Month: July 2024
Asia markets are mixed as investors assess China business activity data, await Bank of Japan rate decision
Bank of Japan Governor Kazuo Ueda delivers a speech at the start of issuance of new yen banknotes at the Bank of Japan headquarters in Tokyo on July 3, 2024. Str | Afp | Getty Images Asia-Pacific markets were mixed on Wednesday as investors awaited the Bank of Japan’s rate decision and assessed China’s business […]
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I’ve been to 100 countries. I didn’t expect to want to return to these 5
I’m often asked: “What is your favorite country to visit?” For an avid adventurer, it’s a confounding question. How to distill culture, vibes, food, scenery, and all the other factors that shape the international travel experience? Identifying the nations I have explored in depth over multiple visits — popular places like Turkey, Nepal, South Africa […]
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Costa Rica is prepared to offer asylum to Venezuelan opposition leaders, minister says
Venezuelan opposition leader Maria Corina Machado and opposition presidential candidate Edmundo Gonzalez raise their hands during a press conference following the announcement by the National Electoral Council that Venezuela’s President Nicolas Maduro won the presidential election, in Caracas, Venezuela, July 29, 2024. Maxwell Briceno | Reuters Costa Rica’s Foreign Minister Arnoldo Andre said on Tuesday that the Central […]
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Samsung second-quarter operating profit soars 1,458% as AI demand remains strong; results top estimates
The Samsung logo is on display at their pavilion during the Mobile World Congress in Barcelona, Spain, on February 28, 2024. (Photo by Joan Cros/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Samsung Electronics on Wednesday reported higher-than-expected second-quarter revenue and operating profit, as demand for its advanced memory chips that are crucial […]
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Podcast: Samsung bets on the Galaxy Ring and AI as its next big thing
Samsung in July released the Galaxy Ring, the South Korean tech giant’s first foray into smart rings. The $399.99 device has sensors that can track various health metrics like sleep quality, linking up with Samsung’s smartphones and smartwatch. Along with its S24 series of smartphones, foldable devices, smartwatches and now the Galaxy Ring, Samsung is […]
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S&P 500 futures are little changed as Wall Street awaits Fed decision: Live updates
Traders work on the floor of the New York Stock Exchange on July 22, 2024. Timothy A. Clary | AFP | Getty Images S&P 500 futures are near flat Tuesday night as investors parsed the latest earnings reports and readied for the Federal Reserve monetary policy decision coming Wednesday afternoon. Futures tied to the broad […]
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Fundstrat’s Tom Lee makes another bold call, calling for big rally post-Fed
Fundstrat’s Tom Lee is out with his next eye-popping prediction — and it implies good news for the market in the coming days. In a Tuesday note to clients, the firm’s head of research said investors should “buy the fear” heading into the Federal Reserve’s interest rate policy announcement scheduled for Wednesday. Lee said there […]
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Pinterest shares tumble nearly 15% on weak guidance
Bill Ready, CEO of Pinterest, rings the opening bell at New York Stock Exchange (NYSE) in New York City, U.S., May 15, 2024. Brendan McDermid | Reuters Pinterest shares sank about 15% when the company reported its second-quarter earnings on Tuesday and provided third-quarter guidance that was lower than analyst estimates. Here’s how the company […]
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Stocks making the biggest moves after hours: Microsoft, Arista Networks, Advanced Micro Devices, Starbucks and more
Check out the companies making headlines in after-hours trading: Microsoft — Shares dropped 6% after the tech giant reported disappointing results out of its cloud business. That overshadowed beats on both lines for the fiscal fourth quarter. Advanced Micro Devices — The chipmaker jumped 5% as second-quarter results surpassed estimates. AMD posted adjusted earnings of […]
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Patients on Alzheimer’s drug Leqembi see benefits over three years, Eisai study says
The newly FDA approved Alzheimer’s treatment Leqembi is prepared at Abington Neurological Associates in Abington, PA., on Tuesday, November 7, 2023. Hannah Yoon | The Washington Post | Getty Images The breakthrough Alzheimer’s drug Leqembi slowed disease progression in patients over three years, demonstrating the need for them to stay on the treatment long term, […]
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