text
stringlengths 102
112k
| url
stringlengths 37
240
| crawl_date
timestamp[us, tz=UTC]date 2024-01-04 00:15:18
2024-01-31 23:10:45
| exclusion_reason
stringclasses 1
value |
|---|---|---|---|
The Moon used to be hotter, but it has cooled down with time. This has a major consequence: The Moon is shrinking. It won’t collapse on itself like a soufflé – it is still made of rocks after all. But just like a grape dehydrating into a raisin, the shrinking moon is getting more wrinkles. And with those, there are moonquakes and landslides.
New research investigated the effect that recorded moonquakes might have on the surface of the Moon, in particular around the lunar South Pole. That is an area of great interest for future human and robotic exploration. The work found that some surface slopes in the area are particularly vulnerable to coming apart from the shaking.
“You can think of the moon’s surface as being dry, grounded gravel and dust. Over billions of years, the surface has been hit by asteroids and comets, with the resulting angular fragments constantly getting ejected from the impacts,” co-author Professor Nicholas Schmerr, from the University of Maryland, said in a statement. “As a result, the reworked surface material can be micron-sized to boulder-sized, but all very loosely consolidated. Loose sediments make it very possible for shaking and landslides to occur.”
Shallow moonquakes, as the name suggests, are not very deep, coming from 50–220 kilometers (30 to 135 miles) below the surface. They are not very powerful either. The strongest on record was at most a magnitude 5.7, originating in the Southern Polar region. While weaker than Earth’s counterparts, moonquakes last for hours, making them a concern that should not be underestimated.
“Our modeling suggests that shallow moonquakes capable of producing strong ground shaking in the south polar region are possible from slip events on existing faults or the formation of new thrust faults,” said the study’s lead author Thomas R. Watters, a senior scientist emeritus in the National Air and Space Museum’s Center for Earth and Planetary Studies.
“The global distribution of young thrust faults, their potential to be active and the potential to form new thrust faults from ongoing global contraction should be considered when planning the location and stability of permanent outposts on the moon.”
Researchers continue to work to understand the areas of the Moon that might have significant seismic risk. These areas will have to be avoided for future permanent settlements – but even short sojourns might be at risk if they get too close to the shaky slopes.
“As we get closer to the crewed Artemis mission’s launch date, it’s important to keep our astronauts, our equipment and infrastructure as safe as possible,” Schmerr said. “This work is helping us prepare for what awaits us on the moon—whether that’s engineering structures that can better withstand lunar seismic activity or protecting people from really dangerous zones.”
The paper is published in The Planetary Science Journal.
|
https://www.iflscience.com/the-moon-is-shrinking-potentially-causing-landslides-in-the-south-pole-72653
| 2024-01-26T20:50:31Z
|
blocked_url
|
Ukraine’s Prime Minister Denys Shmyhal has stated that all 27 European Union member states have preliminarily agreed to support a €50 billion ($54.5 billion) four-year assistance program for Ukraine called the Ukraine Facility, according to the government’s official website.
Shmyhal expects the EU to be able to provide financial assistance in 2024 at roughly the same level as in 2023, covering the deficit in the Ukrainian budget. The funding program will allow Ukraine to get €12.5 billion every year in 2024-27, supporting macro-financial stability and contributing to Ukraine’s recovery and modernization in the course of its European integration.
The Ukrainian Prime Minister also stated that the Biden administration intends to provide $11.8 billion in budgetary support to Ukraine this year, calling a positive decision from Congress “coming soon.”
Notably, Hungary has not publicly rescinded its opposition to the €50 billion Ukraine Facility package. However, Bloomberg reported Hungary may drop objections to establishing a €5 billion annual defense aid fund for Ukraine. As per Finnish Foreign Minister Elina Valtonen, Budapest gave a “positive signal” indicating that it will no longer oppose the Ukraine funding.
Politico also said EU leaders are prepared to strip Hungary of its Council vote if they continue blocking Ukraine aid at the 1 February summit.
Meanwhile, Slovakia recently made a U-turn on its Ukraine stance and pledged not to join Hungary in blocking the assistance program.
Read more:
- PM Shmyhal: Slovakia to support € 50 billion Ukraine Facility vetoed by Hungary
- Finnish FM: Hungary gave us “positive signal” that it will stop blocking EU’s €50 billion Ukraine aid
- EU to approve 13th sanction set on Russia ahead of Ukraine invasion two-year mark
- FT: EU crafts €20 bn plan B for Ukraine aid to bypass Hungary veto
|
https://euromaidanpress.com/2024/01/26/pm-shmyhal-all-eu-members-to-back-e50-billion-ukraine-fund/
| 2024-01-26T21:12:10Z
|
blocked_url
|
Russia is actively using chemical weapons against the Ukrainian military, according to Captain Andrii Rudyk, a representative of the Center for Research of Trophy and Advanced Weapons and Military Equipment of the General Staff of the Armed Forces of Ukraine.
The use of chemical weapons is a serious war crime and is prohibited by several international conventions to which Russia is still a signatory.
Russian troops use a new type of special RG-Vo gas grenades containing an irritant agent against Ukrainian soldiers, Andrii Rudyk stated at a briefing at the Military Media Center in Kyiv on 25 January. According to him, the Russian army first used such grenades in Ukraine in December 2023.
The name of the grenade RG-Vo stands for “hand grenade – poisonous substance” in Russian, which indicates its purpose. According to Andrii Rudyk, in December 2023, a total of 81 cases of the use of Russian grenades with poisonous substances were recorded.
“This grenade contains chloroacetophenone, an asphyxiating substance banned by the Geneva Protocol for the Prohibition of the Use of Asphyxiating, Poisonous or Other Gases, and Bacteriological Methods of Warfare. This poisonous gas is also prohibited for use in combat by the UN General Assembly resolution A/RES/2603 ‘Question of chemical and bacteriological (biological) weapons’ of 1969. The Russian Federation is still a signatory to both documents,” Andrii Rudyk said.
Andrii Rudyk said that chloroacetophenone, which a Russian RG-Vo grenade contains, among other poisonous components, is a hazardous chemical warfare agent from the group of lacrimators. The lethal toxic dose of chloroacetophenone is 11 mg-min/l. Approximately 70 drops of chloroacetophenone are enough to kill an adult, Andrii Rudyk stated.
Experts from the Kyiv Scientific Research Institute of Forensic Expertise (Kyiv Scientific Research Institute of Forensic Expertise) examined the Russian hand grenade marked RG-Vo (862-3-23) and confirmed that the object of study was manufactured industrially and was indeed a special gas grenade of Russian origin, the Ukrainian monitoring group Militarnyi reported.
Oleksandr Ruvin, Director of the Kyiv Scientific Research Institute of Forensic Expertise, said that the internal structure of the grenade was assessed using an X-ray examination. Such a non-destructive method allowed Ukrainian experts to check the object for hidden threats. The relevant physical and chemical studies were conducted using modern equipment to analyze the grenade’s content.
“According to the results of the expert analysis, it was found that the substance from the grenade contained traces of an irritant chemical agent, namely chloroacetophenone (CN), which is an irritant chemical warfare agent,” Oleksandr Ruvin said.
The substance chloroacetophenone (CN) is prohibited for use as a chemical warfare agent under the Geneva Protocol, approved by the UN General Assembly in 1969 following its use during the Vietnam War. Chloroacetophenone acts directly on the mucous membranes, causing intense irritation of the eyes and respiratory tract with burning sensation and pain in the eyes, nose, throat, and lungs. Respiratory irritation by CN causes sneezing, coughing, nasal congestion, and a feeling of suffocation, Militarnyi reported.
The found sample of a special RG-Vo grenade was manufactured in Russia in 2023. Thus, in 2017, Russian authorities lied about fulfilling their obligations under the 1993 Chemical Weapons Convention, which required Russia to destroy the weapons and the production facilities where they were manufactured.
Previously, the General Staff of the Armed Forces of Ukraine reported that there were recorded 626 cases of Russian invaders using munitions containing toxic chemicals since the start of Russia’s full-scale war against Ukraine.
Related:
|
https://euromaidanpress.com/2024/01/26/russia-uses-deadly-chemical-weapons-against-ukrainian-soldiers-experts-confirm/
| 2024-01-26T21:12:50Z
|
blocked_url
|
Jools Oliver experienced a trip down memory lane on Friday as she and her daughter Daisy, 20, went exploring around some of their old haunts.
During their jaunt, the duo managed to track down one of their old homes and it held a special significance for Jools, as she revealed that it was the home where she and Jamie raised their eldest daughters, Poppy, 21, and Daisy. Daisy posed outside the terraced house, which boasted three stories and a large blue door.
Getting emotional in her caption, the mum-of-five shared: "Found the house we used to live in when Poppy and Daisy were just babies. The happiest memories [apple emoji]."
Jools will no doubt be savouring the extra time with Daisy, who will be visiting her mum during some time off from university, and in the past the wife of Jamie Oliver has been incredibly candid about how "emotional" she gets when her children fly the nest.
Speaking on Holly Tucker's Conversations of Inspiration podcast, Jools explained: "It was really hard as you say, the whole thing was just as you'd imagine. You walk past their room once they're gone and you kind of cry… I cried all the way home on the train."
The designer continued: "And then like grief it gets easier, and then suddenly they come home and you think 'Oh my god, so, do you need to come home this weekend, because you've got washing' or, 'Dad and I doing stuff', and then you think, 'What am I saying. You must come home'… I definitely feel lost without my two best friends. They clearly are my best friends in the world… I miss their company."
It appears the 49-year-old is much more relaxed when it comes to the school run with her younger children, as she shared: "I don't mind the school run, if the kids are in a good mood, it's great, if they're not, they're hell on earth.
"River has just turned seven… I've got about 10 years left [of school runs]. I'm gonna be like 60… In that little box, you can get all that information or no information. When there are nice bits, you do remember them, and you feel very privileged that you're the parent that gets to do them."
The home that Jamie and Jools currently live in with their family is worlds away from the property that Jools showed, but the Essex property still holds sentimental value, as it's based in the same town that the couple used to head to on dates.
RELATED: Jamie and Jools Oliver's family of seven: 13 of the absolute sweetest snaps
MORE: Jamie Oliver's wife Jools 'down and overwhelmed' as she spends Christmas without daughter Poppy
The cute village is 54 miles from Jamie and Jools' former London home, and the Olivers' abode is well-known to locals, with the village website calling their property: "The most distinguished house in the area."
|
https://www.hellomagazine.com/celebrities/512163/jools-oliver-emotional-moment-grown-up-daughter-daisy/
| 2024-01-26T21:19:15Z
|
blocked_url
|
Sharon Stone is turning 66 in March but the Hollywood icon is not afraid of aging in an industry known for frowning upon older actors. Instead, the Basic Instinct star has revealed that she sees each year as a celebration that she is "alive and healthy", and considers it a moment to be grateful.
"I like being alive and healthy. And I think that we should all be super-thrilled to make it," Sharon told The Times in the UK. "Because I’ve witnessed any number of people not making it." "I think that people who are embarrassed about being older are just stupid and ungrateful," she continued.
But her decision to celebrate life hasn't come out of nowhere; at the age of 42 Sharon faced a near-death experience when a ruptured vertebral artery caused internal bleeding in her brain for nine days. She was given a 1 percent chance of survival – but she made it through, only to see her life change irrevocably, as her marriage broke down and professional opportunities appeared to dwindle.
"I lost everything," she told People magazine in October 2023 of those years, "I lost all those things that you feel are your real identity and your life."
"I never really got most of it back," she added, "but I’ve reached a point where I’m okay with it, where I really do recognize that I’m enough."
The mom-of-three also revealed in early 2023 that she had lost "half of my money" due to the collapse of Silicon Valley Bank. Without going into details, the actor encouraged guests to text and donate money during the Women’s Cancer Research Fund’s (WCRF) An Unforgettable Evening fundraiser, before she admitted it can be "difficult" to use technology to send money.
"I know that thing that you have to get on and figure out how to text the money is difficult. I’m a technical idiot, but I can write a [expletive] check. And right now, that’s courage, too, because I know what’s happening," she said. "I just lost half my money to this banking thing, and that doesn’t mean that I’m not here."
Sharon is now working again — her new film What About Love is set for a February 2024 release – and she is also expanding her philanthropic ventures, with a seat on the board of the Barrow Neurological Foundation, an institution at the forefront of neurological research and treatment led by Dr. Michael Lawton, the surgeon credited with saving Sharon's life.
|
https://www.hellomagazine.com/celebrities/512164/sharon-stone-65-aging-in-hollywood-after-devastating-near-death-experience/
| 2024-01-26T21:19:21Z
|
blocked_url
|
Kim Kardashian opened up about bonding over her eldest daughter North West's amazing talent.
The SKIMS entrepreneur, 43, revealed that the 10 year old has inherited her interest in makeup, as she discussed her new range of cosmetics.
"She's so skilled at special effects makeup", Kim enthused in an interview with People. "And I love that this is what she is into right now."
North has developed a passion for the artistic skill, which might see her creating dramatic costume makeup designs in the future. But this isn't the first time that North has shown an interest in cosmetics.
The mother-daughter duo got ready for the Kardashian-Jenner Annual Christmas Eve Party together, with Kim sharing the process to their shared TikTok. The video, which took fans through the extensive process of Kim getting ready, saw them both wearing matching festive pajamas.
The end result of their beauty video saw North rocking a dark glossy lip to the extravagant bash, while Kim opted for her signature look
The 10-year-old also made her love of art clear in 2023 when she was interviewed by i-D magazine. When they asked North what she wants to be when she's older, she gave a vague response - but one thing she was certain about was that she's going to do art.
She said she wants to be: "A basketball player, a rapper, um... Well, when I was seven, I wanted to be a boxer. But now I don’t want to be a boxer. I’m going to do art on the side."
North added about her artistic passions that she hopes when she's 13 she'll be able to walk dogs "to make money to buy art supplies, because everything around here is so expensive", which revealed that your mom can be Kim Kardashian and you can still find yourself having to save up to get what you want.
The Kardashian-West daughter concluded she wants to be: "A rapper, a basketball player, and I’m going to make artwork that I sell."
In addition to these aspirations, she made it clear that she has every intention even at her young age to take over her parent's businesses when she's older.
"One day I want to own Yeezy and SKIMS, and I want to be a business owner."
|
https://www.hellomagazine.com/celebrities/512165/kim-kardashian-opens-up-about-daughter-north-west-incredible-skill/
| 2024-01-26T21:19:27Z
|
blocked_url
|
He's one of Hollywood's biggest names and has bagged another Academy Award nomination for his role as Leonard Bernstein in his self-directed biopic, Maestro. But when it comes to his family, Bradley Cooper likes to keep things low-key.
The star and his ex-partner, supermodel Irina Shayk, welcomed their daughter, Lea de Seine, back in 2017 but called time on their relationship two years later. However, the former couple have been spotted putting their differences aside and showing how to co-parent like professionals for the sake of their six-year-old.
And although Bradley might have a new woman in his life (Gigi Hadid, in case you missed it), it's clear the actor puts his daughter first. Here's more about their adorable father-daughter closeness…
Bradley Cooper and Lea's father-daughter bond
In the years that Bradley has been a dad, he has been spotted out with Lea a handful of times taking her to school, to Halloween parties or simply out and about running everyday errands.
Perhaps the most notable joint appearance came recently while Bradley was embarking on a press tour for his much-discussed biopic.
While attending the glitzy Los Angeles premiere for Maestro, the doting dad-of-one brought along Lea to make her first official red carpet appearance.
The pair looked super cute as they walked the carpet hand in hand, and we love the photo of little Lea high-fiving her famous dad.
Bradley looked proud as ever as he and his daughter smiled for the cameras. The actor was dressed impeccably as ever in a tailored navy three-piece suit, while the six-year-old looked adorable in a leopard print dress with a cute cross-body bag.
MORE: Bradley Cooper rushes offstage to attend to urgent matter for six-year-old daughter Lea
MORE: Maestro viewers make same complaint about Bradley Cooper's 'disjointed' Netflix drama
Bradley Cooper's sweet comments on fatherhood
Bradley and Irina have both opened up about how they find life as parents. The Oscar-nominee told NPR back in 2018: "Having a child and having a family of my own — which is a miracle and something I've always dreamt of — has opened me up even more to the day, and to be present. I just always want [Lea] to feel loved."
The year after, he told Oprah Winfrey that his daughter often reminds him of his late father, Charles. "Our daughter, she's incredible.
"And I see my father in her quite often. I can't believe I'm going to admit this, but I had moments when I was in the room with her, I would say, 'Dad?' There are some moments where she looks just like my father. I watch too many movies."
In an interview with ELLE just last November, Irina opened up a little about their co-parenting dynamic. "He's the best father Lea and I could dream of. It always works, but it always works because we make it work."
|
https://www.hellomagazine.com/healthandbeauty/mother-and-baby/512154/bradley-coopers-bond-with-rarely-seen-young-daughter-lea-de-seine/
| 2024-01-26T21:19:33Z
|
blocked_url
|
Kate Hudson is going back to her comedy chops as she has joined Mindy Kaling's new TV project with Netflix.
The mom-of-three will star as Isla Gordon, the "only sister in a family of competitive brothers" who has been "overlooked and underappreciated her whole life". But, "when she is unexpectedly appointed President of the Los Angeles Waves, she finally has the chance to prove she deserves to be part of the family business as much as everyone else".
The project is still untitled and has Mindy, her Mindy Project costar and long-time collaborator Ike Barinholtz, and David Stassen as executive producers.
The official synopsis reads: "When a scandal forces her brother to resign, Isla Gordon is appointed President of the Los Angeles Waves, one of the most storied professional basketball franchises, and her family business. Ambitious and often overlooked, Isla will have to prove to her skeptical brothers, the board, and the larger sports community that she was the right choice for the job, especially in the unpredictable, male-dominated world of sports."
Kate is the daughter of Goldie Hawn, and was raised amid an acting dynasty; her step-father is Kurt Russell, and two of her brothers are both actors – Oliver Hudson most recently starred in The Cleaning Lady on Fox, and Wyatt Russell appears alongside dad Kurt in Apple TV+'s Monarch.
Kate found fame in the early 2000s with roles in Almost Famous – for which she was nominated for an Oscar – and How to Lose a Guy in 10 Days, and most recently co-starred with Oscar winner Octavia Spencer in the Apple TV+ series, Truth Be Told.
She is also releasing her debut single 'Talk About Love,' on January 30.
"Sneaky peeky I’m beyond excited to put my first single Talk About Love into the world Out January 30… pre-save it now in my bio," she shared with fans on social media.
Kate is mom to three kids – Ryder, 20, who was born during her marriage to Black Crowes singer Chris Robinson, 12-year-old Bingham, whom she welcomed with Matt Bellamy, and daughter Rani, five, whom she shares with Danny Fujikawa; the pair became engaged in 2021.
“It’s hard to get it together when you are a working mom, and it was especially hard when I was a single mom. But at the end of the day, I want people to not put so much pressure on themselves,” she shared in an interview with People magazine earlier in 2024.
|
https://www.hellomagazine.com/film/512167/meta-kate-hudson-major-career-decision-ahead-of-debut-single-release-all-we-know/
| 2024-01-26T21:32:24Z
|
blocked_url
|
Congratulations are in order for Jeremy Kyle and his wife Vicky Burton as the pair welcomed a baby girl, who is Jeremy's sixth child.
The TalkTV presenter took to social media to share the news, with the star revealing that his wife had given birth to a baby girl. "She's finally here… Iris Rose Victoria Kyle arrived today at 12.31pm weighing 7lb 6oz," Jeremy said. "Mummy was absolutely incredible and we are just so blessed to have our beautiful new daughter."
The presenter was all dressed up in a blue set of scrubs as he cradled his newborn, who was swaddled up in a white towel and matching hat.
Speaking to The Sun, Jeremy spoke of Vicky's birthing process with their son Oliver, three, explaining: "Oliver's birth was difficult for Vicky four years ago, so it meant this time around had to be more planned.
"Honestly though, we're so lucky. Think about those people who spend their lives not being able to have kids. We're very blessed. You know what they say when you've had one, the second one is always easier… so the sixth one will be a piece of cake. And it's another girl - another wedding to pay for. I'll be working until I'm 80!"
Alongside Oliver and Iris, the 58-year-old is also a father to daughter Harriet, 32, who he shares with his first wife, Kirsty Rowley. Jeremy also has three teenage children who he shares with his second wife, Carla Germaine. The former couple share Alice, 18, Ava, 17, and Henry, 13.
Jeremy and current wife Vicky, 40, first met while she was a nanny for his children, although the couple only became romantically involved after she stopped working for the family.
The star revealed that he and Vicky were expecting last September, telling The Sun: "Yes, baby number six is incoming, I'm catching BoJo up, to be honest! It's a baby girl, she's due early next year, and we're over the moon as our family is complete."
Their baby comes amid heartbreak for the couple who had previously experienced miscarriages. Speaking to the Mirror about the devastating moment, Vicky explained: "People say, 'It's so early, it's just a bunch of cells', but as a woman you can't help but get attached to what's going on in your body."
Jeremy now has the same amount of children as chef Gordon Ramsay, who is one year younger than him, with the Hell's Kitchen star welcoming his sixth child, a son, Jesse, last November.
INSIDE: Jeremy Kyle's £3million family home he didn't leave for months
DISCOVER: Jeremy Kyle's third wedding was so different from his first - see photos
"What an amazing birthday present please welcome Jesse James Ramsay, 7lbs 10oz whopper!!" Gordon penned. He also joked that he and Tana were now finished having children, as he added: "One more bundle of love to the Ramsay brigade!! 3 boys, 3 girls… Done."
However, in a new interview with People, the star has hinted that a seventh baby could be on the way in the future…
|
https://www.hellomagazine.com/healthandbeauty/mother-and-baby/512166/jeremy-kyle-baby-joy-sixth-child-born/
| 2024-01-26T21:32:30Z
|
blocked_url
|
PENGLAI, Shandong – Penglai, a place in China’s eastern Shandong province, is said to be the realm of the Eight Immortals of Chinese legend, where food never runs out and wine glasses are magically refilled.
And it is hoping to enchant more people with its alcoholic brews.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you
|
https://www.straitstimes.com/asia/east-asia/china-s-grape-growing-region-penglai-on-a-quest-to-make-its-wines-fine
| 2024-01-26T21:39:53Z
|
blocked_url
|
When the marriage of an investment-savvy couple hits the rocks, it is not uncommon for one or both parties to allege that secret deals are being done to squirrel money away.
This was what happened in a recent divorce involving two stock market players in their 50s who had $3 million in their share trading accounts.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you
|
https://www.straitstimes.com/business/invest/when-savvy-investors-hide-money-from-their-spouses
| 2024-01-26T21:40:03Z
|
blocked_url
|
In the last-minute CNY shopping rush, avoiding the festive crowds becomes a top priority.
As the Chinese New Year celebrations draw closer, the convenience of online platforms like Amazon Fresh becomes a game-changer.
With a wide selection of fresh produce and grocery items, Amazon Fresh caters to the festive season’s needs with many budget-friendly options and deals on daily essentials, ranging from gourmet food to cleaning supplies.
You can schedule delivery slots at your convenience on the same day or next day, with free delivery for Prime members on orders over $150. Sign up for a free 30-day trial to explore the benefits of Prime membership.
Take a read through our shopping list that provides smart shortcuts to effortless meals, from delicious Haidilao hot pot stock to vegan-friendly yusheng, so you spend less time prepping and more time enjoying the season with your loved ones.
Here are some Chinese New Year deals to look out for:
- Buy 2, get 38 per cent off Lukan mandarin oranges, New Moon abalone and more
- Buy more, save more on Coca-Cola, New Moon and more
- 10 per cent off when you spend $80 on selected items
- Up to 30 per cent off Tiger and Heineken beer
- Up to 26 per cent off Louis Jadot red and white wine
- Up to extra $15 off when you check out with Citi-MC or HSBC cards
Keep scrolling for a checklist of what to add to your virtual grocery cart.
Amp up your yusheng
Sing Long Yusheng, $21.35
This pack contains all the classic condiments needed for this must-have CNY dish, like the ginger slices, pickled chinese cucumber, all-important crackers, ground sesame, pepper and sauce. Just add your fresh shredded veg and salmon on top.
Zenxin Rainbow Yusheng, $18.88
If you’ve got a vegetarian in your group, this vegan-friendly yusheng features all-natural ingredients, like organic carrot and ginger pickles, pumpkin and spinach bo cui, and handmade beetroot noodles to provide the crunch.
This set is large enough to serve up to eight people. Just top off with your own fresh shredded vegetables and serve.
Fassler Gourmet Traditional Smoked Salmon, $7.95
Original price: $8.90 (11 per cent off)
This smoked salmon has been smoked the traditional way with beech wood, and helpfully already comes pre-sliced. Simply add on top of your dish for a hit of salty umami.
New Moon South Africa Abalone Set, $47.69
The briny taste and chewy bite of abalone and top shell will make your dish more luxurious. This bundle set contains a can of South Africa abalone, top shell in the shape of lucky ingots, and a can of Buddha Jump Over The Wall.
Sunny Fruit Fresh Pomelo, $8.05
Some yusheng can be too sweet, so add citrus freshness by breaking up clusters of pomelo into your dish.
Easy steamboat and hot pot hacks
Hai Di Lao Broth Flavour Hot Pot Seasoning, $3.87
Re-create the Hai Di Lao experience at home with this easy seasoning pack to flavour your soup. Each pack is large enough for up to five people, so stock up on a few packets so you can easily top up the soup.
Simply Natural Organic Steamboat Stock, $5.28
Original price: $5.90 (11 per cent off)
For the non-meat eaters, this stock uses a traditional recipe from five ingredients, including soy and goji berry, to add a light, healthy and natural flavour to your soup.
1ichi-yo Superior Pork Collagen Broth, $6.55
Simmered for eight hours, this pork collagen broth has no added MSG or preservatives. Use it to add a rich, luxurious flavour to your steamboat soup.
Tasty Food Affair Striploin Shabu Shabu, $11.22
Original price: $14 (20 per cent off)
Striploin offers the best of both worlds in tenderness and flavour, with the right level of fat to deepen the flavour of your soup. This pack serves the striploin in thin strips, ideal for dipping directly into your hot pot without any prep.
Meat Affair Spanish Iberico Pork Collar Shabu Shabu, $9.53
Original price: $13.05 (27 per cent off)
The marbling in Iberico pork gives it the right balance of delicious flavour and texture, making it ideal in a steamboat.
Joo Hwa Food Shiitake Chicken Ball, $6.62
Hand made with minced chicken thigh and combined with shiitake mushroom, these chicken balls offer a tasty addition to your steamboat.
Food Explorer Japanese Scallops, $7.13
Original price: $8 (11 per cent off)
Throw in some scallops as a quick way to sweeten your soup. These don’t take long to cook. Just wait for them to turn opaque and firm, and fish them out for the perfect bite.
Catch Seafood Jumbo Prawns, $29.54
As with scallops, prawns also add sweetness to the broth. This box contains up to 12 pieces of jumbo tiger prawns, which were live frozen to lock in freshness.
They can also be cooked on the bbq if you’re enjoying a combo steamboat and bbq this festive season.
Alcohol and beverages
Tiger Soju Infused Lager Cheeky Plum, $78.72
Original price: $99.31 (21 per cent off)
Anyone who watches a lot of K-dramas will be familiar with somaek, a cocktail of beer and soju. Tiger adds a twist to their lager by infusing it with soju and plum for subtle spiciness. It’s the perfect drink to enjoy with your meal, or as an accompaniment with snacks.
Matua Marlborough Sauvignon Blanc, $24.90
Original price: $37.50 (34 per cent off)
Best served with seafood or as an accompaniment to yusheng, this New Zealand white has a zesty flavour of citrus, blackcurrant leaf and a hint of basil.
The best part is its affordable price, which means you can stock up on a few bottles on offer to serve to visiting family and friends.
19 Crimes Red Blend, $21.99
Original price: $26 (15 per cent off)
This super affordable red wine is surprisingly tasty, with a rating of 4 on Vivino. It’s sure to be a real crowd pleaser with its full flavour of dark berry, with hints of chocolate and cedar.
Authentic Tea House Variety Pack, Pack of 24, $16.40
Original price: $21.75 (25 per cent off)
For those who prefer to stay away from alcohol this variety pack of tea allows visitors to choose between Ayataka green tea, oolong tea or Ceylon black tea for a healthy, refreshing drink.
Coca-Cola Original Taste, Pack of 12, $10.80
Buy 5, save 18 per cent
Nothing beats the taste of the original Coke, with a flavour enjoyed by both young and old.
This 40-piece box set of mandarins ensures you will never be caught out when visitors arrive or when you are doing your round of CNY house visits.
Bee Cheng Hiang Sliced Pork, $47
Reduce waste by leaving out individually packed pieces of bak kwa for visitors to help themselves to. It also works well as a gift.
Irvins Salted Egg Potato Chips, $18.16
Original price: $19.62 (7 per cent off)
There will always be plenty of CNY cookies and snacks around this time of the year, but you can round out your snack offerings by including these addictive salted egg crisps that comes in its own resealable pouch.
Amazin’ Graze Sweet Chili Nut Mix Snack Pack, $20.62
Original price: $22 (6 per cent off)
Ideal for health-conscious snackers, this contains a portion-controlled snack pack of crunchy peanuts, cashews and pumpkin seeds coated in a delicious chilli and tomato paste.
Glory Pineapple Tarts, $20.80
What is Chinese New Year without pineapple tarts? The Glory tarts are made from real butter and flour, and have a generous amount of pineapple jam.
All prices are correct at time of publication
|
https://www.straitstimes.com/life/last-minute-cny-shopping
| 2024-01-26T21:40:14Z
|
blocked_url
|
Join ST's Telegram channel and get the latest breaking news delivered to you.
Read 3 articles and stand to win rewards
Spin the wheel now
|
https://www.straitstimes.com/opinion/cartoons/a-cartoonist-s-view-francisco-jan-27-2024
| 2024-01-26T21:40:46Z
|
blocked_url
|
If parents and educators can limit the time that children spend online and be fully aware of the online sites they are visiting, they will be more likely to prevent and catch any troubling behaviour (Self-radicalised S’porean, 16, who identified as white supremacist, given restriction order under ISA, Jan 24).
It is common for teens to blame other people, or groups as a whole, for their shortcomings. It’s not just that they feel they have been harmed socially, emotionally and psychologically, but it is also that they think they are entitled to exact revenge against those they think have hurt them.
Educators such as teachers, administrators and counsellors, unfortunately, have the daunting task of recognising these signs amid a variety of demands, and they may not be as well-equipped to do so. Schools can train their staff to spot this type of behaviour, in the same way that some companies tackle mental health issues at the workplace to prevent bullying or suicide, for example.
There is a need to identify clear procedures for notification when there are concerns, and these should involve school psychologists, community mental health organisations, and resources and assistance for parents.
Parents and guardians can play an important role too. Sometimes, parents may be too busy or are unwilling to consider that their children may be susceptible to radicalisation or are capable of violence.
In many of these instances, there could have been notable warning signs that parents ignored or dismissed.
It can be easy for teens to fall into online “rabbit holes”. It may begin with a video here or a post there, with the algorithm pulling them further down the road to radicalisation.
Lonely teens who don’t have many friends are particularly at risk as they tend to turn online more to socialise and for support.
Desmond Cheng
|
https://www.straitstimes.com/opinion/forum/forum-do-more-to-support-teens-at-risk-of-being-radicalised
| 2024-01-26T21:40:56Z
|
blocked_url
|
We thank Mr Sum Siew Tak for his suggestion to allow joint Central Depository (CDP) account holders to buy Treasury bills (T-bills) as joint beneficiaries (Treasury bills for joint accounts, Jan 19).
Under the current process, investors are able to use their individual or joint bank accounts to apply for T-bills, but they are required to have individual CDP accounts for the T-bills to be credited.
Individual CDP accounts are needed to verify an investor’s identity before final allotments to individual T-bill applications are determined. This process ensures that each investor is allotted within the allotment limits.
Notwithstanding, investors who are keen to transfer allotted T-bills from their individual CDP account to a joint CDP account can do so by submitting a request to the CDP, which CDP will process for a fee.
Mr Sum can contact CDP on 6535-7511 or MAS on 6225-5577 if he needs further assistance.
Lu Xinyi
Director (Corporate Communications)
Monetary Authority of Singapore
|
https://www.straitstimes.com/opinion/forum/forum-investors-can-transfer-allotted-t-bills-to-joint-cdp-accounts
| 2024-01-26T21:41:07Z
|
blocked_url
|
The crime surge at nightspots shows there is capacity to intervene by further reducing alcohol-related problems (Safe clubbing campaign returns amid rise in molestation cases and fights at nightspots, Jan 24).
One way could be to roll out compulsory training and education on the responsible service of alcohol.
In Melbourne, Australia, where I lived and worked for several years, it is a legal requirement for staff working in venues with a liquor licence such as restaurants, bars and clubs to have a Responsible Service of Alcohol (RSA) certificate.
The RSA programme aims to give participants the skills and knowledge necessary to contribute to a safe and enjoyable environment in licensed alcohol-serving premises.
It covers topics such as Blood Alcohol Content (BAC), BAC legal limits, and what happens to the human body and the different degrees of cognitive impairment that set in when BAC legal limits are exceeded.
Participants hence appreciate why excessive alcohol consumption could be potentially fatal or lead to violent outbursts, and understand how they can intervene and help when they sense that their customers or friends are inebriated and need to stop alcohol consumption.
The RSA programme is also open to anyone interested in understanding how to contribute to a safe and enjoyable environment for alcohol consumption.
To reduce compliance costs for businesses, it is offered free by community clubs and conducted by certified RSA trainers.
Education remains the best defence against alcohol-related problems, and rolling out our own RSA programme would be a good step in that direction.
Woon Wee Min
|
https://www.straitstimes.com/opinion/forum/forum-make-it-mandatory-for-nightspot-staff-to-know-how-to-serve-alcohol-responsibly
| 2024-01-26T21:41:17Z
|
blocked_url
|
The Circle Line no longer operates directly for now to HarbourFront MRT station, save for a shuttle connecting passengers between Labrador Park, Telok Blangah and HarbourFront MRT stations (Longer peak-hour commutes on Circle Line amid platform closures at HarbourFront and Telok Blangah, Jan 22).
As reported in the news, this is to facilitate works being done to complete the Circle Line.
Unfortunately, none of the multilingual signs at HarbourFront MRT station provides the rationale for this service adjustment.
Given Singapore’s reputation as a country with world-class transportation, perhaps an explanation for this adjustment would lessen commuters’ feelings of inconvenience over the longer travel times needed.
Ortega Gerard James
|
https://www.straitstimes.com/opinion/forum/forum-stated-reason-for-track-adjustment-might-smooth-ruffled-feathers
| 2024-01-26T21:41:27Z
|
blocked_url
|
I was a passenger on the bus involved in the Jan 13 accident on the North-South Expressway in Melaka, in which a 17-year-old passenger died (One dead, two seriously injured in fiery crash of bus travelling from Singapore to KL, Jan 13).
I am still affected by the accident and hope bus safety procedures can be improved to avoid such deaths in the future.
Passengers on buses, like those on airplanes, should be briefed on what to do in an emergency or accident. They should be told where the emergency exits are before departure. Able-bodied passengers near the rear exit door should be shown how to open the emergency door.
The proper use of emergency tools such as safety hammers to break glass windows should be demonstrated.
Bus operators should ensure staff are trained to handle such emergencies. The presence of a staff member at the back could aid a swift evacuation or a staff member should know to open the rear exit door from the outside.
Passengers should also be reminded of safety measures, such as using the seat belts and wearing proper footwear for better mobility during emergencies.
During the accident, there were repeated headcounts, partly because two passengers had left the scene. Passengers should be accounted for by seat numbers and by referring to the passenger list for quick identification to see if anyone is missing.
To prevent further deaths and enhance the safety of bus passengers, the authorities should conduct a comprehensive review of existing bus safety regulations and procedures. There should be mandatory safety training and regular safety drills for bus operators.
Vincent Ong
|
https://www.straitstimes.com/opinion/forum/letter-of-the-week-improve-safety-precautions-for-bus-journeys-to-malaysia
| 2024-01-26T21:41:37Z
|
blocked_url
|
After nearly three years in a senior leadership role at a global company in the creative industry, I was recently retrenched. The reason was “financial challenges” and not “an indication of my contributions or performance”.
I was informed that I would not be getting any severance benefits because there are no labour laws in effect that protect employees. I was specifically told that the Ministry of Manpower gives only broad recommendations _ with any severance done purely out of goodwill, not because of legislation. Sadly, my contract did not include any provision for retrenchment benefits either.
A friend urged me to speak with the Tripartite Alliance for Dispute Management, which referred me to the Tripartite Alliance for Fair and Progressive Employment Practices.
Both officers who spoke with me were sympathetic, but ultimately said they could only point my company to the best practice and could not enforce anything.
My story isn’t the only one.
The recent high-profile retrenchment exercise at Lazada has exposed a weakness in Singapore’s labour and workplace laws _ these laws are geared towards supporting companies, not employees.
I have worked in Britain and Australia _ both these countries have workplace laws that protect employees who are retrenched. These are common practices in many developed countries.
As a country that has ambitions to be a hub for companies in the region, Singapore should update its Employment Act to give more legal protection to employees.
If we are unable to give adequate protection to employees and strike a fair balance in the employment relationship, I worry about how competitive we will be on the global stage.
Shawn Low
|
https://www.straitstimes.com/opinion/forum/letter-of-the-week-strengthen-employment-laws-to-protect-retrenched-staff
| 2024-01-26T21:41:48Z
|
blocked_url
|
HONG KONG – Maa-muk. It’s the Cantonese word for “numb”, describing someone having become desensitised, or feeling apathetic, towards something.
And that’s what 26-year-old Hong Konger Erin feels about her life in the city now.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you
|
https://www.straitstimes.com/opinion/hk-leaders-say-days-of-fear-are-over-but-hong-kongers-beg-to-differ-who-is-right
| 2024-01-26T21:41:58Z
|
blocked_url
|
December is all about downtime and meeting friends and family over Christmas. Switch over to January and it is all about activity, with a back-to-work buzz and upbeat New Year resolutions.
Tragically, as many Japanese were busy ushering in New Year’s Day, western Japan was hit by a 7.6-magnitude earthquake that has caused a substantial death toll. There was also a shocking airport collision, resulting in the death of five crew members.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you
|
https://www.straitstimes.com/opinion/japan-what-a-magical-country-for-someone-travelling-there-for-the-first-time
| 2024-01-26T21:42:08Z
|
blocked_url
|
Travel between Singapore and China will be robust for the upcoming Chinese New Year season.
With 429 weekly Singapore-mainland China flights scheduled for the week before Chinese New Year this year, this is almost identical to the 430 flights for the same week in 2020 and more than the 413 flights in 2019, according to aviation data provider OAG.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you
|
https://www.straitstimes.com/opinion/singapore-tourism-sector-should-not-bank-on-chinese-travellers-returning-for-full-recovery
| 2024-01-26T21:42:19Z
|
blocked_url
|
SINGAPORE – Every blood donation can save three lives.
This is the motivation for National University of Singapore undergraduate Shiek Abdullah Mohamed Fazil, 23, who has donated blood 13 times since 2019.
“It’s a personal satisfaction knowing that each blood donation can save three people, even though I don’t know who the blood goes to,” he said.
Mr Fazil, whose blood type is O, started donating at age 18 when he joined the Red Cross Youth Chapter in Ngee Ann Polytechnic. He also helped the polytechnic organise blood donation drives.
Unlike him, many of his peers are not donating blood.
“Some are scared of the needle,” he said. “We need to inspire generations of blood donors by starting them young, such as through correcting misconceptions and developing their interest in schools.”
The Singapore Red Cross (SRC) and the Health Sciences Authority (HSA) told The Straits Times that the number of youth blood donors aged 16 to 25 continued its downward trend in 2023.
Youth accounted for 15 per cent of the total donor pool in 2023, as compared with 17 per cent in 2022. In 2021, they constituted 20 per cent of all donors. More than a decade ago, in 2011, youth accounted for 33 per cent.
The downward trend comes even as the total number of blood donors has inched up slightly.
In 2023, there were a total of 77,424 blood donors, who made up 1.87 per cent of Singapore’s total population.
This was slightly higher than in 2022, when there were 74,154 blood donors, or 1.82 per cent of the total population. In 2021, there were 69,032 blood donors, or 1.73 per cent of the population.
SRC said the decrease in youth blood donors worsened during the pandemic, when it cancelled its school outreach and mobile blood drives. These are important avenues for youth donors to learn about blood donation and start their donation journey.
“While we have resumed these activities, it takes time and effort to build up the momentum and grow the pool of youth blood donors again,” said SRC’s spokesperson.
SRC works with youth organisations, including schools and institutions of higher learning, to promote and educate youth on the importance of blood donation, and to dispel misconceptions such as blood donation being painful and that donors can catch diseases.
There are also ground-up efforts to empower youth to run public donation drives and organise group donations at the blood banks to encourage peer-to-peer donor recruitment.
The Singapore Red Cross Youth, a co-curricular activity in schools, recently announced the Youth Blood Donor Programme. It aims to develop blood donation ambassadors and activists, who will reach out to their peers and family members.
SRC also launched a Youthphoria award on World Blood Donor Day in October 2023 to inspire more young people to donate blood regularly.
In addition, it rolled out digital initiatives like the DonateBlood app, a Facebook blood donation tool and the Blood Buddy Instagram to reach a more tech-savvy audience and engage the next generation of donors.
With about 600 donors stopping donations due to age or illnesses each year, it is crucial to constantly increase Singapore’s pool of blood donors.
“We need more youth donors to start donating now, and to make it a lifelong habit,” said HSA’s spokesperson. “This will ensure the sustainability of our blood supply into the future.”
In 2023, more than 114,000 units of blood were transfused. To meet Singapore’s blood demand, about 125,000 units of blood have to be collected annually.
This will increase to more than 160,000 units a year by 2030 due to a super-aged population and increased healthcare needs.
As people age, they are more prone to developing multiple medical conditions, which can increase their susceptibility to anaemia and the need for blood transfusions. HSA said those aged 60 years and above make up 20 per cent of Singapore’s population but accounted for 60 per cent of total red blood cell usage.
On Jan 25, SRC and HSA issued an appeal for people with O blood type to donate blood during the period leading up to the Chinese New Year (CNY) holiday. Stocks of this blood type are currently at critical levels due to high usage and lower-than-normal donor turnout since the start of 2024.
During festive seasons such as CNY, blood collection can dip by as much as 20 per cent.
As the universal blood group, O blood type is required during emergencies when patients’ blood groups are unknown.
Nearly half of all patients in Singapore have O blood type, and can only receive a similar blood type. If group O blood stocks continue to drop, elective surgeries will have to be postponed and life-saving transfusions could also be compromised.
Ms Kymn Yee, a 44-year-old lecturer who was diagnosed with thalassaemia when she was a few months old, receives a blood transfusion once every three weeks at the National University Hospital. Each session takes about nine hours, including waiting time.
“There had been occasions in the past when I was told that there was insufficient blood in the blood bank for me, so I had to go home without blood,” she said. “This was really frustrating as it meant I had to go back the following weekend.”
The situation is better now, though there are still times when she would get just one or two packets of blood due to supply shortage.
She needs three packets of blood for her haemoglobin level to be normal.
“I will feel faint, tired and lethargic, and arrangements will have to be made for me to go another day to get the required amount of blood,” said Ms Yee, who is an avid scuba diver and a yoga practitioner.
For more information on blood donation, go to the SRC website giveblood.sg
|
https://www.straitstimes.com/singapore/more-youth-blood-donors-needed-for-singapore-s-ageing-population
| 2024-01-26T21:42:39Z
|
blocked_url
|
Manchester United have no scope to sign a striker in the January transfer window due to financial fair play (FFP) restrictions, manager Erik ten Hag said on Friday.
United, who visit Newport County in the FA Cup fourth round on Sunday, lost forward Anthony Martial until April due to injury, leaving them with limited options in attack.
Forward Rasmus Hojlund, who was signed for 72 million pounds($91.47 million) in the close season, has only scored two goals in the Premier League so far, while Marcus Rashford has four.
"I looked but there is no space. There is no space for FFP to do something about this lack of quantity in the striker position," Ten Hag told reporters.
"Of course, Rashford can play as a striker. We have some other alternatives but it's clear that Anthony is out for a couple of months and it's a gap in our squad."
The club signed midfielder Mason Mount and goalkeeper Andre Onana for big money in the close season and have spent more than 400 million pounds in the last two seasons.
United are eighth in the Premier League, 16 points behind leaders Liverpool and Ten Hag admitted the FA Cup was their last chance of silverware this season.
"FA Cup probably is a last opportunity on the trophy and we go for it," Ten Hag said.
United have been plagued by injury woes this season with defender Harry Maguire and Mount still sidelined.
Midfielder Casemiro and defenders Luke Shaw and Lisandro Martinez are available for Sunday, however, and goalkeeper Altay Bayindir will make his debut in the absence of Onana, who is away at Africa Cup of Nations. REUTERS
|
https://www.straitstimes.com/sport/football/man-united-wont-sign-striker-due-to-ffp-says-ten-hag
| 2024-01-26T21:43:00Z
|
blocked_url
|
HAVANA - Cuba is counting on winter-weary Russians to help boost the Caribbean island nation's ailing tourism sector in 2024, according to the Cuban ambassador in Moscow, after a disappointing 2023 saw visitors numbers fall short of the government's goals.
Some 185,000 tourists from Russia traveled to Havana and Cuba's dazzling white-sand beaches in 2023 and "we hope that the number will rise to 250,000 people this year," Cuban ambassador Julio Antonio Garmendía said in a report by Russia's Interfax news agency.
That would represent a 35% jump in tourists from Russia in 2024, a desperately needed shot in the arm for a key Cuban industry that has struggled to revive following the COVID-19 pandemic. Stiffened U.S. sanctions under former U.S. President Donald Trump also complicate travel by U.S. citizens to the island.
The Cuban diplomat in Moscow said new flights to the island from the Russian capital - a 13-hour direct flight - had helped boost visitor numbers last year and would do the same in 2024.
Russia, a long-time political ally of Cuba, has also introduced its MIR credit card for use on the island, facilitating transactions for citizens who visit Cuba's cities and resorts.
Communist-run Cuba, knee-capped by a near-unprecedented economic crisis and widespread shortages, is counting on increased foreign currency generated by tourists this year to help import food, fuel and medicine to the island.
Cuban officials have said 2.4 million tourists arrived on the island in 2023, around 1.1 million visitors less than the 3.5 million it had budgeted.
This year, tourism officials predict the number of visitors to rise to a more modest 3.2 million even as the country confronts an ongoing economic crisis.
According to the national statistics agency ONEI, the main sources of tourists to the island in 2023 were Canada (936,436 visitors), Cubans residing in other countries (358,481), Russia (184,819), the United States (159,032), Spain (89,285) and Germany (69,475). REUTERS
|
https://www.straitstimes.com/world/europe/cuba-counts-on-russians-to-boost-still-ailing-tourism-sector-in-2024
| 2024-01-26T21:43:22Z
|
blocked_url
|
LONDON - The International Court of Justice’s (ICJ) ruling on accusations that Israel is engaged in state-led “genocide” in its military operations against Hamas in Gaza amounts to a legal triumph for South Africa, which brought the case before the world court.
But the “decisive victory” claimed by South Africa is on a finer point of international law and may have little practical impact on the conduct of the Gaza war.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you
|
https://www.straitstimes.com/world/middle-east/icj-ruling-will-increase-israel-s-diplomatic-isolation-but-has-little-impact-on-the-war-in-gaza
| 2024-01-26T21:43:32Z
|
blocked_url
|
OTTAWA -India is cooperating with Canada and bilateral ties are improving after tensions spiked over the murder of a Sikh separatist leader in British Columbia, a top Canadian official told CTV in an interview published on Friday.
Diplomatic relations soured after Prime Minister Justin Trudeau last year said Canada was "actively pursuing credible allegations" that Indian agents were potentially linked to the June 2023 murder of Hardeep Singh Nijjar, a Canadian citizen. India has denied any formal government role in Nijjar's murder.
"I wouldn't describe them (the Indians) as not cooperating. I think we've made advancements in that relationship," Jody Thomas, Trudeau's national security adviser, told CTV.
CTV published an excerpt from the interview on its website on Friday. The full interview will be aired on Sunday.
Canada has been pressing India to cooperate in its investigation of Nijjar's killing. Last November, U.S. authorities said they had thwarted a plot to kill a Sikh separatist in the United States.
"The information that they (the Americans) revealed supported our position and our assertions with India, and India is working with us ... far more closely to resolve this," Thomas told CTV. Trudeau said in December he sensed a change in New Delhi's tone with Ottawa after the U.S. case.
The acrimony has delayed discussions on a free-trade deal and threatened Canada's plans to expand its influence in the Indo-Pacific region, where New Delhi's cooperation is critical to efforts to check an increasingly assertive China.
"Our ability to function in the Indo Pacific does rely on having a healthy relationship with India. And I think that we are working back towards that," Thomas said. Around 2 million Canadians, or 5% of the population, have Indian heritage.
Canada withdrew 41 diplomats from India after New Delhi in September asked Ottawa to reduce its diplomatic presence following Trudeau's remarks. REUTERS
|
https://www.straitstimes.com/world/trudeau-aide-india-is-cooperating-with-canada-amid-tensions-over-murdered-sikh
| 2024-01-26T21:43:43Z
|
blocked_url
|
WASHINGTON - Fans of Taylor Swift and politicians, including the White House, expressed outrage on Jan 26 at AI-generated fake porn images of the megastar that went viral on X and were still available on other platforms.
One image of the US megastar was seen 47 million times on X, the former Twitter, before it was removed on Jan 25. According to US media, the post was live on the platform for around 17 hours.
“It is alarming,” said White House Press Secretary Karine Jean-Pierre, when asked about the images.
“Sadly, we know that lack of enforcement (by the tech platforms)disproportionately impacts women and they also impact girls who are the overwhelming targets of online harassment,” Ms Jean-Pierre added.
Deepfake porn images of celebrities are not new but activists and regulators are worried that easy-to-use tools employing generative artificial intelligence (AI) will create an uncontrollable flood of toxic or harmful content.
Non-celebrities are also victims with increasing reports of young women and teens being harassed on social media with sexually explicit deepfakes that are more and more realistic and easy to manufacture.
The targeting of Swift, the second most listened-to artist in the world on Spotify (narrowly after Canadian rapper Drake), could shine a new light on the phenomenon with her legions of fans outraged at the development.
In 2023, Swift used her fame to urge her 280 million Instagram followers to vote.
Her fans also pushed US Congress to hold hearings about Ticketmaster when the company bungled the sale of their hero’s concert tickets in late 2022.
“The only ‘silver lining’ about it happening to Taylor Swift is that she likely has enough power to get legislation passed to eliminate it. You people are sick,” wrote influencer Danisha Carter on X.
X is one of the biggest platforms for porn content in the world, analysts say, as its policies on nudity are looser than Meta-owned platforms Facebook or Instagram.
This has been tolerated by Apple and Google, the gatekeepers for online content through the guidelines they set for their app stores on iPhones and Android smartphones.
In a statement, X said that “posting Non-Consensual Nudity (NCN) images is strictly prohibited on X and we have a zero-tolerance policy towards such content.”
The Elon Musk-owned platform said that it was “actively removing all identified images and taking appropriate actions against the accounts responsible for posting them.”
It was also “closely monitoring the situation to ensure that any further violations are immediately addressed, and the content is removed.”
The images, however, continued to be available and shared on Telegram.
Swift’s representatives did not respond to a request for comment.
The star has also been the subject of rightwing conspiracy theories and even fake videos where she is falsely shown to be promoting high-priced cookware from France.
‘Easier and cheaper’
“What’s happened to Taylor Swift is nothing new. For years, women have been targets of deepfakes without their consent,” said Ms Yvette Clarke, a Democratic congresswoman from New York who has backed legislation to fight deepfake porn.
“And with advancements in AI, creating deepfakes is easier & cheaper,” she added.
Mr Tom Kean, a Republican congressman, warned that “AI technology is advancing faster than the necessary guardrails. Whether the victim is Taylor Swift or any young person across our country, we need to establish safeguards to combat this alarming trend.”
Legally mandated controls would need the passing of federal laws, which remains a longshot in a deeply divided US Congress.
US law currently affords tech platforms very broad protection from liability for content posted on their sites and content moderation is voluntary or implicitly imposed by advertisers or the app stores.
Many well-publicised cases of deepfake audio and video have targeted politicians or celebrities, with women by far the biggest targets through graphic, sexually explicit images found easily on the Internet.
Software to create the images is widely available on the web.
According to research cited by Wired magazine, 113,000 deepfake videos were uploaded to the most popular porn websites in the first nine months of 2023.
And research in 2019 from a startup found that 96 per cent of deepfake videos on the Internet were pornographic. AFP
|
https://www.straitstimes.com/world/united-states/fake-online-images-of-taylor-swift-alarm-white-house
| 2024-01-26T21:43:53Z
|
blocked_url
|
CARACAS - Three allies of Venezuelan opposition presidential candidate Maria Corina Machado have been detained on accusations of conspiracy amid growing tensions between the government of President Nicolas Maduro and the political opposition.
Attorney General Tarek Saab said that Guillermo Lopez, Luis Camacaro and Juan Freites were part of a group of at least 11 people who allegedly tried to rob a military weapons arsenal last year ahead of a planned assault on Freddy Bernal, the pro-Maduro governor for the state of Tachira.
Machado's Vente Venezuela party, to which the three belong, said on its X account that Camacaro and Freites had appeared in court in Caracas on Thursday without private legal representation and without any contact with their families permitted, calling it an "illegal and arbitrary" procedure. It did not mention Lopez.
Saab said on state television that the three were "criminals."
The prosecutor's office has said this week it is pursuing at least five cases of what it says are attempted attacks on Maduro's socialist government as a deal to hold free and fair elections in return for the U.S. easing sanctions teeters on the brink of collapse.
U.S. officials have stressed that the sanctions relief was dependent on Caracas lifting bans on opponents holding public office, as well as releasing prisoners Washington characterizes as political.
In December, a major prisoner exchange saw the release from Venezuelan jails of 10 Americans and about 20 Venezuelans linked to the opposition. REUTERS
|
https://www.straitstimes.com/world/venezuela-arrests-allies-of-opposition-candidate-on-conspiracy-accusations
| 2024-01-26T21:44:04Z
|
blocked_url
|
SINGAPORE – It is the season for feasting and Chinese food is perfect for the occasion. While design is not usually a priority when it comes to Chinese cuisine, these restaurants show that even the best food can be elevated with the right atmosphere.
Here are five restaurants – some new, and one that dates back to the 1980s, though recently revamped – that count decor as an important ingredient for a complete Chinese New Year dining experience.
1. Yue Bai – 33 Duxton Road
Chef Lee Hongwei has a poetic vision for his new Chinese restaurant Yue Bai.
While reading Tang Dynasty poet Bai Juyi’s Ballad Of The Lute, about Bai’s encounter with a pipa (Chinese lute) player in the moonlight, the chef decided that the restaurant interiors should evoke a similar dreamy atmosphere.
“I want to give guests the experience of meandering through the streets in the moonlight,” he says.
Lee, 43, has been in the food and beverage industry for more than 20 years. Around a decade ago, he developed an interest in shi liao, or Chinese dietary therapy, as well as yao shan, or Chinese medicinal food.
In 2014, he worked at Chinese restaurant Hao Yun Lai under executive chef N.K. Chai, who is known for his Chinese dietary therapy cuisine.
With Yue Bai, which opened in December 2022, Lee presents a Southern Chinese menu based on principles such as using ingredients and preparation to create dishes that complement the body’s constitution and also the season.
For his food, the interiors had to be “simple and elegant”, he says.
He also wanted to be located in Duxton Hill, with its low-rise shophouses and narrow streets.
“I always wanted to have my restaurant in an old shophouse, and there is something very attractive about this neighbourhood,” he says.
Enter the restaurant, and there is a small reception area and then a narrow corridor, which alludes to the narrow streets outside. A row of four dining booths lines one side of this internal “street”.
The restaurant was designed by Ms Tan Hui Ee, director of interior design firm Two by Four. She says the layout was inspired by traditional Chinese gardens, with their meandering paths and framed views.
The 1,950 sq ft restaurant has a seating capacity of 42 and occupies the ground floor of two shophouses divided into zones.
The zone with the booths is designed to suggest a street lined with traditional Chinese tea houses or pavilions. Timber trellises and screens used to partition the booths add to the effect.
The corridor or internal street leads to a sliding timber screen with a circular motif – a reference to moon gates in Chinese gardens – that opens into an inner dining hall.
This zone has been simply decorated with ceramic artworks and laser-cut text from Huang Di Nei Jing, or the Yellow Emperor’s Classic Of Medicine.
On one wall is a circular faux window to suggest a view of a bigger garden beyond. On the opposite wall is another sliding timber screen that opens to reveal an actual moon gate, which frames the entrances to a more exclusive zone – the private dining room.
“Chinese restaurants are usually too ornate,” says Ms Tan.
The material used for the fittings and finishes is largely either solid oak or oak veneer, all stained the same neutral tone.
“We wanted to limit the material palette to wood and show how it could be used in different ways. This was also inspired by chef Lee’s cuisine, which is about elevating the ingredients he uses,” adds Ms Tan.
Yue Bai will be serving its Chinese New Year menu from Jan 30. It will include the chef’s signature dishes such as Herbal Poached Rice with Atlantic Cod, Black Fungus and Angelica Wine ($38). This is served in a hot stone pot and finished tableside with fish broth and herbal Shaoxing wine.
It is a refined menu, presented in a refined Chinese setting.
To elevate the experience, Yue Bai has a dress code – smart casual wear is required and “strictly no flip flops” are allowed. But Lee says it has been difficult to impose this in Singapore, where shorts and T-shirts are the norm.
“I do try,” he adds.
2. Synthesis – 01-643 Suntec City East Wing Tower 4, 3 Temasek Boulevard
To target working adults aged 30 and above, Mr Sebastian Ang, co-founder of Chinese restaurant and bar Synthesis, says he wanted to create a venue with a “wow factor”. And he did this by mixing nostalgia with dance music.
From the outside, Synthesis, which opened in March 2023, looks like a traditional Chinese medicine (TCM) shop, with herbs on display and even a wall feature that resembles the old cabinetry typically seen in such shops, with small drawers used for storage.
Mr Ang, 33, gets nostalgic for Chinese herbs. “My grandmother used to work at a TCM hall near Kallang, so I grew up with the smell of Chinese herbs. These herbs were also infused into all our meals,” he says.
The TCM area at Synthesis is the waiting area for restaurant patrons. “I wanted people to be able to smell the herbs before they go in,” says Mr Ang.
The menu, which he co-created with TCM consultants, has a wellness theme and is “embedded” with Chinese herbs, he adds.
The average spending of customers is $50 to $60 a head for dishes such as Sakura Chicken Herbal Poached Rice ($24) and Yam Abacus Seed Truffle Carbonara ($30).
He designed Synthesis despite having no formal training in interior design. His approach was inspired by his personal experiences and childhood memories.
“I worked out how many tables I needed, then I decided on the different zones,” he says.
Mr Ang is also the designer and co-owner of the speakeasy bar Mama Diam and the cafe and cocktail bar Lou Shang, which are both in Prinsep Street and have nostalgia-themed design elements as well.
“I think I know what my customers want,” he says.
The floor area for the 120-seater Synthesis is about 5,000 sq ft, so he had space to play with.
From the TCM waiting area, diners pass a narrow corridor designed to look like an old alley in a Chinese town. Faux shopfronts line both sides of the pathway.
The alley heightens the sense of anticipation before guests enter via a door, disguised as another shopfront, into a foyer with ornate timber screens. This leads to the bar.
The bar delivers further drama with its high vaulted ceiling, clad in metal sheeting with an embossed ripple effect. Spirits are displayed in a rack that follows the curve of the ceiling, with bottles looking like they are about to fall out.
The metal cladding with the ripple effect is there to evoke water, one of the five elements in TCM – water, fire, metal, earth and wood – that are represented in the design of Synthesis.
In the main dining area, Mr Ang designed LED lightboxes that are programmed to simulate a wave of fire. Warped metal sheeting in gold, representing the element of metal, clads the far wall of the dining area.
Timber logs, bark and all, were used to create a wall feature that represents the element of wood. Marble tabletops, including the communal table in the middle of the space, represent earth.
These materials, combined with piped-in dance music and mood lighting, give Synthesis a party atmosphere. In fact, after the last dinner plates are cleared, the venue turns into a lounge bar.
Chinese food and a lounge bar are an unusual combination, but Synthesis is a very personal project for Mr Ang.
“It’s based on my experience when I was young, and the only way to make something genuine and not gimmicky is to be as real as possible,” he says.
3. Cherry Garden – Mandarin Oriental Singapore, 5 Raffles Avenue
Cherry Garden has been around for a while, having opened in 1987 at the Mandarin Oriental Singapore hotel.
While the restaurant has gone through minor refurbishments over the years, it has always had dark, decorative woodwork inspired by Chinese architecture.
In 2023, the hotel underwent a six-month renovation and was injected with brighter colours by the design firm DesignWilkes, which had been tasked to refresh the restaurant’s look.
Mr Marcel Li, who is in his 40s, and director of food and beverage at the hotel, says the restaurant’s interiors were brightened with contemporary touches and new artwork in line with the transformation of the rest of the hotel.
But the existing Chinese architectural elements and antique doors at the entrance had to remain.
DesignWilkes’ principal designer Jeffrey Wilkes says his first impression of Cherry Garden was that “it felt a little dated and dark in terms of the ambience”.
“As we were lightening the rest of the hotel and injecting a modern tropical sense, we decided to bring that aesthetic into the restaurant,” says Mr Wilkes, who is in his early 60s and based in Kuala Lumpur, Malaysia.
His main design strategy was to paint the Chinese timber elements white. “This has the biggest impact on the space, giving its original dark environment a lightened and more contemporary touch with the low-lustre creamy white paint on all trellis and timber elements,” he says.
The original carpeting, with its cherry tree motif, was replaced by a pink carpet with a simple wavy pattern to complement linen-covered dining tub chairs.
The cherry tree motif is used in a series of photo murals that now hang on the previously unadorned walls.
“A new credenza, a few mid-century modern lamps and a collection of graphically composed photo collections complete the picture,” says Mr Wilkes.
The restaurant spans 3,722 sq ft excluding the kitchen, and can seat 84 guests.
White is not a colour usually associated with Chinese restaurant interiors. However, the Chinese-style trellises and details on the faux roof structure – now all in white – prove that Cherry Garden is still a Chinese restaurant, albeit a contemporary one.
Mr Li says the menu of Cantonese cuisine has also been updated with new signature dishes such as braised pork ribs in bamboo string wrap ($40) and XO fried rice with minced wagyu beef ($40), all presented with “artistic modern flair”.
Now, there are interiors to match.
4. The Chairman’s Lounge – Level 3, Pan Pacific Orchard Singapore
Chinese food is an affair of the arts at The Chairman’s Lounge at the Pan Pacific Orchard Singapore.
While the interior of the private dining space is elegantly understated, what defines it is a 20-panel calligraphy artwork by the late Chua Ek Kay (1947 to 2008), Cultural Medallion recipient and one of Singapore’s most renowned artists.
The artwork is owned by Pan Pacific Hotels Group (PPHG), a member of the Singapore-listed UOL Group.
Mr Dalip Singh, the hotel’s general manager, says the artwork is “a significant cultural asset” and potentially the largest single piece of calligraphy by the late artist.
Titled A Collection Of Tang Poetry By Li Bai, Enjoying Wine And Conversation With Scholar Friends, the artwork was commissioned for the Grand Plaza Parkroyal Hotel and completed in 1992. The hotel in Kitchener Road was sold by PPHG in 2023.
The artwork encapsulates 17 poems unified by the themes of feasting and drinking, and lends “artistic depth and poetic elegance” to the dining experience, says Mr Singh, adding that The Chairman’s Lounge was designed and conceptualised with the piece in mind.
The 52-year-old says the 1,098 sq ft space was envisaged as a spacious family living and dining room.
The private dining room is located on Level Three of the 347-room hotel, which opened in 2023. There is only one dining table – albeit a very large custom-designed one that can seat up to 16 customers.
The space was designed by architectural firm Woha, also the architects for the hotel.
The interior of the private dining space was expressed as an art gallery with a simple, modern palette, to pay homage to the artwork, says Mr Phua Hong Wei, 44, a director with Woha.
He adds: “The artwork commands attention and is a conversation starter.”
The Chairman’s Lounge is finished in timber wall panelling. Openings in the panelling frame the calligraphy within.
Accents like the leather-finish white marble floor are kept simple and elegant to focus guests’ attention on the surrounding artwork, activities and food.
There is a finishing kitchen located next door to assemble and portion the food before it is served. The menu is created by Chinese master chef Leung Wing Cheung and prepared in the hotel’s banquet kitchen.
Set menus for 10 people are priced from $2,688++ (plus service charge and GST) to $3,288++ for an eight-course menu. Signature dishes include the Prosperity Exotic Garden Yusheng, which features lobster, and the Pan-Seared Dried Oyster With Duet Of Traditional Crispy Chicken, with foie gras.
Leung, 62, moved to Singapore from Hong Kong about 30 years ago. He is considered to be among the first wave of Hong Kong chefs to have impacted the local culinary scene.
In a press statement, he says: “My aim is to craft dishes that not only entice the senses but also weave a narrative, connecting diners to the rich legacy of Chinese culinary tradition.”
He adds that he is a staunch advocate of the Chinese maxim “se xiang wei ju quan”, which translates as “food that excels in colour, aroma and taste”.
The maxim also resonates with the musings of Li Bai, especially for those who care to read Chua’s monumental rendition as they dine.
5. Coincidence – 10 North Canal Road
In the heart of Singapore’s Central Business District is Coincidence, a restaurant and bar serving Chinese cuisine in a setting that appears old and new at the same time.
Its co-founder, Mr Joseph Neo, says the intent behind the design was to “break away from the formalities associated with traditional fine-dining establishments”.
Describing the ambience as “cheeky and inviting”, the 36-year-old adds: “We wanted the design to transcend traditional boundaries, allowing for the creation of different thematic settings.”
The 2,300 sq ft restaurant and bar opened in August 2023 and occupies two levels of a shophouse in North Canal Road. There is a lounge on Level Three and private event spaces on Level Four.
Here, traditional design elements are presented in a different way. Two LED screens dominate the restaurant and bar. They play videos of digital illustrations of traditional Chinese architecture set in picturesque landscapes, and these change with the time of day.
Measuring 21 ft (6.5m) by 23 ft in length, the panels create an immersive effect for the customers.
There is also a feature table on Level One for communal dining, which incorporates a custom-made miniature display of a Chinese landscape – complete with a running stream, pagodas and other buildings – by local designers The Mossiah.
The combination of the video projection and miniature landscape creates a surreal atmosphere.
“The goal was to offer our customers a unique and evolving dining ambience, ensuring that each visit to our establishment would be a fresh and memorable experience,” says Mr Neo, who is also a director in the banking and finance industry.
Coincidence was designed by local firm Hall Interiors.
Mr Tiong Ing Hou, 37, the firm’s co-founder, says the design “incorporates elements that specifically resonate with Chinese culture”. This was done to set it apart from the more minimalist Japanese aesthetic, he adds.
Red was used to highlight areas such as the display cabinets at the bar. “Traditionally, red symbolises prosperity, good fortune and joy in Chinese culture,” adds Mr Tiong.
The cuisine is unmistakably Chinese. Helming the kitchen is chef Raymond Sui, who has created dishes such as Divine Crispy Prawn Roll topped with birds’ nest and ikura, and drizzled with honey chrysanthemum sauce ($22.80).
Another popular dish is Foursome, made with egg white scallop, sharks’ fin, birds’ nest and caviar, and topped with gold flakes ($28.80).
Mr Neo describes the cuisine as modern Chinese fusion that merges traditional flavours with global influences to give “a contemporary twist on classic Chinese cuisine”.
And the design of Coincidence, too, is a contemporary twist on the Chinese restaurant.
|
https://www.straitstimes.com/life/5-chinese-restaurants-where-decor-is-an-ingredient-for-a-stylish-dining-experience?utm_campaign=STPicks
| 2024-01-26T21:44:45Z
|
blocked_url
|
SINGAPORE – To celebrate their love, more Singaporeans are opting for “permanent” jewellery, typically in the form of matching, claspless bracelets welded around their wrists, say local businesses.
With no clasps, these “forever” bracelets are not meant to be removed, although wearers may attempt to snip them off with a pair of scissors.
Ms Jael Tan, 39, and her husband got a pair of 14K gold permanent bracelets in 2023.
“We have always liked the idea of everyday jewellery for couples. The idea of the bracelets being welded close was also very interesting for us,” the nurse tells The Straits Times.
Besides couples, some family members and friends are also opting for such jewellery.
Mr Augustine Yuen, for example, bought himself and his 61-year-old mother a pair of matching 14K white gold permanent anklets in 2023.
The 30-year-old financial agent says: “My mum and I have always been close and I thought permanent anklets would be a symbolic gesture to immortalise our bond.”
Curious Creatures is one local brand that has been offering permanent jewellery since November 2022. Its co-founder Larissa Tan tells ST that she has seen an “overwhelming response”.
“For at least six months after launching (the collection), our appointments were fully booked, and back then we did not have weekend slots available,” she adds.
The brand has since started offering weekend slots for permanent jewellery welding at its Ion Orchard flagship outlet.
At Singapore-based fine jewellery brand Holly Gray, sales have more than doubled since it offered permanent jewellery in December 2022, says its co-founder Hanya Seah, 30.
She says: “Customers get permanent jewellery for its sentimental value. It’s a contemporary way of symbolising an enduring friendship or relationship.
“They also enjoy the convenience of waking up accessorised, without the hassle of putting on or taking off jewellery.”
The concept of permanent jewellery was popularised in the United States by brands like Catbird in New York in the 2010s.
American celebrities such as Meghan Markle, reality TV star Kylie Jenner and actress Jessica Alba have been seen wearing permanent jewellery.
On TikTok, the hashtag #permanentjewellery boasts more than 63 million views.
Curious Creatures’ Ms Tan says she first came across permanent jewellery in the US in 2018 and saw the potential of offering it in Singapore.
“As someone who rarely removes my bracelets, I was intrigued by this concept. Apart from the idea of a custom-fitted bracelet, the idea of an adult friendship bracelet or a promise bracelet was refreshing for the jewellery landscape,” she says.
Permanent jewellery is usually made of solid 14K gold as it is durable enough to withstand wear and tear, she adds.
Customers can also personalise their custom-fit chains with charms.
Prices for permanent jewellery like a bracelet or anklet are between $115 and $499 at Curious Creatures; additional charms start at $69.
Holly Gray’s Ms Seah says the welding process is painless as jewellers use a leather pad to protect the customers’ skin. The welding takes about a minute.
While permanent jewellery has a growing fanbase here, some people have voiced pragmatic concerns.
“What if we break up?” says Mr Hishamuddin Shafiq, 38, adding that the bracelets also tend to look too feminine for his liking.
The fitness instructor adds: “As a gym coach, I watch people gain or lose mass. The jewellery might not fit well when one’s body transforms.”
Also, some schools have strict rules against students wearing jewellery on campus, says Ms Tan from Curious Creatures, so her permanent jewellery customers must be at least 16 years old.
Some question if wearing permanent jewellery will set off the metal detector when one passes through airport security. Ms Tan says none of her customers have had issues with this.
However, those who are going for X-rays, CT scans, MRI (magnetic resonance imaging) scans or surgical procedures should remove all their jewellery – permanent or not – to eliminate the chances of burn injuries, according to most hospital guidelines.
Sengkang General Hospital’s website says jewellery items may also affect the use of electrical equipment during the surgery.
While the jewellery may be carefully cut off with scissors, Curious Creatures’ Ms Tan says her customers can return to the store to have their bracelets or anklets safely cut off for free.
The jewellery can be re-welded for $10 to $15.
|
https://www.straitstimes.com/life/permanent-jewellery-a-hit-among-more-singaporeans?utm_campaign=STPicks
| 2024-01-26T21:44:56Z
|
blocked_url
|
When is a gift not really a gift?
This question has come to the fore since last week when former transport minister S. Iswaran was handed 27 criminal charges related to his dealings between 2015 and 2022 with property billionaire and Singapore GP chairman Ong Beng Seng. Twenty-four charges come under Section 165 of the Penal Code for obtaining valuable items as a public servant, such as tickets to football matches, musicals and the Formula One races.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you
|
https://www.straitstimes.com/opinion/why-the-public-sector-is-so-wary-of-gifts-and-hospitality?utm_campaign=STPicks
| 2024-01-26T21:45:06Z
|
blocked_url
|
SINGAPORE - A number of public transport systems worldwide have begun their shift to account-based ticketing platforms in recent years.
Some still concurrently run systems that offer card-centric modes of payment to cater to the needs of various groups.
With account-based ticketing, travel records are held in a back office and transactions are processed there. In contrast, a card-based ticketing scheme stores transaction data on the cards, and transactions are processed instantly when the cards come into contact with payment terminals.
In Singapore, a planned move to ditch older ez-link and Nets FlashPay cards for SimplyGo, an account-based system, by June sparked unease among some adult public transport users. Some wrung their hands over not being able to see the fares they are charged at transaction points.
SimplyGo transactions are handled on back-end systems.
Pulling the plug on the move on Jan 22, barely two weeks after it was announced, Transport Minister Chee Hong Tat acknowledged passengers’ concerns about the inability to display fares.
Mr Chee said there is no technical solution to this for the moment, and this is the case elsewhere too.
He said Hong Kong’s and London’s account-based ticketing cards, for instance, also do not show such information at the terminals. He was referring to contactless payments via bank cards.
The public transport systems of Hong Kong and London use account- and card-based systems simultaneously, checks by The Straits Times showed.
ST takes a closer look at transport payment systems in New York, Australia’s Victoria state, Hong Kong and London, and the roll-out challenges they faced.
New York, United States: Postponing new system indefinitely
Launched in May 2019, New York’s new account-based transport payment system, Omny, which allows commuters to pay via contactless bank cards, physical Omny cards and smart devices, was initially set to fully replace the card-based MetroCard system by 2023.
In April 2023, about four years after Omny’s launch, public transport operator Metropolitan Transportation Authority announced an indefinite postponement of the old system’s complete shutdown.
Omny is expected to cost US$772 million (S$1.03 billion) when it is rolled out completely.
More time was needed to install cash payment options on Omny vending machines at certain subway stations and unify the use of the Omny system across the city’s entire transport network, the New York Post reported in April 2023.
Passengers had also raised security concerns about their data being tracked, while some noted that Omny would limit the homeless community’s access to public transport since they may not have access to smartphones or bank cards.
Victoria, Australia: Transiting to new system
The Australian state of Victoria, whose capital is Melbourne, is upgrading its hardware for transit payments in phases from 2024, and moving from a card-based ticketing system to an account-based one in an A$1.7 billion (S$1.5 billion) move.
A new vendor was appointed in May 2023. The hardware overhaul was projected to take two years, yet no firm schedule has been given on when the account-based system will kick in.
With the new hardware installed, commuters can use credit and debit cards or their mobile devices and existing transit cards for fare payments. Digital payment under the existing system is limited to Android smartphones.
According to Public Transport Victoria’s website, physical cards will continue to be available for those who do not want to switch, but there was no mention of whether existing cards can be used without modifications in the future.
The agency responsible for Victoria’s public transport system stated that there will not be immediate changes to the existing ticketing system with the new contract.
Hong Kong: Boosting legacy card system with bank payments
Contactless bank card payments – a form of account-based ticketing – made an appearance in Hong Kong’s public transport system only in December 2023 for use on the city’s Mass Transit Railway (MTR) system.
Passengers can now use Visa cards, together with the legacy Octopus card, to enter and exit fare gates.
According to MTR’s website, more card options will be available in the next phase of the initiative to widen payment modes in the third quarter of 2024.
MTR stations have two types of fare gates – those in light blue are for passengers paying with contactless bank cards, while gates with yellow card readers are for commuters to tap their Octopus cards.
Since March 2023, new entry and exit gates have been installed as part of the MTR Corporation’s plans to upgrade the payment system.
Some HK$1.3 billion (S$223 million) will be invested to replace 2,400 fare gates, with the new gates featuring a slimmer body and supporting all available payment options – the Octopus card, single-use tickets, QR code tickets (via payment app Alipay, for example) and credit cards.
London, Britain: Coexisting to meet needs of passengers
In 2012, London became the first city worldwide to allow contactless payments via credit or debit cards on its public transport network.
In August 2022, 530,000 daily journeys on the London underground rail system were made using Oyster cards, which operate on a card-based scheme, while 1.39 million rides a day were paid for with contactless bank cards, according to figures released by transport operator Transport for London.
In 2021, Mr Mike Tuckett, then head of customer payments at Transport for London, told broadcaster BBC there were no plans to stop offering the Oyster card option.
This is because some people “can’t or won’t use contactless”, so the Oyster card is still the “best and most natural solution”, he said.
In November 2022, the operator said in a tender notice that it is looking to transform the Oyster card system into an account-based one, to support the interchangeable use of devices, among other things.
To be awarded in August 2024, the contract entails a phased transition to full service by August 2026.
|
https://www.straitstimes.com/singapore/transport/shelving-of-simplygo-plan-what-are-other-cities-doing-with-public-transport-payments?utm_campaign=STPicks
| 2024-01-26T21:45:17Z
|
blocked_url
|
SINGAPORE – A typical day in the life of wushu exponent Zeanne Law is nothing short of fast and furious.
The Singapore Sports School final-year student attends lessons from 8am and, between her classes, she zips off to work on her technique in one of the school’s dedicated training areas for martial arts.
By evening, the 18-year-old travels from Woodlands, where her school is, to national training in Bedok. And once training ends, she commutes back to campus, where she squeezes in a little time for revision before heading to bed.
Law’s tireless dedication to her craft led to her being crowned women’s taijiquan world champion at the World Wushu Championships in Texas last November.
Her efforts have also been recognised by the International Wushu Federation (IWUF), who named her the 2023 Wushu Taolu Rising Star of the Year on Jan 23.
The title was determined by public voting, with Law garnering 56,405 votes to pip fellow finalist, Ukrainian Alina Krysko, who received 55,993 votes.
Law said: “It is very heart-warming to know that there are that many people who support me.
“I did not expect to win but I am very thankful. Most importantly, to me it is an acknowledgement of all the hard work that I have been putting in.
“It has not been easy, especially in 2023 because I was doing my best to juggle between my studies and wushu. This motivates me to work even harder.”
The past year was a real test for Law. She prepped for the world championships while also studying for one half of her International Baccalaureate examinations.
The Sports School allows eligible student-athletes to stretch the completion of their IB diploma programme longer than the usual two years, in order to balance their sports training and academic requirements.
“In fact, I would say I made my studies a priority and that whole period was hectic and difficult. I often felt fatigued,” said Law.
“But, at the end of the day, I am fortunate to be at the Sports School where I am given the best of both worlds.”
Nominations for the award – designed to recognise outstanding wushu athletes as excellent role models and to encourage more wushu talents to contribute to the sport’s development – opened last November.
Each IWUF member association could nominate three female athletes and three male athletes for categories such as Wushu Taolu Athlete of the Year, Wushu Sanda Athlete of the Year, Traditional Wushu Athlete of the Year, Traditional Wushu Rising Star of the Year and Wushu Taolu Rising Star of the Year.
Finalists were announced on Dec 15, with voting open till Jan 15. Taolu means set routine, while sanda refers to sparring.
Jowen Lim, who won a gold and silver at the World Championships and an unprecedented wushu silver at the 2023 Asian Games, was second in the Wushu Taolu Athlete of the Year voting.
He had 11,948 votes while winner Lu Xiangcheng of China had 44,349 votes.
National coach Zhang Feng said the award was deserved, given that Law has been “an athlete who has been training very hard and focused for a long time”.
He added: “I hope Zeanne will take this award as an opportunity to continue working hard, stay focused, and complete well at every competition this year.”
With the boost from the award, Law hopes to be able to excel in three major competitions in 2024.
Law, who made her debut at a major competition at the Hanoi SEA Games in 2022 at the age of 16, will compete in August’s World Taijiquan Championships in Singapore, the Asian Wushu Championships in September in Macau and Taolu World Cup in Japan in October.
She has already pictured the perfect swansong, saying: “To win a gold medal at the 2029 SEA Games on home soil. That is the perfect closure. That would be the dream.”
|
https://www.straitstimes.com/sport/singapore-s-zeanne-law-named-wushu-taolu-rising-star-of-the-year-by-world-body?utm_campaign=STPicks
| 2024-01-26T21:45:27Z
|
blocked_url
|
If you look at the transcript of Tesla’s (TSLA - Free Report) last earnings call, it reads like a science fiction novel. For a second there, I had to sit back in awe of what I was witnessing. The Full-Self Driving discussion was something we used to watch in 80s movies. But then, when CEO Elon Musk started getting into details on the company’s humanoid robot product, Optimus, things really got interesting. Are we really talking about selling robots to people at scale? Somewhere between Short Circuit and Star Wars, the future has arrived.
That did not translate to a bullish backdrop for the stock. Rather, sellers took control, tearing down Tesla shares from mighty heights to what’s feeling like some really bluesey lows. With so much action happening in the stock, it’s a good time to highlight it as our Chart of the Day.
In his video, Dave Bartosiak employs technical analysis techniques to break down Marathon Digital’s recent price movements. Here's a glimpse of how he dissects the chart:
Moving Averages: Bartosiak starts by examining the stock's moving averages, such as the 50-day and 200-day moving averages. He points out the significance of crossovers and divergences between these averages, which can indicate potential trend changes.
Support and Resistance Levels: Bartosiak identifies key support and resistance levels on the chart. These levels act as barriers that the stock price must breach or hold above, providing traders with critical decision points.
Chart Patterns: He discusses chart patterns like head and shoulders, cup and handle, or flags, and their relevance in predicting future price movements. These patterns can offer valuable insights into potential bullish or bearish trends.
Technical Indicators: Bartosiak also utilizes technical indicators such as Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) to gauge the stock's momentum and potential reversal points.
Volume Analysis: He emphasizes the importance of volume analysis in confirming price trends. An increase in trading volume during a breakout or breakdown can validate the significance of a price move.
Dave Bartosiak's technical analysis approach adds depth to our understanding of Tesla's stock chart. By paying attention to moving averages, support and resistance levels, chart patterns, technical indicators, and volume, he equips investors with a comprehensive toolkit for making well-informed decisions in the stock market. Remember, while technical analysis is a valuable tool, it's important to consider other factors like fundamental analysis and market sentiment before making investment choices.
|
https://www.zacks.com/stock/news/2216626/buy-tesla-stock-for-humanoid-robots-and-full-self-driving?
| 2024-01-26T23:01:57Z
|
blocked_url
|
Today’s episode of Full Court Finance at Zacks looks at where the market stands after the early wave of big tech earnings reports from the likes of Tesla and Netflix. The episode then explores why investors might want to buy three of the Magnificent 7 technology stocks—Meta, Apple, and Amazon—with their quarterly earnings results due out on February 1.
The S&P 500 is trading near its new all-time highs heading into the most highly-anticipated week of corporate earnings that features reports from Microsoft, Meta, Apple, Amazon, Alphabet, and other giants.
Netflix, United Rentals, and American Airlines all surged following their financial releases, highlighting the ongoing strength of U.S. consumers and the wider economy.
Tesla was one of the standout underperformers thus far. But Wall Street might start to nibble at the EV giant sooner than later considering the oversold levels it is trading at.
There is no telling how Wall Street will react to the wave of Magnificent 7 reports next week. On top of that, there is little doubt that these big tech names and the broader market will face selling pressure and pull back down to key moving averages at some point again because that is always the case even in strong bull markets.
But the last several years have showcased how tricky the market timing game can be and why investors might want to adopt buy-and-hold mentalities. On top of that, owning some of these mega-cap tech giants is likely savvy investing even if it seems far too easy.
Meta Platforms, Inc. ((META - Free Report) ) shares are trading at new all-time highs ahead of its Q4 earnings release on February 1, skyrocketing 160% in the last year. Yet, Meta trades at a 16% discount to the Zacks tech sector, 10% below its 10-year median, and nearly 70% below its highs at 22.1X forward 12-month earnings.
The stock might be a little overheated, but it is still trading above all of its key short-term and longer-term moving averages.
Image Source: Zacks Investment Research
The parent company of Facebook, Instagram, and WhatsApp grew its daily active user (people) base by 7% last quarter to 3.14 billion, while its monthly active users popped 7% to 3.96 billion, reaching half of the global population.
Meta’s various apps serve different pockets of social media and digital communication, and the firm stands to benefit from ongoing ad spending in a world of smartphone addicts. Meta is also investing in its AI future and it could still be a long-term winner if the metaverse dream becomes a reality.
Image Source: Zacks Investment Research
In the here and now, Meta is poised to churn out profits as it focuses on steady expansion and efficiency. Meta is projected to grow its adjusted earnings by 46% in FY23 and another 23% in FY24 on the back of 15% and 14%, respective revenue growth. Meta’s positive earnings revisions activity helps it land a Zacks Rank #2 (Buy) right now.
Amazon ((AMZN - Free Report) ) is focused on efficiency and profitability these days and is set to report on February 1. AMZN is attempting to improve AWS cloud computing margins by rolling out more in-house chips, while also working with Nvidia.
On the e-commerce front, Amazon is boosting profitability through a different fulfillment network structure. AMZN is also growing its digital advertising unit and attempting to attract more Prime subscribers via different streaming offerings and other perks.
Image Source: Zacks Investment Research
Amazon’s earnings outlook has improved to help it land a Zacks Rank #2 (Buy) right now. Zacks estimates call for the company to grow its adjusted earnings by 280% in FY23 from $0.71 per share to $2.70 and then expand another 36% in FY24. Meanwhile, AMZN is poised to grow its revenue by 11% and 12%, respectively during this stretch to climb from $514 billion last year to $637 billion in 2024.
Image Source: Zacks Investment Research
Amazon stock has soared 785% in the last decade to blow away the Zacks Tech sector’s 280%. Despite this run, Amazon is down 2% in the last three years vs. the Zacks Tech sector’s 27% climb and it trades around 15% below its all-time highs.
Amazon’s forward earnings multiple remains rather high. But its focus on bottom-line growth has it looking lightyears better than it was. Amazon’s PEG ratio might also suggest its P/E ratio will continue to come down.
Apple ((AAPL - Free Report) ), like all of the stocks on the list today doesn’t need an introduction and it reports earnings (Q1 FY24) on February 1.
AAPL stock closed out 2023 on a downbeat note after hitting all-time highs as Wall Street worried about slowing growth in China, a saturated high-end smartphone market, possible legal setbacks, and more. Apple’s revenue did fall by 2.8% last year, but that is rather common given its somewhat cyclical iPhone-heavy business. And the stock is already bouncing back.
Image Source: Zacks Investment Research
Even in a 'down year' Apple sold $200 billion worth of iPhones in FY23 vs. $142 billion in FY19. Plus, CEO Tim Cook has helped turn its iPhones, Macs, and more, which have amassed an installed base of “over 2 billion active devices,” into a separate growth engine via services-focused subscriptions.
The biggest growth segment at the company includes the App Store, streaming TV, and more. AAPL has nearly doubled the number of paid subscriptions it had three years ago to over 1 billion.
Image Source: Zacks Investment Research
Apple’s revenue is projected to climb by 3% in FY23 and then jump 6% higher in FY25 to boost its adjusted earnings by 8% and 9%, respectively. Apple trades above all of its key short-term and long-term moving averages and it is trading near neutral RSI levels.
Meanwhile, Apple trades at a roughly 20% discount to its five-year highs at 28.6X forward 12-month earnings and not too far above its median and Tech.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Amazon.com, Inc. (AMZN) - free report >>
|
https://www.zacks.com/stock/news/2216631/3-magnificent-7-tech-stocks-to-buy-and-hold-forever
| 2024-01-26T23:02:03Z
|
blocked_url
|
Dividends provide many clear benefits, including a passive income stream, the ability to reap maximum returns through dividend reinvestment, and a buffer against drawdowns in other positions.
Many investors pivot to the Dividend Aristocrats when looking to generate an income stream. After all, it’s easy to understand why – these companies have upped their payouts for at least 25 consecutive years, which displays their reliability.
Currently, several members of the club, including IBM (IBM - Free Report) , PepsiCo (PEP - Free Report) , and Target (TGT - Free Report) , have seen their earnings outlooks shift positively, indicating bullishness among analysts.
For those interested in consistent and reliable payouts, let’s take a closer look at each.
IBM
IBM’s latest set of quarterly results excited the market, with shares moving well higher post-earnings and continuing a recent trend of post-earnings bullishness. The company touted its recent AI demand, undoubtedly to the likes of investors.
Analysts took their expectations higher for the company’s current fiscal year following the release, as we can see below.
Image Source: Zacks Investment Research
IBM shares pay a healthy dividend, yielding a sizable 3.5% annually and well above the respective Zacks Computer and Technology sector average. Dividend growth is also solid, with the company carrying an 0.8% five-year annualized dividend growth rate.
Image Source: Zacks Investment Research
Value-conscious investors may be steered away, with the current 19.4X forward earnings multiple well above the 12.7X five-year median and sitting at a five-year high. Still, investors have had little issue forking up the premium given the company’s bright outlook on AI.
PepsiCo
PepsiCo is an American multinational beverage, food, and snack corporation headquartered in New York. The stock is currently a Zacks Rank #2 (Buy), with earnings expectations rising modestly higher across several timeframes.
The revisions trend has been particularly strong for its current fiscal year, with the $7.55 Zacks Consensus EPS Estimate up 4% over the last year.
Image Source: Zacks Investment Research
PEP shares presently yield 3% annually, in line with the Zacks Consumer Staples sector average. Dividend growth has been strong, with PepsiCo boasting a 6.7% five-year annualized dividend growth rate.
Image Source: Zacks Investment Research
Target
Target has evolved from a pure brick-and-mortar retailer to an omnichannel entity, modernizing its supply chain to compete with pure e-commerce players.
The stock is a Zacks Rank #2 (Buy), with the revisions trend for its upcoming release bullish, up nearly 9% since last November and suggesting growth of 26% from the year-ago period.
Image Source: Zacks Investment Research
The company’s profitability picture is expected to improve in a big way, with consensus expectations for its current year suggesting 40% year-over-year growth amid a more favorable operating environment.
Target’s dividend growth is the most impressive of all, as the company carries a sizable 15% five-year annualized dividend growth rate. Shares presently yield 3.1% annually paired with a sustainable payout ratio sitting at 56% of its earnings.
Image Source: Zacks Investment Research
Bottom Line
Many investors pivot to the Dividend Aristocrats when looking to generate an income stream.
After all, it’s easy to understand why; these companies have upped their payouts for a minimum of 25 consecutive years, fully reflecting their reliability.
And all three members of the club above – IBM (IBM - Free Report) , PepsiCo (PEP - Free Report) , and Target (TGT - Free Report) – have all seen their near-term earnings outlooks drift higher, indicating optimism among analysts.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
International Business Machines Corporation (IBM) - free report >>
|
https://www.zacks.com/stock/news/2216632/3-top-ranked-dividend-aristorats-to-buy-for-income
| 2024-01-26T23:02:09Z
|
blocked_url
|
House Speaker Mike Johnson has warned that the Senate’s border deal that would also provide aid to Ukraine, Israel, and Taiwan is “dead on arrival” in the House of Representatives and announced plans to impeach the Homeland Security Secretary over the immigration crisis in the United States, CNN reported.
The proposal of US President Joe Biden, seeking approval of the US Congress to allocate funds to secure the southern border of the United States and support Ukraine, Israel, and Taiwan, includes $61 billion for Ukraine.
Republican congressmen insist on addressing issues related to strengthening the border with Mexico, a source of illegal migration to the United States, and refuse to vote for a compromise bill on the border and aid to Ukraine, Israel, and Taiwan. To pass the bill, both chambers of the US Congress, the House of Representatives and Senate, must vote for it.
In a letter to his Republican colleagues on 26 January, Mike Johnson said that the House would not accept any compromise that does not include the House GOP’s (Republican) immigration bill, HR 2, which would fund the construction of the wall on the US-Mexican border, “end sanctuary policies, and crack down on illegal immigration.”
Johnson also said that the House Homeland Security Committee would move forward next week with articles of impeachment for Homeland Security Secretary Alejandro Mayorkas, accusing him of “failing to enforce the law and protect the national security.”
Johnson reiterated his calls for President Joe Biden to enforce the border using his executive powers.
“If President Biden wants us to believe he is serious about protecting our national sovereignty, he needs to demonstrate his good faith by taking immediate actions to secure it. He should sign an order right now to end the mass release of illegals and dangerous persons into our country,” Johnson wrote.
Johnson’s letter comes as former President and current presidential candidate Donald Trump has urged Republicans to reject any border deal that would give US President Joe Biden a political advantage. Trump said that the only way to secure the border is to vote for him in 2024.
The Senate’s border deal, which has not been finalized or released, is expected to include aid to Ukraine and Israel, as well as some border security measures. Senate Minority Leader, Republican Mitch McConnell, has argued that the deal is a rare opportunity for Republicans to get concessions on the border and support Ukraine.
However, Johnson’s letter signals that the Republican Congressmen in the House of Representatives are unwilling to compromise on the border issue, setting up a clash with the White House amid the ongoing immigration crisis in the United States.
Related:
- Biden: “Failure to support Ukraine is just absolutely crazy”
- CNN: Biden warns top lawmakers that US soldiers on the line if Russia-Ukraine war expands into NATO territory
- Biden says Republicans will have “an awful lot to pay for” if they don’t pass military assistance for Ukraine now
- Biden calls on Congress to “stand with Ukraine” as Putin “banking on” US aid failure
|
https://euromaidanpress.com/2024/01/26/us-house-speaker-threatens-to-derail-border-deal-and-ukraine-aid/
| 2024-01-26T23:10:25Z
|
blocked_url
|
Earnings season continues to chug along, with various companies reporting quarterly results daily. The period is undoubtedly an exciting time for investors, as companies finally pull the curtain back and unveil what’s transpired throughout the period.
This upcoming week, we have several notable names on the reporting docket, a list that includes several mega-cap tech favorites such as Meta Platforms (META - Free Report) , Amazon (AMZN - Free Report) , and Apple (AAPL - Free Report) .
It raises a valid question – what are analysts expecting out of each? Let’s take a closer dive into quarterly expectations.
Apple
Perhaps the most beloved of the bunch, market leader Apple will reveal quarterly results on February 1st after the market’s close. The company has been on a solid earnings streak as of late, exceeding our consensus earnings and revenue expectations in three consecutive quarters.
Shares got a nice boost following its latest set of results, sparking a strong rally.
Image Source: Zacks Investment Research
Analysts have been bullish regarding the bottom line, with the $2.09 Zacks Consensus EPS Estimate up a modest 1.5% since November and suggesting growth of roughly 11% year-over-year. Revenue expectations have been slightly more negative, as the $117 billion quarterly sales estimate has been taken 1.4% lower over the same period.
Image Source: Zacks Investment Research
Of course, investors will be focused on the company’s iPhone sales, but Apple’s services portfolio has also been a great source of growth over the last several years. For the quarter, we expect the company to post $23.3 billion in revenue from Services, nicely above the year-ago mark of $20.7 billion.
Apple has consistently positively surprised on this metric as of late, as we can see below.
Image Source: Zacks Investment Research
Amazon
Amazon, the e-commerce and cloud computing titan, will report on February 1st after the market’s close. The company has posted strong quarterly results as of late, exceeding our consensus EPS expectations by an average of 55% over its last four releases.
Like AAPL, Amazon shares moved well higher post-earnings following its latest release, with shares continuing their momentum throughout 2024 so far.
Image Source: Zacks Investment Research
Analysts have been notably bullish for the release, as the $0.81 Zacks Consensus EPS estimate has been taken nearly 7% higher since November and reflects growth of a sizable 280% year-over-year. Top line expectations have primarily remained flat.
Image Source: Zacks Investment Research
Concerning Amazon, AWS will likely be yet again a big focus among investors. For the release, the Zacks Consensus estimate for AWS sales stands at $24.3 billion, reflecting solid growth from the year-ago mark of $21.4 billion.
The market titan modestly fell short of consensus AWS net sales expectations in its latest report.
Image Source: Zacks Investment Research
Meta Platforms
Like those above, Meta Platforms is scheduled to unveil its quarterly results on February 1st after the market’s close. The company has crushed earnings expectations as of late, exceeding both earnings and revenue estimates in four consecutive releases.
Shares faced modest pressure post-earnings following its latest release before quickly rebounding and melting higher.
Image Source: Zacks Investment Research
Analysts have been bullish on tech’s outlook, and Meta certainly hasn’t been an exception, with the $4.81 Zacks Consensus EPS Estimate up 2% since last November and indicating growth of 60%. Top line revisions have moved similarly, as the $38.9 billion consensus sales estimate has climbed 1% over the same period.
Image Source: Zacks Investment Research
The company generates the bulk of its revenues through advertising, a metric that META has consistently positively surprised on as of late. For the quarter to be reported, the Zacks Consensus estimate for advertising net sales stands at $37.8 billion, showing considerable growth from last year’s $31.3 billion print.
Image Source: Zacks Investment Research
Bottom Line
Earnings season is upon us, with a wide variety of companies unveiling quarterly results daily.
Next week, we’ll hear from several mega-cap tech players, including Amazon (AMZN - Free Report) , Apple (AAPL - Free Report) , and Meta Platforms (META - Free Report) .
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Amazon.com, Inc. (AMZN) - free report >>
|
https://www.zacks.com/stock/news/2216717/3-key-quarterly-releases-to-watch-next-week
| 2024-01-26T23:10:42Z
|
blocked_url
|
Quarterly results from Netflix (NFLX - Free Report) ) and Tesla ((TSLA - Free Report) ) highlighted this week’s busy earnings lineup but quite a few lesser-known names would end up providing eye-catching earnings reports.
Here is a short list of three companies that are standing out after blowing past earnings expectations and making their stocks worthy of investors' consideration at the moment.
PACCAR (PCAR - Free Report)
While Tesla slightly missed its fourth quarter top and bottom line expectations and provided weaker sales guidance, Paccar is an auto company that shined this week. The heavy-duty truck manufacturer posted Q4 earnings of $2.70 per share on Tuesday which topped the Zacks Consensus of $2.20 a share by 23%. Notably, quarterly sales of $8.59 billion topped estimates by 5%.
The strong Q4 results helped Paccar round out a record year for annual revenue at $35.13 billion and net income of $5.05 billion or $9.61 per share. Paccar has now surpassed earnings expectations for nine consecutive quarters and currently sports a Zacks Rank #1 (Strong Buy) with an overall “A” VGM Zacks Style Scores grade for the combination of Value, Growth, and Momentum.
Image Source: Zacks Investment Research
Stride (LRN - Free Report)
Also sporting a Zacks Rank #1 (Strong Buy), premiere education services company Stride continues to impress as a provider of virtual and blended learning. Stride offers curriculums and programs from K-12 and to adults seeking workforce skills as well.
Reporting its fiscal second quarter results on Tuesday, Stride's Q2 EPS of $1.54 beat estimates by 15% and spiked 19% from $1.19 a share in the prior-year quarter. Second-quarter sales of $504.87 million slightly topped estimates of $503.79 million and rose 10% year over year. Stride has now beaten earnings expectations for five consecutive quarters and has posted a very impressive average earnings surprise of 45.24% in its last four quarterly reports.
Image Source: Zacks Investment Research
Seagate Technology (STX - Free Report)
Data storage and infrastructure solutions provider Seagate Technology reassuringly surpassed its fiscal second quarter bottom line expectations on Wednesday and is starting to reconfirm the return of its lucrative earnings potential.
Seagate posted a surprising profit with Q2 EPS at $0.12 a share compared to estimates that called for an adjusted loss of -0.07 a share. This was despite sales of $1.55 billion slightly missing estimates of roughly $1.56 billion.
Image Source: Zacks Investment Research
Still, Seagate's stock sports a Zacks Rank #2 (Buy) as its projected earnings rebound is starting to look more likely with EPS expected to soar 73% this year and then skyrocket and expand another 1,254% in FY25 to $4.47 per share.
Image Source: Zacks Investment Research
Bottom Line
Following their favorable quarterly results earnings estimate revisions are likely to trend higher for Paccar, Stride, and Seagate Technology making them three stand-out stocks to buy at the moment. Furthermore, these companies should be viable investments for 2024 and beyond.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Netflix, Inc. (NFLX) - free report >>
Seagate Technology Holdings PLC (STX) - free report >>
PACCAR Inc. (PCAR) - free report >>
|
https://www.zacks.com/commentary/2216625/3-intriguing-stocks-to-buy-after-earnings
| 2024-01-26T23:10:45Z
|
blocked_url
|
Although next week will not be the most numerous in earnings reports, it will be the most important. Five of the ‘Magnificent Seven’ stocks will be reporting and the two largest American energy companies – sharing with investors some of the most valuable economic data in the world.
Thus far, the earnings season has been generally upbeat with the majority of stocks reporting thus far beating both earnings and revenue estimates.
Technology
From the Zacks Earnings Trend Report from research head Sheraz Mian, he notes that:
“For the Technology sector, total Q4 earnings are expected to be up +18.7% from the same period last year on +6.8% higher revenues. Had it not been for the strong Tech sector contribution, Q4 earnings for the remainder of the index would be down -5.9% (instead of up +0.6% as a whole).
The ‘Big 7 Tech Players’ - Amazon (AMZN - Free Report) , Alphabet (GOOGL - Free Report) , Apple (AAPL - Free Report) , Microsoft (MSFT - Free Report) , Nvidia (NVDA) and Tesla (TSLA) - will start reporting Q4 results in the next few days. Total Q4 earnings for the group are expected to be up +38.3% from the same period last year on +12.5% higher revenues, which would follow the group’s +54.2% higher earnings on +12.9% higher revenues in 2023 Q3.”
Which is quite incredible when you think about it. We have many analysts and commentators commenting on how large a portion of the S&P 500 the mega-cap tech stocks have become, but the sales and earnings growth they put up is simply undeniable.
On Tuesday, after the market closes, we will get earnings from Microsoft (MSFT - Free Report) and Alphabet (GOOGL - Free Report) , and then on Thursday Apple (AAPL - Free Report) , Amazon (AMZN - Free Report) , and Meta Platforms (META - Free Report) .
I also want to note the valuations on the five tech stocks reporting next week. Although there is much talk of “its only the mag 7 dragging the market higher,” none of them have absurd valuations, and a couple are quite appealing.
We can see that Amazon and Microsoft have the loftiest forward earnings multiples, while Meta Platforms and Alphabet have the lowest and Apple is right in the middle. Both Meta Platforms and Alphabet are trading below their five-year median valuations of 23.3x and 24.2x respectively and are forecasting EPS to grow 21% and 17% annually over the next 3-5 years.
Both Microsoft and Apple are trading above their five-year median valuations of 31x and 26x respectively. These are obviously historical premiums, but not excessively high. Microsoft is anticipating annual EPS growth of 15.5% over the next 3-5 years and Apple 12.7%.
And finally, Amazon, with the most premium valuation is actually the farthest below its five-year median of 72.5x. Admittedly, Amazon’s valuation has always been a bit of a conundrum, because the e-commerce business runs with such low margins, but these days it is balanced by Amazon Web services, which is the largest cloud-service provider. AMZN is projecting annual EPS growth of 28.5% over the next 3-5 years.
Image Source: Zacks Investment Research
I think that this data can yield a fairly simple conclusion; based on valuations Meta Platforms and Alphabet are quite appealing, while Microsoft and Apple may have to work off their premium multiples before they are as attractive. Amazon looks appealing as well based on its very high earnings growth expectations.
It is also worth noting that Microsoft, Amazon, and Meta Platforms have a Zacks Rank #2 (Buy), while Apple and Alphabet have a Zacks Rank #3 (Hold) rating.
Energy
Regarding earnings expectations, energy stocks are on the completely other side of the spectrum from Technology. From the Earnings Trend Report:
“Sectors expected to experience the biggest earnings declines in Q4 include Autos, Basic Materials, Medical, Energy, and Transportation.”
Energy stocks have struggled over the last year primarily due to the easing of Oil prices. Following the start of Ukraine-Russia war, and easing of inflation, the price of crude oil has steadily fallen from the $130 highs to $78 today, with intermittent spikes up to $95.
This reflects the cyclical nature of investing in oil stocks and doesn’t come as to big a surprise. But even with expectations of falling YoY earnings, I think this sector is still rather appealing, and worth considering as investments.
On Friday, US oil majors Exxon Mobil (XOM - Free Report) and Chevron (CVX - Free Report) report earnings before the market opens.
Like the technology stocks, when looking at energy from a historical valuation perspective it is hard to deny the attractiveness. Both Exxon Mobil and Chevron are trading at very reasonable valuations of ~10x forward earnings, easing considerably from the three-year highs near 30x. But they are also below the 10-year medians, which both stand at ~17.7x.
Chevron and Exxon Mobil also both pay hefty dividends of 4% and 3.7% respectively and have structural tailwinds. The structural tailwinds are namely a broad underinvestment in oil and gas infrastructure, which is likely to keep oil supply low for the coming years.
Both Exxon Mobil and Chevron have a Zacks Rank #3 (Hold) rating.
Image Source: Zacks Investment Research
Final Thoughts
The energy and technology sectors offer two very different outlooks regarding earnings, yet both may be appealing based on valuations. Because they are such critical and leading industries in the country, discerning investors would be wise to hold some mix of the stocks shared.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Amazon.com, Inc. (AMZN) - free report >>
Apple Inc. (AAPL) - free report >>
Microsoft Corporation (MSFT) - free report >>
Chevron Corporation (CVX) - free report >>
Exxon Mobil Corporation (XOM) - free report >>
|
https://www.zacks.com/commentary/2216627/earnings-countdown-mega-cap-stocks-take-the-stage-next-week
| 2024-01-26T23:10:51Z
|
blocked_url
|
Tech stocks have maintained their market leadership in the New Year, building on last year’s standout performance. Driving this momentum has been a combination of favorable developments on the macro front, primarily growing confidence that the Fed is on track to start easing policy, having subdued inflation without endangering the economy.
More specific to the Tech sector is optimism about the impact of artificial intelligence (AI) that some view warily as reminiscent of the late 1990s and an emerging sense we are getting close to putting the worst of Tech spending headwinds behind us.
With many Tech companies on deck to report December-quarter results this week, the market will be looking for more color on business spending trends, particularly on the cloud side.
A big part of Tech’s improved earnings outlook in 2023 was a function of more effective cost controls that helped stabilize margins. Improved clarity on top-line trends will help solidify the favorable revisions trend and undergird the group’s impressive stock market momentum.
On top of it all is the AI debate, where we have already seen direct revenue impact from the likes of Nvidia (NVDA - Free Report) and some ideas from Microsoft (MSFT - Free Report) . Still, the innovation’s productivity-enhancing potential appears to be some ways off in the future.
The stock market is essentially a discounting system of the future. To the extent that we see viable business models in the days ahead that make use of AI and the so-called large language models, beyond Nvidia selling more capable chips and Microsoft starting to charge for new AI-driven bells and whistles in its Office productivity suite, the stock market excitement would be totally justified.
These topics will be front and center in this week’s earnings reports from five of the ‘Big 7 Tech players’ - Alphabet (GOOGL - Free Report) and Microsoft (MSFT - Free Report) after the market’s close on Tuesday (1/30), Meta Platforms (META - Free Report) , Amazon (AMZN - Free Report) and Apple after the close on Thursday (02/01). Of the remaining two members of this ‘club,’ Tesla has reported already, and Nvidia’s results will be coming out at the end of February.
The chart below shows the one-year stock market performance of the Zacks Technology sector (up +46.1%), Microsoft (up +62.6%), Amazon (up +55.6%), Alphabet (up +52.6%), Meta (up +161.3%) and Apple (up +32.1%). The S&P 500 index gained +20.7% during this period.
Image Source: Zacks Investment Research
Apple shares may not have had as impressive a showing as the other distinguished members of this club, but it has nevertheless been a standout performer. The bigger question in the Apple story appears to be the China outlook, though headlines about the watch line may have also weighed on sentiment.
Digital advertising has historically been seen as core to Alphabet and Meta, but Amazon has steadily become a major player in the space as well. Ad spending has stabilized in the last couple of quarters, and it will be interesting to see how these management teams see trends for the current and coming periods, given the macroeconomic uncertainties. This will also be at play in the Snap report, which reports Q4 results the following week (February 6th).
All of these companies are big players in the artificial intelligence (AI) space, with the Microsoft vs. Alphabet rivalry particularly intense. With the initial excitement around ChatGPT and other AI applications now behind us, the questions now center around how these AI capabilities will be monetized through new and existing business models. It is reasonable to expect each of these management teams to spend considerable time on their Q4 earnings calls on their AI plan.
Take a look at the chart below that shows current consensus expectations for the ‘Big 7 Tech Players’ as a whole for the current and coming periods in the context of what they were able to achieve in the preceding period.
Image Source: Zacks Investment Research
As you can see, the group is expected to bring in +38.6% more earnings relative to the same period last year on +12.4% higher revenues. Please note that these expectations have steadily increased in recent months.
The chart below that shows the group’s earnings and revenue growth on an annual basis.
Image Source: Zacks Investment Research
As we all know by now, the group’s phenomenal boost in 2021 partly reflected pulled-forward demand from future periods that got primarily adjusted in 2022. As you can see above, the expectation is for the group to be firmly back in the ‘regular/normal’ growth model, but much of that is contingent on how the macroeconomic picture unfolds.
Beyond these mega-cap players, total Q4 earnings for the Technology sector as a whole are expected to be up +19.3% from the same period last year on +7.1% higher revenues.
The chart below shows the sector’s Q4 earnings and revenue growth expectations in the context of where growth has been in recent quarters and what is expected in the coming four periods.
Image Source: Zacks Investment Research
As was the case with the ‘Big 7 Tech Players’, the Tech sector as a whole has been dealing with the pulled-forward revenues and earnings during Covid over the last many quarters. In fact, earnings growth for the Zacks Tech sector turned positive only in 2023 Q2 after remaining in negative territory during the four quarters prior to that.
This big-picture view of the ‘Big 7 players’ and the overall sector shows that the worst of the growth challenge has moved into the rearview mirror.
You can see this clearly in the chart below.
Image Source: Zacks Investment Research
You can see in the chart below that the sector is on track in 2023 to exceed the profitability level of 2021, with significant gains expected this year and next.
Image Source: Zacks Investment Research
The Earnings Big Picture
The chart below shows the earnings and revenue growth rates actually achieved in the preceding four quarters and current earnings and revenue growth expectations for the S&P 500 index for 2023 Q4 and the following three quarters.
Image Source: Zacks Investment Research
As you can see here, 2023 Q4 earnings are expected to be up +1.1% on +2.4% higher revenues. This follows the +3.8% earnings growth reading we saw in the preceding period (2023 Q3) and three back-to-back quarters of declining earnings prior to that.
The chart below shows the earnings picture on an annual basis.
Image Source: Zacks Investment Research
Q4 Earnings Season Scorecard
Including all the results that came out through Friday, January 26th, we now have Q4 results from 124 S&P 500 members, or 24.8% of the index’s total membership.
We have over 300 companies on deck to report results this week, including 106 S&P 500 members. In addition to the aforementioned mega-tech players, this week’s line-up includes a who’s who of the index, including Boeing, Pfizer, International Paper, Starbucks, Exxon, Chevron, and many others.
Total Q4 earnings for the 124 index members that have reported already are down -0.4% from the same period last year on +3.4% higher revenues, with 79% beating EPS estimates and 69.4% beating revenue estimates.
The comparison charts below put the Q4 earnings and revenue growth rates in a historical context.
Image Source: Zacks Investment Research
The comparison charts below put the Q4 EPS and revenue beats percentages in a historical context.
Image Source: Zacks Investment Research
For a detailed look at the overall earnings picture, including expectations for the coming periods, please check out our weekly Earnings Trends report >>>> Breaking Down the Q4 Earnings Season Scorecard
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Amazon.com, Inc. (AMZN) - free report >>
Microsoft Corporation (MSFT) - free report >>
NVIDIA Corporation (NVDA) - free report >>
|
https://www.zacks.com/commentary/2216675/big-tech-earnings-loom-what-can-investors-expect?
| 2024-01-26T23:10:57Z
|
blocked_url
|
Lucid Group (LCID - Free Report) closed the latest trading day at $2.65, indicating a -0.38% change from the previous session's end. The stock trailed the S&P 500, which registered a daily loss of 0.07%. Meanwhile, the Dow experienced a rise of 0.16%, and the technology-dominated Nasdaq saw a decrease of 0.36%.
Prior to today's trading, shares of the an electric vehicle automaker had lost 37.56% over the past month. This has lagged the Auto-Tires-Trucks sector's loss of 12.12% and the S&P 500's gain of 3.05% in that time.
Analysts and investors alike will be keeping a close eye on the performance of Lucid Group in its upcoming earnings disclosure. The company's earnings report is set to go public on February 21, 2024. It is anticipated that the company will report an EPS of -$0.28, marking a 30% rise compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $166.76 million, down 35.29% from the year-ago period.
Investors should also note any recent changes to analyst estimates for Lucid Group. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, there's been a 1.9% rise in the Zacks Consensus EPS estimate. At present, Lucid Group boasts a Zacks Rank of #3 (Hold).
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. Currently, this industry holds a Zacks Industry Rank of 111, positioning it in the top 45% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
|
https://www.zacks.com/stock/news/2216634/lucid-group-lcid-dips-more-than-broader-market-what-you-should-know
| 2024-01-26T23:11:05Z
|
blocked_url
|
Roku (ROKU - Free Report) ended the recent trading session at $89, demonstrating a +0.19% swing from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily loss of 0.07%. Elsewhere, the Dow gained 0.16%, while the tech-heavy Nasdaq lost 0.36%.
The the stock of video streaming company has fallen by 5.6% in the past month, lagging the Consumer Discretionary sector's gain of 1.63% and the S&P 500's gain of 3.05%.
The investment community will be paying close attention to the earnings performance of Roku in its upcoming release. The company's earnings per share (EPS) are projected to be -$0.65, reflecting a 61.76% increase from the same quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $959.66 million, up 10.68% from the year-ago period.
Investors might also notice recent changes to analyst estimates for Roku. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.43% higher. Roku is currently sporting a Zacks Rank of #2 (Buy).
The Broadcast Radio and Television industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 204, which puts it in the bottom 20% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
|
https://www.zacks.com/stock/news/2216635/roku-roku-advances-while-market-declines-some-information-for-investors
| 2024-01-26T23:11:11Z
|
blocked_url
|
In the latest market close, HCA Healthcare (HCA - Free Report) reached $283.43, with a -0.91% movement compared to the previous day. The stock trailed the S&P 500, which registered a daily loss of 0.07%. At the same time, the Dow added 0.16%, and the tech-heavy Nasdaq lost 0.36%.
Heading into today, shares of the hospital operator had gained 5.75% over the past month, outpacing the Medical sector's gain of 1.45% and the S&P 500's gain of 3.05% in that time.
The investment community will be paying close attention to the earnings performance of HCA Healthcare in its upcoming release. The company is slated to reveal its earnings on January 30, 2024. The company's earnings per share (EPS) are projected to be $5.05, reflecting an 8.84% increase from the same quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $16.55 billion, indicating a 6.83% increase compared to the same quarter of the previous year.
Investors should also note any recent changes to analyst estimates for HCA Healthcare. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.13% increase. As of now, HCA Healthcare holds a Zacks Rank of #2 (Buy).
In terms of valuation, HCA Healthcare is presently being traded at a Forward P/E ratio of 14.64. For comparison, its industry has an average Forward P/E of 14.64, which means HCA Healthcare is trading at no noticeable deviation to the group.
It is also worth noting that HCA currently has a PEG ratio of 1.53. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The average PEG ratio for the Medical - Hospital industry stood at 1.73 at the close of the market yesterday.
The Medical - Hospital industry is part of the Medical sector. With its current Zacks Industry Rank of 32, this industry ranks in the top 13% of all industries, numbering over 250.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
|
https://www.zacks.com/stock/news/2216636/hca-healthcare-hca-declines-more-than-market-some-information-for-investors
| 2024-01-26T23:11:17Z
|
blocked_url
|
Global Ship Lease (GSL - Free Report) closed at $21.55 in the latest trading session, marking a +0.23% move from the prior day. The stock's change was more than the S&P 500's daily loss of 0.07%. Meanwhile, the Dow gained 0.16%, and the Nasdaq, a tech-heavy index, lost 0.36%.
The the stock of containership owner has risen by 7.72% in the past month, leading the Transportation sector's loss of 2.2% and the S&P 500's gain of 3.05%.
Investors will be eagerly watching for the performance of Global Ship Lease in its upcoming earnings disclosure. On that day, Global Ship Lease is projected to report earnings of $2.34 per share, which would represent year-over-year growth of 9.35%. Meanwhile, our latest consensus estimate is calling for revenue of $171.54 million, up 3.95% from the prior-year quarter.
Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for Global Ship Lease. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. As of now, Global Ship Lease holds a Zacks Rank of #3 (Hold).
Looking at its valuation, Global Ship Lease is holding a Forward P/E ratio of 2.35. This signifies a discount in comparison to the average Forward P/E of 7.57 for its industry.
The Transportation - Shipping industry is part of the Transportation sector. With its current Zacks Industry Rank of 167, this industry ranks in the bottom 34% of all industries, numbering over 250.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
|
https://www.zacks.com/stock/news/2216637/global-ship-lease-gsl-advances-while-market-declines-some-information-for-investors
| 2024-01-26T23:11:24Z
|
blocked_url
|
The latest trading session saw Unity Software Inc. (U - Free Report) ending at $33.11, denoting a +0.7% adjustment from its last day's close. This move outpaced the S&P 500's daily loss of 0.07%. Elsewhere, the Dow saw an upswing of 0.16%, while the tech-heavy Nasdaq depreciated by 0.36%.
The company's shares have seen a decrease of 22.96% over the last month, not keeping up with the Computer and Technology sector's gain of 5.93% and the S&P 500's gain of 3.05%.
Market participants will be closely following the financial results of Unity Software Inc. in its upcoming release. The company plans to announce its earnings on February 26, 2024. Meanwhile, our latest consensus estimate is calling for revenue of $540.05 million, up 19.75% from the prior-year quarter.
Investors should also pay attention to any latest changes in analyst estimates for Unity Software Inc. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Unity Software Inc. is currently sporting a Zacks Rank of #3 (Hold).
From a valuation perspective, Unity Software Inc. is currently exchanging hands at a Forward P/E ratio of 36.2. This represents a premium compared to its industry's average Forward P/E of 34.06.
The Internet - Software industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 53, finds itself in the top 22% echelons of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow U in the coming trading sessions, be sure to utilize Zacks.com.
|
https://www.zacks.com/stock/news/2216638/unity-software-inc-u-rises-as-market-takes-a-dip-key-facts
| 2024-01-26T23:11:30Z
|
blocked_url
|
Merck (MRK - Free Report) closed the latest trading day at $120.82, indicating a +0.57% change from the previous session's end. This change outpaced the S&P 500's 0.07% loss on the day. Meanwhile, the Dow experienced a rise of 0.16%, and the technology-dominated Nasdaq saw a decrease of 0.36%.
Coming into today, shares of the pharmaceutical company had gained 10.44% in the past month. In that same time, the Medical sector gained 1.45%, while the S&P 500 gained 3.05%.
Analysts and investors alike will be keeping a close eye on the performance of Merck in its upcoming earnings disclosure. The company's earnings report is set to go public on February 1, 2024. In that report, analysts expect Merck to post earnings of -$0.09 per share. This would mark a year-over-year decline of 105.56%. In the meantime, our current consensus estimate forecasts the revenue to be $14.67 billion, indicating a 6.07% growth compared to the corresponding quarter of the prior year.
Investors might also notice recent changes to analyst estimates for Merck. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.15% downward. Merck is currently a Zacks Rank #3 (Hold).
Investors should also note Merck's current valuation metrics, including its Forward P/E ratio of 14.15. This indicates a discount in contrast to its industry's Forward P/E of 14.71.
Meanwhile, MRK's PEG ratio is currently 1.64. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. Large Cap Pharmaceuticals stocks are, on average, holding a PEG ratio of 1.77 based on yesterday's closing prices.
The Large Cap Pharmaceuticals industry is part of the Medical sector. This industry, currently bearing a Zacks Industry Rank of 156, finds itself in the bottom 39% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
|
https://www.zacks.com/stock/news/2216639/merck-mrk-gains-as-market-dips-what-you-should-know
| 2024-01-26T23:11:36Z
|
blocked_url
|
The latest trading session saw Copa Holdings (CPA - Free Report) ending at $99.98, denoting a -0.07% adjustment from its last day's close. This change traded in line with S&P 500. Meanwhile, the Dow gained 0.16%, and the Nasdaq, a tech-heavy index, lost 0.36%.
Shares of the holding company for Panama's national airline have depreciated by 6.64% over the course of the past month, underperforming the Transportation sector's loss of 2.2% and the S&P 500's gain of 3.05%.
Market participants will be closely following the financial results of Copa Holdings in its upcoming release. The company plans to announce its earnings on February 7, 2024. The company's upcoming EPS is projected at $3.88, signifying a 13.59% drop compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $893.57 million, indicating a 0.33% upward movement from the same quarter last year.
Any recent changes to analyst estimates for Copa Holdings should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 4.22% increase. Copa Holdings is currently sporting a Zacks Rank of #1 (Strong Buy).
Valuation is also important, so investors should note that Copa Holdings has a Forward P/E ratio of 6.32 right now. For comparison, its industry has an average Forward P/E of 8.29, which means Copa Holdings is trading at a discount to the group.
We can also see that CPA currently has a PEG ratio of 0.35. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. Transportation - Airline stocks are, on average, holding a PEG ratio of 0.59 based on yesterday's closing prices.
The Transportation - Airline industry is part of the Transportation sector. This group has a Zacks Industry Rank of 31, putting it in the top 13% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
|
https://www.zacks.com/stock/news/2216640/copa-holdings-cpa-stock-moves--007-what-you-should-know
| 2024-01-26T23:11:57Z
|
blocked_url
|
Altria (MO - Free Report) ended the recent trading session at $40.20, demonstrating a -0.02% swing from the preceding day's closing price. This change was narrower than the S&P 500's daily loss of 0.07%. Meanwhile, the Dow gained 0.16%, and the Nasdaq, a tech-heavy index, lost 0.36%.
The owner of Philip Morris USA, the nation's largest cigarette maker's shares have seen an increase of 0.07% over the last month, not keeping up with the Consumer Staples sector's gain of 4.4% and the S&P 500's gain of 3.05%.
The investment community will be paying close attention to the earnings performance of Altria in its upcoming release. The company is slated to reveal its earnings on February 1, 2024. On that day, Altria is projected to report earnings of $1.17 per share, which would represent a year-over-year decline of 0.85%. In the meantime, our current consensus estimate forecasts the revenue to be $5.09 billion, indicating a 0.04% growth compared to the corresponding quarter of the prior year.
Any recent changes to analyst estimates for Altria should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.11% lower within the past month. Altria presently features a Zacks Rank of #4 (Sell).
In terms of valuation, Altria is presently being traded at a Forward P/E ratio of 7.86. For comparison, its industry has an average Forward P/E of 9.03, which means Altria is trading at a discount to the group.
We can additionally observe that MO currently boasts a PEG ratio of 2.6. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Tobacco industry had an average PEG ratio of 1.8 as trading concluded yesterday.
The Tobacco industry is part of the Consumer Staples sector. This industry currently has a Zacks Industry Rank of 111, which puts it in the top 45% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
|
https://www.zacks.com/stock/news/2216641/altria-mo-stock-moves--002-what-you-should-know
| 2024-01-26T23:12:05Z
|
blocked_url
|
NEW YORK - Wall Street stocks finished mixed on Jan 26, ending the S&P 500‘s streak of records following moderate inflation data and uneven corporate earnings.
The personal consumption expenditures price index rose at an annual rate of 2.6 per cent last month, unchanged from November, data that is expected to keep Federal Reserve interest rates level.
Meanwhile, corporate earnings produced outsized moves in both directions, with Intel sinking nearly 12 per cent but American Express winning 7.1 per cent.
The Dow Jones Industrial Average climbed 0.2 percent to 38,109.43, eking out a fresh record.
But the S&P 500 slipped 0.1 per cent to 4,890.97, snapping a four-day streak of records.
The tech-rich Nasdaq Composite Index dropped 0.4 per cent to 15,455.36.
Among individual companies, JetBlue Airways jumped 3.6 per cent after disclosing that it informed Spirit Airlines that its proposed takeover could be terminated on Jan 28 following an unfavourable US court ruling.
Spirit sank 13.5 per cent.
JPMorgan Chase dropped 0.4 per cent after announcing a spate of new senior executive appointments. The move has been seen as preparing possible successors to longstanding CEO Jamie Dimon.
Analysts are looking ahead to a busy period next week that includes a Fed meeting and earnings from Amazon, Microsoft and other large technology companies. AFP
|
https://www.straitstimes.com/business/companies-markets/us-stocks-mixed-ending-sp-500-streak-of-records
| 2024-01-26T23:12:06Z
|
blocked_url
|
The latest trading session saw Tecnoglass (TGLS - Free Report) ending at $45.68, denoting a -1.3% adjustment from its last day's close. The stock's change was less than the S&P 500's daily loss of 0.07%. Meanwhile, the Dow gained 0.16%, and the Nasdaq, a tech-heavy index, lost 0.36%.
The the stock of architectural glass maker has fallen by 0.04% in the past month, lagging the Retail-Wholesale sector's gain of 1.02% and the S&P 500's gain of 3.05%.
The investment community will be paying close attention to the earnings performance of Tecnoglass in its upcoming release. On that day, Tecnoglass is projected to report earnings of $0.77 per share, which would represent a year-over-year decline of 29.36%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $201.01 million, down 4.79% from the year-ago period.
Investors should also note any recent changes to analyst estimates for Tecnoglass. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Tecnoglass presently features a Zacks Rank of #4 (Sell).
From a valuation perspective, Tecnoglass is currently exchanging hands at a Forward P/E ratio of 10.74. This valuation marks a discount compared to its industry's average Forward P/E of 13.28.
The Building Products - Retail industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 167, putting it in the bottom 34% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
|
https://www.zacks.com/stock/news/2216642/tecnoglass-tgls-dips-more-than-broader-market-what-you-should-know
| 2024-01-26T23:12:11Z
|
blocked_url
|
LONDON - FA Cup holders Manchester City left it late to book their place in the fifth round with Nathan Ake's scrappy 88th-minute effort clinching a 1-0 victory at Tottenham Hotspur on Friday.
City had never won at Tottenham's new stadium, nor even scored a goal in their six previous visits, but Ake flicked in from close-range after a mistake by keeper Guglielmo Vicario.
Tottenham could have few real complaints as they were second-best for long periods against Pep Guardiola's side and barely forced Stefan Ortega into a save.
Three days after reaching the League Cup final, eight-time FA Cup winners Chelsea were held to a 0-0 draw at home by Aston Villa while it also ended 0-0 at Ashton Gate between second-tier Bristol City and Premier League Nottingham Forest.
There were goals at Sheffield Wednesday although no winner as they drew 1-1 with Coventry City. REUTERS
|
https://www.straitstimes.com/sport/football/akes-late-goal-sends-man-city-into-fa-cup-fifth-round-chelsea-held
| 2024-01-26T23:12:17Z
|
blocked_url
|
Boeing (BA - Free Report) closed the most recent trading day at $205.47, moving +1.78% from the previous trading session. This change outpaced the S&P 500's 0.07% loss on the day. Elsewhere, the Dow saw an upswing of 0.16%, while the tech-heavy Nasdaq depreciated by 0.36%.
Coming into today, shares of the airplane builder had lost 22.46% in the past month. In that same time, the Aerospace sector lost 3.77%, while the S&P 500 gained 3.05%.
Analysts and investors alike will be keeping a close eye on the performance of Boeing in its upcoming earnings disclosure. The company's earnings report is set to go public on January 31, 2024. The company's upcoming EPS is projected at -$0.72, signifying a 58.86% increase compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $21.23 billion, reflecting a 6.24% rise from the equivalent quarter last year.
Investors might also notice recent changes to analyst estimates for Boeing. These revisions typically reflect the latest short-term business trends, which can change frequently. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 8.18% lower. Boeing is holding a Zacks Rank of #3 (Hold) right now.
Looking at valuation, Boeing is presently trading at a Forward P/E ratio of 57.69. For comparison, its industry has an average Forward P/E of 16.87, which means Boeing is trading at a premium to the group.
It's also important to note that BA currently trades at a PEG ratio of 14.42. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Aerospace - Defense industry currently had an average PEG ratio of 1.9 as of yesterday's close.
The Aerospace - Defense industry is part of the Aerospace sector. This group has a Zacks Industry Rank of 102, putting it in the top 41% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
|
https://www.zacks.com/stock/news/2216643/boeing-ba-advances-while-market-declines-some-information-for-investors
| 2024-01-26T23:12:17Z
|
blocked_url
|
The most recent trading session ended with Target (TGT - Free Report) standing at $142.53, reflecting a +0.25% shift from the previouse trading day's closing. The stock outpaced the S&P 500's daily loss of 0.07%. At the same time, the Dow added 0.16%, and the tech-heavy Nasdaq lost 0.36%.
Coming into today, shares of the retailer had lost 0.25% in the past month. In that same time, the Retail-Wholesale sector gained 1.02%, while the S&P 500 gained 3.05%.
The investment community will be paying close attention to the earnings performance of Target in its upcoming release. In that report, analysts expect Target to post earnings of $2.38 per share. This would mark year-over-year growth of 25.93%. In the meantime, our current consensus estimate forecasts the revenue to be $31.86 billion, indicating a 1.47% growth compared to the corresponding quarter of the prior year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $8.34 per share and a revenue of $107.35 billion, representing changes of +38.54% and -1.62%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Target. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Target is currently a Zacks Rank #2 (Buy).
From a valuation perspective, Target is currently exchanging hands at a Forward P/E ratio of 17.05. This indicates a discount in contrast to its industry's Forward P/E of 23.78.
Also, we should mention that TGT has a PEG ratio of 1.2. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. By the end of yesterday's trading, the Retail - Discount Stores industry had an average PEG ratio of 2.26.
The Retail - Discount Stores industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 86, positioning it in the top 35% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
|
https://www.zacks.com/stock/news/2216644/target-tgt-increases-despite-market-slip-heres-what-you-need-to-know
| 2024-01-26T23:12:24Z
|
blocked_url
|
Napoli president Aurelio De Laurentiis confirmed that Victor Osimhen will leave the club at the end of the season, while also ruling out that Jose Mourinho will come on board to coach the Serie A club.
Nigerian international Osimhen, who is in Ivory Coast for the Africa Cup of Nations, told CBS Sports on Tuesday that he had "already made a decision about the next step in his career".
"We knew about Osimhen since this summer. We knew perfectly well that he would go to Real Madrid, Paris St Germain or an English team," De Laurentiis told reporters at the end of the Serie A club assembly in Milan on Friday.
Osimhen, who moved to Napoli in 2020 for a club-record 70 million euros ($76 million) potentially rising to 80 million euros with add-ons, was a pivotal player last season as the club won their first league title in 33 years and finished as Serie A top scorer with 26 goals.
He signed a contract extension last month that runs until June 2026, with Italian media reporting that the new deal included a release clause of between 120 and 130 million euros.
Laurentiis also denied that Mourinho would replace Walter Mazzarri. The Portuguese coach's sacking by AS Roma earlier this month sparked numerous rumours about his future and has been linked with jobs in Saudi Arabia and Napoli.
"Mourinho has nothing to do with Napoli. He is a very funny and impulsive coach, but I feel his destiny lies outside Italy. Surely not at Napoli," he added. REUTERS
|
https://www.straitstimes.com/sport/football/napoli-president-confirms-osimhen-set-to-leave-mourinho-not-on-their-radar
| 2024-01-26T23:12:27Z
|
blocked_url
|
The most recent trading session ended with Lantheus Holdings (LNTH - Free Report) standing at $52.88, reflecting a +0.69% shift from the previouse trading day's closing. The stock outpaced the S&P 500's daily loss of 0.07%. At the same time, the Dow added 0.16%, and the tech-heavy Nasdaq lost 0.36%.
Coming into today, shares of the diagnostic imaging company had lost 15.68% in the past month. In that same time, the Medical sector gained 1.45%, while the S&P 500 gained 3.05%.
The investment community will be paying close attention to the earnings performance of Lantheus Holdings in its upcoming release. In that report, analysts expect Lantheus Holdings to post earnings of $1.44 per share. This would mark year-over-year growth of 5.11%. In the meantime, our current consensus estimate forecasts the revenue to be $341.55 million, indicating a 29.78% growth compared to the corresponding quarter of the prior year.
Investors should also take note of any recent adjustments to analyst estimates for Lantheus Holdings. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 1.95% lower. Currently, Lantheus Holdings is carrying a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Lantheus Holdings has a Forward P/E ratio of 8.41 right now. This denotes a discount relative to the industry's average Forward P/E of 20.8.
The Medical - Products industry is part of the Medical sector. This industry currently has a Zacks Industry Rank of 154, which puts it in the bottom 39% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
|
https://www.zacks.com/stock/news/2216645/lantheus-holdings-lnth-increases-despite-market-slip-heres-what-you-need-to-know
| 2024-01-26T23:12:30Z
|
blocked_url
|
Deere (DE - Free Report) closed the most recent trading day at $393.62, moving +0.16% from the previous trading session. The stock outperformed the S&P 500, which registered a daily loss of 0.07%. At the same time, the Dow added 0.16%, and the tech-heavy Nasdaq lost 0.36%.
Shares of the agricultural equipment manufacturer witnessed a loss of 1.57% over the previous month, trailing the performance of the Industrial Products sector with its loss of 0.09% and the S&P 500's gain of 3.05%.
Investors will be eagerly watching for the performance of Deere in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on February 15, 2024. In that report, analysts expect Deere to post earnings of $5.16 per share. This would mark a year-over-year decline of 21.22%. At the same time, our most recent consensus estimate is projecting a revenue of $10.31 billion, reflecting a 9.53% fall from the equivalent quarter last year.
DE's full-year Zacks Consensus Estimates are calling for earnings of $28.46 per share and revenue of $48.96 billion. These results would represent year-over-year changes of -17.82% and -11.89%, respectively.
Investors should also pay attention to any latest changes in analyst estimates for Deere. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.16% lower. At present, Deere boasts a Zacks Rank of #3 (Hold).
In terms of valuation, Deere is currently trading at a Forward P/E ratio of 13.81. For comparison, its industry has an average Forward P/E of 13.57, which means Deere is trading at a premium to the group.
Investors should also note that DE has a PEG ratio of 1.14 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As the market closed yesterday, the Manufacturing - Farm Equipment industry was having an average PEG ratio of 1.51.
The Manufacturing - Farm Equipment industry is part of the Industrial Products sector. This group has a Zacks Industry Rank of 173, putting it in the bottom 32% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
|
https://www.zacks.com/stock/news/2216646/deere-de-ascends-while-market-falls-some-facts-to-note
| 2024-01-26T23:12:36Z
|
blocked_url
|
OTTAWA - Cardinal Gerald Lacroix, one of the top Roman Catholic clergymen in Canada, on Friday stepped down temporarily after he was named in a class-action lawsuit against the church that alleged sexual assault.
Local media said Lacroix's name had been added to a list of alleged perpetrators filed in a Quebec court on Thursday.
In a statement, the Quebec diocese said Lacroix, 66, had announced to co-workers he was temporarily withdrawing from his activities until the situation could be clarified.
"He categorically denies the allegations against him," it said. The lawsuit, authorized by the court in 2022, represents more than 100 people who were alleged to have been sexually assaulted by 88 priests and staff working at the Quebec diocese starting in 1940.
It also names Marc Ouellet, a former Vatican cardinal from Canada who stepped down from his position last year. Last December, Ouellet, 79, said he was suing a woman who accused him of sexual assault more than a decade ago when he was the archbishop of Quebec.
The suit includes the names of priests who served in the diocese and at educational institutions, including the Quebec seminary. Most of those named are dead. REUTERS
|
https://www.straitstimes.com/world/europe/canadian-cardinal-temporarily-steps-down-after-lawsuit-alleging-abuse
| 2024-01-26T23:12:37Z
|
blocked_url
|
The latest trading session saw CVS Health (CVS - Free Report) ending at $73, denoting a +1.4% adjustment from its last day's close. The stock's performance was ahead of the S&P 500's daily loss of 0.07%. On the other hand, the Dow registered a gain of 0.16%, and the technology-centric Nasdaq decreased by 0.36%.
Shares of the drugstore chain and pharmacy benefits manager have depreciated by 8.84% over the course of the past month, underperforming the Retail-Wholesale sector's gain of 1.02% and the S&P 500's gain of 3.05%.
The upcoming earnings release of CVS Health will be of great interest to investors. The company's earnings report is expected on February 7, 2024. The company is expected to report EPS of $1.99, unchanged from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $90.46 billion, up 7.89% from the prior-year quarter.
Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for CVS Health. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.13% higher. As of now, CVS Health holds a Zacks Rank of #3 (Hold).
Digging into valuation, CVS Health currently has a Forward P/E ratio of 8.44. Its industry sports an average Forward P/E of 7.05, so one might conclude that CVS Health is trading at a premium comparatively.
We can also see that CVS currently has a PEG ratio of 2. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Retail - Pharmacies and Drug Stores industry currently had an average PEG ratio of 1.71 as of yesterday's close.
The Retail - Pharmacies and Drug Stores industry is part of the Retail-Wholesale sector. With its current Zacks Industry Rank of 111, this industry ranks in the top 45% of all industries, numbering over 250.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
|
https://www.zacks.com/stock/news/2216647/cvs-health-cvs-advances-while-market-declines-some-information-for-investors
| 2024-01-26T23:12:42Z
|
blocked_url
|
CAIRO/HOUSTON - Yemen's Houthi rebels on Friday stepped up attacks on vessels transiting the Red Sea, including a hit on a fuel tanker operated on behalf of trading firm Trafigura that sparked a fire.
Trafigura said that the fuel tanker Marlin Luanda, which was operating on its behalf, was struck by a missile as it transited the Red Sea.
Firefighting equipment on board is being deployed to suppress and control the fire caused in one cargo tank on the starboard side, the company said in an emailed statement.
"We remain in contact with the vessel and are monitoring the situation carefully," it said, adding that military ships in the region were underway to provide assistance.
The United Kingdom Maritime Trade Operations (UKMTO) agency and British maritime security firm Ambrey earlier in the day said they had received reports of vessels being struck in the Red Sea near Yemen's Aden and a fire breaking out aboard.
The Houthi military spokesperson said on Friday that naval forces carried out an operation targeting the "British" tanker Marlin Luanda in the Gulf of Aden, causing a fire to break out.
UKMTO received a report of an incident approximately 60 nautical miles south east of Aden where "a vessel has been struck and is currently on fire".
"The vessel is requiring assistance. Authorities have been informed and are responding," UKMTO added.
Ambrey also said it was aware of an incident 55 miles (88.5 kilometres) southeast of Aden where a fire broke out after a merchant vessel was hit by a "missile", though the crew were reported safe.
Earlier on Friday, UKMTO reported an incident in which two missiles exploded in waters near a ship off the port of Aden and another one 60 nautical miles off Yemen's Hodeidah port.
The U.S. military shot down an anti-ship ballistic missile from a Houthi-controlled area of Yemen on Friday, it said in a statement, adding there were no injuries or damage from the interception.
It was unclear if one of those vessels was the Marlin Luanda.
Yemen's Iran-aligned Houthi militants, who control the most populous parts of Yemen, have launched wave after wave of exploding drones and missiles at commercial vessels since Nov. 19, in what they say is a response to Israel's military operations in Gaza.
The Houthi campaign has been very disruptive to international shipping, causing some companies to suspend transits through the Red Sea and instead take the much longer, costlier journey around Africa.
U.S. and British warplanes, ships and submarines have launched dozens of air strikes across Yemen against Houthi forces in retaliation. REUTERS
|
https://www.straitstimes.com/world/middle-east/yemens-houthi-rebels-escalate-red-sea-attacks-hit-trafigura-fuel-tanker
| 2024-01-26T23:12:48Z
|
blocked_url
|
M.D.C. Holdings, Inc. (MDC - Free Report) ended the recent trading session at $62.64, demonstrating a +0.03% swing from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily loss of 0.07%. Elsewhere, the Dow gained 0.16%, while the tech-heavy Nasdaq lost 0.36%.
Prior to today's trading, shares of the company had gained 12.14% over the past month. This has outpaced the Construction sector's loss of 1.36% and the S&P 500's gain of 3.05% in that time.
The investment community will be paying close attention to the earnings performance of M.D.C. Holdings, Inc. in its upcoming release. The company is slated to reveal its earnings on January 30, 2024. The company is expected to report EPS of $1.44, up 33.33% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.29 billion, down 14.88% from the year-ago period.
It's also important for investors to be aware of any recent modifications to analyst estimates for M.D.C. Holdings, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. As of now, M.D.C. Holdings, Inc. holds a Zacks Rank of #3 (Hold).
Looking at valuation, M.D.C. Holdings, Inc. is presently trading at a Forward P/E ratio of 11.63. This signifies a premium in comparison to the average Forward P/E of 9.72 for its industry.
The Building Products - Home Builders industry is part of the Construction sector. This group has a Zacks Industry Rank of 25, putting it in the top 10% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
|
https://www.zacks.com/stock/news/2216648/mdc-holdings-inc-mdc-gains-as-market-dips-what-you-should-know
| 2024-01-26T23:12:49Z
|
blocked_url
|
Honda Motor (HMC - Free Report) ended the recent trading session at $32.49, demonstrating a +0.71% swing from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily loss of 0.07%. Elsewhere, the Dow gained 0.16%, while the tech-heavy Nasdaq lost 0.36%.
Prior to today's trading, shares of the automaker had gained 5.25% over the past month. This has outpaced the Auto-Tires-Trucks sector's loss of 12.12% and the S&P 500's gain of 3.05% in that time.
The investment community will be paying close attention to the earnings performance of Honda Motor in its upcoming release. The company is expected to report EPS of $0.85, down 16.67% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $37.68 billion, up 19.76% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $4.16 per share and revenue of $143.49 billion, which would represent changes of +37.29% and +14.79%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for Honda Motor. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 6.23% increase. Honda Motor is holding a Zacks Rank of #1 (Strong Buy) right now.
Investors should also note Honda Motor's current valuation metrics, including its Forward P/E ratio of 7.75. For comparison, its industry has an average Forward P/E of 6.97, which means Honda Motor is trading at a premium to the group.
Meanwhile, HMC's PEG ratio is currently 0.37. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Automotive - Foreign was holding an average PEG ratio of 0.35 at yesterday's closing price.
The Automotive - Foreign industry is part of the Auto-Tires-Trucks sector. With its current Zacks Industry Rank of 57, this industry ranks in the top 23% of all industries, numbering over 250.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
|
https://www.zacks.com/stock/news/2216649/honda-motor-hmc-gains-as-market-dips-what-you-should-know
| 2024-01-26T23:12:55Z
|
blocked_url
|
SEOUL -North Korea and China agreed to strengthen tactical cooperation and defend common interests, the North's official KCNA news agency said on Saturday, reporting on Foreign Minister Choe Son Hui's meeting with Chinese Vice Foreign Minister Sun Weidong.
On Friday, China said the two countries pledged to strengthen strategic communications "at all levels" and reaffirmed "unswerving stance" on deepening ties as Sun met his North Korean counterpart, Pak Myong Ho, in Pyongyang.
Sun arrived in Pyongyang on Thursday, passing through the city of Sinuiju on the border of the two countries. It was the latest exchange by North Korea with China and Russia while it steps up confrontation with the United States and South Korea.
North Korea has dramatically upgraded its ties with the two U.N. Security Council permanent members and traditional allies, which have come around to stand with Pyongyang as it speeds up the development of an array of tactical and strategic weapons.
Beijing and Moscow, which previously voted against Pyongyang at the U.N. for its ballistic missile and nuclear programmes, have since 2017 refused to join in imposing more sanctions, backing the North's position it is exercising its right to self defense. REUTERS
|
https://www.straitstimes.com/world/north-korea-china-agree-to-defend-common-interests-as-senior-envoys-meet
| 2024-01-26T23:12:58Z
|
blocked_url
|
In the latest trading session, ON Semiconductor Corp. (ON - Free Report) closed at $71.71, marking a -1.35% move from the previous day. The stock trailed the S&P 500, which registered a daily loss of 0.07%. Elsewhere, the Dow gained 0.16%, while the tech-heavy Nasdaq lost 0.36%.
Coming into today, shares of the semiconductor components maker had lost 14.46% in the past month. In that same time, the Computer and Technology sector gained 5.93%, while the S&P 500 gained 3.05%.
Investors will be eagerly watching for the performance of ON Semiconductor Corp. in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on February 5, 2024. The company is forecasted to report an EPS of $1.21, showcasing an 8.33% downward movement from the corresponding quarter of the prior year. Meanwhile, our latest consensus estimate is calling for revenue of $2 billion, down 4.83% from the prior-year quarter.
Any recent changes to analyst estimates for ON Semiconductor Corp. should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.18% lower. ON Semiconductor Corp. is holding a Zacks Rank of #3 (Hold) right now.
Digging into valuation, ON Semiconductor Corp. currently has a Forward P/E ratio of 14.91. This represents a discount compared to its industry's average Forward P/E of 29.17.
It is also worth noting that ON currently has a PEG ratio of 3.7. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. Semiconductor - Analog and Mixed stocks are, on average, holding a PEG ratio of 3.7 based on yesterday's closing prices.
The Semiconductor - Analog and Mixed industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 204, this industry ranks in the bottom 20% of all industries, numbering over 250.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
|
https://www.zacks.com/stock/news/2216650/on-semiconductor-corp-on-falls-more-steeply-than-broader-market-what-investors-need-to-know
| 2024-01-26T23:13:01Z
|
blocked_url
|
The most recent trading session ended with Jabil (JBL - Free Report) standing at $123.22, reflecting a -0.77% shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily loss of 0.07%. Elsewhere, the Dow gained 0.16%, while the tech-heavy Nasdaq lost 0.36%.
The electronics manufacturer's shares have seen a decrease of 2.97% over the last month, not keeping up with the Computer and Technology sector's gain of 5.93% and the S&P 500's gain of 3.05%.
The investment community will be paying close attention to the earnings performance of Jabil in its upcoming release. The company is forecasted to report an EPS of $1.94, showcasing a 3.19% upward movement from the corresponding quarter of the prior year. Meanwhile, the latest consensus estimate predicts the revenue to be $6.91 billion, indicating a 15.08% decrease compared to the same quarter of the previous year.
JBL's full-year Zacks Consensus Estimates are calling for earnings of $9.11 per share and revenue of $30.61 billion. These results would represent year-over-year changes of +5.56% and -11.78%, respectively.
Investors should also note any recent changes to analyst estimates for Jabil. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Jabil presently features a Zacks Rank of #3 (Hold).
In terms of valuation, Jabil is currently trading at a Forward P/E ratio of 13.64. This expresses a premium compared to the average Forward P/E of 12.61 of its industry.
Investors should also note that JBL has a PEG ratio of 1.14 right now. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Electronics - Manufacturing Services was holding an average PEG ratio of 0.94 at yesterday's closing price.
The Electronics - Manufacturing Services industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 194, placing it within the bottom 24% of over 250 industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
|
https://www.zacks.com/stock/news/2216651/jabil-jbl-declines-more-than-market-some-information-for-investors
| 2024-01-26T23:13:07Z
|
blocked_url
|
UN agency probes staff suspected of role in attacks on Israel
The United Nations agency for Palestinian refugees (UNRWA) said onJan 26 it had opened an investigation into several employees suspected of involvement in the Oct 7 attacks in Israel by Hamas and that it had severed ties with those staff members.
“The Israeli authorities have provided UNRWA with information about the alleged involvement of several UNRWA employees in the horrific attacks on Israel on Oct 7,” said Mr Philippe Lazzarini, UNRWA commissioner-general.
“To protect the agency’s ability to deliver humanitarian assistance, I have taken the decision to immediately terminate the contracts of these staff members and launch an investigation in order to establish the truth without delay.”
Mr Lazzarini did not disclose the number of employees allegedly involved in the attacks, nor the nature of their alleged involvement.
Outrage over deepfake porn images of Taylor Swift
Fans of Taylor Swift and politicians, including the White House, expressed outrage on Jan 26 at AI-generated fake porn images of the megastar that went viral on X and were still available on other platforms.
One image of the US megastar was seen 47 million times on X, the former Twitter, before it was removed on Jan 25. According to US media, the post was live on the platform for around 17 hours.
“It is alarming,” said White House Press Secretary Karine Jean-Pierre, when asked about the images.
Friends, family of Ukrainian POWs traumatised by crash
The crash of a Russian military plane, said by Moscow to be carrying Ukrainian prisoners of war, has only heightened the trauma of friends and relatives of those missing in action.
The transport plane crashed in a fireball on Jan 24, near the Ukraine border. Russia, which accuses Kyiv of shooting down the Ilyushin 76 plane, maintains that it was carrying 65 Ukrainian prisoners but has provided no proof.
Ukraine has neither denied nor confirmed any involvement, but has raised doubts about the presence of its nationals on board, calling for an independent investigation.
Germany uncovers Russian disinfo campaign on X
Germany has uncovered a major “pro-Russian disinformation campaign” using thousands of fake accounts on X - formerly Twitter - to try and stir anger at Berlin’s support for Ukraine, a media report said on Jan 26.
The revelations come amid growing concern about the impact increasingly sophisticated disinformation campaigns could have on elections.
Experts commissioned by the German foreign ministry used specialised software to monitor posts on the online platform X, formerly known as Twitter, between Dec 20 and Jan 20, news weekly Der Spiegel wrote. They reportedly stumbled across more than 50,000 fake user accounts that together pumped out more than a million German-language tweets.
Klopp rules out ever managing another English club
Liverpool manager Jurgen Klopp plans to take a break from football for a year, once his time in charge at Anfield finishes at the end of the season.
Klopp said he lacked the energy to go on as he made a shock announcement on Jan 26 that he will step down in May.
The 56-year-old German has previously been linked with taking over his country’s national team. But Klopp, who has won the Champions League and Premier League among seven trophies since taking over at Liverpool in 2015, said his immediate plan was for a break and that he would never manage another English club.
|
https://www.straitstimes.com/world/while-you-were-sleeping-5-stories-you-might-have-missed-jan-27-5
| 2024-01-26T23:13:09Z
|
blocked_url
|
The most recent trading session ended with Civitas Resources (CIVI - Free Report) standing at $65.54, reflecting a -1.13% shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily loss of 0.07%. Elsewhere, the Dow gained 0.16%, while the tech-heavy Nasdaq lost 0.36%.
The oil and gas company's shares have seen a decrease of 4.62% over the last month, not keeping up with the Oils-Energy sector's loss of 2.53% and the S&P 500's gain of 3.05%.
The investment community will be paying close attention to the earnings performance of Civitas Resources in its upcoming release. The company is forecasted to report an EPS of $2.96, showcasing a 18.88% upward movement from the corresponding quarter of the prior year. Meanwhile, the latest consensus estimate predicts the revenue to be $1.23 billion, indicating a 51.03% increase compared to the same quarter of the previous year.
Investors should also take note of any recent adjustments to analyst estimates for Civitas Resources. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 19.1% decrease. Currently, Civitas Resources is carrying a Zacks Rank of #5 (Strong Sell).
With respect to valuation, Civitas Resources is currently being traded at a Forward P/E ratio of 5.28. This represents a discount compared to its industry's average Forward P/E of 8.3.
The Oil and Gas - Exploration and Production - United States industry is part of the Oils-Energy sector. At present, this industry carries a Zacks Industry Rank of 245, placing it within the bottom 3% of over 250 industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
|
https://www.zacks.com/stock/news/2216652/civitas-resources-civi-declines-more-than-market-some-information-for-investors
| 2024-01-26T23:13:14Z
|
blocked_url
|
The latest trading session saw Adobe Systems (ADBE - Free Report) ending at $613.93, denoting a -1.39% adjustment from its last day's close. This change lagged the S&P 500's daily loss of 0.07%. At the same time, the Dow added 0.16%, and the tech-heavy Nasdaq lost 0.36%.
Prior to today's trading, shares of the software maker had gained 4.54% over the past month. This has lagged the Computer and Technology sector's gain of 5.93% and outpaced the S&P 500's gain of 3.05% in that time.
The investment community will be paying close attention to the earnings performance of Adobe Systems in its upcoming release. The company is expected to report EPS of $4.38, up 15.26% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $5.08 billion, up 9.24% from the year-ago period.
ADBE's full-year Zacks Consensus Estimates are calling for earnings of $18.03 per share and revenue of $21.42 billion. These results would represent year-over-year changes of +12.2% and +10.36%, respectively.
Investors might also notice recent changes to analyst estimates for Adobe Systems. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.06% higher. Adobe Systems is currently sporting a Zacks Rank of #3 (Hold).
In terms of valuation, Adobe Systems is presently being traded at a Forward P/E ratio of 34.54. Its industry sports an average Forward P/E of 33.85, so one might conclude that Adobe Systems is trading at a premium comparatively.
We can additionally observe that ADBE currently boasts a PEG ratio of 2.65. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. By the end of yesterday's trading, the Computer - Software industry had an average PEG ratio of 2.35.
The Computer - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 94, putting it in the top 38% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
|
https://www.zacks.com/stock/news/2216653/why-adobe-systems-adbe-dipped-more-than-broader-market-today
| 2024-01-26T23:13:20Z
|
blocked_url
|
Clorox (CLX - Free Report) closed the latest trading day at $144.68, indicating a +0.37% change from the previous session's end. The stock outperformed the S&P 500, which registered a daily loss of 0.07%. At the same time, the Dow added 0.16%, and the tech-heavy Nasdaq lost 0.36%.
Shares of the consumer products maker have appreciated by 1.47% over the course of the past month, underperforming the Consumer Staples sector's gain of 4.4% and the S&P 500's gain of 3.05%.
Market participants will be closely following the financial results of Clorox in its upcoming release. The company plans to announce its earnings on February 1, 2024. The company's upcoming EPS is projected at $1.07, signifying a 9.18% increase compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $1.78 billion, indicating a 3.6% growth compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates project earnings of $4.57 per share and a revenue of $6.98 billion, demonstrating changes of -10.22% and -5.47%, respectively, from the preceding year.
Investors might also notice recent changes to analyst estimates for Clorox. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the company's business health and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.13% lower within the past month. Right now, Clorox possesses a Zacks Rank of #3 (Hold).
From a valuation perspective, Clorox is currently exchanging hands at a Forward P/E ratio of 31.52. This valuation marks a premium compared to its industry's average Forward P/E of 23.39.
We can additionally observe that CLX currently boasts a PEG ratio of 3.02. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As of the close of trade yesterday, the Soap and Cleaning Materials industry held an average PEG ratio of 3.16.
The Soap and Cleaning Materials industry is part of the Consumer Staples sector. Currently, this industry holds a Zacks Industry Rank of 202, positioning it in the bottom 20% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow CLX in the coming trading sessions, be sure to utilize Zacks.com.
|
https://www.zacks.com/stock/news/2216654/clorox-clx-advances-while-market-declines-some-information-for-investors
| 2024-01-26T23:13:26Z
|
blocked_url
|
Carvana (CVNA - Free Report) closed the latest trading day at $41.80, indicating a +1.95% change from the previous session's end. The stock outperformed the S&P 500, which registered a daily loss of 0.07%. At the same time, the Dow added 0.16%, and the tech-heavy Nasdaq lost 0.36%.
Shares of the company have depreciated by 25.33% over the course of the past month, underperforming the Retail-Wholesale sector's gain of 1.02% and the S&P 500's gain of 3.05%.
Market participants will be closely following the financial results of Carvana in its upcoming release. The company plans to announce its earnings on February 22, 2024. The company's upcoming EPS is projected at -$0.93, signifying a 4.12% increase compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $2.57 billion, indicating a 9.31% decline compared to the corresponding quarter of the prior year.
Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for Carvana. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the company's business health and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 1.07% higher. Carvana currently has a Zacks Rank of #1 (Strong Buy).
The Internet - Commerce industry is part of the Retail-Wholesale sector. This industry, currently bearing a Zacks Industry Rank of 106, finds itself in the top 43% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
|
https://www.zacks.com/stock/news/2216655/carvana-cvna-advances-while-market-declines-some-information-for-investors
| 2024-01-26T23:13:26Z
|
blocked_url
|
W.P. Carey (WPC - Free Report) closed at $62.84 in the latest trading session, marking a -0.99% move from the prior day. This move lagged the S&P 500's daily loss of 0.07%. Meanwhile, the Dow gained 0.16%, and the Nasdaq, a tech-heavy index, lost 0.36%.
Prior to today's trading, shares of the real estate investment trust had lost 3.36% over the past month. This has lagged the Finance sector's loss of 1.77% and the S&P 500's gain of 3.05% in that time.
Analysts and investors alike will be keeping a close eye on the performance of W.P. Carey in its upcoming earnings disclosure. On that day, W.P. Carey is projected to report earnings of $1.21 per share, which would represent a year-over-year decline of 6.2%. Simultaneously, our latest consensus estimate expects the revenue to be $428.15 million, showing a 6.34% escalation compared to the year-ago quarter.
Investors should also pay attention to any latest changes in analyst estimates for W.P. Carey. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. At present, W.P. Carey boasts a Zacks Rank of #2 (Buy).
With respect to valuation, W.P. Carey is currently being traded at a Forward P/E ratio of 13.4. This signifies a premium in comparison to the average Forward P/E of 11.39 for its industry.
It's also important to note that WPC currently trades at a PEG ratio of 7.75. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As of the close of trade yesterday, the REIT and Equity Trust - Other industry held an average PEG ratio of 2.52.
The REIT and Equity Trust - Other industry is part of the Finance sector. This group has a Zacks Industry Rank of 150, putting it in the bottom 41% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
|
https://www.zacks.com/stock/news/2216656/wp-carey-wpc-dips-more-than-broader-market-what-you-should-know
| 2024-01-26T23:13:37Z
|
blocked_url
|
Beazer Homes (BZH - Free Report) closed the most recent trading day at $31.82, moving +0.03% from the previous trading session. The stock's change was more than the S&P 500's daily loss of 0.07%. Meanwhile, the Dow experienced a rise of 0.16%, and the technology-dominated Nasdaq saw a decrease of 0.36%.
Prior to today's trading, shares of the homebuilder had lost 6.8% over the past month. This has lagged the Construction sector's loss of 1.36% and the S&P 500's gain of 3.05% in that time.
The investment community will be closely monitoring the performance of Beazer Homes in its forthcoming earnings report. The company is scheduled to release its earnings on February 1, 2024. The company's earnings per share (EPS) are projected to be $0.71, reflecting a 11.25% decrease from the same quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $417.34 million, reflecting a 6.2% fall from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $4.64 per share and revenue of $2.23 billion, which would represent changes of -10.08% and +0.89%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for Beazer Homes. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.22% lower. At present, Beazer Homes boasts a Zacks Rank of #4 (Sell).
Looking at valuation, Beazer Homes is presently trading at a Forward P/E ratio of 6.86. This expresses a discount compared to the average Forward P/E of 9.72 of its industry.
The Building Products - Home Builders industry is part of the Construction sector. At present, this industry carries a Zacks Industry Rank of 25, placing it within the top 10% of over 250 industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
|
https://www.zacks.com/stock/news/2216657/why-the-market-dipped-but-beazer-homes-bzh-gained-today
| 2024-01-26T23:13:44Z
|
blocked_url
|
Loma Negra Compania Industrial Argentina S.A. Sponsored ADR (LOMA - Free Report) closed at $7.18 in the latest trading session, marking a -1.37% move from the prior day. The stock's performance was behind the S&P 500's daily loss of 0.07%. Meanwhile, the Dow experienced a rise of 0.16%, and the technology-dominated Nasdaq saw a decrease of 0.36%.
Shares of the company witnessed a gain of 2.68% over the previous month, beating the performance of the Construction sector with its loss of 1.36% and underperforming the S&P 500's gain of 3.05%.
The upcoming earnings release of Loma Negra Compania Industrial Argentina S.A. Sponsored ADR will be of great interest to investors.
Investors should also note any recent changes to analyst estimates for Loma Negra Compania Industrial Argentina S.A. Sponsored ADR. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the company's business health and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Currently, Loma Negra Compania Industrial Argentina S.A. Sponsored ADR is carrying a Zacks Rank of #3 (Hold).
Looking at its valuation, Loma Negra Compania Industrial Argentina S.A. Sponsored ADR is holding a Forward P/E ratio of 3.9. This indicates a discount in contrast to its industry's Forward P/E of 9.72.
One should further note that LOMA currently holds a PEG ratio of 0.08. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As the market closed yesterday, the Building Products - Home Builders industry was having an average PEG ratio of 0.77.
The Building Products - Home Builders industry is part of the Construction sector. With its current Zacks Industry Rank of 25, this industry ranks in the top 10% of all industries, numbering over 250.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Loma Negra Compania Industrial Argentina S.A. Sponsored ADR (LOMA) - free report >>
|
https://www.zacks.com/stock/news/2216658/loma-negra-compania-industrial-argentina-sa-sponsored-adr-loma-dips-more-than-broader-market-what-you-should-know
| 2024-01-26T23:13:50Z
|
blocked_url
|
The most recent trading session ended with Pioneer Natural Resources (PXD - Free Report) standing at $230.44, reflecting a +0.95% shift from the previouse trading day's closing. This move outpaced the S&P 500's daily loss of 0.07%. Meanwhile, the Dow experienced a rise of 0.16%, and the technology-dominated Nasdaq saw a decrease of 0.36%.
Prior to today's trading, shares of the independent oil and gas company had gained 1.52% over the past month. This has outpaced the Oils-Energy sector's loss of 2.53% and lagged the S&P 500's gain of 3.05% in that time.
Market participants will be closely following the financial results of Pioneer Natural Resources in its upcoming release. The company is forecasted to report an EPS of $5.79, showcasing a 2.03% downward movement from the corresponding quarter of the prior year. In the meantime, our current consensus estimate forecasts the revenue to be $5.21 billion, indicating a 2.06% growth compared to the corresponding quarter of the prior year.
Investors should also take note of any recent adjustments to analyst estimates for Pioneer Natural Resources. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, there's been a 9.89% fall in the Zacks Consensus EPS estimate. As of now, Pioneer Natural Resources holds a Zacks Rank of #5 (Strong Sell).
Looking at valuation, Pioneer Natural Resources is presently trading at a Forward P/E ratio of 10.61. This signifies a premium in comparison to the average Forward P/E of 8.3 for its industry.
The Oil and Gas - Exploration and Production - United States industry is part of the Oils-Energy sector. This industry, currently bearing a Zacks Industry Rank of 245, finds itself in the bottom 3% echelons of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
|
https://www.zacks.com/stock/news/2216659/why-the-market-dipped-but-pioneer-natural-resources-pxd-gained-today
| 2024-01-26T23:13:56Z
|
blocked_url
|
The latest trading session saw Armour Residential REIT (ARR - Free Report) ending at $19.86, denoting no adjustment from its last day's close. The stock's performance was ahead of the S&P 500's daily loss of 0.07%. Meanwhile, the Dow gained 0.16%, and the Nasdaq, a tech-heavy index, lost 0.36%.
Shares of the real estate investment trust witnessed a gain of 0.2% over the previous month, beating the performance of the Finance sector with its loss of 1.77% and underperforming the S&P 500's gain of 3.05%.
Analysts and investors alike will be keeping a close eye on the performance of Armour Residential REIT in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $0.90, marking a 33.33% fall compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $38.2 million, indicating a 131.37% upward movement from the same quarter last year.
It is also important to note the recent changes to analyst estimates for Armour Residential REIT. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Armour Residential REIT currently has a Zacks Rank of #3 (Hold).
Digging into valuation, Armour Residential REIT currently has a Forward P/E ratio of 5.17. This denotes a discount relative to the industry's average Forward P/E of 7.94.
The REIT and Equity Trust industry is part of the Finance sector. With its current Zacks Industry Rank of 200, this industry ranks in the bottom 21% of all industries, numbering over 250.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
|
https://www.zacks.com/stock/news/2216660/armour-residential-reit-arr-flat-as-market-sinks-what-you-should-know
| 2024-01-26T23:14:02Z
|
blocked_url
|
The most recent trading session ended with Air Canada (ACDVF - Free Report) standing at $14.03, reflecting a +0.36% shift from the previouse trading day's closing. This change outpaced the S&P 500's 0.07% loss on the day. At the same time, the Dow added 0.16%, and the tech-heavy Nasdaq lost 0.36%.
The company's stock has dropped by 1.69% in the past month, exceeding the Transportation sector's loss of 2.2% and lagging the S&P 500's gain of 3.05%.
The upcoming earnings release of Air Canada will be of great interest to investors.
Investors should also note any recent changes to analyst estimates for Air Canada. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, there's been a 10.53% rise in the Zacks Consensus EPS estimate. Air Canada is currently sporting a Zacks Rank of #1 (Strong Buy).
Looking at its valuation, Air Canada is holding a Forward P/E ratio of 4.16. This represents a discount compared to its industry's average Forward P/E of 8.29.
The Transportation - Airline industry is part of the Transportation sector. With its current Zacks Industry Rank of 31, this industry ranks in the top 13% of all industries, numbering over 250.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
|
https://www.zacks.com/stock/news/2216661/air-canada-acdvf-gains-as-market-dips-what-you-should-know
| 2024-01-26T23:14:09Z
|
blocked_url
|
The most recent trading session ended with Opendoor Technologies Inc. (OPEN - Free Report) standing at $3.35, reflecting a -0.89% shift from the previouse trading day's closing. The stock fell short of the S&P 500, which registered a loss of 0.07% for the day. Meanwhile, the Dow experienced a rise of 0.16%, and the technology-dominated Nasdaq saw a decrease of 0.36%.
The company's shares have seen a decrease of 27.62% over the last month, not keeping up with the Business Services sector's gain of 1.03% and the S&P 500's gain of 3.05%.
The investment community will be closely monitoring the performance of Opendoor Technologies Inc. in its forthcoming earnings report. The company is scheduled to release its earnings on February 15, 2024. The company is forecasted to report an EPS of -$0.18, showcasing a 75.68% upward movement from the corresponding quarter of the prior year. At the same time, our most recent consensus estimate is projecting a revenue of $831.24 million, reflecting a 70.91% fall from the equivalent quarter last year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Opendoor Technologies Inc. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. At present, Opendoor Technologies Inc. boasts a Zacks Rank of #3 (Hold).
The Technology Services industry is part of the Business Services sector. This group has a Zacks Industry Rank of 66, putting it in the top 27% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
|
https://www.zacks.com/stock/news/2216662/opendoor-technologies-inc-open-registers-a-bigger-fall-than-the-market-important-facts-to-note
| 2024-01-26T23:14:15Z
|
blocked_url
|
FedEx (FDX - Free Report) ended the recent trading session at $251.55, demonstrating a -0.62% swing from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily loss of 0.07%. Meanwhile, the Dow experienced a rise of 0.16%, and the technology-dominated Nasdaq saw a decrease of 0.36%.
The package delivery company's shares have seen a decrease of 0.18% over the last month, surpassing the Transportation sector's loss of 2.2% and falling behind the S&P 500's gain of 3.05%.
The upcoming earnings release of FedEx will be of great interest to investors. In that report, analysts expect FedEx to post earnings of $3.60 per share. This would mark year-over-year growth of 5.57%. Simultaneously, our latest consensus estimate expects the revenue to be $22.04 billion, showing a 0.58% drop compared to the year-ago quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $17.76 per share and a revenue of $88.16 billion, indicating changes of +18.72% and -2.16%, respectively, from the former year.
Any recent changes to analyst estimates for FedEx should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 0.45% lower within the past month. FedEx is currently sporting a Zacks Rank of #4 (Sell).
Looking at its valuation, FedEx is holding a Forward P/E ratio of 14.25. This signifies a discount in comparison to the average Forward P/E of 15.62 for its industry.
One should further note that FDX currently holds a PEG ratio of 1.19. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Transportation - Air Freight and Cargo industry had an average PEG ratio of 1.7 as trading concluded yesterday.
The Transportation - Air Freight and Cargo industry is part of the Transportation sector. This group has a Zacks Industry Rank of 242, putting it in the bottom 4% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
|
https://www.zacks.com/stock/news/2216663/why-fedex-fdx-dipped-more-than-broader-market-today
| 2024-01-26T23:14:21Z
|
blocked_url
|
In the latest market close, Unum (UNM - Free Report) reached $47.41, with a +0.3% movement compared to the previous day. The stock's performance was ahead of the S&P 500's daily loss of 0.07%. Elsewhere, the Dow saw an upswing of 0.16%, while the tech-heavy Nasdaq depreciated by 0.36%.
Shares of the insurance company have appreciated by 4.37% over the course of the past month, outperforming the Finance sector's loss of 1.77% and the S&P 500's gain of 3.05%.
Analysts and investors alike will be keeping a close eye on the performance of Unum in its upcoming earnings disclosure. The company's earnings report is set to go public on January 30, 2024. In that report, analysts expect Unum to post earnings of $1.86 per share. This would mark year-over-year growth of 30.07%. Our most recent consensus estimate is calling for quarterly revenue of $3.13 billion, up 4.28% from the year-ago period.
Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for Unum. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.09% lower. As of now, Unum holds a Zacks Rank of #3 (Hold).
In the context of valuation, Unum is at present trading with a Forward P/E ratio of 6.01. This denotes a discount relative to the industry's average Forward P/E of 12.61.
Meanwhile, UNM's PEG ratio is currently 0.82. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. UNM's industry had an average PEG ratio of 1.49 as of yesterday's close.
The Insurance - Accident and Health industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 32, finds itself in the top 13% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
|
https://www.zacks.com/stock/news/2216664/unum-unm-gains-as-market-dips-what-you-should-know
| 2024-01-26T23:14:27Z
|
blocked_url
|
SunOpta (STKL - Free Report) closed at $6.03 in the latest trading session, marking a +1.01% move from the prior day. The stock outperformed the S&P 500, which registered a daily loss of 0.07%. Elsewhere, the Dow gained 0.16%, while the tech-heavy Nasdaq lost 0.36%.
Coming into today, shares of the natural and organic food company had gained 8.94% in the past month. In that same time, the Consumer Staples sector gained 4.4%, while the S&P 500 gained 3.05%.
Investors will be eagerly watching for the performance of SunOpta in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be $0.01, reflecting a 50% decrease from the same quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $165.1 million, indicating a 25.39% downward movement from the same quarter last year.
Investors should also take note of any recent adjustments to analyst estimates for SunOpta. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. SunOpta is currently sporting a Zacks Rank of #4 (Sell).
Looking at its valuation, SunOpta is holding a Forward P/E ratio of 44.22. Its industry sports an average Forward P/E of 17.38, so one might conclude that SunOpta is trading at a premium comparatively.
The Food - Miscellaneous industry is part of the Consumer Staples sector. At present, this industry carries a Zacks Industry Rank of 185, placing it within the bottom 27% of over 250 industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
|
https://www.zacks.com/stock/news/2216665/sunopta-stkl-increases-despite-market-slip-heres-what-you-need-to-know
| 2024-01-26T23:14:34Z
|
blocked_url
|
ChargePoint Holdings, Inc. (CHPT - Free Report) closed at $1.94 in the latest trading session, marking a -1.02% move from the prior day. This move lagged the S&P 500's daily loss of 0.07%. At the same time, the Dow added 0.16%, and the tech-heavy Nasdaq lost 0.36%.
The the stock of company has fallen by 19.01% in the past month, lagging the Auto-Tires-Trucks sector's loss of 12.12% and the S&P 500's gain of 3.05%.
Investors will be eagerly watching for the performance of ChargePoint Holdings, Inc. in its upcoming earnings disclosure. On that day, ChargePoint Holdings, Inc. is projected to report earnings of -$0.12 per share, which would represent year-over-year growth of 7.69%. At the same time, our most recent consensus estimate is projecting a revenue of $126.47 million, reflecting a 17.25% fall from the equivalent quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of -$0.77 per share and revenue of $517.45 million, indicating changes of -10% and +10.54%, respectively, compared to the previous year.
Investors should also note any recent changes to analyst estimates for ChargePoint Holdings, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. ChargePoint Holdings, Inc. currently has a Zacks Rank of #3 (Hold).
The Automotive - Original Equipment industry is part of the Auto-Tires-Trucks sector. This group has a Zacks Industry Rank of 109, putting it in the top 44% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
|
https://www.zacks.com/stock/news/2216666/chargepoint-holdings-inc-chpt-registers-a-bigger-fall-than-the-market-important-facts-to-note
| 2024-01-26T23:14:40Z
|
blocked_url
|
The most recent trading session ended with United Parcel Service (UPS - Free Report) standing at $159.30, reflecting a -0.26% shift from the previouse trading day's closing. The stock's performance was behind the S&P 500's daily loss of 0.07%. Elsewhere, the Dow saw an upswing of 0.16%, while the tech-heavy Nasdaq depreciated by 0.36%.
Heading into today, shares of the package delivery service had gained 1.53% over the past month, outpacing the Transportation sector's loss of 2.2% and lagging the S&P 500's gain of 3.05% in that time.
The investment community will be closely monitoring the performance of United Parcel Service in its forthcoming earnings report. The company is scheduled to release its earnings on January 30, 2024. The company's earnings per share (EPS) are projected to be $2.44, reflecting a 32.6% decrease from the same quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $25.31 billion, down 6.39% from the prior-year quarter.
Investors should also take note of any recent adjustments to analyst estimates for United Parcel Service. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.21% upward. United Parcel Service is currently a Zacks Rank #3 (Hold).
With respect to valuation, United Parcel Service is currently being traded at a Forward P/E ratio of 16.99. This indicates a premium in contrast to its industry's Forward P/E of 15.62.
It is also worth noting that UPS currently has a PEG ratio of 1.7. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The average PEG ratio for the Transportation - Air Freight and Cargo industry stood at 1.7 at the close of the market yesterday.
The Transportation - Air Freight and Cargo industry is part of the Transportation sector. At present, this industry carries a Zacks Industry Rank of 242, placing it within the bottom 4% of over 250 industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
|
https://www.zacks.com/stock/news/2216667/united-parcel-service-ups-suffers-a-larger-drop-than-the-general-market-key-insights
| 2024-01-26T23:14:46Z
|
blocked_url
|
The latest trading session saw Vipshop Holdings Limited (VIPS - Free Report) ending at $16.06, denoting a +0.69% adjustment from its last day's close. The stock outperformed the S&P 500, which registered a daily loss of 0.07%. Meanwhile, the Dow gained 0.16%, and the Nasdaq, a tech-heavy index, lost 0.36%.
Heading into today, shares of the company had lost 9.07% over the past month, lagging the Computer and Technology sector's gain of 5.93% and the S&P 500's gain of 3.05% in that time.
Investors will be eagerly watching for the performance of Vipshop Holdings Limited in its upcoming earnings disclosure. On that day, Vipshop Holdings Limited is projected to report earnings of $0.74 per share, which would represent year-over-year growth of 39.62%. Simultaneously, our latest consensus estimate expects the revenue to be $4.66 billion, showing a 1.19% escalation compared to the year-ago quarter.
It's also important for investors to be aware of any recent modifications to analyst estimates for Vipshop Holdings Limited. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 2.35% lower within the past month. Vipshop Holdings Limited is holding a Zacks Rank of #4 (Sell) right now.
With respect to valuation, Vipshop Holdings Limited is currently being traded at a Forward P/E ratio of 6.3. For comparison, its industry has an average Forward P/E of 24.5, which means Vipshop Holdings Limited is trading at a discount to the group.
The Internet - Delivery Services industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 186, this industry ranks in the bottom 27% of all industries, numbering over 250.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow VIPS in the coming trading sessions, be sure to utilize Zacks.com.
|
https://www.zacks.com/stock/news/2216668/vipshop-holdings-limited-vips-gains-as-market-dips-what-you-should-know
| 2024-01-26T23:14:52Z
|
blocked_url
|
In the latest trading session, Annaly Capital Management (NLY - Free Report) closed at $19.61, marking a -0.15% move from the previous day. This change lagged the S&P 500's daily loss of 0.07%. On the other hand, the Dow registered a gain of 0.16%, and the technology-centric Nasdaq decreased by 0.36%.
Coming into today, shares of the real estate investment trust had lost 1.21% in the past month. In that same time, the Finance sector lost 1.77%, while the S&P 500 gained 3.05%.
Investors will be eagerly watching for the performance of Annaly Capital Management in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on February 7, 2024. The company's earnings per share (EPS) are projected to be $0.64, reflecting a 28.09% decrease from the same quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $296 million, reflecting a 119.11% rise from the equivalent quarter last year.
Investors might also notice recent changes to analyst estimates for Annaly Capital Management. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 2.23% lower within the past month. Annaly Capital Management is currently sporting a Zacks Rank of #4 (Sell).
Looking at valuation, Annaly Capital Management is presently trading at a Forward P/E ratio of 7.45. This signifies a discount in comparison to the average Forward P/E of 7.94 for its industry.
The REIT and Equity Trust industry is part of the Finance sector. This group has a Zacks Industry Rank of 200, putting it in the bottom 21% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
|
https://www.zacks.com/stock/news/2216669/why-annaly-capital-management-nly-dipped-more-than-broader-market-today
| 2024-01-26T23:14:59Z
|
blocked_url
|
In the latest market close, BP (BP - Free Report) reached $35.63, with a +1.37% movement compared to the previous day. The stock's change was more than the S&P 500's daily loss of 0.07%. Meanwhile, the Dow experienced a rise of 0.16%, and the technology-dominated Nasdaq saw a decrease of 0.36%.
The the stock of oil and gas company has fallen by 0.51% in the past month, leading the Oils-Energy sector's loss of 2.53% and undershooting the S&P 500's gain of 3.05%.
The investment community will be closely monitoring the performance of BP in its forthcoming earnings report. The company is scheduled to release its earnings on February 6, 2024. The company is predicted to post an EPS of $1.09, indicating a 31.45% decline compared to the equivalent quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $59.53 billion, reflecting a 15.39% fall from the equivalent quarter last year.
It's also important for investors to be aware of any recent modifications to analyst estimates for BP. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 10.58% lower. BP presently features a Zacks Rank of #3 (Hold).
In terms of valuation, BP is presently being traded at a Forward P/E ratio of 7.06. Its industry sports an average Forward P/E of 6.74, so one might conclude that BP is trading at a premium comparatively.
It is also worth noting that BP currently has a PEG ratio of 1.08. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. BP's industry had an average PEG ratio of 0.82 as of yesterday's close.
The Oil and Gas - Integrated - International industry is part of the Oils-Energy sector. With its current Zacks Industry Rank of 111, this industry ranks in the top 45% of all industries, numbering over 250.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
|
https://www.zacks.com/stock/news/2216670/why-the-market-dipped-but-bp-bp-gained-today
| 2024-01-26T23:15:05Z
|
blocked_url
|
The latest trading session saw Energy Fuels (UUUU - Free Report) ending at $7.30, denoting a -0.54% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily loss of 0.07%. Elsewhere, the Dow saw an upswing of 0.16%, while the tech-heavy Nasdaq depreciated by 0.36%.
Coming into today, shares of the uranium and vanadium miner and developer had gained 1.8% in the past month. In that same time, the Basic Materials sector lost 7%, while the S&P 500 gained 3.05%.
Investors will be eagerly watching for the performance of Energy Fuels in its upcoming earnings disclosure. The company is expected to report EPS of -$0.03, up 72.73% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $6.45 million, up 3483.33% from the year-ago period.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Energy Fuels. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 17.5% lower. Right now, Energy Fuels possesses a Zacks Rank of #4 (Sell).
The Mining - Non Ferrous industry is part of the Basic Materials sector. At present, this industry carries a Zacks Industry Rank of 222, placing it within the bottom 12% of over 250 industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
|
https://www.zacks.com/stock/news/2216671/energy-fuels-uuuu-dips-more-than-broader-market-what-you-should-know
| 2024-01-26T23:15:11Z
|
blocked_url
|
VeriSign (VRSN - Free Report) closed the most recent trading day at $203.11, moving +0.03% from the previous trading session. This change outpaced the S&P 500's 0.07% loss on the day. On the other hand, the Dow registered a gain of 0.16%, and the technology-centric Nasdaq decreased by 0.36%.
Prior to today's trading, shares of the internet infrastructure services provider had lost 1.57% over the past month. This has lagged the Computer and Technology sector's gain of 5.93% and the S&P 500's gain of 3.05% in that time.
The investment community will be paying close attention to the earnings performance of VeriSign in its upcoming release. The company is slated to reveal its earnings on February 8, 2024. In that report, analysts expect VeriSign to post earnings of $1.83 per share. This would mark year-over-year growth of 7.65%. Our most recent consensus estimate is calling for quarterly revenue of $381.01 million, up 3.2% from the year-ago period.
Any recent changes to analyst estimates for VeriSign should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the company's business health and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. VeriSign is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note VeriSign's current valuation metrics, including its Forward P/E ratio of 25.96. For comparison, its industry has an average Forward P/E of 24.22, which means VeriSign is trading at a premium to the group.
The Internet - Software and Services industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 111, finds itself in the top 45% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
|
https://www.zacks.com/stock/news/2216672/verisign-vrsn-ascends-while-market-falls-some-facts-to-note
| 2024-01-26T23:15:18Z
|
blocked_url
|
In the latest trading session, Lowe's (LOW - Free Report) closed at $211.98, marking a -0.05% move from the previous day. The stock's performance was ahead of the S&P 500's daily loss of 0.07%. At the same time, the Dow added 0.16%, and the tech-heavy Nasdaq lost 0.36%.
Coming into today, shares of the home improvement retailer had lost 4.85% in the past month. In that same time, the Retail-Wholesale sector gained 1.02%, while the S&P 500 gained 3.05%.
Investors will be eagerly watching for the performance of Lowe's in its upcoming earnings disclosure. The company is predicted to post an EPS of $1.68, indicating a 26.32% decline compared to the equivalent quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $18.36 billion, reflecting a 18.18% fall from the equivalent quarter last year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $13.02 per share and a revenue of $86.14 billion, representing changes of -6.26% and -11.25%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for Lowe's. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.01% decrease. Right now, Lowe's possesses a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Lowe's has a Forward P/E ratio of 16.29 right now. This indicates a premium in contrast to its industry's Forward P/E of 13.28.
It's also important to note that LOW currently trades at a PEG ratio of 1.51. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As of the close of trade yesterday, the Building Products - Retail industry held an average PEG ratio of 2.06.
The Building Products - Retail industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 167, positioning it in the bottom 34% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
|
https://www.zacks.com/stock/news/2216673/lowes-low-stock-moves--005-what-you-should-know
| 2024-01-26T23:15:24Z
|
blocked_url
|
Territorial Bancorp (TBNK - Free Report) came out with quarterly earnings of $0.04 per share, missing the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.39 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -42.86%. A quarter ago, it was expected that this holding company for Territorial Savings Bank would post earnings of $0.13 per share when it actually produced earnings of $0.10, delivering a surprise of -23.08%.
Over the last four quarters, the company has not been able to surpass consensus EPS estimates.
Territorial Bancorp
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Territorial Bancorp shares have lost about 1% since the beginning of the year versus the S&P 500's gain of 2.6%.
What's Next for Territorial Bancorp?
While Territorial Bancorp has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Territorial Bancorp: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.05 on $10.34 million in revenues for the coming quarter and $0.35 on $42.62 million in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Banks - Northeast is currently in the top 25% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Cambridge (CATC - Free Report) , is yet to report results for the quarter ended December 2023. The results are expected to be released on January 30.
This bank is expected to post quarterly earnings of $0.92 per share in its upcoming report, which represents a year-over-year change of -52.1%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Cambridge's revenues are expected to be $37.7 million, down 26% from the year-ago quarter.
|
https://www.zacks.com/stock/news/2216674/territorial-bancorp-tbnk-q4-earnings-and-revenues-miss-estimates
| 2024-01-26T23:15:28Z
|
blocked_url
|
Rockwell Automation (ROK - Free Report) closed the most recent trading day at $303, moving -0.41% from the previous trading session. This change lagged the S&P 500's daily loss of 0.07%. At the same time, the Dow added 0.16%, and the tech-heavy Nasdaq lost 0.36%.
The the stock of industrial equipment and software maker has fallen by 2.05% in the past month, lagging the Industrial Products sector's loss of 0.09% and the S&P 500's gain of 3.05%.
The upcoming earnings release of Rockwell Automation will be of great interest to investors. The company's earnings report is expected on January 31, 2024. The company's upcoming EPS is projected at $2.61, signifying a 6.1% increase compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $2.07 billion, up 4.54% from the prior-year quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $12.82 per share and revenue of $9.27 billion. These totals would mark changes of +5.78% and +2.36%, respectively, from last year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Rockwell Automation. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.04% upward. As of now, Rockwell Automation holds a Zacks Rank of #3 (Hold).
Looking at its valuation, Rockwell Automation is holding a Forward P/E ratio of 23.73. This denotes a discount relative to the industry's average Forward P/E of 29.21.
We can additionally observe that ROK currently boasts a PEG ratio of 2.73. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As the market closed yesterday, the Industrial Automation and Robotics industry was having an average PEG ratio of 6.89.
The Industrial Automation and Robotics industry is part of the Industrial Products sector. Currently, this industry holds a Zacks Industry Rank of 111, positioning it in the top 45% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
|
https://www.zacks.com/stock/news/2216676/rockwell-automation-rok-declines-more-than-market-some-information-for-investors
| 2024-01-26T23:15:34Z
|
blocked_url
|
In the latest market close, DigitalOcean Holdings, Inc. (DOCN - Free Report) reached $33, with a -0.42% movement compared to the previous day. This change lagged the S&P 500's 0.07% loss on the day. On the other hand, the Dow registered a gain of 0.16%, and the technology-centric Nasdaq decreased by 0.36%.
Heading into today, shares of the company had lost 12.88% over the past month, lagging the Computer and Technology sector's gain of 5.93% and the S&P 500's gain of 3.05% in that time.
Investors will be eagerly watching for the performance of DigitalOcean Holdings, Inc. in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on February 21, 2024. In that report, analysts expect DigitalOcean Holdings, Inc. to post earnings of $0.37 per share. This would mark year-over-year growth of 32.14%. Meanwhile, our latest consensus estimate is calling for revenue of $178.25 million, up 9.36% from the prior-year quarter.
Investors should also note any recent changes to analyst estimates for DigitalOcean Holdings, Inc. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 7.48% decrease. At present, DigitalOcean Holdings, Inc. boasts a Zacks Rank of #4 (Sell).
Digging into valuation, DigitalOcean Holdings, Inc. currently has a Forward P/E ratio of 21.22. This valuation marks a discount compared to its industry's average Forward P/E of 34.06.
We can additionally observe that DOCN currently boasts a PEG ratio of 0.68. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The average PEG ratio for the Internet - Software industry stood at 1.76 at the close of the market yesterday.
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 53, which puts it in the top 22% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
|
https://www.zacks.com/stock/news/2216677/why-digitalocean-holdings-inc-docn-dipped-more-than-broader-market-today
| 2024-01-26T23:15:40Z
|
blocked_url
|
In the latest market close, Archer Aviation Inc. (ACHR - Free Report) reached $4.90, with a -1.61% movement compared to the previous day. This change lagged the S&P 500's 0.07% loss on the day. On the other hand, the Dow registered a gain of 0.16%, and the technology-centric Nasdaq decreased by 0.36%.
Heading into today, shares of the company had lost 20.19% over the past month, lagging the Aerospace sector's loss of 3.77% and the S&P 500's gain of 3.05% in that time.
Investors will be eagerly watching for the performance of Archer Aviation Inc. in its upcoming earnings disclosure. In that report, analysts expect Archer Aviation Inc. to post earnings of -$0.27 per share. This would mark year-over-year growth of 3.57%.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Archer Aviation Inc. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Archer Aviation Inc. presently features a Zacks Rank of #3 (Hold).
The Aerospace - Defense industry is part of the Aerospace sector. Currently, this industry holds a Zacks Industry Rank of 102, positioning it in the top 41% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
|
https://www.zacks.com/stock/news/2216678/why-archer-aviation-inc-achr-dipped-more-than-broader-market-today
| 2024-01-26T23:15:47Z
|
blocked_url
|
In the latest market close, Generac Holdings (GNRC - Free Report) reached $114.69, with a +0.04% movement compared to the previous day. The stock exceeded the S&P 500, which registered a loss of 0.07% for the day. At the same time, the Dow added 0.16%, and the tech-heavy Nasdaq lost 0.36%.
The generator maker's stock has dropped by 12.44% in the past month, falling short of the Computer and Technology sector's gain of 5.93% and the S&P 500's gain of 3.05%.
Analysts and investors alike will be keeping a close eye on the performance of Generac Holdings in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $2.10, marking a 17.98% rise compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $1.1 billion, reflecting a 4.56% rise from the equivalent quarter last year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Generac Holdings. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, there's been a 0.1% fall in the Zacks Consensus EPS estimate. Generac Holdings is currently a Zacks Rank #3 (Hold).
In the context of valuation, Generac Holdings is at present trading with a Forward P/E ratio of 15.61. For comparison, its industry has an average Forward P/E of 13.48, which means Generac Holdings is trading at a premium to the group.
We can additionally observe that GNRC currently boasts a PEG ratio of 1.56. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. GNRC's industry had an average PEG ratio of 4.81 as of yesterday's close.
The Electronics - Power Generation industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 111, finds itself in the top 45% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
|
https://www.zacks.com/stock/news/2216679/why-the-market-dipped-but-generac-holdings-gnrc-gained-today
| 2024-01-26T23:15:53Z
|
blocked_url
|
Innovative Industrial Properties (IIPR - Free Report) closed the most recent trading day at $94.22, moving +0.62% from the previous trading session. The stock exceeded the S&P 500, which registered a loss of 0.07% for the day. Meanwhile, the Dow experienced a rise of 0.16%, and the technology-dominated Nasdaq saw a decrease of 0.36%.
The the stock of company has fallen by 8.94% in the past month, lagging the Finance sector's loss of 1.77% and the S&P 500's gain of 3.05%.
The investment community will be paying close attention to the earnings performance of Innovative Industrial Properties in its upcoming release. The company is forecasted to report an EPS of $2.27, showcasing a 7.08% upward movement from the corresponding quarter of the prior year. Meanwhile, our latest consensus estimate is calling for revenue of $77.25 million, up 9.64% from the prior-year quarter.
Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for Innovative Industrial Properties. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Innovative Industrial Properties is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note Innovative Industrial Properties's current valuation metrics, including its Forward P/E ratio of 10.22. This represents a discount compared to its industry's average Forward P/E of 11.39.
The REIT and Equity Trust - Other industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 150, finds itself in the bottom 41% echelons of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow IIPR in the coming trading sessions, be sure to utilize Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Innovative Industrial Properties, Inc. (IIPR) - free report >>
|
https://www.zacks.com/stock/news/2216680/innovative-industrial-properties-iipr-gains-as-market-dips-what-you-should-know
| 2024-01-26T23:15:59Z
|
blocked_url
|
The latest trading session saw EOG Resources (EOG - Free Report) ending at $115.54, denoting a +0.6% adjustment from its last day's close. This change outpaced the S&P 500's 0.07% loss on the day. Meanwhile, the Dow gained 0.16%, and the Nasdaq, a tech-heavy index, lost 0.36%.
Coming into today, shares of the oil and gas company had lost 5.34% in the past month. In that same time, the Oils-Energy sector lost 2.53%, while the S&P 500 gained 3.05%.
The investment community will be closely monitoring the performance of EOG Resources in its forthcoming earnings report. The company is scheduled to release its earnings on February 22, 2024. The company is predicted to post an EPS of $3.25, indicating a 1.52% decline compared to the equivalent quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $6.3 billion, down 6.28% from the prior-year quarter.
Any recent changes to analyst estimates for EOG Resources should also be noted by investors. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 10.54% lower within the past month. EOG Resources is currently a Zacks Rank #3 (Hold).
Valuation is also important, so investors should note that EOG Resources has a Forward P/E ratio of 9.52 right now. For comparison, its industry has an average Forward P/E of 8.3, which means EOG Resources is trading at a premium to the group.
One should further note that EOG currently holds a PEG ratio of 0.33. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As the market closed yesterday, the Oil and Gas - Exploration and Production - United States industry was having an average PEG ratio of 0.66.
The Oil and Gas - Exploration and Production - United States industry is part of the Oils-Energy sector. Currently, this industry holds a Zacks Industry Rank of 245, positioning it in the bottom 3% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
|
https://www.zacks.com/stock/news/2216681/eog-resources-eog-advances-while-market-declines-some-information-for-investors
| 2024-01-26T23:16:05Z
|
blocked_url
|
The latest trading session saw Allegiant Travel (ALGT - Free Report) ending at $80.91, denoting a -0.91% adjustment from its last day's close. This change lagged the S&P 500's 0.07% loss on the day. Meanwhile, the Dow gained 0.16%, and the Nasdaq, a tech-heavy index, lost 0.36%.
The the stock of travel services company has fallen by 2.96% in the past month, lagging the Transportation sector's loss of 2.2% and the S&P 500's gain of 3.05%.
Market participants will be closely following the financial results of Allegiant Travel in its upcoming release. The company plans to announce its earnings on February 5, 2024. In that report, analysts expect Allegiant Travel to post earnings of -$0.75 per share. This would mark a year-over-year decline of 123.66%. Meanwhile, the latest consensus estimate predicts the revenue to be $601.47 million, indicating a 1.65% decrease compared to the same quarter of the previous year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Allegiant Travel. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 7.87% higher. As of now, Allegiant Travel holds a Zacks Rank of #3 (Hold).
In the context of valuation, Allegiant Travel is at present trading with a Forward P/E ratio of 10.04. This expresses a premium compared to the average Forward P/E of 8.29 of its industry.
The Transportation - Airline industry is part of the Transportation sector. At present, this industry carries a Zacks Industry Rank of 31, placing it within the top 13% of over 250 industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
|
https://www.zacks.com/stock/news/2216682/allegiant-travel-algt-dips-more-than-broader-market-what-you-should-know
| 2024-01-26T23:16:12Z
|
blocked_url
|
The most recent trading session ended with American Tower (AMT - Free Report) standing at $197.29, reflecting a -1.46% shift from the previouse trading day's closing. The stock's performance was behind the S&P 500's daily loss of 0.07%. Elsewhere, the Dow gained 0.16%, while the tech-heavy Nasdaq lost 0.36%.
Heading into today, shares of the wireless communications infrastructure company had lost 7.81% over the past month, lagging the Finance sector's loss of 1.77% and the S&P 500's gain of 3.05% in that time.
Market participants will be closely following the financial results of American Tower in its upcoming release. The company plans to announce its earnings on February 27, 2024. The company's earnings per share (EPS) are projected to be $2.18, reflecting a 6.84% decrease from the same quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $2.73 billion, up 1.03% from the year-ago period.
Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for American Tower. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.86% increase. American Tower currently has a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that American Tower has a Forward P/E ratio of 19.49 right now. Its industry sports an average Forward P/E of 11.39, so one might conclude that American Tower is trading at a premium comparatively.
One should further note that AMT currently holds a PEG ratio of 1.51. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The REIT and Equity Trust - Other industry had an average PEG ratio of 2.52 as trading concluded yesterday.
The REIT and Equity Trust - Other industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 150, which puts it in the bottom 41% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
|
https://www.zacks.com/stock/news/2216683/american-tower-amt-declines-more-than-market-some-information-for-investors
| 2024-01-26T23:16:18Z
|
blocked_url
|
The latest trading session saw Simon Property (SPG - Free Report) ending at $141.96, denoting a -0.61% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a loss of 0.07% for the day. On the other hand, the Dow registered a gain of 0.16%, and the technology-centric Nasdaq decreased by 0.36%.
Prior to today's trading, shares of the shopping mall real estate investment trust had lost 1.01% over the past month. This has was narrower than the Finance sector's loss of 1.77% and lagged the S&P 500's gain of 3.05% in that time.
The investment community will be closely monitoring the performance of Simon Property in its forthcoming earnings report. The company is scheduled to release its earnings on February 5, 2024. The company is forecasted to report an EPS of $3.34, showcasing a 6.03% upward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $1.46 billion, up 4.02% from the year-ago period.
Investors should also pay attention to any latest changes in analyst estimates for Simon Property. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the company's business health and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.17% increase. Simon Property currently has a Zacks Rank of #3 (Hold).
Digging into valuation, Simon Property currently has a Forward P/E ratio of 11.74. Its industry sports an average Forward P/E of 13.22, so one might conclude that Simon Property is trading at a discount comparatively.
Meanwhile, SPG's PEG ratio is currently 6.86. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. By the end of yesterday's trading, the REIT and Equity Trust - Retail industry had an average PEG ratio of 3.5.
The REIT and Equity Trust - Retail industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 56, finds itself in the top 23% echelons of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
|
https://www.zacks.com/stock/news/2216684/why-simon-property-spg-dipped-more-than-broader-market-today
| 2024-01-26T23:16:24Z
|
blocked_url
|
Ferrari (RACE - Free Report) closed the latest trading day at $340.17, indicating a +1.44% change from the previous session's end. The stock's performance was ahead of the S&P 500's daily loss of 0.07%. Meanwhile, the Dow gained 0.16%, and the Nasdaq, a tech-heavy index, lost 0.36%.
Shares of the luxury sports car maker witnessed a loss of 0.48% over the previous month, beating the performance of the Auto-Tires-Trucks sector with its loss of 12.12% and underperforming the S&P 500's gain of 3.05%.
The investment community will be paying close attention to the earnings performance of Ferrari in its upcoming release. The company is slated to reveal its earnings on February 1, 2024. The company's upcoming EPS is projected at $1.55, signifying a 25% increase compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $1.61 billion, indicating a 14.92% growth compared to the corresponding quarter of the prior year.
Investors should also note any recent changes to analyst estimates for Ferrari. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, there's been a 2.5% fall in the Zacks Consensus EPS estimate. Currently, Ferrari is carrying a Zacks Rank of #3 (Hold).
In terms of valuation, Ferrari is presently being traded at a Forward P/E ratio of 42.29. This represents a premium compared to its industry's average Forward P/E of 11.51.
We can also see that RACE currently has a PEG ratio of 2.74. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As of the close of trade yesterday, the Automotive - Original Equipment industry held an average PEG ratio of 0.69.
The Automotive - Original Equipment industry is part of the Auto-Tires-Trucks sector. With its current Zacks Industry Rank of 109, this industry ranks in the top 44% of all industries, numbering over 250.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
|
https://www.zacks.com/stock/news/2216685/why-the-market-dipped-but-ferrari-race-gained-today
| 2024-01-26T23:16:30Z
|
blocked_url
|
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.