Author: i2wtc

Key Takeaways This week could be the biggest one of the earnings season, with Microsoft, Apple, Amazon and Meta scheduled to report earnings.Any big moves in these stocks would impact major stock indexes, and markets may be on edge after earnings reports from Tesla and Alphabet sent tech stocks soaring last week.Poor performance from big technology companies this week could widen the cracks that began appearing last week.Investors will also be keeping an eye on capital spending from Microsoft and Amazon after Wall Street rallied against Alphabet’s AI investments. Stock markets have been volatile in recent weeks and could see…

KAPUR: Maria Conceição on Sunday became the first Portuguese woman to summit the 8,611-metre K2 peak in Pakistan’s northern Gilgit-Baltistan (GB) province, a local travel agency confirmed. A sparsely populated region, GB is home to some of the world’s highest mountains and is a major tourist destination. Hundreds of tourists flock to the region every year to climb various peaks, paragliding and enjoy other activities. K2, also known as the “Barbarian Mountain”, is the highest peak in Pakistan and the second highest mountain in the world. In the past, several climbers have died while attempting to summit this towering peak.…

CNN — Israel has blamed Lebanese militant group Hezbollah for a rocket attack in the Israeli-occupied Golan Heights that killed 12 children and vowed that the group will “pay a price”, reviving fears that all-out war could engulf the region. Hezbollah said it “categorically denies” that it was behind the attack, the deadliest to hit Israel and Israeli-controlled territory since the October 7 attacks. Israeli warplanes carried out airstrikes late Sunday night “deep inside Lebanese territory” and on Hezbollah positions along the border, the army said in a statement Sunday morning. It was not immediately clear whether the strikes caused…

The tech crash isn’t over yet.That’s the warning from a top strategist as investors sell off big tech stocks and pour into previously out-of-favor areas of the market.The Nasdaq 100 Index ended the week down 2.7%, its third straight weekly decline and the technology sector’s biggest one-day percentage drop since October 2022.The culprits are bets on the Fed cutting interest rates, Tesla’s (TSLA) sluggish earnings, and concerns about Alphabet’s (GOOG, GOOGL) increased AI spending.”Valuations are perfectly priced both from an earnings perspective and an interest rate perspective, and ultimately we’ll see some sort of valuation correction,” Megan Hornman, chief investment…

Oh if David Stern could see this.The late NBA commissioner’s dream of extending basketball at the highest level far beyond the borders of the United States was never more evident than with the reigning three-time NBA MVP taking part in the opening game of the Olympic Games. face Team USA.Nikola Jokic turns heads every time he steps onto the court for the Denver Nuggets, but he’ll have a tough job leading Serbia to Group C against a Team USA roster full of basketball stars. LeBron James, Stephen Curry, Kevin Durant and Jayson Tatum will lead a future Hall of Fame…

The Nasdaq 100 Index is in the midst of a correction after dropping 8% in just over two weeks due to a fierce withdrawal by big tech companies. Avoiding this questionable milestone will depend on the earnings of four companies worth nearly $10 trillion combined. The week also sees the Federal Reserve’s interest rate decision, and investors will be primarily focused on Microsoft’s earnings report on Tuesday, followed by earnings reports from Meta Platforms Inc, Apple Inc and Amazon.com Inc over the next two days. The stakes were already high after a surge in Big Tech stocks in the first…

Looking for a carefree family vacation? Cruises have something for every age group and are the perfect inspiration for your next trip. Photo by BluIz60 via Depositphotos. Lisa Wells Family vacations are a great way to bring loved ones together, but planning them can be a pain. Picking a trip that will entertain everyone – the grandparents, the parents, the kids – can be a challenge. A cruise is the perfect family vacation that the whole family can enjoy. Cruise ships offer fun and relaxation as they sail to a variety of destinations. Whether you’re looking for endless activities, total…

The 10-member ASEAN nations expressed “concern” in a joint statement at the end of a three-day meeting on Saturday amid an escalating standoff between the United States and China over regional hegemony.Observers said the statement highlighted deep divisions within the group.Maria Temar Tana, an adjunct fellow at the Stratbase ADR Institute in Manila, said China’s assertive behavior has strained ties with other Southeast Asian countries and the two remain deeply divided over how to deal with an increasingly confident China.”Some countries are wary of direct confrontation with China, but also wary of becoming too dependent on China. This forces them…

The 10-member ASEAN nations expressed “concern” in a joint statement at the end of a three-day meeting on Saturday amid an escalating standoff between the United States and China over regional hegemony.Observers said the statement highlighted deep divisions within the group.Maria Temar Tana, an adjunct fellow at the Stratbase ADR Institute in Manila, said China’s assertive behavior has strained ties with other Southeast Asian countries and the two remain deeply divided over how to deal with an increasingly confident China.”Some countries are wary of direct confrontation with China, but also wary of becoming too dependent on China. This forces them…

PATNA: Ahead of the Bihar Assembly elections scheduled for October next year, political analyst Prashant Kishore on Sunday formally announced the launch of a new political outfit on October 2, 2024, claiming that a 10 lakh member party will lay the foundations of the party.Kishor, who met with functionaries of his Jan Suraj Abhiyan organisation in the state capital, claimed his proposed party would form a “people’s government” after the state assembly elections. He expressed confidence that his new party could make history, claiming that the Jan Suraj Party would be the first party in India to have 10 million…