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If the U.S.-China Trade Reset Holds, These 3 Stocks Could Fly If the U.S.-China Trade Reset Holds, These 3 Stocks Could Fly On May 11, the United States and China agreed to a 90-day pause in their trade dispute. The United States agreed to slash tariffs from 145% to 30%, and China agreed to reduce its reciprocal tariffs from 125% to 10%. The glass-half-empty crowd will fall back on the saying: the ****** is in the details. Even in the best of times, ******** stocks carry some risk. Even though the companies are listed on U.S. exchanges, there is an opaqueness to the companies’ finances that can be troubling. Now add in weakness in the ******** economy and the overhang of a trade war, and you can understand why investors want some clarity. However, there’s plenty of reason to be optimistic about this news. A more productive trade relationship between the two countries will boost investor confidence, support technological advancements, and enable global expansion. With that in mind, here are three companies that are having strong years, but may be among the biggest beneficiaries of a trade deal between the United States and China. A Pullback May Create an Opportunity in BABA Stock Alibaba (NYSE:) Group Holding is one of the world’s largest e-commerce and cloud computing companies. Like many software companies, Alibaba’s AI initiatives shouldn’t face too much tariff trouble. The same can’t be said for its e-commerce business. One way that Alibaba could benefit from easing tariff restrictions is with its AliExpress platform, which generates a significant amount of international revenue. The opportunity for this business is a key reason BABA stock jumped over 5% on the day after the pause was announced. Alibaba reported earnings just a few days after the tariff pause was announced. On May 15, the company posted $32.6 billion (236.5 billion ). That was slightly lighter than analysts’ forecasts, but it was up 7% year-over-year (YOY). However, the company’s earnings per share of $1.74 were lighter than estimates of $1.78. That was enough to cause investors to take some profit off the table. BABA stock is up 45% for the year as of May 15. With the stock falling below its 50-day simple moving average (SMA), investors may be getting a better entry point. A Trade Agreement May Allow BYD to Press Its Advantage The electric vehicle (EV) market hasn’t revved up in the United States as many expected. The same can’t be said of China. That’s why BYD stands to be a winner from a better trade environment. Although it outpaces Tesla (NASDAQ:) by many key metrics, many U.S. consumers may not be familiar with BYD. Existing tariff policy makes it difficult to impossible for BYD to sell its cars in the United States. But the company has invested in creating a manufacturing footprint in the United States and is also considering building a plant in Mexico. However, for now, the country generates virtually all of its revenue in China. It’s also popular in many other Southeast Asian countries, including Singapore, where it recently topped Toyota Motor (NYSE:) in sales for the year. Investors, however, are very familiar with the company. BYDDF stock is up 57% in 2025. That’s continuing the strong performance that started last year and has rewarded investors with an 89% gain in the last 12 months. BYD crushed its first quarter 2025 numbers. Revenue of $23.47 billion was 34% higher YOY. It was an even stronger story with earnings per share of 42 cents, coming in 90% higher YOY. Global Expansion and AI-Driven Growth: Tencent’s Path Forward Like Alibaba, Tencent Holdings (OTC:) Limited reported earnings a few days after news of the tariff pause. The company delivered revenue of $24.98 billion, which was 13% higher YOY. Tencent cited a surge in gaming revenue as well as AI-driven growth in ad sales for the strong report. The revenue growth was so strong that investors overlooked a slight miss on earnings. Like many of U.S. technology stocks, Tencent is making significant investments in AI. This report shows that those investments are starting to generate tangible benefits for investors. Of the three companies on this list, Tencent is less obviously impacted by tariff concerns. Most of the company’s revenue is generated in China. Still, the company has international ambitions that will be made easier with a better trade environment. TCEHY stock is up 27.6% in 2025 and 31.5% in the last 12 months. Original Post Source link #U.S.China #Trade #Reset #Holds #Stocks #Fly Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Retail to the Rescue: Why the April Selloff Didn’t Stick Retail to the Rescue: Why the April Selloff Didn’t Stick Markets have staged a sharp rebound in early May, recovering most of the losses triggered by the tariff-driven volatility of April. While institutional desks were hesitant, caught in a bind between rising rates and mixed earnings revisions, the biggest buyers this time were clear: retail investors. That’s no longer a footnote. It’s the new market reality. The behaviour of retail investors is changing—less reactive, more resilient, and structurally long. And their impact is reshaping how selloffs unfold and recover. From Panic to Discipline: Retail Has Grown Up The April drawdown had all the makings of a prolonged correction. Tariff headlines, deteriorating breadth, a spike in volatility, and a pushing 4.3% would normally be enough to spark a deeper rout. But this time, something different happened: retail stepped in. Not in a frenzied, Reddit-fuelled rush—but in a steady, informed way. Retail investors bought the dip, averaged down across broad index exposures, and rotated into names with solid long-term prospects. This isn’t speculative behaviour—it’s financial maturity. Many of these investors came of age during COVID. They watched the March 2020 ****** turn into the biggest bull market of their lives. They understand compound growth. They follow Bogle, not Buffett. And when the S&P dropped below its 200-day average in April, they didn’t flinch. They clicked ‘Buy’. Structural Tailwinds: The Power of the Default Bid Much of this is no longer behavioural—it’s structural. Thanks to decades of behavioural economics reform, U.S. retirement systems now inject a steady biweekly bid into the market. Auto-enrolment in 401(k) plans, auto-escalating contribution schedules, and default allocations to target-date funds have created a powerful, recurring flow. It doesn’t care about . It doesn’t read . And it doesn’t sell. This flow—pioneered by advocates like Richard Thaler and implemented across major corporate plans—is arguably one of the most underappreciated sources of liquidity in today’s market. It helped stabilise the late-April lows and fuelled the first leg of the rebound into May. Boomers Aren’t Selling, Either Another often-ignored factor: the anticipated ‘boomer liquidation wave’ hasn’t arrived—and likely won’t in the way bears had expected. The silent generation and baby boomers lived through rationing, recessions, and runaway inflation. Their instinct isn’t to spend—it’s to preserve. Most are drawing down conservatively, if at all. Dividend income is often enough. Selling pressure from this cohort is muted—and will remain so for years. This creates a kind of passive float. A generation holding more than $70 trillion in assets is spending less aggressively than models predicted, adding to market stability even in moments of stress. Index Funds and Investor Education: Bogle’s Enduring Legacy The late Jack Bogle did more than create index funds—he rewired how people think about investing. That legacy is now being institutionalised in retail behaviour. The mantra of “time in the market beats timing the market” has gone from niche wisdom to mainstream doctrine. ETFs and index funds now absorb volatility with clinical indifference. They don’t panic. They don’t rebalance based on vibes. They just stay invested—and increasingly, so do their holders. This means that corrections, once fueled by cascading redemptions, now face a counterweight of automated, buy-and-hold capital that’s unfazed by volatility. Retail Momentum Meets Institutional Value There’s also a fascinating dynamic at play: the rise of retail ‘far-out thinking’—momentum, narrative conviction, and “diamond hands”—has created a floor that institutional capital increasingly respects. Retail traders often get mocked for chasing frothy names, but they’ve also been first into many of the defining trades of this cycle: Tesla (NASDAQ:), , Nvidia (NASDAQ:), even AI infrastructure. Meanwhile, institutions lean toward value, cash flow, and pricing power. It’s not a clash—it’s a complement. The market is better balanced than it’s been in years. Momentum buyers push trend. Value desks anchor price. And when they both agree—as we saw in early May—the bounce has teeth. Closing Thought: A Market That’s Learning The post-April recovery isn’t just about earnings or rates. It’s about evolution. Retail investors are no longer just a source of volatility—they’re part of the market’s foundation. Auto-bids, conservative boomers, and index-tracking discipline are providing a stronger base. And in this bounce, it showed. The next time volatility hits, we may not need to ask, “Where’s the bid?”—because the answer might already be programmed, funded, and waiting to deploy. Source link #Retail #Rescue #April #Selloff #Didnt #Stick Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Pregnant, brain-dead Georgia woman kept alive due to state abortion ban – National Pregnant, brain-dead Georgia woman kept alive due to state abortion ban – National A medically brain-dead pregnant woman in the U.S. state of Georgia is being kept alive on a ventilator until her baby can be born because removing the patient’s life support would constitute an ******** abortion based on state laws. Adriana Smith, a 30-year-old mother and nurse, has been in a vegetative state since February. However, doctors are unable to humanely end her life due to Georgia’s strict anti-abortion legislation, which came into effect after the Supreme Court’s landmark ruling to overturn Roe v. Wade in 2022. 2:17 Roe v. Wade overturned: Abortion rights campaigners protest on 1 year anniversary of historic decision Previous Video Next Video Story continues below advertisement Though legally dead, Smith will likely remain on life support for months until her baby can be safely delivered. Smith’s mother, April Newkirk, told Atlanta news station WXIA in February that her daughter had been experiencing intense headaches, and was admitted to Northside Hospital more than three months earlier, but was released after receiving medication. Get weekly health news Receive the latest medical news and health information delivered to you every Sunday. The morning after being released, Smith’s boyfriend woke up to her gasping for air and called the emergency services. Medical staff at Emory University Hospital determined she had blood clots in her brain and declared her brain dead. More on World More videos Newkirk said Smith is now 21 weeks pregnant. A full-term pregnancy is anywhere between 39 weeks to 40 weeks and six days, according to the U.S. Department of Health and Human Services, and removing her breathing tubes and other life-saving supports would likely kill the fetus. Neither hospital can comment on her case because of confidentiality laws, but Emory released a statement saying it “uses consensus from clinical experts, medical literature, and legal guidance to support our providers as they make individualized treatment recommendations in compliance with Georgia’s abortion laws and all other applicable laws.” “Our top priorities continue to be the safety and well-being of the patients we serve,” it concluded. According to Smith’s family, her doctors said they are unable to switch off the machines keeping her alive because Georgia’s abortion laws forbid abortion after cardiac activity is detected in the fetus. Trending Now RFK Jr. wavers on vaccines, says not to heed his medical advice ********* real estate market entering a ‘transition *******,’ says CREA Story continues below advertisement The law was adopted in 2019 but came into effect in 2022, which paved the way for state-specific abortion bans. Currently, there are 12 states banning abortion at all stages of pregnancy, and three, including Georgia, prohibit it after about six weeks. Georgia’s Living Infants Fairness and Equality (LIFE) Act permits abortions if the pregnancy poses a threat to the mother’s life. An abortion is also allowed if the pregnancy is medically futile or the result of ***** or *******, in which case it can be aborted up to 20 weeks of gestation — but both of these situations require a police report. Smith’s family, including her five-year-old son, visits her in the hospital regularly, but Newkirk told WXIA that the fetus has fluid around its brain and that they are concerned for its health. “She’s pregnant with my grandson. But he may be blind, may not be able to walk, may not survive once he’s born,” Newkirk told the local outlet. Monica Simpson, the executive director of the organization SisterSong, the primary plaintiff in a legal challenge to the state’s abortion ban, told the Guardian that Smith’s situation also raises issues over her family’s right to make decisions about her medical care. “Her family deserved the right to have decision-making power about her medical decisions,” Simpson said. “Instead, they have endured over 90 days of retraumatization, expensive medical costs, and the cruelty of being unable to resolve and move toward healing.” Story continues below advertisement Currently, the plan is to keep Smith on life support until the child can survive outside the womb; they are considered “viable” from about 24 weeks, according to the American College of Obstetricians and Gynecologists. &copy 2025 Global News, a division of Corus Entertainment Inc. Source link #Pregnant #braindead #Georgia #woman #alive #due #state #abortion #ban #National Pelican News View the full article at [Hidden Content]

Retroid Pocket 5 Gaming Handheld Is Now Available At Amazon Retroid Pocket 5 Gaming Handheld Is Now Available At Amazon The Android gaming handheld scene is bursting with options, but the Retroid Pocket 5 offers arguably the best performance for the price among today’s retro handhelds. Released late last year, the sleek portable sports powerful hardware capable of running high-end native Android games and apps, while also doubling as great portable for streaming console and PC titles. It has a custom frontend for retro games and is powerful enough to run sixth- and some seventh-generation console games. The Retroid Pocket 5 was initially only available through the manufacturer’s online store, but now the device is finally available through Amazon, where it’s priced at $259 with free shipping. Amazon has four different color options available as of May 16. The retailer sold out quickly the other day, and delivery wait times are currently around two weeks. Retroid Pocket 5 handheld at Amazon: Amazon’s price is higher than Retroid’s $219 base price, but shipping is free from Amazon, while Retroid charges at least $30-$50 for shipping, depending on your region and delivery speed, meaning buying from Amazon costs about the same–or even cheaper–depending on your region. $259 If you’re unaware of the Retroid Pocket 5, the handheld device is one of the premier Android handheld currently on the market. It has a 5.5-inch 1080p touch screen, two thumbsticks, a D-pad, and all the standard face and shoulder buttons you’d expect from a modern gaming device. It’s also got beefy specs for its size and price, running an Adreno 650 GPU and Snapdragon 865 processor, 8GB RAM, and 128GB of internal storage–which you can expand thanks to the included microSD slot. It comes with Android 13 installed out of the box. Along with the conventional Android OS interface, the Pocket 5 has a custom frontend launcher for retro games. It’s strong enough to run many Android games natively, and more than enough horsepower to handle GameCube and PS2-era games you purchased. That said, there are no preinstalled games on the system, so you’ll need to download and install them via Google Play or other storefronts like the Epic Game Store, or stream them over the Xbox Game Pass Android app, Nvidia Now, or with a remote play app on Xbox, PS5, or Steam. Luckily, the Retroid Pocket 5 supports WiFi 6 and Bluetooth 5.1 connectivity, and playing games remotely offers a smooth experience–assuming your home network is stable. Source link #Retroid #Pocket #Gaming #Handheld #Amazon Pelican News View the full article at [Hidden Content]

This budget-friendly Allied gaming PC is on ***** for just $600 This budget-friendly Allied gaming PC is on ***** for just $600 Gamers who want a budget-friendly upgrade should check out the Allied Stinger gaming desktop while it’s on ***** at Best Buy. Its configuration with the Nvidia GeForce GTX 1050 Ti graphics card is already relatively affordable at its original price of $880, but it’s currently down to just $600 following a $280 discount. That’s one of the lowest prices you’ll see for a solid machine from gaming PC deals, and you’re going to have to hurry with your purchase if you’re interested because the stocks up for ***** may run out at any moment. Why you should buy the Allied Stinger gaming PC The Allied Stinger is an entry-level gaming PC that will let you play the best PC games — though you’re going to have to go with low to medium settings for modern titles. The Nvidia GeForce GTX 1050 Ti graphics card isn’t new, but it set the bar for budget video card performance when we reviewed it, and it still pulls its weight today. Combined with the AMD Ryzen 5 4500 processor and 16GB of RAM, which our guide on how much RAM do you need says is the best place to start for a gaming PC, you’ll be getting a gaming desktop that’s pretty solid for its low price. The 1TB SSD of the Allied Stinger gaming PC will let you build a library with several video games, and you can start installing and downloading right after you set up the gaming desktop because it ships with Windows 11 Home. The gaming desktop also has multi-display capabilities, for those who like to play on dual monitors. The Allied Stinger gaming PC with the Nvidia GeForce GTX 1050 Ti graphics card already offers excellent value at its sticker price of $880, so gamers on a budget wouldn’t want to miss this chance to get it for an even more affordable price of $600. The gaming desktop isn’t going to stay at $280 off from Best Buy for long though — in fact, it could be back to its regular price as soon as tomorrow. If you want to take advantage of this opportunity to get the Allied Stinger gaming PC for a much lower price than usual, you should complete your transaction for it immediately. Source link #budgetfriendly #Allied #gaming #***** Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Symbotic Gets Big Earnings Lift: Is the Stock Investable Again? Symbotic Gets Big Earnings Lift: Is the Stock Investable Again? For warehouse robotics company Symbotic Inc (NASDAQ:), breaking records on important business metrics was key to its latest big post-earnings move. Symbotic shares saw a significant 6% rise after the industrial company’s latest earnings report came out on May 7. This would be a big move for many stocks, but it actually is rather measured for Symbotic. Aside from this one, Symbotic’s last 10 earnings releases have resulted in one-day share movements of 10% or more. The results from Symbotic were positive, and the company is now nearly half a year removed from a disastrous announcement made in late November 2024. The company announced a big restatement of its financials. This left some investors wondering if they could trust the firm’s numbers. Shares plummeted around 37% in one day as a result, calling into question whether investing in the stock at all is a prudent decision. So, what are the main takeaways from Symbotic’s latest results? Has the company now regained enough trust to become investable again? Symbotic Beats Big on Sales Growth In its fiscal Q2 2025 results, Symbotic reported brisk sales growth of 40%, significantly exceeding Wall Street analyst estimates of approximately 33% growth. The company also reduced its net loss by around 61% to $21 million, which aligned with expectations. Symbotic also saw its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) rise nearly four times from $9 million to $35 million. In fiscal Q3, Symbotic is expecting midpoint sales of $530 million. This was around $35 million below expectations. At first glance, these headline numbers present a mixed picture, creating confusion around why Symbotic shares rose strongly. But for Symbotic, several underlying metrics are particularly important and are big reasons for the stock’s substantial rise. Symbotic Sets Three New Records on Key Underlying Metrics Among the most important underlying metrics for Symbotic is the company’s adjusted gross margin. Symbotic builds complex robots that improve warehouse operations. Assembling and installing these systems is very costly. Symbotic’s adjusted gross margin reveals how well it controls these costs. It helps to set the maximum profitability levels for the whole company. Luckily for Symbotic, the company posted its highest adjusted gross margin ever last quarter of over 22%. Two other key metrics for Symbotic are system deployment starts and completions. These measure how many new systems the company started installing and how many they finished installing. These are important because Symbotic has a backlog of $22.7 billion. This is equal to nearly 11 times the revenue the firm generated over the past 12 months. However, Symbotic has to make significant progress in actually installing these systems before it can recognize this backlog as revenue. Thus, starting and completing systems means the company can recognize this revenue faster. Symbotic also achieved records on both fronts. The company started a record 10 deployments in Q2. It also completed eight system deployments, double the company’s previous record of four. Another encouraging sign was that Symbotic’s installation speed improved greatly. When adjusted for project size, the time from installation to customer acceptance was 30% shorter than the company’s historical average. This helps the company recognize revenue faster. It also lowers total installation costs, which boosts margins. The company noted that finishing several lower-margin projects in fiscal Q1 2025 allowed it to complete higher-margin projects this quarter, lifting overall margins. The company expects this, as well as installation speed improvements, to continue. “Investable” Is Creeping Into the Vocabulary Around Symbotic There has been no talk about Symbotic’s past accounting issues on earnings calls since November 2024. Overall, it is unlikely that there will be much discussion of this, unless it is for a bad reason. Only a prolonged ******* of no new issues can truly ensure that Symbotic has this under control. However, it is notable to point out that Symbotic’s accounting issues were much less concerning than those of a company like Super Micro Computer (NASDAQ:). The huge demand for the company’s products is undeniable when looking at its backlog. Its faster deployment speed is also a good sign, especially as progress on this front seemed to have stagnated in previous quarters. But these figures are historically lumpy, and there could be a reversion in progress in the coming quarters. Risk remains on both the accounting and deployment fronts. Symbotic is moving closer to being investable again. It might already be there for those willing to take on these risks. Original Post Source link #Symbotic #Big #Earnings #Lift #Stock #Investable Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

How Lakruwana Built a Haven for Sri Lankan Culture and Cuisine on Staten Island How Lakruwana Built a Haven for Sri Lankan Culture and Cuisine on Staten Island The 212 column revisits New York institutions that have helped define the city, from time-honored restaurants to unsung dives. Much of Bay Street, which runs parallel to Staten Island’s north shore, is a mix of nondescript restaurants and stores — a pizza place here, a barbershop there. But the Sri Lankan restaurant Lakruwana, housed in a brick building on the corner of Bay and Broad Streets, is impossible to miss. Its street-level facade, painted a vivid rose red, features a mural of dancing princes and elaborately dressed elephants. A five-foot-tall stone Buddha and a gleaming brass door mark the entrance. As soon as I walked inside on a recent gray spring day, I was seduced by the smells of roasted green chile, garlic and coconut. Countless artworks and artifacts line the dining room: stone sculptures of Hindu gods, wooden masks, spears, straw baskets and water *****. There are two life-size mannequins in traditional Sri Lankan wedding dress, the groom in a dazzling headpiece made of gold yarn and red sequins, set at the end of a small bar. Around the tables are chairs with impossibly high backs, elongated triangles fashioned out of ****** wrought iron and rope. Brightly painted red-and-yellow shutters hang from one of the walls. Even the bathrooms have witty visual interest. My favorite sign reads, “The Liar Falls Into Hell.” The restaurant’s founder, Lakruwana Wijesinghe, who immigrated to the United States in 1975 from Kiribathgoda, a suburb near Colombo, Sri Lanka’s largest city, designed the chairs and shipped them along with everything else to New York in a 40-foot container. He was determined to put as much as possible of his home country into the restaurant, including huge wall panels set with native pink stones. “[The design] was all my father’s idea,” says Julia, 26, Lakruwana’s daughter, who helps run the restaurant. “His name was Ruwan but, when he got his American citizenship, he wanted to put the word ‘luck’ in it, and the sound in our language is “lak,” so he became Lakruwana Wijesinghe,.” Against the wall on a ledge beside the entrance is a long row of earthenware pots used for the lively all-you-can-eat weekend brunch, a fragrant and colorful feast consisting of three types of rice (red, white, fried), pork curry, pineapple curry and coconut sambal, among other dishes. For dessert, there’s mango mousse, caramel pudding and three other custardy sweets. A highlight for regulars — which you’ll need to order à la carte — is the lamprais, a traditional dish with a recipe, according to the restaurant, that is more than 300 years old. Each one is basically a combo platter — at Lakruwana, a mix of rice cooked in a spice-laden stock, slow-cooked meat (chicken, beef, pork or lamb), cashew curry, banana curry, stir-fried eggplant, a fried hard-boiled egg, a sardine cutlet and seeni sambal (caramelized onion relish) — all wrapped in a banana leaf and steamed together. Other dishes on the menu feature Sri Lankan rice flour noodles, stir-fried with green chiles, onions and garlic and served with various coconut-based curries (pork, beef, lamb, shrimp or cashew, thickened with yuca and kale). Most fun of all are the hoppers, crispy pancakes made from fermented rice batter and shaped into bowls. They’re filled with lamb stew or curry and eaten with godamba roti, a flatbread described on the menu as a “square-shaped flour handkerchief.” Julia’s mother, Jayantha, does all the cooking using her own family’s recipes. She moved to New York from Germany when she was 18 in 1984 and staying with friends in the city. On that most romantic of all New York conveyances, the Staten Island Ferry, she met her future husband. The young couple opened their first restaurant at 44th Street and Ninth Avenue in Manhattan in 1994 and branched out to Staten Island in 2001. Fifteen years ago, they opened in their current location, at 668 Bay Street, transforming what had been a run-down bar into this fantastical portal to a small island nation nearly 9,000 miles away. It isn’t the only Sri Lankan restaurant on Staten Island — the borough is home to the largest Sri Lankan community in the state, which is among the largest in the country — but it’s arguably the most transporting. Before the Wijesinghes bought their home on Staten Island they had lived in Queens. “City people,” says Julia. “I was only 1 when we moved to Staten Island, so I grew up here. I’m more of an islander.” Lakruwana is only eight and a half miles from my apartment in SoHo, but I couldn’t help feeling like an islander myself, if just for the afternoon, as I sat in the middle of the Wijesinghes’s dining room, surrounded by this magical other world. Source link #Lakruwana #Built #Haven #Sri #Lankan #Culture #Cuisine #Staten #Island Pelican News View the full article at [Hidden Content]

“He Ought to Keep His Mouth Shut Until He’s Back Into the Country” “He Ought to Keep His Mouth Shut Until He’s Back Into the Country” Yahoo is using AI to generate takeaways from this article. This means the info may not always match what’s in the article. Reporting mistakes helps us improve the experience.Generate Key Takeaways The post Trump Warns Springsteen: “He Ought to Keep His Mouth Shut Until He’s Back Into the Country” appeared first on Consequence. Earlier this week, Bruce Springsteen launched his “Land of Hope and Dreams Tour” in Manchester, England. The opening concert proved to be a decidedly political affair, as the New Jersey rocker repeatedly took aim at the Trump Administration with a series of pointed speeches throughout the night. “In my home, the America I love, the America I’ve written about, and has been a beacon of hope and liberty for 250 years, is currently in the hands of a corrupt, incompetent, and treasonous administration,” Springsteen proclaimed at the top of the concert. Later, he remarked, “A majority of our elected representatives have failed to protect the American people from the abuses of an unfit president and a rogue government.” Get Bruce Springsteen Tickets Here It seems Donald Trump has finally got wind of Springsteen’s comments (possibly via Fox News), and on Friday, he responded in a post on Truth Social. “I see that Highly Overrated Bruce Springsteen goes to a Foreign Country to speak badly about the President of the United States. Never liked him, never liked his music, or his Radical Left Politics and, importantly, he’s not a talented guy — Just a pushy, obnoxious JERK,” Trump wrote. He then issued what some may perceive as a not so subtle threat: “This dried out ‘prune’ of a rocker (his skin is all atrophied!) ought to KEEP HIS MOUTH SHUT until he gets back into the Country, that’s just ‘standard fare.’ Then we’ll all see how it goes for him!” Springsteen wasn’t the only musician to draw Trump’s ire on Friday: he also gloated about Taylor Swift’s perceived waning popularity (she’s just on vacation). Trump Springsteen Popular Posts Subscribe to Consequence’s email digest and get the latest breaking news in music, film, and television, tour updates, access to exclusive giveaways, and more straight to your inbox. Source link #Mouth #Shut #Hes #Country Pelican News View the full article at [Hidden Content]

Taiwan Semiconductor Stock Is The Gift That Keeps on Giving Taiwan Semiconductor Stock Is The Gift That Keeps on Giving Most investors in the technology sector have had to deal with the volatility born out of President Trump’s recent trade tariffs. These tariffs were rolled out against some of the United States’ biggest trading partners, centered on China and other Asian regions. This targeting matters because this region is the most responsible for providing the global supply chain for semiconductors and chips used in everyday products and services. This volatility has shaken out some of the biggest and most important names in this industry, swaying the risk-to-reward ratios in a direction that leaves most participants unsure of where they can be safe, if anywhere. In times like these, keeping exposures focused on solid fundamental themes that show themselves in the price action itself is key, though that is a very broad definition of what needs to be done. Zooming into details, market share and pricing power should be at the top of the list of factors that justify a position, with most of everything else concerning defensive price behavior. This is where shares of Taiwan Semiconductor Manufacturing (NYSE:) come into play, showing investors why it should be the first pick of the litter, especially compared to other big names in the space. TSM Outshines NVIDIA? It is somewhat obvious that NVIDIA (NASDAQ:) Co. is regarded as the king of the semiconductor and chipmaking industry since it has earned most of the market’s attention and price action subsequently. However, NVIDIA is the middleman between what it takes to make industry-leading semiconductors and selling these finished products to customers who need them. Before NVIDIA, higher up in the value chain is Taiwan Semiconductor, which has earned itself a prominent spot at the top of the semiconductor equipment manufacturing space, whose technology and raw materials allow companies like NVIDIA to produce the powerful chips that have brought it to fame. In that sense, there wouldn’t be a NVIDIA without Taiwan Semiconductor, giving the latter a much more important place in the market without having all the attention and volatility that the “King” NVIDIA calls on itself. On a technical basis, this theme shows up in beta, a mathematical measure of a stock’s volatility relative to a benchmark like the S&P 500 index. To get specific, Taiwan Semiconductor stock has a beta of 1.3x, which is significantly below NVIDIA stock’s beta of 2.1x. Moving forward, this means that NVIDIA shareholders will likely see their portfolio values swing more aggressively, which is never a desirable situation, especially when the broader market is already as volatile as it is today. TSM Price Action Shows Preference for Safety This doesn’t mean investors should distrust their positions in NVIDIA, but they should be aware that volatility is more prevalent in this name than Taiwan Semiconductor stock. Following this idea, investors can also see that one stock outperformed the other over the past month, showing the market’s preference for safety rather than speculation today. Taiwan Semiconductor stock left NVIDIA behind by just over 3% on the month, which shouldn’t have been the case on a technical basis, considering that a higher beta works in favor of an uptrend to deliver outsized returns. Given that NVIDIA couldn’t beat Taiwan Semiconductor stock on an up-trending month, it’s somewhat safe to assume that the market prefers Taiwan Semiconductor’s safety. This preference is not only rooted in the technical volatility standpoint, but likely also focused on the fundamental fact that the company is directly tied to any success that NVIDIA might report, given that it is one of the main suppliers of the raw materials necessary to produce chips. At the same time, it isn’t just NVIDIA that supports Taiwan Semiconductor’s position in the industry, but also other major names in the United States market, such as Apple Inc (NASDAQ:). and others in the consumer electronics corner of the economy. The final checkpoint for investors to confirm this preference is a more recent development through reported institutional buying activity. As of mid-May 2025, allocators from Price T Rowe Associates decided to boost their holdings in Taiwan Semiconductor stock by as much as 19.1%, bringing their net position to a high of $2 billion today, another sign of confidence and preference for the company moving forward in this volatile market. Original Post Source link #Taiwan #Semiconductor #Stock #Gift #Giving Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

CoreWeave pops 60% this week on AI growth momentum, big Nvidia stake CoreWeave pops 60% this week on AI growth momentum, big Nvidia stake CoreWeave CEO Mike Intrator testifies before the Senate Committee on Commerce, Science, and Transportation in Washington on May 8, 2025. Intrator and fellow tech leaders testified about the global artificial intelligence race and how the United States can remain competitive. Chip Somodevilla | Getty Images CoreWeave investors are having a big week. Shares of the artificial intelligence infrastructure provider are up nearly 60% gain in the past five trading days, lifting the company’s market cap to about $38 billion. CoreWeave has more than doubled in value since its IPO in late March. The company got a big boost after reporting 420% revenue growth in its first earnings report as a public company on Wednesday. Guidance surpassed full-year expectations as well. A day later, CoreWeave revealed that major supplier Nvidia holds a 7% stake, up from its pre-IPO holdings. Nvidia’s holdings are now worth about $2 billion after this week’s pop. The outperformance makes CoreWeave a standout in a market that’s seen few IPOs of late, though there are signs that more companies are poised to debut. CoreWeave was the first pure-play AI IPO, and provides investors with a way to bet on the promise of generative AI, which has boomed in popularity since the launch of OpenAI’s ChatGPT in late 2022. CoreWeave said this week that OpenAI had agreed to a four-year deal worth up to $4 billion, on top of a nearly $12 billion commitment announced in March. OpenAI on Friday announced a research preview of Codex, an AI agent that can perform several software engineering tasks at once. Last week, CoreWeave CEO, Mike Intrator testified at a Senate hearing in Washington, D.C., alongside OpenAI CEO Sam Altman, Advanced Micro Devices CEO Lisa Su and Brad Smith, Microsoft’s president and vice chair. WATCH: I was concerned about CoreWeave stock being too hot heading into the quarter, says Jim Cramer Source link #CoreWeave #pops #week #growth #momentum #big #Nvidia #stake Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

CoreWeave pops 60% this week on AI growth momentum, big Nvidia stake CoreWeave pops 60% this week on AI growth momentum, big Nvidia stake CoreWeave CEO Mike Intrator testifies before the Senate Committee on Commerce, Science, and Transportation in Washington on May 8, 2025. Intrator and fellow tech leaders testified about the global artificial intelligence race and how the United States can remain competitive. Chip Somodevilla | Getty Images CoreWeave investors are having a big week. Shares of the artificial intelligence infrastructure provider are up nearly 60% gain in the past five trading days, lifting the company’s market cap to about $38 billion. CoreWeave has more than doubled in value since its IPO in late March. The company got a big boost after reporting 420% revenue growth in its first earnings report as a public company on Wednesday. Guidance surpassed full-year expectations as well. A day later, CoreWeave revealed that major supplier Nvidia holds a 7% stake, up from its pre-IPO holdings. Nvidia’s holdings are now worth about $2 billion after this week’s pop. The outperformance makes CoreWeave a standout in a market that’s seen few IPOs of late, though there are signs that more companies are poised to debut. CoreWeave was the first pure-play AI IPO, and provides investors with a way to bet on the promise of generative AI, which has boomed in popularity since the launch of OpenAI’s ChatGPT in late 2022. CoreWeave said this week that OpenAI had agreed to a four-year deal worth up to $4 billion, on top of a nearly $12 billion commitment announced in March. OpenAI on Friday announced a research preview of Codex, an AI agent that can perform several software engineering tasks at once. Last week, CoreWeave CEO, Mike Intrator testified at a Senate hearing in Washington, D.C., alongside OpenAI CEO Sam Altman, Advanced Micro Devices CEO Lisa Su and Brad Smith, Microsoft’s president and vice chair. WATCH: I was concerned about CoreWeave stock being too hot heading into the quarter, says Jim Cramer Source link #CoreWeave #pops #week #growth #momentum #big #Nvidia #stake Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Ukraine and Russia far apart in first direct talks, but prisoner swap agreed Ukraine and Russia far apart in first direct talks, but prisoner swap agreed More than three years into Europe’s deadliest war since 1945, there was a small step forward for democracy on Friday. Delegations from Ukraine and Russia came face to face for talks for the first time since March 2022 – one month after Moscow invaded its neighbour. The setting was an Ottoman- era palace on the shores of the Bosphorus in Istanbul. Pressure and encouragement from Turkey and the US helped get the warring parties there. There were no handshakes, and half the Ukrainian delegation wore camouflage military fatigues – a reminder that their nation is under attack. The room was decked with Ukrainian, Turkish and Russian flags – two of each – and a large flower arrangement – a world away from the shattered cities and swollen graveyards of Ukraine. Turkey’s Foreign Minister, Hakan Fidan, told the delegations there were two paths ahead – one road leading to peace, and the other leading to more death and destruction. The talks lasted less than two hours and sharp divisions soon emerged. The Kremlin made “new and unacceptable demands,” according to a Ukrainian official. That included insisting Kyiv withdraw its troops from large parts of its own territory, he said, in exchange for a ceasefire. While there was no breakthrough on the crucial issue of a truce – as expected – there is news of one tangible result. Each side will return 1,000 prisoners of war to the other. “This was the very good end to a very difficult day,” said Ukraine’s Deputy Minister of Defence Serhiy Kyslytsya, and “potentially excellent news for 1,000 Ukrainian families.” The swap will take place soon, said Ukraine’s Defence Minister Rustem Umerov, who led his country’s delegation. “We know the date,” he said, “we’re not announcing it just yet.” He said “the next step” should be a meeting between Zelensky and Putin. That request was “noted” according to the head of the Russian delegation, Vladimir Medinsky – a presidential aide. He said the Russian delegation was satisfied with the talks, and ready to continue contacts. He said the Russian delegation was satisfied with the talks, and ready to continue contacts. That was a change from Thursday when Russia’s Foreign Ministry called President Zelensky “a clown and a loser.” But there are fears – among Ukraine and some of its allies – that Russia is engaging in diplomacy simply to buy time, to distract from international pressure for a ceasefire, and to try to stave off the 18th round of European sanctions. The EU says they are already in the works. And while the two sides have now sat around the table, President Trump has said the only talks that count will be those between him and President Putin. He announced on Thursday, mid-flight on Air Force One, that “nothing’s going to happen until Putin and I get together.” It’s unclear when that meeting will be. The Kremlin spokesman Dmitry Peskov says top-level talks are “certainly needed,” but preparing a summit will take time. Whenever those talks happen, President Zelensky is unlikely to be invited. Source link #Ukraine #Russia #direct #talks #prisoner #swap #agreed Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Lost in Random: The Eternal Die is a Fresh Roll of the Dice | COGconnected Lost in Random: The Eternal Die is a Fresh Roll of the Dice | COGconnected Lost in Random: The Eternal Die is a sequel to 2021’s Lost in Random, moving the game world to the action RPG/roguelike genre. Source link #Lost #Random #Eternal #Die #Fresh #Roll #Dice #COGconnected Pelican News View the full article at [Hidden Content]

Toxic waste is spilling onto beaches as rising seas erode landfills Toxic waste is spilling onto beaches as rising seas erode landfills Old landfill rubbish revealed in sea cliffs by coastal erosion on Walney Island, *** Global Warming Images/Alamy To the already very long list of problems caused by global warming, add toxic waste in old landfills exposed by coastal erosion and polluting beaches and seas. “There is not lots of toxic waste spilling out at the moment, but there will be in the future,” says Andrew Russell at Queen Mary University of London. The average global sea level has already risen by around 0.3 metres… Source link #Toxic #waste #spilling #beaches #rising #seas #erode #landfills Pelican News View the full article at [Hidden Content]

3 Small-Cap Stocks With Room to Run Despite Tariff Headwinds 3 Small-Cap Stocks With Room to Run Despite Tariff Headwinds This week’s rally is particularly encouraging for investors who like to invest in small-cap stocks. The index, widely considered to be the small-cap index, is up about 3.8% for the week. This continues the momentum that’s been building for the last month, in which the index has climbed 15.7%. Small-cap stocks are particularly sensitive to interest rates. Many of these companies rely on debt for their operations, which means, in some cases, it would be harder for companies to absorb higher tariff charges. Interest rates may not be coming down as fast or far as these companies expected. In the case of tariffs, the progress between the U.S. and China is encouraging, but there’s a difference between working toward an agreement and having an agreement done. That said, investors can expect more volatility in the next 90 days. But that shouldn’t keep you away from the small-cap stocks in this article. Each has a reason investors can believe in, no matter what happens with tariffs and interest rates. 1. This Beaten-Down Stock Can Help Rev Up Your Portfolio When it comes to auto parts stocks, there are other names you can consider. AutoZone Inc (NYSE:) and O’Reilly Automotive Inc (NASDAQ:) are the two most frequently mentioned. But those are large-cap names that, for now, don’t have much upside according to analysts. That’s one reason Advance Auto Parts (NYSE:) Inc. is an attractive choice. Short sellers have beaten this stock down, but analyst sentiment suggests that may have gone too far. The analyst forecasts give AAP stock a consensus Hold rating, but they have a $45.13 price target, which would be a 38% gain from its closing price on May 14, 2025. AAP stock is trading near its 52-week low but has climbed over 5% in the past week amid renewed bullish market sentiment. The stock currently trades at around 42x earnings, which is pricey to itself as well as the sector. However, with short interest sitting above 17%, just a little bullish movement could force shorts to settle their position. A short squeeze alone doesn’t justify owning AAP stock. But the company’s turnaround plan, which has included closing underperforming stores, appears to be working, particularly regarding its balance sheet. 2. Made in America Could Make This Stock a Comfortable Fit The constrained housing market has taken away one source of discretionary spending. That’s been bad news for consumer discretionary stocks in general, and in particular, those of furniture makers like La-Z-Boy Inc (NYSE:). However, the maker of the iconic reclining chair may have a leg up, particularly if the tariff war gets hotter than expected. That’s because the Michigan-based company is relatively well protected against tariffs. Much of its production happens in the United States. However, about one-third of its products are exposed to China. The company will also be affected by fluctuating commodity prices. LZB stock is already having a good year. It’s up about 20%, and some of that may be due to its Made in America positioning. At around 14.9x earnings, LZB stock is a little expensive compared to itself, and the stock recently broke above its 50-day simple moving average (SMA). Like many small-cap stocks, LZB doesn’t receive much analyst coverage. However, in late April, KeyCorp (NYSE:) upgraded the stock from Sector Weight to Overweight and offered a $46 price target. 3. An Analyst Upgrade Makes This Stock’s Future More Clear The first two names on this list may be familiar to many investors, who are also consumers. National Vision Holdings (NASDAQ:) Inc. is most likely not a household name. However, this $1.47 billion eyecare company recently received a bullish upgrade from Bank of America. The analyst raised EYE stock to a Buy from Underperform and increased its price target to $22 from $13. The question for investors is why? National Vision is in the middle of executing a strategic plan that includes improved pricing strategies. In 2024, the company raised prices by 10% to 15% in some cases. So far, consumers are not resisting those prices. That will be important because while National Vision has little exposure to tariffs, the company is anticipating about $10 to $15 million in increased costs, reflecting the 10% of the company’s cost of goods sold (COGS) tied to China. One note of caution: Since the Bank of America upgrade, EYE stock has climbed over 50%. That means investors may want to wait for a pullback before taking a position or adding to their current one. Original Post Source link #SmallCap #Stocks #Room #Run #Tariff #Headwinds Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

‘My children go to sleep hungry,’ Gazans tell the BBC ‘My children go to sleep hungry,’ Gazans tell the BBC “Give me some,” 6-year-old Ismail said while waiting for food in Gaza As crowds gathered at a food distribution point in northern Gaza, six-year-old Ismail Abu Odeh fought his way to the front. “Give me some,” he called out. His bowl was filled with lentils, but as he made his way back, it was knocked out of his hands. He returned to his family’s tent crying. An uncle who had managed to get some food later shared some with Ismail. The following day, no deliveries of water or food arrived at the displacement camp where he lives, located in a school in Gaza City, and the people gathered there were left with empty bottles and bowls. Ismail cried again. The BBC has spent the past two days speaking to people across Gaza, as Israel ramps up its military action and continues a more than 10-week total blockade on food, medical supplies and other aid. There are mounting warnings from the United Nations and others that the enclave is on the brink of famine. Ismail cried after no food or water was delivered to the camp where he lives The Israeli government insists there is “no shortage” of food in Gaza and that the “real crisis is ****** looting and selling aid”. Government ministers have described the stoppage of aid as a “main pressure lever” to secure victory over ****** and get all the hostages out. There are still 58 hostages in Gaza, up to 23 of whom are believed to be alive. Israel does not allow international journalists free access to Gaza, so our communication has been over phone calls and WhatsApp messages, and through trusted ************ freelancers who live in the territory. Those who spoke to the BBC described their struggle to find even one meal a day, with food kitchens shutting down because of the shortages and few items in the markets. Items that are still available are at highly inflated prices that they cannot afford, they said. A man running one of the remaining food kitchens in Gaza said he was operating “day by day” to find food and oil. Another man we spoke to said the kitchen he volunteered at had closed 10 days ago when supplies ran out, describing it as a “disastrous feeling”. Reuters One 23-year-old woman living in north Gaza said “dizziness has become a constant feeling” as well as “general weakness and fatigue from the lack of food and medicine”. Adham al-Batrawi, 31, who used to live in the affluent city of al-Zahra but is now displaced in central Gaza, said hunger was “one of the most difficult parts of daily life”. He said people had to get “creative just to survive”, describing through WhatsApp messages how he would over-cook pasta and knead it into a dough before cooking it over a fire to create an imitation of bread – a staple in the ************ diet. “We’ve invented ways to cook and eat that we never imagined we’d need,” he said. He added that the one meal a day he had been eating recently was “just enough to get us through the day, but it’s far from enough to meet our energy needs”. Half of Adham al-Batrawi’s family home in al-Zahra was destroyed, he told the BBC Elsewhere in central Gaza, in the city of Deir al-Balah, nurse Rewaa Mohsen said it was a struggle to provide for her two young daughters, aged three and 19 months. She said she had stockpiled nappies during the ceasefire earlier this year but that these would run out in a month. Speaking over WhatsApp on Thursday, she said her daughters had grown used to the sounds of bombing that would ring through the apartment. “Sometimes I feel more afraid than them,” she wrote, adding that she would distract her children with colouring books and toys. The next day, over voice note she said evacuation orders had been issued for her area before an Israeli strike hit a nearby building. When she returned to her home to “clean the mess”, she found that the doors and windows had been blown off. “Thank God that I am still alive with my girls,” she said. When asked if she would stay in the apartment, she responded: “Where else will I go?” Across Gaza, medics described the impact of the blockade on medical supplies and said they no longer felt safe at work following Israeli strikes targeting hospitals. Nurse Randa Saied said she was working at the European Hospital in Khan Younis when it was hit in an Israeli strike this week, describing it as a moment of “pure terror and helplessness”. Israel has long accused ****** of using hospitals as covert bases and for weapons storage, which the group denies. The European Hospital is no longer operating, but Randa said staff and patients had moved to the nearby Nasser Hospital. “Our patients are mothers, sons, daughters and siblings – just like us. We know deep in our hearts that our duty must not end, especially now when they need us the most,” she said. Reuters Images from the European Hospital in Khan Younis show piles of rubble on the floor Staff at Nasser and other hospitals in Gaza told the BBC the blockade meant they were running short on basic supplies like painkillers and gauze, and had to shut down some services. The US has confirmed that a new system for providing humanitarian aid to Palestinians in Gaza through private companies is being prepared, with Israeli forces set to secure the centres’ perimeters. The United Nations has criticised the plan, saying it appears to “weaponise” aid. Back in Gaza City, Ismail’s father said he struggled with no longer being able to provide for his six children. “My children go to sleep hungry,” he said. “Sometimes I sit and cry like a little kid if I don’t manage to provide food for them.” Source link #children #sleep #hungry #Gazans #BBC Pelican News View the full article at [Hidden Content]

Capcom Fighting Collection 2 Review | TheSixthAxis Capcom Fighting Collection 2 Review | TheSixthAxis TSA writes: Capcom Fighting Collection 2 is another fantastic compilation of fighting games, drawing from the early noughties and the Dreamcast’s finest. Source link #Capcom #Fighting #Collection #Review #TheSixthAxis Pelican News View the full article at [Hidden Content]

CRISPR Therapeutics Stock Near 5-Year Lows—But Gene Editing’s Future Is Just Begin CRISPR Therapeutics Stock Near 5-Year Lows—But Gene Editing’s Future Is Just Begin Ever since scientists began mapping the human genome, gene editing has always been the end goal. The idea once seemed like something out of a science fiction novel, but it’s here today and Crispr Therapeutics AG (NASDAQ:) is leading the way. In late 2023, the company had a breakthrough when it received approval for CASGEVY. This is the first gene editing treatment of its kind to be approved. CASGEVY addresses sickle cell disease (SCD) and beta-thalassemia. That said, CRSP stock is trading at about the same level it was in 2018 and investors who bought the stock in 2020 and 2021 are holding a heavy bag if they’re still involved in it. Many medical stocks carry risk, and that risk is more pronounced when investing in biopharmaceutical companies. However, CASGEVY is a powerful proof of concept that will likely lead to future gene editing approvals. That means the cash-burning stage may be coming to an end, and the company’s and CRSP stock’s growth may be ready to start. Keeping an Eye on a Larger Target Although exact numbers are unknown, SCD impacts millions worldwide, including approximately 100,000 in the United States. The World Health Organization (WHO) and the United Nations recognize that SCD is a global health issue. In its most recent corporate presentation, the company announced that CASGEVY is approved in eight jurisdictions and that it has 65 authorized treatment centers (ATC) activated globally. It expects new patient initiations to grow significantly in 2025 and estimates the total addressable market for CASGEVY to be approximately 60,000. However, the addressable market for SCD would pale in comparison to diseases such as *******, diabetes, and other autoimmune diseases. Gene editing is focused on these long-term goals, and the company is currently involved in five clinical trials and 10 pre-clinical trials. That’s also why CRSPR views this as a transitional year. By 2026, it expects to generate enough revenue from CASGEVY to deliver sustainable growth for current and future clinical trials. As support for that, CRSPR points out that as of March 31, 2025, it had approximately $1.86 billion of cash on its balance sheet. There’s Still Time to Buy CRSP Stock The promise of gene editing is real. A prudent investment in companies like CRSPR Therapeutics has multi-bagger potential. But that day is not today. One obstacle is the cost of these treatments. Currently, it costs about $2 million per dose of CASGEVY. Doctors may find the price tag too hefty compared to other effective SCD treatments. In fact, since CRISPR received approval for CRISPR-Cas9 in late 2023, the stock has been down nearly 50% and trading near five-year lows. The company is not yet profitable and generates little revenue, which has made the stock unattractive during higher-for-longer interest rates. Short interest remains high at around 25%. However, over 69% of CRSP stock is owned by institutional investors, and buying has outpaced selling in each of the last nine quarters. A significant number of analysts also cover CRSP stock. The analyst forecasts on MarketBeat have a Moderate Buy rating on the stock with a $71.75 price target that is over 100% above the CRSP stock price on May 15, 2025. That tells you that CRSPR isn’t a meme stock. If you believe in the long-term potential of gene editing, a prudent investment in CRSP stock, with money you can afford to use for speculation, could lead to big gains in the next 10 years. Original Post Source link #CRISPR #Therapeutics #Stock #5Year #LowsBut #Gene #Editings #Future Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Everton's new ground named Hill Dickinson Stadium Everton's new ground named Hill Dickinson Stadium Liverpool-based legal firm Hill Dickinson will be the naming rights partner for Everton’s new stadium. Source link #Everton039s #ground #named #Hill #Dickinson #Stadium Pelican News View the full article at [Hidden Content]

Novo Nordisk’s CEO Departure Marks Inflection Point for Struggling Pharma Giant Novo Nordisk’s CEO Departure Marks Inflection Point for Struggling Pharma Giant Novo Nordisk A/S (NYSE:) announced that CEO Lars Fruergaard Jørgensen is stepping down amid mounting challenges, with the company’s share price down more than 50% since mid-2024 as competition intensifies in the obesity drug market and disappointing results plague its next-generation treatments. Novo Nordisk CEO to Step Down Amid Challenging ******* for the Firm The pharmaceutical giant Novo Nordisk announced on Friday, May 16, 2025, that CEO Lars Fruergaard Jørgensen is stepping down amid mounting challenges for the obesity drug maker. The sudden leadership change comes as the company faces significant headwinds in its core business segments. According to the company’s statement, Jørgensen will remain in his post “for a ******* to support a smooth transition to new leadership,” with the search for a replacement already underway. The board emphasized that Novo Nordisk’s overall strategy remains unchanged despite the leadership transition, with Chairman Helge Lund expressing confidence in the company’s current business plans. The timing of this executive shakeup is directly tied to Novo Nordisk’s deteriorating market position and financial performance. The Danish pharmaceutical company has seen its share price plummet by more than 50% since mid-2024, reflecting investor concerns about increasing competition in the obesity drug market. This competitive pressure has been particularly evident in the company’s recent quarterly results, with Novo reporting lower-than-expected first-quarter sales of its flagship Wegovy obesity drug and subsequently trimming its full-year sales growth forecast. In a revealing admission, the departing CEO told CNBC that “compounders took a part of our business away,” referring to the impact of copycat compounded drugs in the U.S. market. Beyond the immediate competitive challenges, Novo Nordisk has been struggling with disappointing clinical trial results for its next-generation obesity drug candidate CagriSema. These setbacks have significantly damaged investor confidence, despite Jørgensen’s previous optimistic statements about the treatment’s prospects. In connection with the CEO transition, the company announced that Lars Rebien Sørensen, chair of the Novo Nordisk Foundation, will join the company’s board as an observer – a move that suggests a desire for continuity and institutional knowledge during this ******* of uncertainty. While management has expressed expectations for sales improvements in the second half of 2025 as FDA actions reduce the availability of compounded alternatives, the market remains skeptical about the company’s near-term growth trajectory. NOVO Stock Brief Novo Nordisk’s stock was trading at $62.43 in pre-market activity at 8:05 AM EDT, representing a significant drop of $3.72 or 5.62% from the previous day’s close of $66.15. This pre-market decline follows Thursday’s session where the stock had actually gained 2.70%, closing at $66.15 after adding $1.74. The dramatic pre-market selloff reflects immediate investor reaction to the CEO departure announcement, compounding what has already been a challenging ******* for shareholders. The stock has experienced extreme volatility, trading between a 52-week range of $57.00 and $148.15, highlighting the extent of its decline from recent highs. The company’s performance metrics tell a story of declining investor confidence and deteriorating market position. Year-to-date, Novo Nordisk shares have plummeted 21.60%, dramatically underperforming its benchmark OMX Copenhagen 25 Index, which is down only 1.63% during the same *******. The one-year performance is even more concerning, with Novo declining 49.29% compared to its benchmark’s 12.39% drop. This troubling trend stands in stark contrast to the company’s longer-term performance, which shows three-year and five-year returns of +34.06% and +124.70% respectively, substantially outperforming its benchmark over those extended timeframes. Despite the recent stock price carnage, Novo Nordisk’s fundamental valuation metrics remain relatively solid, perhaps indicating potential value at current levels. The stock trades at a trailing P/E of 18.79 and a forward P/E of 16.18, with a PEG ratio of 1.00 suggesting fair value relative to expected growth. The company maintains strong profitability metrics with a profit margin of 34.51%, return on assets of 23.29%, and an impressive return on equity of 88.12%. With a market capitalization of approximately $289 billion, Novo Nordisk remains one of the world’s largest pharmaceutical companies. Wall Street appears cautiously optimistic amid the turmoil, with an average price target of $89.76 representing a potential 36% upside from current levels, though the CEO transition introduces significant new uncertainty into this outlook. *** 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 #Novo #Nordisks #CEO #Departure #Marks #Inflection #Point #Struggling #Pharma #Giant Pelican News View the full article at [Hidden Content]

Ukraine talks yield POW swap, deal to talk more: Russia Ukraine talks yield POW swap, deal to talk more: Russia Russia says the first direct talks with Ukraine in more than three years have yielded a deal to swap 1000 prisoners of war each soon and to resume talks after each side has set out its vision for a future ceasefire. In a short statement shown live on Russian state TV after the negotiations in Istanbul had wrapped up, Vladimir Medinsky, the head of Russia’s delegation, said that Russia was satisfied with progress made and was ready to keep talking to Ukraine. “In general, we are satisfied with the result and are ready to continue contacts. In the coming days, there will be a massive thousand-for-thousand prisoner exchange,” Medinsky said. That would be one of the largest exchanges of its kind since Russian President Vladimir Putin sent tens of thousands of troops into Ukraine in 2022 in what he called a special military operation. “The Ukrainian side requested direct talks between the leaders of our states. We have taken note of this request,” Medinsky added. Ukrainian President Volodymyr Zelenskiy had challenged Putin to fly to Turkey for direct talks with him on Thursday, but Putin – who had proposed the talks in the first place but had not said who was going for Russia – sent a mid-level delegation of experienced negotiators instead. In the event, the talks took place on Friday, not Thursday. US President Donald Trump, who has tried to pressure both sides to move towards a peace settlement, has said he wants a 30-day ceasefire in an attempt to end Europe’s deadliest conflict since World War II. Ukraine, which is on the defensive on the battlefield, has agreed to a 30-day ceasefire. But Russia – which is slowly but steadily advancing on the battlefield and is worried that Ukraine will use such a pause to regroup and re-arm – has said it needs to nail down the terms of a ceasefire before signing up to one. Medinsky said Russia and Ukraine had agreed to go away and set out in detail and in writing their vision for what a future ceasefire would look like. “After such a vision has been presented, we believe it would be appropriate, as also agreed, to continue our negotiations,” he said. In an interview with state TV released after his statement, Medinsky said that history showed that ceasefires did not always precede peace talks and that negotiations had been held throughout the Korean and Vietnam wars while fighting raged. “As a rule, as Napoleon said, war and negotiations are always conducted at the same time,” Medinsky said. The Kremlin said earlier on Friday that a meeting between Putin and Trump was essential to make progress on Ukraine and other issues but needed considerable preparation and had to yield results when it happened. The talks in an Istanbul palace lasted well under two hours. The negotiating teams sat opposite one another, with the Russians in suits and half of the Ukrainians wearing camouflage military fatigues. “There are two paths ahead of us: one road will take us on a process that will lead to peace, while the other will lead to more destruction and death. The sides will decide on their own, with their own will, which path they choose,” Turkish Foreign Minister Hakan Fidan told them at the start of the meeting. As soon as the talks ended, Zelenskiy held a phone call with Trump and the leaders of France, Germany and Poland, Zelenskiy’s spokesperson said. Russia’s demands were “detached from reality and go far beyond anything that was previously discussed,” a source in the Ukrainian delegation told Reuters. The source, speaking on condition of anonymity, said Russia had issued ultimatums for Ukraine to withdraw from parts of its own territory in order to obtain a ceasefire “and other non-starters and non-constructive conditions”. *** Prime Minister Keir Starmer said the Russian position was “clearly unacceptable” and that European leaders, Ukraine and the US were “closely aligning” their responses. Source link #Ukraine #talks #yield #POW #swap #deal #talk #Russia Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Tesla adds long-time Chipotle executive Jack Hartung to board Tesla adds long-time Chipotle executive Jack Hartung to board Jack Hartung, CFO, Chipotle 190604 Scott Mlyn | CNBC Tesla has appointed long-time Chipotle executive Jack Hartung to its board of directors, effective June 1. As part of the board, Hartung will join Tesla’s audit committee, the electric vehicle company disclosed in a filing with the SEC on Friday. The addition comes as Tesla battles sinking EV sales and eroding profits, and concerns that CEO Elon Musk is focusing too much attention elsewhere, including in his role leading President Donald Trump’s Department of Government Efficiency. The company’s stock price is down 14% this year. Musk began his company’s earnings call last month by saying that his time spent running DOGE will drop “significantly” by the end of May, though he would still spend one or two days a week on his government work until the end of Trump’s term. Hartung, who was known for taking a disciplined approach to Chipotle’s finances during the Covid pandemic, will expand Tesla’s board to nine members. Airbnb co-founder Joe Gebbia was the last addition to the Tesla board in 2022. The SEC filing on Friday noted that Hartung’s son-in-law is a service technician for the EV maker. Tesla didn’t disclose details about Hartung’s relationship with Kimbal Musk, Elon Musk’s brother. Kimbal Musk sits on Tesla’s board and served on the board of Chipotle from 2013 to 2019, during Hartung’s tenure. Hartung held a variety of roles at the fast-casual burrito chain, joining the company in 2002 and rising in ranks to become its CFO. Chipotle went public in 2006 and shares in the company are up by over 100 times since then. On May 6, Chipotle announced Hartung would step down from his current role as president and strategy chief on June 1, and would stay on in a senior advisory role through early March of next year. Tesla posted a statement on X, which is also owned by Musk, welcoming Hartung to the company. Hartung serves on the boards of the Chicago street food business Portillo’s, beauty and baby care products maker The Honest Company and ZocDoc, a site for booking medical appointments. Tesla is currently preparing to launch its “retro-futuristic” diner in Los Angeles which had been in development for about 7 years. WATCH: Elon Musk in China Source link #Tesla #adds #longtime #Chipotle #executive #Jack #Hartung #board Pelican News View the full article at [Hidden Content]

ICC war crimes prosecutor takes leave amid ******* misconduct inquiry – The Washington Post ICC war crimes prosecutor takes leave amid ******* misconduct inquiry – The Washington Post ICC war crimes prosecutor takes leave amid ******* misconduct inquiry The Washington PostICC prosecutor Karim Khan steps aside pending outcome of ******* misconduct investigation AP NewsICC prosecutor issued warrants for Netanyahu to make West ‘turn against Israel’ – exclusive The Jerusalem PostICC prosecutor Khan on leave amid ******* assault probe — court sources The Times of IsraelWorld Court Prosecutor Used Gaza War To Silence Sex Assault Victim: Report NDTV Source link #ICC #war #crimes #prosecutor #takes #leave #******* #misconduct #inquiry #Washington #Post Pelican News View the full article at [Hidden Content]

Just Stop Oil activists sentenced over Heathrow runway glue plot Just Stop Oil activists sentenced over Heathrow runway glue plot A group of Just Stop Oil activists have been spared jail terms after planning to disrupt Heathrow Airport after plotting to glue themselves to the runway last July. Following a trial, the nine campaigners were convicted of conspiracy to cause a public nuisance after police stopped them from causing “unprecedented disruption” at the west London airport on 24 July last year. The defendants had either already served the time they were sentenced to or they were handed suspended sentences. Earlier at Isleworth Crown Court, Judge Hannah Duncan said the defendants had not breached the perimeter fence and they caused no disruption or “actual harm” but added they had shown “no remorse”. Source link #Stop #Oil #activists #sentenced #Heathrow #runway #glue #plot Pelican News View the full article at [Hidden Content]

Tesla adds long-time Chipotle executive Jack Hartung to board Tesla adds long-time Chipotle executive Jack Hartung to board Jack Hartung, CFO, Chipotle 190604 Scott Mlyn | CNBC Tesla has appointed long-time Chipotle executive Jack Hartung to its board of directors, effective June 1. As part of the board, Hartung will join Tesla’s audit committee, the electric vehicle company disclosed in a filing with the SEC on Friday. The addition comes as Tesla battles sinking EV sales and eroding profits, and concerns that CEO Elon Musk is focusing too much attention elsewhere, including in his role leading President Donald Trump’s Department of Government Efficiency. The company’s stock price is down 14% this year. Musk began his company’s earnings call last month by saying that his time spent running DOGE will drop “significantly” by the end of May, though he would still spend one or two days a week on his government work until the end of Trump’s term. Hartung, who was known for taking a disciplined approach to Chipotle’s finances during the Covid pandemic, will expand Tesla’s board to nine members. Airbnb co-founder Joe Gebbia was the last addition to the Tesla board in 2022. The SEC filing on Friday noted that Hartung’s son-in-law is a service technician for the EV maker. Tesla didn’t disclose details about Hartung’s relationship with Kimbal Musk, Elon Musk’s brother. Kimbal Musk sits on Tesla’s board and served on the board of Chipotle from 2013 to 2019, during Hartung’s tenure. Hartung held a variety of roles at the fast-casual burrito chain, joining the company in 2002 and rising in ranks to become its CFO. Chipotle went public in 2006 and shares in the company are up by over 100 times since then. On May 6, Chipotle announced Hartung would step down from his current role as president and strategy chief on June 1, and would stay on in a senior advisory role through early March of next year. Tesla posted a statement on X, which is also owned by Musk, welcoming Hartung to the company. Hartung serves on the boards of the Chicago street food business Portillo’s, beauty and baby care products maker The Honest Company and ZocDoc, a site for booking medical appointments. Tesla is currently preparing to launch its “retro-futuristic” diner in Los Angeles which had been in development for about 7 years. WATCH: Elon Musk in China Source link #Tesla #adds #longtime #Chipotle #executive #Jack #Hartung #board Pelican News View the full article at [Hidden Content]