Welcome back to the Monday Tennis Briefing, where The Athletic will explain the stories behind the stories from the past week on court.This week, the Six Kings Slam ended, while tournaments in Europe and Asia moved the season closer to the finals in Turin, Italy, for the ATP and in Riyadh, Saudi Arabia, for the WTA.If you’d like to follow our fantastic tennis coverage, click here.A look at why players do — and then don’t — speak out?Ugo Humbert became the latest player to criticise the tennis schedule this week. The French world No. 16 called the extension of several ATP…
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Macroeconomic uncertainties, mounting geopolitical tensions and a desire to hedge against inflation have given gold — the classic “safe haven” asset — a blistering rally. Spot gold prices have soared above $2,700 an ounce, rallying for the fifth day on Monday to hit another record high of over $2,733 an ounce. Year-to-date, spot gold is up over 30%. And Michael Widmer, head of metals research at Bank of America, says it has further to go. ‘If gold doesn’t rally now, then I’m not sure when it ever will. Actually, I think the fundamental backdrop looks actually quite good,” he told…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyGene Munster, Deepwater Asset Management, joins ‘Fast Money’ to talk risks to the GenAI business model, publishers suing Perplexity, and more.05:07an hour ago Source link
Nitin Kumar, VP, Product Management, Qualcomm Technologies, speaks about Qualcomm semiconductor collaborations with Samsung at Samsung’s IFA 2024 presentation, where the company unveils its latest innovations and celebrates the possibilities AI can create for everyone, at CityCube on September 04, 2024 in Berlin, Germany. Adam Berry | Getty ImagesQualcomm said on Monday it is bringing technology first developed for its laptop chips to its mobile phone chips, aiming to make them more powerful for generative AI tasks.The San Diego-based company is the world’s biggest seller of mobile phone chips. In an effort to expand its business, the company in 2021 hired a group of…
Sunday provided an extreme example of what the San Francisco 49ers can look like, at their worst, with Brock Purdy left to fend for himself on offense.Star running back Christian McCaffrey remained out. Starting receiver Deebo Samuel fell ill shortly before kickoff and lasted three snaps. The other starting receiver, Brandon Aiyuk, suffered a likely season-ending knee injury shortly before halftime.If Purdy had carried the 49ers past the two-time defending Super Bowl champion Kansas City Chiefs with all that stacked against him, what else would remain for him to prove? That Purdy tossed three interceptions in a dreary 28-18 defeat…
An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City on Dec. 11, 2023.Brendan McDermid | ReutersEli Lilly said on Monday it sued three medical spas and online vendors for selling products claiming to contain tirzepatide, the main ingredient in its popular weight-loss medicine Zepbound, including in the form of dissolvable tablets.The new lawsuits, which name Pivotal Peptides, MangoRx and Genesis Lifestyle Medicine of Nevada, are the first related to copycat tirzepatide filed since the U.S. Food and Drug Administration took the drug off its list of medicines in short supply earlier this month.Lilly said these lawsuits were not in any way contingent on tirzepatide coming off of…
Apple shares just hit a new all-time high last week, but some mounting concerns could weigh on the stock leading up to and after its earnings report later this month. I’ll describe a way to hedge an Apple position. Apple (AAPL) is the largest publicly traded company in the world. The company designs, manufactures, and markets smartphones, personal computers, tablets, wearables, accessories, and related services. The largest source of revenue is the iPhone, and the company released its iPhone 16 last month. Other Apple products include Mac computers and iPad tablets, Apple Music, the Apple Watch, and other wearable devices.…
Lucid Motors CEO Peter Rawlinson poses at the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) begins trading on the Nasdaq stock exchange after completing its business combination with Churchill Capital Corp IV in New York City, New York, July 26, 2021.Andrew Kelly | ReutersDETROIT — Investors misinterpreted a public offering on Wednesday by Lucid Group that raised roughly $1.75 billion — and led to the stock’s worst daily performance in nearly three years, CEO Peter Rawlinson told CNBC.Rawlinson said the raise, which included a public offering of nearly 262.5 million shares of its common stock, was a timely, strategic business…
After the Patriots lost their sixth in a row, first-year coach Jerod Mayo called his team soft.After the boos rained down on Saquon Barkley in his return to MetLife Stadium — one sign even read “TRAITOR” — the Eagles’ star running back torched his old team.And after another tumultuous week in the unending soap opera that is the New York Jets, the end result — a 37-15 loss to the Steelers on Sunday night — looked and felt familiar. At 2-5, this team can’t get out of its own way, and the season feels lost before the calendar flips to…
Check out the companies making headlines after the bell . Nike — Shares added nearly 1% after the sneaker giant and athletics apparel company renewed its uniform partnership with the NBA and WNBA. The company will be the exclusive provider of uniforms for both leagues for another 12 years. Zions Bancorporation — The regional bank stock rose 3% on stronger-than-expected third-quarter results. Zions reported earnings of $1.37 per share on $792 million in revenue, ahead of the earnings of $1.17 per share and $779 million in revenue expected by analysts polled by LSEG. Net income also came in ahead of…
