Skip to main content

Featured

Taylor Swift’s $700K Vintage Diamond Ring Steals the Spotlight

                                                        Travis Kelce and Taylor Swift; Swift's engagement ring.     Taylor Swift’s engagement to NFL star Travis Kelce has set the internet ablaze — and not just because of the romance. The pop icon’s dazzling engagement ring, revealed in a series of Instagram photos, is estimated by diamond experts to be worth around $700,000 . Designed by Kindred Lubeck of Artifex Fine Jewellery, the ring features a 12-carat old mine or cushion-cut diamond set in warm yellow gold, with intricate filigree detailing. The vintage-inspired design reflects Swift’s well-known love for timeless, romantic aesthetics, reminiscent of her Folklore and Evermore eras. Fans have been quick to spot possible hidden meanings, including a tiny “T” detail on the band — a subtle nod to the couple...
Post a Comment
Read more

article

Labels

Dow Jones Industrial Average Closes at Second-Straight Record High as Big Tech Kicks Off Earnings

 

The Dow Jones Industrial Average (DJIA) closed at a second-straight record high on Tuesday, as quarterly earnings from big tech companies were released and economic data showing ongoing labor market strength was digested. The Federal Reserve also kicked off its two-day meeting on Tuesday.

Microsoft, Alphabet, and AMD kicked off the earnings season for big tech with better-than-expected quarterly earnings. The trio’s earnings come just ahead of earnings from Amazon, Apple, and Meta due later this week. Collectively, the market capitalization of Alphabet, Microsoft, Apple, Amazon, and Meta accounted for the bulk of S&P 500’s 24% gain in 2023.

In other tech news, Super Micro Computer rose more than 3% after the data center hardware maker reported second-quarter results that topped Wall Street estimates amid a boost from artificial intelligence-led demand.

General Motors’ stock rose nearly 7% after the auto giant provided investors with an upbeat outlook for 2024 and signaled more capital could be returned to shareholders.

The U.S. Labor Department’s latest Job Openings and Labor Turnover Survey, a measure of labor demand, showed job openings in December climbed to 9.03 million, above economists’ estimates of 8.75 million. The ongoing signs of labor market strength arrived on the heels of data showing consumer confidence jumped to a 2-year high. The duo of reports, signaling economic strength, pushed 2-year Treasury yields higher, as investors bet that the data will likely encourage the Fed to maintain its higher-for-longer rate regime as the central bank kicked off its two-day meeting.


Labels:

Comments

Post a Comment