[이데일리 이주영 기자]The Nasdaq index is rising due to the performance of the semiconductor sector. At 11:45 am on the 6th (local time), the Nasdaq index rises 0.74% from the previous trading day.
At the same time, the S & P 500 index rose 0.6%, while the Dow index, on the other hand, reduced its progress and remained in the strong combined range of 0.15%.
Although the impact of this week’s economic indicators is very small, the market is expected to pay more attention to the performance of individual stocks such as Lucid, Rivian, and Disney, as well as comments from members of the Federal Reserve Board.
Meanwhile, Micron Technology is showing strong performance thanks to favorable reviews from securities firms, and the semiconductor sector is also on the rise.
Before the market opened that day, Baird assessed that Micron Technology (MU) had risen more than 30% this year, but there was still room to rise further.
Additionally, reflecting these expectations, the target stock price was raised from $115 to $150.
This means that there is room for an additional increase of 30% compared to the closing price of the previous trading day.
Do You Make Transfers At Banco Azteca, Santander…
You do transfers in Banco Azteca, Santander and BBVA? We tell you what are the forbidden words as payment.
And you should know that this item, although it may seem simple, helps both the banks and the users themselves, to know the origin and reason for the movements in the accounts.
For this reason, it is important that you keep in mind that the use of an incorrect word can attract attention from entities such as the Tax Administration Service (SAT).
What are the prohibited words in terms of payment for your transfers at Banco Azteca, Santander and BBVA?
It is important that you know that choosing a bad word, to use it as a payment for your bank transfers, could attract the attention of tax authorities.
This since they could interpret that you seek to hide the origin and reason of your banking transactions.
Furthermore, according to the seriousness of the word, such as weapons or crimes and even rudeness, even if it is a joke for a friend, could set off an alertboth in the SAT, and even other agencies.
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You should know that banks like Banco Azteca,
The Impact Of Rising Costs On Major Brands:…
Consumer Concerns Over Rising Costs
Recent reports indicate that consumers are facing significant pressure due to continuous price hikes, impacting popular brands and chains across America.
Impact on Major Chains
According to a recent Wall Street Journal article, chains like Starbucks, Wendy’s, and McDonald’s are experiencing a decline in consumer interest as prices remain high.
Additionally, products are reportedly staying on shelves longer than usual, as loyal customers are becoming increasingly reluctant to spend more on groceries.
Financial Struggles
David Tawil, President of Prochain Capital, highlighted the challenges consumers are facing, citing a rise in credit card delinquencies and the weakening performance of mid-market companies.
He mentioned the closure of well-known stores like rue21 and Sam Ash, emphasizing the financial strain on businesses in the current economic climate.
Industry Response
In response to these difficulties, major companies are exploring new strategies to attract customers, including the introduction of promotions and discounts.
It is evident that the impact of rising costs is widespread, with large restaurant chains and food manufacturers reporting declining sales due to consumer reluctance to pay inflated prices.
Changing Consumer Behavior
Individuals like Denis Montenaro from California are shifting their purchasing habits,
Income Tax General Order Issued To Block Mobile…
Income Tax General Order has been issued to block mobile SIMs, it has been decided to extend the scope to 14 lakh users. Earlier, PTA had refused to block Sims on the ground that there was no law.
The Federal Board of Revenue (FBR) may take SIMS blocking action against 1.4 lakh non-filers who are not included in the Active Tax Payers List (ATL).
In this regard, according to the report of Business Recorder, Asif S Kasbati, senior tax expert of PBC Core Tax Committee, predicted that the SIMs of more than 14 lakh people on the Active Tax Payers List (ATL) can be blocked. .
It may be recalled that the FBR has issued an ITGO to deactivate the mobile phone SIMs of 56,671 people who are not included in the Active Tax Payers List (ATL). , and these persons are liable to file income tax returns for the tax year 2023 under the provisions of the Income Tax Ordinance.
Tax expert Asif S. Kasbati said that the FBR has issued the Income Tax General Orders (ITGOs) on 29 April 2024, with the aim of submitting them to the Active Tax Payers List (ATL) for the tax year 2023.
OIL COMPANY Madagascar Oil Undermined By Lawsuits
The Tsimiroro heavy oil exploitation site of Madagascar oil
Information is pouring in regarding the completion of the financial restructuring of Madagascar Oil SA. According to our sources, the Supreme Court of the Bermuda Islands approved, on April 2, the financial restructuring proposal presented by the shareholder Benchmark Group. This decision also authorizes the acquisition by the latter of all the shares of Madagascar Oil Ltd, based in Mauritius, holder of 99% of the shares of Madagascar Oil SA. According to information, this Court had already ordered this financial restructuring in February 2023 following a request from a creditor of the parent company of Madagascar Oil SA.
These same sources indicate that during the company’s General Assembly, held a few days later, among the first decisions taken unanimously was the replacement of the General Administrator. Willy Ranjatoelina and Charlie Thurnston are appointed to this function, in accordance with the provisions of the Companies Law in Madagascar. The person concerned is immediately notified by an officer appointed by the Supreme Court of Bermuda, but immediately contests his dismissal and takes the matter to the Commercial Court. Madagascar Oil is far from coming out of the woods.
And as if that were not enough,
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Xiaomi Will Not Call Its Supercar Modena, Mayor…
#Xiaomi #call #supercar #Modena #Mayor #Muzzarelli #rejoices #Gazzetta #Modena
MODENA. «The Chinese car manufacturer Xiaomi communicated to Mimi that will not promote the SU7 carproduced 100% in Chinesewith the denomination “Modena”as highlighted so far in the media after the presentation event on December 28th Beijing».
The Ministry of Business and Made in Italy announced this in a note.
THE NOTE FROM THE MINISTRY OF BUSINESS AND MADE IN ITALY
«The company – explained Mimit – has assured that it intends to respect the Italian rules on false indications, including the regulation on geographical indications. Communication and marketing campaigns that could mislead consumers will not be promoted. Mimit informed the company of the current legislation to protect consumers and national producers”.
READ ALSO The SU7 is Chinese and electric, but Xiaomi calls it Modena
THE NOTE FROM THE CHINESE COMPANY XIAOMI
The new electric vehicle will be called “Xiaomi SU7”, while “Modena” is only the internal name of a project, as well as the identifier of the architecture of the “Xiaomi EV Modena Architecture” platform.
Belgiums Controversial Asylum Policy Sparks Debate In The…
An asylum seeker in a tent on a square in Brussels, last September
The formation parties PVV, VVD, NSC and BBB want “more control on migration”, as happened today again from an illustrated negotiation document. Behind the scenes, negotiators are referring to measures from Belgium as an option to deal with the reception problem.
But how do you like this policy in Belgium?
A priority for families
Belgium’s measure last August was surprising: single male asylum seekers would no longer receive shelter and food. The reason was the great lack of places for asylum seekers.
“If we have a lack of places, despite all efforts to find extra beds … well, I will give priority to families with children,” said Secretary of State De Moor about the decision.
Since then, men have been able to register as asylum seekers when they arrived at the registration center, but then have to wait on the street. They are, however, claiming a place in a homeless shelter. However, there is not room for everyone there: in Brussels alone there are more than 7,000 homeless people, and there are 5,000 shelters for them.
The men who travel through Brussels receive help from a charity that provides food and other groceries,
Streaming TV Conquers Millennials And Zoomers
Thanks to the quality of the contents and the flexibility of use, 8 out of 10 Italians, Millennial e Zooming first of all, they would watch content on piattaforme in streaming up to two hours a day, split between Connected tv (51%, up from 49% in 2022) e YouTube (27%). This was revealed by a specific study conducted by YouGov on behalf of the global advertising technology platform The trade deskwhich involved 1,286 adults in the period between 20 and 30 June 2023.
On an annual basis, Zoomers would have chosen streaming TV in 74% of cases64% traditional and 64% YouTube while i Millennial they would have oriented themselves in 80% of cases on streaming TV, in 69% on traditional TV and in 64% on YouTube. The members of the Gen X (44-59 years) would in turn prefer traditional TV in 81% of cases, streaming in 72% and YouTube in 64%. The most traditionalists would be i Baby Boomer (60-78 years) who would appreciate traditional TV (90% of cases) compared to streaming TV (59%) and YouTube (52%). Furthermore, the majority of those interviewed would prefer the Connected tv to traditional TV for the qual ity of the content (70%) and for the flexibility of use (64%).