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2025-01-21
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3 j's hardware Judge Arun Subramanian ruled to deny bail for Sean "Diddy" Combs on Friday. Both federal prosecutors and Combs' attorneys submitted their final letters about whether the music mogul should be allowed out on bail on Monday. Prosecutors argued that Combs’ attempt to influence witnesses while in jail “constitutes obstruction” of his criminal case. They also called out Combs’ “recent efforts to influence the jury pool” through a social media campaign organized by his children. Defense attorneys said that their client's conduct was protected free speech, meant to combat “outrageous claims about Mr. Combs” by “government agents, plaintiffs’ attorneys, and others with questionable motives.” Subramanian had asked the parties to submit these final arguments in writing and said he would issue a written decision on bail. Combs, who pleaded not guilty to racketeering conspiracy, sex trafficking and prostitution charges, has offered to remain on home confinement in a three-bedroom apartment on Manhattan’s Upper East Side with 24/7 security guards and restrictions on visitors and communications. Last Friday, the defense called the proposed conditions “far more restrictive” than Combs faces in jail. They included limiting phone calls to lawyers, restricting visitors other than lawyers and specific family members, keeping a visitation log, and avoiding contact with witnesses or potential witnesses. However, federal prosecutors have said there are no conditions that can reduce Combs’ risk of tampering with witnesses or shaping the opinions of potential jurors. They also brought up a 2016 video of Combs attacking then-girlfriend and protégé Cassie Ventura in a hotel hallway, saying that it showed the danger he could pose to women if allowed out on bail. In court last Friday, prosecutors summarily said that Combs "cannot be trusted" to follow the rules of a pretrial release.NEW YORK (AP) — U.S. stock indexes got back to climbing on Wednesday after the latest update on inflation appeared to clear the way for more help for the economy from the Federal Reserve . The S&P 500 rose 0.8% to break its first two-day losing streak in nearly a month and finished just short of its all-time high. Big Tech stocks led the way, which drove the Nasdaq composite up 1.8% to top the 20,000 level for the first time. The Dow Jones Industrial Average, meanwhile, lagged the market with a dip of 99 points, or 0.2%. Stocks got a boost as expectations built that Wednesday’s inflation data will allow the Fed to deliver another cut to interest rates at its meeting next week. Traders are betting on a nearly 99% probability of that, according to data from CME Group, up from 89% a day before. If they’re correct, it would be a third straight cut by the Fed after it began lowering rates in September from a two-decade high. It’s hoping to support a slowing job market after getting inflation nearly all the way down to its 2% target. Lower rates would give a boost to the economy and to prices for investments, but they could also provide more fuel for inflation. “The data have given the Fed the ‘all clear’ for next week, and today’s inflation data keep a January cut in active discussion,” according to Ellen Zentner, chief economic strategist for Morgan Stanley Wealth Management. Expectations for a series of cuts to rates by the Fed have been one of the main reasons the S&P 500 has set an all-time high 57 times this year , with the latest coming last week. The biggest boosts for the index on Wednesday came from Nvidia and other Big Tech stocks. Their massive growth has made them Wall Street’s biggest stars for years, though other kinds of stocks have recently been catching up somewhat amid hopes for the broader U.S. economy. Tesla jumped 5.9% to finish above $420 at $424.77. It’s a level that Elon Musk made famous in a 2018 tweet when he said he had secured funding to take Tesla private at $420 per share . Stitch Fix soared 44.3% after the company that sends clothes to your door reported a smaller loss for the latest quarter than analysts expected. It also gave financial forecasts for the current quarter that were better than expected, including for revenue. GE Vernova rallied 5% for one of the biggest gains in the S&P 500. The energy company that spun out of General Electric said it would pay a 25 cent dividend every three months, and it approved a plan to send up to another $6 billion to its shareholders by buying back its own stock. On the losing end of Wall Street, Dave & Buster’s Entertainment tumbled 20.1% after reporting a worse loss for the latest quarter than expected. It also said CEO Chris Morris has resigned, and the board has been working with an executive-search firm for the last few months to find its next permanent leader. Albertsons fell 1.5% after filing a lawsuit against Kroger, saying it didn’t do enough for their proposed $24.6 billion merger agreement to win regulatory clearance. Albertsons said it’s seeking billions of dollars in damages from Kroger, whose stock rose 1%. A day earlier, judges in separate cases in Oregon and Washington nixed the supermarket giants’ merger. The grocers contended a combination could have helped them compete with big retailers like Walmart, Costco and Amazon, but critics said it would hurt competition. After terminating the merger agreement with Kroger, Albertsons said it plans to boost its dividend 25% and increased the size of its program to buy back its own stock. Macy’s slipped 0.8% after cutting some of its financial forecasts for the full year of 2024, including for how much profit it expects to make off each $1 of revenue. All told, the S&P 500 rose 49.28 points to 6,084.19. The Dow dipped 99.27 to 44,148.56, and the Nasdaq composite rallied 347.65 to 20,034.89. In the bond market, the yield on the 10-year Treasury rose to 4.27% from 4.23% late Tuesday. The two-year Treasury yield, which more closely tracks expectations for the Fed, edged up to 4.15% from 4.14%. In stock markets abroad, indexes rose across much of Europe and Asia. Hong Kong’s Hang Seng was an outlier and slipped 0.8% as Chinese leaders convened an annual planning meeting in Beijing that is expected to set economic policies and growth targets for the coming year. South Korea’s Kospi rose 1%, up for a second straight day as it climbs back following last week’s political turmoil where its president briefly declared martial law. AP Writers Matt Ott and Zimo Zhong contributed.On November 30, 2024, Syrian regime artillery forces fired multiple shells at Kansafra village in Jabal al-Zawiya district in southern rural Idlib governorate, killing one local man, identified as Mohammad Faris al-Mustafa. The area targeted is under the control of armed opposition factions and Hay’at Tahrir al-Sham (HTS). The Syrian Network for Human Rights (SNHR) notes that through this attack, Syrian regime forces have again unequivocally violated UN Security Council resolutions 2139 & 2254, both of which categorically prohibit indiscriminate attacks, as well as violating the rules of international humanitarian law on distinguishing between civilians and members. Such attacks aim solely to spread fear and panic among civilians, to drive them from their lands and homes, and to forcibly displace them. An estimated 6.5 million people are currently internally displaced in Syria. The international community must put pressure on the Syrian regime and its allies to support a process of political transition. Pressure should be applied on all parties to compel them to launch such a transition within a period of no more than six months, so that millions of displaced people can be ensured a safe and stable return to their homes.

OneAscent Wealth Management LLC Raises Stock Position in JPMorgan Chase & Co. (NYSE:JPM)



OneAscent Wealth Management LLC Raises Stock Position in JPMorgan Chase & Co. (NYSE:JPM)

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What to know about Scott Turner, Trump's pick for housing secretary

CLEMSON, S.C. -- LaNorris Sellers' 20-yard touchdown run with 1:08 to play gave No. 16 South Carolina its sixth straight win, a 17-14 victory over 12th-ranked Clemson on Saturday. Sellers, a freshman in his first season as starter, finished with 166 yards rushing and two scores as the Gamecocks (9-3, 4-1 SEC, No. 15 CFP) continued a run that has seen them defeat four ranked opponents this month. Clemson (9-3, 5-2 ACC, No. 12) drove to the South Carolina 18 with 16 seconds left — well within reach of a tying field goal — when Cade Klubnik was intercepted by Demetrius Knight Jr. The Gamecocks, who were 3-3 after losing at Alabama in mid-October, have given the College Football Playoff selection committee plenty to consider with their second-half charge. Much of the credit goes to the maturing Sellers, who has played with poise under most circumstances. He shook off an early fumble and a late interception in this one as South Carolina won its second straight at rival Clemson. On his game-winning run, Sellers spun away from defender Peter Woods, moved right and cut to his left to reach the end zone. It was the latest amazing show put on Sellers, who twice rallied South Carolina in the fourth quarter in a 34-30 victory over Missouri two weeks ago, when he had career highs with 353 yards and five TD passes. The Tigers also were hoping to play their way into the CFP's 12-team field. But their offense had too many costly mistakes and their defense could not corral Sellers, who finished 13 of 21 passing for 164 yards. Still, there could be postseason hope for Clemson, which will cross its fingers and hope Syracuse can pull off an upset over No. 8 Miami later Saturday that would get the Tigers into the Atlantic Coast Conference title game next week against SMU. Both teams came in on highs, the Tigers having won three straight and the Gamecocks five in a row, including three consecutive over ranked opponents Texas A & M, Vanderbilt and Missouri. But neither team found its offensive rhythm in the opening half. Sellers was sacked by T.J. Parker and turned the ball over as Parker recovered with South Carolina inside the Clemson 20. The Tigers drove to the South Carolina 11 and turned down a chip-shot field goal to go for it on fourth-and-1. But Mafah was stopped way short by Jalon Kilgore and Knight. Klubnik had scoring runs of 13 and 18 yards for the Tigers. South Carolina: What a run by the Gamecocks, who before the season were picked 13th in the SEC and now may find themselves part of the national championship playoff field. Clemson: The Tigers lost to both ranked SEC opponents they faced this season, first to No. 1 Georgia to start the year and then to rival South Carolina. South Carolina and Clemson both await their postseason games. ___ Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-footballQuest Partners LLC acquired a new position in Essential Utilities, Inc. ( NYSE:WTRG – Free Report ) during the third quarter, HoldingsChannel.com reports. The fund acquired 16,334 shares of the company’s stock, valued at approximately $630,000. Several other large investors have also added to or reduced their stakes in the business. Bank of New York Mellon Corp boosted its stake in shares of Essential Utilities by 0.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 2,754,099 shares of the company’s stock worth $102,811,000 after buying an additional 9,822 shares during the last quarter. Tandem Investment Advisors Inc. raised its holdings in Essential Utilities by 0.5% during the third quarter. Tandem Investment Advisors Inc. now owns 2,034,497 shares of the company’s stock worth $78,471,000 after acquiring an additional 10,560 shares in the last quarter. Boston Trust Walden Corp boosted its position in Essential Utilities by 117.3% during the third quarter. Boston Trust Walden Corp now owns 1,962,692 shares of the company’s stock valued at $75,701,000 after purchasing an additional 1,059,320 shares during the last quarter. Empower Advisory Group LLC grew its stake in Essential Utilities by 5.6% in the third quarter. Empower Advisory Group LLC now owns 1,585,475 shares of the company’s stock valued at $61,152,000 after purchasing an additional 84,596 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Essential Utilities by 18.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,500,150 shares of the company’s stock worth $56,002,000 after purchasing an additional 234,857 shares during the last quarter. Institutional investors and hedge funds own 74.78% of the company’s stock. Essential Utilities Stock Performance NYSE WTRG opened at $39.55 on Friday. The stock has a market cap of $10.86 billion, a PE ratio of 19.77, a P/E/G ratio of 3.08 and a beta of 0.84. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.39 and a current ratio of 0.55. The firm has a 50-day moving average of $39.04 and a 200-day moving average of $38.84. Essential Utilities, Inc. has a 52-week low of $33.57 and a 52-week high of $41.78. Essential Utilities Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Tuesday, November 12th will be issued a $0.3255 dividend. This represents a $1.30 dividend on an annualized basis and a yield of 3.29%. The ex-dividend date of this dividend is Tuesday, November 12th. Essential Utilities’s dividend payout ratio is 65.00%. Wall Street Analyst Weigh In Several equities analysts recently weighed in on the stock. Bank of America reissued a “buy” rating and issued a $45.00 target price on shares of Essential Utilities in a research note on Friday, September 20th. Robert W. Baird lifted their price objective on shares of Essential Utilities from $45.00 to $46.00 and gave the company an “outperform” rating in a research report on Wednesday, November 6th. Evercore ISI upped their target price on shares of Essential Utilities from $42.00 to $45.00 and gave the company an “outperform” rating in a report on Thursday, August 8th. Jefferies Financial Group cut Essential Utilities from a “buy” rating to a “hold” rating and reduced their price target for the stock from $44.00 to $41.00 in a report on Thursday, November 7th. Finally, Wells Fargo & Company dropped their price objective on Essential Utilities from $45.00 to $43.00 and set an “overweight” rating on the stock in a research note on Tuesday, November 5th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $44.00. Read Our Latest Stock Analysis on WTRG Essential Utilities Company Profile ( Free Report ) Essential Utilities, Inc, through its subsidiaries, operates regulated utilities that provide water, wastewater, or natural gas services in the United States. The company operates through Regulated Water and Regulated Natural Gas segments. It offers water services through operating and maintenance contract with municipal authorities and other parties. Featured Stories Want to see what other hedge funds are holding WTRG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Essential Utilities, Inc. ( NYSE:WTRG – Free Report ). Receive News & Ratings for Essential Utilities Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Essential Utilities and related companies with MarketBeat.com's FREE daily email newsletter .SAN FRANCISCO (AP) — Apple is pumping more artificial intelligence into the latest iPhones during the holiday shopping season with a free software update that includes a feature that enables users to create customized emojis within a matter of seconds. The Wednesday release of the iPhone's upgraded operating system, iOS 18.2, extends Apple's expansion into AI months after rivals such as Samsung and Google began implanting the revolutionary technology on their devices. The update builds upon another one that came out in late October to usher in the AI era for Apple and the iPhone, as well as for the iPad and Mac. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.

NEW YORK — Two luxury real estate brokers and their brother have been charged with luring, drugging and violently raping dozens of women over more than a decade, according to a federal indictment unsealed Wednesday in Manhattan. State charges were also filed Wednesday in Florida against two of the brothers and a third man stemming from three alleged sexual assaults over the past decade. Federal prosecutors allege in the New York indictment that Oren and Tal Alexander, known for brokering deals on high-end properties in New York City and Miami, and sibling Alon Alexander used their wealth and influence to take advantage of victims from at least 2010 to 2021. “This conduct was heinous,” U.S. Attorney for the Southern District of New York Damian Williams said at a news conference in his Manhattan office. The brothers, who all reside in Miami, used “deception, fraud, and coercion” to entice victims to travel with them or attend parties or events in which they covered flights, hotels and other expenses, according to the indictment. They also at times used the promise of a romantic relationship, it said. The women were then drugged and raped by one or more of the brothers, as well as other men, the U.S. Attorney said. After the assaults, the brothers often gave their victims concert tickets and luxury items, Williams added. The brothers typically met their victims on dating apps, through social events and at bars and nightclubs, but they also used party promoters to “source” women, according to Williams. He added that the women were often provided drugs, including cocaine, psychedelic mushrooms and GHB. The brothers even surreptitiously drugged some of the women’s drinks, leaving them physically impaired and unable to fight back or escape from the sexual assaults, prosecutors said in their indictment. "In some instances, the defendants physically restrained and held down their victims during the rapes and sexual assaults and ignored screams and explicit requests to stop,'' the indictment said. In the Florida cases, state prosecutors described one incident in December 2016 as a “gang rape” of a woman who said she was invited to a barbecue at Alon Alexander’s Miami Beach apartment only to discover no one there, save Alon, his brother Oren and another man. The woman, who is not named, said she was led into a bedroom where the brothers argued over who would rape her first as she pleaded with them not to assault her, according to Miami-Dade State Attorney Katherine Fernandez Rundle. The second incident, in October 2017, involved a woman who said she was sexually assaulted by Oren Alexander at his apartment following a real estate event. The woman said she was given a glass of wine that made her feel weak and unable to control her body before she was attacked, according to prosecutors. They said the third incident happened in October 2021 and involved a woman who said she was assaulted by Oren Alexander after going out to dinner with him and then going back to his residence with some of her friends. Williams, the U.S. Attorney in New York, said the three brothers were arrested in Florida on Wednesday and will appear in Miami federal court before being brought to New York to answer to the charges. He declined to say if others also will be charged and urged any other possible victims to come forward as the investigation is ongoing. “They were not acting alone,” Williams said. A lawyer representing one of the brothers denied the charges, which include one count of engaging in a sex trafficking conspiracy for each sibling. "Oren Alexander is innocent," attorney Susan Necheles wrote in an email. “The evidence will show that neither he nor his brothers ever committed a crime.” Lawyers for the other brothers did not immediately respond to messages seeking comment. Tal Alexander, 38, and Oren Alexander, 37, first worked as a team under real estate giant Douglas Elliman, listing properties for Kim Kardashian and Kanye West, Liam Gallagher, and Lindsay Lohan. In 2022, they started a new company called Official. Meanwhile, Alon Alexander, who is Oren's twin brother, attended law school and joined the family business, private security firm Kent Security.Oportun Financial's global controller sells $11,877 in stockOsun unveils 16-day celebration for Adeleke’s second anniversary

ZURICH (AP) — Saudi Arabia scored a major win in its campaign to attract major sports events to the kingdom when it was formally on Wednesday. Still, many questions remain about the tournament as well as the 2030 World Cup, which will be co-hosted by Spain, Portugal and Morocco, with three games in South America. Here are some of the key issues that need to be answered over the next decade: Where will games be played? Saudi Arabia proposes 15 stadiums — eight still on paper — in five cities: Eight in the capital Riyadh, four in the Red Sea port city Jeddah, and one each in Abha, Al Khobar and Neom, the planned futuristic mega-project. Each would have at least 40,000 seats for World Cup games. The opening game and final are set for a 92,000-seat venue planned in Riyadh. Some designs are . In Neom, the stadium is planned 350 meters (yards) above street level and is designed to be atop a 200-meter cliff with a retractable wall of LED screens. Saudi Arabia aims to host all 104 games, though there has been speculation that some games could be played in neighboring or nearby countries. When will the World Cup be played? Surely not in the traditional World Cup period of June-July, when temperatures in Saudi Arabia routinely exceed 40 Celsius (104 degrees). FIFA moved the Qatar-hosted World Cup to November-December 2022, though those dates were not loved by most European clubs and leagues whose seasons were interrupted. Also, that slot is complicated in 2034 by the holy month of Ramadan through mid-December and Riyadh hosting the multi-sport Asian Games. January 2034 could be a possibility even though that would be just before the Winter Olympics in Salt Lake City. The it won’t be opposed to back-to-back major events. In an interview with The Associated Press on Wednesday, Saudi World Cup bid official Hammad Albalawi said the precise dates of the tournament are up the world soccer body. “That’s a decision by FIFA. We stand ready to be part of this conversation. But ultimately it’s a FIFA decision together with the confederations,” Albalawi said. Will stadiums be segregated for men and women? Giving more rights and freedoms to women in a traditionally conservative society is fundamental to Saudi messaging around the modernization program known as Vision 2030. The kingdom to let women attend sports events, initially in major cities and separate from men-only sections. By 2034, at the promised pace of social reforms, female fans should not be restricted. Saudi Arabia launched a women’s professional soccer league in 2022 with players joining from clubs in Europe. They face no restrictions playing in shorts and with hair uncovered. Will alcohol be allowed at the venues or hotels? The Saudi prohibition of alcohol is clear and understood before FIFA signs any sponsor deals for 2034. But will there be any exceptions? The alcohol issue was problematic for the World Cup in Qatar because the expectation was created that beer sales would be allowed at stadiums even before Qatar won its bid in 2010. One year later, FIFA extended a long-time deal to have Budweiser as the official World Cup beer through 2022. Qatar then backtracked on that promise three days before the first game, causing confusion and the sense of a promise broken. In Qatar, alcohol was served only at luxury suites at the stadiums. Visitors could also have a drink in some hotel bars. But Saudi Arabia has even stricter rules on alcohol — and there is no indication that will change. Albalawi noted that Saudi Arabia has successfully hosted dozens of sports events where alcohol wasn’t served. “We’re creating a safe and secure family environment for fans to bring their families into our stadiums,” he said. How will workers rights be protected? Saudi promises to reform and enforce labor laws, and fully respect migrant workers, have been accepted by FIFA but face and trade unions. A by the U.N.-backed International Labor Organization. Protecting the migrant workers needed to build stadiums and other tournament projects — a decade after it was a defining issue for Qatar — looms as a signature challenge for Saudi Arabia. Would Israel be allowed to play if it qualified for the 2034 World Cup? had been improving when FIFA all but gave the 2034 World Cup to the kingdom on Oct. 4 last year. Three days later Hamas attacked Israel and diplomacy got more complicated. Any soccer federation bidding to host a FIFA tournament accepts a basic principle that whichever team qualifies is welcome. That did not stop Indonesia putting up barriers last year to Israel coming for the men’s Under-20 World Cup. Indonesia does not have formal diplomatic relations with Israel which had qualified through a European tournament nine months before FIFA moved the entire tournament to Argentina and the Israeli team reached the semifinals. Israel played at the 1970 World Cup but has never advanced through qualifying in Europe, where it has been a member of UEFA for 30 years. Europe should have 16 places in the 48-team World Cup in Saudi Arabia. Where will the final of the 2030 World Cup be played? Most of the attention at the FIFA Congress on Wednesday was on the Saudi decision, but the soccer body and its members also formally approved the hosts of the 2030 World Cup — the most spread out and longest ever. One game each in Argentina, Paraguay and Uruguay, the original host in 1930, will be played from June 8-9. The tournament resumes four days later for the other 101 games shared between Spain, Portugal and Morocco. Six countries, three continents, multiple languages and currencies. Fans traveling on planes, trains, automobiles and boats across about 14 kilometers (10 miles) of water between Spain and Morocco. The final is due on July 21, 2030 and a decision on where it will be played could cause some tension between the host countries. Morocco wants it in the world’s biggest soccer venue — the planned 115,000-seat King Hassan II Stadium in Casablanca. Spain, meanwhile, has proposed to host the final in either of the remodeled home stadiums of club giants Real Madrid or Barcelona. ___ Associated Press writer Baraa Anwer in Riyadh, Saudi Arabia, contributed to this report. Graham Dunbar, The Associated Press

One of my oldest Apple products is the 2009 iPod touch 3. It’s already 15 years old, and for the past decade, it has been collecting dust in my home. Every now and then, I try to find a 30-pin connector and a USB-A power brick to charge it and see what’s inside. Unfortunately, a few years ago, I saw all my old photos and notes disappear due to issues with iCloud sync. Besides that, iMessage stopped working because it didn’t let me log into my account without 2FA support. Still, every time I turn on my old , I feel like taking a trip down memory lane. All the little sounds and perfect UI are things I definitely miss. , which was released back in May of 2012. (!!!), Apple added the Notification Center and the ability to see notifications from the lock screen, iMessage, Newsstand (eventually, Apple Books), built-in support for Twitter, and iCloud support—crazy times. Still, there are a few things I can take advantage of with my iPod touch if I’m patient enough. These are five features that are still available: Sign up for the most interesting tech & entertainment news out there. By signing up, I agree to the and have reviewed the With an old iPod touch, like mine, you can take advantage of other little features. You can create reminders, see the calendar, enjoy the old multitasking, try to open apps that no longer work with that device, and so on. Wrap up Turning my old iPod touch on is always great, as it makes me look back at how much technology evolved over the past decade. I remember the excitement of trying the iPod touch 3 for the first time, and today, it feels like every iPhone release is always kind of the same experience. Looking back, it isn’t an Apple device that old, but it reminds me of my teenage years when I used EarPods in school and felt like I was carrying the most technological and cool gadget available at the time. What’s your oldest Apple device that you like to turn on occasionally? Let me know at jose@bgr.com.Trump nominates Kash Patel to serve as FBI directorChinese tech giant Huawei , which is currently battling US sanctions, has set an ambitious target of hosting 100,000 applications on its Harmony operating system within the next year. The company's Chairman Xu Zhijun announced the target at a recent conference. He said that while more than 15,000 Harmony-based apps are already available for basic consumer needs, there is a need for more personalized and boutique apps. Harmony OS needs more apps to mature Xu stressed that hitting the 100,000 app mark is critical for Harmony's ecosystem to serve consumer needs completely. "Based on our analysis, for the Harmony ecosystem to be mature in meeting consumer needs, 100,000 apps is the milestone," he said. This highlights Huawei's urgency to build its own technologies, as tensions with the US over trade and technology issues continue to rise. Response to US sanctions Huawei launched its OS five years ago after US sanctions cut off its access to Google 's Android . The Shenzhen-based giant, which offers a wide range of products from smartphones to laptops, subsequently made an open-source version of the Harmony system. Xu admitted that these sanctions have made it imperative to develop their own OS at a faster pace. Huawei calls for widespread adoption of Harmony Xu appealed developers to contribute more apps and urged government agencies, state firms, and social organizations to adopt Harmony as their OS at work. He also asked consumers to be patient with the system's current limitations, saying increased usage will expedite its maturation. "The more people use it, the more quickly it will become mature," he said. Commitment to Harmony ecosystem development Huawei unveiled Harmony in August 2019, three months after the US imposed trade restrictions on it over alleged security concerns, which Huawei has consistently denied. Despite the challenges, Xu reaffirmed Huawei's commitment to developing the Harmony ecosystem. "No way back leads to victory," he said. "Huawei will unwaveringly invest in developing the Harmony ecosystem and strive to make the impossible possible."

US stock market indexes -- S&P 500, Dow Jones Industrial Average, and Nasdaq composite -- are likely to open in positive note on Monday. This comes after investors took assurance from data pointing to robust economic activity in the US. However, geopolitics will remain a key focused area in the final week of November as investors will closely follow the conflict between Ukraine and Russia, after Moscow lowered its threshold for a nuclear retaliation. Assembly Election Results Live Updates Maharashtra Election Results Jharkhand Election Results Bypoll Election Results Meanwhile, expectations on the Federal Reserve's policy move in December have recently swayed between a pause and a cut, as investors weighed the likely impact of Trump's plans on price pressures. There is a 59.6 per cent probability the central bank will lower borrowing costs by 25 basis points, as per the CME Group's FedWatch Tool. Also Read : Is the Wolfs sequel starring George Clooney and Brad Pitt cancelled? "I’ve been looking for this leadership change to go from technology to everything else. I think we may be in the midst of that shift. Small caps are acting much better, values are acting better," said Mark Hackett, Chief of Investment Research at Nationwide. 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Wall Street closed higher on Friday, with all three major indexes posting weekly gains. On Friday, S&P 500 rose 20.63 points, or 0.3 per cent, to 5,969.34. Dow Jones Industrial Average rose 426.16 points, or 1 per cent, to 44,296.51. Nasdaq composite rose 31.23 points, or 0.2 per cent, to 19,003.65. Also Read: Pic of Big Mac: Are Melania Trump and RFK Jr. ganging up to improve Donald Trump's diet? Here's what a source says The domestically focused small-cap Russell 2000 index rose and outperformed large-cap indexes. The index hit its highest in more than a week and was set for weekly advances. Russell 2000 index of smaller companies rose 42.65 points, or 1.8 per cent, to 2,406.67. FAQs Q1. Which are main indexes of US stock market? A1. US stock market indexes are S&P 500, Dow Jones Industrial Average, and Nasdaq composite. Q2. When is Federal Reserve's policy expected? A2. Federal Reserve's policy move in December. Assembly Election Results Live Updates Maharashtra Poll Results Highlights 2024 Jharkhand Poll Results Highlights 2024 (You can now subscribe to our Economic Times WhatsApp channel )Nasdaq surges above 20,000 after US inflation data matches estimates

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