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Incumbent Milanovic eyes Croatia's presidencySAN FRANCISCO (AP) — Apple is pumping more artificial intelligence into the latest iPhones during the holiday shopping season with a free software update that includes a feature that enables users to create customized emojis within a matter of seconds. The Wednesday release of the iPhone's upgraded operating system, iOS 18.2, extends Apple's expansion into AI months after rivals such as Samsung and Google began implanting the revolutionary technology on their devices. The update builds upon another one that came out in late October to usher in the AI era for Apple and the iPhone, as well as for the iPad and Mac.
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Ange Postecoglou searching for answers over Tottenham’s injury crisisBarclays PLC lifted its position in shares of AdvanSix Inc. ( NYSE:ASIX – Free Report ) by 319.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 42,952 shares of the company’s stock after purchasing an additional 32,706 shares during the period. Barclays PLC owned 0.16% of AdvanSix worth $1,305,000 as of its most recent filing with the Securities and Exchange Commission. Several other hedge funds have also added to or reduced their stakes in ASIX. Bank of New York Mellon Corp raised its stake in AdvanSix by 2.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 359,377 shares of the company’s stock worth $8,237,000 after purchasing an additional 7,925 shares in the last quarter. Allspring Global Investments Holdings LLC bought a new position in shares of AdvanSix during the second quarter worth approximately $51,000. Acadian Asset Management LLC bought a new position in shares of AdvanSix during the second quarter worth approximately $36,000. Texas Permanent School Fund Corp raised its position in shares of AdvanSix by 19.4% in the second quarter. Texas Permanent School Fund Corp now owns 27,990 shares of the company’s stock valued at $642,000 after buying an additional 4,556 shares in the last quarter. Finally, American Century Companies Inc. boosted its stake in shares of AdvanSix by 5.4% in the second quarter. American Century Companies Inc. now owns 593,834 shares of the company’s stock valued at $13,611,000 after buying an additional 30,500 shares during the period. 86.39% of the stock is owned by institutional investors and hedge funds. Analysts Set New Price Targets Several equities analysts have weighed in on ASIX shares. Piper Sandler lifted their price objective on AdvanSix from $35.00 to $39.00 and gave the company an “overweight” rating in a report on Friday, November 8th. StockNews.com upgraded AdvanSix from a “hold” rating to a “buy” rating in a research report on Wednesday, December 4th. AdvanSix Price Performance ASIX stock opened at $28.16 on Friday. The company has a market capitalization of $752.74 million, a P/E ratio of 19.97 and a beta of 1.73. The company has a fifty day moving average price of $30.18 and a 200-day moving average price of $28.19. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.62 and a current ratio of 1.34. AdvanSix Inc. has a 52-week low of $20.86 and a 52-week high of $33.00. AdvanSix Announces Dividend The business also recently announced a quarterly dividend, which was paid on Tuesday, November 26th. Investors of record on Tuesday, November 12th were given a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 2.27%. The ex-dividend date of this dividend was Tuesday, November 12th. AdvanSix’s dividend payout ratio is currently 45.39%. Insiders Place Their Bets In other news, Director Donald P. Newman purchased 5,030 shares of the business’s stock in a transaction on Monday, November 18th. The shares were acquired at an average price of $29.64 per share, with a total value of $149,089.20. Following the completion of the transaction, the director now owns 5,030 shares of the company’s stock, valued at $149,089.20. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website . Also, CEO Erin N. Kane sold 5,000 shares of AdvanSix stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $30.28, for a total value of $151,400.00. Following the completion of the transaction, the chief executive officer now directly owns 522,795 shares of the company’s stock, valued at approximately $15,830,232.60. This trade represents a 0.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here . In the last three months, insiders have sold 15,369 shares of company stock valued at $474,058. 5.60% of the stock is currently owned by company insiders. About AdvanSix ( Free Report ) AdvanSix Inc engages in the manufacture and sale of polymer resins in the United States and internationally. It offers Nylon 6, a polymer resin, which is a synthetic material used to produce fibers, filaments, engineered plastics, and films. The company also provides caprolactam to manufacture polymer resins; ammonium sulfate fertilizers to distributors, farm cooperatives, and retailers; and acetone that are used in the production of adhesives, paints, coatings, solvents, herbicides, and engineered plastic resins, as well as other intermediate chemicals, including phenol, monoisopropylamine, dipropylamine, monoallylamine, alpha-methylstyrene, cyclohexanone, methyl ethyl ketoxime, acetaldehyde oxime, 2-pentanone oxime, cyclohexanol, sulfuric acid, ammonia, and carbon dioxide. See Also Five stocks we like better than AdvanSix What is a Death Cross in Stocks? Buffett Takes the Bait; Berkshire Buys More Oxy in December Do Real Estate Investment Trusts Deserve a Place in Your Portfolio? Top 3 ETFs to Hedge Against Inflation in 2025 Stock Trading Terms – Stock Terms Every Investor Needs to Know These 3 Chip Stock Kings Are Still Buys for 2025 Receive News & Ratings for AdvanSix Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AdvanSix and related companies with MarketBeat.com's FREE daily email newsletter .Hawaii, Louisiana top list of 10 worst states to work in 2024Stadiums, arenas and other venues for sports and live events are likely to follow airports as places that bring biometrics to the masses. New survey results show almost half of venues (47 percent) consider biometrics a top initiative for 2025. The Stadium Connectivity Outlook , supported by Verizon and Stadium Tech Report, also shows 37 percent of respondents already using for applications that include verification of credentials for staff and media entrances. That makes credentialing and authentication for access control the top category for biometric deployments, indicating increasing trust in face authentication and other systems. It is followed by ticketing and entry at 14 percent, premium or VIP seating at 8, and concessions at 7 percent. That final category would seem likely to curve steeply upward as technology enables cashless payments for food and merchandise purchases, age verification for , and other innovative biometric integrations that improve fan experience. Indeed, 58 percent of respondents have cashierless concessions tech on their roadmap for 2025, and a key takeaway is that “cashierless concessions, and walk-through security scanners are tops on venues’ technology deployment lists, while generative AI is also a growing focus.” Yet the survey notes that market growth may be leveling off, since 70 percent of venues have already adopted in some form. More than 50 percent of those have five or more cashierless checkout kiosks. Priority number one for venues is improved wireless access at venues. A of the paper in Stadium Tech Report highlights with biometric deployments across pro sports venues. “ has been the leader in this space, with customers like the Cleveland Browns, the Atlanta Falcons, the New York Mets and the Tennessee Titans among those using Wicket-based systems for ticket verification,” says the piece. “According to end users, the facial-authentication ticketing systems can be noticeably faster than traditional hand-held or kiosk-based ticket scanning of barcodes or NFC transactions.” Wicket is also the provider for the NFL’s league-wide program for media and staff access to on-field and other sensitive areas. It is now closing in on the college football market, with facial authentication deployments at The University of Florida’s last two home football games of the season at Ben Hill Griffin Stadium. It is the first university to go live with Wicket’s tech. Earlier in November, the company announced it has been named a Cool Vendor in the “2024 Gartner Cool Vendors in Event Technology Tools” report. In a release acknowledging the inclusion, Alastair Partington, CEO of Wicket, says “clients have seen a significant reduction in event check-in times, and event attendees consistently rank the process as one of the best event experiences.” The new Intuit Dome, home to the NBA’s Los Angeles Clippers, gets a nod from Stadium Tech Report as “probably the leader in the biometrics space,” ahead of the curve in offering an app that allows visitors to use facial authentication for ticketing as well as for concession and merchandise purchases. Per KCRW news, the is the “first to pair the latest in smartphone technology with facial recognition to interact with fans in real time.” It links a digital ticket to a user’s name, phone number, email address and zip code. Credit card info can be added for purchases, and users can upload a selfie for the venue’s facial recognition database. Fans who don’t have a smartphone will have to pick up a tappable wristband with the same capabilities. In other words, if you want to go to the Intuit Dome, you’re probably going to have to register your facial biometrics. Reporting from Front Office Sports “it’s nearly impossible to function around the arena without downloading the ‘LA Clippers + Intuit Dome’ mobile app.” Once you’re in the system, potential perks include personalized greetings when entering the Wall fan zone, where reaching a certain decibel level triggers a free digital coupon, as well as push reminders about parking. Not everyone is a fan of the digitized fan experience. Critics point to a society desensitized to and the risks that come with surrendering so much personal data. A notable example of misuse of the technology is the case of Radio City Music Hall and in New York City, which has used to bar access to attorneys involved in lawsuits against its parent company, Madison Square Garden Entertainment. Still, a grim reality in the current moment is that increases in global conflict are likely to eventually spur a rise in terrorism, in which have been used as targets in the past. (Think of the security incidents at the Arianna Grande concert in Manchester or the Bataclan in Paris.) , a firm that provides real-time AI facial recognition monitoring of existing security camera feeds, cites numbers from the National Center for Spectator Sports Safety and Security showing that 69.3 percent of fans factor security into their decision to attend an event. Many fans are willing to pay extra for increased security protocols. In a recent appearance on the Innovation Obsessed , Matt Plantier and Patrick Welsh from Oosto discuss the critical importance of getting it right on safety. Plantier says unauthorized access is the biggest problem in the stadium space, citing a recent instance in which someone impersonated a security guard to try and gain access to a concert. Emergency mustering is also a worry: in the event of a fire or crisis, how to get people out and make sure everyone is accounted for. Welsh points to problems at the recent Copa America mishap where a choke-point led to chaos, due in part to unauthorized individuals accessing the venue. Oosto advocates for a proactive approach that identifies individuals of concern before they reach the venue perimeter, via AI-assisted in transit systems, Uber drop-off zones, parking lots and other potential risk points in the total fan journey. In Ooosto’s system, “skilled personnel who can spot potential threats and respond effectively” work hand in hand with tools like facial recognition, and body and behavior detection. “You have information,” says Welsh. “Now make it actionable.” | | | | | |
In a staggering turn of events, billionaire investor Stan Druckenmiller has diverted his focus from Nvidia, the tech giant reaping benefits from the artificial intelligence surge, to Broadcom, signaling a noteworthy shift in market strategies. Nvidia’s Phenomenal Growth Nvidia has seen its stock price catapult by an incredible 895% since 2022, fueled by its advancements in AI-powered GPUs. The company’s prowess in artificial intelligence applications has made it a darling on Wall Street, with expectations of continued expansion driving the hype around its stocks and boosting its market capitalization. Druckenmiller’s Surprising Choice Contrary to the prevailing enthusiasm for Nvidia, Druckenmiller, a well-regarded former hedge fund manager, decided to sell all his Nvidia shares in the third quarter. Instead, he has shifted his investment focus to Broadcom, another prominent chipmaker entering the AI market. By introducing AI-based chips with competitive margins, Broadcom has caught the billionaire’s interest, now ranking among the top-15 in his portfolio. Broadcom: The Rising Star? As Broadcom fortifies its AI offerings, investor interest has surged, causing its stock value to climb significantly. Druckenmiller’s move has aroused curiosity on Wall Street, with many questioning whether he holds insights that could reshape investment strategies in the tech sector. Druckenmiller’s actions have led to speculation about the future of chipmaking and AI investments, challenging investors to rethink which companies might dominate this high-stakes industry. Is Broadcom Poised to Eclipse Nvidia in the AI Race? The tech investment world is abuzz following a notable shift by billionaire Stan Druckenmiller, who recently redirected his investment focus from Nvidia to Broadcom. This strategic pivot prompts a deeper examination of emerging trends and potential shifts in the AI chip market landscape. Understanding the AI Chip Market Dynamics Nvidia, known for its skyrocketing 895% increase in stock price since 2022, has become synonymous with AI advancements, particularly in GPUs, which are a cornerstone for artificial intelligence applications. This meteoric rise is attributed to Nvidia’s consistent innovation and expansion in AI technology, making it a favorite among Wall Street investors. However, Stan Druckenmiller’s decision to sell his Nvidia shares and invest heavily in Broadcom has turned heads. This unexpected move highlights a potential new trajectory for investors looking at the expanding AI market. Let’s delve into why Broadcom has captured Druckenmiller’s attention and what this could mean for the broader industry. Broadcom’s AI Ambitions and Market Potential Broadcom has increasingly focused on entering and growing within the AI market by developing AI-based chips. These chips offer competitive margins, which may enhance Broadcom’s profitability and market appeal. As a result, Broadcom has witnessed a robust uptick in investor interest and significant stock appreciation. This strategic development positions Broadcom as a formidable player in the AI chip domain. Druckenmiller’s investment indicates a potential reevaluation of what constitutes a leading company in this high-stakes field. Broadcom’s leap into AI technology could signify its readiness to replicate Nvidia’s success or perhaps pioneer new advancements that address niche market needs or even broader applications. The Implications for Investors and Market Trends Druckenmiller’s strategic realignment has sparked speculation about future trends in AI investments and chipmaking. His moves encourage investors to reconsider existing paradigms and broaden their focus beyond traditional powerhouses like Nvidia. Broadcom’s positioning could mark the beginning of a more diversified marketplace, where several key players contribute to AI’s growth trajectory. Broader Industry Impacts and Insights If Broadcom continues its aggressive entry into the AI market, it might stimulate increased competition and innovation among chipmakers. This has the potential to drive advancements in technology, affecting everything from AI development speeds to cost structures—the implications of which could ripple across various sectors dependent on AI technology. Predictions and Future Outlook The investment shift suggests a possible future where Broadcom and similar companies could challenge or complement Nvidia’s dominance. While Nvidia remains a leader, Broadcom’s ambitions might introduce new dynamics that reshape market strategies and outcomes. Investors and tech enthusiasts alike should closely monitor these developments for further insights into the evolving AI landscape. Given the rapidly changing tech sector, these strategic movements underscore the importance of flexibility and foresight in investment strategies. Whether Broadcom will eclipse Nvidia or carve out a new niche remains to be seen, but Druckenmiller’s actions signal an exciting potential shift in the AI sector’s competitive landscape. For more information, visit: Broadcom
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The Biden administration has imposed sanctions on the founder of Georgia’s ruling political party, which has steered the country away from a pro-Western stance and towards Russia, US officials said. The US State and Treasury departments said they hit Georgian Dream party founder and honorary chairman Bidzina Ivanishvili with penalties “for undermining the democratic and Euro-Atlantic future of Georgia for the benefit of the Russian Federation”, according to a statement. The designation of Mr Ivanishvili is the latest in a series of sanctions the US has placed on Georgian politicians and others this year. Those sanctions include freezes on assets and properties those targeted may have in US jurisdictions or that might enter US jurisdictions as well as travel bans on the targets and members of their families. “We strongly condemn Georgian Dream’s actions under Ivanishvili’s leadership, including its ongoing and violent repression of Georgian citizens, protesters, members of the media, human rights activists, and opposition figures,” the State Department said in a statement. “The United States is committed to promoting accountability for those undermining democracy and human rights in Georgia.” Mr Ivanishvili is a billionaire who made his fortune in Russia and served briefly as Georgia’s prime minister. In 2012, he founded Georgian Dream, Georgia’s longtime ruling party. Critics have accused Georgian Dream of becoming increasingly authoritarian and tilted towards Moscow. The party recently pushed through laws similar to those used by the Kremlin to crack down on freedom of speech and LGBT+ rights, prompting the European Union to suspend Georgia’s membership application process indefinitely. In October, Georgian Dream won another term in a divisive parliamentary election that has led to more mass protests. Last month, the country’s prime minister, Irakli Kobakhidze, announced a four-year suspension of talks on Georgia’s bid to join the European Union, fuelling further public outrage.
Losing to older brother John Harbaugh and seeing the Los Angeles Chargers' four-game winning streak snapped Monday night might be the least of Jim Harbaugh's problems this week. The Chargers are holding their breath that running back J.K. Dobbins isn't seriously hurt after he left with a knee injury late in the first half of the Chargers’ 30-23 loss to the Baltimore Ravens . Harbaugh, who dislikes discussing injuries and eschews questions about any player's status with the tried and true “I'm not a doctor” answer, will get plenty of inquiries about Dobbins' health this week. There were no updates on Dobbins' status Tuesday. The Chargers return to practice on a short week before having to travel cross-country to Atlanta. After injuries derailed Dobbins' four years with the Ravens, the 2020 second-round pick decided to bet on himself by signing only a one-year deal with the Chargers. Though the first 10 1/2 games, the bet appeared to be paying off. Dobbins had 40 yards on six carries when he was wrenched backward by linebacker Malik Harrison and then gang-tackled on a play for no gain on third-and-1 at the 50-yard line. Dobbins is fourth in the AFC in rushing with 766 yards and averages 4.8 yards per carry, third highest among AFC backs with at least 100 carries. He has been considered among the candidates for AP Comeback Player of the Year after suffering a torn Achilles tendon in last season’s opener. Dobbins' production throughout the season has made the offense more balanced. Los Angeles had 14 rushes for 68 yards before he was injured. They had seven carries for 15 yards the rest of the game. Without Dobbins and a 14-13 deficit at halftime, the Chargers tried to count on Justin Herbert and the passing game to rally back. Herbert was 11 for 22 for 125 yards and sacked three times in the five drives after Dobbins' departure and didn't get back into the end zone until Gus Edwards' 1-yard run with 46 seconds remaining. Edwards will be counted on to be the lead back if Dobbins has to miss games. Edwards missed four games during the middle of the season because of an ankle injury and has 25 carries for 93 yards in three games since returning to the lineup. Hassan Haskins and rookie Kimani Vidal will be counted on to provide depth. “Obviously, I’m hoping J.K. is OK. Gus has been an awesome addition, being able to run and go and get some yards,” Herbert said. "We just got to stay with it. I think that offensive line has done a great job all year. It didn’t go our way today, but we’re going to keep pounding the ball and keep getting after it.” Dobbins' injury also could not come at a worse time for the Chargers. They are 7-4 and hold the sixth seed in the AFC, but have tough upcoming tests against playoff contenders Atlanta (6-5), Kansas City (10-1), Tampa Bay (5-6) and Denver (7-5) the next four weeks. Herbert on the run. Herbert has at four scrambles of at least 12 yards in the past five games and got his second rushing touchdown of the season on the opening drive with a 5-yard carry up the middle. Not giving up big-play touchdowns. Rashod Bateman's 40-yard touchdown late in the second quarter (which would have been pass interference on Kristian Fulton if it wasn't completed) marked the third straight game the Chargers allowed a passing TD of at least 40 yards. They had allowed only two in the first nine games. LB Joey Bosa had four tackles, his most since he had seven in Week 1 against the Raiders. Bosa missed three games earlier in the season because of a hip injury, but had only two tackles in the four games since his return until Monday night. WR Quentin Johnston is the second Chargers receiver since 2009 to be targeted at least five times and not have a catch according to Sportradar. Travis Benjamin also had five targets and no receptions against the Jets in 2017. Besides being held without a catch, Johnston had two critical drops during the second half. In addition to Dobbins, CB Eli Apple suffered a hamstring injury in the first half and did not return. CB Cam Hart was inactive because of an ankle injury and was in a walking boot. LB Denzel Perryman (groin) and TE Hayden Hurst (hip) were also inactive because of injuries. 57 — Points allowed by the Chargers in the past two games. They had given up 68 in their first five games after their bye week. 73 — Games it took for Herbert to reach 1,800 completions, tying him with Kansas City's Patrick Mahomes as the fastest players in NFL history to reach that mark. 6 — Games where Daiyan Henley has had double-digit tackles. The second-year linebacker had 10 tackles (four solo) on Monday night. The Chargers will make their second trip in three years to Atlanta on Sunday. They won the 2022 meeting in Week 9 when Cameron Dicker hit a 37-yard field goal on the last play of the game. Los Angeles is 2-0 against the NFC South this season and has a four-game winning streak against teams in the division. AP NFL: https://apnews.com/hub/NFLStock Music Market to Grow by USD 650.4 Million from 2023-2028, Report on AI Redefining Market Landscape - TechnavioHow to Watch the NBA Today, December 28