Pelican Press

3 Stocks that Make Sense for Value Investors to Buy Now 3 Stocks that Make Sense for Value Investors to Buy Now The underlying dynamic of the stock market is that people not only perceive the value of a company differently, but they speculatively count on other people to do so. This translates to a dichotomy between intrinsic value and perceived value. Therefore, value investors prioritize a company’s intrinsic value, preferably one that is currently mispriced to the point of being undervalued (under discount) by the wider market. Or, as Warren Buffett put it, “Price is what you pay. Value is what you get.”. If investors have a long-term outlook, they can bet on future value with companies that are showing above-average growth. Accordingly, they would prioritize future value over current value, making them growth stock investors. With that in mind, which stocks fit the bill for being presently mispriced? 1. Encore Capital Group Followers of macro trends could have noticed a rapid rise in delinquency rate on credit card loans. In Q3 2024, it reached the highest level since Q4 2011. This is to be expected as lockdown-******* excess savings depleted, having turned negative by this March. Combined with the eroding effect of inflation since 2021, after the Federal Reserve ballooned the money supply to historic proportions, the ability to repay debt is lower. Encore Capital Group (NASDAQ:) is there to purchase delinquent consumer debt at a discount and then attempt to recover it. As of the November investor presentation, Encore collected $2.1 billion debt for the last twelve months through Q3 2024, split between the US at 72% and Europe at 28%. In that quarter, the company’s revenue went up 19% year-over-year to $367 million. More importantly, Encore’s net income increased by 58%, from $19 million to $31 million in Q3. The company’s debt-to-equity ratio is now 3.4, having exceeded $23 million in debt recoveries above forecast in Q3. Although Encore missed Q3’s EPS estimate, due to its underperforming subsidiary Cabot (NYSE:) Credit Management (CCM) in the ***, the US operations largely offset the loss. Image credit: Encore Capital Group Encore’s forward price to earnings (P/E) ratio is at relatively low 5.54 while price to book (P/B) ratio is 1.11. Presently priced at $48.73, ECPG stock is well under the bottom outlook of $58 per 5 analyst inputs aggregated by Nasdaq. The average ECPG price target is $61.6, while the top twelve months ahead is estimated at $65 per share. 2. Datadog Since the last coverage of this software-as-a-service (SaaS) company in November 2023, Datadog (NASDAQ:) stock is up 31%, from $99.81 to present $130.54 per share. As demonstrated by Adobe (NASDAQ:), CrowdStrike (NASDAQ:) and others, SaaS business model provides companies with predictable cash flows based on a subscription-based service. Datadog has another ***** by offering free basic service for network monitoring up to 5 hosts. Businesses can then scale up with their own expansion to the next tier with a leveled up 15-month network monitoring retention vs just 1-day. This provides companies an invaluable insight in how their online presence is monitored, managed, automated and optimized. Datadog beat its earnings per share (EPS) estimates for the last four consecutive quarters. The most recent Q3 EPS estimate was beaten at 87.5% positive surprise, having reported $0.15 vs estimated $0.08 EPS. Compared to a year-ago Q3 ‘23 *******, Datadog more than doubled its net income, from $22.6 million to $51.7 million. Even more impressively, the company has a very low debt to equity ratio of 0.28. While Datadog’s P/E ratio is expectedly high at 244.91, alongside P/B at 16.77, investors are still seeing DDOG as undervalued. After all, Datadog is outside the Big Tech circle. As such, there is more space for growth in a high-growth cloud-computing and monitoring market. Although Dynatrace (NYSE:) and New Relic (NYSE:) are Datadog’s competitors in that niche, it seems there is plenty of demand for all companies. Currently priced at $130.54 per share, DDOG’s average price target is $151.25 based on 36 analyst inputs. The low estimate is still above the present price, at $133, while the high estimate is $165 per DDOG share. 3. Nu Holdings Ltd Over the last five years, MercadoLibre Inc (NASDAQ:), the Amazon (NASDAQ:) equivalent for South America, grew its revenue from $2 billion to $18.5 billion. Although JP Morgan downgraded the company in October because its logistics expansion is taking a toll on profits, it ******** the case that e-commerce is projected for double-digit growth across the continent by 2026, per PCMI data. By providing digital payment solutions, Nu Holdings (NYSE:) is closely tied to that growth. Without its own e-commerce platform, Nu connects with marketplaces and digital retailers to drive online retail engagement. In other words, Nu is complementary to the smartphone + e-commerce combo, both of which boomed in South America. The digital bank reported 23% customer growth in the latest Q3 financial report, now serving 109.7 million customers with an activity rate of 84%. Without the burden of brick & mortar banking costs, Nu’s net income increased from $303 million to $553.4 million. Equally so, the company’s debt-to-equity ratio ******** low at 0.19 as of the end of September. Nu’s forward P/E is 23 while its P/B is 8.58. But considering the fact that most investors focus on US-based companies, it is likely that NU stock still has some headway. Like the previous two value stock picks, NU stock’s low estimate is also above its present price, at $15 vs $13.41 respectively. According to 12 analyst inputs, the average NU price target is $17.38, with the high estimate close at $18.9 per NU share. *** Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. This article was originally published on The Tokenist. Check out The Tokenist’s free newsletter, Five Minute Finance, for weekly analysis of the biggest trends in finance and technology. Source link #Stocks #Sense #Investors #Buy Pelican News View the full article at [Hidden Content]

‘******’s ***** threat’ and ‘Farmageddon!’ ‘******’s ***** threat’ and ‘Farmageddon!’ A number of the front pages carry warnings of an increasing nuclear threat from Vladimir ******, after he approved new rules for Russia’s military. “****** clears way for nuclear strike,” declares the Daily Mail‘s headline, after Ukraine fired US long-range rockets into Russia for the first time. The paper calls it a “dramatic escalation on the 1,000th day of the conflict”. The Times says ****** has raised the “nuclear stakes” by lowering the legal threshold for using atomic weapons, in retaliation for attacks on its territory with Western-supplied weapons. The paper says ****** has been weighing up altering his nuclear doctrine for several months. President ****** has “ramped up fears of nuclear war”, says the Daily Mirror. It labels him a “tyrant” – and, in a comment piece, the MIRROR says the Russian leader invaded his neighbour “in a bloodthirsty land grab” and now the victim he is pummelling is fighting back with US-supplied weapons. The Guardian reports that the ******* States is “incredibly concerned” about what it calls a “Russian hybrid warfare campaign” against the West. According to the paper, people briefed on discussions about Russia’s likely response say that potential hybrid attacks could include expanding “its campaign of sabotage and assassinations in Europe” or “further arming US adversaries in the Middle East and Indo-Pacific”. The farmers’ inheritance tax protest in London is also on the front pages. The Telegraph carries a large photo of Jeremy Clarkson – who owns a farm – talking to the media. He was one of the high-profile supporters to join thousands of farmers at Westminster. The Mail calls it “the day Clarkson’s farmer army parked on Starmer’s lawn”. The paper says protesting farmers have warned that “this is just the warm up” against what it calls the “government’s inheritance tax raid”. The Times reports that Labour MPs have privately warned that the plans to raise inheritance tax risk hitting the “average farmer”, rather than the intended targets. As the paper puts it, they are “non-farmers buying swathes of agricultural land to avoid inheritance tax”. The i describes the protest as a “farmer drama for Starmer”. The paper says it understands that Labour MPs in rural areas are lobbying ministers behind the scenes. But it adds that some insiders are digging in over the protest, saying: “They don’t vote for us anyway.” Farmageddon!” warns the Metro‘s headline. First class stamps are now so expensive, it can be cheaper to fly to Europe to post your Christmas cards, according to The Telegraph. It says Royal Mail’s decision to raise the price to £1.65 means that sending a letter from some countries abroad costs half as much as sending it domestically. Analysis found six foreign destinations where posting 100 cards would be cheaper than in Britain even when including the cost of a return flight. For instance, sending 100 cards from Belgrade to the *** would cost £78 and flights from Luton to the Serbian capital can cost as little as £33 – a total of £111 – still much less than the £165 the postage would cost in the ***. Source link #Putins #***** #threat #Farmageddon Pelican News View the full article at [Hidden Content]

Trombone Champ: Unflattened arrives on PS VR2 on November 26 Trombone Champ: Unflattened arrives on PS VR2 on November 26 Flat2VR Studios first PS VR2 title reimagines the rhythm game with immersive controls and offbeat humor. Source link #Trombone #Champ #Unflattened #arrives #VR2 #November Pelican News View the full article at [Hidden Content]

Here’s ******** Against Super Micro Computer Is a Good Idea Here’s ******** Against Super Micro Computer Is a Good Idea I’m focusing on as a short because there’s an increasing number of red flags that suggest a high probability that SMCI is the Hotel California of accounting ******: you can check-in but you’ll never check-out. I think there’s a strong possibility that SMCI will not be operating in its current form 12-18 months from now. While I think there’s value to SMCI’s business, it’s a matter of determining what’s real and what’s accounting ******. It’s a low-margin business on which SMCI’s c-suite has been imposing accounting ****** to make the sales growth and profit margins appear ******* than reality. The incentive to do this, of course, is to boost the share price. On Wednesday SMCI filed a Notification of Late Filing with the SEC stating that it is unable to file its FY 2025 Q1 10-Q. It also stated that it needs additional time to find an auditor, for the Special Committee of the Board to complete its review of SMCI’s procedures and controls and for the audit firm that is eventually hired to prepare and complete the FY 2024 10-K and FY ’25 10-Q. The now must decide if it will delist SMCI or give the Company 180 days to fix the issues listed above. I have no idea how this will unfold but, quite frankly, this stock should not be trading given the complete lack of transparency with its financials for the last 5 quarters. In addition, NVDA pulled a big order for servers last week from SMCI. SMCI’s shares jumped 16.6% from the close in thin after-hours trading Friday after Barron’s reported that “a person familiar with the matter” told Barron’s that SMCI intends to submit a plan on Monday in an effort to avoid delisting. Details were lacking but as of Friday SMCI had not hired an auditor to replace E&Y. In fact, the Wall Street Journal published an article Friday morning titled “Is Anyone Crazy Enough to Audit Super Micro Computer?” The article referenced the possibility that E&Y found something missed by the previous accounting firm, Deloitte & Touche. D&T was fired by SMCI at the end of its FY 2023 (June 30, 2023). Thus, E&Y resigned as the auditor just 15 months after Deloitte was fired and before E&Y completed its FY 2024 year-end audit. In other words, despite SMCI’s denials, there has to be some serious problems with SMCI’s accounting. Prior to E&Y’s resignation, in April a former employee (Bob Luong) who was the Head of Global Services filed a whistleblower lawsuit alleging that SMCI continued to falsify revenue recognition shortly after SMCI settled with the SEC and was relisted on the Nasdaq in 2020. According to the court filing, Luong was terminated in April 2023 after refusing to comply with SMCI’s repeated requests to implement what Luong believed was revenue recognition accounting that violates SEC accounting regulations between late 2020 and 2022. The court filing has two pages of sordid details. This includes improper revenue recognition, recognizing revenue from incomplete sales and shipping products near quarter-end that SMCI knew had problems and would be returned for exchange after the quarter ended. In addition Luong alleges that SMCI would shift revenue services to hardware sales in order to boost the profit margin reported in the financials from hardware sales. Luong also cited circumvention by upper management of internal accounting controls. In December 2022 Luong was placed on involuntary administrative leave and fired in April 2023. Note that Deloitte was fired two-and-a-half months later. I suspect that Deloitte was putting up resistance for the same reasons listed by Luong in his lawsuit. Deloitte was SMCI’s auditor when the Company delisted in August 2018 for failing to file financial statements for two consecutive years. After regaining compliance in January 2020, the SEC charged the Company with widespread accounting violations in August 2020. SMCI settled with the SEC shortly there-after. I find it quite interesting that E&Y quit as SMCI’s auditor before it completed what would have been its first FY year-end audit in connection with the preparation of the 10-K to be filed with the SEC. Clearly E&Y discovered huge problems with SMCI’s accounting and controls and was unwilling to put its name on the Auditor’s Report which precedes the presentation of the financials in a 10-K. In my opinion the writing is on the wall for SMCI. This Company is riddled with accounting ****** based on all of the “footprints in the snow.” I continue to believe that SMCI will be trading under $10 within six to twelve months. The problem with using puts right now to express this view is that if the stock is delisted the options cease trading. That said, I think the after-hours report that SMCI is filing a plan of compliance with the Nasdaq (though I don’t see how the report has substance since an audit firm has not been hired). I hope the stocks pops this week because I would love to establish a longer-dated, OTM put position in this stock. I’ll be watching the price-action in the stock Monday at the open and I hope the stock runs into the mid-high $20’s. As an aside, there’s still the potential for this stock to get delisted. If you take a bearish view on SMCI with puts, there’s delisting risk, meaning that the options cease trading if there’s a delisting. However, if you short the stock, that short position can be carried over into the OTC market, likely under the symbol “SMCIQ.” I really believe this stock is a no-brainer short. NOTE: On Monday SMCI filed an 8-K in which t announced that it hired a new audit firm, BDO, and intended to file a Plan of Compliance. There’s just two problems. The 8-K contained a paragraph which would lead a discerning reader to conclude that the BDO engagement is contingent on BDO getting comfortable with the issues that led to the ******* of Deloitte and the resignation of E&Y. Note that E&Y quit before it completed what would have been its first annual audit of SMCI’s numbers. As it turns out, BDO is a shady “mid-tier” audit firm. The Public Accounting Oversight Board issued a report in which is stated that 86% of the audits by BDO that PCAOB insspected were deficient. This means that BDO had ******* to collect evidence to support at least part of its audit conclusion. I don’t know how this saga might play out in the near-term. But longer term, as the market figures out that the value-added of AI does not justify the massive market caps given to the AI-related companies. This is particularly true with the SMCI, which sports an operating margin that is below 10% – to the extent that operating margin can be trusted – and clearly does not command pricing power for what is basically a commodity product. Source link #Heres #******** #Super #Micro #Computer #Good #Idea Pelican News View the full article at [Hidden Content]

ASX falls after ‘inexplicable’ rally during Tuesday’s trading ASX falls after ‘inexplicable’ rally during Tuesday’s trading The ASX closed down on Wednesday as investors took advantage to take a profit following a record day of trading on Tuesday. Source link #ASX #falls #inexplicable #rally #Tuesdays #trading Pelican News View the full article at [Hidden Content]

Germany says cut undersea data cables were sabotaged Germany says cut undersea data cables were sabotaged According to the New York Times, Boris Pistorius, Germany’s defense minister, believes that undersea cables connecting Finland and Germany that were severed on Monday were not damaged by accident, . Another cable was also cut on Sunday. The internet connection between these countries ******** active despite disruptions. Pistorius said that “nobody believes these cables were severed by accident,” and he thinks anchors dropped from ships wouldn’t damage the cables like this. He claimed it was , but admitted he doesn’t yet have solid proof for this assertion. Germany and Finland have released a , mentioning that a “thorough investigation” is ongoing. The statement also directly names Russia as a threat to ********* security while the country wages war against Ukraine. Cables aren’t the only potential targets — hybrid warfare, which includes cyberattacks and *********** generation, is a looming threat. This September, the US issued of possible undersea cable sabotage following increased Russian military naval activity near crucial cables. Sweden, Denmark, Norway and Finland have also spotted potential around these cables and wind farms in Nordic waters last year. NATO’s Allied Maritime Command (MARCOM) had warned Europeans in April about potential Russian hybrid warfare targeting pipelines and cables, reports. After extended reconnaissance and planning, Russia may be finally carrying out sabotage plans on these cables. As for the recently cut cables, we’ll have to wait for the investigations to conclude before being able to pin Russia as the culprit with more certainty. Besides Germany and Finland, Lithuania is conducting its own investigation but hasn’t yet made a statement about the damaged cable connecting it to Sweden. Source link #Germany #cut #undersea #data #cables #sabotaged Pelican News View the full article at [Hidden Content]

Microstrategy’s Bitcoin Bet Is a Phenomenal Success – But Is it Worth the Risk? Microstrategy’s Bitcoin Bet Is a Phenomenal Success – But Is it Worth the Risk? MicroStrategy’s (NASDAQ:) stock price soared 600% in the past 12 months, thanks to the audacious strategy of its visionary founder, Michael Saylor. Is it the “trade of the century”? Introduction On November 5th, Donald Trump officially returned to the Oval Office. His victory sparked a rally across several key sectors, including banking, non-renewable energy, private prisons, and cryptocurrencies. Among the biggest winners was Bitcoin, the biggest cryptocurrency saw an increase of over 31% since the election as investors bet on a more laissez-faire regulatory approach under Trump’s administration. MicroStrategy Inc, benefited from this Bitcoin rally, rising over 35% since the election. This surge occurred because MicroStrategy has become almost synonymous with Bitcoin itself, a “proxy” for it due to its aggressive investment strategy in the cryptocurrency. This article dives into the motivations behind MicroStrategy’s heavy Bitcoin bets, examining its evolution before Bitcoin, and how it is only the first mover in what could become a broader global recognition of cryptocurrencies. MicroStrategy Inc. Before Bitcoin MicroStrategy’s journey began in 1989 in Delaware, U.S. as a small consultancy with big ambitions. Founded by Michael Saylor and Sanju Bansal after meeting at MIT, the company initially focused on developing software for data mining and business intelligence. Through the 1990s and early 2000s, MicroStrategy experienced rapid growth as companies became increasingly digitalized. Its 1998 IPO was a major success, with shares doubling on the first day of trading. But then the dot-com bubble burst. In March 2000, following an accounting scandal, MicroStrategy’s stock dropped 62% in one day, and Michael Saylor lost $6 billion in net worth and became the answer to the Trivial Pursuit question on “Who has lost the most money in a single day?” Despite these challenges, MicroStrategy continued to innovate and expand its business. Today, the company designs, develops, markets, and delivers advanced enterprise analytics and mobile platforms through licensing agreements and cloud-based subscriptions. Its flagship product is MicroStrategy ONE. Using a semantic layer and AI-powered processing, this platform aggregates data from both internal and external sources and allows enterprises to create various reports and analytics dashboards. The platform also supports AI application development, including conversational AI and integrates with major cloud providers, such as AWS, Google (NASDAQ:) Cloud, and Microsoft (NASDAQ:) Azure. MicroStrategy serves an important client base that includes the U.S. government, along with major players across industries such as retail, banking, consulting, technology, insurance, manufacturing, telecommunications, healthcare, and the public sector. In 2023, MicroStrategy reported an annual revenue of $496.26 million. Michael Saylor stepped down as CEO of MicroStrategy in August 2022, handing the position over to then-President Phong Le. However, as Executive Chairman and holding over 50% of the shareholder voting rights, Saylor ******** deeply involved in deciding the company’s strategies. Over the years, the multibillionaire has been credited as the inventor on 48 patents and is the author of the bestselling book The Mobile Wave. He established the Saylor Academy, a nonprofit offering free education to over 2 million students. He also became a respected voice in the Bitcoin space, frequently speaking at crypto conferences and featured in interviews on Bitcoin and finance. Source: Michael Saylor profile picture on X MicroStrategy Bitcoin Strategy When the Covid-19 pandemic brought the economic activity of many companies to a halt, Michael Saylor was already concerned about his company’s waning momentum. Thanks to prudent cost management, the Nasdaq-listed IT company had managed to build up a substantial cash position, with close to 500 million dollars at the end of 2019. Yet Saylor was not interested in using this cash to acquire competitors or invest in R&D. Instead, he saw two paths forward: share buybacks or investing in assets that could deliver higher returns than stagnant cash. In his view, the ultra-expansive policies of central banks were creating new risks for the financial markets and could ultimately lead to high inflation, which would have an impact on real investment returns. He then turned his attention to cryptocurrencies. It was decided that MicroStrategy would invest part of its cash reserves into Bitcoin. In early August 2020, Michael Saylor hosted the MicroStrategy quarterly results conference call. He presented analysts with his strategy for reinvesting cash, i.e. buying back shares but also building a multi-asset class portfolio that would eventually include alternative investments including cryptocurrencies. No one was paying too much attention to this last point. Except that a few days later, MicroStrategy’s treasurer decided to buy his first Bitcoins, 21.454 Bitcoins to be precise. This represented an investment of $250 million, with an average purchase price of just over $11,000. This was just the start of a long honeymoon between the software company and cryptocurrency. Michael Saylor even decided to issue a convertible bond to finance additional purchases of Bitcoin. When Bitcoin corrected by nearly 25% at the end of January 2021, Saylor did not hesitate to strengthen his positions even further. As of November 10, MicroStrategy held 279,420 Bitcoins on its balance sheet, at an average purchase price of $42,692, representing a total market value of over $25 billion. This makes MicroStrategy the largest publicly traded corporate holder of Bitcoin globally. As for the share price, it has soared, particularly following the reelection of President Trump, the first openly pro-cryptocurrency president. In five years, the share price has risen by more than 1995%, an exponential increase that obviously has nothing to do with the group’s operating results. Source: Blocktrainer 21/21 Plan In their Q3 2024 earnings report, MicroStrategy unveiled its “21/21 Plan,” a strategic initiative focused on raising $42 billion over the next three years to accumulate Bitcoin holdings. At the time of writing and based on the current Bitcoin price of around $90,000, $42 billion in Bitcoin equates to roughly 466,667 BTC, representing approximately 2.2% of the total Bitcoin supply. This capital-raising initiative, designed to run between 2025 and 2027, is split evenly: $21 billion through equity offerings and $21 billion via fixed-income securities. Each year is set to see a gradual increase in funding, with $10 billion planned for 2025, $14 billion for 2026, and $18 billion for 2027, equally divided between equity and bonds. To monitor the effectiveness of these acquisitions, MicroStrategy developed a BTC Yield metric, that focuses on Bitcoin acquisition efficiency relative to new share issuance. Their goal is to hold between 106 and 110 Bitcoins per share from 2025 to 2027, a target already exceeded in 2024 with 118 Bitcoins per share. They aim to sustain an annual BTC yield of 6% to 10% over the coming years. The 21/21 plan sparked enthusiasm among crypto commentators, who are increasingly “bullish” on MicroStrategy’s strategy. Source: Cryptobriefing Source: Bitget MicroStrategy, Only the First Mover of a Global Bitcoin Recognition In the meantime, MicroStrategy shares have become what is known as a ‘proxy’ for Bitcoin. Many institutional and private investors have a positive view of Bitcoin (or other cryptocurrencies). But they are unwilling or unable to buy Bitcoin directly. As a result, buying a listed share with a high correlation to Bitcoin is one of the only ways of solving this problem. This success story became an inspiration to others. Several companies, both private and public, are now considering allocating some of their cash to Bitcoin. Other companies are going even further: why not transform their business model in a similar way to what MicroStrategy has undertaken, i.e. become a Bitcoin investment ‘pool’ quoted on the stock exchange. Michael Saylor is prepared to support this mimicry himself. Indeed, the CEO is organising conferences open to those who would like to invest some of their cash in Bitcoin. During these seminars, Michael Saylor explains in detail how to make purchases and the accounting methods involved. Recently, the trend sparked by MicroStrategy gained momentum. In France, The Blockchain Group specialising in Data Intelligence, AI, and decentralised technologies announced a purchase of 15 BTC for €0.949 million. This acquisition is part of their new strategy to become a “Bitcoin Treasury Company.” Conducted through DELUBAC & CIE, a registered digital asset service provider, the transaction leverages secure custody solutions provided by Taurus SA, a Swiss leader in digital asset infrastructure. Similarly, Singapore-based AI company Genius Group adopted Bitcoin as its primary treasury asset, launching a “Bitcoin-first” approach that prioritises Bitcoin in its financial reserves. Genius Group plans to allocate $120 million from its $150 million At-The-Market (ATM) funding facility to acquire Bitcoin, which will constitute over 90% of their reserves. The company is also initiating a Web3 Wealth Renaissance educational series and enabling Bitcoin payments on its Edtech platform. Genius Group’s Director, Thomas Power, expressed strong support for MicroStrategy’s strategy, and shared a similar vision for Genius Group: “We see Bitcoin as being the primary store of value that will power these exponential technologies.” Microsoft may also soon join the movement. Microsoft shareholders, including influential stakeholders like BlackRock (NYSE:), voted on a proposal for the $3 trillion tech giant to allocate part of its reserves to Bitcoin. The outcome of this vote is to be announced at the next shareholder meeting in December. According to Cointelegraph, the NCPPR raised concerns that Microsoft may risk shareholder lawsuits if it chooses not to invest in Bitcoin and the asset’s value subsequently increases. Source: Bitget Conclusion MicroStrategy’s Bitcoin strategy is a high-risk, high-reward move. As excitement builds around MSTR stock, analysts urge caution. Mads Eberhardt, an analyst at Steno Research, recently observed that the impact of MicroStrategy’s 10-for-1 stock split in August is fading, the stock’s premium relative to its Bitcoin holdings is now nearing 300%. This is historically high compared to the 200% premium seen in the 2021 bull market. Critics also highlight MicroStrategy’s heavy exposure to Bitcoin’s volatility. Yet, the company managed to survive the bear market. When Bitcoin came under significant pressure in 2022, and the company was temporarily $2 billion, or 50%, in the red with its Bitcoin purchases, the stock itself traded higher than before the first Bitcoin acquisition. A rule in the Bitcoin community is that you have to hold the asset for at least four years to mitigate risks, and this patience has proven beneficial for MicroStrategy. Original Post Source link #Microstrategys #Bitcoin #Bet #Phenomenal #Success #Worth #Risk Pelican News View the full article at [Hidden Content]

Exclusive-******, ascendant in Ukraine, eyes contours of a Trump peace deal Exclusive-******, ascendant in Ukraine, eyes contours of a Trump peace deal By Guy Faulconbridge MOSCOW (Reuters) – Vladimir ****** is open to discussing a Ukraine ceasefire deal with Donald Trump but rules out making any major territorial concessions and insists Kyiv abandon ambitions to join NATO, five sources with knowledge of Kremlin thinking told Reuters. U.S. President-elect Trump, who has vowed to swiftly end the conflict, is returning to the White House at a time of Russian ascendancy. Moscow controls a chunk of Ukraine about the size of the ********* state of Virginia and is advancing at the fastest pace since the early days of the 2022 invasion. In the first detailed reporting of what President ****** would accept in any deal brokered by Trump, the five current and former Russian officials said the Kremlin could broadly agree to freeze the conflict along the front lines. There may be room for negotiation over the precise carve-up of the four eastern regions of Donetsk, Luhansk, Zaporizhzhia and Kherson, according to three of the people who all requested anonymity to discuss sensitive matters. While Moscow claims the four regions as wholly part of Russia, defended by the country’s nuclear umbrella, its forces on the ground control 70-80% of the territory with about 26,000 square km still held by Ukrainian troops, open-source data on the front line shows. Russia may also be open to withdrawing from the relatively small patches of territory it holds in the Kharkiv and Mykolaiv regions, in the north and south of Ukraine, two of the officials said. ****** said this month that any ceasefire deal should reflect the “realities” on the ground but that he feared a short-lived truce which would only allow the West to rearm Ukraine. “If there is no neutrality, it is difficult to imagine the existence of any good-neighbourly relations between Russia and Ukraine,” ****** told the Valdai discussion group on Nov. 7. “Why? Because this would mean that Ukraine will be constantly used as a tool in the wrong hands and to the detriment of the interests of the Russian Federation.” Two of the sources said outgoing U.S. President Joe Biden’s decision to allow Ukraine to ***** ********* ATACMS missiles deep into Russia could complicate and delay any settlement – and stiffen Moscow’s demands as hardliners push for a ******* chunk of Ukraine. On Tuesday, Kyiv used the missiles to strike Russian territory for the first time, according to Moscow which decried the move as a major escalation. If no ceasefire is agreed, the two sources said, then Russia will ****** on. “****** has already said that freezing the conflict will not work in any way,” Kremlin spokesman Dmitry Peskov told Reuters hours before the Russians reported the ATACMS strikes. “And the missile authorisation is a very dangerous escalation on the part of the ******* States.” The Ukrainian foreign ministry didn’t immediately respond to a request for comment for this article. Trump’s communications director Steven Cheung told Reuters about the incoming U.S. president: “He is the only person who can bring both sides together in order to negotiate peace, and work towards ending the war and stopping the ********.” Real estate billionaire Trump, author of the 1987 book “Trump: the Art of the Deal”, has said he would speak directly to ****** in his efforts to forge a peace deal, though has given no details on how he might reconcile the warring sides, which both show scant sign of backing down. Ukrainian President Volodymyr Zelenskiy has said his country will not rest until every last Russian soldier is ejected from its territory – based on the borders it gained after the 1991 fall of the ******* Union – though top U.S. generals have said publicly that this is a very ambitious aim. On June 14, ****** set out his opening terms for an immediate end to the war: Ukraine must drop its NATO ambitions and withdraw all of its troops from the entirety of the territory of four Ukrainian regions claimed and mostly controlled by Russia. SECURITY GUARANTEES, ARMY LIMITS While Russia will not tolerate Ukraine joining NATO, or the presence of NATO troops on Ukrainian soil, it is open to discussing security guarantees for Kyiv, according to the five current and former officials. Other Ukrainian concessions the Kremlin could push for include Kyiv agreeing to limit the size of its armed forces and committing not to restrict the use of the Russian language, the people said. Dimitri Simes, who emigrated to the ******* States from the ******* Union in 1973 and is one of Russia’s best-connected experts on America, said a ceasefire agreement could be struck relatively swiftly to end the war, which has ******* hundreds of thousands of soldiers and displaced millions of civilians. But a wider, lasting deal that addressed both Ukraine and Russia’s security concerns would be extremely challenging to forge, he added. “A grand bargain, in my view, would be very difficult to reach as the positions of the two sides are very far apart.” ‘HARSH TRUTH: RUSSIA IS WINNING’ Russia controls 18% of Ukraine including all of Crimea, a peninsula it annexed from Ukraine in 2014, 80% of the Donbas – the Donetsk and Luhansk regions – and more than 70% of the Zaporizhzhia and Kherson regions. It also holds just under 3% of the Kharkiv region and a sliver of Mykolaiv. In total, Russia has over 110,000 square km of Ukrainian territory. Ukraine holds about 650 square km of Russia’s Kursk region. Domestically, ****** could sell a ceasefire deal that saw Russia hold onto most of the territory of Donetsk, Luhansk, Zaporizhzhia and Kherson as a victory that ensured the defence of Russian speakers in eastern Ukraine and safeguarded the landbridge to Crimea, according to one of the sources. The future of Crimea itself is not up for discussion, all the Russian officials said. One of the officials, a senior source with knowledge of top-level Kremlin discussions, said the West would have to accept the “harsh truth” that all the support it had given Ukraine could not prevent Russia from winning the war. ******, a former KGB lieutenant colonel who watched the ******* Union crumble while stationed in Dresden, took the decision to invade Ukraine himself with only limited counsel from a tiny group of trusted advisers, 10 Russian sources with knowledge of Kremlin thinking told Reuters. He will likewise have the deciding voice on any ceasefire, according to the five current and former officials. The Kremlin chief presents what he calls the “special military operation” in Ukraine as a watershed moment when Moscow finally stood up to what he sees as the arrogance of the West which enlarged NATO eastwards towards Russia’s borders and meddled in the politics of what Moscow considers as its own backyard, including Georgia and, crucially, Ukraine. Kyiv and the West say the invasion was an attempt to grab sovereign Ukrainian territory. When asked what a possible ceasefire might look like, two of the Russian sources referred to a draft agreement that was almost approved in April 2022 after talks in Istanbul, and which ****** has referred to in public as a possible basis for a deal. Under that draft, a copy of which Reuters has seen, Ukraine should agree to permanent neutrality in return for international security guarantees from the five permanent members of the U.N. Security Council: Britain, China, France, Russia and the ******* States. One of the Russian officials said there would be no agreement unless Ukraine received security guarantees, adding: “The question is how to avoid a deal that locks the West into a possible direct confrontation with Russia one day.” (Reporting by Guy Faulconbridge; Additional reporting by Steve Holland in Washington; Editing by Pravin Char) Source link #ExclusivePutin #ascendant #Ukraine #eyes #contours #Trump #peace #deal Pelican News View the full article at [Hidden Content]

New Final Fantasy 7 Visual Encyclopedia Gets Great Launch Discount At Amazon New Final Fantasy 7 Visual Encyclopedia Gets Great Launch Discount At Amazon The latest English translation in Square Enix’s Final Fantasy Ultimania book series is now available. Final Fantasy 7 Remake: Material Ultimania Plus, a visual encyclopedia centered on Final Fantasy 7 Remake Intergrade, released November 19. Amazon is offering a big launch discount that drops the price of the $40 hardcover to only $31. If you prefer digital books, a Kindle edition will release on December 24 and is available to preorder for $25. The new book is a sequel to Final Fantasy 7 Remake Ultimania–same title without “Plus”–which focused on the original version of FF7 Remake for PS4. Ultimania Plus is centered on the PS5 and PC version of FF7 Remake, including the Intermission story expansion. The book is filled with commentary, art, and maps, as well as new insights on the base game. $31 (was $40) If you’ve never picked up one of the Material Ultimania books, these are essentially dedicated Final Fantasy Wikis but in print form. Each one focuses on Final Fantasy games, typically compiling several into a single volume, but Final Fantasy 7 Remake is a special case due to the sheer size of the game. Final Fantasy 7 Remake: Material Ultimania Plus goes behind the scenes on the production of the game, and includes a wealth of additional content like cutscene storyboards, game scripts, and other planning materials, all accompanied by extensive commentary from the development staff. The 224-page hardcover also has gameplay walkthroughs with maps for Final Fantasy 7 Remake: Episode Intermission. If you’re looking to complete the set, you can pick up the first Final Fantasy 7 Remake: Material Ultimania for $25.49 (was $40) at Amazon. This 336-page hardcover includes a comprehensive collection of production art and CG art assets. Everything from character models, illustrations, locations, backgrounds, accessories, weapons, enemies, and more are covered in this encyclopedia. Gallery Final Fantasy Ultimania Archives Final Fantasy Ultimania Archive Square Enix’s Ultimania Archives series is worth checking out, especially if you’re a fan of the classic era of Final Fantasy. The first archive examines the NES and SNES eras of the franchise (Final Fantasy 1-6), the second volume shines a light on the PS1 era of games (Final Fantasy 7-9), and the third volume looks at the modern era (Final Fantasy 10-14). These deluxe hardcover books are 300-plus pages each and are filled with commentary and art that you won’t find anywhere else. Square Enix’s Ultimania books originally release in Japan before being translated to English for Western audiences. Not every book in the Ultimania series has received a translation, though. For instance, there’s a Chrono Trigger Ultimania that sadly is only available in *********. Final Fantasy fans may also want to check out Kingdom Hearts Ultimania, which collects art and commentary on the series prior to Kingdom Hearts 3. This one is available in English, and Amazon has it for $25 (was $45) right now. Final Fantasy 7 Novels Final Fantasy 7 has multiple official novels If you want to spend even more time in Final Fantasy 7’s world, there are a few official novels with new stories featuring the main cast. Traces of Two Pasts explores the backstories of Tifa and Aerith. FF Dot: The Pixel Art of Final Fantasy FF Dot If you’re particularly interested in the Ultimania books surrounding classic Final Fantasy games, you should also check out FF Dot. This tome features detailed sprite sheets that showcase the pixel composition of Final Fantasy’s characters, as well as the maps of the classic series, a look at the tools used to build them, and a special interview with Kazuko Shibuya, the character pixel artist for the Final Fantasy series. Speaking of pixel art, Final Fantasy I-VI Collection Anniversary Edition released last month. A reprint of the hard-to-find collection of Final Fantasy Pixel Remasters, the Anniversary Edition is on ***** for a substantial discount on PlayStation at Amazon. This wonderful compilation of the first six Final Fantasy games is also available for Nintendo Switch, though it’s only a few bucks off. Final Fantasy fans should also check out Amazon’s deals on The Sky: The Art of Final Fantasy Box Set and Yoshitaka Amano: The Illustrated Biography. Both of these collector’s sets revolve around the now-iconic art created by Final Fantasy’s original designer. Source link #Final #Fantasy #Visual #Encyclopedia #Great #Launch #Discount #Amazon Pelican News View the full article at [Hidden Content]

Oppo Reno 13 With Dimensity 8300 Chipset Spotted on Geekbench Ahead of Launch Oppo Reno 13 With Dimensity 8300 Chipset Spotted on Geekbench Ahead of Launch Oppo Reno 13 series is scheduled to launch in China on November 25. In recent weeks, the company has revealed the RAM, storage and colour options of the upcoming smartphones. Ahead of its anticipated debut, Oppo Reno 13, the base variant in the lineup, has been now spotted on a benchmarking platform, along with several of its specifications. The listing suggests that the successor to the Reno 12 may be powered by the same MediaTek processor that is also speculated to power the Reno 13 Pro model. Oppo Reno 13 Geekbench Listing First spotted by Gizmochina, Oppo Reno 13 has allegedly been listed on Geekbench with the model number PKM110, which is likely to be the China variant. It is said to be powered by an octa-core chipset with an ARMv8 architecture, one prime core clocked at 3.35GHz, three mid-cores operating at 3.20GHz, and four efficiency cores capped at 2.20GHz. While the chipset’s name isn’t stated, the listed clock speeds suggest it is speculated to be the MediaTek Dimensity 8300 SoC, which is also reported to power the Oppo Reno 13 Pro. The chipset may be paired with approximately 11.21GB of RAM, likely to be translated to 12GB of RAM, and the motherboard has “k6897v1_64” as its identifier. In the Geekbench 6.2.0 for Android AArch64 cross-platform benchmark, the upcoming Oppo Reno 13 had 1,256 and 3,958 single and multi-core scores, respectively. It is said to run on Android 15 and may adopt ColorOS 15 — the new operating system (OS) for Oppo and OnePlus smartphones that was unveiled in China last month. Oppo has already confirmed that the base Reno 13 model in China will be available in five RAM and storage configurations — 12GB + 256GB, 12GB + 512GB, 16GB + 256GB, 16GB + 512GB and 16GB + 1TB. At the moment, a single Butterfly Purple colourway has been confirmed, although it could be joined by other colour options too in the days leading up to the launch. Affiliate links may be automatically generated – see our ethics statement for details. Source link #Oppo #Reno #Dimensity #Chipset #Spotted #Geekbench #Ahead #Launch Pelican News View the full article at [Hidden Content]

Hunting ****** in the countryside as campaigners come face to face Hunting ****** in the countryside as campaigners come face to face BBC Byron John says he fell in love with hunting as a child “There’s only so many times you can turn a deaf ear to being called murdering *****,” smiles former fox hunt master, Byron John. He says it in a jokey way, as people tend to do when trying to deflect from a serious and emotionally difficult topic. It has been almost 20 years since hunting foxes with dogs was banned, but Mr John says he still finds himself in a “****** for survival” to keep elements of the sport he loves alive. For others, such as Dafydd Hughes, the ****** is quite different – he has spent 14 years following hunts around north Wales, trying to sabotage them, and doing his utmost to end hunting in all its forms. Are people still fox hunting 20 years after it was banned? The pursuit today is quite different to how it played out in the past. For the last decade, Mr John has championed a form of hunting that sees a human runner – rather than a fox – chased, he told BBC Wales Live. Other hunts have adopted trail hunting which sees a rag soaked in animal scent, such as fox ******, dragged along a trail for the hounds to follow. It is intended to replicate hunting without ******** animals, but critics claim it can be used as a “smokescreen” for the real thing. Last year the Scottish government banned trail hunting and limited the number of dogs being used in hunts to no more than two without a license. But now Mr John worries that if the *** government bans trail hunting, he may also be forced to close down his Three Counties Bloodhound group. The *** government said it had “ambitious plans to improve animal ********”. Back in the mid 2000s, just after the ban, Mr John was leader of the Carmarthenshire Hunt in rural west Wales. It was a role he had dreamed of having since childhood, but one he said he had gradually began to realise he could not keep. “In the run-up to the ban it very much felt that it was a class war,” he said. “You felt you were doing a pest control job for the farmer. But there are other ways in place now of doing that. “The world is changed.” The decades since the ban have been marked with ugly, sometimes violent, clashes between hunts and saboteur groups – who accuse them of breaking the law. These groups often attempt to use the hunts’ own tools against them – buying imitation horns and whips to try to distract the hounds. Mr John said he used to believe he was doing a “pest control job” for farmers Some saboteurs believe legislation has *******, and have taken it upon themselves to try and stop the hunts. “I’m at the point where it needs to be a complete ban on all types of hunting, simulated or not,” said Dafydd Hughes. He has spent the past 14 years pursuing hunts across the countryside of north Wales. Initially, he handed out leaflets on high streets as part of an animal rights group. But one experience led to him taking more direct action, as he added: “We were approached by one of the hunters from our local hunt who started shouting ****** and saying what a great day they’d had ******** foxes the week before. “So, the week after, just the three of us turned up at that hunt.” Dafydd Hughes tries to use whips and horns to distract foxhounds Unlike many saboteurs, the 46-year-old does not wear a mask – and was happy to be interviewed on camera. “I presume the hunts absolutely hate us,” he said. “We ruin their day. You’ve got to try to keep a cool head though. “It’s not easy to join a sab group – and it shouldn’t be. “You have to interview people who want to join, you don’t want troublemakers.” Mr Hughes – who was once found guilty of ******** for pushing a hunt supporter – admits violent incidents can happen. But he said the groups do what they can to check new members for “red flags”. “We’ll check out their social media and things. We need people who are interested in stopping fox hunting, not people who want to come out and ******,” he said. Mr Hughes said he believed a lot of hunts had “already folded” with “membership down” in recent years. Even though it is vastly different to how it was in the past, the hunt still divides opinion massively It was back in 2012 that Mr John made the decision to resign from his hunt – after losing confidence the ban would ever be overturned. Then spontaneously one Christmas, while his partner was away visiting family, he went out and bought a pack of bloodhounds. He now has 41 of the dogs, which he has trained to follow human scent. “I was having a taste for what else could be done, another way forwards,” he said. After researching his options, Mr John formed the Three Counties Bloodhounds – which take part in “clean boot hunting”. Dozens of families take part in Byron’s “clean boot” hunt As he explains, it means they still dress up in “all the strange gear” and use dogs and horses in a very similar way to fox hunting – but instead, the hounds are taught to only follow human scent. “We keep finding these absolutely eccentric people, who want to run ahead of a pack of hounds,” he said. The hunting veteran said he felt their way was the best way of “keeping tradition alive”, but admitted the “older generation” see him as “a Judas” who has “sold out”. “We get it from both sides,” he said. “I think in every form of life or any activity or any passion, there’s going to be extremes.” Three Counties Bloodhounds is hoping to appeal to younger generations Mr John said his group train their runners, who are employed by the hunt to flee from the dogs, to avoid badger and fox dens, as well as any other wildlife that could be ********** by them. But he fears a lack of understanding could lead to their hunt being banned if the *** government change the law again. “There have been so many instances of law breaking [by hunts],” said Mr John. “It’s been brought to the forefront by social media. “We feel that everyone gets tarred by the same brush and it’s not good. We feel the hostility and I think it’s unfair.” A spokesperson for the Countryside Alliance said the group felt the current Hunting Act was working and any prosecutions for ******** hunting demonstrated that. Rachel Evans from the Countryside Alliance in Wales said saboteurs had “no place” in the countryside. She added: “The tactics that the hunt saboteurs are using, trying to disrupt the day, such as using sprays and loud noises and hunting horns even – that can distract the hounds from their work. “Then the huntsman has to concentrate to pull them back in line and keep them out of danger. “The saboteurs obviously have no regard for the ******** of horses and hounds.” A spokesperson for the *** government said: “This government was elected on a mandate to introduce the most ambitious plans to improve animal ******** in a generation – that is exactly what we will do. “We will ban trail hunting that allows for the ******** hunting of foxes, deer, and hares.” Source link #Hunting #****** #countryside #campaigners #face #face Pelican News View the full article at [Hidden Content]

Following Rocky Launch, Warzone Players Believe Raven is Sabotaging Rebirth Island to Promote a Map Everyone Already Hates Following Rocky Launch, Warzone Players Believe Raven is Sabotaging Rebirth Island to Promote a Map Everyone Already Hates Call of Duty: Warzone is one of the most popular titles in the world right now if you are talking about battle royale games. This game brings an exciting last-man-standing experience in the avatar of our favorite franchise. Call of Duty: Warzone was released in 2020. | Credit: Raven Software. However, just like the recently launched title of the series, this game too is facing heavy backlash due to its maps. Things were getting steady when Raven just released one of its classic maps, but everything went down to the wire as the developers decided to pull it out of the rotation, just to save its most criticized map. Raven Removes Rebirth Island from Call of Duty: Warzone Rebirth Island is no longer available in Warzone. | Credit: Raven Software. On November 18, less than a week after Season 1 premiered, Rebirth Island made a comeback to Warzone with a new playlist. Only a few hours later, though, developer Raven Software announced that it would be taking the map out of rotation for the time being because of “map-specific issues.” #Warzone We’ve removed Rebirth Island from the playlist while we investigate map-specific issues. Other maps and modes remain unaffected. We will post updates here when we have more to share. — Call of Duty Updates (@CODUpdates) November 18, 2024 According to the studio’s official Call of Duty Updates Twitter account, “We’ve removed Rebirth Island from the playlist while we investigate map-specific issues.” They went on to say that the problem won’t affect any other maps or modes and that more updates will be released as soon as the studio is prepared. Fans will have to play either Warzone‘s new Area 99 Resurgence map or the expansive Battle Royale map, Urzikstan, in the interim as it is currently unknown how long it will take for Rebirth Island to return. Activision confirmed just before the premiere of Season 1 that the map would be a version from the early seasons of Modern Warfare 3, which caused disappointment earlier this month as well. This resulted in an intact Power Plant, no Superstore point of interest, and no accessible bunkers. Raven Did This On Purpose Area 99 is like Shipment but for battle royale. | Credit: Raven Software. Fans were delighted with the arrival of Rebirth Island in the game as Area 99 absolutely disgusted them. As the former is now out of the game, fans have no choice but to play the latter. That is why fans think this was a deliberate step from Raven “to get people to play Area 99.” Rebirth has been back 2 minutes and they’ve ALREADY Messed it up – Lighting is horrible – game freezes – audio is DEAFENING – guns are invisible when you pick them up Did they do this on purpose to get people to play area 99???? pic.twitter.com/xImIXsjSwM — Zyro (@Zyro_wz) November 18, 2024 This map was released on November 14th as part of Season One for ****** Ops 6. Hypes were at their peak before the launch of this map, but the map absolutely disappointed everyone. Frankly speaking, Area 99 lacked the depth and expansiveness of the battle royale experience, for which the game is known. Yes, if you love smashing players in close combat and want a fast-paced match with a high level of chaos, then it might suit you. But it’s not the iconic Shipment map from the franchise. It’s a battle royale match where your patience and resilience will be tested, and Area 99 ******* miserably in that. The number of squads and players feels unrealistically too high for the size of the map. It never delivered an opportunity for strategic and expansive battle royale gameplay. However, right now you have no choice because Rebirth Island is gone from the game. Source link #Rocky #Launch #Warzone #Players #Raven #Sabotaging #Rebirth #Island #Promote #Map #Hates Pelican News View the full article at [Hidden Content]

Fake Out or Breakout? Decoding Retail Stocks’ Next Steps Amid Market Challenges Fake Out or Breakout? Decoding Retail Stocks’ Next Steps Amid Market Challenges For Turnaround Tuesday, let’s reexamine the ETF , which we have tracked all year. Since February 2024, XRT has been in a massive consolidation. While the ETF recently looked poised for a breakout and a weekly close over $80, the disappointing news is that it has yet to happen. We are super focused on this ETF as not only did XRT fail to close above the 10-month consolidation, but it also impacted the rest of the Family. The () ******* to make new all-time highs. The reversed from its new all-time highs. These are 3 ‘inside sectors” of the market and the US economy. And a very good “tell” on just how effective the market feels new policies will be. Although looking at present, geopolitics and high interest rates are not helping confidence either. XRT is our “go-to” as even after Walmart (NYSE:) reported excellent earnings, XRT is made up of both and , which means it is a fair representation of consumer habits in the US. However, was that it? Will Granny test the low of the range, or make another valiant attempt to clear above the persistent price range? There are 2 charts featured. The daily and weekly timeframes. The Daily chart shows one close over the key $80 area without a second or even another day confirmation. At this point we can call that a fake out and not a true breakout. For now, XRT must hold the gap from the day after the election, which it did today. Then, XRT must rally back over 79 and close there. If XRT fails to hold the gap, there is a good chance the price drops back to the 50-DMA (blue). The weekly chart is even more important. Should XRT get a new high weekly close over 79.16, that would be better confirmation of a further rally likely. ETF Summary (Pivotal means short-term bullish above that level and bearish below) S&P 500 (SPY) 575 support 600 resistance Russell 2000 (IWM) 227 support 244 the area to clear Dow (DIA) 430 support Nasdaq (QQQ) 500 now pivotal Regional banks (KRE) 65 pivotal Semiconductors (SMH) 235 the 200-DMA to hold 250 resistance Transportation (IYT) Looks good if it holds over 71 Biotechnology (IBB) 132 support 138 now resistance Retail (XRT)  Support 77.30 resistance 79 iShares iBoxx Hi Yd Cor Bond ETF (HYG) 79.50 pivotal and back above Source link #Fake #Breakout #Decoding #Retail #Stocks #Steps #Market #Challenges Pelican News View the full article at [Hidden Content]

BYD's Denza brand debuts 710kW electric seven-seat luxury SUV BYD's Denza brand debuts 710kW electric seven-seat luxury SUV BYD’s premium Denza brand has unveiled a 710kW, 5.3-metre long electric seven-seat SUV at the Guangzhou motor show. Source link #BYD039s #Denza #brand #debuts #710kW #electric #sevenseat #luxury #SUV Pelican News View the full article at [Hidden Content]

Alan Wake 2 Surpasses 1.8 Million Units Sold Worldwide Alan Wake 2 Surpasses 1.8 Million Units Sold Worldwide A year after the launch of Alan Wake 2, Remedy Entertainment has shared the latest updates from its Capital Markets Day. In light of this event, Remedy Entertainment declared that their supernatural thriller, Alan Wake 2, achieved sales of 1.8 million units worldwide, exceeding the earlier figure of 1.3 million units sold as of early February 2024. Source link #Alan #Wake #Surpasses #Million #Units #Sold #Worldwide Pelican News View the full article at [Hidden Content]

Samsung Galaxy S25 Slim Camera Details Surface Online; Tipped to Use ALoP Technology Samsung Galaxy S25 Slim Camera Details Surface Online; Tipped to Use ALoP Technology Samsung Galaxy S25 Slim could join the upcoming Galaxy S25 series of handsets. Previous reports have claimed that the “Slim” version may come with watered-down features of the base Galaxy S25 variant. Now, a new ***** suggests the probable camera details of the Samsung Galaxy S25 Slim. The rumoured slimmer model is expected to be unveiled a few months after the launch of the flagship Galaxy S25 lineup. The Galaxy S25 series is tipped to be introduced globally at a Galaxy Unpacked event on January 22, 2025. Samsung Galaxy S25 Slim Camera Details (Expected) The Samsung Galaxy S25 Slim is expected to get a triple rear camera unit comprising a 1/1.56-inch 200-megapixel ISOCELL HP5 sensor, according to an X post by tipster Sanju Choudhary (@saaaanjjjuuu). The two other camera units are tipped to be 1/2.76-inch 50-megapixel ISOCELL JN5 sensors paired with an ultrawide lens and a telephoto shooter with 3.5x optical zoom. The tipster added that the Samsung Galaxy S25 Slim will likely use the company’s new All Lenses on Prism (ALoP) camera technology. It is claimed to reduce the size of a telephoto shooter and help maintain a slimmer camera module. Samsung Galaxy S25 Slim Launch (Expected) The Samsung Galaxy S25 Slim will likely be launched in the second quarter of next year or Q2 2025, according to the tipster. This suggests that we could see the handset in the market between the months of April and June. A similar timeline had previously been suggested as well. The phone is expected to compete with Apple’s purported thinner handset, tipped to be dubbed either the iPhone 17 Slim or iPhone 17 Air. Notably, the Samsung Galaxy S25 series, including the vanilla Galaxy S25, Galaxy S25+, and Galaxy S25 Ultra, is tipped to be unveiled at a Galaxy Unpacked event in San Francisco, US, on January 23, 2025. Owing to time zone differences, the phone could launch in certain markets on January 22. Source link #Samsung #Galaxy #S25 #Slim #Camera #Details #Surface #Online #Tipped #ALoP #Technology Pelican News View the full article at [Hidden Content]

S&P 500, Nasdaq Bulls Defend 20-Day MAs After Days of Selling – More Highs Ahead? S&P 500, Nasdaq Bulls Defend 20-Day MAs After Days of Selling – More Highs Ahead? After days of selling triggered by escalating events in Ukraine there was at least a modicum of relief for markets as buyers stepped in at 20-day MAs across lead indices. Because of this, breakout gaps remain intact and markets have the opportunity to return to their highs. Risk-reward can be worked off the lows (lowest low of the last 3 days). Those of a bearish persuasion may view recent gaps as potential “island reversals”, but if these prove true, then such overhead gaps can’t close. The () had produced the biggest breakout gap, but also suffered the hardest selling post-election. Today’s defense of the 20-day MA come with prior ‘sell’ triggers in the MACD (a weak signal from above the bullish zero line), and On-Balance-Volume. There ******** an ongoing battle between Small Caps and in the relative performance stakes and this hasn’t been resolved in favor of one or the other. The is holding the breakout gap from the ‘bull flag’. Unlike the Russell 2000, the index enjoys a bullish accumulation trend in On-Balance-Volume, although has existing ‘sell’ triggers in +DI/-DI and MACD and is underpeforming relative to the Nasdaq, despite the troubles in the latter index. The Nasdaq has continued to defend breakout support with the help of the 20-day MA. It was the only index to record an accumulation day at support. The index was in the process of accelerating its relative performance advantage over the S&P until the election blip, but it may be kicking off again in the Nasdaq’s favor. As for other indices, it has a ‘sell’ trigger in the MACD to overcome. Despite the good news, we still have to watch the and its breakdown. There are two things to watch. What the Semiconductor Index does once it makes its way back to former wedge support and convering moving averages? And if lead indices can build on today’s successful support tests. Source link #Nasdaq #Bulls #Defend #20Day #MAs #Days #Selling #Highs #Ahead Pelican News View the full article at [Hidden Content]

Ukraine minister discusses country’s energy future 1,000 days on from full Russian invasion Ukraine minister discusses country’s energy future 1,000 days on from full Russian invasion Speaking during a news conference while attending the UN’s climate talks in Azerbaijan, and on the day the world marked 1,000 days of Russia’s full-scale invasion of Ukraine, Grynchuk said Kyiv was trying to reduce it’s CO2 emissions while also fighting off Moscow’s forces. (AP video shot by Joshua A. Bickel) Source link #Ukraine #minister #discusses #countrys #energy #future #days #full #Russian #invasion Pelican News View the full article at [Hidden Content]

Early ****** Friday Gaming Chair Deals 2024: as cheap as $90 Early ****** Friday Gaming Chair Deals 2024: as cheap as $90 Update 11/13/24: If you’re thinking of snagging a new gaming chair, then the new early ****** Friday deals we’ve added may be right up your alley! We’ve also gone ahead and updated all the prices so you get the latest info, but you should check back regularly as we update our list. If you’re the type of person who games on for an hour or more, then having a proper gaming chair can make a big difference, and the upcoming ****** Friday ***** on November 29 is the perfect time to pick one up. There is a huge range of early ****** Friday deals on chairs out there, from leather to fabric and from budget to high-end, so a lot of it depends on your needs and may not even come down to buying one of the best gaming chairs on the market. That’s why we’ve gone out and collected a selection of great gaming chairs for you to check out. Also, if you’re putting together a whole new gaming setup, it might be worth checking out these early ****** Friday gaming PC deals, ****** Friday gaming laptop deals, and headset deals. GTPLAYER Gaming Chair — $80 $190 58% off GTPLAYER This GTPLAYER Gaming Chair is a great entry-level option if you’re looking to not spend too much money, and with this massive 58% discount, you’re getting it for just $80 instead of the usual $190. Surprisingly it does have some great features, like a footrest and lumbar support, so it’s well worth considering. Dowinx Gaming Chair Fabric with Pocket Spring Cushion — $160 $202 21% off Dowinx It’s not often that you see a fabric chair, and if you’re the sort of person who doesn’t like the feel of leather, then this Dowinx is an excellent option if you want to try out something different. It comes with a footrest, a 290-pound max weight, lumbar support, and a solid 21% discount. CORSAIR TC100 Fabric Gaming Chair — $236 $248 5% off Corsair You may be familiar with Corsair as the company that makes keyboards and mice, and if you’re looking to keep brand loyalty going, this gaming chair has quite a lot of great features. For $220 instead of $250, you get adjustable armrests, adjustable lumbar support, a gas lift, and 264 pounds of max weight. Arozzi Torretta Supersoft Upholstery Fabric Gaming Chair — $260 $400 35% off Arozzi If you like the idea of a fabric chair but want something with a few more features, this 35% discount on the Arozzi Torretta upholstered chair is probably the way to go. It comes with adjustable armrests, a bit better cooling, lumbar support, and a max weight of 265 pounds. Next Level Racing Go Kart Plus Simulator Cockpit — $394 $500 21% off Next Level Racing While this Next Level Racing Go Kart Plus Simulator Cockpit is ostensibly made for go-carting, there’s no reason you can’t use it for other motorsports as well. It has compatibility with quite a lot of various wheels and pedals, as well as a pretty excellent 21% discount. Arozzi Vernazza Series Premium XL Soft PU Gaming Chair — $430 $500 14% off Arozzi This Arozzi Vernazza Series comes with premium PU leather, so it’s perfect if you want something a bit higher-end, although it’s worth noting that it doesn’t come with an opening to help keep you cool. Even so, it has a solid $70 discount and comes with a full range of features like adjustable armrests and lumbar support. How to Choose a Gaming Chair on ****** Friday When it comes to gaming chairs, there are a few different options, but ultimately, a lot of it comes down to the sort of fabric you want and the size you are, and that really goes both ways. For example, if you’re on the larger side, it’s not just important to have a chair that can handle the weight but also adjustable armrests so you can find comfort. On the other hand, if you’re shorter, then you’ll want to grab a gaming chair that has a lower minimum height so you can comfortably rest your legs and feet on the floor instead of having them dangling in the air and being uncomfortable. Another thing to consider is whether you want any sort of ventilation for your gaming chair or not, and how much of it you need. Gaming for long periods, especially in hotter weather, can make you uncomfortably sweaty, so having an opening vent at the back can be helpful. Besides that, most gaming chairs have the similar features, such as lumbar support and side support so that your body sits in the chair and is hugged by it, so you don’t need to worry about those aspects as much. How We Chose These Gaming Chair ****** Friday Deals The biggest blocker of any gaming chair is going to be cost, and the reality is that many chairs marketed as gaming chairs are overpriced. That’s why we do our best to find excellent gaming chairs that are valued at or below what they offer, including any deals that are on them. That way, we do our best to ensure you’re not only getting the cheapest option but also the best bang for your buck so that you aren’t wasting any of your hard-earned money. We also appreciate that gaming chairs can be quite personal to each person’s needs, so having a good selection of various different types is important to give you the best chance at finding your perfect chair. Source link #Early #****** #Friday #Gaming #Chair #Deals #cheap Pelican News View the full article at [Hidden Content]

Microsoft Windows 365 Link Cloud-Based Mini PC That Resembles Apple’s Mac Mini Launched Microsoft Windows 365 Link Cloud-Based Mini PC That Resembles Apple’s Mac Mini Launched Microsoft Windows 365 Link Cloud PC was unveiled by the company on Tuesday. The company’s first Cloud PC device lets users quickly and securely connect to Windows 365. Microsoft’s new compact PC bears a resemblance to Apple’s Mac Mini M4, although there are differences in how the devices function. The PC has a thin and light build and runs a cloud-based version of Windows 11. The Windows 365 Link offers dual monitor connectivity, Wi-Fi, Bluetooth and more similar to the Mac Mini. It will be available in April 2025. Microsoft Windows 365 Link Price, Availability Windows 365 Link, announced at the Microsoft Ignite event 2024, will be available for purchase in select markets starting April 2025 with a price tag of $349 (roughly Rs. 30,000). However, Microsoft is allowing organisations in Australia, Canada, Germany, Japan, New Zealand, the ***, and the US to apply for the Windows 365 Link preview programme. Interested users in these regions can reach out to their Microsoft account team and request to join the preview programme by December 15, 2024. The launch of Windows 365 Link comes a month after Apple unveiled its new Mac Mini M4. The latter starts at Rs. 59,900 in India for the base model. The version with the M4 Pro chip costs Rs. 1,49,900. Microsoft Windows 365 Link Specifications The Windows 365 Link runs a cloud-based version of Windows 11 and houses an undisclosed Intel processor with 8GB of RAM and 64GB of storage. The device designed for corporate customers — specifically desk-based workers — offers dual 4K monitor support, along with Wi-Fi 6E and Bluetooth 5.3 connectivity. It offers support for high-performance video playback and conferencing. Microsoft states that it is working to support high-fidelity meetings with partner solutions such as Webex by Cisco. The Windows 365 Link is equipped with three USB Type-A 3.2 ports, a USB Type-C 3.2 port, an HDMI port, a DisplayPort, a 3.5mm headphone jack, an Ethernet port, a Kensington lock port, and a port for the power cord. The Windows 365 Link carries a locked-down operating system with no local data or apps, and no local admin users. Microsoft states that the elimination of local data and apps and admin rights reduces the chances of malware. It offers passwordless authentication using Microsoft Entra ID. Features like Secure Boot, the dedicated Trusted Platform Module, Hypervisor Code Integrity, BitLocker encryption, and the Microsoft Defender for Endpoint detection and response sensor can’t be turned off, further helping to secure the device. Organisations using Windows 365 with Microsoft Intune and Microsoft Entra ID and meeting existing Windows 365 requirements are eligible to use the Windows 365 Link. It is compatible with wired and wireless peripherals, monitors, audio devices, input devices like keyboards and mice, cameras, storage devices, and hubs. The Windows 365 Link measures 120x120x30mm. Source link #Microsoft #Windows #Link #CloudBased #Mini #Resembles #Apples #Mac #Mini #Launched Pelican News View the full article at [Hidden Content]

Gold Miners: Jurisdictional, Balance Sheet Risks Still Loom Large for the Sector Gold Miners: Jurisdictional, Balance Sheet Risks Still Loom Large for the Sector Jurisdictional risk is any additional risk that arises from doing business in a foreign country. The problem with this type of risk is that when it materialises, it does so without warning. As exemplified by two recent events, jurisdictional risk for gold mining companies is relatively high among the countries of West ******* (the countries highlighted on the following map). The first of these events was a statement in early-October from the president of Burkina Faso that the government may withdraw existing permits for mines. This statement affected a number of Western gold mining companies, including TSI stock selection Fortuna Mining (NYSE:). FSM currently generates about 25% of its gold production in Burkina Faso. The aforementioned statement by Burkina Faso’s president caused a 10% single-day plunge in the FSM stock price. The company put out a press release that soothed fears and the stock price quickly recovered, but the risk ******** and could move back to centre-stage at any time. The second of these events occurred early this week when Australia-listed Resolute Mining (ASX:), which is not a current TSI stock, advised that its CEO and two other employees had been detained by the government of Mali due to a disagreement over the government’s share of revenue from RSG’s Syama gold mine. In response to this news the RSG stock price immediately dropped by around 30% and, as illustrated by the following daily chart, is down by more than 50% from last month’s high. At the time of writing the employees are still being held ******** by the Mali government, which apparently is demanding a $160M payment. In response to the RSG news, the stocks of some other gold mining companies with substantial exposure to Mali were hit hard. The hit to the B2Gold (NYSE:) stock price was relatively mild, however, even though the company’s most important currently-producing mine (Fekola) is located in Mali. We assume that this is because the company negotiated a new agreement with the Mali government only two months ago. When nothing untoward happens in a country with high jurisdictional risk over a long *******, investors tend to forget about the risk and the risk discount factored into the stock prices of companies operating in that country becomes small. As mentioned at the start of this discussion, the problem is that when this type of risk materialises, which it eventually almost always does, there is never any warning and therefore never time to get out prior to the price collapse. This is not a reason to avoid completely the stocks of companies operating in high-risk countries, but it is a reason to only buy such stocks when the risk discount is high and to manage the risk via appropriate position sizing and scaling out into strength. Balance Sheet Risk Materialises WITH Warning Unlike jurisdictional risk, balance sheet risk doesn’t suddenly appear out of nowhere. The signs of trouble are almost always obvious for a long ******* before the ‘crunch’. If management doesn’t take decisive action soon enough to recapitalise the company, there will no longer be an opportunity to recapitalise in a way that doesn’t ******** a huge amount of shareholder value. On Wednesday of this week the shareholders of I-80 Gold Corp (NYSE:) learned this lesson. The IAU stock price was down 58% to a new all-time low on Wednesday 13th November in reaction to the company reporting its financial situation, operating results and a new development plan. In a nutshell, it was an acknowledgement that the company is under severe financial stress. However, this should not have come as a big surprise given that the company reported a working capital deficit of US$60M more than three months ago and has a loss-making business, meaning that the working capital deficit was bound to increase in the absence of new long-term financing. A strong balance sheet is especially important for gold mining companies that either are in the mine construction phase or have commenced production but are not cash-flow positive. That’s because such companies need a sizable ‘cash/financing cushion’ to stay in business. For exploration-stage companies, having such a cushion is not as critical because these companies can survive by either temporarily stopping their exploration work or doing the occasional small equity financing. The crux of the matter is that close attention should be paid to the balance sheet, which forms part of the information that public companies issue on a quarterly basis. Source link #Gold #Miners #Jurisdictional #Balance #Sheet #Risks #Loom #Large #Sector Pelican News View the full article at [Hidden Content]

************ olive harvest under threat from ******** settler attacks and restrictions ************ olive harvest under threat from ******** settler attacks and restrictions Family handout Hanan Abu Salameh, 59, was shot and ******* by an ******** soldier while she harvested olives On a Thursday afternoon towards the end of last month, a 59-year-old ************ woman set out to gather olives on her family’s land near the village of Faqqua, in the north of the occupied West Bank. It was something that Hanan Abu Salameh had done for decades. Within minutes, the mother of seven and grandmother of 14 lay dying in the dust of the olive grove, with a bullet wound in her chest – she’d been shot by an ******** soldier. Even though the family had co-ordinated their intention to pick olives with the ******* Defense Forces (IDF), according to her son Fares and husband Hossam, the soldier fired several shots as other family members fled for cover. The IDF says it’s investigating the incident, but Hanan’s grieving relatives have little hope or expectation that her ******* will be brought to justice. This wasn’t an isolated incident. Harvesting olives is an age-old ritual and also an economic necessity for many Palestinians, but, according to the UN, it is increasingly precarious. Farmers across the West Bank – internationally regarded as ************ land occupied by ******* – face heightened risks, like organised attacks by ******** settlers seeking to sabotage the olive harvest, along with the use of force by ******** security forces to block roads and Palestinians’ access to their lands. “Last year we couldn’t even harvest our olives, except for a very small amount,” says Omar Tanatara, a farmer from the village of Umm Safa. “At one point, the army came, threw the olives we’d already gathered on the ground, and ordered us to go home,” says Omar, who is also a member of the village council. “Some people were even shot at and olives trees were cut down with saws – that’s how we later found them,” adds Omar, as he and other villagers use small hand-held rakes to pull this year’s harvest from their remaining trees while they can. The olive harvest is a vital activity for the Palestianian economy in the West Bank Even when ******** and international activists accompany villagers to their olive groves, hoping to deter the threat, there’s no guarantee of safety. Zuraya Hadad instinctively winces as we watch a video of the incident in which her ribs were broken by a masked man wielding a large stick. The ******** peace activist had been helping ************ farmers pick their olives when she was assaulted without provocation. Rather than arresting her attacker, ******** soldiers, who’d accompanied settlers to the site, just told him to move on. “Even when we come to help, it doesn’t guarantee that the Palestinians can harvest their olives,” Zuraya tells me as she recovers from her injuries at home. “We try to raise awareness, but in the end it’s either the settlers steal the olives or cut the trees, or they remain unpicked and go to waste.” Land is at the heart of the decades-old conflict between ******* and the Palestinians – who controls it and who has access to it. For thousands of ************ families and villages, cultivating and harvesting olives is a big part of their economy. But many say that, in recent times, access to trees on their land has been impeded, often violently by ******** settlers. Hundreds of trees – which can take years to reach fruit-bearing maturity – have been deliberately burned or cut down, says the UN. More than 96,000 dunums (approximately 96 sq km; 37 sq miles) of olive groves in the West Bank also went uncultivated in 2023 because of ******** restrictions on access for ************ farmers. ******** peace activist Zuraya Hadad was attacked by a masked man as she accompanied ************ farmers to the harvest After being gathered by hand, villagers from Umm Safa take sacks full of olives to the nearby factory, where the presses have restarted this season. Olives are the most important agricultural product in the West Bank. In a good year, they’re worth more than $70m (£54m) to the ************ economy. But income was well down last year and this year will be even worse, says factory owner Abd al-Rahman Khalifa, as even fewer farmers are able to harvest their crop owing to attacks by settlers. “Let me give you an example,” he tells me. “My brother-in-law in Lubban – next to the ******** settlement – went to pick his own olives, but they broke his arms and they made him leave along with everyone who was with him.” “We, as Palestinians, don’t have petrol or big companies. Our main agricultural crop is olives,” he adds. “So, like the Gulf depends on oil, and the Americans on business, our economy is dependent on the olive tree.” On the hill overlooking the olive groves of Umm Safa stands an ******** settler outpost – a farm. The extremist settler who runs it, Zvi Bar Yosef, was sanctioned this year by the *** and other Western governments for repeated acts of ********* against Palestinians, including twice threatening families at gunpoint. Over the last year of the war in Gaza, ******* settlers have been emboldened by the support of far-right ******** ministers like Itamar Ben-Gvir. As national security minister, he has given out free firearms to hundreds of settlers and has encouraged them to assert their right to what – they say – is their “****-given” land. Ben-Gvir has also been accused of openly supporting the disruption of olive harvesting on ************ land. At the olive press, farmers wait patiently in the yard to witness the transformation of the olives they’ve been able to gather this year into “liquid gold”. The olive tree has been a symbol of this land for centuries. For generations of Palestinians, it is their link to the land – a link that is under threat now more than ever. Source link #************ #olive #harvest #threat #******** #settler #attacks #restrictions Pelican News View the full article at [Hidden Content]

****** Friday kitchen deals include the Breville Smart Oven Air Fryer at a record-low price ****** Friday kitchen deals include the Breville Smart Oven Air Fryer at a record-low price One of our favorite air fryer toaster ovens is on ***** for a record low. The Breville Smart Oven Air Fryer, which has 11 cooking functions and takes up less counter space than the pricier “Pro” model, is available for $80 off. The appliance will usually set you back $350, but this ****** Friday deal brings the brushed stainless steel mode down to $270. Most other colorways are down to $280. Breville’s Smart Oven Air Fryer has a long list of cooking functions: toast, bagel, broil, bake, roast, warm, pizza, air fry, reheat, cookies and slow cook. The oven uses five quartz heating elements known for quick and consistent heating. It uses algorithms to direct heat to where it’s needed most for each mode. The oven uses “super convection” tech to reduce cooking time by up to 30 percent. It speeds up cooking by raising hotter air and sinking the cooler, less dense air. It supports a wide temperature range of 120 to 450 degrees Fahrenheit. Breville Save $80 for ****** Friday on the brushed stainless steel model. $270 at Amazon The appliance requires a decent amount of counter space: 18.9-inch wide x 15.9-inch deep x 10.9-inch high. But in return, you can squeeze in six slices of pizza or toast, a whole chicken or nine muffins. Breville’s oven has a smooth-looking brushed stainless steel texture, including snazzy-looking knobs and buttons and an interior light that automatically turns on at the cooking cycle’s end. (You can also flip it on manually.) Check out all of the latest ****** Friday and Cyber Monday deals here. Source link #****** #Friday #kitchen #deals #include #Breville #Smart #Oven #Air #Fryer #recordlow #price Pelican News View the full article at [Hidden Content]

Target Earnings Preview: Revenue, EPS Growth in Focus as Holiday Sales Loom Large Target Earnings Preview: Revenue, EPS Growth in Focus as Holiday Sales Loom Large Target Corp. (NYSE:) engages in the operation and ownership of general merchandise stores. It offers food assortments including perishables, dry groceries, dairy, and frozen items. It has been modernizing the supply chain to compete with pure e-commerce players. It’s acquisition of “Shipt” to provide same-day delivery of groceries, essentials, home, electronics as well as other products. Target provides an array of owned & premium branded goods ranging from household essentials and electronics to toys and apparel for men, women, and kids. It also houses food and **** supplies, home furnishings and decor, home improvement, automotive products, and seasonal merchandise. It also offers in-store amenities, consisting of Target Caf’, Target Photo, Target Optical, Portrait Studio, Starbucks (NASDAQ:), and other food service offerings. TGT Q3 2024 reports earnings at 6:30 AM ET Wednesday, Nov 20, 2024 34 beats since Q2 2012 11 Misses since Q2 2012 Analyst Ratings Earnings Expectation Price Performance: Fundamentals: Option Statistics: Put/Call ratio for Nov. 22 expiry is 0.3349% more calls than puts which suggests the following three scenarios: With Put/Call ratio is lower than 0.50 for the next 3 upcoming expiry suggests that the traders are very bullish. Earning miss or lower guidance could trigger a short-lived sell-off followed by more buyers. Earning and guidance in line or better than estimates trigger a sharp rally. Key Highlights: Target strong omnichannel strategy has boosted traffic across both physical stores and digital platforms. TGT visitor traffic was up 1% YoY as per data from Placer.ai and has outpaced Walmart (NYSE:), which had 0.9% visitor growth YoY. Company strategy of price reduction for necessary items helped it to attract conscious shoppers to stores. The company has strategically charted a comprehensive course to strengthen its market presence and boost sales performance. This includes a significant investment of approximately $3-$4 billion in fiscal 2024, focused on expanding operations, attracting new customers, and optimizing services and supply chain facilities. Technical Analysis Perspective: TGT is gradually heading towards a long-term falling trendline from November 2021 high of 268.98, this week between 161 -169 range. A large complex inverse head and shoulders bullish formation is in the making which will be completed once the stock penetrates 185/186 resistance and may take a couple of weeks to months. The above-mentioned formation is a bullish pattern and appears as a base for the upcoming large move in the medium to longer term. Key obstacle post earnings are sitting between 161 -169 range, which if not taken out then a range trade between 161 to 145 will continue. TGT Weekly Chart TGT Seasonality Chart TGT 19 years seasonality suggests that it closes 2.7% higher in November 45% of the time. Conclusion: Technical setup suggests that the stock is forming a long-term base in the form of a large inverse head and shoulders, which will be triggered once prices break 185/186 and ******** valid as long as 132/130 support ******** intact. Key obstacle post earnings are between 161 – 169 range. A word of wisdom: Plan your trade and trade your plan. Source link #Target #Earnings #Preview #Revenue #EPS #Growth #Focus #Holiday #Sales #Loom #Large Pelican News View the full article at [Hidden Content]

Logan Paul accused of misleading fans over cryptocurrency investments Logan Paul accused of misleading fans over cryptocurrency investments Getty Images Logan Paul, the massively popular social media personality, is facing fresh questions over his cryptocurrency dealings amid ongoing concerns he may have profited from misleading fans. The BBC has seen new evidence suggesting he promoted investments without revealing he had a financial interest in them. The influence of Paul – whose YouTube channel has more than 23 million followers – appears to have caused prices in these investments to spike, leading to suggestions he could have profited from sales of any tokens he held. Paul also currently faces a multi-million-dollar lawsuit over a ******* crypto project called CryptoZoo. He denies any wrongdoing. The BBC has discovered that shortly before Paul tweeted about a particular crypto coin in 2021, an anonymous crypto wallet with close connections to his public wallet had traded in the coin. That anonymous wallet went on to make a $120,000 (£92,000) profit. Crypto wallets (which can be physical devices or an online service) hold users’ keys to their accounts, and let people send, receive and spend crypto. Our finding comes after Time Magazine reported similar activity involving a different cryptocurrency and another anonymous wallet. For several months, Paul refused to talk to the BBC about our investigation. Then he appeared to relent, inviting us to interview him at his gym in Puerto Rico. However, when our crew arrived, a Logan Paul lookalike turned up in the YouTuber’s place, shortly followed by a crowd shouting ****** about the BBC. Minutes after abandoning the interview, we received a lawyer’s letter on behalf of Paul, warning us of the possible consequences if we published our findings. Meme coins Logan Paul built a worldwide following as an internet celebrity by uploading short video clips, first to the now-closed platform Vine, and then on YouTube. About three years ago, Paul’s videos began mentioning cryptocurrency (crypto, as it is commonly known) more and more. Crypto is a form of digital money that uses secure technology to work, without the need for a central bank. In 2021, Paul promoted a series of extremely high-risk crypto tokens called “meme coins”. These are usually inspired by internet jokes or memes and are supported by online communities. Meme coins have no other real purpose other than to be traded and, since they have no intrinsic worth, their value can – and often does – drop to zero. Paul extolled the virtues of an Elon Musk-themed meme coin known as Elongate. “Elongate made me rich. Elon baby let’s go!” Paul announced in a video clip to Maverick Club, his subscription-only fan club. Following this namecheck, the price of Elongate rose by over 6,000% to an all-time high. It then remained at that price for a few hours before it crashed. We cannot be sure of Logan Paul’s intentions when he released his clip. However, it seems likely that his mention of Elongate affected its price. Tech journalist Will Gotsegen says crypto is a market driven to some extent by social media and influencers: “A big guy with a lot of influence… someone like Logan Paul, buys a tonne of crypto and tells their followers about it. They’re going to buy it too.” Getty Images Logan Paul has now branched out as a star of US wrestling The anonymous crypto wallet analysed by the BBC appears to have close connections to Paul. Anyone can see the transactions made by a wallet, but the owner can choose to remain anonymous. If an owner attaches their name or personal details it becomes a public wallet. We could see that the wallet first received funds in February 2021 from a public wallet owned by Logan Paul. It then started buying and trading crypto. Logan Paul: Bad Influence? Logan Paul, one of the biggest social media influencers in the world, is facing criticism for his role in promoting cryptocurrency projects. Matt Shea investigates the allegations. Speaking to law enforcement and alleged victims, and trying to get close to the man himself, Shea seeks to finally answer the question: did Logan Paul do anything wrong? Watch on BBC Three at 21:00, 20 November or on BBC iPlayer shortly after broadcast The wallet was later paid funds from Maverick Club and held Elongate when Paul promoted it on 10 May 2021. Shortly after, it also traded in another Musk-related meme coin – after Paul had tweeted that it was headed “to the moon”. In the crypto community, this means someone believes the price of the coin is about to ****** up. About an hour before Paul’s tweet, the unknown wallet purchased almost $160,000 (£123,000) worth of the token. The tweet prompted an influx of buyers, spiking the price. Twelve hours later, the wallet sold most of its holding. The total profit made from this trade appears to be just over $120,000 (£92,000). Logan Paul chose not to respond to the BBC’s allegations regarding the crypto wallet, the trading that occurred within it, or his connection to it, despite responding to some of our other requests via his legal team. ***** Doink In June 2021, Paul also promoted a meme coin called “***** Doink”. Anyone who bought it would own shares in a cartoon character that resembled a metal coil. They would earn a portion of its earnings if it appeared in a TV show or film. Paul promoted the token on Twitter (as the site was then known), and told a Telegram group dedicated to ***** Doink that he “believed” in it, saying: “I think it’s going to go crazy.” Again, this led to a huge influx of buyers, causing ***** Doink’s value to spike. Then – following a familiar pattern – large-scale holders of the token began selling, causing its price to fall by 96% in just two weeks. Time Magazine analysed another anonymous wallet that had bought ***** Doink prior to Logan Paul’s promotion of the coin and then sold its holding shortly after. This wallet later sent $100,000 (£78,000) to Paul’s public wallet. When the BBC asked the influencer about this wallet, his lawyers did not deny that it belonged to him, or was held for his benefit, but were adamant that the $100,000 that was transferred was not related to ***** Doink. They do accept that Paul traded ***** Doink, but say he only made $17,000 (£13,400). Puerto Rico For several months, Paul refused to be interviewed by the BBC. Then, unexpectedly, he agreed to talk to us at the boxing gym in Puerto Rico that he co-owns with his brother. We sent Paul a list of the allegations we wanted him to respond to, and his PR team requested we travel to the Caribbean island, so he could answer in person. They also insisted we flew into the island while it was being pummeled by Tropical Storm Ernesto, which had knocked out power to hundreds of thousands of people. At the gym, we noticed a strange atmosphere – with a suspicious number of his own cameras pointed at us. Paul’s assistant insisted our cameras should be recording from the moment the star entered the room, because of his strict schedule and timekeeping. Then things became even stranger. Instead of Logan Paul, a lookalike arrived and sat down in front of our reporter, Matt Shea, and began impersonating the YouTuber. We called him out and began complaining to Paul’s assistant, asking whether the real Logan Paul would be coming. At that moment, a group of people suddenly appeared, apparently from nowhere, wielding banners and shouting that the BBC were “paedophiles”. We had flown all that way just to be trolled. “This is ridiculous”: BBC interview with Logan Paul lookalike goes awry In the past few years, a number of celebrities have run into legal trouble for promoting crypto to followers without disclosing that they had vested interests. Kim Kardashian was fined $1.26m (£1m) in 2022 for promoting a token called EthereumMax on her Instagram account. According to Gary Gensler, the head of the Securities and Exchange Commission (SEC), the body policing the US investment industry, if a celebrity is promoting a particular crypto token, they are “supposed to tell you if they get paid, how much they get paid, whether they own the tokens, whether they made money on the tokens, whether they actually know something about the project”. Gary Gensler, head of the SEC: Celebrities should be open about their financial links with crypto CryptoZoo Logan Paul is now facing a lawsuit concerning his next venture in crypto – CryptoZoo. This was marketed as an online trading card game, but instead of cards, CryptoZoo was to use NFTs (non-fungible tokens) – collectible pieces of digital art that can have a value of their own. To play CryptoZoo, it was necessary to buy a cryptocurrency called Zoo Token, that could then be used to buy NFT “eggs”. These eggs were supposed to eventually hatch into NFT “animals” that would breed and give birth to NFT “hybrid animals” with names like penguin-shark and panda-fin. Paul’s team claimed these hybrid animals would somehow make participants money by passively generating more Zoo Tokens. “It’s a really fun game that makes you money,” he told his audience shortly ahead of the launch in September 2021. CryptoZoo attracted about $18.5m (£14.3m) in investment. Rueben Tauk – a 21-year-old from north-east England – was among the Logan Paul fans who bought into CryptoZoo. “I was really excited to be part of something that he was doing.” However, the game was beset by problems from the moment it was released. “We were given certain expectations about features that would be released,” Rueben told us. “A lot of the time those features wouldn’t work. “After a certain point, you start to realise that something’s wrong.” Rueben Tauk lost £33,000 investing in CryptoZoo The value of the Zoo Tokens and the eggs started to plummet. Rueben says he personally lost £33,000. At least 130 investors are now involved in a lawsuit against Paul (Rueben is not one of them). They claim they lost about $4.2m (£3.25m). The lawyer behind the claim, Tom Kherkher – himself a popular YouTuber on legal affairs – says the ******** to deliver the game forms only part of the case. He says leaked messages reveal Paul and his team were involved in a “stealth launch” of the Zoo Tokens, allowing them to quietly buy in at a low price. “The team appeared to agree that they can begin selling once the total value of all the Zoo Token in circulation hits $200m [£157m],” he says. “If you had that document with that exact verbiage issued by a CEO of a publicly traded company, they would be charged with ****** in two seconds. That is insider trading.” Paul has repeatedly denied any wrongdoing relating to CryptoZoo. Instead, he has ***** the blame on other members of the team whom he also says ******* to deliver the promised features. Earlier this year, Paul announced a partial compensation scheme for disappointed investors. He promised to refund people who had bought the NFT eggs, but only if they agreed not sue him for anything relating to CryptoZoo. Paul is also bringing a libel claim against one of his online detractors in the USA, for claims made about his motives. Logan Paul’s immense popularity depends on his fans, and shows little sign of declining. Reuters 2023: KSI (left) and Logan Paul publicise their soft drink, Prime, in Copenhagen In recent years, Paul has turned his hand to boxing and wrestling, as well as launching the drinks company Prime, with British influencer KSI. The product became notorious for its viral launch – with only a limited stocks made available, Prime spawned a re-***** market with bottles being advertised for hundreds of pounds. It was a testament to both Logan Paul and KSI’s influence over their primarily young audience. However, for at least one fan, his image has been tarnished for good. “Once you listen to someone and trust what they’re saying and they betray that trust,” says Rueben Tauk, “their words don’t mean anything to you any more.” Additional reporting by Ben Milne and Daisy Bata Source link #Logan #Paul #accused #misleading #fans #cryptocurrency #investments Pelican News View the full article at [Hidden Content]