Carter Worth, Worth Charting, looks at the technicals on Apple and Google’s divergence. Source link
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Last year’s Kansas City Chiefs victory over the San Francisco 49ers was the most-watched Super Bowl of all time, and this year’s game has “a chance” to top it, said NFL Chief Media and Business Officer Brian Rolapp.”It’s got a chance, considering the last time they met two years ago, it was the second-most watched Super Bowl. So if the game is close, I think it’s got a chance,” said Rolapp in an interview with CNBC Sport.Last year, CBS Sports’ coverage of Super Bowl 58, which the Chiefs won 25-22 in overtime, delivered a record audience of more than 123 million…
NEW ORLEANS — Spring 1982. Sixteen seconds left in the NCAA final, and a skinny freshman from North Carolina buries a jumper that delivers a championship and changes his life.He showed up in New Orleans that week as Mike Jordan. He left as Michael.By that point, the sprawling steel building that provided the stage for Jordan’s arrival into the national consciousness — the seven-year-old Louisiana Superdome — was used to gripping theater unfolding within its walls. In November 1980, as the seconds ticked away at the end of the eighth round of the world welterweight championship, boxer Roberto Durán, tired…
Prince Rahim al-Hussaini, a son of the Aga Khan IV, was named as his successor on Wednesday, inheriting the role of spiritual leader of millions of Ismaili Muslims around the world.Rahim, 53, became the fifth Aga Khan and the 50th imam of the Nizari Ismaili branch of Shia Islam, whose leaders claim descent from the Prophet Muhammad. There are only 12 million to 15 million Ismailis, but the community has had an outsize impact through their institutions — among them hospitals and universities — and humanitarian work.“My expectation would be that there is a continuation of that legacy, because it…
The stock market is on a volatile ride this week in part because of the tariff back-and-forth from the Trump administration and various countries. But Third Point’s Daniel Loeb believes investors should relax. The hedge fund manager believes stocks will benefit from the macro environment going forward, even with periods of volatility brought on by President Donald Trump’s unique policymaking. “Overall, Third Point expects the environment for investing in equities to continue to be favourable, with the caveat that there will likely be periodic dislocations caused by the unconventional approach of this Administration in conveying and enacting policy that affects…
Qualcomm CEO Cristiano Amon speaks at the Computex forum in Taipei, Taiwan, June 3, 2024.Ann Wang | ReutersQualcomm reported better-than-expected fiscal first-quarter results on Wednesday and issued strong guidance for the current period.Here’s how the chipmaker did versus LSEG consensus estimates for the quarter ending Dec. 29:Earnings per share: $3.41, adjusted, vs. $2.96 estimatedRevenue: $11.67 billion vs. $10.93 billion estimatedRevenue in the quarter rose 18% from $9.92 billion a year ago. Shares fell 3% in extended trading.For the March quarter, Qualcomm said it expects revenue of between $10.2 billion and $11 billion, which at its midpoint tops LSEG expectations of…
Investors are hoping to hit the reset button with Eli Lilly ‘s earnings report on Thursday morning. In mid-January, the maker of obesity medication Zepbound lowered its fourth-quarter revenue forecast as sales of the GLP-1 drug ramped up slower than anticipated. The warning followed disappointing third-quarter results in October, which led to months of choppy stock performance. Shares are trying to regain momentum, with a 9% advance since the year began. However, the stock closed Tuesday 15% below the 52-week high of $972.53 that was reached in late August, when many thought the company was on a runway to hit…
FILE PHOTO: Robin Washington speaks on stage during 2019 Watermark Conference for Women Silicon Valley at San Jose McEnery Convention Center on February 22, 2019 in San Jose, California.Marla Aufmuth | Wireimage | Getty ImagesSalesforce on Wednesday said former Gilead Sciences finance chief Robin Washington will join the software maker to become president and chief financial and operating officer. Washington will join Salesforce in March, replacing finance chief Amy Weaver and operating chief Brian Millham, who will retire in May.In August, Salesforce said Weaver would step down once the company had named a successor. Under Weaver, Salesforce widened its adjusted…
Austin Capobianco has grown accustomed to the blowback. It’s been more than three months since the 38-year-old Connecticut man grabbed and pried open the glove of Los Angeles Dodgers right fielder Mookie Betts in Game 4 of the World Series at Yankee Stadium. He’s received hundreds of texts and voicemails from strangers telling him to go to hell or worse.He’s been excoriated on social media — just one penance for a sin witnessed live on television by 16 million people and replayed countlessly online since.But this winter, not long before Capobianco would receive a letter from Major League Baseball indefinitely…
The U.S. dollar’s future path could have significant implications for U.S. equities. While many investors don’t trade the dollar or other currencies, we should all be paying attention to the foreign exchange markets. First, let’s assess the dollar’s current technical state. Here is a long-term, 20-year monthly chart of the ICE U.S. Dollar Index , which compares the greenback to a basket of other currencies. A few things stand out: First, the dollar has been attempting to break out from a multi-year trading range for just the third time in the last 20 years. The U.S. dollar’s marginal loss in…
