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Fortis Group Advisors LLC Sells 820 Shares of Amazon.com, Inc. (NASDAQ:AMZN)Natixis Advisors LLC lessened its holdings in JD.com, Inc. ( NASDAQ:JD – Free Report ) by 17.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 111,353 shares of the information services provider’s stock after selling 23,496 shares during the quarter. Natixis Advisors LLC’s holdings in JD.com were worth $4,454,000 as of its most recent filing with the Securities and Exchange Commission. Several other institutional investors and hedge funds also recently added to or reduced their stakes in JD. WT Asset Management Ltd acquired a new stake in JD.com in the third quarter valued at $55,635,000. Robeco Institutional Asset Management B.V. grew its stake in JD.com by 177.7% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 1,873,282 shares of the information services provider’s stock valued at $74,931,000 after acquiring an additional 1,198,753 shares during the last quarter. Veritas Asset Management LLP purchased a new position in JD.com during the 3rd quarter valued at about $29,642,000. Varma Mutual Pension Insurance Co raised its position in JD.com by 285.0% during the second quarter. Varma Mutual Pension Insurance Co now owns 946,300 shares of the information services provider’s stock worth $24,452,000 after acquiring an additional 700,500 shares during the last quarter. Finally, Federated Hermes Inc. lifted its holdings in shares of JD.com by 16.4% in the second quarter. Federated Hermes Inc. now owns 4,280,215 shares of the information services provider’s stock valued at $110,601,000 after purchasing an additional 603,211 shares in the last quarter. Institutional investors and hedge funds own 15.98% of the company’s stock. JD.com Stock Performance JD opened at $34.68 on Friday. The stock has a 50-day moving average of $38.24 and a 200-day moving average of $31.65. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.90 and a current ratio of 1.17. JD.com, Inc. has a 52-week low of $20.82 and a 52-week high of $47.82. The company has a market cap of $54.69 billion, a PE ratio of 10.97, a price-to-earnings-growth ratio of 0.29 and a beta of 0.41. Wall Street Analyst Weigh In Read Our Latest Analysis on JD JD.com Company Profile ( Free Report ) JD.com, Inc operates as a supply chain-based technology and service provider in the People's Republic of China. The company offers computers, communication, and consumer electronics products, as well as home appliances; and general merchandise products comprising food, beverage and fresh produce, baby and maternity products, furniture and household goods, cosmetics and other personal care items, pharmaceutical and healthcare products, industrial products, books, automobile accessories, apparel and footwear, bags, and jewelry. See Also Receive News & Ratings for JD.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JD.com and related companies with MarketBeat.com's FREE daily email newsletter .
WACO, Texas (AP) — Georgia's Dasha Vidmanova and Columbia's Michael Zheng won NCAA singles tennis titles on Sunday. Vidmanova, a 21-year-old senior from the Czech Republic, beat DJ Bennett of Auburn 6-3, 6-3 for the Bulldogs' first women's singles championship since 2010. Zheng, a 20-year-old junior from Montville, New Jersey, beat Ozan Baris of Michigan State 6-2, 4-6, 6-2 to become the first Ivy League player to collect an NCAA men's singles crown since 1922. The final between Zheng and Baris was the first men's NCAA tennis singles final between two Americans since 2017. More AP tennis: https://apnews.com/hub/tennisPsychology will play a crucial role in World Chess Championship 2024: Viswanathan AnandCloud Infrastructure Entitlement Management Market Growing Trends, Business Growth, Size, Future Scope, Segmentation, Dynamics and Forecast to 2028
Home | UNGA overwhelmingly demands immediate Gaza ceasefire SABC © 2024Vidmanova, a 21-year-old senior from the Czech Republic, beat DJ Bennett of Auburn 6-3, 6-3 for the Bulldogs' first women's singles championship since 2010. Zheng, a 20-year-old junior from Montville, New Jersey, beat Ozan Baris of Michigan State 6-2, 4-6, 6-2 to become the first Ivy League player to collect an NCAA men's singles crown since 1922. The final between Zheng and Baris was the first men's NCAA tennis singles final between two Americans since 2017. More AP tennis: https://apnews.com/hub/tennis
DoorDash is adding new grocers to its list of supermarket delivery partners. The delivery platform will be working with five new grocers, according to a Monday (Nov. 25) press release . The aggregator has already added several supermarket chains this year, including Wegmans and all of Ahold Delhaize ’s American banners. “It has been a monumental year for DoorDash’s grocery business with many beloved grocers — from the nation’s largest supermarket chains to neighborhood favorites — joining the platform,” Fuad Hannon , vice president of new verticals at DoorDash, said in the release. “On-demand delivery continues to play an essential role in consumers’ daily routines as the percentage of consumers that shop across grocery on DoorDash has continued to grow significantly.” Over 99% of the company’s monthly consumers in the U.S. have access to a non-restaurant retailer via the DoorDash Marketplace , the release said . The new grocery partners include Fresh Encounter , a regional supermarket chain that operates 50 stores under a range of banners in Ohio, Indiana and Northern Kentucky; and Fruitful Yield , a family-owned health food store chain with 11 locations around Chicago. Also on the list are natural/organic grocer Plum Market , based in Michigan and Florida; Robért Fresh Market , a family-owned chain in the Greater New Orleans area; and Stew Leonard’s , a family-owned and operated farm-fresh food store with locations across Connecticut, New Jersey and New York. In related grocery news, Instacart CEO Fidji Simo said last week that the company is focusing on grocery partnerships . Simo has made Instacart’s higher-margin enterprise business a priority, homing in on things like last-mile delivery, creating white-label websites and selling advertising slots on the company app. Instacart has also bolstered its brick-and-mortar offerings, such as electronic shelf tags and smart shopping carts . Simo said she thinks that acting as a technology partner for grocers can help Instacart face off against the likes of Walmart and Amazon as those giants invest in digital grocery tech. “The Amazons and Walmarts of the world might get a fair share of people, but if your favorite retailer of choice is a Publix , a Kroger , an Albertsons , we really are the best place for that,” Simo said.
Prime Minister Anthony Albanese and AFP commissioner Reece Kershaw (Image: AAP/Dominic Giannini) Immediately following the horrific antisemitic arson attack on the Adass Israel synagogue, before perpetrators or their motives had even been revealed — and before our communities had a chance to catch our breath — politicians and interest groups started capitalising on the attack by advocating for increased policing and a law and order response. As a Jewish historian, I’m deeply concerned that this approach fundamentally misunderstands antisemitism and how to combat it. Antisemitic arson attacks on synagogues and cars are beyond the pale and an attack on our collective values of diversity. The perpetrators must be investigated and held to account for the terror they have instilled in Jewish communities. But a broad police crackdown — including targeting protests, as suggested by Jillian Segal, the special envoy to combat antisemitism — will not make even a small dent in antisemitism. A synagogue minutes from my home was set ablaze. This is why many Jewish Australians live in fear Read More The Australian Federal Police has set up special operation Avalite , a mobile squad of counterterrorism investigators who will have expanded powers to focus on threats, violence and hatred toward the Australian Jewish community and parliamentarians. There is a real problem of antisemitism in Australia, but it can not be solved by more policing. It’s a problem of racism. At the Jewish Council of Australia, where I am executive officer, we cop antisemitic abuse daily — from the far right, from conspiracy theorists, from Zionists attacking our Jewish identity, and from a lot of people who think we are somehow responsible for Israel’s genocide. It’s well documented that antisemitic incidents increase whenever Israel is committing atrocities. Jewish identities trace back more than 3,000 years and span many cultures and traditions. Zionism is a political ideology with Jewish and non-Jewish adherents, just over 120 years old. When the media, politicians and pro-Israel lobby groups all consistently assert a fictitious, absolute alignment between Jewish identity in Australia and the actions of Israel, it’s not hard to see why a racist idea takes hold that Jews as a whole are to blame for Israel’s actions. But this form of racism does not take place in a vacuum. Contrary to Zionist rhetoric, antisemitism is a historical and political phenomenon , not an “eternal hatred” that simply recurs in all societies for thousands of years. It is not a pathology or a problem of “antisemites”, or an issue simply of the far right or far left. Antisemitism is a form of racism that has come to the fore at various points throughout Australian society since the 1890s, shaped by broader racial ideologies. Racism against different groups in Australia has always been tied to geopolitics and Western imperialism: from invasion and colonisation, to competition with China, to the War on Terror — from the exclusion of Chinese people through to panics around asylum seekers and Muslim migrants. White Jews in Australia were mostly considered “white” until the 1930s, when potential Jewish migrants — refugees from Germany and Austria — were racialised and considered unassimilable. Throughout the 1940s and early 1950s, Australia’s immigration policies discriminated against Jews. In the late 1940s, antisemitism was exacerbated by fears of Jewish terrorism in Palestine and stereotypes portraying Jewish Holocaust survivors as clannish, communist agents, black marketeers and anti-British. These racist ideas mirrored those directed against Asians, illustrating how antisemitism in Australia has always intertwined with and reinforced other forms of racism. ‘They’ll be more upset’: Albo flagged shift in Australia’s Israel-Palestine position at private Labor event Read More Understanding antisemitism requires seeing beyond an exceptionalist narrative. It demands we recognise how racism works through an interconnected racial order that continually redraws boundaries of power and belonging. The Human Rights Commission’s recently released national anti-racism framework draws these links and gives us a solid plan to tackle all forms of racism across Australian society. The spectacle of arrests in a law and order crackdown, likely including some of the favourite Muslim and Palestinian targets of pro-Israel Jewish groups and the right-wing press, will serve as national security/anti-terror theatre. The optics aim to reassure the public, and Jews in particular, but they do so by racialising and marginalising others. The Scanlon Foundation’s recent “Mapping Social Cohesion” report found that negative attitudes towards Jewish people have increased from 9% in 2023 to 13% in 2024. While this is certainly worrying, it pales in comparison to the now one in three (34%) adults that have a somewhat or very negative attitude towards Muslims (up from 27%). These figures can’t be separated from the rhetoric of “anti-terrorism” and Israel’s genocidal war, which has seen anti-Palestinian and anti-Muslim racism proliferate . True safety for Jewish communities cannot be achieved through divisive crackdowns that associate Jews and the fight against antisemitism with the police and state power. The continued exceptionalisation of antisemitism, treating it as a standalone or special type of racism — put starkly by Senator Dave Sharma who recently condemned ALP ministers for talking about a “fictitious Islamophobia” in the same breath as antisemitism — is a recipe for the continued use of Jews as political footballs by both major parties and the entrenchment of anti-Jewish attitudes. Jewish communities deserve real protection — not a false sense of security purchased at the expense of other marginalised groups. We need solutions that address the roots of antisemitism in the broader problem of racism in Australian society, not law enforcement theatre that only breeds more division. Have something to say about this article? Write to us at letters@crikey.com.au . Please include your full name to be considered for publication in Crikey’s Your Say . We reserve the right to edit for length and clarity.
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Segall Bryant & Hamill LLC bought a new position in PotlatchDeltic Co. ( NASDAQ:PCH – Free Report ) in the 3rd quarter, Holdings Channel.com reports. The firm bought 48,000 shares of the real estate investment trust’s stock, valued at approximately $2,162,000. Several other hedge funds and other institutional investors have also made changes to their positions in PCH. Vanguard Group Inc. lifted its stake in shares of PotlatchDeltic by 0.5% in the first quarter. Vanguard Group Inc. now owns 11,736,374 shares of the real estate investment trust’s stock valued at $551,844,000 after purchasing an additional 57,237 shares during the period. Westwood Holdings Group Inc. lifted its position in shares of PotlatchDeltic by 3.6% during the 2nd quarter. Westwood Holdings Group Inc. now owns 1,664,242 shares of the real estate investment trust’s stock valued at $65,554,000 after acquiring an additional 58,111 shares during the period. Janus Henderson Group PLC boosted its stake in shares of PotlatchDeltic by 19.2% during the 1st quarter. Janus Henderson Group PLC now owns 1,316,743 shares of the real estate investment trust’s stock worth $61,913,000 after acquiring an additional 212,121 shares in the last quarter. Deprince Race & Zollo Inc. increased its stake in PotlatchDeltic by 33.0% in the 2nd quarter. Deprince Race & Zollo Inc. now owns 1,227,361 shares of the real estate investment trust’s stock valued at $48,346,000 after purchasing an additional 304,352 shares in the last quarter. Finally, Curi RMB Capital LLC raised its holdings in PotlatchDeltic by 0.5% during the third quarter. Curi RMB Capital LLC now owns 335,671 shares of the real estate investment trust’s stock worth $15,122,000 after purchasing an additional 1,578 shares during the last quarter. Hedge funds and other institutional investors own 86.06% of the company’s stock. Wall Street Analyst Weigh In Several analysts have weighed in on PCH shares. Truist Financial upped their target price on PotlatchDeltic from $42.00 to $45.00 and gave the company a “hold” rating in a report on Tuesday, October 15th. Royal Bank of Canada restated an “outperform” rating and set a $50.00 target price on shares of PotlatchDeltic in a report on Wednesday, October 30th. StockNews.com raised shares of PotlatchDeltic from a “sell” rating to a “hold” rating in a report on Tuesday, November 12th. Finally, Bank of America raised shares of PotlatchDeltic from a “neutral” rating to a “buy” rating and set a $51.00 price objective for the company in a research note on Thursday, September 12th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $48.67. PotlatchDeltic Price Performance PCH stock opened at $43.09 on Friday. The stock has a market capitalization of $3.39 billion, a price-to-earnings ratio of 205.19 and a beta of 1.14. The stock’s fifty day simple moving average is $43.23 and its 200-day simple moving average is $42.28. PotlatchDeltic Co. has a 52-week low of $37.06 and a 52-week high of $50.04. The company has a quick ratio of 0.93, a current ratio of 1.24 and a debt-to-equity ratio of 0.42. PotlatchDeltic ( NASDAQ:PCH – Get Free Report ) last announced its quarterly earnings data on Monday, October 28th. The real estate investment trust reported $0.04 earnings per share for the quarter, topping the consensus estimate of ($0.04) by $0.08. PotlatchDeltic had a net margin of 1.56% and a return on equity of 0.78%. The business had revenue of $255.10 million for the quarter, compared to analyst estimates of $241.35 million. During the same period in the prior year, the firm posted $0.14 EPS. The company’s revenue was down 3.9% on a year-over-year basis. Equities research analysts expect that PotlatchDeltic Co. will post 0.15 EPS for the current year. PotlatchDeltic Dividend Announcement The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 13th were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 4.18%. The ex-dividend date of this dividend was Friday, September 13th. PotlatchDeltic’s payout ratio is currently 857.14%. PotlatchDeltic Company Profile ( Free Report ) PotlatchDeltic Corporation (Nasdaq: PCH) is a leading Real Estate Investment Trust (REIT) that owns nearly 2.2 million acres of timberlands in Alabama, Arkansas, Georgia, Idaho, Louisiana, Mississippi and South Carolina. Through its taxable REIT subsidiary, the company also operates six sawmills, an industrial-grade plywood mill, a residential and commercial real estate development business and a rural timberland sales program. Further Reading Want to see what other hedge funds are holding PCH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PotlatchDeltic Co. ( NASDAQ:PCH – Free Report ). Receive News & Ratings for PotlatchDeltic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PotlatchDeltic and related companies with MarketBeat.com's FREE daily email newsletter .ROME (AP) — Robert Lewandowski joined Cristiano Ronaldo and Lionel Messi as the only players in Champions League history with 100 or more goals. But Erling Haaland is on a faster pace than anyone by boosting his total to 46 goals at age 24 on Tuesday. Still, Haaland's brace wasn't enough for Manchester City in a 3-3 draw with Feyenoord that extended the Premier League champion's winless streak to six matches. Lewandowski’s early penalty kick started Barcelona off to a 3-0 win over previously unbeaten Brest to move into second place in the new single-league format. The Poland striker added goal No. 101 in second-half stoppage time. Ronaldo leads the all-time scoring list with 140 goals and Messi is next with 129. But neither Ronaldo nor Messi play in the Champions League anymore following moves to Saudi Arabia and the United States, respectively. “It’s a nice number,” Lewandowski said. “In the past I didn’t think I could score more than 100 goals in the Champions League. I’m in good company alongside Cristiano and Messi.” The 36-year-old Lewandowski required 125 matches to reach the century mark, two more than Messi (123) and 12 fewer than Ronaldo (137). Barcelona also got a second-half score from Dani Olmo. The top eight finishers in the standings advance directly to the round of 16 in March. Teams ranked ninth to 24th go into a knockout playoffs round in February, while the bottom 12 teams are eliminated. Haaland converted a first-half penalty to eclipse Messi as the youngest player to reach 45 goals then scored City's third after the break to raise his total to 46 goals in 44 games. Ilkay Gundogan had City's second. But then Feyenoord struck back with goals from Anis Hadj Moussa, Santiago Gimenez and David Hancko. Inter Milan beat Leipzig 1-0 with an own goal to move atop the standings with 13 points, one more than Barcelona and Liverpool, which faces Real Madrid on Wednesday. The Serie A champion is the only club that hasn't conceded a goal. Bayern Munich beat Paris Saint-Germain 1-0 — the same score from the 2020 final between the two teams. PSG ended with 10 men and remained in the elimination zone. The French powerhouse has struggled in Europe after Kylian Mbappe’s move to Real Madrid. Kim Min-jae’s first-half header was enough for Bayern, especially after Ousmane Dembelé was sent off in the 56th with his second yellow. Atalanta moved within two points of the lead with a 6-1 win at Young Boys. Charles De Ketelaere scored two and assisted on three other goals for Atalanta. Also, Arsenal kept red-hot striker Viktor Gyokeres quiet in a 5-1 win over Sporting Lisbon; and Germany star Florian Wirtz scored two goals and was involved in two more as Bayer Leverkusen boosted its chances of finishing in the top eight with a 5-0 rout of Salzburg. AC Milan followed up its win at Real Madrid with a 3-2 victory at last-place Slovan Bratislava in an early match. Christian Pulisic put the seven-time champion ahead midway through the first half by finishing off a counterattack. Then Rafael Leao restored the Rossoneri’s advantage after Tigran Barseghyan had equalized for Bratislava and Tammy Abraham quickly added another. Nino Marcelli scored with a long-range strike in the 88th for Bratislava, which ended with 10 men. Bratislava has lost all five of its matches. Argentina World Cup winner Julian Alvarez scored twice and Atletico Madrid routed Sparta Prague 6-0 in the other early game. Alvarez scored with a free kick 15 minutes in and Marcos Llorente added a long-range strike before the break. Alvarez finished off a counterattack early in the second half after being set up by substitute Antoine Griezmann, who then marked his 100th Champions League game by getting on the scoresheet himself. Angel Correa added a late brace for Atletico, which earned its biggest away win in Europe. Atletico beat Paris Saint-Germain in the previous round and extended its winning streak across all competitions to six matches. AP soccer: https://apnews.com/hub/soccer
The Chicago Bears (4-6) host the Minnesota Vikings (8-2) on Sunday, November 24, 2024 at Soldier Field and will attempt to break a four-game losing streak. What channel is Vikings vs. Bears on? What time is Vikings vs. Bears? The Vikings and the Bears play at 1 p.m. ET. NFL STATS CENTRAL: The latest NFL scores, schedules, odds, stats and more. Vikings vs. Bears betting odds, lines, spread Vikings vs. Bears recent matchups Vikings schedule Bears schedule NFL week 12 schedule This content was created for Gannett using technology provided by Data Skrive.Fox News Flash top sports headlines are here. Check out what's clicking on Foxnews.com. Los Angeles Lakers superstar LeBron James has taken a break from social media "for the time being," and many have shared their own opinions about this course of action by the NBA’s all-time leading scorer. It also led to some defending of James, which came in the form of former ESPN employee Jemele Hill. Hill applauded James’ move , which he had posted on X, by saying that "Twitter has become largely untenable. Selfishly, I hope he deactivates his account." CLICK HERE FOR MORE SPORTS COVERAGE ON FOXNEWS.COM Los Angeles Lakers forward LeBron James (John E. Sokolowski-Imagn Images) That led to an argument in the comments under Hill’s post, with one user saying, "I think being a sore loser and having to actually engage uncensored oppositional politics really annoys the left. It’s a soft move." Hill answered by saying, "You all are under the twisted belief that subjecting yourself to constant vitriol and engaging with a—holes is some kind of badge of honor." JEMELE HILL SAYS NICK BOSA LACKS ‘GUTS’ TO EXPLAIN TRUMP SUPPORT, CITES LEBRON JAMES' ‘IN DETAIL’ HARRIS NOD "This app is at an all-time low," Hill added. "It’s full of racists, conspiracy theorists and jerks. If that’s what y’all consider intellectually stimulating, God help you." One X user agreed with Hill, commenting that he has an "easy answer" to those who you don’t wish to hear from on the app – "the block button." The X user also said "there is a stigma that those who lean left are snowflakes," which Hill responded to. "What I find funny is that the people who throw around that ‘snowflake’ term are the weakest folks," she replied. "Sorry, it’s not ‘challenging ideology’ calling somebody a c--- 100 times a day. And [Elon] Musk also changed the block features on the platform, too. And again, nobody owes you engagement." Hill has defended James recently when it came to the presidential election as well, where she blasted San Francisco 49ers star Nick Bosa for his lack of explanation in wearing a "Make America Great Again" hat in support of President-elect Donald Trump prior to Election Day. Jemele Hill (YouTube) James had provided details about why he supported Vice President Harris in the election, saying that "having a daughter, having a wife, having a mother and things of that nature, what (Harris) believes in when it comes to women’s rights, that’s what the future with my kids and where I see our country should be." Hill used James’ detailed answer on why he was voting for Harris to blast Bosa. "Oh look, LeBron was asked about a public political statement that he made and he explained IN DETAIL why he did it. Nick Bosa doesn’t have the guts to do this," she said. James’ time off from social media came after he shared the screenshot of a lengthy X post from NBA agent Rich Kleiman, who ripped national sports coverage for its negativity. "We can all acknowledge that sports is the last part of society that universally brings people together. So why can’t the coverage do the same? It’s only click bait when you say it," Kleiman wrote at the time . "When the platform is so big, you can make the change and allow us all an escape from real life negativity. I for one find it all a waste of breath. The Olympics and JJ [Redick] and Bron’s show was the future of what this can and should all be." James said "AMEN!!" to the post before sharing his decision to step away from his social platforms. Jemele Hill (D Dipasupil/Getty Images for Advertising Week New York) CLICK HERE TO GET THE FOX NEWS APP Meanwhile, James’ Lakers have won six straight games as they’ve started the 2024-2025 season hot with an overall 10-4 record, good for third place in the Western Conference. Follow Fox News Digital’s sports coverage on X and subscribe to the Fox News Sports Huddle newsletter . Scott Thompson is a sports writer for Fox News Digital.
DETROIT (AP) — Two towers at Detroit’s iconic Renaissance Center would be razed and the complex converted to a mix of housing and offices under an ambitious $1.6 billion plan announced Monday. The complex, which next year will lose the headquarters of owner General Motors Co., is the symbol of Detroit, with aerial views often shown on television sports broadcasts. GM decided last spring to leave what’s locally known as the “RenCen” for a more modern building being constructed downtown. GM said in April it would join forces with the Bedrock real estate development firm and Wayne County to turn the partially vacant property into a roughly 27-acre entertainment complex across the Detroit River from Windsor, Ontario. Under the plans, Bedrock would invest at least $1 billion in the property, with roughly $250 million more coming from GM and another $250 million in yet-to-be-allocated public money, possibly from the state of Michigan. The plan, called conceptual by Bedrock, would preserve most of the skyline and reduce the center’s office footprint. Demolishing the two 39-story towers would free land for the waterfront project that would complement a walkway along the river, Bedrock said in a press release. A pedestrian promenade would link the heart of downtown to the riverfront, Bedrock said. RELATED COVERAGE Stock market today: Asian shares mostly fall on worries about Trump’s tariffs Walmart becomes latest - and biggest - company to roll back its DEI policies Trump threatens to impose sweeping new tariffs on Mexico, Canada and China on first day in office The 73-story main tower would remain, with high-end housing on the upper floors, according to Crain’s Detroit Business, which first reported the plans. GM CEO Mary Barra said last April that the move to a brand new state-of-the-art office building in the heart of the city will help GM recruit talent in the future. The new site, being built by Bedrock, is about a mile (1.6 kilometers) north of the Renaissance Center. The move also keeps GM’s headquarters in the city for the foreseeable future, she said.After braving the shock of Republican Donald Trump’s victory in the recent US election, leftists itched for an opportunity to slam the upcoming government by raising the bogey of what they hoped would be four years of crony capitalism by pointing at the pre-eminence of the richest man in the world and owner of Tesla, SpaceX, and X—Elon Musk—in the campaign. However, neither Trump’s declared policies nor his recent comments appear to be making things easier for Musk’s businesses. The tycoon’s hydrogen cars are the latest case in point. In October, Trump made remarks that sparked controversy concerning hydrogen-powered vehicles, even as hydrogen is swiftly gaining recognition as a promising advancement within the automotive sector, set to play a crucial role in the switch to more sustainable transportation solutions. As worries about climate change and air pollution escalate, the need for alternative fuel sources to supplant traditional internal combustion engines has reached unprecedented levels. An opportunity for Musk marred by Trump’s disapproval Hydrogen vehicles are becoming an important component of the green engine market. While electric vehicles (EVs) have received considerable attention in recent years—a proposition of a golden-egg-laying goose for Musk’s Tesla—hydrogen-powered vehicles (HPVs) are increasingly regarded as a viable and complementary option in the pursuit of a zero-emission transportation future. The technology behind hydrogen fuel cells operates by merging hydrogen with oxygen from the atmosphere in a chemical reaction that produces electricity to power the vehicle’s motor. In contrast to battery electric vehicles, which often require lengthy charging periods, hydrogen vehicles can be refueled in a matter of minutes. This advantage in convenience positions them similarly to gasoline-powered cars. Furthermore, hydrogen fuel cells emit no pollutants, with water vapour being the sole byproduct, thus presenting an environmentally friendly alternative to traditional vehicles. So, why would the magnate, who has made several wise decisions of acquisitions and diversifications in his career, let go of this opportunity? He wouldn’t, but here’s the problem: During a recent rally in Michigan, former President Trump made a contentious remark regarding the emerging hydrogen-powered vehicles, vowing to terminate their production. He asserted, “You’re going to build electric cars, and you’re going to build all kinds of cars except hydrogen. There will be no hydrogen. They tend to blow up. And once they blow up, you are not recognisable anymore.” These statements were accompanied by an unfounded anecdote in which Trump claimed that Marjorie Taylor Greene had been involved in an explosion while driving a hydrogen-powered vehicle, despite her presence in the audience. Such remarks from Trump underscore the widespread scepticism and distrust that many individuals harbour towards alternative fuel technologies. While electric vehicles (EVs) enjoy a more favourable perception among consumers, hydrogen vehicles represent only about 0.1 per cent to 0.2 per cent of the global vehicle fleet, in contrast to the 2-3 per cent share held by EVs and plug-in hybrids. Influence of Elon Musk on Trump’s stance Although Trump has voiced opposition to hydrogen vehicles, he has shown some degree of support for electric vehicles. Despite his plans to relax stringent emission regulations on traditional combustion engines, he has indicated that EVs cater to a “small slice” of the population. This endorsement of electric vehicles coincides with his recent appointment of Musk to lead the Department of Government Efficiency (DOGE) under Trump 2.0. Musk, as the CEO of Tesla, is at the forefront of innovation and production in the electric vehicle sector. Furthermore, Trump has announced intentions to impose a 60 per cent import tariff on products from China. His recent remarks regarding hydrogen vehicles, which contrast with his support for electric vehicles, may be linked to his broader strategy to eliminate Chinese competition and bolster the US automotive industry, given that most hydrogen vehicles are manufactured by companies based in Japan and South Korea. What Musk thinks about the future of hydrogen vehicles There was a time when Musk would refer to hydrogen as a “stupid fuel” while toying with ideas of alternative engine fuels. However, earlier this year, his stance appeared to change when Tesla announced plans to produce a hydrogen-powered vehicle by 2026. This apparent change may stem from Musk’s recognition that, to maintain its leadership in sustainable fuel technology, Tesla must broaden its range of vehicle offerings. The future of hydrogen vehicle production under Trump’s administration remains uncertain, and it is unclear whether any plans will materialise. Nevertheless, Trump is not the only roadblock Musk has run into. In addition to potential policy challenges, hydrogen vehicles encounter considerable obstacles related to production costs, refuelling infrastructure, and public awareness. The limited availability of hydrogen refuelling stations, which number approximately 500 worldwide, is a major barrier to the widespread adoption of hydrogen-powered vehicles. Furthermore, hydrogen production continues to depend heavily on natural gas, although the development of green hydrogen, generated from renewable energy sources, is gaining traction. Not the first or only time Musk’s possible venture into hydrogen-run cars isn’t going to be the only fraught plan. Musk, as Trump’s largest individual donor and a fervent supporter, finds himself navigating five key contradictions in their burgeoning symbiotic relationship. These points of tension could either complicate their alliance or lead to mutual reinforcement. China Trump is populating his incoming administration with advisors critical of China’s trade and security policies. In contrast, Musk maintains a cooperative relationship with Chinese officials, having established Tesla as the country’s first fully foreign-owned automaker in 2018. Chinese state media often herald Tesla as a symbol of successful US-China trade collaboration. China is Tesla’s second-largest market, following the United States. The Tesla Gigafactory in Shanghai, operational since 2020, is the largest EV production facility globally. Last year, Tesla sold approximately 600,000 vehicles in China. If relations between the world’s two largest economies deteriorate, Musk’s approach to safeguarding his interests may become a template for others. Trump’s economic policy Musk is cynical about the fundamental principles of Trump’s economic policies, including plans for mass deportations of undocumented immigrants, revised tax structures, and heightened import tariffs. Barely a week before the election, Musk responded to a pseudonymous X post warning of an economic downturn under Trump with a succinct comment: “Sounds about right.” On tax cuts, Musk admitted during a “telephone town hall” that fulfilling such promises could result in painful reductions in government spending. On immigration, The Washington Post revealed that Musk once “worked illegally” in the US while building Zip2, the company that laid the financial foundation for his subsequent ventures. Climate Change Trump’s near dismissal of climate change and his disparagement of EV manufacturing are in direct conflict with Tesla’s core business. Trump has ardently supported traditional carmakers like GM, Ford, and Chrysler while pledging to end federal subsidies for EVs. For Musk, this poses a considerable challenge as Tesla’s valuation and success are both tied to the environmentally friendly narrative of its electric vehicles. Given that the Detroit automakers are Tesla’s competitors, any reduction in federal EV subsidies could hinder Tesla’s momentum, especially during a period of slowed EV sales. Starlink and SpaceX Musk’s Starlink satellite internet service has been crucial in supporting Ukraine’s defence since Russia’s invasion in 2022, facilitating real-time battlefield communication. However, given Trump’s perceived softening towards Vladimir Putin, Starlink’s operations have already undergone some recalibration. SpaceX, which manages Starlink, is deeply reliant on US government contracts. It secured a $1.8 billion deal with the US military and intelligence agencies in 2021 and is a primary launch partner for NASA and the Pentagon. Musk must balance these obligations that pose diplomatic and ethical challenges. Additionally, Starlink and SpaceX depend on terrestrial relay stations worldwide, including in nations like Russia and China. Musk’s alignment with Trump may act as a safeguard against risks tied to SpaceX’s expansive operations. Employment practices While Trump’s campaign prominently championed American workers and opposed mass layoffs, Musk’s hiring and firing practices tell a different story. His impulsive employment decisions across companies like Twitter, Tesla, and SpaceX have attracted criticism and legal action. After acquiring Twitter in October 2022, Musk slashed its workforce by over 80 per cent, reducing staff from 8,000 to 1,500. He later acknowledged some dismissals were mistakes and attempted to rehire a few employees. Similarly, Musk laid off nearly 500 Tesla Supercharger staff in April, only to reinstate some later. At SpaceX, eight employees were terminated after criticising Musk, with allegations of labour law violations under federal statutes. These practices clash with Trump’s pro-worker rhetoric, which resonated with union leaders and industrial labour groups. Musk’s approach not only undermines this narrative but raises questions about how such contradictions can coexist within the broader political and business alliance. In a presidency where employment is a central promise, how can Musk’s unpredictable “hire-and-fire” tactics continue unchecked? The evolving relationship between Musk and Trump will likely test both their commitments to their respective goals. The author is a senior journalist and writer. Views expressed in the above piece are personal and solely those of the author. They do not necessarily reflect Firstpost’s views.
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Aaron Rodgers suggests a 'curse' might be the reason for the Jets' losing waysAligos Therapeutics ( NASDAQ:ALGS – Get Free Report ) and Moderna ( NASDAQ:MRNA – Get Free Report ) are both medical companies, but which is the better business? We will compare the two businesses based on the strength of their earnings, analyst recommendations, dividends, risk, valuation, profitability and institutional ownership. Volatility and Risk Aligos Therapeutics has a beta of 2.11, indicating that its share price is 111% more volatile than the S&P 500. Comparatively, Moderna has a beta of 1.69, indicating that its share price is 69% more volatile than the S&P 500. Analyst Ratings This is a summary of current ratings and recommmendations for Aligos Therapeutics and Moderna, as reported by MarketBeat. Profitability This table compares Aligos Therapeutics and Moderna’s net margins, return on equity and return on assets. Earnings and Valuation This table compares Aligos Therapeutics and Moderna”s gross revenue, earnings per share and valuation. Aligos Therapeutics has higher earnings, but lower revenue than Moderna. Moderna is trading at a lower price-to-earnings ratio than Aligos Therapeutics, indicating that it is currently the more affordable of the two stocks. Insider & Institutional Ownership 60.4% of Aligos Therapeutics shares are held by institutional investors. Comparatively, 75.3% of Moderna shares are held by institutional investors. 8.8% of Aligos Therapeutics shares are held by insiders. Comparatively, 15.7% of Moderna shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term. Summary Moderna beats Aligos Therapeutics on 9 of the 15 factors compared between the two stocks. About Aligos Therapeutics ( Get Free Report ) Aligos Therapeutics, Inc., a clinical-stage biopharmaceutical company, focuses on the development of novel therapeutics to address unmet medical needs in viral and liver diseases. Its drug candidate, ALG-055009, a small molecule THR-ß agonist that is in the Phase 2a clinical trial for the treatment of non-alcoholic steatohepatitis (NASH). The company also develops ALG-000184, a capsid assembly modulator, which is completed Phase 1b clinical trial to treat chronic hepatitis B (CHB); and ALG-125755, a siRNA drug candidate, which is in Phase I clinical trial for the treatment of CHB. In addition, it develops ALG-097558, which is in Phase 2 clinical trial for the treatment of coronavirus. The company has entered into license and research collaboration agreement with Merck to discover, research, optimize, and develop oligonucleotides directed against a NASH; license agreement with Emory University to provide hepatitis B virus capsid assembly modulator technology; license agreement with Luxna Biotech Co., Ltd. to develop and commercialize products containing oligonucleotides targeting hepatitis B virus genome; and research, licensing, and commercialization agreement with Katholieke Universiteit Leuven to develop coronavirus protease inhibitors. Aligos Therapeutics, Inc. was incorporated in 2018 and is headquartered in South San Francisco, California. About Moderna ( Get Free Report ) Moderna, Inc., a biotechnology company, discovers, develops, and commercializes messenger RNA therapeutics and vaccines for the treatment of infectious diseases, immuno-oncology, rare diseases, autoimmune, and cardiovascular diseases in the United States, Europe, and internationally. Its respiratory vaccines include COVID-19, influenza, and respiratory syncytial virus, spikevax, and hMPV/PIV3 vaccines; latent vaccines comprise cytomegalovirus, epstein-barr virus, herpes simplex virus, varicella zoster virus, and human immunodeficiency virus vaccines; public health vaccines consists of Zika, Nipah, Mpox vaccines; and infectious diseases vaccines, such as lyme and norovirus vaccines. The company also offers systemic secreted and cell surface therapeutics; cancer vaccines, such as personalized cancer, KRAS, and checkpoint vaccines; intratumoral immuno-oncology products; rare disease intracellular therapeutics; and inhaled pulmonary therapeutics. It has strategic alliances and collaborations with AstraZeneca; Merck & Co., Inc; Vertex Pharmaceuticals Incorporated; Vertex Pharmaceuticals (Europe) Limited; Chiesi Farmaceutici S.p.A.; Metagenomi, Inc.; Carisma Therapeutics, Inc.; CytomX Therapeutics; Defense Advanced Research Projects Agency; Biomedical Advanced Research and Development Authority; Institute for Life Changing Medicines; and The Bill & Melinda Gates Foundation. The company was formerly known as Moderna Therapeutics, Inc. and changed its name to Moderna, Inc. in August 2018. Moderna, Inc. was founded in 2010 and is headquartered in Cambridge, Massachusetts. Receive News & Ratings for Aligos Therapeutics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aligos Therapeutics and related companies with MarketBeat.com's FREE daily email newsletter .
How to Watch Top 25 Women’s College Basketball Games – Wednesday, November 27Salesforce ( NYSE:CRM – Free Report ) had its target price lifted by TD Cowen from $290.00 to $340.00 in a research report report published on Thursday, Benzinga reports. The firm currently has a hold rating on the CRM provider’s stock. A number of other research firms have also weighed in on CRM. Jefferies Financial Group raised their target price on shares of Salesforce from $350.00 to $400.00 and gave the company a “buy” rating in a report on Monday, November 11th. Raymond James upped their target price on shares of Salesforce from $325.00 to $350.00 and gave the company a “strong-buy” rating in a research report on Thursday, August 29th. BNP Paribas upgraded Salesforce to a “strong-buy” rating in a research report on Thursday, August 29th. Sanford C. Bernstein upped their price objective on Salesforce from $234.00 to $236.00 and gave the company an “outperform” rating in a research report on Thursday, August 29th. Finally, BMO Capital Markets lifted their target price on Salesforce from $305.00 to $385.00 and gave the stock an “outperform” rating in a report on Friday, November 15th. Eight research analysts have rated the stock with a hold rating, twenty-eight have issued a buy rating and four have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $336.37. Get Our Latest Stock Analysis on Salesforce Salesforce Stock Up 1.9 % Salesforce ( NYSE:CRM – Get Free Report ) last posted its earnings results on Wednesday, August 28th. The CRM provider reported $2.56 EPS for the quarter, topping analysts’ consensus estimates of $2.36 by $0.20. The company had revenue of $9.33 billion for the quarter, compared to the consensus estimate of $9.22 billion. Salesforce had a return on equity of 12.01% and a net margin of 15.44%. The firm’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same period in the previous year, the business earned $1.63 earnings per share. Analysts predict that Salesforce will post 7.55 EPS for the current fiscal year. Salesforce Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 8th. Shareholders of record on Wednesday, September 18th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 0.47%. The ex-dividend date was Wednesday, September 18th. Salesforce’s dividend payout ratio is presently 27.83%. Insider Transactions at Salesforce In other news, CFO Amy E. Weaver sold 897 shares of Salesforce stock in a transaction on Wednesday, October 23rd. The shares were sold at an average price of $285.29, for a total transaction of $255,905.13. Following the completion of the sale, the chief financial officer now directly owns 52,930 shares in the company, valued at approximately $15,100,399.70. The trade was a 1.67 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website . Also, COO Brian Millham sold 60,522 shares of the company’s stock in a transaction on Tuesday, October 29th. The shares were sold at an average price of $300.00, for a total value of $18,156,600.00. The disclosure for this sale can be found here . Over the last 90 days, insiders have sold 147,991 shares of company stock worth $43,333,238. Insiders own 3.20% of the company’s stock. Institutional Investors Weigh In On Salesforce Institutional investors and hedge funds have recently modified their holdings of the company. Swedbank AB acquired a new stake in Salesforce during the 1st quarter valued at approximately $874,748,000. Veritas Asset Management LLP acquired a new position in Salesforce during the third quarter valued at $733,805,000. Massachusetts Financial Services Co. MA lifted its position in Salesforce by 48.3% during the second quarter. Massachusetts Financial Services Co. MA now owns 5,906,877 shares of the CRM provider’s stock valued at $1,518,658,000 after purchasing an additional 1,922,674 shares during the period. AMF Tjanstepension AB boosted its holdings in Salesforce by 376.1% in the second quarter. AMF Tjanstepension AB now owns 1,442,453 shares of the CRM provider’s stock valued at $370,873,000 after purchasing an additional 1,139,472 shares during the last quarter. Finally, KBC Group NV grew its position in Salesforce by 171.2% during the 3rd quarter. KBC Group NV now owns 1,634,834 shares of the CRM provider’s stock worth $447,470,000 after purchasing an additional 1,032,068 shares during the period. Institutional investors and hedge funds own 80.43% of the company’s stock. About Salesforce ( Get Free Report ) Salesforce, Inc provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. The company's service includes sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and artificial intelligence, and deliver quotes, contracts, and invoices; and service that enables companies to deliver trusted and highly personalized customer support at scale. Further Reading Receive News & Ratings for Salesforce Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Salesforce and related companies with MarketBeat.com's FREE daily email newsletter .Police lay more charges against pro-Palestinian demonstrators in Ottawa