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Credit card data shows spending has remained relatively strong, but price sensitivity is rising, especially among lower-income consumers. Travel and experiences continue to see solid demand, but big-ticket home purchases have weakened amid economic uncertainty. Restaurant traffic has struggled as consumers dine out less frequently, citing affordability concerns. Discretionary purchases are under pressure as inflation squeezes budgets and consumers prioritize essentials over items like apparel.
⏲ 0:40 👁 405K
Anticipation for Saturday's Kentucky Derby is reaching fever pitch, but getting a ticket to the iconic event is costing fans a pretty penny. Veuer’s Maria Mercedes Galuppo has the story.
⏲ 0:54 👁 4.1M
D.A. Davidson analyst Gil Luria predicts a significant 28% drop in Nvidia's stock price from $864 to a target of $620 over the next year. Luria predicts major tech companies like Google, Amazon, Meta, and Microsoft will reach GPU capacity needs, reducing demand growth for Nvidia's chips. Some big customers are also turning to Nvidia's rival AMD for AI chips that are claimed to be better than Nvidia's for certain uses. While most analysts are bullish on Nvidia, others share concerns about high expectations not being sustainable and risks from tensions with China.
⏲ 0:40 👁 555K
The U.S. State Department released a statement accusing Russia of breaching the Chemical Weapons Convention (CWC) by using the choking agent chloropicrin against Ukrainian forces, CNBC reported on Thursday. The statement also mentioned Russia’s use of riot control agents, or tear gas, as a method of warfare in Ukraine, which also violates the CWC.
⏲ 0:49 👁 1.7M
Tom's Guide reviews the Weber Summit smart gas grill at CES 2024 in time for the barbecue season.<br/>The Weber Summit smart gas grill is packed with cool features and cooking functions. It offers an innovative, top-down infrared broiler and digital control system that makes grilling intuitive.
⏲ 2:37 👁 170K
Yum! Brands, owner of KFC, Taco Bell, and Pizza Hut, reported a 3% decline in same-store sales for the first quarter, which was expected due to inflation, consumer demand pressures, and geopolitical issues. Pizza Hut and KFC saw same-store sales declines of 7% and 2%, while Taco Bell grew by 1%. Starbucks reported a 4% drop in global comparable store sales driven by a 6% transaction decline, as more cautious consumers cut back. McDonald's comparable sales grew just under 2% in the first quarter, as the CEO noted broad consumer price pressures reducing discretionary spending.
⏲ 0:48 👁 1.2M
#faisalkarimkundi#aliamingandapur #dgispr #9mayincident #ishaqdar #bulletin <br/><br/>May 9 perpetrators will have to be punished as per Constitution: DG ISPR<br/><br/>Gold rates drop in Pakistan<br/><br/>Shaukat Aziz Siddiqui’s retirement notification issued<br/><br/>No way to impose governor’s rule in KP, says Faisal Karim Kundi<br/><br/>Nawaz Sharif seeks acquittal in Toshakhana reference<br/><br/>Naqvi directs for accelerating action against overbilling, power theft<br/><br/>Regional passport offices in Lahore, Karachi begin 24/7 operations<br/><br/>Japan announces scholarships for Pakistani students<br/><br/>Matriculation exams commence in Karachi<br/><br/>IHC judges’ letter: SC resumes suo motu hearing on judicial meddling<br/><br/>PML-N’s general council meeting rescheduled<br/><br/>Follow the ARY News channel on WhatsApp: https://bit.ly/46e5HzY<br/><br/>Subscribe to our channel and press the bell icon for latest news updates: http://bit.ly/3e0SwKP<br/><br/>ARY News is a leading Pakistani news channel that promises to bring you factual and timely international stories and stories about Pakistan, sports, entertainment, and business, amid others.
⏲ 14:58 👁 140K
Goldman Sachs predicts Nvidia stock will surge another 22% as it believes it is still undervalued compared to its peers. Despite nearly doubling this year, Nvidia's valuation is still relatively cheap, given its fast growth rate. Goldman was encouraged by comments from major tech companies that they will increase spending on AI infrastructure in 2025 following elevated investment in 2024. Goldman raised its price target for Nvidia stock to $1100, representing 22% upside from current levels.
⏲ 0:36 👁 135K
NDLEA Intercepts 40ft Gas Tanker Filled With Cannabis In Abuja ~ OsazuwaAkonedo #IllicitDrugs #Abia #Abuja #Anambra #cannabis #Lagos #Nigeria #SouthAfrica #Tanker Nigeria Anti Drugs Police, National Drug Law Enforcement Agency, NDLEA Has Intercepted A Tanker Filled With Bags Of Cannabis In Abuja. https://osazuwaakonedo.news/ndlea-intercepts-40ft-gas-tanker-filled-with-cannabis-in-abuja/05/05/2024/ #NDLEA Published: May 5th, 2024 Reshared: May 5, 2024 10:46 pm
⏲ 5:35 👁 715K
Palantir's stock has risen significantly in the past year, but its first-quarter earnings did not meet investors' expectations, causing a 15% drop in stock price. However, analyst Daniel Ives sees this as a good opportunity to invest in Palantir's AI platform, which is performing well. With a growing client base and shorter sales cycles, Palantir is expected to continue its growth trajectory. Ives has given the company an Outperform rating and a $35 price target, while other colleagues have a more cautious outlook.
⏲ 0:35 👁 115K
Solar-panel installation firms are reporting a four-fold increase in orders in comparison to previous years. Ruth Jackson-Kirby explains how solar can help keep your energy bill down.
⏲ 2:9 👁 115K
A global report indicates that 2023 likely saw the peak of electricity generation and greenhouse gas emissions from fossil fuel-fired power plants, a significant shift as renewables now account for 30% of global electricity. Electricity from fossil fuels is projected to decline by 2% in 2024 and continue falling long-term as the renewable transition accelerates. However, without the US, global gas use for electricity would have declined in 2023, but the US significantly ramped up gas generation.
⏲ 0:51 👁 110K
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