Pelican Press

F1 24 devs vow to "improve crowds' in future titles as 8K gaming and PS5 Pro drive more fidelity F1 24 devs vow to "improve crowds' in future titles as 8K gaming and PS5 Pro drive more fidelity Video Gamer writes: “We sit down with F1 24’s Simon Lumb, technical producer at Codemasters, who tells us to expect improved crowd fidelity in future titles.” Source link #devs #vow #quotimprove #crowds039 #future #titles #gaming #PS5 #Pro #drive #fidelity Pelican News View the full article at [Hidden Content]

Apple Watch Series 10 review: thinner, lighter and basically the same | Apple Watch Apple Watch Series 10 review: thinner, lighter and basically the same | Apple Watch A larger screen and thinner body mark the biggest change to the Apple Watch in years, but you might have to squint to see it. The Guardian’s journalism is independent. We will earn a commission if you buy something through an affiliate link. Learn more. That is because Apple has kept much the same design on the outside despite requiring significant changes on the inside to make the watch thinner and lighter. As a result, the Series 10 feels like another evolutionary, rather than revolutionary step for the Apple Watch’s 10th year. At least the smartwatch has not increased in price. Costing from £399 (€449/$399/A$649) in aluminium or titanium, the Series 10 is available in 42mm and 46mm sizes replacing the previous 41mm and 45mm versions of its predecessor. The extra 1mm case size across your wrist is not noticeable when wearing the watch, but the 1mm thickness and 2g weight that have been shaved off are. It may not sound like much, but squeaking in under 1cm thick with a closer fit to your body helps the watch more easily slide under shirt cuffs and reduces its movement during exercise. The slimmer Series 10 fits more closely to your wrist than predecessors and looks good in its new jet ****** colour. Photograph: Samuel Gibbs/The Guardian The screens on both sizes are up to 9% larger than the past three generations, or a more significant 30% than 2020’s Series 6. The screen on the 46mm version is the largest fitted to an Apple Watch, edging out even the Ultra 2. On-screen buttons are larger and easier to tap, and it can show an extra line of text – or for those with ageing eyes, larger text without losing functionality. The screen is also brighter, when viewed from an angle, which helps keep the time legible when glancing at your wrist while doing something else. Battery life has grown slightly over previous models. The 46mm Series 10 lasted about 48 hours of continual wearing, not including exercise. That still means charging every other day, but it should now just about last a weekend away without needing to activate low power mode immediately. It charges faster, hitting up to 80% in 30 minutes and full power in under an hour, which makes top-ups while in the shower more effective. Specifications Case size: 42 or 46mm Case thickness: 9.7mm Weight: 30/29.3g or 36.4/35.3g Processor: S10 Storage: 64GB Operating system: watchOS 11 Water resistance: 50 metres (5ATM) Sensors: HR, ECG, spO2, air and water temp, depth, mic, speaker, NFC, GNSS, compass, altimeter Connectivity: Bluetooth 5.3, wifi 4, NFC, UWB, optional 4G/eSIM WatchOS 11 The Series 10 runs watchOS 11 with new smart stack widgets and an expanded double-tap gesture for scrolling hands free. Photograph: Samuel Gibbs/The Guardian The Series 10 ships with watchOS 11, which runs on all models from 2020’s Series 6 and newer. The software introduces a few new watch faces and apps, including new Translate and Tides apps, better smart stacks of widgets and other tweaks. The Series 10 also has a new depth gauge and water temperature sensor used for measuring dives and other water activities down to 6 metre depths. The workout app can track your training load to tell you if you’re over- or under-doing strenuous exercise compared with your current fitness. Sleep health gets a boost in the form of sleep apnea detection, which tracks and analyses your night breathing disturbances once a month to alert you to any potential problems. The Vitals app does similar on a nightly basis for other health metrics such as average heart rate and sleep duration, alerting you when two or more of the metrics changes compared to your baseline. Sustainability The back of the watch is now metal rather than ceramic. Photograph: Samuel Gibbs/The Guardian Apple says the battery should last more than 1,000 full charge cycles, with at least 80% of its original capacity, and can be replaced for £95. Repairs cost between £309 and £409 depending on the model, but it was awarded only three out of 10 for repairability by the specialist iFixit. It contains more than 30% recycled material including aluminium, cobalt, copper, glass, gold, plastic, rare earth elements, steel, tin, titanium and tungsten. Apple offers trade-in and free recycling for devices, and breaks down the watch’s environmental impact in its report. Price The Series 10 comes in two sizes (42 and 46mm), a choice of materials and the option of 4G that requires an e-sim and compatible phone plan add-on. It starts at £399 (€449/$399/A$649). 4G models cost an extra £100 (€120/$100/A$160). For comparison, the Apple Watch Ultra 2 costs £799, the Apple Watch SE costs £219, the Google Pixel Watch 3 costs from £279 and the Samsung Galaxy Watch 7 costs from £289. Verdict It may not be the revolutionary redesign many were expecting for the tenth version of the Apple Watch, but the Series 10 is the most refined yet. A slimmer profile, larger screen and reduced weight for the aluminium model make a ******* difference in day-to-day usability than the small numbers might suggest. And the difference is even greater for the lightweight titanium models that have replaced the heavyweight stainless steel of previous luxury versions. Those upgrading from five years or older models such as the Series 5 or 6 will see the biggest boost, it is just a shame it does not really look any different. It still gets about two days of battery life between charges, still excels in all the areas Apple now dominates, from payments to health-tracking. For those with an iPhone the Apple Watch Series 10 is the best smartwatch by some margin, even if it is not that exciting any more. *****: great always-on screen, slimmer design, excellent haptic vibrations, double-tap gesture, top health tracking, great activity tracking, 50-metre water resistance, solid battery life and faster charging, long software support, recycled materials, takes older watch straps. *****: expensive, only works with an iPhone, blood oxygen readings not available in the US, no third-party watch faces, looks the same as all recent models. The speaker in the side has a new grille design and can be used to play media as well as take calls and voice actions. Photograph: Samuel Gibbs/The Guardian Source link #Apple #Watch #Series #review #thinner #lighter #basically #Apple #Watch Pelican News View the full article at [Hidden Content]

Britain’s ‘mini-budget’ disaster should serve as a warning to the U.S. Britain’s ‘mini-budget’ disaster should serve as a warning to the U.S. Former US President Donald Trump during an Economic Club of New York event in New York, US, on Thursday, Sept. 5, 2024. Bloomberg | Bloomberg | Getty Images Fears are mounting that the U.S. could soon experience its own version of Britain’s “mini-budget” crisis, with bond strategists warning that Donald Trump’s return to the White House brings with it the specter of currency volatility and surging bond yields. President-elect Trump has pledged to deliver a litany of pro-growth initiatives, including tax cuts, steep tariffs, and plans to roll back corporate regulation. The former president’s economic agenda has ratcheted up concerns about a surge in consumer prices, which strategists say could spark significant shifts in bond yields and investor behavior. They warn a scenario that mirrors Britain’s mini-budget crisis of 2022 is not out of the question. “Foreign central banks and institutional investors, traditional buyers of US 10y Treasurys, are slowly diversifying away from Treasurys on debasement worries attached to concerns over inflation, debt, and geopolitics,” Alim Remtulla, chief foreign exchange strategist at EFG International, told CNBC by email, with reference to 10-year U.S. Treasurys. “As a result, more price sensitive investors need higher yields to invest in Treasuries. This isn’t at crisis levels yet, as [the U.S. dollar] is outperforming,” he continued. “But there are worries that the US could experience a run on its currency and yields like the *** experienced in the Fall of 2022.” Britain’s mini-budget crisis refers to a tumultuous ******* under former Prime Minister Liz Truss and ex-Finance Minister Kwasi Kwarteng. Shortly after taking up their posts in early September 2022, Truss and Kwarteng triggered a ****** in government bond prices when they presented plans for big tax cuts in an unscheduled fiscal announcement. The British pound tumbled to an all-time low against the U.S. dollar after the measures were announced, while the sell-off in U.K. government bonds was so severe that the Bank of England staged an emergency intervention. Truss and Kwarteng resigned over the turmoil after less than two months in their respective offices, and the majority of the measures were reversed. ‘Investors are becoming a little nervous’ Althea Spinozzi, head of fixed income strategy at Saxo Bank, said Trump’s return to the White House has the potential to reshape the U.S. bond market “in profound ways,” with the trajectory of Treasury yields set to climb as markets adjust to higher inflation expectations. The benchmark U.S.10-year Treasury may yet breach the 5% mark, Spinozzi said, without specifying a timeline, noting that this level acts as a “magnet” in the current economic environment. “A Trump presidency also brings the specter of currency volatility. Concerns about the U.S. fiscal position, fueled by increased borrowing to fund tax cuts and spending, might prompt fears of a selloff in Treasuries, mirroring the turmoil seen in the U.K. in 2022,” Spinozzi said. “The U.S. dollar’s unique position as the world’s reserve currency and the unparalleled depth of the Treasury market provide a degree of resilience,” she continued. “That said, a sustained rise in yields could weigh on the dollar’s strength over time, particularly if inflation expectations become unanchored or global investors begin seeking alternatives,” Spinozzi said. Traders work on the floor of the New York Stock Exchange at the opening bell on November 13, 2024, in New York City. Angela Weiss | AFP | Getty Images The 10-year Treasury yield traded more than 4 basis points higher at 4.424% on Wednesday morning. Yields and prices move in opposite directions, and one basis point equals 0.01%. Bond yields tend to rise when market participants expect higher consumer prices or a growing budget deficit. Paul Ashworth, chief north America economist at Capital Economics, told CNBC that while a U.S. version of Britain’s mini-budget episode is possible, the dollar’s position as the world’s reserve currency “makes it hard to see a sudden crisis developing.” “But the so-called term premium component of Treasury yields could increase, indicating that investors are becoming a little nervous about swallowing the increased supply of bonds,” Ashworth said. ‘Tough to see happening’ “Of course there is a prospect of that happening. You can’t rule any of this out,” Thierry Wizman, global interest rates and currencies strategist at Macquarie Group, told CNBC via video call. “If this does happen, it’s likelier to be as a result of the U.S. going its own way with regard to deficit spending,” Wizman said. “If every country is looking equally irresponsible, then the chances of this happening are slim, certainly on a sustainable basis. But when all the countries are experiencing high debt ratios and high deficits, then it’s less likely because in effect there is nowhere to run, with the possible exception of physical assets like gold.” Referring to the behavior of private institutional investors, Wizman said a divergence would be necessary to facilitate a U.S. version of Britain’s mini-budget crisis. “It would take another country, another region like the euro area supplanting the U.S. with regard to fiscal responsibility. That’s tough to see happening,” he added. — CNBC’s Jenni Reid contributed to this report. Source link #Britains #minibudget #disaster #serve #warning #U.S Pelican News View the full article at [Hidden Content]

Eggy Party takes home best Pick Up & Play at Google Play Awards 2024 Eggy Party takes home best Pick Up & Play at Google Play Awards 2024 The Google Play Awards 2024 continues to offer news of exciting wins by top titles Eggy Party has taken home a major award with best Pick Up & Play It won in the category for a huge number of territories including Europe and the ******* States Coming alongside a win by the smaller indie puzzler Dadoo, more top releases are taking home the gold from the Google Play Awards 2024. And the latest to grab a top honour is Tencent’s own multiplayer battle royale Eggy Party. It was awarded the Best Pick Up & Play award in a number of regions, from Europe to the ******* States, the Middle East & North ******* and more! Eggy Party should need little introduction as this multiplayer battler pits you against friends and strangers alike in intense obstacle courses and minigames. Shades of Fall Guys and Stumble Guys are of course there, but thanks to the backing of mega dev Tencent it seems to have outshined them all, at least on mobile. The Pick Up & Play award isn’t just a shiny accolade, but a testament to the fact that Eggy Party achieved one of the most difficult things for any multiplayer release, accessibility. While there aren’t any special rewards or in-game events to celebrate the award (as of yet) I’m sure plenty of fans will be pleased to see this recognition. Showing off We’ll likely collate all the awards given out by Google Play at some point in the near future. But a couple of these are important to point to, I’d wager. While Dadoo received quite a prominent prize, it appears that Eggy Party has thoroughly swept its category. And although I’d never argue that it doesn’t take huge inspiration from, y’know, every obstacle-based battle royale out there, it does seem to bring in enough new stuff to really enthral players. If you’re looking to take this opportunity to hop into Eggy Party, don’t! Or at least, don’t do it before you check through our list of constantly updated Eggy Party gift codes to get a headstart on the competition. Source link #Eggy #Party #takes #home #Pick #Play #Google #Play #Awards Pelican News View the full article at [Hidden Content]

Google Pixel Tablet 3 Development Reportedly Cancelled; May Exit Tablet Business Once Again Google Pixel Tablet 3 Development Reportedly Cancelled; May Exit Tablet Business Once Again Google has reportedly cancelled the development of its rumoured Pixel Tablet 3. Employees who have been working on the project are said to have been reassigned to different projects within the company. Previous rumours suggested a 2027 launch timeline for Google’s third-generation tablet. It was said to ship with a Tensor G6 chipset. The purported Pixel Tablet 2 might be the last tablet from Google. The brand launched its Pixel Tablet in 2023. Google Has Reportedly Pulled the Plug on Pixel Tablet 3 Android Headlines, citing industry sources, reports that Google has cancelled the development of its Pixel Tablet 3. The device, internally known as “Kiyomi”, will not be moving forward and this decision was reportedly made sometime last week. Personnel previously assigned to the Pixel Tablet 3 project are said to be redirected to different projects within the company. Shelving Pixel Tablet 3 could shift Google’s hardware roadmap. It was earlier tipped to launch in 2027 with a Tensor G6 chipset under the hood. The latest development indicates that Pixel Tablet 2 will be Google’s last tablet. After a hiatus, Google returned to the tablet market in 2023 with the launch of the Pixel Tablet. While it hasn’t announced a successor yet, we have seen multiple rumours about Pixel Tablet 2. It is expected to go official later this year with a keyboard case. It is said to carry an 8-megapixel sensor in the front and the back. Pixel Tablet starts at $499 (roughly Rs. 40,900). It sports a 10.95-inch WQXGA (1,600×2,560 pixels) screen. It is compatible with a USI 2.0 touch pen. It runs on Google’s in-house octa-core Tensor G2 SoC along with a Titan M2 security chip. It carries 8GB of LPDDR5 RAM and up to 256GB of UFS 3.1 inbuilt storage. The Pixel Tablet features an 8-megapixel front camera and an 8-megapixel rear camera. It has quad speakers and offers Google Assistant support. It comes with a magnetic dock with Pogo pin connector support. The tablet is backed by a 27Wh battery. Source link #Google #Pixel #Tablet #Development #Reportedly #Cancelled #Exit #Tablet #Business Pelican News View the full article at [Hidden Content]

US proposes breakup of Google to end search monopoly US proposes breakup of Google to end search monopoly The US Department of Justice (DOJ) has proposed a series of remedies aimed at stopping Google from maintaining its monopoly in online search. In a court filing late on Wednesday, the DOJ said the technology giant should sell off its Chrome web browser. Government lawyers also recommended that District Judge Amit Mehta force the firm to stop entering into contracts with companies – including Apple and Samsung – that make its search engine the default on many smartphones and browsers. The proposed remedies stem from a landmark anti-competition ruling in August, in which Judge Mehta found Google illegally crushed its competition in online search. The Department of Justice was joined in the filing by a group of US states that argued the changes will help to open up a monopolised market. “Restoring competition to the markets for general search and search text advertising as they exist today will require reactivating the competitive process that Google has long stifled,” the government lawyers wrote. In response, Google said that with its proposals, the DOJ “chose to push a ******** interventionist agenda that would harm Americans and America’s global technology leadership.” “[The] DOJ’s wildly overbroad proposal goes miles beyond the Court’s decision,” said Kent Walker, president of global affairs at Google. “It would break a range of Google products — even beyond Search — that people love and find helpful in their everyday lives.” Google is expected to counter with its own proposed remedies by 20 December. Judge Mehta is set to issue a decision by the summer of 2025. Google’s search engine accounts for about 90% of all online searches globally, according to web traffic analysis platform Statcounter. Government attorneys also said that Google’s ownership and control of the Chrome browser – along with the Android operating system – have allowed it to funnel users to its search engine. Part of the proposal included barring Chrome from re-entering the browser market for five years. The DOJ also proposed court oversight of Android to ensure the company refrains from using its ecosystem to “favour its general search services and search text ad monopolies.” The DOJ case against Google was filed in the closing months of the first administration of Donald Trump. With the President-elect set to return to the White House on 20 January, questions have been raised about whether his new administration would take a different approach to the case. “It would be odd for the second Trump administration to back off a lawsuit that they filed themselves,” said Rebecca Allensworth, associate dean for research and anti-trust professor at Vanderbilt Law School. Even if Trump sought to stop the case from proceeding, which Prof Allensworth said is unlikely, the states listed as plaintiffs could proceed on their own. “So, given that, they can’t make it go away,” she said. “I think that the federal government will stay on it but just how hard they’ll push and what they’ll ask for, I think, is really uncertain.” The proposed changes could play an important role in restoring competition to the online search market, according to Professor Laura Phillips-Sawyer of the University of Georgia School of Law. The user data that Google secured because of its dominance in search helped “refine Google’s search algorithm and sell text ads,” Professor Phillips-Sawyer said. “But, those contracts also make it impossible for any newcomer in search to secure a distribution channel, and without any real possibility of reaching consumers, no one will invest in such innovation.” She says if Mehta accepts the governments proposals, competitors to Google – including new entrants – may have the chance to thrive. Source link #proposes #breakup #Google #search #monopoly Pelican News View the full article at [Hidden Content]

NYT Connections: hints and answers for Thursday, November 21 NYT Connections: hints and answers for Thursday, November 21 Sam Hill / Digital Trends Connections is one of the best puzzle games from the New York Times. The game tasks you with categorizing a pool of 16 words into four secret (for now) groups by figuring out how the words relate to each other. The puzzle resets every night at midnight and each new puzzle has a varying degree of difficulty. Just like Wordle, you can keep track of your winning streak and compare your scores with friends. Some days are trickier than others — just like other NYT Games favorites The Mini and Strands. If you’re having a little trouble solving today’s puzzle, check out our Connections tips and tricks guide for some good strategies or check out the hints for today’s Connections puzzle below. And if you still can’t get it, we’ll tell you today’s answers at the very end. How to play Connections Connections is a daily game about finding common threads between words. Players must select four groups of four words without making more than three mistakes. Play now. pic.twitter.com/CqObVOqeUs — The New York Times (@nytimes) November 3, 2024 You can play Connections on the New York Times website or with the NYT Games app on iOS or Android. In Connections, you’ll be shown a grid containing 16 words — your objective is to organize these words into four sets of four by identifying the connections that link them. These sets could encompass concepts like titles of video game franchises, book series sequels, shades of red, names of chain restaurants, etc. There are generally words that seem like they could fit multiple themes, but there’s only one 100% correct answer. You’re able to shuffle the grid of words and rearrange them to help better see the potential connections. Each group is ******-coded. The yellow group is the easiest to figure out, followed by the green, blue, and purple groups. Pick four words and hit Submit. If you’re correct, the four words will be removed from the grid and the theme connecting them will be revealed. Guess incorrectly and it’ll count as a mistake. You only have four mistakes available until the game ends. Hints for today’s Connections We can help you solve today’s Connection by telling you the four themes. If you need more assistance, we’ll also give you one word from each group below. Today’s themes KINDS OF SHIRTS SPHERES IN MILK TEA MARINE INVERTEBRATES, FAMILIARLY STARTS OF PASTA NAMES One-answer reveals KINDS OF SHIRTS – FLANNEL SPHERES IN MILK TEA – BOBA MARINE INVERTEBRATES, FAMILIARLY – CORAL STARTS OF PASTA NAMES – FETT New York Times Today’s Connections answers Still no luck? That’s OK. This puzzle is designed to be difficult. If you just want to see today’s Connections answer, we’ve got you covered below: KINDS OF SHIRTS – FLANNEL, OCFORD, POLO, TEE SPHERES IN MILK TEA – BOBA, BUBBLE, PEARL, TAPIOCA MARINE INVERTEBRATES, FAMILIARLY – CORAL, JELLY, SPONGE, STAR STARTS OF PASTA NAMES – FETT, PENN, TORTE, ZIT Connections grids vary widely and change every day. If you couldn’t solve today’s puzzle, be sure to check back in tomorrow. NYT Connection FAQs What time does the Connections puzzle change? The puzzle changes daily at midnight local time. Who edits the NYT Connections game? Wyna Liu, who has been editing puzzles at The New York Times since 2020, edits Connections daily. “A few months ago, a new assignment crossed my desk: Create the game boards for Connections, a category matching game that had recently been greenlighted and was in search of an editor,” wrote Liu in an article explaining her process in June 2024. Most of my puzzle experience has been working with crosswords, and I was excited at the chance to try something different. I’ve enjoyed learning how puzzle editing plays out once a game is greenlighted, and seeing how our team fits into a larger ecosystem.” On the one-year anniversary of Connections launching earlier this year, Liu posted this TikTok about her favorite puzzles so far: Source link #NYT #Connections #hints #answers #Thursday #November Pelican News View the full article at [Hidden Content]

Arm Holdings: Buy the Dip or Wait for a Better Price? Arm Holdings: Buy the Dip or Wait for a Better Price? Arm’s licensing model and market leadership in mobile and AI are potential long-term drivers of value. Recent earnings show robust royalty revenue but softer licensing revenue, a noteworthy factor for investors. The stock’s elevated valuation, coupled with market volatility and industry headwinds, warrants careful consideration before making a buy decision. The technology sector has recently experienced heightened volatility, and Arm Holdings (NASDAQ:) has not been immune to the market’s turbulence. After a remarkable 134% surge in its stock price year-to-date, ARM has witnessed a decline of roughly 16% within a single month. Does this downturn present a strategic buying opportunity, or is it a warning sign of more substantial difficulties? Understanding Arm’s Unique Position Arm Holdings operates under a distinctive licensing model, licensing its CPU architectures rather than manufacturing chips. This strategy delivers several key advantages: it provides a more predictable revenue stream based on royalties, it reduces capital expenditure, and it enables the company to concentrate on continuous innovation. The license model has propelled Arm to a dominant position in the mobile market and enabled strong inroads in other high-growth sectors, including artificial intelligence (AI), the Internet of Things (IoT), and the automotive industry. The AI ***** and the Semiconductor Supply Chain The semiconductor industry is experiencing significant changes in strategy and direction. Demand for AI processing power is surging, driving growth in multiple segments, but persistent supply chain constraints temper this upswing. The global economic slowdown is also impacting consumer spending, which could affect demand for electronic devices incorporating Arm’s technology. Geopolitical factors add another layer of complexity, with ongoing trade tensions and export controls introducing uncertainty for global companies like Arm. While these factors pose challenges for the industry, they do not cancel out the fundamental drivers of Arm’s underlying strength. Arm is a low-power architecture chipset that is uniquely positioned to benefit from the long-term growth trends in the market despite the ongoing macroeconomic challenges and geopolitical headwinds. The company’s established partnerships and substantial cash reserves provide it with a buffer against potential market corrections and enable continued investment in research and development. However, the persisting supply chain issues and the potential for a significant consumer slowdown need to be constantly monitored. Arm Beats EPS Estimates, But Licensing Revenue Softens Arm’s earnings report for the second quarter of fiscal year 2025 (Q2 FY2025) provided investors with a mixed picture of the company, showcasing robust royalty revenue growth alongside a decline in licensing revenue. Total revenue rose 4.7% year-over-year to $844 million, surpassing Arm’s analyst community’s expectations of $810.03 million. This growth was driven primarily by a 23% surge in royalty revenue, reaching $514 million. Royalties are a crucial component of Arm’s licensing-based business model. They have benefited from increasing adoption of the Armv9 architecture in smartphones and an overall rebound in the smartphone market. Conversely, license and other revenue dipped by 15% to $330 million, reflecting the timing of large licensing deals and contributions from the backlog of previously signed agreements. These backlog contributions represent revenue from licensing agreements signed in previous periods. Non-GAAP diluted earnings per share (EPS) reached $0.30, exceeding analyst forecasts of $0.26. Non-GAAP is a common profitability metric used by tech companies that excludes non-recurring expenses to provide a more consistent view of operational performance. Non-GAAP operating income came in at $326 million, though the operating margin contracted to 38.6% compared to the prior year’s Q2 margin of 47.6%. This contraction was primarily attributed to a 25% year-over-year rise in non-GAAP operating expenses, driven by a 21% expansion of the company’s engineering team and strategic investments in research and development, particularly in areas like AI and the development of new chip architectures. Analyst Optimism Meets Lofty Valuation Analyst sentiment toward Arm Holdings provides a view of cautious optimism tempered by a rich valuation. The consensus rating ******** a Moderate Buy, based on 26 Wall Street analysts surveyed. However, this rating masks a range of opinions, with price targets spanning from a low of $100 to a high of $190, reflecting varying views on Arm’s growth trajectory. The average price target currently stands at $147.95, presenting an upside potential of approximately 16% from the current price of $127.60. This suggests that while analysts are generally optimistic, they don’t anticipate dramatic near-term price appreciation. The issue is that Arm appears expensive relative to historical earnings and industry benchmarks. The stock currently trades at a trailing twelve-month price-to-earnings (P/E) ratio of 213.40, significantly above the market average, reflecting high investor expectations for future growth. This elevated P/E ratio suggests that the market is pricing in substantial earnings increases, which means Arm will face pressure to deliver exceptional results. The Price-to-Sales (P/S) ratio is 41.67, and the Price-to-Cash Flow (P/CF) is an extremely high 245.84. These metrics further underscore the premium valuation placed on Arm. Historically, high valuation multiples like these have created significant downside risks. If Arm’s earnings growth disappoints, even slightly, the stock price could experience a sharp correction. Intermediate investors may interpret the high valuation as a sign that much of the anticipated growth is already priced into the stock, leaving less room for significant gains. Is the Dip a Bargain or a Pitfall? The recent price correction in Arm Holding’s stock presents a complex investment situation for investors. While the company’s strong fundamentals suggest long-term potential, the current valuation and recent price volatility necessitate careful consideration. If you are an investor with a long-term investment horizon and a high risk tolerance, the dip might present a compelling opportunity. The stock’s substantial year-to-date gains and strong fundamentals, combined with a substantial cash reserve, indicate resilience. If your investment strategy focuses on holding for extended periods, seeking out growth in a sector with potentially high returns, the company’s strong historical performance and potential for further market share gains could warrant a position at this price point. If you have a lower risk tolerance or are looking for immediate gains, it may be better to wait and see how the situation develops. The current high valuation multiples suggest that much of the expected future growth is already factored into the stock price. Additionally, the recent price volatility, significant premium valuation, and ongoing uncertainties in the semiconductor market (such as supply chain disruptions and geopolitical tensions) could lead to a more significant price correction. Therefore, it might be wise to wait for a better entry point. Original Post Source link #Arm #Holdings #Buy #Dip #Wait #Price Pelican News View the full article at [Hidden Content]

Duct-taped banana artwork auctioned for $6.2m in New York Duct-taped banana artwork auctioned for $6.2m in New York Maurizio Cattelan’s provocative artwork of a banana duct-taped to a wall has fetched $6.2m (£4.9m) at Sotheby’s in New York – four times higher than pre-***** estimates. The auction house says ******** cryptocurrency entrepreneur Justin Sun outbid six other rivals to get the “Comedian” installation of the Italian visual artist on Wednesday. “In the coming days, I will personally eat the banana as part of this unique artistic experience,” Mr Sun was quoted as saying. The taped banana – now perhaps one of the most expensive fruits ever sold – was actually bought earlier in the day for a mere $0.35, according to the New York Times. “Comedian” was first unveiled to the public in 2019, instantly becoming a viral sensation and also provoking heated debates about what art is. The installation – which has travelled around the world – comes with instructions on how to replace the banana whenever it rots. In fact, the fruit has been eaten not once, but twice. In 2023, a South Korean art student helped himself when the installation went on display at Seoul’s Leeum Museum of Art. The museum later placed a new banana in the same spot, local media reported. Four years earlier, a performance artist pulled the banana from the wall after the artwork was sold for $120,000 at Art Basel in Miami. The banana was swiftly replaced, and no further action was taken. Justin Sun runs the Tron blockchain network, which facilitates some cryptocurrency transactions. Last year the US Securities and Exchange Commission accused him of ******, saying he had falsely inflated trading volumes of TRX, Tron’s crypto token. Mr Sun denies the charges. Source link #Ducttaped #banana #artwork #auctioned #6.2m #York Pelican News View the full article at [Hidden Content]

A two-pack of Blink Mini 2 cameras is on ***** for $35 in this ****** Friday deal A two-pack of Blink Mini 2 cameras is on ***** for $35 in this ****** Friday deal ****** Friday deals have come for Blink security devices, including the new-this-year Blink Mini 2. You can snag a two pack of the updated, wired security cameras for only $35, which is half off and $5 less than you’d usually pay for just one of them. That’s a record low — and cheap enough to qualify as a stocking stuffer. There are a bunch of other Blink devices on ***** right now as well, including the Blink Video Doorbell, which is also half off and down to $30. The compact security camera has ****** night vision capabilities thanks to its built-in LED spotlight. It supports person detection, although you’ll need a Blink Subscription for that. They start at $3 monthly or $30 annually for one device. (And you get a 30-day trial to see if it’s worth it.) The camera supports 1080p HD live view and has a wider field of view than its predecessor (143 degrees diagonally vs. 110 in the original). It also has a low-light image sensor. The Blink Mini 2 works with Alexa and supports two-way audio. Blink Save big on a pair of Blink Mini 2 security cameras. $35 at Amazon The plug-in camera works indoors and out, but you’ll need a $10 weather-resistant power adapter to use it outside. However, it does include mounting screws in the box, along with a 13-ft indoor power adapter and a stand for each camera. You can order the camera in ****** or white. Check out all of the latest ****** Friday and Cyber Monday deals here. Source link #twopack #Blink #Mini #cameras #***** #****** #Friday #deal Pelican News View the full article at [Hidden Content]

HMD Fusion Teased to Launch in India Soon; to Be Available on Amazon HMD Fusion Teased to Launch in India Soon; to Be Available on Amazon HMD Fusion was introduced at IFA 2024 in September this year. The smartphone has now been teased to launch in India. However, the company has yet to announce the exact launch date. The Indian variant of the handset is expected to have features similar to those of the global version. Globally, the phone comes with a Snapdragon 4 Gen 2 SoC with up to 8GB RAM, a 108-megapixel dual rear camera unit, interchangeable covers called Smart Outfits, and supports self-repairability via an iFixit kit. HMD Fusion India Launch A live Amazon microsite reveals a teaser for the next HMD handset in India. Although the posters do not reveal the moniker of the upcoming handset, one of them bears the tagline “Experience Fusion.” This suggests that the model anticipated to launch soon is the HMD Fusion and that it will be available for purchase in the country via Amazon. The teaser images claim that the phone will allow users to modify designs and self-repair it. HMD Fusion Specifications, Features The HMD Fusion has a 6.56-inch HD+ (720 x 1,612 pixels) display with a 90Hz refresh rate and a Snapdragon 4 Gen 2 chipset paired with up to 8GB RAM. It supports up to 256GB of onboard storage, which can be expanded up to 1TB via a microSD card. The phone runs on Android 14 out-of-the-box. In the camera department, the HMD Fusion carries a dual rear camera unit including a 108-megapixel primary and a 2-megapixel depth sensor. The front camera holds a 50-megapixel selfie shooter. The phone is backed by a 5,000mAh battery with 33W wired fast charging support. It carries a side-mounted fingerprint sensor and an IP52-rated build for dust and splash resistance. Similar to the HMD Skyline handset, which was launched in India in September, users can self-repair certain elements of the HMD Fusion including battery by utilising the company’s iFixit kit. The HMD Fusion supports interchangeable covers called Smart Outfits as well, which can be attached to the device through six pins. Some of these covers come with additional functionalities like a camera light ring or added protection. Affiliate links may be automatically generated – see our ethics statement for details. Source link #HMD #Fusion #Teased #Launch #India #Amazon Pelican News View the full article at [Hidden Content]

3 Under-the-Radar Oil Stocks to Keep Your Eye On 3 Under-the-Radar Oil Stocks to Keep Your Eye On The incoming Trump administration may favor fossil fuel companies through deregulation, impacting energy stocks. Under-the-Radar companies like Suncor, Cenovus, and TotalEnergies present growth potential with operational expansions and undervaluation. Crude oil volatility ******** a critical factor for energy stock performance, influenced by global conflicts and U.S. policy changes. A second Trump administration is likely to affect most, if not all, corners of the stock market, there are few areas expected to be impacted as significantly as the . Green energy stocks, which had benefited from the Inflation Reduction Act of 2022, experienced a decline immediately following the U.S. election. By contrast, many traditional energy companies have risen in the same timeframe. The energy sector is heavily influenced by the political landscape, and some investors are optimistic that a loosening of regulations will benefit fossil fuel companies in particular. Major players like Exxon Mobil (NYSE:) and ConocoPhillips (NYSE:) are well-positioned in this space, thanks to their extensive infrastructure and established operations. If oil and gas stocks do get a boost heading into the new year, it may present an opportunity for lesser-known and under-the-radar firms. Three such companies to keep an eye on include Suncor Energy (NYSE:), Cenovus Energy (TSX:), and TotalEnergies SE (NYSE:). 1. Suncor Energy: Earnings Beat, Debt Control, Dividend Payout Suncor is relatively unknown in the ******* States, except to investors who focus on energy stocks. However, it is the second-largest energy company in Canada, where it develops petroleum basins nationwide. With a market capitalization of $51 billion, Suncor is less than half the size of ConocoPhillips and under 1/10th the size of Exxon Mobil. Still, Suncor’s stock is up by nearly a quarter in the last year, far outpacing the growth of these two larger firms. The company had a strong third quarter, solidly beating analyst predictions with earnings of $1.08 per share and the latest in a series of quarterly earnings surprises. Despite the fact that earnings did decline slightly on a year-over-year basis, Suncor’s announcement that its operational streamlining process has been a success more quickly than anticipated gave the company’s stock a boost. Suncor intends to return all excess cash to shareholders following the achievement of its debt target. Six out of eight analysts Suncor have rated it a Buy, and the consensus price target of $56.40 is nearly 40% above current price levels. If Suncor can maintain its operations and remain disciplined about debt management, investors could reap rewards both in stock appreciation and dividends. 2. Cenovus Energy: Key Operational Expansion Another ********* company, Cenovus has a diverse set of both downstream and upstream operations that has helped it to stand out among smaller energy firms. Cenovus is in the final stages of completing a key pipeline connection between a processing facility at Christina Lake in western Canada and Narrows Lake, a nearby operation. When the project is completed—likely in mid-2025—it could add as much as 30,000 bbls/d in production capacity. Cenovus also has a number of new well pads that have either recently come online or are expected to become operational in the coming quarters. Together, these new projects should keep the company’s production levels increasing. Cenovus has also been successful at limiting costs as it expands, which is especially crucial for a smaller energy firm. Analysts expect shares of Cenovus to nearly double to $30 a piece. Even still, the firm’s total market value would remain just a fraction of the major companies mentioned above, making this a great example of an under-the-radar company worth watching in the energy sector. 3. TotalEnergies: Undervalued and Possible Bargain Share Price TotalEnergies is a French energy firm with operations that are broad in scope and geographic area. A key benefit to this breadth is the company’s prospects for expanding both its traditional oil exploration and production as well as areas including renewables and liquefied . With a forward P/E ratio of 7.7 and a price-to-sales ratio of 0.7, TotalEnergies is likely undervalued in the market. Analyst views of the company’s prospects support this assessment, as the firm has a price target of nearly $79, a 29.4% potential upside. TotalEnergies’ shares are also down more than 8% in the last year, presenting a potential opportunity to buy before a turnaround begins. Investors Should Be Mindful of Oil Prices A major factor in the performance of oil and gas companies is the price of itself, which is typically highly variable. With Russia’s ongoing invasion of Ukraine, increasing turmoil in the Middle East, and other unknowns about the policies of the new U.S. administration all at play, it’s particularly difficult to gauge how the price of oil may move. Investors should beware that a drop in oil prices could make any of these firms a much less attractive prospect. Original Post Source link #UndertheRadar #Oil #Stocks #Eye Pelican News View the full article at [Hidden Content]

Obituary: John Prescott Obituary: John Prescott BBC John Prescott was an old-style political bruiser who played a vital role in the New Labour project. He scorned what he called “the beautiful people” – the men in smart suits with red roses and mobile phones who became the new face of Labour. Yet he was an important figure in the campaign to sell modernisation to the party and pave the way for Labour to regain power after 18 years in opposition with Tony Blair’s historic landslide victory in 1997. Towards the end of his political career, a series of embarrassments – including an affair and allegations of ministerial impropriety – threatened to tarnish his salt-of-the-earth image. But as deputy prime minister for 10 years and part of the team that won three successive election victories, his position in Labour history is secure. Ship’s steward John Leslie Prescott was born in Prestatyn, Flintshire, on 31 May 1938. His father was a railway signalman and his mother came from a mining family. Although his family left Wales when he was four, he remained proud of his heritage and always considered himself Welsh. Rex Features He was one of a number of union-sponsored Labour MPs He became a ******** chef on leaving school at 15 and then worked for eight years as a ship’s steward on passenger liners, becoming active in the National Union of Seamen. In 1962, he went to Ruskin College, Oxford, where he got a diploma in economics and politics, and later to Hull University to study for an economics degree. Active in the merchant sailors’ strike of 1966, he served as an official with the National Union of Seamen for two years before his election, in 1970, as MP for Hull East, sponsored by the union. Cherished principles John Prescott became a Labour frontbench spokesman in May 1979 and joined the shadow cabinet in 1983, gaining a reputation as a pugnacious and knowledgeable spokesman on transport. The same year his showman’s instincts saw him swim two miles down the River Thames to highlight opposition to Margaret Thatcher’s government policy of dumping nuclear waste at sea. But it was the Labour leader John Smith who finally gave John Prescott political room to breathe, with a key role in selling modernisation to the party and unions. Rex Features He swam a stretch of the Thames to protest against dumping nuclear waste at sea It was John Smith who kick-started Labour’s slow return to power, overturning many of the party’s most cherished principles in a drive to make it electable again. And John Prescott, with his strong union links and no-nonsense approach, offered vital support, not least in the abolition of the union block vote that had been Labour policy for years. When Tony Blair became leader, following John Smith’s untimely ****** in 1994, he too recognised the importance of keeping John Prescott on board. PA Media John Prescott was a key figure in New Labour’s rise to power and its decade in government The Hull East MP became deputy leader and later deputy prime minister with wide departmental responsibility over transport and the environment. He pledged to create an integrated transport system and said his success would be measured by a reduction in people needing to use a car. This caused him considerable embarrassment when, at the 1999 Labour conference, he used his ministerial car – a Jaguar – for a 200-yard journey back to his hotel. PA Media He had a love-hate relationship with some of his colleagues, most notably Peter Mandelson, whom he once compared to a crab Rex Features He played an invaluable role as peacemaker between Tony Blair and Gordon Brown In typical Prescott style, he claimed it was so his wife Pauline’s hair would not get blown about. But the politician, who also owned a Jaguar himself, was soon dubbed “two Jags” in the press. He once described himself as the guard on the Labour train – ready to slow it down if it moved off the rails. Yet his solid working-class credentials added powerful support to Tony Blair and the Labour modernisers. He campaigned passionately against the ************* policy of privatising Britain’s railways and was reported to have been furious when Labour ******* to adopt a policy of renationalisation when returned to power. Election punch His policy of creating elected regional assemblies to oversee the new regional development agencies also hit the buffers, when, in a referendum in a pilot area in England’s North East, 78% of people rejected the idea. He also faced opposition over his so-called Pathfinder project, designed to provide thousands of new homes. As part of the policy, about 200,000 homes in the North of England were demolished, which, critics said, could have been renovated at much less cost. Rex Features His showmanship came to the ***** on the campaign trail PA Media The “Prescott punch” was one of the most memorable events of an otherwise listless 2001 election His passion and burly style of delivery were constant features. He repeatedly described New Labour’s mission as delivering “traditional values in a modern setting” – a powerful if somewhat intangible concept. Mocked by some for mangling his syntax, he often still managed to inject humour into difficult situations – such as when he was criticised for accusing a female French minister of being too tired to understand the intricacies of an environment summit. “As to whether I am accused of being a macho man – moi?” he told the Commons. “I must say the remark leaves me most gutted.” He hit the headlines during the 2001 general election after he was filmed throwing a punch at a member of the public who had thrown an egg at him during a protest in Rhyl, Flintshire. John Prescott said he had acted in self-defence and police refused to take any further action. Subsequent newspaper polls suggested most people supported his reaction. Oyster bar In later days, John Prescott reportedly had to act as a peacemaker between Tony Blair and the Chancellor, Gordon Brown, as speculation about the succession to the leadership ebbed and flowed. His own comment in a newspaper, that the “tectonic plates” in the Labour Party were moving, gave rise to suggestions of manoeuvring within the cabinet. And when he was seen sharing a car with Gordon Brown and stopping off at a Scottish oyster bar, the rumours that Tony Blair was about to stand down intensified. However, as his career as an MP neared its end, the headlines surrounding John Prescott concentrated on his private life. In 2006, he admitted to an affair with his former secretary Tracey Temple, which led to a raft of lurid stories. ISF PHOTOS Images of the former union official playing croquet at his grace-and-favour residence were a gift to satirists Tiger Aspect John Prescott pictured with his wife Pauline In a cabinet reshuffle soon after the revelations emerged, John Prescott was stripped of his department, although kept on as deputy prime minister and allowed to retain his salary and grace-and-favour homes. But, in a further embarrassment, he felt compelled to give up his country pile, Dorneywood, after being pictured on its lawns playing croquet with his staff – an image at odds with his down-to-earth reputation. It was later revealed he had visited the US ranch of businessman Philip Anschutz – whose company took over the running of the Millennium Dome and who was bidding to build Britain’s first super-casino. Critics said there was a conflict of interest. John Prescott, who met Mr Anschutz seven times, ******* to declare the visit for 11 months. He eventually said he had gone because he liked cowboy films. The Commons Standards and Privileges Committee ruled the ministerial code had been broken because the trip had not been declared immediately. Lording it Shortly after Tony Blair said he would be stepping down as prime minister, John Prescott announced he would relinquish his role as deputy. He ended his time in government with no ministerial brief of his own and was seen by many as a peripheral figure. To the surprise of many of his supporters, he accepted a peerage in 2010 despite reportedly having once said: “I don’t want to be a member of the House of Lords. I will not accept it.” He defended the decision because it would give him continued influence over environmental policy and he refused to treat the red benches as an upmarket retirement home, using them as a platform to carry on campaigning. He continued to serve in the Lords until July of this year, when he was removed for non-attendance – bringing down the curtain on a parliamentary career of more than 50 years. Rex Features He was in his element on the campaign trail, throwing his weight behind No in the 2014 Scottish independence referendum His most robust interventions in Lords debates involved attacking the government’s response to the phone-hacking scandal. For Lord Prescott, the matter was personal – his lawyers alleged the News of the World had placed him under surveillance, and in 2012 he won a pay out from the paper’s parent company, News International. He was back on the stump again in 2012 when he stood as a candidate in Humberside in the elections for the new office of police and ****** commissioner. He was said to be disappointed when he lost out to a ************* opponent on the second round of balloting. Party loyalist John Prescott remained a Labour loyalist at heart. While ultimately distancing himself from Tony Blair’s decision to go to war in Iraq, he defended his former boss’ legacy and was equally supportive of the different leaders that followed him. He also advised the then-Labour leader Ed Miliband in the run up to the 2015 election. He was far from a natural bedfellow of Jeremy Corbyn but insisted the left-wing campaigner – who opposed nearly all of what New Labour stood for – had “proved himself”, and urged dissident MPs to support him. His son David – who himself stood unsuccessfully for Parliament – was even part of Jeremy Corbyn’s team. And speaking at Labour’s 2017 conference – the 51st he had attended – he said the party was on the path back to government and had a “really exciting” future. In 2019, he suffered a ******* and was taken to Hull Royal Infirmary. But his former Labour colleague, Alan Johnson, said there were “no signs of him slowing down at all”. To the very end, he represented a breed apart from many of his contemporaries – a Labour MP who had cut his campaigning teeth in a trades union rather than as a political adviser and who believed political principles had to be married to power. Source link #Obituary #John #Prescott Pelican News View the full article at [Hidden Content]

Stellar Blade’s Eve Will ******* You if You Act Inappropriately in New PS5 DLC Stellar Blade’s Eve Will ******* You if You Act Inappropriately in New PS5 DLC Worlds collide in the upcoming Stellar Blade x Nier: Automata collaboration, coming later this year. An all-new Photo Mode coming to Stellar Blade — choose your favorite poses, expressions, and filters to create the perfect shot! Keep the vibe alive with the full Original Soundtrack, over 180 tracks from Stellar Blade now available on select streaming services. Source link #Stellar #Blades #Eve #******* #Act #Inappropriately #PS5 #DLC Pelican News View the full article at [Hidden Content]

Xbox Cloud Gaming Now Allows Game Pass Ultimate Members to Stream Select Games They Own Xbox Cloud Gaming Now Allows Game Pass Ultimate Members to Stream Select Games They Own Microsoft is expanding its Xbox Cloud Gaming service beyond the select Game Pass titles currently available for streaming. The Xbox parent announced Wednesday that Game Pass Ultimate members would be able to stream select titles from their library of purchased games on supported devices. The cloud streaming service went live after the announcement in all 28 countries where Xbox Cloud Gaming (Beta) is available. The company also announced 50 titles now available for streaming, including popular games like Baldur’s Gate 3, Cyberpunk 2077 and Hogwarts Legacy. Xbox Cloud Gaming is Expanding Xbox Cloud Gaming, available to Game Pass Ultimate subscribers, allows users to stream select titles from Game Pass catalog on supported TVs and Web browser on iOS, Android, PCs, handhelds and tablets. With the new update, Game Pass Ultimate members can now stream select games they own, even if those titles are not included in the Game Pass catalog, across supported devices. Xbox Cloud Gaming is currently available on Samsung Smart TVs, Amazon ***** TV devices, Meta Quest headsets and via Web browsers on PCs, smartphones, and tablets. The new feature, currently available on TVs and via the Web browser on supported devices, will make its way to Xbox consoles and the Xbox app on Windows next year, Microsoft confirmed. In its announcement, the company also shared a list of 50 titles that can now be purchased and streamed. All editions of a supported title will be available for streaming. “Our library of cloud-playable titles will continue to grow, as we work with our partners around the world to bring you a diverse and expansive selection of great games across devices,” Ashley McKissick, Corporate Vice President, Xbox Experiences and Platforms Engineering, said. How to Start Streaming Games You Own To start cloud streaming a game you own on a Web browser on your PC, phone, tablet or handheld, head to [Hidden Content]. Once you sign in to your Game Pass Ultimate membership, select ‘Stream you own game’ and look for cloud-playable titles you own, or want to purchase and stream. You can connect a supported controller to your device and start playing. On PC, certain games will support mouse and keyboard input, as well, Microsoft said. On supported TVs download and launch the Xbox app, while on supported VR headsets like Meta Quest, download the Xbox Cloud Gaming app. Sign in, select ‘Stream you own game’ and connect a supported controller to start playing. Game Pass Ultimate subscription costs Rs. 829.00 per month in India. The membership grants access to a library of titles, new games on launch, online multiplayer, EA Play, Xbox Cloud and a number of discounts. Xbox Cloud Gaming, however, is currently not available in India. 50 Titles Now Cloud-Playable Here are the 50 games that can now be streamed via Xbox Cloud Gaming with a Game Pass Ultimate membership: Animal Well *********’s Creed Mirage Avatar: Frontiers of Pandora Balatro Baldur’s Gate 3 Banishers: Ghosts of New Eden Call of Duty: Modern Warfare II (2022) The Casting of Frank Stone Cyberpunk 2077 Dragon Quest III HD-2D Remake Dredge Dying Light 2 Stay Human Farming Simulator 25 ***** the Spotlight Final Fantasy XIV Online Final Fantasy Final Fantasy II Final Fantasy III Final Fantasy IV Final Fantasy V Final Fantasy VI Hades Harry Potter: Quidditch Champions High On Life Hitman World of ************** Hogwarts Legacy House Flipper 2 Kena: Bridge of Spirits Lego Harry Potter Collection Life is Strange: Double Exposure Metro Exodus Mortal Kombat 1 NBA 2K25 PGA Tour 2K23 Phasmophobia Prince of Persia: The Lost Crown Rust Console Edition 7 Days to **** Star Wars Outlaws Stray The Crew Motorfest The Outlast Trials The Plucky Squire The Witcher 3: Wild Hunt Tom Clancy’s The Division 2 TopSpin 2K25 Undertale Visions of Mana Warhammer 40,000: Space Marine 2 WWE 2K24 Source link #Xbox #Cloud #Gaming #Game #Pass #Ultimate #Members #Stream #Select #Games Pelican News View the full article at [Hidden Content]

Buying the Dip on Crypto Stocks? What to Watch for Before Jumping in Buying the Dip on Crypto Stocks? What to Watch for Before Jumping in After a recent dip in Bitcoin’s price, investors may wonder whether some crypto stocks are a good buy today. They could be if Bitcoin does stage a comeback, but first, one signal needs to happen through gold’s price action. Short sellers and institutional capital agree with the sort of upside these three crypto stocks carry under the exemplary scenario. Investors are probably aware of the “Everything rally” that took place a few days after the ******* States presidential election results were out, a message from the markets to show the world how bullish the implications are for the coming years of the administration. However, some asset classes, including cryptocurrencies, have started to cool off after this significant rally. After hitting an all-time high of just over $90,000, has now retraced enough to return most of its post-election games to the market. This is where some investors might start getting excited to deploy their idle cash, hoping for a potential rebound back to the recent highs, if not higher. However, there are a few fundamental reasons why investors should wait. Before considering stocks like MicroStrategy (NASDAQ:) as an avid Bitcoin holder, Coinbase Global (NASDAQ:) as the technology stock middleman exchange allowing for investors and traders to get a piece of the cryptocurrency action and volatility in the coming weeks, and even a diversified ETF like the iShares Bitcoin Trust (NASDAQ:), there needs to be one clear signal first. Buying the Dip on Crypto Stocks: What to Watch For Before Investing Gold’s Intermarket Alert: The Key Signal Investors Are Watching For A few days before Bitcoin gave up some of its gains, the price of gold started to deviate, and that should have been taken as a warning for cryptocurrency investors. While Bitcoin is a relatively new asset, gold has been the historical choice for investors to express their inflation or weaker dollar views. In this sense, investors looking to buy the cryptocurrency stocks dip would have to wait until gold consolidates at the bottom and then pull the trigger if and only if gold decides to take charge once more. Can MicroStrategy Stock Achieve Another Double-Digit Rally? According to MicroStrategy’s latest financial updates, the company holds up to 279,420 Bitcoin on its balance sheet. This means that, as Bitcoin potentially recovers to all-time highs, the company’s book value will rise significantly along with it. That’s why broader markets are willing to pay a premium for the company’s balance sheet, as seen in the current 18.3x price-to-book (P/B) valuation for the stock, compared to the computer sector’s average 6.8x P/B valuation today. While some may call this expensive, investors need to realize that markets willing to overpay for a particular stock typically have a good reason for doing so, and the company’s balance sheet is that justification today. Some institutional investors get the idea, which is why those at Geode Capital Management saw it fit to boost their MicroStrategy holdings by 990% in the last quarter. This new addition brought the group’s net investment up to $465.6 million, or 1.3% ownership in the company. Why Short Sellers Think There is a Coinbase Comeback As Bitcoin and other cryptocurrencies start to heat up and become more popular for the rest of the market, short sellers are not convinced to keep their short positions in the stock anymore. At least, this is the logical explanation after the company’s short interest declined by 10.3% in the past month alone. The same buyers of MicroStrategy stock, Geode Capital Management, also decided that their money could benefit from some exposure to Coinbase stock. As of November 2024, the group boosted their holdings in Coinbase by 10.1% to net their investment at a high of $609.8 million today, replacing some of the retreated short sellers. Wall Street analysts think that the underlying business growth is there. They currently project up to $0.94 in earnings per share (EPS) for Coinbase in the next 12 months, calling for a net upside of 235% from today’s $.28. Leverage Gold’s Signal with This Diversified Bitcoin ETF When and if prices signal that investors should start buying Bitcoin again, as gold is a proxy for all the fundamental factors that make it a buy-and-sell along with Bitcoin, investors could use a more diversified approach to entering the cryptocurrency market. This is where the iShares Bitcoin ETF comes into play, as it offers less volatility than the spot price of Bitcoin and all the benefits of the equity markets, such as options for hedging out a position in the ETF in case markets get rocky again. Like in Coinbase’s case, short sellers see no reason to stick with their short positions in the sector. This trend can be seen by the 22.6% decline in short interest for this ETF over the past month, which shows signs of bear capitulation. The ETF also reports up to $1.7 billion in institutional capital inflows during the past 12 months, which shows that willing bulls are coming in to replace the running bears. Original Post Source link #Buying #Dip #Crypto #Stocks #Watch #Jumping Pelican News View the full article at [Hidden Content]

2024 AFL Draft: Follow all the action from the second night at Marvel Stadium 2024 AFL Draft: Follow all the action from the second night at Marvel Stadium Day two of the AFL draft could see a number of West Australians realise their long-awaited football dreams. West Coast will get their first selection at 30 in the second round before Fremantle jump in with some late selections. Follow all the live action with our blog. Source link #AFL #Draft #Follow #action #night #Marvel #Stadium Pelican News View the full article at [Hidden Content]

The Seven Deadly Sins: Idle Adventure welcomes Pitch-****** Meliodas during 100th-day festivities and more The Seven Deadly Sins: Idle Adventure welcomes Pitch-****** Meliodas during 100th-day festivities and more Pitch-****** Meliodas and ****** Hendrickson have rate-up summons New coupon code to redeem for freebies Login bonuses galore Netmarble is inviting everyone to join in on its 100th-day festivities within The Seven Deadly Sins: Idle Adventure, where limited-time events and a brand-new hero will be up for grabs. In particular, Pitch-****** Meliodas is joining the ****** this month, so if you’re keen on buffing up your party, this DEX-attributed DPS should do the trick. In the latest update for The Seven Deadly Sins: Idle Adventure, you can wield two Special Skills from Pitch-****** Meliodas – the first character in the RPG to do just that. Thankfully, the Rate Up Summon Tickets should help you grab the newcomer from now until December 3rd, along with debuffer ****** Hendrickson with a rate-up chance to pull from the gacha. Apart from your usual login bonuses, the HAPPY 100 DAYS Grand Summon will run until December 3rd as well so you can summon heroes of [Ten Commandments] and [Seven Deadly Sins] if you’re lucky. In the same vein, a new code is now available to redeem to celebrate 100 days of service – be sure to grab [Ten Commandments] Hero Summon Ticket with the “HAPPY100DAYS” coupon code. If you’re curious about which characters you should add to your roster, why not take a look at our The Seven Deadly Sins: Idle Adventure tier list and reroll guide to get an idea? In the meantime, if you’re eager to join in on all the fun, you can do so by checking it out on the App Store and on Google Play. It’s free-to-play with in-app purchases. You can also join the community of followers on the official Facebook page to stay updated on all the latest developments, visit the official website for more info, or take a little peek at the embedded clip above to get a feel of the vibes and visuals. Source link #Deadly #Sins #Idle #Adventure #welcomes #PitchBlack #Meliodas #100thday #festivities Pelican News View the full article at [Hidden Content]

Oppo Find X8, Find X8 Pro With Hasselblad Camera System, Dimensity 9400 SoC Launched in India: Price, Specifications Oppo Find X8, Find X8 Pro With Hasselblad Camera System, Dimensity 9400 SoC Launched in India: Price, Specifications Oppo Find X8 series was launched in India on Thursday as the first smartphones with MediaTek’s Dimensity 9400 chipset to debut in the country. The lineup comprises the Oppo Find X8 and Oppo Find X8 Pro, and both models are equipped with up to four 50-megapixel Hasselblad-tuned cameras. The Oppo Find X8 series runs on Android 15, along with the company’s ColorOS 15 skin. The standard model is equipped with a 5,630mAh battery, while the ‘Pro’ model packs a larger 5,910mAh battery. Oppo Find X8, Oppo Find X8 Pro Price in India and Availability Oppo Find X8 price in India starts at Rs. 69,999 for the base model with 12GB of RAM and 256GB of storage, while a 16GB+512GB model is priced at Rs. 79,999. It is available in Space ****** and Star Grey colour options. In India, the Oppo Find X8 Pro is available in a single RAM and storage configuration priced at Rs. 99,999. The handset will be sold in Pearl White and Space ****** colourways. Customers will be able to purchase the Oppo Find X8 and Oppo Find X8 Pro starting on December 3 via the Oppo e-store, Flipkart, and retail outlets in the country. Oppo Find X8 Specifications, Features Both the Oppo Find X8 and Find X8 Pro run on Android 15-based ColorOS 15 and support dual-SIM (Nano+Nano) connectivity. The former features a 6.59-inch (1,256×2,760 pixels) LTPO AMOLED screen that refreshes at 120Hz and has a peak brightness of 4,500nits and a 460ppi pixel density. The Pro model has a 6.78-inch (1,264×2,780 pixels) LTPO AMOLED screen with a pixel density of 450ppi and the same refresh rate and peak brightness level as the standard model. These are the first smartphones in India to be equipped with MediaTek’s octa-core Dimensity 99400 chip, which is built on TSMC’s 3nm process technology. Both models are available with up to 16GB of LPDDR5X RAM, and up to 512GB of UFS 4.0 inbuilt storage. The Oppo Find X8 is equipped with a 50-megapixel primary camera with a Sony LTY-700 sensor (f/1.8), a 50-megapixel ultrawide camera with a 120-degree field-of-view (f/2.0), and a 50-megapixel Sony LYT-600 periscope telephoto camera with 3x optical zoom and an f/2.6 aperture. It is equipped with a 32-megapixel front facing selfie camera that is also available on the Find X8 Pro model. On the other hand, the Oppo Find X8 Pro features a 50-megapixel primary camera with a LYT-808 sensor (f/1.6), a 50-megapixel ultrawide camera with a 120-degree field-of-view (f/2.0), a 50-megapixel Sony LYT-600 periscope telephoto camera with 3x optical zoom (f/2.6), and a 50-megapixel Sony IMX858 periscope telephoto camera with up to 6x optical zoom (f/4.3). Both the Oppo Find X8 and Find X8 Pro offer support for 5G, 4G LTE, Wi-Fi 7, Bluetooth 5.4, NFC, and GPS connectivity. They are equipped with a USB Type-C port, but the Pro model supports faster USB 3.1 connectivity. The handsets also feature an infrared (IR) transmitter that can be used to control household appliances. Both models have an accelerometer, gyroscope, magnetometer, ambient light sensor, proximity sensor, and an optical fingerprint scanner for biometric authentication. Oppo has equipped the Find X8 with a 5,630mAh silicon carbon battery that can be charged at 80W (SuperVOOC) and 50W (AirVOOC), while the Find X8 Pro has a ******* 5,910mAh battery that supports the same charging speeds. They also offer 10W reverse wireless charging support. The Find X8 series is equipped with a tri-state alert slider and has IP68/ IP69 ratings for dust and water resistance. Source link #Oppo #Find #Find #Pro #Hasselblad #Camera #System #Dimensity #SoC #Launched #India #Price #Specifications Pelican News View the full article at [Hidden Content]

Nvidia’s Earnings Were Likely Not Good Enough to Sustain an Overextended Market Nvidia’s Earnings Were Likely Not Good Enough to Sustain an Overextended Market Nvidia (NASDAQ:) reported its , and surprisingly, the company posted revenue of $35 billion and projected future revenue at $37.5 billion. They continue to follow the revenue and guidance pattern observed in the past.(Data From BLOOMBERG) The one deviation this quarter was the guidance, which was $5 billion higher than usual, a slight increase from last quarter’s $4.5 billion. This also marks the first quarter with the Blackwell GPU included. My concern with this guidance is the apparent shift in revenue away from the Hopper segment. Given what we’ve observed, these results were unsurprising and somewhat predictably consistent.(Data From BLOOMBERG) For now, the stock is trading at around $144, but if it fails to surpass $155 tomorrow, a significant amount of stock could be put up for *****. This is because all those calls at the $150 and $155 strike prices will lose much of their premium as implied volatility (IV) sharply decreases. The $150 calls, trading at $4.55, mean that anyone who bought these calls today for the earnings will need the stock to trade above $154.55 tomorrow to begin seeing a profit.(BLOOMBERG) So, at least at this point, the rising wedge pattern in Nvidia is still intact and could break lower tomorrow based on how the options market flows. Finally, the 2-year inflation swap reached a breakout, rising to 2.7%—its highest level since March 2023. With the swap moving upward out of its range, I expect bond yields to follow suit.(BLOOMBERG) Original Post Source link #Nvidias #Earnings #Good #Sustain #Overextended #Market Pelican News View the full article at [Hidden Content]

Jacksonville plant that’s made millions of bottles for Anheuser-Busch will close Jacksonville plant that’s made millions of bottles for Anheuser-Busch will close The Anchor Glass Container Corp. manufacturing plant on Huron Street is heading toward closure, ending a century-long run of glass bottle-making at the location under different company names. The shuttering of the only remaining glass bottle manufacturing plant in Florida will affect employment of 144 people at the plant located at 2121 Huron St. in Northwest Jacksonville. The plant has made bottles for the Anheuser-Busch plant on the Northside. It is one of six bottle-making plants operated nationwide by Anchor Glass. “Changing business needs require us to close this facility,” Anchor Glass wrote Monday in a letter to Mayor Donna Deegan and City Council President ****** White. Leon Haley memorial: Friends’ fishing trip led to new UF Health Jacksonville trauma center Four Seasons: Will Shad Khan’s Four Seasons rival the grand hotels of Jacksonville’s past The company sent the letter to city leaders as part of the Worker Adjustment and Retraining Notification program, known as WARN for short. The letter says the official closure of the plant will occur in February. Anchor Glass Container, headquartered in Tampa, has plants in Georgia, Oklahoma, Indiana, New York and Minnesota. First Coast Manufacturers Association President Lake Ray said the Anchor Glass plant in Jacksonville supplied glass bottles for a number of other businesses over the years but the use of plastic and metal for containers squeezed the demand for glass bottles. He said plants that make glass bottles have been adding advanced manufacturing equipment to increase productivity. “It’s disappointing,” he said. of the Jacksonville plant’s closure. “I certainly hate to see it but it’s just representative of where technology and where the change in materials are taking us.” (This story was updated to add new information.) “ This article originally appeared on Florida Times-Union: Anchor Glass will shut its Jacksonville bottle-making plant Source link #Jacksonville #plant #millions #bottles #AnheuserBusch #close Pelican News View the full article at [Hidden Content]

Las Vegas Grand Prix: George Russell says F1 drivers ‘fed up’ with FIA leadership Las Vegas Grand Prix: George Russell says F1 drivers ‘fed up’ with FIA leadership Russell’s comments come at a turbulent time in the relationship between the drivers and the FIA. Since the last race in Brazil, the GPDA put out an open letter asking the FIA to treat them “like adults”, after a controversy over drivers swearing in news conferences. The letter also made a reference to a lack of transparency over how money for fines for driving transgressions was being used. Wittich’s departure followed a few days later, and shortly after that it emerged that the FIA compliance officer Paolo Basarri had also been sacked. Russell said: “Talking as a fellow driver as opposed to my role with the GPDA, everybody felt with certain things that have happened that we wanted to stand *******. “At the end of the day we just want to be transparent with the FIA and have this dialogue. “And the departure of Niels is a prime example of not being part of these conversations. (The letter) is kind of us putting the pressure back on them.” Russell admitted that the drivers were not fully content with some aspects of Wittich’s work since he became race director at the start of the 2022 season. The ******* has been replaced by ex-Formula 2 and Formula 3 race director Rui Marques for the final three races of the season, starting in Las Vegas this weekend. He said: “There is no secret that some were not happy with what was going on in terms of the decisions that were being made, but he worked together with us and we could have helped improve the matter. “Sometimes just hiring and ******* is not the solution. Let’s see what this new era brings, but every time you make a change you have to make one step back before you take two steps forward.” McLaren driver Lando Norris said: “I don’t know what’s going on there. Obviously things are not running as smoothly as we would want.” Haas driver Kevin Magnussen echoed Russell’s comments, saying that the drivers felt ignored compared with the days of the former FIA F1 director Charlie Whiting, who ***** on the eve of the 2019 season. “I compare with the Charlie Whiting days,” Magnussen said. “He was someone we felt really connected to and we were really being listened to, but now we feel it’s more us against them and it should be a closer connection. We can help a lot.” Source link #Las #Vegas #Grand #Prix #George #Russell #drivers #fed #FIA #leadership Pelican News View the full article at [Hidden Content]

Get 20 percent off Ooni pizza ovens for ****** Friday Get 20 percent off Ooni pizza ovens for ****** Friday Ooni is discounting all of its ovens and accessories by 20 percent as part of a ****** Friday deal. This sweeping ***** means you can snag one of our two top choices for a home pizza oven. If you’re looking to splurge, the Ooni Karu 16 Multi-Fuel pizza oven is available for $519, down from its typical price tag of $799. We appreciate that this model can use wood, charcoal or gas to sizzle up your slices, plus it has a built-in digital thermometer and can fit up to a 16-inch pie. Ooni Get this versatile pizza oven for 20 percent off. $519 at Ooni If you’d rather not prep your pizza in the great outdoors, then the Ooni Volt 12 Electric pizza oven might be more your speed. It’s on ***** for $719 instead of the usual $899. This is our top choice this year for an indoor pizza oven thanks to its quick heating and flexibility for fitting pans or other baked items into its 13-inch interior. It’s also flexible on location, since the weather-resistant materials mean it can be used outside too. At the scorching temperatures needed for good pie, you don’t want to mess around with the wrong gear. Since Ooni is also cutting the prices on accessories, this is a good time to stock up on other essential tools, like a baking stone or pizza peel. And if you need the ingredients to kick off your pizza journey, Ooni is also taking 20 percent off orders of its dough and up to 50 percent off other grocery items. The ****** Friday offer for Ooni goods will be available from today through 11:59 pm local time on December 2. Ooni Take 20 percent off this indoor-outdoor electric model. $719 at Ooni Check out all of the latest ****** Friday and Cyber Monday deals here. Source link #percent #Ooni #pizza #ovens #****** #Friday Pelican News View the full article at [Hidden Content]

DOJ pushes for Google to break off Chrome browser after antitrust case DOJ pushes for Google to break off Chrome browser after antitrust case U.S. Assistant Attorney General Jonathan Kanter speaks about the antitrust lawsuit against Live Nation Entertainment during a press conference as Attorney General Merrick Garland and Deputy Attorney General Lisa O. Monaco look on during a press conference at the Department of Justice in Washington, U.S., May 23, 2024. REUTERS/Ken Cedeno Ken Cedeno | Reuters The Department of Justice is calling for Google to divest its Chrome browser, following a ruling in August that the company holds a monopoly in the search market. Chrome, which Google launched in 2008, provides the search giant with data it then uses for targeting ads. The DOJ said in a filing on Wednesday that forcing the company to get rid of Chrome would create a more equal playing field for search competitors. “To remedy these harms, the [Initial Proposed Final Judgment] requires Google to divest Chrome, which will permanently stop Google’s control of this critical search access point and allow rival search engines the ability to access the browser that for many users is a gateway to the internet,” the 23-page filing reads. Additionally, the DOJ said that Google be prevented from entering into exclusionary agreements with third parties like Apple and Samsung. The DOJ also said that Google be prohibited from giving its search service preference within its other products. The DOJ also said that remedies should prevent Google from eliminating “emerging competitive threats through acquisitions, ********* investments, or partnerships.” The DOJ said that the “proposed remedies run for a ******* of 10 years.” The filing also says the search company should be required to provide a technical committee with a monthly report outlining any changes to its search text ads auction. “The proposed remedies are designed to end Google’s unlawful practices and open up the market for rivals and new entrants to emerge,” the filing reads. Search advertising accounted for $49.4 billion in revenue in parent company Alphabet’s third quarter, representing three-quarters of total ad sales in the *******. The DOJ’s request represents the agency’s most aggressive attempt to break up a tech company since its antitrust case against Microsoft, which reached a settlement in 2001. In addition to its call for Google to divest Chrome, the DOJ said forcing the search company to divest its Android mobile operating system would also aid in restoring competition, “but Plaintiffs recognize that such divestiture may draw significant objections from Google or other market participants.” Instead, the DOJ suggested that the other remedies should be enough to “blunt Google’s ability to use its control of the Android ecosystem to favor its general search services,” and if they “ultimately fail to achieve the high standards for meaningful relief in these critical markets, the Court could require return to” the Android divestiture suggestion. In August, a federal judge ruled that Google holds a monopoly in the search market. The ruling came after the government in 2020 filed its landmark case, alleging that Google controlled the general search market by creating strong barriers to entry and a feedback loop that sustained its dominance. The court found that Google violated Section 2 of the Sherman Act, which outlaws monopolies. Last month, the DOJ indicated it was considering a breakup of Google businesses, including potentially breaking up its Chrome, Play or Android divisions. Additionally, the DOJ suggested limiting or prohibiting default agreements and “other revenue-sharing arrangements related to search and search-related products.” That would include Google’s search arrangements with Apple on the iPhone and Samsung on its mobiles devices, deals that cost the company billions of dollars a year in payouts. Google has said it will appeal the monopoly ruling, which would draw out any final remedy decisions. However, the most likely outcome, according to some legal experts, is that the court will ask Google to do away with certain exclusive agreements, like its deal with Apple. While a breakup is an unlikely outcome, the experts said, the court may ask Google to make it easier for users to access other search engines. WATCH: What DOJ’s focus on Google means for the tech company Source link #DOJ #pushes #Google #break #Chrome #browser #antitrust #case Pelican News View the full article at [Hidden Content]

PlayStation Portal Update Introduces Cloud-Streaming Beta PlayStation Portal Update Introduces Cloud-Streaming Beta The latest update for the PlayStation Portal is introducing a highly requested feature for the handheld remote play device: cloud streaming without using a home console. The feature launches in beta this week, allowing PlayStation Plus Premium subscribers to stream select PS Plus games directly from the cloud. The addition of cloud streaming is set to be a major upgrade for the handheld PlayStation device, which currently uses a remote-play system requiring a strong internet connection from both the Portal and the PS5 it’s playing off. With cloud streaming, PS Plus Premium subscribers will be able to use the Portal to stream PS5 games, even without a PS5 console, similarly to how Xbox Cloud Gaming works for Game Pass Ultimate subscribers. You need a javascript enabled browser to watch videos. Size:640 × 360480 × 270 Want us to remember this setting for all your devices? Sign up or Sign in now! Please use a html5 video capable browser to watch videos. This video has an invalid file format. Sorry, but you can’t access this content! Please enter your date of birth to view this video JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember12345678910111213141516171819202122232425262728293031Year20242023202220212020201920182017201620152014201320122011201020092008200720062005200420032002200120001999199819971996199519941993199219911990198919881987198619851984198319821981198019791978197719761975197419731972197119701969196819671966196519641963196219611960195919581957195619551954195319521951195019491948194719461945194419431942194119401939193819371936193519341933193219311930192919281927192619251924192319221921192019191918191719161915191419131912191119101909190819071906190519041903190219011900 By clicking ‘enter’, you agree to GameSpot’s Terms of Use and Privacy Policy enter Now Playing: PlayStation Portal Remote Player – Pre-Order Trailer The beta includes support for select PS5 games in the PS Plus game catalog, including Dave the Diver, Ghost of Tsushima, Marvel’s Spider-Man: Miles Morales, Monster Hunter Rise, and Ratchet & Clank: Rift Apart, among others. The beta doesn’t currently allow for streaming games that have been purchased off the PS Store. Players will be able to stream up to 1080p/60fps, with a 1080p stream requiring minimum 13 Mbps, and 720p requiring at least 7 Mbps. The cloud streaming beta is opt-in, and interested players with an active PS Plus Premium subscription can enable it under “Cloud Streaming (Beta)” in the setting menu of their Portal device. “PS Portal was an ambitious product for us, and we have been delighted by the positive response from our fans and to see that our vision has resonated with the community,” Sony said in the PlayStation Blog post about the new update. The device has been popular in its first year of release, with stock often hard to come by, though it appears to be a little easier to get your hands on now. Source link #PlayStation #Portal #Update #Introduces #CloudStreaming #Beta Pelican News View the full article at [Hidden Content]