https://livingheritagejourneys.eu/cpresources/twentytwentyfive/ rich9 biz com
2025-01-30
rich9 ph locale en
A key figure in a trucker protest that jammed Canada's capital and sparked a global movement against Covid mandates was found guilty Friday for his role in the blockade. The self-styled "Freedom Convoy" of big rig drivers and protesters rolled into Ottawa in early 2022 from across Canada to express anger at government protocols imposed to contain Covid-19. After three weeks of turmoil, Prime Minister Justin Trudeau invoked rarely used emergency powers to dislodge the protesters. Pat King was among hundreds of people arrested, and the first of the protest leaders to be convicted. Two other organizers, Tamara Lich and Chris Barber faced a separate criminal trial but those verdicts are not expected until 2025. King faces up to 10 years in prison after being convicted on five charges, including mischief, counselling others to commit mischief and disobeying a court order. Acquitted of more serious charges, he smiled at a packed courtroom of supporters as the judge read the verdict. "Mr King was not merely engaging in political speech," Justice Charles Hackland said. "Rather, he was inciting the protesters to continue their ongoing blockade of downtown Ottawa." King led hundreds of big rigs and thousands of protestors to Ottawa, bringing the capital to a standstill for more than three weeks. Residents and business owners complained of incessant honking and harassment. As the demonstrators' demands expanded to a broader anti-establishment agenda, solidarity rallies popped up at Canada-US trade corridors and various places abroad. Most of the evidence at trial consisted of videos King posted on social media in which he urged his nearly 300,000 followers to rail against government overreach. "Hold the line," he said in video posts, appearing also to delight in the gridlock and misery of locals: "Pretty hilarious that people haven't been able to sleep for 10 days." Trudeau faced strong criticisms from civil liberties groups and the opposition Conservatives for invoking the Emergencies Act to dislodge the protestors. But a commission of inquiry ruled it had been "appropriate," calling it "a drastic move, but... not a dictatorial one." amc/bs/bfmCryptocurrency trading via local digital asset exchanges skyrocketed in November to 97 billion baht, rising 54.7% from the previous month, benefiting from increased crypto investments globally after Donald Trump won the US presidential election earlier in the month. According to the Securities and Exchange Commission (SEC), the average daily trading value of crypto was 4.6 billion baht last month, up 205% from 1.5 billion baht in October. The trading value of 97 billion baht includes customers who deposited with local digital asset exchanges, but not digital assets held by investors themselves. There are 267,000 active accounts trading with digital asset exchanges, up 108% from 129,000 accounts in October. Trading was very active compared with the average daily trading value in 2022 and 2023 of 2.8 and 1.1 billion baht, respectively, said the regulator. The number of digital asset business operators licensed by the SEC last month was unchanged at nine for digital asset exchanges, 12 brokers, four dealers, two fund managers, two investment advisories and one custodian. There were 246 coins offered through local digital asset exchanges, including four new coins added last month. For one-year returns, Solana provided the highest return of 342%, followed by Bitcoin and Ethereum at 156% and 82%, respectively, significantly surpassing gold at 29.8% and 26% for the global stock market. Solana is a third-generation blockchain network that was created with the main purpose of being able to easily scale the network to support more users. This is the second month the regulator has compiled monthly data about the digital asset market. The SEC previously tracked the data and released such information weekly. Deputy secretary-general Jomkwan Kongsakul said the SEC is advancing digital securities trading by focusing on developing the use of blockchain technology, aiming to protect secure encryption, prevent data forgery and increase transparency. The technology reduces reliance on intermediaries and ensures data cannot be altered or deleted, helping to lower costs, enabling real-time trading and improving the efficiency of crypto trading, she said. The SEC is accelerating work on legal amendments to punish investment fraud after its investment fraud hotline received more than 5,000 reports of fraudulent investments via social media this year as of Dec 9. The regulator coordinated with social media platform operators to block 2,968 accounts that are suspected of fraudulent investments, said Anek Yooyuen, deputy secretary-general of the SEC. The blocked accounts comprise 1,502 TikTok accounts, 1,318 Facebook accounts and 148 Line accounts. "The SEC is amending laws to punish investment fraud and deception cases next year," he said, which should improve confidence in the Thai capital market. In terms of law enforcement against offenders of the SEC Act, criminal charges were filed against offenders in 13 cases this year, up from eight cases in 2023, while civil penalties were imposed in 10 cases, rising from seven cases last year. The regulator is preparing to announce its strategic plan for 2025-27 on Jan 30. The three-year plan was developed in collaboration with the Stock Exchange of Thailand and other capital market agencies. Mr Anek said the SEC's strategies are meant to achieve four main goals: increasing trust and confidence in the capital market, promoting digital technology, building a sustainable capital market, and improving investors' financial well-being. In addition, the SEC has a joint action plan to drive the capital market towards sustainability by creating a mechanism for listed companies to communicate environmental, social and governance plans through the disclosure of information on greenhouse gas emission reduction. Internal management at the regulator plans to focus on utilising advanced technology to support operations, such as training its employees to be investigators in civil cases. "The capabilities of our staff must be strengthened to speed up the prosecution process," he said.Nvidia ( NVDA ) easily beat analyst estimates in its fiscal third-quarter report. Revenue of $35.1 billion was up 94% from the year-earlier quarter and 17% from the second quarter. Earnings per share of 78 cents more than doubled (up 111%) from a year earlier. 💰💸 Don’t miss the move: SIGN UP for TheStreet’s FREE Daily newsletter 💰💸 And the revenue for the period exceeded Nvidia's total revenue in fiscal 2023. Related: Goldman Sachs analyst leads Nvidia price target overhauls after earnings Fiscal-fourth-quarter guidance, meanwhile, was decent, too. Revenue is projected at $37.5 billion, plus or minus 2%, which would be up about 70% from a year earlier. Gross-profit margin was pegged at roughly 73%. But the shares didn't move much, ending the week down slightly and down 7.1% since they hit a record $152.89 on Nov. 21, a day after its earnings report. The shares are still up 187% for 2024, third-best among stocks in the Standard & Poor's 500 index after Vistra Corp. ( VST ) and data-analytics company Palantir ( PLTR ) . And, of course, Nvidia is the world's most valuable company, with a market capitalization of $3.476 trillion, just ahead of Apple's ( AAPL ) $3.475 trillion. Analysts remain bullish on the stock and ignored the price action after the earnings came out. Price targets range as high as $220. Bloomberg/Getty Images Here are five things to think about Nvidia since the earnings report. What happened to the stock price? The earnings report was fine, but the results and the fourth-quarter guidance did not take investors' breath away. Still, Nvidia remains the dominant player in the development of computer chips, related hardware and the software systems to make artificial intelligence work. AI is basically Nvidia's data-center business, and data center is 78% of Nvidia's total revenue. Its market share is estimated at 80%, and no competitor is close to matching Nvidia's size and capabilities. Is Nvidia growing too fast? Colette Kress, Nvidia's chief financial officer, says the company is "supply-constrained." That's a different way of saying it's growing as fast it can. The problem is demand for its graphic processing units is growing much faster right now. Companies such as Microsoft ( MSFT ) , Meta Platforms ( META ) , Google-parent Alphabet ( GOOGL ) and Tesla ( TSLA ) want as many Hopper GPUs (the current generation GPUs) and the new, state-of-art Blackwell units (with 208 billion transistors per unit) as they can get their hands on. Nvidia concedes that perhaps as much as 40% of sales go to four customers it doesn't name. The hope is that supply will grow more quickly over the next year. The Hopper units cost $20,000 to $40,000. The Blackwell units are priced around $60,000. More Tech Stocks: Can't Nvidia just build more factories? Not exactly. It designs its products and contracts with Taiwan Semiconductor TSM to make them. TSM has foundries mostly in Taiwan. It also has foundries in Singapore, Washington State and Phoenix, Ariz. It is building two more in Arizona. What's the key to making the chips work? Suppliers provide connectors and other products that all get tied together in a GPU. It also develops the software to make it all work. If the software were a stand-alone business, it might be generating $1 billion to $2 billion a year in revenue. Related: Google analysts sent scrambling by startling break-up news How did Nvidia start? By making chips used for games. As the graphics for games got more complex, it developed the hardware and software to thrill gamers. That led to AI. Its first GPU was the GeForce 256, released in 1999, used in games. It had only 17 million transistors. Nvidia concentrates on four segments: data centers, gaming, professional visualization, and automotive. Is there something we all must learn about artificial intelligence? Yes. Know what "inference" means. An AI computer is loaded with huge amounts of data. The machine is then trained to organize the data to enable it to make sense of new data it hasn't seen before. As humans do. The process is called inference. Related: Veteran fund manager sees world of pain coming for stocks
rich9 ph locale en
。
NoneLAS VEGAS (AP) — Formula 1 on Monday at last said it will expand its grid in 2026 to make room for an American team that is partnered with General Motors. “As the pinnacle of motorsports, F1 demands boundary-pushing innovation and excellence. It’s an honor for General Motors and Cadillac to join the world’s premier racing series, and we’re committed to competing with passion and integrity to elevate the sport for race fans around the world," GM President Mark Reuss said. "This is a global stage for us to demonstrate GM’s engineering expertise and technology leadership at an entirely new level.” Javascript is required for you to be able to read premium content. Please enable it in your browser settings.
When Is the 2025 Super Bowl? Everything You Need to KnowUS agencies should use advanced technology to identify mysterious drones, Schumer says
We needed it – Pep Guardiola relieved to end Man City’s winless run
Pb DGP, MHA dir meet Dallewal, urge him to accept medical care
Keller Williams Appoints Shanan Steere as Director of Growth Operations
Fuel Tank Semi Trailer Market Industry Dynamics and Contributions by HYUNDAI Translead Inc, Shandong Arima Group, Chassis King, Wabash National, KOgel Trailer, GT Semi Trailer, LAMBERET SAS, Schwarzmuller