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Nvidia results burnish AI rally, lift global tech shares
  + stars: | 2023-08-24 | by ( ) www.reuters.com   time to read: +3 min
Nvidia's shares rose to $510.14 in premarket trading, set to surpass a record high of $481.87 hit earlier this week. That represents another three-fold increase in the stock's value from current levels. Elsewhere, shares of Taiwan Semiconductor Manufacturing Co (TSMC) (2330.TW), which supplies to Nvidia, rose 2.2%. A lot rested on Nvidia posting strong results, as most of the S&P 500's over 15% year-to-date gains have come from the AI-driven rally in Nvidia and other Big Tech stocks. Investing.com analyst Thomas Monteiro said Nvidia's results validated "the narrative that has been propping tech stocks in general this year."
Persons: Ann Wang, , Hargreaves, Sophie Lund, Yates, Elazar, Bernstein, Stacy Rasgon, Ipek Ozkardeskaya, Thomas Monteiro, Susan Mathew, Chavi Mehta, Varun Organizations: REUTERS, Nvidia, Elazar Advisors, Rosenblatt Securities, Devices, Micron Technology, Broadcom, Marvell Technology, Taiwan Semiconductor Manufacturing, ASM International, BE Semiconductor, Aixtron, Swissquote Bank, Big Tech, Thomson Locations: Taipei, Taiwan, Bengaluru
A Nvidia logo is seen on one of their products on display at their headquarters in Taipei, Taiwan May 31, 2023. REUTERS/Ann Wang/File Photo Acquire Licensing RightsAug 24 (Reuters) - Frankfurt-listed shares of Nvidia jumped 8.7% on Thursday, lifting tech shares around the world, after the company forecast quarterly revenue that smashed expectations and announced a $25 billion buyback. That represents an over three-fold rise in shares from last close of $471.16. The results are also seem keeping a Wall Street rally alive, with futures tracking the tech-heavy Nasdaq 100 jumping more than 1%, while S&P 500 futures rose 0.7%. Elsewhere, shares of Taiwan Semiconductor Manufacturing Co (TSMC) (2330.TW), which supplies to Nvidia, rose 2.2%.
Persons: Ann Wang, Elazar, Stacy A, Ipek Ozkardeskaya, Susan Mathew, Varun Organizations: REUTERS, Nvidia, Elazar Advisors, Rosenblatt Securities, Swissquote Bank, Big Tech, Taiwan Semiconductor Manufacturing, ASM International, BE Semiconductor, Aixtron, Thomson Locations: Taipei, Taiwan, Frankfurt, Bengaluru
FILE PHOTO: People are seen on Wall Street outside the New York Stock Exchange (NYSE) in New York City, U.S., March 19, 2021. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsAug 21 (Reuters) - The S&P 500 will likely struggle to make more headway after rallying almost 14% so far this year as investors start to question the sustainability of the U.S. economy's resilience, Morgan Stanley equity strategists said. One reason is that a "sell-the news" mentality has taken hold following second-quarter earnings, potentially slowing price momentum, said Morgan Stanley strategists, led by Michael Wilson. "While limited in downside magnitude, this recent price action is a change and suggests stocks may be starting to question the sustainability of the economic resiliency we experienced in the first half of the year," said Wilson. Wilson also sees fading tailwinds from excess savings among consumers, which leaves consumer discretionary stocks vulnerable.
Persons: Brendan McDermid, Morgan Stanley, Michael Wilson, Wilson, Marc Giannoni, Susan Mathew, Saumyadeb Organizations: New York Stock Exchange, REUTERS, Treasury, Barclays, Credit Suisse, Thomson Locations: New York City, U.S, Bengaluru
People gather at the BAE Systems' booth during the Association of the United States Army (AUSA) Global Force Symposium & Exposition in Huntsville, Alabama, U.S. March 28, 2023. Shares in BAE Systems fell as much as 4.9%, while Ball Corp rose 2.7% in premarket trading. "We see this deal as a good fit, although slightly expensive," Jefferies analysts led by Chloe Lemarie wrote in a note. He also confirmed the 1.5 billion pound ($1.91 billion) share repurchase announced with its half-year results. The Colorado-based aerospace business made $1.98 billion in revenue and accounted for 13% of Ball's consolidated net sales in 2022.
Persons: Cheney Orr, Tom Arseneault, Chloe Lemarie, Charles Woodburn, Yadarisa Shabong, Chandini, Susan Mathew, Subhranshu Sahu, Jason Neely, Sharon Singleton Organizations: BAE Systems, Association of, United States Army, Global, REUTERS, Ball Corp, Jefferies, Reuters, Blackstone Inc, Veritas Capital Fund Management, BAE, General Dynamics Corp, Textron, Shore Capital, Britain's, British, Thomson Locations: Huntsville , Alabama, U.S, Ukraine, Colorado, Bengaluru
People gather at the BAE Systems' booth during the Association of the United States Army (AUSA) Global Force Symposium & Exposition in Huntsville, Alabama, U.S. March 28, 2023. The war in Ukraine has led to new demand for those in munitions supply chains, Tom Arseneault, head of BAE's U.S. business, told analysts. Shares in BAE Systems fell as much as 4.9%, while Ball Corp rose 2.7% in premarket trading. "We see this deal as a good fit, although slightly expensive," Jefferies analysts led by Chloe Lemarie wrote in a note. The Colorado-based aerospace business made $1.98 billion in revenue and accounted for 13% of Ball's consolidated net sales in 2022.
Persons: Cheney Orr, Tom Arseneault, Chloe Lemarie, Charles Woodburn, Yadarisa Shabong, Chandini, Susan Mathew, Subhranshu Sahu, Jason Neely, Sharon Singleton Organizations: BAE Systems, Association of, United States Army, Global, REUTERS, Ball Corp, Jefferies, Reuters, Blackstone Inc, Veritas Capital Fund Management, BAE, General Dynamics Corp, Textron, Shore Capital, Britain's, British, Thomson Locations: Huntsville , Alabama, U.S, Ukraine, Colorado, Bengaluru
The company logo of Chinese developer Country Garden is pictured at the Shanghai Country Garden Center in Shanghai, China August 9, 2023. REUTERS/Aly Song/File PhotoAug 14 (Reuters) - Turmoil at China's largest private developer Country Garden could set off a "vicious cycle" of financing stress on the country's real estate investment trusts (REITs), brokerage J.P. Morgan warned on Monday. These fresh worries come as Country Garden sought to delay payment on a private onshore bond for the first time and suspended trading in 11 onshore bonds. "The default events may lead to a chain reaction on developer financing, adding stress to POE (privately owned enterprise) developers and their creditors." Rising trust defaults would drag economic growth by 0.3-0.4 percentage points directly, J.P.Morgan warned.
Persons: Aly, Morgan, Katherine Lei, POE, J.P.Morgan, Nomura, Roshan Abraham, Susan Mathew, Danilo Masoni, Varun, Arun Koyyur Organizations: Shanghai Country Garden, REUTERS, China's, Zhongzhi Enterprise Group, Zhongrong, China Evergrande, Thomson Locations: Shanghai, China, HK, Beijing, Bengaluru, Milan
A sign is displayed on the Morgan Stanley building in New York U.S., July 16, 2018. REUTERS/Lucas Jackson/File PhotoAug 7 (Reuters) - Brokerage Morgan Stanley on Monday warned that lofty U.S. equity valuations could be questioned by investors if aggressive fiscal spending is curtailed after the downgrade of sovereign debt by ratings agency Fitch last week. While aggressive fiscal spending could continue, given the debt ceiling has been raised, fiscal policy has limits as deficits would widen - one of the reasons for Fitch's downgrade. "Investors will to call into question equity valuations, which were already high before the recent rise in yields," Wilson said in a weekend note. "If fiscal spending must be curtailed due to higher political or funding costs, the unfinished earnings decline that began last year is more likely to resume."
Persons: Morgan Stanley, Lucas Jackson, Fitch, Michael J Wilson, chalking, Wilson, Susan Mathew, Shweta Agarwal Organizations: New York U.S, REUTERS, U.S . Federal Reserve, Thomson Locations: New York, U.S, Bengaluru
It’s been about a decade since Brown’s research popularized the term “gray divorce” to describe this phenomenon – something that used to be a rarity, but now has become much more common. They dubbed it “the gray divorce revolution.”And it’s still going strong, both for celebrities and everyday people. Rather than “gray divorce,” Myres says she prefers the term “silver splitters,” because it also alludes to the silver lining of starting fresh, no matter how old you are. Financial difficulties after “gray divorce” are a problem Brown says she and other researchers have been studying, too. In the first couple of years after a “gray divorce,” Brown says, about 50% of people end up living alone.
Persons: Edith Heyck didn’t, , I’d, , She’s, Susan L, Brown, It’s, ” Brown, Tipper Gore, Melinda French Gates, Lin, Melinda Gates, Justin Trudeau, Susan Myres, she’s, , ’ ” Myres, “ I’ve, they’ve, Myres, ” Myres, Heyck, Edith Heyck, Edith Heyck “, ‘ Gray, , izusek, Bella DePaulo, , what’s, “ Who’s, Markus Schafer, it’s, ” Schafer, Kim Kyung, Jennifer Molinsky, There’s, ” Molinsky, Edith Heyck Heyck Organizations: CNN, National Center for Family, Bowling Green State University, Al, United States, Canadian, Social Security, Baylor University, Reuters, Aging Society, Harvard University’s, for Housing Locations: Newburyport , Massachusetts, United States, United, Houston, Santa Barbara , California, Japan, Tokyo
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 26, 2023. Early moves in U.S. financial markets on Wednesday indicated some aversion to riskier assets as investors assessed the impact of the surprise downgrade. The dollar climbed 0.2%, after slipping broadly in the wake of the downgrade. "Investors have lived through the S&P downgrade in 2011 and remember coming away unscathed. "We see the market impact from the downgrade news as ultimately limited, and Friday's jobs report could trump the downgrade news as monetary policy is still the dominant driver for yields."
Persons: Brendan McDermid, Steven Zeng, Jay Barry, Data, J.P.Morgan, Fitch, Goldman Sachs, Jan Hatzius, Moody's, Susan Mathew, Saumyadeb Organizations: New York Stock Exchange, REUTERS, P Global, Nasdaq, Treasury, Fitch, Deutsche Bank, Federal Reserve, Gross, AAA, Aaa, U.S ., U.S, Thomson Locations: New York City, U.S, Bengaluru
Factbox: Credit rating: The shrinking 'triple A' club
  + stars: | 2023-08-02 | by ( ) www.reuters.com   time to read: 1 min
Aug 2 (Reuters) - Ratings agency Fitch on Tuesday downgraded the U.S. government's top credit rating by a notch to 'AA+' sending jitters across global markets as investors assessed the impact from the move. Here is a list of countries whose sovereign debt is still rated 'AAA' by at least two of the top three ratings agencies:Compiled by Susan Mathew, Shubham Kalia, and Shubham Batra in Bengaluru;Our Standards: The Thomson Reuters Trust Principles.
Persons: Fitch, Susan Mathew, Shubham Kalia, Shubham Batra Organizations: AAA, Thomson Locations: Bengaluru
Citigroup lifts S&P 500's year-end target to 4,600
  + stars: | 2023-07-31 | by ( ) www.reuters.com   time to read: +1 min
July 31 (Reuters) - Citigroup raised its year-end target for the S&P 500 by 15% as it now sees a higher probability of a soft landing for the U.S. economy, as well as, an earnings upside. The bank sees the S&P 500 (.SPX) ending 2023 at 4,600 points, a 0.4% uptick from Friday's closing of 4,582.23. Citi pushed out its probability of a U.S. recession to the first half of 2024 from the last quarter of this year. The new S&P 500 projections better reflect that, the bank's strategists said. The Wall Street bank now projects earnings of $220 per share in 2023 for companies on the S&P 500, up from the $215 projected earlier.
Persons: Susan Mathew, Dhanya Ann Thoppil Organizations: Citigroup, Citi, Thomson Locations: U.S, Bengaluru
I was singing, fired up by the thrilling energy of “Mandinka,” when I became aware of flashing blue lights. On Wednesday, Ms. O’Connor’s body was found in a London apartment. Auden wrote of Yeats, “Mad Ireland hurt you into poetry.” Cruel Ireland hurt Ms. O’Connor into song. She was furious that in a country that had supposedly fought for and won its freedom, women and children were so silenced and disempowered. She understood and had experienced pain, neglect and injustice and sang for those who also knew these things.
Persons: Sinead O’Connor’s, Auden, Yeats, , Ms, O’Connor Locations: Republic, London, Ireland
Microscopic contaminants were found in a metal used in the engine's high-pressure turbine discs - part of the engine core. In an interview, Chief Executive Greg Hayes acknowledged the airlines' frustration over a spate of problems with the Geared Turbofan (GTF) engines over the last seven years. While the latest GTF issue could be the last straw for some, we suspect that the negative (share price) response is overdone". Low-cost Indian carrier Go First, which plunged into financial crisis this year, blamed "faulty" Pratt & Whitney engines for the grounding of about half its 54 Airbus A320neos. Announcing quarterly earnings on Tuesday, RTX increased its 2023 sales expectation from $72 billion to $73 billion to $73 billion to $74 billion.
Persons: Whitney, Pratt, Greg Hayes, Safran, RTX, Robert Stallard, Wizz, Hayes, Pratyush Thakur, Valerie Insinna, Mike Stone, Susan Mathew, Rajesh Singh, Tim Hepher, Shounak Dasgupta, Sharon Singleton, Nick Zieminski Organizations: Pratt, Airbus, U.S, RTX Corp, Raytheon Technologies, CFM International, GE, Reuters, Research, Spirit Airlines Inc, JetBlue Airways, Wizz, Thomson Locations: Paris, Bengaluru, Washington, Chicago
Vondrousova one step from 'mission impossible'
  + stars: | 2023-07-13 | by ( Martyn Herman | ) www.reuters.com   time to read: +3 min
LONDON, July 13 (Reuters) - For Marketa Vondrousova the very notion of winning Wimbledon was an impossibility a year ago, but on Saturday she has the chance to add her name to an esteemed list of Czech champions. Not only that, but Prague-based Vondrousova, 24, can become the first unseeded woman to win Wimbledon. I didn't play for almost six months, so it was very tough," Vondrousova told reporters when asked to cast her mind back 12 months. It was really sad," Vondrousova, who made a tentative return to the second-tier ITF Tour last October, said. But something clicked and she has beaten 12th seed Veronika Kudermetova, 20th seed Donna Vekic, 32nd seed Marie Bouzkova and fourth seed Jessica Pegula.
Persons: Miriam Kolodziejova, Stepan Simek, Elina Svitolina, Martina Navratilova, Jana Novotna, Petra Kvitova, Vondrousova, Marketa, Susan Mullane, Ash Barty, Karolina Muchova, Veronika Kudermetova, Donna Vekic, Marie Bouzkova, Jessica Pegula, Frankie, He's, Martyn Herman, Pritha Sarkar Organizations: Wimbledon, Court, Lawn Tennis, Croquet Club, Slams, ITF, Thomson Locations: Czech, Wimbledon, Prague, London, United Kingdom, Berlin
CNN —Christopher Eubanks’ thrilling run at Wimbledon has come to an end, but the American tennis star wants to keep riding the wave of his recent success. “I’m just enjoying myself,” Eubanks told reporters as his improbable run came to an end. “I’m having a great time. “I’m going to continue to try to ride this momentum out. I know that comes with the game style, and I’m okay with that.”Eubanks and Medvedev shake hands after their entertaining Wimbledon encounter.
Persons: Christopher Eubanks, Eubanks ’, Stefanos Tsitsipas, Cameron Norrie, Daniil Medvedev, “ I’m, ” Eubanks, , I’m, Susan Mullane, Reuters Eubanks, , Eubanks, Medvedev, Glyn Kirk, ’ ”, It’s, I’ll Organizations: CNN, Wimbledon, Tennis, Medvedev, Reuters, ATP, Getty Locations: American, Mallorca, AFP
His death was announced by his daughter Susan Meyers. In 1970, as a senior manufacturing executive, Mr. Meyers was tasked with evaluating a possible acquisition of Kaiser Jeep. But the board proceeded anyway — and put Mr. Meyers in charge. To appeal to more consumers, he upgraded existing Jeeps with better engines, suspensions and interiors, and directed the development of a new wagon, the Jeep Cherokee. Sales soon surged, steadying AMC’s shaky finances and driving consumer interest in roomy off-road vehicles.
Persons: Gerald C, Meyers, Susan Meyers, Kaiser Jeep, steadying Organizations: American Motors Corporation, American Motors, Ford Motor, Chrysler, AMC, General Motors, Kaiser, Jeep Locations: West Bloomfield, Mich, United States, roomy
CNN —Ukrainian Elina Svitolina says Russia’s invasion of her country has made her “mentally stronger” on the tennis court as she continues her stunning run at Wimbledon. That would cap off a whirlwind period in Svitolina’s career, during which she has been at the forefront of tennis’ humanitarian relief efforts for Ukraine. “I think war made me stronger and also made me mentally stronger,” Svitolina told reporters after her victory against Świątek. “I think she’s incredible with everything,” Svitolina’s next opponent, the unseeded Vondroušová, told reporters on Tuesday. I’m really grateful for this.”
Persons: Elina Svitolina, Svitolina, Vondroušová, , ” Svitolina, , I’m, ” Świątek, Susan Mullane, Reuters Svitolina, Venus Williams, Sofia Kenin, Victoria Azarenka, ” Svitolina’s, she’s, Volodymyr Zelensky, Świątek, Julian Finney, Andrey Rublev, Novak Djokovic Organizations: CNN, Wimbledon, Świątek, Reuters, UNITED24, Charleston, Getty Locations: Czech, Ukraine, London, Belarusian, Russian
Eubanks soaks in 'whirlwind' run through Wimbledon
  + stars: | 2023-07-10 | by ( ) www.reuters.com   time to read: +2 min
[1/2] Jul 10, 2023; London, United Kingdom; Christopher Eubanks (USA) returns a shot against Stefanos Tsitsipas (GRE) on day eight at the All England Lawn Tennis and Croquet Club. The American made it into the quarter-finals of a Grand Slam for the first time in his first Wimbledon main draw, along the way encountering surreal reminders of his skyrocketting success. Now, he is preparing for a showdown with Russian third seed Daniil Medvedev, who days earlier praised Eubanks for his "total tennis" and fearless style of play. That crowd support could come in handy against mighty Medvedev, against whom he lost in straight sets earlier this year in Miami. "Granted, different court, different surface, different conditions.
Persons: Christopher Eubanks, Stefanos Tsitsipas, Susan Mullane, Chris Eubanks, Stefanos, Eubanks, I'm, Daniil Medvedev, I've, Tsitsipas, Medvedev, That's, Amy Tennery, Stephen Coates Organizations: Lawn Tennis, Croquet Club, LONDON, Wimbledon, ESPN, Tennis Channel, Thomson Locations: London, United Kingdom, Greek, Russian, Miami, New York
CNN —Tennis great Roger Federer says he hopes his former rival Rafael Nadal can retire from the sport “on his own terms” following the Spaniard’s recent struggles with injury. Nadal hasn’t played competitive tennis since injuring a hip muscle during his second-round Australian Open defeat by Mackenzie McDonald in January. It was an emotional farewell for Roger Federer at the Laver Cup. Roger Federer and Rafael Nadal have gave tennis fans one of the sport's greatest rivalries. Susan Mullane/USA Today Sports/Reuters“I think the coaching on the tour like we know it I think is difficult for me,” Federer said.
Persons: Roger Federer, Rafael Nadal, Nadal hasn’t, Mackenzie McDonald, Federer, Nadal, Julian Finney, Andy, Murray, Novak, Djokovic, ” Federer, CNN’s Christina Macfarlane, Ellie Goulding, , Everybody, Borg, Pete, Sampras, Andre, Agassi, Rafa, Clive Brunskill, Pedro Cachín, , Borg –, Roger Federer's, Matthew Childs, Reuters “, they’re, Stefan Edberg, it’s, Carlos Alcaraz, Susan Mullane, , you’re, he’s Organizations: CNN, Tennis, Laver, Getty, O2, Djokovic, Wimbledon, Reuters, USA, Sports Locations: London, Swiss, Wimbledon, SW19, Paris, Switzerland
CNN —Novak Djokovic had a brief stint as a groundsman during his first-round match at Wimbledon on Monday, using his towel to dry the grass on Centre Court. When the match resumed, Djokovic triumphed 6-3 6-3 7-6 (7-4) against the Argentine to kick off his pursuit of a fifth straight Wimbledon title. “It was definitely frustrating, of course, for the crowd waiting for us to come out on the court,” said Djokovic. After five, 10 minutes, we were out and about.”Unperturbed by the delay, Djokovic breezed through his first-round encounter against Cachín in a playing time of two hours and 12 minutes. His bid to capture a third grand slam title this year will continue on Wednesday against Australia’s Jordan Thompson, who came from two sets down to defeat American Brandon Nakashima 2-6 2-6 6-4 7-6 (7-4) 6-3.
Persons: CNN — Novak Djokovic, Pedro Cachín, Djokovic, , ” Djokovic, Susan Mullane, , Australia’s Jordan Thompson, Brandon Nakashima Organizations: CNN, Wimbledon, Court, Argentine, Djokovic breezed, Cachín
Despite struggling for form in the lead up to the French Open, Djokovic found his A-game when it mattered most in Paris and looked largely unstoppable. Lisi Niesner/ReutersRybakina became the first player from Kazakhstan to win a grand slam title after beating Ons Jabeur in three sets in last year’s Wimbledon final, catapulting her to stardom overnight. Belarussian Sabalenka and Poland’s Iga Świątek are joint favorites to win the title alongside Rybakina, according to bookmakers. Sabalenka has three titles to her name this year, including that maiden grand slam in Australia, and has matched her career-high of No. Iga Swiatek is a four-time grand slam champion but is yet to win Wimbledon.
Persons: Novak, Roger Federer’s, , Björn Borg –, Djokovic, Spain’s Carlos Alcaraz, Garros, Carlos Alcaraz, Susan Mullane, Reuters Alcaraz, Alcaraz, – Daniil Medvedev, Stefanos Tsitsipas, Casper Ruud, Holger Rune, Frances Tiafoe, Julian Finney, Francis Tiafoe, Chile’s Nicolas Jarry, Elena Rybakina, Donna Vekić, hadn’t, Kazakhstan's Elena Rybakina, Linda Noskova, Lisi Niesner, Reuters Rybakina, Belarussian, Iga, Rybakina, Sabalenka, Aryna Sabalenka, agains Karolina Muchova, Veronika Kudermetova, Świątek, Tatjana Mariana, hasn’t, Joaquim Ferreira, Coco Gauff, Ekaterina Alexandrova, Madison Keys Organizations: CNN — Tennis, All England Club, Wimbledon, Roland, Queen's, USA, Sports, Reuters, Queen’s, Getty, Stuttgart, Eastbourne International, Czech, Stade Roland, Bad, Junior Wimbledon, Bernarda Pera, BBC, ESPN, Tennis Channel Locations: London, Paris, Germany, Wimbledon, Kazakhstan, Australia, United Kingdom
Five top contenders for the Wimbledon women's crown
  + stars: | 2023-06-30 | by ( ) www.reuters.com   time to read: +5 min
[1/5] Jun 10, 2023; Paris,France; Iga Swiatek (POL) returns a shot during the French Open final against Karolina Muchova (CZE) on day 14 at Stade Roland-Garros. Mandatory Credit: Susan Mullane-USA TODAY Sports/File photoJune 30 (Reuters) - Five top contenders for the women's title at Wimbledon, which starts on Monday. The 22-year-old exited last year's Championships in the third round and is yet to demonstrate her strengths consistently on grass. ARYNA SABALENKA (BELARUS)* World ranking: 2The big-hitting Belarusian has polished her game this year and become less erratic with her shot-making, which helped her win the Australian Open in January. The 33-year-old, who stunned Elena Rybakina to win the Miami Open, has not reached a Wimbledon quarter-final since her title run in 2014.
Persons: Iga Swiatek, Karolina Muchova, Susan Mullane, Swiatek, Ash, SABALENKA, Sabalenka, Roland Garros, Alexander Lukashenko, ELENA RYBAKINA, Rybakina, PETRA KVITOVA, Kvitova, Elena Rybakina, KAROLINA MUCHOVA, raring, Iga, Muchova, Aryna, Hritika Sharma, Christian Radnedge Organizations: Stade Roland, Garros, Wimbledon, IGA, All England Club, Bad, Eastbourne, Indian, Miami, All England, Thomson Locations: Paris, France, POLAND, Bad Homburg, BELARUS, Iga, Madrid, Belarusian, Belarus, KAZAKHSTAN, Berlin, Moscow, Indian Wells, CZECH REPUBLIC, Eastbourne, Hyderabad
Magsaman is the founder of the International Arts + Mind Lab, Center for Applied Neuroaesthetics at Johns Hopkins University School of Medicine and Ross is the vice president of hardware design at Google. Listening to music or watching a play can help build stronger prefrontal cortex skills like memory. This doesn't mean you have to go out and buy your kid a piano or pay for painting classes. Doesn't matter, Ross says. "It's not about whether the art is good or bad, it's the act of engaging in the art whether it's the making or the beholding" that improves cognition, says Ross.
Persons: Susan Magsaman, Ivy Ross, Ross Organizations: International, Center, Applied Neuroaesthetics, Johns Hopkins University School of Medicine, Google
BlackRock says AI 'mega-force' to buck tough macro trend
  + stars: | 2023-06-28 | by ( ) www.reuters.com   time to read: +2 min
June 28 (Reuters) - Shares of AI-focused companies will be a major driver of returns for developed markets in a tough economic environment, BlackRock Investment Institute said, citing an unusually concentrated rally in a handful of technology stocks. "We think this unusual equity market shows a mega force like AI can be a big driver of returns even when the macro environment is not your friend," BlackRock Investment Institute's team wrote in a mid-year outlook note. The institute, an arm of the world's biggest asset manager, has an over-weight allocation for AI-related shares in developed markets. "We think this is an environment that is going to persist," Jean Bovin, Head of the BlackRock Investment Institute told reporters on Wednesday. BlackRock said it expects central banks in developed economies to keep rates steady at a high level regardless of possible episodes of financial instability.
Persons: Jean Bovin, BlackRock, Susan Mathew, Davide Barbuscia, Sinead Carew, Anil D'Silva, Barbara Lewis Organizations: BlackRock Investment Institute, Investment, Thomson Locations: BlackRock, Japan, Bengaluru, New York
Sex on the Run? No, We Parked.
  + stars: | 2023-06-28 | by ( Anna Martin | Julia Botero | Christina Djossa | ) www.nytimes.com   time to read: +1 min
Having sex in a car is usually a last resort, born from the trappings of youth. But, without a private place to go to, they found themselves having sex in the back seat of the teamster’s car. Today, Susan shares how car sex turned into something deeper. Want more from Modern Love? We also have swag at the NYT Store and two books, “Modern Love: True Stories of Love, Loss, and Redemption” and “Tiny Love Stories: True Tales of Love in 100 Words or Less.”
Persons: Susan Silas, Susan, , Anna Martin, Julia Botero, Christina Djossa, Elyssa Dudley, Hans Buetow, Sara Sarasohn, Jen Poyant, Sophia Lanman, Maddy Masiello, Rowan Niemisto, Pat McCusker, Dan Powell, Daniel Jones, Miya Lee, Mahima Chablani, Jeffrey Miranda, Renan Borelli, Nina Lassam, Julia Simon, Anna Diamond,
Total: 25