NEW YORK (AP) — Technology stocks pulled Wall Street to another record amid a mixed Monday of trading. The S&P 500 rose 0.2% from its all-time high set on Friday to post a record for the 54th time this year. The Dow Jones Industrial Average fell 128 points, or 0.3%, while the Nasdaq composite gained 1%. Super Micro Computer, a stock that’s been on an AI-driven roller coaster, soared 28.7% to lead the market. Following allegations of misconduct and the resignation of its public auditor , the maker of servers used in artificial-intelligence technology said an investigation found no evidence of misconduct by its management or by the company’s board. It also said that it doesn’t expect to restate its past financials and that it will find a new chief financial officer, appoint a general counsel and make other moves to strengthen its governance. Big Tech stocks also helped prop up the market. Gains of 1.8% for Microsoft and 3.2% for Meta Platforms were the two strongest forces pushing upward on the S&P 500. Intel was another propellant during the morning, but it lost an early gain to fall 0.5% after the chip company said CEO Pat Gelsinger has retired and stepped down from the board. Intel is looking for Gelsinger’s replacement, and its chair said it’s “committed to restoring investor confidence.” Intel recently lost its spot in the Dow Jones Industrial Average to Nvidia, which has skyrocketed in Wall Street’s frenzy around AI. Stellantis, meanwhile, skidded following the announcement of its CEO’s departure . Carlos Tavares steps down after nearly four years in the top spot of the automaker, which owns car brands like Jeep, Citroën and Ram, amid an ongoing struggle with slumping sales and an inventory backlog at dealerships. The world’s fourth-largest automaker’s stock fell 6.3% in Milan. The majority of stocks in the S&P 500 likewise fell, including California utility PG&E. It dropped 5% after saying it would sell $2.4 billion of stock and preferred shares to raise cash. Retailers were mixed amid what’s expected to be the best Cyber Monday on record and coming off Black Friday . Target, which recently gave a forecast for the holiday season that left investors discouraged , fell 1.2%. Walmart , which gave a more optimistic forecast, rose 0.2%. Amazon, which looks to benefit from online sales from Cyber Monday, climbed 1.4%. All told, the S&P 500 added 14.77 points to 6,047.15. The Dow fell 128.65 to 44,782.00, and the Nasdaq composite climbed 185.78 to 19,403.95. The stock market largely took Donald Trump’s latest threat on tariffs in stride. The president-elect on Saturday threatened 100% tariffs against a group of developing economies if they act to undermine the U.S. dollar. Trump said he wants the group, headlined by Brazil, Russia, India and China, to promise it won’t create a new currency or otherwise try to undercut the U.S. dollar. The dollar has long been the currency of choice for global trade. Speculation has also been around a long time that other currencies could knock it off its mantle, but no contender has come close. The U.S. dollar’s value rose Monday against several other currencies, but one of its strongest moves likely had less to do with the tariff threats. The euro fell amid a political battle in Paris over the French government’s budget . The euro sank 0.7% against the U.S. dollar and broke below $1.05. In the bond market, Treasury yields gave up early gains to hold relatively steady. The yield on the 10-year Treasury climbed above 4.23% during the morning before falling back to 4.19%. That was just above its level of 4.18% late Friday. A report in the morning showed the U.S. manufacturing sector contracted again last month, but not by as much as economists expected. This upcoming week will bring several big updates on the job market, including the October job openings report, weekly unemployment benefits data and the all-important November jobs report. They could steer the next moves for Federal Reserve, which recently began pulling interest rates lower to give support to the economy. Economists expect Friday’s headliner report to show U.S. employers accelerated their hiring in November, coming off October’s lackluster growth that was hampered by damaging hurricanes and strikes. “We now find ourselves in the middle of this Goldilocks zone, where economic health supports earnings growth while remaining weak enough to justify potential Fed rate cuts,” according to Mark Hackett, chief of investment research at Nationwide. In financial markets abroad, Chinese stocks led gains worldwide as monthly surveys showed improving conditions for manufacturing, partly driven by a surge in orders ahead of Trump’s inauguration next month. Both official and private sector surveys of factory managers showed strong new orders and export orders, possibly partly linked to efforts by importers in the U.S. to beat potential tariff hikes by Trump once he takes office. Indexes rose 0.7% in Hong Kong and 1.1% in Shanghai. AP Business Writers Matt Ott and Elaine Kurtenbach contributed.Teen Mom's Kailyn Lowry Undergoes Breast Reduction Surgery
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Kansas City Chiefs vs. Pittsburgh Steelers: This expert prediction includes our best bet of the game. AP Pat Sharyon | Special Correspondent The Kansas City Chiefs will face off against the Pittsburgh Steelers in Week 17 of the NFL season at Acrisure Stadium on Christmas Day at 1 p.m. EST. With just two games left in the 2024 NFL regular season, both teams featured in this holiday contest have already clinched playoff spots. However, both are also still fighting for position within the AFC bracket; Patrick Mahomes and the Chiefs need to win in order to lock up the number one seed and a first-round bye, while Mike Tomlin’s Steelers are still battling Baltimore for the AFC North title. Ultimately, given the one-score nature of seemingly every Kansas City Chiefs game so far this season, our data model has selected Steelers +6.5 (-120) as our best bet for Christmas. Ahead of this matchup, the data analysts at Dimers.com have simulated the game 10,000 times, and then compared these results to current NFL betting odds to inform the data-driven betting preview provided to you below. This preview includes Dimers’ best bets and predicted scoreline for Kansas City Chiefs vs. Pittsburgh Steelers. To unlock Dimers’ full suite of data-driven betting insights, which includes daily props, trends, and parlays, sign up for Dimers Pro with promo code SYRACUSE10 , which will save you 10% off your first subscription payment. Bet365 is legal in Pennsylvania, making this the perfect opportunity for Steelers fans to claim huge betting bonuses with our brand new exclusive bet365 bonus code “SYRACUSE”, while sports fans in New York State can take full advantage of our NBA League Pass promo from FanDuel. Additionally, bettors are encouraged to check out this exclusive promo offer from DraftKings and BetMGM. Chiefs vs. Steelers betting preview Utilize the interactive widget below to see the current spread, over/under, and moneyline betting odds and probabilities for the Chiefs-Steelers game at Acrisure Stadium. This prediction and best bet for Wednesday’s NFL matchup between the Chiefs and Steelers is from Dimers.com , a reliable source for sports betting predictions. Check out all the important details on today’s game, as well as the best odds sourced from the top sportsbooks in the country. Game details Key information on the Chiefs vs. Steelers matchup, including where the game is and what time it kicks off. Teams: Kansas City Chiefs vs. Pittsburgh Steelers Date: Wednesday, December 25, 2024 Kickoff: 1 p.m. EST Location: Acrisure Stadium NFL standings: Current NFL division standings NFL injuries: Check the latest updates to the official NFL injury report Odds Odds for the key markets in the Chiefs-Steelers NFL contest. Spread: Chiefs -6.5 (-102), Steelers +6.5 (-120) Moneyline: Chiefs -230, Steelers +205 Total: Over/Under 41.5 (-105/-110) The odds and lines featured in this article are the best available from selected sports betting sites at the time of publication and are subject to change. Expert prediction: Chiefs vs. Steelers Utilizing cutting-edge data analysis and machine learning, the experts at Dimers have executed 10,000 simulations of Wednesday’s Chiefs vs. Steelers matchup. According to Dimers' independent predictive analytics model, the Chiefs are more likely to beat the Steelers at Acrisure Stadium. This prediction is based on the model giving the Chiefs a 69% chance of winning the game. Furthermore, Dimers predicts that the Steelers (+6.5) have a 58% chance of covering the spread, while the over/under total of 41.5 points has a 52% chance of going over. These predictions and probabilities are accurate at the time of publication but are subject to potential changes. Chiefs vs. Steelers best bet Our top pick for the Chiefs vs. Steelers Week 17 NFL matchup is to bet on the Steelers +6.5 (-120) . This betting advice is based on world-class modeling and valuable wagering intelligence, designed to assist you in making more informed decisions. Score prediction for Chiefs vs. Steelers Dimers' predicted final score for the Kansas City vs. Pittsburgh game on Wednesday has the Chiefs winning 23-18. This expert prediction is based on each team’s average score following 10,000 game simulations, offering a glimpse into the potential outcome. NFL player props: Wednesday NFL Week 17: Chiefs vs. Steelers Get ready for Wednesday’s action between the Chiefs and Steelers in Week 17 of the National Football League season at Acrisure Stadium, which is scheduled to start at 1 p.m. EST. We emphasize that all of the NFL best bets and NFL predictions in this preview are based on 10,000 data-driven simulations of the Chiefs vs. Steelers matchup, and they are accurate at the time of publication. They aim to help you make better decisions when placing bets at online sportsbooks . Please remember to gamble responsibly and consult trustworthy sources for the latest and most accurate information when making online betting decisions. More sports betting Monday Night Football tonight: Caesars Sportsbook promo code “ALMEDIADYW” offers upgraded NFL betting bonuses Monday Night Football tonight: Special $250 Christmas FanDuel promo code now available Monday Night Football tonight: Upgraded DraftKings promo code offers two exclusive $150 betting bonuses for Packers vs. Saints Experts release updated Saints-Packers stat projections following crucial Kendre Miller injury development Extended Bet365 Bonus Code “SYRACUSE”: New $1K+ betting bonus now available through Monday Night Football If you or a loved one has questions or needs to talk to a professional about gambling, call 1-800-GAMBLER or visit 1800gambler.net for more information.Manchester United Football Club is to cut the funding it provides to its charitable arm as part of a purge of costs being overseen by Sir Jim Ratcliffe, its newest billionaire shareholder. Sky News has learnt that the Premier League club plans to inform the Manchester United Foundation that it intends to curb the benefits it provides - which totalled close to £1m last year - from 2025 onwards. Sources close to the situation said a substantial element of the support given to the Foundation by the club would be axed, although Old Trafford insiders insisted on Sunday that it would still provide "significant" support to the charitable wing. A decision is said to have been made by the club's leadership to proceed with the cuts, with the Foundation expected to be informed about the scale of the reductions in the coming weeks. In 2023, the club paid the MU Foundation nearly £175,000 for charity services, which include managing the distribution of signed merchandise to individuals raising funds for charitable causes. Manchester United also provided gifts in kind amounting to £665,000 last year, which were understood to include use of the Old Trafford pitch and other facilities, alongside free club merchandise and the use of back-office services such as the club's IT capabilities. The MU Foundation works in local communities around Manchester and Salford to engage with underprivileged and marginalised people. Its projects include Street Reds, which is targeted at 8-18 year-olds, and Primary Reds, which works in school classrooms with 5-11 year-olds. It also organises hospital visits to support children with life-threatening illnesses. The disclosure about the latest target of cost-cutting by Sir Jim's Ineos Sports group, which now owns close to 29% of Manchester United's, comes just a day after The Sun revealed that an association set up to facilitate relations between former players, would see its club funding axed. A similar move has been made in relation to funding for the club's disabled fans' group, while hundreds of full-time staff have been made redundant in recent months and costs have been slashed across most areas of its operations. People close to the club anticipate further cost-cutting measures being introduced as soon as next month. One club source said it remained "proud of the work carried out by the Manchester United Foundation to increase opportunities for vulnerable young people across Greater Manchester". "All areas of club expenditure are being reviewed due to ongoing losses. "However, significant support for the Foundation will continue." Sir Jim has injected $300m of his multibillion pound fortune into Manchester United, although it will need to raise substantially more than that to fund redevelopments to Old Trafford or a new stadium. Last year, the club, which is listed on the New York Stock Exchange, lost more than £110m, with sizeable interest payments totalling tens of millions of pounds annually required to service its debt burden. The men's first team has seen an alarming run of results under Ruben Amorim, who was appointed to succeed Erik Ten Hag in the autumn. United have lost three of their last four matches - the exception being a derby win away at Manchester City - and lie 14th in the Premier League table. Mr Amorim has acknowledged that he could face the same fate as Mr Ten Hag unless results improve. Dan Ashworth, who was brought in from Newcastle United FC as sporting director in the summer, left after just five months. Manchester United declined to comment formally on the proposed cuts to the funding of its charitable arm.
2017 remains memorable for Bitcoin’s fanatics since it saw the great expansion of cryptocurrencies due to the introduction of Ethereum (ETH) and Ripple (XRP) as investment legends. While Ripple's XRP grew almost unbelievably 35,000%, rising from $0.0064 to a height of $3.27, Ethereum rose from $7 to roughly $750, generating an ROI of over 10,000%. These coins not only changed the fortunes of first-time investors but also solidified their place as foundations of the blockchain ecology. They turned into evidence that in the realm of cryptocurrencies, market timing and creativity can produce unheard-of riches. A fresh wave of cryptocurrencies with innovative utilities and technology is ready to follow in 2024. Among these, Rexas Finance (RXS) is notable for its innovative approach to tokenizing real-world assets (RWA). Along with eight other outstanding initiatives, RXS has great promise to copy the kind of astronomical return on investment Ethereum and Ripple attained. Strong foundations, practical uses, and vibrant ecosystems make these coins especially suited to be the next generation of successful cryptocurrency tales. Rexas Finance (RXS) Blockchain Transforms Asset Ownership Leading innovators, Rexas Finance addresses one of the most important blockchain potentials by tokenizing real-world assets (RWA). The platform allows fractional ownership of tangible and intangible assets, including real estate, gold, and commodities, by means of blockchain technology, artificial intelligence (AI), and decentralized financing (DeFi). Rexas Finance is transforming wealth management and investment by distributing access to highly valuable assets. Rexas Finance provides useful value, unlike meme currencies, which mostly depend on community-driven momentum. Its ecosystem lets users tokenize their assets fast, start fundraising projects via its Launchpad, and engage in safe asset management. RXS has attracted a lot of interest, with around $31,352,905 raised in the presale stages. Given the token's listing price of $0.20, early investors stand to get up to 3x profits. RXS's emphasis on security adds even more attraction. A thorough CertiK audit has confirmed its smart contracts, inspiring confidence among institutional and individual investors. Designed listings on premium exchanges will improve its liquidity and accessibility, facilitating a notable increase. Rexas Finance's utility-driven strategy makes it a top competitor for a large return on investment and a transforming agent in the crypto scene. Solana (SOL): The King of Blockchains in Transaction Speeds Solana has become a high speed blockchain solution capable of processing up to 65000 transactions every second. Due to the speed and exceptional scalability that Solana’s ecosystem offers, it is considered among the best in the space for decentralized applications and larger, nonfungible tokens. The strong transaction costs of the blockchain, combined with the expanding of its ecosystem, have attracted various types of developers from NFT marketplaces to DeFi centers. Investors especially like Solana because it can alleviate the scalability problems afflicting earlier blockchains like Ethereum. Given its rapidly expanding ecosystem and relationships with big corporations, Solana is positioned for ongoing expansion. Its practical value guarantees its capacity to provide an Ethereum-like return on investment in the next years. Polkadot, or DOT Unlike any other approach, Polkadot enables Inter Blockchain Communication through its individual relay chain. Through this, Polkadot has the potential to enhance the existing Web3 interface. Using Polkadot's security and scalability, its parachain paradigm lets developers create specialized blockchains. The platform's parachain auctions have drawn innovative ideas, therefore enhancing its ecosystem. The capacity to link different networks will become more important as blockchain use rises, hence establishing Polkadot as pillar of the decentralized web. DOT is an excellent choice for high ROI because of its usability and its wide adoption capability. Chainlink (LINK): The Smart Contracts Data Provider Initially developed as a bridge between real world data and smart contracts, Chainlink has established itself as one of the pillars of blockchain architecture. Starting with insurance and ending with supply chains and DeFi, the applications simply need this functionality in order to work. Chainlink's constant technological innovation and partnerships with top businesses have solidified its leadership in the market. LINK's value proposition becomes even more compelling when the need for consistent and safe data streams rises. For long-term development and significant return on investment, its established posture and growing application cases make it a top competitor. Stellar (XLM) With An Eye on Financial Inclusion Though Stellar emphasizes financial inclusion for underbanked populations, it shares Ripple's ambition of facilitating flawless cross-border payments. For remittances and digital payments in underdeveloped countries, its blockchain allows quick and cheap transactions, which makes it perfect. Stellar is closing the distance between conventional banking and blockchain through alliances with big financial institutions and non-governmental organizations. XLM is positioned to provide outstanding returns as global financial inclusion projects gather steam, reflecting Ripple's achievement in 2017. Fantom (FTM): Scalable DeFi and Beyond Solution Fantom's directed acyclic graph (DAG) technology, which is a new method of structuring the blockchain, allows for almost unlimited scalability, which outranks its traditional counterparts. That enables it to be best suited for Decentralized Finance (DeFi), supply chain management certifications, and healthcare applications. The growing ecosystem and scalability-based competitive edge of the platform have drawn major developer interest. Fantom is likely to grow significantly as the DeFi industry keeps growing since it presents a special chance for investors to profit on its technological features. Render Network (RNDR): Power the Metaverse and Beyond Render Network's function as a decentralized GPU rendering platform places it as a vital infrastructure supplier as the metaverse takes the front stage for both IT giants and blockchain aficionados alike. For virtual environments, gaming, and augmented reality applications, RNDR helps to create premium 3D graphics. Render's emphasis on the metaverse fits the rising need for immersive digital experiences. Thanks to its creative approach and solid use case, RNDR is a tempting investment for investors wishing to ride the next great wave of technological adoption. VeChain (VET): Creatively Transparent Supply Chains Blockchain solutions from VeChain for supply chain management have drawn alliances with international companies in sectors including luxury products, drugs, and logistics. Real-time tracking and product authentication enabled by VeChain guarantees supply chain openness and confidence. VeChain's products are becoming more important than ever, giventhe growing focus on sustainability and ethical procurement. VET is a fascinating investment with great ROI potential thanks to its great practical uses and increasing acceptance. Toncoin (TON) Developed by Telegram, Toncoin seeks to include blockchain technologies into regular communication. Its emphasis on user-friendly dApps, decentralized storage, and safe payments qualifies it as a flexible platform fit for general acceptance. TON has a special edge in creating demand since Telegram's huge user base is a natural audience. Its inclusion among one of the most often used messaging applications sets it for explosive expansion and qualifies as a solid candidate for high return on investment. Kaspa (KAS): Redefining Blockchain Speed and Efficiency With Kaspa's blockDAG architecture, blockchain technology has advanced significantly and parallel transaction processing of transactions for unparalleled scalability and speed is enabled. Kaspa is a remarkable initiative since its creative solution solves important constraints of conventional blockchains. Kaspa is probably going to be more adopted as more developers realize the possibilities of its architecture. Its emphasis on addressing basic blockchain issues guarantees its relevance and possible high return on investment. Comparatively to Ethereum and Ripple Ethereum and Ripple's 2017 success stemmed from their capacity to solve practical problems rather than only from market buzz. While Ripple simplified cross-border payments, Ethereum unveiled smart contracts, therefore transforming the blockchain sector. The coins underlined have certain commonalities. Rexas Finance tokenizes access to valuable assets, therefore democratizing them. Solana tackles scalability problems; Chainlink closes the gap between blockchains and actual data; Render Network drives the metaverse. Every one of these initiatives addresses a major issue, hence they are positioned for expansion. Conclusion There are plenty of chances for revolutionary expansion in the cryptocurrency market. Rexas Finance (RXS) leads the charge with its creative approach to real-world asset tokenizing. Solana, Polkadot, Chainlink, and others offer original answers to urgent problems. These projects share an emphasis on utility, scalability, and long-term impact. To profit from the next wave of exponential expansion, investors must first find coins with practical uses and strong foundations. These nine coins are expected to generate enormous returns on investment, ushering in a new era of crypto innovation and opportunity, much as Ethereum and Ripple changed the market in 2017. By making deliberate investments and conducting thorough research, today's investors can position themselves to ride the next wave of success in the always-changing realm of cryptocurrencies. For more information about Rexas Finance (RXS) visit the links below: Website: https://rexas.com Win $1 Million Giveaway: https://bit.ly/Rexas1M Whitepaper: https://rexas.com/rexas-whitepaper.pdf Twitter/X: https://x.com/rexasfinance Telegram: https://t.me/rexasfinance Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp _____________ Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.Unearthed footage of Barron Trump speaking with mom's accent spreads like wildfire after dad's massive win
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The Nigeria Deposit Insurance Corporation (NDIC) has asked bank customers to ensure their KYCs are up to date The corporation said this is essential in the event of bank failure so depositors can be reimbursed The NDIC Managing Director, Bello Hassan, said the reasons some Heritage Bank customers are yet to be paid is due to name mismatch PAY ATTENTION: Got a Minute? Complete Our Quick Survey About Legit.ng Today! Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade. The Nigeria Deposit Insurance Corporation (NDIC) has asked bank customers to ensure that their KYC details are up to date to ensure smooth transactions and prompt payment in case of bank failure. The NDIC managing director, Bello Hassan, disclosed this at the 2024 NDIC Editors’ Forum. NDIC reveals the importance of KYC The NDIC boss stressed the importance of updated KYC in the Nigerian financial system. PAY ATTENTION: Legit.ng Needs Your Help! Take our Survey Now and See Improvements at LEGIT.NG Tomorrow He disclosed that some customers of the failed Heritage Bank are yet to receive their insured sums due to a lack of KYC and name mismatch. Read also "Ensure timely payment": NDIC issues new update on Heritage Bank depositors funds Hassan added that the corporation was working to ensure that the insured deposits were paid, stressing that it is aware of some depositors who have yet to receive payments. According to him, the development is due to reasons ranging from reconciling inconsistencies in Heritage Bank’s depositors’ database to the absence of accounts and name mismatch. He said updating the KYCs will ensure hitch-free transactions with their banks and prompt reimbursement during a bank failure. NDIC reveals why Heritage Bank customers are not paid Leadership reports that the NDIC helmsman said that the corporation has already initiated the process of debt recovery and realisation of investments and physical assets of Heritage Bank to ensure timely payment of the uninsured deposits. He stated that depositors over the insured limit of N5 million will be paid via liquidating the bank’s assets and dividends. “This orderly process, based on asset realisation and priority of claims, is essential in maintaining public trust in the banking system and promoting financial system stability,” he said. Read also Good news as banks begin repaying MTN, Airtel, others for N250 billion debt Haasan reassured depositors of the safety of their funds, saying that the NDIC has been responsible for promoting stability by ensuring that when banks fail, depositors are protected and their funds are reimbursed. NDIC lists steps to receive full payments Legit.ng earlier reported that the NDIC said it reimbursed 82.36% of the customers of the liquidated Heritage Bank with deposits below N5 million maximum insured deposit. The NDIC’s director of communications and public affairs, Bahir Nuhu, disclosed this on Sunday, August 11, 2024, and said that the corporation achieved this via the use of BVN-linked alternative accounts of customers of the liquidated bank. According to Nuhu, the NDIC began paying insured deposits of a maximum of N5 million per depositor within four days of the bank’s closure. PAY ATTENTION : Legit.ng Needs Your Opinion! That's your chance to change your favourite news media. Fill in a short questionnaire Source: Legit.ng