Rain and field goals. The Los Angeles Rams got a crucial win at the San Francisco 49ers on Thursday Night Football , with both sides just exchanging field goals in a 12-6 result. Matthew Stafford endured a poor start but the Rams just showed enough over a 49ers side that didn't receive production from Brock Purdy, whose key turnover proved costly in a game of small margins. Purdy had a chance at a Hail Mary on the final play, but didn't even get the ball out, dropping San Francisco to 6-8 in what, though not mathematically, likely ends its postseason hopes. Los Angeles has won seven of its last nine and are 8-6, very well in the mix of things with three games to play. Let's analyze the game further with winners and losers: WINNER: Kyren Williams, Rams When it became clear the game would be affected by rain, Sean McVay turned to his RB1 to deliver. And Williams paid off the faith. Williams rushed for 108 yards on 29 carries, a 3.7 average that may not seem big but definitely had its impact on the Rams' final drive that killed the clock to under 20 seconds in the fourth. LOSER: Brock Purdy, 49ers Purdy is due to get paid soon by the 49ers, and though he obviously deserves a raise given his achievements with the team on a low contract, San Francisco will need to be careful. The former Mr. Irrelevant threw for 142 yards on 14 of 31 completions with a pick, which ultimately turned the game in favor of Los Angeles. Purdy still has the mental capacity to improve, but his fundamental struggles limit the team and his inability to get going when the weather gets shaky is not the best sign. WINNER: Ahkello Witherspoon, Rams In a more delayed revenge game, former 49ers cornerback Witherspoon turned up against his old side. The Ram logged five tackles (four solo) but primarily stood out in coverage, recording three passes defended. LOSER: Deebo Samuel Sr., 49ers In his first game since publicly taking to social media to complain about not getting the ball enough, Samuel Sr. didn't prove much on the field. He recorded just 16 receiving yards on three catches and seven targets, with two rushes for three yards. One inexcusable drop in the third quarter drew audible groans and boos from the home crowd. It will be interesting to see what the 49ers do with Samuel Sr. long term, as he just hasn't provided enough since getting a major pay day. When they've needed to see him do more, he's consistently failed to help. WINNER: Kickers These are the types of games where kickers really earn their pay. With no touchdowns from either side, Rams' Joshua Karty nailed all four of his attempts. 49ers' Jake Moody made both, too, with his 53-yard attempt just sneaking in amid a second straight inconsistent season.Micron Technology MU will look to follow the fate of Broadcom , which recently got a boost in share price after its quarterly earnings . The Boise, Idaho-based company will report first-quarter financial results after the market closes on Wednesday. Analysts expect Micron Technology to report first-quarter revenue of $8.72 billion. That’s up from $4.73 billion in last year's first quarter, according to data from Benzinga Pro. The company has beaten analyst revenue estimates in six straight quarters and seven of the last 10 quarters overall. Analysts also expect the company to report first-quarter earnings per share of $1.76 — up from a loss of 95 cents per share in last year's first quarter. The company has beaten analyst estimates for earnings per share in three straight quarters and seven of the last 10 quarters overall. Guidance from the company calls for first-quarter revenue of $8.5 billion to $8.9 billion and earnings per share of $1.66 to $1.82. Read Also: Ahead Of Trump’s Return To White House, US Approves $406M Grant For Taiwan’s Chipmaker GlobalWafers What Analysts Are Saying: First-quarter financial results should meet or beat analyst estimates, Wedbush analyst Matt Bryson said in a new investor note. The analyst said Micron's first quarter benefitted from favorable pricing and product mixes. The second quarter could be tougher to meet or beat estimates. "We believe some of this pressure could be offset by mix, meaning risk to our current FQ2 forward estimates might be relatively modest," Bryson said. Outside of the second quarter, Bryson expects a strong back half of Micron's fiscal year due to "favorable memory economics." "We believe sentiment on memory was extremely negative creating room for a potential sharp move upwards in the stock should MU results/guidance roughly fit the expectations." A more favorable product mix and signs of normalization of memory inventory could also benefit Micron in the future. "We don't have a strong view on MU into the print, but believe the company is well positioned heading into 2025." Stifel recently reiterated a Buy rating with a $135 price target ahead of Micron's earnings print also. Key Items to Watch: Micron's report comes as the semiconductor sector has been in focus in 2024. Leader Nvidia has fallen in recent days while Broadcom soared after its earnings report. Micron shares received a boost after the White House invested $6.1 billion for new advanced memory chip facilities was announced. The semiconductor industry has been a prime sector for government investments to help support U.S. jobs and growing the market share of the sector in the country to lessen the need for imports from other countries. Investors and analysts will be closely watching Wednesday's report for more color on government support and commentary on the next White House administration set to begin in 2025. The company's next fiscal year will also be a key focus for investors and analysts with an update on guidance after the first quarter. "We are entering fiscal 2025 with the best competitive positioning in Micron's history. We forecast record revenue in fiscal Q1 and a substantial revenue record with significantly improved profitability in fiscal 2025," Micron CEO Sanjay Mehrota said after the fourth-quarter financial results. Investors and analysts will be looking for the same optimism Wednesday. Price Action: Micron stock is up 1% to $108.82 on Tuesday, versus a 52-week trading range of $78.63 to $157.54. Micron stock is up 32% year-to-date in 2024. Read Next: Nvidia, AMD, Taiwan Semi Gain As Broadcom’s Q4 Performance Sparks Sector-Wide Surge Image: Shutterstock © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Stormont minister Maurice Morrow told an official he would not raise the issue with the Northern Ireland Executive, despite similar measures being considered in England and Wales. A file on planning arrangements for the jubilee celebrations reveals a series of civil service correspondences on how Northern Ireland would mark the occasion. It includes a letter sent on January 11 2001 from an official in the Office of the First Minister/Deputy First Minister (OFMDFM) to the Department of Social Development, advising that a committee had been set up in London to consider a programme of celebrations. The correspondence says: “One of the issues the committee is currently considering is the possibility of deregulating liquor licensing laws during the golden jubilee celebrations on the same lines as the arrangements made for the millennium. “It is felt that the golden jubilee bank holiday on Monday 3 June 2002 is likely to be an occasion on which many public houses and similar licensed premises would wish to stay open beyond normal closing time.” The letter said a paper had been prepared on the issue of extending opening hours. It adds: “You will note that paragraph seven of the paper indicates that the devolved administrations ‘would need to consider deregulation separately within their own jurisdictions’. “I thought that you would wish to be aware that this issue is receiving active consideration for England and Wales and to consider whether anything needs to be done for Northern Ireland.” Some months later a “progress report” was sent between officials in OFMDFM, which again raised the issue of licensing laws. It says: “I spoke to Gordon Gibson, DSD, about Terry Smith’s letter of 12 January 2001 about licensing laws: the matter was put to their minister Maurice Morrow (DUP) who indicated that he would not be asking the NIE (Northern Ireland Executive) to approve any change to current licensing laws in NI to allow for either 24 hour opening (as at the millennium) nor a blanket approval for extended opening hours as is being considered in GB. “In both cases, primary legislation would be required here and would necessitate consultation and the minister has ruled out any consultation process.” The correspondence says individual licensees could still apply for an extension to opening hours on an ad hoc basis, adding “there the matter rests”. It goes on: “DSD await further pronouncements from the Home Office and Gibson and I have agreed to notify each other of any developments we become aware of and he will copy me to any (existing) relevant papers. “Ministers may well come under pressure in due course for a relaxation and/or parity with GB.” The document concludes “That’s it so far...making haste slowly?” Emails sent between officials in the department the same month said that lord lieutenants in Northern Ireland had been approached about local events to mark the jubilee. One message says: “Lord lieutenants have not shown any enthusiasm for encouraging GJ celebrations at a local level. “Lady Carswell in particular believes that it would be difficult for LLs to encourage such activities without appearing political.”WORCESTER, Mass. (AP) — Max Green's 16 points helped Holy Cross defeat Regis (MA) 82-46 on Sunday. Green also had nine rebounds and six assists for the Crusaders (8-5). Aidan Richard scored 13 points, going 4 of 6 (3 for 5 from 3-point range). Declan Ryan went 6 of 8 from the field to finish with 12 points. Jamir Harvey finished with 11 points, seven rebounds and four steals for the Pride. Aamyr Sullivan added nine points and five assists for Regis (MA). Dan Grasso finished with six points. Holy Cross took the lead with 19:46 left in the first half and did not relinquish it. The score was 36-20 at halftime, with Richard racking up 10 points. Holy Cross extended its lead to 82-43 during the second half, fueled by a 15-2 scoring run. Green scored a team-high 11 points in the second half as their team closed out the win. Holy Cross hosts Loyola (MD) in its next matchup on Thursday. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .Abortions are up in the US. It's a complicated picture as women turn to pills, travel
AP News Summary at 1:47 p.m. ESTA trio of running backs recorded touchdowns to help Nebraska hold off Boston College's late rally for a 20-15 win in the Pinstripe Bowl on a rainy Saturday afternoon in Bronx, N.Y. New York native Rahmir Johnson scored the Cornhuskers' opening touchdown to highlight his 60-yard performance on 10 carries. His 11-yard run on fourth-and-1 before the two-minute timeout iced the game, lifting Nebraska (7-6) to its first winning season since 2016. Kwinten Ives also ran for a score and Emmett Johnson (team-high 68 rushing yards on 14 carries) caught one from freshman quarterback Dylan Raiola, who was 23 of 31 for 228 yards, one touchdown and one interception on the day. Nebraska coach Matt Rhule noted that Rahmir Johnson, the game's most valuable player, was playing after his mother died in November. "He loved his mother," Rhule said. "He lost his mother. He cares about this team. I think this is a fitting end for him. I hope he wears his pads home on the subway and goes to his apartment, takes that MVP trophy and takes it out tonight somewhere." Nebraska had a 20-2 lead before allowing its first touchdown with 6:11 left in regulation. Boston College (7-6) forced two first-half turnovers and finished five of its first seven drives inside the opposing 35-yard line, but the Eagles went 0-for-4 on fourth downs until Turbo Richard's 1-yard touchdown run in the fourth quarter. Nebraska's first two punts turned into touchdowns for the Eagles, with the second being blocked and returned to the 2-yard line ahead of a Jordan McDonald score with 4:18 remaining. "Yeah, these guys fought hard," Boston College coach Bill O'Brien said. "We have a tough football team. They never quit. That's what BC is all about." Grayson James quarterbacked the Eagles, going 25 of 40 for a season-high 296 yards. He also rushed for 22. Lewis Bond made six catches for 94 yards. Jahmal Banks was Raiola's leading target, making four catches for 79 yards. After big plays went by the boards for both teams on their opening series, Raiola sent Nebraska on a 15-play, 75-yard drive to the opening touchdown four seconds into the second quarter. Following a third-down conversion in the red zone, Rahmir Johnson scored on a 4-yard run before John Hohl's PAT made it 7-0. After Boston College was unable to convert on Josiah Griffin's recovery of an Emmett Johnson fumble, an ensuing fourth-down penalty gave Nebraska new life and the Cornhuskers turned it into Ives' 2-yard score with 3:39 before halftime. Ashton McShane's 88-yard blocked PAT return got the Eagles on the board at 13-2, though. Nebraska's first drive out of halftime included two fakes from punter/holder Brian Buschini, including a successful fake field goal. On the following series, Raiola's 13-yard pass to Emmett Johnson out of the backfield resulted in a 20-2 lead with 3:02 left in the third. "Dylan, for us to have a chance, you're going to have to play well," Rhule said. "Everyone else has to do the same thing, but that last drive, for us to win the game, he had to go play well." Richard punched in the first Boston College touchdown. James' two-point conversion pass attempt failed. Buschini's second punt was blocked by Victor Nelson Jr. and returned to the 2-yard line by Omar Thornton, setting up McDonald's run and a Liam Connor PAT. "I think we have a bright future at Boston College," O'Brien said. "Today didn't go the way we wanted it to go, but today could have got really ugly. It really could have because Nebraska, they did a good job. But our guys hung in there. They fought, and I have nothing but good things -- very proud of our effort today." --Field Level Media
PARIS -- French President Emmanuel Macron vowed Thursday to stay in office until the end of his term, due in 2027, and announced that he will name a new prime minister within days in efforts to overcome the political deadlock following the resignation of ousted Prime Minister Michel Barnier . Macron came out fighting a day after a historic no-confidence vote prompted by budget disputes at the National Assembly left France without a functioning government. He laid blame at the door of his opponents on the far right for bringing down Barnier's government. “They chose disorder,” he said. The president said the far right and the far left had united in what he called “an anti-Republican front” and stressed: “I won’t shoulder other people’s irresponsibility.” He said he’d name a new prime minister within days but gave no hints as to who that might be. Earlier in the day, Macron “took note” of Barnier’s resignation after just three months in office — the shortest tenure of any prime minister in modern French history. While critical of his political opponents, Macron also acknowledged what he described as his own responsibility in the chaos now shaking French politics and alarming financial markets. He revisited his decision in June to dissolve parliament. That precipitated the crisis, leading to legislative elections that produced the now hung parliament , divided between three minority blocs that do not have enough seats to govern alone. “I do recognize that this decision wasn’t understood. Many criticized me for it,” Macron said. However, he argued, “I believe it was necessary” to let French voters speak. Macron said the new prime minister “will be charged with forming a government of general interest." He confirmed that a special law will be presented by mid-December to enable the state to levy taxes from Jan. 1, based on this year’s rules, and avoid a shutdown. “Public services will be operational, businesses will be able to work,” he said. The new government will then prepare a budget law for 2025, which will allow France to invest as planned in its military, its justice and police — and also to support struggling farmers, Macron said. Along with its own domestic political and financial difficulties — not least France’s ballooning levels of debt — Macron noted that the country faces multiple international challenges, citing the wars in Ukraine and Middle East . He looked back at the Paris Olympics in July-August and ahead to the reopening this weekend of Notre Dame Cathedral , arguing that France can emerge from this latest political crisis if it sets its mind on it. “It’s proof that we know how to do great things, that we know how to achieve the impossible," he said. "Twice this year, the world has admired us for this,” he said, referring to the hosting of the Olympics and the restoration of Notre Dame. “Well, for the nation, we must do same thing.” Macron faces the critical task of naming a replacement for Barnier capable of leading a minority government in a parliament where no party holds a majority. Yaël Braun-Pivet, president of the National Assembly and a member of Macron’s party, urged the president to move quickly. “I recommend he decide rapidly on a new prime minister,” Braun-Pivet said Thursday on France Inter radio. “There must not be any political hesitation. We need a leader who can speak to everyone and work to pass a new budget bill.” The process may prove challenging. French media have reported a shortlist of centrist candidates who might appeal to both sides of the political spectrum. The no-confidence vote has galvanized opposition leaders, with some explicitly calling for Macron’s resignation. “I believe that stability requires the departure of the President of the Republic,” Manuel Bompard, leader of the far-left France Unbowed party, said on BFM TV Wednesday night. Far-right National Rally leader Marine Le Pen , whose party holds the most seats in the Assembly, stopped short of calling for Macron’s resignation but warned that “the pressure on the President of the Republic will get stronger and stronger.” The French constitution does not call for a president to resign after his government was ousted by the National Assembly. It also says that new legislative elections cannot be held until at least July, creating a potential stalemate for policymakers. The political instability has heightened concerns about France’s economy, particularly its debt , which could rise to 7% of GDP next year without significant reforms. Analysts say that Barnier's government downfall could push up French interest rates, digging the debt even further. Rating agency Moody’s warned late Wednesday that the government’s fall “reduces the likelihood of consolidating public finances” and worsens the political gridlock. A planned protest by teachers against budget cuts in education took on a new tone Thursday, as demonstrators in Paris linked their demands to the political crisis. “Macron quit!” read a sign held by Dylan Quenon, a 28-year-old teacher at a middle school in Aubervilliers, just north of Paris. Quenon said Macron bears responsibility for what he described as the dismantling of public services such as schools. “The only way for this to change is to have him out of office,” he said. Protesters expressed little hope that Macron’s next appointee would reverse course. “I’m glad this government is falling, but it could possibly lead to something even worse,” said Élise De La Gorce, a 33-year-old teacher in Stains, north of Paris.Stormont minister Maurice Morrow told an official he would not raise the issue with the Northern Ireland Executive, despite similar measures being considered in England and Wales. A file on planning arrangements for the jubilee celebrations reveals a series of civil service correspondences on how Northern Ireland would mark the occasion. It includes a letter sent on January 11 2001 from an official in the Office of the First Minister/Deputy First Minister (OFMDFM) to the Department of Social Development, advising that a committee had been set up in London to consider a programme of celebrations. The correspondence says: “One of the issues the committee is currently considering is the possibility of deregulating liquor licensing laws during the golden jubilee celebrations on the same lines as the arrangements made for the millennium. “It is felt that the golden jubilee bank holiday on Monday 3 June 2002 is likely to be an occasion on which many public houses and similar licensed premises would wish to stay open beyond normal closing time.” The letter said a paper had been prepared on the issue of extending opening hours. It adds: “You will note that paragraph seven of the paper indicates that the devolved administrations ‘would need to consider deregulation separately within their own jurisdictions’. “I thought that you would wish to be aware that this issue is receiving active consideration for England and Wales and to consider whether anything needs to be done for Northern Ireland.” Some months later a “progress report” was sent between officials in OFMDFM, which again raised the issue of licensing laws. It says: “I spoke to Gordon Gibson, DSD, about Terry Smith’s letter of 12 January 2001 about licensing laws: the matter was put to their minister Maurice Morrow (DUP) who indicated that he would not be asking the NIE (Northern Ireland Executive) to approve any change to current licensing laws in NI to allow for either 24 hour opening (as at the millennium) nor a blanket approval for extended opening hours as is being considered in GB. “In both cases, primary legislation would be required here and would necessitate consultation and the minister has ruled out any consultation process.” The correspondence says individual licensees could still apply for an extension to opening hours on an ad hoc basis, adding “there the matter rests”. It goes on: “DSD await further pronouncements from the Home Office and Gibson and I have agreed to notify each other of any developments we become aware of and he will copy me to any (existing) relevant papers. “Ministers may well come under pressure in due course for a relaxation and/or parity with GB.” The document concludes “That’s it so far...making haste slowly?” Emails sent between officials in the department the same month said that lord lieutenants in Northern Ireland had been approached about local events to mark the jubilee. One message says: “Lord lieutenants have not shown any enthusiasm for encouraging GJ celebrations at a local level. “Lady Carswell in particular believes that it would be difficult for LLs to encourage such activities without appearing political.”None
NEW YORK--(BUSINESS WIRE)--Dec 12, 2024-- Goldman Sachs Asset Management, the investment adviser for the Goldman Sachs Bloomberg Clean Energy Equity ETF, Goldman Sachs North American Pipelines & Power Equity ETF and Goldman Sachs Future Real Estate and Infrastructure Equity ETF (each, a “Fund” and collectively, the “Funds”), announced today that the Funds’ Board of Trustees, at the recommendation of Goldman Sachs Asset Management, has approved a plan of liquidation for each Fund (collectively, the “Plans”). Under the Plans, which are effective today, the Funds will begin the process of liquidating portfolio assets and unwinding their affairs in an orderly fashion over time. The Plans are not subject to shareholder approval. Shareholders of the Funds may sell their shares on the Fund’s listing exchange, Cboe BZX Exchange, Inc. (“Cboe”) for the Goldman Sachs Bloomberg Clean Energy Equity ETF and Goldman Sachs North American Pipelines & Power Equity ETF or NYSE Arca, Inc. (“NYSE Arca”) for the Goldman Sachs Future Real Estate and Infrastructure Equity ETF until market close on January 10, 2025, and may incur transaction fees from their broker-dealer. The Funds’ shares will no longer trade on Cboe or NYSE Arca, as applicable, after market close on January 10, 2025, and the shares will subsequently be de-listed. Shareholders who continue to hold shares of a Fund on the Funds’ liquidation date, which is expected to be on or about January 17, 2025, will receive a liquidating distribution of cash in the cash portion of their brokerage accounts equal to the amount of the net asset value of their shares. For tax purposes, shareholders will generally recognize a capital gain or loss equal to the amount received for their shares over their adjusted basis in such shares. The Funds will stop accepting creation orders from Authorized Participants on January 10, 2025. About Goldman Sachs Asset Management Goldman Sachs Asset Management is the primary investing area within Goldman Sachs (NYSE: GS), delivering investment and advisory services across public and private markets for the world’s leading institutions, financial advisors, and individuals. The business is driven by a focus on partnership and shared success with its clients, seeking to deliver long-term investment performance drawing on its global network and deep expertise across industries and markets. Goldman Sachs Asset Management is a leading investor across fixed income, liquidity, equity, alternatives, and multi-asset solutions. Goldman Sachs oversees approximately $3.1 trillion in assets under supervision as of September 30, 2024. Follow us on LinkedIn . The Goldman Sachs Bloomberg Clean Energy Equity ETF (the “Fund”) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Bloomberg Goldman Sachs Global Clean Energy Index (the “Index”), which delivers exposure to companies that are expected to have a significant impact on energy decarbonization through their exposure to clean energy. The Fund’s investments are subject to market risk , which means that the value of the securities in which it invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions. Foreign and emerging markets investments may be more volatile and less liquid than investments in U.S. securities and are subject to the risks of currency fluctuations and adverse social, economic or political developments. Because the Fund may have significant investments in the clean energy sector , the Fund is subject to risk of loss as a result of adverse economic, business or other developments affecting industries within that sector. The securities of mid- and small-capitalization companies involve greater risks than those associated with larger, more established companies and may be subject to more abrupt or erratic price movements. The Fund is not actively managed, and therefore the Fund will not generally dispose of a security unless the security is removed from the Index. The Index calculation methodology may rely on information based on assumptions and estimates and neither the Fund, the index provider nor the investment adviser can guarantee the accuracy of the methodology’s valuation of securities or the availability or timeliness of the production of the Index. Performance may vary substantially from the performance of the Index as a result of transaction costs, expenses and other factors. The Goldman Sachs North American Pipelines & Power Equity ETF (the “Fund”) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Solactive Energy Infrastructure Enhanced Index (the “Index”), which is designed to deliver exposure to equity securities of U.S. and Canadian listed companies including companies structured as master limited partnerships (“MLPs”), operating in the pipelines and power universe. The Fund’s investments are subject to market risk , which means that the value of the securities in which it invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions. Foreign investments may be more volatile and less liquid than investments in U.S. securities and are subject to the risks of currency fluctuations and adverse economic, social or political developments, including sanctions, counter-sanctions and other retaliatory actions. Investments in MLPs are subject to certain additional risks, including risks related to limited control and limited rights to vote on matters affecting MLPs, potential conflicts of interest, cash flow risks, dilution risks, limited liquidity , risks related to the general partner’s right to force sales at undesirable times or prices, interest rate sensitivity and for MLPs with smaller capitalizations, lower trading volume and abrupt or erratic price movements. MLPs are also subject to risks relating to their complex tax structure , including the risk that an MLP could lose its tax status as a partnership, resulting in a reduction in the value of the Fund’s investment in the MLP and lower income to the Fund. MLPs are also subject to the risk that to the extent that a distribution received from an MLP is treated as a return of capital, the Fund’s adjusted tax basis in the MLP interests may be reduced, which may increase the Fund’s tax liability upon the sale of the MLP interests or upon subsequent distributions in respect of such interests. Many MLPs in which the Fund invests operate facilities within the energy sector and are also subject to risks affecting that sector . Because the Index currently concentrates its investments in the energy sector , the Fund is subject to greater risk of loss as a result of adverse economic, business or other developments affecting that industry or group of industries. The Fund is not actively managed , and therefore the Fund will not generally dispose of a security unless the security is removed from the Index. The Index calculation methodology may rely on information based on assumptions and estimates and neither the Fund, the index provider nor the investment adviser can guarantee the accuracy of the methodology’s valuation of securities or the availability or timeliness of the production of the Index. Performance may vary substantially from the performance of the Index as a result of transaction costs, expenses and other factors. The Fund is non-diversified and may invest a larger percentage of its assets in fewer issuers than “diversified” funds. Accordingly, the Fund may be more susceptible to adverse developments affecting any single issuer held in its portfolio and to greater losses resulting from these developments. The Goldman Sachs Future Real Estate and Infrastructure Equity ETF (the “Fund”) seeks long-term growth of capital. The Fund is an actively managed exchange-traded fund. The Fund pursues its investment objective by primarily investing in U.S. and non-U.S. real estate and infrastructure companies that the Investment Adviser believes are aligned with key themes associated with secular growth drivers for real estate and infrastructure assets. The Fund’s investments are subject to market risk , which means that the value of the securities in which it invests may go up or down in response to the prospects of individual companies, particular sectors or governments and/or general economic conditions. The Fund’s thematic investment strategy limits the universe of investment opportunities available to the Fund and may affect the Fund’s performance relative to similar funds that do not seek to invest in companies exposed to such themes. The Fund relies on the Investment Adviser for the identification of companies the Investment Adviser believes are aligned with key themes associated with secular growth drivers for real estate and infrastructure assets, and there is no guarantee that the Investment Adviser’s views will reflect the beliefs or values of any particular investor or that real estate and infrastructure companies in which the Fund invests will benefit from their associations with secular growth drivers for real estate and infrastructure assets. Different investment styles (e.g., “growth” and “value”) tend to shift in and out of favor, and at times the Fund may underperform other funds that invest in similar asset classes. Because the Fund concentrates its investments in certain specific industries, the Fund is subject to greater risk of loss as a result of adverse economic, business or other developments affecting those industries than if its investments were more diversified across different industries . Stock prices of real estate and infrastructure companies in particular may be especially volatile. Investing in Real Estate Investment Trusts (“REITs”) involves certain unique risks in addition to those risks associated with investing in the real estate industry in general. REITs whose underlying properties are focused in a particular industry or geographic region are also subject to risks affecting such industries and regions. The securities of REITs involve greater risks than those associated with larger, more established companies and may be subject to more abrupt or erratic price movements because of interest rate changes, economic conditions and other factors. Foreign and emerging markets investments may be more volatile and less liquid than investments in U.S. securities and are subject to the risks of currency fluctuations and adverse economic, social or political developments, including sanctions, counter-sanctions and other retaliatory actions. 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Brokerage commissions will reduce returns. A summary prospectus, if available, or a Prospectus for each Fund containing more information may be obtained from your authorized dealer or from Goldman Sachs & Co. LLC by calling 1-800-621-2550. Please consider a Fund's objectives, risks, and charges and expenses, and read the summary prospectus, if available, and the Prospectus carefully before investing. The summary prospectus, if available, and the Prospectus contains this and other information about the Funds. The Investment Company Act of 1940 (the “Act”) imposes certain limits on investment companies purchasing or acquiring any security issued by another registered investment company. For these purposes the definition of “investment company” includes funds that are unregistered because they are excepted from the definition of investment company by sections 3(c)(1) and 3(c)(7) of the Act. You should consult your legal counsel for more information. Goldman Sachs does not provide accounting, tax or legal advice. © 2024 Goldman Sachs All rights reserved NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. ALPS Control: GST: 2818 Compliance Code: 402923-OTU-2167293 Date of first use: 12/12/2024 View source version on businesswire.com : https://www.businesswire.com/news/home/20241212407058/en/ CONTACT: Media: Victoria Zarella Tel: 212-902-5400 KEYWORD: NEW YORK UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: ASSET MANAGEMENT PROFESSIONAL SERVICES FINANCE SOURCE: Goldman Sachs Asset Management Copyright Business Wire 2024. PUB: 12/12/2024 05:12 PM/DISC: 12/12/2024 05:10 PM http://www.businesswire.com/news/home/20241212407058/en
Applied Optoelectronics Filed a Patent Infringement Lawsuit Against Accelight Technologies, Inc. (ATI)
Morrissey throws 67-yard TD pass to Calwise Jr. to lift Eastern Kentucky over North Alabama 21-15
NBA Spread and Total Picks for Today, December 30
NEW YORK — Dylan Raiola took the shotgun snap and saw the Boston College defensive end crash in hard. Time to improvise. On the day Raiola set a new Nebraska freshman passing record for a season, perhaps his most crucial sequence came on a rare run. With the Huskers leaking momentum after a blocked punt helped whittle their lead to 20-15 late in the fourth quarter, the quarterback pulled the ball from Rahmir Johnson and took off to his left on a first-and-10 play from the NU 36. Raiola picked up five yards and slid late as defensive back Carter Davis crashed into him. Officials flagged Davis for a late-hit personal foul — Eagles coach Bill O’Brien vehemently disagreed in the moment and declined to discuss it afterward — as Raiola rolled to his feet and got in the face of the defender to set off a brief on-field scuffle. “He tried to take me out which is why I came up and kind of reacted,” Raiola said. “But I guess it was just kind of the fire in me. Game’s on the line, I’m going to lay it on the line for my team. I got up, I knew I wasn’t going to do anything but my linemen came in and kind of cleaned up for me.” Raiola finished 23-of-31 passing for 228 yards, pushing his season passing total to 2,823 yards in 13 games. The previous school mark was 2,617 by Adrian Martinez in 2018. Get local news delivered to your inbox!MARPAI ANNOUNCES PRICING OF $700,000 PRIVATE PLACEMENTfranz12 L'Oréal ( OTCPK:LRLCF , OTCPK:LRLCY ) is a world's leading cosmetics and beauty company with a current market cap at 180bn+. With 90,000+ employees, a presence in 150+ countries and 37 global brands, this company has been in operation for nearly 115 years - it is easy 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. The articles represents my own opinions and has no relation to any company whatsoever. 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.
Aurora's self-driving truck tech boosts Bozeman job marketB.C. ballers compete at Langley high school tournamentWILMINGTON, Delaware, Dec 17 (Reuters) - Attorneys for Arm (O9Ty.F) , opens new tab , and Qualcomm (QCOM.O) , opens new tab grilled a former Apple (AAPL.O) , opens new tab executive on Tuesday about a key question for the future of the chip industry: Who owns the intellectual property built on top of Arm's computing architecture? At stake in a trial in U.S. federal court in Delaware this week is the fate of Qualcomm's push into the laptop business, where it is helping partners such as Microsoft (MSFT.O) , opens new tab try to regain ground that Windows computers lost to Apple after the iPhone maker introduced its own custom chips. Arm's flagship product is a computing architecture that competes against Intel's architecture and is ubiquitous in smartphones and increasingly used in laptops and data centers. Competing computing architectures are the reason that, until relatively recently, most smartphone apps did not work on most laptops. Massive companies like Apple design their own computing cores based on Arm's architecture, but Arm also offers its own off-the-shelf core designs that are used by smaller firms such as MediaTek (2454.TW) , opens new tab . Where Arm's ownership of the core designs based on its architecture begins and ends is at the heart of the dispute between Arm and Qualcomm. The companies disagree over whether Nuvia, a firm Qualcomm paid $1.4 billion for in 2021 , had the right to transfer its computing core designs to Qualcomm after the sale. In U.S. federal court in Delaware on Tuesday, attorneys for both sides pressed Gerard Williams, a former Apple engineer who founded Nuvia in 2019, over whether Nuvia's cores were ultimately derivatives of Arm's technology or whether Arm's technology played only a trivial role in Nuvia's work. Arm's attorney pressed Williams to acknowledge that the licensing contract at the heart of the dispute covered Arm technology and "derivatives" and "modifications" made from it. Williams repeatedly said he did not believe the contract meant that all of Nuvia's work was a derivative or modification of Arm's technology, but acknowledged that was what the words on the page appeared to say. Daralyn Durie, the Arm attorney, pointedly asked Williams to agree that "maybe you wouldn’t say that, but that’s what the contract says." “I wouldn’t say that," Williams responded, "but I’m not a legal expert.” Durie immediately said she was finished with her questioning. The exchange with Durie followed questioning by Qualcomm's attorney, who guided Williams to describe how little Arm technology was in Qualcomm chips that power phones, laptops and cars. Williams said his team of developers started with Arm architecture and was asked to estimate the amount of Arm's technology in Nuvia's final designs. "One percent or less," Williams responded. Analysts have told Reuters that Qualcomm pays Arm about $300 million per year, and evidence introduced at trial on Monday showed Arm executives believed they were missing out on $50 million per year in additional revenue because of Qualcomm's acquisition of Nuvia. A jury verdict could come as soon as this week in the trial, and Qualcomm CEO Cristiano Amon also might take the witness stand. Sign up here. Reporting by Tom Hals in Wilmington, Delaware, writing by Stephen Nellis in San Francisco; Editing by Lisa Shumaker Our Standards: The Thomson Reuters Trust Principles. , opens new tab
Trump invited China's Xi to his inauguration even as he threatened massive tariffs on BeijingOverhead at Amsoil: What are Laura Schuler’s favorite sayings?
Published 9:26 pm Sunday, December 29, 2024 By Data Skrive Today’s NBA lineup features plenty of excitement, including a matchup between the Dallas Mavericks and the Sacramento Kings. Ahead of today’s NBA action, get a sneak peek at the odds right here. Sign up for NBA League Pass to get access to games, live and on-demand, and more for the entire season and offseason. Watch ESPN originals, The Last Dance and more NBA content on ESPN+. Use our link to sign up for ESPN+ or the Disney bundle. Not all offers available in all states, please visit BetMGM for the latest promotions for your area. Must be 21+ to gamble, please wager responsibly. If you or someone you know has a gambling problem, contact 1-800-GAMBLER .FORT WORTH, Texas — Frankie Collins scored 16 points, Brendan Wenzel added 15 and TCU beat Xavier 76-72 in a Big 12/Big East Battle game on Thursday night. Collins also had a game-high seven rebounds plus five assists while Wenzel hit a trio of 3-pointers for the Horned Frogs (5-3). Ernest Udeh Jr. added 13 points and Trazarien White and Micha Robinson had 10 each. Ryan Conwell scored 17 points to lead Xavier (7-2), though it come on 6-of-18 shooting, including 4 of 13 on 3-point attempts. Zach Freemantle added 16 points and Dailyn Swain 12. TCU led nearly the entire first half, going up 37-29 at halftime. The Musketeers took their first lead of the second half with 12 minutes to go. There were seven lead changes after that before TCU went on a 9-0 run with 1:21 remaining. Wenzel started the decisive run by tying the game with two free throws, Vasean Allette, who started in place of Noah Reynolds (wrist), scored off a steal by Udeh for the lead and then made his own steal, was fouled and sank two free throws with 46 seconds to go. David Punch blocked Dayvion McKnight at the hoop leading to another Collins free throw before Udeh's emphatic dunk completed the run. Xavier missed three shots and turned the ball over twice during TCU's run before Swain hit a 3-pointer at game's end. TCU will host Vanderbilt in a neutral site game at Dickies Arena while Xavier is home against Morgan State on Tuesday. Xavier guard Dayvion McKnight (20) leap to the basket to take a shot as TCU's Frankie Collins (11), Ernest Udeh Jr. (8) and Brendan Wenzel (0) defend in the second half of an NCAA college basketball game in Fort Worth, Texas, Thursday, Dec. 5, 2024. Credit: AP/Tony Gutierrez
Paramount Global Announces Redemption of its 4.750% Senior Notes due May 2025