The Nasdaq has experienced a volatile week marked by earnings from major tech companies and concerns over chipmakers. Despite early gains, the index has traded flat, extending its six-day losing streak. Experts believe that the current correction is consistent with the pattern of bull markets, which typically involve steady gains interrupted by sharp declines. They remain optimistic that the market is still in a bull market Despite the bearish sentiment. Additionally, the rise in Treasury yields is seen as a challenge for tech stocks. The catalyst for tech’s recovery is likely to be a downturn in US economic data, particularly inflation.
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Katie Holmes’ off-duty wardrobe exudes a masculine spirit with feminine touches. Her oversized sweater, wide-legged jeans, and masculine accessories contrast with her velveteen Mary Jane slippers and Suri’s hyper-femme corset top. Holmes’ daughter, Suri, also exhibits a similar relaxed approach to fashion, combining tomboy-ish elements with feminine pieces.
Experts from Harvard School of Public Health have revealed the best foods to consume to reduce the risk of developing diabetes, cancer, and dementia. These foods are packed with high anti-inflammatory properties. By making the right snack choices, you could dramatically reduce inflammation and improve your overall health. Some of the recommended foods include tomatoes, blueberries, olive oil, green leafy vegetables, nuts, and fatty fish.
Popular retailer Express Inc., which has operated a store in the Staten Island Mall for years, has filed for bankruptcy. The company announced plans to close more than 100 locations as part of a restructuring effort.
Oregon State star offensive tackle Taliese Fuaga is expected to be selected in the first round of the 2024 NFL Draft. Several mock drafts have him going to the Pittsburgh Steelers, Cincinnati Bengals, or Los Angeles Chargers, with the latter being a potential landing spot due to their need for offensive line improvement and head coach Jim Harbaugh’s focus on building from the line.
Express Inc., the fashion retailer, has filed for Chapter 11 bankruptcy protection and plans to sell most of its stores. The move will include shuttering 95 Express retail stores and all UpWest stores, with closing sales beginning immediately. Express says it will continue to operate as usual amidst the bankruptcy filing.
Nigerian crossdresser Bobrisky has made a donation of chairs to the Nigerian Correctional facility after spending 12 days in prison. The chairs, inscribed with his name, are intended for the prison’s visiting area. Meanwhile, the Nigeria Correctional Service (NCoS) has denied claims that Bobrisky was transferred from the Ikoyi custodial centre to Kirikiri prison.
The Detroit Pistons, after finishing with the worst record in the NBA for two consecutive seasons, are set to undergo a significant shift in their organization. A new head of basketball operations will take the reins and determine the future of general manager Troy Weaver and the coaching staff.
A 30-year-old man in Rajasthan allegedly murdered his bed-ridden father after an altercation on Sunday morning. The incident came to light in the evening when the deceased’s wife returned home and found her son sitting beside the body. The accused, identified as Mahaveer Meghwal, is believed to be a drug addict and mentally challenged.
Truist Financial Corporation (TFC) reported adjusted EPS of 90 cents in Q1, exceeding the consensus estimate of 80 cents but falling short of $1.05 a year ago. Revenue declined to $4.87 billion from $5.34 billion a year earlier, missing the consensus forecast of $5.7 billion. Key factors contributing to the results include a decline in net interest income due to lower earning assets and higher funding costs, as well as an increase in noninterest income driven by investment banking and trading activities.