OneDigital Investment Advisors LLC acquired a new stake in shares of Lamar Advertising ( NASDAQ:LAMR – Free Report ) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,532 shares of the real estate investment trust’s stock, valued at approximately $205,000. Several other large investors have also recently made changes to their positions in LAMR. Massachusetts Financial Services Co. MA grew its stake in shares of Lamar Advertising by 81.3% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 937,440 shares of the real estate investment trust’s stock worth $112,052,000 after buying an additional 420,311 shares in the last quarter. Los Angeles Capital Management LLC purchased a new position in Lamar Advertising in the third quarter worth about $43,665,000. International Assets Investment Management LLC grew its position in Lamar Advertising by 49,140.4% in the third quarter. International Assets Investment Management LLC now owns 285,102 shares of the real estate investment trust’s stock worth $38,090,000 after acquiring an additional 284,523 shares in the last quarter. Asset Management One Co. Ltd. boosted its holdings in shares of Lamar Advertising by 42,096.3% in the 3rd quarter. Asset Management One Co. Ltd. now owns 126,167 shares of the real estate investment trust’s stock worth $16,856,000 after purchasing an additional 125,868 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. bought a new position in Lamar Advertising during the third quarter valued at $12,838,000. 93.78% of the stock is owned by institutional investors. Lamar Advertising Stock Up 0.8 % Shares of NASDAQ LAMR opened at $130.35 on Friday. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 2.48. The stock has a market capitalization of $13.34 billion, a PE ratio of 26.07 and a beta of 1.52. Lamar Advertising has a 12-month low of $97.54 and a 12-month high of $139.88. The stock’s fifty day simple moving average is $132.41 and its two-hundred day simple moving average is $123.73. Lamar Advertising Increases Dividend The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 18th were issued a $1.40 dividend. This is a positive change from Lamar Advertising’s previous quarterly dividend of $1.30. This represents a $5.60 annualized dividend and a yield of 4.30%. The ex-dividend date was Wednesday, September 18th. Lamar Advertising’s payout ratio is currently 112.00%. Analysts Set New Price Targets A number of research analysts have recently commented on LAMR shares. Wells Fargo & Company cut their target price on Lamar Advertising from $132.00 to $124.00 and set an “equal weight” rating on the stock in a research note on Monday, November 11th. StockNews.com cut Lamar Advertising from a “buy” rating to a “hold” rating in a report on Monday, November 11th. Morgan Stanley increased their price target on Lamar Advertising from $125.00 to $135.00 and gave the stock an “equal weight” rating in a research report on Monday, November 11th. TD Cowen lifted their price objective on Lamar Advertising from $142.00 to $160.00 and gave the company a “buy” rating in a report on Monday, November 11th. Finally, JPMorgan Chase & Co. increased their target price on shares of Lamar Advertising from $117.00 to $121.00 and gave the stock a “neutral” rating in a report on Wednesday, July 31st. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat, Lamar Advertising currently has an average rating of “Hold” and an average target price of $132.40. Read Our Latest Research Report on Lamar Advertising Lamar Advertising Profile ( Free Report ) Lamar Advertising Company operates as an outdoor advertising company in the United States and Canada. The company owns and operates billboards, logo signs, and transit advertising displays, as well as rents space for advertising on billboards, buses, shelters, benches, logo plates, and in airport terminals. Recommended Stories Five stocks we like better than Lamar Advertising Differences Between Momentum Investing and Long Term Investing Vertiv’s Cool Tech Makes Its Stock Red-Hot What Are Dividend Challengers? MarketBeat Week in Review – 11/18 – 11/22 What Is WallStreetBets and What Stocks Are They Targeting? 2 Finance Stocks With Competitive Advantages You Can’t Ignore Want to see what other hedge funds are holding LAMR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lamar Advertising ( NASDAQ:LAMR – Free Report ). 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In an impressive rally, SoundHound AI is capturing the market’s attention. Despite a slight pullback, the stock remains up over 10% for the week, riding a massive wave of momentum over the last month. Remarkable Stock Performance SoundHound AI, a company focused on conversational AI solutions, has seen its shares triple recently, marking a staggering 780% increase year-to-date. Investors are buzzing about this under-the-radar AI giant. Why the Surge? A key driver of this surge was an optimistic report from a well-respected tech analyst on Wall Street. Wedbush’s Dan Ives stirred excitement by raising his price target for SoundHound shares from $10 to $22. He believes that the company is poised to expand significantly in the coming years, particularly through its growing market in 2025. Expanding Horizons Throughout 2024, SoundHound has consistently revised its revenue guidance upward, now anticipating revenue between $82 million and $85 million. By 2025, the company projects sales could reach $155 million to $175 million. The recent acquisition of enterprise AI software firm Amelia is a strategic move aiding its expansion into enterprise conversational AI markets, notably in healthcare. Balancing Risks and Opportunities Though SoundHound is not yet profitable, its innovative capabilities in AI suggest promising future potential. Investors should be cautious, however, as the stock’s current high valuation presents significant risk. The future of AI integration looks bright, with SoundHound poised as a major player in this tech revolution. SoundHound AI’s Astonishing Rise: A Look into the Future of Conversational AI SoundHound AI has recently become a focal point in the technological investment realm, capturing significant attention with its groundbreaking stock performance and strategic initiatives. Here’s a deeper dive into the factors contributing to its success and what could lie ahead for this burgeoning AI innovator. Incredible Stock Surge and Market Perception SoundHound AI has greatly impressed investors, with its shares tripling in a short span and seeing a remarkable 780% increase year-to-date. This surge underscores the market’s growing confidence in the company’s potential and its robust strategic planning. Behind the Rise: Analyst Insights and Market Optimism The surge in SoundHound’s stock is primarily credited to the forecast optimism expressed by Dan Ives, a well-regarded analyst from Wedbush. Ives’s increase of the price target from $10 to $22 has notably enhanced market sentiment, indicating significant growth prospects, especially as SoundHound aims to expand its market reach by 2025. Strategic Expansion Through Acquisitions and Revenue Growth SoundHound has been strategically steering itself into new domains by acquiring Amelia, an enterprise AI software firm. This move marks its venture into the lucrative enterprise conversational AI sector, with a particular emphasis on the healthcare industry. Further underscoring its growth trajectory is the upward revision of its revenue guidance for 2024, with predictions to hit up to $175 million in sales by 2025. Weighing the Risks: Profitability and Market Valuation Despite its impressive growth and innovative endeavors, SoundHound has yet to reach profitability, which poses a risk to investors due to its high market valuation. The potential of AI in transforming industries remains vast, and SoundHound is strategically positioned to be a significant contributor in this tech evolution. Innovations and Future Outlook As the landscape of conversational AI continues to develop, SoundHound is focused on harnessing its cutting-edge technology to carve out a competitive niche. Innovations and strategic partnerships are expected to bolster its presence in existing and new markets. Investors should keep an eye on how SoundHound balances its aggressive growth strategies with the financial discipline necessary for sustainable profitability. As AI integration becomes increasingly prevalent, SoundHound is set to remain a key player in the unfolding tech revolution. For more information on SoundHound and their products, visit their official website .
After his team's 102-89 home win on Wednesday night over Purdue Fort Wayne, Penn State coach Mike Rhoades challenged his team's fan base to show up and make more noise. "Sweat with us," he said at one point. At 5-0, the Nittany Lions haven't had to sweat much to get off to a fast start. They might not have to expend much perspiration to make it 6-0 on Monday when they meet Fordham in a semifinal matchup at the Sunshine Slam tournament in Daytona Beach, Fla. Penn State hasn't played a strong schedule so far, but the team has been impressive. It's averaging 98.2 points per game and 13.8 steals per game, both of which ranked second in Division I through Saturday's play. The Nittany Lions were seventh per kenpom.com in turnover rate, forcing 25.3 per 100 possessions. Point guard Ace Baldwin Jr. is leading the charge, scoring 16.4 points and dishing out 7.8 assists while chipping in 2.6 steals. Zach Hicks has nearly doubled his scoring average from 8.4 last season to 15.8 this season, while Northern Illinois transfer Yanic Konan Niederhauser has beefed up the interior, tallying 12.2 points and 7.2 rebounds. Meanwhile, Fordham (3-3) is coming off a 73-71 home loss Friday night against Drexel in New York. The Rams blew a seven-point lead early in the second half and missed a chance to force overtime when leading scorer Jackie Johnson III missed a layup as time expired. Johnson, a UNLV transfer, is averaging 19 points per game and is making nearly 48 percent of his shots as one of three Rams with double-figure scoring averages. Jahmere Tripp scores at an 11.0 clip while Japhet Medor is contributed 10.5, but Fordham is struggling to make shots, canning only 41.5 percent from the field. The Rams were picked for a 14th-place finish in the Atlantic 10 despite returning more scoring than any team in the league except for VCU. Third-year coach Keith Urgo thinks his team can defy low external expectations. "We're experienced and I think we're poised to have a tremendous year," he said. --Field Level MediaRBC Global Asset Management Inc. announces estimated December 2024 cash distributions for RBC ETFs and ETF Series of RBC Funds
Advanced AI has revolutionized data analysis and threat detection, but it’s also opened the door to new dangers. Now, a federal agency is helping confront these real and potential threats. The , part of the (NIST), recently introduced the Testing Risks of AI for National Security (TRAINS) Taskforce, charged with identifying and managing the emergent “national security and public safety implications of rapidly evolving AI technology.” The TRAINS Taskforce will be responsible for researching and testing AI models, focusing on several key areas of national security and public safety, including cybersecurity; critical infrastructure; radiological, chemical and biological security; and conventional military capabilities. “Every corner of the country is impacted by the rapid progress in AI, which is why establishing the TRAINS Taskforce is such an important step to unite our federal resources,” U.S. Secretary of Commerce Gina Raimondo said in a . The TRAINS Taskforce will include expertise from several federal agencies, including the Chief Digital and Artificial Intelligence Office and the National Security Agency at the Department of Defense; the Cybersecurity and Infrastructure Security Agency at the Department of Homeland Security; and the National Institutes of Health (NIH) at the Department of Health and Human Services. However, that membership is expected to expand across the federal government. The group will be chaired by the U.S. AI Safety Institute. The task force's objectives include creating new methods and benchmarks for evaluating AI technologies, and holding joint national security risk assessments and red-teaming exercises. These simulations will help identify weaknesses in AI systems before they can be exploited. “Enabling safe, secure, and trustworthy AI innovation is not just an economic priority — it's a public safety and national security imperative,” Raimondo said.None
Trump's threat to impose tariffs could raise prices for consumers, colliding with promise for relief
NoneMissed kicks. Poor tackling. Costly penalties. Week 12 was filled with sloppy play around the NFL, leading to some upsets and surprising outcomes. Jayden Daniels nearly led Washington to an improbable comeback down 10 in the final two minutes against Dallas only to fall short because Austin Seibert's extra point sailed wide left. After a field goal and successful onside kick, Daniels connected with Terry McLaurin on an 86-yard catch-and-run touchdown to bring the Commanders within one point with 21 seconds remaining. But Seibert's point-after attempt failed and the Cowboys returned the ensuing onside kick for a touchdown to seal a 34-26 victory. Special teams were atrocious for both teams. Seibert also missed his first extra point and Washington allowed KaVontae Turpin's 99-yard kickoff return for a score earlier in the fourth quarter. The Cowboys missed a field goal, had another blocked and had a punt blocked. "What a wild special teams moment of blocked punts, kicks, kickoff returns, blocked field goals, just a number of things going to that spot," Commanders coach Dan Quinn said. Washington (7-5) was a 10 1/2-point favorite over the undermanned Cowboys (4-7) but ended up losing a third straight game. The Houston Texans were 8-point favorites against the lowly Tennessee Titans and let the game come down to Ka'imi Fairbairn missing a 28-yard field goal that would have tied it with just under two minutes left. C.J. Stroud threw two interceptions, was sacked four times and the Texans (7-5) committed 11 penalties, including an illegal shift that negated a go-ahead 33-yard TD pass to Nico Collins on the drive that ended with Fairbairn's miss in the 32-27 loss. The Titans (3-8) averaged just 17 points per game before putting 32 on the scoreboard against Houston's defense that entered No. 4 in the league. "We didn't do anything well enough to win this game," Texans coach DeMeco Ryans said. "Out of all the positives that we did have, there were way too many negatives. Too many negative plays. Score, get a penalty, get touchdowns called back. Get penalties on special teams. Just way too many negative plays defensively, like unexplainable explosives for touchdowns. We just didn't play good across the board." The San Francisco 49ers didn't have quarterback Brock Purdy, star edge rusher Nick Bosa and All-Pro left tackle Trent Williams against Green Bay. That was no excuse for their undisciplined performance. The Niners committed nine penalties and their tackling was shoddy in a 38-10 loss to the Packers. The defending NFC champions are 5-6 with a trip to Buffalo (9-2) coming up. They're still only one game behind Seattle and Arizona in the NFC West. "I'm really not concerned right now about how many guys were missing. We didn't play good enough, so that's not a factor. But, when you are missing some guys, you do have to be better. When you have those penalties and we didn't stop the run like we did and we had those three turnovers in the second half, that's how you get embarrassed." Coming off their first loss of the season, the two-time defending Super Bowl champion Chiefs needed Patrick Mahomes' heroics on the final drive to beat Carolina 30-27. Mahomes ran 33 yards to set up Spencer Schrader's 31-yard field goal as time expired. Kansas City had 10 penalties, including a pass interference that gave the Panthers (3-8) another chance to make the 2-point conversion that tied the game with 1:46 remaining. On defense, the Chiefs (10-1) suddenly shaky unit gave up 334 total yards against Bryce Young and an offense that entered last in the NFL. "We've got to do better. We're doing good in the red zone but that's only a third of the field," Chiefs safety Bryan Cook said. "We will go back and look at the film to see what we're doing week to week, and see the tendencies that we're giving up, and just move forward from there. At the end of the day, we're all vets in the room for the most part. ... got to go back to the drawing board and see what we're doing and correct it from there." The Vikings allowed the Bears to recover an onside kick with 21 seconds left and Caleb Williams followed with a 27-yard pass to D.J. Moore to set up Cairo Santos' tying 48-yard field goal. But Minnesota won in overtime, 30-27. The Chiefs and Vikings overcame their mistakes in narrow victories. The Commanders, Texans and 49ers couldn't. They have to be better down the stretch to make a playoff run.
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Nick Kern came off the bench for 20 points and 13 rebounds as Penn State remained unbeaten with an 85-66 thumping of Fordham in a semifinal of the Sunshine Slam on Monday in Daytona Beach, Fla. The Nittany Lions (6-0), who will play either San Francisco or Clemson for the tournament title on Tuesday, put four other players in double figures. Zach Hicks scored 16 points, while Puff Johnson added 15. Ace Baldwin and Yanic Konan Niederhauser each chipped in 12 points. Penn State sank nearly 53 percent of its field goal attempts and earned a 38-30 advantage on the boards, more than enough to offset missing 12 of its 32 foul shots. Four players reached double figures for the Rams (3-4), led by 15 points apiece from Jackie Johnson III and reserve Joshua Rivera. Romad Dean and Jahmere Tripp each added 13. Fordham was as close as 56-49 after Tripp made a layup with 14:25 left in the game. But the Nittany Lions responded with a 16-1 run, capped with a layup by Kern for a 22-point lead at the 9:33 mark, and they never looked back. The main storyline prior to tipoff was whether Penn State could continue its torrid early start that saw it come into the day leading Division I in steals and ranked second in scoring at 98.2 points per game. The Nittany Lions certainly played to their billing for most of the first half, establishing a 21-8 lead at the 10:08 mark via Hicks' three-point play. Fordham predictably struggled early with the pressure defense, committing four turnovers in the first four minutes. But the Rams got their bearings over the last 10 minutes and made some shots. They got as close as four on two occasions late in the half before Penn State pushed the lead to 42-34 at the half. The officials were busy in the half, calling 23 fouls and administering 27 free throws. --Field Level MediaNFC North in Week 13: Detroit Lions use stingy defense to beat Indianapolis Colts 24-6 for 9th straight win