Rosé of K-pop girl group BLACKPINK smiles during an event to promote her film ‘Born Pink’, marking the group’s eighth anniversary, in Seoul on August 9, 2024. Anthony Wallace | Afp | Getty ImagesShares of South Korean media company YG Plus soared to a seven month high after the release of a collaboration track between Blackpink member Rosé and Bruno Mars on Oct. 18 topped streaming charts around the world.YG Plus shares climbed almost 30% on Monday, and as much as 29.8% on Tuesday, after the track, titled APT reached the top of Spotify’s Top 50 Global playlist and came in…
Author: usaeverydaylife
The General Motors headquarters inside the Renaissance Center in Detroit on April 15, 2024.Jeff Kowalsky | Bloomberg | Getty ImagesDETROIT — General Motors is set to report its third-quarter earnings before the bell Tuesday.Here is what Wall Street is expecting, according to average estimates compiled by LSEG:Earnings per share: $2.43 adjustedRevenue: $44.59 billionThose results would mark a 1% uptick in revenue compared with a year earlier and a 6.6% increase in adjusted earnings per share.GM’s 2023 third quarter included $44.13 billion in revenue, net income attributable to stockholders of $3.06 billion, or $2.20 per share, and adjusted earnings before interest…
Nike will be the exclusive uniform and apparel provider for the National Basketball Association and Women’s National Basketball Association for another 12 years after they renewed their partnership with the sneaker giant, the leagues announced Monday.Under the terms of the deal, Nike will be the leagues’ global outfitting, merchandising, marketing and content partner until 2037. The company will also be in charge of designing and manufacturing uniforms, on-court apparel and fan merchandise.Nike’s last deal with the basketball leagues, which kicked off during the 2017-18 NBA season, was reported to be worth $1 billion and marked the first time an apparel…
Close up stack of gold bars, financial wealth concepts and businessVector Photo Gallery | Istock | Getty ImagesGold is in a “new bullish phase” after prices notched another record high, said asset management firm Sprott Asset Management, echoing other analysts who have predicted that the bullion will continue to scale new heights.”Gold has entered a new bullish phase, driven by factors like central bank buying, rising U.S. debt and a potential peak in the U.S. dollar,” Paul Wong, market strategist at Sprott Asset Management, wrote in a note, after the price of the yellow metal advanced to a fresh record…
Scotiabank has highlighted three biotechnology companies as its “top picks,” each with the potential to more than double in stock price over the next 12 months. The bank’s optimism for these companies and the broader biotechnology sector is partly based on anticipated changes in the macroeconomic environment. Greg Harrison, equity analyst at Scotiabank, said “macro monetary policy pivot to rate cuts is a notable tailwind that will likely reignite wider investment interest in the sector” in a note to clients on Oct. 15. “The Biotechnology sector is firing on all cylinders, with strong execution leading to numerous products in development…
Vice President and Democratic presidential candidate Kamala Harris (L) holds a moderated conversation with Former US Rep. Liz Cheney, Republican of Wyoming, at People’s Light performing arts theater Malvern, Pennsylvania, on October 21, 2024. Brendan Smialowski | Afp | Getty ImagesVice President Kamala Harris and Republican former Rep. Liz Cheney participated in a series of moderated conversations on Monday across the “Blue Wall” battleground states of Pennsylvania, Michigan and Wisconsin.”It’s not about party, it’s about right and wrong,” Cheney said in Birmingham, Michigan. “I would just remind people, if you are at all concerned, you can vote your conscience and not…
LOS ANGELES — Shohei Ohtani strolled into the Los Angeles Dodgers clubhouse about three and a half hours before first pitch, displaying the easygoing demeanor of a kid he once was growing up in Japan. He smiled. He joked with teammates. He appeared completely relaxed, just happy to come to the field to play baseball.Game 6 of the National League Championship Series awaited. Most of the Dodgers already were in uniform. But no worries for Ohtani. The New York Mets’ starter, left-hander Sean Manaea, had struck him out twice and popped him up in Game 2, prompting Dodgers manager Dave…
MUMBAI, MAHARASHTRA, INDIA – Hyundai cars seen parked outside the Hyundai showroom in Mumbai.Sopa Images | Lightrocket | Getty ImagesHyundai Motor India was set to start trading Tuesday in the country’s two major stock markets after a $3.3 billion initial public offering, the country’s largest-ever by amount raised.The automaker had offered 142.19 million shares at a price band of 1,865 Indian rupees ($22.18) to 1,960 rupees. Based on the top end of the price band, the entire offering is valued at 278.56 billion rupees, or $3.3 billion.The company has seen its initial public offering oversubscribed by over two times, according to…
Chinese markets have been in the spotlight over the last month after the government revealed a slew of stimulus announcements , sending markets higher. As well as measures including interest rate cuts, lower cash reserve requirements for banks, and liquidity support for stock markets, Minister of Finance Lan Fo’an also indicated that the country was looking to increase its debt and deficit . Mainland China’s CSI 300 blue-chip index has risen around 22.5% in the last month. As investors ponder how — and where — to invest in China, CNBC’s Tanvir Gill will quiz China portfolio manager Jason Hsu on where…
There was a time, not long ago, when it would have been piling on to suggest the 2024 New England Patriots seemed headed for a 1-16 season. But now? After Sunday’s 32-16 loss to the Jacksonville Jaguars at Wembley Stadium in London, and after Pats coach Jerod Mayo walked into the interview room and made the stunning acknowledgment that “we’re a soft football team across the board,” the question now is: How could they not finish 1-16?Both the Patriots and Jaguars came into Sunday with bookend 1-5 records. That made this a so-called “winnable” game for both teams, except only…
