FAANG stocks -- essentially the top five stocks of the tech sector -- as a group cooled off in 2021. Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) led the group of growth stocks with a 65% return for the year, followed by Apple's (NASDAQ: AAPL) near-34% return. The rest of the group -- Meta Platforms (NASDAQ: FB), Amazon (NASDAQ: AMZN), and Netflix (NASDAQ: NFLX) -- all underperformed the S&P 500 index, which returned nearly 27% for the year.
Q1 2024 A O Smith Corp Earnings Call
Save big on coffee machines so you can have your daily coffee hit at home. Find out how here.
The Cowboys will now select No. 29 in the first round instead of 24th.
The Bank of Japan kept interest rates unchanged on Friday and issued fresh estimates projecting inflation to stay near its 2% target in the next three years, signalling its readiness to hike borrowing costs later this year. As widely expected, the BOJ maintained its short-term interest rate target at a range of 0-0.1% in a unanimous vote. In fresh quarterly forecasts, the board projected inflation, as measured by an index stripping away the effect of fresh food and fuel costs, to hit 1.9% in the current fiscal year that began in April, followed by 1.9% in fiscal 2025 and 2.1% in 2026.
The Tampa Bay Buccaneers bolstered their offensive line on Thursday night, addressing a need by selecting Duke center Graham Barton with the 26th pick in the NFL draft. The Bucs are coming off a third consecutive NFC South championship and a franchise-record fourth straight playoff appearance. With Baker Mayfield leading the way as the successor to Tom Brady at quarterback, the team won five of six games heading into the postseason, where they beat the Philadelphia Eagles in a wild-card matchup before losing to the Detroit Lions in the NFC divisional round.
Germany's economic weakness is finally taking a toll on the labour market, with the number of unemployed workers expected to rise to the highest level in almost a decade, according to a study by the German Economic Institute (IW). The study, which was seen by Reuters ahead of its release on Friday, showed that unemployment will rise to an average of just under 2.8 million this year, the highest level since 2015. However, that figure is well below the peak in 2005, when almost 4.9 million people were unemployed and Germany was considered the "sick man of Europe."
TOKYO, April 26, 2024--The founding Vice Chancellor of O.P. Jindal Global University, Professor (Dr.) C Raj Kumar addressed the Members of the Japanese Parliament.
China's top diplomat Wang Yi met US Secretary of State Antony Blinken in Beijing on Friday. The Chinese official said that ties between Washington and Beijing were "beginning to stabilize" with increased dialogue and cooperation. But Wang also warned that "negative factors" and "disruptions" could threaten relations between the two countries.
A selection of the week's best photos from across the continent and beyond.
The Detroit Lions made a move to address their secondary, grabbing Alabama cornerback Terrion Arnold with the No. 24 pick in the NFL draft after a trade with Dallas on Thursday night. The Lions moved up from the No. 29 spot. Detroit also received a 2025 seventh-round pick, while the Cowboys received Detroit's first-rounder plus a third-round pick in this year's draft (73rd overall).
The US passed a law this week to force the sale of the popular video app or be banned in America.
Q1 2024 Caterpillar Inc Earnings Call
Cornerback Terrion Arnold hypes up Detroit Lions fans on stage after being drafted No. 24 overall at the 2024 NFL Draft.
More than half of Gaza’s population of 2.3 million have sought refuge in Rafah
Motaz Azaiza recently visited students at Columbia University and New York University and told TIME about the experience.
Yahoo Finance