US Stock Diary｜The market is doing well and the Dow Jones Industrial Average breaks through the top, NVIDIA breaks through $700 for the first time (Xinhua News Agency via Getty Images)
All three major US stock indexes improved. The Dow Jones Industrial Average rose 156 points, closing at a new high for the 10th time this year. The S&P 500 Index reached the 5,000 point mark. Nvidia and Microsoft chip stocks have closed at new highs, with Nvidia closing above $700. Arm, a chip design stock that reported results after the market closed, reported better-than-expected results and raised its full-year guidance. It rose 40% after the market closed. Traditional auto stocks Ford and General Motors reported good results and their stock prices rose.
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State of the market on February 7 (Wednesday)
l The Dow Jones index rose 156.00 points, or 0.40%, to 38,677.36 points.
l The S&P 500 index rose 40.83 points, or 0.82%, to 4,995.06 points.
l The Nasdaq index rose 147.65 points,
Fish Production In The Governorate Amounts To 13…
Wasit – conscious
The Directorate of Agriculture in Wasit Governorate announced today, Friday, that fish production in the governorate has reached (13) thousand tons annually.
Deputy Director of Fisheries Resources in the Wasit Agriculture Directorate, Adnan Hussein, said in a special statement to the (INA), that “fish production in the governorate reached (13) thousand tons annually, and that Wasit Governorate possesses (198) clay fish ponds and (63) A pool of floating cages, as well as three closed fish farming projects, in addition to the water bodies represented by the Tigris River and the Dalmaj Marsh.”
He added, “The governorate has achieved self-sufficiency and exports all kinds of fish to the Iraqi governorates,” noting that “Wasit Governorate is ranked first among the governorates in fish production and is distinguished by the presence of different types of fish, including Caribbean, carp, and brown.”
For his part, agricultural engineer Haider Hussein Ibrahim indicated that “the Fisheries Department of the Wasit Agriculture Directorate opened the relevant departments, including the Wasit Police Command, in order to prevent overfishing operations,” noting that “the Fisheries Department coordinated with the relevant departments in order to prevent Throwing waste into the Tigris Basin to preserve fish wealth.”
It is noteworthy that Wasit Governorate is one of the most productive governorates for fish wealth due to the multiplicity of different species it produces,
The Looming Financial Crisis: Projected U.S. Debt To…
U.S. Debt Projections for the Next Decade
Recent reports indicate that the U.S. debt is expected to exceed $54 trillion over the next 10 years. This staggering figure highlights the growing concern over the country’s financial stability.
Increasing Deficit Forecast
According to new projections from the Congressional Budget Office (CBO), the U.S. deficit is set to soar in the coming decade. The CBO estimates show a significant increase in the budget shortfall, raising alarms about the nation’s fiscal health.
Challenges Ahead
Federal forecasters warn that the budget gap is projected to surpass $1.6 trillion this year alone, with further growth of over $1 trillion expected in the next decade. This worrying trend underscores the need for effective financial management and policy reforms.
Debt Limitation Efforts
A recent deal between President Biden and House Minority Leader McCarthy aims to curb the debt growth by $1.4 trillion, as reported by the CBO. This initiative seeks to address the escalating debt crisis and mitigate its long-term impact on the economy.
Rising Deficit Concerns
Another CBO report emphasizes that the U.S. deficit is projected to skyrocket in the upcoming decade. This anticipated surge in debt levels poses significant challenges for policymakers and underscores the urgency of implementing sustainable fiscal measures.
Warning To Investors About Zuckerbergs Martial Arts Hobby
Zuckerberg and some other managers engaged in “high-risk activities such as martial arts, extreme sports and recreational flying” that could “lead to serious injury and death,” Meta noted in the detailed report for last year published over the weekend.
It is the first time that the Facebook Group has included such a reference to its boss’s hobbies in its usual risk warnings for investors. As before, Meta also emphasized that if Zuckerberg were no longer available for whatever reason, this would have “significant negative consequences” for the business.
Zuckerberg has control over Meta thanks to shares with more voting rights than ordinary investors – and still has a leading role in determining the company’s strategy. Meta has billions of users on its services such as Facebook, Instagram and WhatsApp.
Related posts: »Read More
The European Union Agrees On A Draft Directive…
The last major decisions have been made. Thursday 1is February, the European Parliament and the European Council, whose views diverged, reached a political agreement on a “right to repair” reinforced, which will apply to several electronic and household appliances, including smartphones and screens.
According to this draft directive, consumers will be able to demand that their broken product be repaired by its manufacturer rather than replaced during its two-year legal warranty, provided that repair is cheaper than replacement. The manufacturer must continue to offer affordable repairs for five to ten years after sale, even if the product is no longer covered by warranty. On request, he must also give an estimate of the cost of the repair via an online service. In addition, any repair will entitle you to a one-year warranty extension, compared to six months today.
Still according to this European directive, manufacturers will no longer be able to use hardware or software techniques to hinder the repair of devices with generic spare parts or parts made using 3D printing. This could prevent Apple from restricting the operation of its iPhones when unofficial, and therefore not “serialized,” parts are installed. A big step forward,
Banks Obtain Historic Profits While Spaniards Lose Purchasing…
The benefits of the big banks known in the last week contrast with the crisis situation of ordinary Spaniards, who cannot buy a home (and start a family), You can’t emancipate yourself when you’re young. and is having more and more trouble maintaining his small business, and continue to lose purchasing power (610 euros less on average per year, according to the latest Adecco report).
He BBVA achieved a record net attributable profit of 8,019 million euros between January and December 2023, 22% more than the previous year. CEO Onur Genç stated that he expects to continue increasing its net profit in 2024. “Our forecasts include net profit continuing to grow,” he stated.
He Santander Bank also broke its record for the second consecutive year with an attributable net profit of 11,076 million euros, 15.3% more than the previous year. «Our objective is to deliver results in the short term and ensure that they grow and are sustainable in the future, and I am convinced that 2024 will be even better for Santander, with positive inertia in most of our businesses, despite the greater geopolitical risks and the slowdown of the global economy,” said the bank’s executive president,
Crypto Holders Pay Attention: Tax Authorities Eager With…
#Crypto #holders #pay #attention #Tax #authorities #eager #assessments
The new year has started again, which means that many people and companies have to file tax returns again. Extra money will also make the Tax Authorities happy again, but the agency has received a lot of criticism in the past few years. It turns out that it makes many people pay way too much tax.
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Many people pay too much tax
This is the conclusion of Inspector General Bart Snels of the Ministry of Finance to the AD. Of course, few people are fond of reporting their taxes. If no return is filed, the tax authorities will file taxes for that person. However, not everyone qualifies for this. which has led to unjustified fines in recent years.
It is not uncommon for people to lose track or forget to file a tax return due to circumstances. The tax authorities quickly hand out enormous fines if you forget to file your tax return, but according to Snels,
Yahoo! JAPAN Services No Longer Available In EEA…
From Wednesday, April 6, 2022, Yahoo! JAPAN is no longer available in the EEA and the United Kingdom
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2024-02-07 22:35:09
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Tim Rejects Mefs Offer On Sparkle: Not Satisfactory
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Tim’s board of directors examined the offer received from the Ministry of Economy and Finance for the purchase of Sparkle and «having deemed it unsatisfactory, it mandated the CEO, Pietro Labriola, to negotiate a different option with the MEF , with possible adjustments to the contractual conditions, on the assumption that Tim maintains a stake in the company for a specific period of time and supports the implementation of the strategic plan”.
The renewal of the board
The board, adds the note, also continued its activities in view of the presentation of a majority list for the renewal of the board, which will take place at the meeting called to approve the 2023 budget. As required by the procedure approved last January 18 , the president gave feedback on the preliminary engagement activities with the main shareholders, institutional investors and proxy advisors, and presented the proposal relating to the candidate selection criteria which was unanimously approved by the board of directors.