Stock market today: Wall Street hits records despite tariff talk
7s duo brave floodwaters They took the risk, but it was worth it as 7s sensation and one of the in-form players on the HSBC SVNS WRSS circuit Joji Nasova and upcoming 7s star Iliavi Masori showed great dedication, braving floodwaters to join the national 7s camp in Suva after spending the festive season with their loved ones. The duo left their village in Toge, Ba, on Thursday night despite the heavy rain. They also crossed two flooded bridges to reach the capital at 3am on Friday morning. After resting for a few hours, they headed to their training session. Nasova, after hitting headlines with the Dominion Brothers club, was impressive for the 7s team in Dubai and Cape Town with his explosive runs, try-scoring prowess and the ability to break tackles and make hard-hitting tackles. He debuted for the 7s team at the HSBC Hong Kong 7s and climbed up the ranks quickly with his sublime performance that earned the new kid on the block his first Olympic Games and a silver medal with the 7s team. He struggled and worked hard while growing up, seeing his dream of donning the 7s jumper coming true. Masori, on the other hand, is also living his dream as he rejoined the 7s team. The soft-spoken Masori has maintained commitment and determination throughout his rugby career, overcoming challenges, especially injuries. Both Masori and Nasova are assets to the 7s team. Rajnesh Ishwar Lingam, Nadawa, Nasinu Who will it be? I wonder who will snag the 2024 Letter of the Year. Many thought-provoking and impactful letters have been penned by various contributors in The Fiji Times column this year. While the regulars have continued to raise awareness on numerous matters of national significance, a few budding writers have emerged during the year and embraced the noble idea of sharing their bold assertions via the letters platform. Welcome aboard. So who will it be? A local or perhaps an overseas based contributor? Or possibly that Australian-based expert (not the rugby 7s critic) who always seems to have something insightful to say on almost every subject? He can never be proven incorrect. With every contributor’s ability to engage readers and spark broader deliberations and debates, it will certainly be intriguing to know who ultimately clinches the top reward for this year. Good luck and continue writing! Nishant Singh (Winner 2022), Lautoka Christmas tree I hope the Christmas tree put up at Nausori roundabout was not put up just for the “sake of it”. Let’s hope relevant authorities at Nausori town come up with a decorative Christmas tree come next Christmas. Finally, the tree was taken down on Saturday. I hope the taken down tree does reproduce because definitely it won’t look like a Christmas tree. Shamal Chand , Kuku Village, Nausori Land buyback scheme I humbly request that the Prime Minister Mr Sitiveni Rabuka take some time off from his busy schedule to review the land buyback scheme that his former SVT government executed in 1993. It seems some of the lands were not returned to their rightful traditional owners as was the aim of the scheme and warrants an investigation. Of concern is the Mua Estate agricultural freehold which has been returned to the yavusa Wainikeli instead of the mataqali Savuna of Naselesele Village on Taveuni. No land law in Fiji can be justified if it has no moral basis by denying the rightful and original traditional owners the rights to their land. I believe the Prime Minister is very much responsible for correcting the anomalies of the buyback scheme implemented by his former SVT government. Sakaraia Vuki, Sydney, Australia ‘Protect vulnerable’ Minister Sashi Kiran says look after the vulnerable in evacuation centres during natural disasters because “they were a group that needed the most attention” (ST 29/12). Isn’t the newly-promoted minister stating the obvious? It sounds like a cliched call. Another group that needs attention — in normal times — is the parliamentarians who duly gave themselves a hefty pay rise. Minister Kiran was part of that group of parliamentarians. Voters, I am sure they will remember that when they go to the next polls. Rajend Naidu, Sydney, Australia Education system To improve, the minister should introduce lecture based teaching and learning facilitated by tutorials, have compulsory agricultural science in all schools, cater for new subjects such as finance, hospitality, and tourism to name a few. Separate physical education from music and art and craft. Have a mentoring program for young teachers, employ relieving teachers to accommodate teachers who are absent for any reason, review the duration of the terms which can result in burnout. Establish a training institution for administrators, head of departments, and assistant teachers. Use modern technology and methods, have sister and brother attachment schools to observe ones strengths and weaknesses in comparison with high performing schools. Recognise the importance of former scholars and parents, guardians and teachers’ associations. Have motivational speakers internally or externally and have a very effective rewards system for all stakeholders. Asish Vinay Prasad, Raiwasa, Suva Eye-in-sky report The advent of AI (Artificial Intelligence) has brought about a revolution in the world of communication and a whole new perception has emerged. I visualise Santa Claus with his sledge as our eye-in-sky reporting on the events of 2024. Thus his AI powered sledge slides through the sky and gives the following report: His journey begins on the Tibetan Plateau and he sees: Let’s thank Santa Claus for this brief report from the sky and let’s pray things will be better next year. Dewan Chand, Namadi Heights, Suva Household rubbish The piles of household rubbish dumped at Uci Rd roundabout in Kalabau Housing (Eye Witness ST 29/12), is a clear indication that the modern “throw away” society has arrived in a big way in the island paradise Fiji. In Australia that is a permanent part of the landscape. Rajend Naidu, Sydney, Australia Health budget How is it that the Government saved $68,700,000 and Savusavu Hospital’s X-ray machine and other essential, or, critical equipment needed for the proper diagnosis of patients is still either in need of replacement or in dire need of maintenance! Noleen Billings, Savusavu New year’s realisation Instead of a new year’s resolution, some of us need to have a new year’s realisation. Sobo! Wise Muavono , Balawa, Lautoka Happy new year While celebrating well blessed new year 2025 with whatever activities with friends, relatives and neighbours let’s take extreme care to avoid accidents. Drink and drive don’t mix. Welcome 2025 with new resolutions, new challenges for better and well blessed Fiji for our future generations. Tahir Ali, Hamilton, New Zealand What legacy Kiran pledges to build on Tabuya’s legacy (FT 28/12). What legacy is that? Tabuya just got sacked by Prime Minster Rabuka because her antics rendered her unfit to remain a minister in his government. There is nothing for the new minister to build. Just do your job. The people of Fiji don’t expect you to reinvent the wheel! Rajend Naidu, Sydney, Australia True character During the past two election campaigns the leader of NFP was sitting at the same tables and working together with the leaders of the Fiji Labour Party and the Unity Fiji Party and other parties in order to unseat the previous government. Now that NFP is part of a Coalition Government directly as a result of the 2013 Constitution, the leader of the NFP has suddenly got reasons to say some very nasty things about the leaders of FLP and Unity Fiji Party. Jan Nissar, Sydney, Australia
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(Reuters) – Photoshop maker Adobe forecast fiscal 2025 revenue below Wall Street estimates on Wednesday, indicating the company’s investments to weave AI into its software applications were taking longer to bear fruit. Shares of the San Jose, California-based company fell over 8% in extended trading. The company forecast revenue between $23.30 billion and $23.55 billion compared with estimates of $23.78 billion, according to data compiled by LSEG. Adobe expects headwind of around $200 million to its fiscal 2025 revenue as a result of foreign exchange volatility and the company’s shift towards subscriptions. The company is making significant investments in AI-driven image and video generation technologies in response to the growing competition from well-capitalized startups such as Stability AI and Midjourney. While Adobe projected strong growth for the second half of the year in June, its forecast on Wednesday indicated the company was still struggling to monetize its AI push. The company forecast first-quarter revenue between $5.63 billion and $5.68 billion, below estimates of $5.73 billion. (Reporting by Kritika Lamba and Zaheer Kachwala in Bengaluru; Editing by Krishna Chandra Eluri) Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibility for its content. var ytflag = 0;var myListener = function() {document.removeEventListener('mousemove', myListener, false);lazyloadmyframes();};document.addEventListener('mousemove', myListener, false);window.addEventListener('scroll', function() {if (ytflag == 0) {lazyloadmyframes();ytflag = 1;}});function lazyloadmyframes() {var ytv = document.getElementsByClassName("klazyiframe");for (var i = 0; i < ytv.length; i++) {ytv[i].src = ytv[i].getAttribute('data-src');}} Save my name, email, and website in this browser for the next time I comment. Δ document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() );New York Emerging Technology Advisory Board Publishes First Report Outlining Vision to Elevate Leadership in AI
BOZEMAN, Mont. (AP) — Adam Jones ran for 197 yards and two touchdowns and Montana State ran over Montana 34-11 on Saturday to reclaim the Brawl of the Wild trophy. The Bobcats (12-0, 8-0 Big Sky Conference) wrapped up the 123rd meeting in this rivalry with 420 yards, 326 on the ground. Montana State capped its first unbeaten season and can match the school record for consecutive wins with a playoff win in two weeks. The Bobcats, ranked second in the FCS coaches poll, should be the top seed in the playoffs after top-ranked North Dakota State lost its finale to fifth-ranked South Dakota. Montana (8-4, 5-3), ranked 10th, is expected to add to its record 27 FCS playoff appearances but will not have a first-round bye in the 24-team bracket. Montana State quarterback Tommy Mellott was 6-of-12 passing for 94 yards with a touchdown in poor conditions and added 50 yards and a touchdown on the ground. He has helped the Bobcats score at least 30 points in every game this season Mellott had a 5-yard touchdown run on MSU's first possession and Mellott found Jones for a 35-yard touchdown early in the second quarter for a 14-3 lead. Myles Sansted had two field goals in the final two minutes, including a 49-yarder as time expired for a 20-3 halftime lead. Jones dominated the second half and scored two short touchdowns. Eli Gillman scored on a 1-yard run for Montana's touchdown between the Jones' touchdowns. The Grizzlies had just 234 yards and went 2 of 12 on third down. AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football . Sign up for the AP’s college football newsletter: https://apnews.com/cfbtop25
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The report builds on Governor Kathy Hochul's efforts to advance New York's global reputation as the place where businesses come to grow, innovate, and create the future of emerging technologies. NEW YORK , Dec. 12, 2024 /PRNewswire/ -- (NYSE: IBM ) – The Emerging Technology Advisory Board (ETAB) today released its first report to elevate New York as an AI leader. The report provided recommendations to bolster the State's commitment to responsible development and implementation of AI. First introduced by Governor Kathy Hochul in June 2024 , the ETAB was established as an independent advisory board to chart the course for a thriving emerging technology ecosystem in New York State . The Advisory Board is co-chaired by IBM Chief Executive Officer Arvind Krishna and Girls Who Code Chief Executive Officer Dr. Tarika Barrett and is comprised of leaders from the private sector and nonprofit and foundation organizations. With input from over 40 external stakeholders and experts, the report details how New York is well-positioned to be at the forefront of AI advancement. This includes leveraging its robust economy, extensive tech talent pool, academic excellence, legacy for innovation, and groundbreaking investments in AI and AI-adjacent industries. In reviewing the state's current landscape, the Advisory Board also identified potential challenges, such as ensuring the workforce is equipped with the skills and resources necessary to succeed in the age of AI. The ETAB took a deeper look at how these challenges could impact New York organizations and communities – and, based on these insights, proposed three ambitions for the State of New York : Guided by these ambitions, the report sets forth nine recommendations – each backed by a thorough framework and next steps – designed to foster public-private partnerships and balance priorities of timely impact and sufficient scale necessary to help drive responsible AI adoption in New York . " New York State is furthering its legacy of innovation and invention for the rest of the world to follow, setting a standard of greatness – and we've only just begun," Governor Hochul said. "Since the beginning of my administration I have been laser-focused on bringing good paying jobs to this state, which is why we need ethical and responsible AI that improves the lives of all New Yorkers and delivers accessible, equitable and future proof jobs with it. I want to thank the members of the Emerging Technology Advisory Board, who took the time to form these recommendations. I look forward to reviewing the report and to working with experts and stakeholders from every sector as we forge an equitable and dynamic future for AI in New York ." "The Emerging Technology Advisory Board has delivered on its first goal to provide a blueprint that positions New York as a frontrunner in trustworthy AI," said Arvind Krishna . "This comprehensive set of recommendations will help drive an innovative AI ecosystem, ensure responsible AI deployment at scale, foster a resilient workforce, and empower all New Yorkers with equitable access to the benefits of AI." "The recommendations of the Emerging Technology Advisory Board reflect a collective effort to ensure that the advancement of artificial intelligence benefits industries and workers across New York ," said Tarika Barrett . "These comprehensive proposals aim not only to foster economic growth and innovation but also to uphold our commitment to a technological future that mirrors the diversity and values of our communities." As the Emerging Technology Advisory Board shares its recommendations with the State of New York , it underscores the joint effort, commitment and close collaboration it will take between the State's leadership, Advisory Board institutions, private sector, nonprofit organizations, philanthropic organizations, thought leaders and advocates to fortify New York as an innovation hub for future technologies. Read the full report here . About IBM IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. More than 4,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM's long-standing commitment to trust, transparency, responsibility, inclusivity and service. Visit www.ibm.com for more information. About Girls Who Code Girls Who Code is an international nonprofit organization working to close the gender gap in technology, and is leading the movement to inspire, educate, and equip students who identify as girls or nonbinary with the computing skills needed to pursue 21st century opportunities. Since launching in 2012, Girls Who Code has reached 670,000 students through our in-person and virtual programming, and 218,000 of our alumni are college or career-aged. Girls Who Code has sparked culture change through marketing campaigns and advocacy efforts, generating 14 Billion engagements globally. In 2019, the organization was named the #1 Most Innovative Non-Profit on Fast Company's Most Innovative Companies list, and in 2023 was named one of Fast Company's Brands That Matter. The organization was also named one of NonProfit Times' Best Nonprofits to Work For in 2022 and 2023. Media Contact Caitlin O'Neill , IBM Corporate Communications caitlin.oneill@ibm.com View original content to download multimedia: https://www.prnewswire.com/news-releases/new-york-emerging-technology-advisory-board-publishes-first-report-outlining-vision-to-elevate-leadership-in-ai-302330851.html SOURCE IBM
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FrankRamspott/E+ via Getty Images Despite slowing sharply over the last quarter or so, India remains the fastest-growing major economy. More importantly, for investors, earnings growth also remains among the fastest in the world. Yes, the +32% earnings growth of last year has Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.LOUISVILLE, Ky. (AP) — Louisville has approved a five-year contract extension through June 2030 for athletic director Josh Heird, whose 2 1/2-year tenure has included the hirings of two men’s basketball coaches and football coach Jeff Brohm. The university’s Board of Trustees on Thursday authorized President Kim Schatzel to execute the deal, three days after the University of Louisville Athletic Association board approved the agreement. Heird was named interim AD in December 2021 before being elevated to the full-time job the following June. Schatzel said in a release that the extension signals the school’s faith in Heird and added, “He is the right person and right leader” to take the athletic program forward to a bright future. Several significant personnel moves marked Heird’s initial tenure. He fired basketball coach Chris Mack in January 2022 and subsequently hired former Cardinals player Kenny Payne two months later. Heird fired Payne last March after two historically bad seasons and replaced him with Pat Kelsey on March 28. Heird also hired ex-Louisville quarterback and assistant Brohm in December 2022. The Cardinals won 10 games to reach the ACC championship game for the first time last season and are headed for a second consecutive postseason under the Louisville native with a berth in the Sun Bowl on Dec. 31 in El Paso, Texas. Heird has also extended contracts for women’s basketball coach Jeff Walz, volleyball coach Dani Busboom-Kelly and baseball coach Dan McDonnell. The AD’s other achievements include a $41 million naming rights deal for the Cardinal Stadium football field along with a $4 million club renovation. He also secured a $1 million donation to enhance Louisville's Jim Patterson Stadium baseball field. Heird also serves on the NCAA women’s basketball selection committee. AP sports: https://apnews.com/hub/apf-sports and https://twitter.com/AP_Sports
NEW YORK — Federal investigators in New York are seeking records from the manufacturer of an AI-powered weapons scanner that was briefly deployed this summer in New York City’s subway system. The tech company, Evolv, revealed in a public filing that it “received a voluntary document request from the U.S. Attorney’s Office of the Southern District of New York” on Nov. 1. It was unclear what the request was seeking. The U.S. Attorney’s Office in Manhattan declined to comment on the request, which was first reported by the Daily News. In an emailed statement, a spokesperson for Evolv said the company was “pleased to cooperate with all government agencies and regulators who request information from our company.” The Massachusetts-based tech company, whose scanners have also been used at sports stadiums and schools, has faced allegations of misconduct. Last month, Evolv’s board of directors fired its chief executive following an internal investigation that found certain sales had been “subject to extra-contractual terms and conditions.” On Tuesday, the company announced it had resolved a previous probe launched by the Federal Trade Commission last year over allegations of deceptive marketing practices. The company is also under separate investigation by the Securities and Exchange Commission. Despite the legal and regulatory scrutiny, New York City Mayor Eric Adams announced a pilot program this summer to bring a handful of scanners to the city’s subways to deter gun violence. The initiative drew immediate criticism from civil liberties groups who said the searches were unconstitutional, along with questions about its efficacy. In October, the city revealed the scanners did not detect any passengers with firearms — but falsely alerted more than 100 times. At the time, a spokesperson for the New York Police Department said it was still “evaluating the outcome of the pilot” and had not entered into any contract with Evolv.ORLANDO, Fla. — Next time Iowa State plays football, it will be in Dublin, Ireland. Saturday’s 42-41 Pop-Tarts Bowl win against Miami signaled the end of Iowa State’s first 11-win season. And at the rate modern college football moves with the transfer portal and NIL, the smart teams have already been thinking about the 2025 season. Here are the three biggest questions facing Iowa State ahead of that Aug. 3, 2025 game against Kansas State in Ireland. 5 takeaways from Iowa State vs Miami: Carson Hansen positions himself to be lead back in 2025 Iowa State woke up Sunday with a massive hole in its production. Senior receivers Jaylin Noel and Jayden Higgins combined for 2,377 receiving yards this season. The other 17 players who caught a pass this season combined for 1,203. Iowa State wide receiver Jaylin Noel (13) runs after a reception before he is tackled by Miami defensive back Zaquan Patterson (20) during the the Pop Tarts Bowl Saturday in Orlando. JOHN RAOUX, ASSOCIATED PRESS We know how the Cyclones will try to replace the duo. On Dec. 14, ISU landed a commitment from sophomore Eastern Carolina receiver Chase Sowell and three days later one from former UCF receiver Xavier Townsend. A funny coincidence is Sowell stands 6-foot-4, the same height as Higgins, while Townsend is listed at 5-foot-11, identical to Noel. Next season, Iowa State should also look to the tight end position to fill some lost production. Ben Brahmer’s sophomore season essentially ended in November after he suffered a leg injury against UCF. He caught 10 passes for 179 yards and a touchdown. How Iowa State orchestrated a comeback against Miami in the Pop-Tarts Bowl Sophomore tight end Gabe Burkle saw a leap in his production after Brahmer got hurt. Burkle finished the season with five catches against Arizona State in the Big 12 Championship and four against Miami, including a leaping touchdown catch in the first quarter. Burkle and Brahmer finished as the third and fourth leading receivers behind Noel and Higgins. Although the winter transfer portal window for underclassmen closed Saturday, there could still be Cyclones who enter. Every player on a team in the postseason has an additional five days after the season ends to enter the portal. No Iowa State opt-outs were reported leading up to the Pop-Tarts Bowl, but NFL Draft prospects Higgins and defensive back Darien Porter both chose not to play. Don’t be surprised if there are some Cyclones who enter the portal between now and the Thursday deadline. That’s not particularly an indictment on ISU’s program or culture, just the reality of modern college football. Derek Hoodjer is ISU’s assistant AD for player personnel. He is in charge of building ISU’s roster and navigating the portal. After the Pop-Tarts Bowl, Hoodjer celebrated with players on the field and made sure Noel got to lift the bowl trophy after his postgame press conference. Hoodjer is going to be the busiest person in Ames for the next couple weeks. Beau Freyler's Iowa State teammates made sure he celebrated last game from the Pop-Tarts Bowl stage Iowa State rode its defense until wheels fell off. The tires might still be discarded in a corner of AT&T Stadium after Arizona State ran all over the Cyclones in a 45-19 win. Iowa State defensive lineman J.R. Singleton (58) and wide receiver Jaylin Noel hold up the championship trophy after winning the Pop Tarts Bowl on Saturday against Miami in Orlando. John Raoux, Associated Press Miami quarterback Cam Ward threw for three touchdowns in the first half of the Pop-Tarts Bowl before sitting out the second half to preserve his NFL Draft stock. Credit to the ISU defense, it forced a punt and interception on Miami’s final two possessions to lead to a win. Rampant injuries made every defensive effort this season a patchwork attempt. Through the first 10 games, ISU averaged 6.4 key defensive players sidelined . The Cyclones injury luck can't be worse next season, right? That’s probably true, but graduation is still going to cost ISU several key pieces. Safety Beau Freyler is the “nucleus” of Iowa State’s team and played his last game Saturday. Darien Porter is a veteran in ISU’s secondary and top special teams contributor who opted out of the Miami game with NFL Draft hopes. redshirt senior J.R. Singleton led the team with four sacks and finished his career Saturday.
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