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Palantir shares dive after quarterly results fail to impress investors – Reuters Palantir shares dive after quarterly results fail to impress investors – Reuters Palantir shares dive after quarterly results fail to impress investors ReutersPalantir stock slides after earnings spotlight international weakness, ‘irrational’ valuation Yahoo FinancePalantir falls 12% as analysts raise international growth concerns CNBCPalantir (PLTR) Calls AI Demand ‘Ravenous,’ Boosts Revenue Guidance Bloomberg.comWhy Palantir’s stock is falling even though its earnings were ‘on fire’ MarketWatch Source link #Palantir #shares #dive #quarterly #results #fail #impress #investors #Reuters Pelican News View the full article at [Hidden Content]

Pokémon ****** Bolt and Pokémon White Flare product list announced Pokémon ****** Bolt and Pokémon White Flare product list announced The Pokémon Company has announced the complete product lineup for the upcoming Pokémon ****** Bolt and Pokémon White Flare trading card game set. Pokémon ****** Bolt and Pokémon White Flare, which will be the first dual set will include all 156 of the Pokémon originally found in the Unova region to celebrate 15 years since Pokémon ****** and Pokémon White were released on Nintendo DS. Each expansion will include three different parallel foil sets, two of which will feature either a rainbow Poké Ball or Master Ball pattern. The Pokémon Company has also announced that the energy cards featured in the set will harken back to the energy card design in the Pokémon ****** and Pokémon White TCG era. The set will include 6 Pokémon EX cards, 8 ultra-rare Pokémon, and Supporter cards. Pokémon ****** Bolt and Pokémon White Flare product list Scarlet & Violet—****** Bolt or Scarlet & Violet—White Flare Elite Trainer Box (available July 18, 2025): Includes nine Scarlet & Violet—****** Bolt or Scarlet & Violet—White Flare booster packs, respectively; one illustration rare style promo card featuring Thundurus or Tornadus, respectively; and various gameplay accessories. Scarlet & Violet—****** Bolt or Scarlet & Violet—White Flare Binder Collection (available July 18, 2025): Includes five Scarlet & Violet—****** Bolt or Scarlet & Violet—White Flare booster packs, respectively; and one nine-pocket album featuring Zekrom or Reshiram, respectively, to organize and store Pokémon TCG cards. Unova Poster Collection (available July 18, 2025): Includes two Scarlet & Violet—****** Bolt booster packs; two Scarlet & Violet—White Flare booster packs; three promo cards featuring Snivy, Tepig and Oshawott; and one full-size, two-sided poster. Unova Mini Tin (available July 18, 2025): Includes one Scarlet & Violet—****** Bolt booster pack; one Scarlet & Violet—White Flare booster pack; one art card and one sticker card matching the tin’s art. Scarlet & Violet—****** Bolt or Scarlet & Violet—White Flare Tech Sticker Collection (available Aug. 1, 2025): Includes three Scarlet & Violet—****** Bolt or Scarlet & Violet—White Flare booster packs, respectively; one illustration rare style promo card featuring Reuniclus or Gothitelle, respectively; and one sticker sheet for personalizing laptops, tablets and other tech devices. Unova Victini Illustration Collection (available Aug. 1, 2025): Includes two Scarlet & Violet—****** Bolt booster packs; two Scarlet & Violet—White Flare booster packs; one illustration rare style promo card featuring Victini; one premium parallel Poké Ball card featuring Victini; and one oversize illustration rare style foil promo card featuring Victini. Scarlet & Violet—****** Bolt or Scarlet & Violet—White Flare Booster Bundle (available Aug. 22, 2025): Includes six Scarlet & Violet—****** Bolt or Scarlet & Violet—White Flare booster packs, respectively. Pokémon ****** Bolt and Pokémon White Flare will introduce a brand-new rarity. Pokémon ****** Bolt and Pokémon White Flare will also feature illustration rare cards of all 156 Unova Pokémon, a first for the trading card game series. The next English Pokémon TCG set, Destined Rivals, will be released on May 30. Earlier this year, The Pokémon Company released a statement addressing multiple fan reports that trading cards have been difficult to find. Source link #Pokémon #****** #Bolt #Pokémon #White #Flare #product #list #announced Pelican News View the full article at [Hidden Content]

Intel’s Core Ultra 7 265K drops to $300 across various retailers Intel’s Core Ultra 7 265K drops to $300 across various retailers In a bid to improve Arrow Lake sales, Intel has significantly discounted its mainstream 20-core Core Ultra 7 265K, which is readily selling at or below $300 at various retailers, including Amazon. That’s a massive 25% cut over its original $400 recommended customer price set by Intel at launch. While the slightly more affordable 14-core Core Ultra 5 245K is also selling below its MSRP at $269, the Core Ultra 7 265K is arguably the better buy. This is likely part of a small promotional *****, which is why we’re using the term discount instead of permanent price cuts. Even so, they don’t appear to be regional, as reports from ComputerBase indicate similar pricing trends in Germany. Intel’s candidate is a great choice for promoting Arrow Lake sales, since the Core Ultra 7 265K wields an impressive 20 (8P+12E) core / 20 thread configuration, rivaling the i7-14700K from the previous generation, while offering better efficiency. The CPU carries 66MB of total cache (36MB L2 + 30MB L3). Sticking to JEDEC-compliant speeds, Arrow Lake at stock can handle 6400 MT/s DDR5 kits (CUDIMM), going as fast as 8000 MT/s with Intel’s warrantied boost profiles. As of writing, the Core Ultra 7 265K (and its KF variant) can be purchased for $294 at Amazon. The model with the integrated GPU is a no-brainer, given that its built-in Xe-LPG (Alchemist) iGPU offers QuickSync functionality with AV1 encoding. (Image credit: PCPartPicker) The elephant in the room is platform cost. The LGA 1851 platform still carries a costly entry point, and Intel hasn’t guaranteed support for future CPU generations on this socket. Budget-conscious consumers might find AMD’s AM5 a better alternative, which has been promised support until 2027, suggesting possible compatibility with its future Zen 6 CPUs. While there are whispers of a potential Arrow Lake refresh, it is likely to be similar in scope to the Raptor Lake refresh (14th Generation), so improvements will likely be modest at best. Intel’s next major CPU generation, codenamed Nova Lake, is slated for a 2026 launch. Nova Lake might not be a drop-in replacement for the existing LGA1851 platform, as it is rumored to require new motherboards, switching to the LGA1954 socket. Beyond these drawbacks, let’s not forget that Arrow Lake gaming performance still crawls behind AMD’s best offerings, possibly due to architectural limitations. If you’re on LGA 1700, consider waiting for Intel’s P-core-only Bartlett Lake solutions, which are rumored for a Q3 2025 reveal. The aim isn’t to dissuade you from this purchase, but to make sure you’re fully aware of the limitations these CPUs carry. Arrow Lake is still a design marvel, combining tile-based 3D packaging and a leading 3nm process node from TSMC. However, the execution fell short of expectations. Follow Tom’s Hardware on Google News to get our up-to-date news, analysis, and reviews in your feeds. Make sure to click the Follow button. Get Tom’s Hardware’s best news and in-depth reviews, straight to your inbox. Source link #Intels #Core #Ultra #265K #drops #retailers Pelican News View the full article at [Hidden Content]

EU acts to mend ailing AI competitiveness EU acts to mend ailing AI competitiveness Europe has started taking steps to fix the immense problems it believes have hampered its competitiveness and left it with an under-developed artificial intelligence (AI) industry that cannot compete on the world stage. Leaders of European Union (EU) nations, having called for urgent measures, set terms for political negotiations to simplify onerous rules governing financiers and firms angling for public funds to support investment deals in key sectors including AI. A newly formed European administration, having made mending EU competitiveness the main task for its term, published its flagship plan to do that – the AI Continent Strategy, which promised a handful of the vast array of ambitious reforms that Mario Draghi, former EU Central Bank chief, set out in his report on European competitiveness for Commission president Ursula von der Leyen last year. She pledged to implement them upon starting her second term in January. The AI plan promised to fulfil a long-held ambition to build a European cloud computing infrastructure, without which Europe would not have the capacity it would need to build an AI industry to be reckoned with. US dominance of the sector has been a rallying cry in Brussels. It promised to get traditional EU industries to actually use AI to their advantage as well, and to build a workforce capable of producing not only the AI apps industry would need to do that, but to build European AI systems the apps would run on. Only 13.5% of EU firms were using AI, Eurostat said in January. Most of those were large tech firms in wealthier North and West European countries. The Commission also pledged a single market for data – years in construction already – to corral data sources that AI developers needed to make credible systems. It also pledged tentative steps towards simplifying the vast statute of AI and digital regulations that Von der Leyen, in her last term as Commission president, spent four years erecting, only for Draghi, who she commissioned to determine why European tech was ailing, to tell her the regulations were one of the problems. Lack of choices Revisiting the issue in a recent speech, Draghi pleaded urgency in recognition that the world’s top 10 large language models (LLMs), such as those of market-leading OpenAI, included none from Europe. The symptom was evident in the choice innovative EU AI startup firms faced when seeking growth, he said: “Stay small or move to the US.” EU investors were being enticed to the US by light regulation, low taxes and a threefold saving on energy prices, said Draghi. EU startups were meanwhile further hindered by burdensome red tape, a fragmented capital market and barriers in a malformed single European market that hindered growth beyond their home nations. As for Europe’s infamous digital regulations, they prioritised precaution over innovation, and added cost for EU firms – 20% from its General Data Protection Regulation alone. Persistent barriers in Europe’s single market meanwhile amounted to a 110% tariff on EU firms. Europe wanted for a computing infrastructure to support an AI industry moreover, because it lacked investment to build one. Its fragmented capital market and bank-dominated financial system were causing €300bn a year of EU savings to go overseas. Energy prices were high and Europe was suffering a brain drain of scientists to the US as well. The EU still had a chance of becoming a world leader in AI, Henna Virkkunen, the EU commissioner responsible for the AI strategy insisted, upon introducing it. “The global race for AI is far from over,” she said. The big issues undermining EU competitiveness – its fragmented capital, energy and single markets – form the rest of an agenda the Commission declared for its term in February. The AI plan meanwhile proposes raising money to build a European industry by offering €50bn of guarantees for private investors nervous about risking their money on EU firms. Leyen declared €150bn that private investors had pledged in return. But the association of AI firms and financiers that offered it did so on the condition that the EU drastically cut the statute of over 100 tech regulations that are deterring innovation, cut bureaucracy that hindered investment, boost skills, and harmonise rules on datacentres, networks and energy needed to build computing infrastructure. It amounted to the Commission’s four-year plan. Europe lagging behind Europe’s ailment is evident in official data that, by Computer Weekly’s analysis, shows 80% of private investment in AI in the past decade was made in the US. Europe managed barely 6% of that. Lacking private investment, the Commission has found €30bn to fund 18 AI factories and gigafactories – public supercomputers it intends to nurture by providing computer infrastructure. A Cloud and AI Development Act would later this year prepare to treble datacentres housing EU computing capacity. Europe has produced less AI not only because it had less investment, but because its firms were more inclined to buy US technology, said Lex Avstreikh, head of strategy for Swedish AI data storage startup Hopsworks. “[Americans] tended to be more risk-takers, so they have more startups and more technology,” he said. “We are a bit more risk averse. We have a strong culture of software engineering [but] a less strong culture of monetising it. It’s just a matter of motivation.” Ian Andrew, chief revenue officer of US AI chip pioneer Groq, said it planned to invest in Europe after raising $640m from investors last year, but was delayed by regulatory hurdles. “The US has been the dominant region for deploying AI because of the cost of power, largely,” said Dan Scarbrough, chief of staff at *** AI infrastructure startup Stelia, which has been expanding in Europe. The US had more abundant energy as well. The AI plan pledged an office dedicated to helping firms understand Europe’s AI regulations, but deferred the greater task of simplifying its tech statute until after a public consultation. Its AI Factories would meanwhile be overseen by another office, enforcing the AI Act. At pains repeatedly to answer critics of the regulation, Virkkunen insisted recently that 85% of AI systems were not obligated to it. That AI innovators are nevertheless deterred by fear and incomprehension is a view frequently heard in the European Parliament. Source link #acts #mend #ailing #competitiveness Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

King and Queen unveil Coronation portraits at National Gallery King and Queen unveil Coronation portraits at National Gallery Daniela Relph Senior royal correspondent, reporting from the National Gallery PA Media Artists Peter Kuhfeld (left) and Paul S. Benney (right) pose with the King and Queen in front of the portraits King Charles and Queen Camilla have unveiled their new state portraits at the National Gallery on the second anniversary of their Coronation day. The paintings will be displayed in the gallery’s Central Hall before moving to Buckingham Palace in June. The portrait of the King shows him wearing the Robe of State alongside his naval uniform with medals, and the Queen is portrayed wearing her coronation dress. There was applause at the gallery on Tuesday as the couple pulled down coverings to reveal both portraits, before stepping back to admire the paintings. The King was painted by Peter Kuhfeld, who has known him for more than 40 years, while the Queen was painted by Paul S. Benney. The robe worn by the King is the one used during the first part of the coronation service. In keeping with tradition, alongside him is the Imperial State Crown. Alongside the Queen in her portrait is her crown and the Robe of Estate she wore as she left Westminster Abbey on coronation day. PA Media The King’s portrait PA Media The Queen looks on at her portrait The King sat for Mr Kuhfeld at St James’s Palace five times over a year and a half. There were also two separate sittings with just the crown. “I’ve spent quite a long time with him over the years so I’m used to being with him, ” the artist said. “As a person he’s very interesting, he is very understanding of what a painter needs to do the job.” Mr Benney had six official sittings with the Queen in the Garden Room at Clarence House. He was also allowed to set up a studio there allowing him to meet the Queen informally many times. “The sittings were extremely pleasurable on my part,” he said. “I like to talk when I’m painting… and so we had a lot of chat and stories which we told each other. “At times I would be holding my tummy from laughing so much. The Queen is very witty.” What do the royals think of the portraits? Both the King and Queen reacted positively as they looked at the portraits after their unveiling. “I suppose he thinks it’s okay,” Mr Kuhfeld said. “You never ask a sitter what they think of their own picture because I’m not sure that they know.” The Queen could be heard telling Mr Benney about her portrait: “I think it’s really lovely”. He also benefitted from some crucial family support: the Queen’s daughter, Laura Lopes, was at the National Gallery for the unveiling and complimented the painting. Mr Benney said: “The Queen has said nothing but wonderful things about it – but more importantly Laura, her daughter, likes it. “And you know when the kids like it that you’re probably on the right track.” Source link #King #Queen #unveil #Coronation #portraits #National #Gallery Pelican News View the full article at [Hidden Content]

Sprint ace Ewan stuns cycling with retirement Sprint ace Ewan stuns cycling with retirement Caleb Ewan, at his peak one of *********** cycling’s greatest talents, has stunned the sport by announcing his immediate retirement. Ewan delivered his bombshell decision on social media, saying events of the last two years – especially around his messy exit from top *********** team Jayco AlUla – have “taken a significant toll on my relationship with the sport”. The 30-year-old sprint ace started this year without a team and it looked as though his career could end prematurely. But he joined high-profile British outfit INEOS Grenadiers and made a successful return in late March, winning his first comeback race. He then claimed a WorldTour-level win last month and appeared to be back on track. “The last few years haven’t been easy, but in 2025 I found something again – not just legs, but belief – thanks to the INEOS Grenadiers,” he wrote. “They gave me space, trust and the environment to rediscover what I am capable of. I won again. “But the truth is that even when I crossed the line first, that feeling – the one you chase for years – faded quicker than it used to. “My experiences of the last seasons, in particular the second half of 2024, has taken a significant toll on my relationship with the sport. I’m glad I didn’t let that ******* define the end of my career.” Ewan’s woes can be traced back to 2021, when he was at the peak of his powers and one of road cycling’s premier sprinters. He publicly declared his bold ambition that season to win stages in each of cycling’s Grand Tours and was on track, with two in the Giro d’Italia. But Ewan crashed at the end of stage four in the Tour de France and suffered a broken collarbone that needed surgery. While he returned to racing a few weeks later, he was never the same rider. He left Belgian team Lotto Dstny in strained circumstances at the end of 2023 and returned to Jayco AlUla, where he had started his professional career. But that did not go well and in early January, it suddenly became apparent that Ewan’s profile had disappeared from the team website. By the end of the month, he had signed with INEOS Grenadiers. Ewan has had a rich cycling career, with five stage wins at the Tour de France and another five at the Giro d’Italia. He was also runner-up twice at Milan Sanremo, one of cycling’s five one-day monuments and a major career goal that Ewan never quite cracked. Ewan won nine stages at Adelaide’s Tour Down Under and for several years was one of the biggest stars in *********** cycling. “Over the course of my 11-year career, I’ve achieved more than I ever imagined possible,” Ewan posted. “The journey has exceeded every expectation I once had and I’m deeply grateful. “But what once felt like everything to me no longer does.” Ewan thanked many people in his post, including his parents, wife Ryann and their three children, and his long-time manager Jason Bakker. Source link #Sprint #ace #Ewan #stuns #cycling #retirement Pelican News View the full article at [Hidden Content]

The Best Turkey Meatballs I’ve Ever Made The Best Turkey Meatballs I’ve Ever Made I finally met a turkey meatball I love, after years of trying. Ground turkey is bland compared with beef and pork, which sets me up for a lackluster meatball. The texture is often problematic, too: dry, dense or both. But Ali Slagle, borrowing a trick from the cookbook author Julia Turshen, adds a good amount of ricotta cheese to the turkey mixture. The result is a pan of meatballs so tender that you can easily slice into them with a spoon as you scoop up saucy bites from your bowl. When I made these meatballs for dinner last week, it was far too hot outside for a buttery sauce and mashed potatoes on the side, as the recipe suggests — delicious, but wintry. So I tossed about a pint of halved cherry tomatoes into the pan and let them cook down along with the meatballs, and then served it all with toast. Light, bright: This is my summer 2025 meatball dinner. I will not be making meatballs this week, however — I’m heading to Chicago! Melissa Clark and I will be chatting about home cooking at the Chicago Humanities festival this Saturday, May 10, at the Ramova Theater at 11 a.m. Tickets are here. Chicagoans, I would love to meet you in person. 1. Turkey-Ricotta Meatballs Ground turkey can be tricky to work with — it’s relatively wet and sticks to your hands, making it difficult to roll a nice meatball. Ali’s solution is to lightly oil her hands before she starts shaping. View this recipe. 2. Sheet-Pan Salmon and Broccoli With Sesame and Ginger I made this Lidey Heuck recipe last week, too, and my kids ate it with a side of rice. Victory! This is delicious and very doable on a busy evening — start the rice first, and then make the glaze for the salmon as the oven heats up. 3. Butter Paneer I have paneer in the fridge all ready to go for this recipe from Zainab Shah, a streamlined take on the classic that’s still richly flavored and infused with heat. Use firm tofu instead of paneer if you’d like (a swap that makes the dish vegan). View this recipe. 5. Chickpea Picadillo Ooh, a new recipe from Rick Martínez — you know it’ll be delicious. It’s a plant-based version of a ******** picadillo, rife with chickpeas, mushrooms, grated tofu (which crisps up pleasingly in the pan), tomatillos, scallions and hot peppers. Serve with rice and beans, and I’d add tortillas, too. View this recipe. Source link #Turkey #Meatballs #Ive Pelican News View the full article at [Hidden Content]

Oblivion Remaster Still Behind Assassin’s Creed Shadows in Sales Oblivion Remaster Still Behind Assassin’s Creed Shadows in Sales Some consider Assassin’s Creed Shadows to be the silver bullet that Ubisoft needed to survive in the gaming scene. It might indeed be true. As of now, it has been reported that the title remains at the top of the chart in terms of sales. Who would have thought that? But don’t get your fancy celebratory pants just yet if you are looking forward to Ubisoft’s success. The sales numbers have been tallied throughout the two-month ******* after the “AAAA” release. In comparison, The Elder Scrolls 4: Oblivion Remaster is slowly climbing the charts too. Only after a week of its release, it has sneaked into the third position in terms of total sales. Will Bethesda take the lead this week? Assassin’s Creed Shadows may be leading the marathon, but Oblivion Remaster is speeding up Assassin’s Creed Shadows is still not out of the woods. | Image Credit: Ubisoft ⛶ × Mat Piscatella, the executive director and video game industry analyst at Circana, claimed that Assassin’s Creed Shadows is still holding the top spot of best-selling games of 2025 in the US. Mat also mentioned that The Elder Scrolls 4: Oblivion Remaster is the best-selling game of the week. This was enough to make Oblivion Remaster the third-best-selling game of 2025, right after Monster Hunter: Wilds and Assassin’s Creed Shadows. With numbers skyrocketing only after a week, in a month, it might just claim the top spot. Additionally, The Elder Scrolls 4: Oblivion Remaster didn’t have a physical copy release, which could have boosted the sales further. What’s done is done, but give Oblivion Remaster a break here, it’s just been a couple of weeks. Xbox released two of its massive sellers almost together, which has caused massive commotion (in a good way). Clair Obscur: Expedition 33 was released only two days after the shadow drop of Oblivion Remaster. As both games are doing great in the gaming scene, consumers are getting confused over which one to buy. Gamers are not missing a chance to look at Assassin’s Creed Shadows’ downfall, though. From watching the success of ex-Ubisoft devs in Clair Obscur: Expedition 33 to having a remaster of a 20-year-old game being more successful than their release, things still look dire for Ubisoft. Maybe someday they will rise to glory once again. Will Assassin’s Creed Shadows manage to survive in the battlefield of the gaming market? Judging from the sales rate, AC Shadows is rising more slowly than its competitors. Moreover, it’s not a commercial success just yet, as they need to sell 7.1 million copies to raise $350 million, the predicted initial budget for the game (via The Globe and Mail). Ubisoft hasn’t revealed how many copies it has sold exactly at the time of writing (except for the 2 million players post back in March, which include Ubisoft+ players), so it can’t be said if it is a success yet. With more games coming in the future, the odds will surely decrease for it to get bulk sales. On the contrary, Clair Obscur: Expedition 33 ended up being a success by selling over one million copies. Additionally, the game was only priced at $50, compared to others costing $70. Which has also put up the question, if indie dev studios can do it, why not the top-dogs? The same type of analytics cannot be provided for Oblivion Remaster, as Bethesda hasn’t revealed how much it took to make. Sales indicate that Oblivion has sold around 2 million copies (and many more if you count Game Pass), which should add up to make a revenue of $100 million. Whether that’s a success or not, it can’t be said for sure. Do you think Assassin’s Creed Shadows will end up being a success despite having a lot of troubles? Do you want to see Ubisoft fail or succeed? Tell us why in the comments down below, it’s free. Source link #Oblivion #Remaster #Assassins #Creed #Shadows #Sales Pelican News View the full article at [Hidden Content]

Onsemi Stock Confirms Bottom, but What’s the Upside? Onsemi Stock Confirms Bottom, but What’s the Upside? ON Semiconductor Corporation (NASDAQ:)’s stock price action hit its bottom in late April and offered an attractive entry in May. The Q1 results weren’t spectacular, with revenue contracting by 22%, but they were better than expected. Guidance was also raised above the analysts’ consensus, and both align with an outlook for growth to resume next year. Greenshoots revealed by the company in its report and conference call indicate that the business is improving. This semiconductor stock may take some time to regain traction and trend higher. Still, new lows are unexpected, and the upside potential is substantial, providing an attractive risk-to-reward scenario. Onsemi trades at a low 17x earnings, even lower when compared to the forward outlook, and has many tailwinds to support long-term growth. These include rapidly advancing automotive technology, industrial application of digital technology, AI, and the IoT. Each has a robust outlook for growth and is expected to accelerate in the coming quarters despite macroeconomic headwinds. Macroeconomic headwinds will hamper the rebound in 2025 but dissipate over time as global trade relations normalize. Analysts and Institutional Activity Mark Onsemi’s Stock Price Bottom Analyst sentiment trends helped Onsemi’s stock price fall to multi-year lows in 2025 and provide a catalyst for the market in Q2. The trends include a steadily declining consensus price target as reported by MarketBeat, offset by a firm Hold rating with bullish bias and an outlook for 45% of upside. The catalyst is in what the analysts do next. The Q1 results and Q2 guidance suggest an end to the reductions and a high likelihood for price target increases, a catalyst for rising share price action. As it is, Onsemi’s stock price is bouncing from the analysts’ low-end range, another factor suggesting this stock has reached its bottom. Assuming the analysts begin to reaffirm targets, the rebound in Onsemi stock will begin sooner rather than later and could increase this stock by double-digits by the year’s end. Likewise, data from MarketBeat shows that institutions sold in Q1 2025 but reverted to buying in early Q2, a sign that this stock’s decline had reached its end. Greenshoots Appears for Onsemi Despite Struggles in Q1 Onsemi struggled in Q1, with all end markets contracting. The weakness was worst in the PSG segment, which contracted by 26%, followed by a 20% decline in ISG and a 19% contraction in AMG. Onsemi MarketRank Stock Analysis Overall MarketRank: 98th Percentile Analyst Rating: Moderate Buy Upside/Downside: 59.4% Upside Short Interest Level: Healthy Dividend Strength: N/A Environmental Score: -1.10 News Sentiment: 0.90 Insider Trading: N/A Projected Earnings Growth: 41.54% The worst news is that margins were also significantly impacted, but not all the news is bad. Revenue and earnings are ahead of expectations, and the company’s positioning efforts have significantly improved cash flow. Cash from operations topped $602 million, or more than 40% of revenue, while free cash flow (FCF) grew by more than 70% to $455 million. FCF is critical because Onsemi is a capital return machine that uses more than 60% of it to buy back shares. Share repurchases in Q1 were accelerated from trend, reducing the count by 1.9% sequentially and 3.5% compared to last year. The guidance is also good and sufficient to sustain the balance sheet health and capital return while aligning with an outlook for resumed growth in 2026. CEO Hassane El-Khoury and the company say they’ve scored critical wins across all end markets and are guiding for Q2 revenue near $1.45 billion at the midpoint. That’s flat compared to Q1, with contraction slowing from 22% to 16%. Onsemi Builds Value for Investors Onsemi’s balance sheet reflects the impact of divestitures, repositioning, and share buybacks, with equity down in Q1. Equity fell by roughly 1.6%, but the share count decline, cash flow improvement, and outlook for capital return sustainability offset the loss. The bottom line is that this business’s leverage remains low and will continue to do so in 2025 and beyond. As its business rebounds and the share count steadily falls, this will build leverage for investors. Original Post Source link #Onsemi #Stock #Confirms #Bottom #Whats #Upside Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Major universities sue to block Trump cuts to NSF research funding Major universities sue to block Trump cuts to NSF research funding A man walks through Killian Court at MIT in Cambridge. REUTERS/Brian Snyder Major U.S. universities have filed a lawsuit seeking to block President Donald Trump’s administration from carrying out steep cuts to federal research funding provided to academic institutions by the National Science Foundation. The lawsuit was filed late on Monday in federal court in Boston by 13 schools including the Massachusetts Institute of Technology and Princeton University, as well as the Association of American Universities and two other academic trade groups. They took aim at a decision NSF announced on Friday to cap reimbursement for indirect research costs at 15%, an action that mirrored funding cuts the National Institutes of Health and U.S. Department of Energy attempted that judges have so far blocked. “We are seeking to prevent implementation of this poorly conceived and short-sighted policy, which will only hurt the American people and weaken the country,” the trade groups said in a joint statement. Other schools that joined the lawsuit include Brown University, the University of California, California Institute of Technology, Carnegie Mellon University, Cornell University, the University of Michigan and the University of Pennsylvania. NSF did not immediately respond to a request for comment. The NSF funding cuts are part of the Trump administration’s wide-ranging efforts to slash government spending, an effort overseen by the Elon Musk-spearheaded Department of Government Efficiency. NSF, a $9 billion agency that funds scientific research, has already canceled hundreds of grants out of step with the Republican president’s priorities at a time when the administration has also been freezing billions of dollars in government funding for numerous universities, including Harvard. NSF on Friday said that going forward it will cut the rate at which it reimburses research institutions for “indirect costs” related to achieving a scientific project’s goals, such as computer systems, equipment and infrastructure. NSF said the rate cut was intended to “streamline funding practices, increase transparency, and ensure that more resources are directed toward direct scientific and engineering research activities.” But the lawsuit argued NSF’s action, if allowed to stand, “will badly undermine scientific research at America’s universities and erode our nation’s enviable status as a global leader in scientific research and innovation.” The lawsuit argued the policy was just as unlawful as the rate cuts that courts have blocked at NIH and the Energy Department, saying it violated statutes and federal regulations governing indirect cost rates. Source link #Major #universities #sue #block #Trump #cuts #NSF #research #funding Pelican News View the full article at [Hidden Content]

A 34-year-old woman developed rare bone fractures from breastfeeding. She had to use a walker and sneezing caused the ‘worst pain’ of her life. A 34-year-old woman developed rare bone fractures from breastfeeding. She had to use a walker and sneezing caused the ‘worst pain’ of her life. Ultima Espino, 35, developed symptoms of osteoporosis after giving birth. She had multiple unexplained bone fractures and started using a walker. She was diagnosed with pregnancy and lactation-associated osteoporosis, a rare form of the disease. Less than six months after giving birth to her second son, Ultima Espino was using a walker. Espino, 35, remembers the first jolt of pain in her back three months postpartum, when she lifted her three-year-old son out of the car. She thought she had tweaked it. “I felt like I pulled a muscle so severely that every single hour of every day, that pain was compounding,” Espino told Business Insider. It wasn’t until months later — after cycling through multiple doctors offices — that she learned she actually had multiple bone fractures in her spine, a rare syndrome triggered by breastfeeding. Espino was confused. She was very active throughout both her pregnancies, attending Orangetheory classes. She worked out all throughout her first pregnancy — her water broke while she was exercising — but she had to stop during her second when she felt some joint pain two months before her due date. “I just chalked it up to ‘most women don’t work out that far into pregnancy,'” she said. After giving birth, Espino felt fine until the back incident. Within months, the pain became so severe that she started wearing a back brace recommended by an interventional spine and pain management physician. Eventually, when she was struggling to walk, her husband suggested they buy a walker. The cause turned out to be osteoporosis, a disease most associated with post-menopausal women. Excruciating pain with no answers At first, Espino, who works as a senior director of sports partnerships at Orlando Health, thought she had a common sports and postpartum issue: a weakened core. She booked an appointment with a pelvic floor physical therapist. By the time she saw the PT, her pain was much more severe. “I couldn’t put on pants without crying,” she said. The PT reiterated that her pain wasn’t related to her core. “They’re like, ‘You belong somewhere else,'” Espino said. “It’s definitely not here.” Her pain accelerated for months, with no clear answers. She couldn’t lay her newborn down without first needing to rest her forearms on either side of the bassinet. She also couldn’t do it without “wailing in pain.” Putting the car seat in and out of the car was even more challenging. Once, when she was trying to remove the car seat with her baby still in it, she felt the pain again, and the seat started to fall. A dad ran up to catch the car seat in time. That’s when Espino started to realize there were ******* issues besides a pulled muscle or tweaked back. Her husband, concerned about her pain, suggested they get her a walker for the time being. Once she did, it helped her get from one end of the house to the other “without feeling like I was going to break.” The true wake-up call came one morning, when Espino was already feeling a lot of pain. She was helping her older son get dressed for school. Suddenly, she felt a sneeze coming. “My entire body knew that that was not going to go well,” she said. The pain was “out of the park” the worst she’d felt in her life, more debilitating than long hours in labor. “It felt like my spine was being pulled apart,” she said. An ‘aha’ diagnosis moment Imaging shows compression fractures in Espino’s spine.Ultima Espino Espino was rushed to the Orlando Health Jewel Orthopedic Institute and got an MRI. She learned she had four compression fractures in her spine. She was immediately sent for testing, from calcium analysis to ultrasounds. A DEXA scan, which measures muscle and bone mass, finally confirmed that she had osteoporosis — though it was still unclear how or why. We spoke to one of Espino’s doctors: Dr. Christine Jablonski, who specializes in bone health and orthopedics at Orlando Health. She suspected that Espino, whose mother was also diagnosed with osteoporosis at a young age by Jablonski, might have a rare form of osteoporosis related to lactation. In both pregnancies, Espino had an overproduction of milk, which could lead to calcium loss. When the body can’t rebound from overproduction, it can result in osteoporosis. “It’s not very common and I hadn’t seen it before, but I suspected this was the cause of Ultima’s condition,” Jablonski told Business Insider. Around that time, Jablonski just so happened to attend the annual Interdisciplinary Symposium on Osteoporosis in Washington, DC, when one of the speakers gave a talk on pregnancy and lactation-associated osteoporosis (PLO). After the presentation, she rushed over to the speaker and shared Espino’s symptoms. He confirmed that it sounded like PLO. From there, she was able to piece together what likely happened: Espino was genetically predisposed to develop osteoporosis. Because she had two pregnancies close together — at 30 and 33 — and had an overproduction of milk, it created a “perfect storm” for developing osteoporosis, Espino said. Parenting while recovering After a year of treatment, Espino is still in pain, but has seen improvements: she can hold her son.Ultima Espino Espino was instructed to stop breastfeeding her son to curb her calcium loss. Emotionally, it was a hard rule to follow: her first son didn’t latch, and she loved the bond she felt breastfeeding her second. She was also discouraged from getting pregnant again, as it could exacerbate her osteoporosis even more. “We were planning to probably be done with two, but to be told, in the height of pain, that you likely shouldn’t carry another baby and to stop breastfeeding, that was super hard,” she said. For the past year, Espino has been receiving bone growth injections and taking calcium supplements. Within the first six months of treatment, her bone density increased by 15% and one of her compression fractures healed. While her pain became less constant, she has no hard timeline for when she’ll be pain-free. Still, she’s seen small improvements in her quality of life. She can hold her one-year-old and lower herself on the floor to play with her four-year-old son. Ultimately, she’s glad she sought medical help and wishes more moms would do the same, even if her condition is very rare. “Especially as moms, we really just take it all on and say, ‘we know these years are going to be hard,'” she said. “If Mom isn’t taking care of herself, no one else can.” Read the original article on Business Insider Source link #34yearold #woman #developed #rare #bone #fractures #breastfeeding #walker #sneezing #caused #worst #pain #life Pelican News View the full article at [Hidden Content]

Wall Town Wonders VR (PC) Review – CGMagazine Wall Town Wonders VR (PC) Review – CGMagazine Duuro says; “While the casual pacing and lack of strategic depth may not appeal to everyone, those who approach Wall Town Wonders with the right expectations will find a delightful, relaxing experience that brings a touch of magic to their daily routine.” Source link #Wall #Town #Wonders #Review #CGMagazine Pelican News View the full article at [Hidden Content]

Don’t count former JPMorgan strategist Kolanovic as part of the Palantir ‘growth cult’ Don’t count former JPMorgan strategist Kolanovic as part of the Palantir ‘growth cult’ Former JPMorgan strategist Marko Kolanovic is questioning Palantir ‘s booming valuation. “So if i read this correctly $PLTR now grows slower than an average tech stock, but has a multiple that is ~25 *times* higher than an average tech stock,” Kolanovic wrote in a Monday post on X . “I must not be part of that growth cult i guess.” Known for his bearish calls, Kolanovic departed JPMorgan last summer after nearly two decades at the firm. His comments follow Palantir CEO Alex Karp’s enthusiastic letter to shareholders on Monday , which went as far as to assert that the company’s financial performance is exceeding “many of our greatest expectations.” The company’s first-quarter earnings matched Wall Street’s consensus estimates, while revenue came in better than expected. Palantir raised its revenue forecast for the full-year to a range of $3.89 billion to $3.9 billion, and said it expects commercial revenue above $1.18 billion this year. Palantir said it is benefiting from widespread adoption of its artificial intelligence software, still shares were about 13% lower on Tuesday. The stock has so far been an outlier in an otherwise rough ******* for technology stocks, notching a gain of more than 40% year to date, compared with the Nasdaq Composite’s 8% slump in 2025. Several analysts are calling for sharp declines in Palantir stock , saying its valuation has run too far and its international growth is lagging. Source link #Dont #count #JPMorgan #strategist #Kolanovic #part #Palantir #growth #cult Pelican News View the full article at [Hidden Content]

Trump pick for D.C. federal prosecutor opposed by key Republican Trump pick for D.C. federal prosecutor opposed by key Republican Sen. Thom Tillis, R-N.C., speaks to reporters as he leaves the Senate floor in the U.S. Capitol on Thursday, March 13, 2025. Bill Clark | Cq-roll Call, Inc. | Getty Images A key Republican senator on Tuesday said he would not support the nomination of Ed Martin, President Donald Trump’s pick to be the U.S. Attorney for the District of Columbia, dealing a potentially fatal blow to Martin’s chances of winning Senate confirmation. Sen. Thom Tillis, R-N.C., said, “I’ve indicated to the White House I wouldn’t support his nomination.” Tillis’ decision is likely to doom Martin’s hope of his nomination even being reported out of the Senate Judiciary Committee, of which Tillis is a member. This is breaking news. Please refresh for updates. Source link #Trump #pick #D.C #federal #prosecutor #opposed #key #Republican Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Rihanna Appeared to Confirm Third Pregnancy at Met Gala – The New York Times Rihanna Appeared to Confirm Third Pregnancy at Met Gala – The New York Times Rihanna Appeared to Confirm Third Pregnancy at Met Gala The New York TimesPregnant Rihanna Bares Her Baby Bump in ****** Blazer and Maxi Skirt at 2025 Met Gala Afterparty People.comRihanna debuts baby bump at 2025 Met Gala after surprise announcement: See the photos USA TodayRihanna reveals third pregnancy at the Met Gala CNNRihanna Wears Open Bump-Revealing Top to the Met Gala After Party Cosmopolitan Source link #Rihanna #Appeared #Confirm #Pregnancy #Met #Gala #York #Times Pelican News View the full article at [Hidden Content]

Coronation portrait of ***’s King Charles unveiled Coronation portrait of ***’s King Charles unveiled LONDON (Reuters) – The official coronation portrait of Britain’s King Charles was made public on Tuesday, two years after he was crowned, in a tradition dating back more than 400 years to a time when such a painting often became the defining image of a monarch. The portrait of Charles, in his Robe of State standing beside the Imperial State Crown, and one of his wife, Queen Camilla, will go on display in London’s National Gallery for a month before being moved to Buckingham Palace, their permanent home, Buckingham Palace said in a statement on Tuesday. Charles, 76, who was diagnosed with an unspecified form of ******* early last year some 10 months after his coronation, has been sitting for the portrait while he undergoes treatment. The king and queen commissioned the paintings shortly after the coronation ceremony at London’s Westminster Abbey, choosing different artists. Charles was painted by Peter Kuhfeld, while Camilla selected Paul Benney, Buckingham Palace said. “I have tried to produce a painting that is both human and regal, continuing the tradition of royal portraiture,” Kuhfeld said in a statement of the image of the king whose backdrop is the Throne Room in St James’s Palace. Camilla is seen wearing her Coronation Dress of ivory coloured silk, next to a different crown. Benney said he wanted to acknowledge the historic nature of the coronation while also showing “the humanity and empathy of such an extraordinary person taking on an extraordinary role”. Historically, the paintings were used as a show of power. The earliest example in the royal collection is the state portrait of James I of England, James VI of Scotland, from 1620. (Reporting by Sarah Young; editing by Michael Holden) Source link #Coronation #portrait #UKs #King #Charles #unveiled Pelican News View the full article at [Hidden Content]

Real Reason EA Abandoned Dead Space 4: “We tried” Real Reason EA Abandoned Dead Space 4: “We tried” EA’s legendary sci-fi survival horror franchise Dead Space has seemingly taken a ********* after the release of Dead Space (2023) and it’s confusing considering how well received and critically acclaimed the remake was, with some players even calling it the best remake of all time. Plus, it has such a strong legacy franchise that you’d think that EA would easily pump out another remake, let alone another new game. But if you’re hoping for them to do something with the universally loved franchise, then we’ve got some terrible news for you, unfortunately. Dead Space 4 was actually pitched, but talks fell through Last year, Dan Allen Gaming interviewed veterans of the now-shut-down EA Redwood Shores/Visceral Games’ Glen Schofield, Christopher Stone, and Bret Robbins, and they revealed that a Dead Space 4 was pitched, but talks ultimately fell through. We tried actually, the three of us. Dead Space 4. We’re talking this year. They revealed that EA simply wasn’t interested in making another Dead Space game. Considering how well received the remake was, it is baffling to see the publisher backing away from the franchise entirely. A potential Dead Space 4 picking up from where the third game ended seems like a no-brainer, right? But alas, the business executives and the sales numbers have much higher authority over an IP than the creatives themselves, which is how it has always been, but it’s sad to see that trend increasing. We didn’t go too deep. They just said, ‘We’re not interested right now. We appreciate it blah blah blah, and you know we know who to talk to.’ So we didn’t take it any further. And we respected their opinion. They know their numbers and what they have to ship and all that so yeah. Schofield, the mastermind behind survival horror series himself stated that he has ideas about a fourth Dead Space game, which would most likely further continue Isaac Clarke’s story. Yeah, we got some ideas. If the creator of the IP doesn’t have any leverage, then it’s safe to say that EA has completely given up on the franchise in its entirety. EA not being interested in Dead Space is like Remedy not being interested in Alan Wake. It’s an incredible sci-fi horror title that the publisher should pay more attention to. But it seems that the industry’s high sales expectations and decreasing interest in the franchise made EA reconsider any talks of making a Dead Space 4. The industry is in a weird place right now. People are really hesitant to take chances on things. So you got to take it with a grain of salt. Who knows, maybe one day. I think we’d all love to do it. That one day doesn’t seem to be in EA’s foreseeable future, as they’re now focusing on anything but Dead Space. So, Dead Space fans should reserve their hopes for a second remake or even a potential Dead Space 4. If another remake isn’t in the cards, then a fourth mainline game is a pipe dream, considering Dead Space 3 released over a decade ago. EA is now fully focusing on Battlefield 6 EA’s next title is the sixth instalment in the Battlefield franchise | Image Credits: Electronic Arts While Dead Space may be a goner for the foreseeable future, EA is hard at work in making the next mainline Battlefield as good as possible after the infamously horrible reception of Battlefield: 2042. Leaked test gameplay footage shows us that the game is going back to its realistic military roots that made the franchise special in the first place. At least one franchise is getting some love from EA, even after 2042’s failure. What do you think about the Dead Space situation? Do you think the franchise deserved to come back? Or is EA better off focusing on other titles for the foreseeable future? Share your thoughts and opinions in the comment section below! Source link #Real #Reason #Abandoned #Dead #Space Pelican News View the full article at [Hidden Content]

Opinion: Trump has made it (almost) impossible for Powell to cut interest rates – MarketWatch Opinion: Trump has made it (almost) impossible for Powell to cut interest rates – MarketWatch Opinion: Trump has made it (almost) impossible for Powell to cut interest rates MarketWatchFed Confronts Lose-Lose Scenario Amid Haphazard Tariff Rollout WSJTrump wants the Fed to cut rates on Wednesday. Will Jerome Powell oblige? CBS NewsThe Fed’s Tough Spot: What to Expect from the May FOMC Meeting MorningstarThe Fed Isn’t Likely to Cut Rates Proactively Despite Economic Concerns. Here’s Why. The New York Times Source link #Opinion #Trump #impossible #Powell #cut #interest #rates #MarketWatch Pelican News View the full article at [Hidden Content]

Flu vaccine coverage drops in Australia, experts call for urgent action Flu vaccine coverage drops in Australia, experts call for urgent action *********** health experts are sounding the alarm over low flu vaccination rates as winter sets in, warning children and older adults are particularly vulnerable to a dangerous and potentially deadly flu season. Despite being eligible for free flu shots, fewer than one in three children under five, and just 32.5 per cent of Australians aged 65 and over, have been vaccinated so far this year. In the first three months of this year, 84 people died from Influenza, according to data from the *********** Bureau of Statistics, released last week. A social scientist with the University of Sydney’s Infectious Diseases Institute, Professor Julie Leask, said the nation’s flu vaccination coverage is “perpetually low”. “Our influenza vaccination rates in Australia are dire and they’re not improving,” she said Professor Leask said some flu-related hospitalisations and deaths were “potentially preventable”. Camera IconProfessor Leask suggested that the COVID-19 pandemic may have contributed to the unusually low vaccination rates. NCA NewsWire / David Geraghty Credit: News Corp Australia “The vaccine isn’t perfect, but it’s much better than zero, which is what you’re looking at if you don’t have a vaccine. Of course, there are other measures to reduce the risk of respiratory infections, but nothing matches an effectiveness of even between 50 and 70 per cent and even better in children having that vaccine,” she said. The National Centre for Immunisation Research found that just 62 per cent of people received a flu vaccine by the end of the 2024 season, a drop compared to 2022. Children, aged six month to five year olds, had a low coverage rate of 28 per cent. Professor Leask said new data from the 2025 National Vaccination Insights Project, which surveyed more than 2000 adults in March, shows many Australians are underestimating the seriousness of influenza, with nearly one-third not having had a flu shot in the past two years. Camera IconProfessor Julie Leask said Australians are underestimating the seriousness of influenza. supplied Credit: Supplied By March, only 32.5 per cent of people aged 65 and over, one of the most vulnerable groups, had received their flu shot, a rate that shows no improvement on previous years. 32 per cent of all adults surveyed reported they hadn’t received a flu vaccine at all in the past two years. Cost, inconvenience, and access, especially in rural areas, were key barriers to getting vaccinated, according to the survey. The most common places people received their flu shot were GP clinics, pharmacies, and workplaces. Although many respondents said they planned to get vaccinated, concern about catching the flu remained low, even among groups at higher risk of severe illness. While the majority of respondents believed the flu vaccine was safe, 22 per cent did not. Camera IconWith flu vaccination rates still low, experts stress that this year’s flu season could have dire consequences, especially for the elderly and young children. NCA NewsWire / Daniel Pockett Credit: News Corp Australia Professor Leask suggested that the COVID-19 pandemic may have contributed to the unusually low vaccination rates. “The idea here is that after Covid, people were really over the topic of vaccination,” she said.“There might have been a bit of a backlash in some groups about that, and people wanted to get on with their lives and were a little bit disengaged from vaccination.” Dr Paul Griffin, an infectious diseases physician, underscored the yearly devastation caused by the flu. “We know that there’s deaths in the order of thousands, hospitalisations around 20,000 every year,” Dr Griffin said. “Hundreds of thousands of doctors at visits and quite a lot of financial implications in terms of lost work days. So while a lot of people underestimate the flu at the moment, the impact is very significant.” Camera IconDr Paul Griffin said the impact of the flu is “very significant”. supplied Credit: Supplied He said people at higher risk include children, older adults, pregnant women, people with chronic medical conditions, Aboriginal and Torres Strait Islanders, and smokers. “It’s not just a flu, it’s a very severe viral infection in its own right and can be life threatening,” he said. Professor Leask said that dispelling myths, along with effective campaigning and communication, and convenient access could help increase vaccine uptake. “We need to keep busting those myths, such as the flu vaccine gives you the flu, it doesn’t. “Campaigns need to remind people of the benefits to self and others if we get a vaccine. We might not think we’re at risk, but we may help protect other people who are. “We might not think we’re at risk, but we may help protect other people who are,” she said. Source link #Flu #vaccine #coverage #drops #Australia #experts #call #urgent #action Pelican News View the full article at [Hidden Content]

US electric vehicle market amid trade and policy uncertainty US electric vehicle market amid trade and policy uncertainty Both the Biden and Trump administrations have aimed to reduce US reliance on ********-made vehicles, but their strategies diverge significantly in terms of supporting the growth of the EV production from US automakers. The ongoing US-China trade war is set to negatively impact the US EV market, particularly due to the heavy dependence on ******** imports like lithium-ion batteries. US EV manufacturers already struggle to keep up with cost-competitive ******** EVs in terms of global sales, but it’s Trump’s broader rollback of EV-friendly policies that poses the biggest threat to future domestic sales. Both the Biden and Trump administrations have shared a common objective: reducing the United States’ dependence on foreign-made vehicles, particularly from China, to protect domestic manufacturers and bolster local production. In 2024, the Biden administration imposed a 100% tariff on ******** EVs and a 25% tariff on lithium-ion EV batteries. The aim was to safeguard US manufacturing while accelerating the decoupling from ******** supply chains. Biden’s vision was not only about reducing foreign reliance but also ensuring that the US could continue to manufacture EVs at scale. For example, Biden’s Administration set an ambitious goal that 50% of all new vehicles sold in the US by 2030 would be battery electric vehicles (BEVs). To achieve this goal, the Biden Administration focused on infrastructure development, allocating $5bn under the National Electric Vehicle Infrastructure (NEVI) Formula Program to build a nationwide network of 500,000 high-speed EV charging stations by 2030, but also strengthening the domestic battery manufacturing sector. In fact, in September 2024, the US DoE announced over $3bn in funding for 25 projects across 14 states, aiming to enhance the production of advanced batteries and battery materials, with awardees including major companies such as Honeywell. This plan has faced significant setbacks under the new administration. While continuing the decoupling from ******** supply chains, President Trump recently imposed a 145% tariff on ******** goods – which include EV components such as lithium-ion batteries. Unlike his predecessor, Trump has shown little interest in protecting the EV supply chain. These new tariffs are expected to sharply increase the cost of battery cells, drive up EV prices, and dampen domestic sales. This is particularly concerning given that China currently houses 75-85% of global lithium-ion battery cell production capacity. Adding to the uncertainty, China announced in April 2025 that it would restrict exports of seven heavy rare earth elements, including dysprosium and terbium, which are currently used in many EV motors. With China controlling around 60% of global rare earth elements (REE) mining and 90% of its processing, the US remains highly exposed in the event of prolonged trade escalation. US-built vehicles rely heavily on international supply chains – Tesla, for example, imports 20% to 25% of its components from other countries. This creates a complicated dynamic for Tesla. While Elon Musk has generally aligned with President Trump on several issues, recent developments around tariff policy have exposed some friction. Musk has repeatedly expressed opposition to sweeping tariffs, which have disrupted global markets and hit Tesla especially hard, given its dependence on ********-made components. Tesla’s stock has since fallen nearly 50% from its December 2024 peak, underscoring the company’s exposure to rising costs and shaken investor confidence. ******** automakers were already outpacing their US counterparts in terms of cost competitiveness. In particular, BYD’s aggressive pricing and domestic supply chain advantages have enabled it to offer EVs at significantly lower prices. As a result, in Q4 2024, BYD officially surpassed Tesla in global EV sales, delivering 594,839 units, versus Tesla’s 491,062, marking the first time Tesla lost its quarterly global sales lead in the electric vehicle market since 2018. Moreover, the imposition of these tariffs has led to diplomatic friction, retaliatory tariffs and many consumers resisting purchasing US goods as a form of protest, which could further shrink the global market for American EVs. In response to growing industry concerns, the Trump administration has granted temporary exemptions for certain automakers, particularly those relying on supply chains that run through Canada and Mexico. In March 2025, it issued a one-month reprieve from tariffs for companies including Ford, General Motors, and Stellantis, following backlash from major car manufacturers. Additionally, on the 29th of April, Trump suggested he would ease tariffs affecting car production costs after pressure from US-based automakers, stating he wanted to “take care of our car companies” in light of rising input costs and industry complaints. While this could offer some short-term relief for ICE vehicles, it does little to address the long-term challenges of EV supply chain localisation. Shifting the US EV production supply chain away from China to other critical material-rich sources is an ongoing process. For example, while Tesla has made major investments in lithium-ion battery production at its Gigafactory in Nevada, most of the lithium originates from overseas, including China, South America, and Australia. Domestic lithium extraction projects, like those in Nevada’s Thacker Pass or North Carolina’s Piedmont Lithium project, are only a couple of years away from large-scale production, but permitting, environmental concerns, and infrastructure challenges may cause significant delays. The US is ramping up domestic battery production, globally ranking second with a total of 91 lithium-ion EV battery plants due to come online between 2025 and 2032. These plants include both public and private projects, such as the US DoE’s Blue Oval EV Battery Plant Development Program, with a project value of $9.2bn, and General Motors’ EV Transition Program, with a project value of $7.2bn. Yet the gap remains vast: in addition to its existing manufacturing capability, China currently has over 277 upcoming lithium-ion battery plants set to reach completion between 2025 and 2032 – more than triple the US total. This not only underscores the continued dominance of ******** battery manufacturing despite growing US momentum, but also highlights how the US will unlikely be able to offset near-term supply chain disruptions and rising costs with its domestic production alone. Beyond tariffs, the Trump administration’s broader policy shifts are poised to significantly impact the US EV market. Notably, plans to ease fuel economy and CO₂ reduction targets would reduce the pressure on automakers to invest in expensive electrification technologies or increase BEV sales, allowing them to focus on higher-profit combustion engine vehicles. Additionally, the administration’s intent to eliminate the $7,500 federal EV tax credit – a move supported by Tesla but opposed by other automakers – could drastically reduce EV demand. These impending policy changes have already led to tangible setbacks in the industry. Several battery investments have already been delayed or canceled, including LG’s Queen Creek plant in Arizona, planned for EV and energy storage batteries, and the HL-GA Battery Company plant in Georgia, set to supply Hyundai and Kia EVs, as companies reassess the viability of their EV strategies in the face of policy uncertainty. As the situation continues to evolve amid ongoing trade negotiations and shifting tariff policies, there have been temporary exemptions granted for certain categories, for example, consumer electronics, including smartphones and laptops. Although examples like the above suggest Trump is willing to ease tariffs in specific sectors – including cars – these moves are not aimed at supporting EV supply chains in particular. As such, while traditional car manufacturers may benefit from short-term relief, the US EV market still faces significant obstacles. Trump’s broader anti-EV stance, combined with policy rollbacks and the recent halting of domestic battery projects, will continue to present major headwinds to growth in this sector. Source: GlobalData Construction Database. Navigate the shifting tariff landscape with real-time data and market-leading analysis. Request a free demo for GlobalData’s Strategic Intelligence here. “US electric vehicle market amid trade and policy uncertainty” was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Source link #electric #vehicle #market #trade #policy #uncertainty Pelican News View the full article at [Hidden Content]

Palantir Stock: Why Shares Are Dropping After Strong Earnings – Barron's Palantir Stock: Why Shares Are Dropping After Strong Earnings – Barron's Palantir Stock: Why Shares Are Dropping After Strong Earnings Barron’sPalantir falls 12% as analysts raise international growth concerns CNBCPalantir stock slides after earnings spotlight international weakness, ‘irrational’ valuation Yahoo FinancePalantir (PLTR) Calls AI Demand ‘Ravenous,’ Boosts Revenue Guidance BloombergPalantir Reports In-Line Earnings, Revenue Beats On U.S. Government, Commercial Growth Investor’s Business Daily Source link #Palantir #Stock #Shares #Dropping #Strong #Earnings #Barron039s Pelican News View the full article at [Hidden Content]

Thousands of poppies on display at Tower of London for VE Day Thousands of poppies on display at Tower of London for VE Day Reuters Poppies are a symbol of remembrance in the *** Nearly 30,000 ceramic poppies are on display at the Tower of London to mark 80 years since the end of World War Two in Europe. The red poppies have been positioned to resemble a cascading “wound” at the heart of the Norman fortress, which was bombed during the Blitz. Some of the flowers were first shown at the site in 2014, when an installation of 888,246 poppies – each representing a military life lost during World War One – drew more than five million visitors. The new artwork, named The Tower Remembers, is designed to reflect the loss of life through war and provide a space for remembrance. It was designed by Tom Piper, while the ceramic flowers were made and designed by the artist Paul Cummins. Piper previously said the scale of the 2014 installation, named Blood Swept Lands and Seas of Red, could never be repeated, but that he came to learn “smaller installations could still carry great emotional power”. He added: “Everywhere these poppies have been, they have brought people together, with their own stories of sacrifice, commemoration, and hope for the future. “They have much to say about the universality of war and the anguish of suffering and loss.” Getty Images The poppies are on loan from the Imperial War Museums’ collection Visitors will be able to see the poppies as part of a general admission ticket to the Tower of London, though a small part will be visible from the public footpath. The display will remain until Armistice Day on 11 November, which marks when the World War One armistice came into effect. A tradition with its roots in World War One, poppies are a symbol of remembrance in the *** and are worn to commemorate those who lost their lives in two world wars and other conflicts. Getty Images Part of the display will be visible from the public footpath Source link #Thousands #poppies #display #Tower #London #Day Pelican News View the full article at [Hidden Content]

*** and India clinch landmark trade deal *** and India clinch landmark trade deal India and the United Kingdom have concluded a long-coveted free trade pact, in a landmark deal that represents the ***’s most significant post-Brexit agreement that was finalised in the shadow of US President Donald Trump’s tariff increases. The deal, between the governments of the world’s fifth and sixth largest economies, has been concluded after three years of stop-start negotiations and aims to increase bilateral trade by a further 25.5 billion pounds ($A52.7 billion) by 2040 with liberal market access and eased trade restrictions. “These landmark agreements will further deepen our comprehensive strategic partnership and catalyse trade, investment, growth, job creation and innovation in both our economies,” Indian Prime Minister Narendra Modi said. The deal lowers tariffs on goods such as whisky, advanced manufacturing parts and food products such as lamb, salmon, chocolates and biscuits. It also agrees to quotas on both sides for cars imports. Both countries are also seeking bilateral deals with the United States to remove some of Trump’s tariffs that have upended the global trade system, and the resulting turmoil sharpened focus for officials in London and New Delhi on the need to clinch a ***-India trade deal. “We are now in a new era for trade and the economy. That means going further and faster to strengthen the ***’s economy,” *** Prime Minister Keir Starmer said. “Strengthening our alliances and reducing trade barriers with economies around the world is part of our plan for change to deliver a stronger and more secure economy here at home.” The pact marks India opening up its long-guarded markets, including cars, setting an early example for the South Asian country’s likely approach to dealing with major world powers such as the US and the European Union. Talks over a free trade deal between India and the *** were initially launched in January 2022, and became a symbol of the ***’s hopes for its independent trade policy after leaving the EU. But negotiations were stop-start, with the *** having four different prime ministers since that launch date and elections in both countries last year. Source link #India #clinch #landmark #trade #deal Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Whale beached on Hilton Head Island this weekend. How and why it likely washed up on shore Whale beached on Hilton Head Island this weekend. How and why it likely washed up on shore Those in the Savannah area were part of a unique but tragic scene. A ****** whale was beached on the shore of Hilton Head Island over the weekend. Why did this happen and what do we know? What happened with the ****** whale on Hilton Head Island? Hilton Head Island’s government posted updates and photos of the scene on Facebook. As of Sunday morning, the whale was alive, but euthanasia had been determined to be the most humane option. Marine animal experts tried to keep it comfortable while the euthanasia was transported in from Florida. It was sedated and euthanized later that night. Where did the ****** whale come from? ****** whales have one of the widest global distributions of any marine mammal species and can be found in any deep ocean around the world, according to National Oceanic and Atmospheric Administration. Migrations are not very predictable with some populations having different patterns based on their life status, with adult males making long oceanographic migrations into temperate waters whereas females and young stay in tropical waters year-round. Hilton Head’s government said the whale likely drifted hundreds of miles before reaching the shoreline. Why did the ****** whale beach itself? Also known as “stranding,” the beaching of a single whale is normally due to sickness or injury, according to the Fish & Wildlife Foundation of Florida. Ingesting human debris and trash has historically been an issue here. Another way humans may cause beachings is through loud, man-made sounds that disrupt animals with echolocation, including ****** whales. Bad weather, old age, navigation errors, and hunting too close to shore also contribute to beachings. Hilton Head’s government said they believe the whale was severely emaciated. A necropsy will be conducted to identify the whale’s exact cause of death. Afterwards, it will be respectfully buried. Do ****** whales live together? ****** whales are often spotted in groups (called pods) of some 15 to 20 animals, according to National Geographic. Pods include females and their young, while males may roam solo or move from group to group. The beached whale was reportedly a juvenile, but we don’t know its gender yet. Are ****** whales endangered? NOAA lists the following conservation statuses for ****** whales: Endangered Species Act: “Endangered” Marine Mammal Protection Act: “Protected” Marine Mammal Protection Act: “Depleted” Miguel Legoas is a Deep South Connect Team Reporter for Gannett/USA Today. Find him on X and Instagram @miguelegoas and email at *****@*****.tld. This article originally appeared on Savannah Morning News: Why did a ****** whale wash up on Hilton Head Island shore? What to know Source link #Whale #beached #Hilton #Island #weekend #washed #shore Pelican News View the full article at [Hidden Content]

Germany’s Merz elected chancellor in second parliamentary vote after unexpected setback Germany’s Merz elected chancellor in second parliamentary vote after unexpected setback The leader of Germany’s Christian Democratic Union (CDU) and designated chancellor Friedrich Merz looks on during a session at the Bundestag (lower house of parliament) in Berlin on May 6, 2025 before a vote to elect the country’s next chancellor. Tobias Schwarz | Afp | Getty Images Friedrich Merz was elected as Germany’s chancellor in a second-round parliamentary vote on Tuesday, after failing to secure the necessary support earlier in the day. Merz needed at least 316 of the 630 members of parliament to vote in his favor. He received 325 votes. The ******* Dax stock market index pared losses after the result of the second vote. It was 0.4% lower by 3:22 p.m. London time. Merz has been widely expected to become the leader of Europe’s largest economy following Germany’s federal election in February. His party, the center-right Christian Democratic Union, with its affiliate the Christian Social Union, secured the biggest share of votes at the time. They are expected to form a coalition government with the center-left Social Democratic Party, which placed third in the election. The parties on Monday formally signed their coalition agreement following weeks of negotiations that began soon after the election. The coalition agreement outlines plans for policies including migration, changes to tax rules for individuals and businesses, and social security measures such as the minimum wage. This breaking news story will be updated. Source link #Germanys #Merz #elected #chancellor #parliamentary #vote #unexpected #setback Pelican News View the full article at [Hidden Content]