma Moriarity, Senior Investment Strategist & Global ESG Lead at CenterSquare, joins to discuss her outlook for…