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Ex-Democratic Fundraiser Claims Party Is A 'Cult' And 'Treated Her Poorly'Lakers’ LeBron James, Warriors’ Stephen Curry adding another chapter to rivalry on Christmas DayPre-Money Valuation of JPY9 Billion is Approximately Multiples of Current Parent Company Market Capitalization. Strategic Investors Further Validation of Technology and Growth Potential. Further Commercialization with Recent 25,000 Unit Order from B2B Sales Channel. TOKYO, Dec. 13, 2024 (GLOBE NEWSWIRE) -- MEDIROM Healthcare Technologies Inc. (NASDAQ: MRM) announces that its subsidiary MEDIROM MOTHER Labs Inc. raised to date an aggregate total of 260.3 million yen (approximtaely USD $ [1.7] million calculated at an exchange rate of JPY[153.64] to US$1) at a pre-money equity valuation of JPY9 billion (approximately USD $ [58.6] million calculated at an exchange rate of JPY[153.64] to US$1) in its Series A equity financing. NFES Technologies Inc. is the lead investor in the financing round, and several public companies in Japan, including M3, Inc. (TOKYO PRIME: 2413) and Elematec Corporation (TOKYO PRIME: 2715), as well as certain individual investors are also participating. The Series A equity financing round is still ongoing. MEDIROM MOTHER Labs has closed financings with six investors to date and intends to conclude the financing round by December 31, 2024. “We are very excited that our MEDIROM MOTHER Labs subsidiary has received such significant validation from strategic partners as our lead investor NFES Technologies Inc. as well as M3,Inc and Elematec Corporation. The pre money valuation of 9 billion yen is approximately multiples of MEDIROM’s current NASDAQ listing market capitalization which I believe further validates our technology, business model and growth potential.” said Kouji. The MOTHER Bracelet ® is currently in commercialization. From July 1, 2024 through October 31, 2024, MEDIROM MOTHER Labs received purchase orders for an aggregate of over 25,000 units from its B2B sales channel. “We believe the MOTHER Bracelet ® to be the world’s first fitness tracker that requires no electric charging by utilizing an innovative technology that enables the user’s body heat to generate electricity. We co-developed it with Matrix Industries, based in Silicon Valley and believe its features are cutting-edge technology with rich features and ease of use to track fitness levels, sleep patterns, pulse and body temperature We will continue to target markets such as hospitals, nursing homes and gyms, where such data is vital,” said Yoshio Uekusa, CEO of MEDIROM MOTHER Labs. ABOUT MEDIROM MOTHER Labs Inc. A subsidiary of MEDIROM Healthcare Technologies Inc. (NASDAQ: MRM) (“MEDIROM”), MEDIROM Mother Labs Inc. focuses on the health-tech sector. The company’s core activities include the "Specific Health Guidance Program" offered through the "Lav" health application and development and sales of the 24/7 recharge-free MOTHER Bracelet ®︎ smart tracker. By leveraging the features of the recharge-free MOTHER Bracelet ®︎ , MOTHER Labs offers customizable health management solutions across diverse sectors, including caregiving, logistics, manufacturing, and similar industries. Forward-Looking Statements Regarding MEDIROM and MOTHER Labs Certain statements in this press release are forward-looking statements for purposes of the safe harbor provisions under the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements may include estimates or expectations about MEDIROM’s possible or assumed operational results, financial condition, business strategies and plans, market opportunities, competitive position, industry environment, and potential growth opportunities. In some cases, forward-looking statements can be identified by terms such as “may,” “will,” “should,” “design,” “target,” “aim,” “hope,” “expect,” “could,” “intend,” “plan,” “anticipate,” “estimate,” “believe,” “continue,” “predict,” “project,” “potential,” “goal,” or other words that convey the uncertainty of future events or outcomes. These statements relate to future events or to MEDIROM’s future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause MEDIROM’s actual results, levels of activity, performance, or achievements to be different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements because they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond MEDIROM’s control and which could, and likely will, affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects MEDIROM’s current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to MEDIROM’s operations, results of operations, growth strategy and liquidity. Some of the factors that could cause actual results to differ materially from those expressed or implied by the forward-looking statements in this press release include: MEDIROM’s ability to achieve its development goals for its business and execute and evolve its growth strategies, priorities and initiatives; MEDIROM Mother Labs’s ability to close its Series A equity financing on the anticipated timeline or at all; MEDIROM’s ability to collaborate in the anticipated manner; changes in Japanese and global economic conditions and financial markets, including their effects on MEDIROM’s expansion in Japan and certain overseas markets; MEDIROM’s ability to increase sales of the MOTHER Bracelet and achieve and sustain profitability in its Digital Preventative Healthcare Segment; the fluctuation of foreign exchange rates, which affects MEDIROM’s expenses and liabilities payable in foreign currencies; MEDIROM’s ability to maintain and enhance the value of its brands and to enforce and maintain its trademarks and protect its other intellectual property; MEDIROM’s ability to raise additional capital on acceptable terms or at all; MEDIROM’s level of indebtedness and potential restrictions on MEDIROM under MEDIROM’s debt instruments; changes in consumer preferences and MEDIROM’s competitive environment; MEDIROM’s ability to respond to natural disasters, such as earthquakes and tsunamis, and to global pandemics, such as COVID-19; and the regulatory environment in which MEDIROM operates. More information on these risks and other potential factors that could affect MEDIROM’s business, reputation, results of operations, financial condition, and stock price is included in MEDIROM’s filings with the Securities and Exchange Commission (the “SEC”), including in the “Risk Factors” and “Operating and Financial Review and Prospects” sections of MEDIROM’s most recently filed periodic report on Form 20-F and subsequent filings, which are available on the SEC website at www.sec.gov. MEDIROM assumes no obligation to update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ from those anticipated in these forward-looking statements, even if new information becomes available in the future. MEDIROM Healthcare Technologies Inc. NASDAQ Symbol: MRM Tradepia Odaiba, 2-3-1 Daiba, Minato-ku, Tokyo, Japan Web https://medirom.co.jp/en Contact: ir@medirom.co.jp MEDIROM MOTHER Labs Inc. Tradepia Odaiba, 2-3-1 Daiba, Minato-ku, Tokyo, Japan For more information visit: https://mother-bracelet.com
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Women will for the first time make up a majority of state legislators in Colorado and New Mexico next year, but at least 13 states saw losses in female representation after the November election, according to a count released Thursday by the Rutgers Center for American Women and Politics. While women will fill a record number of state legislative seats in 2025, the overall uptick will be slight, filling about a third of legislative seats. Races in some states are still being called. “We certainly would like to see a faster rate of change and more significant increases in each election cycle to get us to a place where parity in state legislatures is less novel and more normal,” said Kelly Dittmar, director of research at the CAWP, which is a unit of the Eagleton Institute of Politics at Rutgers University. As of Wednesday, at least 2,450 women will serve in state legislatures, representing 33.2% of the seats nationwide. The previous record was set in 2024 with 2,431 women, according to the CAWP. The number of Republican women, at least 851, will break the previous record of 815 state lawmakers set in 2024. “But still, Republican women are very underrepresented compared to Democratic women,” Debbie Walsh, director of the CAWP, said. By the most recent count, 19 states will have increased the number of women in their state legislatures, according to the CAWP. The most notable increases were in New Mexico and Colorado, where women will for the first time make up a majority of lawmakers. In New Mexico, voters sent an 11 additional women to the chambers. Colorado had previously attained gender parity in 2023 and is set to tip over to a slight female majority in the upcoming year. The states follow Nevada , which was the first in the country to see a female majority in the legislature following elections in 2018. Next year, women will make up almost 62% of state lawmakers in Nevada, far exceeding parity. Women in California’s Senate will make up the chamber’s majority for the first time in 2025 as well. Women also made notable gains in South Dakota, increasing its total number by at least nine. At least 13 states emerged from the election with fewer female lawmakers than before, with the most significant loss occurring in South Carolina. Earlier this year, the only three Republican women in the South Carolina Senate lost their primaries after they stopped a total abortion ban from passing. Next year, only two women, who are Democrats, will be in the 46-member Senate. No other state in the country will have fewer women in its upper chamber, according to the CAWP. Women make up 55% of the state’s registered voters. Half the members in the GOP dominated state were elected in 2012 or before, so it will likely be the 2040s before any Republican woman elected in the future can rise to leadership or a committee chairmanship in the chamber, which doles out leadership positions based on seniority. A net loss of five women in the legislature means they will make up only about 13% of South Carolina's lawmakers, making the state the second lowest in the country for female representation. Only West Virginia has a smaller proportion of women in the legislature. West Virginia stands to lose one more women from its legislative ranks, furthering its representation problem in the legislature where women will make up just 11% of lawmakers. Many women, lawmakers, and experts say that women's voices are needed in discussions on policy—especially at a time when state government is at its most powerful in decades. Walsh, director of the CAWP, said the new changes expected from the Trump administration will turn even more policy and regulation to the states. The experiences and perspectives women offer will be increasingly needed, she said, especially on topics related to reproductive rights, healthcare, education, and childcare . RELATED STORY: 'Pro-family' GOP speaker doesn't want new moms to vote in Congress “The states may have to pick up where the federal government may, in fact, be walking away,” Walsh said. “And so who serves in those institutions is more important now than ever.”The widow of murder victim Chaimet Sitsanitphong, who had been eyed by Pheu Thai to run in Prachin Buri's Provincial Administrative Organisation (PAO) election, now wants to pull out of the race following her husband's death, according to former prime minister Thaksin Shinawatra. Chaimet, 48, a former provincial council member widely known as "Sor Jor Tong", was found dead with several gunshot wounds on Wednesday at the house of Soonthorn Vilawan, the 85-year-old president of the Prachin Buri PAO. Mr Soonthorn was arrested along with six aides in connection with the shooting, which was believed to be linked to a political dispute. A 9mm pistol and a shotgun were seized at the scene. According to Thaksin, the victim had wanted his wife, Napapat Anchasanichamon, to run in the PAO chief election under the Pheu Thai Party's banner and the party had agreed to support her. Thaksin said the party would now have to find a new candidate after Ms Napapat expressed her desire to withdraw, likely out of fear of further violence. He called on police to curb violence linked to influential figures in the province, adding that Prime Minister Paetongtarn Shinawatra was considering setting up a task force to stamp out such influence. "She is thinking about forming one and will oversee it herself," Thaksin said. According to local political sources, Chaimet, a Thai boxing promoter, was considered the right-hand man of Mr Soonthorn, whose family has dominated Prachin Buri politics for decades. Assistant police chief Pol Lt Gen Akkaradech Pimolsri, who was assigned to oversee the case, said police have gathered forensic evidence. He said that initial questioning revealed the victim, who was unarmed, entered the house alone while his aides waited outside. Although no security camera footage was available, other pieces of evidence could be used to substantiate the charges, he added. The seven suspects were initially charged with colluding in murder and violating the weapons law. The police have asked the court to issue a detention order and oppose bail because the suspects could interfere with the investigation. The sources said that two of the suspects admitted to shooting Chaimet following a heated argument.
Tottenham return to Southampton on Sunday for the first time since Antonio Conte’s explosive post-match rant, but current boss Ange Postecoglou has not lost any of his determination to succeed at the club. Conte’s last public act as Spurs head coach after a 3-3 draw at St Mary’s in 2023 was to launch a furious tirade against his own “selfish” players who he claimed “don’t want to play under pressure” before he seemed to turn on the board as he questioned the club’s ongoing trophy drought. Eight days later Conte had left Tottenham by mutual consent after a whirlwind 16-month period, with Postecoglou his eventual permanent successor. Postecoglou has been in charge of the Premier League club for two months longer than the Italian, but managed 12 fewer matches and is currently in the middle of an injury crisis which has resulted in a drop in form, with Spurs only able to claim one victory from their last eight fixtures. However, when Postecoglou was asked if he would jump ship in the wake of making remarks like Conte did in March, 2023, he said: “Look, I don’t think it’s fair to comment. “Antonio is a world-class manager and has his own way of doing things, his own reasons for doing that. “I am here, I am in for the fight. I am in a fight, for sure. For better or worse I am not going anywhere at the moment because everything is still in my power and my responsibility. “I still have a real desire to get us through this stage so that people see what is on the other side. My resolve and determination hasn’t wavered one little bit. “I love a fight, I love a scrap, I love being in the middle of a storm when everyone doubts because I know what it is on the other side if you get through it. My job is to get through it.” “I was on Planet Earth at that time, and yes I was well aware of it,” Postecoglou smiled. “I think you know when a manager gets to that point that there’s obviously some underlying issues. “I think most of the time when managers do that they’re trying to get a reaction, trying to get some sort of impact on the team. “In difficult moments, what you want from your leaders is action rather than inaction of just letting things drift along. He did it to try and get a positive impact on the group, one way or another. We’ve all been in that situation as a manager where you feel this is time to send a message.” Postecoglou sent out his own message on Thursday after a 1-1 draw away to Rangers when he insisted Timo Werner’s display “wasn’t acceptable” at Ibrox. A day later Postecoglou explained how with Spurs missing several key first-teamers, the onus is on their fit senior players to deliver a level of application and commitment – and admitted Werner will be required at St Mary’s on Sunday. “I’ve got no choice. Who else am I going to play? I’m pulling kids out of school, I literally am,” Postecoglou mentioned in reference to 16-year-old duo Malachi Hardy and Luca Williams-Barnett, who have recently made the bench. “That was the reasoning for me pointing it out last night. We need Timo. We need all of them. “In normal times if you have a poor game, there’s a price to pay. It doesn’t exist right now. We need everybody we’ve got.”
NINGDE, China , Dec. 24, 2024 /PRNewswire/ -- On December 24th, CATL officially launched the CATL Bedrock Chassis, the world's first ultra-safe skateboard chassis. With its outstanding performance of withstanding 120 km/h frontal impact without catching fire or exploding, CATL's Bedrock Chassis sets a new standard for intelligent chassis safety, providing comprehensive protection across all scenarios and speed ranges. Lead the industry with the most stringent safety tests With the battery-centered design, CATL's Bedrock Chassis utilizes Cell-to-Chassis integration technology, which directly integrates the battery cells into the chassis, allowing for a shared structural design between them. And based on the decoupling of the chassis from the upper body, the Bedrock Chassis is capable of absorbing 85% of the vehicle's collision energy (compared to around 60% absorbed by traditional chassis). Through various technological breakthroughs, the Bedrock Chassis successfully passed the world's first "highest speed + strongest impact" dual extreme safety test. This achievement enables the chassis to pass the 120 km/h frontal central pole impact test without catching fire, exploding or thermal runway, redefining the benchmark for safety in the industry. Currently, the speed for frontal impact safety test in the commonly used C-NCAP (China New Car Assessment Program) is 56km/h, which, when experiencing a frontal impact at this speed, generates collision energy equivalent to falling from 12-meter-high building. In comparison, a frontal impact at 120km/h is equivalent to falling from a 56-meter-high building, generating a collision energy 4.6 times that of collision at 56km/h. In more stringent frontal pole crash tests, which simulate crashes with non-standard objects such as power poles, large trees, or animals, the impact area is only 1/6 of that in a full-width frontal impact, exponentially increasing impact pressure. At a speed of 120km/h, the impact pressure on the chassis per unit area in a frontal central pole impact is 21 times that of the 56 km/h full-width frontal impact in C-NCAP testing. Due to the extremely high crash speed and intensity, there has been no previous instance of any new energy vehicle daring to challenge a 120km/h frontal pole impact test. With this extreme challenge, CATL's Bedrock Chassis has blazed a fresh trail for the industry. Open the era of ultra-safe transportation through three technological breakthroughs CATL's Bedrock Chassis has delved deep into the realm of structure and material innovation, leveraging three technological breakthroughs to provide unparalleled protection in all scenarios and speed ranges, ensuring rock-solid safety for the entire vehicle. The CATL Bedrock Chassis introduces a revolutionary three-dimensional biomimetic tortoise shell structure, where the body and energy unit framework are integrated, deeply coupled to provide the energy unit with indestructible protection. And its aircraft carrier-grade arresting structure disperses impact forces across multiple pathways during a crash, gradually decelerating the vehicle and significantly reducing the depth and speed at which obstacles intrude the cabin. The utilization of submarine-grade hot-formed steel with a strength of 2000MPa, aerospace-grade aluminum alloy with a strength of 600MPa, and multiple barrier structures further enhance the chassis' rigidity, making it virtually impervious. Moreover, the CATL Bedrock Chassis incorporates an ultra-safe battery cell design, NP technology, and a high-ductility energy-absorbing insulation film, leading the industry in a groundbreaking manner. In terms of high-voltage disconnection, it achieves instantaneous disconnection of high voltage circuit within 0.01 seconds of impact and completes the discharge of residual high-voltage energy in the vehicle within 0.2 seconds, setting a new industry record. Notably, the battery cells have undergone highly demanding tests, including high-speed sled impact tests at 60 km/h, 90-degree bending tests, and breakthrough sawing tests, the battery did not catch fire or explode across all three tests. These tests, all industry-firsts by CATL, have elevated the safety standards of battery cells to new heights. Unlocking the era of customization, and activating a trillion-yuan market The launch of the Bedrock Chassis not only redefines the standard for intelligent chassis safety but also activates a trillion-yuan market. It greatly accelerates the shift towards modular, personalized, and intelligent automotive design. Addressing the common pain points of high investment, long development cycles, and accelerated product iteration in the industry, the Bedrock Chassis incorporates three core characteristics: internal integration, decoupling of the chassis from the upper body, and external openness. With a rich array of toolkits and solution packages, it offers a scalable software and hardware architecture and standardized interfaces, enabling flexible configurations for different vehicle models and scenarios. This allows the realization of a "one chassis architecture, multiple vehicle models" concept and significantly improves development efficiency and shortens the R&D cycle. The time required for mass production of a vehicle is reduced from the traditional 36 months or longer to 12 to 18 months. Furthermore, the Bedrock Chassis breaks the limits of safety and modeling, and expands design flexibility through the design of decoupling of the chassis from the upper body. The fourth-generation Cell-to-Chassis (CTC) technology and inverted battery cell technology enhance the utilization of chassis space while reducing the risk of chassis scraping. Additionally, in terms of intelligence, the chassis supports mechanical decoupling, software decoupling and EE decoupling, enabling L3 to L4 intelligent driving capabilities. It provides high adaptability interfaces and promotes collaborative intelligent applications. At the launch ceremony, AVATR, the first automaker to use Bedrock Chassis, and CAIT-SH, CATL's skateboard chassis arm, signed an agreement to deepen cooperation on CATL's Bedrock Chassis to create a safer, higher-quality travel experience for users. Safety is a never-ending journey. In the future, CATL will continue to break technological barriers through continuous innovation, and work with partners to build a safe ecosystem for EV batteries and vehicles, safeguarding the safety of users. View original content to download multimedia: https://www.prnewswire.com/news-releases/catl-launches-the-bedrock-chassis-that-withstands-120-kmh-impact-without-catching-fire-or-exploding-302338927.html SOURCE Contemporary Amperex Technology Co., Limited (CATL)
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Rocket lands near Tel Aviv after Israel strikes BeirutThese days, many tech enthusiasts and market watchers recognize Elon Musk and Sam Altman as rivals. But it wasn’t always that way. The two founded OpenAI in 2015 with a shared vision of advancing artificial intelligence. But by 2018, it became clear that the two tech visionaries had different ideas about what that would look like (but that’s another story for another day). So, Elon Musk left OpenAI. And a few years later – in 2022 – ChatGPT-4 debuted and kickstarted the AI Boom. Not to be outdone, Musk founded his own AI startup in 2023: xAI. And since then, the world’s richest man has been working furiously to catch up in the AI race. One way he’s been doing this is through Colossus, the world’s largest supercomputer. Located in Memphis, Tennessee, it currently has 100,000 graphics processing units (GPUs) and was built within 122 days. For this kind of project, it would typically take months or years to build. If that weren’t enough, last Wednesday, December 4, we learned that Colossus is about to get a LOT bigger. The Greater Memphis Chamber announced that xAI will begin expanding its supercomputer to hold at least 1 million GPUs. The GPUs are used to train xAI’s chatbot, Grok which was the first product to come out of the startup. Two AI companies are key in this expansion: NVIDIA Corporation (NVDA) and Super Micro Computer, Inc. (SMCI). The former supplies Colossus with its GPUs, and the latter, along with Dell Technologies Inc. (DELL), assembled the supercomputer’s server racks. These are, essentially, a specialized cabinet used to organize multiple servers in a data center. The three tech giants will also establish operations in Memphis to support the buildout. Now, NVIDIA and Super Micro have been under Wall Street’s microscope lately as recent pressure continues to mount. So, in today’s Market 360, I want to talk about the ramifications of this announcement on the AI Boom. I’ll also briefly address the reasons behind NVIDIA’s and Super Micro’s pullbacks this week, and whether investors can feel confident in these names moving forward. NVIDIA Gets Accused of Being a Monopoly Let’s talk about the latest news regarding NVIDIA. You probably noticed that the stock fell 5% earlier this week and is down roughly 5.7% for the week overall. There is one reason why: China accused it of being a monopoly and is opening an investigation into the company. Well, my comment is this: Of course, it’s a monopoly – that’s why I own it! As I mentioned in last Saturday’s Market 360 , I believe NVIDIA is the stock of the decade because of its monopolistic characteristics. In other words, it is so dominant that there are virtually no competitors. The reality is China is very frustrated with the Biden administration as it has restricted the type of chips that NVIDIA can sell to China. At one time, NVIDIA modified its chips to shrink the bus width, which is the rate of data transfer, and shipped those chips to China. But that wasn’t enough for the Biden administration, and NVIDIA had to modify the chips further. These technology curbs and uncertainty about the types of technology restrictions the incoming Trump administration could implement has China lashing out. But I don’t want you to worry. NVIDIA’s fundamentals have not changed. All that happened was that the trading algorithms of major institutions and hedge funds saw negative news and hit the stock. Super Micro Gets a Key Extension You may recall that Super Micro Computer found itself in hot water earlier this year when Hindenberg Research, an unscrupulous short seller, issued a report claiming that Super Micro committed accounting violations based on the story of a disgruntled former employee. After an independent review, no evidence of accounting fraud was found. Shares of Super Micro surged 30% in one day following the news. Then, on Friday, December 6, the NASDAQ granted Super Micro’s request for an extension to allow more time to submit its 10-K and 10-Q filings, along with any other required reports. Super Micro now has until February 25, 2025, to file all required reports to remain listed on the NASDAQ. This triggered another 7% pop in the stock. In recent comments, CEO Charles Liang said that he is confident the company will meet the deadline. That didn’t stop investors from taking profits, though, and the stock was down about 10% this week. The bottom line is that Super Micro continues to dominate liquid-cooled AI chips in data centers, which are becoming faster and faster all the time. So, the company’s solutions remain in hot demand. Super Micro Computer even revealed recently that it shipped a record 100,000 GPUs in the most recent quarter. What’s more, an article in Investor’s Business Daily recently pointed out that Super Micro Computer’s customers are sticking with the company. In other words, the company’s massive order backlog persists – and the company is on track to ramp up production at its new plant in Malaysia in the first half of 2025. It’s also important to remember that this has always been a very volatile stock. So, while the stock was down this week, it has gone up 65% over the last month. Your Next Stock-Picking Tool to Have in Your Arsenal From what I can see, the AI Boom isn’t slowing down any time soon. It is in full force and will stay that way for the foreseeable future. This latest news from xAI is proof of that. Planning to make what is already the world’s largest supercomputer 10 times more powerful just speaks to the magnitude of the arms race taking place between not only xAI and OpenAI, but dozens of other well-funded AI unicorn startups – not to mention Big Tech. And as long as this enormous arms race continues, that’s fantastic news for the likes of NVIDIA and Super Micro. So, folks, there’s nothing to worry about with NVIDIA and Super Micro. Now, I’ve been able to find companies with superior fundamentals like NVIDIA and Super Micro thanks to my proprietary Stock Grader tool. I’ve seen my fair share of stock-picking tools in my 40-plus years in the business. But when I saw the system that my friend and InvestorPlace colleague Luke Lango created, I was impressed. It’s called Auspex . Every month, it analyzes stocks that have strong fundamental, technical and sentimental factors. Based on the analysis, Luke will let you know which stocks are the best to buy and which ones to sell. It couldn’t be any easier. But I’m a numbers guy, so I wanted to see how it performed against the broader market. Thankfully, Luke and his team did thorough backtesting between September 2019 to September 2024. If rebalanced monthly, Auspex would have returned 1,054%. In comparison, the S&P 500 only had 109% in returns. That’s really impressive. This past Wednesday, Luke shared more about how his Auspex tool works in The Auspex Anomaly Event . This replay will only be available for the next few days, so you don’t want to miss it! Click here now to watch the replay of The Auspex Anomaly Event . Sincerely, Louis Navellier Editor, Market360 The Editor hereby discloses that as of the date of this email, the Editor, directly or indirectly, owns the following securities that are the subject of the commentary, analysis, opinions, advice, or recommendations in, or which are otherwise mentioned in, the essay set forth below: NVIDIA Corporation ( NVDA ) and Super Micro Computer, Inc. (SMCI)Did you know with a Digital Subscription to Lancashire Evening Post, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Residents and businesses in the areas which would be impacted, such as St Annes, Wrea Green and Kirhham, have long been campaigning against the proposals. They set up the protest group, ‘Against the Wind Farm Onshore Cable and Substation Plans across the Fylde’ to raise awareness and challenge the plans, fearing the scheme would scar the land and cause extreme disruption to homes and livelihoods. Now Fylde Council has added its voice to those concerns. Advertisement Advertisement It comes in a week in which the Planning Inspectorate announced it has accepted an application for a Development Consent Order (DCO) to connect two planned wind farms in the Irish Sea to the national grid at the Penwortham Substation. The proposed development involves undersea cables landing near Blackpool Airport and running underground to two substations between Kirkham and Newton, before continuing underground and beneath the River Ribble to Penwortham. The scheme will now go to the next stage of the planning process. Fylde Council made representations to the Planning Inspectorate expressing concern that the pre-application consultation was inadequate as it did not appear to include notification of all interested parties. Advertisement Advertisement The council also raised concerns that the level of detail available at the consultation stage was not sufficiently detailed to allow affected communities and other key stakeholders to make meaningful comments. Leader of Fylde Council, Councillor Karen Buckley, said: “Our submission to the Planning Inspectorate was a clear request to decline to accept the application to progress to the next stage. “Instead, we asked that the proposals be refined and further consultations take place with the local community, statutory consultees and stakeholders. “This would have allowed the applicants to further consider appropriate alternative routing for the proposed connections to the national grid which would have a lesser environmental impact, be less costly to implement and even provide an opportunity for more economic growth, such as the nearby site at Hillside Technology Enterprise Zone which is close to a grid connection at Stanah. Advertisement Advertisement “The fact that this opportunity has been missed demonstrates a blinkered approach that ignores the local geography of Fylde and risks the implementation of a scheme that threatens homes and local livelihoods that support our community. ” Deputy Leader of Fylde Council and Chair of the Planning Committee Councillor Richard Redcliffe added: “We are extremely disappointed that the Planning Inspectorate has decided to accept the application despite the view of the local council that the consultation exercise carried out prior to the submission of the application was flawed. “The report outlining the reasons for the application being accepted has not yet been published and we intend to carefully review the Planning Inspectorate’s reasoning for accepting the application. “Fylde Council will continue to make representations to the proposal at the next stages of the procedure and would encourage residents who may be directly or indirectly impacted by the development to register with the Inspectorate so that they remain informed of the process and to make their views known to the Inspectorate.” Advertisement Advertisement Coun Redciffe said that whilst Fylde Council is committed to providing for renewable energy and the infrastructure that supports it, this must be balanced against the potential impacts on the environment and local communities. Fylde Council objected to the proposed connection for a number of reasons including the potential impact of the project on agricultural land, the visual impact of the extremely large substations that would be required and the widespread disturbance that would be created during the construction phase. The scheme is known as the Morgan and Morecambe Offshore Wind Farms: Transmission Assets project. The Morgan element of the scheme is to be developed under a joint venture between bp and EnBW Energie Baden-Wurttemberg AG. Advertisement Advertisement The Morecambe side is under a joint venture between Cobra and Flotation Energy. BP says both projects have the combined potential to generate up to 2GW. A spokesman previously stated: “Having an open dialogue with communities is critical as the project progresses to refine its proposals and we greatly value the feedback from local residents and stakeholders.”
Apollomics Regains Compliance with Nasdaq’s Minimum Bid Price Requirement
For more than a decade, the United States has sought to keep out of Syria's political debacle, seeing no viable partner. Islamist rebels' toppling of strongman Bashar al-Assad has forced a change of tune -- and a debate over just what US interests are. Donald Trump, who returns to the White House in little more than a month, on the eve of Assad's fall called Syria "a mess" and stated in his plain-speaking style that the United States should not be involved. Joe Biden's administration, after putting Syria on the backburner in a turbulent region, has offered a tacit rebuttal by stating that clear US interests are at stake -- including preventing Syria from fragmenting and avoiding a resurgence of the Islamic State extremist group. Steven Cook, a senior fellow at the Council on Foreign Relations, said Trump's and Biden's statements could be combined and "together they make a kind of decent policy." The United States needs to address real concerns about the Islamic State group and Al-Qaeda but "as far as getting involved in arranging the politics of Syria, I think that no good can come from it," Cook said. Since the presidency of Barack Obama, the United States has walked a fine line on Syria that critics often derided as a non-policy. The United States questioned the legitimacy of Assad, demanding accountability for brutality in one of the 21st century's deadliest wars, but stopped short of prioritizing his departure due to suspicions about the main rebels. The Islamist movement Hayat Tahrir al-Sham (HTS), which has now led Assad's ouster, traces its roots to Syria's Al-Qaeda branch and is considered a terrorist organization by the United States. Since Obama's time, the United States instead has allied itself in Syria with a smaller fighting force of the Kurdish minority -- over strenuous objections of neighboring Turkey, which backs HTS -- with a narrow mission to counter the Islamic State group. Some 900 US troops remain in Syria. Assad fell in a lighting surprise offensive as his protector Russia is bogged down in its invasion of Ukraine and after Israel's military heavily degraded Assad's other key supporters -- Iran and Lebanese militia Hezbollah. Robert Ford, the last US ambassador to Syria, helped spearhead the terrorist designation of HTS in 2012 but said that the group since then has not attacked US or Western targets and has instead fought Al-Qaeda and Islamic State forces. Ford also pointed with hope to post-victory statements by rebel chief Abu Mohammed al-Jolani, including welcoming international monitoring of any chemical weapons that are discovered. "Can you imagine Osama bin Laden saying that?" said Ford, now a senior fellow at the Middle East Institute. "I'm not saying 'trust Jolani.' He's obviously authoritarian. He's obviously an Islamist who doesn't believe that Christians have an equal right to power as Muslims. But I sure as hell want to test him on some of these things," Ford said. He said that the United States should encourage HTS, as well as other Syrian actors, to reach out and reassure the country's diverse communities including Christians, Kurds and Alawites -- the sect of the secular-oriented Assad. Beyond that, Washington should take a back-seat and let Syrians sort out their future, he said. "We should learn from the experience in Iraq that trying to impose exiles on a population traumatized by a brutal dictatorship and war is not a recipe for success," Ford said. Outgoing Secretary of State Antony Blinken on Tuesday offered US recognition to a future government that is "credible, inclusive and non-sectarian." Trump in his first term, at the urging of Turkish President Recep Tayyip Erdogan, abruptly said he would pull troops out of Syria. He backtracked after intense criticism at home and appeals from French President Emmanuel Macron, who pointed to the risk of Islamic State filling the vacuum. Trump has not indicated how he would change Syria policy this time. But he has shown no reluctance in the past to negotiate with foreign adversaries on the US blacklist, from Afghanistan's Taliban to North Korean leader Kim Jong Un. State Department spokesman Matthew Miller said there was no legal restriction on US contact with designated terrorists, although he indicated there was no direct dialogue with HTS. Natasha Hall, a senior fellow at the Center for Strategic and International Studies, said Syria could face "devastating economic and humanitarian consequences" unless the United States reconsiders the terrorist designation of HTS, which impedes aid groups. "That said," she said, "if there isn't sort of an established framework for negotiations and good behavior now, before that designation is lifted, that could potentially also be a major mistake down the line for Syria's future." sct/smsAssad exit puts US at perilous crossroads in Syria
Ange Postecoglou fights on as Tottenham return to scene of Antonio Conte rantThe NSW government will "throw everything" behind an investigation into an antisemitic incident overnight as Australia's peak Jewish body urges the prime minister to ramp up efforts to tackle what it says is a crisis. Emergency services responded to reports of a vehicle on fire in Woollahra in Sydney's east at around 1am on Wednesday, with Fire and Rescue NSW extinguishing the blaze. That vehicle and another, as well as two buildings and a footpath, were graffitied. The graffiti on one of the buildings said 'Kill Israiel' (sic). It's the second attack in the same suburb within weeks. 10/12/2024 04:22 Play 'Attempts to divide our city' Prime Minister Anthony Albanese and NSW Premier Chris Minns were among those who condemned the attack, labelling it an antisemitic incident. Minns said attempts to divide Sydney "won't work" and the offenders would face "the full force of the law". He said it was "a violent act of destruction, clearly antisemitic, designed to strike fear into the community that lives in this part of Sydney". Police are searching for two people believed to have been in the area at the time. The perpetrators are believed to be two people of slim build, aged between 15 and 20 years, wearing face coverings and dark clothing. Source: AAP / Mick Tsikas Albanese wrote on social media that there was "no place for antisemitism in our community". He told ABC radio the vandalism was "an attack on people because they happen to be Jewish", calling it a "hate crime". The incident has been escalated to the Australian Federal Police, who Albanese announced had established an antisemitism taskforce earlier this week. NSW police commissioner Karen Webb said a "full police response is underway" and that police are conducting an "extensive investigation". Earlier, NSW Police and Counter-Terrorism Minister Yasmin Catley pledged the state government would "throw everything we can" behind the investigation. "We condemn, in the strongest possible terms, acts of hatred and violence directed at our Jewish community," Catley said in a statement. "There is no place for hatred or antisemitism in our society. Every person has the right to feel safe in their own city, their homes, and their places of worship." Source: AAP / Mick Tsikas 'Antisemitism crisis' The incident comes after the Adass Israel Synagogue at Ripponlea in Melbourne's south-east was set alight in a pre-dawn attack on Friday while a number of people were inside. Police are treating it as a "likely" act of terrorism. Speaking outside the synagogue on Wednesday, Executive Council of Australian Jewry co-chief executive Alex Ryvchin said the vandalism in Woollahra was designed to terrorise Jewish Australians. "The Jewish community again wakes to scenes of terror and devastation," he said. "How long will this continue, and with what horrors will it end?" Source: AAP / Joel Carrett Ryvchin said after the attack on the synagogue, his organisation has "appealed to the prime minister with urgent requests" to address what he called an antisemitism crisis. Albanese visited the synagogue on Tuesday, where he promised to support its rebuild but was jeered by some angry with his handling of the situation . He committed his government to provide support to rebuild the synagogue, will provide funding for the restoration of the salvageable scrolls, and the replacement of those that are beyond repair. The Victorian government announced 15 community organisations would receive $950,000 in security funding. Grants of up to $200,000 were available to Jewish community organisations to support the purchase, installation or improvement of security equipment at community facilities. 'Harmful': Liberal senator's 'fictitious Islamophobia' claim condemned Islamic school bus torched Meanwhile, a bus belonging to an Islamic school in Adelaide was set alight in suspicious circumstances over the weekend. Independent senator Fatima Payman has questioned whether there was a double standard over incidents of antisemitism and Islamophobia, saying the government had rightly condemned the synagogue attack, "yet there is no outrage" over the bus being torched. "Two acts of arson, two acts of hate, but two very different responses," she said in a social media video on Tuesday. Police in South Australia are investigating but say no evidence has been found to indicate it was racially motivated. — With additional reporting by the Australian Associated Press.Assad exit puts US at perilous crossroads in SyriaShares of Halma plc ( LON:HLMA – Get Free Report ) hit a new 52-week high during mid-day trading on Thursday after the company announced a dividend. The stock traded as high as GBX 2,757 ($34.56) and last traded at GBX 2,738 ($34.32), with a volume of 4966605 shares. The stock had previously closed at GBX 2,502 ($31.37). The newly announced dividend which will be paid on Friday, January 31st. Investors of record on Thursday, December 19th will be given a dividend of GBX 9 ($0.11) per share. The ex-dividend date of this dividend is Thursday, December 19th. This represents a yield of 0.36%. Halma’s dividend payout ratio (DPR) is presently 3,098.59%. Analyst Ratings Changes Separately, Shore Capital reiterated a “hold” rating on shares of Halma in a research note on Thursday. Halma Stock Up 1.9 % The company has a market capitalization of £10.16 billion, a price-to-earnings ratio of 3,794.37, a price-to-earnings-growth ratio of 2.93 and a beta of 0.53. The firm’s 50 day moving average price is GBX 2,541.69 and its two-hundred day moving average price is GBX 2,509.24. The company has a current ratio of 2.45, a quick ratio of 1.51 and a debt-to-equity ratio of 45.83. Insiders Place Their Bets In other news, insider Jennifer Ward sold 50,000 shares of the stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of GBX 2,648 ($33.20), for a total value of £1,324,000 ($1,659,771.84). Company insiders own 2.20% of the company’s stock. Halma Company Profile ( Get Free Report ) Halma plc, together its subsidiaries, provides technology solutions in the safety, health, and environmental markets in the United States, Mainland Europe, the United Kingdom, the Asia Pacific, Africa, the Middle East, and internationally. It operates through three segments: Safety, Environmental & Analysis, and Healthcare. 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