The death of Juan Manuel Izquierdo has left Nacional de Montevideo, and the whole of Uruguay, in a deep sense of despair. He died on August 27 at the age of 27, five days after collapsing on the pitch during Nacional’s Copa Libertadores round of 16 match against the Brazilian club Sao Paulo. A week after his tragic passing, those closest to Izquierdo search for answers, hoping to make sense of the senseless. “My heart is torn, it’s bleeding,” his wife Selena wrote on social media. Izquierdo leaves behind two children, the youngest of whom was only two weeks old when…
Author: usaeverydaylife
It’s been a topsy-turvy stock market since the Club’s August Monthly Meeting. The S & P 500 jumped 1.8% over the period, while the Dow Jones Industrial Average and Nasdaq Composite advanced 2.1% and 0.9%, respectively. But it hasn’t been a one-way climb for the stock market. Investor concerns around the longevity of the generative artificial intelligence boom , coupled with the market’s sensitivity to the Federal Reserve’s next policy move, have caused Wall Street to seesaw in recent weeks. Case in point: On Friday, the S & P 500 wrapped up its worst week since March 2023, dragged down by…
Seeing more upside ahead, Bernstein has named Oracle a “top investment idea” for investors seeking to play the cloud trade. With an outperform rating on the stock, the firm has a price target of $175, which implies more than 11% upside from Wednesday’s close. Bernstein’s call comes after the stock has already seen major gains this week. On Tuesday, Oracle jumped more than 11% following better-than-expected first-quarter earnings , putting its shares at a 49% gain year to date. Its performance this year trails only Nvidia among megacap tech names. ORCL YTD mountain Oracle, year-to-date In a Thursday note, analyst…
Satellite image of Hurricane Francine on Sept. 11th, 2024.NOAA GOES EASTU.S. crude oil jumped more than 2% to trade above $69 per barrel on Thursday after Hurricane Francine churned through the Gulf of Mexico, disrupting oil production before making landfall in Louisiana.Oil futures rose more than 2% in the previous session as the storm threatened supplies. As of 1 p.m. Central Time Wednesday, nearly 675,000 barrels per day of oil were shut in the Gulf, according to Andy Lipow, president of Lipow Oil Associates.The figure will likely to rise to over 1 million bpd on Thursday, Lipow said.”Hurricane Francine has…
Phil Spencer, executive vice president at Microsoft, speaks at the company’s Xbox One X reveal event ahead of the E3 Electronic Entertainment Expo in Los Angeles on June 11, 2017.Patrick T. Fallon | Bloomberg | Getty ImagesMicrosoft on Thursday said it is cutting 650 roles at its Xbox gaming division, in the latest major round of layoffs to hit the video game industry.It marks the third series of redundancies in Microsoft’s video game unit since the company’s blockbuster acquisition of Activision Blizzard, the publisher behind the Call of Duty franchise, for $69 billion in cash.The U.S. tech giant confirmed to…
OpenAI CEO Sam Altman during a fireside chat organized by Softbank Ventures Asia in Seoul, South Korea, on Friday, June 9, 2023.SeongJoon Cho | Bloomberg | Getty ImagesLeaders at OpenAI, Anthropic, Microsoft, Google and several American power and utility companies met Thursday at the White House to discuss the future of artificial intelligence energy infrastructure in the U.S., sources familiar with the meeting told CNBC.OpenAI CEO Sam Altman, Anthropic CEO Dario Amodei and Google President Ruth Porat all attended the meeting, which focused on bringing the public and private sectors together to talk about artificial intelligence’s energy usage, data center…
Nothing heralds the beginning of autumn more than people stating that it is “too early to look at the league table”. Listen to some and you might be convinced there was once a glorious era when those interested in football didn’t even glance at the standings until eight, 10, maybe even 12 games in.The truth is that, even back in September 1888, when league football as a concept was only a week old, publications were printing the tables (albeit without the number of points won, as that detail had not been invented yet). Similarly, in the 1980s and 1990s, the…
Ulysses “Junior“ Bridgeman attends Day 2 of 2023 Invest Fest at Georgia World Congress Center on August 27, 2023 in Atlanta, Georgia. Paras Griffin | Getty ImagesBusinessman and former NBA player Ulysses Lee “Junior” Bridgeman is buying a 10% stake in the Milwaukee Bucks, according to three sources familiar with the deal. The transaction will value the team at $4 billion.NBA owners will be notified of the sale in a memo Thursday, added the sources, who asked to remain anonymous because the details of the deal are not public.Bridgeman, the current owner of Ebony and Jet magazines, is getting a preferred…
A pharmacist holds a vial of lenacapavir, the new HIV prevention injectable drug.Nardus Engelbrecht | APGilead’s twice-yearly shot reduced HIV infections by 96% in a second large study, the company said Thursday.The positive phase three trial data on lenacapavir sets the stage for likely approval by the U.S. Food and Drug Administration for HIV prevention.”Now that we have a comprehensive dataset across multiple study populations, Gilead will work urgently with regulatory, government, public health and community partners to ensure that, if approved, we can deliver twice-yearly lenacapavir for PrEP worldwide, for all those who want or need PrEP,” said Gilead…
Ted Cannis, chief executive officer of Ford Pro, speaks during an interview in New York, on Thursday, July 28, 2022.Victor J. Blue | Bloomberg | Getty ImagesDETROIT — The head of Ford Motor’s highly profitable “Pro” commercial and fleet business will retire at the end of this month, the company said Thursday.The automaker said Ford Pro CEO Ted Cannis, who has spent 35 years with the company, will be replaced on an interim basis by Andrew Frick, president of Ford’s traditional “Blue” operations, until the company announces a new leader.”Ted’s energy and passion for customers has been instrumental in building…
