Tyson Foods, one of the world's largest meat producers, has forecasted lower-than-expected annual revenue, causing its shares to slide. The company cited challenges in the labor market and rising costs as factors impacting its financial performance.
Shares of US regional banks are sliding as higher interest rates are dimming the profit outlook for these institutions. The rise in rates is expected to increase borrowing costs for consumers and businesses, potentially slowing down loan demand and impacting the profitability of regional banks.
AYANEO has unveiled its new gaming handhelds, the KUN and SLIDE, powered by AMD Ryzen 7 7840U APUs. The KUN is a top-tier flagship with cutting-edge specifications, including an 8.4" 2.5K resolution IPS screen and a massive 75Wh battery. It also features buttons on the back for enhanced control. The SLIDE offers a sliding screen mechanism and a keyboard, providing expanded usage options. AYANEO will showcase the devices on July 23rd and plans to launch them in August, competing with the likes of Steam Deck and ROG ALLY.
Texas Rangers shortstop Corey Seager sprained his right thumb during a headfirst slide in a game against the Los Angeles Dodgers. X-rays on Seager's thumb came back negative, and he is currently considered day-to-day. This is the second time this season that Seager has suffered an injury while running the bases.
The slide in US regional bank stocks has weighed on Wall Street, with the S&P 500 and Dow Jones Industrial Average both closing lower on Monday. The market was also impacted by concerns over rising Covid-19 cases and the upcoming US presidential election.
New York Yankees' Aaron Judge jammed his right hand/wrist during an awkward slide into third base in a game against the Minnesota Twins. Although he was tagged out and headed to the clubhouse with the trainers, he remained in the game. Losing Judge for any length of time would be a devastating blow to the Yankees, who have already been hit hard by injuries this season. The Yankees won the game 12-6, improving their record to 14-11 in the early going.