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The Green Diesel Global Market Is Expected To Grow To $50.9 Billion By 2028Winners of 3 straight, UTEP takes aim at short-handed Louisville
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Pittsburgh quarterback Eli Holstein was carted off the field with 5:32 left in the first quarter with an apparent left ankle injury during Saturday's Atlantic Coast Conference game against host Louisville. The freshman was sacked at the Panthers' 49-yard line by Louisville's Ashton Gillotte, who rolled on the quarterback's ankle. Holstein was in a walking boot as he was helped to the cart. Holstein missed last week's game against Clemson after suffering a head injury in the loss to Virginia two weeks ago. Holstein was 3-for-5 passing for 51 yards and an interception before exiting. Nate Yarnell, who threw for 350 yards in the loss to Clemson, replaced Holstein. --Field Level MediaA Closer Look At The Record Of F-35 Fighter Jet Crashes
Oklahoma's throwback offensive approach against Alabama gets LSU's attention
Louisville will aim to end a three-game losing streak when it hosts UTEP on Wednesday, but beating the Miners may not be an easy feat. UTEP (6-2) comes to the Derby City winners of three straight, most recently beating Seattle 88-72 on Saturday. The Miners shot 56.1 percent (32 of 57) and used a 24-2 first-half run to essentially put the game away. Coach Joe Golding said that first-half performance may have been UTEP's best in his four years leading the school. "I thought offensively and defensively the first 20 minutes we were really locked in and ready to go. (The game) never got close," he said. "We kept it at 20-plus points for the majority of the game. Our ball movement was terrific." Ahamad Bynum led the Miners with 19 points on 7-of-9 shooting off the bench, while Otis Frazier III added 18 points and five assists. Frazier (13.6 points per game) and Bynum (12.1 ppg) are among four UTEP players averaging in double figures. Bynum leads the country shooting 63.3 percent from beyond the 3-point arc, though he has attempted just 30 threes, making 19. Louisville (5-4) also started hot in its last game but could not sustain its momentum in a 76-65 home loss to then-No. 9 Duke on Sunday. Coach Pat Kelsey's team, which had just seven players healthy, made 10 of its first 14 shots to build a 30-16 lead before the Cardinals' lack of depth caught up to them. Louisville shot just 9-of-37 (24.3 percent) after its hot start and was outscored 43-28 after halftime. Terrence Edwards Jr. paced the Cardinals with 21 points in his first game as a reserve this season. Edwards (11.9 ppg) is one of four Louisville scorers averaging double figures, led by Chucky Hepburn leads the team in scoring (14.3 ppg) and is second in the country with 3.2 steals per game. The Cardinals entered the season with expectations of rotating 10 or more players to utilize Kelsey's up-tempo attack. However, swingman Kasean Pryor (knee) and guard Koren Johnson (shoulder) will both miss the rest of the season, while forward Aboubacar Traore (arm) is out indefinitely. After Sunday's loss, Kelsey did not rule out adding players to the roster during the season. "Everything's on the table," he said. "I don't sleep, figuring out what buttons to push to get this team to be the best that they can be. We'll scour every inch of the Earth to figure out how we can improve our team. And whether that happens or not, I have no idea, but I'm willing to try anything." --Field Level MediaFormer President Olusegun Obasanjo has expressed shock and disappointment over false rumours of his death that recently circulated on social media. Speaking during the commissioning of the Old Garage-Oke Fia-LAMECO Road in Osogbo, Osun State, on Tuesday, Obasanjo described the rumours as deeply upsetting and baseless. The former president made the remarks while attending the event at the invitation of Osun State Governor, Ademola Adeleke. Obasanjo said, “I was called early in the morning by a close ally, asking me to check social media. “I was surprised when I saw the rumour claiming I had died at midnight. I couldn’t believe it.” The former president explained that he immediately shared the false reports with his family and inner circle to reassure them of his well-being. “I told my family and friends not to be alarmed. Those wishing me dead will not have their way,” he said. Obasanjo, who spoke in Yoruba during the event, questioned the motives behind such harmful speculation. “Why would anyone wish me dead? Those who harbour such thoughts will not escape tragedy themselves,” he remarked. He lamented the growing trend of baseless news spreading rapidly on social media. “This kind of rumour is not only disturbing but shows the extent to which some people misuse technology. It is unacceptable,” Obasanjo said.
AP Business SummaryBrief at 2:00 p.m. ESTEmerging tight end Noah Gray gives Mahomes and the Chiefs another option in passing game
Ken Lingenfelter will open up The Lingenfelter Collection for its holiday toy drive and open house on Saturday, Dec. 7. From 12 p.m. to 3 p.m., people can visit The Lingenfelter Collection's 15,000-square-foot warehouse stocked with incredible cars. WATCH BELOW: Cruising Woodward with Ken Lingenfelter during the 2024 Woodward Dream Cruise From 10 a.m. to 5 p.m., people can visit The Lingenfelter Collection's 15,000-square-foot warehouse stocked with incredible cars. Annual open houses are the only time the car collection is open to the public, with proceeds supporting charities. People can visit by donating a toy at the door. There will also be pictures with Santa and refreshments.
Thrivent Financial for Lutherans raised its stake in Fair Isaac Co. ( NYSE:FICO – Free Report ) by 5.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,185 shares of the technology company’s stock after purchasing an additional 214 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Fair Isaac were worth $8,134,000 at the end of the most recent quarter. Other institutional investors also recently made changes to their positions in the company. EntryPoint Capital LLC purchased a new position in shares of Fair Isaac in the 1st quarter worth $25,000. Capital Performance Advisors LLP purchased a new position in shares of Fair Isaac in the 3rd quarter worth about $25,000. Advisors Asset Management Inc. acquired a new position in shares of Fair Isaac in the 1st quarter valued at about $26,000. Tortoise Investment Management LLC grew its holdings in shares of Fair Isaac by 81.8% during the 2nd quarter. Tortoise Investment Management LLC now owns 20 shares of the technology company’s stock worth $30,000 after purchasing an additional 9 shares during the period. Finally, Family Firm Inc. acquired a new stake in Fair Isaac during the 2nd quarter worth approximately $34,000. 85.75% of the stock is owned by hedge funds and other institutional investors. Fair Isaac Trading Up 0.8 % Shares of NYSE:FICO opened at $2,356.34 on Friday. Fair Isaac Co. has a 12-month low of $1,061.96 and a 12-month high of $2,402.51. The firm has a market cap of $57.37 billion, a PE ratio of 115.22, a price-to-earnings-growth ratio of 4.20 and a beta of 1.35. The company has a fifty day simple moving average of $2,055.62 and a 200 day simple moving average of $1,721.12. Insider Transactions at Fair Isaac In other news, Director Henry Tayloe Stansbury sold 249 shares of the business’s stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $2,338.55, for a total value of $582,298.95. Following the completion of the sale, the director now directly owns 92 shares in the company, valued at approximately $215,146.60. The trade was a 73.02 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink . Also, EVP Thomas A. Bowers sold 2,680 shares of the company’s stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $2,338.21, for a total value of $6,266,402.80. Following the sale, the executive vice president now directly owns 5,769 shares in the company, valued at approximately $13,489,133.49. This represents a 31.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here . In the last 90 days, insiders sold 6,890 shares of company stock valued at $13,780,452. Insiders own 3.54% of the company’s stock. Analysts Set New Price Targets FICO has been the topic of a number of recent research reports. Oppenheimer lifted their price target on shares of Fair Isaac from $1,967.00 to $2,109.00 and gave the company an “outperform” rating in a research report on Tuesday, October 8th. The Goldman Sachs Group upped their price target on shares of Fair Isaac from $2,130.00 to $2,374.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Robert W. Baird raised their price objective on Fair Isaac from $1,700.00 to $2,000.00 and gave the company a “neutral” rating in a research report on Thursday, November 7th. Wells Fargo & Company upped their target price on Fair Isaac from $2,200.00 to $2,400.00 and gave the stock an “overweight” rating in a research report on Thursday, November 7th. Finally, Needham & Company LLC raised their target price on Fair Isaac from $1,850.00 to $2,500.00 and gave the company a “buy” rating in a report on Thursday, November 7th. Four analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $1,964.92. Read Our Latest Research Report on FICO Fair Isaac Company Profile ( Free Report ) Fair Isaac Corporation develops analytic, software, and digital decisioning technologies and services that enable businesses to automate, enhance, and connect decisions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Scores and Software. The Software segment provides pre-configured analytic and decision management solution designed for various business needs or processes, such as account origination, customer management, customer engagement, fraud detection, financial crimes compliance, and marketing, as well as associated professional services. Further Reading Want to see what other hedge funds are holding FICO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fair Isaac Co. ( NYSE:FICO – Free Report ). Receive News & Ratings for Fair Isaac Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fair Isaac and related companies with MarketBeat.com's FREE daily email newsletter .NEW YORK (AP) — U.S. stocks climbed Thursday after market superstar Nvidia and another round of companies said they’re making even fatter profits than expected. The S&P 500 pulled 0.5% higher after flipping between gains and losses several times during the day. Banks, smaller companies and other areas of the stock market that tend to do best when the economy is strong helped lead the way, while bitcoin briefly broke above $99,000. Crude oil, meanwhile, continued to rise. The Dow Jones Industrial Average jumped 461 points, or 1.1%, and the Nasdaq composite edged up by less than 0.1%. Nvidia rose just 0.5% after beating analysts’ estimates for profit and revenue yet again, but it was still the strongest force pulling the S&P 500 upward. It also gave a forecast for revenue in the current quarter that topped most analysts’ expectations due to voracious demand for its chips used in artificial-intelligence technology. Its stock initially sank in afterhours trading Wednesday following the release of the results. Some investors said the market might have been looking for Nvidia’s revenue forecast to surpass expectations by even more. But its stock recovered in premarket trading Thursday, and Wedbush analyst Dan Ives said it was another “flawless” profit report provided by Nvidia and CEO Jensen Huang, whom Ives calls “the Godfather of AI.” The stock meandered through Thursday as well, dragging the S&P 500 and other indexes back and forth. How Nvidia’s stock performs has more impact than any other because it’s grown into Wall Street’s most valuable company at roughly $3.6 trillion. The frenzy around AI is sweeping up other stocks, and Snowflake jumped 32.7% after reporting stronger results for the latest quarter than analysts expected. The company, whose platform helps customers get a better view of all their silos of data and use AI, also reported stronger revenue growth than expected. BJ’S Wholesale Club rose 8.3% after likewise delivering a bigger profit than expected. That may help calm worries about how resilient U.S. shoppers can remain, given high prices across the economy and still-high interest rates. A day earlier, Target tumbled after reporting sluggish sales in the latest quarter and giving a dour forecast for the holiday shopping season. It followed Walmart , which gave a much more encouraging outlook. Nearly 90% of the stocks in the S&P 500 ended up rising Thursday, and the gains were even bigger among smaller companies. The Russell 2000 index of smaller stocks jumped a market-leading 1.7%. Google’s parent company, Alphabet, helped keep indexes in check. It fell 4.7% after U.S. regulators asked a judge to break up the tech giant by forcing it to sell its industry-leading Chrome web browser. In a 23-page document filed late Wednesday, the U.S. Department of Justice called for sweeping punishments that would include restrictions preventing Android from favoring its own search engine. Regulators stopped short of demanding Google sell Android but left the door open to it if the company’s oversight committee continues to see evidence of misconduct. All told, the S&P 500 rose 31.60 points to 5,948.71. The Dow jumped 461.88 to 43,870.35, and the Nasdaq composite added 6.28 to 18,972.42. In the crypto market, bitcoin eclipsed $99,000 for the first time before pulling back toward $98,000, according to CoinDesk. It’s more than doubled so far this year, and its climb has accelerated since Election Day. President-elect Donald Trump has pledged to make the country “the crypto capital of the planet” and create a “strategic reserve” of bitcoin. Bitcoin got a further boost after Gary Gensler, the chair of the Securities and Exchange Commission, said Thursday he would step down in January . Gensler has pushed for more protections for crypto investors. Bitcoin and related investment have a notorious history of big price swings in both directions. MicroStrategy, a company that’s been raising cash expressly to buy bitcoin, saw an early Thursday gain of 14.6% for its stock quickly disappear. It finished the day with a loss of 16.2%. In the oil market, a barrel of benchmark U.S. crude rose 2% to bring its gain for the week to 4.8%. Brent crude, the international standard, climbed 1.8%. Oil has been rising amid escalations in the Russia-Ukraine war. In stock markets abroad, shares of India’s Adani Enterprises plunged 22.6% Thursday after the U.S. charged founder Gautam Adani in a federal indictment with securities fraud and conspiracy to commit securities and wire fraud. The businessman and one of the world’s richest people is accused of concealing that his company’s huge solar energy project on the subcontinent was being facilitated by an alleged bribery scheme. Stock indexes elsewhere in Asia and Europe were mixed. In the bond market, the yield on the 10-year Treasury inched up to 4.43% from 4.41% late Wednesday following some mixed reports on the U.S. economy. One said fewer U.S. workers applied for unemployment benefits last week in the latest signal that the job market remains solid. Another report, though, said manufacturing in the mid-Atlantic region unexpectedly shrank. Sales of previously occupied homes, meanwhile, strengthened last month by more than expected. AP Business Writers Matt Ott and Yuri Kageyama contributed.Mid-America Apartment Communities Inc. stock underperforms Monday when compared to competitors despite daily gains
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Anti-NATO protest in Montreal erupts in fires, smashed windows, arrests, say police MONTREAL — Police say they've arrested several people following an anti-NATO protest that included two car fires and left some businesses with smashed windows. Canadian Press Nov 23, 2024 7:13 AM Nov 23, 2024 7:20 AM Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message MONTREAL — Police say they've arrested several people following an anti-NATO protest that included two car fires and left some businesses with smashed windows. Montreal police say they made at least three arrests following a demonstration that began late afternoon Friday. Police say that during the march, smoke bombs were deployed, metal barriers were thrown into the street and windows of businesses and at the convention centre were smashed. Delegates from NATO member states and partner countries are in Montreal this weekend to discuss issues including support for Ukraine, climate change and the future of the alliance. The protest was planned by the groups Divest for Palestine and the Convergence of Anti-Capitalist Struggles, who did not immediately respond to requests for comment Saturday. Foreign Affairs Minister Mélanie Joly condemned the protests in a Saturday morning post on social media platform X, saying that "rioting is not peaceful protest and has no place in Montreal or anywhere in Canada." "Those who spread hate and antisemitism, use violence, loot and destroy property must be condemned and held accountable," she added. Police spokesperson Manuel Couture says the demonstrators were completely dispersed at around 7 p.m. This report by The Canadian Press was first published Nov. 23, 2024. The Canadian Press See a typo/mistake? Have a story/tip? This has been shared 0 times 0 Shares Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message More National News Ottawa to deliver apology, $45M in compensation for Nunavik Inuit dog slaughter Nov 23, 2024 3:00 AM What a Texas border county flipping red after a century means for American politics Nov 23, 2024 3:00 AM Canada Post strike could delay influencer pup's holiday cards to dozens of fans Nov 23, 2024 3:00 AM Featured FlyerMan City throw away three-goal lead in embarrassing Feyenoord collapse as crisis escalates
Investors quickly revisited strategies of the first after President-elect Donald Trump vowed new tariffs on Mexico, Canada, and China. His posts on the Truth Social platform reignited volatility in the foreign exchange market, sending the U.S. dollar soaring against the peso, loonie, and yuan. However, mature traders took his rhetoric as a continuation of his negotiation tactics that they now had better tools to deal with. Economic Effects on Global Markets As reported by earlier, Trump proposed 25% tariffs on imports from Mexico and Canada, linked to drug and immigration problems, and 10% on Chinese goods due to fentanyl-related issues. The latter has raised concerns about disruptions in the economy while heralding his familiar approach toward using tariffs as leverage in trade negotiations. The Mexican peso and Canadian dollar dropped by over 2% and 1.4%, respectively, before stabilizing. Meanwhile, the Chinese yuan hit a four-month low against the dollar. Automotive and manufacturing stocks, particularly those reliant on Mexico, faced sell-offs. Honda's shares dropped 2%, reflecting unease over trade repercussions. Chinese officials noted that drug interdiction efforts have improved and reaffirmed no party wins in trade wars. Experts do think that China could step up its drive toward greater technological independence. "China already has a template to deal with tariffs in reference to Trump 1.0," Simon Yu, the vice general manager at Panyao Asset Management in Shanghai, said. Yu added that with regard to tech-related punishments, China could have a solution to combat it through "import substitution" and self-reliance. "Regarding other clampdowns such as tech-related sanctions, China may accelerate the process of self-reliance and import substitution." Another expert, Robert St. Clair, the head of investment strategy at Fullerton Fund Management in Singapore, said that any finalized packaging could spell a slight difference from the starting positions. He added that Trump is all-in on his anti-inflation goals that's why he would continue to improve domestic manufacturing and competitiveness in the country. Therefore, this suggests, that US imports cannot be extreme to an extent. The New Normal We Should Accept While the presidential announcements surprised markets, investors anticipate that negotiations will eventually moderate the threat of even the most inflammatory rhetoric, reports. For example, Fullerton Fund Management's Robert St Clair opined that Trump's anti-inflation program would require tariffs not to harm U.S. manufacturing competitiveness. Speaking of tariffs, even for the big change that is about to come. Gaming gears, according to Tech Times are expected to increase in prices so it's recommended to buy them before the Trump inauguration. Volatility Looms Ahead Trump's unpredictable style casts a layer of uncertainty over financial markets. His propensity to make policy changes through social media increases headline risks, and thus investors need to hedge their bets. However, experienced traders remember similar market behavior during Trump's first term, hence equipping them with strategies to overcome the storm. Preparing for Policy Changes The financial world braces for another chapter of trade negotiations under Trump's administration. While his policies introduce volatility, they also offer opportunities for those willing to adapt. As one strategist aptly put it, "It feels like we've just had a time warp back to 2016." Markets may be jittery, but they are also prepared.The greatest economy in the world has benefited immeasurably from a kaleidoscope of hard-working people of varied ethnicities, a rich mixture of languages and cultures. “We the people” should demand an immigration policy worthy of such lofty stature, one that pushes back against the demagogic forces of today’s Republican Party.
