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 MediaPanthers rule out LB Jadeveon Clowney (knee) vs. Eagles
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Idahosa Moses The Peoples Democratic Party (PDP) in Edo State, on Thursday, accused the ruling All Progressives Congress (APC) of invading its state’s Secretariat in Benin. The PDP in a statement issued by its acting Publicity Secretary, Chris Nehikhare, alleged that the APC led one Kapuepue, during the invasion carted away properties worth millions of Naira. According to Nehikhare, the thugs also destroyed doors, windows, and office equipment at the party’s Secretariat. “Several electronics, computers and other valuable items were also carted away by the thugs, who ransacked the building with the plan to attack any person in the building”. He condemned the alleged attack in the strongest terms, describing it as a desperate and reckless attempt by the APC to intimidate the PDP and frustrate the party’s efforts at reclaiming its mandate stolen at the September 21 governorship election. He said, “It is quite disappointing and unfortunate that the APC, on Thursday, mobilised thugs to attack our party Secretariat in their desperation to frustrate and halt efforts by our great party to reclaim the mandate duly given to it by the Edo people at the September 21 governorship election. “The thugs led by Kapuepue, invaded the Secretariat, destroying and carting away properties worth millions of naira. “If the APC are confident that they won the election free and square and have nothing to hide, why are they jittery and mobilising thugs to attack the PDP Secretariat.” “This is barbaric and totally condemnable and we urge relevant security agencies to thoroughly investigate the attack and ensure that the perpetrators of this dastardly act are brought to book. “The PDP remains resolute and will not be intimidated or deterred in its pursuit for justice and the restoration of our mandate.” “We are however calling on our party members and supporters to remain calm and resolute in the face of the provocations as we explore every legal channel to reclaim our mandate”, he charged. Reacting to the allegations, the Publicity Secretary of the APC, Peter Uwadiae-Igbinigie, described the allegation as baseless and urged the PDP to settle its internal, warning them not to drag the APC into their messy affair. He said it was absurd to label those who allegedly attacked the PDP office as APC thugs wondering if the thugs wore APC uniform or had APC paraphernalia on them. Uwadiae-Igbinigie, noted that the APC government in the state has already embarked on project the PDP government failed to carry, adding that his party was still basking in the euphoria of their victory and putting the state in the right part. He said, “How can the PDP say that the thugs that attacked their party secretariat are that of APC? Did the people have any thing on them to show that they are APC members. The allegation is baseless and their in no proof. “The allegation is weighty and criminal in nature so the PDP should be sure they have proof before making the allegation. We will urge the PDP to sort its internal problem and not drag the APC into it”. READ MORE FROM: NIGERIAN TRIBUNE Get real-time news updates from Tribune Online! Follow us on WhatsApp for breaking news, exclusive stories and interviews, and much more. Join our WhatsApp Channel now
Banque Cantonale Vaudoise reduced its position in shares of Illumina, Inc. ( NASDAQ:ILMN – Free Report ) by 70.2% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,103 shares of the life sciences company’s stock after selling 2,595 shares during the quarter. Banque Cantonale Vaudoise’s holdings in Illumina were worth $144,000 as of its most recent filing with the Securities & Exchange Commission. Several other institutional investors also recently bought and sold shares of ILMN. Bank of New York Mellon Corp boosted its position in Illumina by 7.2% during the 2nd quarter. Bank of New York Mellon Corp now owns 3,039,538 shares of the life sciences company’s stock valued at $317,267,000 after acquiring an additional 204,043 shares in the last quarter. Primecap Management Co. CA boosted its position in Illumina by 462.5% during the 2nd quarter. Primecap Management Co. CA now owns 2,428,760 shares of the life sciences company’s stock valued at $253,514,000 after acquiring an additional 1,997,010 shares in the last quarter. Millennium Management LLC boosted its position in Illumina by 305.0% during the 2nd quarter. Millennium Management LLC now owns 1,485,599 shares of the life sciences company’s stock valued at $155,067,000 after acquiring an additional 1,118,747 shares in the last quarter. Renaissance Technologies LLC boosted its position in Illumina by 32.1% during the 2nd quarter. Renaissance Technologies LLC now owns 1,000,318 shares of the life sciences company’s stock valued at $104,413,000 after acquiring an additional 242,800 shares in the last quarter. Finally, Marshall Wace LLP bought a new stake in Illumina during the 2nd quarter valued at $77,628,000. 89.42% of the stock is currently owned by hedge funds and other institutional investors. Illumina Stock Performance NASDAQ ILMN opened at $140.14 on Friday. The stock has a 50-day simple moving average of $140.61 and a two-hundred day simple moving average of $124.76. The firm has a market capitalization of $22.23 billion, a P/E ratio of -14.07 and a beta of 1.13. Illumina, Inc. has a fifty-two week low of $93.51 and a fifty-two week high of $156.66. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.85 and a current ratio of 2.43. Analysts Set New Price Targets ILMN has been the topic of several recent research reports. Citigroup increased their target price on Illumina from $155.00 to $190.00 and gave the company a “buy” rating in a research report on Tuesday, November 5th. JPMorgan Chase & Co. raised their price objective on Illumina from $125.00 to $140.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 5th. Royal Bank of Canada raised their price objective on Illumina from $252.00 to $254.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 5th. Daiwa America raised Illumina to a “strong-buy” rating in a research report on Friday, August 16th. Finally, Stephens raised their price objective on Illumina from $170.00 to $184.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 12th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $164.00. Check Out Our Latest Stock Report on ILMN Illumina Company Profile ( Free Report ) Illumina, Inc offers sequencing- and array-based solutions for genetic and genomic analysis in the United States, Singapore, the United Kingdom, and internationally. It operates through Core Illumina and GRAIL segments. The company offers sequencing and array-based instruments and consumables, which include reagents, flow cells, and library preparation; whole-genome sequencing kits, which sequence entire genomes of various size and complexity; and targeted resequencing kits, which sequence exomes, specific genes, and RNA or other genomic regions of interest. See Also Want to see what other hedge funds are holding ILMN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Illumina, Inc. ( NASDAQ:ILMN – Free Report ). Receive News & Ratings for Illumina Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Illumina and related companies with MarketBeat.com's FREE daily email newsletter .Indian billionaire Gautam Adani has been slapped with criminal fraud charges in the US for allegedly orchestrating a $250m (£198m) bribery scheme to secure lucrative renewable energy contracts in his home country. Federal prosecutors in Brooklyn , New York , unsealed the five-count indictment on Wednesday, alleging Mr Adani and seven other associates, including nephew Sagar Adani, bribed Indian public officials, concealed the scheme, and made false statements to raise $3bn (£2.4bn) from American and international investors. Mr Adani, one of the world’s richest people, has faced fraud allegations earlier as well, but denied wrongdoing. He is regarded as a close ally of Indian prime minister Narendra Modi . Mr Adani, 62, has been charged with conspiracy to commit securities and wire fraud, directly advancing the bribery scheme, and obstructing investigations that began in 2022. The contracts to sell 12 gigawatts of solar power that his conglomerate obtained between 2020 and 2024 in the southern Indian state of Andhra Pradesh allegedly through the bribery scheme are expected to generate over $2bn (£1.58bn) in profit. “On several occasions, Gautam S Adani personally met with an Indian government official to advance the bribery scheme and the defendants held in-person meetings with each other to discuss aspects of its execution. The defendants frequently discussed their efforts in furtherance of the bribery scheme, including through an electronic messaging application,” the US Attorney’s Office for the Eastern District of New York said in a statement. It said the defendants meticulously documented the bribery scheme. Sagar Adani, 30, used his phone to log details of the alleged bribes. Another accused, Vineet S Jaain, 53, photographed documents summarising bribe amounts owed while Rupesh Agarwal created and shared analyses via PowerPoint and Excel outlining strategies to pay and conceal the bribes, the indictment alleged. The Adani Group has said the allegations are baseless and vowed to seek "all possible legal recourse". “Our stakeholders, partners and employees know that we are a law-abiding organisation, fully compliant with all laws,” a spokesperson said. Lawyers representing Mr Adani have not issued a statement. The indictment against Mr Adani has jolted debt and equity markets in India. Adani Group bonds fell in value after the news broke, but the stocks of the conglomerate’s companies stabilised on Friday after having lost nearly $27bn in market value. India’s main opposition party, the Congress, has called for an investigation into Mr Adani’s ties with the prime minister. “When a top ranking Indian businessman is indicted by a foreign country, it tarnishes our image at the global stage,” the party’s president, Mallikarjun Kharge, said. “The Indian National Congress has been continuously objecting to unethical business practices, which profiteer and promote certain individuals by implementing Modi government’s policy of creating monopolies in key sectors and concentrating wealth in the hands of few by giving undue favours.” Senior Congress member Jairam Ramesh said the indictment is “consistent with a long record of fraud and criminality carried out with impunity with the obvious protection of the prime minister”. Mr Adani has risen from making a fortune in the coal business in the 1990s to becoming one of the richest and most influential people in India. His Adani Group has expanded vastly in the past decade or so, with interests ranging from defence manufacturing to infrastructure to selling cooking oil. In recent years, the group has made big moves in the renewable energy sector, marketing this with the slogan, “Growth with Goodness.” The group has a clean energy portfolio of over 20 gigawatts that includes one of the world’s largest solar power plants in the state of Tamil Nadu. The Adani Group has said it wants to become India’s biggest player in the sector by 2030. Mr Adani said in 2022 the company will invest $70 billion in clean energy projects by 2032.
UnitedHealthcare CEO’s killing prompts many to vent frustrations over insuranceAlvin Bragg Suggests Judge Merchan Not Toss Out Trump Prosecution Ruling
Though just 17, Donald Trump’s granddaughter appears to relish her role as an aspiring, up-and-coming MAGA influencer , as she shares slickly produced videos on social media about the fun she has hanging out with her beloved, president-elect “grandpa.” But there’s only so much that Kai Trump can do to soften the image of a man who has been compared by critics to history’s most dangerous fascists and who regularly hurls insults and makes profane remarks. His opponent in the election, Kamala Harris, received some 74 million votes to his 76 million. With her latest video published Tuesday, the teen golf prodigy also showed “grandpa” looking a bit out of his element while a guest at Elon Musk’s SpaceX launch last week. In one particularly “cringe-worthy” moment of Kai Trump’s behind-the-scenes video, Trump is seen sending Musk into “an awkward spiral” after he asks him whether a rocket booster can be reused — after it has crashed into Gulf of Mexico in a fireball, the Daily Beast reported . Last week, Trump joined Musk, his top campaign donor and his purported new expert adviser in government efficiency, to watch the latest test flight of his Starship rocket system, the Daily Beast reported. For the occasion, Trump was joined by Kai Trump and her good friend, as well as Kai Trump’s father, Donald Trump Jr., and Texas Senator Ted Cruz. Musk, who also is a NASA contractor, planned to show Trump a repeat of the “incredible maneuver” that one of his Starship rocket ships executed in October, the Daily Beast said. That’s when giant mechanical arms, sticking out of the launch tower, successfully “caught” the rocket’s “Super Heavy” booster, after it performed the precise moves needed to return to the launch site, SpaceNews.com reported. For the Nov. 19 Starship launch, the rocket successfully lifted off from the SpaceX Starbase test site in Boca Chica, Texas, at 5 p.m., SpaceNews.com reported. Its booster separated from the vehicle’s upper stage about two minutes and 45 seconds after liftoff. The booster started to return to the launch site but, a little more than a minute later, controllers announced “booster offshore divert,” meaning that the booster would not return to the launch pad but instead crash into the Gulf of Mexico. Making the boosters reusable has been a key part of SpaceX’s efforts to cut the cost of each $100 million Starship flight in half, the Daily Beast reported. Kai Trump’s video, which she also shares as a YouTube vlog, caught the moments when Musk told Trump, “We had some concerns about the tower so it was commanded to land out at sea.” In the video, which shows Kai Trump standing nearby, Trump appeared to be uncharacteristically quiet and perhaps a bit awe-struck, as he clearly missed the meaning of what the billionaire was saying. That’s because Trump responded by muttering, “amazing.” The former reality TV star then asked Musk, “Can they use that again? Can they get it from the sea?” Musk appeared to do a double take and to even give the president elect some “side-eye,” the Daily Beast said. Musk awkwardly responded: “Uhh, it’s going to be. ... it‘s ... it’s probably gonna blow up. That’s my guess.” Cruz, standing next to Trump, jumped in to help cover up for Trump’s question by getting Musk to explain that he already has “better” versions of the booster in production, with one ready to use. “Well, there you go,” Cruz said. Trump actually said little else that day, according to Kai Trump’s video and to other news reports. A report in The Telegraph affirmed the view that Trump’s outing with Musk to the SpaceX rocket launch was “awkward” for both men, even as they’ve spent the weeks since the election practically “joined at the hip” at Mar-a-Lago. Trump indeed looked like a “fish out of water” and appeared to be intimidated by Musk during the Starship test flight, according to Darren Stanton, a former police officer and body language expert. Trump showed none of his “alpha male persona” and “power gestures” during the event, Stanton told The Telegraph. “Trump was very uneasy... usually he comes over as this alpha male, the most empowered, most powerful person in the room. I think he’s quite intimidated by Musk,” Stanton said. “He was out of his depth – his hands were just by his side like a mannequin.” It’s hard to believe that Kai Trump intended for her “grandpa” to be seen looking “out of his depth.” As Daily Beast entertainment writer Eboni Boykin-Patterson said in another report , Kai Trump, whose mother is Vanessa Trump, has taken on a role in Trumpworld once filled by her aunt, Ivanka Trump. Since Kai Trump spoke at the Republican National Convention — to “show the side of my grandpa that people don’t often see” — she has become the photogenic young female relative who tries to “sanitize” Trump’s image, Boykin-Patterson also said. Earlier in her video, Kai Trump poked gentle fun at her grandfather — while also giving her some 2.6 million followers some of the “aspirational” content that social media users look for, Boykin-Patterson wrote. As the teenager giddily showed off the luxurious accommodations on Trump’s private jet, she and her friend also spent a few moments recording a TikTok clip , in which they mimicked her grandfather’s golf swing and his meme’d campaign dance moves, set to the Village People’s “YMCA.” The Daily Beast said the result of Kai Trump’s posts is “a simpler, smiley perspective” on Trump, whom she describes as a ” hard worker” for “all Americans.” With her followers, the teenager also shares slideshows of her 78-year-old grandfather, sporting big smiles. “And if that’s all you see of this agreeable, doting grandfather, you’d think he’d never tried to overturn an election,” Boykin-Patterson wrote. ©2024 MediaNews Group, Inc. Visit at mercurynews.com. Distributed by Tribune Content Agency, LLC.
Kendrick Lamar surprises with new album 'GNX' LOS ANGELES (AP) — Kendrick Lamar gave music listeners an early holiday present with a new album. The Grammy winner released his sixth studio album “GNX” on Friday. The 12-track project is the rapper’s first release since 2022’s “Mr. Morale & The Big Steppers.” Lamar’s new album comes just months after his rap battle with Drake. The rap megastar will headline February's Apple Music Super Bowl Halftime Show in New Orleans. The 37-year-old has experienced massive success since his debut album “good kid, m.A.A.d city” in 2012. Since then, he’s accumulated 17 Grammy wins and became the first non-classical, non-jazz musician to win a Pulitzer Prize. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Get any of our free email newsletters — news headlines, obituaries, sports, and more.
ASP Isotopes Inc. Investors: Please contact the Portnoy Law Firm to recover your losses. February 3, 2025 Deadline to file Lead Plaintiff Motion.Assad's fall in Syria is a 'fundamental act of justice,' but also 'a moment of risk,' Biden says
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The stock market has been hitting new highs this year as excitement continues to build with respect to artificial intelligence (AI) and the opportunities that may open up for many businesses. But while retail investors have been eagerly buying up stocks, Warren Buffett has been fairly quiet and doing more selling than buying. The Oracle of Omaha has cautioned investors in the past "to be fearful when others are greedy," which reflects his overall cautious approach to investing. Minimizing losses are a priority for him, and AI likely wouldn't fall into his circle of competence, which is what he focuses on when deciding which stocks to buy. Are You Missing The Morning Scoop? Wake up with Breakfast news in your inbox every market day. Sign Up For Free » Should investors take Buffett's conservatism in the markets this year as a red flag? Valuations are high based on historical levels In the third quarter, Buffett continued selling stocks, and Berkshire Hathaway 's cash balance reached more than $325 billion, which is higher than the nearly $277 billion it reported a quarter earlier. He has been selling shares of Apple and Bank of America for multiple periods, two top holdings in the Berkshire portfolio, and hasn't been making big moves with that money, resulting in a growing cash balance. But given how expensive the stock market has become these days, it's perhaps little wonder that he's taking a cautious position. One metric investors should pay close attention to is the S&P 500 Shiller price-to-earnings (P/E) ratio, which averages inflation-adjusted earnings over the past decade. Today, the ratio is well above what it has averaged since 2000. The previous times it has been this high, there have been significant declines in the market the following year. The Shiller P/E ratio was higher in 2021. The following year, in 2022, the S&P 500 would crash by more than 19%. In the early 2000s, the market underwent a significant dot-com crash due to the tech bubble. Many value-oriented investors may be concerned that the same could be happening with AI stocks today; many of them are trading at egregious multiples. Shareholders of Palantir Technologies , for example, don't seem to be balking at its massive earnings multiple of more than 300. A value-focused option for investors to consider Even if you're worried about valuations or the possibility of a crash in the markets, it may not necessarily mean that you should sell all of your stocks and pull all of your money out. If a correction takes place, some stocks will inevitably be hit much harder than others. Stocks trading at more reasonable valuations could weather the storm better than stocks which are at obscene multiples. Meanwhile, trying to time the market and waiting for ideal investing conditions is not an optimal strategy as it could result in you missing out on gains along the way. An alternative for investors is to consider an exchange-traded fund (ETF) which prioritizes value investments. A good example of that is the Vanguard Value Index Fund ETF Shares (NYSEMKT: VTV) . The fund has a low expense ratio of 0.04% and tracks the U.S. Large Cap Value index. With the average holding in the ETF averaging an earnings multiple of just over 20, investors are getting exposure to more attractively priced stocks than the overall S&P 500 index, which is averaging a multiple of nearly 26. The top holding in the Vanguard fund is Buffett's own Berkshire Hathaway, but at just 3% of the fund's weight, it doesn't represent a huge chunk of the overall portfolio. Investors will also get access to many other blue chip stocks with the ETF, including UnitedHealth Group and Home Depot . Historically, the fund has underperformed the S&P 500, but in a possible downturn, it could be the better buy, especially given how expensive many growth stocks are right now. Investors should prepare for a possible correction Timing the market is risky, but what can be even riskier is holding stocks which trade at extremely high premiums because they can be vulnerable to a sell-off at a moment's notice. When stocks are highly valued, expectations will also be high, and any sign that a company could face difficulty could prompt investors to hit the sell button. It doesn't have to be a bad earnings report, as corrections could happen at any time investors start to smell trouble ahead. That's why it's important to consider valuations and potentially move money into cheaper stocks which may not only provide more protection during a downturn but may possess more upside in the long run. And if you aren't sure which stocks to buy or sell, a good option is to consider the Vanguard Value ETF or similar types of investments which prioritize value stocks. Don’t miss this second chance at a potentially lucrative opportunity Ever feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this. On rare occasions, our expert team of analysts issues a “Double Down” stock recommendation for companies that they think are about to pop. If you’re worried you’ve already missed your chance to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves: Nvidia: if you invested $1,000 when we doubled down in 2009, you’d have $380,291 !* Apple: if you invested $1,000 when we doubled down in 2008, you’d have $43,278 !* Netflix: if you invested $1,000 when we doubled down in 2004, you’d have $484,003 !* Right now, we’re issuing “Double Down” alerts for three incredible companies, and there may not be another chance like this anytime soon. See 3 “Double Down” stocks » *Stock Advisor returns as of November 18, 2024 Bank of America is an advertising partner of Motley Fool Money. David Jagielski has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple, Bank of America, Berkshire Hathaway, Home Depot, Palantir Technologies, and Vanguard Index Funds-Vanguard Value ETF. The Motley Fool recommends UnitedHealth Group. The Motley Fool has a disclosure policy . Warren Buffett Is Being Fearful When the Markets Are Being Greedy. Is This a Red Flag for Investors? was originally published by The Motley Fool
Revealed: Saudi Arabia accused of modifying official Cop29 negotiating text