
Oakland's La Perla to Serve Final Puerto Rican Feast Before Relocation to Castro Valley
SGR-1505 by Schrodinger for Follicular Lymphoma: Likelihood of ApprovalWASHINGTON (AP) — The United States is expected to announce that it will send $1.25 billion in military assistance to Ukraine, U.S. officials said Friday, as the Biden administration pushes to get as much aid to Kyiv as possible before leaving office on Jan. 20. The large package of aid includes a significant amount of munitions, including for the National Advanced Surface-to-Air Missile Systems and the HAWK air defense system. It also will provide Stinger missiles and 155 mm- and 105 mm artillery rounds, officials said. The officials, who said they expect the announcement to be made on Monday, spoke on condition of anonymity to provide details not yet made public. The new aid comes as Russia has launched a barrage of attacks against Ukraine’s power facilities in recent days, although Ukraine has said it intercepted a significant number of the missiles and drones. Russian and Ukrainian forces are also still in a bitter battle around the Russian border region of Kursk, where Moscow has sent thousands of North Korean troops to help reclaim territory taken by Ukraine. Earlier this month, senior defense officials acknowledged that that the Defense Department may not be able to send all of the remaining $5.6 billion in Pentagon weapons and equipment stocks passed by Congress for Ukraine before President-elect Donald Trump is sworn in. Trump has talked about getting some type of negotiated settlement between Ukraine and Russia, and spoken about his relationship with Russian President Vladimir Putin . Many U.S. and European leaders are concerned that it might result in a poor deal for Ukraine and they worry that he won’t provide Ukraine with all the weapons funding approved by Congress. The aid in the new package is in presidential drawdown authority, which allows the Pentagon to take weapons off the shelves and send them quickly to Ukraine. This latest assistance would reduce the remaining amount to about $4.35 billion. Officials have said they hope that an influx of aid will help strengthen Ukraine’s hand, should Zelenskyy decide it’s time to negotiate. One senior defense official said that while the U.S. will continue to provide weapons to Ukraine until Jan. 20, there may well be funds remaining that will be available for the incoming Trump administration to spend. According to the Pentagon, there is also about $1.2 billion remaining in longer-term funding through the Ukraine Security Assistance Initiative, which is used to pay for weapons contracts that would not be delivered for a year or more. Officials have said the administration anticipates releasing all of that money before the end of the calendar year. If the new package is included, the U.S. has provided more than $64 billion in security assistance to Ukraine since Russia invaded in February 2022.
Being a successful investor requires just a few skills: knowing when to buy and knowing when to sell. Although it sounds simple, you'll have incredible returns if you're the best at both. There's one popular artificial intelligence (AI) stock that was a buy at the beginning of the year that has now moved into the sell category. That's Palantir ( PLTR 6.22% ) . Palantir has been an incredible success in 2024, with the stock price more than quadrupling. However, the stock has become disconnected from the business, and I think there's a high likelihood that it could come falling back down to earth in 2025. As a result, it's best that investors take their profits and run. Palantir's business is capitalizing on the AI arms race The unfortunate thing about Palantir's business and stock becoming disconnected is that it is doing incredibly well and will likely maintain that status quo throughout 2025 and beyond. Palantir's application-specific AI models aid their clients in decision-making and have found heavy usage in the commercial and government sectors. One of its newer products that has quickly emerged as one of its most popular is its Artificial Intelligence Platform (AIP). AIP allows its clients to build AI applications into their workflows rather than using it as a tool on the side. This allows businesses to control the data that gets plugged into these AI models rather than having it go to a third-party AI platform, which could present an issue when sensitive information that the government deals with is used. Since the AI arms race kicked off, Palantir's AI products have seen a surge in demand, which has translated into strong performance for the company. In Q3, Palantir's revenue rose 30% year over year to $726 million. U.S. clients spent more than their international counterparts, with U.S. commercial revenue rising 54% year over year to $179 million and U.S. government revenue rising 40% year over year to $320 million. Palantir is also solidly profitable, posting a profit margin of around 20% for the second straight quarter. PLTR Profit Margin (Quarterly) data by YCharts With just this information, it's understandable why Palantir has received a lot of investment interest. It's growing rapidly in an area that investors are focused on right now. Palantir is doing incredibly well as a business, and I predict strong results for 2025. The problem is that its stock has disconnected from these fundamental results. The stock and the business are disconnected As mentioned earlier, Palantir's stock is up by over 300%, yet its revenue growth is a tenth of that. As a result, the stock has become highly valued, trading at an unbelievable valuation. PLTR PS Ratio data by YCharts At 64.5 times sales , Palantir has eclipsed the highest level Nvidia traded at over the past three years (45 times sales). Despite significantly lower profit margins and far slower growth, it has done this. When Nvidia achieved that valuation, it tripled its revenue the following quarter. At Palantir's current growth rate (30%), it would take over four years to triple its revenue. No part of Palantir's valuation makes sense, which is unfortunate because the company is doing so well. Let's take a second to assess the absolute best-case scenario for Palantir. It would include these factors: Revenue growth accelerates to 40%. Profit margin rises from 20% to 30% to match software leader Adobe . It trades for 50 times trailing earnings. Effects of stock-based compensation are ignored (this is a terrible assumption, as Palantir's share count rose 3.5% this past year thanks to hefty stock-based compensation). If Palantir achieved these four items, the stock price would have to stay at its current level for over four years to achieve the 50 times trailing earnings valuation. All of these are extremely aggressive assumptions that likely won't come true, further illustrating how expensive Palantir's stock has become. As a result, I think there's a very high likelihood that Palantir's stock will crash sometime in 2025. There is just too much growth baked into the stock for its current growth levels, and investors will eventually decide to take profits en masse, which will cause the stock to struggle even if the business is doing well .
The New York Yankees will have another hole to fill in a now alarmingly thin lineup as two-time All-Star second baseman Gleyber Torres inked a one-year, $15 million contract with the Detroit Tigers . The 28-year-old Venezuelan debuted with the team in 2018 and immediately looked like one of the best middle infielders in the American league. Torres hit 62 home runs and tallied a 6.6 bWAR in his first two years in New York. Some of his production tailed off in recent years but he has remained a cog at the top of the Yankees batting order. Torres hit leadoff for the storied franchise in the 2024 playoffs ahead of mashers Juan Soto and Aaron Judge , tallying a .744 OPS in 58 at-bats. Key piece of Dodgers' World Series triumph to switch coasts in big-money move Mets make first major move after Juan Soto deal with $75m contract On the season, Gleyber produced a .257/.330/.378 triple-slash for a .709 OPS - the second-lowest mark of his career. The Tigers will hope he can tap into his pre-pandemic form. During the 2019 postseason, Torres mashed to the tune of a 1.078 OPS as he nearly single-handily carried New York to a World Series despite the dormant hitting of Judge. Speaking of Soto: the Yankees outfield signed a massive 15-year, $765 million deal with the crosstown New York Mets . The 26-year-old Dominican superstar finished third in the 2024 American League MVP voting and will be replaced in the 2025 New York lineup by Cody Bellinger. One option to replace Torres at second base would have been minor leaguer Caleb Durbin. However, he was flipped to the Milwaukee Brewers for closer Devin Williams. The Yankees may have to look outside the organization for middle-infield help. Meanwhile, the Tigers may find themselves overloaded in their infield - there won't be enough places for Torres, second baseman Colt Keith, third baseman Jace Jung, and first baseman Spencer Torkelson to all play. MLB.com reporter Chris Clegg reported on X that Torres will play second base for the Tigers in 2025 - despite his dwindling defensive numbers - while Keith will move to first base. Torkelson can't move to DH because that's where Kerry Carpenter, the team's best hitter, plays pretty much every day. Therefore, the former first-overall pick might be on the move. Torres gives the Tigers a much-needed right-handed bat - Fangraph's Roster Resource projects him to hit second in a lineup around lefties Parker Meadows, Riley Greene, and Carpenter (nicknamed "Kerry Bonds"). The 28-year-old left a goodbye post for Yankees fans. "Thank you," he wrote across social media. "The Yankees were my family since 2016. A simple boy from Venezuela with great aspirations to play in the most epic city in the world, the Yankees gave me all the love and support I needed to achieve my childhood dream. Wearing pinstripes was an honor for me and my family."WASHINGTON (AP) — The United States is expected to announce that it will send $1.25 billion in military assistance to Ukraine, U.S. officials said Friday, as the Biden administration pushes to get as much aid to Kyiv as possible before leaving office on Jan. 20. The large package of aid includes a significant amount of munitions, including for the National Advanced Surface-to-Air Missile Systems and the HAWK air defense system. It also will provide Stinger missiles and 155 mm- and 105 mm artillery rounds, officials said. The officials, who said they expect the announcement to be made on Monday, spoke on condition of anonymity to provide details not yet made public. The new aid comes as Russia has launched a barrage of attacks against Ukraine’s power facilities in recent days, although Ukraine has said it intercepted a significant number of the missiles and drones. Russian and Ukrainian forces are also still in a bitter battle around the Russian border region of Kursk, where Moscow has sent thousands of North Korean troops to help reclaim territory taken by Ukraine. Earlier this month, senior defense officials acknowledged that that the Defense Department may not be able to send all of the remaining $5.6 billion in Pentagon weapons and equipment stocks passed by Congress for Ukraine before President-elect Donald Trump is sworn in. Trump has talked about getting some type of negotiated settlement between Ukraine and Russia, and spoken about his relationship with Russian President Vladimir Putin . Many U.S. and European leaders are concerned that it might result in a poor deal for Ukraine and they worry that he won't provide Ukraine with all the weapons funding approved by Congress. The aid in the new package is in presidential drawdown authority, which allows the Pentagon to take weapons off the shelves and send them quickly to Ukraine. This latest assistance would reduce the remaining amount to about $4.35 billion. Officials have said they hope that an influx of aid will help strengthen Ukraine’s hand, should Zelenskyy decide it’s time to negotiate. One senior defense official said that while the U.S. will continue to provide weapons to Ukraine until Jan. 20, there may well be funds remaining that will be available for the incoming Trump administration to spend. According to the Pentagon, there is also about $1.2 billion remaining in longer-term funding through the Ukraine Security Assistance Initiative, which is used to pay for weapons contracts that would not be delivered for a year or more. Officials have said the administration anticipates releasing all of that money before the end of the calendar year. READ: If the new package is included, the U.S. has provided more than $64 billion in security assistance to Ukraine since Russia invaded in February 2022. Copyright 2024 The Associated Press . 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'Topping out' launches next stage in new State Archives construction
Chris "The Bear" Fallica and Geoff Schwartz are joined Brett Ciancia of Pick Six Previews to discuss their College Football Playoff dark horse candidates. Geoff explained why he believes the Miami Hurricanes are a dark horse candidate for the play... It was a tough weekend for Miami fans, and apparently an even tougher one for their mascot. CNY Central anchor and reporter Ashley Wenskoski was at "The Dome" on Saturday covering Syracuse’s game against Miami when she called out the Hurricanes’ mascot, Sebastian, for hitting on her on the sidelines. "Sebastian the Ibis (Miami’s mascot) just kneeled down and asked for my number mid-drive," she wrote in a post on X. CLICK HERE FOR MORE SPORTS COVERAGE ON FOXNEWS.COM "Feels like he has bigger things to worry about with his team on the ropes in the 4th quarter at the Dome...but who am I to say." Syracuse knocked Miami out of the Atlantic Coast Conference championship game with a 42-38 win on Saturday for the program’s first top-10 win since 2017. Quarterback Kyle McCord completed 26 of 36 passes for 380 yards and three touchdowns to help the Orange rally from a 21-point deficit. Syracuse quarterback Kyle McCord (6) throws during the first half of an NCAA college football game against Miami on Saturday, Nov. 30, 2024 in Syracuse, N.Y. (AP Photo/Adrian Kraus) MIAMI’S CFP HOPES TAKE BIG HIT AFTER IT SQUANDERS 21-0 LEAD TO SYRACUSE; CLEMSON WILL PLAY IN ACC TITLE GAME With their playoff hopes in the hands of the CFP selection committee, it’s no wonder Sebastian couldn’t focus on the game. Wenskoski seemingly agreed. "And more importantly, Syracuse football won its biggest game in years & my team and I worked tirelessly to provide the best possible sports coverage," she wrote in a post on X in response to an article about the incident. "[Head coach] Fran Brown has re-energized a program in a fantastic sports town. I guess Miami's mascot simply couldn't watch that 4th quarter. Can't blame him." Head Coach Fran Brown of the Syracuse Orange looks on during the fourth quarter against the Stanford Cardinal at JMA Wireless Dome on September 20, 2024 in Syracuse, New York. (Bryan Bennett/Getty Images) CLICK HERE TO GET THE FOX NEWS APP But the mascot did respond to being called out on social media. "They do anything for clout," a comment from Sebastian the Ibis’ Instagram read on a post about the incident. Follow Fox News Digital’s sports coverage on X , and subscribe to the Fox News Sports Huddle newsletter . Paulina Dedaj is a Sports Reporter for Fox News Digital.