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It’s that time of the year when select members of Congress leave their spacious plenary halls to retreat into a swanky hotel ballroom, where they meet for a bicameral conference to reconcile differences between the two versions of the proposed national budget law. After months of panel and floor debates held in full public view, first at the House of Representatives, and then, the Senate, lawmakers are dropping the pretense of transparency to commence negotiations behind closed doors, relegating media to staid briefings and photo-ops at the start and close of the proceedings. It is in this exclusive club, during the penultimate stage of the budget cycle, where handshakes are made and backs patted, where taxpayer money transforms into pet projects in the name of political compromise and vested interests, and where elite politicians decide where to pour billions of pesos in government funds, with no record and practically zero accountability. Worse, the conferees do not actually buckle down to work, for all meaningful discussions are passed on to a “small committee,” a “committee of two,” or the “third chamber,” consisting of a pair of arguably the most powerful members of the legislature: the chairs of the Senate finance committee and the House appropriations committee. Over the years, there has been persistent and mounting clamor to open the inter-chamber budget conference to public scrutiny—to no avail. Last Wednesday, budget watchdogs congregated in Quezon City in a bid to sway the two Houses to heed the call to make the proceedings transparent. “The process needs to be open to the public in order for us to stop any attempt to bloat unprogrammed funds which congressmen and senators will use as a pork barrel,” former Bayan Muna Rep. Teddy Casiño said. He was referring to the midnight bicameral approval of a provision in the current budget allowing government-owned and -controlled corporations like the Philippine Health Insurance Corp. (PhilHealth) to be tapped as funding sources for unprogrammed appropriations, or those yet-to-be-funded budgetary items. Such ill-advised move would prove disastrous, and last month, the Supreme Court halted the transfer of the remainder of excess PhilHealth funds to the treasury in response to multiple petitions assailing its legality. Last month, former senator Panfilo Lacson, long an advocate of an open bicameral conference, described the panel as “the most powerful chamber, because there are no transcripts or minutes of the meeting.” The problem, according to Lacson, is that after the conference opens, a committee of two is created to pore over the clashing provisions in the spending measure, “so only the two of them talk, and ... when the bicameral conference resumes, the document is already prepared for signing.” This year, Sen. Grace Poe, the Senate finance chair, called it a “technical working group.” “If you wouldn’t sign, you would be an antagonist,” Lacson said, noting that the consequence of Congress failing to pass the spending law before the end of the year would be the reenactment of the current budget. What happens next is most conferees would opt to sign the voluminous document without having the time to study and read it. Now it appears the same thing will happen to the proposed 2025 appropriations law as the Senate and the House have stubbornly ignored the push for transparency. Which means certain decisions on hot-button issues, such as on the P1.3-billion budget cut for the Office of the Vice President and the P39-billion allotment for the social welfare department’s Ayuda para sa Kapos ang Kita Program, will be made away from the public eye. “The lack of transparency in bicameral conference committee proceedings has enabled the insertion in the budget law of provisions that were not in the versions approved by either House, and oftentimes not even discussed in the deliberations of either House, effectively circumventing proper legislative scrutiny,” Makabayan lawmakers said in a resolution proposing to open the bicameral conference. Alas, the call has fallen on deaf ears. Let us note that nothing in the rules of the Senate and the House prevents either chamber from opening the bicameral conference to the public. Therefore, Congress has no excuse. But what the lawmakers fail to realize is how shadowy budgeting contributes to the erosion of public trust. Every pork insertion, every unexplained and unexamined appropriation, chips away at citizens’ faith in their government. Subscribe to our daily newsletter By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . At the heart of the matter is integrity and moral ascendancy. For the House of Marcos to have the credibility to cast judgment on alleged cases of fund misuse, such as of Vice President Sara Duterte’s confidential allocations, it must lead by example. By pulling back the curtain on the entire budget process, lawmakers can prove they are putting the public’s interest above their own.Charles Schwab Investment Management Inc. reduced its stake in shares of APi Group Co. ( NYSE:APG – Free Report ) by 29.9% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 1,803,708 shares of the company’s stock after selling 769,705 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in APi Group were worth $59,558,000 as of its most recent filing with the Securities and Exchange Commission. A number of other large investors have also recently made changes to their positions in the stock. First Horizon Advisors Inc. acquired a new stake in APi Group during the 3rd quarter worth about $26,000. Avior Wealth Management LLC acquired a new stake in shares of APi Group during the third quarter worth about $33,000. J.Safra Asset Management Corp boosted its position in APi Group by 21.5% in the second quarter. J.Safra Asset Management Corp now owns 2,104 shares of the company’s stock valued at $79,000 after buying an additional 373 shares during the last quarter. Triad Wealth Partners LLC acquired a new position in APi Group in the 2nd quarter worth approximately $132,000. Finally, SG Americas Securities LLC purchased a new position in APi Group during the 3rd quarter worth approximately $165,000. 86.62% of the stock is owned by hedge funds and other institutional investors. Insiders Place Their Bets In related news, Director Ian G. H. Ashken sold 53,868 shares of the company’s stock in a transaction dated Wednesday, November 13th. The shares were sold at an average price of $36.87, for a total transaction of $1,986,113.16. Following the completion of the transaction, the director now owns 5,478,779 shares in the company, valued at $202,002,581.73. This represents a 0.97 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website . Also, Director James E. Lillie sold 11,568 shares of the firm’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $36.98, for a total transaction of $427,784.64. Following the completion of the transaction, the director now directly owns 1,134,635 shares in the company, valued at $41,958,802.30. This represents a 1.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here . 18.20% of the stock is currently owned by company insiders. APi Group Price Performance APi Group ( NYSE:APG – Get Free Report ) last posted its quarterly earnings data on Thursday, October 31st. The company reported $0.51 EPS for the quarter, meeting analysts’ consensus estimates of $0.51. APi Group had a return on equity of 33.89% and a net margin of 3.01%. The business had revenue of $1.83 billion during the quarter, compared to analysts’ expectations of $1.87 billion. During the same period in the previous year, the business earned $0.48 earnings per share. The business’s revenue was up 2.4% compared to the same quarter last year. As a group, equities analysts expect that APi Group Co. will post 1.86 EPS for the current fiscal year. Analysts Set New Price Targets A number of research firms have recently weighed in on APG. JPMorgan Chase & Co. cut their price objective on shares of APi Group from $37.00 to $34.00 and set a “neutral” rating on the stock in a research note on Friday, August 2nd. Robert W. Baird increased their price target on APi Group from $39.00 to $40.00 and gave the stock an “outperform” rating in a research report on Tuesday. Barclays boosted their price objective on APi Group from $43.00 to $44.00 and gave the company an “overweight” rating in a report on Tuesday, November 5th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $45.00 target price on shares of APi Group in a report on Friday, November 1st. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, APi Group presently has an average rating of “Moderate Buy” and an average target price of $43.71. View Our Latest Stock Report on APG APi Group Profile ( Free Report ) APi Group Corporation provides safety and specialty services worldwide. It operates through Safety Services and Specialty Services segments. The Safety Services segment offers solutions focusing on end-to-end integrated occupancy systems, such as fire protection services; heating, ventilation, and air conditioning solutions; and entry systems, which include the design, installation, inspection, and service of these integrated systems. Featured Articles Want to see what other hedge funds are holding APG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for APi Group Co. ( NYSE:APG – Free Report ). Receive News & Ratings for APi Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for APi Group and related companies with MarketBeat.com's FREE daily email newsletter .
NoneHistory Of The Chrysler Turbine Engine (And What Makes It So Unique)
Charleston Southern grabs late lead, stuns host MiamiWASHINGTON (AP) — Rep. Jamie Raskin of Maryland announced Monday that he will run to become the top Democrat on the powerful House Judiciary Committee next year, directly challenging fellow Democratic Rep. Jerry Nadler as the party prepares to fight a second Trump administration and an emboldened Republican majority. Read this article for free: Already have an account? To continue reading, please subscribe: * WASHINGTON (AP) — Rep. Jamie Raskin of Maryland announced Monday that he will run to become the top Democrat on the powerful House Judiciary Committee next year, directly challenging fellow Democratic Rep. Jerry Nadler as the party prepares to fight a second Trump administration and an emboldened Republican majority. Read unlimited articles for free today: Already have an account? WASHINGTON (AP) — Rep. Jamie Raskin of Maryland announced Monday that he will run to become the top Democrat on the powerful House Judiciary Committee next year, directly challenging fellow Democratic Rep. Jerry Nadler as the party prepares to fight a second Trump administration and an emboldened Republican majority. “House Democrats must stand in the breach to defend the principles and institutions of constitutional democracy,” Raskin wrote in a letter to colleagues. “That is our historic assignment now. We dare not fail.” Raskin said in the letter — obtained by The Associated Press — that he decided to run for the post after spending the week consulting with House Democrats and “engaging in serious introspection” about where the party is following their stunning electoral defeat last month that handed Republicans control of Congress and the White House. While currently the top Democrat on the House Oversight Committee, Raskin said that come next year, the Judiciary Committee under his leadership would become “the headquarters of Congressional opposition to authoritarianism” as well as other efforts by President Donald Trump and his allies to thwart the Constitution. Being the face of the resistance against Trump is not new territory for Raskin who spent the last two years on Oversight as the most vocal defender of President Joe Biden and his family as they faced a sprawling Republican investigation — encouraged by Trump — into their various business affairs. Raskin, who is a former constitutional law professor, also helped draft articles of impeachment against the incoming president for his encouragement of the violent mob on Jan. 6, 2021, and led the impeachment prosecution in the Senate. But by throwing his hat in the ring, Raskin is inviting what a bitter intra-party fight with Nadler, who is currently serving his 17th term in Congress and who has held the top spot on Judiciary since 2019. Democrats have over the years rarely broken from the seniority system for committee assignments, no matter how long someone has held a position, making the outcome of the race uncertain. Winnipeg Jets Game Days On Winnipeg Jets game days, hockey writers Mike McIntyre and Ken Wiebe send news, notes and quotes from the morning skate, as well as injury updates and lineup decisions. Arrives a few hours prior to puck drop. Both men did not respond to requests for comment but Raskin closed his letter by praising Nadler, saying that he made this decision “with respect and boundless admiration” for him. “If I’m lucky enough to be chosen for this responsibility in the 119th Congress, I will turn to Jerry first and throughout for his always wise counsel and political judgment,” Raskin added. Advertisement AdvertisementSecond periods have been a problem for Utah Hockey Club this season. That changed on Saturday. The team used the middle frame to score three goals against the Buffalo Sabres in the eventual 5-2 win at KeyBank Center. What’s more, Utah allowed just five shots on goal, zero goals against and was never shorthanded in the second. In the six games before Saturday’s matchup in Buffalo, Utah had been outscored 10-4 in the second. Utah often comes out strong in the first period and falls off by the 40-minute mark, letting its opponents steal the momentum heading into the final stanza. Things were different against the Sabres. “When we play with that kind of pace, we play as well with the puck, we make a lot of good plays, we use the weight of the ice and we went at the net,” said head coach André Tourigny who won his 100th NHL game. “I like the way we played offensively and defensively.” After Tyson Kozak gave Buffalo a 1-0 lead in the first period, Utah took control of the matinee matchup. Michael Kesselring , who skated in his 100th NHL game, tied things 1-1 at 3:18 of the second. A strong forecheck from Utah kept the puck in the zone before Kesselring got it at the point, carried it toward the high slot and blasted it in. “I think we just stayed on them, managed the puck pretty well, took advantage of our chances. Kind of got the momentum and kept it,” Kesselring said. Utah took a 2-1 advantage 24 seconds later thanks to Mikhail Sergachev . Michael Carcone — followed by three Buffalo players — drove to the net and opened space for Sergachev to wire the puck home from the left side after Alex Kerfoot pushed it up to him. Sergachev now has seven goals and 17 points in his first season with Utah — six short of Clayton Keller who leads the team with 23. Utah Hockey Club goaltender Karel Vejmelka (70) makes a save on Buffalo Sabres left wing Jason Zucker (17) during the first period of an NHL hockey game Saturday, Dec. 7, 2024, in Buffalo, N.Y. (AP Photo/Jeffrey T. Barnes) Nick Schmaltz — who had a goal overturned for goaltender interference in the first period — cashed in with 51.5 seconds remaining in the middle frame. Kesselring controlled the puck through the zone before finding Schmaltz on the doorstep who knocked it in for the 3-1 scoreline. Schmaltz, after going 23 games goalless, has four in the last three contests. With the assists on the play, Kesselring logged a Gordie Howe hat trick (goal, assist and fight in one game); the 24-year-old fought Beck Malenstyn before Schmaltz’s last-minute tally. The play also marked the defenseman’s 14th point of the season and second of the afternoon. Kesselring is now seven points away from matching his total last year (21 through 65 games) and is on pace for a career showing in Utah. “Great job. Scored a big goal, he skated well,” Tourigny said of Kesselring. “Skated the puck out of trouble a few times. I like the fact that he did not try to complicate his game a lot on the other side of the red line.” Despite winning only one of its last three games ahead of Saturday, Utah played some of its best hockey of the season last week. Those building blocks — finding consistency between periods, limiting opposing chances and fighting for offense — all came to fruition in Buffalo. Utah earned a two-goal lead as a result which lightened the to-do list in the final 20 minutes. The offensive burst carried into the third in which Jack McBain and Kevin Stenlund joined the fun. All aboard the Bain Train 🚂 Chooo Chooo 🚂 pic.twitter.com/9PdeNP18Du Logan Cooley — who has been skating with a heightened sense of confidence in his sophomore season — swerved his way to the front and swung the puck over to McBain who was stationed near the crease where he flipped the puck in. McBain’s ninth goal of the season made it 4-1. Stenlund’s snipe from the low, right circle put Utah up 5-1 at 12:07 and was his first goal since Oct. 12. Buffalo got on the board once more at 17:40 of the third with a wrist shot from Jiri Kulich to bring the game to its final 5-2 score. “It was a nice feeling,” Stenlund said. Utah’s depth is starting to show on a more regular basis. The team got goals from three of its four lines and two defensemen on Saturday while 12 players logged at least a point. When everyone is contributing, Utah has proven it can separate itself from its opponent and put together dominant wins. The team will look to do exactly that in back-to-back games as it faces the Philadelphia Flyers on Sunday night at Wells Fargo Center. “It’s huge. Obviously we want to get away with four points here,” Stenlund said of the two-game road trip. “Big game tomorrow. Focus on that and move on.”
Editorial Roundup: United States
Godmother Italian nun is arrested by police for having mafia ties. According to Italian police, 24 people have been arrested in northern Italy in connection with a mafia investigation, including a nun, as quoted in a report by the BBC. The nun, known as Sister Anna Donelli in the Italian press, was taken into custody on suspicion of serving as a liaison between the ' Ndrangheta mafia and its imprisoned gang members. During raids in various towns in the Lombardy and Veneto regions, as well as Calabria in the south, police also detained two politicians and confiscated assets valued at over €1.8 million (£1.5 million). The 'Ndrangheta, one of the most powerful and dangerous criminal organisations in Europe, was the subject of a four-year investigation that led to the arrests. Also Read : Christmas Day restaurants: Are Starbucks, Dunkin, Taco Bell and others open on December 25 Artificial Intelligence(AI) Generative AI for Dynamic Java Web Applications with ChatGPT By - Metla Sudha Sekhar, IT Specialist and Developer View Program Finance AI and Generative AI for Finance By - Hariom Tatsat, Vice President- Quantitative Analytics at Barclays View Program Web Development Master RESTful APIs with Python and Django REST Framework: Web API Development By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Modern Marketing Masterclass by Seth Godin By - Seth Godin, Former dot com Business Executive and Best Selling Author View Program Artificial Intelligence(AI) Learn InVideo AI: Create Videos from Text Easily By - Prince Patni, Software Developer (BI, Data Science) View Program Artificial Intelligence(AI) Master in Python Language Quickly Using the ChatGPT Open AI By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Performance Marketing for eCommerce Brands By - Zafer Mukeri, Founder- Inara Marketers View Program Leadership Business Storytelling Masterclass By - Ameen Haque, Founder of Storywallahs View Program Office Productivity Advanced Excel Course - Financial Calculations & Excel Made Easy By - Anirudh Saraf, Founder- Saraf A & Associates, Chartered Accountant View Program Artificial Intelligence(AI) Java Programming with ChatGPT: Learn using Generative AI By - Metla Sudha Sekhar, IT Specialist and Developer View Program Legal Complete Guide to AI Governance and Compliance By - Prince Patni, Software Developer (BI, Data Science) View Program Data Science SQL Server Bootcamp 2024: Transform from Beginner to Pro By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development Java 21 Essentials for Beginners: Build Strong Programming Foundations By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development C++ Fundamentals for Absolute Beginners By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Mastering C++ Fundamentals with Generative AI: A Hands-On By - Metla Sudha Sekhar, IT Specialist and Developer View Program Design Microsoft Designer Guide: The Ultimate AI Design Tool By - Prince Patni, Software Developer (BI, Data Science) View Program Web Development Intermediate C++ Skills: Master Pointers, Structures and File Stream By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development Django & PostgreSQL Mastery: Build Professional Web Applications By - Metla Sudha Sekhar, IT Specialist and Developer View Program Office Productivity Mastering Microsoft Office: Word, Excel, PowerPoint, and 365 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Finance Crypto & NFT Mastery: From Basics to Advanced By - CA Raj K Agrawal, Chartered Accountant View Program Strategy Succession Planning Masterclass By - Nigel Penny, Global Strategy Advisor: NSP Strategy Facilitation Ltd. View Program Artificial Intelligence(AI) AI and Analytics based Business Strategy By - Tanusree De, Managing Director- Accenture Technology Lead, Trustworthy AI Center of Excellence: ATCI View Program Artificial Intelligence(AI) Basics of Generative AI: Unveiling Tomorrow's Innovations By - Metla Sudha Sekhar, IT Specialist and Developer View Program Claims that the nun took advantage of her role as a prison volunteer are detailed in statements issued by the coalition of law enforcement agencies that carried out the sting. According to Brescia Carabinieri, she was an innocent person who had free access to the penitentiary facilities because of her religious role. The politicians and other people targeted in the investigation were not identified in police statements. Hundreds of police officers are still searching northern Italy as part of the ongoing operation. According to police, they receive assistance from sniffer dog units that look for drugs and weapons as well as cash dogs that are trained to look for cash. The group allegedly laundered around €12 million in cash through scrap metal trade businesses, according to investigators and prosecutors. The 'Ndrangheta, one of the most dangerous criminal organisations in the world, has its roots in the poor region of Calabria. Also Read : Conclave: When and where to stream film? Check release date, cast and storyline In one of the largest mafia trials in Italy's history, more than 200 individuals received sentences totalling more than 2,200 years in prison in November of last year. FAQs Why was the nun arrested in Italy? Sister Anna Donelli was arrested for allegedly assisting the Ndrangheta mafia by acting as a liaison between jailed gang members during her prison volunteer work. What did the investigation reveal about the Ndrangheta? The investigation uncovered money laundering schemes using scrap metal businesses as fronts, totalling approximately €12 million, and resulted in numerous arrests and asset seizures. (You can now subscribe to our Economic Times WhatsApp channel )US sanctions founder of Georgia's ruling political partyTelangana HC Jails SI for Contempt; Suspends Sentence for Appeal
Join this golf club and you’ll get 7 ‘home’ courses across the USTaylor Swift fans warned of fake ticket scams as Vancouver prepares for concertsSierra Capital LLC trimmed its holdings in shares of NVIDIA Co. ( NASDAQ:NVDA – Free Report ) by 2.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,859 shares of the computer hardware maker’s stock after selling 700 shares during the period. Sierra Capital LLC’s holdings in NVIDIA were worth $3,140,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Flagship Harbor Advisors LLC bought a new stake in shares of NVIDIA in the 3rd quarter valued at about $46,618,000. Mattern Wealth Management LLC boosted its holdings in shares of NVIDIA by 6.6% in the 3rd quarter. Mattern Wealth Management LLC now owns 33,265 shares of the computer hardware maker’s stock valued at $4,040,000 after buying an additional 2,045 shares in the last quarter. Rodgers & Associates LTD boosted its holdings in shares of NVIDIA by 1.9% in the 3rd quarter. Rodgers & Associates LTD now owns 11,555 shares of the computer hardware maker’s stock valued at $1,403,000 after buying an additional 220 shares in the last quarter. Sky Investment Group LLC boosted its holdings in shares of NVIDIA by 0.4% in the 3rd quarter. Sky Investment Group LLC now owns 289,558 shares of the computer hardware maker’s stock valued at $35,164,000 after buying an additional 1,093 shares in the last quarter. Finally, Traphagen Investment Advisors LLC boosted its holdings in shares of NVIDIA by 2.8% in the 3rd quarter. Traphagen Investment Advisors LLC now owns 31,577 shares of the computer hardware maker’s stock valued at $3,835,000 after buying an additional 860 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors. Insider Activity at NVIDIA In other NVIDIA news, Director John Dabiri sold 716 shares of NVIDIA stock in a transaction on Monday, November 25th. The shares were sold at an average price of $142.00, for a total transaction of $101,672.00. Following the sale, the director now owns 19,942 shares of the company’s stock, valued at $2,831,764. The trade was a 3.47 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink . Also, Director Tench Coxe sold 1,000,000 shares of NVIDIA stock in a transaction on Thursday, September 19th. The stock was sold at an average price of $119.27, for a total transaction of $119,270,000.00. Following the sale, the director now directly owns 5,852,480 shares in the company, valued at approximately $698,025,289.60. This trade represents a 14.59 % decrease in their position. The disclosure for this sale can be found here . In the last quarter, insiders have sold 2,036,986 shares of company stock valued at $240,602,399. 4.23% of the stock is owned by company insiders. NVIDIA Price Performance NVIDIA ( NASDAQ:NVDA – Get Free Report ) last released its quarterly earnings results on Wednesday, November 20th. The computer hardware maker reported $0.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.12. NVIDIA had a net margin of 55.69% and a return on equity of 114.83%. The firm had revenue of $35.08 billion for the quarter, compared to analysts’ expectations of $33.15 billion. During the same quarter last year, the company earned $0.38 EPS. The firm’s revenue for the quarter was up 93.6% compared to the same quarter last year. As a group, equities research analysts anticipate that NVIDIA Co. will post 2.76 earnings per share for the current fiscal year. NVIDIA announced that its Board of Directors has initiated a stock repurchase program on Wednesday, August 28th that allows the company to buyback $50.00 billion in outstanding shares. This buyback authorization allows the computer hardware maker to reacquire up to 1.6% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s leadership believes its stock is undervalued. NVIDIA Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Thursday, December 5th will be paid a $0.01 dividend. The ex-dividend date is Thursday, December 5th. This represents a $0.04 dividend on an annualized basis and a yield of 0.03%. NVIDIA’s dividend payout ratio is currently 1.57%. Wall Street Analysts Forecast Growth A number of analysts have recently weighed in on the stock. Morgan Stanley raised their price target on shares of NVIDIA from $150.00 to $160.00 and gave the company an “overweight” rating in a report on Monday, November 11th. Stifel Nicolaus lifted their target price on shares of NVIDIA from $165.00 to $180.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. Robert W. Baird lifted their target price on shares of NVIDIA from $150.00 to $190.00 and gave the stock an “outperform” rating in a research note on Thursday, November 21st. Mizuho lifted their target price on shares of NVIDIA from $165.00 to $175.00 and gave the stock an “outperform” rating in a research note on Thursday, November 21st. Finally, Benchmark lifted their target price on shares of NVIDIA from $170.00 to $190.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st. Four equities research analysts have rated the stock with a hold rating, thirty-nine have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $164.15. View Our Latest Stock Report on NVIDIA NVIDIA Company Profile ( Free Report ) NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications. Recommended Stories Five stocks we like better than NVIDIA Bank Stocks – Best Bank Stocks to Invest In The Latest 13F Filings Are In: See Where Big Money Is Flowing Golden Cross Stocks: Pattern, Examples and Charts 3 Penny Stocks Ready to Break Out in 2025 CD Calculator: Certificate of Deposit Calculator FMC, Mosaic, Nutrien: Top Agricultural Stocks With Big Potential Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Co. ( NASDAQ:NVDA – Free Report ). Receive News & Ratings for NVIDIA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NVIDIA and related companies with MarketBeat.com's FREE daily email newsletter .
Democrat Jamie Raskin is running for top Judiciary post in bid to counter TrumpChristmas came early for Trump. Car companies and other top CEOs are rushing to donate millions of dollars to the president elect’s inauguration fund before Trump, 78, enters the Oval Office on Jan. 20 — with Toyota being the latest to hand over the cash. A rep for the Japan-based automotive manufacturer confirmed it had contributed $1 million to the fund in a statement to The Post on Christmas Eve. Toyota’s contribution came after Ford and General Motors both said they would also be shelling out $1 million for the incoming president’s fund, Reuters reported . Trump has floated a 25% tax on all imports coming from the Mexico, potentially hampering Toyota, which manufactures their Tacoma pickup truck there. The Republican also threatened during his 2024 campaign that he could slap up to a 200% tariff on cars coming from Mexico in an effort to protect American automobile manufacturing. The efforts to upend tax and trade policies when he gets to the White House has prompted even those who have sparred politically with the 45th president in the past to turn the other cheek. Companies that previously vowed to not support Political Action Committees (PACs) that disputed the 2020 election after the Jan. 6 Capitol riot are also pitching in with massive donations, per the Wall Street Journal , including, Intuit, Pharmaceutical Research and Manufacturers of America, Goldman Sachs, Bank of America, AT&T and Stanley Black & Decker. Uber has given the largest donation, coming in at $2 million, per the Journal. “The first term, everybody was fighting me,” Trump said during a press conference at Mar-a-Lago. “In this term, everybody wants to be my friend.” Tech CEOs have also been frolicking around Mar-a-Lago in recent weeks, hoping to cozy up before the 47th president’s term kicks in, as Trump has expressed interest in significant tech innovation alongside his confidant Elon Musk. Amazon founder Jeff Bezos was spotted dining with Trump at the Florida estate earlier in December, and he wrote a $1 million check later to the inaugural fund. Bezos, who had previously spoken out against Trump, said he was “optimistic” about his second term in power. “I’m actually very optimistic this time around,” Bezos revealed at the the New York Times’ DealBook Summit in New York earlier in December. “He seems to have a lot of energy around reducing regulation. If I can help do that, I’m going to help him,” Bezos said. “We do have too many regulations in this country.” Meta’s Mark Zuckerberg also gave the same amount after visiting Trump at Mar-a-Lago the month prior, and Open AI CEO Sam Altman was another billionaire who gave $1 million to the inauguration fund. “I want to get ideas from them,” Trump said of his conversations with business leaders. “Look, we want them to do well,” he said at the New York Stock Exchange after being deemed “person of the year.” Foreign companies have also gotten in on the action. Softbank, a Japanese investment holding company, announced it would be investing $100 billion in US tech projects during Trump’s administration, the once and future president unveiled in a press conference at Mar-a-Lago last week. Trump had previously promised to award companies that invest at least $1 billion “fully expedited approvals and permits” in the US. “Any person or company investing ONE BILLION DOLLARS, OR MORE, in the United States of America, will receive fully expedited approvals and permits, including, but in no way limited to, all Environmental approvals. GET READY TO ROCK!!!” he said on Truth Social in early December.
The Atlanta Braves did not live up to expectations in 2024. With the Philadelphia Phillies and New York Mets both trying to land Juan Soto, the Braves may need to add a superstar of their own to help compete. While listing "emergency" signings the Braves can make if Soto lands in the National League East, FanSided's Christopher Kline urged the Braves to sign Houston Astros star Alex Bregman. "The best front offices in the MLB are creative. On the surface, Alex Bregman isn't a fit for Atlanta," wrote Kline. "He's a battle-tested third baseman and the Braves already have an All-Star at the hot corner in Austin Riley. Bregman has said he's open to playing second base, but that's Ozzie Albies' position. The Braves' star-studded infield, on the surface, negates the need for Bregman." Even if Bregman moves to second base, the Braves would need to move Ozzie Albies. Albies made 195 starts at shortstop as a minor league player before his debut. He only made 93 starts at second base before his debut. Playing shortstop in the big leagues is not easy, but signing Bregman and moving Albies to shortstop could do a lot for the Braves offense. Albies is an upgrade offensively over Orlando Arcia at shortstop. Bregman is a two-time All-Star and slashed .260/.315/.453 with 26 home runs last season. Spotrac projects him to sign a four-year, $119 million deal in free agency. Signing Bregman would upgrade the Braves offense while also adding another superstar to keep pace with the Mets or Phillies if Juan Soto signs. More MLB: Mets urged to sign Dodgers 33 home run slugger in free agency blockbuster
Share Tweet Share Share Email In recent years, the global chip market has experienced explosive growth, driven by emerging technologies such as 5G, artificial intelligence, and the Internet of Things. According to industry reports, the global chip market is expected to surpass $1.2 trillion by 2030. However, alongside this rapid expansion, cross-border chip transactions face significant challenges, including complex processes, high fees, and inefficiencies, which hinder industry growth. ChipChain Token (CCT) offers an innovative blockchain-based solution to address these pain points, providing a faster, more efficient, and cost-effective payment method for the global chip market. As technology advances and demand diversifies, chips have become a vital resource across multiple industries. However, traditional cross-border chip transactions still rely on cumbersome financial and logistical systems, leading to inefficiencies in payment processing. International remittances, involving multiple intermediaries, often take days or even weeks to settle. This delay severely impacts the agility of chip supply chains. Additionally, high foreign exchange fees and currency conversion costs further burden companies, especially small and medium-sized enterprises (SMEs), limiting their ability to compete in the global market. Another critical issue is the lack of transparency in payment processes. In traditional systems, both parties often have limited visibility into the real-time status of funds, creating uncertainty and increasing transaction risks. For an industry like semiconductors, which heavily relies on supply chain reliability, this lack of transparency can lead to significant operational and financial setbacks. CCT addresses these challenges through its decentralized payment system and CCT tokens, offering agroundbreaking cross-border payment solution. By leveraging blockchain’s distributed ledger technology, CCT transforms the traditionally slow and opaque payment process into a fast, efficient, and transparent experience. Using CCT tokens, platform users can conduct near-instant cross-border payments, eliminating the need to wait for bank processing times. Automated through smart contracts, every transaction is fully transparent, and funds can be tracked in real-time, eliminating delays and human errors common in traditional payment methods. The CCT payment system supports seamless conversion between multiple fiat currencies and tokens, simplifying complex currency exchanges. Its built-in fee optimization algorithm identifies the lowest possible fees and fastest payment routes, significantly reducing the costs of cross-border transactions. With blockchain technology, CCT directly connects payers and recipients, eliminating reliance on intermediaries. This not only saves on middleman fees but also ensures that all transaction data is publicly transparent and recorded on-chain, greatly reducing information asymmetry. CCT’s cross-border payment solution is not only designed for large enterprises but also tailored to address the needs of SMEs, which often struggle with high costs and complex processes in global transactions. For many SMEs, the barriers of traditional cross-border payments restrict their ability to access international markets. CCT provides a low-cost, accessible tool with flexible fee adjustments, enabling these businesses to expand their operations without financial strain. Additionally, CCT’s smart contract capabilities support phased payment models, such as paying based on delivery progress. This dynamic settlement method eases financial pressure on buyers while protecting supplier interests, creating a mutually beneficial environment for both parties. As global demand for chips continues to grow, the internationalization of chip supply chains is accelerating. CCT’s cross-border payment solution not only enhances transaction efficiency but also integrates with the entire supply chain to provide greater transparency and collaboration. Through its supply chain tracking module, CCT ties every payment to the production, transportation, and delivery of chips, ensuring that financial flows align seamlessly with physical logistics. This comprehensive integration improves logistics efficiency and supports the globalization of the chip market. Market projections indicate that blockchain in supply chain management is expected to reach nearly $5 billion by 2028, and CCT is poised to play a significant role in this trend. As a critical component of chip trade, its cross-border payment solution will drive the global semiconductor market’s growth from billions to trillions of dollars. By simplifying payment processes, reducing costs, and increasing transparency, CCT enables businesses to complete transactions faster, accelerating market circulation and resource allocation efficiency. This industry-driven solution not only resolves existing challenges but also injects fresh momentum into the chip ecosystem’s sustainable development. ChipChain Token (CCT) is redefining payment processes in the chip industry and setting a new standard for global trade. Acting as a bridge between global chip suppliers and buyers, CCT’s efficient, secure, and transparent payment system is driving the internationalization of the semiconductor industry and fostering resource sharing. In the future, as CCT continues to optimize its technology and expand its market reach, its cross-border payment solution will extend beyond the chip industry, offering support for other sectors seeking globalization. CCT is leveraging innovative blockchain technology to transform the global semiconductor market, creating a future that is fairer, more efficient, and more sustainable for the entire industry. Techbullion Related Items: CCT Simplifies , Chip Payments Share Tweet Share Share Email Comments
Xylem director Lila Tretikov sells $479 in stockTop war-crimes court issues arrest warrants for Netanyahu and others in Israel-Hamas fightingThe Goldman Sachs Group (NYSE:GS) Stock Price Down 0% – Time to Sell?Impartner is a leader in Saas-based Partner Relationship Management solutions. (PRNewsFoto/Impartner) (PRNewsfoto/Impartner) Microsoft Azure customers worldwide now gain access to Impartner's Partner Relationship Management (PRM) platform to take advantage of the scalability, reliability, and agility of Azure to drive partner program growth and enhance business strategies. SALT LAKE CITY , Dec. 26, 2024 /PRNewswire/ -- Impartner , a leading provider of partner management and partner marketing automation solutions, today announced the availability of its Partnership Relationship Management (PRM) platform in Microsoft Azure Marketplace , an online store providing applications and services for use on Azure. Impartner customers can now take advantage of the productive and trusted Azure cloud platform, with streamlined deployment and management. Impartner PRM enables businesses to effectively manage and scale their partner ecosystems. By integrating seamlessly with Microsoft Dynamics 365 and Azure, the platform offers real-time data synchronization, scalable cloud infrastructure, and enterprise-grade security. Impartner's PRM leverages Dynamics 365 to provide bi-directional data synchronization, streamlining partner management and optimizing the sales pipeline. Customers benefit from improved partner engagement, increased scalability through Azure, and secure compliance with global standards. Impartner's PRM includes AI-powered tools, such as an AI-driven chatbot, that enhance resource accessibility and partner engagement with 24/7 support. By integrating with Dynamics 365 and Azure, Impartner ensures customers can scale their operations and benefit from a cloud infrastructure that supports growth, efficiency, and innovation. "We're excited to make Impartner's PRM available in the Microsoft Azure Marketplace, enabling businesses to manage and grow their partner ecosystems more effectively," said Ryan Knapp , Global Head of Partnerships at Impartner. "By combining our advanced platform with Microsoft cloud infrastructure, we're helping companies streamline operations, strengthen partnerships, and drive growth. This integration opens up new possibilities for businesses to scale efficiently and innovate with confidence." "Microsoft welcomes Impartner to Azure Marketplace, where global customers can find, try, and buy from among thousands of partner solutions," said Jake Zborowski , General Manager, Microsoft Azure Platform at Microsoft Corp. "Azure Marketplace and trusted partners like Impartner help customers do more with less by increasing efficiency, buying confidently, and spending smarter." The Azure Marketplace is an online market for buying and selling cloud solutions certified to run on Azure. The Azure Marketplace helps connect companies seeking innovative, cloud-based solutions with partners who have developed solutions that are ready to use. About Impartner Impartner is the fastest-growing, most awarded provider of channel management technologies, including its flagship Partner Relationship Management (PRM) and Partner Marketing Automation solutions. These tools empower organizations worldwide to effectively manage partner relationships, drive demand through partners, and accelerate revenue via indirect sales channels. For more information, visit impartner.com . For more information, press only: Lola Phonpadith Impartner Lola.phonpadith@impartner.com View original content to download multimedia: https://www.prnewswire.com/news-releases/impartner-partner-relationship-management-platform-now-available-in-the-microsoft-azure-marketplace-302339325.html SOURCE Impartner
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My Legacy Advisors LLC reduced its stake in shares of NVIDIA Co. ( NASDAQ:NVDA – Free Report ) by 8.6% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 33,389 shares of the computer hardware maker’s stock after selling 3,153 shares during the quarter. NVIDIA accounts for approximately 1.6% of My Legacy Advisors LLC’s holdings, making the stock its 12th largest holding. My Legacy Advisors LLC’s holdings in NVIDIA were worth $4,055,000 at the end of the most recent reporting period. Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Lowe Wealth Advisors LLC purchased a new stake in shares of NVIDIA during the second quarter worth about $25,000. DHJJ Financial Advisors Ltd. lifted its stake in shares of NVIDIA by 1,900.0% in the second quarter. DHJJ Financial Advisors Ltd. now owns 200 shares of the computer hardware maker’s stock worth $25,000 after acquiring an additional 190 shares in the last quarter. CGC Financial Services LLC acquired a new position in shares of NVIDIA in the second quarter worth about $26,000. Koesten Hirschmann & Crabtree INC. acquired a new position in shares of NVIDIA in the first quarter worth about $27,000. Finally, Quest Partners LLC acquired a new position in shares of NVIDIA in the second quarter worth about $27,000. 65.27% of the stock is owned by institutional investors and hedge funds. Wall Street Analyst Weigh In NVDA has been the topic of several recent analyst reports. DA Davidson boosted their price target on NVIDIA from $90.00 to $135.00 and gave the stock a “neutral” rating in a research note on Friday, November 22nd. Rosenblatt Securities reiterated a “buy” rating and issued a $200.00 price target on shares of NVIDIA in a research note on Monday, November 18th. Bank of America reiterated a “buy” rating and issued a $190.00 price target on shares of NVIDIA in a research note on Thursday, November 21st. Loop Capital reiterated a “buy” rating and issued a $175.00 price target on shares of NVIDIA in a research note on Wednesday, November 20th. Finally, Redburn Atlantic started coverage on NVIDIA in a research note on Tuesday, November 12th. They set a “buy” rating and a $178.00 price objective on the stock. Four investment analysts have rated the stock with a hold rating, thirty-nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, NVIDIA presently has an average rating of “Moderate Buy” and a consensus price target of $164.15. NVIDIA Stock Performance Shares of NVDA stock opened at $138.25 on Friday. NVIDIA Co. has a 12-month low of $45.01 and a 12-month high of $152.89. The firm has a market capitalization of $3.39 trillion, a price-to-earnings ratio of 54.41, a price-to-earnings-growth ratio of 2.45 and a beta of 1.66. The business has a 50 day simple moving average of $136.05 and a 200 day simple moving average of $123.67. The company has a debt-to-equity ratio of 0.13, a current ratio of 4.10 and a quick ratio of 3.64. NVIDIA ( NASDAQ:NVDA – Get Free Report ) last issued its quarterly earnings data on Wednesday, November 20th. The computer hardware maker reported $0.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.12. The business had revenue of $35.08 billion during the quarter, compared to analyst estimates of $33.15 billion. NVIDIA had a return on equity of 114.83% and a net margin of 55.69%. The business’s revenue for the quarter was up 93.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.38 EPS. On average, equities research analysts anticipate that NVIDIA Co. will post 2.76 EPS for the current year. NVIDIA Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Thursday, December 5th will be paid a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 0.03%. The ex-dividend date is Thursday, December 5th. NVIDIA’s payout ratio is currently 1.57%. NVIDIA announced that its board has authorized a stock repurchase program on Wednesday, August 28th that authorizes the company to buyback $50.00 billion in shares. This buyback authorization authorizes the computer hardware maker to repurchase up to 1.6% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s leadership believes its stock is undervalued. Insider Buying and Selling at NVIDIA In other NVIDIA news, CEO Jen Hsun Huang sold 120,000 shares of the stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $110.76, for a total transaction of $13,291,200.00. Following the completion of the transaction, the chief executive officer now directly owns 76,375,705 shares of the company’s stock, valued at approximately $8,459,373,085.80. This trade represents a 0.16 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink . Also, Director John Dabiri sold 716 shares of the stock in a transaction on Monday, November 25th. The shares were sold at an average price of $142.00, for a total value of $101,672.00. Following the transaction, the director now directly owns 19,942 shares of the company’s stock, valued at approximately $2,831,764. The trade was a 3.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here . In the last ninety days, insiders sold 2,036,986 shares of company stock valued at $240,602,399. 4.23% of the stock is owned by corporate insiders. NVIDIA Profile ( Free Report ) NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications. Recommended Stories Five stocks we like better than NVIDIA How to Use High Beta Stocks to Maximize Your Investing Profits The Latest 13F Filings Are In: See Where Big Money Is Flowing What is an Earnings Surprise? 3 Penny Stocks Ready to Break Out in 2025 What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story FMC, Mosaic, Nutrien: Top Agricultural Stocks With Big Potential Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Co. ( NASDAQ:NVDA – Free Report ). Receive News & Ratings for NVIDIA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NVIDIA and related companies with MarketBeat.com's FREE daily email newsletter .