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By balancing qualifications with real-world exposure and diverse experiences, organisations can promote a culture where innovation flourishes and resilience thrives In a world where academic achievements often overshadow other dimensions of human potential, the belief that qualifications alone define effective leadership is a widespread misconception. While degrees and certifications can indicate intellectual capability, they fail to capture the true essence of leadership. Authentic leadership transcends formal education; it is a complex interplay of emotional intelligence, empathy, vision, and the ability to inspire action. These attributes are cultivated through experience, exposure, self-awareness, and an innate understanding of human behaviour and societal dynamics. Sri Lanka’s rich historical and contemporary context serves as a powerful reminder of this truth. The nation’s history is shaped by influential figures whose impact stemmed not from academic credentials but from their ability to connect with people and navigate intricate societal challenges. For instance, D.S. Senanayake, the first Prime Minister of independent Sri Lanka, demonstrated this principle through his pragmatic approach and capacity to unify a fragmented populace. His success was rooted in a profound understanding of his nation’s needs rather than formal qualifications. In today’s corporate and socio-political arenas, the limitations of equating qualifications with leadership have become increasingly apparent. The demands of globalisation, technological transformation, and an ever-diversifying workforce require leaders who can think beyond conventional boundaries. The current landscape calls for leaders who possess critical thinking skills, not merely to analyse problems but to envision innovative solutions that transcend traditional frameworks. They must exercise sound judgment, balancing immediate challenges with long-term impacts while navigating the complexities of an interconnected world. Effective communication is essential; leaders must articulate their vision with clarity and empathy, engaging diverse audiences and fostering collaboration. Above all, they must inspire trust by building credibility through consistency, integrity, and a strong commitment to the greater good. These vital skills are not typically acquired in lecture halls or through solitary textbook study, where theoretical knowledge often remains detached from real-world complexities. While academic learning provides a foundation, it is lived experience that truly shapes effective leadership. The ability to adapt to changing circumstances, navigate interpersonal dynamics, and make decisions under pressure cannot be learned solely from books. Leadership requires an intuitive grasp of human behaviour, emotional intelligence, and resilience, qualities nurtured through direct engagement with the world rather than remaining within the comfort zone of theoretical study. True leaders are shaped by their experiences rather than the accumulation of degrees. Recent research and contemporary leadership theories further emphasise the importance of traits such as emotional intelligence, ethical judgment, and the ability to foster collaborative environments. Leaders who excel in these areas are better equipped to address organisational challenges and motivate their teams toward shared goals. In Sri Lanka, where cultural sensitivities and interpersonal relationships significantly influence leadership success, these qualities are particularly crucial. In summary, effective leadership is not merely about qualifications; it is about understanding people, navigating challenges with empathy and insight, and inspiring others to achieve collective goals. True leaders emerge from their experiences in the real world – not just from academic accolades – making them adaptable and resilient in the face of change. Effective leadership comprises several key components that contribute to organisational success: As organisations navigate today’s complexities, strong leadership combined with a positive mindset stands as a cornerstone for success. By balancing qualifications with real-world exposure and diverse experiences, organisations can promote a culture where innovation flourishes and resilience thrives. Investing in leadership development while nurturing an inclusive culture empowers teams to transform challenges into growth opportunities. Organisations prioritising these elements will not only adapt but also lead the way toward sustainable success. A true leader is not defined by titles or qualifications but by their ability to inspire, connect, and navigate through complexity. Essential qualities such as emotional intelligence, empathy, critical thinking, and adaptability form the bedrock of effective leadership. In today’s ever-evolving world, these human-centred traits distinguish exceptional leaders enabling organisations to thrive in the long run. Ultimately, leadership is not defined by credentials but by the legacy one leaves behind.NEW YORK , Dec. 26, 2024 /PRNewswire/ -- Grid Dynamics Holdings Inc. (NASD: GDYN) will replace Revelyst Inc. (NYSE: GEAR) in the S&P SmallCap 600 effective prior to the opening of trading on Thursday, January 2 . Strategic Value Partners is acquiring Revelyst in a deal expected to close soon pending final conditions. Following is a summary of the change that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Company Name Ticker GICS Sector Jan 2, 2025 S&P SmallCap 600 Addition Grid Dynamics Holdings GDYN Information Technology Jan 2, 2025 S&P SmallCap 600 Deletion Revelyst GEAR Consumer Discretionary For more information about S&P Dow Jones Indices, please visit www.spdji.com ABOUT S&P DOW JONES INDICES S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets. S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com . FOR MORE INFORMATION: S&P Dow Jones Indices index_services@spglobal.com Media Inquiries spdji.comms@spglobal.com View original content: https://www.prnewswire.com/news-releases/grid-dynamics-holdings-set-to-join-sp-smallcap-600-302339444.html SOURCE S&P Dow Jones Indices
The San Francisco 49ers claimed running back Israel Abanikanda off waivers from the New York Jets on Tuesday, one day after placing running backs Christian McCaffrey and Jordan Mason on injured reserve. The Jets released Abanikanda on Monday after adding Kene Nwangwu to the active roster. Nwagwu had been a practice-squad elevation for the Jets last Sunday against Seattle and returned a kickoff for a touchdown in the game. Abanikanda, 22, was a fifth-round draft pick by the Jets in 2023. After running 22 times for 70 yards and catching seven passes for 43 yards in six appearances as a rookie, Abanikanda did not play a regular-season game for New York in 2024, buried on the depth chart behind Breece Hall and others. When the Niners placed McCaffrey and Mason on IR, rookie Isaac Guerendo was left as the only healthy running back on their active roster. In Sunday night's loss at the Buffalo Bills, McCaffrey left the field in pain in the second quarter and was diagnosed with a posterior cruciate ligament injury in his right knee. Mason also suffered a high ankle sprain in the game. McCaffrey was playing in just his fourth game of the season after missing the first eight because of Achilles tendinitis in both legs. He was the NFL Offensive Player of the Year last season, when he led the league with 2,023 yards from scrimmage: a league-leading 1,459 rushing yards and 14 touchdowns plus 67 catches for 564 yards and seven scores. Mason is the leading rusher for San Francisco (5-7) this season with 789 yards and three touchdowns on 153 carries. It was his third season in the league. --Field Level Media
Predictive Safety Announces Partnership with DISA Global Solutions
PASAY CITY, Philippines , Dec. 26, 2024 /PRNewswire/ -- The SM Group is approaching the coming year with cautious optimism, encouraged by the continued growth of the Philippine economy. SM Investments President and Chief Executive Officer Frederic C. DyBuncio said that despite ongoing challenges of peso volatility and higher inflation, the business sector has adapted well. Consistent demand sustained household spending in the third quarter, with Household Final Consumption Expenditure posting a year-on-year growth of 5.1%, maintaining the same level in the same quarter last year, data from the Philippine Statistics Authority showed. "Any moderation in inflation should trigger a strong confidence rebound. This could create opportunities in consumer-focused sectors in the country and we are poised to cater to these evolving demands," Mr. DyBuncio said. To cater to growing demand, SM continues to expand into more underserved areas, contributing to sustainable economic development and collaborating with government stakeholders to enhance access to modern retail, financial services, and integrated property developments. "By investing and expanding to more areas nationwide, SM creates new markets and improves access to these essential sectors, serving more communities and helping stimulate sustained economic activities," he said. Mr. DyBuncio also said SM continues to invest in promising ventures such as renewable energy and logistics, that foster economic activity. SM has invested in the clean energy industry through Philippine Geothermal Production Company (PGPC) which produces 300 Megawatts of geothermal steam supply. SM aims to continue to develop geothermal concessions through PGPC in support of the Department of Energy's goal of reaching 50% renewable energy supply by 2040. To encourage circularity towards green energy production, SM's property arm, SM Prime Holdings partnered with GUUN Co. Ltd. ( GUUN ) to implement the Japanese technique of reducing landfill impact. The technology converts non-recyclable and hard-to-recycle packaging into alternative fuel. SM's banking arm, BDO Unibank is one of the largest funders of renewable energy projects. BDO has funded PHP898 billion in sustainable finance, including loans to 59 renewable energy projects as of December 2023. In logistics and tourism, the improvement of transport networks across the country's archipelago connects tourist and industrial areas that will help create inclusive growth. SM though its subsidiary 2GO launched MV Masigla and MV Masikap in 2024 to help better connect goods to 19 ports across the country including Iloilo, Bacolod, Cagayan de Oro and Manila , further supporting the government's push for medium term growth through an upgraded tourism infrastructure and ecosystem. "Our focus for 2025 will be to drive purposeful growth, empowering communities and partners through our investments towards a sustainable future," Mr. DyBuncio said. View original content to download multimedia: https://www.prnewswire.com/news-releases/sm-approaches-2025-with-cautious-optimism-302339448.html SOURCE SM Investments CorporationIran said on Sunday that it would hold nuclear talks in the coming days with the three European countries that initiated a censure resolution against it adopted by the UN's atomic watchdog. Foreign ministry spokesman Esmaeil Baghaei said the meeting of the deputy foreign ministers of Iran, France, Germany and the United Kingdom would take place on Friday, without specifying a venue. "A range of regional and international issues and topics, including the issues of Palestine and Lebanon, as well as the nuclear issue, will be discussed," the spokesman said in a foreign ministry statement. Baghaei described the upcoming meeting as a continuation of talks held with the countries in September on the sidelines of the annual session of the United Nations General Assembly in New York. On Thursday, the 35-nation board of governors of the UN's International Atomic Energy Agency (IAEA) adopted a resolution denouncing Iran for what it called a lack of cooperation. The move came as tensions ran high over Iran's atomic programme, which critics fear is aimed at developing a nuclear weapon -- something Tehran has repeatedly denied. In response to the resolution, Iran announced it was launching a "series of new and advanced centrifuges". Centrifuges enrich uranium transformed into gas by rotating it at very high speed, increasing the proportion of fissile isotope material (U-235). "We will substantially increase the enrichment capacity with the utilisation of different types of advanced machines," Behrouz Kamalvandi, Iran's atomic energy organisation spokesman, told state TV. The country, however, also said it planned to continue its "technical and safeguards cooperation with the IAEA". During a recent visit to Tehran by IAEA head Rafael Grossi, Iran agreed to the agency's demand to cap its sensitive stock of near weapons-grade uranium enriched up to 60 percent purity. Iranian President Masoud Pezeshkian, in power since July and a supporter of dialogue with Western countries, has said he wants to remove "doubts and ambiguities" about his country's nuclear programme. In 2015, Iran and world powers reached an agreement that saw the easing of international sanctions on Tehran in exchange for curbs on its nuclear programme. But the United States unilaterally withdrew from the accord in 2018 under then-president Donald Trump and reimposed biting economic sanctions, which prompted Iran to begin rolling back on its own commitments. On Sunday afternoon, the United Kingdom confirmed the upcoming meeting between Iran and the three European countries. "We remain committed to taking every diplomatic step to prevent Iran from developing nuclear weapons, including through snapback if necessary," London's Foreign Office said. The 2015 deal contains a "snapback" mechanism that can be triggered in case of "significant non-performance" of commitments by Iran, allowing many sanctions to be reimposed. Ali Vaez, an Iran expert with the International Crisis Group think tank, told AFP that Friday's meeting was set to happen earlier, but "those plans were derailed as a result of Iran-Israel tensions" over the Gaza war. Though the parties will be meeting "without knowing what the incoming Trump administration wants to do", Vaez said that "after a lose-lose cycle of mutual escalation, now both sides are back to realising that engagement might be the least costly option." Tehran has since 2021 decreased its cooperation with the IAEA by deactivating surveillance devices monitoring the nuclear programme and barring UN inspectors. At the same time, it has increased its stockpiles of enriched uranium and the level of enrichment to 60 percent. That level is close, according to the IAEA, to the 90 percent-plus threshold required for a nuclear warhead, and substantially higher than the 3.67 percent limit it agreed to in 2015. pdm/smw/ami
SYM Stock News: Shareholder Rights Law Firm Robbins LLP Urges Symbotic Inc. Stockholders With Large Losses To Seek Legal Counsel In Connection With The Class Action Lawsuit
Potential seen for China-UK cooperationTeen actor Hudson Joseph Meek tragically passed away just days before Christmas following a devastating accident. The 16-year-old, best known for his role as young Baby in the critically acclaimed and Oscar-nominated film ' Baby Driver ', succumbed to injuries sustained in the incident. The accident occurred on the evening of December 19 when Meek fell from a moving vehicle, resulting in blunt-force trauma. Despite receiving treatment at UAB Hospital, he died peacefully on December 21, surrounded by his loved ones. ET Year-end Special Reads Two sectors that rose on India's business horizon in 2024 2025 outlook: Is it time for cautious optimism or rekindling animal spirits? 2024: Govt moves ahead with simultaneous polls plan; India holds largest democratic exercise According to the Jefferson County Coroner's Office, Meek fell out of a moving car around 10:45 p.m. on Thursday night. Local news outlet WTVM reported that he suffered severe injuries and was rushed to the hospital, but his condition proved to be too critical. The Vestavia Hills Police Department has launched an investigation into the circumstances surrounding the young actor's untimely death. Meeks mother Lani broke the sad news on social media. Her Facebook post reads, “Our hearts are broken to share that Hudson Meek went home to be with Jesus tonight. His 16 years on this earth were far too short, but he accomplished so much and significantly impacted everyone he met.” An obituary released by his family highlighted the profound impact Meek had on those around him and shared their solace in his legacy as an organ donor . “He was surrounded by friends, family, and the presence of his Lord and Savior, Jesus Christ,” the tribute noted. His family expressed comfort in knowing that his decision to donate organs will save and improve lives for years to come. Meek’s passion for acting and his dedication to the craft were also celebrated in the obituary. The young star had worked on several major films and television projects, some of which are set to be released posthumously in 2025. His family fondly recalled his enthusiasm for life on set, where he took the time to connect with cast and crew members, learning their stories and names. The loss of Hudson Joseph Meek has left a void in the entertainment world and in the hearts of those who knew him.
NYPD Commissioner Jessica Tisch names new heads of DCPI, other departments
OXFORD, England , Dec. 19, 2024 /PRNewswire/ -- History was made at Oxford as the Enhanced Games convened the world's foremost scientists, Olympians, and human enhancement experts for the Second Conference on Human Enhancement on December 10, 2024 . In an extraordinary moment for sport, science, and ethics, over 50 global leaders ratified the Declaration on Human Enhancement , a groundbreaking charter defining the future of ethical research and innovation in human performance. Featuring keynote speeches from Bryan Johnson , founder of Blueprint and a pioneer in longevity science; Dave Asprey , the "Father of Biohacking"; and Professor George Church , the geneticist shaping the future of humanity, the conference brought together luminaries in a historic collaboration. The Declaration establishes a bold framework for human enhancement, rooted in ten key principles, including: This groundbreaking document, the first of its kind, was co-authored by Bryan Johnson , Dave Asprey , D. Michael Ashenden - pioneer of the athlete blood passport system - and Dr Nenad Dikic , founder of a national anti-doping agency. It represents a global consensus on how enhancements can be embraced ethically and responsibly. "The Declaration on Human Enhancement is more than a roadmap; it's a revolution," said Dr Aron D'Souza , PhD , President of the Enhanced Games. "We are proving that performance enhancement and ethics are not only compatible but essential to the future of sport and humanity itself." This milestone reflects the Enhanced Games' vision to create a new era of competition and innovation, rejecting outdated paradigms of shame and fear while embracing the transformative potential of science. To find out more, please visit enhanced.com/conference-on-human-enhancement About the Enhanced Games: The Enhanced Games are redefining the future of sports, merging scientific innovation with athletic achievement to create a captivating competition for sports fans, tech enthusiasts, and the science-curious. Founded in 2023 by Australian entrepreneur Aron D'Souza , the Enhanced Games challenge conventional views on human performance, embracing advancements in medicine and technology to safely expand the boundaries of what is possible. With a vision to inspire superhumanity, the Games provide athletes with the opportunity to enhance their abilities under professional supervision, focusing on transparency, safety, innovation, and record-breaking feats. Backed by pioneering investors like Peter Thiel , Balaji Srinivasan , and Christian Angermayer , the Enhanced Games represent a global movement at the intersection of sport, science, and cultural evolution. Empowered by a diverse team of experts from organisations including FIFA, Nike, Red Bull , and the US Olympic and Paralympic Committee, we are committed to creating a fair, financially equitable platform that inspires humankind to overcome limits and redefine human potential. For more information, visit enhanced.org For further information, please contact: Mike Oakes , Communications Director, Enhanced Games; media@enhanced.org Logo - https://mma.prnewswire.com/media/2557016/5087039/Enhanced_Games_Logo.jpg View original content: https://www.prnewswire.com/news-releases/bryan-johnson-dave-asprey-dr-michael-ashenden-united-with-olympians-and-anti-doping-experts-to-forge-the-future-of-human-enhancement-302336526.html SOURCE Enhanced Games
Partner and national leader, capital advisory, Deloitte LLP Age 36 I don’t have a particular career highlight to point to, but I take great pride in my resilience and willingness to tackle challenges. I’ve discovered that I thrive in ambiguous and tough environments, where I feel most energized, engaged, and effective. A special thanks to David for encouraging me to push my limits. Navigating the corporate world and making career moves, whether within your organization or externally, can be intimidating. I’ve experienced this process a few times, and each time has been just as challenging as the first. I want to extend my gratitude to Paul for his invaluable guidance throughout. My colleagues describe my leadership style as open-minded. By adopting an individualistic approach and understanding people’s motivations, I can build trust with my team more effectively. Once that trust is established, it fosters openness to feedback and enhances performance. However, trust can be fragile, so it’s essential to nurture it continuously. I’d like to express my gratitude to Dean for his inspiration. My background is primarily in the corporate sector. To be an effective practitioner, relationship builder, leader and colleague, it’s crucial to stay curious and attuned to the dynamics of your market. Transitioning from a technical expert to a leader and impactful marketplace participant is a challenging journey. I strive to think critically, write persuasively and speak convincingly. Charisma is an incredibly powerful trait, and when paired with technical expertise and execution skills, it can create a significant positive influence. I’d like to thank Russell for his insightful guidance. I grew up playing a lot of soccer and continued at the university level. The shift from being a solid youth player to struggling in university was tough. My coach had an old-school, straightforward approach. I quickly realized I needed to learn two important lessons: Success doesn’t happen overnight, and it’s essential to focus on the process rather than the results. Embracing patience and concentrating on what I could control proved invaluable. I’m grateful to Alan for encouraging me to take a different approach. I don’t have a clear definition of success, but I want to thank Brent for encouraging me to reflect on what it means for me. I seek to create an environment where I can thrive in my career and make a meaningful impact on my family and community. This environment can at times feel like a high-stakes game, leading to stress if not managed well. This underscores the importance of creating a disciplined approach to my professional and personal responsibilities. Finding balance between order and chaos is an ongoing challenge, but I’m lucky to have a wonderfully supportive spouse. I make an effort to stay as active as possible, so my days usually include hiking, running, cycling and exercise classes. I play more golf in the summer and ski in the winter. I also love exploring fields outside my expertise, so I often dive into books, podcasts and audiobooks. With young children, spending time with extended family is also a top priority—after all, what’s life about if not connection? Thanks, Stuart, for setting this example. I aspire to have a greater impact on my family, community and country. With children of my own, I often reflect on the kind of world I want to leave for them. We live in a time of uncertainty and conflict, but I believe Canada, with its talented people, rule of law, stable democracy and abundant resources, has the potential to thrive if managed well. Canada is a remarkable place, and I’m committed to doing my part to make it even better. Four people in my life have laid the foundation for my early career success. To my wife, Eliza, thank you for creating a purposeful and shared life; to my brother, Adam, for always pushing me to compete; to my mother, Kathy, for selflessly prioritizing my interests over her own; and to my grandma Diane and late grandpa Pat for exemplifying resiliency, generosity and gratefulness in their life. I am truly thankful to all of you. The commitment to be resilient and to do hard things consciously so I can gain truth, wisdom and a sense of agency Nikkei Place Foundation, and The Nikkei National Museum and Cultural Centre A good book and a beach possibly with a drink that has a lime in it Chilliwack Okeya Kyujiro in Vancouver by Daron Acemoglu and James Robinson, by Marcus Aurelius and by Daniel Kahneman Stand up for what you believe in and speak out when others hesitate Dean Kirkham, co-CEO of Trez Capital and Phil Vanderpol, CEO of Vitalus Nutrition I’m a twin and one quarter Japanese.MINNEAPOLIS, MN / ACCESSWIRE / December 19, 2024 / PetVivo Holdings, Inc. (OTCQB:PETV, PETVW), a leading provider of medical devices and biomedical therapeutics for equines and companion animals, is pleased to announce its participation in The Microcap Conference 2025, the premier event for growth-focused companies and investors. The conference will take place January 28-30, 2025, at the Borgata Hotel Spa & Casino in Atlantic City, NJ. John Lai, Chief Executive Officer of PetVivo Holdings, Inc. will provide a Company overview as well as discuss its lead product, SPRYNGTM with OsteoCushionTM Technology. Spryng is an intra-articular injectable veterinary medical device composed of sterilized, extra-cellular matrix microparticles. The microparticles of Spryng have been found to adsorb onto the joint synovial lining of animals and subsequently integrate with the animal's subsynovial tissue. Such action promotes the restoration of proper joint mechanics, thereby aiding in the management of noninfectious sources of joint pain such as joint instability, degenerative joint disease and osteoarthritis. About The Microcap Conference 2025 The Microcap Conference is the largest independent microcap event in the U.S., bringing together top-tier investors and executives from microcap companies. The event offers a platform for companies to showcase their value propositions through presentations, one-on-one meetings, and networking opportunities. The 2025 event will feature: Hosted by DealFlow Events, The Microcap Conference is renowned for its blend of high-quality content, engaging networking, and exceptional entertainment. For more information, visit https://themicrocapconference.com . About PetVivo Holdings PetVivo Holdings, Inc. (OTCQB:PETV, PETVW) is a biomedical device company focused on the manufacturing, commercialization and licensing of innovative medical devices and therapeutics for companion animals. The company is pursuing a strategy of developing and commercializing human therapies for the treatment of companion animals in capital and time efficient ways. A key component of this strategy is an accelerated timeline to revenues for veterinary medical devices that can enter the market much earlier than more stringently regulated human pharmaceuticals and biologics. PetVivo has developed a robust pipeline of products for the medical treatment of animals and people, with a portfolio of 21 patents that protect the company's biomaterials, products, production processes and methods of use. The company's commercially launched flagship product, SpryngTM with OsteoCushionTM Technology, is a veterinarian-administered, intra-articular injectable designed for the management of lameness and other joint related afflictions, including osteoarthritis, in cats, dogs and horses. For more information about PetVivo and its revolutionary Spryng with OsteoCushion Technology, email info1@petvivo.com or visit petvivo.com or sprynghealth.com . Disclosure Information PetVivo uses and intends to continue to use its Investor Relations website as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD. Accordingly, investors should monitor the company's Investor Relations website, in addition to following the company's press releases, SEC filings, public conference calls, presentations and webcasts. Forward-Looking commercial Statements The foregoing information regarding PetVivo Holdings, Inc. (the "Company") may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended. Forward-looking statements include all statements that do not relate solely to historical or current facts, including without limitation the Company's proposed development and commercial timelines, and can be identified by the use of words such as "may," "will," "expect," "project," "estimate," "anticipate," "plan," "believe," "potential," "should," "continue" or the negative versions of those words or other comparable words. Forward-looking statements are not guarantees of future actions or performance. These forward-looking statements are based on information currently available to the Company and its current plans or expectations and are subject to a number of uncertainties and risks that could significantly affect current plans. Risks concerning the Company's business are described in detail in the Company's Annual Report on Form 10-K for the year ended March 31, 2024 and other periodic and current reports filed with the Securities and Exchange Commission. The Company is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise. Company Contact John Lai, CEO PetVivo Holdings, Inc. Email Contact Tel (952) 405-6216 SOURCE: PetVivo Holdings, Inc. View the original on accesswire.com
IonQ, Inc. ($IONQ) shares saw volatility on Thursday after a couple of analysts issued bullish recommendations. DA Davidson analyst Alex Platt initiated the quantum computing play with a ‘Buy’ rating and a $50 price target, suggesting scope for a 33% upside from current levels, TheFly reported. The stock also received a price target boost from Benchmark, which upped the price target from $20 to $50 while maintaining a ‘Buy’ rating, Investing.com reported. DA Davidson attributed its optimism regarding IoQ to its view that the company represents a “compelling pure-play investment positioned to capitalize on quantum computing’s rapid growth as classical computing proves inadequate to solve complex problems.” The brokerage said IonQ is a leader in the emergent frontier. Unlike competing architectures from International Business Machines Corp. ($IBM) and Alphabet, Inc. ($GOOGL) ($GOOG) and others, a core technological advantage in IonQ’s trapped-ion qubit architecture offers it greater reliability, accuracy and scalability, it added. College Park, Maryland-based IonQ manufactures high-performance quantum computers capable of solving complex commercial and research use cases. Its latest quantum computer IonQ Forte boasts 36 algorithmic qubits. On Thursday, IonQ announced that it was included in the “Newsweek Excellence 1000 Index.” “This recognition is a tremendous honor and a testament to our commitment to not only growing as a company but doing so in responsible, ethical, and sustainable ways,” said Peter Chapman, President and CEO of IonQ. On Stocktwits, sentiment toward IonQ deteriorated from ‘neutral’ a day ago to ‘bearish’ (44/100) but retail chatter continued to be brisk, with the message volume at ‘high’ levels. A retail watcher on the platform said the rally could be over, predicting a move below $33. Another said his bearish outlook is due to the massive losses quantum computing companies in general and IonQ have accumulated. Quantum computing is widely seen as a long-term opportunity. Jean-Francois Bobier, a partner and vice president at Boston Consulting Group, said, “While there are clear scientific and commercial problems for which quantum solutions will one far surpass the classical alternative, it has yet to demonstrate this advantage at scale.” “Nonetheless, the momentum is undeniable.” The consultancy firm estimates that quantum computing will create $450 billion to $850 billion of economic value globally. It promises a market opportunity of $90 billion to $170 billion for hardware and software providers by 2040. At last check, IonQ stock was down 2.37% at $36.61 after advancing 203% this year. The stock traded in a $36.54-$42.39 range for the day. For updates and corrections, email newsroom[at]stocktwits[dot]com.
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