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, which successfully brought a messenger RNA (mRNA)-based COVID-19 vaccine to market, sought twice this past week to reassure investors that it could not only survive but thrive even if Robert F. Kennedy Jr. were to become Secretary of Health and Human Services (HHS) in Donald Trump’s second administration—comments that helped spark a in the company’s stock. At an investor lunch held by Goldman Sachs, and a fireside chat held a few days later by Jefferies, Moderna’s top executives laid out a similar hopeful scenario for why they believe the company will be able to carry out the comeback plans it first announced in September and continue its development of mRNA-based vaccines should Kennedy come to oversee HHS. Moderna CEO Stéphane Bancel and president Stephen Hoge (joined at the event by Lavina Talukdar, the company’s senior vice president and head of investor relations) based their optimism in part on the historic administrative relationship between HHS and its secretaries. “Management highlighted that, according to legislation, the Secretary of the Department of Health and Human Services (HHS) is responsible for managing the department rather than creating policy,” the Moderna leaders asserted, according to a report by Benzinga based on a Morgan Stanley analyst’s account of the lunch. The leaders also reportedly asserted, “It remains uncertain how political appointees might affect the current vaccine regulatory framework, which Moderna believes would require significant effort to alter.” While Kennedy has previously raised concerns about vaccine safety, the concerns focused on vaccines for children; Moderna’s vaccines are not specifically targeted for children. During the luncheon, Bancel and Hoge “expressed strong confidence” in the comeback strategy they laid out for Moderna in September at its annual R&D Day. Moderna committed to stepping up the development of vaccines for cancer and rare diseases, while dialing back investment in infectious disease jabs. Moderna’s strategy jolted investors enough to send shares over the two days following the announcement, to $68.28 on September 13 from $79.51. That’s because the company pushed back by two years, from 2026 to 2028, its plans to break even on an operating cash cost basis—which excludes stock-based compensation, depreciation, and amortization expense—with $6 billion in revenue. Moderna also revealed plans to slash between $1 billion and $1.2 billion in expenses by shrinking its R&D budget by about 20%, from the $4.8 billion it anticipated spending this year to between $3.6 billion and $3.8 billion by 2027. However, last month, Moderna surprised analysts by reporting net income of $13 million (up from a $3.63 billion net loss in Q3 2023) and higher-than-expected sales of its COVID-19 vaccine Spikevax® ($1.8 billion). Yet the unexpected profit wasn’t enough to stave off a drop in Moderna shares. This past week saw better stock news for Moderna, as shares from last week, rising to $41.11 Friday, from $36.85 on November 15. That low (just $1.05 or 3% above the stock’s 52-week low) followed Wolfe Research initiating coverage of Moderna with analyst Alexandria Hammond rating the stock an “Underperform” and setting a 12-month price target of $40. One likely factor in Moderna’s comeback: HSBC analyst Yifeng Liu on November 18 upgraded the firm’s rating on the company’s shares from “Hold” to “Buy.” However, Liu chopped the firm’s price target on Moderna by 29%, from $82 to $58, citing concerns over the company’s comeback plans, according to TipRanks. Despite this week’s relatively good news, Moderna shares are , having closed at $78.17 on November 22, 2023, no small factor in the company mapping out its comeback. But the stock has upside potential, he added, should Moderna deliver on plans to bring 10 pipeline candidates to approvals, up from the current two (SpikeVax and respiratory syncytial virus [RSV] vaccine mRESVIA, the latter approved in May). The 10 include three of Moderna’s five respiratory vaccines with positive Phase III results, which the company expects to submit for approval this year. On Thursday, Jefferies equity analyst Michael J. Yee reported highlights of its fireside chat with unnamed Moderna “management” leaders to investors. Summarizing the event, Yee wrote that the “co[mpany] believes RFK may have caused investor nervousness but unlikely doing anything draconian or removing vaccines.” That belief is based on RFK Jr. asserting in numerous interviews, including , that: “Of course, we’re not going to take vaccines away from anybody,” and, “We are going to make sure that Americans have good information about vaccines and vaccine safety.” Moderna’s view was buttressed by comments made in a separate Jeffries fireside chat with Peter Marks, MD, PhD, director of the FDA’s Center for Biologics Evaluation and Research (CBRE). According to Yee, Marks “doesn’t expect any changes to vaccine approvals + the new admin’s stance has mostly been around vaccine mandates [FDA only weighs in on safety/efficacy].” He expects “add’l AdComm’s [advisory committee meetings on applications for new vaccines] or other pushes for transparency would be an oppt’y to reinforce + shift dialogue towards risk benefit.” In a separate summary elaborating on Marks’ comments, Yee reported: “Dr. Marks stated that ‘he isn’t going anywhere’ and sees it as imp’t [important] that people see constant and consistent leadership—FDA leadership has a long track record of working w/ different admins including the Trump admin[instration].” Marks cited FDA cooperation with Operation Warp Speed initiative, through which Trump’s first administration shepherded development of COVID-19 vaccines through funding of trials and manufacturing. According to a , Operation Warp Speed spent over $18 billion dollars of U.S. public funds on six vaccine candidates, including Moderna’s SpikeVax, the subject of a to manufacture and deliver 100 million doses. “While acknowledging uncertainty and that he can’t fully predict workforce impacts, his belief is that the vast majority at FDA generally have very strong relationships w/ their management and leadership and a commitment to unmet needs and rare diseases which wouldn’t change under a new admin,” Yee added. At HHS, Kennedy would oversee agencies that include the FDA—for which Trump said Friday he plans to nominate Marty Makary, MD, as commissioner—and the U.S. Centers for Disease Control and Prevention (CDC), for which Dave Weldon, MD, a physician and former Republican Congressman from Florida, will be nominated as director. Moderna leaders also told Jefferies that they projected COVID-19 vaccines revenues averaging $2 billion to $3 billion annually, Yee reported, a “durable base biz [business] given vaccination data from the last 2 years in the ‘endemic’ commercial market.” The company reasoned that because COVID-19 vaccines are not now mandated, “people who are opting to receive the jab should con’t [continue] to do so year over year.” Two pioneers in artificial intelligence (AI)-based drug development became one this past week when and Exscientia they said would help them fulfill commitments to deliver first-in-class and best-in-class drug discovery. However, a pair of analysts took a more cautious view of the companies joining forces. Mani Foroohar, MD, of Leerink Partners acknowledged two benefits of the combination deal: It extends Recursion’s cash runway into 2027 and provides the company with additional tools in Exscientia’s pipeline candidates, as well as its precision chemistry tools and capabilities, including its newly commissioned automated small molecule synthesis platform. “We see long-term risks associated with pipeline prioritization and deal execution,” Foroohar cautioned, citing the companies’ plan to generate annual savings through operational “synergies’ of $100 million. Those synergies included job cuts, Najat Khan, PhD, Recursion’s chief R&D officer and chief commercial officer, . The combined workforce has shrunk from about 900 pre-combination to approximately 800. Foroohar also cited Recursion’s delayed timing for several of its pipeline candidates: The company also deprioritized a second program for a fourth candidate, in advanced AXIN1/APC-mutant cancers. The combined company, which assumed the Recursion name and stock ticker (Exscientia’s ticker of NASDAQ: EXAI has ceased trading and has been delisted), is a trans-Atlantic AI powerhouse with a pipeline of more than 10 clinical and preclinical programs, 10 programs in advanced discovery phases, and more than 10 additional programs partnered with biopharmas. Recursion CEO Chris Gibson, PhD, who keeps his position in the combined company, has envisioned growing to . “Investors continue to struggle with the abundance of programs for a company with a heavy cash burn,” Foroohar commented. “In light of this dynamic, we would advocate a more disciplined and focused approach with aggressive headcount and pipeline rationalization.” Investor reaction appeared to reflect the caution voiced by Foroohar. Shares of the newly-combined Recursion the day the combination took effect Thursday, from $6.04 to $5.75, and Friday, to $5.70. In the months leading up to the combination, the stock yo-yoed from $6.84 on August 8, peaking at $7.84 on November 11 before retreating. Foroohar reiterated Leerink’s “Market Perform” rating and $8 price target on Recursion shares. Also staying in place was Needham analyst Gil Blum, PhD, who reiterated his firm’s “Buy” rating and $11 price target. Dennis Ding, equity analyst with Jefferies, wrote in a research note that the company could generate a potential $50 million in cost savings next year alone from shrinking its real estate footprint, reducing its spending on external contract research, and consolidating its late discovery stage pipeline programs. He projected Recursion will offer more information on cost-cutting when it reports fourth quarter 2024 results early in the new year. On the value creation side, however, Ding said Recursion’s stock could see a boost if it reports positive data next month from its lead cancer candidate REC-617 (formerly GTAEXS617), an Exscientia-developed CDK7 inhibitor being developed to treat advanced solid tumors. Recursion expects to report initial monotherapy safety and pharmacokinetic and pharmacodynamic (PK/PD) data from the Phase I portion of the Exscientia-initiated Phase I/II ELUCIDATE trial ( ) on December 9 during the American Association for Cancer Research (AACR) Special Conference, being held in Toronto, and the following day at a webinar. “We think this is the next catalyst for the stock and coming up imminently,” Ding declared. In a September , Exscientia said preclinical models suggested 8-10 hours of IC [in vitro 80% inhibitory] coverage on CDK7 was optimal, while less coverage compromised efficacy and longer coverage could result in signals of safety problems. “The therapeutic window is very narrow for CDK7, and—outside of obvious chemical design choices—RXRX hopes to have a short half-life ~6-8 hours to hit CDK7 hard but not long enough to drive tox[icity],” Ding observed. “It’s imperative they thread the needle on this.”Palantir Technologies (NASDAQ: PLTR) was once known as a software-as-a-service company that did most of its business with the government. But in recent times, the company, along with increasing its revenue from government contracts, has also seen its commercial business growth explode. How did this long-established player suddenly supercharge its revenue? Well, it's a combination of the platform Palantir built over its 20-year history and its more recent jump into artificial intelligence (AI) . In fact, thanks to Palantir's launch of its Artificial Intelligence Platform (AIP) last year, we could call the company one of the early winners of the AI boom. Demand for AIP has taken off, and earnings have followed, with the company recently reporting its highest quarterly profit ever. So, it's no surprise investors have flocked to the shares, driving them up more than 280% this year. Are You Missing The Morning Scoop? Wake up with Breakfast news in your inbox every market day. Sign Up For Free » After this sort of performance and an increase in valuation, though, you may wonder whether it's too late to get in on this growth story. Should you buy Palantir right now? Let's consider what Wall Street has to say. Using data to make game-changing decisions First, though, let's talk a bit about Palantir's path so far. Through its platform, the company helps customers aggregate their data and use it to make better decisions. The results could be game-changing, helping companies, for example, become more efficient and achieve huge cost savings or even launch new products and services. And AIP, harnessing the power of AI, has become particularly popular among government and commercial customers. This has resulted in double-digit revenue growth for Palantir and impressive trends in the commercial business. Just four years ago, the company had 14 U.S. commercial customers, and today, it has grown that to nearly 300. This is compelling for two reasons. The pace of growth shows Palantir's platform greatly interests these customers, and the number of commercial customers today leaves plenty of room for growth well into the future. What we can see in figures from the recent quarter also supports the idea of growth now and down the road. In the three-month period, Palantir's U.S. commercial revenue soared 54%, and U.S. government revenue rose 40%. This shows the strength of the company's new growth driver -- the commercial business -- as well as the government business it's relied on for years. So, Palantir is firing on all cylinders, and we could expect this to continue since AIP's launch was rather recent. Forecasts show the general AI market has much growth ahead. Analysts expect today's $200 billion AI market to reach $1 trillion by the end of the decade. Palantir's $1 million deals Palantir has also spoken of high demand for AIP, and deal values are increasing. In the recent quarter, the company has closed more than 100 deals with a value greater than $1 million. All of these points are positive and may encourage investors to get in on the stock now. But Wall Street isn't so optimistic about the share performance to come. The average analyst estimate calls for the stock to drop 40% from today's level over the coming 12 months, and most analysts have a hold recommendation on the shares. This isn't necessarily due to a loss of faith in the company -- it's more about valuation. This year's gains have left Palantir trading for 175 times forward earnings estimates, a level that may look pretty steep -- even for a growth stock. So, Wall Street doesn't recommend buying Palantir right now. Now, the big question is: Should you follow Wall Street's advice? No one can predict stock performance with 100% certainty, but the current valuation may limit Palantir's near-term performance -- and the stock might not deliver outsize gains in the weeks and months ahead. Investors who are very cautious or focused on value probably shouldn't pile into Palantir right now. That said, earnings projections used in the above valuation measure don't consider earnings a few years down the road. Palantir's future looks bright, and the company seems to be on the path to long-term revenue and profit growth. This means that even after Palantir's triple-digit gain this year, the stock still has plenty of room to run over the long term, making it a great AI stock for growth investors to buy now. Should you invest $1,000 in Palantir Technologies right now? Before you buy stock in Palantir Technologies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now... and Palantir Technologies wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $872,947 !* Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*. See the 10 stocks » *Stock Advisor returns as of December 2, 2024 Adria Cimino has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Palantir Technologies. The Motley Fool has a disclosure policy . Should You Buy Palantir After Its 280% Gain This Year? Wall Street Says This. was originally published by The Motley Fool
Richardson Financial Services Inc. Has $2.67 Million Position in NVIDIA Co. (NASDAQ:NVDA)Imphal, November 24: Hours after announcing the resumption of regular classes in all educational institutions, including schools and universities from Monday, the education departments of the Manipur government on Sunday night ordered the closure of all the educational institutions in the five valley districts on Monday and Tuesday, officials said. Director of Education (Schools) L. Nandakumar Singh and Joint Secretary (Higher and Technical Education Department), Daryal Juli Anal in separate orders asked all the district and zonal level officers to take appropriate steps to close all government, private, and government-aided educational institutions including colleges and universities on Monday and Tuesday. Manipur Unrest: Additional Central Force Arrive in Trouble-Torn State After Home Minister Amit Shah’s Decision To Deploy 50 CAPF Units Following Emergency Meet in Delhi. Earlier on Sunday, Singh and Anal in separate orders asked all the district and zonal level officers to take appropriate steps to resume the classes of all government, private, government-aided educational institutions including colleges and universities from Monday. For more than a week, regular classes in all educational institutions, including schools and universities in five valley districts remained closed from November 16 due to escalating violence and mob attacks. The Education Department, in consultation with the Home Department, has decided to close the normal classes in all the educational institutions on November 25 and 26, an official said. Manipur Violence: All Educational Institutions in Imphal Valley To Remain Closed Till November 23 for Safety of Students, Teachers and Staff. He said that considering the safety of the students, teachers and non-teaching staff, all the government and government-aided educational institutions, including state universities were closed till November 23 in five valley districts -- Imphal West, Imphal East, Thoubal, Bishnupur and Kakching. Officials said that with no major incident reported from any of the five districts, curfew was relaxed during the past few days for several hours in the daytime to facilitate the people to purchase essential items and carry out other essential work. Meanwhile, the Manipur Home Department extended the suspension of mobile Internet and data services in seven districts till Monday evening as a precautionary measure. Officials of the Home Department said that though no incident was reported from any of the seven districts, as a precautionary measure, the suspension of mobile Internet and data services has been extended till November 25. The seven districts, comprising both the valley and hills, are Imphal West, Imphal East, Bishnupur, Thoubal, Kakching, Kangpokpi, and Churachandpur. (The above story first appeared on LatestLY on Nov 24, 2024 11:48 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com ).
Suchir Balaji, a former OpenAI engineer and whistleblower who helped train the artificial intelligence systems behind ChatGPT and later said he believed those practices violated copyright law, has died, according to his parents and San Francisco officials. He was 26. Balaji worked at OpenAI for nearly four years before quitting in August. He was well-regarded by colleagues at the San Francisco company, where a co-founder this week called him one of OpenAI's strongest contributors who was essential to developing some of its products. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.
L. Roy Papp & Associates LLP raised its holdings in NVIDIA Co. ( NASDAQ:NVDA – Free Report ) by 2.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 3,471 shares of the computer hardware maker’s stock after acquiring an additional 85 shares during the period. L. Roy Papp & Associates LLP’s holdings in NVIDIA were worth $422,000 at the end of the most recent quarter. A number of other hedge funds also recently bought and sold shares of the business. Legal & General Group Plc grew its stake in shares of NVIDIA by 884.0% in the 2nd quarter. Legal & General Group Plc now owns 213,127,959 shares of the computer hardware maker’s stock valued at $26,329,751,000 after buying an additional 191,469,114 shares during the period. Bank of New York Mellon Corp grew its stake in shares of NVIDIA by 854.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 182,622,629 shares of the computer hardware maker’s stock valued at $22,561,200,000 after buying an additional 163,482,580 shares during the period. Ameriprise Financial Inc. grew its stake in shares of NVIDIA by 870.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 102,422,225 shares of the computer hardware maker’s stock valued at $12,658,922,000 after buying an additional 91,867,031 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of NVIDIA by 1,123.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 92,039,713 shares of the computer hardware maker’s stock valued at $11,371,255,000 after buying an additional 84,515,429 shares during the period. Finally, Massachusetts Financial Services Co. MA grew its stake in shares of NVIDIA by 808.6% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 82,689,605 shares of the computer hardware maker’s stock valued at $10,215,474,000 after buying an additional 73,589,208 shares during the period. Institutional investors and hedge funds own 65.27% of the company’s stock. Insider Buying and Selling at NVIDIA In other news, Director Mark A. Stevens sold 155,000 shares of NVIDIA stock in a transaction dated Wednesday, October 9th. The stock was sold at an average price of $132.27, for a total transaction of $20,501,850.00. Following the sale, the director now directly owns 8,100,117 shares of the company’s stock, valued at approximately $1,071,402,475.59. This trade represents a 1.88 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website . Also, Director John Dabiri sold 716 shares of NVIDIA stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $142.00, for a total value of $101,672.00. Following the sale, the director now directly owns 19,942 shares in the company, valued at $2,831,764. The trade was a 3.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders have sold a total of 1,796,986 shares of company stock worth $214,418,399 over the last 90 days. Insiders own 4.23% of the company’s stock. Wall Street Analysts Forecast Growth Get Our Latest Stock Analysis on NVDA NVIDIA Stock Down 1.8 % Shares of NASDAQ NVDA opened at $142.44 on Friday. NVIDIA Co. has a 52 week low of $45.60 and a 52 week high of $152.89. The company has a debt-to-equity ratio of 0.13, a quick ratio of 3.64 and a current ratio of 4.10. The stock’s fifty day moving average is $138.16 and its 200 day moving average is $125.58. The stock has a market capitalization of $3.49 trillion, a P/E ratio of 56.06, a PEG ratio of 2.62 and a beta of 1.63. NVIDIA ( NASDAQ:NVDA – Get Free Report ) last released 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 return on equity of 114.83% and a net margin of 55.69%. The firm had revenue of $35.08 billion for the quarter, compared to analysts’ expectations of $33.15 billion. During the same quarter in the previous year, the business posted $0.38 earnings per share. The business’s revenue for the quarter was up 93.6% on a year-over-year basis. Sell-side analysts forecast that NVIDIA Co. will post 2.76 earnings per share for the current fiscal year. NVIDIA announced that its Board of Directors has approved a share buyback plan on Wednesday, August 28th that permits the company to buyback $50.00 billion in outstanding shares. This buyback authorization permits the computer hardware maker to repurchase up to 1.6% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its stock is undervalued. NVIDIA Announces Dividend The firm also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Thursday, December 5th will be given a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 0.03%. The ex-dividend date of this dividend is Thursday, December 5th. NVIDIA’s dividend payout ratio is presently 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. Further Reading Five stocks we like better than NVIDIA What is Short Interest? How to Use It Fast-Growing Companies That Are Still Undervalued Top Stocks Investing in 5G Technology Top Cybersecurity Stock Picks for 2025 Where Do I Find 52-Week Highs and Lows? Archer or Joby: Which Aviation Company Might Rise Fastest? Receive News & Ratings for NVIDIA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NVIDIA and related companies with MarketBeat.com's FREE daily email newsletter .
(All times Eastern) Schedule subject to change and/or blackouts Sunday, Dec. 1 AUTO RACING 10:55 a.m. ESPN2 — Formula 1: The Qatar Airways Qatar Grand Prix, Lusail International Circuit, Doha, Qatar COLLEGE BASKETBALL (MEN’S) Noon BTN — Alcorn St. at Maryland 2 p.m. BTN — Buffalo at Penn St. 4 p.m. BTN — North Florida at Nebraska ESPN2 — MTSU at UAB 4:30 p.m. FS1 — South Carolina at Xavier COLLEGE BASKETBALL (WOMEN’S) Noon ACCN — Columbia at Duke 2 p.m. ESPN2 — Creighton at Tulsa COLLEGE VOLLEYBALL (WOMEN’S) 6 p.m. ESPN — NCAA Women’s Volleyball Selection Show GOLF 7 a.m. GOLF — Ladies European Tour: The Andalucía Costa del Sol Open de España, Final Round, Real Club Guadalhorce Golf, Málaga, Spain HORSE RACING Noon FS1 — NYRA: America’s Day at the Races LACROSSE (MEN’S) 6 p.m. ESPN2 — NLL: Philadelphia at San Diego NBA BASKETBALL 6 p.m. NBATV — Boston at Cleveland NBA G-LEAGUE BASKETBALL 1 p.m. NBATV — Sioux Falls at Motor City NFL FOOTBALL 1 p.m. CBS — Regional Coverage: L.A. Chargers at Atlanta, Pittsburgh at Cincinnati, Indianapolis at New England, Tennessee at Washington FOX — Regional Coverage: Arizona at Minnesota, Seattle at N.Y. Jets, Houston at Jacksonville 4:05 p.m. FOX — Regional Coverage: L.A. Rams at New Orleans, Tampa Bay at Carolina 4:25 p.m. CBS — Philadelphia at Baltimore 8:20 p.m. NBC — San Francisco at Buffalo PEACOCK — San Francisco at Buffalo SKIING 12:30 p.m. NBC — FIS: Alpine Ski World Cup, Killington, Vt. SOCCER (MEN’S) 8:30 a.m. USA — Premier League: Aston Villa at Chelsea 11 a.m. USA — Premier League: Manchester City at Liverpool Noon CBSSN — Serie A: Inter Milan at Fiorentina SPEEDSKATING 2 p.m. NBC — ISU: World Cup, Beijing (Taped) The Associated Press created this story using technology provided by Data Skrive TV listings provided by LiveSportsOnTV .
NoneEAST RUTHERFORD, N.J. (AP) — Tampa Bay Buccaneers quarterback Baker Mayfield embarrassed the woeful Giants with his arm and legs, and if that wasn't enough, he rubbed it in by mimicking New York fan favorite Tommy DeVito's celebratory dance after scoring a touchdown. Mayfield catapulted into the end zone on a spectacular 10-yard scramble for one of Tampa Bay's four rushing TDs, and the Buccaneers beat the Giants and new starting quarterback DeVito 30-7 on Sunday, snapping a four-game losing streak and extending New York's skid to six. With both teams struggling and coming off byes, most of the focus leading up to the game was on the Giants' decisions this week to bench and then release quarterback Daniel Jones. The brash DeVito was given the starting job and asked to spark coach Brian Daboll's team, as he did last season. Instead, Mayfield provided the energy with his play and his trolling of DeVito. “Tribute to Tommy,” said a straight-faced Mayfield, who was 24 of 30 for 294 yards. “He’s a good dude, that’s why. Most of the times, I don’t know what I’m going to do. It’s spontaneous.” Mayfield was asked several times about the gesture and admitted he wanted to give Giants fans something they liked, adding he met DeVito at the Super Bowl in Las Vegas in February. “He had his chain blinged out, swag walking through the casino. It was awesome,” Mayfield said. “It was like a movie scene, honestly.” DeVito did nothing to help the NFL's lowest-scoring offense. He threw for 189 yards, mostly in the second half with New York well on its way to its sixth straight loss at home, where it is winless. Meanwhile, the Buccaneers dominated in every phase in a near-perfect performance that featured TD runs of 1 yard by Sean Tucker, 6 yards by Bucky Irving and 1 yard by Rachaad White. After recent losses to the Ravens, 49ers and Chiefs, Tampa Bay (5-6) moved within one game of idle Atlanta in the NFC South. “We’re hoping it builds confidence,” Mayfield said. “We have a belief that we are still sitting and controlling our own destiny.” Tampa Bay scored on five of its on first six possessions to open a 30-0 lead, and none was more exciting than Mayfield's TD run with 12 seconds left in the first half. On a second-and-goal from the 10, he avoided pressure and went for the end zone. He was hit by Cor'Dale Flott low and Dru Phillips high around the 2-yard line, and he was airborne when he crossed the goal line. The ball came loose when he hit the turf but he jumped up and flexed, DeVito-style, as the Bucs took a 23-0 lead. DeVito said players talked about the celebration in the locker room but he did not see it. Daboll was asked about the gesture and said Mayfield played well. He said the Giants' poor performance had nothing to do with Jones being released. “No excuse on that,” said Daboll, whose job is on the line despite making the playoffs in 2022. “We just didn’t do a good enough job.” “We played soft, and they beat the (expletive) out of us,” defensive tackle Dexter Lawrence added. Mayfield's favorite target Mike Evans returned to the lineup after missing three games with a hamstring injury and had five catches for 68 yards. Irving had 87 yards rushing and six catches for 64 yards. The Bucs held New York to three first downs and 45 yards in the first half, and they finished with 450 yards to the Giants' 245. DeVito had a 17-yard run in the fourth quarter to set up a 1-yard touchdown run by Devin Singletary. The brash New Jersey native was sacked four times, including once in the fourth quarter, which forced him to go to the bench for one play. Buccaneers: LT Tristan Wirfs (knee) did not play and Justin Skule replaced him. ... Tampa Bay lost OLB Joe Tryon-Shoyinka to an ankle injury in the second quarter and safety Jordan Whitehead to a pectoral injury in the fourth quarter. Giants: LT Jermaine Eluemunor (quad) and OLB Azeez Ojulari (toe) were hurt in the first quarter and did not return. Buccaneers: At Carolina next Sunday. Giants: At Dallas on Thanksgiving AP NFL: https://apnews.com/hub/nfl
(All times Eastern) Schedule subject to change and/or blackouts Sunday, Dec. 1 AUTO RACING 10:55 a.m. ESPN2 — Formula 1: The Qatar Airways Qatar Grand Prix, Lusail International Circuit, Doha, Qatar COLLEGE BASKETBALL (MEN’S) Noon BTN — Alcorn St. at Maryland 2 p.m. BTN — Buffalo at Penn St. 4 p.m. BTN — North Florida at Nebraska ESPN2 — MTSU at UAB 4:30 p.m. FS1 — South Carolina at Xavier COLLEGE BASKETBALL (WOMEN’S) Noon ACCN — Columbia at Duke 2 p.m. ESPN2 — Creighton at Tulsa COLLEGE VOLLEYBALL (WOMEN’S) 6 p.m. ESPN — NCAA Women’s Volleyball Selection Show GOLF 7 a.m. GOLF — Ladies European Tour: The Andalucía Costa del Sol Open de España, Final Round, Real Club Guadalhorce Golf, Málaga, Spain HORSE RACING Noon FS1 — NYRA: America’s Day at the Races LACROSSE (MEN’S) 6 p.m. ESPN2 — NLL: Philadelphia at San Diego NBA BASKETBALL 6 p.m. NBATV — Boston at Cleveland NBA G-LEAGUE BASKETBALL 1 p.m. NBATV — Sioux Falls at Motor City NFL FOOTBALL 1 p.m. CBS — Regional Coverage: L.A. Chargers at Atlanta, Pittsburgh at Cincinnati, Indianapolis at New England, Tennessee at Washington FOX — Regional Coverage: Arizona at Minnesota, Seattle at N.Y. Jets, Houston at Jacksonville 4:05 p.m. FOX — Regional Coverage: L.A. Rams at New Orleans, Tampa Bay at Carolina 4:25 p.m. CBS — Philadelphia at Baltimore 8:20 p.m. NBC — San Francisco at Buffalo PEACOCK — San Francisco at Buffalo SKIING 12:30 p.m. NBC — FIS: Alpine Ski World Cup, Killington, Vt. SOCCER (MEN’S) 8:30 a.m. USA — Premier League: Aston Villa at Chelsea 11 a.m. USA — Premier League: Manchester City at Liverpool Noon CBSSN — Serie A: Inter Milan at Fiorentina SPEEDSKATING 2 p.m. NBC — ISU: World Cup, Beijing (Taped) The Associated Press created this story using technology provided by Data Skrive TV listings provided by LiveSportsOnTV .
NoneINDIANAPOLIS — Jahmyr Gibbs rushed for two scores and David Montgomery added a third touchdown run Nov. 24, leading the Detroit Lions to a 24-6 victory at the Indianapolis Colts. Gibbs finished with 21 carries for 90 yards as the Lions (10-1) extended their league-high winning streak to nine straight. Detroit has its been 11-game record since the franchise’s inaugural season in 1934. Jared Goff continued his sensational season, too, completing 26 of 36 throws for 269 yards. The Colts (5-7) lost their second straight home game and for the fourth time in their past five games. Anthony Richardson was 11 [...]
Suchir Balaji, a former OpenAI engineer and whistleblower who helped train the artificial intelligence systems behind ChatGPT and later said he believed those practices violated copyright law, has died, according to his parents and San Francisco officials. He was 26. Balaji worked at OpenAI for nearly four years before quitting in August. He was well-regarded by colleagues at the San Francisco company, where a co-founder this week called him one of OpenAI's strongest contributors who was essential to developing some of its products. “We are devastated to learn of this incredibly sad news and our hearts go out to Suchir’s loved ones during this difficult time,” said a statement from OpenAI. Balaji was found dead in his San Francisco apartment on Nov. 26 in what police said “appeared to be a suicide. No evidence of foul play was found during the initial investigation.” The city's chief medical examiner's office confirmed the manner of death to be suicide. His parents Poornima Ramarao and Balaji Ramamurthy said they are still seeking answers, describing their son as a “happy, smart and brave young man” who loved to hike and recently returned from a trip with friends. Balaji grew up in the San Francisco Bay Area and first arrived at the fledgling AI research lab for a 2018 summer internship while studying computer science at the University of California, Berkeley. He returned a few years later to work at OpenAI, where one of his first projects, called WebGPT, helped pave the way for ChatGPT. “Suchir’s contributions to this project were essential, and it wouldn’t have succeeded without him,” said OpenAI co-founder John Schulman in a social media post memorializing Balaji. Schulman, who recruited Balaji to his team, said what made him such an exceptional engineer and scientist was his attention to detail and ability to notice subtle bugs or logical errors. “He had a knack for finding simple solutions and writing elegant code that worked,” Schulman wrote. “He’d think through the details of things carefully and rigorously.” Balaji later shifted to organizing the huge datasets of online writings and other media used to train GPT-4, the fourth generation of OpenAI's flagship large language model and a basis for the company's famous chatbot. It was that work that eventually caused Balaji to question the technology he helped build, especially after newspapers, novelists and others began suing OpenAI and other AI companies for copyright infringement. He first raised his concerns with The New York Times, which reported them in an October profile of Balaji . He later told The Associated Press he would “try to testify” in the strongest copyright infringement cases and considered a lawsuit brought by The New York Times last year to be the “most serious.” Times lawyers named him in a Nov. 18 court filing as someone who might have “unique and relevant documents” supporting allegations of OpenAI's willful copyright infringement. His records were also sought by lawyers in a separate case brought by book authors including the comedian Sarah Silverman, according to a court filing. “It doesn’t feel right to be training on people’s data and then competing with them in the marketplace,” Balaji told the AP in late October. “I don’t think you should be able to do that. I don’t think you are able to do that legally.” He told the AP that he gradually grew more disillusioned with OpenAI, especially after the internal turmoil that led its board of directors to fire and then rehire CEO Sam Altman last year. Balaji said he was broadly concerned about how its commercial products were rolling out, including their propensity for spouting false information known as hallucinations. But of the “bag of issues” he was concerned about, he said he was focusing on copyright as the one it was “actually possible to do something about.” He acknowledged that it was an unpopular opinion within the AI research community, which is accustomed to pulling data from the internet, but said “they will have to change and it’s a matter of time.” He had not been deposed and it’s unclear to what extent his revelations will be admitted as evidence in any legal cases after his death. He also published a personal blog post with his opinions about the topic. Schulman, who resigned from OpenAI in August, said he and Balaji coincidentally left on the same day and celebrated with fellow colleagues that night with dinner and drinks at a San Francisco bar. Another of Balaji’s mentors, co-founder and chief scientist Ilya Sutskever, had left OpenAI several months earlier , which Balaji saw as another impetus to leave. Schulman said Balaji had told him earlier this year of his plans to leave OpenAI and that Balaji didn't think that better-than-human AI known as artificial general intelligence “was right around the corner, like the rest of the company seemed to believe.” The younger engineer expressed interest in getting a doctorate and exploring “some more off-the-beaten path ideas about how to build intelligence,” Schulman said. Balaji's family said a memorial is being planned for later this month at the India Community Center in Milpitas, California, not far from his hometown of Cupertino. —————- EDITOR’S NOTE — This story includes discussion of suicide. If you or someone you know needs help, the national suicide and crisis lifeline in the U.S. is available by calling or texting 988. —————-- The Associated Press and OpenAI have a licensing and technology agreement allowing OpenAI access to part of the AP’s text archives.Aberdeen midfielder Leighton Clarkson insists it is “not all doom and gloom” at Pittodrie despite crashing to a five-game winless slump. After a record-breaking 11 game unbeaten start to the league campaign the Dons’ form has hit a bump in recent weeks. Clarkson accepts the Reds now face a “test of character”. A return of just three points from the last possible 15 have resulted in second-placed Aberdeen falling nine points behind league leaders Celtic, who hold a game in hand. The Dons were level on points at the top of the table with Celtic after 11 games. Some frustrated Aberdeen fans booed at half-time and full-time. Clarkson admits the drop in form is disappointing but has called for some perspective as Aberdeen are second in the Premiership and their confidence remains intact. He said: “We are still in a really good position so it’s not all doom and gloom. “The spirit is still there but the quality has dipped in the last few games and we need to get that back. “The confidence hasn’t gone, we just need to be more at it. “The games we drew recently felt like losses even though we did get something out of them. “But we felt (against St Johnstone) we really should have been coming away with three points. “We had a lot of possession but it was all a bit slow when we need to punch the passes in and make them run around.” Pittodrie ‘fear factor’ was missing Aberdeen had a this season prior to recently losing 1-0 to Celtic in the Granite City. Clarkson believes the fear factor the Dons had built for opposition teams at Pittodrie wasn’t there against the Perth Saints. He said: “We spoke in the changing room before the game about getting the crowd going. “For opposition players to come here, they should fear it. “I don’t think St Johnstone feared it and that comes from us on the pitch not giving the fans enough to shout about. “So there’s obviously still a lot we need to do.” ‘It’s a test of character’ Aberdeen are . The Dons were nine points clear of third-placed Rangers but that gap has been slashed. Clarkson said: “It’s a test of character because everything was going swimmingly for such a long time...then all of a sudden. “It was lacklustre against St Johnstone. “We had a lot of possession, but it was all a bit slow. “We need to be punching the passes in and making the opposition work, making them turn around. “There was not enough crosses into the box and we didn’t really play through the lines. “We threw everything at it, but just couldn’t get enough shots away.” ‘We need to be bang at it at home’ Aberdeen trailed 1-0 at half-time to a goal from Makenzie Kirk. Boss Thelin made three changes at the break and it paid off as substitute Duk played in Clarkson to level in the 56th minute. Aberdeen, however, could not deliver a winner. Clarkson said: “It was frustrating as we didn’t come out of the blocks in the first half and weren’t really at it. “The gaffer made a couple of changes at half-time that brought a bit of life back into us. “We managed to get the goal but we are disappointed not to work their keeper enough. “I don’t know why that was as especially when we play teams at home we need to be bang at it. “I was happy with the goal as I know I missed one the other night against Celtic. “I didn’t sleep at night after that so it was good to score but I would have been more pleased with the three points.”
Over 4,000 Imran Khan supporters arrested ahead of Islamabad protest
Billionaire Elon Musk called Canada’s prime minister an “insufferable tool” on his social media platform today. Musk’s comments were in response to Justin Trudeau likening Kamala Harris’s defeat in the U.S. presidential election to an attack on women’s rights and progress. This afternoon, Trudeau met with provincial and territorial premiers to discuss Canada’s approach to negotiations with the U.S. Canada is facing a threat of a 25 per cent tariff hike from incoming president Donald Trump, who defeated Harris in the November election. Earlier this week, Trump taunted Trudeau on social media, referring to the prime minister as the governor of what he called the “Great State of Canada.” The post was an apparent reference to a joke Trump cracked at his dinner with Trudeau at his Mar-a-Lago estate nearly two weeks ago, where the president-elect teased that Canada could join the U.S. as its 51st state. Speaking on Tuesday night at an event hosted by the Equal Voice Foundation — an organization dedicated to improving gender representation in Canadian politics — Trudeau said there are regressive forces fighting against women’s progress. “It shouldn’t be that way. It wasn’t supposed to be that way. We were supposed to be on a steady, if difficult sometimes, march towards progress,” Trudeau said, adding he is a proud feminist and will always be an ally. “And yet, just a few weeks ago, the United States voted for a second time to not elect its first woman president. Everywhere, women’s rights and women’s progress is under attack. Overtly, and subtly.” In a post on X on Wednesday, Musk responded to a clip of Trudeau’s remarks, saying, “He’s such an insufferable tool. Won’t be in power for much longer.”Ex-OpenAI engineer who raised legal concerns about the technology he helped build has diedTwo of the league’s young quarterbacks looking to prove themselves meet Sunday afternoon in Foxborough as Anthony Richardson and the Colts (5-7) take on Drake Maye and the Patriots (3-9). The 2nd-year pro out of Florida, Richardson was benched earlier this season for a couple games before returning in impressive fashion completing 20 of 30 passes, throwing for 272 yards, and most importantly, leading the Colts to a 28-27 win over the Jets. However, Richardson was less than good last weekend against the Lions completing just 11 of 28 passes for 172 yards in a 24-6 loss to Detroit. Like Richardson in Indy, Drake Maye has had his ups and downs this season. The rookie out of North Carolina was also good two weeks ago in a 28-22 loss to the Rams completing 75% of his passes and throwing for 282 yards. However, the rookie out of North Carolina struggled last weekend. Like Richardson, accuracy has been a recurring issue for the young signal-caller. He completed just 22 of 37 passes at Miami in a loss to the Dolphins. Both Indianapolis and New England have much invested in these two young quarterbacks. It will be interesting to see if either show progress this weekend in the Northeast. NBC Sports has all the latest info and analysis you need, including how to tune in for kickoff, odds from DraftKings, player news and updates, and of course our predictions and best bets for the game from our staff of experts. Listen to the Bet the Edge podcast as hosts Jay Croucher and Drew Dinsick provide listeners with sharp actionable insight, market analysis and statistical data to help bettors gain more information before placing their wagers. So, whether you’re targeting spreads and totals, looking for value in futures markets or circling player props, give their podcast a listen to give you that extra edge. Game details and how to watch Colts at Patriots · Date : December 1, 2024 · Time : 1 PM ET · Site : Gillette Stadium · City : Foxborough, MA · TV/Streaming : CBS Latest Game Odds for Colts at Patriots The latest odds courtesy of DraftKings: · Moneyline : Indianapolis Colts (-142), New England Patriots (+120) · Spread : Colts -2.5 · Total : 42.5 This line currently sits where it opened but the Total has dropped 0.5 points. Is that the result of a lack of confidence in either young quarterback to be able to finish drives with touchdowns? NBC Sports Bet Best Bets Expert picks & predictions for Colts at Patriots Please bet responsibly. If you or someone you know has a gambling problem, call the National Gambling Helpline at 1-800-522-4700. Our model calculates projections around each moneyline, spread and over/under bet for every game on the NFL calendar based on data points like past performance, player matchups, betting trends, and weather forecasts. Once the model is finished running, we put its projection next to the latest betting lines for the game to arrive at a relative confidence level for each wager. Here are the best bets our model is projecting for Sunday’s game between Indianapolis and New England: · Moneyline : NBC Sports is leaning towards a play on the Patriots on the Moneyline · Spread : NBC Sports is staying away from a play ATS. · Total : NBC Sports is leaning slightly towards a play on the Total UNDER 42.5. Colts at Patriots Stats, Betting Trends · The Colts are 8-4 against the spread this season. · The Colts are 5-7 to the OVER this season. · The Patriots are 4-7-1 against the spread this season. · The Patriots are 7-5 to the OVER this season. · The Colts have covered the spread in 8 of their last 10 away games against teams with worse records. · The Patriots’ last 3 home games have gone OVER the Total. · 4 of 5 games at home for New England have been decided by 1 score Quarterback Matchup for Colts at Patriots · Indianapolis: Anthony Richardson – the rookie is completing 47.7% of his passes this season. He has thrown just 5 TD passes while being intercepted 7 times. · New England: Drake Maye – like many young QBs, Maye has been sacked plenty this season. The rookie has appeared in 8 games and been sacked at least once in each of those 8 appearances and a total of 21 times. Colts and Patriots Injury Report Indianapolis WR Josh Downs (shoulder) has been ruled out for Sunday’s game. Indianapolis WR Ashton Dulin (ankle) has been ruled out for Sunday’s game. Indianapolis WR Alec Pierce (foot) is questionable and did not practice on Wednesday or Thursday but was a full participant Friday. He is listed as questionable for Sunday’s game. Indianapolis LT Bernhard Raimann has been cleared to play Sunday. Indianapolis RT Braden Smith (personal matter) has been ruled out for Sunday’s game. Indianapolis G Tanor Bortolini (concussion) has been ruled out for Sunday’s game. New England G Cole Strange (knee) has been ruled out for Sunday’s game. New England WR DeMario Douglas (ankle) is listed as questionable for Sunday’s game. New England T Vederian Lowe (shoulder) is listed as questionable for Sunday’s game. New England S Kyle Dugger (ankle) is listed as questionable for Sunday’s game. New England S Jabrill Peppers (knee) is listed as questionable for Sunday’s game. Rotoworld still has you covered with all the latest and tools for the NFL, including game predictions, player props, futures, and trends! Follow our experts on socials to keep up with all the latest content from the staff: · Vaughn Dalzell (@VmoneySports) · Brad Thomas (@MrBradThomas) · Jay Croucher (@croucherJD) · Drew Dinsick (@whale_capper)NEW YORK , Dec. 11, 2024 /PRNewswire/ -- Report with the AI impact on market trends - The global iron ore market size is estimated to grow by USD 57.5 billion from 2024 to 2028, according to Technavio. The market is estimated to grow at a CAGR of 3.2% during the forecast period. For comprehensive forecast and historic data on regions,market segments, customer landscape, and companies- Click for the snapshot of this report Report Attribute Details Base Year 2023 Forecast period 2024-2028 Historic Data for 2018 - 2022 Segments Covered Product (Fines, Pellets, Lump, and HBI/DRI), Source (Surface mining and Underground mining), and Geography (APAC, Europe, South America, North America, and Middle East and Africa) Key Companies Covered Anglo American plc, Ansteel Group Corp. Ltd., ArcelorMittal SA, Atlas Iron Pty Ltd., BCI Minerals Ltd., BHP Group plc, China Hanking Holdings Ltd., Cleveland Cliffs Inc., Eurasian Resources Group Sarl, Ferrexpo Plc, Fortescue Metals Group Ltd., GFG Alliance, KIOCL Ltd., Luossavaara Kiirunavaara AB, Metinvest BV, Mideast Integrated Steel Ltd., Mount Gibson Iron Ltd., NMDC Ltd., Rio Tinto Ltd., and Vale SA, Anglo American; Ansteel Group Corporation Limited; ArcelorMittal; BHP; Cleveland-Cliffs Inc.; EVRAZ plc; Fortescue Metals Group Ltd; HBIS Group; LKAB; Metalloinvest MC LLC; Rio Tinto; Vale Regions Covered APAC, Europe, South America, North America, and Middle East and Africa Region Outlook 1. APAC - APAC is estimated to contribute 89%. To the growth of the global market. The Iron Ore Market report forecasts market growth by revenue at global, regional & country levels from 2017 to 2027. The iron ore market in APAC is anticipated to expand due to the rising demand for steel in the region. This demand is driven by industrialization and infrastructure development projects in countries like Indonesia , South Korea , and India . Notably, Indonesia has announced a USD430 billion investment in infrastructure by 2024. Several industrial, commercial, and residential projects are underway in these countries, fueling the need for iron ore. Additionally, increasing government initiatives to boost steel production will further boost the demand for iron ore in APAC during the forecast period. For more insights on APAC's significant contribution along with the market share of rest of the regions and countries - Download a FREE Sample Segmentation Overview 1.1 Fastest growing segment: Iron ore fines are crushed forms of iron ore used in the production of sinter, a material essential for ironmaking in blast furnaces. Fines are mixed with a binder like clay and sometimes flux such as limestone during the sintering process. The advantage of using fines is their ability to be blended for optimal iron concentration and reduced contaminants. In the sintering process, fines are combined with coke breeze, limestone, and recycled sinter particles, enhancing blast furnace permeability for efficient iron production. Globally, iron ore fines are exported and traded for use in steel production, driving the growth of the iron ore fines market. Get a glance at the market contribution of rest of the segments - Download a FREE Sample Report in minutes! Research Analysis Iron ore is a crucial nonrenewable resource found primarily in the Earth's crust, predominantly as minerals such as hematite, magnetite, and goethite. These minerals contain metal iron, which is an essential component of steel, a versatile material with numerous industrial applications. Steel is used extensively in construction, manufacturing cars, and producing various appliances. Sedimentary rocks, including iron-rich formations, are the primary sources of iron ore. The mining and processing of iron ore involve extracting the ore from the ground and separating the iron minerals from other impurities. The resulting iron ore is then smelted to produce molten iron, which is used to create steel. Other elements, such as tungsten, manganese, nickel, vanadium, and chromium, are often found in iron ore deposits and can be extracted as by-products. The demand for iron ore is driven by the need for steel in various industries, including construction, automotive manufacturing, and residential and commercial building projects. Steel is used to create frames, panels, doors, engine blocks, gears, suspensions, and other components for cars, as well as hot-rolled steel for construction purposes. Market Overview Iron ore is a crucial nonrenewable resource found in the Earth's crust, primarily in the form of minerals such as Hematite, Magnetite, Goethite, Limonite, Siderite, and others. These minerals contain iron compounds that are essential for producing steel, a key material for construction, automotive industry, transportation, and various industrial applications. Iron ore comes in different forms, including lumps, pellets, and fines. Mining practices extract this resource from deposits, often located in sedimentary rocks or irregular iron nodules. The mining process involves equipment expenditures and can lead to environmental problems, such as waste materials, tailings, acid mine drainage, and airborne dust. Steel, derived from iron ore, is used in various industries, including building, car manufacturing, infrastructure, and more. It is a vital component in car bodies, trucks, and vehicles, contributing to their durability and strength. The automotive industry and transportation sector heavily rely on iron ore for fuel-efficient and environmentally friendly vehicles. Iron ore is also used in various industrial applications, such as pigment iron for paints, structural steel for buildings, bridges, and infrastructure, and in various manufacturing processes. Additionally, iron ore is used in the production of various other materials, such as tungsten, manganese, nickel, vanadium, and chromium. The demand for iron ore is high due to its extensive use in various industries. Consumers, including the construction, automotive, and manufacturing sectors, drive the market for iron ore. The mining and production of iron ore involve various processes, including sintering, pelletizing, and smelting, using equipment such as sinter facilities, blast furnaces, and steel mills. The iron and steel industry is a significant contributor to CO2 emissions, making it essential to focus on energy efficiency and the use of renewable energy sources. The industry is also exploring the use of hydrogen gas, steam oxidation, and other cleaner production methods to reduce its environmental footprint. Iron ore is used in various industries, including oil drilling rigs, catalyst industries, hydrogen gas production, and even in the production of iron oxide-based paints, UV radiation absorbers, and various consumer products like packaged food items and beverages. It is also used as a shield against radiation, in healing stones, and as gems. The mining and production of iron ore involve various challenges, including the handling of heavy media separation, ballast, and impurities. Foundries use iron ore in various manufacturing purposes, while energy storage and iron catalyst industries use it in their processes. Sinter plants and blast furnaces are essential components in the production of lump iron ore and iron ore fines, which are used in steel mills for manufacturing purposes. In conclusion, iron ore is a vital resource with extensive applications in various industries, from construction and automotive to manufacturing and consumer goods. Its production and use involve various processes, challenges, and environmental considerations. The industry's focus on productivity, energy efficiency, and the use of renewable energy sources will continue to shape its future. Start exploring market insights by Download a FREE Sample Report in minutes! Key Topics Covered: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Venodr Landscape 11 Vendor Analysis 11.1 Anglo American; 11.2 Ansteel Group Corporation Limited 11.3 ArcelorMittal 11.4 BHP 11.5 Cleveland-Cliffs Inc. 11.6 EVRAZ plc 11.7 Fortescue Metals Group Ltd 11.8 HBIS Group 11.9 LKAB 11.10 Metalloinvest MC LLC 11.11 Rio Tinto 11.12 Vale 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia: https://www.prnewswire.com/news-releases/iron-ore-market-89-of-growth-to-originate-from-apac-with-ai-driving-market-transformation---technavio-302327597.html SOURCE Technavio
NEW YORK , Dec. 11, 2024 /PRNewswire/ -- Report on how AI is driving market transformation - The global debt collection software market size is estimated to grow by USD 2.31 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 8.92% during the forecast period. Rise in non-performing loans (npls) is driving market growth, with a trend towards integration of advanced technologies in debt collection software. However, high cost of debt collection software poses a challenge. Key market players include AgreeYa Solutions Inc., Analog Legalhub Technology Solutions Pvt. Ltd., CDS Software, Chetu Inc., Comtech Systems Inc., Comtronic Systems LLC, DAKCS Software Systems Inc., Debt Pay Inc., DebtCol Software Pty. Ltd., Debtrak, Experian Plc, ezyCollect Pty. Ltd., Fair Isaac Corp., Fidelity National Information Services Inc., Gaviti Akyl Ltd., Indigo Cloud Ltd., MarketXpander Services Pvt. Ltd., Nestack Technologies Pvt. Ltd., PDCflow, PrimeSoft Solutions Inc., Quantrax Corp. Inc., Radixweb, receeve GmbH, Sila Inc., Totality Software Inc., A4dable Software, Ameyo Pvt Ltd., DBA PaySimple Inc., Simplicity Collection Software, Constellation Software Inc.; CGI Group Inc.; TransUnion; Nucleus Software Exports Ltd.; Pegasystems Inc.; Temenos Group AG; PAIR Finance; Credgenics AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View Free Sample Report PDF Key Market Trends Fueling Growth The Debt Collection Software market is witnessing significant trends, including automation, multichannel communication, and affordability for organizations of all sizes. Large enterprises segment seeks economies of scale through deployment of advanced debt collection solutions. Services and solutions segments dominate, offering debt collection services and modern applications for effective loan recovery. Implementation of debt collection software involves business-specific needs, training, and implementation work. Legacy systems are being replaced with modern applications for productivity and effective debt recovery. Borrower data, overdue invoice reminders, phone calls, and online payment collection are essential components of the debt collection ecosystem. Banks and financial organizations prioritize debt collection journeys and money collection process, addressing complexities through automation, notifications, alerts, and compliance with consumer protection laws and debt collection regulations. Costs, bankruptcy status, and litigious consumers pose challenges. InterProse Corporation's InterProse ACE offers debt collection software for government organizations, with components including text messaging, voice mail drops, dialers, and compliance with debt collection regulations. Deployment options include on-premises and cloud-based, catering to enterprise size. The debt collection software market is undergoing a transformation through the integration of advanced technologies such as artificial intelligence (AI), machine learning (ML), and data analytics. These technologies are streamlining debt collection processes by enhancing decision-making capabilities, automating repetitive tasks, and improving overall efficiency. AI specifically, is revolutionizing the financial industry by enabling automated decision-making processes, predictive analytics, and personalized customer interactions. For instance, AI algorithms analyze historical debtor data to forecast payment behaviors and suggest tailored collection strategies, resulting in more effective interventions. This technological integration is a game-changer for the debt collection industry. Insights on how AI is driving innovation, efficiency, and market growth- Request Sample! • The Debt Collection Software market faces challenges in automating debt collection processes for organizations, particularly in the large enterprises segment. Affordability and economies of scale are key considerations, as debt collection software solutions must effectively meet business-specific needs without straining budgets. Automation of loan recovery processes, online payment collection, and multichannel communication are essential for productivity and effective debt recovery. Services and solutions segments offer debt collection services and deployment of software for organizations. Debt collection journeys include overdue invoice reminders, phone calls, text messaging, voice mail drops, and dialers. Borrower data, debt collection regulations, bankruptcy status, and litigious consumers add complexities to the debt collection ecosystem. InterProse Corporation's InterProse ACE software addresses these challenges with automatic monitoring, notifications, and alerts. Deployment options include on-premises and cloud-based solutions, catering to various enterprise sizes. Training and implementation work are crucial for successful deployment and integration with core business systems, such as legacy systems and modern applications. Consumer protection laws and debt collection regulations must be adhered to, ensuring compliance and effective debt collection. Costs, productivity, and effective debt recovery are the primary objectives for financial and banking organizations. The debt collection software market continues to evolve, providing innovative solutions to streamline the money collection process. • The debt collection software market is facing a significant challenge due to the high cost of the software. This issue poses a barrier for smaller debt collection agencies and businesses with limited financial resources, potentially reducing competition and increasing prices for consumers. The average cost of the software ranges from USD480 to USD1200 yearly per user, with enterprise solutions costing more based on specific requirements. This high expense can hinder market growth and limit access to effective debt collection solutions for many organizations. Insights into how AI is reshaping industries and driving growth- Download a Sample Report This debt collection software market report extensively covers market segmentation by 1.1 On-premises 1.2 Cloud-based 2.1 Small and medium enterprises 2.2 Large enterprises 3.1 North America 3.2 Europe 3.3 APAC 3.4 South America 3.5 Middle East and Africa 1.1 On-premises- On-premises debt collection software solutions hold a substantial position in the global debt collection software market, addressing the demands of businesses that value internal infrastructure management, data security, and customizability. These software solutions are installed and operated within an organization's premises, granting users a significant degree of autonomy over their debt collection operations. Large enterprises, particularly those in regulated industries like finance and healthcare, prefer on-premises debt collection software to safeguard sensitive debtor information and adhere to stringent data privacy regulations. Companies such as DAKCS Software Systems Inc. (DAKCS) provide tailored on-premises debt collection solutions, catering to the unique security and regulatory needs of large enterprises. This level of customization is particularly appealing to complex debt collection operations within large enterprises. On-premises debt collection software enables organizations to maintain full control over their data and operations, which is essential for large enterprises adhering to strict IT policies and security protocols. Providers like CDS Software offer extensive on-premises debt collection software, empowering large enterprises to manage their debt collection processes while ensuring data security and integrity. The need for direct control over data and operations, combined with the ability to customize software to align with specific business processes, is expected to fuel the growth of the on-premises segment in the global debt collection software market. Download complimentary Sample Report to gain insights into AI's impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2018 - 2022) The Debt Collection Software market is witnessing significant growth due to the automation of debt collection processes, providing large enterprises with economies of scale and affordability. This market caters to both services and solutions segments, offering debt collection services and software solutions to organizations. The deployment of debt collection software streamlines the loan recovery process, enabling effective communication through multichannel methods. Borrower data management is crucial, and these systems provide features like overdue invoice reminders, phone calls, and online payment collection. Banking and financial organizations benefit greatly from these solutions, increasing productivity and improving the effectiveness of debt recovery. However, implementing debt collection software comes with complexities, including business-specific needs, training, and implementation work. Legacy systems and modern applications must be considered during strategy development. The debt collection ecosystem requires a well-thought-out plan for successful implementation. The Debt Collection Software market is witnessing significant growth due to the automation of debt collection processes, which helps organizations streamline their loan recovery process and improve productivity. The large enterprises segment is a major contributor to the market's growth, as they can leverage economies of scale and affordability. The market offers both solutions and services segments, with debt collection services being a popular choice for organizations seeking expert assistance in managing their debt collection journeys. The deployment of debt collection software involves careful strategy and implementation, taking into account business-specific needs and the complexities of the debt collection ecosystem. Modern applications replace legacy systems, offering online payment collection, overdue invoice reminders, and multichannel communication options like phone calls, text messaging, voice mail drops, and dialers. Implementation work includes training and adherence to debt collection regulations, consumer protection laws, bankruptcy status, and litigious consumers. The market caters to banking organizations, financial institutions, government organizations, and other entities, providing effective debt recovery and cost savings through automatic monitoring, notifications, and alerts. 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation Deployment On-premises Cloud-based Industry Application Small And Medium Enterprises Large Enterprises Geography North America Europe APAC South America Middle East And Africa Component Enterprise size End-user 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/ SOURCE TechnavioTrump’s Cabinet And Key Jobs: David Fink, Aaron Reitz And Chad Mizelle Among Latest Nominees
Clement believes Rangers can pile more pressure on Postecoglou in Europa League Battle of Britain By STEPHEN MCGOWAN Published: 22:30, 8 December 2024 | Updated: 22:30, 8 December 2024 e-mail 13 shares View comments Philippe Clement believes Rangers can pile more problems on Ange Postecoglou ’s Tottenham Hotspur in the Europa League Battle of Britain. Goals from Hamza Igamane, Danilo and captain James Tavernier secured a comfortable 3-0 win over Ross County in Dingwall and made it four wins on the bounce for the Ibrox side. Narrowing the gap on second-place Aberdeen to two points — with a game in hand — Clement and his team warmed up for a testing double-header against Spurs and the Premier Sports Cup final against Celtic . Victory at Ibrox on Thursday would enhance hopes of securing a top-eight finish in the new-look Europa League. And, despite flagging up the financial gulf between the sides, Clement believes his team can ramp up the pressure on former Celtic boss Postecoglou after they surrendered a two-goal lead to lose 4-3 to Chelsea . ‘You can give every team a contest,’ said the Belgian. ‘My teams did it in the past against really big teams. Philippe Clement says Rangers can give Spurs a contest in this week's Europa League clash Hamza Igamane celebrates with Ianis Hagi after scoring in a 3-0 victory over Ross County James Tavernier enjoys the moment after completing the scoring for Rangers in Dingwall ‘I believe in this team that there’s a lot of quality and this is just the start of something with the squad. ‘There’s a lot of potential in the squad if we can keep on working in this way and they keep focused in that way. 'So, for them, it’s also a really big test against Tottenham to see where we are at that level. ‘So, I’m really looking forward to that, like I was in the past with other teams playing against much bigger teams.’ Despite starting recent games, goalscorer Danilo and Romanian midfielder Ianis Hagi don’t feature in Clement’s European squad and will miss out on Thursday. Both will be kept in reserve for the first Hampden final of the season against Celtic, with Clement reluctant to look beyond a huge step up in quality against Tottenham. ‘You can start talking about other games or the other game after Thursday. Now, everything is on Thursday,’ he added. ‘It’s against a team that’s out of our league normally, financially for sure. So, it’s the kind of game you only have things to win. 'It’s a little bit different situation than the normal games we have, but we’re going to fight. It’s really interesting in that way to see also with the squads what they can do at that level.’ Outplaying a Ross County side which had won four of their five home games this season, Clement was pleased with the control his team exercised and feels his players are finally starting to gel ahead of a critical week. ‘A very clear victory,’ added Clement. ‘That’s not easy in this place and with the reputation they have this season and already last season with this manager, so well deserved. Three really good goals. ‘We could have scored more. We had several really good attacks also with a few good saves of the goalkeeper. Our finishing is getting better, more shots on target. ‘You see the development of the team week by week, what we’ve been working on. You see that things are starting to gel together better and better, what is a normal process.’ Shaken by a stunning early strike from the clinical Igamane, County were starting to build their way back into the game when stand-in keeper Jack Hamilton — deputising for the injured Ross Laidlaw — took a heavy touch from a pass-back and allowed Danilo to capitalise on a big mistake. ‘Jack is disappointed in terms of the manner of the goal. But I don’t think that was the reason we lost the game,’ said County boss Don Cowie. ‘I think he played really well, apart from that one moment. And so we’re not going to get too caught up in it.’ Share or comment on this article: Clement believes Rangers can pile more pressure on Postecoglou in Europa League Battle of Britain e-mail 13 shares Add comment
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