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Investopedia
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Investopedia
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NXP Stock Slumps After Chipmaker Issues Soft OutlookWatch This Key Price Level
~1.5 mins read
Shares in NXP Semiconductors N.V. (NXPI) fell sharply ahead of Tuesday’s opening bell after the Dutch-based chipmaker issued a weaker-than-expected current quarter outlook amid a slowdown in spending by automotive customers and rising geopolitical risks.
The company guided third-quarter net sales between $3.15 billion and $3.35 billion, with the high end of that forecast falling short of the $3.36 billion expected by analysts. It sees adjusted earnings in the period of $3.42 per share at the midpoint, missing the Street estimate of $3.61 a share.
For the three-month period ending June 30, sales in the chipmaker’s automotive segment contracted 7% from a year earlier to $1.73 billion, recording its largest quarterly revenue decline in more than three years, as customers in auto end markets reined in spending due to macroeconomic uncertainty.
Like other chipmakers, NXP also faces increasing geopolitical risks from Beijing’s volatile trade relations with Washington and Brussels, with tightening export curbs potentially slowing the company’s sales to China, a country that represented around 33% of NXP’s total revenue last year.
The chipmaker’s share price has oscillated within a rising wedge over the past twelve months helping to establish easily identifiable support and resistance areas. This well-known pattern, consisting of two upward-sloping converging trendlines, typically occurs after an uptrend and signals a potential reversal in a security's price.
Interestingly, share turnover has increased in recent trading sessions, possibly indicating market participants expect post-earnings volatility. Indeed, the stock sits poised to open sharply lower Tuesday, bringing the lower portion of the rising wedge pattern into play.
NXP shares were down 7.9% at $261.38 in recent premarket trading.
Looking ahead, investors should monitor the $248 level, an area on the chart where the price will likely find support from the wedge’s lower trendline. It’s also worth pointing out that there will be a greater chance of the stock resuming its longer-term uptrend from this level if the relative strength index (RSI) flashes an oversold reading below 30 at the same time.
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Mountainous
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Mountainous
10 REASONS WHY YOU SHOULDN'T RUSH INTO MARRIAGE JUST YET
~2.3 mins read
10 REASONS WHY YOU SHOULDN'T RUSH INTO MARRIAGE JUST YET
• So, most of your friends are getting married... except for you and your partner. To complicate matters, friends and family are already asking, "When is it your turn?". Sure, you're both in love and marriage seems to be the next logical step, but before you jump into a hasty decision, here are some reasons why you shouldn't give in to the pressure to tie the knot just yet:
1. You only get to experience the special time between falling in love and getting married once. Allow room for you and your partner to grow as individuals and for your relationship to grow naturally as a couple.
2. Speaking of which, consider your priorities in life before deciding on marriage. Make sure you are both on the same page about each other's career goals as well as personal achievements and experiences. In short, live your life to the fullest before thinking about settling down.
3. Rushing into marriage does not guarantee that the relationship will not fall apart. You don’t want to have regrets and wonder what things would have been like if you hadn't rushed into settling down so quickly with your partner.
4. Just because you haven't tied the knot, that doesn't mean your relationship is "incomplete". Not being married does not mean you are alone or that you don't have somebody to trust and to count on in times of need.
5. There are certain things you have to reflect upon before getting marriage. For one, the compatibility of you and your partner's characteristics and personalities. You might have known each other well enough to a certain extent, but are you ready to stand beside your partner in his or her ugliest phase of emotions?
6. Weddings can be expensive, so the both of you should evaluate your financial situations before deciding to get married. You don't want to spend your married life in debt, and you'd be surprised by how often couples fight because of money.
7. Marriage is a life-long commitment that comes with responsibilities, money, children, and routines which require maturity, hard work and compromise from both sides. Are the both of you mature enough to deal with all that?
8. Marriage is not just a union between you and your partner, it's a union between both your families. This is especially true for the Asian society, so you will have to be ready to face both positive and negative responses upon your relationship becoming official.
9. Trust is essential in any relationship, and it goes without saying that it applies in making a marriage work as well. Being married means you will be sharing almost every aspect of life with your partner, which includes - like it or not - coming clean about your emotional baggage with your partner and vice versa.
10. Ultimately, marriage is a decision that will last for you and your partner's entire life. Take all the time you need to really think about it and ask yourselves if you are both physically and emotionally ready to take the next step in your relationship.
May God help us to make the right choice in marriageðŸ™
Ogbonnaya99
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Ogbonnaya99
Computer Joke 9
~1.3 mins read
10. You ticked him off once and your next phone bill was $20,000.
9. He's won the Publisher's Clearing House sweepstakes three years running.
8. When asked for his phone number, he gives it in hex.
7. Seems strangely calm whenever the office LAN goes down.
6. Somehow he/she gets HBO on his PC at work.
5. Mumbled, "Oh, puh-leeez " 95 times during the movie "The Net "4. Massive RRSP contribution made in half-cent increments.
3. Video dating profile lists "public-key encryption " among turn-ons2. When his computer starts up, you hear, "Good Morning, Mr. President. "1. You hear him murmur, "Let's see you use that Visa card now, jerk. "
Software Engineer, a Hardware Engineer and a Branch Manager were on their way to a meeting. They were driving down a steep mountain road when suddenly the brakes on their car failed. The car careened almost out of control down the road, bouncing off the crash barriers, until it miraculously ground to a halt scraping along the mountainside. The car's occupants, shaken but unhurt, now had a problem: they were stuck halfway down a mountain in a car with no brakes. What were they to do? "I know," said the Branch Manager, "Let's have a meeting, propose a Vision, formulate a Mission Statement, define some Goals, and by a process of Continuous Improvement find a solution to the Critical Problems, and we can be on our way. "
"No, no," said the Hardware Engineer, "That will take far too long, and besides, that method has never worked before. I've got my Swiss Army knife with me, and in no time at all I can strip down the car's braking system, isolate the fault, fix it, and we can be on our way. "
"Well," said the Software Engineer, "Before we do anything, I think we should push the car back up the road and see if it happens again. "
Sammyesx
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Sammyesx
Ooni Of Ife Receives Imperial Royal Father Of The Year Awards In Abuja
~1.4 mins read
A renowned Nigeria Monarch and one of the most highly recognised and respected King from the Southwest region of Nigeria, His Imperial Royal Majesty, Oba Adeyeye Enitan Ogunwusi, Ojaja II, the Ooni of Ife, has received the prestigious Democracy Heroes Awards. He was conferred with the award of the Imperial Royal Father of the Year 2020,at the Democracy Heroes Award, though he was indisposed to attend the grande award occasion which was held on the 14th of October, at Transcorp Hilton Hotel, Abuja.
The distinguished award was presented to HRH, Oba Adeyeye Enitan Ogunwusi, Ojaja II by the Executive Director of Democracy Heroes Awards, Mr. Ajagbonna Fajag, who congratulated the Ooni of Ife for the well deserved honour. He also appreciated His Imperial Majesty for his support and contributions towards the advancement of democracy in Nigeria.
According to Abuja Press Correspondent, the Ooni of Ife was elated to have been honoured with such reputable and distinguished recognition. Oba Adeyeye Enitan Ogunwusi, Ojaja II, however appreciated the Organisers of Democracy Heroes Awards for the nomination and also expressed gratitude to Nigerians for their massive votes which earned him the award.
The Principal Executive Director of Face Of Democracy Organization, the organisers of Democracy Heroes Awards was accompanied by a prince Ishola, the Founder of Prince Ishola Foundation, alongside team members of Democracy Heroes Awards. Democracy Heroes Awards is one of the most recognised, attended and eventful award ceremonies held in Nigeria.
According to reports, the 14th October DHA 2020 witnessed the presence of Executive Ministers, state Governors, Senators, high profile CEOs and other notable Philanthropists, Entrepreneurs and public office holders cutting across all sectors and industries, who were recognised and honoured with several significant awards at the occasion. Some of the award recipients includes Her Excellency, the Wife of the President of the Federal Republic of Nigeria, Aisha Buhari, Gov. Bello Matawale, Gov. Nasir El Rufai, Dr. Geoffrey Onyema, Gov Nyesome Wike, Mrs Dame Pauline Tallen, Dr. Isa Pantami, Dr. Bello Maigari of NLTF, Abubakar Malami SAN, Sen. Bassy Albert, Sen Sani Uba amongst others.
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