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Dow Jones futures edged higher after hours, along with S&P 500 futures and Nasdaq futures. The CPI inflation report is on tap early Wednesday. The stock market rally saw slim-to-modest losses Tuesday, but was still near record highs. Google-parent ( ) broke out while ( ) continued to run. But tech and growth were weak again. ( ) and big AI chip peers ( ) and Broadcom stock broke key levels, following Taiwan Semi sales and ahead of 's ( ) earnings. ( ) and ( ), among the hottest stocks, also fell. After the close, ( ) reaffirmed its full-year guidance at its investor day. The energy generation products maker raised its 2025 revenue target but it's still below consensus. GEV stock fell 3% in late trade. Shares fell 2.3% on Tuesday, undercutting the 21-day moving average. The video embedded in this article reviews Tuesday's market action and analyzes Google, AppLovin stock and ( ). Nvidia stock, Google and Insulet are on , with Tesla on the Leaderboard watchlist. Google stock and Insulet also are on . Nvidia and Taiwan Semiconductor stock are on the . Palantir and AppLovin stock are on the . Alphabet was Tuesday's . Dow Jones Futures Today Dow Jones futures rose a fraction vs. fair value. S&P 500 futures and Nasdaq 100 futures climbed 0.1%. The Labor Department will release the November consumer price index at 8:30 a.m. ET. The CPI is seen rising 0.3% vs. the prior month and 2.7% vs. a year earlier, both ticking up vs. October. Core CPI should advance 0.3% month to month and 3.3% vs. a year prior, both steady vs. October. Remember that overnight action in and elsewhere doesn't necessarily translate into actual trading in the next regular session. Stock Market Rally The stock market rally was narrowly mixed for much of Tuesday's session, fading into the close, led by growth stocks. The Dow Jones Industrial Average fell 0.35% in Tuesday's . The S&P 500 index gave up 0.4%. The Nasdaq composite slipped 0.25%. The small-cap Russell 2000 retreated 0.4%. The Dow Jones and Russell 2000 are testing their 21-day lines. The Nasdaq, no longer extended, is still above all its moving averages. The Invesco S&P 500 Equal Weight ETF ( ) fell 0.6%, below the 21-day line. RSP has fallen for four straight sessions. The First Trust Nasdaq 100 Equal Weighted Index ETF ( ) lost 0.8%. U.S. crude oil prices edged up 0.3% to $68.59 a barrel. The 10-year Treasury yield rose two basis points to 4.22%, continuing Monday's bounce but still down sharply from mid-November. ETFs Among growth ETFs, the Innovator IBD 50 ETF ( ) tumbled 2.1%. The iShares Expanded Tech-Software Sector ETF ( ) fell 1.5%, with Palantir stock and AppLovin now significant holdings. The VanEck Vectors Semiconductor ETF ( ) slumped 2.5%. ARK Innovation ETF ( ) fell 1.2% and ARK Genomics ETF ( ) climbed 0.4%. Tesla stock is a major weight across Ark Invest's ETFs. Cathie Wood also built up a big Nvidia stake. SPDR S&P Metals & Mining ETF ( ) retreated 1.4%. U.S. Global Jets ETF ( ) ascended 0.9%. SPDR S&P Homebuilders ETF ( ) shed 2%. The Energy Select SPDR ETF ( ) slipped 0.6% and the Health Care Select Sector SPDR Fund ( ) declined 0.4%. The Industrial Select Sector SPDR Fund ( ) dipped 0.2%. The Financial Select SPDR ETF ( ) lost a fraction. Google Stock Alphabet stock jumped 5.6% to 185.17, clearing a 182.49 buy point. The , which tracks a stock's performance vs. the S&P 500 index, topped a short-term high, but is still well off highs. Shares jumped as Google touted its new Willow quantum computing chip. Tesla Stock Tesla stock rose 2.9% to 400.99, nearing the November 2021 record intraday high of 414.50. Morgan Stanley's Adam Jonas became the latest Wall Street analyst to hike his . Also, Tesla EV registrations powered higher again in China, helping to offset weakness in the U.S. and Europe. Investors are making big bets that Tesla is on the cusp of new transformational growth via self-driving EVs and more, along with favorable policies from President-elect Donald Trump. Palantir Stock Palantir stock reversed lower for a second session, down 2.2% to 70.89. Shares fell 5.1% Monday after hitting a record 80.91 intraday. PLTR stock remains the No. 1 S&P 500 performer in 2024, up 313%. AppLovin Stock AppLovin stock sank 6.3% to 321.06, moving toward the 21-day moving average for the first time in months. APP stock dived 14.7% on Monday after missing the cut for joining the S&P 500 index. But shares are still up nearly 706% for the year. Nvidia Stock Nvidia stock fell 2.7% to 135.07, closing below the 50-day for the first time since Sept. 20. Shares had briefly topped the 21-day and 140.76 . It's possible that Nvidia stock will forge a new, shallow base next to the prior consolidation. But the AI giant isn't far from flashing sell signals. Taiwan Semiconductor stock fell 3.6% to 191.94, just holding the 50-day. Shares could be working on a handle to a shallow . Early Tuesday, the maker of chips for Nvidia, Broadcom and many others reported November revenue jumped 34% in local currency vs. a year earlier. Broadcom stock retreated 4% to 171.81, back below the 50-day line. AVGO stock has a 185.05 buy point from a next to another consolidation. Investors could use Monday's high of 180.79 as an early entry. Broadcom reports fiscal Q4 earnings on Thursday night. What To Do Now The stock market rally remains near record highs. But, with a few exceptions like Tesla, growth names are struggling in the very short term, including Nvidia, Palantir and AppLovin. It's a time to be cautious. If you do make new buys, be ready to exit quickly. But investors should still be heavily invested. Keep looking for setups and potential entries, especially if the market pauses for a time. If the selling in hot stocks continues, or broadens out to the wider market, be ready to curb exposure. Read every day to stay in sync with the market direction and leading stocks and sectors.Montreal-based Acrylic Robotics is utilizing a robot’s arm to paint fine art on canvas using AI software that emulates the actual painter’s brush strokes. The startup showcased its technology with demos at AWS re:Invent , Amazon’s cloud service conference held in Las Vegas, where an AI robot dutifully worked on a painting, or “Auragraph,” live. Holding a brush, it would carefully dip into the different pools of acrylic paint below and then position the brush to apply a stroke at just the right spot. In a sense, it felt a little like watching an automated assembly, only in a very obvious artistic context. Acrylic Robotics is trying to meld the worlds of artificial intelligence, engineering, robotics and art into a practical form of production. The idea is not to just produce replicas of an artist’s pieces, but to also bring digital creations to canvas without resorting to simple prints. At the same time, the company’s ethical approach is to ensure artists get paid for what they create. Walker Singleton (left), head of engineering at Acrylic and Chloë Ryan (right), the CEO and founder Chloë Ryan is an artist who studied robotics engineering at McGill University, going on as the founder and CEO of Acrylic Robotics starting in 2021. Her vision was to offer a different outlet for artists that bypasses the “scarcity-driven gallery system” and makes art more accessible to both artists and consumers. As she sees it, the “archaic” art market only truly serves the top 1%, where fine art pieces can be out of reach for the average person who wants art but lacks the funds to purchase it. Some stats exemplify the uphill climb involved. The entire fine art industry is estimated to be worth $70 billion USD, though a large portion of that is taken up by sought-after pieces bought and sold by the wealthiest investors or collectors. Statcan estimates the Canadian art market was estimated to be worth $1.5 billion as late as 2020 when including sales from auctions, galleries and private sales. Those numbers underpin the fact more than half of Canadians have never bought a piece of art before. Acrylic’s goal is, in effect, a two-pronged one because it aims to increase access to art for everyone, while enabling artists themselves to not only increase exposure but also sell multiples of the same piece without actually painting it each time. That’s where the robot comes in. It uses AWS’s machine learning service called Sagemaker to connect the startup’s own AI algorithms into a user-friendly platform artists can use. Thus, artists have two ways to make this work. For digital artists, Acrylic’s tech can track each stroke applied to an art piece created on a tablet or other device with an illustration app. The robot can then replicate the exact process, including scaling up to a larger canvas size. For artists painting on canvas, the AI determines the best way to create a painted replica with proper strokes, mixing colours and doing it layer by layer. Interestingly, this also includes AI-generated pieces. Artists need to consent, as Ryan says Acrylic doesn’t train on their data without their knowledge. With everything in place, artists can expect “credit and fair compensation” for their creations. The “Acrylic” in the company’s name has a literal connotation. Its technology currently only works with acrylic paint because of its texture and the robot’s ability to consistently dabble in it. Watercolour paint is water soluble and best done on specific paper types. Oil-based paint requires more preparation because of the chemicals involved. “We pick acrylic over oil because it’s a lot less toxic,” says Ryan in an interview with MobileSyrup . “We don’t need to have our staff wearing masks in the office and use turpentine to remove oil from the brushes, so it’s hard to work with and not very good for you.” She adds most buyers don’t know the difference anyway, but if she and her team want to get into “really expensive art replication,” they will eventually need to find a way to work with oil. The robot also can’t replicate all art styles. Finger painting is out because there’s nothing on the unit that can match a human finger. Abstract expressionist pieces of the likes of Jackson Pollock and Jean-Paul Riopelle are a no-go because there’s no chance of the robot splattering paint on a canvas. This is partly why Acrylic Robotics curates pieces compatible with the robot’s capabilities. Matching the artist’s input is a challenge, though some variations already apply, as in how the robot can perform a thicker stroke in one layer and thinner one with less pressure on another. Replicating a historic painter like Rembrandt would be hard because of the accuracy involved. “The limitation is less about the robot’s hardware, and more that it’s just really, really hard to get the exact, perfect amount of paint on the brush in a calculated, reliable way for the perfect dry brush stroke,” she says. “We have certain styles that work better for the robot right now and we just continue to increase the robotic capabilities every day.” The company doesn’t design or manufacture the robot, so the mechanics of the arm aren’t easy to alter. Newer robots could conceivably change how this process works down the line, though Ryan wouldn’t speculate on what that might look like. To maintain consistency, Acrylic will have to “freeze” the process with which the robot actually paints to ensure multiple copies of the same piece look the same. Assuming these types of robots improve in speed and accuracy in the coming years, paintings done on the current system would have to remain that way. It’s one instance Ryan says the company is trying to plan for in case production needs grow. Speed will be a factor going forward, though she adds there may be a need to maintain consistency at the expense of efficiency. The number of brushstrokes and a painting’s complexity largely determine how long it takes to finish. “You’re looking at a few hours to up to 12 if it’s a really complex work, but it continuously gets faster,” she says. “Our first collection that we launched about a year ago took us two weeks of round-the-clock operation to make every painting. We’d have to babysit the robot, where me and some of our other team members would sleep in the office and wake up every three hours to put more paint in the pots because it would run out.” The system now runs autonomously with automated paint refills, along with custom systems to avoid running out of paint throughout the process. Ryan says there’s a waitlist of 500 artists around the world to use the service, much of which grew through word of mouth in arts communities. Acrylic will slowly onboard artists as capacity allows — a mostly manual process that requires working with each artist in a sort of white glove treatment. Once approved, artists can use the self-service platform to produce work that Acrylic can sell to interested buyers. Artists can also sell their work themselves since Acrylic only produces a painting based on an actual purchase. That could include corporate and commercial opportunities as well, like a hotel looking to harmonize artwork at multiple locations, for example. To date, Acrylic sold a digital piece created by Claire Silver, an AI artist from Montreal, for $100,000 USD (about $141,600 CAD) in November 2024. Silver, who stays anonymous, has had her work displayed in galleries and museums across the globe, including Sotheby’s in London and Christie’s in New York. “My goal from a company mission standpoint is to allow all artists to contribute,” she says. “I don’t want to just continue to propagate the same sort of snooty gallery system of, ‘who and where have you exhibited?’ Most artists can’t afford to buy a robot outright and I want all all of them to be able to use this technology.”Oil Refining Metal Oxide Catalysts Market Outlook and Future Projections for 2030 11-23-2024 11:00 AM CET | Business, Economy, Finances, Banking & Insurance Press release from: Dhirtek Business Research and Consulting Oil Refining Metal Oxide Catalysts Market The oil refining metal oxide catalysts market represents a dynamic and continually evolving landscape, shaped by changing consumer demands and technological advancements. In this comprehensive report, we provide an in-depth exploration of the market, designed for a wide range of stakeholders including manufacturers, suppliers, distributors, and investors. Our goal is to equip industry participants with essential insights that enable informed decision-making in an ever-changing market environment. This analysis not only examines the current state of the oil refining metal oxide catalysts market but also forecasts its future trends. Scope and Purpose This report serves as an extensive resource, thoughtfully curated to deliver actionable intelligence to industry stakeholders. It covers critical elements such as market dynamics, competitive environments, growth opportunities, challenges, and regional differences. The insights provided go beyond mere descriptions, offering a valuable tool for stakeholders to refine their strategies and make informed choices in a competitive market. Request for Sample Report: https://www.dhirtekbusinessresearch.com/market-report/Oil-Refining-Metal-Oxide-Catalysts-Market/request-for-sample-report Comprehensive Market Analysis We are committed to providing a thorough analysis that explores every aspect of market growth, including shifts in consumer preferences and technological innovations driving demand for oil refining metal oxide catalysts products. We also address the challenges faced by the industry, such as economic uncertainties and intense competition, offering insights to help stakeholders navigate these complexities. Key Players in the Oil Refining Metal Oxide Catalysts Market: W.R. Grace BASF Albemarle Criterion Haldor Topsoe Honeywell UOP Axens JGC Catalysts and Chemicals Johnson Matthey Kuwait Catalyst China Petroleum & Chemical Corporation China National Petroleum Corporation Qingdao Huicheng Environmental Technology Co., Ltd. Sciensun Rezel Catalysts Corp. Strategic Guidance for the Future This report invites stakeholders to delve into a detailed examination of the competitive landscape. By profiling key players in the oil refining metal oxide catalysts market and analyzing their strategies, we offer crucial insights to help industry participants make informed strategic decisions. Whether it's about outpacing competitors or learning from successful approaches, our analysis is designed to guide stakeholders toward success. Anticipated Insights Understanding the diverse segments within the oil refining metal oxide catalysts market is critical to success. Our report breaks down segment sizes, potential growth trajectories, and key trends, offering actionable insights that allow stakeholders to develop targeted strategies and optimize resource allocation. The knowledge provided empowers stakeholders to navigate the complexities of the oil refining metal oxide catalysts market with clarity and confidence. Balancing Market Forces and Strategic Impact This report delivers a comprehensive analysis of the factors shaping the oil refining metal oxide catalysts market. By evaluating both the drivers of market growth and the obstacles that could impede it, stakeholders gain a holistic understanding of the market's dynamics. For manufacturers, this analysis helps align innovation efforts with consumer demands and regulatory trends, while investors and decision-makers gain a deeper understanding of economic risks and supply chain vulnerabilities, allowing them to make more informed strategic choices. Our goal is to provide stakeholders with the knowledge needed to confidently and successfully navigate the oil refining metal oxide catalysts market. Competitive Landscape Our in-depth examination of the oil refining metal oxide catalysts market's competitive landscape highlights key players, scrutinizing their strategies and impacts on the industry. By analyzing the approaches of major companies, stakeholders gain a valuable understanding of market dynamics and can leverage these insights to identify growth opportunities, innovate, and make informed strategic decisions. Market Segmentation The report begins with a detailed analysis of the unique characteristics defining each segment within the oil refining metal oxide catalysts market. Segmentation can occur across various dimensions, including product types, customer demographics, or specific use cases. Understanding these differences allows stakeholders to tailor their strategies, products, and marketing efforts to meet the specific needs of each segment, enhancing competitive positioning and maximizing opportunities for success. Market Segments: Product Type: Molybdenum Oxide Cobalt Oxide Nickel Oxide Application: Fluid Catalytic Cracking (FCC) Hydrotreating Alkylation Reorganize Others Market Size and Segment Growth Potential A crucial part of the report focuses on understanding the size and significance of each market segment. We provide quantitative data that illustrates the market share and contribution of each segment, enabling stakeholders to make informed decisions regarding resource allocation, strategic prioritization, and investment. This section offers insights into the growth potential of each segment, including factors driving future expansion, evolving consumer preferences, and technological adoption. Conclusion This report serves as a strategic guide for stakeholders in the oil refining metal oxide catalysts market, offering comprehensive insights into market segmentation, competitive dynamics, and growth potential. By understanding the market's complexities and emerging opportunities, industry participants can make well-informed decisions that drive success and innovation in this rapidly evolving market. Other Reports Conversion Fitting Market https://www.dhirtekbusinessresearch.com/market-report/Conversion-Fitting-Market Thermally Conductive Graphite Film Market https://www.dhirtekbusinessresearch.com/market-report/Thermally-Conductive-Graphite-Film-Market Ship Low Location Lighting System Market https://www.dhirtekbusinessresearch.com/market-report/Ship-Low-Location-Lighting-System-Market Remote Control Robotic Crawlers Market https://www.dhirtekbusinessresearch.com/market-report/Remote-Control-Robotic-Crawlers-Market "Contact Us Dhirtek Business Research and Consulting Private Limited Contact No: +91 7580990088 Email Id: sales@dhirtekbusinessresearch.com" "About Us Dhirtek Business Research & Consulting Pvt Ltd is a global market research and consulting services provider headquartered in India. We offer our customers syndicated research reports, customized research reports, and consulting services. Our objective is to enable our clientele to achieve transformational progress and help them to make better strategic business decisions and enhance their global presence. We serve numerous companies worldwide, mobilizing our seasoned workforce to help companies shape their development through proper channeling and execution. We offer our services to large enterprises, start-ups, non-profit organizations, universities, and government agencies. The renowned institutions of various countries and Fortune 500 businesses use our market research services to understand the business environment at the global, regional, and country levels. Our market research reports offer thousands of statistical information and analysis of various industries at a granular level." This release was published on openPR.
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The Redmi A4 5G recently launched in India as one of the most affordable 5G smartphones, bringing next-gen connectivity to a wider audience. Powered by the Snapdragon 4s Gen 2 chipset, the device is designed to deliver solid performance on a budget. However, a significant limitation has surfaced: the Redmi A4 5G does not support Airtel’s 5G network in India. Instead, it is exclusively compatible with Jio’s 5G network. Here’s a detailed look at the issue and its implications for potential buyers. Why Redmi A4 5G doesn’t support Airtel 5G? Redmi’s product page reveals that the Redmi A4 5G supports only SA (Standalone) 5G networks and lacks compatibility with NSA (Non-Standalone) networks. This is the primary reason it cannot connect to Airtel’s 5G, which currently uses NSA architecture. To explain further, Standalone (SA) 5G uses dedicated 5G network bands and entirely new radio technologies for a more advanced deployment. Non-Standalone (NSA) 5G, on the other hand, leverages existing 4G LTE infrastructure, sharing some frequency bands with 4G. This approach makes it more cost-effective and easier to deploy. While SA 5G is considered technically superior, both architectures are capable of delivering similar user experiences, including speeds of up to 1Gbps. Airtel has announced plans to roll out SA 5G in India, with tests currently underway in select locations like Bhubaneswar, Rewari, and Chennai. However, a nationwide deployment is still some time away, leaving Redmi A4 5G buyers with Jio as the only viable network for 5G connectivity. So those unwilling to switch to Jio should skip the Redmi A4 5G as well, as it loses its biggest highlight, 5G, when connected to Airtel (as of now). What else does the Redmi A4 5G offer? Display: A 6.88-inch HD+ LCD panel with a 120Hz refresh rate and 600 nits of peak brightness. Battery: A massive 5,160mAh battery with 18W fast charging support. Storage Options: Two variants—4GB/64GB for ₹8,499 and 4GB/128GB for ₹9,499. The device goes on sale starting November 27 via Amazon, Mi.com, and offline stores, making it an appealing choice for budget-conscious buyers looking to experience 5G on Jio’s network. ( Source ) TAGS Redmi Redmi A4 5G Redmi K80 Pro might be the most expensive in the series yet Redmi K80 Pro spotted on Geekbench & 3DMark showcasing Snapdragon 8 Elite’s performance What to expect from Redmi Buds 6 Pro?
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Walmart ( NYSE:WMT – Free Report ) had its target price raised by Sanford C. Bernstein from $98.00 to $102.00 in a research report released on Wednesday, Benzinga reports. They currently have an outperform rating on the retailer’s stock. Several other research firms have also issued reports on WMT. Truist Financial raised Walmart from a “hold” rating to a “buy” rating and increased their target price for the stock from $76.00 to $89.00 in a research note on Tuesday, September 24th. BMO Capital Markets raised their price objective on shares of Walmart from $80.00 to $100.00 and gave the company an “outperform” rating in a research note on Monday, November 18th. Telsey Advisory Group upped their target price on shares of Walmart from $92.00 to $100.00 and gave the stock an “outperform” rating in a research note on Tuesday. Barclays raised their price target on shares of Walmart from $66.00 to $78.00 and gave the company an “overweight” rating in a research report on Friday, August 16th. Finally, Royal Bank of Canada upped their price objective on Walmart from $88.00 to $92.00 and gave the stock an “overweight” rating in a research report on Monday, November 18th. Two investment analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $91.88. Check Out Our Latest Stock Report on Walmart Walmart Trading Up 2.3 % Walmart ( NYSE:WMT – Get Free Report ) last posted its earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.05. The firm had revenue of $169.59 billion during the quarter, compared to the consensus estimate of $167.69 billion. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The firm’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.51 EPS. On average, analysts predict that Walmart will post 2.47 EPS for the current year. Insider Transactions at Walmart In related news, major shareholder Alice L. Walton sold 2,709,163 shares of the company’s stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $77.37, for a total transaction of $209,607,941.31. Following the transaction, the insider now owns 630,501,148 shares of the company’s stock, valued at $48,781,873,820.76. This represents a 0.43 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link . Also, EVP John D. Rainey sold 3,000 shares of the firm’s stock in a transaction on Friday, November 1st. The shares were sold at an average price of $82.12, for a total value of $246,360.00. Following the completion of the sale, the executive vice president now directly owns 378,165 shares of the company’s stock, valued at approximately $31,054,909.80. This trade represents a 0.79 % decrease in their position. The disclosure for this sale can be found here . In the last quarter, insiders sold 12,337,337 shares of company stock worth $958,823,647. Company insiders own 45.58% of the company’s stock. Institutional Trading of Walmart A number of institutional investors have recently added to or reduced their stakes in the stock. Summit Financial Wealth Advisors LLC boosted its stake in shares of Walmart by 0.5% during the 3rd quarter. Summit Financial Wealth Advisors LLC now owns 23,720 shares of the retailer’s stock worth $1,915,000 after acquiring an additional 118 shares in the last quarter. Providence Wealth Advisors LLC raised its holdings in Walmart by 0.3% during the third quarter. Providence Wealth Advisors LLC now owns 43,549 shares of the retailer’s stock worth $3,591,000 after purchasing an additional 122 shares during the last quarter. 3Chopt Investment Partners LLC boosted its position in Walmart by 0.4% during the third quarter. 3Chopt Investment Partners LLC now owns 32,633 shares of the retailer’s stock worth $2,635,000 after purchasing an additional 124 shares in the last quarter. CAP Partners LLC grew its holdings in Walmart by 2.1% in the third quarter. CAP Partners LLC now owns 6,054 shares of the retailer’s stock valued at $489,000 after purchasing an additional 125 shares during the last quarter. Finally, Investment Advisory Group LLC increased its position in shares of Walmart by 2.1% in the third quarter. Investment Advisory Group LLC now owns 6,182 shares of the retailer’s stock valued at $499,000 after buying an additional 126 shares in the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock. About Walmart ( Get Free Report ) Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications. Further Reading Five stocks we like better than Walmart What Makes a Stock a Good Dividend Stock? Tesla Investors Continue to Profit From the Trump Trade The Most Important Warren Buffett Stock for Investors: His Own MicroStrategy’s Stock Dip vs. Coinbase’s Potential Rally What Are Dividend Challengers? Netflix Ventures Into Live Sports, Driving Stock Momentum Receive News & Ratings for Walmart Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walmart and related companies with MarketBeat.com's FREE daily email newsletter .MINNEAPOLIS (AP) — With Penn State's strong push for a spot in the College Football Playoff still a couple of wins from completion, the biggest roadblock to a bid for the Nittany Lions in this favorable final third of their schedule has appeared with a trip to Minnesota . That's why this week, naturally, is too early for them to talk about making the inaugural 12-team tournament — as enticing as their prospects might be. “I think the quality of teams that we go in and play each week speaks for itself,” quarterback Drew Allar said. "But as far as rankings, it doesn’t really matter until it matters.” Penn State (9-1, 6-1 Big Ten) is fourth in both the AP poll and the CFP rankings this week, needing help for a long-shot hope of reaching the Big Ten title game because of a loss to now-No. 2 Ohio State on Nov. 2. In this new era of playoff expansion, the Nittany Lions are on firm footing for an at-large bid. Lose to the unranked Gophers (6-4, 4-3), however, and that ground could become shaky given the current collection of standout two-loss teams in the SEC. In case the Nittany Lions needed proof of the danger of letting focus diverge, coach James Franklin and his staff can call up the tape from Nov. 9, 2019. That's when an undefeated Penn State team came to Minnesota and lost 31-26 . The Nittany Lions lost again at Ohio State two weeks later and finished 11-2, one of several not-quite performances for this storied program that last went unbeaten in 1994 and hasn't been recognized as national champions since 1986. The Gophers were undefeated themselves after that game before losses to rivals Iowa and Wisconsin ended their Rose Bowl quest. This team isn't on that level of talent and success from five years ago, but the chemistry has been off the charts. Coach P.J. Fleck drew attention to some of the individual standout performances that fueled the signature victory in 2019 in meetings with players this week. “We need our best playmakers to play their best. Penn State’s going to need their playmakers to be their best. That’s what happens in November,” Fleck said. Tyler Warren has already shattered nearly every record for Penn State tight ends. The do-it-all senior become such a force his teammates insist he’s worthy of the Heisman Trophy, tracking toward the top of the NFL draft board for his position next spring. “He’s the best tight end in America, but he’s also the most complete tight end in America," Allar said. Warren is coming off a 190-yard performance at Purdue that included 63 yards on three rushes and 127 yards on eight receptions. “He has the ability to take a play that should be 2 or 3 yards and turn it into 30 or 40,” Gophers defensive end Danny Striggow said. Penn State defensive end Abdul Carter has 171⁄2 tackles for loss, the second-most in the FBS, and eight sacks to match the third-most in the Big Ten. He has a challenging matchup this week with Minnesota left tackle Aireontae Ersery across from him in a battle of projected first-round NFL draft picks. Gophers coaches told Striggow and his fellow defensive linemen a couple of seasons ago to relish the opportunity to face Ersery in practice. “That’s one of the best looks in the country that you’re going to get,” Striggow said. Carter has successfully made the transition from linebacker this season. “He is impacting the game in a number of ways, which creates opportunities for other guys on our defensive line and within our defense and causes a lot of headaches,” Franklin said. “He is becoming more and more of a leader every single day.” Allar and the Nittany Lions have paid particular attention to protecting the ball this week, given the Gophers have 16 interceptions, one short of the national lead. Penn State quarterback Drew Allar feels he’ll need to be especially accurate this weekend considering Minnesota has 16 interceptions on the season. “We’re just going to have to be disciplined and stick to our game plan,” Allar said. The Gophers have a strong group of departing players who will take the field at Huntington Bank Stadium for the final time, including Ersery, quarterback Max Brosmer, wide receiver Daniel Jackson, right guard Quinn Carroll, cornerback Justin Walley, kicker Dragan Kesich and Striggow. “It’s been good to reflect, but it’s not over yet," Striggow said. "Those short windows of reflection, I cut ’em out and then say, ‘We’ve got some more memories to make.’” Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football .
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General Motors Co. and Ford Motor Co. are emphasizing their ability to be flexible in responding to consumer demand in light of potential policy changes under President-elect Donald Trump's administration. The incoming administration could see the elimination of the Inflation Reduction Act's tax credit of up to $7,500 on plug-in vehicles, limits on the most aggressive fuel economy and carbon emission policies in the country's history passed by the Biden administration, greater influence from Tesla Inc. CEO Elon Musk potentially serving in his Cabinet, the renegotiation of the United States-Mexico-Canada trade agreement and a federal framework for self-driving vehicles. Such changes could slow consumer adoption of electric vehicles and elongate the automakers' recuperation of investments in that technology. "The writing is on the wall," said Daniel Ives, analyst at investment firm Wedbush Securities Inc. "They are going to have to peal back their EV strategy. Until everything is official, everyone will stay middle of the road, but big change is coming." Executives of these two Detroit crosstown rivals both said it's unclear exactly what the future will hold, but they expressed confidence in their companies' abilities to navigate that future long-term. GM Chief Financial Officer Paul Jacobson emphasized manufacturing flexibility to switch between building internal combustion engine vehicles and EVs. Meanwhile, John Lawler, Ford's chief financial officer and vice chairman, said the Dearborn automaker's strength lies in its existing offerings of gas and diesel-powered vehicles, EVs and hybrids. Ford is forecasting with various models about potential scenarios, Lawler said. The company already understands that if the tax credits were to end, EV demand and production will decrease unless the company can find a way to bring prices down, though it's already losing money on its EVs. The company last week paused production on its F-150 Lightning truck in Dearborn into the new year to preserve profitability as it projects a $5 billion loss on its Model e EV division. It, however, has eliminated more than $1 billion in costs within the division this year. Consumers aren't willing to pay a premium on EVs, though they are for hybrids, added Sherry House, Ford's vice president of finance and incoming CFO. "What we do is provide choice: ICE, multi-energy hybrid, plug-in, HEV, others," Lawler said. "There'll be other multi-energy choices coming and then EVs, so the strategy is not going to change. We are going to provide consumers choice. They can choose the best propulsion system that fits their duty cycle." Lawler added: "Of course, the IRA plays into it, etc., all that's going to change. So, what we're doing is we're modeling various scenarios, and we will adjust accordingly. We're in pretty good shape, because we do have hybrid vehicles, and we can pivot." GM, on the other hand, doesn't have hybrids in North America after planning to go all in on EVs only to reverse that decision once EV adoption missed expectations. The automaker is planning to reintroduce plug-in hybrids in 2027, because that's the first year of the Biden administration's greenhouse gas tailpipe emission limits. GM also is more vulnerable to a tax credit elimination. Chevrolet has five vehicles that qualify for the full $7,500 and Cadillac has one. Executives expect to produce and wholesale about 200,000 EVs by the end of 2024. Ford has one vehicle that qualifies for the $7,500 tax credit, one for a $3,750 subsidy and luxury brand Lincoln has one eligible for a $3,750 incentive. Jacobson emphasized that the Detroit automaker will continue to reduce its costs and simplify products. The automaker last week announced more layoffs: 1,000 hourly and salaried employees globally in various departments, with a majority working out of the Detroit automaker's Global Technical Center in Warren. "We're going to continue to scale up with demand on the platform that we've established, and we're going to continue to lean into that, because we do believe that EV penetration is a long-term objective," Jacobson said. "We've got to make sure that we have reasonable regulation alongside where consumers are and where demand is. The technology is going to continue to win people over, but we've got to be able to produce vehicles that our customers want, and we have the unique position ... of having a lot of flexibility embedded into our operation, to be able to respond to where consumer demand is." He specifically referenced the Spring Hill Manufacturing plant in Tennessee. It's a flexible plant that produces both gas-powered and electric vehicles on the same line. Workers there build the Cadillac Lyriq EV and Cadillac XT5 and XT6 SUVs as well as Honda Motor Co. Ltd. EVs. Jacobson added that GM will work with the incoming administration on the best path forward while focusing on cutting costs. GM has a cost-reduction program with a $2 billion goal it's expecting to hit by the end of 2024. Ford is focused on further reducing costs, too. It has eliminated $2 billion is expenditures this year, and the company on Wednesday announced 4,000 layoffs in Europe by 2027. The company has a $7 billion cost disadvantage to its competition, Lawler said: about $4 billion from warranty costs, $2 billion from materials and $1 billion from footprint. "That's the big unlock for us," Lawler said, "when we think about these product launches." Footprint will change over time, Lawler said, though he noted a heavy U.S. footprint could become more of an advantage in light of potential increased tariffs on Mexican-built vehicles and components. "When we talk about some of our cost disadvantage versus competition, that's part of it," he said, "but maybe that becomes a positive going forward." Meanwhile, with Tesla prioritizing its large-margin business of self-driving semi-autonomous software, creating national standards for the deployment and regulation of that technology could be a priority. Ford especially has emphasized data and telematics software offerings with its Ford Pro commercial business. It also has been expanding the number of models on which consumers can use its BlueCruise hands-free highway driving technology, whose prices it slashed in October. GM has a similar Super Cruise technology. It's also rebooting Cruise LLC, its self-driving business, after a pedestrian crash in October 2023 led to major safety scrutiny. Cruise has started supervised driving in multiple markets. GM recently named Marc Whitten, a former Amazon executive and founding engineer at Xbox, as its new CEO. Cruise was a bragging point for GM at its Investor Day in 2021. Executives boasted the unit could deliver annual revenue of $50 billion by decade's end, helping to double the automaker's revenues to about $280 billion by 2030. At its October 2024 Investor Day event, GM CEO Mary Barra said the company would be disciplined with its investments in Cruise and that it was having discussions with potential partners. "For people that are worried about the future, I don't think GM goes to zero If Cruise isn't successful," Jacobson said. "It's a case of: Can we do what we've been doing really well, and is there a growth story attached to it that comes with software? So we're really prioritizing software execution and getting the vehicles to the level where they can support a whole host of over the-air upgrades. That takes a little bit of time, but it's progress that we're making." 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TAZEWELL, Va. — A major loan will help bring a new project to the Bluestone Regional Business and Technology Park in Tazewell County. The Tazewell County park was among almost $5 million in grants and loans announced this week by the Virginia Coalfield Economic Development Authority. Two loans, including one for an as yet unannounced new jobs project and one for an existing business expansion, as well as 13 grants — which all combined totaled $4.57 million — were approved Thursday during a meeting of the Virginia Coalfield Economic Development Authority Board (VCEDA). An up to $3 million loan to the Tazewell County Industrial Development Authority for an as yet unannounced project to be located in the Bluestone Regional Business and Technology Center shell building was the new jobs project approved, VCEDA officials said. The money will be used for site development, paving, installation of utilities, building construction and upfits as well as for workforce development and training, on-the-job training and/or the purchase of equipment, machinery and tools. The approvals agreed to Thursday bring total VCEDA funding approved in 2024 to $13,342,233 in the form of six approved loans totaling $11,529,000 and 31 approved grants which make up the remainder of the approved 2024 funding, VCEDA officials said. Most of the activity has been in manufacturing and in seed capital matching grants. Eleven seed capital matching grants were also approved last week to assist new small business start-ups. VCEDA Executive Director/General Counsel Jonathan Belcher said that staff are currently working around 34 active business development projects, adding, year-to-date in 2024, VCEDA has closed two loans and 27 grants totaling $4.4 million for a projected 317 new full-time and 117 part-time jobs and $23.9 million in private investment. He also said in 2024 year to date, VCEDA has attended 29 outreach marketing events throughout the United States. In other action, the VCEDA Board approved an up to $1.315 million loan for an as yet unannounced existing business new jobs expansion to be used to finance the purchase of equipment, machinery and tools, workforce development and training. Two projects related to tourism were approved and included an up to $100,000 grant to the Buchanan County Industrial Development Authority to be used to finance a preliminary engineering report and construction of a scenic wildlife viewing pullover along Corridor Q in Buchanan County. Eleven seed capital matching grants for $10,000 each were approved for The Athlete’s Bakery & Blends LLC and Triple J Angus Farms, LP in Tazewell County; Little Notions Quilt Shop LLC in Dickenson County; MT.3D Printing LLC and Outsiders Pizzeria and Bar in Lee County; Stay Fly Drone Service, LLC in Russell County; J Starnes Enterprises LLC d/b/a Blue Line Treats, Franco’s Gate City Bistro LLC, Revolutionary Market LLC and ELH Investments LLC d/b/a The Edison in Scott County; and Foam Solutions LLC in Wise County. In other business, a request from non-profit Appalachian Agency for Senior Citizens to forgive and convert into a grant the outstanding balance of $154,166.82 on a $250,000 loan was approved by VCEDA to AASC on Feb. 6, 2017 for the Falls Mills adult day care center project was also approved. Board members also approved the extension of disbursement deadlines for the following: – Southwest Virginia Community College Foundation/Solar Accelerator project, to a new disbursement deadline of Nov. 18, 2026. – Breaks Interstate Park in Buchanan County for a February 2023 grant approved for improvements at the park, to a new grant disbursement deadline of Feb. 16, 2026. The board also approved a request from Simmons Equipment Company in Tazewell, Va. to amend and modify its $250,000 loan from VCEDA.Aaron Rodgers Out and Daniel Jones In for Jets?Silo Pharma stock hits 52-week low at $0.83 amid market challenges