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Trump turns to outsider to shake up Navy, but his lack of military experience raises concerns

Trump has flip-flopped on abortion policy. His appointees may offer clues to what happens next

Hip-hop megastar Jay-Z has emphatically denied accusations in a lawsuit that he and fellow entertainer Sean “Diddy” Combs raped a 13-year-old girl more than two decades ago. The complaint was amended Sunday in U.S. District Court in New York to add Jay-Z as a defendant after originally being filed against Combs in October. It alleges they “took turns assaulting the minor” at a party after the MTV Video Music Awards in 2000. In a statement issued Sunday by Roc Nation, Jay-Z’s entertainment company, he assailed Tony Buzbee, the attorney for the anonymous accuser. “These allegations are so heinous in nature that I implore you to file a criminal complaint, not a civil one!” the statement said. “Whomever would commit such a crime against a minor should be locked away, would you not agree?” The statement called the lawsuit’s claims “idiotic” and something that would be laughable “if not for the seriousness surrounding harm to kids.” “You have made a terrible error in judgment in thinking that all ‘celebrities are the same,’ ” the statement said. “I’m not from your world. I’m a young man who made it out of the project of Brooklyn. We don’t play these types of games. We have very strict codes and honor. We protect children. ...” Federal prosecutors charged Combs in September with crimes including sex trafficking and racketeering. He has pleaded not guilty. Buzbee, a Texas-based attorney, has filed several lawsuits against Combs since his arrest. The attorney didn’t immediately respond to a request for comment. An anonymous celebrity sued Buzbee in Los Angeles County Superior Court in November, accusing the attorney of threatening to “unleash entirely fabricated and malicious allegations of sexual assault” if the celebrity didn’t participate in a “confidential mediation.” The lawsuit said Buzbee alleged the celebrity raped “multiple minors, both male and female, who had been drugged at parties hosted by Combs.” On Sunday, Buzbee pushed back against Jay-Z on social media: “Mr. Carter previously denied being the one who sued me and my firm. He filed his frivolous case under a pseudonym. ... Since I sent the letter on her behalf, Mr. Carter has not only sued me, but he has tried to bully and harass me and this plaintiff. His conduct has had the opposite impact. She is emboldened. I’m very proud of her resolve.”

SAN ANTONIO , Nov. 22, 2024 /PRNewswire/ -- The 2025 Hyundai Santa Cruz XRT has been named the Compact Truck of Texas at the Texas Auto Writers Association (TAWA) annual Truck Rodeo held Sept. 26-27, 2024 . The TAWA Texas Truck Rodeo is a prominent annual event where top automotive media evaluate new vehicles based on performance, value, and overall appeal. Competing against strong contenders, the updated 2025 Santa Cruz XRT impressed judges with its rugged design, advanced technology, and enhanced off-road capability. "We are thrilled to see the 2025 Hyundai Santa Cruz XRT recognized as the 'Compact Truck of Texas .' This award reflects our commitment to offering customers a versatile, fun-to-drive vehicle that is not only capable off-road but also packed with cutting-edge technology and design," said Ricky Lao , director of product planning, Hyundai Motor North America. "The Santa Cruz XRT brings together rugged capability with advanced safety features, making it the perfect choice for adventure-minded consumers seeking the best of both worlds." "The Texas Truck Rodeo is a premier event where vehicles are put to the test by seasoned automotive journalists, and the competition this year was fierce. The 2025 Hyundai Santa Cruz XRT stood out for its impressive blend of rugged off-road capability, cutting-edge technology, and unique design," said Cory Fourniquet , president, Texas Auto Writers Association. "This recognition as the 'Compact Truck of Texas' is well-deserved and highlights Hyundai's commitment to delivering versatile and innovative vehicles that meet the needs of Texas drivers." The 2025 Santa Cruz XRT, featuring a new aggressive front design, XRT-exclusive enhancements including front tow hooks, all-terrain tires, and wrench-inspired wheels, sets a new standard. The model's updated interior boasts a panoramic curved display with an available 12.3-inch driver information cluster and infotainment touchscreen display, alongside standard wireless Apple CarPlay® and Android AutoTM, providing an intuitivedriving experience. Hyundai Motor America Hyundai Motor America offers U.S. consumers a technology-rich lineup of cars, SUVs, and electrified vehicles, while supporting Hyundai Motor Company's Progress for Humanity vision. Hyundai has significant operations in the U.S., including its North American headquarters in California , the Hyundai Motor Manufacturing Alabama assembly plant, the all-new Hyundai Motor Group Metaplant America, and several cutting-edge R&D facilities. These operations, combined with those of Hyundai's 835 independent dealers, contribute $20.1 billion annually and 190,000 jobs to the U.S. economy, according to a recent economic impact report . For more information, visit www.hyundainews.com . Hyundai Motor America on Twitter | YouTube | Facebook | Instagram | LinkedIn | TikTok View original content to download multimedia: https://www.prnewswire.com/news-releases/2025-hyundai-santa-cruz-xrt-named-compact-truck-of-texas-at-texas-auto-writers-associations-truck-rodeo-302314024.html SOURCE Hyundai

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It didn't take Syracuse first-year coach Fran Brown long to figure out the key matchup for Saturday afternoon's Atlantic Coast Conference game visiting Miami. "Syracuse has a really good quarterback," Brown said of Kyle McCord, "and Miami has a really good quarterback (Cam Ward)." With a win on Saturday, the No. 6 Hurricanes (10-1, 6-1 ACC) can clinch a berth in the league championship game against SMU. Miami is a 10 1/2-point favorite for Saturday's game. Syracuse (8-3, 4-3) has reached eight wins for just the fourth time since 2002, going 8-5 in 2010 and 2012 and 10-3 in 2018. However, the Orange haven't defeated a Top-10 team since knocking off Clemson in 2017. Miami leads the nation in scoring (44.7), and the Hurricanes will count on perfect passing conditions in Syracuse's dome. That could be huge for Ward, who leads the nation with 34 touchdown passes, ranking second in passing yards (3,774) and fourth in passing efficiency. Ward's top target is wide receiver Xavier Restrepo, who needs just 21 yards to reach 1,000 for the second straight season. Restrepo also ranks tied for seventh in the nation with 10 TD receptions. Ward has some other top targets, including 6-foot-4, 245-pound tight end Elijah Arroyo, who is a walking mismatch because of his size and speed. He leads Miami with 18.5 yards per reception. Hurricanes wide receivers Isaiah Horton and Jacolby George have combined for 12 TD passes, and Sam Brown has added two more. Each of them has more than 500 receiving yards this season. Miami's running game features battering ram Damien Martinez (739 yards, 5.5 average, eight TDs); versatile Mark Fletcher Jr. (499 yards, 5.7 average, six TDs); and game-breaking freshman Jordan Lyle (361 yards, 8.6 average, four TDs). Defensively, Miami's big-play man is safety Mishael Powell, who ranks second in the ACC with five interceptions. "He's all about winning," Miami coach Mario Cristobal said of Powell. "He's a smart, self-starting team player." On special teams, Miami kicker Andres Borregales ranks second in the ACC with 97 points. He is 52-for-52 on extra points and 15-for-16 on field goals. Meanwhile, McCord ranks No. 1 in the nation in passing yards (3,946) and tied for seventh in TD passes (26). McCord, a transfer from Ohio State, has also set Syracuse's single-season record for passing yards. In last week's 31-24 win over Connecticut, McCord passed for a career-high 470 yards. However, McCord is just 46th in the nation in passing efficiency, due in part to his high total of interceptions (12). Syracuse also has three of the top six pass-catchers in the ACC in terms of yards: tight end Oronde Gadsden II (810) and wide receivers Jackson Meeks (801) and Trebor Pena (743). Gadsden, who is from the greater Miami area, has had three straight 100-yard games. He is the son of former Miami Dolphins wide receiver Oronde Gadsden. Syracuse's run game is led by LeQuint Allen, who has rushed for 819 yards, a 4.3 average and 12 TDs. The issue for Syracuse could be its defense, which ranks 13th in the ACC in points allowed (27.8). Miami's defense is fourth (22.3). Even so, Syracuse coach Brown said he's excited about this matchup. "I heard Miami is going to come deep," Brown said of Miami fans. "It's going to be intense in the stands. It's going to be intense on the field. I think this is a game everyone wants to see." --Field Level Media

PITTSBURGH, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Duolingo, Inc. (Nasdaq: DUOL), the world's leading mobile learning platform, announced today that it has appointed Bonnie Ross as an independent board member. Ms. Ross is a pioneering visionary with 30 years of experience working in the gaming industry. Most recently, she served as Corporate Vice President for Microsoft and Head of the Halo franchise. In her leadership role, she was instrumental in advancing the Halo franchise, leveraging a dedicated and talented team to incorporate cutting-edge technology and storytelling. She led the expansion of Halo’s reach into transmedia, contributing to its evolution into a global phenomenon with over $6 billion in consumer spend, spanning games, live-action series, novels, and consumer products. “A core principle at Duolingo is ‘make it fun’, because learning shouldn’t be boring,” said Luis von Ahn, CEO and co-founder of Duolingo. “Bonnie has deep experience in creating fun and innovative gaming experiences and building iconic global franchises. I couldn’t be happier to welcome her to our board.” "As an enthusiastic Duolingo user, I’m inspired by the platform’s ability to make learning entertaining and engaging. It fosters a competitive and social learning environment and challenges me to keep making daily progress, particularly in my quest to impress Lily,” said Ms. Ross. “I’m eager to contribute to Duolingo’s mission of making high-quality education fun and available to everyone." During her career at Microsoft, Ms. Ross developed or published many top titles, including Zoo Tycoon, Mass Effect and Gears of War . In 2019 she was inducted into the AIAS Hall of Fame for her contributions to the gaming industry and for her efforts to promote STEM learning and diversity, as a co-founder of the Women in Gaming community. She currently serves on the Dean’s Leadership Council for the College of Natural Sciences at Colorado State University. About Duolingo Duolingo is the leading mobile learning platform globally. Its flagship app has organically become the world's most popular way to learn languages and the top-grossing app in the Education category on both Google Play and the Apple App Store. With technology at the core of everything it does, Duolingo has consistently invested to provide learners a fun, engaging, and effective learning experience while remaining committed to its mission to develop the best education in the world and make it universally available. Contact Information Investors: Deborah Belevan, IRC, CPA ir@duolingo.com Media: Sam Dalsimer press@duolingo.com A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6411a015-afbc-4c08-8893-6f29bdd7924dThere are dozens of sweepstakes casinos available to eligible players across the U.S. In this detailed breakdown, we’ll cover the five best sweeps casinos to play at before New Year’s . McLuck Casino: get up 57,500 GC + 27.5 free SC McLuck Casino is one of our favorite sweepstakes casinos to play at before New Year’s. First-time players at McLuck get up to 57,500 and 27.5 free Sweepstakes Coins . (That includes a no deposit bonus of 7,500 GC and 2.5 SC.) There’s no purchase necessary when playing at any sweepstakes casino online . So you can take your free GC and SC to try out a few of McLuck’s more than 700 casino games . For the festive season, the McLuck logo on the social gaming platform depicts holiday lights and a Santa hat. Santa is also featured in some of the latest promos, including festive wins on Christmas games. Under the Spins & Wins category, Pragmatic Play titles include Big Bass Xmas Xtreme , Christmas Carol Megaways , Christmas Big Bass Bonanza , and Sweet Bonanza Xmas . Click on any game to get an overview of betting limits, max multipliers, volatility, exclusive McJackpots, and more. Crown Coins Casino: get up to 100K CC + 2 free SC Like McLuck, Crown Coins Casino launched in 2023. While McLuck offers hundreds of free-to-play social casino games, Crown Coins provides around 150 titles. However, new players at Crown Coins get a better bonus with up to 100K CC and 2 free SC . As one of the best sweeps casinos to play before New Year’s, seasonal titles at Crown Coins include Diamond Explosion Christmas Tango , Brew Brothers Xmas Brew , Santa’s Xmas Rush , and Gates of Olympus Xmas 1000 . Zula Casino: get up to 10 free SC + 120K GC The Zula Casino is a unique option on our radar. With more than 1,200 casino games, that’s a much more diverse roster than Crown Coins. The sleek and straightforward gaming platform at Zula includes hot titles like Fire Stampede (Connect & Collect) , Golden Trails of Zula (exclusive), Sweet Bonanza 1000 , and Rocket Reels from Hacksaw Gaming . Under the promotions tab, there’s a Zula’s Game and Event Advent Calendar. The promo includes new slots, daily offers, social media giveaways, and more. First-time players at Zula Casino get up to 10 free SC and 120,000 free GC . RealPrize Casino: get up to 625L GC + 125 free SC + 1250 VIP Points As one of the newest sweepstakes casinos to play before New Year’s, RealPrize Casino offers around 300 games. New players at RealPrize receive up to 625K GC, 125 free SC, and 1,250 VIP Points . Like most sweeps casinos, there’s a daily bonus —worth 5,000 GC and 0.30 SC on your first day. There’s also an Advent Calendar with free gifts and special discounts to celebrate the holiday season. Various seasonal promos at RealPrize include new games like Ding Dong Christmas Bells , Diamond Bounty Xmas Hold and Win , Big Bass Christmas Bash , and Penguins Christmas Party Time . There are also three table games at RealPrize: Video Poker , Oasis Poker Classic , and Texas Hold’em . PlayFame Casino: get up to 80K GC + 30 free SC Another new sweepstakes casino, PlayFame , launched in 2024, like RealPrize. With hundreds of titles, PlayFame is starkly different from RealPrize. While RealPrize offers a traditional sweepstakes casino without bells and whistles, PlayFame provides a purplish background amidst a more interactive social gaming platform. With its vibrant visual appearance, games at PlayFame pop out at you as you scroll down to the jackpots. GC jackpots reach up to 200 million. Among the promos at PlayFame, there’s a seasonal offer called Santa’s Leaderboard Legends with a 6 million GC prize pool. Eight promo titles (from Evoplay) include Hot Triple Sevens , Bull’s Club , and The Greatest Catch . New players at PlayFame Casino get up to 80K GC and 30 free SC . Hello Millions: get 15,000 GC + 2.5 free SC for signing up While we’ve covered the five best sweeps casinos to play before New Year’s, we’ll add Hello Millions as a sixth option. Hello Millions is a companion site to McLuck (under B-Two Operations Limited) with a red comic book theme. Players who prefer a bright gaming platform may prefer Hello Millions over McLuck. Similar features include Pragmatic Jackpot Play titles, additional jackpots, and social media giveaways. For seasonal offers at Hello Millions, there are daily festive prize drops and weekly tournaments. Prize pools range from 600 million GC to 300K free SC. Stop by the Social Live Casino for about ten games, including online blackjack , baccarat, and roulette. 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MADRID (AP) — Barcelona got back to winning in the Spanish league in style, routing Mallorca 5-1 on Tuesday with a pair of goals by Raphinha. Ferran Torres, Frenkie de Jong and Pau Víctor also scored for Barcelona, which hadn't won in three consecutive league games to allow Real Madrid to inch closer at the top of the standings. Madrid is now four points back although it has two games in hand. Torres, who got to start in place of league-leading scorer Robert Lewandowski, opened the scoring in the 12th minute after Mallorca defenders failed to clear an easy ball from inside the area. One defender tried to kick it away but it ended ricocheting off a teammate to give Ferran an easy shot on goal. The hosts equalized with Vedat Muriqi in a breakaway just before halftime in what was Mallorca's only shot on target, but Raphinha put Barcelona back in front by converting a 56th-minute penalty kick. He added to the lead in the 74th after a nice assist by Lamine Yamal. Raphinha now has 11 goals in 16 league games this season. “This is probably my best moment, but I want to do more,” Raphinha said. “We knew it was important to win again after three matches in which something was lacking. It wasn't our best match, but it was important to win.” Yamal also helped set up De Jong's goal five minutes later, not long after the midfielder had come off the bench. It was De Jong who then assisted Víctor's goal in the 84th. Barcelona has scored five or more goals in a match for the sixth time this season across all competitions. It has outscored opponents 48-17 in the league alone. Story continues below video Barcelona had lost twice in its last three league matches — 2-1 to Las Palmas at home on Saturday and 1-0 at Real Sociedad three rounds ago. Its other setback was a 2-2 draw at Celta Vigo when it was winning 2-0 until late in the match. The game against Mallorca was moved forward in the schedule because both clubs will be playing in the Spanish Super Cup in January. Real Madrid and Athletic Bilbao, the other two clubs in the Super Cup, will meet on Wednesday in Bilbao. Barcelona, which beat Brest in the Champions League last week, will visit Real Betis in its next league match on Saturday. Mallorca, sitting in sixth place in the Spanish league, faces Celta on Friday. Mallorca was coming off two straight league victories — against Valencia and at Las Palmas. In the second round of the Copa del Rey, fourth-division club Barbastro ousted top-flight club Espanyol 2-0, while Celta Vigo trounced Salamanca 7-0, Las Palmas defeated Europa 2-1 and Valladolid beat Ávila 4-2. AP soccer: https://apnews.com/hub/soccer

NEW YORK , Nov. 21, 2024 /PRNewswire/ -- With winter's chill fast approaching, AVAPOW, a leading expert in vehicle tools, is making it easier for vehicle owners to prepare for the season's challenges. From November 21st to December 2nd , AVAPOW's Black Friday event offers exclusive discounts on essential to ols for winter readiness. Available on Amazon, TikTok Shop, Walmart, and Mercado, this limited-time event highlights a range of powerful and reliable products designed to support drivers through the cold months ahead. Trusted by vehicle owners, AVAPOW's tools are known for their reliability and performance, especially in tough winter conditions. Whether tackling freezing mornings or addressing unexpected roadside issues, these products have become indispensable for many. Building on this trust and proven performance, AVAPOW is proud to highlight the following key products during the Black Friday event. AVAPOW Black Friday Highlight Products These products are not only practical tools but also make thoughtful gifts for anyone who relies on their vehicle during the winter season. Don't miss the chance to take advantage of these special offers and ensure your journeys are safe and hassle-free. About AVAPOW At AVAPOW, we recognize that life is a journey filled with both challenges and opportunities. "AVA" represents two different directions: a time to rise like an A, and a time to fall like a V. But we believe that we shall overcome and keep moving up as an A. "POW" signifies the inner power and strength we all have in our deepest hearts, inspiring us to move forward with confidence, unafraid of anything. Our Mission "Wherever there is a road, we will be there with you." We are committed to empowering you to explore the world, equipped with the right tools to navigate any situation, ensuring that every journey is met with confidence and reliability. Our Vision To become a world-class brand in automotive tools. Official Website : https://www.avapow.net/ Amazon Flagship Store : https://www.amazon.com/stores/AVAPOW/page/706D9338-B5FE-451B-AE07-032137EE8ADA TikTok Flagship Shop: https://vt.tiktok.com/ZTYNB5DDX Official Social Media Facebook: https://www.facebook.com/avapow.fans Linkedin: https://www.linkedin.com/company/avapow/ TikTok: https://www.tiktok.com/@avapow Contact : marketing@avapow.net View original content to download multimedia: https://www.prnewswire.com/news-releases/avapows-black-friday-event-essential-automotive-tools-at-exclusive-prices-302311264.html SOURCE AVAPOW TECHNOLOGY INC.

As the off-season unfolds, ATP and WTA stars are making the most of their time away from the tennis courts to fulfil commitments and enjoy some downtime. Serena and Venus Williams shared highlights from their recent family trip to Disney World, which you can find in this new Daily Dose of Social Media . Meanwhile, Leylah Fernandez “risked her life” during a recent photoshoot for one of her sponsors, Carlos Alcaraz looked back on his vacation time as he returns to training, and Aryna Sabalenka shared exclusive photos from her visit to the Abu Dhabi Grand Prix alongside her boyfriend. Venusand Serena Williams enjoy family time at Disney World SerenaWilliams shared a carousel of photos from her family getaway to Disney World,where she also spent time with her sister, Venus Williams. The two multi-timeGrand Slam champions posed for several family photos, including ones in frontof Cinderella's Castle at Magic Kingdom and on the Tron Lightcycle / Run rollercoaster. “Earned my ears @disney!!! ➡️✅✅” Venus Williams posted. “There’snothing like a quick family trip to @disneyparks. There’s no place like Disney ,” Serena Williams wrote alongside aset of photos featuring her sisters, Lyndrea Price and Isha Price, and theirmother, Oracene Price. Serena's husband, Alexis Ohanian, and their daughters,7-year-old Olympia and 1-year-old Adira, also joined the trip. SerenaWilliams, a 23-time Grand Slam champion, retired in September 2022 after the USOpen and has since focused on her business ventures and investments. However,she continues to prioritise family time, frequently sharing photos and videoswith her husband and daughters. On the other hand, Venus remains officiallyactive on the professional tour, although her appearances have been sporadic.In 2024, she played just two matches during the Sunshine Double in March,losing in the first round at both Indian Wells and the Miami Open. Una publicación compartida de Venus Williams (@venuswilliams) Una publicación compartida de Serena Williams (@serenawilliams) ArynaSabalenka shares photos from F1 Abu Dhabi Grand Prix visit ArynaSabalenka, World No. 1, shared a carousel of photos from her visit to Abu Dhabifor the F1 Grand Prix. Just a day earlier, she stole the spotlight dancing to"The Ketchup Song" alongside the Alpine team in a viral video beforethe race began. This time, the Belarusian posted snapshots of her day as aspectator at the event, where she was accompanied by her boyfriend, GeorgiosFrangulis. Thethree-time Grand Slam champion was recently named Player of the Year atthe WTA Awards for the first time in her career, following a stellar season.Sabalenka ended the year ranked No. 1, winning four titles with a remarkable56-14 record and earning over $9.7 million in prize money. Sabalenkais set to return to action on December 30th at the Brisbane International,marking the start of the 2025 season. The Belarusian has 2,300 points to defendearly in the year, earned from her runner-up finish in Brisbane (losing toElena Rybakina) and her Australian Open title (defeating Zheng Qinwen) lastseason. Una publicación compartida de Aryna Sabalenka (@arynasabalenka) Shapovalovoptimistic for 2025 after ranking surge DenisShapovalov shared an honest reflection with his fans about his latest seasonand expressed his ambitions for 2025. The Canadian tennis player had to stepaway from the courts for about six months in the second half of 2023 due toinjury and spent 2024 working to climb back up the rankings. 'Shapo' seemed tofind his rhythm again towards the end of the season, clinching the title at theBelgrade Open, which helped him finish the year ranked World No. 56, a jump ofmore than 80 places in the last four months of the year. “I’m superproud of how hard I worked this year. Coming back from an injury is never easy,and I had to be really patient with my body and the results... but ending on ahigh note meant a lot!! ,” the former World No. 10 wrote.“Thank you to the fans around the world for your support every week and to allthe Canadians for always cheering me on... I’m always proud to represent you oncourt!! I’m already working really hard in my 2025 preseason training with myteam so I can’t wait to see you all on court again in the new year to pick upwhere we left off ” Una publicación compartida de Denis Shapovalov (@denis.shapovalov) ‘Risking her life’: Leylah Fernandez impresses with photoshoot antics LeylahFernandez shared a playful video capturing what she described as “risking herlife” during a new photoshoot. The Canadian tennis star is making the most ofthe off-season by fulfilling commitments with her sponsors, including regularphotoshoots. The former US Open runner-up gave fans a sneak peek of an upcomingshoot with a lighthearted moment caught on camera. “That onetime I risked my life for a photo,” Fernandez wrote as she posed with her armsback for a shot. In the clip, a production team member warned her in Frenchbefore dropping tennis balls from above: “Leylah, I’m sorry if I hit you, Idon’t want to...” Fernandez nodded, signalling she was ready for the moment. As dozensof tennis balls rained down near Fernandez, none of them hit her, much to thesurprise of the production team and the player herself. Fernandez burst intolaughter after emerging unscathed from the stunt. “Can’t wait to share theresults of this shoot with you!! Some exciting projects in the works,” sheadded. Una publicación compartida de @leylahanniefernandez (@leylahannietennis) Alcaraz’soff-season – vacations, exhibitions, and a return to the court Carlos Alcaraz shared a carousel of moments on Instagram over the past few weeks after wrapping up the season. The 4-time Grand Slam champion took some time off to relax and fulfill various commitments, carving out moments to enjoy vacations with his friends, including beach outings, yacht rides, and even partying. The world No. 3 also showcased his golf skills and made time to visit the tennis court to kick off preparations for the 2025 season. The Spaniard enjoyed a brief vacation in the Dominican Republic before heading to the USA for two exhibition matches—first against Ben Shelton in New York City and then against Frances Tiafoe in Charlotte. With those commitments behind him, Alcaraz is now back in Spain, training at the Juan Carlos Ferrero Academy, where he will be joined this week by fellow players Jack Draper and Flavio Cobolli. Una publicación compartida de Carlos Alcaraz Garfia (@carlitosalcarazz) This article first appeared on TennisUpToDate.com and was syndicated with permission.Stock market today: Nvidia drags Wall Street lower as oil and gold rise NEW YORK (AP) — A slide for market superstar Nvidia helped pull U.S. stock indexes down from their records. The S&P 500 fell 0.6% Monday, coming off its 57th all-time high of the year so far. The Dow Jones Industrial Average fell 0. Stan Choe, The Associated Press Dec 9, 2024 1:05 PM Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message FILE - A sign marks the intersection of Wall Street and South Street in New York's Financial District on Nov. 26, 2024. (AP Photo/Peter Morgan, File) NEW YORK (AP) — A slide for market superstar Nvidia helped pull U.S. stock indexes down from their records. The S&P 500 fell 0.6% Monday, coming off its 57th all-time high of the year so far. The Dow Jones Industrial Average fell 0.5%, and the Nasdaq composite dropped 0.6% from its own record. Nvidia was the market’s heaviest weight after China said it’s probing the chip giant for potential antitrust violations. Stocks in Hong Kong jumped after top Chinese leaders agreed on a “moderately loose” monetary policy. Prices for oil and gold rose following the ouster of Syrian leader Bashar Assad. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. NEW YORK (AP) — A slide for market superstar Nvidia on Monday is helping to pull U.S. stock indexes down from their records. The S&P 500 fell by 0.3% in afternoon trading, coming off its 57th all-time high of the year so far. The Dow Jones Industrial Average was down 57 points, or 0.1%, as of 1:53 p.m. Eastern time, and the Nasdaq composite pulled back 0.3% from its own record. Nvidia's drop of 2.1% was by far the heaviest weight on the S&P 500 after China said it's investigating the company over suspected violations of Chinese anti-monopoly laws. Nvidia has skyrocketed to become one of Wall Street’s most valuable companies because its chips are driving much of the world’s move into artificial-intelligence technology. That gives its stock’s movements more sway on the S&P 500 than nearly every other. Nvidia's fall overshadowed gains in Hong Kong and for Chinese stocks trading in the United States on hopes that China will deliver more stimulus for the world's second-largest economy. Roughly half the stocks in the S&P 500 also rose. The week’s highlight for Wall Street will arrive midweek when the latest updates on inflation arrive. Economists expect Wednesday’s report to show the inflation that U.S. consumers are feeling remained stuck at roughly the same level last month. A separate report on Thursday, meanwhile, could show an acceleration in inflation at the wholesale level. They’re the last big pieces of data the Federal Reserve will get before its meeting next week on interest rates. The widespread expectation is still that the central bank will cut its main interest rate for the third time this year. The Fed has been easing its main interest rate from a two-decade high since September to offer more help for the slowing job market, after bringing inflation nearly all the way down to its 2% target. Lower interest rates can ease the brakes off the economy, but they can also offer more fuel for inflation. Expectations for a series of cuts from the Fed have been a major reason the S&P 500 has set so many all-time highs this year. On Wall Street, Interpublic Group rose 5.8% after rival Omnicom said it would buy the marketing and communications firm in an all-stock deal. The pair had a combined revenue of $25.6 billion last year. Omnicom, meanwhile, sank 9.3%. Macy’s climbed 1.5% after an activist investor, Barington Capital Group, called on the retailer to buy back at least $2 billion of its own stock over the next three years and make other moves to help boost its stock price. Super Micro Computer rose 4.6% after saying it got an extension that will keep its stock listed on the Nasdaq through Feb. 25, as it works to file its delayed annual report and other required financial statements. Earlier this month, the maker of servers used in artificial-intelligence technology said an investigation found no evidence of misconduct by its management or by the company’s board following the resignation of its public auditor . In the oil market, a barrel of benchmark U.S. crude rallied 2% to $68.56 following the overthrow of Syrian leader Bashar Assad, who sought asylum in Moscow after rebels. Brent crude, the international standard, was mostly unchanged at $71.05. The price of gold also rose 1% amid the uncertainty created by the end of the Assad family’s 50 years of iron rule. In stock markets abroad, the Hang Seng jumped 2.8% in Hong Kong after top Chinese leaders agreed on a “moderately loose” monetary policy for the world’s second-largest economy. That’s a shift away from a more cautious, “prudent” stance for the first time in 10 years. A major planning meeting later this week could also bring more stimulus for the Chinese economy. U.S.-listed stocks of several Chinese companies climbed, such as a 13.1% jump for electric-vehicle company Nio and a 9.1% rise for Alibaba Group. Stocks in Shanghai, though, were roughly flat. In Seoul, South Korea’s Kospi slumped 2.8% as the fallout continues from President Yoon Suk Yeol 's brief declaration of martial law last week in the midst of a budget dispute. In the bond market, the yield on the 10-year Treasury rose to 4.19% from 4.15% late Friday. ___ AP Business Writers Matt Ott and Elaine Kurtenbach contributed. Stan Choe, The Associated 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 The Mix Man in custody had a gun, mask and writings tying him to killing of UnitedHealthcare CEO, police say Dec 9, 2024 2:00 PM S&P/TSX composite down Monday, U.S. markets also move lower Dec 9, 2024 1:56 PM 'Infuriating': Wait times grow amid Canada Post strike as backlogs, frustration mount Dec 9, 2024 1:55 PM Featured FlyerGSA Capital Partners LLP boosted its position in NVIDIA Co. ( NASDAQ:NVDA – Free Report ) by 142.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 52,598 shares of the computer hardware maker’s stock after buying an additional 30,940 shares during the quarter. NVIDIA makes up about 0.5% of GSA Capital Partners LLP’s holdings, making the stock its biggest position. GSA Capital Partners LLP’s holdings in NVIDIA were worth $6,388,000 at the end of the most recent reporting period. Several other large investors have also made changes to their positions in NVDA. Hoertkorn Richard Charles lifted its stake in NVIDIA by 2.0% in the third quarter. Hoertkorn Richard Charles now owns 3,490 shares of the computer hardware maker’s stock valued at $424,000 after buying an additional 70 shares in the last quarter. Smart Portfolios LLC increased its holdings in NVIDIA by 2.7% during the third quarter. Smart Portfolios LLC now owns 2,805 shares of the computer hardware maker’s stock worth $341,000 after buying an additional 75 shares during the last quarter. Total Wealth Planning LLC lifted its stake in NVIDIA by 3.6% in the 3rd quarter. Total Wealth Planning LLC now owns 2,275 shares of the computer hardware maker’s stock valued at $276,000 after purchasing an additional 78 shares during the last quarter. Boyd Watterson Asset Management LLC OH raised its stake in NVIDIA by 0.3% in the 3rd quarter. Boyd Watterson Asset Management LLC OH now owns 30,080 shares of the computer hardware maker’s stock valued at $3,653,000 after acquiring an additional 80 shares during the period. Finally, Pavion Blue Capital LLC raised its holdings in NVIDIA by 0.4% in the 3rd quarter. Pavion Blue Capital LLC now owns 21,650 shares of the computer hardware maker’s stock valued at $2,629,000 after acquiring an additional 80 shares during the period. Institutional investors and hedge funds own 65.27% of the company’s stock. Insider Transactions at NVIDIA In other NVIDIA news, Director Tench Coxe sold 1,000,000 shares of the firm’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $131.26, for a total value of $131,260,000.00. Following the sale, the director now directly owns 28,671,360 shares in the company, valued at approximately $3,763,402,713.60. This trade represents a 3.37 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link . Also, Director Mark A. Stevens sold 155,000 shares of NVIDIA stock in a transaction dated Wednesday, October 9th. The shares were sold at an average price of $132.27, for a total transaction of $20,501,850.00. Following the sale, the director now owns 8,100,117 shares in the company, valued at approximately $1,071,402,475.59. This represents a 1.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here . In the last three months, insiders have sold 1,351,886 shares of company stock worth $176,825,650. 4.23% of the stock is currently owned by insiders. Wall Street Analyst Weigh In Check Out Our Latest Report on NVDA NVIDIA Stock Performance NVIDIA stock opened at $137.01 on Friday. NVIDIA Co. has a 52 week low of $47.32 and a 52 week high of $152.89. The company has a current ratio of 4.10, a quick ratio of 3.64 and a debt-to-equity ratio of 0.13. The stock has a market cap of $3.36 trillion, a P/E ratio of 53.92, a price-to-earnings-growth ratio of 2.43 and a beta of 1.64. The stock has a 50 day moving average of $139.97 and a 200-day moving average of $127.90. NVIDIA ( NASDAQ:NVDA – Get Free Report ) last issued its earnings results on Wednesday, November 20th. The computer hardware maker reported $0.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.12. NVIDIA had a net margin of 55.69% and a return on equity of 114.83%. The business had revenue of $35.08 billion for the quarter, compared to analyst estimates of $33.15 billion. During the same quarter in the prior year, the business posted $0.38 EPS. The company’s revenue for the quarter was up 93.6% on a year-over-year basis. On average, analysts expect that NVIDIA Co. will post 2.78 EPS for the current fiscal year. NVIDIA Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Thursday, December 5th were issued a dividend of $0.01 per share. The ex-dividend date was Thursday, December 5th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.03%. NVIDIA’s dividend payout ratio (DPR) is 1.57%. About NVIDIA ( Free Report ) NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications. Recommended Stories Five stocks we like better than NVIDIA Most Volatile Stocks, What Investors Need to Know S&P 500 ETFs: Expense Ratios That Can Boost Your Long-Term Gains Low PE Growth Stocks: Unlocking Investment Opportunities How AI Implementation Could Help MongoDB Roar Back in 2025 How to Use High Beta Stocks to Maximize Your Investing Profits Hedge Funds Boost Oil Positions: Is a Major Rally on the Horizon? 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NoneWASHINGTON (AP) — President-elect Donald Trump's nominee to be secretary of the Navy, John Phelan, has not served in the military or had a civilian leadership role in the service. While officials and defense experts said the Navy is in sore need of a disruptor, they cautioned that Phelan's lack of experience could make it more difficult for him to realize Trump's goals. Trump late Tuesday nominated Phelan, a major donor to his campaign who founded the private investment firm Rugger Management LLC. The Trump transition team did not respond to a request for comment on his qualifications. According to his biography, Phelan's primary exposure to the military comes from an advisory position he holds on the Spirit of America, a non-profit that supports the defense of Ukraine and the defense of Taiwan. Not all service secretaries come into the office with prior military experience, but he'd be the first in the Navy since 2006. Current Secretary of the Army Christine Wormuth similarly does not have prior military service. She, however, has spent her career in a host of defense civilian positions. The appointment comes at a critical moment for the Navy, which has been stretched thin with deployments around the world and must contend with a shrinking fleet even as the naval forces of its main rival, China, are growing. Trump has campaigned on expanding the Navy and would need to fight bureaucratic inertia to do so. But it’s uncertain whether a secretary with no military experience — either in uniform or as a defense civilian — would be well-positioned to lead that effort. “It will be difficult for anyone without experience in the Pentagon to take over the leadership of a service and do a good job,” said Stacie Pettyjohn, a senior fellow and director of the defense program at the Center for a New American Security. “Services are sprawling organizations with distinct cultures, subcultures and bureaucratic interests, and where decisions are made through many formal processes. To change a service’s plans, one must understand this Byzantine landscape.” Experts said Phelan's nomination reflects that Trump is seeking service branch heads who will not push back on his ideas — but that Phelan's lack of experience is likely to create issues and delays of its own, They say the Navy can't afford to lose time. One of the Navy’s biggest challenges is preparing for a potential military confrontation with China over Taiwan, a self-ruled island that China claims as its own. " The stakes are high ," said Brad Bowman, senior director of the Center on Military and Political Power at the Foundation for Defense of Democracies. “The success or failure in addressing key problems in the U.S. Navy over the next couple years may have a decisive effect on war and peace in the Taiwan Strait and elsewhere.” Trump has called for a 350-ship Navy since his 2016 presidential campaign, but he experienced first-hand the difficulty in realizing that goal, given the challenges to shipbuilding and the erratic and often delayed congressional budget process. There are just under 300 battle force ships in the fleet — vessels that have a direct role in conducting combat operations. “The Navy is stretched covering Europe, the Middle East and the Pacific. Strategists have wanted to pull back from Europe and the Middle East, but recent conflicts have prevented that,” said Mark Cancian, a senior adviser at the Center for Strategic and International Studies. “So the next secretary will have a shrinking fleet, expanded overseas commitments, and an uncertain budget environment.” The Marine Corps has called for 31 amphibious warships to help it maintain a close-to-shore presence around the globe. The Navy regularly has had to extend the deployments of its aircraft carriers and escorting destroyers, for example, to respond to the unstable security situation in the Middle East. Each extension can create rippling effects: Ships don’t get maintained on schedule, and forces get tired of the lack of predictability for their families and leave the service. Service branch chiefs spend vast amounts of time not only responding to the White House but also appeasing members of Congress in frequent hearings on Capitol Hill, shaping budget requests, holding constant meetings on service member issues, attending industry conferences and filling speakers requests. That all requires a nuanced understanding of the service that a secretary is leading, because major change in any of the branches often involves a lengthy process to review directives and past policy. Any changes to the many weapons systems the Navy and Marine Corps need and pursue are subject to lengthy contract award challenges. “The Navy’s problem here is money,” Cancian said. “Even if the defense budget goes up, there will only be a relatively small increase available for shipbuilding. (If) the budget stays steady or goes down, then the Navy will have a major problem. The fleet will continue to shrink." Trump has signaled through multiple appointments, such as his selection of SpaceX founder Elon Musk to co-lead a nongovernmental Department of Government Efficiency, that he seeks to cut through red tape. But the service secretary can't do that without moving through Congress, which has produced many of those regulations and processes the military must follow. “It might help that he has a personal relationship with the president. However, his lack of experience in defense and the Pentagon will hurt the Navy," Cancian said. "It will take him a while to learn the levers of power.”