Latest news with #Hogan
Business Times
9 hours ago
- Business
- Business Times
US: Nasdaq ends six-day streak of records
[NEW YORK] The Nasdaq retreated from a record Tuesday on a mixed day for stocks as markets looked ahead to upcoming earnings reports from Google parent Alphabet and Tesla. The two reports on Wednesday are the first of Wall Street's 'Magnificent Seven' equities to report this season. The group was mixed, with drops in Nvidia and other semiconductor equities consistent with profit taking after earlier gains, analysts said. The tech-rich Nasdaq fell 0.4 per cent to 20,892.69, snapping a six-day streak of record high finishes. But the broad-based S&P 500 edged up 0.1 per cent to 6,309.62, finishing at a record, while the Dow Jones Industrial Average climbed 0.4 per cent to 44,502.44. Art Hogan of B. Riley Wealth Management described the market as in a 'wait and see' mode ahead of earnings from the most influential equities. Stocks are priced for perfection, Hogan added. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up 'It's a difficult earnings season where expectations are really low but stocks are already priced very high,' he said. Among individual companies, General Motors dropped 8.1 per cent despite reporting better than expected quarterly earnings. While the automaker confirmed its full-year forecast, it said profitability in the second half of 2025 would lag the first part of the year, in part due to the increased impact of tariffs. Lockheed Martin was another big loser, shedding 10.8 per cent after its results were dented by around US$1.7 billion in one-time costs. But DR Horton surged 17 per cent after the homebuilder's results topped estimates. said the homebuilder's earnings outperformed competition, establishing it as 'a potential leader in navigating the challenging housing market.' AFP
Straits Times
10 hours ago
- Business
- Straits Times
Nasdaq ends six-day streak of records
Find out what's new on ST website and app. Traders working on the floor of the New York Stock Exchange, in New York City. NEW YORK - The Nasdaq retreated from a record on July 22 on a mixed day for stocks as markets looked ahead to upcoming earnings reports from Google parent Alphabet and Tesla. The two reports on July 23 are the first of Wall Street's 'Magnificent Seven' equities to report this season. The group was mixed, with drops in Nvidia and other semiconductor equities consistent with profit taking after earlier gains, analysts said. The tech-rich Nasdaq fell 0.4 per cent to 20,892.69, snapping a six-day streak of record high finishes. But the broad-based S&P 500 edged up 0.1 per cent to 6,309.62, finishing at a record, while the Dow Jones Industrial Average climbed 0.4 per cent to 44,502.44. Mr Art Hogan, of B. Riley Wealth Management, described the market as in a 'wait and see' mode ahead of earnings from the most influential equities. Stocks are priced for perfection, Hogan added. 'It's a difficult earnings season where expectations are really low but stocks are already priced very high,' he said. Top stories Swipe. Select. Stay informed. Singapore Two found dead after fire in Toa Payoh flat Singapore Singaporeans aged 21 to 59 can claim $600 SG60 vouchers from July 22 Singapore Singaporeans continue to hold world's most powerful passport in latest ranking Singapore Singapore, Vietnam agree to step up defence ties, dialogue between leaders Asia Malaysia govt's reform pledge tested as DAP chief bows over unresolved 2009 death of political aide Tech Singapore to increase pool of early adopters in AI to complement data scientists, engineers Singapore Prosecution says judge who acquitted duo of bribing ex-LTA official had copied defence arguments Singapore Ports and planes: The 2 Singapore firms helping to keep the world moving Among individual companies, General Motors dropped 8.1 per cent despite reporting better than expected quarterly earnings. While the automaker confirmed its full-year forecast, it said profitability in the second half of 2025 would lag the first part of the year, in part due to the increased impact of tariffs. Lockheed Martin was another big loser, shedding 10.8 per cent after its results were dented by around US$1.7 billion (S$2.1 billion) in one-time costs. But DR Horton surged 17 per cent after the homebuilder's results topped estimates. said the homebuilder's earnings outperformed competition, establishing it as 'a potential leader in navigating the challenging housing market.' AFP
RTHK
10 hours ago
- Business
- RTHK
Nasdaq ends six-day streak of records
Nasdaq ends six-day streak of records The S&P 500 inched to another record on Tuesday following some mixed profit reports, while the Nasdaq slipped 0.4 percent. Photo: Reuters The Nasdaq retreated from a record on Tuesday on a mixed day for stocks as markets looked ahead to upcoming earnings reports from Google parent Alphabet and Tesla. The two reports on Wednesday are the first of Wall Street's "Magnificent Seven" equities to report this season. The group was mixed, with drops in Nvidia and other semiconductor equities consistent with profit taking after earlier gains, analysts said. The Nasdaq fell 0.4 percent to 20,892, snapping a six-day streak of record high finishes. But the S&P 500 edged up 0.1 percent to 6,309, finishing at a record, while the Dow Jones climbed 0.4 percent to 44,502. Art Hogan of B Riley Wealth Management described the market as in a "wait and see" mode ahead of earnings from the most influential equities. Stocks are priced for perfection, Hogan added. "It's a difficult earnings season where expectations are really low but stocks are already priced very high," he said. Among individual companies, General Motors dropped 8.1 percent despite reporting better than expected quarterly earnings. While the automaker confirmed its full-year forecast, it said profitability in the second half of 2025 would lag the first part of the year, in part due to the increased impact of tariffs. Lockheed Martin was another big loser, shedding 10.8 percent after its results were dented by around US$1.7 billion in one-time costs. But DR Horton surged 17 percent after the homebuilder's results topped estimates. said the homebuilder's earnings outperformed competition, establishing it as "a potential leader in navigating the challenging housing market." (AFP)
Sky News AU
a day ago
- Entertainment
- Sky News AU
'Put that in my will': Crocodile Dundee star Paul Hogan's final wish to return home to Australia revealed as he opens up about family and health at 85
Paul Hogan has spoken candidly about his health, family and legacy in a new interview, revealing the deeply personal- and unmistakably Aussie- farewell wish he's now made official in his will. The 85-year-old comedy legend, who now lives in Los Angeles, told Channel Seven's Sally Bowrey that when the time comes, he wants his ashes scattered from Sydney's iconic Harbour Bridge a place that holds deep personal meaning, given his early years spent working on it as a rigger. "I want my ashes scattered off the Harbour Bridge," he told Bowery in an interview, which aired Monday. "I put that in my will." While Hogan has travelled between LA and Sydney in recent years, his most recent trip in May sparked concern after he was spotted being wheeled through the airport by Qantas staff. But true to form, Hogan laughed off the attention with his trademark grin. "They got me in a wheelchair," he said. When asked directly about his health, Hogan didn't shy away. "Well, I have arthritis, and I have a knee, which, much to my embarrassment, I injured skateboarding… I'm an 80-plus skateboarder," he laughed. Bowrey praised his spirit, saying skateboarding as an octagenarian was no small feat. "Well, I've been a late starter all my life," Hogan replied. The Crocodile Dundee star, who penned the now-iconic script in just four weeks, reflected on his unlikely rise from blue-collar worker to global superstar. "One minute I'm a blue-collar worker on the Harbour Bridge, and next minute I'm meeting the Queen," he recalled. Born in Parramatta in 1939, Hogan first found fame in a chance appearance on the Nine Network's New Faces program, which led to a television career and a fateful partnership with the late John Cornell, his best mate and co-creator of both The Paul Hogan Show and Crocodile Dundee. At age 46, with four kids already, Hogan became an international sensation thanks to the 1986 blockbuster, winning a Golden Globe and scoring an Oscar nomination for Best Original Screenplay. Despite the fame, Hogan says he still finds media attention overwhelming, especially when it comes to his youngest son, Chance, whom he shares with ex-wife and Croc Dundee co-star Linda Kozlowski. "I get a bit annoyed with the press I get off the rags from my 'troubled son' Chance," he said. "He's pretty clever, because he knows… there's this paparazzi guy who lives down our street, and he plays it up. But he's actually a hero." Hogan added that Chance is still working hard to build his own career. The 27-year-old is currently the lead singer of punk band Rowdy P. "As soon as he does, I'll be back here (in Australia)- unless he comes with me, then I'll be back sooner," Hogan said. Bowrey said the interview left her touched by Hogan's signature wit and warmth. "He still has that gorgeous twinkle in his eye," she revealed after the interview on Sydney's 7NEWS. "He's just the most delightful person to interview and spend time with."
The Journal
a day ago
- Politics
- The Journal
Over half of those staying at Athlone asylum centre could begin to leave next week, High Court hears
MORE THAN 70 asylum seekers staying at a controversial asylum seeker centre in Athlone have been offered alternative housing while the government prepares emergency legislation to fast-track refugee accommodation, the High Court has heard. At the court today, senior counsel Aoife Carroll, for the government, told Ms Justice Emily Farrell that of the remaining 125 people at the accommodation centre, 70 people had received offers of alternative accommodation and that the court should know their answers next week. Last month, Ms Carroll told the court that 137 people were in emergency accommodation at the facility but that figures were dropping as alternative accommodation was being sought. The High Court action was taken by Independent Ireland councillor for Moate-Athlone District Paul Hogan, who successfully applied to the court in December for a judicial review, arguing that the expedited development was unlawful. The State has conceded to the court that the statutory instrument used to expedite the construction of the facility was 'invalid' and is working on repairing legislation. A Statutory Instrument is a secondary legislation, made by a Minister, modifying or supplementing existing laws. Councillor Hogan is taking the case against the office of the Minister for Children, Equality, Disability, Integration and Youth. Councillor Hogan claimed the Minister failed to adequately 'screen' the project for potential environmental impacts and that the Minister lacked the expertise to carry out such assessments in such an expedited manner. Protests have been held in Athlone over the plan to further develop army-tent accommodation for a possible 1,000 asylum seekers. Advertisement Last month, Ms Justice Farrell said she would defer judgment quashing the use of the Statutory Instrument used to develop the emergency accommodation at Lissywollen in Athlone, Co Westmeath. Ms Justice Farrell had said she wanted to wait for updates and to see draft legislation from the Oireachtas. The government submitted it intended to remedy the legal issue over the bypassing of environmental assessments for the accommodation. Today, Ms Carroll said the department was continuing to work to reduce the number of people at the facility but that there was 'significant pressure' on the system. Regarding the repairing legislation, Ms Carroll said 'we have not made the progress hoped'. Ms Carroll said that 'significant work' had been done on a general scheme and that it was hoped this would go for drafting in preparation for legislation. Ms Carroll again asked for the court not to make final orders in the matter and to maintain the status quo pending the legislation which is hoped to be put to the Dail in November. Ms Justice Farrell adjourned the matter to next week but warned she could not keep deferring final orders when the government had 'ample opportunity' to put legislation before the Dáil. David O'Brien BL, for Councillor Hogan, said the government indicating 'loose dates' had been 'a regrettable motif' in the case. Any November date for the legislation to come before the Dáil, which was indicated to the court in May, had been initially 'unrealistic… now, it is at the point of untenable' and his client was left 'without a modicum of explanation', he said. Councillor Hogan claims the ministerial process employed was 'unlawful, irrational and a breach of fair procedures'. Readers like you are keeping these stories free for everyone... A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation. Learn More Support The Journal
