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This bull market has been running rampant for more than two years, but it's an unusual one. Most bull runs don't have to share time with inflation crises, and the monetary pressure that started to build in 2021 is finally easing. The macroeconomic boost from that shift could keep this bull running longer than usual. While the bullish trend has been having a broad impact on the stock market, some stocks can be expected to benefit more than others as the investor-friendly run continues. These two supercharged tech companies could deliver market-beating returns over the next few years. How to play the digital advertising turnaround in style Anders Bylund (Criteo): One of the most game-changing aspects of this bull market is the ongoing return to normal consumer spending behavior. People largely reined in their discretionary spending when inflation surged a few years ago. The list of industries that faced lower sales in that tight economy has a lot of overlap with the sectors that do a lot of brand-oriented marketing. From luxury goods and travel services to cars and smartphones, consumer demand tightened up and brand advertising slowed down. Why spend big money on targeted ads when people aren't willing to buy anything? So digital advertising was pushed into an extra-deep downturn. Now, the leaders of that industry are poised to come back swinging as consumer spending recovers. Criteo ( CRTO 3.47% ) is a fine example of this rebound opportunity. The Paris-based marketing campaign manager's stock is down 22% from recent highs, but the business is poised to perform in a healthier economy. Speaking during the October earnings call , retiring CEO Megan Clarken outlined a thrilling growth opportunity. "Retail media facilitates the targeting of high-intent shoppers by brands primarily on retailer sites and extending reach across the open web," she said. "Performance media focuses on targeting high-intent shoppers for direct-to-consumer brands, primarily on the open web and social platforms. In other words, our solutions have a hyper focus on addressing or advertising to consumers who are on their buyer journey. " So Criteo should benefit greatly when luxury brands and brand-oriented advertisers boost their marketing budgets again. And that's already happening, just in time for the holiday shopping season. Meanwhile, the stock is trading for just 1.1 times sales and 9 times expected forward earnings. These valuation ratios would be cheap for a tired old retailer -- they're dirt cheap for a tech stock with proven growth chops that is arguably heading into a game-changing sector turnaround . Down 34%, Micron can deliver wins for long-term investors Keith Noonan : Micron Technology ( MU -0.12% ) is a leading provider of memory-chip solutions. The company's business has been posting huge performance improvements in conjunction with artificial intelligence ( AI ) trends, but some investors appear to be betting that the good times will soon come to an end. On the heels of recent pullbacks, Micron stock is down roughly 34% from the high it hit earlier this year. While the company's future sales and earnings will almost certainly be uneven and shaped by cyclical industry trends, its recent performance points to the emergence of catalysts that will have positive long-term impacts on the business. Micron's revenue increased 93% year over year to $7.75 billion in the fourth quarter of its fiscal 2024, which ended Aug. 29. That explosive growth was spurred by AI-driven demand for the company's DRAM and high-bandwidth-memory solutions. Along with the surge in sales, strong demand for its higher-end products helped the business post a non-GAAP (adjusted) net profit of roughly $1.34 billion -- improving from a loss of roughly $1.18 billion in the prior-year period. Micron stock is now valued at roughly 11 times this year's expected earnings. Given the cyclical nature of the company's business, it doesn't make sense to put too much weight on the company's price-to-earnings multiple when assessing the stock. However, it could still signal an attractive risk-reward profile for investors who approach the stock with an understanding of the cyclical guesswork involved. Depending on demand and pricing trends in the memory chip space, the company's performance can make big shifts in short order. Along those lines, some Wall Street analysts are concerned that weakness in the consumer market and oversupply in the high-bandwidth memory segment will soon lead to softer sales and earnings results. But the company's current valuation suggests that investors are being too bearish about Micron's near-term and long-term outlooks. Spending on data-center infrastructure to support the training, deployment, and scaling of AI applications is likely still in a relatively early stage of its long-term growth trajectory. While Micron's business will remain heavily cyclical and its results will be shaped by industry trends, it appears that the market is underappreciating the company's potential to be a lasting beneficiary of the AI revolution.
Columbia, a perennial football loser, wins Ivy League title for first time since 1961Paris stocks rally as Macron fights on, jobs data boosts Wall StreetBanque Cantonale Vaudoise cut its holdings in shares of Fiserv, Inc. ( NYSE:FI – Free Report ) by 73.0% in the 3rd quarter, HoldingsChannel reports. The firm owned 967 shares of the business services provider’s stock after selling 2,611 shares during the quarter. Banque Cantonale Vaudoise’s holdings in Fiserv were worth $174,000 as of its most recent filing with the Securities and Exchange Commission (SEC). A number of other hedge funds also recently made changes to their positions in the business. Maj Invest Holding A S bought a new position in Fiserv during the third quarter valued at $172,993,000. Manning & Napier Advisors LLC bought a new position in shares of Fiserv during the 2nd quarter worth $105,031,000. Mizuho Securities USA LLC grew its stake in shares of Fiserv by 1,238.6% during the 3rd quarter. Mizuho Securities USA LLC now owns 603,887 shares of the business services provider’s stock worth $108,488,000 after acquiring an additional 558,774 shares during the period. American Century Companies Inc. increased its holdings in Fiserv by 1,642.5% in the 2nd quarter. American Century Companies Inc. now owns 500,239 shares of the business services provider’s stock worth $74,556,000 after acquiring an additional 471,531 shares during the last quarter. Finally, Swedbank AB bought a new stake in Fiserv in the 1st quarter valued at about $52,503,000. 90.98% of the stock is currently owned by institutional investors. Insider Activity at Fiserv In other news, Director Doyle Simons sold 40,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 23rd. The stock was sold at an average price of $201.97, for a total transaction of $8,078,800.00. Following the transaction, the director now directly owns 76,180 shares of the company’s stock, valued at approximately $15,386,074.60. The trade was a 34.43 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink . Also, CAO Kenneth Best sold 20,821 shares of the firm’s stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $214.61, for a total value of $4,468,394.81. Following the completion of the sale, the chief accounting officer now directly owns 38,771 shares of the company’s stock, valued at $8,320,644.31. The trade was a 34.94 % decrease in their position. The disclosure for this sale can be found here . Insiders sold 235,821 shares of company stock worth $44,299,745 in the last three months. 0.75% of the stock is owned by insiders. Fiserv Trading Up 1.9 % Fiserv ( NYSE:FI – Get Free Report ) last issued its earnings results on Tuesday, October 22nd. The business services provider reported $2.30 earnings per share for the quarter, beating the consensus estimate of $2.26 by $0.04. Fiserv had a return on equity of 17.10% and a net margin of 15.22%. The company had revenue of $5.22 billion during the quarter, compared to analysts’ expectations of $4.90 billion. During the same period in the prior year, the business posted $1.96 EPS. Fiserv’s quarterly revenue was up 7.0% compared to the same quarter last year. As a group, equities research analysts forecast that Fiserv, Inc. will post 8.77 earnings per share for the current year. Wall Street Analysts Forecast Growth FI has been the subject of several recent research reports. UBS Group lifted their target price on shares of Fiserv from $185.00 to $240.00 and gave the stock a “buy” rating in a research note on Wednesday, October 23rd. The Goldman Sachs Group boosted their target price on shares of Fiserv from $188.00 to $208.00 and gave the company a “neutral” rating in a report on Wednesday, October 23rd. Susquehanna raised their price target on Fiserv from $190.00 to $230.00 and gave the stock a “positive” rating in a report on Friday, October 18th. Citigroup boosted their price objective on Fiserv from $187.00 to $226.00 in a research note on Tuesday, October 22nd. Finally, StockNews.com upgraded Fiserv from a “hold” rating to a “buy” rating in a research note on Thursday, September 26th. Four investment analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, Fiserv has a consensus rating of “Moderate Buy” and an average target price of $214.29. View Our Latest Stock Analysis on FI Fiserv Company Profile ( Free Report ) Fiserv, Inc, together with its subsidiaries, provides payments and financial services technology services in the United States, Europe, the Middle East and Africa, Latin America, the Asia-Pacific, and internationally. It operates through Merchant Acceptance, Financial Technology, and Payments and Network segments. Featured Stories Want to see what other hedge funds are holding FI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fiserv, Inc. ( NYSE:FI – Free Report ). Receive News & Ratings for Fiserv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fiserv and related companies with MarketBeat.com's FREE daily email newsletter .
South Korean carmaker Hyundai Motor is recalling about 42,465 vehicles in the US due to improperly routed wiring that may increase the risk of a crash, the US National Highway Traffic Safety Administration said on Saturday. The recall includes certain 2025 Tucson and Santa Cruz vehicles, according to Reuters. The US auto safety regulator said that a vehicle transmission that could move out of "Park" mode without the driver pressing the brake pedal could cause the vehicle to roll away, raising the risk of a crash. On Friday, the automaker also recalled over 145,000 electric vehicles in the US due to a loss of drive power.HARRISONBURG, Va. (AP) — Eddie Ricks III had 13 points in James Madison's 96-64 win over Midway on Sunday night. Ricks added eight rebounds for the Dukes (7-6). Bryce Lindsay scored 13 points, going 5 of 9 (3 for 6 from 3-point range). Elijah Hutchins-Everett went 5 of 10 from the field to finish with 12 points. The Eagles were led by Miguel Shaw, who recorded 19 points and two steals. Robbie Henry added 14 points and five steals for Midway. ___ The Associated Press created this story using technology provided by and data from . The Associated Press
PHILADELPHIA (AP) — The Philadelphia Phillies and right-handed pitcher Joe Ross finalized a one-year contract on Monday. The 31-year-old Ross made 10 starts and 25 total appearances for the Milwaukee Brewers last season. He went 3-6 with a 3.77 ERA. Selected by the San Diego Padres in the first round of the 2011 amateur draft, the 6-foot-4 Ross has pitched in 123 career games across seven seasons with the Washington Nationals and Brewers. In his career, he has combined for a 4.19 ERA with 469 strikeouts to 170 walks. He's 29-34 with a 4.19 career ERA. Ross is the latest in an offseason of minor moves for the NL East champs. The Phillies acquired left-hander Jesús Luzardo from the Miami Marlins and signed free-agent outfielder Max Kepler to a $10 million, one-year deal. ___ AP MLB: https://apnews.com/hub/MLB The Associated PressFormer US President Jimmy Carter dies at age 100
Smartphone manufacturer realme will be launching a new Neo smartphone very soon and the device is expected to be a realme GT Neo7. The company’s chief marketing officer Xu Qi has confirmed about the launch of a new Neo device but has refrained from revealing about the name of the device to the public. Xu Qi has also mentioned that the new device will be offering some “comprehensive innovation”. Well, if you are wondering what the new feature will be, it might be a 7000 mAh battery with 8.5mm thin body, mentioned Digital Chat Station. This means that the device will be able to offer a battery backup of around two days. Earlier rumours have mentioned that the Realme GT Neo7 will be coming with Qualcomm’s Snapdragon 8 Gen 3 SoC. In terms of charging, the device is expected to support 80W or 100W wired charging. A flat 1.5K resolution display will be offered on the smartphone mentioned the reports. Realme will be launching RealmeGT 7 Pro globally on November 26. The global version of the smartphone will be offering a smaller battery and this has been revealed on the Amazon India’s dedicated page for the device. The global variant offers a 6500 mAh battery but the Indian variant/ global variant will offers a 5800mAh battery. Mathematically speaking the battery in the Global unit is 10 percent less than the one in the Chinese unit. GSMArena spoke to Realme India about the smaller capacity battery on the device and the device makers told that it had to do something to do with the ‘regulations’. It can be assumed that the manufacturer reduced the battery size on the device for keeping the cost low. The real reason is expected to be revealed as the device launched in India on Nov 26.
A chilling warning has been given by Ukraine’s former armed forces commander, telling the West that a " " against has already begun. Valeriy Zaluzhny, 51, commanded Ukrainian troops when they halted Putin’s army as it intended to storm Kyiv in three days. For many months he held back Russian troops along a vast frontline, but failed with a 2023 “summer offensive”. He now tells the West that the only way to save itself is by fully backing now, a different vision to that of incoming US president who wants to broker a deal between the warring parties involving Kyiv making territorial concessions to . Zaluzhny - now Ukraine’s ambassador to London - was asked at a Ukrainian Pravda awards ceremony if it was possible to avoid WW3. “Probably, you will not like my answer,” he said. “But I am a purely human being who knows military science and military history. I believe that in 2024 we can absolutely definitely consider that the Third World War has begun,” he said in a speech to a Ukrainian Pravda awards ceremony. Ukraine no longer faces only Russia, he said. “In front of Ukraine are soldiers from North Korea. Let's be honest — Iranian ‘Shaheds’ [kamikaze drones] are already killing civilians in Ukraine quite openly, without any shyness. “North Korean-made missiles are already flying into Ukraine, and they openly declare this. Kim Jong Un troops numbering some 10,000-pls are believed to be engaged against Ukraine’s forces in Russia’s Kursk region. Chinese shells are detonated in Ukraine. Chinese parts are used in Russian missiles.” Most military experts believe WW3 has started, said Zaluzhny. “What has been expected for so long, it has already begun,” he said. “But I want to say that God himself gives a chance, not only to Ukraine, but also to the whole world, so that now we still have time to reach the right conclusions. “Everything can still be stopped here, on the territory of Ukraine. But for some reason our [Western] partners do not want to understand this. It is obvious that Ukraine already has too many enemies. Ukraine will survive at the expense of technology, but it is unknown whether it will be able to win this battle on its own." Yet he was optimistic the West would rally to Ukraine, even as the next presidency of Donald Trump comes into view in January. “I believe that [regarding the start of] the World War, welcome - it has begun,” said Zaluzhny.