Semiconductor stocks tend to more than double the return of the S&P 500 market index in the long run, but the broader market is down by 13% this year and the chip sector is falling twice as fast instead. It's not hard to see why investors are so concerned with the long-term prospects of computer chip stocks. The chip shortage that started in the summer of 2020 is still going on, and the global economy isn't doing too hot in general.
The Bank of Japan (BOJ) must tread cautiously in raising interest rates, as some indicators of inflation expectations remain short of its 2% target, the International Monetary Fund's Japan mission chief Nada Choueiri said on Friday. Choueiri told Reuters that a weak yen had a net-positive impact on Japan's economic growth, and signaled the IMF's preference for the country to allow exchange rates to move flexibly.
Millionero, the ‘simple crypto exchange’ spanning Asia, Europe, and the Middle East, partners with Greek FC PAOK and steps into the Greek crypto spaceLondon, UK , April 19, 2024 (GLOBE NEWSWIRE) -- Millionero is a crypto exchange spanning Asia, Europe, and the Middle East. Since starting operations in 2022, it has received many awards, including ‘Best Start Up Exchange’ at Crypto Expo Europe 2024 hosted at Radisson Blu Hotel, Bucharest, Romania. Recently, Millionero has partnered with the PAOK (
Short sellers have been raking it in over the last 30 days as receding bets of an early interest rate cut by the U.S. Federal Reserve triggered a selloff in the equity market. Traders have made a mark-to-market profit of more than $25 billion up to Thursday from covering their short positions, said Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners, more than erasing their $14.8 billion in losses so far this year. The current weakness in the market allows them to cover a portion of those heavy losses.
CHINO, Calif., April 19, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Chino Commercial Bancorp (OTC: CCBC), the parent company of Chino Commercial Bank, N.A., announced the results of operations for the Bank and the consolidated holding company for the first quarter ended March 31, 2024. Net earnings for the first quarter of 2024, were $1.24 million, which represents an increase of $75.2 thousand or 6.4% in comparison with the same quarter last year. Net earnings per basic and diluted shar
Hedge fund manager Butler Hall Capital said on Friday it is urging Vanda Pharmaceuticals to form an independent special committee to engage with Future Pak over its takeover offer and run a full sales process. On April 17, Vanda rejected a takeover proposal from Future Pak and adopted a shareholder rights plan to reduce the likelihood of a hostile takeover. Vanda had said Future Pak, a privately held contract manufacturer and packager of pharmaceutical products, had made an offer of $7.25 to $7.75 per share in cash, which significantly undervalued the company and was not in the shareholders' best interest.
The central question clouding Ryan Garcia's fight with Devin Haney is whether Garcia should really be put into a professional boxing match right now?
HOUSTON, April 19, 2024--Bilateral Chamber, a leading organization at the forefront of global commerce, hosted His Excellency Mohammed Shyaa Sabbar Al-Sudani, Prime Minister of the Republic of Iraq and his delegation yesterday in Houston, Texas. The Iraqi Prime Minister was accompanied by Iraq’s Minister of Oil Hayyan Abdul Ghani, Iraq’s Minister of Planning Dr. Muhammad Ali Tamim, and a delegation of Iraq’s business leaders who met with their U.S. counterparts.
The University of Iowa college basketball star Caitlin Clark entered the WNBA draft and was picked up as the number one overall pick by the Indiana Fever. Clark led the Iowa Hawkeyes through the March Madness tournament all the way to the finals, ultimately losing to South Carolina. Clark's rookie contract of $338,056 over the next four years further illustrates the monumental pay disparities between men's and women's professional sports. Yahoo Finance's Seana Smith joins Wealth! to compare Clark's rookie compensation package with that of her male counterparts, including the number one NBA draft pick Victor Wembanyama who will be paid a whopping $12 million for his first year in the league. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Luke Carberry Mogan.
Fort Lupton, April 19, 2024 (GLOBE NEWSWIRE) -- Fort Lupton, Colorado - Silverline Structures is leading the way in reshaping the personal workspace sector through its innovative use of cold formed metal building technology. This cutting-edge approach offers a compelling alternative to traditional construction methods, establishing a new benchmark for efficiency, durability, and fiscal prudence. By concentrating on cold formed metal building, Silverline Structures can meet a wide array of client
Oil prices (BZ=F, CL=F) are on the move on Friday after Israel launched a retaliatory strike against Iran. In addition, national gas prices have begun to move higher with northeastern states potentially feeling more pain at the pump due to late adaptation of summer-blend gas. Yahoo Finance Reporter Ines Ferré joins Wealth! to break down the price movements in oil and what consumers can expect moving forward. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Nicholas Jacobino
SANTA CLARA, Calif., April 19, 2024--Versa Networks, the global leader in AI/ML-powered Unified Secure Access Service Edge (SASE) and Software Defined WAN (SD-WAN), today announced it is recognized in the Gartner Magic Quadrant for Security Service Edge (SSE) which will help buyers evaluate 10 key vendors, ideally in the context of a SASE strategy and long before contracts are due for renewal. Versa is one of only three SASE vendors to be recognized in Gartner Magic Quadrants for Single-Vendor S
You've likely seen your grocery bill go up significantly in the last few years as inflation continues to impact the prices of everyday goods. While the Fed has raised rates in an attempt to cool down...
Polen Capital, an investment management company, released its “Polen Global Growth Strategy” first-quarter 2024 investor letter. A copy of the letter can be downloaded here. In the first quarter, the fund increased 8.10% gross and 7.81% net, respectively, trailing the MSCI ACW Index’s 8.20% return. The market dynamics that were in place at the end […]
A recent settlement between Visa, Mastercard and the largest U.S. credit card issuing banks and merchants has lowered swipe fees for the next five years, saving money on your monthly credit card...
The zoo has been given the all-clear after police said it appears to be a ‘false call’
Owning a vacation home of any kind these days is generally regarded as something mostly, or perhaps even only, in the province of the wealthy. About one-third of Americans don't own their primary...
NEW YORK, April 19, 2024--Indo Count announces its strategic acquisition of the international home fashions brand WAMSUTTA from Beyond, Inc. (NYSE: BYON).
When I was at the Home Office as their independent adviser on ending violence against women and girls, I saw how truly dangerous the internet could be to women and girls. From cyber-flashing (the practice of sending an unsolicited sexual image) to revenge porn, women in their hundreds and thousands told us via a consultation that they needed our help to end the abuse they were facing. Both cyber-flashing and revenge porn are now crimes, yet there is still more to do.
Super Micro Computer flashed a sell signal in the stock market today after the AI bellwether crashed through a key support level.
The Naval Communication Market Size was valued at USD 4.3 Billion in 2023 and the worldwide Naval Communication Market is Expected to reach USD 5.5 Billion by 2033, according to a research report published by Spherical Insights & Consulting. Companies covered: Acorn Science & Innovation, Inc., Airbus SAS, AIRtec Inc., Anduril Industries, Inc., Atlas Elektronik GmbH, BAE Systems, Bombardier Inc., Elbit Systems Ltd., General Dynamics Corporation, Hanwha Systems Co., Ltd., Harris Corporation, Hunti
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