
12 Of The Most Unusual Japanese Engines Ever MadeStewartville faced off with Dassel-Cokato in the Class 3A state championship football game on Saturday, Nov. 23, 2024, at the U.S. Bank Stadium in Minneapolis. Stewartville won 43-22.
Crowd gasps as Ch 10 stars mock celebs
AP News Summary at 4:42 p.m. ESTHave you seen claims that Brian Thompson, the UnitedHealthcare CEO who was shot on Dec. 4 in New York, was killed because he was about to testify against Rep. Nancy Pelosi for insider trading? It’s gone viral on several social media platforms over the past week. But it’s not true. The oldest example of this false claim that Gizmodo could find dates to the night of Dec. 6, two days after the shooting. The X account HustleBitch wrote “ BREAKING: Brian Thompson, the CEO of UnitedHealthcare, was set to testify against Nancy Pelosi for insider trading.” From that claim around 10:00 p.m. ET, other X accounts that went viral seem to have made their posts about it a couple of hours later. Politifact also found the claim being made on Threads and Instagram, though those posts were made on Dec. 7, the day after the earliest tweets spreading the false story, which were happening well before the arrest of Luigi Mangione , who’s been charged with the murder and is currently fighting extradition to New York from Pennsylvania. But the claim that Thompson was killed over this motive related to a sitting congresswoman isn’t true. There’s no evidence Thompson was going to testify against Pelosi for insider trading or anything else. But, oddly enough, Thompson was himself accused of insider trading before he was killed. The Hollywood Firefighters Pension Fund filed a lawsuit against Thompson and other executives at UnitedHealth back in May . The lawsuit alleges that the executives sold about $120 million worth of UnitedHealth shares when they learned the U.S. Department of Justice was investigating the company for anti-competitive practices. The stock went down only after it became publicly known the DOJ had opened an investigation. The suit states Thompson sold about $15 million worth of stock. Pelosi and other members of Congress have indeed received scrutiny over their activity trading stocks, and some Democrats have called for a ban, including Rep. Alexandria Ocasio-Cortez, who wrote back in 2021 , “There is no reason members of Congress should hold and trade individual stock when we write major policy and have access to sensitive information.” Some versions of the false claim on social media also use a video that purports to show Thompson talking about Nancy Pelosi providing help to UnitedHealth. The only problem, of course, is that the video doesn’t show the Thompson that was killed, as anyone with eyes can see. Matt Wallace , a conspiracy theorist who often spreads disinformation on X, helped spread the misidentified video along with several others. Wallace also made a video on Rumble claiming that Nancy Pelosi brainwashed the shooter with techniques from MKUltra, the mind control experiments of the CIA from the 1960s. There were also claims that the man who took a shot at Donald Trump over the summer in Butler, Pennsylvania. The CIA told Gizmodo after those claims went viral that any claims about MKUltra being involved in the assassination attempt were, “utterly false, absurd, and damaging.” Why are people online spreading this false story about Pelosi? We can only assume they’re either actively or unintentionally spreading false information that helps Trump. Many of the accounts that were sharing the false claim in its earliest iteration appear to have bios and images promoting the former and incoming president. HustleBitch, the account that appears to have shared the claim very early (if not possibly the first), has a history of sharing lies on the internet. That account was also one of the first to share a claim that a body double was actually used for Trump’s visit to watch a SpaceX launch with Elon Musk last month . But it’s not clear who’s actually behind the account. All we know for certain is that there’s no evidence that Thompson was killed because he was going to testify. And while Mangione’s lawyer has said his client intends to plead not guilty, all the available evidence seems to suggest that he may have been killed because his company makes billions of dollars in profits while denying life-saving medical coverage to Americans who are fed up with a broken healthcare system.
Figure Technology Solutions Appoints Macrina Kgil as Chief Financial Officer
$340K in grants given to charities helping at risk youthStockhead Don't miss out on the headlines from Stockhead. Followed categories will be added to My News. Small caps poised for a rebound in 2025, says Shaw and Partners Falling interest rates could boost small cap growth Small caps offer better diversification and strong returns Shaw and Partners' 2024 stock picks have performed exceptionally well, with the investment advice and wealth management firm's 10 emerging company selections up an average of 49%, highlighted by Metro Mining's (ASX:MMI) standout 210% gain. Name Ticker YTD Return 2024 Metro Mining MMI 210% Gentrack GTK 96% FireFly Metals FFM 70% MMA Offshore MRM 65% Austin Engineering ANG 64% Silex SLX 50% AIC Mines A1M -4% Readytech RDY -15% Chrysos C79 -44% Peninsula PEN -50% Looking ahead, Shaw and Partners is even more optimistic about 2025, predicting a strong rebound for ASX small-cap stocks. With several key factors at play, the research firm believes 2025 could be the ideal time to invest in these often-overlooked opportunities. One of the most compelling reasons to invest in small caps is their recent underperformance compared to large caps. Over the past three years, small-cap stocks have lagged behind by 10% per year. This is an unusually large gap, especially when considering historical trends. Shaw and Partners research analysts point out that such underperformance has often been followed by a swift rebound when market conditions improve, particularly when interest rates start to fall. Smaller companies tend to be more reliant on external financing, so when interest rates fall, their borrowing costs decrease, giving them more room to expand. “The relative performance can mean revert quickly given favourable fundamentals,” the wealth management firm explained. “Over the past decade, there have been two periods of RBA interest rate cuts, each case resulting in Australian small cap stocks rising strongly and outperforming large caps.” Another key reason to look at small caps right now is their superior growth potential. Historically, small companies have outpaced large companies in earnings growth, as their smaller size allows them to grow faster from a smaller base. “Equity markets look forward, and consensus estimates forecast stronger EPS growth for small caps relative to large caps as the economy normalises post-Covid,” Shaw and Partners said. Small-cap stocks often have exposure to niche industries, which can lead to faster growth when conditions are right. Diversification and upside Small-cap stocks also provide greater diversification compared to large caps. The biggest stock in the ASX 100, BHP (ASX:BHP) , has a weighting of over 10%, which means its performance can dramatically impact the index. On the other hand, the largest stock in the small-cap index is Life360 (ASX:360) , which makes up just 1.6%. This means small-cap investors can access a broader range of companies across sectors, from technology to consumer products, without being overly exposed to any one company. “This diversification can help investors capture growth across a wider spectrum of the economy,” noted Shaw. Also, the firm said that small-cap managers have consistently delivered strong returns. The “median small-cap manager has outperformed their benchmark across 1, 3, 5, 10, and 15-year timeframes,” Shaw said, largely due to the inefficiencies in the small-cap market, such as lower liquidity and less analyst coverage. This creates opportunities for active managers to generate ‘alpha’ – returns that exceed the market average. Also, current valuations offer attractive entry points, particularly as small caps are trading on a 2-year forward price-to-earnings (P/E) ratio of 16.2, which is below the 17.9 P/E for large caps. Historically, small caps have traded at a premium to large caps, so this discount could represent a solid buying opportunity. Shaw and Partners’ Top 10 small cap ideas for 2025 As 2025 approaches, Shaw and Partners has selected its top 10 small-cap stocks to watch, and provided the following comments for each: Amaero International (ASX:3DA) leads in metal additive manufacturing, targeting aerospace defence, and energy sectors. Leveraging advanced materials and strategic partnerships, it benefits from re-shoring trends and increased defence spending, driving significant growth opportunities. Australian Vanadium (ASX:AVL) is developing an Australian battery industry utilising vanadium flow batteries that will be used for grid-scale storage. The energy transition requires both electricity generation and matched storage to balance the grid. Beforepay Group (ASX:B4P) is now profitable with its core pay advance lending product. B4P is using its AI algorithms for two new businesses that can double revenue by (1) supplying larger/longer personal loans and (2) supplying AI credit risk modules to US financial institutions. Bannerman Energy (ASX:BMN) is developing the Etango Uranium Project in Namibia. Etango is one of only a handful of construction ready uranium projects globally. It is a large (~215Mlb) and long life (~40 years) asset. The uranium price is expected to continue rising due to strong demand coupled with limited supply. Chrysos Corporation's (ASX:C79) proprietary photon assay technology is making mineral assays faster, more accurate and more environmentally friendly. C79 trades on FY25 EV (expected value) revenue multiple of 8.4x and we forecast a 3-year revenue CAGR (compound annual growth rate) of 46%. We see considerable upside as our $7.20 PT (price target) only assumes 265 terminal units vs a current TAM (total addressable market) of 610 units. Humm (ASX:HUM) is a value investment emerging from restructuring and turning to growth. It is trading on a PE (price earnings) of 4x with earnings growth looking solid for FY25. It is Australia’s leading non-bank financial in secured asset lending to SME’s. Metro Mining (ASX:MMI) ships bauxite to China and is trading at just 3.7x PE and 1.5x EV/EBITDA in 2025. Bauxite prices are rising due to strong demand from China at a time of supply disruptions in Guinea, China and an export ban from Indonesia. Santana Minerals (ASX:SMI) is an advanced gold developer. The company is continuing to develop the 100% owned Bendigo-Ophir Gold Project in New Zealand that boasts 2.5Moz in resource. Shaw sees SMI rerate as it rapidly progresses to production whilst simultaneously continuing to explore its sizeable land package. Silex Systems (ASX:SLX) has the potential to be a generational investment, Shaw says. Its technology is "likely to revolutionise the uranium enrichment industry". There are positive catalysts in 2025 as the pilot plant proves up the technology, Cameco exercises its option to increase its stake in the joint venture and the US government provides financial support. Southern Cross Electrical Engineering (ASX:SXE) is a leading national electrical, instrumentation, communications, and maintenance services group. SXE is exposed to the electrification and decarbonisation of the economy. We are attracted to SXE due to the quality of its management and the strength of its industry tailwinds. The views, information, or opinions expressed in this article are solely those of the research firm and do not represent the views of Stockhead. Stockhead has not provided, endorsed or otherwise assumed responsibility for any financial product advice contained in this article. Originally published as Shaw says 2025 could be the year to feast on ASX small caps and these are its 10 favourites More related stories Stockhead Argentine lithium junior drawing major eyes Pursuit Minerals says its increased resource in Argentina opens the door to significant offtake discussions despite sluggish lithium prices. Read more Stockhead Net zero goals still need hydrogen Heavy transport and displacing fossil fuel-derived hydrogen are some of the key areas where clean hydrogen can shine. Read more
SpaDeX Mission: ISRO's Historic Space Docking Experiment Set For Launch On Monday
UnitedHealthcare CEO Brian Thompson was one of several senior executives at the company under investigation by the Department of Justice when he was gunned down outside a Manhattan hotel on Wednesday. Thompson — who was killed in what police called a targeted shooting outside the Hilton hotel in Midtown — exercised stock options and sold shares worth $15.1 million on Feb. 16, less than two weeks before news of the federal antitrust probe went public, according to a Crain’s New York Business report from April. The stock price dropped sharply after the revelation that the DOJ was investigating whether the company had made acquisitions that consolidated its market position in violation of antitrust laws, a source familiar with the probe told the outlet. Thompson’s stock options reportedly had several years until expiration, and the sale of shares was his first since assuming the helm of parent company UnitedHealth’s insurance division in 2021. Thompson, 50, along with UnitedHealth Group chairman Stephen Helmsley, Chief People Officer Erin McSweeney and Chief Accounting Officer Tom Roos, sold a combined $101.5 million in shares, with Helmsley personally netting just shy of $85 million, according to the report. Charles Elson, founding director of the Weinberg Center for Corporate Governance at the University of Delaware, told Crain’s that share sales by firm principals are typically scrutinized by a company’s general counsel, who can determine whether any additional disclosures to the market may be required before the trades are executed. Earlier this year, UnitedHealth was hit by one of the largest healthcare data breaches in US history, the company estimating as many as one-third of Americans’ private data — potentially including Social Security numbers — were compromised in the ransomware attack. Follow the latest on the murder of UnitedHealthcare CEO Brian Thompson : The company wound up paying the hackers a $22 million ransom, CEO Andrew Witty told a Congressional panel in May. The massive firm — with annual revenue of around $372 billion — later said it estimated its financial cost as a result of the hack to be around $705 million, Reuters reported.76ers' Paul George hyperextends left knee for second time in a month, will miss at least two games
Who Are Jimmy Carter's Children? He Leaves Behind 3 Sons and a Daughter