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Monster Hunter Wilds Pre-Load Date & Download Size Revealed Monster Hunter Wilds Pre-Load Date & Download Size Revealed Prepare for thrilling hunts on the horizon and beyond with the latest Monster Hunter Wilds pre-launch trailer, set to the signature series theme: “Proof of a Hero.” The next generation of Capcom’s critically acclaimed series begins on PS5, February 28, 2025. Source link #Monster #Hunter #Wilds #PreLoad #Date #Download #Size #Revealed Pelican News View the full article at [Hidden Content]

What does Trump’s push for peace in Ukraine mean for China? – CNN What does Trump’s push for peace in Ukraine mean for China? – CNN What does Trump’s push for peace in Ukraine mean for China? CNNThe China Excuse The DispatchTrump, Putin plan to meet in Saudi Arabia for Ukraine talks; China proposes summit to end war The HinduChina’s Preferred Endgame in Ukraine is a Hybrid Peace 9DashLine Source link #Trumps #push #peace #Ukraine #China #CNN Pelican News View the full article at [Hidden Content]

"Post Trauma" Hands-On Preview \\ paulsemel "Post Trauma" Hands-On Preview \\ paulsemel An early look at this upcoming, somewhat retro survival horror game. Source link #quotPost #Traumaquot #HandsOn #Preview #paulsemel Pelican News View the full article at [Hidden Content]

Shonda Rhimes and Ben Folds resign from Kennedy Center after Trump elected chairman – The Independent Shonda Rhimes and Ben Folds resign from Kennedy Center after Trump elected chairman – The Independent Shonda Rhimes and Ben Folds resign from Kennedy Center after Trump elected chairman The IndependentTrump elected chairman of Kennedy Center; former leaders ousted or resigning WUSA9.comWhy Trump’s Takeover of the Kennedy Center Will Reverberate in Hollywood and Beyond TIMEHear what Trump said to new Kennedy Center board in audio obtained by Jake Tapper CNN Source link #Shonda #Rhimes #Ben #Folds #resign #Kennedy #Center #Trump #elected #chairman #Independent Pelican News View the full article at [Hidden Content]

Twisted Tower Demo Arrives Twisted Tower Demo Arrives This one looks fun and should appeal to Bioshock fans. Source link #Twisted #Tower #Demo #Arrives Pelican News View the full article at [Hidden Content]

Nick Campo: Teen accused of driving car in North Lake ****** that killed Perth footballer set to plead guilty Nick Campo: Teen accused of driving car in North Lake ****** that killed Perth footballer set to plead guilty The young man accused of being behind the wheel in a car ****** that killed young footballer Nick Campo will likely plead guilty. Source link #Nick #Campo #Teen #accused #driving #car #North #Lake #****** #killed #Perth #footballer #set #plead #guilty Pelican News View the full article at [Hidden Content]

GTA 6 publisher claps back against TV media inciting “disproven” violent video game rhetoric GTA 6 publisher claps back against TV media inciting “disproven” violent video game rhetoric 8bitAssassin3d ago In-house games should never be on other platforms unless certain circumstances. That’s like saying you should have a Ferrari engine in the Ford ******* for thousands cheaper. You are seriously ******** the game economy system up. Not all money is good money. It also makes devs lazy, cause now they don’t have to try for their core audience. That type of talk is for lazy people, who brag about spending all kinds of money on monitors, phones, and setups. But somehow it’s bad cause consoles are still what has kept gaming way afloat. If I wanted games somewhere else. I’d spend the money for that experience. Xbox doesn’t deserve jackshit Playstation or Nintendo has. Source link #GTA #publisher #claps #media #inciting #disproven #violent #video #game #rhetoric Pelican News View the full article at [Hidden Content]

Apple will integrate Alibaba’s AI into iPhones in China, chairman Joe Tsai says Apple will integrate Alibaba’s AI into iPhones in China, chairman Joe Tsai says An Apple Store on Jan. 26, 2025, in Chongqing, China. Cheng Xin | Getty Images News | Getty Images Alibaba Group Chairman Joe Tsai confirmed on Thursday that the company was partnering with Apple to roll out AI for iPhones sold in China, speaking at the World Governments Summit in Dubai. “[Apple] talked to a number of companies in China, and in the end, they chose to do business with us. They want to use our AI to power their phones,” Tsia said. The partnership was first reported by tech-focused news organization The Information on Tuesday, triggering a jump in Alibaba and Apple shares. The announcement could provide clarity on Apple’s AI strategy in China, especially as its market share erodes in the world’s largest smartphone market amid increased competition. While domestic rivals such as Huawei have launched devices with AI features since last year, Apple has been quiet about its ‘Apple Intelligence’ push in the market, despite plans to launch in the U.S. this fall. Apple Intelligence is the Cupertino-based company’s play that aims to bring AI across its devices, featuring an improved version of its voice assistant Siri, as well as features that automatically organize emails and transcribe and summarize audio. Analysts have told CNBC that Apple’s AI rollout in China has likely stalled due to China’s stringent rules. Beijing has enacted various regulations on AI over the past few years with some of the rules requiring large language models to get approval for commercial use. Generative AI providers are also responsible for taking down “********” content. However, Tsai said Thursday that the Alibaba partnership could offer Apple a local partner to help navigate regulatory environment and localize its AI. Source link #Apple #integrate #Alibabas #iPhones #China #chairman #Joe #Tsai Pelican News View the full article at [Hidden Content]

US relations with Europe will never be the same after Trump’s call with Putin US relations with Europe will never be the same after Trump’s call with Putin Europe’s American century is over. Two geopolitical thunderclaps on Wednesday will transform transatlantic relations. Donald Trump’s call with Vladimir Putin brought the Russian leader in from the cold as they hatched plans to end the war in Ukraine and agreed to swap presidential visits. US Defense Secretary Pete Hegseth, meanwhile, went to Brussels and told European allies to “take ownership of conventional security on the continent.” The watershed highlights Trump’s “America First” ideology and his tendency to see every issue or alliance as a dollars and cents value proposition. It also underscores his freedom from establishment advisors steeped in the foreign policy mythology of the West, who he thinks thwarted his first term. Although Hegseth recommitted to NATO, something fundamental has changed. America’s interventions won two world wars that started in Europe and afterwards guaranteed the continent’s freedom in the face of the Soviet threat. But Trump said on the campaign trail he might not defend alliance members who haven’t invested enough in defense. He thus revived a perennial point posed most eloquently by Winston Churchill in 1940 about when “The New World, with all its power and might” will step “forth to the rescue and the liberation of the old.” Trump is returning to the rationale used by many presidents wary of foreign entanglements from the start of the republic, saying Wednesday, “We have a little thing called an ocean in between.” Hegseth’s stunning bluntness It’s long been clear that the second Trump administration would place new demands on America’s European partners, which will now lead to agonized choices for governments that have chosen social spending over defense. NATO Secretary General Mark Rutte told the European Parliament last month that Europeans must come up with more cash for their militaries. “If you don’t do it, get your Russian language courses or go to New Zealand,” he said. But Hegseth was still jarring. He formalized Trump’s demand for alliance members to spend 5% of GDP on defense and said the US would prioritize its growing clash with China and the security of its borders over Europe’s. “The United States will no longer tolerate an imbalanced relationship which encourages dependency,” said the new Pentagon chief, who was wearing a stars-and-stripes pocket square. The tough new approach is not like Trump’s fantasy of displacing Gaza’s Palestinians to build the “Riviera of the Middle East.” It’s a rational response to changed political realities. The Greatest Generation that fought World War II and produced presidents who understood the dangers of a power vacuum in Europe is gone. Any American who has an adult memory of the Cold War against the Soviet Union is in their mid 50s at least. And the most powerful competitor to the United States is in Asia not Europe. So, it’s fair for Trump to ask why the continent has still not taken over its own self-defense 80 years after the defeat of the Nazis. Successive American presidents and European leaders have failed to rethink NATO for the 21st century. In retrospect, the transatlantic alliance left itself badly exposed to the most transactional and nationalist American president since the 19th Century. Secretary of State Marco Rubio suggested in a recent interview on “The Megyn Kelly Show” on Sirius XM that the US should not be the “front end” of European security but rather the “back stop.” And he rebuked big European powers. “When you ask those guys, why can’t you spend more on national security, their argument is because it would require us to make cuts to ******** programs, to unemployment benefits, to being able to retire at 59 and all these other things,” Rubio said. “That’s a choice they made. But we’re subsidizing that?” Trump’s treatment of allies like Canada and Mexico, as well as his calls for Denmark to hand over Greenland, shows his disdain for the multilateral US foreign policy of old. He’s always praising Putin and China’s President Xi Jinping over their smarts and strength. It’s obvious he thinks them the only worthy interlocutors for the tough leader of another great power, the United States. “Trump’s agenda isn’t about European security: it’s that he thinks the USA shouldn’t pay for European security,” said Nicholas Dungan, founder and CEO of CogitoPraxis, a strategic consultancy in The Hague. “This isn’t a new era of transatlantic relations, it’s a new era of global big-power relations replacing the deliberately institutional structures of the liberal international order.” The US message on Ukraine that Europe didn’t want to hear The first test of this new US-Europe reality will come over Ukraine. Trump said that negotiations to end the Ukraine war will start “immediately” after his call with Putin, who has been frozen out by the West since his ******** invasion of Ukraine, a sovereign democracy, three years ago. Ukrainian President Volodymyr Zelensky was not included, in an alarming sign for the government in Kyiv. Zelensky was at the center of everything the Biden administration did on the war. Trump did call Zelensky later Wednesday, but the American president is already fueling fears he’ll cook up a resolution that favors Russia. Asked by a reporter whether Ukraine would be an equal partner in peace talks, Trump replied: “It’s an interesting question,” and appeared to think carefully, before replying, “I said that was not a good war to go into,” apparently buying Putin’s line that the conflict was the fault of a nation brutally invaded by an authoritarian neighbor. Hegseth was just as blunt. He laid out US starting points for the negotiation: that Ukraine could not return to its pre-2014 borders before the invasion of Crimea, that it could not join NATO and that US troops would play no part of any security force to guarantee any eventual peace. Any peacekeeping force would have to be made up of European and non-European troops and would not be covered by NATO’s mutual defense clause — meaning the US wouldn’t bail it out in the event of a clash with Moscow’s forces. Former President Joe Biden was also reticent about Ukraine getting a path to NATO membership, fearing a clash with nuclear-armed Russia that could morph into World War III. And Trump’s insistence that European peacekeepers will not wear NATO uniforms will be seen as a similarly prudent move by many observers to avoid dragging the US into a conflict with Russia. But Wednesday was also the best day for Putin since the invasion, since it swept away many of Ukraine’s aspirations. Hegseth argued that he was simply dispensing realism. And he has a point. No one in the US or Europe thought the clock could be turned back to 2014. And Ukraine was unable to win back its land on the battlefield despite billions of dollars in Western aid. Still, by taking such issues off the table, Trump, the supposed deal maker supreme, deprived the Ukrainians of a bargaining chip that could have been used to win concessions from his old friend Putin. As it stands, Trump seems to have no objection to Russia retaining the spoils of its unprovoked invasion. This is not surprising — since like Russia, America now has a president who believes great powers are entitled to expansionism in their regional areas of influence. But rewarding Russia with a favorable settlement would set a disastrous precedent. A chilling historical analogy The US-Russia call and a future summit with Putin in Saudi Arabia, which Trump said would happen soon, may be a hint that he’s not just cutting Zelensky out of the deal – but Europe too. In a statement, France, Germany, Poland, Italy, Spain, the European Union, the European Commission, plus the United Kingdom and Ukraine, warned “Ukraine and Europe must be part of any negotiations.” And they warned Trump, who seems to want a peace deal at any cost, that “a just and lasting peace in Ukraine is a necessary condition for a strong transatlantic security.” Former Swedish Prime Minister Carl Bildt is worried by the cozy call between Trump and Putin. “The disturbing thing is of course that we have the two big guys, the two big egos … believing that they can maneuver all of the issues on their own,” he told Richard Quest on CNN International. Bildt evoked the most damning historical analogy possible — the appeasement of Adolf Hitler by Britain that allowed the Nazis to annex the Sudetenland. “For European ears, this sounds like Munich. It sounds like two big leaders wanting to have peace in our time, (over) a faraway country of which they know little. They are preparing to make a deal over the heads of that particular country. A lot of Europeans know how that particular movie ended.” Trump’s detailed strategy remains opaque. The dashing of many of Zelensky’s aspirations means that Kyiv’s agreement to any Putin-Trump deal cannot be taken for granted. And after his steady gains on the battlefield, there’s no certainty that the Russian leader is as desperate for a swift settlement as Trump, who has long craved a Nobel Peace Prize. But the framework of a possible settlement has been a topic of private conversations in Washington and European capitals for months, even during the Biden administration. As Hegseth made clear, Ukraine’s hopes of regaining all its lost land is unrealistic. What may emerge is a solution along the lines of the partition of Germany after World War II, with Russian-occupied territory frozen under its control with the rest of Ukraine — on the other side of a hard border – remaining a democracy. Perhaps the western edge would be allowed to join the European Union, like the old West Germany. But this time, US troops won’t make it safe for freedom. “The US position on Ukraine as articulated today should surprise no one in Europe: it’s just what European insiders have been saying to me off the record, in back channels, behind the scenes for two years: West Ukraine and East Ukraine, like West Germany and East Germany but in this case – EU Yes, NATO No,” said Dungan. Such a solution would conjure a cruel historical irony. Putin, who watched in despair from his post as a KGB officer in Dresden as the Soviet Union dissolved, may be on the verge of creating a new East Germany in 21st century Europe with America’s help. For more CNN news and newsletters create an account at CNN.com Source link #relations #Europe #Trumps #call #Putin Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Steam Deck – SteamOS 3.6.21 Beta: Update of the Year Steam Deck – SteamOS 3.6.21 Beta: Update of the Year Orpheo14d ago Truth be told, I didn’t use my Steam Deck much once I got it; it was a fun novelty, and I wanted to get into PC gaming eventually, but I wasn’t in any rush. Then tragedy struck, my desktop PC’s hard drive died. I figured I’d try using the Steam Deck for a bit until I got a replacement hard drive; I knew that the Steam Deck had a desktop mode that looked like a normal PC, so why not see what it could do. Turns out that the Steam Deck actually out-performs my old desktop by a LOT (I was running an old Dell mini from back when Windows 8 had first come out). I never did get that hard drive replaced. The Steam Deck is now my main computer, its future iterations will be my upgrade path, and I couldn’t be happier. Source link #Steam #Deck #SteamOS #3.6.21 #Beta #Update #Year Pelican News View the full article at [Hidden Content]

Honda and Nissan end merger talks, say they will continue to ‘collaborate’ Honda and Nissan end merger talks, say they will continue to ‘collaborate’ Jaques Silva | Nurphoto | Getty Images Japanese automakers Honda and Nissan said Thursday they would terminate merger talks, ending speculation over the fate of a $60-bllion deal that was slated to create the world’s third-largest auto company by sales volumes. Reuters on Feb. 6 had reported that Nissan “looks set to step back from” merger talks with rival Honda. Shares of Honda gained 2.14% Thursday, while Nissan’s stock slipped 0.34%. Stock Chart IconStock chart icon The deal fell apart due to Nissan’s “pride and denial,” as well as its refusal to close factories, while Honda’s move to make the carmaker its subsidiary further clouded the fate of the deal, according to a Reuters report. Honda was also reportedly pushing for deeper staff cuts at Nissan. In December, Honda and Nissan began merger discussions to create the world’s third-largest automaker by vehicle sales, with talks set to conclude in June. In a news conference in December, Honda CEO Toshihiro Mibe had said that the deal aimed at sharing intelligence and resources and delivering economies of scale and synergies while protecting both brands. Nissan shares rocketed 24% on Dec. 18 over media reports about the merger, marking the stock’s best day since at least 1985. The merger was announced a month after Nissan posted downbeat results for its second quarter ended September, and revealed that it would slash 9,000 jobs and cut global production capacity by a fifth. Stock Chart IconStock chart icon Source link #Honda #Nissan #merger #talks #continue #collaborate Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Eradicating Europe’s tech skills gap with no-code technology Eradicating Europe’s tech skills gap with no-code technology Across Europe we need to change our mindset around ‘closing the digital skills gap’. If we spend too much time lamenting it, we’ll fall even further behind. Instead of considering the challenges ahead as a gap that needs bridging in traditional ways, we need to plot an entirely new route – something we can do using tools now available to us like no-code technology. The skills gap no longer exists in the way it used to, because the solutions themselves have changed. That’s not to deny that in Europe we face a talent drain. Recent years have seen us lose some of our brightest minds to US-based companies, and the reasons for this go beyond the pay packet. Something we could learn from our cousins across the Atlantic is how to create a more positive culture around failure and the lessons this teaches us. Trying and failing isn’t automatically a bad thing as long as the same mistakes aren’t continually repeated. Crucially, failure indicates learning and is a key aspect of innovation and progress. Jethro Borsje Social Links Navigation Fail fast and hard or fail anyway The business culture in the US typically recognizes failing hard and fast as a sign of progress, in a way we don’t see in more risk-averse European companies, and this won’t serve us when it comes to finding the most innovative solutions to business challenges. Overall, this discourages entrepreneurship and investment and makes it harder to fund innovation, contributing to talent going elsewhere. Businesses of all sizes are increasingly faced with the challenge of finding people with the right technical skill set. However, ‘closing’ this skills gap with a fresh cohort of newly trained programmers won’t solve all their problems. Let’s be specific. In real terms, for most business leaders today concerned with fulfilling orders and keeping customers and shareholders happy, having access to the right data at the right time is key when making decisions. They need a digital skill set in their organizations to drive actionable, meaningful insights. Most realize they can use AI to do this – but that’s often as far as they get. Leveraging AI is no longer just about understanding that specialty, but instead about a powerful combination of software development skills and understanding of data strategy and integration. And software skills themselves are changing as the tools available to us get ever more sophisticated. Why innovation starts with IT In IT we constantly look ahead. Part of our job is to anticipate the next big challenge and the next fix for a problem – but in nearly every role I’ve had in my career, a large part of the job has been dealing with legacy solutions. They’re just not going anywhere. Any new, exciting technology that comes in has to fit alongside whatever existing systems underpin a business’s processes. No-code solutions are particularly good at doing this as they provide building blocks which work with both older and newer technologies and systems. They allow for seamless integration without extensive coding, making it easier to update and improve legacy systems. The other thing that’s changed within business technology is that technical decisions are no longer the preserve of the technical experts. A technical foundation is still vital for some jobs, but not for all. These decisions are often now fundamental to the way a business is run, which means they have to be made with wider business understanding and an appreciation for what the customer needs, rather than a purely technical one. In reality, a background in software development is becoming less of a requirement for solving technical problems – thanks in part to no-code solutions, as well as other AI automation tools. An understanding of how these solutions work in the wider context of the business is crucial for successful implementation and adoption – and for the best results. The kind of abstraction and automation approach that AI tools and no-code enable goes some way to solving the ‘problem’ of the digital skills gap. Abstracting away the need to program specific fields and providing the ability to make something visual and more easily understood helps open up the playing field to include those with less technical expertise. For example, a logistics company might need their shipping processes to remain compliant with regulatory requirements but face complicated programming challenges. Through the use of a no-code solution, combined with the business expertise of the staff to produce the kind of business logic necessary to navigate the low margins often faced by mid-market businesses, they can avoid being stuck with problems that can’t be fixed with manual labor alone. This kind of situation is where data integration is particularly valuable, because from a business point of view, data only means something if it is applied to an actionable challenge or problem in a business context. Abstraction and automation allow people to focus on what matters. IT professionals spend so much time on complicated problems and can forget that they’re helping drive business outcomes. They need to be given the tools to be able to focus in the right way. Making the most of the innovation opportunity However, we’re not talking about settling for something that’s second best. This is a brave new world, and making the most of no-code solutions will bring about a whole host of positive, and perhaps even unintended, secondary benefits. The first is diversity. Computer science is still a field that’s often inaccessible to many, and while this is slowly changing, the simple fact is that no-code is easier to learn and therefore more accessible to people from all backgrounds. The ease of use of the tools also means more people start to explore their possibilities, bringing about more interesting and disruptive solutions used by a wider range of people. A second overlooked benefit is helping solve challenges around the ageing workforce. Many employers face a knowledge gap when long-time employees retire, taking with them perhaps decades of experience and institutional knowledge. Financial institutions, supply chain and manufacturing companies often possess old systems still generating data. No-code solutions can help fill those gaps when the people who built some of the systems of yesterday retire but the software is still used. Appreciating benefits like these that extend beyond efficiency helps us leapfrog barriers to adoption more easily. Often, technical experts hesitate when it comes to abstraction because they think it will mean less freedom and flexibility, and therefore they’re resistant. We see this all the time when it comes to finding new ways of doing things – you have to see it (and appreciate how much time it could save you) to believe it. Our days spent discussing the digital skills gap are numbered. The IT professionals of the future will still, of course, include coders but we’ll see far more convergence of technical and business skills in the workforce of the future. This will, in part, happen organically – young people of today are far more interested in taking ownership of their digital journey – but it will no doubt be aided by more widespread use of AI tools and solutions that automate certain tasks and processes faster than you can say ‘abstraction’. We’ve compiled a list of the best mobile app development software. This article was produced as part of TechRadarPro’s Expert Insights channel where we feature the best and brightest minds in the technology industry today. The views expressed here are those of the author and are not necessarily those of TechRadarPro or Future plc. If you are interested in contributing find out more here: Source link #Eradicating #Europes #tech #skills #gap #nocode #technology Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Honda and Nissan Scrap $50 Billion Merger Plan – The New York Times Honda and Nissan Scrap $50 Billion Merger Plan – The New York Times Honda and Nissan Scrap $50 Billion Merger Plan The New York TimesKyodo News Digest: Feb. 13, 2025 Kyodo News PlusMulti-billion dollar Honda-Nissan merger talks collapse BBC.comJapanese automakers Honda, Nissan and Mitsubishi drop their talks on a business integration The HillNissan and Honda boards vote to end merger talks, sources say Reuters Source link #Honda #Nissan #Scrap #Billion #Merger #Plan #York #Times Pelican News View the full article at [Hidden Content]

Explosion at Taiwan department store kills 1 and leaves 11 others hospitalized Explosion at Taiwan department store kills 1 and leaves 11 others hospitalized Explosion at Taiwan department store kills 1 and leaves 11 others hospitalized Source link #Explosion #Taiwan #department #store #kills #leaves #hospitalized Pelican News View the full article at [Hidden Content]

EP Today, Thursday 13 February | News EP Today, Thursday 13 February | News EU-Mercosur free-trade agreement At 9.00, MEPs and Commissioner Micallef will review the recently concluded EU-Mercosur free-trade deal, amidst a new geopolitical context of increasing unilateralism, and concerns over the deal’s potential effects on European agriculture. If ratified, the deal would gradually phase out duties on 91% of EU exports to Mercosur and 92% of Mercosur exports to the EU. Parliament must give its consent before the agreement can enter into force. Eszter ZALÁN (+32) 477 99 20 73 EP Trade Threats to EU sovereignty over communication infrastructure From around 10.30, MEPs and Commissioner Micallef will assess the EU’s progress in reducing its strategic dependencies in the area of critical communication infrastructure. MEPs are expected to voice concerns that member states may resort to non-EU suppliers of governmental communication infrastructure before the EU’s own system, IRIS² (Infrastructure for Resilience, Interconnectivity and Security by Satellite) is operational in 2030. Baptiste CHATAIN (+32) 498 98 13 37 EP_Industry In brief Georgia. In a resolution to be voted on at noon, MEPs are set to declare that Georgia’s self-proclaimed authorities have no legitimacy, and are expected to call for EU sanctions against leading Georgian politicians. In the draft text, Parliament also recognises Salome Zourabichvili as Georgia’s legitimate president. Congo. At noon, MEPs will vote on a resolution on the escalation of violence in the eastern Democratic Republic of the Congo. The draft text demands the suspension of the EU deal with Rwanda on sustainable value chains for critical raw materials and calls on the Rwandan government to withdraw its troops from the DRC’s territory and cease cooperation with the M23 rebels. Votes At noon, plenary will also vote on: the recent dismissals and arrests of mayors in Türkiye, the repression by the Ortega-Murillo regime in Nicaragua, targeting human rights defenders, political opponents and religious communities in particular, and the continued detention and risk of the death penalty for individuals in Nigeria charged with blasphemy, notably the case of Yahaya Sharif-Aminu. Live coverage of the plenary session can be found on Parliament’s webstreaming and on EbS+. For detailed information on the session, please also see our newsletter. Find more information regarding plenary. Source link #Today #Thursday #February #News Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Sony earnings Q3 2025 Sony earnings Q3 2025 Sony PlayStation games are displayed at a Best Buy store on December 17, 2024 in San Rafael, California. Justin Sullivan | Getty Images Sony on Thursday posted an operating profit beat for its December quarter after a jump in gaming revenues. The company’s consolidated operating profit hit 469.3 billion yen ($3.05 billion), versus 404.21 billion yen expected. The December quarter is a key ******* for Sony, covering the holiday shopping season which is often a lucrative time for consumer electronics firms. In the previous quarter, Sony raised its sales guidance for the 2025 fiscal year, revising its forecast for revenue up slightly to 12.7 trillion yen from 12.6 trillion yen previously. All eyes will be on Sony’s gaming hardware business. In its fiscal second quarter, the firm said it sold 3.8 million units of its PlayStation 5 console, down 22% year-over-year. Sony launched the PlayStation 5 Pro last year, an upgraded version of its PS5 machine which has been out since November 2020. Rival Nintendo reported weaker-than-expected results in its fiscal third quarter and slashed its forecast for the Switch console. The Japanese gaming giant last month teased a successor to the Switch dubbed Switch 2. It has yet to announce a price or release date but said more details will be revealed on April 2. Source link #Sony #earnings Pelican News View the full article at [Hidden Content]

Barclays earnings Q4 2024 Barclays earnings Q4 2024 Chris Ratcliffe | Bloomberg | Getty Images British bank Barclays on Thursday posted a rise in full-year pre-tax profit that came in just ahead of analyst expectations, while also launching a £1 billion share buyback. Pretax profit rose by 24% to £8.108 billion in 2024, just above analyst expectations of £8.081 billion, according to LSEG. Since last year, Barclays has been implementing a strategic overhaul to whittle down costs by £2 billion by 2026, lift shareholder returns and stabilize financial returns, sharpening its focus on the profitable consumer and lending operations — and leading to the absorption of the retail banking business of British grocer Tesco’s. Yet Barclays’ traditionally strong banking unit could now stand to benefit from more open market share in the domestic space, as HSBC last month announced it is preparing to exit its M&A and equity capital markets businesses in Europe, the U.K. and the U.S. amid a larger restructure of its investment banking operations. The bank has also been recovering from a sweeping three-day tech outage that disrupted payments and transactions at the end of last month, which has since been resolved. More broadly, lenders have been battling lethargy in the U.K. economy and a pullback in IPO activity in the London Stock Exchange. The Bank of England executed its first rate cut of the year last week and signaled further trims in 2025 amid a downgrade in the U.K.’s economic forecast — with monetary easing typically eating away at bank profits, as it tightens the spread between lenders’ return in loans and their payout on deposits. British and European banks are also struggling to keep pace with counterparts in the U.S., which could benefit from an additional competitive edge if newly inaugurated U.S. President Donald Trump takes a lighter approach to local regulation. In parallel, U.K. Finance Minister Rachel Reeves is prodding Britain’s Financial Conduct Authority toward promoting competitiveness in tandem with consumer protection, with markets eyeing the government’s Financial Services Growth and Competitiveness Strategy due out in spring. This breaking news story is being updated. Source link #Barclays #earnings Pelican News View the full article at [Hidden Content]

Expelled! challenges you to clear your name by catching the culprit or framing someone else Expelled! challenges you to clear your name by catching the culprit or framing someone else A girl has been pushed out of a window, and you’re blamed for it Every choice of yours affects the characters around you No two runs will feel the same Miss Mulligatawney’s School for Promising Girls has a problem. A school prefect has been pushed out of a window, and everyone says you did it. In Expelled!, the latest mystery from inkle, creators of Overboard!, you have one day to clear your name or find someone else to take the fall. Set in April 1922, Expelled! follows Verity Amersham, a scholarship student at an elite boarding school. Voiced by Amelia Tyler (Baldur’s Gate 3), Verity has spent years trying to stay out of trouble. But when she’s accused of attempted *******, staying out of trouble is no longer an option. This isn’t a case of simple dialogue choices. Every action you take, where you go, who you talk to, and what you say, affects how the story unfolds. NPCs move around the school in real-time, reacting to what they see and hear. Some will help you, while others will try to bring you down. Who can you trust? You can try to solve the mystery, but you can also lie, mislead, or manipulate your way to safety. Need an alibi? Convince someone to cover for you. Feeling desperate? Pin the blame on someone else. The more you bend the rules, the more options open up. Each playthrough lasts about 30-45 minutes, but no two runs are the same. The choices you make lead to new leads, different outcomes, and hidden secrets throughout the school. Figure out why the cellar is locked or why your best friend is hiding. And if you avoid expulsion, you can go even further and risk to the rank of Head Girl. While you wait, check out this list of the best narrative games to play on mobile! Set to a soundtrack featuring jazz legends like George Gershwin, Louis Armstrong, and Bessie Smith, Expelled! blends a tense mystery with a dynamic, ever-changing story. How you clear your name, or how far you’ll go to do it, is entirely up to you. Expelled! arrives March 12th on Steam, Nintendo Switch, and iOS. Source link #Expelled #challenges #clear #catching #culprit #framing Pelican News View the full article at [Hidden Content]

Cut debt or face economic heart attack Cut debt or face economic heart attack DUBAI, United Arab Emirates — Hedge fund titan Ray Dalio issued a fresh warning about the U.S. economy, warning of dire consequences if the Trump administration does not cut the country’s debt. “It’s like if I was a doctor and I was speaking with you about your condition, I would say to you, this is now very, very serious. All of these are major problems,” Dalio told CNBC’s Dan Murphy at the World Government Summit in Dubai. “What you need to do is cut your deficit from about seven and a half percent of GDP to 3% of gross domestic product, and you can do that. There are certain things that you can do that cut it in a certain way that’ll make it much healthier, so the real problem is a political problem.” The U.S. gross national debt stood at approximately $36.22 trillion as of Feb. 11, with $28.8 trillion of that as debt held by the public in the form of securities owned by individuals, corporations, state or local governments, Federal Reserve banks, foreign governments, and other entities outside the U.S. government. High debt means the government spends more on interest payments and is more economically vulnerable in the event of future economic crises. It also leads to higher inflation and creates a burden for future generations. “I want to alert people. I want to alert government officials,” the billionaire Bridgewater Associates founder said. “I want to help, you know, and so I feel like the doctor, and then I would say everybody, politically … if this doesn’t happen, and we have the equivalent of, you know, an economic heart attack, or a heart attack of the bond market, then you know who’s responsible, because it can happen.” “So it requires the same kind of discipline as if I was to say to you, OK, you need to change how you eat, you need to change your exercise routine, and you need to do these things.” Dalio stressed that governments are responsible, and that leaders should make a pledge to reduce the U.S. budget deficit from 7.5% to 3% of its GDP or resign. When asked what his message was to the Trump administration, Dalio replied: “I think they recognize the problem, and then in the actions that are being taken, how do you cut costs? How do you raise productivity? … Make sure that you really know what you’re doing and you’re practical, and do it on … the conservative side, because you know, how much can the cutting actually be? We’ll see, and what are the consequences of the cutting and each one of those. So you better take a sharp pencil and be conservative.” Dalio also warned of debt in private credit, saying a “debt death spiral is that part of the cycle, when the debtor needs to borrow money in order to pay debt service, and it accelerates, and then everybody sees that, and they don’t want to hold the debt. That’s where we’re approaching.” Dalio’s Bridgewater Associates is one of the world’s largest hedge funds. It had $171.7 billion in assets under management as of September 2023, according to the U.S. Securities & Exchange Commission. Source link #Cut #debt #face #economic #heart #attack Pelican News View the full article at [Hidden Content]

Project Trigger codes (July 2024)—Are there any? Project Trigger codes (July 2024)—Are there any? Updated July 15, 2024: Looked for the latest codes! Ever heard of an anime Roblox game where you can shoot guns? This engaging futuristic title has many different styles of combat, challenging quests, and epic PvP battles. Sadly, there are still no Project Trigger codes that can help you improve your hero faster than usual, but stay tuned! All Project Trigger codes list Project Trigger codes (Working) Unfortunately, there are no active Project Trigger codes. Project Trigger codes (Expired) There are no expired Project Trigger codes right now. Related: Project XL codes and Project Slayers codes How to redeem codes in Project Trigger Screenshot by PC Invasion Unfortunately, you can’t redeem codes in Project Trigger (Ro-Trigger) at the moment, as the game doesn’t have a code redemption system. However, the developers have been dropping hints on the official social media profiles that this feature will be available soon, so keep checking this guide as we follow all the info closely. The best way to stay on top of all upcoming news is to bookmark this page and be the first one to grab Project Trigger freebies here on PC Invasion! PC Invasion is supported by our audience. When you purchase through links on our site, we may earn a small affiliate commission. Learn more about our Affiliate Policy Source link #Project #Trigger #codes #July #2024Are Pelican News View the full article at [Hidden Content]

3 Reasons Micron Stock Is Deeply Undervalued Right Now 3 Reasons Micron Stock Is Deeply Undervalued Right Now Micron’s (NASDAQ:) share price is wallowing at long-term lows and is deeply undervalued. It is undervalued because of its industry placement, growth outlook, and stock price, a measly 14x earnings. The growth outlook is robust, and the P/E will fall to only 8x next year, suggesting a minimum of 75% upside is possible. This is a look at why. 1) Micron’s AI Business Is Booming Micron returned to top-line growth early in 2024 as its AI business accelerated and legacy segments normalized. The growth accelerated sequentially for the next three quarters, with Q1 2025 growth slowing to only 85% but still solid and up significantly compared to the prior year. The primary driver is the data center segment, which grew 400% year-over-year on a sequential doubling in HBM shipments. HBM, specifically HBM3E, is the critical factor. It is the memory of choice for AI and accelerated computing, and Micron is the performance leader, providing better capacity with lower power consumption. The HBM3E market is growing rapidly. The HBM memory industry grew by roughly 200% in 2024 and is expected to double in 2025. Eighty percent of the market is HBM3E. Micron’s CEO has forecasted that the HBM market will grow 4x from its 2024 levels by 2028, suggesting that three years of solid growth lie ahead for this business. After that, Micron’s business will remain solid and likely continue to grow, with the AI shift benefiting the mobile, PC, and automotive semiconductor markets. Expanding capacity will aid the *****. Micron received over $6 billion in funding from the CHIPs Act to facilitate expansion projects domestically, and international projects are underway. The India-based manufacturing facility is expected to commence operations in Phase I this year, and plans for Phase II are moving forward. 2) Is Micron the Most Downgraded Stock? Seriously? Micron is ranked on MarketBeat’s list of Most Downgraded Stocks, but take that news with a grain of salt. The ranking is due to numerous price target reductions since the FQ1 2025/CQ4 2024 results were released, but nothing is bearish in the data. The 26 analysts’ MarketBeat tracks with current ratings show a high conviction in their Moderate Buy rating and forecast a 45% upside for the stock price. The strength of conviction is seen in the number of analysts rating at Buy or higher, about 88%, and the price targets. The latest round of activity included numerous price target reductions but to levels that align with the consensus; consensus is near $135 and 45% above mid-February trading. The cash flow and balance are reasons why analysts like this stock. The company’s balance sheet is a fortress with a total liability of about 0.5x equity and equity on the rise. The balance sheet and cash flow allow for opportunistic acquisition and investment while paying dividends and buying back shares. 3) The Technical Outlook: Micron Is Well-Supported Near $90 Micron’s stock price is having difficulty gaining traction but is unlikely to fall further than it has in the last twelve months. The market is deeply undervalued at these levels and shows solid support at the $90 level. Support is due primarily to the institutions, which own about 80% of the stock and have been buying in the range’s low end. With this in play, it will only take a positive news cycle to get the market in gear, which could come with the Q2 results. The analysts forecast a solid quarter with 36% top-line growth and broader margins but have set the bar low. 95% of revisions tracked by MarketBeat include lowered price targets, setting the company up to outperform. With NVIDIA’s (NASDAQ:) Blackwell ramped to full production and production capacity expanding, Micron could outperform by a wide margin. Original Post Source link #Reasons #Micron #Stock #Deeply #Undervalued Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Plans to Buy ‘Armored Teslas’ Disappear From US Procurement List – Bloomberg Plans to Buy ‘Armored Teslas’ Disappear From US Procurement List – Bloomberg Plans to Buy ‘Armored Teslas’ Disappear From US Procurement List Bloomberg”Armored Tesla” forecast to win $400 million State Department contract after Trump’s election, government document shows Drop Site NewsTesla Removed From $400M Federal Contract Amid Musk Scrutiny TIMEState Dept. Plans $400 Million Purchase of Armored Tesla Cybertrucks The New York Times Source link #Plans #Buy #Armored #Teslas #Disappear #Procurement #List #Bloomberg Pelican News View the full article at [Hidden Content]

Inflation Persists, but So Do Stock Opportunities: Rally on Inflation Persists, but So Do Stock Opportunities: Rally on The January report was hot, much hotter than expected, and raised the risk of FOMC tightness. Not just higher-for-longer near current levels but a reduced chance for even a single 25 basis rate cut in 2025 and a growing possibility hike will be back on the table. This increases the odds of a Fed-induced recession, but opportunities for investors persist. Inflation is a hot problem but, so far, has yet to impact economic activity or the uptrend in stocks. Economic activity remains solid, with Q1 GDP forecast to run near 3.0% in Q1. What this means for investors is continued stock market growth and a high likelihood that the uptrend in the will continue. The market pulled back following the CPI release and may deepen the move before the rebound begins, but a rebound is the most likely outcome; the CPI-induced dip is a buying opportunity. Labor Market Health, Earnings Growth, and Capital Returns Support S&P 500 Uptrend Labor market strength is one reason the CPI report is less of a selling event than some would think. The January labor data included significant annual revisions but aligned with the trends. The trends include steady job creation, employment growth accelerating at year’s end, low unemployment, and rising wages. Wages grew at a 4%+ pace, a critical factor for inflation and the consumer outlook, underpinning inflation yet sustaining consumer health. According to the CPI, inflation is up 3.0% and 3.3% at the headline and core levels, leaving the “average consumer” stronger than a year ago despite the higher prices. S&P 500 earnings growth is also a factor in why the index can rally higher. The decreased chances for lower rates will impact the outlook, but growth is expected, nonetheless. As it is, the consensus figures assume steady growth in Q12025 relative to 2024 and sequential acceleration throughout the year. The difference is that all sectors will produce growth, compared to only nine in 2024, with six growing by more than 10% and leaders including technology, healthcare, and industrials. In 2026, those trends are expected to continue and produce another year of mid-teens earnings growth. Earnings are critical on their own but more so because of the impact on capital returns. The S&P 500 companies will increase dividends and buybacks on average by high-single and low-double-digit amounts in 2025 and sustain the trend in 2026. That means a dwindling share count compounded by business growth, dividend distribution, and balance sheet improvements, which are a strong tailwind for shareholder value. The Risk is Inflation; It is Accelerating The risk is inflation. The January data is hot and shows acceleration contrary to the expected contraction. Inflation can continue to accelerate in this scenario because the Fed’s policy may be too lenient, and Trump’s policies are expected to be inflationary. On the one hand, tariffs may impact prices, while on the other, easing business headwinds are expected to drive expansion and labor investment. The market reacted to the news as expected, with the S&P 500 declining immediately after the release. However, traders seized the early morning sell-off as an opportunity, showing their support at the 30-day EMA. If this level continues to be supported, the market could quickly rebound and move up to set new highs. If not, the S&P 500 could move to the 5,960 to 5,790 level, where support is firmer. In that scenario, the market could remain range-bound until later in the year. Original Post Source link #Inflation #Persists #Stock #Opportunities #Rally Pelican News View the full article at [Hidden Content]

vivo V50 to Bring the Most Powerful Camera System In the Mid-Range Segment, in Collaboration With ZEISS vivo V50 to Bring the Most Powerful Camera System In the Mid-Range Segment, in Collaboration With ZEISS Gone are the days when capturing professional-grade photos meant carrying around heavy cameras, and switching between expensive lenses. Vivo’s groundbreaking partnership with ZEISS has transformed this landscape – their co-engineered camera system changed the smartphone photography game, helping millions of users level up their photos. The success of last year’s Vivo V40 series marked a significant milestone in smartphone photography, introducing ZEISS optics to the mid-premium segment for the first time. The partnership resonated strongly with Indian consumers, with one-third of V40 buyers specifically choosing the device for its ZEISS camera capabilities. Now, Vivo is set to raise the bar even higher with the upcoming V50, which promises to deliver a truly impressive photography experience through enhanced ZEISS collaboration. Elevating Smartphone Camera Performance with ZEISS The amazing combination of Vivo’s innovative mobile technology and ZEISS’s century-old optical expertise has been significant for smartphone photography. ZEISS, renowned for creating countless classic lenses throughout its illustrious history, and is now set to bring this legacy to the Vivo V50 through a powerful camera setup. What is expected to set the Vivo V50 apart is its commitment to bring pro-level imaging technology to even more users. The upcoming smartphone is expected to feature an impressive 50-megapixel ZEISS All Main Camera system consisting of a 50-megapixel ZEISS OIS Main Camera, a 50-megapixel ZEISS Ultra Wide-Angle Camera, and a 50-megapixel ZEISS Group Selfie Camera. This will mark a significant upgrade from its predecessor, offering consistent high-resolution imaging capabilities across all lenses – a feature typically reserved for premium flagship devices, which generally carry an experience price tag. Pro-Grade Portraits in Your Pocket Smartphone photography enthusiasts will appreciate the V50’s ZEISS Multifocal Portrait as it is already available in V40, which is expected to offer multiple focal lengths ranging from 24mm to 50mm. This versatility will enable users to capture everything from intimate close-ups to expansive group shots with professional-grade results. The versatile 24mm lens shines in night time photography, bringing cityscapes alive with its dramatic perspective. Switch to the intimate 35mm focal length, and you’ll find it’s perfect for those moody evening portraits at your favorite café or club, where the ZEISS B-Speed Style’s vintage-inspired bokeh adds character to every shot. For classic portraits, the 50mm lens creates stunning daytime portraits with natural depth and professional-grade background separation. ZEISS Style Bokesh brings a total of 7 classic bokeh effects that are excellent for both day and night shots. These include ZEISS Cine-flare Portrait, ZEISS Distagon Style Bokeh, ZEISS Sonnar Style Bokeh, ZEISS Cinematic Style Bokeh, ZEISS B-Speed Style Bokeh, and ZEISS Biostar Style Bokeh. – each bringing its unique character to portrait photography. India-Exclusive Wedding Portrait Studio Vivo has developed an India-exclusive Wedding Portrait Studio feature for the V50, recognizing the significance of wedding photography in Indian culture. Weddings in India are huge, and photography remains a very important aspect of these special events. The right camera, with the right shots can elevate everyone’s experience, bringing them memories they can cherish for life. The specialized mode offers three distinct LUTs (Look-Up Tables) with five film tones. This thoughtful addition demonstrates Vivo’s understanding of Indian smartphone users’ preferences for vibrant, detailed, and emotionally resonant imagery, particularly during significant life events. Your wedding photos are all set to level up, thanks to the Wedding Portrait Studio feature on the Vivo V50. Capture more, without compromise Experience an ultra-wide view unlike any other, thanks to an impressive 119-degree field of view while maintaining the same 50MP resolution as the main sensor. Every photo shines in exceptional detail and clarity, be it group photos or landscape shots of your favourite vacation. Combined with the AI Group Portrait algorithm, the camera will be able to enhance facial details in group photos of up to 30 people – perfect for those big Indian family gatherings and wedding celebrations. Say hello to perfect group selfies! Level up your selfie game with the 50-megapixel ZEISS front camera will bring several innovations, including AI 3D Studio Lighting 2.0 for clear backlit selfies and AI Facial Contouring Technology that addresses common selfie issues. The 92-degree AF wide-angle lens and 0.8x to 2x free zoom give you the freedom to capture flawless solo and group selfies effortlessly Stay Tuned for the Launch! While we await the official launch next week on 17th Feb, the Vivo V50 appears set to continue the success of its predecessor by bringing professional-level photography capabilities to the mid-premium segment. The enhanced ZEISS partnership, coupled with features specifically tailored for Indian users, suggests that Vivo has carefully considered both global imaging excellence and local user preferences in crafting this device. Affiliate links may be automatically generated – see our ethics statement for details. Source link #vivo #V50 #Bring #Powerful #Camera #System #MidRange #Segment #Collaboration #ZEISS Pelican News View the full article at [Hidden Content]

Steel Tariffs: Opportunity or Mirage for Sector’s Stocks? Steel Tariffs: Opportunity or Mirage for Sector’s Stocks? President Trump’s recent tariff announcement on steel and aluminum imports has sparked a stock market rally among domestic metal producers, including Cleveland-Cliffs (NYSE:), Nucor (NYSE:) and Alcoa (NYSE:). Investor optimism regarding reduced foreign competition has fueled these gains. However, it is crucial to determine whether these initial surges represent a lasting uptrend or a temporary “tariff bump,” masking deeper economic concerns. The key question for investors is whether the promise of tariff-driven profits represents a genuine opportunity or a potential “steel trap” with long-term risks outweighing short-term gains. The “Tariff Bump”: Immediate Opportunity for Steel The US government’s decision to impose a 25% tariff on all steel and aluminum imports was greeted with a bullish market response due to its potential to transform the industry’s competitive landscape. The tariffs aim to make domestically produced steel more price-competitive within the US market by increasing the cost of imported steel, theoretically leading to immediate benefits for American steel companies. Domestic steel producers anticipate a surge in demand as buyers turn to local sources to avoid the increased costs associated with imports. This demand shift allows these companies to raise prices for their products, directly boosting revenue and profit margins. For corporations like Cleveland-Cliffs and Nucor, which operate significant steel production facilities within the United States, this tariff-induced environment is a clear win in the short term. Cleveland-Cliffs Inc. is a bellwether of the domestic steel industry. Following the tariff announcement, the company’s stock price jumped approximately 17% on February 10th, 2025. CEO Lourenco Goncalves has been vocal in his support of tariffs, articulating a vision of a “manufacturing renaissance” for America driven by such trade policies. As a vertically integrated producer, Cleveland-Cliffs is positioned to capitalize on increased demand across the steel production chain, from iron ore supply to finished steel products. Nucor Corporation’s stock price also increased, rising around 6% on February 10th. Nucor, known for its efficient electric arc furnace (EAF) technology, stands to gain from a market where imported steel is less competitive. Similarly, Alcoa Corporation’s stock price rose around 2% in response to the proposed aluminum tariffs. Analyst consensus ratings for Cleveland-Cliffs, Nucor, and Alcoa reflect a cautiously optimistic outlook, with average price targets suggesting upside from pre-tariff announcement levels on all three stocks. These initial market reactions and analyst sentiments underscore the perceived opportunity for US metal producers in the wake of tariff implementation. The Trapdoor Opens: The Hidden Costs of Steel Tariffs While tariffs on imported steel and aluminum may initially appear to benefit domestic producers, a comprehensive analysis reveals hidden risks and potential long-term economic repercussions that could undermine these gains. The “steel trap” metaphor aptly illustrates the unintended adverse effects that these tariffs can have on the broader economy. One of the most immediate concerns is the inflationary pressure tariffs exert on downstream industries. Sectors heavily reliant on steel and aluminum as raw materials, such as automotive, construction, manufacturing, and beverage industries, face increased input costs. These increased costs can be passed on to consumers in the form of higher prices for goods ranging from automobiles and homes to canned beverages and appliances, contributing to overall inflation within the economy. The automotive industry, such as Ford Motor (NYSE:), heavily relies on steel for vehicle production. As steel prices rise, so do production costs for automakers like Ford. This can negatively impact the company’s profitability and affordability for consumers. Ford’s CEO has previously emphasized the financial burden of steel tariffs, referring to them as a source of “cost and chaos.” This illustrates the tangible financial strain such policies can place on companies that rely on steel. The construction and homebuilding sectors, represented by companies like Home Depot (NYSE:) and Lowe’s (NYSE:), also face significant headwinds. Steel is essential for construction materials like rebar and structural beams. Higher steel prices directly increase the cost of building homes and infrastructure projects, potentially dampening construction activity and exacerbating housing affordability challenges. Industry associations have warned that steel tariffs directly contradict efforts to make housing more affordable, ultimately burdening consumers with higher home prices. Manufacturing and industrial goods producers, such as Caterpillar (NYSE:), are similarly vulnerable. Steel and aluminum are fundamental inputs for a vast array of manufactured goods, from heavy machinery to industrial components. Increased material costs erode the competitiveness of US manufacturers, potentially hindering investment and job creation in these sectors as companies struggle with higher production expenses compared to international competitors operating in tariff-free environments. Even the beverage industry, represented by Coca-Cola (NYSE:) and PepsiCo (NASDAQ:), is not immune. , critical for beverage cans, becomes more expensive due to tariffs. These seemingly incremental cost increases, when multiplied across the vast scale of beverage production, can translate into significant financial burdens for these companies, potentially leading to higher prices for everyday consumer goods. Historical data from the 2018 aluminum tariffs illustrates this point, with the policy adding an estimated half a billion dollars to beverage production costs. tariffs risk trade retaliation from other countries, potentially harming multiple sectors beyond steel. They can also distort global steel markets and hinder long-term innovation within the domestic steel industry. The initial gains for steel producers from tariffs may be short-lived and lead to broader economic damage in the long run. Opportunity or Mirage? The Steel Tariff Verdict The “tariff bump” experienced by steel and aluminum stocks following President Trump’s tariff announcement presents a complex picture for investors. While domestic steel producers like Cleveland-Cliffs and Nucor may indeed experience a short-term surge in demand and profitability, the long-term sustainability of these gains is far from assured. The potential for inflationary pressures, harm to downstream industries, and trade retaliation casts a long shadow over the initial market euphoria. While the “bump” is real in its immediate market impact, the significant long-term risks suggest that it may indeed be a “trap” for investors who focus solely on the initial gains without considering the broader economic context. Therefore, a balanced and cautious approach is warranted. Investors should carefully weigh the potential short-term benefits for domestic steel producers against the significant long-term risks and possible negative consequences for the broader economy. The initial surge in steel stocks may represent an opportunity for traders. However, for long-term investors, acknowledging the potential “steel trap” is likely to be the more prudent course of action. Original Post Source link #Steel #Tariffs #Opportunity #Mirage #Sectors #Stocks Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]