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As the festive season approaches, the cryptocurrency market is buzzing with activity. With Bitcoin surpassing the landmark of $100,000 and major altcoins reaching new peaks, investors are eyeing affordable digital assets with high growth potential. This holiday period could be the perfect time to explore undervalued tokens that may shine amidst the market's bullish momentum. Trump's Victory Sparks Crypto Chaos: $XYZ Meme Coin Ready to Deliver a 99,900% Knockout Donald Trump’s election victory has triggered a seismic shift in the crypto market, setting the stage for a bull run like no other . As the dust settles, major coins limp forward with uninspiring double-digit gains, while meme coins are stealing the show . PNUT’s recent 4,500% surge? FRED’s 6,000% explosion? Ancient history, buried in the ashes of short-lived hype. These coins buckled under selling pressure, leaving FOMO-ridden investors licking their wounds. But the crypto battlefield doesn’t wait for the weak — a new titan has emerged with plans to obliterate profit records and deliver an earth-shaking 99,900% surge . Take the XYZ Side - The Undisputed Champion of Meme Coins $XYZ Breaks into the Ring to Knockout Meme Coin Legends Meet $XYZ - the first-ever all-sports memecoins for true crypto degens hungry for 1000X profits . This is the token for those who thrive on the thrill of competition . As Trump takes the reins, the crypto market is set to erupt so the competition is getting fierce . Only the strongest tokens can survive in this no-mercy arena. Here comes the dawn of a crypto era for those with balls of steel — the guys like Joe Rogan and Dana White — who’d proudly rally behind Trump’s team. With such true men of business on board, there is no place for old pussy meme coins, it's time for real brutal coins . Fueled by the sports mentality , the $XYZ token has emerged as the ultimate contender ready to crush competitors and rocket to the moon on Elon Musk’s mission. $XYZ is on its way to the winner's podium to become a badge of honor for those who live and breathe sports and crypto. $XYZ Already Delivers Even Before Hitting the Market The $XYZ presale is underway, providing access to the token at a special pre-listing price. Launch Price : $0.0001 Price Now : $0.001 In just a couple of months, $XYZ already soared over 1000%! Next Stage : $0.001333 (+33% jump incoming) Final Knockout Target : $0.1 From launch to the token generation event, $XYZ is targeting a mind-blowing 99,900% surge! If you’re not in, you’re out. The $XYZ presale is already smashing through stages with the speed of a champion’s knockout blow. Join $XYZ Presale Now and See Your Pennies Grow Into Millions! JasmyCoin (JASMY) Imagine having full control over your personal data and deciding how it's used. JasmyCoin (JASMY) is a project from a Tokyo-based company called Jasmy Corporation that aims to make this possible. They specialize in the Internet of Things (IoT), connecting devices like computers, cars, and phones. By combining IoT with blockchain technology, Jasmy creates a secure platform where users can safely store and exchange their data. In this system, your personal information becomes your own asset, and you have the power over it. In today's market, data privacy is more important than ever. JasmyCoin stands out by focusing on protecting individual data rights. Unlike some other coins that prioritize speed or scalability, JASMY puts data ownership front and center. This aligns with a growing trend where people want more control over their digital lives. As concerns about data security rise, a coin that empowers users could draw more interest. While the crypto market is always changing, JasmyCoin's unique approach to data democratization makes it an intriguing player to watch. Pepe (PEPE) PEPE is a new player in the cryptocurrency world, born from the popular Pepe the Frog meme created by Matt Furie. Launched on the Ethereum blockchain, this deflationary memecoin has captured the attention of many. It follows in the footsteps of other meme-based cryptocurrencies like Dogecoin and Shiba Inu. By embracing its meme origins and keeping things simple with a no-tax policy and being upfront about its lack of utility, PEPE appeals to those who enjoy the fun side of crypto. In late April and May of 2023, PEPE's value skyrocketed, reaching a market cap of $1.6 billion at its peak. Early investors saw huge gains, and a strong community formed around it. This surge sparked what some call a "memecoin season," with new memecoins popping up and experiencing wild price swings. PEPE's roadmap includes plans for major exchange listings and aims for a "meme takeover." Whether PEPE will reach new heights remains uncertain, but with the upcoming Bitcoin halving and hopes for a Bull Run, many are watching closely. For those intrigued by meme coins and high-risk, high-reward opportunities, PEPE might be an attractive option in the current market. Artificial Superintelligence Alliance (FET) Artificial Superintelligence Alliance is an innovative project founded in 2017 and launched on Binance in 2019. It's building an open, decentralized machine learning network powered by blockchain technology. Fetch.ai aims to make AI accessible to everyone through a permissionless network. This allows anyone to connect and use secure datasets with autonomous AI agents performing tasks across its global data network. Applications include optimizing DeFi trading, improving transportation systems, enhancing smart energy grids, and revolutionizing travel—any complex system relying on large-scale data. With its unique blend of AI and blockchain, Fetch.ai has significant potential. In the current market, the coin looks promising, especially as interest in AI and decentralization grows. Price predictions suggest FET could gain value in the coming years, reaching over $1 by 2025 and $1.19 by 2030. Compared to other AI-focused coins like SingularityNET or Ocean Protocol, Fetch.ai stands out with its autonomous agents and practical applications. As demand for AI solutions increases, Fetch.ai might be a project to watch in the evolving crypto landscape. Stellar Lumens (XLM) Stellar Lumens (XLM) is changing the way money moves around the globe. Founded in 2014, Stellar is a decentralized network that uses blockchain technology to make sending funds fast and affordable. It doesn't pick favorites among currencies. Instead, it allows people to transfer any type of money, whether it's a national currency or a cryptocurrency like Bitcoin. Over the years, Stellar has processed billions of transactions and teamed up with major companies. With Stellar apps, individuals can send money worldwide, and businesses can build their own blockchain tools or use the network for payments and currency exchanges. Unlike many other cryptocurrencies that aim to replace traditional financial systems, Stellar wants to work with them. It offers a platform where different financial systems can collaborate. This approach sets it apart in the current market, where cooperation is becoming more important. The Stellar Development Foundation, supported initially by Stripe, helps promote the network's use. It works on projects like NFT creation and smart contracts. As the crypto market evolves, Stellar's focus on bridging old and new financial worlds might make it stand out among other coins. Its technology and partnerships could play a key role in the future of global finance. Conclusion While JASMY, PEPE, FET, and XLM hold potential, XYZVerse (XYZ) shines brighter with its unique fusion of meme culture and sports, aiming for unparalleled growth and community engagement. You can find more information about XYZVersus (XYZ) here: Site , Telegram , X Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp _____________ Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.OpenAI faces more opposition in its for-profit transition
Putin apologizes for 'tragic incident' but stops short of saying Azerbaijani plane was shot down MOSCOW (AP) — Russian President Vladimir Putin has apologized to his Azerbaijani counterpart for what he called a “tragic incident” following the crash of an Azerbaijani airliner in Kazakhstan that killed 38 people. He stopped short of acknowledging that Moscow was responsible. The Kremlin said that air defense systems were firing near Grozny, the regional capital of the Russian republic of Chechnya, to deflect a Ukrainian drone strike as the plane attempted to land on Wednesday. Putin apologized to Azerbaijani President Ilham Aliyev “for the fact that the tragic incident occurred in Russian airspace.” The Kremlin also says Russia, Azerbaijan and Kazakhstan are jointly investigating the crash site near the city of Aktau in Kazakhstan. Israel detains the director of one of northern Gaza's last functioning hospitals during a raid DEIR AL BALAH, Gaza Strip (AP) — Gaza's Health Ministry says Israel’s army has detained the director of one of northern Gaza's last functioning hospitals. The announcement on Saturday came after health officials said Israeli troops stormed the hospital and forced many staff and patients outside and told them to strip in winter weather. Israel’s military alleges the hospital director is a suspected Hamas operative and says it detained over 240 others. It acknowledges it ordered people outside and that special forces entered the hospital. It says it “eliminated” militants who fired at its forces. Kamal Adwan officials have denied that Hamas operates in the hospital. Abortions are up in the US. It's a complicated picture as women turn to pills, travel Even with abortion bans in place in most Republican-controlled states, the number of people obtaining them has grown slightly. That's part of a complicated picture of the impacts of the U.S. Supreme Court's decision to overturn Roe v. Wade two and a half years ago. Abortion pills are more common now. So is traveling to other states for care, often on journeys hundreds of miles long. Public support for the right to abortion has also increased since before the ruling. That's been reflected in most ballot measures to add the right to abortion to state constitutions being adopted. Drought, fires and deforestation battered Amazon rainforest in 2024 BOGOTA, Colombia (AP) — The Amazon rainforest staggered through another difficult year in 2024. A second year of record drought contributed to wildfires that worsened deforestation across the massive forest, which spans Brazil, Peru, Colombia and other Latin American nations and is a critical counterweight to climate change. There were some bright spots. Both Brazil and Colombia reported lower levels of deforestation compared to prior years. Experts say Amazon countries need to do more to strengthen cross-border collaboration and that the global community who reap the benefits of commodities from the rainforest also need to pitch in. Bloodied Ukrainian troops risk losing more hard-won land in Kursk to Russia KYIV, Ukraine (AP) — Five months after their shock offensive into Russia, Ukrainian troops are bloodied by daily combat losses and demoralized by the rising risk of defeat in Kursk. Some want to stay in the region at all costs. Others question the value of having gone in at all. Battles are so intense that commanders are unable to evacuate their dead. Lags in communication and poorly timed operations have cost lives and commanders say they have little way to counterattack. The overstretched Ukrainians have lost more than 40% of the territory they won in the lightning incursion that seized much of Kursk in August. Afghan forces target Pakistan in retaliation for deadly airstrikes Afghanistan's Defense Ministry says its forces hit several points inside Pakistan in retaliation for deadly airstrikes. Pakistan last Tuesday launched an operation to destroy a training facility and kill insurgents in Afghanistan's eastern Paktika province. The strikes killed dozens of people. The ministry said Saturday that its forces hit points “serving as centers and hideouts for malicious elements and their supporters who organized and coordinated attacks in Afghanistan.” Pakistan accuses the Taliban of not doing enough to combat cross-border militant activity, a charge the Taliban government denies. Former Indian Prime Minister Manmohan Singh, who instituted economic reforms, cremated in New Delhi NEW DELHI (AP) — Manmohan Singh, the former Indian prime minister widely regarded as the architect of the country’s economic reform program, has been cremated after a state funeral. The veteran leader, who was also credited for a landmark nuclear deal with the United States, died late Thursday at age 92. Singh’s body was taken Saturday to the headquarters of his Congress party in New Delhi, where party leaders and activists paid tributes to him and chanted “Manmohan Singh lives forever.” Later, his body was transported to a crematorium ground for his last rites as soldiers beat drums. A mild-mannered technocrat, Singh was prime minister for 10 years until 2014. Sweden embarks on a sober search for more cemetery space in case of war GOTHENBURG, Sweden (AP) — Burial associations in Sweden are looking to acquire enough land for something they hope they’ll never have to do. And that's to bury thousands of people in the event of war. The search follows new crisis preparedness guidelines from the country's civil defense agency and the military. The issue is seen in a new light after Russia's invasion of Ukraine led formerly neutral Sweden to join NATO. Sweden and Finland sent out updated civil preparedness guides in November with instructions on how to survive in war. The guides are similar to those in Denmark and Norway, though they don't mention Russia by name. Olivia Hussey, star of the 1968 film 'Romeo and Juliet,' dies at 73 LONDON (AP) — Olivia Hussey, the actor who starred as a teenage Juliet in the 1968 film “Romeo and Juliet,” has died, her family said on social media. She was 73. Hussey died on Friday, “peacefully at home surrounded by her loved ones,” a statement posted to her Instagram account said. Hussey was 15 when director Franco Zeffirelli cast her in his adaptation of the William Shakespeare tragedy. “Romeo and Juliet” won two Oscars and Hussey won a Golden Globe for best new actress for her part as Juliet, opposite British actor Leonard Whiting. Decades later, the pair brought a lawsuit against Paramount Pictures over nude scenes in the film they said they were coerced to perform. The case was dismissed by a Los Angeles County judge in 2023. Winning ticket for $1.22 billion lottery jackpot sold in California, Mega Millions says At least one Mega Millions player has plenty of dough to ring in the New Year after drawing the winning number. After three months without anyone winning the top prize in the lottery, a ticket worth an estimated $1.22 billion was sold in California for the drawing Friday night. The California Lottery said the winning ticket was sold at Circle K (Sunshine Food and Gas) on Rhonda Rd. in Cottonwood. The winning ticket matched the white balls 3, 7, 37, 49, 55 and the gold Mega Ball 6. The identity of the winner or winners was not immediately known. The estimated jackpot was the fifth-highest ever for Mega Millions.SoFi Technologies ( SOFI -3.74% ) hasn't impressed too many investors since its public debut. The fintech company went public by merging with a special purpose acquisition company (SPAC) on June 1, 2021, and its stock opened at $21.97. But today, SoFi's stock trades at about $16. Like many other SPAC-backed companies, SoFi disappointed its investors by missing its ambitious pre-merger forecasts. Rising interest rates exacerbated that pressure by squeezing its valuations. That was a disappointing three-year return, but some Wall Street analysts are still bullish on the stock. Of the 19 analysts who cover SoFi, only three rate it as a sell. It already trades above the average price target of $11.66, but it's still below the top price target of $20. Should investors buy SoFi today and expect it to hit those Street-high estimates? An early mover in the direct banking market SoFi, which is short for Social Finance, was founded in 2011. It originally focused on providing more student loans than traditional banks, and it subsequently expanded its financial services business with more mortgages, auto loans, personal loans, credit cards, insurance services, estate planning, and stock investment tools. In 2022, it obtained a U.S. bank charter and launched a digital-only direct bank. SoFi's digital-only approach enables it to expand more rapidly than its brick-and-mortar competitors. It also collects data more efficiently than traditional banks and accelerates, optimizes, and automates many of its fintech services with its AI algorithms . Over the long term, SoFi aspires to become a "one-stop-shop" for financial services that eliminates the need for separate banking and investment apps. It's still growing like a weed SoFi's number of members grew from 2.52 million at the end of 2020 to 9.37 million in the third quarter of 2024. Its number of products also grew from 1.85 million to 13.65 million during the same period. From 2020 to 2023, its adjusted revenue rose at a compound annual growth rate (CAGR) of 49% from $621 million to $2.07 billion. Its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) turned positive in 2021 at $30 million, and that figure grew at a CAGR of 279% to $432 million in 2023. It's also stayed profitable on a generally accepted accounting principles ( GAAP ) basis over the past four quarters, and it expects to post a full-year GAAP profit for 2024. That growth trajectory was impressive, but it set the bar too high during its pre-merger presentation. It originally claimed that it would generate $2.11 billion in adjusted net revenue with a positive adjusted EBITDA of $484 million in 2023. But its near-term headwinds are dissipating Two major headwinds caused SoFi to miss its original estimates. Rising interest rates made its new loans less attractive, and its student loan business struggled with a near four-year federal freeze on student loans from March 2020 to September 2023. During that time, loan payments were paused for eligible students and the interest rate was set at 0%. But those headwinds are dissipating. The U.S. Federal Reserve cut interest rates three times in 2024, and it expects at least two more rate cuts in 2025. Its student loan business is also stabilizing as the federal freeze on student loans ends. SoFi has also been expanding its fintech ecosystem. In 2020, it acquired the fintech company Galileo to provide its payment processing, card issuing, and other services to more than 100 companies in 16 countries. Galileo currently hosts more than 160 million accounts and generated 10% of SoFi's contribution profit in 2023. SoFi has also been finding fresh ways to gain new customers without taking on more debt. This past October, it signed a $2 billion deal with Fortress Investment Group to underwrite its loans and offload them to other lenders. That deal could enable SoFi to generate more fee-based revenue without increasing its leverage. Should investors buy SoFi's stock right now? For 2024, SoFi expects its adjusted revenue to grow 22%-23% and its adjusted EBITDA to increase 48%-49%. From 2023 to 2026, analysts expect its revenue to grow at a CAGR of 19% as its adjusted EBITDA rises at a CAGR of 44%. On a GAAP basis, they expect its earnings per share to grow at a CAGR of 90% from 2024 to 2026. We should take those estimates with a grain of salt, but SoFi could have plenty of room to grow as it pulls more customers away from traditional banks. But it also trades at a premium to those slower-growth rivals. SoFi has a price-to-book ratio of 2.8, while Bank of America and Wells Fargo have much lower ratios of 1.3 and 1.5, respectively. Yet SoFi doesn't look too expensive relative to its growth potential. At $16, it has an enterprise value of $16.2 billion -- which values it at 5 times next year's sales and 18 times its adjusted EBITDA. At $20, it would trade at 7 times next year's sales and 22 times its adjusted EBITDA. Therefore, SoFi's stock could be worth buying below $20 as the bulls look the other way.
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Banque Cantonale Vaudoise Sells 5,018 Shares of Wheaton Precious Metals Corp. (NYSE:WPM)
Frustrated Porter passengers stuck 2 1/2 hours on YOW tarmacMassimo Group ( NASDAQ:MAMO – Get Free Report ) was the target of a large increase in short interest in December. As of December 15th, there was short interest totalling 58,700 shares, an increase of 59.1% from the November 30th total of 36,900 shares. Approximately 2.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 129,700 shares, the short-interest ratio is presently 0.5 days. Massimo Group Price Performance Shares of NASDAQ:MAMO opened at $2.58 on Friday. The company’s fifty day moving average price is $3.32 and its 200-day moving average price is $3.56. The firm has a market capitalization of $106.77 million and a price-to-earnings ratio of 13.58. Massimo Group has a one year low of $2.42 and a one year high of $4.66. Institutional Inflows and Outflows A hedge fund recently bought a new stake in Massimo Group stock. Evernest Financial Advisors LLC acquired a new position in Massimo Group ( NASDAQ:MAMO – Free Report ) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 11,061 shares of the company’s stock, valued at approximately $41,000. Massimo Group Company Profile Massimo Group, through its subsidiaries, engages in the manufacturing and sale of utility terrain vehicles, all-terrain vehicles, and pontoon and tritoon boats. The company also offers motorcycles, scooters, golf carts, and go karts and balance bikes, as well as snow equipment. In addition, it provides accessories, including EV chargers, electric coolers, power stations, and portable solar panels. Featured Stories Receive News & Ratings for Massimo Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Massimo Group and related companies with MarketBeat.com's FREE daily email newsletter .
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Wright shot 7 for 16 (4 for 8 from 3-point range) and 8 of 8 from the free-throw line for the Beacons (5-4). Tyler Schmidt scored 21 points and added six rebounds. Jefferson Monegro had 16 points and shot 3 for 5 (2 for 3 from 3-point range) and 8 of 8 from the free-throw line. The Chippewas (5-4) were led in scoring by Anthony Pritchard, who finished with 20 points and six rebounds. Ugnius Jarusevicius added 18 points and six rebounds for Central Michigan. Jakobi Heady had 13 points, six rebounds and three steals. Valparaiso led Central Michigan 36-31 at the half, with Wright (13 points) its high scorer before the break. Valparaiso took the lead for what would be the final time on Schmidt's 3-pointer with 10:13 remaining in the second half. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .
The right watch can become the defining piece of any outfit, but you don't even need to shell out millions of dollars for one of the most expensive watches ever sold . Even a stunning luxury watch doesn't have to break the bank. With that being said, there's a ton of misinformation out there concerning luxury watches, and it's important to separate fact from fiction before spending that kind of money. Some luxury watch myths were once true, but advancing technology has made them moot points. Other myths might make you think you need to spend more money than you actually need to. A superb watch should cost more than what you'll spend on one from Temu, but the industry doesn't live and die by Rolex's standards, either. Watches are like any other collector's item out there, from purses, to fine art, to clothing. People are willing to spend a lot of money on them, and certain sellers will be more than happy to exploit myths to get consumers to spend even more. Even if a particular myth is pretty harmless, learning what's factual will make you seem like a more informed buyer when the time comes to shell out dough for an exceptional timepiece. When most people think of luxury watches, the first name to come to mind is undoubtedly Rolex. And that's not without reason; Rolex crafts excellent timepieces with immaculate designs and precise engineering. The company has been around for over a century, and it's certainly earned its spot within the pantheon of great watches. However, the conversation surrounding luxury watches shouldn't end with Rolex. There are numerous other brands out there, and depending on who you ask, some might be seen as better than Rolex. When SlashGear ranked every major luxury watch brand , Patek Philippe actually came out on top. That brand also uses the highest-grade materials in its products (and charges a pretty penny), but even if you don't want to spend a fortune, there are plenty of other names that may be more your speed without sacrificing much in the way of quality. There's rarely an objective "best" of anything — usually there's simply whatever's best for you. A Rolex may not be the best option for your personal style, and you have to be aware that Rolexes are frequently counterfeited, so you should be careful, especially if you're buying from a secondhand source. Besides, Rolex watches can be seen as more of a status symbol than anything else, so if you don't feel the need to brag about how much money you have, another option may be preferable. Even ignoring luxury watches that go for millions of dollars, some folks may believe they have to shell out an annual salary to get a great item, and indeed some higher-end watches can go for $30,000 or even more. However, there's no reason to spend that much if it's out of your budget. Naturally, these aren't going to be Fossil watches you can get for under $100 a piece, but after some research, you should discover you don't have to pick between a watch or a new car. There are numerous affordable luxury watch brands out there, including Oris, Bulova, Seiko, and Tissot, to name a few. Seiko has been around since the 19th century, and some its watches sell for only a few hundred dollars. It's a brand name people trust but with options that don't require taking out a bank loan. You can also save money by looking into the used market. This can involve browsing through local thrift shops or seeing what refurbished models are available from major retailers. Even Walmart sells preowned watches, including Rolexes, that are a fraction of the price of what they would go for used. Plus, you can always lie, so no one ever has to know you bought your fancy new watch from Walmart. To luxury watch aficionados, "Swiss made" is a critical signifier. Switzerland has become synonymous with exceptional watch-making thanks to centuries of honing the craft, so for anyone who wants a timepiece they can proudly show off to the highest rung of society, having it be "Swiss made" is vital. However, that phrase has created a bit of confusion as to how much of a given watch was actually manufactured in Switzerland. You may think it indicates 100%, but that's far from the case. In order for a company to market a watch as "Swiss made," only about 60% of the work actually needs to have taken place there. Testing and assembly need to occur in Switzerland, while the manufacturer has to make at least half of the components there. A good amount of the work definitely needs to happen in Switzerland, but it's certainly not all. With that in mind, you may see some watches marketed as being "100% Swiss Made." That means every last detail happened in Switzerland, so knowing the difference can help you decide if a truly Swiss watch is worth the price for you. Those familiar with watch-making history may have heard of the Quartz Crisis. Throughout the 1970s and '80s, quartz watches overtook the industry with the promise of more accurate time-telling and cheaper production. This opened up the market to a new demographic and nearly tanked the entire Swiss watchmaking industry. Of course, Swiss manufacturers were able to rebound, but the myth persists that quartz luxury watches are always preferable to mechanical. Again, this really comes down to personal preference. Quartz watches utilize batteries to keep track of time while mechanical pieces utilize a mainspring. If you don't regularly wind a mechanical watch, it'll become less accurate and eventually stop working entirely. However, mechanical watches can still be perfectly accurate, which is incredibly impressive considering it's relying on a system of tiny springs, gears, and screws to showcase the time. Some consumers may prefer the more ornate design of a mechanical watch over a more simplistic quartz option. There's also the personal preference over whether you want your watch to tick every second with a quartz watch or simply make a smooth sweeping motion, which is what you get with mechanical. There's no right answer here, but that means one can't make generalized statements over a certain type being "better." Another difference to be aware of when looking at luxury watches is automatic versus mechanical. Automatic watches become wound through the natural movement of your wrist winding up the mainspring whereas mechanical watches require manual winding. Mechanical watches can be overwound, which is why users should stop winding them as soon as they begin to feel resistance from the internal components. Seeing as mechanical watches existed before automatic, the idea of becoming overwound seems to have extended to the automatic variety, even when that's not the case. There's no real way to overwind an automatic watch by moving your wrist around too often. This is thanks to the inclusion of a rotor mechanism that prevents the mainspring from getting wound up too much through wrist movements. You could flap your arms around all day without worrying of internal damage to the watch. However, that doesn't mean automatic watches are indestructible. They can still come with a manual winding crank, which turning too much could damage the mainspring, but you shouldn't need to do that as long as you wear it regularly. It's a good idea to wear such a watch often so that it receives the necessary movement to keep track of the time. Lastly, you should keep your automatic watches away from magnets, as they can disrupt the sensitive materials inside. No matter how much you spend on a watch, you'll still need to service it often. Even the sophisticated Apple Watch requires routine cleaning to work , and luxury watches with all sorts of tiny moving parts do too. Ideally, this won't happen too often, particularly with excessively expensive luxury watches that are designed with the utmost care. Most Rolex watches require maintenance every five to 10 years, but you should be aware of premature signs of degradation so that you can take it into an expert right away. Hearing a rattling sound inside your watch likely means one of the small components has become loose and needs to be put back in place. You should also be aware of condensation forming underneath the glass plate over the clockface, as moisture could wreak havoc. And if you have a mechanical watch, you should ideally go about 36 to 48 hours between each wind. If you find yourself needing to do that more often, it could be a sign the watch is breaking down. Luxury watches require lubrication so that all of the components work as they should. Over time, that material will wear out, and you'll need a touch-up so that your watch doesn't break entirely. With routine maintenance, which may only be required once every few years, you can keep your watch viable for decades and help it retain its value long after you purchase it. With the rise of smartwatches, one may wonder if old-school luxury watches even have a place in the world anymore. The shifting tide has caused some watch manufacturers to change their approach, such as Tag Heuer making expensive smartwatches that may be too pricey for anyone actually to buy . With smartwatches offering so many extra features, it's not hard to envision a world where luxury watches become a thing of the past. Fortunately, based on sales figures over the last couple of decades, it definitely seems like these watches are here to stay. Sales of luxury watches have only grown since 2003, and it's possible that smartwatches only got people more invested in wearing any kind of watch since they've become more commonplace. One area where luxury watches are really soaring is in the pre-owned market. Vintage items have become trendy accessories, and they're often more affordable than getting a brand new Patek Philippe watch. And every so often, a watch manufacturer makes headlines for jumping on some contemporary trend, like when Romain Jerome put out a luxury watch adorned with Pokémon characters . As is the case with any industry, luxury watchmakers just need to adapt with the times. However, the rise of smartwatches certainly hasn't diminished luxury watch sales all that much. There's an episode of "The Simpsons" where a teacher showing off how successful he is displays a watch so crammed with jewels it doesn't work properly. In real life, while jewels are certainly pretty, they don't always equate to inherent value. To be fair, when people talk about jewels in watches, they're usually referring to interior jewels that help reduce friction within the moving components. These tend to be synthetic sapphires and rubies. Ideally, this helps the watch work better, which is more intrinsic in determining its overall value. Since they're usually synthetic anyway, they wouldn't automatically be as valuable as straight-up sapphires and rubies, so it won't always cost as much. For the most part, watch jewels that aid with movement are largely worthless. Cracking open a watch to try to sell those jewels probably isn't going to net you much of anything, but it can be neat to say how there are rubies inside yours. While you should definitely conduct a bit more research, preowned luxury watches can be a great option for people just starting out. You can typically get something for far cheaper, and as long as you take care of it, it'll retain its value so you can one day sell it and make back a good amount of money. Whether you're buying a used luxury watch from a thrift shop, pawn store, or private seller, keep a few things in mind to avoid getting ripped off. There are plenty of counterfeits out there, so ideally, the watch should still have its original box and paperwork confirming its authenticity. You should inspect the movements to ensure everything looks the way it should. If you really want to be certain, you can hire an appraiser to confirm the watch is legitimate before buying. Looking at preowned luxury watches is a great option, especially if you want to get your first timepiece. You may even feel like trying your hand at restoring a luxury watch and learning about what to look for in a used piece when that's your goal. Plus, buying used opens up a greater variety than what's been most recently released, and you may find something with a certain vintage charm. You still get a high-quality item, and you're doing your part for the environment by giving a watch a second lease on life. Luxury watches are some of the only accessories men have traditionally worn as a signifier of wealth or status, but, obviously, women can wear luxury watches, too. Many of the top brands now offer more options than ever before primarily targeting women. Patek Philippe, Cartier, and Bulgari, among others, offer luxury watches with women in mind. Of course, women aren't confined to watches designed for them. Many women have begun opting for timepieces for men, as there tends to be some aesthetic differences that may appeal to some women. Men's watches tend to come with thicker straps and larger clockfaces. They're also more likely to come in darker (i.e. more "masculine") colors. Women may very well want those features for themselves. And as the world has become less bound by gender norms, there's no reason for people to feel confined to a singular box. Luxury watches are meant for everyone, and with so many options out there, watches exist for people from all walks of life. The most important thing is making sure the watch feels good. No one should place an unnecessary strain on their wrist with a watch that doesn't fit right, no matter how expensive it was.Banque Cantonale Vaudoise Has $32,000 Stock Holdings in Hecla Mining (NYSE:HL)Pinarayi blames Thangal for IUML’s ‘fundamentalist drift’
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