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Class 3A No. 1 Greensburg traveled to Evansville for the North Basketball Showcase Saturday. In the Lady Pirates’ opener, Greensburg faced No. 2 Silver Creek. The Lady Dragon battled to the end, but Greensburg made the plays and free throws at the end to hold off Silver Creek 66-59. After a 4-4 tie in the first quarter, Greensburg outscored the Lady Dragons 11-5 to lead 15-9 after the first eight minutes of action. In the second quarter, Greensburg increased the lead to 10 points on three occasions at 19-9, 26-16 and 28-18. With Greensburg leading 30-22, Silver Creek closed the second quarter on a 6-0 run to close the half trailing by just two points, 30-28. Silver Creek was able to keep that momentum in the early part of the third quarter. The Lady Dragons took a 3-point lead at one point. Leading 46-45, Greensburg went on a 7-0 run to end the quarter with the Lady Pirates leading 53-45. Greensburg scored the first two of the fourth quarter to make it a 9-0 run and a 10-point advantage. The Greensburg lead was at 10 at 55-45, 57-47 and 59-49 before Silver Creek made a final push. The Lady Dragons cut the deficit to 59-57 and then to 61-59 before three free throws and a late bucket by Greensburg sealed the 66-59 victory. For the Lady Pirates, Claire Larrison scored 23 points to go with seven rebounds, two assists and three steals. Mylie Wilkison added 18 points, three rebounds, three assists and two steals. Leah West finished with 11 points and three rebounds. Aly Powers had six points, six rebounds and three assists. Mary Harmon finished with four points one rebound and a team-high five assists. Emma McQueen had two points two rebounds and three assists. The Lady Pirates took on Princeton Saturday evening and moved to 10-0 with a 68-52. Greensburg led 16-7 after the first quarter and 30-17 at the half. The lead was stretched to 49-32 after three quarters. Greensburg shot 56 percent from the field and 74 percent from charity stripe. Greensburg scored 36 points in the paint and dished out 21 assists as a team. For the Lady Pirates, Larrison stuffed the stat sheet with 19 points, 14 rebounds, six assists and one steal. Wilkison tallied 15 points, two rebounds, three assists and one steal. West added 14 points, two rebounds one assist and one steal. Harmon had eight points, three assists and four steals. Powers added eight points, three rebounds, five assists and three steals. McQueen had two points, four rebounds and one steal. Kahlen Adams scored two points and Emma Kuntz had one rebound and one assist. Oldenburg 45 South Decatur 27 The Lady Twisters picked up a road win at South Decatur 45-27 to improve to 7-1 on the season. The Lady Cougars drop to 5-5 heading into Thursday’s game at Hauser. Makayla Somers led the Lady Cougars in scoring with seven points. Paige McQueen and Makayla Puckett were next for South with six points each. Raegan Benge scored four points. Taylor Somers and Dalilah Martin both had two points. Taylor Somers grabbed a team-high eight rebounds. Makayla Somers added six rebounds. Puckett and Martin both had two rebounds. Puckett dished out a team-high three assists. McQueen and Makayla Somers both had two assists. Makayla Somers led South with three steals. Batesville 50 Shelbyville 43 The Lady Bulldogs picked up win No. 7 on the season with a 50-43 win at Shelbyville. Batesville led at every quarter break en route to the victory. For the Lady Bulldogs, Marlee Obermeyer tallied 14 points, two rebounds, one assist and one steal. Kaylin Kathmann finished with 12 points, two rebounds, two assists and one steal. Madely Haskamp added a double double: 10 points, 12 rebounds and two assists. Sydney Campbell had eight points, seven rebounds, two assists and three steals. Sophie Gesell contributed six points, seven rebounds, four assists and four steals. Nora Wiedeman added two rebounds, one assist and one steal. Lydia Haskamp had one rebound and one steal. Batesville hosts Lawrenceburg Tuesday. Bishop Chatard 44 Rushville 30 The Lady Lions traveled to Bishop Chatard Saturday and were defeated 44-30. Both teams are 4-4 on the season. Trisha Morgan led the Lady Lions in scoring with 10 points and added three rebounds and two steals. Carly Senour finished with eight points, five rebounds, one assist and one steal. Leonie Boyer tallied seven points, eight rebounds, three assists, one block and one steal. Charlotte Caviness had two points, two rebounds and one assist. Kelsey Morgan added two points, one rebound and one assist. Makenna Ripberger had one point, three rebounds, one block and one steal. Mikayla Herbert had one rebound and one assist. Gracie Buzzard had five rebounds and one steal. Audrey Angle grabbed two rebounds. The Lady Lions host Whiteland Wednesday. EIAC Friday Lawrenceburg 37, Richmond 21 Saturday Batesville 50, Shelbyville 43 Connersville 61, Hamilton Heights 38 Greensburg 66, Silver Creek 59 Greensburg 68, Princeton 52 Bishop Chatard 44, Rushville 30 Jac-Cen-Del 60, South Dearborn 53 MHC Friday Englewood 82, Southwestern 14 Triton Central 75, Waldron 45 Saturday Hauser 53, Crothersville 30 Knightstown 47, Edinburgh 40 Oldenburg 45, South Decatur 27Jada Williams' goal was to 'play for her team for 5 minutes' after sprained ankle against GCU
Short Interest in Energous Co. (NASDAQ:WATT) Increases By 24.3%Stock futures were flat in overnight trading Sunday evening ahead of the last few trading sessions of 2024. Futures tied to the Dow Jones Industrial Average were flat, while S&P 500 futures edged up 0.04%. Nasdaq-100 futures rose 0.1%. > 24/7 San Diego news stream: Watch NBC 7 free wherever you are The major averages are heading into the yearend shy of record levels, with the S&P 500 and Dow up more than 25% and 14%, respectively, and on track for the best year since 2021. The Nasdaq has gained more than 31%. The benchmarks are also headed for a winning fourth quarter, with the Nasdaq on pace for its longest quarterly winning streaking since the second quarter of 2021. Despite a losing session for all the major averages on Friday, investors are hoping that stocks will continue to rise into the year-end and the new year, and trigger what's known as a Santa Claus Rally. The phenomenon refers to the market rising into the final five trading days of a calendar year and the first two in January. The S&P 500 has returned 1.3% on average during this period since 1950, according to LPL Financial. This week ushers in a light period for economic data, with the market closed Wednesday in observance of New Years Day. Chicago PMI and pending homes sales data are due out Monday. Also on CNBC Goldman sees nearly 43% upside for this little-known China robotaxi stock Dow falls more than 300 points Friday but breaks 3-week losing streak The economic lookout for 2025 is strong, but plenty could go wrong
Oregon beats San Diego State, improves to 7-0Authored by Lance Roberts via RealInvestmentAdvice.com, Last week, we discussed that the selloff heading into Christmas was the setup for the beginning of the year-end “Santa Claus” rally. On Christmas Eve, Santa arrived, pushing the markets back above the important 50-DMA. However, the market sold off on Friday to successfully retest the 50-DMA. While it may seem that the “Santa Rally” stalled, I suspect that we could see some buying next week as portfolio window dressing concludes and traders position portfolios in the first two days of January. As shown, momentum and relative strength are weak currently, but if the market can break back above the 20-DMA, this should bring buyers into the market. As we noted previously, the sell signal keeps a lid on price appreciation, and until that reverses, there is limited upside to the markets over this week. There is also the 24% possibility that a rally fails to materialize entirely. We suggest managing portfolio risk until the market ultimately makes a decisive move. We continue to monitor yield spreads, which remain near the lowest level since the “Financial Crisis.” When yield spreads were this low previously, this equated to excessive optimism about financial market conditions. This is the same currently, as investors are willing to overpay for the risk they are taking on. Unfortunately, such has not ended well previously, but yield spreads will be the leading indicator for investors to reduce portfolio risk more aggressively. For now, optimism remains high. But as we will discuss today, that is also a problem we need to monitor closely. In “ 2025 Predictions, “ we showed some early indications of Wall Street targets for the S&P 500 index, and, as is always the case, optimism for the coming year is very high. The median estimate is for the market to rise to 6600 next year, which would be a disappointing return of just 8.2% after two years of 20% plus gains. However, the high estimate from Wells Fargo suggests a 14% return, with the low estimate from UBS of just a 5% return. Notably, there is not one estimate available for a negative return. Interestingly, optimism for 2025 has taken on an interesting twist. Over the last two years of above-average returns, earnings growth has come from just the top-7 market capitalization companies in the S&P 500 index. However, analysts now expect earnings to shift from the bottom 493 companies in the index. The optimism in these assumptions is interesting because the economy has grown strongly over the last two years, yet those 493 companies could not grow earnings. What will change in 2025? Yes, President Trump has promised to extend the Tax Cuts and Jobs Act, but that doesn’t change the previous tax rate in the last two years. He has proposed to remove tax on tips and social security, but that impacts only a small percentage of the population. On the other hand, depending on the scale and areas of impact, deregulation could improve earnings, but much of that will have to be passed through Congress, which could prove difficult. The Federal Reserve hopes to continue to cut interest rates, but sticky inflation could slow that process, particularly if economic growth remains strong into 2025. Even if the economy continues to grow strongly, what will cause the shift in earnings growth from those dominant market players to much smaller companies? Such is particularly the case given the continued reversal of monetary liquidity in the economy, with higher borrowing costs and declining consumer savings rates. However, while analyst’s optimism about earnings growth in 2025 is high, which would take earnings well above the long-term growth trend, those estimates are already reversing toward reality. In the last six months, estimates have dropped by $3 per share and will likely be closer to $220 per share by next year. As shown, earnings tend not to deviate from the long-term trend for long, and typically, those deviations only occur during recessions and immediate recoveries. As discussed recently , if earnings revert toward the long-term trend, which should be expected given that earnings are a function of economic growth, the current valuations become more problematic. “While the bullish optimism is possible, that outcome faces many challenges in 2025, given the market already trades at fairly lofty valuations. Even in a “soft landing” environment, earnings should weaken, which makes current valuations at 27x earnings more challenging to sustain. Therefore, assuming earnings decline toward their long-term trend, that would suggest current estimates fall to $220/share by the end of 2025. This substantially changes the outlook for stocks, with the most bullish case being 6380, assuming a roughly 4.5% gain versus every other outcome, providing losses ranging from a 2.6% loss to a 20.6% decline.” But again, those assumptions are based on a continued moderation in economic growth. However, to justify the optimism for increased earnings growth, we must also expect that: Economic growth remains more robust than the average 20-year growth rate. Wage and labor growth must reverse (weaken) to sustain historically elevated profit margins . Both interest rates and inflation need to decline to support consumer spending. Trump’s planned tariffs will increase costs on some products and may not be fully offset by replacement and substitution. Reductions in Government spending, debt issuance, and the deficit subtract from corporate profitability (Kalecki Profit Equation). Slower economic growth in China, Europe, and Japan reduces demand for U.S. exports, slowing economic growt h. The Federal Reserve maintaining higher interest rates and continuing to reduce its balance sheet will reduce market liquidity. You get the idea. While optimism about economic and earnings growth is elevated going into 2025, there are risks to those forecasts. Such is particularly true when examining current economic data’s relative strength and trend. Subdued manufacturing activity, slowing GDP growth, and cautious consumer behavior all point to an economic environment less supportive of aggressive earnings growth. As such, investors must carefully navigate the disconnect between high Wall Street expectations and softening economic conditions. A better way to visualize this idea is to look at the correlation between the annual change in earnings growth and inflation-adjusted GDP. There are periods when earnings deviate from underlying economic activity. However, those periods are due to pre- or post-recession earnings fluctuations. Currently, economic and earnings growth are very close to the long-term correlation. Heading into 2025, real personal consumption expenditures (PCE) remain above real retail sales. While such deviations can occur, they tend not to remain that way long, given that retail sales comprise about 40% of PCE. Such suggests that in 2025, PCE will begin to converge with retail sales, resulting in slower economic growth rates. The following graph visualizes the plight of the average American by showing the “gap” between the cost of living and income and savings. To fund the current cost of living, consumers must spend all of their income and savings and then subsidize the remainder with almost $4000 in debt annually. This is why total consumer debt continues to rise, which does sustain economic activity in the near term. However, the longer-term impact is slower economic growth as consumers cannot take on excess debt. Also, if interest rates remain elevated, the impact on economic growth is exacerbated. So, if economic growth slows next year, as the Federal Reserve expects, why is Wall Street so optimistic? When Wall Street wants to make a stock offering for a new company, it has to sell that stock to someone to provide its client, the company, with the funds it needs. The Wall Street firm also makes a very nice commission from the transaction. Generally, these publicly offered shares are sold to the firm’s biggest clients, such as hedge funds, mutual funds, and other institutional clients. But where do those firms get their money? From you. Whether it is the money you invested in your mutual funds, 401k plan, pension fund, or insurance annuity, you are at the bottom of the money-grabbing frenzy. It’s much like a pyramid scheme – all the players above you are making their money...from you. In a study by Lawrence Brown, Andrew Call, Michael Clement, and Nathan Sharp, it is clear that Wall Street analysts are not interested in you. The study surveyed analysts from major Wall Street firms to understand what happened behind closed doors when research reports were being put together. In an interview with the researchers, John Reeves and Llan Moscovitz wrote: “Countless studies have shown that the forecasts and stock recommendations of sell-side analysts are of questionable value to investors. As it turns out, Wall Street sell-side analysts aren’t primarily interested in making accurate stock picks and earnings forecasts. Despite the attention lavished on their forecasts and recommendations, predictive accuracy just isn’t their main job.” The chart below is from the survey conducted by the researchers, which shows the main factors that play into analysts’ compensation. What analysts are “paid” to do is quite different from what retail investors “think” they do. “Sharp and Call told us that ordinary investors, who may be relying on analysts’ stock recommendations to make decisions, need to know that accuracy in these areas is ‘not a priority.’ One analyst told the researchers: ‘The part to me that’s shocking about the industry is that I came into the industry thinking [success] would be based on how well my stock picks do. But a lot of it ends up being “What are your broker votes?”‘ A ‘broker vote’ is an internal process whereby clients of the sell-side analysts’ firms assess the value of their research and decide which firms’ services they wish to buy. This process is crucial to analysts because good broker votes result in revenue for their firm. One analyst noted that broker votes ‘directly impact my compensation and directly impact the compensation of my firm.’” The question becomes, “ If the retail client is not the firm’s focus, then who is?” The survey table below clearly answers that question. Not surprisingly, you are at the bottom of the list. The incestuous relationship between companies, institutional clients, and Wall Street is the root cause of the ongoing problems within the financial system. It is a closed loop portrayed as a fair and functional system; however, it has become a “ money grab” that has corrupted the system and the regulatory agencies that are supposed to oversee it.CLEVELAND (AP) — Jameis Winston didn't throw a pick-6 on Sunday in Pittsburgh. There's progress. In this lost season for the disappointing and shockingly bad Cleveland Browns, the small victories matter. Winston, who has been entertaining if not always effective in six starts, did have a pair of interceptions. But the Browns were more harmed by Dustin Hopkins missing two more field goals in falling 27-14 to the Steelers, who haven't lost a regular-season home game to Cleveland since 2003. Coming off a 497-yard passing performance, which included two pick-6's in a loss at Denver last Monday night, Winston played more cautiously against the Steelers (10-3). However, he still made mistakes and couldn't rally the Browns (3-10), who were trying to sweep the season series from their division rival for the first time in 36 years. Now that the Browns have officially and mathematically been eliminated from the AFC playoffs — logically, that happened weeks ago — it's probably time for them to start planning ahead for next season. But that won't include a change at quarterback as coach Kevin Stefanski said Monday that Winston, who has revived Cleveland's offense since taking over when Deshaun Watson ruptured his Achilles tendon in October, will start this week against the defending Super Bowl champion Kansas City Chiefs. “Our focus right now is really just trying to find ways to get a win,” Stefanski said. While there's an argument to be made that the Browns should play second-year QB Dorian Thompson-Robinson over the next four weeks to see if he fits into their future, Stefanski is sticking with Winston, who has emerged as a viable option to start for Cleveland next season. Of course, with it being the Browns, all plans are subject to change. So there's a reasonable chance that Thompson-Robinson, who made three starts and played in eight games as a rookie, could get some time before the season ends. Stefanski wouldn't get into any specifics for his decision to ride with Winston, who has thrown for 1,892 yards while going 2-4 as a starter. “We’re just going to continue to do everything we can to play better,” Stefanski said on a Zoom call. “Obviously I think we can play better on offense. Certainly as a team we can play better, but really the focus is making sure that we put our guys in position to find a way to win.” Winston at least gives the Browns a chance to finish with some dignity. At this point, that's all they got. What's working Stefanski has kept his players focused and motivated. The Browns haven't quit, and that's a strong signal that Stefanski still has his player's attention in a season filled with disappointment. It might be more challenging now that the Browns are only playing for pride, but guard Wyatt Teller is confident the team will fight until the end. “It doesn’t matter if you’re in playoff contention or not,” he said. “You’re going to do the best you can to play at a high level and protect your brothers.” What needs help Penalties have been a problem all season (11 in the opener) and continued Sunday as the Browns were called for nine infractions, including a pair of personal fouls in the second half. Cleveland leads the NFL with 53 pre-snap penalties. Stock up Right tackle Jack Conklin. For the second straight game, Conklin, with some help from others, held Steelers star pass rusher T.J. Watt without a sack. Conklin's comeback after undergoing knee reconstruction last season has been a bright spot in an otherwise dark season. Stock down Hopkins. His two misses — a 38-yarder at the end of the first half and a 43-yarder early in the third quarter — were beyond deflating. Two makes and the game would have been tied at 13. So steady while going 33 of 36 and making all eight kicks from over 50 yards a year ago, Hopkins is in a 3 of 9 tailspin. The team's decision to sign him to a three-year, $15.9 million extension this summer appears to be another miss. Still, Stefanski is confident Hopkins will find his kicking swing. “This is something that I know he can get through,” Stefanski said. “We’ll get through it together. He’s a veteran. He’s been through a lot in his career already and this is something we’ll continue to work through.” Injuries CB Greg Newsome II injured the same hamstring Sunday that he had surgery on during the summer. Stefanski said Newsome will “miss time,” but did not say how much. ... DB Mike Ford is in concussion protocol after being hurt in the first half. ... Stefanski ruled out LB Jeremiah Owusu-Koramoah again this week with a neck injury, but didn't provide any updates on his condition. Owusu-Koramoah was eligible to return last week. He got hurt on Oct. 27 while tackling Ravens running back Derrick Henry. Key number 99 1/2 — Career sacks for Myles Garrett, who recorded his 11th this season on Sunday. Garrett has 13 sacks against the Steelers, including six in his past three games. What's next A visit on Sunday from the Chiefs and perhaps pop superstar Taylor Swift, who could celebrate her birthday (Dec. 13) with a weekend in boyfriend Travis Kelce's hometown. ___ AP NFL: https://apnews.com/hub/NFL Tom Withers, The Associated PressRD Lee Capital Partners Launches RDL Hotel Fund I Provides Innovative Investment Opportunities in the U.S. Hotel Market
Oregon beats San Diego State, improves to 7-0During Galaxy Unpacked 2025, Samsung will unbox the Galaxy Ring 2 and pre-release AR smart glasses and much more. Now, Samsung just formally announced a Galaxy Unpacked 2025 launch event that they will host announcing a few of the newest and greatest technologies. Highlights include the unveiling of Galaxy Ring 2, the next generation of the smart ring, and a much-awaited sneak preview of the AR smart glasses from Samsung. To highlight, the company will also unveil its premium smartphone, the Samsung Galaxy S25, to strengthen its position as a leader in the tech world. Galaxy Ring 2, the next-generation intelligent ring by Samsung, shall be a seamless continuation of the previous generations of such devices. Targeting health fanatics and consumers who like to keep up with the latest technology, the ring is speculated to deliver some of the following advanced features: Galaxy Ring 2 is designed to turn the world of wearables upside down, with the ability to provide rich functionality in a very small form factor. The after the show company will showcase a launch of AR Smart glasses. There are expected to be announced on stage as a premier, and it is planned that there will be presented by company vision of AR glasses. Though just how these relate remains to be seen, the rollout is to hopefully be one step in the process in that Samsung outlines what it would want in terms of a direction of AR and, therefore help define the vision for the future of innovation. The session also showcases top-level solutions in the Samsung Galaxy S25 series of offerings developed at the top end of the market for consumer goods. Rumors surrounding S25 have included a few features. Confirmed ✅ The S25 Slim features ALoP technology. This allows for a reduction in the thickness of the camera bump, solving the issue of the camera bump appearing protruded. Source: Meritz Securities This will mark a new standard for the flagship mobile phone market when advanced features and stylish designs come into the Galaxy S25. Galaxy Unpacked 2025 is going to be one of the defining launches for Samsung. It will demonstrate advancements in wearable technology, augmented reality, and mobile, all designed to be the springboard for the next generation of innovation. Galaxy Ring 2, AR smart glasses, and Galaxy S25 are all destined to blow minds and reassert Samsung as a visionary tech company on a global stage.
FACT FOCUS: Posts misrepresent Biden administration spending on EV charging stationsN. ILLINOIS (2-5) Durosinmi 0-1 1-2 1, Dent 5-9 3-5 15, Jones 6-14 7-8 20, McPherson 5-10 2-3 13, Munden 1-3 0-2 2, Muhammad 5-11 6-6 21, Sotirov 2-5 2-2 7, Nicholls 1-2 0-0 2, Mott 0-0 1-2 1, Gooden 0-0 0-0 0. Totals 25-55 22-30 82. VALPARAISO (4-2) Ellis 3-6 6-9 12, Co.Schwieger 4-9 7-8 17, De La Cruz Monegro 3-9 6-9 12, DeAveiro 1-6 6-6 8, Wright 5-10 0-0 13, Schmidt 5-9 7-8 17, Sepp 0-4 2-2 2, Shaw 2-3 0-0 5, McNair 0-3 1-2 1. Totals 23-59 35-44 87. Halftime_Valparaiso 41-39. 3-Point Goals_N. Illinois 10-22 (Muhammad 5-7, Dent 2-3, McPherson 1-3, Sotirov 1-3, Jones 1-6), Valparaiso 6-21 (Wright 3-4, Co.Schwieger 2-4, Shaw 1-2, Ellis 0-1, De La Cruz Monegro 0-2, Sepp 0-2, DeAveiro 0-3, McNair 0-3). Fouled Out_Sotirov, Mott. Rebounds_N. Illinois 39 (McPherson 11), Valparaiso 31 (Sepp 8). Assists_N. Illinois 11 (Dent 4), Valparaiso 8 (De La Cruz Monegro, DeAveiro 3). Total Fouls_N. Illinois 32, Valparaiso 20.
DEADLINE NEXT WEEK: Berger Montague Advises Paragon 28 (NYSE: FNA) Investors to Contact the Firm Before November 29, 2024
The past week has seen significant developments in the tech industry, with AI at the forefront. OpenAI announced its transition to a for-profit entity, President-elect Trump appointed a new senior AI advisor, and Google faced intense scrutiny following the release of ChatGPT. Here’s a quick recap of the top stories. OpenAI’s For-Profit Transition Microsoft Corp.-backed MSFT OpenAI has revealed its plans to evolve into a Delaware Public Benefit Corporation (PBC). The company aims to balance shareholder and stakeholder interests while maintaining its public benefit mission. The transition is part of OpenAI’s mission to advance artificial general intelligence (AGI) for the benefit of all humanity. Read the full article here. Trump’s New AI Advisor President-elect Donald Trump has appointed Sriram Krishnan, a former general partner at Andreessen Horowitz, as senior policy advisor for AI. Krishnan will work closely with David Sacks, recently named Trump’s "AI and crypto czar." The move is part of Trump’s efforts to ensure America’s technological dominance and foster scientific breakthroughs. Read the full article here. See Also: Microsoft Invested Nearly $14 Billion In OpenAI But Now It’s Reducing Its Dependence On The ChatGPT-Parent Google’s ‘Code Red’ Following the release of OpenAI’s ChatGPT, Alphabet Inc. GOOG GOOGL Google declared a “Code Red”. The tech giant faced criticism for lagging behind rivals like Microsoft in integrating ChatGPT-like capabilities into its products. However, Alphabet’s latest advancements in AI and quantum computing are rebuilding its reputation and investor confidence. Read the full article here. Palantir: The ‘Next Oracle’ According to Wedbush Securities analyst Dan Ives, Palantir Technologies Inc. PLTR could emerge as "the next Oracle" in the AI revolution. Despite its stock surging 395.42% in 2024, Ives maintains a strong conviction in the company's growth trajectory. Read the full article here. Microsoft’s Reduced Dependence on OpenAI Microsoft is reportedly planning to reduce its dependence on OpenAI, the maker of ChatGPT. The company is working on integrating internal and third-party AI models into its AI product, Microsoft 365 Copilot. Read the full article here. Peter Thiel’s Bet on AI Former PayPal CEO Peter Thiel has shared his perspective on the evolving role of AI and its potential impact on math skills. Thiel suggested that the rise of AI could reduce the emphasis on math proficiency and lead to a societal transformation. Read the full article here. Read Next: NIO Announces Repurchase Opportunity For Convertible Senior Notes Due 2027 Photo courtesy: Shutterstock This story was generated using Benzinga Neuro and edited by Rounak Jain © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.OneStream Announces Full Exercise of Underwriters' Option to Purchase Additional Shares in Secondary Offering of Class A Common Stock