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da-kuk The recent election victory of Donald Trump has catalyzed a remarkable surge in cryptocurrency related assets, with MicroStrategy ( NASDAQ: MSTR ) shares rallying more than 46% in just two weeks. This political development has fueled optimism about a more favorable regulatory environment for Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Lt. Gov. calls for investment to boost state economyChris Cenac Jr., the top center in the Class of 2025 according to the ESPN100, has committed to play for the Houston Cougars. The five-star recruit announced his decision Tuesday via the Bleacher Report's B/R App. Cenac previously said he wouldn't make his decision until the spring, but his stock soared over the summer after his impressive play on the Puma Pro 16 circuit with Dallas-based YGC, vaulting him into the national top-10 rankings. The 6-foot-10 New Orleans native was reportedly choosing between LSU, Auburn, Arkansas, Baylor, Kentucky, Tennessee and others before making the decision to join Cougars coach Kelvin Sampson's team. "I just like the coaching staff a lot, I like their plan to develop me and I like coming into a winning program," Cenac told 247Sports. "I'm looking forward to producing and just helping them win more. But the main thing was development and them being able to get me better so I can be ready for that next level." Cenac's rating of .9978 by 247Sports Composite makes him the Cougars' highest-rated commit in the modern era, according to multiple outlets. "They see me as a four who can kind of play all over the court and do everything," Cenac told 247Sports. "I can get rebounds, push the ball, shoot and play all over the floor." With Cenac joining other Houston commits like five-star shooting guard Isaiah Harwell, four-star point guard Kingston Flemings and three-star wing Bryce Jackson, Houston's Class of 2025 is ranked No. 2 in the nation by 247Sports and ESPN. --Field Level Media
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Each year, independent bookstores across the Western Slope appeal to readers of all ages and interests, helping them find the perfect book to understand their world better or escape into a new one. Summit Daily spoke to six independent bookstores — the Bookworm of Edwards, White River Books in Carbondale, Explore Booksellers in Aspen, Next Page in Frisco, Off the Beaten Path Books in Steamboat Springs and Mountain Shire Books in Winter Park — to hear more about the top books and trends of 2024 as well as those things that remain consistent year after year in the world of reading. For each of the six Western Slope bookstores, a different list of titles topped their bestsellers across fiction, nonfiction, young adult and cookbooks. There was only one book that made it into the overall top five at every store: “The Women” by Kristin Hannah, a work of historical fiction that follows a woman during and after her service in the United States Army Nurse Corps during the Vietnam War. While the book was a national bestseller this year — debuting as the No. 1 fiction on the New York Times Best Sellers list in February and remaining there for 45 weeks — it also speaks to the consistent popularity of the genre. “Historical fiction readers, as per usual, just cannot be stopped,” said Jenna Meier-Bilbo, book and sideline buyer at Off the Beaten Path Books in Steamboat Springs. Miriam Roskam, owner of Mountain Shire in Winter Park, hypothesized that the genre’s consistent popularity is rooted in the opportunity it presents for readers. “Authors are able to take liberties and draw readers in, which allows readers to get lost in an entertaining story and learn more about a specific time in history,” Roskam said. “Readers are a group of people who care about the world — where we came from and where we are going — and tend to want to learn more about the past.” Another historical fiction — and national bestseller — made several of the store’s top fiction lists: “James” by Percival Everett, which re-images Mark Twain’s “Adventures of Huckleberry Finn” by sharing the story through the eyes of Jim, an escaped slave and Huckleberry’s companion in his travels. “Go as a River” by Crested Butte resident Shelley Read made it on a few of the lists as well with its local hook. The historical fiction is set outside of Gunnison and Paonia and tells the story of the lost Western Slope communities and peach orchards during the creation of Blue Mesa Reservoir. The top young adult reads varied significantly at each store. Only two titles showed up on multiple lists: “The Summer I Turned Pretty” by Jenny Han and “A Good Girl’s Guide to Murder,” by Holly Jackson. Many of the young adult reads are part of a series and fall into the romantic-fantasy genre or are thriller-mystery reads. Show Captions Hide Captions While a fiction title took the No. 1 spot in five out of the six stores, nearly every store’s bestseller list contained some nonfiction reads as well. Only Next Page Books in Frisco had fiction books in all of its top five spots. Of the nonfiction books topping their lists, “A Walk in the Park,” by Kevin Fedarko was one of the most popular titles. The book tracks the author’s 750-mile, end-to-end traverse of the Grand Canyon. The popularity of this title follows a consistent and unsurprising trend for mountain booksellers. “Many of our customers remain interested in books about the natural world: its beauty, its imperilment and its resilience,” said Clare Faye, the book buyer at Explore Booksellers in Aspen. “Our locals and visitors care deeply about their backyard and the bigger ‘backyard’ of the greater natural world. They seek out books that will help them better understand this world and the challenges it faces.” This means that year after year, Explore sells titles relating to outdoor adventure, local history, climate change and more, Faye added. Explore Booksellers was the only one out of the six stores that had two nonfiction titles at the top of its 2024 bestsellers. After “A Walk in the Park,” which took the No. 1 spot, was “Aspen Journey: Past to Present” by Susan Dalton, a coffee table book that Faye said has sold well in every season. “It is both a gorgeous and comprehensive history of Aspen that tells the town’s story from before it was settled up to today,” Faye said. For many of these stores, water and the environment — including on topics of both climate change and recreation — is a prominent topic of interest. At Carbondale’s White River Books, after “A Walk in the Park,” its top nonfiction reads were “Life After Deadpool,” by Zak Podmore, who grew up in Glenwood Springs, about the dropping levels in Lake Powell and “Colorado River: Chasing Water” a photo book by Basalt-resident Pete McBride. “Where Are Your Men? Rafting Western Waters with the Ladies,” by Zan Merill was the top nonfiction seller at Mountain Shire, covering stories of women on river trips. “Crossings” by Ben Goldfarb, dealing with how roads are transforming Earth, also made the Winter Park store’s top nonfiction list. No matter the genre, nearly all of the bookstore’s top sellers were released in either 2023 or 2024. Off the Beaten Path in Steamboat and Next Page in Frisco had the most exceptions to this. Three of the Steamboat store’s top five bestsellers were released before 2020: Its third-bestselling nonfiction title was also “Braiding Sweetgrass,” by Robin Wall Kimmerer, which was published in 2013. While over a decade old, Meier-Bilbo said the 2020 pandemic “reignited this interest in Indigenous practices in the natural world in a lot of ways and through a lot of disciplines.” Wall Kimmerer’s book hits all of those notes, she added. “The Midnight Library” also took the fifth overall spot at Next Page, which had two other 2022 books among its bestsellers in 2024. This included “Horse” by Geraldine Brooks and “Remarkably Bright Creatures” by Shelby Van Pelt. For nonfiction reads, Next Page had “The Body Keeps the Score” by Besser Van Der Kolk, which was published in 2014 and among its top three this year. For cookbooks, “Half Baked Harvest Every Day,” by Silverthorne-based author Tieghan Gerard was on four of the six lists. Although it hadn’t yet made Off the Beaten Path’s list, Meier-Bilbo expected it to be there after holiday shopping concluded. Outside of Gerard’s cookbook, the top cookbooks varied from location to location. Many of them leaned locally or gave nods to ski country, including two of Mountain Shire’s top sellers: “Apres Ski” by Cider Mill Press and “Backcountry Cocktails” by Steven Grasse. The Winter Park’s store leaned cozy with “Every Season is Soup Season” by Shelly Westerhausen Worcel and Wyatt Worcel rounding out its top three. Similarly, “Apres All Day” by Kelly Epstein was among the bestsellers for Explore Booksellers. In Steamboat, Off the Beaten Path’s top cookbooks leaned local, Meier-Bilbo said. Its top seller was “Damn Good Gluten Free” by Steamboat resident Peggy Curry followed by “Steamboat Entertains Again,” a fundraiser cookbook for the local winter sports club. The Bookworm of Edwards also had a hyper-local cookbook — “From the Restaurants of Vail” from Park City Publishing — among its best sellers. “Mocktail Club” by Derick Santiago took the No. 1 spot at the Eagle County store. In addition to their top titles, a few other trends have stood out to booksellers in recent years. “Books have seasons. Like everything, they come and go in popularity or trends, and are often responding to a larger conversation or situation we are actually living with and storytelling is a reflection of us as a society,” said Izzy Stringham, the owner of White River Books in Carbondale. This year, Stringham noticed a significant shift toward “lighter fiction.” “I think the heaviness of the world around us is pushing people to want entertainment and escape,” Stringham said. This has included rising sales in science fiction and fantasy for many of the stores, as readers seek this “sense of escapism,” as Kai Burner, the Bookworm’s assistant manager and kids’ book buyer, put it. “With frequent turmoil and unease in the world, escaping into a science fiction or fantasy story is ideal,” Roskam said. “While some people do enjoy reading current events and topics that are directly applicable to the time, a lot of people, myself included, like reading books with a decent amount of separation from reality.” The popularity of many of these fantasy and other titles has been driven by social media — specifically, TikTok. Meier-Bilbo now says she follows social media extremely closely to try and predict what the next book to “trend” will be. In some cases it’s the new releases, but in other times it’s older releases that are being reintroduced to new generations, audiences and readers. Specifically, Meier Bilbo has seen social media create a new seriousness around the romance genre. While always popular, romance books are being accepted with a new openness as they make it into the mainstream online, she said. “Social media also causes interest in an entire author’s work all at once — for example, Sarah J Maas and Colleen Hoover — rather than single title interest,” said Christopher Green, the general manager and adult book buyer at The Bookworm of Edwards. With social media has also come a new enthusiasm about reading, Meier Bilbo acknowledged. However, for some readers, it’s not always about escape as many readers lean into more political topics. Meier Bilbo said the Steamboat store has seen an increase in readers looking for books on political activism, union and labor movements, constitutional history and more. Stringham noted that “Meditations” by Marcus Aurelius and “Silent Spring” by Rachel Carson are consistent sellers for Explore. “I think some books speak to people on the level of their humanity, whether it’s through humor or shared experience, and that places it outside of the trend cycle,” Stringham said. Within kids literature, Burner said she’s noticed “more books are addressing current struggles” in ways that are more accessible for kids. This, Burner added, has led to kids “actually engaging” with these books. Green said the Bookworm has a resurgence in banned book interest for both contemporary and classic titles as groups across the U.S. attempt to pull books from libraries. PEN America recorded over 10,000 instances of book banning in the 2023-2024 school year. The American Library Association reported that book challenges increased 63% in 2023 over the previous year. As these independent stores persevere, the diversity of books reflects readers’ openness and desire to sometimes escape. “It’s encouraging to see our customers reach for time-worn classics, notable nonfiction and new literary breakouts,” Faye said. “Many of our top sellers indicate a readership that is interested in exploring various perspectives, political ideas and experiences.” Overall, it’s been a good year for books and bookstores. Despite surging book bans, the popularity of e-commerce sites like Amazon and the constant competition for attention driven by technology, these independent bookstores have found their groove in recent years. “While challenges and changes are a constant, this is a great time to be in books,” Stringham said. “People love to roll their eyes and predict my shop’s demise, but nothing has actually killed books.” On the contrary, reading is on the rise. “(Books) are being printed at a higher rate than ever before. Hundreds of titles release every single week. More authors from all kinds of backgrounds are getting traction,” Stringham said. “People want to come in and touch and browse and chat about books, not just click online, alone in their houses.” It’s a commonly-held misconception that reading is a dying form of entertainment, according to Green. “We continue to see strong readership across all ages and demographics, including a strong newer adult market of 20-somethings,” Green said. To Burner, it’s an obvious sign “that in times of turmoil in the world, books continue to be people’s safe places for escapism or learning.” This extends from books into these independent bookstores, which serve as safe community spaces that give people a place to land and discover, Burner said. “Indie bookstores are on the uptick, and we’re generally seeing more openings than closings these days,” Meier-Bilbo said. The American Booksellers Association, which represents independent bookstores, has seen its membership expand significantly since the pandemic in 2020. Between 2022 and 2023, 291 bookstores opened in the country, according to the association. Of these, 230 were brick-and-mortar stores, 34 were pop-ups and nine were mobile stores. “That’s an energy that has to be maintained in the long term if you want these places to be around for your community,” Meier-Bilbo said. “These places exist because you patronize them.”No. 10 Marquette remains undefeated with convincing win over Western CarolinaThe PGA Tour is making the most sweeping changes to its eligibility in more than 40 years by eliminating 25 tour cards, along with shrinking the size of its fields. The all-exempt tour had been in place since 1983, meaning the top 125 players from the official money list — now the FedEx Cup standings — kept a full PGA Tour card the following season. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.New Delhi, Nov 22 (PTI) Markets regulator Sebi on Friday proposed diversifying and widening the ownership of the clearing corporations, which are at present wholly-owned subsidiaries of stock exchanges. Sebi rules prohibit clearing corporations (CCs) from listing publicly but allow stock exchanges (their parent entities) to list, indirectly exposing CCs to market pressures. Also Read | Latest Government Jobs Notifications: SBI Begins Recruitment Drive For 169 SCO Posts; Know Eligibility Criteria, Salary and How To Apply. "While looking to broad base and diversify the ownership of CCs, it is important to ensure that such a transition is fair to all stakeholders (including to the current shareholders of the parent exchange) and causes minimal disruption to the capital markets ecosystem," Sebi said in its consultation paper. Considering this, one approach could be a pro-rata distribution of 49 per cent of shareholding of a CC to the existing shareholders of the parent exchange and the balance 51 per cent of shareholding would remain with the parent exchange to start with. Also Read | Kolkata Fatafat Result Today: Kolkata FF Result for November 22, 2024 Declared, Check Winning Numbers and Result Chart of Satta Matka-Type Lottery Game. The parent exchange could then be given 5 years to bring down this holding to 15 per cent or lower, by selling down their stake to other exchanges. This approach would mean that CCs would remain majority-owned by exchanges in line with the SECC norms. "Alternatively, the entire shareholding of a CC could be allotted to the existing shareholders of exchanges, who would then be free to trade their shares in the CC. This would allow for a clean break of the CC from its parent exchange, in a manner that is fair to the existing shareholders of the parent exchange," Sebi has proposed. Further, it has been suggested that CCs will continue to be prohibited from listing. Jyoti Prakash Gadia - Managing Director at Resurgent India, a Sebi-registered merchant bank, said the discussion paper correctly highlights the fact that with the widening and steep growth of the capital markets, the role of clearing corporations should be to function independently without any conflict of interest or bias in favour of the parent stock exchange. Two divergent propositions have been proposed to spread and widen the shareholding of the CCs. Additionally, the regulator has suggested CCs should operate as profit-making public utilities, reinvesting in technology, infrastructure, and risk management. Besides, fee structures should remain reasonable without increasing costs for investors. The regulator has suggested encouraging multi-asset CCs while maintaining multiple CCs to reduce reliance on a single entity and enhance systemic resilience. The Securities and Exchange Board of India (Sebi) has sought public comments on these proposals by December 13. (This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)
In a significant shift, Huawei Technologies Co. has announced its plan to completely remove Google’s open-source Android operating system from its smartphones and tablets starting next year. This move marks a critical step in the Chinese tech giant’s ambitious strategy to break free from US technology and establish its own independent ecosystem. The company will be transitioning its devices to HarmonyOS Next, a fully indigenous operating system that removes all remnants of Android. This bold move comes after years of US sanctions that have severely hampered Huawei’s access to essential technologies. This transition will be spearheaded by the launch of Huawei’s new flagship phone, the Mate 70, which will be the first device to feature HarmonyOS Next. This is not entirely new territory for Huawei, as they have been developing and refining HarmonyOS for some time now. However, this marks a definitive break from Android and a full embrace of their own technology. This decision has sent ripples throughout the tech world, with many speculating about the implications for both Huawei and the global tech landscape. Will this be a successful move towards technological sovereignty, or will it isolate Huawei from the global market? The Driving Force Behind the Shift To understand this drastic move, we need to look at the context of the US sanctions imposed on Huawei. These sanctions have significantly limited Huawei’s ability to source crucial components, including advanced chips, and have cut off access to essential Google services like the Google Play Store. This has forced Huawei to innovate and seek alternative solutions to maintain its position in the competitive tech market. HarmonyOS: A New Dawn for Huawei? HarmonyOS is Huawei’s proprietary operating system, designed to be compatible with a wide range of devices, from smartphones and tablets to smartwatches and IoT devices. It boasts features like enhanced security , improved performance, and seamless cross-device integration. Challenges and Opportunities While this move presents a significant opportunity for Huawei to establish itself as a technological powerhouse, it also comes with its fair share of challenges. However, this transition also presents exciting opportunities for Huawei: My Perspective Having followed Huawei’s journey closely, I find this move both courageous and necessary. In a world increasingly reliant on technology, it is crucial for nations and companies to have control over their technological destiny . Huawei’s decision to embrace HarmonyOS is a testament to its resilience and determination to overcome challenges and forge its own path. While the road ahead may be challenging, I believe this strategic move has the potential to redefine Huawei’s future and reshape the global tech landscape. The Future of Huawei and HarmonyOS The success of this transition will depend on several factors, including the performance and user experience of HarmonyOS, the growth of its app ecosystem, and its acceptance in the global market. Huawei has invested heavily in research and development, and they are confident that HarmonyOS will deliver a superior user experience. This transition is not just about replacing Android; it’s about creating a new paradigm in the tech world, one where companies like Huawei can challenge the status quo and build their own technological foundations. It’s a bold move that could have far-reaching implications for the future of technology. Huawei’s decision to drop Android and embrace HarmonyOS is a pivotal moment in its history. It reflects the company’s ambition to achieve technological independence and its determination to overcome adversity. While challenges lie ahead, this strategic move has the potential to reshape the tech landscape and position Huawei as a global technology leader. Only time will tell how this bold move will play out, but one thing is certain: Huawei is determined to chart its own course in the ever-evolving world of technology.No. 10 Marquette remains undefeated with convincing win over Western Carolina
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