Author: ovieoftoronto

Investing.com — Most Asian stocks fell on Thursday as technology shares followed U.S. stocks lower after semiconductor giant Micron's disappointing earnings outlook. Chinese shares continued to fall as weak industrial profits data further soured sentiment towards China, while traders await further developments in a potential trade war with the West. Regional markets received middling readings from Wall Street, which ended modestly higher in choppy trading, but U.S. stock index futures fell on Thursday as investors sold semiconductor shares after Micron Technology Inc. (NASDAQ:) reported a middling earnings outlook. Expectations for key US indicators such as economic data and the presidential…

Amazon.com Inc.'s market capitalization hit $2 trillion for the first time, as an artificial intelligence-fueled stock price surge propelled the tech giant further into record territory.The stock rose 3.9% to close at $193.61 on Wednesday, giving the company a market capitalization of more than $2 trillion. The company now joins an elite club of a small number of its peers whose market capitalizations exceed those of major companies.Alphabet surpassed the $2 trillion market capitalization milestone in late April, while rising stock prices have helped Nvidia, Microsoft and Apple each surpass $3 trillion in market capitalization.Amazon shares have been tumbling since…

Wang Yiwei, a Europe expert at Renmin University of China, said the EU has already adopted a risk-avoidance strategy to reduce economic reliance on China and boost its own competitiveness, but the rise of right-wing forces is likely to toughen its stance by pushing for punitive measures such as the recently introduced higher tariffs on Chinese-made electric cars.He said the most immediate impact would be on environmental cooperation, as right-wing politicians are highly sceptical of EU environmental policy.”The original purpose [for EV imports] “Initially the aim was to reduce emissions. But now people say the Green New Deal is wrong…

Illustration by Alyssa Phillips, Mosaic 2024. Editor's note: This story is part of the annual Mosaic Journalism Program for Bay Area high school students. The program is an intensive journalism course. Students in the program report stories and take photos under the tutelage of professional journalists. Society says I'm untouchable, and I agree. I'm a 17-year-old Asian American girl who didn't choose to be a doctor, lawyer, or engineer. I dream of being a journalist. I spend most of my time at my high school theater and hanging out with friends late into the night. My SAT scores were very…

When a Pune-based beauty brand welcomed the cutest member of its team — an adorable kitten — the company welcomed him with all its might. Nariyal Cosmetics hosted a 'Naamkaran Samaroo' for the kitten, the video of which is steadily going viral on Instagram. Meet Kokaya, a rescue cat from Nari'yal Cosmetics. (Instagram/@nariyalcosmetics) {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} Namkaran is a traditional Hindu ceremony held to officially choose a name for a newborn baby. In the video, Nariyal Cosmetics employees can be seen welcoming the white and orange kitten with an aarti, before tilak is applied to the kitten's forehead and…

The major U.S. stock indexes closed in positive territory, with the Dow Jones Industrial Average up 0.04% to 39,127.80 and the S&P 500 rising nearly 0.2% to 5,477.90. The Nasdaq also ended regular trading higher on Wednesday, up nearly 0.5% to 17,805.16.Below are the top stocks that captured the attention of retail traders and investors throughout the day.Micron Technology MU closed at $142.36, up 0.88%. The stock's intraday high was $144.07 and its intraday low was $139.54. Micron's 52-week high and low were $157.54 and $60.5, respectively. The company reported strong third-quarter results, beating analysts' expectations on both sales and…

The Bay Area's golden age of tech may be losing its luster. While other parts of the country dealt with massive job cuts in 2023, the Silicon Valley region appears to have been the most severely affected. A deep wave of job losses in the tech industry has not only left many scrambling to find new jobs, but also resulted in significant salary cuts for those who kept their jobs. This came after a period of explosive salary growth early in the pandemic, followed by relatively modest increases in 2022. Now, a study by advocacy group Women Impact Tech shows…

KINGSTON, Jamaica, 26 June 2024 (PAHO) – Amid growing concerns over the impacts of climate change on Small Island Developing States (SIDS), key stakeholders came together to discuss the significant implications for Jamaica’s public health system at the Health National Adaptation Plan (HNAP) Stakeholder Consultation, held in Kingston on 20-21 June. The two-day consultations highlighted the urgent need for robust strategies to address the health challenges posed by climate change. The two-day discussion focused on climate change, recognized as one of the greatest health threats of the 21st century, and brought together key stakeholders from the Ministry of Health and…

An elderly woman in China was shocked to discover that for 20 years she had been using what she thought was a simple hammer to crack nuts and drive nails, but the tool was actually a hand grenade.This incredible story began 20 years ago, when a 90-year-old woman surnamed Qin from Xiangyang city in central China's Hubei province discovered a rare “metal lump” while working on her farm in Huangbao county.She mistook it for a hammer because of its shape and took it home to use for various household tasks.”I use it at home to pound chili peppers, crack nuts…

Amid climate change and rising trade barriers, the risk of “food wars” is growing, said Olam Agri CEO Sunny Varghese. Joan Cross/NurPhoto via Getty ImagesOlam Agri CEO warns food wars will rise amid trade barriers and climate risks.Food inflation is already rising due to a widening imbalance between supply and demand.Protectionism is on the rise as countries seek to protect their domestic markets.Trade barriers and the climate crisis are tightening supplies and causing “food wars” to threaten global stability, the head of trading company Olam Agri has warned.In comments first reported by the Financial Times, Chief Executive Sunny Varghese suggested…