
Snow In Forecast For Big Week 13 NFL Game On Sunday
MaxLinear, Inc. ( NASDAQ:MXL – Get Free Report ) shares gapped down prior to trading on Thursday . The stock had previously closed at $20.29, but opened at $19.51. MaxLinear shares last traded at $20.13, with a volume of 77,935 shares trading hands. Analyst Upgrades and Downgrades A number of research firms have issued reports on MXL. Benchmark increased their target price on MaxLinear from $22.00 to $28.00 and gave the stock a “buy” rating in a report on Monday, December 9th. Wells Fargo & Company started coverage on MaxLinear in a report on Friday, November 22nd. They set an “equal weight” rating and a $14.00 price objective for the company. Susquehanna cut MaxLinear from a “positive” rating to a “neutral” rating and cut their target price for the company from $26.00 to $15.00 in a research note on Tuesday, October 1st. Craig Hallum decreased their price target on shares of MaxLinear from $28.00 to $25.00 and set a “buy” rating for the company in a research note on Thursday, October 24th. Finally, Needham & Company LLC reissued a “hold” rating on shares of MaxLinear in a research report on Thursday, October 24th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, MaxLinear presently has a consensus rating of “Hold” and an average price target of $23.14. Check Out Our Latest Research Report on MXL MaxLinear Stock Down 2.4 % MaxLinear ( NASDAQ:MXL – Get Free Report ) last announced its quarterly earnings results on Wednesday, October 23rd. The semiconductor company reported ($0.36) EPS for the quarter, missing analysts’ consensus estimates of ($0.32) by ($0.04). The firm had revenue of $81.10 million during the quarter, compared to analyst estimates of $80.40 million. MaxLinear had a negative net margin of 57.37% and a negative return on equity of 19.22%. The business’s revenue was down 40.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.02) EPS. Research analysts predict that MaxLinear, Inc. will post -1.66 EPS for the current year. Insider Activity In other MaxLinear news, insider Steven G. Litchfield sold 32,000 shares of the stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $20.35, for a total transaction of $651,200.00. Following the transaction, the insider now owns 365,868 shares in the company, valued at $7,445,413.80. This represents a 8.04 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink . Also, VP William Torgerson sold 6,100 shares of the stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $15.40, for a total transaction of $93,940.00. Following the sale, the vice president now owns 179,262 shares in the company, valued at $2,760,634.80. This represents a 3.29 % decrease in their position. The disclosure for this sale can be found here . Insiders sold a total of 48,900 shares of company stock valued at $927,278 over the last three months. Insiders own 8.60% of the company’s stock. Institutional Investors Weigh In On MaxLinear Hedge funds have recently made changes to their positions in the stock. Innealta Capital LLC bought a new position in MaxLinear in the 2nd quarter valued at approximately $30,000. International Assets Investment Management LLC bought a new position in shares of MaxLinear in the 2nd quarter valued at $31,000. Canada Pension Plan Investment Board acquired a new stake in shares of MaxLinear during the 2nd quarter valued at $56,000. Truvestments Capital LLC bought a new stake in MaxLinear during the 3rd quarter worth $42,000. Finally, GAMMA Investing LLC increased its holdings in MaxLinear by 151.8% in the 3rd quarter. GAMMA Investing LLC now owns 3,472 shares of the semiconductor company’s stock worth $50,000 after purchasing an additional 2,093 shares in the last quarter. 90.79% of the stock is currently owned by institutional investors and hedge funds. About MaxLinear ( Get Free Report ) MaxLinear, Inc provides communications systems-on-chip solutions worldwide. Its products integrate various portions of a high-speed communication system, including radio frequency, high-performance analog, mixed-signal, digital signal processing, security engines, data compression and networking layers, and power management. Recommended Stories Receive News & Ratings for MaxLinear Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MaxLinear and related companies with MarketBeat.com's FREE daily email newsletter .Iceland's Political Shift: Social Democrats Surge Amid Economic Woes
Manchester City's struggles continued as Pep Guardiola's side remarkably blew a three-goal lead to draw 3-3 with Feyenoord in the Champions League on Tuesday, while Bayern Munich beat Paris Saint-Germain to leave the French club in danger of elimination. There were also big wins for Arsenal, Atletico Madrid, Atalanta and Bayer Leverkusen, while Inter Milan went top of the standings after five games and Barcelona's Robert Lewandowski reached a century of Champions League goals. However, the biggest drama came at the Etihad Stadium, where City were cruising early in the second half with a three-goal advantage as they sought to end a run of five successive defeats in all competitions. Erling Haaland opened the scoring from a penalty just before half-time, and Ilkay Gundogan's deflected shot made it 2-0 in the 50th minute. Haaland struck again to make it 3-0, but Feyenoord's comeback began on 75 minutes when Anis Hadj Moussa took advantage of hapless defending to round goalkeeper Ederson and pull one back. Substitute Santiago Gimenez bundled in to make it 3-2 on 82 minutes and the equaliser arrived a minute from the end. Ederson was again caught out with Igor Paixao going around the goalkeeper and crossing for Slovak international David Hancko to head in. "We concede a lot of goals because we are not stable," complained Guardiola. "We lost a lot of games lately. We are fragile and of course we need a victory." It is the first time that a team has gone into the last 20 minutes of a Champions League game trailing by three goals and still avoided defeat, as the point boosts the Dutch side's hopes of progressing. City are two points outside the top eight places which offer direct qualification for the last 16, while Bayern moved above them by beating PSG 1-0 in Munich. South Korean defender Kim Min-jae scored the only goal seven minutes before half-time, heading in after goalkeeper Matvei Safonov failed to clear a corner. PSG had Ousmane Dembele sent off in the second half and the French champions have just four points, and three goals, from five games. They are a lowly 26th in the 36-team league, a point adrift of the positions which offer a place in the play-off round in February. "We need to win our last three matches, otherwise we risk being eliminated," admitted PSG coach Luis Enrique. More from this section Lewandowski notched his 100th goal in the competition with an early penalty in Barcelona's 3-0 home win over French side Brest. Dani Olmo netted midway through the second half before Lewandowski sealed Barca's win at the death, his 101st goal in the Champions League -- only Cristiano Ronaldo and Lionel Messi have scored more. Inter lead the standings with 13 points, a point ahead of Barcelona and Liverpool, after a 1-0 win at home to RB Leipzig which means they are also still yet to concede a goal. Castello Lukeba's own goal made the difference at San Siro, and Leipzig are one of only three teams to have lost five games out of five. Arsenal romped to a 5-1 victory away to Sporting in Lisbon, as the Portuguese side adapt to life without coach Ruben Amorim, who has departed for Manchester United. Gabriel Martinelli, Kai Havertz and Gabriel Magalhaes all scored in the first half for Arsenal, before Goncalo Inacio pulled one back shortly after the restart. Bukayo Saka converted a penalty on 65 minutes after Martin Odegaard had been brought down, and Leandro Trossard headed in to seal Arsenal's win late on. Atalanta romped to a 6-1 win over rock-bottom Young Boys in Switzerland, with Mateo Retegui and Charles De Ketelaere both scoring braces. Sead Kolasinac and Lazar Samardzic also netted for the Italians, with Silvere Ganvoula getting the hosts' reply. Florian Wirtz struck twice, including a penalty, as Leverkusen crushed Red Bull Salzburg 5-0, with Alejandro Grimaldo scoring a superb free-kick and Patrik Schick and Aleix Garcia also netting. Julian Alvarez and substitute Angel Correa each scored twice and Marcos Llorente and Antoine Griezmann once as Atletico romped to a 6-0 win away to Sparta Prague. Christian Pulisic, Rafael Leao and Tammy Abraham were the scorers in AC Milan's 3-2 win at Slovan Bratislava, whose goals came from Tigran Barseghyan and Nino Marcelli. Marko Tolic saw red at the end for Slovan, who are without a point. as/nfIn a landmark move supporting Prime Minister Narendra Modi’s Digital India Mission, the Yogi Adityanath government is spearheading digital transformation across Uttar Pradesh. By the end of December, all police stations in Kannauj will shift to a paperless e-office system, making it the first district in the state to achieve this milestone. The transition to a digital platform will eliminate traditional paper-based processes, streamlining administrative functions. Advertisement Superintendent of Police (SP) Amit Kumar Anand emphasized on Saturday that this initiative is part of the government’s broader efforts to modernize the Uttar Pradesh Police through technological advancements. “Kannauj Police aims to become fully digital by the end of 2024. This includes adopting a 100 per cent e-office system, eliminating bulky files and enabling seamless, digital administrative workflows,” he stated. Recently, the SP inaugurated this digital transformation initiative during a ceremony at the police office. Laptops were distributed to station in-charges, jurisdictional officers, and gazetted officers to facilitate the shift to technology-driven operations. Police personnel are undergoing specialized training at the District Training Center to ensure the effective implementation of the e-office system. The platform, developed by the National Informatics Center (NIC) and based on the Central Secretariat Manual of e-Office Procedures (CSMeOP), will enhance technical skills among the force. To support this transition, the district’s digital infrastructure has been upgraded, and all police stations and offices are being equipped with necessary technical resources. The e-office system is designed to enhance transparency, expedite administrative processes, and improve data management, ultimately leading to faster resolution of pending complaints and more efficient delivery of justice. The system also empowers officials with better monitoring tools, facilitating smoother decision-making and reducing the risk of corruption. For the public, this translates to faster, more transparent services and timely complaint resolutions. Kannauj’s pioneering digital transformation sets a benchmark for other districts in Uttar Pradesh, promising a future of more effective, efficient, and citizen-centric policing. Advertisement
Heritage Hills has been one of the top ranked teams in the Class 3A all season and will get a chance to prove it this coming Saturday at the state finals after knocking off Batesville 42-0 to win the semistate title. The No. 2 Patriots (13-1) will take on Ft. Wayne Bishop Luers (10-4) at 3 p.m. Saturday at Lucas Oil Stadium for the Class 3A state championship. Batesville ends the season 9-4. Heritage Hills took the opening possession down the field for a touchdown. Quarterback Jett Goldberry scored on the 15-yard run at the 7:30 mark to give the host Patriots an early 7-0 lead. Batesville came right back and moved the ball down the field. A 19-yard pass from Will Jaisle to Damien Krekeler had the Bulldogs on the move. Gage Pohlman had a big run on the drive. When Jaisle connected with Damien Dance on the pass play, the Bulldogs were at the Heritage Hills 20-yard line. The Patriots stalled Batesville’s drive and took over on downs. On Heritage Hills’ next possession, Goldsberry scored on a 40-yard run to push the Patriots’ lead to 14-0 after one quarter. A Goldsberry pass to Hunter Meredith for the 87-yard touchdown extended the Patriots’ led to 21-0. Just before the half, Goldsberry pass to Peyton Gray for a 37-yard touchdown put Heritage Hills in front 27-0 at the break. A rushing touchdown by Alex Smith and touchdown pass from Goldsberry to Tyler Ruxer capped the scoring in the game with Heritage Hills advancing 42-0. Adams Central (13-1) vs Linton-Stockton (12-2), 11 a.m. East Noble (13-1) vs New Palestine (13-0), 3 p.m. Westfield (12-1) vs Brownsburg (12-1), 7 p.m. North Judson-San Pierre (14-0) vs Providence (13-0), 11 a.m. Fort Wayne Bishop Luers (10-4) vs Heritage Hills (13-1), 3 p.m. Warsaw Community (10-3) vs Decatur Central (10-2), 7 p.m.Gunther Confirms Steel Cage World Title Match With CM Punk at Tomorrow’s WWE Live Holiday Tour Event in Chicago
Wild melee after college gameAdvisors Asset Management Inc. trimmed its holdings in Franklin High Yield Corporate ETF ( BATS:FLHY – Free Report ) by 47.9% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 4,727 shares of the company’s stock after selling 4,354 shares during the quarter. Advisors Asset Management Inc.’s holdings in Franklin High Yield Corporate ETF were worth $116,000 at the end of the most recent reporting period. A number of other institutional investors also recently modified their holdings of FLHY. US Bancorp DE lifted its stake in shares of Franklin High Yield Corporate ETF by 126.3% during the third quarter. US Bancorp DE now owns 6,808 shares of the company’s stock valued at $166,000 after acquiring an additional 3,800 shares during the period. Traynor Capital Management Inc. bought a new stake in shares of Franklin High Yield Corporate ETF during the second quarter worth approximately $210,000. Diversified LLC acquired a new position in Franklin High Yield Corporate ETF in the second quarter valued at approximately $211,000. Atria Investments Inc bought a new position in Franklin High Yield Corporate ETF in the third quarter valued at approximately $223,000. Finally, Williams & Novak LLC acquired a new stake in Franklin High Yield Corporate ETF during the 2nd quarter worth $319,000. Franklin High Yield Corporate ETF Price Performance Shares of Franklin High Yield Corporate ETF stock opened at $24.27 on Friday. The company’s 50 day simple moving average is $24.21 and its two-hundred day simple moving average is $24.01. About Franklin High Yield Corporate ETF The Franklin High Yield Corporate ETF (FLHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed portfolio of global high-yield corporate debt. The fund seeks high current income, with capital appreciation as a secondary goal. FLHY was launched on May 30, 2018 and is managed by Franklin Templeton. Read More Want to see what other hedge funds are holding FLHY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Franklin High Yield Corporate ETF ( BATS:FLHY – Free Report ). Receive News & Ratings for Franklin High Yield Corporate ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin High Yield Corporate ETF and related companies with MarketBeat.com's FREE daily email newsletter .None
Miguel Tomley scores 28 to lead Weber State over Pepperdine 68-53 at Arizona Tip-Off
Erin Levi Tracing a medieval trade route through the Swiss Alps and valleys, the GoldenPass Express isn’t just one of the world’s most scenic train rides; it’s an engineering marvel. As I sink into the plush, cream-coloured leather recliner, a glass of Champagne in hand and hiking boots raised, I’m ready for a three-hour spectacle where nature takes centre stage. But the stage isn’t just in front of me – it’s all around. I’m not in a theatre; I’m in Switzerland aboard the GoldenPass Express: a state-of-the-art panoramic train where floor-to-ceiling windows reveal stunning views of the Swiss countryside – from turquoise lakes that mirror towering mountain peaks to rolling meadows dotted with storybook chalets – that rival the grandest cinematic experiences. Sitting in the nine-seat Prestige Class carriage in a specially designed heated, swivelling chair feels both private and personal – as if I’ve got the snowcapped Alps, wildflower-laced pastures and bell-adorned cows to myself. Opened in December 2022 and fully relaunched in June 2023 after addressing problems with track wear, The GoldenPass Express (GPX) is one of Europe’s newest (and most luxurious) high-tech trains. Its 115km journey follows a medieval trade route connecting Interlaken’s glaciers to Montreux’s terraced vineyards, and thanks to a technological innovation, the GPX allows travellers to take one of the world’s most scenic train routes without transferring, as passengers did previously. The GPX is one of five premium panoramic trains within the Swiss Travel System. Individual tickets range from 56-145 Swiss francs (roughly £50-130). It’s also included in the Swiss Travel Pass (starting from 244 Swiss francs – roughly £219 – and children under 16 ride free of charge) which offers unlimited access to all public transportation (trains, trams, buses and passenger ferries), 50% off mountain railways and gondolas, and free admission to more than 500 museums. The train’s midnight-blue exterior and classic design evoke the bygone era of the original Orient Express that still connects Paris to Istanbul. Inside, the interior is crisp and cutting-edge, the Prestige Class specially designed chairs are by Ferrari-designer firm Pininfarina and are the only such rail seats in Europe. Need lower back support? There’s a button for that. Tired feet? Elevate your legs. Feeling chilly? Just press the seat warmer. Want a different view? Simply pivot your seat to face the direction of your choice. Just don’t fall asleep! But what truly sets the GPX apart from other luxury trains is something you can’t see: it can seamlessly jump between tracks of different gauges and voltages. Built by Montreux-Oberland-Bernois Railway (MOB) in collaboration with BLS AG (BLS) in Bern, the train winds its way down from the heights of the Bernese Alps, passing the luxurious town of Gstaad, beloved by A-listers for its exclusivity and isolation, and Château d’Oex, famous for its hot air balloon festival (25 January-2 February 2025), before snaking through vineyards as it makes its dramatic descent towards the Vaudois Riviera. Finally, it reaches sun-soaked Montreux, where palms sway on the glistening shores of Lake Geneva. In 1905, when MOB set out to build the GoldenPass line, the aim was to connect Francophone Montreux to German-speaking Interlaken – two big touristic and economic hubs – with a single trainline. But somewhere along the way, MOB noticed the rail wasn’t the same width; the gauges varied. It took 120 years to find a system bridging the gap. The world’s railroads use a patchwork of varying gauges – mainly broad, standard and narrow. Railway development lacked industry standards in the 19th Century, leading to varied gauges to suit terrain, transport purpose and political influences. This is one of the main reasons why we often need to change trains when we’re travelling. As Trains magazine senior editor David Lassen tells the BBC, “countries slow to settle on a single gauge paid the price with operating challenges”. Case in point: Switzerland. The idea of directly connecting Lake Geneva to Lakes Thun and Brienz in Interlaken dates to the late 1800s. Since 1916, the Lucerne-Interlaken-Zweisimmen-Montreux route, known as the GoldenPass line, allowed travel between these destinations, but required two train changes because of the tracks’ differing gauges. In 1928, the concept of adding a third rail was discussed. “That would have required building tunnels,” said MOB product manager Fanny Moix. She explained that this was “technically impossible” because of a combination of bureaucracy and the complexity of building dual-gauge tracks through a busy, complicated junction. Still, as Interlaken Tourism markets manager Celina Finger maintains: “Changing trains is a huge hassle for tourists.” It’s also a reason why the GoldenPass line hasn’t been as popular as its panoramic counterparts, like the Glacier Express. Now, instead of requiring travellers to change trains in the middle of the journey, the GPX can make the three-hour-15-minute journey directly, thanks to the revolutionary “variable gauge bogie”. The technology, developed in 2022 after 15 years of research and costing 89m Swiss francs (£80m), was publicly funded by the cantons of Vaud, Bern, Freiburg and the Swiss Confederation. This innovation facilitates seamless transitions between narrow and standard gauges and voltage changes within seconds, effectively enabling a train to jump tracks while moving. It’s a groundbreaking new standard in rail travel – not just in Switzerland, but globally. “[The GPX] is a link to our past and our future,” said Frédéric Delachaux, MOB marketing director, explaining that it realises the centuries-old dream of linking Switzerland to Europe by rail via the Alps. As I made the historic journey for the first time, approaching Zweisimmen station, I hesitated to leave the comforts of my warm seat where I was nibbling on local cheeses (there is no full-service dining on board but there are local snack options). I stretched my legs and peered out the window as we briefly paused for the locomotive change, which allows the train to adapt to the electrical voltage change. A few minutes later, we were travelling towards Schönried, a ski resort town neighbouring Gstaad, and as the train carried on, I barely felt a thing. Meanwhile, as the train’s elevation shifted ever so slightly (rising about 200 mm) to accommodate the gauge attrition and platform height, an engineering marvel was happening right below my feet – even if only a discerning train aficionado would notice it. “It’s a big frustration for us in marketing because you don’t feel anything!” lamented Delachaux. Perhaps the engineers did too good a job. Because of this, the gauge change is displayed on a screen to passengers as it’s happening. While there are other trains in France and Japan that can move a few centimetres, “this is the only train in the world that moves 43cm”, said Delachaux. It’s perhaps no surprise that the Swiss were able to pull off this engineering feat. Living in a landlocked nation that’s 70% mountainous and filled with some 1,500 lakes, people here have long had to negotiate the obstacles posed by their challenging terrain – and along the way, exemplified a certain determination and ingenuity that is decidedly Swiss. As Clarence Rook wrote in his 1907 book Switzerland and Its People: “There are bigger mountains in the world than may be found in Switzerland. But you will nowhere find in so small a space so many triumphs of engineering. The Swiss roads and railways stand as a monument to the victory of human skill over physical obstacles.” Courtesy: BBCHillary Clinton Considering Running For President In 2028? Here's What We Know
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Arsenal: New theory behind Gabriel goal celebration emerges after Viktor Gyokeres revenge claimsAdvisors Asset Management Inc. trimmed its holdings in Franklin High Yield Corporate ETF ( BATS:FLHY – Free Report ) by 47.9% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 4,727 shares of the company’s stock after selling 4,354 shares during the quarter. Advisors Asset Management Inc.’s holdings in Franklin High Yield Corporate ETF were worth $116,000 at the end of the most recent reporting period. A number of other institutional investors also recently modified their holdings of FLHY. US Bancorp DE lifted its stake in shares of Franklin High Yield Corporate ETF by 126.3% during the third quarter. US Bancorp DE now owns 6,808 shares of the company’s stock valued at $166,000 after acquiring an additional 3,800 shares during the period. Traynor Capital Management Inc. bought a new stake in shares of Franklin High Yield Corporate ETF during the second quarter worth approximately $210,000. Diversified LLC acquired a new position in Franklin High Yield Corporate ETF in the second quarter valued at approximately $211,000. Atria Investments Inc bought a new position in Franklin High Yield Corporate ETF in the third quarter valued at approximately $223,000. Finally, Williams & Novak LLC acquired a new stake in Franklin High Yield Corporate ETF during the 2nd quarter worth $319,000. Franklin High Yield Corporate ETF Price Performance Shares of Franklin High Yield Corporate ETF stock opened at $24.27 on Friday. The company’s 50 day simple moving average is $24.21 and its two-hundred day simple moving average is $24.01. About Franklin High Yield Corporate ETF The Franklin High Yield Corporate ETF (FLHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed portfolio of global high-yield corporate debt. The fund seeks high current income, with capital appreciation as a secondary goal. FLHY was launched on May 30, 2018 and is managed by Franklin Templeton. Read More Want to see what other hedge funds are holding FLHY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Franklin High Yield Corporate ETF ( BATS:FLHY – Free Report ). Receive News & Ratings for Franklin High Yield Corporate ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin High Yield Corporate ETF and related companies with MarketBeat.com's FREE daily email newsletter .
Finding top artificial intelligence (AI) stocks to buy right now is not a simple endeavor. Many AI stocks have boomed amid the release of a vastly improved version of ChatGPT in early 2023. Due to that growth, stocks like Nvidia and Palantir experienced outsized increases over a short period. Those increases may leave investors wondering what to buy now. Fortunately, even if finding the "best" AI stocks is elusive, we can assume AI will probably drive stock gains for years to come, meaning investors have not missed out. Under current conditions, these two stocks are likely to become leaders in AI and bring their shareholders significant gains. Qualcomm Amid the AI-driven gains in many stocks, investors seem to have forgotten about Qualcomm ( QCOM -0.81% ) . Indeed, the smartphone chipset leader has suffered as the 5G upgrade cycle has run its course. Additionally, Apple has worked for years to develop a 5G modem chipset that can run its iPhone. After years of throwing in the towel and extending its contract with Qualcomm, Apple appears ready to end the supply agreement after 2026. Nonetheless, Qualcomm has advanced AI in its chipsets beginning with the Snapdragon 8 Gen 3, which incorporates AI capabilities into smartphones. That and the upcoming Snapdragon 8 Gen 4 could lead to another upgrade cycle. Moreover, Qualcomm has prepared for years for the day when smartphone chipsets will become a less reliable revenue source. To that end, it has built businesses in the Internet of Things, automotive, and, more recently, entered the PC business. These moves have helped growth turn positive again as the $39 billion in revenue generated in fiscal 2024 (ended Sept. 29) rose 9% compared to year-ago levels. During that time, Qualcomm curtailed increases in costs and expenses, allowing net income of $10 billion in the fiscal year to rise by 40% yearly. For now, analysts forecast that revenue growth will stay in the 9% range for fiscal 2025. However, with the stock selling at a P/E ratio of just 17, investors may be overreacting to its slower growth rate, especially considering AMD 's earnings multiple of 109. Also, Apple sells at 42 times earnings, and even its primary manufacturer, Taiwan Semiconductor Manufacturing , trades at a 31 P/E ratio. This implies Qualcomm stock could rise from multiple expansion alone. Also, given that Qualcomm anticipates lost business from Apple, the company has figured that into its fiscal 2025 estimates. Such an assumption likely sets up Qualcomm stock to surprise to the upside, meaning investors should profit as the company continues its growth. Alphabet Another tech company underappreciated for its AI is Google's parent company Alphabet ( GOOGL -1.45% ) ( GOOG -1.55% ) . This might seem surprising for a company that has incorporated AI in its applications since 2001. Still, the emergence of ChatGPT presents Google Search with its most serious competitive threat in years. Also, the release of its own generative AI product, Google Gemini, has not stemmed fears that the lost search business will hamper its lucrative advertising business. However, investors should not ignore Alphabet's vast resources and innovation. Currently, it holds a staggering $93 billion in liquidity . That is down from $111 billion at the end of 2023, but the Google parent now funds a dividend and has made significant investments in research and development, setting the stage for a possible resurgence. That investment not only includes AI but also spending on a technology that could supercharge AI, quantum computing. To this end, Alphabet just released its Willow quantum computing chip. Quantum computing could redefine the computing industry. Instead of holding a zero or one value like a traditional data bit, qubits, or quantum bits, process zeroes and ones simultaneously, exponentially increasing computing speeds. Willow is so fast that it performed a computation in under five minutes that a traditional computer could not perform in the entire history of the universe. Additionally, Willow made breakthroughs in addressing the error-prone nature of quantum chips. Instead of error rates rising as the number of qubits increases, Willow can reduce errors as the number of qubits grows. This addresses a key obstacle to making quantum computing technology viable. Also, for all the worries about the company, Alphabet generated $62 billion in free cash flow in the first nine months of 2024 alone. That cash gives the company considerable flexibility to continue innovating. Furthermore, Alphabet's P/E ratio of 25 gives it the lowest earnings multiple of the " Magnificent Seven " stocks. That valuation is less likely to stay at that level as more investors recognize the company's ability to move beyond Google Search.
There is about to be an outbreak of lawfulness in the United States, and Democrats and the press can’t handle it. President-elect Donald Trump’s talk of “mass deportation” i s being treated as a clear and present danger to the American order that blue jurisdictions need to mobilize to stop. Gov. J.B. Pritzker of Illinois has vowed, “I am going to do everything that I can to protect our undocumented immigrants.” Denver Mayor Mike Johnston talked of a lurid fantasy where there’d be a “Tiananmen Square moment,” with the Denver police and civilian population confronting federal immigration authorities. He subsequently admitted that invoking a historic massacre wasn’t so apt. He still says he’s willing to go to jail to oppose anything that is “illegal or immoral or un-American.” How about something that is mandated by law? Deportation is explicitly authorized in federal statute and is a legitimate, necessary tool of immigration enforcement. It is a symptom of how perverse the immigration debate has become that it is treated as the norm to allow millions of people to defy our laws, but it’s a five-alarm fire if an incoming US president vows to get serious about enforcing those same laws. If mass deportation is a hateful notion for Trump’s opponents, maybe the Biden administration shouldn’t have allowed a mass illegal influx. Given the scale of the problem that he is seeking to address, Trump’s rhetoric is appropriately extravagant. It makes sense, though, to think of his impending deportation program as broadly consistent with enforcement as it existed in the decades prior to Joe Biden’s presidency. As Andrew Arthur of the Center for Immigration Studies points out, 316,000 aliens were removed or returned in fiscal year 2014 under President Barack Obama before collapsing to 28,000 in fiscal year 2022 under President Biden. It wasn’t until toward the end of his presidency that Obama began to restrict ICE, while Biden set out to kneecap interior enforcement at the outset. He created a host of new rules to protect aliens from enforcement action and defined swathes of cities off limits to ICE. Clearly with an eye to the election, the administration bumped up removals and returns to more than 200,000 in fiscal year 2024. If Biden could increase deportations several times over without unleashing the immigration gestapo, why can’t Trump also increase them several times over without creating a dystopia? As a practical matter, there’s a limit to what can be done. ICE Enforcement and Removal Operations has only about 6,000 officers. Even with all the political backing in the world, they aren’t going to be able to find and deport the roughly 8 million illegal aliens admitted under Biden. Realizing this, Trump’s choice as border czar, Tom Homan, says his first priority will be removing criminal aliens and national-security threats. This is what Trump did the first time around — the majority of arrests in the first administration were of aliens with criminal records or pending charges. The next logical priority would be to target the 1.3 million aliens who have already been ordered deported but are still in the country. Will Gov. Pritzker also seek to protect “his” undocumented immigrants who are defying explicit court orders? Trump talks of the military assisting in mass deportations, which his critics assume will involve the 101st going door-to-door in Los Angeles. Actually, the military has already been involved in various forms of logistical support of immigration enforcement. Surely, this will be the nature of its role again. Despite all the fear-mongering about it, most people know that Trump’s deportation program is a response to a crisis that wasn’t of his making and that the vast majority of people never wanted. In a new CBS News Poll, 57% of people say that they support Trump starting a program to deport all illegal immigrants in the United States. Unlike Trump’s enemies, the public doesn’t fear enforcement of immigration laws that have been systematically ignored for much too long. Twitter: @RichLowry