Given the market’s resiliency and ongoing enthusiasm for artificial intelligence, it might seem silly to snatch defeat from the jaws of victory. Unlike earlier this year, when more stocks were joining the party, megacap tech stocks are firmly back in the driver’s seat. Nvidia’s ascendancy has been an integral part of the market’s new highs.
Investing.com -- Warren Buffett's Berkshire Hathaway (NYSE:BRKa) has offloaded 1.3 million Hong Kong-listed shares of electric vehicle giant BYD (SZ:002594) in a move worth HK$310.5 million, according to media reports.
NEW YORK (Reuters) -Oil prices surged nearly $2 a barrel on Monday to their highest settlement levels in over a month, adding to last week's gains as investors grew more optimistic on the demand outlook. Last week, both benchmarks posted their first weekly gain in four weeks after reports from the OPEC+ producer group, the International Energy Agency and U.S. Energy Information Administration raised confidence that oil demand will improve in the second half of the year and help inventories draw down. Reassurances from OPEC+ that a plan to raise supplies from the fourth quarter of this year could be paused or reversed based on market conditions also helped prices firm.
At the brink of what may be the hottest summer on record, the Texas oil and gas industry is pumping out planet-heating fuels at record levels, a new report has found. Estimates from the Texas Oil and Gas Association (TXOGA) released Monday found the state umped out a record 5.7 million barrels per day of…
The Indian market has shown robust growth, climbing 2.7% in the last week and an impressive 45% over the past year, with earnings projected to grow by 16% annually. In this thriving environment, stocks of growth companies with high insider ownership often signal strong confidence from those most familiar with the company's prospects and operations.
BEIJING (Reuters) -China has opened an anti-dumping investigation into imported pork and its by-products from the European Union, a step that appears mainly aimed at Spain, the Netherlands and Denmark, in response to curbs on its electric vehicle exports. The investigation announced by China's commerce ministry on Monday will focus on pork intended for human consumption, such as fresh, cold and frozen whole cuts, as well as pig intestines, bladders and stomachs. It was prompted by a complaint submitted by the China Animal Husbandry Association on June 6 on behalf of the domestic pork industry, the ministry said.
The NHTSA recently announced recalls for 239,120 vehicles. This includes Chrysler, General Motors, Toyota and Kia cars.
(Bloomberg) -- China has reduced power generation from fossil fuels as output from sunlight and water surges, feeding hopes that the world’s biggest polluter may have peaked emissions years before its own deadline.Most Read from BloombergFlesh-Eating Bacteria That Can Kill in Two Days Spreads in JapanThese Are the World’s Most Expensive Cities for Expats in 2024What to Know About the Deadly Flesh-Eating Bacteria Spreading in JapanHedge Funds’ Secret Weapon to Fight the SEC Lives in TexasEx-Trump
Amidst a backdrop of global economic fluctuations and regional uncertainties, the Hong Kong market has shown resilience, making it an intriguing area for investors looking for dividend yields. In this context, selecting stocks that not only offer high yields but also demonstrate stability and strong fundamentals becomes crucial.
Harry Enten said it could point to "a historic moment" in American politics.
Aussie shoppers are divided over a woman's disgusting Kmart find. Read more.
Multiple tennis players have dropped out of the Olympic Games as a result.
Jerry Seinfeld’s performance in Australia on Sunday was briefly derailed by an anti-Israel heckler who was mercilessly mocked by the comedian. “We have a genius ladies and gentlemen, he solved the Middle East,” Seinfeld joked as the crowd in Sydney jeered the heckler. As security moved to eject the person, he continued, “They’re going to start punching you in about three seconds, so I would try to get all of your genius out so we can all learn from you.” Read more at The Daily Beast.Get the Dail
Christian Petracca has provided an insight into his situation. Read more here.
The viral video captures a common struggle of Aussie living. Find out more.
A third company has begun a recall over fears of possible E.coli contamination - with customers being urged to avoid eating a specific product.
Lawyers for Bruce Lehrmann have indicated their next move at a committal hearing for the former parliamentary staffer, who is charged with raping a woman in 2021.
Three people have died and another two have been taken to hospital following a horror crash on Monday morning.
The Maroons legend has taken a swipe at the NSW coach over his comments. More here.
Katy Perry was in tears when she said “goodbye” to American Idol last month, but today she teased the first single of her post-Idol music career with a celebratory announcement. Perry posted a wild photo of herself as a bikini-clad centauress and revealed the title of her new song, “Woman’s World,” and the date it …
It's the latest in a long list of reckless stunts by tourists in Bali causing local authorities to crack down on unruly behaviour. Watch what happened.
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