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Microsoft, Google beat earnings expectations amid AI frenzy
Microsoft, Google beat earnings expectations amid AI frenzy
Tech titans Google and Microsoft announced better then expected earnings on Tuesday as the frenzy over artificial intelligence stokes investor excitement and breathes a...
2023-07-26 06:28
Hog Herds to Shrink as US Farms Lose Money, Smithfield Warns
Hog Herds to Shrink as US Farms Lose Money, Smithfield Warns
American pig farmers are losing so much money that some may soon start selling the corn they would
2023-06-22 23:40
Max Verstappen emotional as he says goodbye to dominant 2023 Red Bull car
Max Verstappen emotional as he says goodbye to dominant 2023 Red Bull car
Max Verstappen admitted he was left feeling emotional after bidding farewell to the Red Bull machine that carried him to the most dominant Formula One season ever seen. Verstappen ended his crushing championship campaign with his 19th win of the year in Abu Dhabi on Sunday, becoming the first driver to lead 1,000 laps in a single season. The all-conquering Dutchman has won 17 of the last 18 races – which included a record streak of 10 straight victories – and wrapped up his third successive world title with six rounds to spare. He failed to win on just three occasions, out-scoring Sergio Perez in the other Red Bull by 290 points – the equivalent of nearly 12 Grand Prix victories. “It has been an incredible season and I was emotional on the in-lap back to the pits because it was the last time I will sit in a car which has given me so much,” said the 26-year-old. “It will be very hard to have another season like this and we know that. Of course, you always want to do better and we are working hard for next year to have a very competitive car. “All the other teams out there want to try and beat us next year, but we are ready for the battle.” Verstappen is under contract with Red Bull until 2028 and, without a major regulation change until 2026, he could be untouchable for the next two seasons. His 54th career win at the Yas Marina Circuit moved him to a standalone third in the all-time list, with only Lewis Hamilton’s 103 wins and Michael Schumacher, on 91 now, ahead of him. Red Bull only failed to complete a perfect season following one off-colour weekend in Singapore. “To win 21 out of 22 races is insanity,” said Red Bull team principal Christian Horner. “For Max to have led over 1000 laps out of 1300, to win 19 races and break so many records along the way, this car will go down in history for a considerable point of time as the most successful in Formula One. “But nothing stands still in this sport and I am sure concepts will converge, and stable regulations will concertina the grid, so I don’t think we will ever be able to repeat the season we have just had.” Following a mammoth nine-month campaign, Verstappen will open his bid for a fourth consecutive title in Bahrain in 96 days. Read More How Max Verstappen compares to Formula One greats after record-breaking season Lewis Hamilton cannot wait for season to end after qualifying 11th in Abu Dhabi George Russell fastest as rookies handed chance in first Abu Dhabi practice Class action lawsuit filed over farcical start to Las Vegas Grand Prix Lando Norris slams Sergio Perez after collision: ‘It’s nothing new’ Williams boss refuses to confirm Logan Sargeant’s seat for 2024
2023-11-27 22:18
Mattel Promotes Robbie Brenner to President of Mattel Films
Mattel Promotes Robbie Brenner to President of Mattel Films
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Sep 27, 2023--
2023-09-28 05:12
FIFA 23 Team of the Year Icons Leaked: Full List
FIFA 23 Team of the Year Icons Leaked: Full List
Full list of FIFA 23 Team of the Year Icons has been leaked including Ronaldinho, Ruud Gullit, Ashley Cole and more.
1970-01-01 08:00
Stellantis, striking US auto union reach tentative deal
Stellantis, striking US auto union reach tentative deal
Stellantis and the striking United Auto Workers union have reached a preliminary deal similar to the one struck earlier this week with Ford, the union said Saturday -- allowing members to...
2023-10-29 07:26
European Stocks Drop for First Time in Three Days on Policy Risk
European Stocks Drop for First Time in Three Days on Policy Risk
European stocks declined for the first time in three days as investors weighed the possibility of hawkish-for-longer central
2023-08-11 19:57
Forest fire risks mount in drought-hit Nordic nations
Forest fire risks mount in drought-hit Nordic nations
"I need water", pleads farmer Lars Jonsson, casting a desperate eye over a parched field in eastern Denmark where the only shade is...
2023-06-17 01:19
5 Kansas City Royals players who won’t be on the big-league roster next season
5 Kansas City Royals players who won’t be on the big-league roster next season
The Kansas City Royals, must decide what there future goals are, if they want to continue to fail or if they want to rebuild and start again after failing to get adequate talent, while also butchering there farm system with failure.
2023-09-21 23:36
Bitcoin price dramatically crashes amid market worries
Bitcoin price dramatically crashes amid market worries
Bitcoin’s price has crashed dramatically, amid what seems to be a broader worry in the financial markets. The world’s biggest cryptocurrency has fallen more than 7 per cent over the last 24 hours, and almost 12 per cent in the last week. Other large digital currencies saw similar falls, though not as stark. Ethereum, the second biggest cryptocurrency by market cap, has lost around 10 per cent of its value in the last week. The troubles mean that the crypto market as a whole is down 5.7 per cent over the last 24 hours, according to tracking website Coinmarketcap. Trading volumes increased sharply, too, and were up almost 80 per cent over the last 24 hours. Thursday’s drop in the price of the cryptocurrency was the biggest one day fall since November 2022. That happened when large exchange FTX collapsed, sending shockwaves through the crypto markets and leading to widespread fears. This time around, there was no obvious connection to events in the cryptocurrency market. Instead, investors seemed concern about the economy more generally, and more traditional assets were also hit by falls in recent days. Wall Street’s main indexes fell on Friday, extending declines to the fourth session on a drag from megacap growth stocks, as evidence of a resilient U.S. economy fanned fears of interest rates staying higher for longer. The three main US stock indexes are on track for sharp weekly losses as a spate of strong economic data, including a fall in weekly jobless claims, caused investors to dial back expectations of rate cuts and drove up government bond yields. The yield on the 10-year Treasury note hit a ten-month high of 4.328 per cent in the previous session and came within a whisker of its highest level since 2007. “The drivers really have been of late the rising Treasury yields and that is signaling a more risk-off investor sentiment,” said Art Hogan, chief market strategist at B Riley Wealth. “Investors are looking at (better-than-expected economic data) and saying the Fed likely isn’t restrictive enough yet.” Traders see a nearly 91% chance of the Fed holding rates at current levels at its September meeting, according to the CME Group’s FedWatch tool. On Friday, rate-sensitive big technology and growth stocks such as Apple, Microsoft, Tesla and Nvidia slipped between 0.7% and 2.8% even as Treasury yields took a breather. The communication services and technology sectors housing major growth stocks fell 1.6% and 1.0% respectively. The tech-heavy Nasdaq hit an over two-month low and is set to post the biggest weekly declines of the three major indices, down 3 per cent so far. The CBOE volatility index hit its highest in nearly three months, reflecting rising investor anxiety. Additional reporting by Reuters
2023-08-18 23:57
Star Wars Outlaws won't be a '200 or 300-hour epic' that's 'unfinishable'
Star Wars Outlaws won't be a '200 or 300-hour epic' that's 'unfinishable'
'Star Wars Outlaws' Creative Director Julian Gerighty insists the game won't be so large it's difficult to complete.
2023-07-27 19:00
Malaysia raids Swatch stores, seizes colorful watches linked to gay pride
Malaysia raids Swatch stores, seizes colorful watches linked to gay pride
Swiss watchmaker Swatch says Malaysian authorities have raided its stores and confiscated 164 watches from its Pride Collection
2023-05-24 11:40