STOCKSTOWATCHTODAY BLOG Nvidia shares fell Friday. The stock initially rose after sales figures from Taiwan Semiconductor Manufacturing indicated strong demand for AI processors. Nvidia shares were down 0.
Vietnam's president and ruling Communist Party chief To Lam is set to meet representatives from several U.S. corporations, including Google and Meta, during a visit to the United States next week, two people briefed about the plans told Reuters. Meta's Facebook has in the 100-million-people country one of its largest user bases worldwide, and Google makes its smartphones there through suppliers and plans a large data centre, according to a Reuters report last month.
The US company says it will ask for court permission to start a sale process of the business.
Traders in global financial markets are facing extraordinary uncertainty as they await the U.S. Federal Reserve's expected rate cut on Wednesday, setting up markets for a burst of volatility. Major brokerages expect the Fed to lower interest rates by 25 basis points at the end of its two-day monetary policy meeting, even as financial markets price in a good chance of policymakers starting the easing cycle with a 50-bps reduction. Fed funds futures, which reflect the market's expectations for the future of monetary policy, have rallied to push the chance of a 50-basis-point rate cut to 61%, against 30% a week ago.
The farm pleads with owners to contact a rescue centre or the RSPCA rather than dumping their pets.
Whoever Sri Lanka's next president is, Muthuthevarkittan Manohari isn't expecting much to change in her daily struggle to feed the four children and elderly mother with whom she lives in a dilapidated room in a tea plantation. Both leading candidates in Saturday's presidential election are promising to give land to the country's hundreds of thousands of plantation workers, but Manohari says she's heard it all before. Sri Lanka's plantation workers are a long-marginalized group who frequently live in dire poverty, but they can swing elections by voting as a bloc.
The Federal Reserve on Wednesday almost certainly will lower interest rates for the first time in more than four years as the U.S. central bank starts to reverse the restrictive conditions it imposed to beat back inflation, but whether policymakers opt for a half-percentage-point cut or smaller move remains up in the air. Their choice on how they want to kick off a new easing cycle - less than two months before what is expected to be a close U.S. presidential election - likely hinges more on what signal they want to send as they pivot from the highest interest rates in a quarter of a century than about expectations for near-term macroeconomic impact, even as their worries about the job market grow. A half-percentage-point cut - now given more than a 60% probability in rate futures markets - would signal a commitment to sustaining the current economic expansion and the job growth that goes along with it, something Fed Chair Jerome Powell has said is the top priority now that inflation is approaching the central bank's 2% target.
REDWOOD CITY, Calif., September 18, 2024--Box, Inc. (NYSE:BOX), the leading Intelligent Content Cloud, today announced the pricing of $400 million aggregate principal amount of 1.50% convertible senior notes due 2029 (the "notes") in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). Box also granted the initial purchasers of the notes an option to purchase up to an additional $60 million aggregate prin
You ever got so mad you take your shoe off to make a point?
The intimate ceremony was held at a 400-year-old temple
The Environment Agency says the two sites tested in Guildford are not designated swimming spots.
Explore daily insights on the USA TODAY crossword puzzle by Sally Hoelscher. Uncover expert takes and answers in our crossword blog.
Francesca Frattini paid below-market rent thanks to London Living Rent, so why isn’t it on more people’s radar?
Ray Dalio, founder of the world's largest hedge fund, and Lim Chow Kiat, the boss of Singapore's sovereign wealth fund GIC are increasingly cautious on the year ahead due to political risk and uncertain global growth prospects. However, both said on Wednesday they remained committed to investing in China, despite challenges such as rising debt problems and geopolitical tension. Dalio, who founded Bridgewater Associates, said geopolitical issues and the cost of climate change and its implications for financial markets were among factors that could create negative risks for global investors in the next year.
On this week's episode of Yahoo Finance Future Focus, our host Brian McGleenon spoke with economist Steve Hanke who shared his concerns about the US economy, predicting that a recession is imminent due to the Federal Reserve's delayed response in cutting interest rates. He emphasised that the US money supply has been shrinking since July 2022, historically a strong indicator of an impending recession. Hanke warned against investing in risk assets like stocks, which he considers overpriced, recommending instead safer investments like U.S. Treasuries and gold. Hanke underscored that changes in the money supply, not interest rates, are the primary drivers of economic trends. He expressed confidence in gold's continued strength and advised investors to reduce exposure to volatile assets like bitcoin. Additionally, Hanke stress that the economic policies of both U.S. presidential candidates were problematic, voicing concerns about their potential impacts on an already fragile economy.
Read what the stars mean for you today, from Virgo to Gemini
The shock news comes ahead of the Roosters' semi-final against Manly. Details here.
To potentially include adolescents and antibody persistence up to two years Saint Herblain (France), September 18, 2024 – Valneva SE (Nasdaq: VALN; Euronext Paris: VLA), a specialty vaccine company, today announced that it has submitted label extension applications to the European Medicines Agency (EMA) and Health Canada to potentially expand the use of its chikungunya vaccine, IXCHIQ®, to adolescents aged 12 to 17 years in Europe and Canada. The Canadian label extension application also include
WARSAW, Poland, September 18, 2024--Regulatory News: CTP, Europe's largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), has leased an additional 10,000 sqm at its CTPark Warsaw South to Polish logistics operator TAS Logistyka sp. z o.o. The expansion, within the sub-Warsaw logistics park, is the result of the company's dynamic growth. It will now occupy 25,000 sq m of warehouse space, an increase of 67 per cent on the original space le
INTERVIEW: As the actor and comedian returns for a fiery new stand-up tour, he tells Helen Coffey about the best moment of his life (involving Brad Pitt and Robert Redford), how he learnt to channel rage into humour, and why he’s now entering his fabulous second act
BOULOGNE-BILLANCOURT, France, September 18, 2024--Regulatory News: La Française des Jeux (FDJ) (Paris:FDJ) brings forward the expiry of the acceptance period of its offer on Kindred to 2 October after having obtained all necessary regulatory approvals.
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