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Facebook Twitter WhatsApp SMS Email Print Copy article link Save Jonah Goldberg Among elites across the ideological spectrum, there's one point of unifying agreement: Americans are bitterly divided. What if that's wrong? What if elites are the ones who are bitterly divided while most Americans are fairly unified? History rarely lines up perfectly with the calendar (the "sixties" didn't really start until the decade was almost over). But politically, the 21st century neatly began in 2000, when the election ended in a tie and the color coding of electoral maps became enshrined as a kind of permanent tribal color war of "red vs. blue." Elite understanding of politics has been stuck in this framework ever since. Politicians and voters have leaned into this alleged political reality, making it seem all the more real in the process. I loathe the phrase "perception is reality," but in politics it has the reifying power of self-fulfilling prophecy. People are also reading... Margaret Atwood OSU event altered over threats The real reason Corvallis' Pastega Lights moved to Linn County Tree farm fiasco has Corvallis homelessness under microscope Commentary: Gulbranson shows he should be starter in thrilling win over Cougars Head-on crash on Highway 228 kills 1, injures 2 Philomath woman suspected in Eugene Airport bomb scare Strike over: Benton County, union reach tentative deal American flag thrown by driver fleeing Benton County deputies Sweet Home man sentenced for crash that injured his daughter In trying to flee, suspect accused of driving over Albany police officer How is the OSU grad strike impacting students? Corvallis man gets prison for armed robbery case Corvallis homes in on layout options for a new government center UPDATED: Feds halt drawdown at Green Peter Reservoir after local cities complain OSU women's basketball: Ferreira brings versatility to the Beavers' lineup Like rival noble families in medieval Europe, elites have been vying for power and dominance on the arrogant assumption that their subjects share their concern for who rules rather than what the rulers can deliver. Gobble up these 14 political cartoons about Thanksgiving Political cartoonists from across country draw up something special for the holiday In 2018, the group More in Common published a massive report on the "hidden tribes" of American politics. The wealthiest and whitest groups were "devoted conservatives" (6%) and "progressive activists" (8%). These tribes dominate the media, the parties and higher education, and they dictate the competing narratives of red vs. blue, particularly on cable news and social media. Meanwhile, the overwhelming majority of Americans resided in, or were adjacent to, the "exhausted majority." These people, however, "have no narrative," as David Brooks wrote at the time. "They have no coherent philosophic worldview to organize their thinking and compel action." Lacking a narrative might seem like a very postmodern problem, but in a postmodern elite culture, postmodern problems are real problems. It's worth noting that red vs. blue America didn't emerge ex nihilo. The 1990s were a time when the economy and government seemed to be working, at home and abroad. As a result, elites leaned into the narcissism of small differences to gain political and cultural advantage. They remain obsessed with competing, often apocalyptic, narratives. That leaves out most Americans. The gladiatorial combatants of cable news, editorial pages and academia, and their superfan spectators, can afford these fights. Members of the exhausted majority are more interested in mere competence. I think that's the hidden unity elites are missing. This is why we keep throwing incumbent parties out of power: They get elected promising competence but get derailed -- or seduced -- by fan service to, or trolling of, the elites who dominate the national conversation. There's a difference between competence and expertise. One of the most profound political changes in recent years has been the separation of notions of credentialed expertise from real-world competence. This isn't a new theme in American life, but the pandemic and the lurch toward identity politics amplified distrust of experts in unprecedented ways. This is a particular problem for the left because it is far more invested in credentialism than the right. Indeed, some progressives are suddenly realizing they invested too much in the authority of experts and too little in the ability of experts to provide what people want from government, such as affordable housing, decent education and low crime. The New York Times' Ezra Klein says he's tired of defending the authority of government institutions. Rather, "I want them to work." One of the reasons progressives find Trump so offensive is his absolute inability to speak the language of expertise -- which is full of coded elite shibboleths. But Trump veritably shouts the language of competence. I don't mean he is actually competent at governing. But he is effectively blunt about calling leaders, experts and elites -- of both parties -- stupid, ineffective, weak and incompetent. He lost in 2020 because voters didn't believe he was actually good at governing. He won in 2024 because the exhausted majority concluded the Biden administration was bad at it. Nostalgia for the low-inflation pre-pandemic economy was enough to convince voters that Trumpian drama is the tolerable price to pay for a good economy. About 3 out of 4 Americans who experienced "severe hardship" because of inflation voted for Trump. The genius of Trump's most effective ad -- "Kamala is for they/them, President Trump is for you" -- was that it was simultaneously culture-war red meat and an argument that Harris was more concerned about boutique elite concerns than everyday ones. If Trump can actually deliver competent government, he could make the Republican Party the majority party for a generation. For myriad reasons, that's an if so big it's visible from space. But the opportunity is there -- and has been there all along. Goldberg is editor-in-chief of The Dispatch: thedispatch.com . Get opinion pieces, letters and editorials sent directly to your inbox weekly!Netflix defeats shareholder lawsuit over growth forecasts
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Victory Capital Management Inc. trimmed its position in shares of NeoGenomics, Inc. ( NASDAQ:NEO – Free Report ) by 7.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,403 shares of the medical research company’s stock after selling 2,071 shares during the period. Victory Capital Management Inc.’s holdings in NeoGenomics were worth $360,000 at the end of the most recent reporting period. A number of other institutional investors and hedge funds also recently bought and sold shares of NEO. First Light Asset Management LLC grew its stake in shares of NeoGenomics by 14.5% in the 2nd quarter. First Light Asset Management LLC now owns 3,782,561 shares of the medical research company’s stock worth $52,464,000 after buying an additional 480,396 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of NeoGenomics by 7.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 3,324,624 shares of the medical research company’s stock worth $46,108,000 after purchasing an additional 217,687 shares during the period. American Century Companies Inc. boosted its stake in shares of NeoGenomics by 5.4% during the 2nd quarter. American Century Companies Inc. now owns 3,261,756 shares of the medical research company’s stock worth $45,241,000 after purchasing an additional 167,145 shares during the period. Sei Investments Co. boosted its stake in shares of NeoGenomics by 152.6% during the 2nd quarter. Sei Investments Co. now owns 263,761 shares of the medical research company’s stock worth $3,658,000 after purchasing an additional 159,350 shares during the period. Finally, Candriam S.C.A. boosted its stake in shares of NeoGenomics by 29.9% during the 2nd quarter. Candriam S.C.A. now owns 487,026 shares of the medical research company’s stock worth $6,755,000 after purchasing an additional 112,009 shares during the period. 98.50% of the stock is currently owned by institutional investors. NeoGenomics Price Performance NeoGenomics stock opened at $17.73 on Friday. The stock has a market cap of $2.28 billion, a price-to-earnings ratio of -29.07 and a beta of 1.19. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.99 and a quick ratio of 1.91. NeoGenomics, Inc. has a 1 year low of $12.77 and a 1 year high of $21.22. The firm has a 50-day moving average of $14.75 and a two-hundred day moving average of $14.91. Wall Street Analysts Forecast Growth A number of equities analysts recently commented on the stock. Needham & Company LLC reaffirmed a “buy” rating and set a $19.00 price target on shares of NeoGenomics in a research note on Wednesday, November 6th. Benchmark reaffirmed a “buy” rating and set a $18.00 price target on shares of NeoGenomics in a research note on Tuesday, September 24th. Nine analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $20.25. View Our Latest Analysis on NeoGenomics Insider Activity In related news, General Counsel Alicia C. Olivo sold 5,175 shares of the business’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $15.36, for a total transaction of $79,488.00. Following the completion of the transaction, the general counsel now owns 37,129 shares in the company, valued at $570,301.44. The trade was a 12.23 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link . Company insiders own 1.30% of the company’s stock. NeoGenomics Company Profile ( Free Report ) NeoGenomics, Inc operates a network of cancer-focused testing laboratories in the United States and the United Kingdom. It operates through Clinical Services and Advanced Diagnostics segments. The company offers testing services to hospitals, academic centers, pathologists, oncologists, clinicians, pharmaceutical companies, and clinical laboratories. Recommended Stories Five stocks we like better than NeoGenomics How Can Retail Investors Trade the Toronto Stock Exchange (TSX)? The Latest 13F Filings Are In: See Where Big Money Is Flowing How to Invest in Small Cap Stocks 3 Penny Stocks Ready to Break Out in 2025 The 3 Best Blue-Chip Stocks to Buy Now FMC, Mosaic, Nutrien: Top Agricultural Stocks With Big Potential Want to see what other hedge funds are holding NEO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NeoGenomics, Inc. ( NASDAQ:NEO – Free Report ). Receive News & Ratings for NeoGenomics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NeoGenomics and related companies with MarketBeat.com's FREE daily email newsletter .Social media start-up Bluesky is exploding as academics, journalist, and left-leaning politicians abandon Elon Musk ’s X in search of bluer skies. Now, the platform has surpassed Meta ’s Threads in user numbers, yet Threads still leads in app usage. According to data from Similarweb, app and website usage of Bluesky in the United States rose more than 500 percent following President-elect Donald Trump’s election win, raking in 3.5 million daily users. The platform still only has around 21.5 million users as of Nov. 22. “We’ve been growing by about a million users a day for several days,” Bluesky CEO Jay Graber told NPR on Monday. “It’s proving out the model that we thought would be the right approach to social [media]: Give people the tools to control their experience and they’ll have a better time.” ADVERTISEMENT The app, created by Twitter co-founder Jack Dorsey , debuted in 2019 as a desktop and app-based social network that operates similarly to X. Users can post text, videos and photos, reply to one another and share other users’ posts. The platform is now led by digital rights activist and software engineer Graber. Aside from the growing discontent among X users with Musk, Bluesky’s expansion has come partly from its “starter pack” feature that allows users to follow curated groups of accounts with the click of a button. This growth, however, has faltered due to repeated outages and glitches and concerns over its future success as a working business model. Still, prior to Nov. 5, Threads had five times more daily U.S. users than Bluesky. Now, the Meta run platform is only 1.5 times larger than its much smaller rival. Some have attributed the closing margin to Meta chief executive Mark Zuckerberg ’s decision to de-prioritize political content across its apps, including Facebook and Instagram. By contrast, Musk has curtailed content moderation on X since taking over the platform, leading to concerns about the spread of disinformation. The Tesla executive’s embrace of deregulation, his affiliation with Trump , and promotion of fringe theories prompted a first wave of user departures after the app was suspended in Brazil in September. The temporary ban coincided with Bluesky picking up 3 million new users that week. The X alternative added another 1.2 million users in the two days after Musk announced his app would allow blocked users to view posts by those who had blocked them. Since Trump’s election victory, however, several prominent businesses, celebrities, and journalists have publicly and officially left X, including Target, The Guardian , journalist Don Lemon , actor Bradley Whitford, and singer Barbra Streisand .
This Week in Web3: A Crypto-Friendly SEC, Stablecoins, and PaymentsKPP Advisory Services LLC increased its stake in Alphabet Inc. ( NASDAQ:GOOGL – Free Report ) by 2.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 13,457 shares of the information services provider’s stock after purchasing an additional 285 shares during the period. KPP Advisory Services LLC’s holdings in Alphabet were worth $2,232,000 as of its most recent filing with the SEC. Other hedge funds also recently modified their holdings of the company. Christopher J. Hasenberg Inc increased its position in shares of Alphabet by 75.0% in the second quarter. Christopher J. Hasenberg Inc now owns 140 shares of the information services provider’s stock worth $26,000 after purchasing an additional 60 shares during the period. Kings Path Partners LLC bought a new position in Alphabet in the second quarter valued at about $36,000. Denver PWM LLC bought a new position in Alphabet in the second quarter valued at about $41,000. Quarry LP bought a new position in Alphabet in the second quarter valued at about $53,000. Finally, Summit Securities Group LLC bought a new position in Alphabet in the second quarter valued at about $55,000. Institutional investors own 40.03% of the company’s stock. Insider Activity In other news, CEO Sundar Pichai sold 22,500 shares of the business’s stock in a transaction that occurred on Wednesday, September 4th. The stock was sold at an average price of $158.68, for a total transaction of $3,570,300.00. Following the completion of the sale, the chief executive officer now owns 2,137,385 shares in the company, valued at $339,160,251.80. The trade was a 1.04 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink . Also, CAO Amie Thuener O’toole sold 682 shares of the company’s stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $160.44, for a total value of $109,420.08. Following the sale, the chief accounting officer now owns 32,017 shares of the company’s stock, valued at $5,136,807.48. This trade represents a 2.09 % decrease in their position. The disclosure for this sale can be found here . Insiders sold a total of 206,795 shares of company stock worth $34,673,866 over the last quarter. 11.55% of the stock is currently owned by corporate insiders. Wall Street Analysts Forecast Growth View Our Latest Research Report on GOOGL Alphabet Trading Down 0.2 % NASDAQ GOOGL opened at $168.95 on Friday. The company has a market cap of $2.07 trillion, a price-to-earnings ratio of 22.41, a P/E/G ratio of 1.20 and a beta of 1.03. Alphabet Inc. has a 52 week low of $127.90 and a 52 week high of $191.75. The business has a 50 day moving average price of $168.47 and a 200-day moving average price of $170.33. The company has a quick ratio of 1.95, a current ratio of 1.95 and a debt-to-equity ratio of 0.04. Alphabet ( NASDAQ:GOOGL – Get Free Report ) last released its quarterly earnings data on Tuesday, October 29th. The information services provider reported $2.12 EPS for the quarter, beating the consensus estimate of $1.83 by $0.29. The firm had revenue of $88.27 billion during the quarter, compared to the consensus estimate of $72.85 billion. Alphabet had a return on equity of 31.66% and a net margin of 27.74%. During the same quarter in the previous year, the company posted $1.55 earnings per share. As a group, equities analysts expect that Alphabet Inc. will post 8.01 earnings per share for the current fiscal year. Alphabet Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Monday, December 9th will be issued a dividend of $0.20 per share. The ex-dividend date is Monday, December 9th. This represents a $0.80 annualized dividend and a dividend yield of 0.47%. Alphabet’s dividend payout ratio is 10.61%. Alphabet Company Profile ( Free Report ) Alphabet Inc offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. Further Reading Want to see what other hedge funds are holding GOOGL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alphabet Inc. ( NASDAQ:GOOGL – Free Report ). Receive News & Ratings for Alphabet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alphabet and related companies with MarketBeat.com's FREE daily email newsletter .BIG TEN THIS WEEK
CHARLOTTE, N.C., Dec. 04, 2024 (GLOBE NEWSWIRE) -- Prenetics Global Limited, PRE ("Prenetics" or the "Company"), a leading health sciences company, today announced that members of the Prenetics management team will participate in two upcoming investor conferences. iAccess Alpha Virtual Best Ideas Winter Conference 2024 Date: December 10-11, 2024 Location: Virtual Presentation: December 10, 2024 at 10:00am ET Webcast: https://www.webcaster4.com/Webcast/Page/3074/51539 Danny Yeung, Chief Executive Officer, will deliver a presentation on December 10, 2024, and will be joined by Stephen Lo, Chief Financial Officer, and David Vanderveen, President of Prenetics Americas, for one-on-one investor meetings to be held on December 11, 2024. 13th Annual ROTH Deer Valley Event Date: December 11-13, 2024 Location: Park City, UT David Vanderveen, President of Prenetics Americas, will be hosting one-on-one investor meetings throughout the conference. Mr. Vanderveen has had a successful 30-year track record in beverage, nutrition, and technology, leading disruptive change at both Nirvana Water Sciences and XS Worldwide as prior CEO. For more information or to schedule a meeting with management, please contact the Company's investor relations at PRE@mzgroup.us . About Prenetics Prenetics PRE , a leading health sciences company, is dedicated to advancing consumer and clinical health. Our consumer initiative is led by IM8, a new health and wellness brand and Europa, one of the largest sports distribution companies in the USA. Our clinical division is led by Insighta, our $200 million venture focused on multi-cancer early detection technologies. This is followed by ACT Genomics, which has achieved FDA clearance for comprehensive genomic profiling of solid tumors, and CircleDNA, which uses NGS to offer comprehensive DNA tests. Each of Prenetics' units synergistically enhances our global impact on health, embodying our commitment to ‘enhancing life through science'. To learn more about Prenetics, please visit www.prenetics.com . Investor Relations Contact: investors@prenetics.com PRE@mzgroup.us Angela Cheung Investor Relations / Corporate Finance Prenetics Global Limited angela.hm.cheung@prenetics.com © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Meridian Investment Counsel Inc. lowered its holdings in shares of Alphabet Inc. ( NASDAQ:GOOGL – Free Report ) by 5.6% during the 3rd quarter, Holdings Channel.com reports. The firm owned 4,312 shares of the information services provider’s stock after selling 255 shares during the quarter. Meridian Investment Counsel Inc.’s holdings in Alphabet were worth $715,000 at the end of the most recent quarter. Several other institutional investors and hedge funds also recently made changes to their positions in the business. International Assets Investment Management LLC boosted its position in Alphabet by 43,005.6% during the 3rd quarter. International Assets Investment Management LLC now owns 18,743,594 shares of the information services provider’s stock valued at $31,086,250,000 after buying an additional 18,700,111 shares during the period. SG Americas Securities LLC boosted its position in Alphabet by 587.4% during the 3rd quarter. SG Americas Securities LLC now owns 10,690,326 shares of the information services provider’s stock valued at $1,772,991,000 after buying an additional 9,135,056 shares during the period. Assenagon Asset Management S.A. boosted its position in Alphabet by 116.4% during the 3rd quarter. Assenagon Asset Management S.A. now owns 8,670,225 shares of the information services provider’s stock valued at $1,437,957,000 after buying an additional 4,662,809 shares during the period. Wulff Hansen & CO. boosted its position in Alphabet by 18,810.2% during the 2nd quarter. Wulff Hansen & CO. now owns 4,434,260 shares of the information services provider’s stock valued at $807,700,000 after buying an additional 4,410,811 shares during the period. Finally, PineStone Asset Management Inc. boosted its position in Alphabet by 143.7% during the 2nd quarter. PineStone Asset Management Inc. now owns 7,072,197 shares of the information services provider’s stock valued at $1,288,201,000 after buying an additional 4,170,229 shares during the period. Institutional investors own 40.03% of the company’s stock. Alphabet Stock Performance Shares of GOOGL stock opened at $168.95 on Friday. The company has a 50 day moving average price of $168.47 and a 200-day moving average price of $170.33. Alphabet Inc. has a 52 week low of $127.90 and a 52 week high of $191.75. The firm has a market capitalization of $2.07 trillion, a PE ratio of 22.41, a P/E/G ratio of 1.20 and a beta of 1.03. The company has a quick ratio of 1.95, a current ratio of 1.95 and a debt-to-equity ratio of 0.04. Alphabet Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Monday, December 9th will be paid a $0.20 dividend. The ex-dividend date is Monday, December 9th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.47%. Alphabet’s dividend payout ratio is presently 10.61%. Analysts Set New Price Targets GOOGL has been the subject of several analyst reports. Morgan Stanley increased their price target on shares of Alphabet from $190.00 to $205.00 and gave the company an “overweight” rating in a research report on Wednesday, October 30th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $190.00 target price on shares of Alphabet in a research report on Wednesday, October 30th. Loop Capital raised their target price on shares of Alphabet from $170.00 to $185.00 and gave the stock a “hold” rating in a research report on Wednesday, November 6th. Tigress Financial raised their target price on shares of Alphabet from $210.00 to $220.00 and gave the stock a “strong-buy” rating in a research report on Thursday, September 26th. Finally, The Goldman Sachs Group dropped their target price on shares of Alphabet from $217.00 to $208.00 and set a “buy” rating for the company in a research report on Monday, October 14th. Seven equities research analysts have rated the stock with a hold rating, thirty-one have issued a buy rating and five have issued a strong buy rating to the company’s stock. According to MarketBeat.com, Alphabet has an average rating of “Moderate Buy” and a consensus price target of $205.90. Read Our Latest Analysis on GOOGL Insider Transactions at Alphabet In related news, CAO Amie Thuener O’toole sold 682 shares of the firm’s stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $160.44, for a total value of $109,420.08. Following the transaction, the chief accounting officer now owns 32,017 shares of the company’s stock, valued at approximately $5,136,807.48. This trade represents a 2.09 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link . Also, CEO Sundar Pichai sold 22,500 shares of the firm’s stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $176.67, for a total transaction of $3,975,075.00. Following the completion of the transaction, the chief executive officer now directly owns 2,061,806 shares in the company, valued at approximately $364,259,266.02. The trade was a 1.08 % decrease in their position. The disclosure for this sale can be found here . Insiders sold 206,795 shares of company stock worth $34,673,866 over the last three months. 11.55% of the stock is currently owned by company insiders. About Alphabet ( Free Report ) Alphabet Inc offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. See Also Want to see what other hedge funds are holding GOOGL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alphabet Inc. ( NASDAQ:GOOGL – Free Report ). Receive News & Ratings for Alphabet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alphabet and related companies with MarketBeat.com's FREE daily email newsletter .