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Pelican Press

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  1. Tesla: Why Analysts Think It Could Jump Another 47% Tesla: Why Analysts Think It Could Jump Another 47% Shares of Tesla (NASDAQ:) Inc. opened just over $350 on Tuesday and started up after the long Memorial Day weekend with some seriously strong momentum. The stock is now up over 55% from its April low, with the last two weeks marked by tight consolidation and base building — the kind of setup technical traders love heading into a potential breakout. Now, a powerful new endorsement is adding fuel to the fire. Late last week, Wedbush analyst Dan Ives reiterated his Outperform rating and raised his price target from $350 to $500, a rare 42% single-shot increase. That implies an almost 50% upside from current levels and would mark a fresh all-time high for the stock. Autonomous Ambitions Drive the Bull Case Ives is among the most bullish voices on Wall Street when it comes to Tesla’s long-term potential, particularly as it relates to artificial intelligence and autonomous driving. He argues that the company is on the cusp of a new growth era, with AI at the heart of it. In his view, the upcoming launch of Tesla’s robotaxi platform could be the unlock that reframes the entire valuation. “We believe Tesla remains the most undervalued AI play in the market today,” Ives wrote, calling the coming quarters the start of a golden age for autonomy. He also believes regulatory support under a Trump administration could fast-track approval of key initiatives, helping Tesla overcome some of the friction that has slowed its autonomous push to date. In his latest note, Ives said the AI and autonomy opportunity alone could be worth $1 trillion — enough to justify a path toward a $2 trillion valuation by the end of 2026. While that projection may sound aggressive, it reflects a growing belief among bulls that Tesla is more than just a car company. It’s now being grouped alongside tech giants like NVIDIA (NASDAQ:) and Microsoft (NASDAQ:) as one of the best long-term AI plays on the board. Musk’s Media Blitz Reinforces the Vision The latest surge in sentiment also follows Elon Musk’s high-profile interview with CNBC, where he doubled down on Tesla’s ambitions across autonomy, humanoid robotics, and artificial intelligence. Musk confirmed that a significant portion of Tesla’s future growth will hinge on software, particularly in the form of Full Self-Driving and AI agent development. That messaging appears to have resonated with institutional investors, particularly as Tesla reclaims the narrative around its strategic vision after a rocky start to the year. Musk also pledged to reduce his time spent on government duties by the end of May, clarifying that his commitment to Tesla remains intact despite ongoing involvement with the Department of Government Efficiency. Some Risks Remain for Tesla That said, not everyone is convinced the rally can last. While the U.S. narrative is heating up, Tesla’s grip on the European EV market is slipping fast. In April, the company sold just 7,261 vehicles across the region, a 49% year-over-year decline, even as the broader EV sector grew more than 34%. Year-to-date, Tesla’s European sales have dropped nearly 40%, underscoring the severity of the trend. Political tensions aren’t helping. Musk’s alignment with former President Trump and his expanded political role has sparked protests at Tesla dealerships in multiple countries. Brand perception is deteriorating in key European markets, and competition is intensifying. ******** automaker BYD (SZ:) recently overtook Tesla in European EV sales, while legacy manufacturers like Volkswagen (ETR:) and Mercedes are gaining ground with refreshed lineups and aggressive pricing. Product fatigue is also said to be creeping in. While a refreshed Model Y has helped stabilize volumes, Tesla has not yet unveiled a new mass-market vehicle — something analysts increasingly cite as critical for driving new growth in the face of stiffening competition. Can the Momentum Offset Global Concerns? Tesla is a stock with two stories right now. In the U.S., it is regaining momentum thanks to a powerful AI narrative, bullish price targets, and improving sentiment. But globally, especially in Europe, the company faces real friction. Whether the next leg higher materializes quickly will likely depend on upcoming developments in autonomy, especially any updates tied to the Robotaxi platform in June. If that narrative takes hold, Tesla could continue to defy the skeptics and move closer to Wedbush’s $500 target. Original Post Source link #Tesla #Analysts #Jump Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]
  2. England v West Indies: Jamie Smith to open in first ODI at Edgbaston England v West Indies: Jamie Smith to open in first ODI at Edgbaston Buttler, who resigned as captain in February following a wretched 18-month run of results, will keep wicket and bats at number five. On Buttler, arguably England’s greatest white-ball batter of all-time, being freed of the captaincy, Brook said: “That weight will be lifted off his shoulders. “He’s the best white-ball player in the world. He can just go out there and showcase his skills.” Under Buttler, England won the T20 World Cup in 2022, then endured awful campaigns at the 2023 World Cup, 2024 T20 World Cup and the Champions Trophy. England have lost their past seven ODIs. “It’s a new era now; new leadership,” said Brook. “Hopefully we can bring a lot of energy, competitiveness and a lot of fun out there. “We’ll try to engage the crowd as much as we can and try to get some wins under our belt.” England’s poor run has left them in danger of missing out on automatic qualification for the 2027 World Cup. Brook’s side are likely to need a place in the top nine of the world rankings in March 2027 in order to avoid going through a qualifying tournament. They begin this three-match series in eighth, one place ahead of West Indies. The Windies, who did not qualify for the most recent World Cup, drew a three-match series in Ireland 1-1 last week. “It’s a fresh start and a different series,” said West Indies captain Shai Hope. “World Cup qualification is our main goal, but we can’t get to 2027 without ticking each box.” Bethell returns to international cricket after missing the Champions Trophy through injury and skipping England’s Test victory against Zimbabwe because of his IPL commitments. The 21-year-old, who will line up on his home ground for Warwickshire, was born in Barbados and caught the attention of Hope as a teenager. “I saw him during his under-15 stint. He always looked like a quality player,” said Hope. “Seeing what he’s done, he’s certainly a formidable talent. He can go a very long way. “I’m happy for him, but we’re enemies this time.” Source link #England #West #Indies #Jamie #Smith #open #ODI #Edgbaston Pelican News View the full article at [Hidden Content]
  3. The Last Of Us Showrunners Say “Entire Concept” Of Heroes And Villains Is Flawed The Last Of Us Showrunners Say “Entire Concept” Of Heroes And Villains Is Flawed The Last of Us Part II prepared players for the dark journey of Ellie (Bella Ramsey) in The Last of Us Season 2. Casual fans may not have been ready for the choices Ellie made in the Season 2 finale or the way her confrontation with Abby (Kaitlyn Dever) played out. But if you’re still thinking of those two as the hero and villain of the story, showrunners Craig Mazin and Neil Druckmann have explained why the entire concept behind that is flawed. Warning: There are spoilers ahead for The Last of Us Season 2 finale! “The point of this story–and this is looked at from so many different angles in so many different ways–is that the entire concept of protagonist is flawed,” explained Mazin via The Hollywood Reporter. “The entire concept of villain is flawed. Our way of processing the world through heroes and villains is a mistake. It ends up creating these barriers between people that shouldn’t be there. It ends up giving ourselves justifications and conveniences for bad behavior, and it ends up allowing us to judge others summarily for things that we don’t quite understand the motivation behind it. We know this is a challenging thing to keep track of emotionally. We understand people are going to be provoked. But part of this story is about examining why we’re so comfortable with following one person’s point of view about everything.” As signaled in the closing minutes of the season, Abby’s perspective comes to the forefront in Season 3. And as far as the showrunners are concerned, Abby is still the hero from her point of view. “Abby is the hero of her story,” noted Mazin “Wherever we go next, we’ll always be centering on somebody, whether it’s Ellie and Dina, or Abby and Owen… [But] everything is under the cloud or sunlight of Joel–what Joel did to Abby and what Abby did to Joel.” During the same press conference referenced above, Mazin and Druckmann explained why Ellie didn’t kill one minor character from the show who was important to Abby. However, Ellie did kill two other characters who were close to Abby, which fueled the latter’s rage in the closing minutes. Since Season 3 is Abby’s story, some of the dead characters in the Season 2 finale will likely return as her journey unfolds from the show’s recent past to the present. The showrunners made it pretty clear that Ramsey will be back as Ellie despite the immediate danger to her character. But they left it open-ended about how often Ramsey will appear while the spotlight is on Abby. HBO has already renewed The Last of Us for a third season, but the fourth season hasn’t been ordered yet. For now, there’s no word as to when The Last of Us Season 3 will begin production. Source link #Showrunners #Entire #Concept #Heroes #Villains #Flawed Pelican News View the full article at [Hidden Content]
  4. ChatGPT can write like you – here’s how you can get AI to match your style and tone ChatGPT can write like you – here’s how you can get AI to match your style and tone If you’ve ever asked ChatGPT to help write, edit or proofread something – like an email, a blog post or a newsletter intro – you might’ve noticed it sometimes veers into a tone that feels a little… off. Maybe it’s too enthusiastic, too formal or just not you. That’s expected. ChatGPT might be clever, but it’s not a mind reader (at least, not yet). It doesn’t instinctively know how you write or how your tone changes depending on what you’re working on. The good news is that you can guide ChatGPT to sound a little more like you with no coding or technical know-how required, just smart prompting and making use of some simple built-in features for longer-term preferences. Of course, there are advanced methods (and plenty of people who can talk about this for hours). But this is a beginner’s guide, designed to help you shape ChatGPT’s responses so they reflect your tone and voice more accurately. The goal is to make ChatGPT feel less like a corporate intern and more like a creative sidekick who actually gets you. Start by defining your voice Before you can teach ChatGPT to write like you, you need to understand what that means. That might sound obvious, but most people haven’t clearly defined their voice, especially if writing is just part of their job. Are you funny, direct, warm, poetic? Do you use short, punchy sentences or long, winding ones full of metaphors? Do you swear? Use emoji? Write how you talk? Pick a few examples of your own writing – newsletter intros, blog posts, Instagram captions, even Slack messages. Read them aloud. What patterns do you notice? Look for rhythm, word choice and mood. That’s your voice, and it’s what you’re going to teach ChatGPT. Most of us don’t have just one writing style. You can tailor ChatGPT’s tone depending on the task or establish a general base style and tweak from there. Writing “like you” might look different depending on the project, platform or day. The point is to start with some clarity. Sign up for breaking news, reviews, opinion, top tech deals, and more. Show ChatGPT your writing Once you’ve identified how you write, it’s time to show ChatGPT. You don’t need to upload anything fancy, just start a chat and say something like: “Here are three examples of my writing. Please analyze my tone, sentence structure and word choice. I’d like you to write like this moving forward.” Then paste in your samples. You could follow up with: “Can you describe my writing style in a few bullet points?” Even if you don’t use the bullet points directly, this step ensures you and ChatGPT are aligned. You want it to understand your tone of voice before trying to replicate it – especially if your style varies across platforms. The more representative your samples are the better. Include a mix of emails, social posts, articles – whatever best captures how you actually write. Use simple prompts to shape ChatGPT’s tone Once ChatGPT has seen how you write and you’ve got a shared understanding of what your voice actually is, you can start prompting it to write more like you. The trick is to be clear and specific. Instead of saying: “Write this in my style”, try something like: “Rewrite this paragraph using my tone – friendly and expert, like the writing sample below.” Or: “Avoid sounding corporate. Use conversational language, contractions and varied sentence lengths.” It might take a few rounds to get it right. Like any collaboration, it should get smoother over time. And if a prompt works really well, save it and you can reuse it in future chats. Make the most of memory and custom instructions Go to Settings > Personalization > Custom Instructions to tell ChatGPT how you want it to write (Image credit: Future) You can tell ChatGPT core details about yourself and specify which traits you want it to use in its responses, including your preferred tone of voice. To enable this, go to Settings > Personalization > Custom Instructions and fill in your preferences. You could write something like: “I prefer short, conversational sentences with a warm, curious tone. I use American English, enjoy dry humor and avoid corporate jargon. I sometimes use emojis.” Once you’ve saved your custom instructions, ChatGPT will use them automatically every time it replies unless you ask it to do something different. It can also store important information about your tone and preferences in its memory. Both free and paid users now have access to “saved memories,” but paid users get a more persistent and comprehensive memory feature. Free users’ saved memories are more limited and do not include chat history referencing. To use memory, turn on the feature in your settings. You can ask ChatGPT things like, “Please remember, I always like writing in a formal tone,” and it should confirm with “updated saved memory.” You can review, update, or delete what ChatGPT remembers at any time. Go to: Settings > Personalization > Memory > Manage Memories. If you’re a paid user, expect ChatGPT to remember more about you and your style across chats. If you’re a free user, you may need to remind ChatGPT of your preferences more often. ChatGPT will display a little tag like this, saying “Updated saved memory”, when it has saved something to its memory about you. (Image credit: Future) Test, tweak and give feedback Writing is a process, even with AI. If something doesn’t sound right, just say so, like: “Use fewer filler words. Make it punchier.” You can even ask why ChatGPT made certain choices. It should be able to give you an insight into how it interpreted your style and help you to clarify anything further. Over time, this back and forth should become easier. Remember: ChatGPT doesn’t have to write everything for you ChatGPT isn’t a perfect mimic. And there’s much more to how you write and think than a few instructions anyway. But with a few samples, clear prompts and some patience, you can guide ChatGPT into becoming a powerful writing partner. That said, you don’t have to use it for everything. Some people want their AI assistant to match their voice exactly. Others use it as a brainstorming partner to get rough drafts out fast, then do the bulk of the writing and editing themselves. There’s no one “right” way to use it. The best approach is the one that works for you. In fact, most people I know who get the most out of ChatGPT don’t expect it to write perfectly. They use it to save time, organize thoughts and get unstuck. They then bring their own writing skills and personality to the final draft. You might also like… Source link #ChatGPT #write #heres #match #style #tone Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]
  5. 3 Beaten-Down Stocks Trading 50% Below Their 52-Week Highs 3 Beaten-Down Stocks Trading 50% Below Their 52-Week Highs Over the last several months, many stocks that were once among the market’s most prized darlings have taken significant hits. Various circumstances and events, like DeepSeek, trade wars, and rising valuation concerns, have led to these big drawdowns. In 2025, the market has hit the technology and consumer discretionary sectors particularly hard. Both rank in the bottom three in sector performance as of the May 23 close. Unsurprisingly, two of the names on this list of once-soaring stocks that are down 50% or more from their 52-week highs are in these sectors. The other is a once red-hot communication services stock that has significant tech and consumer discretionary drivers. Below are the details on these three names looking to return to their former glory. Unless otherwise indicated, all data points use information as of the May 23 close. 1. Could Marvell’s Broadcom-Like Recovery Be Coming? First up is the AI-driven chip stock Marvell Technology Inc (NASDAQ:). Marvell is often compared to its massively larger rival, Broadcom (NASDAQ:). This is because both companies are deeply involved in the custom semiconductor space. They design chips that help meet very specific needs for a particular customer. Marvell reached its all-time high on Jan. 23, 2025. From the beginning of 2023 to that point, Marvell shares provided a staggering total return of around 243%. However, things took a turn for the worse soon after. Marvell shares dropped over 19% in one day on Jan. 27 in reaction to the DeepSeek revelations coming out of China. Generalized market fears and trade war escalation set the stock on a nearly straight down path once February began. Now, Marvell shares are down approximately 52% from their 52-week high. Marvell’s forward price-to-earnings (P/E) ratio has more than halved, dropping from nearly 49x to just under 22x. This figure now sits very solidly below Broadcom’s 33x, after being significantly higher than Broadcom’s forward P/E prior. Marvell shares have yet to recover robustly like Broadcom. So far during Q2, Marvell shares are down slightly, while Broadcom’s are up nearly 37%. This sets up the potential for Marvell to outperform Broadcom going forward. 2. Reddit Is Down Over 55% After Incredible Post-IPO Run Next up is the communications stock that somewhat sits between sectors, Reddit Inc (NYSE:). Its users, who are consumers, drive the platform, and it leverages technology to monetize their engagement. During 2024, Reddit was among the most high-flying stocks in the market. After the firm’s initial public offering (IPO) in May 2024, the stock reached an all-time high on Feb. 10, 2025. Over that *******, the stock rose by over 340%. However, since that high, shares are down by 56%. The stock really started to slide just days after due to reporting slower-than-expected user growth in Q4 2024. For stocks that have appreciated so much in such little time, missing these estimates can create huge downward momentum. Changes to Google (NASDAQ:) parent company Alphabet’s search algorithm and added AI search features have also raised significant concerns that less traffic will go to Reddit in the future. Still, analysts see significant upside in Reddit shares. Among those tracked by MarketBeat that updated their price targets in May, the average target is around $150. This indicates about 49% upside in shares. 3. Analysts Warm Up to CAVA, See +40% Upside Last up is CAVA Group Inc (NYSE:). Since going public in June 2023, CAVA rose to an all-time high of over $173, gaining approximately 312%. CAVA reached this high during intraday trading on Nov. 13, although the stock closed at around $147 that day. Still, from that intraday high, shares of CAVA are down nearly 52%. Analysts issued multiple substantial downgrades that hit the stock hard in February after it reported Q4 2024 results, causing shares to drop big-time. Macroeconomic and consumer spending fears have also weighed on the stock. The company’s Q2 results, reported on May 15, seem to have inspired more confidence on Wall Street. Several analysts raised their price targets afterward. The average of these new targets sits just under $118, implying 41% upside in shares. Overall, the huge decline in these stocks indicates that there could be substantial room for recovery going forward. Marvell’s lack of recovery compared to Broadcom is particularly interesting. The company’s May 29 earnings release allows it to follow in Broadcom’s footsteps and prove its business remains strong. Still, the company must deliver impressive results and commentary to stop its slide. Original Post Source link #BeatenDown #Stocks #Trading #52Week #Highs Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]
  6. Up Late: A broken heart can make you do crazy things Up Late: A broken heart can make you do crazy things In tonight’s show, Ben Harvey explains how the Nationals appear to have the upper hand in the rekindled relationship, which resembles a married couple that hate each other but can’t divorce because of the kids. Source link #Late #broken #heart #crazy Pelican News View the full article at [Hidden Content]
  7. Soul Huntress is a roguelike dungeon-crawler with shapeshifting demons, now open for pre-registration Soul Huntress is a roguelike dungeon-crawler with shapeshifting demons, now open for pre-registration Play as a Shape Hunter and find out who’s real and who’s a Shaper It offers procedurally generated levels with changing enemy layouts and lots of loot Endgame content includes an Apocalypse Mode and Endless Dungeon Challenges Soul Huntress drops you into a kingdom on the brink. The land of Brynn is under siege by shapeshifting creatures known as Shapers, monsters that steal memories, replace people, and spread distrust from within. If you’re into Marvel, it’s kinda like Secret Invasion. In Soul Huntress, you play as a Shape Hunter, and it’s your job to uncover who’s real, who’s already been taken, and how to stop the Alpha Shaper before it’s too late. That means descending into deadly dungeons, battling monsters, and piecing together the truth one brutal fight at a time. This mobile roguelike throws you into fluid real-time combat with melee, ranged, and magical weapons. Procedurally generated levels, traps, and shifting enemy layouts should keep every run unpredictable, and the loot you find can be used to enchant gear and shape your build into something truly fearsome. Beyond the campaign, Soul Huntress packs in some serious endgame content. Apocalypse Mode ramps up the difficulty with brutal modifiers, while Endless Dungeon challenges your stamina and strategy across tiered difficulty levels. You’ll need to tweak your builds, test your gear, and learn how to survive encounters where a single mistake could be the end. And with a world steeped in dark fantasy and twist-heavy lore, there’s plenty to keep you guessing between the battles. While you wait, check out this list of the best roguelikes to play on iOS right now! For those curious about how it all plays before launch, Catherine’s actually covered Soul Huntress in our Ahead of the Game series. The roguelike is currently in open beta in select regions on Android, giving you a solid glimpse into the action even before the full release. If you’re into roguelikes with enemies who can literally become your worst nightmare, pre-register for Soul Huntress by clicking on your preferred link below. You can also join the community of followers on Facebook to stay updated about the latest developments! Source link #Soul #Huntress #roguelike #dungeoncrawler #shapeshifting #demons #open #preregistration Pelican News View the full article at [Hidden Content]
  8. Joby Aviation shares pop after closing $250 million Toyota investment Joby Aviation shares pop after closing $250 million Toyota investment Attendees view a Joby Aviation electric vertical take-off and landing (eVTOL) aircraft during an event at Edwards Air Force Base in Edwards, California, US, on Monday, Sept. 25, 2023. Air taxi start-up Joby Aviation Inc. today announced it has delivered its first eVTOL to the US Air Force. Bloomberg | Bloomberg | Getty Images Joby Aviation shares jumped 13% Wednesday after the maker of electric air taxis said it received $250 million from Toyota. The payment is part of a previously announced deal from the carmaker to invest $500 million in the company to support certification and commercial production of its electric air taxis. Toyota announced the deal in October. “We’re already seeing the benefit of working with Toyota in streamlining manufacturing processes and optimizing design,” said CEO and founder JoeBen Bevirt in a release late Tuesday. “This is an important next step in our alliance with Toyota to scale the promise of electric flight.” Joby also added that the deal reinforces the “mutual commitment to deepening integration and delivering next generation travel to global market.” Joby makes electric vertical takeoff and landing aircrafts (eVTOL) which take off and land like helicopters. Developers say the technology can be used to reduce traffic congestion and emissions. United Airlines has partnered with competitor Archer Aviation to launch an airport air taxi service. Toyota invested $394 million in Joby in 2020. WATCH: eVTOLS: Are flying cars finally becoming reality? Source link #Joby #Aviation #shares #pop #closing #million #Toyota #investment Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]
  9. How Nvidia has powered the S&P 500: Chart of the Day How Nvidia has powered the S&P 500: Chart of the Day 00:00:00 Speaker A Nvidia’s had a growing impact on the S&P 500 and the S&P 500 gains. So we posed that question earlier today to Dave Mozza, the CEO over at Roundtable Investments to ask him just how much are this round of Nvidia earnings is going to matter for the S&P 500. I want to take a look at what he had to say. 00:00:23 Dave Mozza We know Nvidia due it, due to its size and scale and the broader markets and major indices and ETFs what have you, uh, is incredibly important. And but it’s incredibly important not, not just because it’s impact, it’s revenue and earnings has, uh, on broader indices, but actually it’s sort of tip of the spear for this whole AI revolution. 00:01:01 Speaker A So Mozza mentioning how important Nvidia’s been, calling it the tip of the spear for the AI revolution, but in our chart of the day, what we’re looking at here is simply how much Nvidia itself, that one stock has meant for S&P 500 gains. We’re looking at gains in the S&P 500 since November 30th, 2022. That was when Chat GPT launched and the overall kickoff of that AI *****. You can see here Nvidia has accounted for 17.21% of the S&P 500’s total gains over that time *******. That means that the 499 companies in the S&P index, the other 499 have accounted for just 82.8. So essentially saying that Nvidia itself was worth almost a fifth of the S&P 500 gains in that two and a half year *******. That is why heading into earnings, Nvidia’s earnings Wednesday after the bell, people care so much about what this company has to say and how the stock moves. It’s one of the largest holdings in the S&P 500. How Nvidia moves after earnings could matter for the S&P 500 overall and the other companies within that index and sort of that momentum AI trade. Source link #Nvidia #powered #Chart #Day Pelican News View the full article at [Hidden Content]
  10. S&P 500: Will Nvidia’s Earnings Report Drive Stocks Higher? S&P 500: Will Nvidia’s Earnings Report Drive Stocks Higher? The retraced Last Week’s Weakness – but will the rally continue? Stocks started the week on a positive note, with the S&P 500 gaining 2.05% on Tuesday after President Trump announced a delay in implementing tariffs on Europe. Today, the S&P 500 is expected to open 0.1% higher. However, I expect the index may move sideways ahead of a highly anticipated earnings report from Nvidia (NASDAQ:), scheduled for release after today’s market close. Investor sentiment has improved last week, as reflected in the AAII Investor Sentiment Survey, which reported that 37.7% of individual investors are bullish, while 36.7% are bearish. Currently, the S&P 500 is once again testing a critical resistance zone between 5,900 and 6,000, nearing its recent local high around 5,969. Nasdaq 100: Testing the 21,500 Level Again The tech-heavy is set to open 0.3% higher, continuing to show relative strength compared to the broader market. The “FANG” stocks have recovered most of their losses from the February highs. That said, the next major move in tech is likely to hinge on the market’s reaction to Nvidia’s earnings. The stock has rebounded strongly, now trading above $135 after rallying from its April 7 low of $86.62. Key resistance is within the $140–$145 range, with support around $130. VIX Drops Below 20 The Volatility Index fell back below the key 20 level yesterday, in line with rising stock prices. This suggests a return of investor confidence. Historically, a dropping VIX indicates less fear in the market, and rising VIX accompanies stock market downturns. However, the lower the VIX, the higher the probability of the market’s downward reversal. Conversely, the higher the VIX, the higher the probability of the market’s upward reversal. S&P 500 Futures: Creeping higher This morning, the contract is trading near local highs and approaching the key 5,950 resistance level. I think that this appears to be a short-term consolidation, not a decisive breakout. In addition to Nvidia earnings, investors are awaiting the , which are set to be released at 2:00 p.m. today. Support is around the 5,860 level, based on recent lows. Conclusion Stocks are set to open slightly higher today, with the S&P 500 index holding above the 5,900 level. While yesterday’s rebound has restored some market optimism, uncertainty remains. Here’s the breakdown: Investors are focused on Nvidia’s earnings report due today after the close. No clear negative signals yet, but sideways consolidation may continue amid tariff concerns. The 6,000 level remains a key resistance. Source link #Nvidias #Earnings #Report #Drive #Stocks #Higher Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]
  11. Telegram announces partnership with Musk’s xAI Telegram announces partnership with Musk’s xAI The encrypted messaging service Telegram has entered into a partnership with Elon Musk’s artificial intelligence company, xAI. Announcing the deal on social media, Telegram boss Pavel Durov said it would see his firm distribute the AI assistant, Grok, to Telegram’s “billion+ users and integrate it into its apps”. Mr Durov said the arrangement – which is due to last a year – would see his company receive $300m (£223m) in cash and equity from xAI, plus 50% of revenue from xAI subscriptions sold via Telegram. “Together, we win!”, he posted on social media. It follows Meta incorporating an AI service into its messaging service, WhatsApp – a development it was forced to defend after grumbling from users. This tie-up brings together two of the most colourful and sometimes controversial figures in tech. Mr Durov was arrested in France in August 2024, after being accused of failing to properly moderate his app to reduce criminality. Critics had branded the platform the “dark web in your pocket” because of what they said was the amount of criminal activity being discussed on the platform. However, Mr Durov has denied failing to cooperate with law enforcement over drug trafficking, child ******* abuse content and fraud. The platform has also rejected accusations that its moderation policies are not sufficiently robust. Mr Musk has an incredibly broad range of tech interests, ranging from brain implant start-up Neuralink to his rocket manufacturing firm, SpaceX. He also has a prominent role in the administration of US President Donald Trump, and campaigned heavily to get him elected – something that analysts say is contributing to slumping sales at his best known firm, electric car maker Tesla. The world’s richest man has also invested heavily in AI. He was a co-founder of the world’s best known AI firm, OpenAI, the company which makes ChatGPT. He subsequently left and became involved in a long-running row with OpenAI’s boss, Sam Altman, over its future direction. Earlier this year, Mr Musk spearheaded a failed attempt to buy it. He has also been seeking to develop xAI as a rival to OpenAI and other industry leaders. In March, he announced it had purchased X, the social media platform formerly known as Twitter, in a deal which valued xAI at $80bn (£61.8bn). Source link #Telegram #announces #partnership #Musks #xAI Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]
  12. Video showing Nintendo Switch 2 booting up for the first time appears online Video showing Nintendo Switch 2 booting up for the first time appears online A video showing someone turning on the Nintendo Switch 2 for the first time has appeared online. The video, which we’ve linked below, shows Russian Telegram channel Pops & Culture turning on the console, then showing it to the camera. The video, which is only 41 seconds long, appears to show the system’s setup screen, where the player chooses the system language. It is likely that this is as far as anyone with early access to the console can access, as the rest of the system’s features, including playing games, are seemingly locked behind a mandatory day one update, which has yet to roll out. However, the video does appear to be one of the first publicly shared instances of a launch Switch 2 booting, as well as a further example of the console’s street date being broken. While those who’ve received the console early have been unable to launch Switch 1 games, it’s currently unknown if the system can play physical Switch 2 games without the mandatory update. The video also appears to show off new menu music that plays while the system is being set up. It’s unknown whether that music will continue to the main Nintendo Switch 2 menu when the console has been set up fully. It’s just over one week until the Switch 2’s global launch day. In the *** and Ireland, toy retailer Smyths has confirmed that it plans to hold midnight launches for the system in all of its stores. The Nintendo Switch 2 is due to launch on Thursday, June 5, alongside first-party titles Mario Kart World, Switch 2 Welcome Tour, and Switch 2 Editions of current-gen games such as The Legend of Zelda: Tears of the Kingdom. Third-party launch games include Split Fiction, Cyberpunk 2077, Civilization VII, Hogwarts Legacy, Street Fighter 6, Yakuza 0 Director’s Cut, Sonic X Shadows Generations, and more. Donkey Kong: Bananza is due for release in July, with Drag X Drive also expected this Summer. Nintendo Switch 2 versions of Pokémon Legends Z-A and Metroid Prime 4: Beyond are also due this year, with no confirmed release dates. Source link #Video #showing #Nintendo #Switch #booting #time #appears #online Pelican News View the full article at [Hidden Content]
  13. iOS 19 to Reportedly Enable Easy eSIM Transfers from iPhone to Android iOS 19 to Reportedly Enable Easy eSIM Transfers from iPhone to Android With WWDC 2025 on the horizon, rumours about the expected announcements are gaining momentum. A report now suggests that iOS 19, Apple’s upcoming operating system (OS) update for the iPhone, will include support for a new functionality which makes transferring an eSIM from an iPhone to an Android smartphone a quicker process. The feature was reportedly discovered after delving into the code of one of the apps included in the Android 16 QPR1 Beta 1 update, which was released last week. eSIM Transfer from iPhone to Android The new feature was discovered in Google’s SIM Manager app following the Android 16 QPR1 Beta 1 update, Android Authority reports. Code strings reference that Apple’s upcoming iOS 19 update may enable support for transferring eSIMs wirelessly to Android handsets. A new page dubbed Transfer to Android will reportedly be added under Settings > General > Transfer or Reset iPhone. It is said to be similar to Apple’s eSIM Quick Transfer which lets you transfer their eSIMs from one iPhone to another. The feature will generate a QR code which may be needed to be scanned on the Android phone. It is reported to require entering a “session ID” and a passcode on the Android device. However, it remains unknown if both of them will be generated by the iPhone. One of the code strings, "Still can't connect wirelessly?", suggests that process will only take place if the two phones are connected wirelessly. If this does not happen, it may be due to the iPhone not running on the latest iOS 19 firmware. While you can still transfer an eSIM from an iPhone to an Android device, it is an arduous process, one which involves contacting the carrier or the service provider and obtaining the activation or the QR code for the transfer to begin. Meanwhile, carrying out the same activity between two iPhone models or two Android devices is a much simpler process. If this feature is indeed part of iOS 19, it is likely that Apple may preview it at the Worldwide Developers Conference (WWDC) 2025 which takes place next month. The company is expected to showcase its new OS updates, including iOS 19, along with all of the new additions and changes during the opening keynote. Source link #iOS #Reportedly #Enable #Easy #eSIM #Transfers #iPhone #Android Pelican News View the full article at [Hidden Content]
  14. EU says Israeli strikes in Gaza go beyond what is necessary to fight ****** EU says Israeli strikes in Gaza go beyond what is necessary to fight ****** The EU’s top diplomat, Kaja Kallas, has said that “Israeli strikes in Gaza go beyond what is necessary to fight ******” as the death toll there continues to mount. Kallas also said that the EU did not support a new aid distribution model backed by the US and Israel which bypasses the UN and other humanitarian organisations. “We don’t support the privatisation of the distribution of humanitarian aid. Humanitarian aid can not be weaponised”, she said. Israeli air strikes and other military actions since it resumed the war in March following a ceasefire have killed 3,924 people, the ******-run health ministry says. Israel says it is acting to destroy ****** and get back hostages the group holds. Kallas’ remarks follows an intervention by new ******* Chancellor Friedrich Merz who declared he “no longer understands” Israel’s objectives in the besieged enclave. “The way in which the civilian population has been affected… can no longer be justified by a fight against ****** terrorism,” he said. The EU is one of the largest donors of humanitarian aid to Gaza, yet Kallas said most of it was currently unable to get to Palestinians who need it. Israel imposed a complete blockade on Gaza in March and only began allowing a trickle of aid in after 11 weeks. “The majority of the aid to Gaza is provided by the EU but it’s not reaching the people as it is blocked by Israel,” Kallas said. “The suffering of the people is untenable.” EU Commission President Ursula von der Leyen meanwhile described recent Israeli attacks on Gaza’s civilian infrastructure as “abhorrent” and “disproportionate”. It also follows the strongest criticism yet by the ***, France and Canada, who demanded Israel end its military offensive in Gaza. The *** later said it was suspending trade talks with Israel. The EU has launched a formal review of its own trade agreement with Israel and Kallas said she would present “options” at the upcoming EU foreign ministers meeting in Brussels on 23 June. UN agencies have warned that Gaza’s 2.1 million population is facing catastrophic levels of hunger after an almost three-month Israeli blockade that was eased last week. Israel and the US are backing a new aid distribution system run by a controversial new group, the Gaza Humanitarian Foundation (GHF). The GHF’s aid distribution system uses US security contractors and bypasses the UN, which has rejected it as unethical and unworkable. The US and Israeli governments have said it is preventing aid from being stolen by ******, which the armed group denies doing. Meanwhile, Israeli Prime Minister Benjamin Netanyahu reiterated on Tuesday plans to relocate Gaza’s entire population to a “sterile zone” in the south of the territory while Israeli troops continue fighting ****** elsewhere. He also vowed to facilitate what he described as the “voluntary emigration” of much of Gaza’s population to other countries – a plan many view as forcible expulsion. Israel launched a military campaign in Gaza in response ******’ cross-border attack on 7 October 2023, in which about 1,200 people were killed and 251 others were taken hostage. At least 54,084 people have been killed in Gaza since then, according to the territory’s health ministry. Source link #Israeli #strikes #Gaza #fight #****** Pelican News View the full article at [Hidden Content]
  15. Pokémon Legends Z-A release date for Switch and Switch 2 confirmed Pokémon Legends Z-A release date for Switch and Switch 2 confirmed The release date for Pokémon Legends Z-A has been confirmed. According to a new post on X by the official Pokémon account, the game will be released on October 16. Both the Switch version and the Nintendo Switch 2 Edition of the game will release on the same date. More to follow… Source link #Pokémon #Legends #release #date #Switch #Switch #confirmed Pelican News View the full article at [Hidden Content]
  16. Instacart names Chris Rogers as CEO after Fidji Simo’s exit for OpenAI Instacart names Chris Rogers as CEO after Fidji Simo’s exit for OpenAI Instacart celebrates their IPO at the Nasdaq on Sept. 19th, 2023. Courtesy: Nasdaq Instacart on Wednesday appointed business chief Chris Rogers as its new CEO, less than a month after OpenAI announced CEO Fidji Simo as its new head of applications. Shares were last down about 2% in premarket trading. Rogers, who joined Instacart in 2019, will start Aug. 15 and join the board of directors. Simo will retain her chair position to “smooth the transition,” the company said. “Over the last four years, we’ve transformed Instacart into a growing, profitable, leading technology platform that’s helping reshape the grocery industry,” Simo said in a release. “We’re building a generational company at the intersection of technology and food, and Chris is the right leader for our next chapter.” OpenAI announced this month that it had recruited Simo to lead its applications team, reporting directly to CEO Sam Altman. At the time, Altman said in a post that Simo would “focus on enabling our ‘traditional’ company functions to scale as we enter a next phase of growth.” She joined the artificial intelligence startup’s board last year. Simo helped take the grocery delivery company public in 2023, after it ballooned in popularity as consumers sheltered at home during the depths of the pandemic. At the time, Instacart was the first major venture-backed tech IPO since the end of 2021. She also made CNBC’s 2024 Changemakers list. “There were a lot of questions about whether Instacart would be just another pandemic fad,” Simo told CNBC at the time. “And we have now proven that we not only kept the Covid gains, but grew on top of the Covid gains and grew sustainably and profitably, which is really important.” Prior to joining Instacart, Rogers spent 11 years at Apple working in a variety of roles, including managing director for the company’s Canada division. He started his career at the delivery company as vice president of global retail, later transitioning into the chief business officer role. Rogers began his professional career at Procter & Gamble and graduated in 2001 from Canada’s Wilfrid Laurier University in Ontario, with a bachelor’s degree in business administration. “We have a world-class team, deep partnerships, leading technology, and a bold vision for the future, and I’m honored to step in and lead Instacart’s next chapter.” Source link #Instacart #names #Chris #Rogers #CEO #Fidji #Simos #exit #OpenAI Pelican News View the full article at [Hidden Content]
  17. Germany’s Merz promises to help Ukraine produce long-range missiles Germany’s Merz promises to help Ukraine produce long-range missiles Anadolu via Getty Images Germany’s new chancellor (R) greeted Ukraine’s Volodymyr Zelensky to Berlin on Wednesday Germany’s new chancellor, Friedrich Merz, has told Ukraine’s Volodymyr Zelensky that Berlin will help Kyiv produce long-range missiles to defend itself from Russian attack. “We want to talk about production and we will not publicly discuss details,” he said, when asked by reporters in Berlin if Germany would supply Kyiv with its Taurus missiles. Merz took office earlier this month, promising to beef up ******* support for Ukraine, and said this week that there were “no longer” any range restrictions on weapons supplied by Kyiv’s Western allies. The Taurus has a range of 500km (310 miles) and could reach deeper into Russian territory than other far-range missiles. Although Merz did not refer to the Taurus by name during his press conference with the Ukrainian leader, he did say that a “memorandum of understanding” on long-range missiles would be signed by the ******* and Ukrainian defence ministers later on Wednesday. The Kremlin has warned that any decision to end range restrictions on the missiles that Ukraine can use would be a quite dangerous change in policy that would harm efforts to reach a political deal. However, Merz has since emphasised that a decision on lifting range restrictions was taken by Western allies months ago. Volodymyr Zelensky has called for talks aimed at reaching a settlement on the war to involve three leaders – “Trump-Putin-me” – although he added he was ready for any format. Kremlin spokesman Dmitry Peskov did not dismiss the idea out of hand but said such a meeting could only take place after “concrete agreements” had been reached between “the two delegations.” Although Ukraine and Russia held their first direct talks for more than three years in Istanbul this month, the meeting involved low-level officials took part and they were only able to agree on a prisoner exchange, which took place last weekend. Russian Foreign Minister Sergei Lavrov suggested on Wednesday that a date for further talks would be announced in the “very near future”, but made clear that Moscow was looking to guarantee Ukraine’s “neutral, non-aligned and non-nuclear status”. US President Donald Trump indicated this week that his patience was wearing thin with Russia’s failure to move forward with further talks. He accused Vladimir Putin of “playing with fire”, after a deadly Russian missile strike that killed 13 Ukrainians, including children. However, Russian officials suggested that Trump was not sufficiently informed on the context of the conflict. Getty Images Ukrainian President Volodymyr Zelensky has accused Moscow of delaying the peace process Ukraine’s president has urged Washington to impose sanctions on Russia’s banking and energy sectors. He said he had discussed the issue with Trump, adding that the US president had “confirmed that if Russia does not stop, sanctions will be imposed”. Despite the continued diplomatic manoeuvres, Ukraine’s military reported one of its largest drone barrages on Russian targets to date overnight in to Wednesday, while Zelensky said Russia had launched more than 900 drones over a three-day ******* ending early on Monday morning. On the ground, Ukraine’s defences have come under increased Russian attack in the northeast. Zelensky said Moscow was “amassing” over 50,000 troops along the Sumy front, where Russian forces have seized several villages across the Ukrainian border in an effort to create what Putin calls “security buffer zones”. Sumy governor Oleh Hryhorov said Russian forces had seized four villages and that fighting was continuing near other settlements in the area. The war, now into its fourth year, has claimed tens of thousands of lives and left much of Ukraine’s east and south in ruins. Moscow controls roughly one-fifth of the country’s territory, including Crimea, which it annexed in 2014. Zelensky has accused Moscow of delaying the peace process and said they are yet to deliver a promised memorandum of peace terms following talks in Istanbul. Peskov insisted the document was in its “final stages.” Source link #Germanys #Merz #promises #Ukraine #produce #longrange #missiles Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]
  18. Why The Last Of Us Season 2 Didn’t Include This One Heartbreaking Death From The Game Why The Last Of Us Season 2 Didn’t Include This One Heartbreaking Death From The Game A lot of people die in Naughty Dog’s The Last of Us and the HBO series that’s based on it. But in the Season 2 finale, viewers who already played The Last of Us: Part II or knew the story might have been expecting even more bloodshed, and now the showrunners have discussed why one death was cut. Major spoilers follow below. In The Last of Us Part II, Ellie kills a dog named Alice at the aquarium on her hunt for Abby. Alice the dog is kind of a big deal in the overall narrative and there are some sweet, tender moments featuring the pup. In the TV show, Ellie does not kill the dog. But why? Showrunner Craig Mazin is no stranger to working on TV shows where the dog dies, as one episode of the beloved Chernobyl series for HBO that Mazin wrote included soldiers culling dogs to help prevent nuclear radiation from getting worse. Mazin said that was enough dog-killing for him. “I think you get like one dog murdering episode a lifetime,” Mazin said at a press event attended by Polygon. “There are two cardinal rules in Hollywood: One, don’t spend your own money; Two, don’t kill a dog.” Mazin went on to say the nature of violence in a live-action production like The Last of Us is significantly more graphic, and he wasn’t sure about putting the dog-killing on the show. Neil Druckmann, meanwhile, said killing Alice the dog would be “probably one too many” deaths for the Season 2 finale. In the episode, Ellie kills Owen, and shrapnel from her bullet hits Mel in the neck, ultimately killing her. Mel, who was pregnant, tries to convince Ellie to cut out her unborn child from her stomach, but Ellie does not do this. Jesse is also killed in the Season 2 finale, and viewers are left to wonder if Tommy is dead. People who haven’t played the games may also wonder if Ellie herself is dead at the end of Season 2, as the show cuts to ****** Sopranos-style as Abby fires a pistol and Ellie screams. Season 3 will be a lot of Abby’s story, showing viewers what happened in the three days leading up to when she kills Jesse and pulls a gun on Ellie. A fourth season is likely to follow later on. As of yet, however, HBO has not announced a Season 3 release date or renewed the show for a fourth. As for the game series, Naughty Dog has not announced The Last of Us 3–though there have been many clues. What is confirmed, however, is that Naughty Dog is making a new IP called Intergalactic: The Heretic Prophet and at least one other game. Naughty Dog was previously developing a multiplayer Last of Us game, but it was canceled. Source link #Season #Didnt #Include #Heartbreaking #Death #Game Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]
  19. Police get more time to question suspect Police get more time to question suspect Police have been given extra time to question a man arrested on suspicion of attempted ******* after a car ploughed into football fans during Liverpool’s Premier League victory parade. Merseyside Police said a Ford Galaxy avoided a roadblock by tailgating an ambulance that was responding to reports of a member of the public having suffered a heart attack. The force said it had been given an extension to continue questioning a 53-year-old man from the city’s West Derby area. He was also detained on suspicion of dangerous driving and driving while unfit through drugs. Fifty people, including children, were treated in hospital following the incident in Water Street shortly after 18:00 on Monday. Police said that seven people remain in hospital in a stable condition following the incident. She added the incident was not being treated as terrorism. Hundreds of thousands of jubilant Liverpool fans packed the city centre on Bank Holiday Monday and lined the 10-mile (16km) parade route as the Reds celebrated winning their second Premier League crown and 20th top-flight league title. Source link #Police #time #question #suspect Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]
  20. No Way Home breaks free of Apple Arcade as the twin-stick shooter comes to iOS proper No Way Home breaks free of Apple Arcade as the twin-stick shooter comes to iOS proper No Way Home has broken free of Apple Arcade and is out now on iOS proper Experience a compelling, hand-drawn space shooter adventure Take on hordes of enemies, explore at your own pace and complete missions For all its amazing releases (and believe me, there are some really good ones), Apple Arcade has one fatal flaw that all subscription gaming services share. They usually claim exclusivity. So, if there’s a release you want to play, but nothing else that grabs you, then you either get a subscription entirely for that one release or simply let it pass you by. However, occasionally, after being exclusive for a while, something breaks free, as is the case with No Way Home, the twin-stick shooter from SMG Studio. This fast and furious space shooter isn’t lacking in hand-drawn charm or, indeed, an equally compelling story. Set in deep space, you play the captain of an astral liner that finds itself unexpectedly frozen solid. Ejected by the ship’s AI before an asteroid field destroys it, you’re now stranded in a thoroughly alien world with No Way Home, you might say. Shoot ’em up Yes, unlike other twin-stick shooters, which for better or worse focus on fast and frantic levels full of shooting, No Way Home functions a little more like Elite: Dangerous than Galaga. So you’ll be both shooting your way through and exploring the world around you as you complete missions. For my money, there’s a little bit of Sunless Sea about No Way Home that I quite enjoy. And the mixture of fast and frantic shooting with a more compelling story, exploration and missions other than just kill, kill, kill provides a winning formula that I’m sure many of you are excited to see come to the regular App Store. But if you fancy something a little heavier on the roleplaying and a lot less on the shooting, why not try out some of our picks for the top 25 best RPGs for Android and iOS? It features all the best picks of fantasy, sci-fi and beyond! Source link #Home #breaks #free #Apple #Arcade #twinstick #shooter #iOS #proper Pelican News View the full article at [Hidden Content]
  21. With Trump tariff jitters, S&P 500 to finish year nearly even with 2024: Reuters poll With Trump tariff jitters, S&P 500 to finish year nearly even with 2024: Reuters poll By Caroline Valetkevitch NEW YORK (Reuters) – The S&P 500 will finish the year near current levels, according to a Reuters poll, after many strategists in recent months cut their 2025 forecast for the index over uncertainty surrounding U.S. President Donald Trump‘s tariffs. Based on the median forecast of 51 equity strategists, analysts, brokers and portfolio managers collected May 15-28, the year-end target for the benchmark S&P 500 is 5,900, down from 6,500 in a February poll by Reuters. The S&P 500 ended Tuesday at 5,921.54. The market will remain choppy, strategists said, while seven out of 14 respondents who answered a question on profit growth said S&P 500 earnings will be marginally higher in 2025 than in 2024 and two said significantly higher. Five said they would be marginally lower. Sameer Samana, head of global equities and real assets at Wells Fargo Investment Institute, said the firm lowered its year-end target to 6,000 recently from 6,500 set at the start of the year. “Clearly earnings will be impacted by what’s going on with tariffs,” he said. “Our belief is tariffs are a tax and some combination of U.S. consumers, U.S. companies along with international producers and companies will pay the taxes. In essence, that kind of wealth transfer comes out of earnings to a certain extent,” he added. According to LSEG, S&P 500 earnings are expected to increase 8.4% in 2025 compared with 12.1% in 2024. But the 2025 estimate is down sharply from 14% growth estimated on January 1. Trade developments have whipsawed the stock market this year, especially after Trump’s April 2 announcement of sweeping tariffs on imports globally. In his latest move, Trump on Sunday backed down from his threat of a 50% tariff against the European Union, delaying its implementation until July 9 to allow for negotiations between the White House and the 27-nation bloc. The move prompted Brussels to fast track preparations for trade talks. Following a Tuesday rally, the S&P 500 is up just 0.7% for the year. But strategists say the back-and-forth nature of tariff negotiations has made predicting what the index will do tough. “It’s very difficult to forecast given the tariff uncertainty and the changing dynamics that seem to happen daily,” said Anthony Saglimbene, chief market strategist at Ameriprise Financial in Troy, Michigan. “There’s just a higher risk premium that has to be put on stocks, and that’s going to be with us through the rest of this year.” He said his firm’s “base” target is 5,600 for the S&P 500 for this year, but a “6,000 to 5,600 range seems very reasonable based on the tariff environment not really causing a recession or deteriorating corporate profits too much.” Story Continues Some strategists have raised their S&P 500 forecasts recently. Last week, David Lefkowitz, head of U.S. equities at UBS Global Wealth Management, wrote that the firm was increasing its year-end target to 6,000 from 5,800 partly because of a “solid first-quarter earnings season”. Concerns over the U.S. debt load have added to recent jitters and a “sell America” view by some investors. Moody’s downgraded its U.S. credit rating on May 16, and the Republican-controlled U.S. House of Representatives passed Trump’s sweeping tax-cut bill last week. The bill goes to the U.S. Senate next for review where investors worry spending cuts could be whittled down, growing the deficit. The S&P 500 posted gains exceeding 20% in both 2024 and 2023, helped by megacap technology stocks and optimism over the business potential of artificial intelligence. While the S&P 500 technology sector remains down 1.7% so far for 2025, it has been bouncing back, and some investors still see it as a good bet going forward. “Technology will likely remain volatile, but any downturns we get in tech, investors should use that as a long-term buying opportunity,” Saglimbene said, noting tech profit growth should hold up. Samana said Wells Fargo Investment Institute likes energy, financials and communication services and noted the firm “took the opportunity in the middle of the pullback to upgrade tech.” He is cautioning investors against consumer staples and utilities. At the same time, Eric Teal, chief investment officer for Comerica Wealth Management, expects the Dow to end the year at 48,000 and to outperform the S&P 500 this year “due to more industrial and attractively valued companies and less-concentrated technology exposure.” The poll has the Dow Jones Industrial Average finishing this year at 43,708, down from 47,024 in the Reuters February poll. The index closed at 42,343.65 on Tuesday. (Other stories from the Reuters Q2 global stock markets poll package) (Reporting by Caroline Valetkevitch; Additional reporting by Chuck Mikolajczak, Stephen Culp, Sinead Carew, Chibuike Oguh and Alden Bentley; Additional polling by Sarupya Ganguly and Renusri K; Editing by Joe Bavier) Source link #Trump #tariff #jitters #finish #year #Reuters #poll Pelican News View the full article at [Hidden Content]
  22. Lian Li releases 200 mm PCIe 5.0 riser cable, uses 180- to 90-degree angled connector for easy installs Lian Li releases 200 mm PCIe 5.0 riser cable, uses 180- to 90-degree angled connector for easy installs High-end PC case maker Lian Li just released a new PCIe 5.0 riser cable, allowing users to vertically install their GPUs for a more aesthetic look within their case. According to Lian Li’s post on X (formerly Twitter), this riser cable is backward compatible with PCIe 4.0, PCIe 3.0, and PCIe 2.0, ensuring that it can be used even with older systems. It also has a 180-degree to 90-degree connector, so you don’t have to worry about bending the cable this way and that to connect your GPU. Furthermore, its 200 mm length is just right, ensuring that you have enough length to reach your GPU without giving you a cable management headache. Lian Li’s PCI-e 5.0 Riser Cable is here! • up to 32Gb/s data rate• 200mm length with 180° to 90° angled connector,• Compatible with the Lian Li Universal and A3 Vertical GPU Kits, plus PCL-e 4.0 and 3.0 devices.Buy on: pic.twitter.com/GrKTDnWrgXMay 28, 2025 Despite adding extra copper between your GPU and motherboard, the performance impact should be negligible, as Lian Li claims that its riser supports data rates of up to 32 Gbps. It’s also compatible with both the Lian Li Universal Vertical GPU Kit and the A3-1 Vertical GPU Kit for the A3-mATX compact PC case we’ve previously reviewed, making it easier for you to upgrade your GPU when you’re using these cases and accessories. You may like The riser cable, with model code PW-PCI-520, is already listed on Amazon, but unfortunately, it’s marked as unavailable, so we don’t know how much it costs. The item is listed on Lian Li’s product pages, under the Others category, but the company does not list its price there, either. Hopefully, it will be within the same price range as other branded riser cables, which are around $70 to $80, making it easier for Lian Li’s fans to upgrade their PCs. Most of Lian Li’s Upright GPU Kits also only come with a PCIe 4.0 riser cable, necessitating an extra purchase if you have some of the latest and most powerful GPUs. If you want to install your graphics card vertically and you have a Lian Li PC case, you can either get a universal vertical GPU kit with a PCIe 5.0 riser from another brand, wait for Lian Li to release a kit with a PCIe 5.0 riser, or ******** the cost and buy a riser on top of the kit you’re paying for. Follow Tom’s Hardware on Google News to get our up-to-date news, analysis, and reviews in your feeds. Make sure to click the Follow button. Get Tom’s Hardware’s best news and in-depth reviews, straight to your inbox. Source link #Lian #releases #PCIe #riser #cable #90degree #angled #connector #easy #installs Pelican News View the full article at [Hidden Content]
  23. Deborra-Lee Furness speaks out on ‘traumatic betrayal’ after filing for divorce from Hugh Jackman – New York Post Deborra-Lee Furness speaks out on ‘traumatic betrayal’ after filing for divorce from Hugh Jackman – New York Post Deborra-Lee Furness speaks out on ‘traumatic betrayal’ after filing for divorce from Hugh Jackman New York PostDeborra-Lee Furness’ shock ‘betrayal’ jab at Hugh Jackman as she breaks silence on divorce filing Daily MailHugh Jackman’s Ex-Wife Deborra-Lee Furness Breaks Her Silence on ‘Betrayal’ as Their Divorce Is Finalized People.comHugh Jackman and Deborra-Lee Furness divorcing after nearly 2-year separation USA TodayDeborra-Lee Furness Has Officially Filed For Divorce From Hugh Jackman Two Years After They Publicly Announced Their Separation Yahoo Source link #DeborraLee #Furness #speaks #traumatic #betrayal #filing #divorce #Hugh #Jackman #York #Post Pelican News View the full article at [Hidden Content]
  24. Intel LGA9324 leak reveals colossal CPU socket with 9,324 pins for up to 700W Diamond Rapids Xeons Intel LGA9324 leak reveals colossal CPU socket with 9,324 pins for up to 700W Diamond Rapids Xeons An alleged picture of the socket that is expected to host Intel’s next-generation Diamond Rapids (Xeon seventh-generation) family of server CPUs has emerged, as spotted by HXL on X. The LGA9324 socket reportedly carries over 10,000 pins, once you consider debug pins and the like. This will likely be the largest LGA CPU socket yet, unless future Venice offerings from AMD exceed this amount. Last August, test tool listings for partners indicated that Intel’s future Diamond Rapids processors will reportedly require a new Oak Stream platform with its LGA9324 socket. Under the Xeon 7 family, these CPUs are expected to supersede existing Granite Rapids offerings, across AP (Advanced Performance) Xeon 6900P and SP (Scalable Performance) Xeon 6700P/6500P offerings. Prototype cooler designs from Dynatron suggest Intel will fragment Diamond Rapids into AP and SP flavors, and so we might see a toned-down socket under the Oak Stream family for Diamond Rapids-SP. Currently, Intel’s largest socket, LGA7529, features at least 7,529 contacts, while AMD’s SP5 offers 6,096. Xeon 6900P CPUs, utilizing the LGA7529 socket, offer up to 128 P-cores, support 12 DDR5 memory channels, and can reach a TDP of 500W. With a nearly 30% increase in pin-counts, expect more I/O, memory channels, increased TDPs, and even core counts. While we don’t have a banana for scale, visually, this is a massive socket, dwarfing LGA1851 (used by Arrow Lake) by almost five times. You may like The Goofish listing mentions that the model in the shared image was apparently acquired from a scrap yard and was initially part of a thermal test board. What this means is that Intel is probably validating Diamond Rapids as we speak with their partners, and who knows if benchmarks or even an actual CPU sample surfaces soon? Diamond Rapids is expected to leverage the Panther Cove-X architecture, which is believed to serve as a server analogue to Coyote Cove on Nova Lake. Rumored to be built using 18A, the launch of Diamond Rapids hinges greatly on its High Volume Manufacturing (HVM) readiness, with Panther Lake targeting HVM by late 2025. This isn’t an apples-to-apples comparison since Panther Lake’s Compute Tile (Likely 18A) is expected to span between 100-150mm^2, while Compute Tiles on Intel’s Xeon processors can be as large as 600mm^2. Even though Intel hasn’t confirmed an exact release window for Diamond Rapids, we can expect these CPUs to arrive sometime in 2026, rivaling AMD’s Venice. Follow Tom’s Hardware on Google News to get our up-to-date news, analysis, and reviews in your feeds. Make sure to click the Follow button. Get Tom’s Hardware’s best news and in-depth reviews, straight to your inbox. Source link #Intel #LGA9324 #leak #reveals #colossal #CPU #socket #pins #700W #Diamond #Rapids #Xeons Pelican News View the full article at [Hidden Content]
  25. Uber Stock Ready to Ride Higher on Waymo Partnership Uber Stock Ready to Ride Higher on Waymo Partnership Companies that were once hot and known for their growth stages typically come to a plateau once their size starts getting too big to keep churning out double-digit growth rates across the board. When this happens, investors can start to reduce their positions in the once great run higher or wait for new catalysts or developments to come into the company and spark a new growth stage once again; that is as simple as it gets for professional money managers. In today’s market, one name has become synonymous with transportation services, a name and brand that most consumers are familiar with in the technology sector. It delivers the sort of financial performance that every value investor wants to see on their balance sheets and portfolios. However, fears of this company falling out of its growth stage have placed new pressure on its management’s shoulders, potentially leading the company into a new growth phase. The company in question is Uber Technologies (NYSE:). This name has penetrated the ridesharing industry, with few competitors today. While the company’s financials have all of the right components to keep it headed toward higher prices, concerns about upkeeping growth initiatives have led it to consider a partnership with Waymo, a similar platform hosted by Alphabet (NASDAQ:), and that could be the catapult forward for Uber. What a Partnership Could Look Like The term robotaxi has been coined by Tesla (NASDAQ:) for some time now. However, the true developments in the autonomous driving arena have to be granted to Alphabet’s Waymo as a differentiating technology. True autonomous ridesharing has already been achieved. Up to 250,000 monthly rides have become the norm for Waymo, which operates in less than a handful of states. This speaks to the platform’s adoption rate among its customers. Seeing that Uber and Waymo have so much in common, it makes all the sense in the world that the two would partner. Talks about making this happen are already taking place. Still, investors need to understand what this combination could look like in the future. The proposal is for consumers to have the option to book a Waymo or physical Uber driver, depending on time and pricing dynamics, where the combined platform offers the best available option right away. Of course, the two platforms will see mutual benefit in this joint operation. Waymo will find a new way to keep pushing its adoption rates further while Uber locks in on a new expansion path, solving the growth plateau dilemma for investors today. Now, the question becomes whether the market is already recognizing some of these developments in Uber stock and where the potential ceiling might be moving forward. Here’s the Market’s Take on Uber Even after a one-year performance of up to 36.7%, Uber stock has the potential to keep reaching higher highs in the coming months and quarters. Now trading at 94% of its 52-week high, Uber stock is a great candidate for momentum buyers and investors. Speaking of these momentum buyers, investors can already see that dynamic taking place over the most recent quarter, as $6.1 billion worth of institutional capital has justified its way into Uber stock already, signaling further confidence and optimism for the company’s future under this new development with Waymo. This new positioning adds to the $11 billion of institutional buying that took place over the previous quarter, adding to the snowball effect of backing and momentum that can be seen in Uber stock’s future. Understanding that Uber now has all of the right components to keep delivering attractive returns for investors, some on Wall Street have also decided to take action in favor of the name. Ivan Feinseth, an analyst at Tigress Financial, decided to reiterate his Buy rating on Uber stock as of mid-May 2025, with an added bonus on top. This analyst also boosted his valuation target from his previous view of $103 per share, whereas now a more fair assessment seems to lie closer to $110. This implies that Uber stock could rally by as much as 25.3% from where it trades today, not to mention make a new 52-week high while at it. A new high, along with continued bullish quarters for Uber, could attract another massive wave of institutional buying, creating a virtuous cycle of upside in the stock for the coming months and quarters, a theme investors who think Uber is past its growth stage could come to regret not being a part of. Original Post Source link #Uber #Stock #Ready #Ride #Higher #Waymo #Partnership Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

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