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super ace unli scatter demo NoneHopes for a Santa Claus rally on Wall Street fell Friday as tech stocks slid lower, while a weaker yen lifted Japanese equities New York, (APP - UrduPoint / Pakistan Point News - 28th Dec, 2024) Hopes for a Santa Claus rally on Wall Street fell Friday as tech stocks slid lower, while a weaker yen lifted Japanese equities. US indices slumped to end the holiday week, with the tech-heavy Nasdaq Composite losing 1.5 percent. Shares in Tesla were closed around 5.0 percent lower, while those in AI chipmaker Nvidia shed around 2.0 percent. Wall Street stocks have historically performed well around the year-end holidays in what is popularly known as a Santa Claus rally. A Christmas Eve jump in equities got the Santa rally off to a flying start and indices barely budged in Thursday trading. Briefing.com analyst Patrick O'Hare also pointed to an increase in 10-year US Treasury bond yields to around 4.6 percent, which he noted is a rise of nearly 0.9 percentage points since the US Federal Reserve made its first recent interest rate cut in September. "The Fed doesn't hold sway over longer-dated maturities like it does over shorter-dated securities, so the bump in rates at the back end of the curve is being watched with an anxious eye as a possible harbinger of a pickup in inflation and/or the budget deficit," O'Hare said. Wall Street stocks took a knock earlier this month when the Fed indicated it would likely cut interest rates less than it had previously expected to. That was in part because of uncertainty tied to President-elect Donald Trump's vow to raise import tariffs, which could boost inflation that is already proving sticky. In Asia, Japan's Nikkei index closed up nearly two percent, with the yen's recent weakness proving a boon for major exporters. The yen hit 158.08 per US dollar on Thursday evening -- its lowest in almost six months -- following comments made by Bank of Japan Governor Kazuo Ueda that failed to give a clear signal on a possible interest rate increase next month. Recent data has showed Japan's inflation rose for a second month in December, while industrial production declined less than expected in November and retail sales came in higher than estimated last month. Japan's government also on Friday approved a record budget for the next fiscal year, ramping up spending on social welfare for its ageing population and on defense to tackle regional threats. In Seoul, the stock market closed down one percent after the won plunged to a nearly 16-year low of 1,487. 03 against the dollar on Friday morning. South Korea is struggling to emerge from political turbulence in the wake of President Yoon Suk Yeol's martial law declaration this month, which prompted his impeachment. Acting President Han Duck-soo was also impeached Friday in a vote that prompted governing party lawmakers to protest with angry chants and raised fists. South Korea's business outlook for January fell in the Bank of Korea's composite sentiment index, the biggest month-on-month slide since April 2020, according to data based on almost 3,300 firms released Friday. In Europe, Frankfurt's DAX index rose after German President Frank-Walter Steinmeier dissolved parliament on Friday and confirmed the expected date for the early general election, emphasizing the need for "political stability" in Europe's largest economy. - Key figures around 2115 GMT - New York - Dow: DOWN 0.8 percent at 42,992.21 (close) New York - S&P 500: DOWN 1.1 percent at 5,970.84 (close) New York - Nasdaq Composite: DOWN 1.5 percent at 19,722.03 (close) London - FTSE 100: UP 0.2 percent at 8,149.78 (close) Paris - CAC 40: UP 1.0 percent at 7,355.37 (close) Frankfurt - DAX: UP 0.7 percent at 19,984.32 (close) Tokyo - Nikkei 225: UP 1.8 percent at 40,281.16 points (close) Seoul - Kospi: DOWN 1.0 percent at 2,404.77 (close) Hong Kong - Hang Seng Index: UP 0.1 percent at 20,116.93 (close) Shanghai - Composite: UP 0.1 percent at 3,400.14 (close) Euro/dollar: UP at $1.0429 from $1.0424 on Thursday Pound/dollar: UP at $1.2579 from $1.2526 Dollar/yen: DOWN at 157.89 yen from 158.00 yen Euro/pound: DOWN at 82.87 pence from 83.19 pence West Texas Intermediate: UP 1.4 percent at $70.60 per barrel Brent North Sea Crude: UP 1.2 percent at $74.17 per barrel burs-rl/rlp/bys/sms TOYOTA MOTOR INVESTOR AB S&P Global Ratings NETFLIX Tesla Amazon.comPSO board approves agreement with Azerbaijan’s SOCAR A man drinks water from a cooler at a Pakistan State Oil petrol station in Peshawar, on October 2, 2017. —Reuters KARACHI: The Management Board of Pakistan State Oil Company Limited (PSO), the state-owned oil marketing company (OMC), has approved the execution of a sale and purchase agreement (SPA) with the State Oil Company of the Republic of Azerbaijan (SOCAR). googletag.cmd.push(function() { googletag.display('div-gpt-ad-1700472799616-0'); }); According to a notice issued by PSO to the Pakistan Stock Exchange (PSX), the signed agreement from SOCAR was received on December 24, and its execution is planned to take place in due course. In its earlier communication dated November 8, PSO had informed the PSX that the company would provide an update once the SPA was executed. The agreement’s progress follows confirmation of the Economic Coordination Committee’s (ECC) decision, its subsequent ratification by the federal cabinet, and formal approval by PSO’s management board. The Ministry of Energy (Petroleum Division) communicated the ECC’s approval and the federal cabinet’s ratification of the SPA to PSO in a letter dated December 3. The ministry also instructed PSO to expedite the necessary arrangements for signing the agreement with SOCAR, according to the notice.

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By Kemberley Washington, CPA, Bankrate.com (TNS) As the end of the year approaches, now’s the time to start preparing for filing your 2024 tax return in 2025. When it comes to tax strategies, generally Dec. 31 is the deadline to make changes that might lower your tax bill. One major exception is the deadline for contributing to a Roth or traditional IRA : You have until April 15, 2025, to make a contribution to a Roth or traditional IRA for tax year 2024. If you qualify for deductible IRA contributions , then a contribution to your traditional IRA can reduce your taxable income for 2024. Here are tips and strategies to prepare now for the 2025 tax-filing deadline. If you had significant changes in your life in 2024 — maybe you got married or divorced, started your own business, or had to claim unemployment benefits — your taxes may be more complicated. As a result, you might need to hire a certified public accountant (CPA), enrolled agent (EA) or other tax professional to prepare and file your taxes. If you decide to hire someone, it’s best to start planning for that sooner rather than later. Waiting until the calendar flips to April could cost you. The average fee for a professional to prepare and file a simple Form 1040 tax return, with no itemized deductions, is about $220, according to a survey by the National Society of Accountants in 2020-2021, the most recent data available. But that amount rises quickly for more complex returns, and varies depending on where you live. For example, a Form 1040 with itemized deductions costs an average of $432 in states on the Pacific Coast, compared with $285 in New England. No matter where you live, prices usually rise as the tax deadline approaches, so it’s smart to start searching for a tax pro soon. If you’re uncomfortable doing your taxes on your own and can’t afford a CPA, enrolled agent or other tax pro, or to pay for tax software , there are free options to consider. The IRS currently offers three ways to prepare your taxes for free: •With the IRS Free File program, the IRS partners with for-profit tax-software companies that offer free tax-prep software to eligible taxpayers so they can file their federal tax returns for free. Some taxpayers may also qualify for a free state tax filing, depending on the software provider. In January, the IRS will announce the income limit to qualify for the program for the 2025 tax season (for filing 2024 tax returns). For the 2024 tax season (2023 tax returns), taxpayers’ adjusted gross income (AGI) couldn’t exceed $79,000. •The IRS also offers its Direct File program, a free tool that allows you to file your federal income tax return directly with the IRS at no cost. The program supports simple tax returns and is available only in certain states. Check to see if you qualify here. •Another free-filing option is the Volunteer Income Tax Assistance (VITA) program. IRS-certified volunteers offer free basic tax preparation in person to people who earn less than $67,000 a year, are disabled or whose English is limited. The IRS has an online location tool for hundreds of free tax preparation sites in the U.S. (the locator tool is updated from February through April). Some VITA sites also offer online tax-prep assistance. Now is a good time to create an IRS online account. If you want to see your Form 1040 from last year, or you’re missing a prior year Form W-2 or mortgage interest statement, you can find your documents using this free tax tool. Another benefit of creating an IRS online account is that it allows you to quickly obtain your prior year’s tax information without sitting on the phone for hours with an IRS representative, says Carl Johnson, a certified public accountant in New Orleans. An IRS online account also lets you view your account balance and payment history for each year. You can also create a payment plan to settle your federal income tax debt within minutes. If you’re 73 years old and have enjoyed watching your 401(k) or IRA grow tax-free without touching it, remember that the IRS is going to want its share each year. That means you’ll have to make withdrawals — and pay income tax. If you turned 73 in 2024, plan to take your required minimum distribution (RMD) at the latest by April 1, 2025. Read this IRS bulletin for more information. The amount of your RMDs is based on your age and the year-end values of your retirement accounts. A Roth IRA has two big tax advantages over a traditional IRA : Qualified withdrawals are not considered income for federal (and usually state) tax purposes, and you don’t have to take distributions from a Roth every year once you reach age 73. Converting a traditional IRA to a Roth IRA may save you money in the long run. Just know that when you convert an IRA to a Roth, it’s considered taxable income, which will raise your tax bill for that year. Generally, it’s best to convert to a Roth IRA when you’re in a low-income year. As tax season approaches, many people start receiving phone calls, emails and texts from entities claiming to be the IRS. Be wary, and understand that these are scams. Typically, the IRS will mail you a notice before using any other method of communication to notify you concerning issues with your tax return. The IRS won’t reach out via social media or text messaging. Relatedly, the IRS warns taxpayers to be careful when choosing a tax preparer. Taking time to vet your tax preparer is crucial to protect yourself from tax scams and fraud. Before hiring a tax professional, search that person’s name in the IRS database of federal tax return preparers to avoid dishonest “professionals.” “Taxpayers should check the tax professional’s credentials,” Johnson says. Tax pros without credentials “may take questionable positions without any degree of scrutiny or fear of losing their access to the profession,” Johnson says. Taxpayers who don’t file a tax return and owe a tax bill, or who file but don’t pay their tax bill on time, risk severe penalties. The IRS can even seize assets if necessary. Respond quickly if the IRS has been sending you letters because it found an error on your return or claims you owe back taxes. Typically, the IRS will send you a notice if you have a balance due, changes were made to your tax return, or the agency needs additional information. “If you ignore a collection letter from the IRS, you may face wage garnishments, liens, bank levies, and other adverse action. And in some cases, the amount due may increase for failure to respond,” Johnson says. Keep in mind the IRS does offer installment plans and other payment plans. Make copies of your correspondence and use only the U.S. Postal Service, the postmark from which is your proof of timeliness when responding. But whatever you do, don’t ignore the IRS because this may cause more issues in the future. ©2024 Bankrate.com. Distributed by Tribune Content Agency, LLC.Shares of BlackBerry Limited ( NYSE:BB – Get Free Report ) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $4.06 and last traded at $3.96, with a volume of 1704539 shares traded. The stock had previously closed at $3.96. Wall Street Analysts Forecast Growth Several equities analysts have issued reports on the stock. CIBC upped their price target on shares of BlackBerry from $3.50 to $3.60 and gave the company an “outperform” rating in a research report on Thursday, October 17th. StockNews.com upgraded shares of BlackBerry from a “sell” rating to a “hold” rating in a research report on Monday, December 9th. TD Securities upgraded shares of BlackBerry from a “hold” rating to a “buy” rating and upped their price target for the company from $3.25 to $4.00 in a research report on Friday, December 20th. Royal Bank of Canada upped their price target on shares of BlackBerry from $3.00 to $3.25 and gave the company a “sector perform” rating in a research report on Tuesday, December 17th. Finally, Robert W. Baird upped their price objective on shares of BlackBerry from $3.00 to $3.50 and gave the company a “neutral” rating in a research note on Friday, December 20th. Six investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $3.60. Read Our Latest Report on BB BlackBerry Stock Performance BlackBerry ( NYSE:BB – Get Free Report ) last announced its earnings results on Thursday, December 19th. The company reported $0.02 EPS for the quarter, beating the consensus estimate of ($0.01) by $0.03. The company had revenue of $143.00 million during the quarter, compared to the consensus estimate of $144.84 million. BlackBerry had a negative net margin of 21.66% and a negative return on equity of 3.38%. The firm’s revenue for the quarter was down 5.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.01 earnings per share. On average, equities research analysts predict that BlackBerry Limited will post -0.06 earnings per share for the current year. Institutional Trading of BlackBerry A number of large investors have recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. boosted its position in BlackBerry by 83.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 11,769 shares of the company’s stock worth $29,000 after purchasing an additional 5,349 shares during the period. Geode Capital Management LLC boosted its position in BlackBerry by 2.9% during the third quarter. Geode Capital Management LLC now owns 267,073 shares of the company’s stock worth $706,000 after purchasing an additional 7,652 shares during the period. International Assets Investment Management LLC boosted its position in BlackBerry by 60.7% during the third quarter. International Assets Investment Management LLC now owns 20,769 shares of the company’s stock worth $540,000 after purchasing an additional 7,842 shares during the period. Signaturefd LLC boosted its position in BlackBerry by 65.5% during the third quarter. Signaturefd LLC now owns 22,898 shares of the company’s stock worth $60,000 after purchasing an additional 9,063 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its position in BlackBerry by 7.5% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 130,665 shares of the company’s stock worth $327,000 after purchasing an additional 9,156 shares during the period. Hedge funds and other institutional investors own 54.48% of the company’s stock. About BlackBerry ( Get Free Report ) BlackBerry Limited provides intelligent security software and services to enterprises and governments worldwide. The company operates through three segments: Cybersecurity, IoT, and Licensing and Other. The company offers CylanceENDPOINT, an integrated endpoint security solution; CylanceGUARD, a managed detection and response solution; CylanceEDGE, an AI-powered continuous authentication zero trust network access solution; CylanceINTELLIGENCE, a contextual cyber threat intelligence service; BlackBerry Dynamics offers a development platform and secure container for mobile applications; BlackBerry Workspaces a secure Enterprise File Sync and Share (EFSS) solution; BlackBerry Messenger (BBM) Enterprise, an enterprise-grade secure instant messaging solution for messaging, voice and video; BlackBerry SecuSUITE is a certified, multi-OS voice and text messaging solution; BlackBerry AtHoc, a secure networked critical event management solution; and BlackBerry unified endpoint management (UEM) solutions. Recommended Stories Receive News & Ratings for BlackBerry Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackBerry and related companies with MarketBeat.com's FREE daily email newsletter .

Rigetti Computing, Inc. ( NASDAQ:RGTI – Get Free Report ) shares reached a new 52-week high on Thursday . The company traded as high as $13.25 and last traded at $13.03, with a volume of 38463342 shares traded. The stock had previously closed at $11.35. Analyst Ratings Changes RGTI has been the topic of a number of research reports. Needham & Company LLC restated a “buy” rating and issued a $2.00 price target on shares of Rigetti Computing in a report on Wednesday, November 13th. Craig Hallum initiated coverage on Rigetti Computing in a report on Friday, December 20th. They issued a “buy” rating and a $12.00 price target on the stock. Benchmark restated a “buy” rating and issued a $2.50 price target on shares of Rigetti Computing in a report on Thursday, November 14th. Finally, B. Riley upped their price target on Rigetti Computing from $3.50 to $4.00 and gave the stock a “buy” rating in a report on Monday, November 25th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $4.80. View Our Latest Report on Rigetti Computing Rigetti Computing Trading Up 10.6 % Insiders Place Their Bets In related news, Director Michael S. Clifton sold 125,000 shares of the stock in a transaction on Friday, December 6th. The stock was sold at an average price of $4.00, for a total value of $500,000.00. Following the transaction, the director now directly owns 1,188,864 shares of the company’s stock, valued at approximately $4,755,456. This trade represents a 9.51 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website . Also, major shareholder Bessemer Venture Partners X. L. sold 713,886 shares of the stock in a transaction on Friday, November 8th. The stock was sold at an average price of $1.52, for a total value of $1,085,106.72. Following the completion of the transaction, the insider now directly owns 20,868,332 shares in the company, valued at $31,719,864.64. This trade represents a 3.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders have sold a total of 2,955,125 shares of company stock valued at $5,489,354 in the last quarter. 2.81% of the stock is currently owned by company insiders. Institutional Inflows and Outflows Several large investors have recently made changes to their positions in the company. JPMorgan Chase & Co. raised its position in shares of Rigetti Computing by 3.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 62,360 shares of the company’s stock worth $49,000 after buying an additional 2,045 shares during the period. Barclays PLC raised its position in shares of Rigetti Computing by 275.6% in the 3rd quarter. Barclays PLC now owns 185,959 shares of the company’s stock worth $145,000 after buying an additional 136,443 shares during the period. Arete Wealth Advisors LLC acquired a new stake in Rigetti Computing in the 3rd quarter valued at $45,000. Geode Capital Management LLC increased its holdings in Rigetti Computing by 20.6% in the 3rd quarter. Geode Capital Management LLC now owns 3,621,829 shares of the company’s stock valued at $2,837,000 after purchasing an additional 617,506 shares in the last quarter. Finally, Jane Street Group LLC increased its holdings in Rigetti Computing by 23.8% in the 3rd quarter. Jane Street Group LLC now owns 244,496 shares of the company’s stock valued at $191,000 after purchasing an additional 47,013 shares in the last quarter. 35.38% of the stock is owned by hedge funds and other institutional investors. About Rigetti Computing ( Get Free Report ) Rigetti Computing, Inc, through its subsidiaries, builds quantum computers and the superconducting quantum processors. The company offers cloud in a form of quantum processing unit, such as 9-qubit chip and Ankaa-2 system under the Novera brand name; and sells access to its quantum computers through quantum computing as a service. Further Reading Receive News & Ratings for Rigetti Computing Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rigetti Computing and related companies with MarketBeat.com's FREE daily email newsletter .

"Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum." Section 1.10.32 of "de Finibus Bonorum et Malorum", written by Cicero in 45 BC "Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem. Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum fugiat quo voluptas nulla pariatur?" 1914 translation by H. Rackham "But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?" 1914 translation by H. Rackham "But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?" To keep reading, please log in to your account, create a free account, or simply fill out the form below.AI no longer flavour of the season but a reality at scale; 2025 to see AI turn into business value PTI Updated: December 29th, 2024, 17:26 IST in Business , Sci-Tech 0 Pic- IANS Share on Facebook Share on Twitter Share on WhatsApp Share on Linkedin New Delhi: Artificial intelligence (AI) transitioned from a temporary trend to a widespread reality, gaining traction across industries due to its potential to enhance efficiency, generate revenue and create entirely new roles, yet concerns around its use and impact on jobs remained. Gone are the days when it was merely a buzzword; AI has now become an integral part of business strategy across various sectors. But its full impact on jobs is little known and so is the issue of intellectual property, data ownership and its privacy implications, and liability – who is liable if an accident or mishap occurs due to the use of AI. Also Read Stock markets to end 2024 with positive returns despite roller coaster ride 52 mins ago Mcap of 6 of top-10 most valued firms climbs Rs 86,847.88 cr; HDFC Bank, RIL biggest gainers 1 hour ago As technology becomes increasingly human-like and pervasive, organisations are now striving to unlock business value through innovative methods to engage customers and employees, enhance operational efficiencies, and generate new revenue streams, Wipro CIO Anup Purohit said. “We are working towards a future where AI is integrated seamlessly into everyday operations beyond the honeymoon period and into a mature phase,” he said in an interaction with PTI. “This growth isn’t confined to technology firms; conventional sectors like banking, finance, and healthcare are also progressively integrating AI to improve operational efficiency and boost customer engagement. “AI is no longer the flavour of the season but is now the reality at scale. It is gaining momentum across all business domains and sectors. Even those that were traditionally considered laggards like BFSI or healthcare are looking forward to embracing AI. “CIOs today are shifting their approach away from POC to executing initiatives at scale ... to turn the GenAI ‘trend’ into business value by solving real business problems and cutting out the noise while managing costs,” Purohit said. However, Indian enterprises will need to scale AI by expanding the gamut beyond basic virtual assistants and predictive analytics to a combination of AI-tech-based scalable use cases, according to nasscom. “With the global AI market valued at approximately USD 235 billion and projected to grow to over USD 631 billion by 2028, AI is redefining industries and economies. The possibilities seem endless, from predictive analytics in agriculture to personalised healthcare solutions. In addition, emerging technologies such as quantum computing and federated learning are poised to redefine the AI landscape and open new frontiers,” Tech Mahindra COO Atul Soneja said. Agentic AI: The new frontier of Autonomous Intelligence The futuristic movies where technology takes over human tasks are set to become a reality in 2025, as an increasing number of enterprises adopt agentic AI to handle mundane and repetitive jobs. Arun Parameswaran, MD, Sales, Salesforce India, believes 2025 will mark the true dawn of agentic AI – a new era where AI systems move beyond being reactive assistants to becoming proactive, autonomous agents capable of transforming customer engagement, business efficiency, and decision-making. “We will witness AI agents working collaboratively, transforming productivity and redefining problem-solving at an unprecedented scale. The future will not just be about using AI; it will be about creating and customizing agents that collaborate to understand and execute strategic tasks and decisions, both in personal and business contexts,” he said. AI agents will significantly enhance business processes by improving efficiency and customer service, Purohit said. Sky’s the Limit: Cloud Computing soars alongside AI In addition to AI, cloud computing continues to gain traction. Major players like Amazon Web Services and Microsoft Azure are expanding their footprints in India, catering to the increasing demand for scalable and flexible IT solutions. This shift towards cloud services is enabling businesses to innovate rapidly and respond more effectively to market changes. According to research firm IDC, the overall Indian public cloud services market is expected to reach $24.2 billion by 2028, growing at a CAGR of 23.8 per cent for 2023-28. “The integration of AI with cloud services will allow companies to quickly scale their AI models, manage extensive datasets in real-time, and gain insights for smarter decision-making. “The combination of AI and cloud services will help businesses innovate more swiftly, respond to market changes with greater flexibility, and maintain a long-term competitive edge,” Purohit said. Adapt or fade away: Upskilling essential amid AI boom The rapid evolution of technology is also reshaping the job landscape and demand for skilled talent is set to soar as AI continues to redefine job roles across sectors. “With the rapid deployment of AI-led solutions, the industry will soon witness a demand-supply gap of skilled talent. Future professionals will need to build deeper business and communications skills, such as listening, problem-solving, as well as specific domain expertise to leverage AI to solve complex business problems,” Purohit said. Future professionals will need a robust blend of technical expertise and soft skills, including adaptability, emotional intelligence, and strong communication abilities. As businesses increasingly rely on AI-driven solutions, there will be a critical need for individuals who can bridge the gap between technology and business strategy. “AI/Gen AI will impact knowledge work (white-collar work) in ways that no prior technology has, and this is likely to cause significant and continuous shifts in knowledge work (the what) and ways of working (the how) for all businesses. All businesses will need to define work next-practices continually to remain competitive,” TCS CTO Harrick Vin said in an interaction with PTI. Future roles will require greater levels of critical thinking, design, strategic goal setting, and creative problem-solving skills, he said. “This would mean different things in the context of various types of work. For example, for the domain of software DevOps, teams will start to de-prioritise basic scripting skills for infrastructure provisioning and configuration, low-level monitoring configurations and metrics tracking, and test automation, among others. Instead, they will focus more on product requirements analysis, definition of acceptance criteria, software and architectural design,” Vin said. For professionals entering the tech industry in 2025, he listed three primary and most needed skills’ — Learning to learn; Critical thinking/analysis; and Techno-functional skills for applying computational thinking and methods to solve complex domain problems. 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KANSAS CITY, Mo. (AP) — The Kansas City Chiefs earned a much-deserved extended rest after their Christmas Day rout of the Pittsburgh Steelers, which capped an unbeaten stretch of three games in 11 days and clinched them the No. 1 seed in the AFC playoffs . That extended rest? Well, it can be just about as long as Chiefs coach Andy Reid wants it to be. The Chiefs (15-1) face the Broncos in their regular-season finale next weekend, a game whose kickoff remains up in the air. But it will be at least 10 days after their 29-10 win in Pittsburgh, a nice rest for a weary team whose bye was back in Week 6. But with nothing to play for in that game, Reid could conceivably give some of his most important players the entire week off ahead of the playoffs. And now that the Chiefs have a first-round bye , that means they wouldn’t face anybody until at least Jan. 18 in the divisional round, meaning a full 24 days between games. “It’s been almost 10 weeks of football, grinding on this short schedule at the very end of the year,” Chiefs quarterback Patrick Mahomes said. “We’ll see how Week 18 goes — who plays, who doesn’t play. That’s up to Coach. But having this break, getting healthy, getting ourselves ready for the playoffs, it was super important, especially with the guys we have banged up.” RELATED COVERAGE It might’ve been Christmas, but it sure feels like Groundhog Day for the reeling Steelers Lions try to close in on NFC’s top seed when they visit the eliminated 49ers Penix and the Falcons at Daniels and the Commanders in prime-time meeting of 1st-round rookie QBs The Chiefs dominated the Steelers without four-time All-Pro defensive tackle Chris Jones, who was resting his sore calf on Wednesday. They also have not had cornerback Chamarri Conner, who has been out with a concussion, or D.J. Humphries, the former Pro Bowl left tackle who appeared in one game for Kansas City before straining his hamstring. All of them figure to be healthy for the playoffs. The same for guys who have been dealing with minor injuries, such as right tackle Jawaan Taylor, who played against the Steelers despite straining his hamstring the previous week against Houston, and running back Isiah Pacheco, who dinged up his ribs in the win in Pittsburgh. “It will definitely help with some of the guys that are banged up, to get guys back, freshened up a little bit,” said Reid, who has rested important players in Week 18 in the past, including last season against the Chargers. “I think it will be a positive for us.” The trick is to decide exactly how much rest to give everyone. For those dealing with injuries, that full 24-day span without a game could be exactly what they need. For others, it might be too long between games, and getting at least a half of play against the Broncos would help prevent some rust from setting in. “I was just talking to my family about it,” Chiefs cornerback Trent McDuffie said. “My rookie year, we were able to get, you know, all home games, and you just can’t be out (on the road) in the playoffs. I mean, I’m excited to go out there. I know we got the first round, you know, off, but I mean, I can’t wait to play now.” What’s working The Chiefs won the Super Bowl last season with a wide receiver group that — outside of Rashee Rice — was lacking in dynamic ability. But with the trade for DeAndre Hopkins, the return of Hollywood Brown from an injury and the emergence of rookie Xavier Worthy, the Chiefs have gone from a position of peril to one of profound strength. What needs help The Chiefs have struggled to the run the ball consistently the past few weeks. Pacheco gained just 18 yards on six carries before hurting his ribs against Pittsburgh, and Kareem Hunt was held to 20 yards on nine carries — a 2.2-yard average. Stock up Worthy has smashed through the rookie wall, just as Rice did at this point last season, and has proven to be more than a speedster. He had eight catches for 79 yards and a touchdown Wednesday, giving him at least five catches in each of his past five games. Stock down Pacheco has not been the same after missing more than two months to injury. He has been held to 55 yards rushing or fewer in each of his past five games, and he’s averaging just 2.7 yards per carry over his past three. Injuries There were no significant injuries sustained against the Steelers. Key number 77 — Travis Kelce caught his 77th touchdown pass, breaking a tie with Hall of Famer Tony Gonzalez for the Chiefs record. Kelce finished with eight catches for 84 yards and a score against Pittsburgh, making him the third tight end in NFL history with at least 1,000 receptions. Gonzalez had 1,325 and Jason Witten had 1,228 while Kelce has 1,004 and counting. Next steps The Chiefs get the long weekend off before deciding who will play in Denver in their regular-season finale. ___ AP NFL: https://apnews.com/hub/nfl