Alphabet (GOOGL) stock is up about 25.34% year to date, at the time of writing, Saturday afternoon, May 16, according to Yahoo Finance. Meanwhile, the SPDR S&P 500 index (SPY) is up about 8.4% in the same period. Google has managed to outpace the S&P 500, but it has also outpaced other ...
Alphabet (GOOGL) stock is up about 25.34% year to date, at the time of writing, Saturday afternoon, May 16, according to Yahoo Finance. Meanwhile, the SPDR S&P 500 index (SPY) is up about 8.4% in the same period. Google has managed to outpace the S&P 500, but it has also outpaced other ...
World No 1 is first Italian to win title in 50 years 6-4, 6-4 victory completes set of ATP Masters 1000 titles Jannik Sinner continued his reign of terror over men’s tennis on the clay courts of Europe as he effortlessly recovered from a slow start to overpower Casper Ruud, the 23rd seed, 6-4, 6-4 and become the first Italian man in 50 years to win the Italian Open. It is difficult to overstate th...
World No 1 is first Italian to win title in 50 years 6-4, 6-4 victory completes set of ATP Masters 1000 titles Jannik Sinner continued his reign of terror over men’s tennis on the clay courts of Europe as he effortlessly recovered from a slow start to overpower Casper Ruud, the 23rd seed, 6-4, 6-4 and become the first Italian man in 50 years to win the Italian Open. It is difficult to overstate the historic nature of this triumph. Sinner is only the second man in history to win all nine ATP Masters 1000 titles. This feat, one of the most impressive in the sport, was first achieved by Novak Djokovic in 2018 at the age of 31. Sinner has completed his set at just 24 years old, still seemingly with so much more to achieve in the sport. Continue reading...
Jef Bezos and his wife, MacKenzie Scott, drove from New York City to Seattle to start Amazon.com in a rented garage. They stayed there and made Washington’s biggest city the headquarters for the world’s biggest online retailer. Later on, the company grew, and as part of its expansion, it set up a ...
Jef Bezos and his wife, MacKenzie Scott, drove from New York City to Seattle to start Amazon.com in a rented garage. They stayed there and made Washington’s biggest city the headquarters for the world’s biggest online retailer. Later on, the company grew, and as part of its expansion, it set up a ...
Massive Mushroom Cloud 'Test' Blast Rattles Uninformed Residents Outside Jerusalem Late Saturday night, a massive explosion and a bright fireball illuminated the skies over Israel's Beit Shemesh, deeply rattling local residents and setting off rampant speculation in local media and online commentary. The area lies just 19 miles west of Jerusalem, close enough to be located within Jerusalem Distric...
Massive Mushroom Cloud 'Test' Blast Rattles Uninformed Residents Outside Jerusalem Late Saturday night, a massive explosion and a bright fireball illuminated the skies over Israel's Beit Shemesh, deeply rattling local residents and setting off rampant speculation in local media and online commentary. The area lies just 19 miles west of Jerusalem, close enough to be located within Jerusalem District. Curiously, the state-owned Tomer rocket propulsion defense ministry-linked firm subsequently sought clarify that the blast was actually a controlled , pre-planned test and that authorities were notified in advance. However, community members have complained about receiving absolutely no warning , and were shocked at the immensity of the blast which lit up the night sky, visible for many miles. Tensions were already running high in the city which had been struck multiple times by Iranian missiles during the recent war. The sudden detonation fueled widespread anxiety and anger among residents already on edge, bracing for the potential renew of the Iran war and thus Iranian ballistic missile attacks. Times of Israel has cited Channel 12, saying that "the test involved propellants for rockets, including those with a range of thousands of kilometers . " The same report interestingly called it "apocalyptic" in appearance but suggested this was misleading : On Sunday, Kan reported that in the wake of the panic caused by the blast, a meeting was held at Tomer during which it was decided, in coordination with the Defense Ministry, to warn the public ahead of similar tests. Tomer sources told the broadcaster that due to operational needs, the company is conducting testing at all hours , including during the night. According to Kan, the company recently hired dozens of new employees, and the test was scheduled at night due to production constraints. Sources said it was carried out five kilometers from any population areas and that weather conditions had made the blast appear more "...
Excluding capital would be ‘missed opportunity’, says Sadiq Khan, given existing assets and ‘world-class infrastructure’ The mayor of London has criticised plans to explore a bid for the north of England to host the Olympics, saying that excluding London would be a “missed opportunity”. Ministers have commissioned an assessment by UK Sport which could inform a bid for the international sporting ev...
Excluding capital would be ‘missed opportunity’, says Sadiq Khan, given existing assets and ‘world-class infrastructure’ The mayor of London has criticised plans to explore a bid for the north of England to host the Olympics, saying that excluding London would be a “missed opportunity”. Ministers have commissioned an assessment by UK Sport which could inform a bid for the international sporting event in the 2040s. If the campaign were successful, it would be the first time the Olympic Games and Paralympics were hosted in Britain since London 2012. Continue reading...
Former Google CEO Eric Schmidt delivered the commencement address at the University of Arizona on Friday. And, as his speech veered into talk of AI, he was repeatedly drowned out by boos. AI is already a contentious topic, and it's not surprising that those about to enter a ravaged job market feel particularly negative about it. Schmidt acknowledged the anxiety, according to Business Insider , say...
Former Google CEO Eric Schmidt delivered the commencement address at the University of Arizona on Friday. And, as his speech veered into talk of AI, he was repeatedly drowned out by boos. AI is already a contentious topic, and it's not surprising that those about to enter a ravaged job market feel particularly negative about it. Schmidt acknowledged the anxiety, according to Business Insider , saying fears "that the machines are coming, that the jobs are evaporating, that the climate is breaking, that politics are fractured, and that you are inheriting a mess that you did not create," were "rational." But Schmidt's frustration was also palpa … Read the full story at The Verge.
German police shot dead a tiger that escaped from a private facility near the eastern city of Leipzig, with a 73-year-old man seriously injured in the incident, authorities said on Sunday. Police said the man was inside the enclosure when the animal broke free in Schkeuditz, on the outskirts of Leipzig. He was described as a volunteer authorised to be on the premises and was taken to hospital with...
German police shot dead a tiger that escaped from a private facility near the eastern city of Leipzig, with a 73-year-old man seriously injured in the incident, authorities said on Sunday. Police said the man was inside the enclosure when the animal broke free in Schkeuditz, on the outskirts of Leipzig. He was described as a volunteer authorised to be on the premises and was taken to hospital with serious injuries. “The tiger left its enclosure. It was then found by police officers near a garden...
In one of the more head-scratching moves this earnings season, Dutch Bros (NYSE: BROS) shares sank despite the coffee shop operator turning in another stellar quarter. As of this writing, the stock is down about 13% year to date. Let's take a closer look at its results and prospects, and at why I think Dutch Bros could be a great long-term stock buy. Image source: The Motley Fool. Continue reading
In one of the more head-scratching moves this earnings season, Dutch Bros (NYSE: BROS) shares sank despite the coffee shop operator turning in another stellar quarter. As of this writing, the stock is down about 13% year to date. Let's take a closer look at its results and prospects, and at why I think Dutch Bros could be a great long-term stock buy. Image source: The Motley Fool. Continue reading
DNY59 The U.S. government has crossed a symbolic fiscal threshold, with federal debt held by the public now exceeding 100% of gross domestic product, yet lawmakers in Washington appear largely unfazed as they continue pushing for higher spending on defense and immigration enforcement, the Dealbook column of the New York Times reported Saturday. The milestone has reignited warnings from budget watc...
DNY59 The U.S. government has crossed a symbolic fiscal threshold, with federal debt held by the public now exceeding 100% of gross domestic product, yet lawmakers in Washington appear largely unfazed as they continue pushing for higher spending on defense and immigration enforcement, the Dealbook column of the New York Times reported Saturday. The milestone has reignited warnings from budget watchdogs and economists who argue the nation’s debt trajectory is becoming increasingly unsustainable. But unlike past periods of fiscal panic, the latest debt surge has produced more shrugs than shockwaves in Washington. For investors, the bigger concern may not be the symbolic 100% figure itself, but the possibility that rising deficits and higher interest rates could keep pushing Treasury yields upward. That risks lifting borrowing costs across the economy, pressuring equities, housing and corporate investment while making government interest payments an even larger burden on future budgets. Economists say the debt buildup stems from years of crisis spending tied to the 2008 financial meltdown and the Covid-19 pandemic, combined with an aging population, repeated tax cuts and rapidly growing interest expenses. Unlike the post-World War II era, when strong economic growth and inflation helped reduce the debt burden, current projections show the ratio continuing to climb for decades. The Congressional Budget Office estimates publicly held debt could reach 175% of GDP by 2056. At the same time, financing that debt is becoming more expensive. Thirty-year Treasury yields recently climbed above 5%, their highest level since 2007, as investors demand greater compensation to hold long-dated government bonds. Some economists warn the rising interest burden could eventually crowd out private investment and reduce the government’s flexibility during future crises. Others note that countries such as Japan have operated with even higher debt loads, though the U.S. relies more heavily on...