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Luigi Nicholas Mangione, the suspect in the fatal shooting of a healthcare executive in New York City, apparently was living a charmed life: the grandson of a wealthy real estate developer, valedictorian of his elite Baltimore prep school and with degrees from one of the nation's top private universities. Friends at an exclusive co-living space at the edge of touristy Waikiki in Hawaii where the 26-year-old Mangione once lived widely considered him a “great guy,” and pictures on his social media accounts show a fit, smiling, handsome young man on beaches and at parties. Now, investigators in New York and Pennsylvania are working to piece together why Mangione may have diverged from this path to make the violent and radical decision to gun down UnitedHealthcare CEO Brian Thompson in a brazen attack on a Manhattan street. The killing sparked widespread discussions about corporate greed, unfairness in the medical insurance industry and even inspired folk-hero sentiment toward his killer. But Pennsylvania Gov. Josh Shapiro sharply refuted that perception after Mangione's arrest on Monday when a customer at a McDonald's restaurant in Pennsylvania spotted Mangione eating and noticed he resembled the shooting suspect in security-camera photos released by New York police. “In some dark corners, this killer is being hailed as a hero. Hear me on this, he is no hero,” Shapiro said. “The real hero in this story is the person who called 911 at McDonald’s this morning.” Mangione comes from a prominent Maryland family. His grandfather, Nick Mangione, who died in 2008, was a successful real estate developer. One of his best-known projects was Turf Valley Resort, a sprawling luxury retreat and conference center outside Baltimore that he purchased in 1978. The Mangione family also purchased Hayfields Country Club north of Baltimore in 1986. On Monday, Baltimore County police officers blocked off an entrance to the property, which public records link to Luigi Mangione’s parents. Reporters and photographers gathered outside the entrance. The father of 10 children, Nick Mangione prepared his five sons — including Luigi Mangione’s father, Louis Mangione — to help manage the family business, according to a 2003 Washington Post report. Nick Mangione had 37 grandchildren, including Luigi, according to the grandfather's obituary. Luigi Mangione’s grandparents donated to charities through the Mangione Family Foundation, according to a statement from Loyola University commemorating Nick Mangione’s wife’s death in 2023. They donated to various causes, including Catholic organizations, colleges and the arts. One of Luigi Mangione’s cousins is Republican Maryland state legislator Nino Mangione, a spokesman for the lawmaker’s office confirmed. “Our family is shocked and devastated by Luigi’s arrest,” Mangione’s family said in a statement posted on social media by Nino Mangione. “We offer our prayers to the family of Brian Thompson and we ask people to pray for all involved.” Mangione, who was valedictorian of his elite Maryland prep school, earned undergraduate and graduate degrees in computer science in 2020 from the University of Pennsylvania, a university spokesman told The Associated Press. He learned to code in high school and helped start a club at Penn for people interested in gaming and game design, according to a 2018 story in Penn Today, a campus publication. His social media posts suggest he belonged to the fraternity Phi Kappa Psi. They also show him taking part in a 2019 program at Stanford University, and in photos with family and friends at the Jersey Shore and in Hawaii, San Diego, Puerto Rico, and other destinations. The Gilman School, from which Mangione graduated in 2016, is one of Baltimore’s elite prep schools. The children of some of the city’s wealthiest and most prominent residents, including Orioles legend Cal Ripken Jr., have attended the school. Its alumni include sportswriter Frank Deford and former Arizona Gov. Fife Symington. In his valedictory speech, Luigi Mangione described his classmates’ “incredible courage to explore the unknown and try new things.” Mangione took a software programming internship after high school at Maryland-based video game studio Firaxis, where he fixed bugs on the hit strategy game Civilization 6, according to a LinkedIn profile. Firaxis' parent company, Take-Two Interactive, said it would not comment on former employees. He more recently worked at the car-buying website TrueCar, but has not worked there since 2023, the head of the Santa Monica, California-based company confirmed to the AP. From January to June 2022, Mangione lived at Surfbreak, a “co-living” space at the edge of touristy Waikiki in Honolulu. Like other residents of the shared penthouse catering to remote workers, Mangione underwent a background check, said Josiah Ryan, a spokesperson for owner and founder R.J. Martin. “Luigi was just widely considered to be a great guy. There were no complaints,” Ryan said. “There was no sign that might point to these alleged crimes they’re saying he committed.” At Surfbreak, Martin learned Mangione had severe back pain from childhood that interfered with many aspects of his life, including surfing, Ryan said. “He went surfing with R.J. once but it didn’t work out because of his back,” Ryan said, but noted that Mangione and Martin often went together to a rock-climbing gym. Mangione left Surfbreak to get surgery on the mainland, Ryan said, then later returned to Honolulu and rented an apartment. An image posted to a social media account linked to Mangione showed what appeared to be an X-ray of a metal rod and multiple screws inserted into someone's lower spine. Martin stopped hearing from Mangione six months to a year ago. An X account linked to Mangione includes recent posts about the negative impact of smartphones on children; healthy eating and exercise habits; psychological theories; and a quote from Indian philosopher Jiddu Krishnamurti about the dangers of becoming “well-adjusted to a profoundly sick society.” Mangione likely was motivated by his anger at what he called “parasitic” health insurance companies and a disdain for corporate greed, according to a law enforcement bulletin obtained by AP. He wrote that the U.S. has the most expensive healthcare system in the world and that the profits of major corporations continue to rise while “our life expectancy” does not, according to the bulletin, based on a review of the suspect’s handwritten notes and social media posts. He appeared to view the targeted killing of the UnitedHealthcare CEO as a symbolic takedown, asserting in his note that he is the “first to face it with such brutal honesty,” the bulletin said. Mangione called “Unabomber” Ted Kaczynski a “political revolutionary” and may have found inspiration from the man who carried out a series of bombings while railing against modern society and technology, the document said. Associated Press reporters Lea Skene in Baltimore; Jennifer Sinco Kelleher in Honolulu; Maryclaire Dale in Philadelphia; John Seewer in Toledo, Ohio; and Michael Kunzelman in Washington, D.C., contributed to this report.
Kaapo Kakko scored the tiebreaking goal during a four-minute power play with 23 seconds left as the New York Rangers ended their first five-game losing streak in over three years with a 4-3 victory over the visiting Montreal Canadiens on Saturday afternoon. The Rangers, who had squandered a two-goal lead early in the third period, had the lengthy power play after the Canadiens' Kirby Dach high-sticked Mika Zibanejad behind the New York net. The Rangers cashed in after Montreal could not clear the defensive zone. Zac Jones made a backhand pass to the middle of the slot to Will Cuylle, who did the same to Kakko. Parked at the right side of the crease, Kakko lifted a one-timer over goalie Sam Montembeault's shoulder for his fourth goal of the season. Kakko's game-winner ended New York's longest losing streak since the final week of the 56-game 2021 pandemic-shortened season. The goal came after the Canadiens' Cole Caulfield and Nick Suzuki scored about 10 minutes apart for a temporary 3-3 tie. New York's Artemi Panarin and Zibanejad scored power-play goals in the opening 40 minutes while Vincent Trocheck also scored in the waning seconds of the first period before the Rangers recovered from blowing the lead. Rangers goalie Jonathan Quick made 25 saves a week after allowing six goals in a 6-2 loss at Edmonton. Mike Matheson also scored for the Canadiens. Montembeault made 24 saves. The Rangers went ahead 9:02 into the contest when Panarin lifted a shot from above the left circle over Montreal defenseman David Savard into the upper corner of the net. Montreal tied with 8:13 left when Matheson entered the offensive zone, stepped into a shot above the right hash marks and ripped a shot over Quick's right shoulder. After surviving Montreal's attempts at going ahead, the Rangers cycled the puck around the offensive zones in the final seconds of the first and took a 2-1 lead when Trocheck tipped in Alexis Lafreniere's shot from the right point with 4 seconds left. New York expanded its lead when Zibanejad faked a one-timer, waited for Chris Kreider to get in front of the net and sent a shot from between the circles by Montembeault. Caufield put a shot from the right circle by Quick at 4:16 into the third, and Suzuki slid the puck into the open net to forge a 3-3 tie nearly 10 minutes later. --Field Level MediaThe international community has been closely watching the developments in South Korea, with many expressing concern over the implications of arresting a sitting president. The United States, South Korea's key ally, has emphasized the importance of respect for the rule of law and due process in handling such cases.
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As the clock struck midnight, the servers went live, and within seconds, users began flooding in. The sheer number of people trying to access the site at once caused the servers to struggle to keep up, resulting in delays and error messages for many.Investors with a lot of money to spend have taken a bullish stance on Apollo Global Management APO . And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with APO, it often means somebody knows something is about to happen. So how do we know what these investors just did? Today, Benzinga 's options scanner spotted 13 uncommon options trades for Apollo Global Management. This isn't normal. The overall sentiment of these big-money traders is split between 61% bullish and 30%, bearish. Out of all of the special options we uncovered, 8 are puts, for a total amount of $281,262, and 5 are calls, for a total amount of $236,738. Predicted Price Range After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $115.0 and $185.0 for Apollo Global Management, spanning the last three months. Volume & Open Interest Trends In terms of liquidity and interest, the mean open interest for Apollo Global Management options trades today is 1315.5 with a total volume of 2,992.00. In the following chart, we are able to follow the development of volume and open interest of call and put options for Apollo Global Management's big money trades within a strike price range of $115.0 to $185.0 over the last 30 days. Apollo Global Management Option Volume And Open Interest Over Last 30 Days Noteworthy Options Activity: Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume APO CALL SWEEP BEARISH 01/17/25 $3.0 $2.85 $2.85 $180.00 $82.6K 1.2K 336 APO PUT SWEEP BEARISH 03/21/25 $12.2 $12.1 $12.2 $175.00 $64.6K 319 649 APO CALL TRADE BULLISH 01/17/25 $59.3 $57.3 $58.7 $115.00 $58.7K 3.4K 10 APO PUT SWEEP BULLISH 12/27/24 $10.1 $9.5 $9.5 $180.00 $38.0K 280 40 APO CALL SWEEP BULLISH 03/21/25 $7.6 $7.3 $7.4 $185.00 $35.5K 1.6K 59 About Apollo Global Management Apollo Global Management Inc is an alternative investment manager. It serves various sectors such as chemicals, manufacturing and industrial, natural resources, consumer and retail, consumer services, business services, financial services, leisure, and media and telecom and technology. The company operates in three business segments that are Asset Management, Retirement Services, and Principal Investing. It generates maximum revenue from the Retirement Services segment. After a thorough review of the options trading surrounding Apollo Global Management, we move to examine the company in more detail. This includes an assessment of its current market status and performance. Current Position of Apollo Global Management Trading volume stands at 1,809,704, with APO's price up by 0.73%, positioned at $172.28. RSI indicators show the stock to be is currently neutral between overbought and oversold. Earnings announcement expected in 45 days. What The Experts Say On Apollo Global Management 5 market experts have recently issued ratings for this stock, with a consensus target price of $202.2. Unusual Options Activity Detected: Smart Money on the Move Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access .* Consistent in their evaluation, an analyst from TD Cowen keeps a Buy rating on Apollo Global Management with a target price of $230. * Maintaining their stance, an analyst from Wells Fargo continues to hold a Overweight rating for Apollo Global Management, targeting a price of $197. * Maintaining their stance, an analyst from BMO Capital continues to hold a Outperform rating for Apollo Global Management, targeting a price of $186. * Consistent in their evaluation, an analyst from Piper Sandler keeps a Overweight rating on Apollo Global Management with a target price of $202. * An analyst from Keefe, Bruyette & Woods has decided to maintain their Outperform rating on Apollo Global Management, which currently sits at a price target of $196. Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely. If you want to stay updated on the latest options trades for Apollo Global Management, Benzinga Pro gives you real-time options trades alerts. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Overall, the insights shared and ideas exchanged at the China Economic Roundtable serve as a powerful reminder of the collective commitment to building a more robust and dynamic economic ecosystem that will enable China to navigate the complexities of the global economy and emerge stronger and more prosperous in the years to come.Some Concord officials are hoping their City Council reconsiders its decision last week to grant a permit from the Satanic Temple to install a statue of an occult deity on Main Street in front of the State House. Over the objection of a “strongly opposed” Mayor Byron Champlin, the council majority approved a permit for the black goat-headed Baphomet with bright yellow eyes to be placed near the Nativity scene installed by the Grange and a scene about the Bill of Rights installed by the Freedom from Religion Foundation. The Satanic Temple is not the Church of Satan that advocates devil worship. The temple is a "non-theistic religion and sociopolitical movement that promotes empathy, equity, and social justice." The group espouses seven principles of harmony such as, “One should strive to act with compassion and empathy toward all creatures in accordance with reason" and “The struggle for justice is an ongoing and necessary pursuit that should prevail over laws and institutions.” According to its website, the group’s “Satanic Representation Campaign ... promotes pluralism and fighting for the religious liberty of (temple) members who seek to freely and openly express their beliefs.” The icon is holding a bouquet of artificial lilacs in its right hand and an apple in its left, the latter depicting the group's “quest for knowledge," according to a spokesman. The statute and a glass plaque with the group’s seven principles was unveiled Saturday evening, witnessed by about a dozen followers from New Hampshire and Vermont and streamed live on Facebook. City officials posted a statement defending the decision to grant the permit. “Throughout the country, the Satanic Temple has both threatened and brought lawsuits under the First Amendment when excluded,” city officials posted on its Facebook page. “Under the First Amendment and to avoid litigation, the city needed to choose whether to ban all holiday displays installed by other groups, or otherwise, to allow it.” After the holidays, the Concord City Council will review whether to grant permits for unattended displays in the future. City Councilor at Large Amanda Grady Sexton was in the minority that opposed the permit. “This is an unfortunate distraction for the city of Concord. The voters in Concord want their councilors to focus on public safety, trash pick-up, and road paving and plowing,” Grady Sexton said. “We’re not here to debate the merits of Satan. If political groups want to have unattended displays located outside the State House they should apply for permits through the state of New Hampshire, not the city of Concord." Mayor Champlin voiced his opposition as well. These depict the seven principles of the Satanic Temple which are on display outside the State House Plaza in front of a demon after a majority on the Concord City Council agreed to grant the group a permit. “I am disappointed and hope that the council will reconsider this decision,” Champlin said. “In a season when most major religions celebrate peace, hope, joy, and light, an image of the prince of darkness on city property, sponsored by an organization based in New York, is inappropriate.” Other councilors said in granting the permit it was giving preference to respecting everyone’s First Amendment. The city’s statement attracted nearly 200 comments on social media, coming down on both sides of the issue. "The satanic church is not a sincere belief system for almost any of its 'following,' it is a protest movement made to offend and go against Christianity,” wrote A.J. Kierstead. “It is not made to show unity, it is made to disgust. It can’t believe the city would post something in this fashion." But Travis Beeson disagreed. “Love all the angry reactions this will get. Like y’all speak of the 1st Amendment but forget to realize this one part of it; glad to see Baphomet make an appearance,” Beeson said. Briana Therrien wondered what the fuss was all about. “There shouldn’t have even needed to be a discussion" Therrien said. "If the city so willingly includes the Nativity scene, then there’s no reason for any other religious statement to be discussed. The mission of the Satanic Temple is nothing but positive.” klandrigan@unionleader.com
NEW YORK , Nov. 21, 2024 /PRNewswire/ -- Report on how AI is redefining market landscape - The global pulp market size is estimated to grow by USD 38.1 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 3.53% during the forecast period. increased consumption of chemical wood pulp is driving market growth, with a trend towards rising use of fluff pulp due to increased absorbency. However, high costs involved in production of pulp poses a challenge.Key market players include Arctic Paper SA, Billerud AB, Canny Tissue Paper Industry, Gulf Paper Manufacturing Co., Hitachi Ltd., International Paper Co., Koch Industries Inc., Mercer International Inc., Metropolic Paper Industries, Metsa Board Oyj, Nath Industries Ltd., Nine Dragons Paper Holdings Ltd., Nippon Paper Industries Co. Ltd., Oji Holdings Corp., Sappi Ltd., Shanying International Holding Co. Ltd., Sinar Mas , Stora Enso Oyj, UPM Kymmene Corp., and WestRock Co.. AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View Free Sample Report PDF Key Market Trends Fueling Growth The pulp market is witnessing significant trends in various industries like food and beverage, personal care, and paper packaging. Eco-friendliness is a major focus with the demand for green packaging increasing. Leading paper producers like International Paper and Stora Enso are investing in renewable energy operations and producing eco-friendly packaging products. The food and beverage industry is shifting towards paper-based packaging solutions due to consumer inclination and anti-plastic sentiments. Paper packaging materials such as white paper, recycled paper, and specialty papers are in high demand. FMCG companies like Unilever are partnering with the Pulpex Consortium to develop laundry detergent solutions using recycled paper pulp. The personal care industry is also embracing green packaging, with an emphasis on recyclability and sustainability. Toilet papers and antimicrobial tissue products are popular choices. The retail sector is also adopting paper packaging for its lightweight and recyclable properties, reducing plastic use and logistics costs. The paper industry is the largest forest-based industry, using wood, bamboo, rice husk, and wheat straw as raw materials. The production line includes chemical pulping and the conversion of paper into various forms such as wrapping paper, writing paper, printing paper, tissue paper, rolls, and specialty papers. The rapid penetration of the internet, smartphones, and online retailing has led to an increase in paper packaging demand for e-commerce. The paper industry is essential for socio-economic development, providing employment opportunities in developing countries. However, it's crucial to address deforestation concerns and focus on sustainable forest management. The water-consuming industries, including paper and pulp, are under pressure to reduce water usage and greenhouse gas emissions. The wrapping paper segment is also gaining popularity, especially during festive seasons. The paper industry is continually innovating to meet the needs of modern consumers while minimizing its environmental impact. The diaper and hygiene sanitary pad market holds significant importance in the global business landscape. This sector's growth is driven by the increasing awareness of safety and health practices. The primary raw material for these products is fluff pulp, derived from softwood, which enhances absorbency and prevents leaks. With rising birth rates in Latin America and Asia , the diaper industry is projected to expand by around 50% by 2023. Additionally, the convenience of disposable diapers caters to the fast-paced lifestyle of modern consumers. Fluff pulp's long fibers effectively absorb liquids and semi-solids, ensuring user comfort and reliability. This market trend is expected to continue as health and hygiene remain top priorities for consumers worldwide. Insights on how AI is driving innovation, efficiency, and market growth- Request Sample! Market Challenges The pulp market faces significant challenges in various industries like food and beverage, personal care, and paper packaging. Eco-friendly packaging products are in high demand due to anti-plastic sentiments and consumer inclination towards green packaging. Renewable energy operations and reduced greenhouse gas emissions are essential for forest-based mills like International Paper and Stora Enso. The food and beverage industry requires paper-based packaging solutions for their products, while the personal care industry relies on tissue paper for hygiene products. Recycling infrastructure is crucial for the recycling of paper packaging materials, including white paper, printing paper, and specialty papers. FMCG companies like Unilever are collaborating with the Pulpex Consortium to develop laundry detergent solutions using paper-based packaging instead of plastic. The retail sector's rapid penetration by e-commerce and online shoppers necessitates lightweight and recyclable packaging like corrugated boxes and paper bags. The paper industry's largest competitors, including International Paper and Stora Enso, are investing in mills that use renewable energy and produce recycled paper pulp from wood fibers, bamboo, rice husk, wheat straw, and other sustainable sources. Socio-economic development in developing countries presents opportunities for the paper industry's growth, particularly in the production of paper-based packaging materials for kitchens, toilets, and households. However, challenges like deforestation and the use of chemical pulp remain concerns. The paper industry's sustainability is crucial in addressing plastic packaging waste, particularly in the wrapping paper segment. Leading paper producers are focusing on commercial printing papers, converting papers, digital papers, and office papers to cater to various industries' demands. The paper industry's future lies in its ability to adapt to changing consumer preferences, reduce water consumption, and address the challenges of plastic use and recyclability in various segments, including tissue paper products, newsprint, and packaging. The pulp market is characterized by significant investments from existing vendors in technological advancements to boost pulp production. This strategy primarily involves acquiring smaller pulp vendors or assets, leading to increased production capacity but high costs. Integration with established vendors facilitates access to raw materials. The pulp industry's engineering is sophisticated and productive. However, the energy consumption in pulp and paper production is substantial. Capital-intensive machinery requires large amounts of energy and water to process forest materials and extract fibers, as well as to remove water during the papermaking process. Insights into how AI is reshaping industries and driving growth- Download a Sample Report Segment Overview This pulp market report extensively covers market segmentation by 1.1 Printing and writing paper 1.2 Tissue paper 1.3 Specialty paper 1.4 Packaging paper 1.5 Others 2.1 Chemical pulp 2.2 Mechanical and semi-chemical pulp 2.3 Non-wood pulp 3.1 North America 3.2 APAC 3.3 Europe 3.4 South America 3.5 Middle East and Africa 1.1 Printing and writing paper- The printing and writing paper market is experiencing growth due to the increased demand for dyes and pigments in developing countries. China , India , and Indonesia are major consumers of printing and writing paper, driven by rising literacy rates and population growth. This segment includes various types of paper used for books, office applications, and personal use. Uncoated freesheet paper is the largest category, accounting for office reprographics, business applications, and envelope paper. Uncoated mechanical paper is an alternative, used for newspaper inserts, paperback books, and directories. Coated freesheet paper, with an added clay or additive coating, is suitable for highly illustrated books, advertising materials, and magazines. Coated mechanical paper, made of mechanical fibers with an added coating, is used for catalogs and coupons. The pulp market will grow as a result of the increased production of these types of printing and writing paper. Download complimentary Sample Report to gain insights into AI's impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2018 - 2022) Research Analysis The pulp market encompasses a vast array of industries, including food and beverage, personal care, and paper packaging. This sector is currently the largest industry globally, with a significant focus on eco-friendly packaging products due to growing anti-plastic sentiments and consumer inclination towards sustainability. Forest-based materials like wood and bamboo, as well as agricultural waste such as rice husk and wheat straw, are increasingly used to produce paper packaging materials. These materials offer a more sustainable alternative to traditional chemical pulp and reduce deforestation. The paper packaging industry includes various products like wrapping paper, writing paper, and more. The personal care industry also relies heavily on pulp for products like kitchen and bathroom paper for households and personal hygiene, contributing significantly to the market's growth. Recycling infrastructure plays a crucial role in the circular economy of pulp and paper products. Market Research Overview The pulp market encompasses various industries, including food and beverage, personal care, and paper packaging. With growing anti-plastic sentiments and consumer inclination towards eco-friendly products, the demand for green packaging solutions is surging. Paper packaging materials, such as white paper, recycled paper, and specialty papers, are gaining popularity. Leading paper producers like International Paper and Stora Enso are investing in renewable energy operations to reduce greenhouse gas emissions. Forest-based raw materials, including wood, bamboo, rice husk, and wheat straw, are the primary sources of pulp. The paper industry is the largest consumer of water, making water conservation a critical concern. The rapid penetration of the internet, smartphones, and online retailing has led to an increase in demand for lightweight and recyclable packaging, particularly corrugated boxes and paper bags. The paper packaging market is expected to grow significantly due to its sustainability advantages over plastic packaging waste. FMCG companies are also exploring paper-based packaging solutions for their laundry detergent and toilet paper products. The market for writing and printing papers, newsprint, and converting papers is also expanding. Socio-economic development in developing countries is driving the demand for paper-based packaging solutions. However, concerns over deforestation and the use of chemical pulp remain challenges for the industry. The kitchen and household sectors, including personal hygiene and sanitation, are major consumers of paper products. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation Application Printing And Writing Paper Tissue Paper Specialty Paper Packaging Paper Others Grade Type Chemical Pulp Mechanical And Semi-chemical Pulp Non-wood Pulp Geography North America APAC Europe South America Middle East And Africa 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/ SOURCE Technavio
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ATNI stock touches 52-week low at $18.2 amid market challengesTORONTO - Canada’s main stock index lost more than 100 points Tuesday ahead of an expected interest rate cut Wednesday, while U.S. markets were also down. The S&P/TSX composite index closed down 121.09 points at 25,504.33. In New York, the Dow Jones industrial average was down 154.10 points at 44,247.83. The S&P 500 index was down 17.94 points at 6,034.91,while the Nasdaq composite was down 49.45 points at 19,687.24. “Relative to the churn we have seen in the markets the last few days ... today being a little bit of a boring day would be fairly welcome for many investors,” said Stephen Duench, vice-president and portfolio manager for AGF Investments Inc. Wednesday is set to be more exciting, with an interest rate cut expected in Canada and important consumer inflation data coming in the U.S. “I do expect a little bit more fireworks tomorrow,” said Duench. The Bank of Canada is widely expected to announce an outsized cut Wednesday of half a percentage point, he said. “Anything other than that would be a surprise.” The U.S. Federal Reserve has its last decision of the year scheduled for next week, and market watchers are leaning toward a smaller quarter-percentage-point cut there, said Duench. It would be the third cut this year after the central bank hiked rates to a two-decade high to fight inflation. The inflation report will be the last significant data point before the central bank’s decision, Duench said. If the inflation report shows price growth is proving more stubborn than expected, that could change the Fed’s thinking on rates next week, he said. “Maybe that’s part of the reason we’ve seen churn in the market the last few days in the U.S.” Beneath the surface, there was some movement in the tech sector, where Oracle sank 6.7 per cent after its latest earnings report missed expectations. Meanwhile, Google’s stock price rose by more than five per cent. The company on Tuesday unveiled its new chip meant for quantum computing. Duench said after the advent of artificial technology led a rally earlier this year, quantum computing could be another frontier for investors to keep an eye on. The Canadian dollar traded for 70.59 cents US compared with 70.77 cents US on Monday. The January crude oil contract was up 12 cents at US$68.59 per barreland the January natural gas contract was down two cents at US$3.16 per mmBTU. The February gold contract was up US$32.60 at US$2,718.40 an ounceand the March copper contract was down less than a penny at US$4.27 a pound. — With files from The Associated Press This report by The Canadian Press was first published Dec. 10, 2024. Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
From wealth and success to murder suspect, the life of Luigi Mangione took a hard turn