NEW YORK , Nov. 25, 2024 /PRNewswire/ --The global travel market size is estimated to grow by USD 5.50 trillion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 18.52% during the forecast period. Growing popularity of experiential travel is driving market growth, with a trend towards increasing international tourist footfall. However, threat from growing terrorism poses a challenge. Key market players include Accor S.A., American Express Global Business Travel GBT, Balkan Holidays Ltd., BCD Travel Services BV, Booking Holdings Inc., Carlson Inc., Corporate Travel Management Ltd., Expedia Group Inc., Fareportal Inc., Flight Centre Travel Group Ltd., G Adventures, JPMorgan Chase and Co., JTB Corp., MakeMyTrip Ltd., Marriott International Inc., Omega World Travel Inc., PT Global Digital Niaga, Traveloka, The Scott Travel Group Ltd., Travel Leaders Group Holdings LLC, World Travel Holdings, and World Travel Inc., Airbnb, Inc., Hilton Worldwide, InterContinental Hotels Group (IHG), Hyatt Hotels Corporation, Carnival Corporation, Royal Caribbean Group. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF Market Driver Inbound tourism has experienced significant growth worldwide, leading to an increase in the number of tourists and demand for travel activities. Business travel, both international and domestic, is a significant contributor to this trend. The presence of numerous multinational corporations drives corporate visits, boosting the travel industry. Online travel platforms cater to the rising demand for travel activities from an increasing number of international tourists, primarily from North America , Europe , and the Pacific region. Government initiatives, such as improved connectivity through new airports, further fuel tourism growth. Overall, these factors are expected to expand the global travel market during the forecast period. The travel industry is experiencing significant shifts driven by trends such as the growing middle class population, heightened security and health concerns, and the increasing role of foreign tour operators and online platforms. Digital transformation is at the forefront, with tourists relying on online resources for trip planning, booking flight tickets and hotels, and even renting cars. Economic stability and leisure activities continue to be key motivators for vacations and holiday packages. The pandemic has created an acquisition opportunity for online travel agents, with promotional activities and new year holidays driving bookings. Mobile apps and holiday packages for international cities cater to elite travelers seeking new experiences in unexplored destinations. The luxury travel market remains strong, with a focus on security and personalized services. Overall, the online travel market is thriving, offering tourists convenience, affordability, and access to a world of new opportunities. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! Market Challenges Terrorist activities have grown globally since 2016, with the primary goal being to instill fear and alter people's behavior. An example is the bombing on January 1, 2023 , at a Kabul checkpoint near the commercial airport, resulting in injuries and fatalities. This incident directly affects industries like hotels and travel, as border clearances experience delays and stricter inspections. Furthermore, heightened security around oil and gas pipelines and electricity transmission lines leads to increased costs. Travel insurance and reinsurance also become more expensive. Consequently, the rise in terrorist activities may impede the expansion of the global travel market during the forecast period. The travel market faces various challenges in both the tourism sector and beyond. Micro trips are popular, but providing personalized services, reliable transport, and professional interaction remains crucial for customer satisfaction. Political stability is essential for business growth, especially for customized tours and private tours. Technological advancements, such as the adoption of IoT, impact airlines, cruise liners, hotels, and resorts. Natural disasters and stringent immigration policies pose risks. Business, sports, and cultural events drive domestic and overseas travel. Governmental support and infrastructural development are vital for addressing challenges like public transportation and accommodation facilities. Rapid globalization and the interconnected world increase competition, requiring technical integration and online booking platforms. Social media networks and influencer marketing influence travel decisions. Country revenue depends on addressing challenges like political instability, natural disasters, and stringent immigration policies. Discover how AI is revolutionizing market trends- Get your access now! Segment Overview This travel market report extensively covers market segmentation by 1.1 Transportation 1.2 Hotel 1.3 Travel activities 2.1 Leisure 2.2 Business 3.1 APAC 3.2 Europe 3.3 North America 3.4 South America 3.5 Middle East and Africa 1.1 Transportation- The Travel Market is a thriving industry that connects service providers with customers seeking unique travel experiences. It offers various opportunities for businesses to expand their reach and increase sales. By utilizing effective marketing strategies and providing exceptional customer service, companies can attract and retain customers. The Travel Market also encourages innovation and collaboration, allowing businesses to offer competitive prices and diverse offerings. Overall, it is a dynamic and profitable sector that continues to grow and evolve. Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics Research Analysis The online travel market has experienced significant shifts in the wake of the pandemic, with a growth in domestic tourism and an increase in bookings for New Year holidays. Mobile apps have become essential tools for travelers, allowing them to easily compare holiday packages, book flights, hotels, car rentals, and more. The adoption of IoT technology in the tourism sector offers new experiences and personalized services, creating opportunities for innovation. However, political instability, natural disasters, and stringent immigration policies pose challenges. The acquisition of smaller players in the online travel market presents opportunities for growth, particularly in the luxury travel market catering to elite travelers. Unexplored destinations and micro trips are also gaining popularity as travelers seek new experiences. Business and sports travel are expected to rebound as restrictions ease. Despite these trends, the tourism sector continues to face uncertainty and must adapt to changing consumer preferences and external factors. Market Research Overview The online travel market has seen a significant growth during the pandemic as people look for acquisition opportunities in the tourism sector. Domestic tourism has become a popular choice for travelers, leading to an increase in bookings for new year holidays. Mobile apps and online travel agents offer convenience for holiday packages, car rentals, and international city explorations. The luxury travel market caters to elite travelers seeking new experiences in unexplored destinations. Micro trips and personalized services are also in demand, as is reliable transport and professional interaction. Political stability, customized tours, and private tours are essential for some travelers, while others prioritize baby boomers, Gen X, and millennials' preferences. Technological advancements, such as the adoption of IoT, have transformed the industry, with online booking platforms, travel websites, and rapid globalization playing key roles. However, challenges such as political instability, natural disasters, and stringent immigration policies persist. Business, sports, and leisure activities continue to drive travel, with economic stability and infrastructure development crucial for the tourist industry's digital transformation. Online resources, flight tickets, hotels, and trip planning remain essential, with health and security concerns also influencing travel decisions. Foreign tour operators and online platforms cater to various tourist destinations, while influencer marketing, travel blogs, and user-generated content shape travel trends. Country revenue depends on public transportation, accommodation facilities, and the middle class population's growing demand for travel. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation Sector Transportation Hotel Travel Activities Type Leisure Business Booking Type Mode of Travel Geography APAC Europe North America South America Middle East And Africa 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 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: [email protected] Website: www.technavio.com/ SOURCE TechnavioThe rumor mill is churning with whispers of the Samsung Galaxy S25 Ultra, and a recent leak of a purported case for the device has sent tech enthusiasts into a frenzy. This seemingly innocuous accessory has offered a tantalizing glimpse into the design of Samsung’s upcoming flagship, confirming several rumored features and sparking further speculation about what we can expect from the S25 Ultra. This leak comes at a time when anticipation for the Galaxy S25 series is reaching fever pitch. With Samsung expected to unveil the new phones in early 2025, every bit of information, no matter how small, is being scrutinized for clues about what the future holds for the South Korean tech giant’s smartphone lineup. This leaked case, allegedly manufactured by Spigen, a well-known maker of phone accessories, appears to corroborate many of the design changes that have been circulating in the rumor mill. What Does the Leaked Case Reveal? The leaked image showcases a transparent case, typical of Spigen’s “Liquid Crystal” line, designed to protect the S25 Ultra while showcasing its aesthetics. While the case itself isn’t groundbreaking, the cutouts and contours provide valuable insights into the phone’s design. Here’s what we’ve gleaned from this leak: Analyzing the Leak: Implications and Speculations While it’s important to approach leaks with a healthy dose of skepticism, the fact that this case comes from a reputable manufacturer like Spigen lends it a degree of credibility. Case makers often receive early access to device schematics to ensure their products are ready for launch day, suggesting that this design is likely accurate. This leak has fueled further speculation about the S25 Ultra’s features. Some believe the rounded corners hint at a more significant design overhaul, possibly with a thinner profile and lighter weight. Others are intrigued by the potential for MagSafe compatibility, wondering if Samsung will introduce its own ecosystem of magnetic accessories. My Take on the S25 Ultra and the Case Leak Personally, I find the subtle design refinements hinted at by this case leak to be quite exciting. As a long-time Samsung user, I’ve always appreciated the company’s willingness to push the boundaries of smartphone design. The move towards more rounded corners suggests a focus on user comfort, which is a welcome change. I’m particularly intrigued by the possibility of MagSafe compatibility. While I’m not fully invested in Apple’s ecosystem, I can see the appeal of a magnetic attachment system for accessories like wallets and chargers. It would be interesting to see how Samsung might implement this technology and whether it will lead to a new range of Samsung-branded MagSafe accessories. Beyond the Case: What Else Can We Expect from the S25 Ultra? While the case leak provides valuable clues about the S25 Ultra’s design, it’s just one piece of the puzzle. Numerous other rumors and leaks have surfaced in recent months, painting a broader picture of what we can expect from Samsung’s next flagship. Here are some of the key highlights: The leaked Samsung Galaxy S25 Ultra case has provided a tantalizing glimpse into the design of Samsung’s upcoming flagship phone. While it’s important to remember that leaks are not always accurate, this particular leak comes from a reputable source and aligns with other rumors circulating online. The case suggests a refined design with rounded corners, a familiar camera layout, and the intriguing possibility of MagSafe compatibility. As we approach the official launch of the S25 series, it’s clear that Samsung is once again poised to push the boundaries of smartphone technology. With a rumored powerful processor, an impressive camera system, and a sleek new design, the Galaxy S25 Ultra is shaping up to be a worthy successor to its predecessors.Federal prosecutors seek records from company that deployed AI weapons scanner on NYC subway
WillowWood Rebrand by DD.NYC Wins Gold Anthem Award for Product and Innovation in 2024 Rebrand
OpenAI’s Sora Video Generator Leaked by Artists: A Protest Against Unpaid Labor and ArtwashingEmpowered Funds LLC boosted its stake in shares of Nasdaq, Inc. ( NASDAQ:NDAQ – Free Report ) by 25.4% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 8,860 shares of the financial services provider’s stock after buying an additional 1,795 shares during the quarter. Empowered Funds LLC’s holdings in Nasdaq were worth $647,000 as of its most recent SEC filing. Other large investors have also added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD lifted its stake in Nasdaq by 12.6% in the first quarter. Price T Rowe Associates Inc. MD now owns 517,000 shares of the financial services provider’s stock valued at $32,624,000 after purchasing an additional 57,900 shares during the last quarter. Swedbank AB purchased a new position in shares of Nasdaq during the 1st quarter valued at $2,595,000. Diversified Trust Co lifted its position in shares of Nasdaq by 45.2% during the 2nd quarter. Diversified Trust Co now owns 28,813 shares of the financial services provider’s stock valued at $1,736,000 after buying an additional 8,974 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of Nasdaq by 52.7% during the 1st quarter. Cetera Investment Advisers now owns 30,214 shares of the financial services provider’s stock worth $1,907,000 after acquiring an additional 10,427 shares during the period. Finally, American International Group Inc. increased its holdings in Nasdaq by 10.6% in the 1st quarter. American International Group Inc. now owns 102,770 shares of the financial services provider’s stock worth $6,485,000 after acquiring an additional 9,887 shares during the last quarter. Hedge funds and other institutional investors own 72.47% of the company’s stock. Analysts Set New Price Targets NDAQ has been the topic of several recent research reports. Morgan Stanley upped their price objective on shares of Nasdaq from $92.00 to $93.00 and gave the company an “overweight” rating in a report on Friday, October 25th. Argus raised their price objective on shares of Nasdaq from $76.00 to $82.00 and gave the stock a “buy” rating in a report on Tuesday, November 5th. UBS Group boosted their target price on shares of Nasdaq from $73.00 to $79.00 and gave the company a “neutral” rating in a report on Tuesday, October 8th. Oppenheimer raised their price target on Nasdaq from $84.00 to $86.00 and gave the stock an “outperform” rating in a report on Friday, October 25th. Finally, Bank of America decreased their price objective on Nasdaq from $90.00 to $88.00 and set a “buy” rating on the stock in a research note on Thursday, October 3rd. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat.com, Nasdaq has an average rating of “Moderate Buy” and an average target price of $80.87. Nasdaq Price Performance NDAQ opened at $81.07 on Friday. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.84. The stock has a market capitalization of $46.60 billion, a P/E ratio of 48.55, a PEG ratio of 3.15 and a beta of 0.95. The stock has a 50-day moving average price of $75.11 and a 200-day moving average price of $68.09. Nasdaq, Inc. has a 12-month low of $53.62 and a 12-month high of $81.35. Nasdaq ( NASDAQ:NDAQ – Get Free Report ) last issued its earnings results on Thursday, October 24th. The financial services provider reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.05. The business had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.17 billion. Nasdaq had a return on equity of 14.56% and a net margin of 13.67%. Nasdaq’s revenue for the quarter was up 21.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.71 earnings per share. Equities analysts predict that Nasdaq, Inc. will post 2.79 earnings per share for the current fiscal year. Nasdaq Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Friday, December 20th. Investors of record on Friday, December 6th will be given a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 1.18%. The ex-dividend date is Friday, December 6th. Nasdaq’s payout ratio is presently 57.49%. Insiders Place Their Bets In related news, EVP Jeremy Skule sold 12,000 shares of Nasdaq stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $77.92, for a total value of $935,040.00. Following the transaction, the executive vice president now directly owns 114,580 shares of the company’s stock, valued at $8,928,073.60. The trade was a 9.48 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link . Also, insider Pc Nelson Griggs sold 6,000 shares of the firm’s stock in a transaction on Monday, October 28th. The stock was sold at an average price of $75.71, for a total transaction of $454,260.00. Following the completion of the sale, the insider now directly owns 215,563 shares in the company, valued at approximately $16,320,274.73. This trade represents a 2.71 % decrease in their position. The disclosure for this sale can be found here . Insiders sold 49,459 shares of company stock valued at $3,811,808 over the last three months. Insiders own 0.70% of the company’s stock. About Nasdaq ( Free Report ) Nasdaq, Inc operates as a technology company that serves capital markets and other industries worldwide. It operates in three segments: Capital Access Platforms, Financial Technology, and Market Services. The Capital Access Platforms segment sells and distributes historical and real-time market data; and develops and licenses Nasdaq-branded indices and financial products. Further Reading Five stocks we like better than Nasdaq Consumer Discretionary Stocks Explained Vertiv’s Cool Tech Makes Its Stock Red-Hot What is a Stock Market Index and How Do You Use Them? MarketBeat Week in Review – 11/18 – 11/22 Best ESG Stocks: 11 Best Stocks for ESG Investing 2 Finance Stocks With Competitive Advantages You Can’t Ignore Receive News & Ratings for Nasdaq Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nasdaq and related companies with MarketBeat.com's FREE daily email newsletter .
WillowWood Rebrand by DD.NYC Wins Gold Anthem Award for Product and Innovation in 2024 RebrandTroy Asset Management Ltd lowered its position in shares of Alphabet Inc. ( NASDAQ:GOOGL – Free Report ) by 0.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,980,134 shares of the information services provider’s stock after selling 9,069 shares during the quarter. Alphabet comprises 10.6% of Troy Asset Management Ltd’s investment portfolio, making the stock its 3rd biggest holding. Troy Asset Management Ltd’s holdings in Alphabet were worth $328,405,000 at the end of the most recent quarter. Other large investors have also recently bought and sold shares of the company. China Universal Asset Management Co. Ltd. lifted its stake in Alphabet by 70.6% in the first quarter. China Universal Asset Management Co. Ltd. now owns 101,230 shares of the information services provider’s stock valued at $15,279,000 after buying an additional 41,880 shares during the period. Quent Capital LLC increased its stake in shares of Alphabet by 3.6% in the 1st quarter. Quent Capital LLC now owns 31,171 shares of the information services provider’s stock valued at $4,705,000 after acquiring an additional 1,072 shares in the last quarter. City of London Investment Management Co. Ltd. increased its stake in shares of Alphabet by 70.5% in the 1st quarter. City of London Investment Management Co. Ltd. now owns 185,415 shares of the information services provider’s stock valued at $27,961,000 after acquiring an additional 76,650 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Alphabet by 0.8% during the 1st quarter. Vanguard Group Inc. now owns 497,874,324 shares of the information services provider’s stock valued at $75,144,172,000 after acquiring an additional 4,064,073 shares during the period. Finally, TIAA Trust National Association boosted its stake in Alphabet by 3.6% during the first quarter. TIAA Trust National Association now owns 1,093,974 shares of the information services provider’s stock worth $165,113,000 after acquiring an additional 37,798 shares in the last quarter. 40.03% of the stock is currently owned by institutional investors and hedge funds. Insiders Place Their Bets In related news, Director John L. Hennessy sold 800 shares of the business’s stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $153.75, for a total transaction of $123,000.00. Following the completion of the transaction, the director now directly owns 28,524 shares in the company, valued at $4,385,565. The trade was a 2.73 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink . Also, CAO Amie Thuener O’toole sold 2,835 shares of the company’s stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $151.53, for a total value of $429,587.55. Following the completion of the transaction, the chief accounting officer now owns 29,182 shares in the company, valued at $4,421,948.46. This represents a 8.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders sold a total of 206,795 shares of company stock worth $34,673,866 in the last quarter. 11.55% of the stock is owned by company insiders. Alphabet Stock Performance Alphabet ( NASDAQ:GOOGL – Get Free Report ) last issued its earnings results on Tuesday, October 29th. The information services provider reported $2.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.83 by $0.29. The business had revenue of $88.27 billion for the quarter, compared to analysts’ expectations of $72.85 billion. Alphabet had a net margin of 27.74% and a return on equity of 31.66%. During the same quarter in the previous year, the firm posted $1.55 EPS. Sell-side analysts predict that Alphabet Inc. will post 8.01 earnings per share for the current year. Alphabet Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Monday, December 9th will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Monday, December 9th. This represents a $0.80 dividend on an annualized basis and a yield of 0.49%. Alphabet’s dividend payout ratio (DPR) is 10.61%. Analysts Set New Price Targets GOOGL has been the subject of several research analyst reports. Tigress Financial lifted their price target on shares of Alphabet from $210.00 to $220.00 and gave the company a “strong-buy” rating in a research note on Thursday, September 26th. DA Davidson began coverage on Alphabet in a research report on Tuesday, September 10th. They issued a “neutral” rating and a $170.00 target price for the company. Scotiabank upgraded Alphabet to a “strong-buy” rating in a report on Friday, October 11th. Morgan Stanley raised their price objective on Alphabet from $190.00 to $205.00 and gave the company an “overweight” rating in a research note on Wednesday, October 30th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $210.00 target price on shares of Alphabet in a research report on Wednesday, October 30th. Seven analysts have rated the stock with a hold rating, thirty-one have issued a buy rating and five have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Alphabet has an average rating of “Moderate Buy” and an average target price of $205.90. Read Our Latest Research Report on GOOGL Alphabet Company Profile ( Free Report ) Alphabet Inc offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. See Also Want to see what other hedge funds are holding GOOGL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alphabet Inc. ( NASDAQ:GOOGL – Free Report ). Receive News & Ratings for Alphabet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alphabet and related companies with MarketBeat.com's FREE daily email newsletter .Luigi Mangione Case Exposes Dangers Of 3D Printed Firearms
Andrej Stojakovic made 11 free throws to help craft a team-high 20 points, freshman Jeremiah Wilkinson had his second consecutive big game off the bench and Cal ran its winning streak to three with an 83-77 nonconference victory over Sacramento State on Sunday afternoon in Berkeley, Calif. Wilkinson finished with 16 points and Rytis Petraitis 13 for the Golden Bears (5-1), whose only loss this season was at Vanderbilt. Jacob Holt went for a season-high 25 points for the Hornets (1-4), who dropped their fourth straight after a season-opening win over Cal State Maritime. Seeking a fourth straight home win, Cal led by as many as 12 points in the first half and 40-33 at halftime before Sacramento State rallied. The Hornets used a 14-5 burst out of the gate following the intermission to grab a 47-45 lead. Julian Vaughns had a 3-pointer and three-point play in the run. But Cal dominated pretty much the rest of the game, taking the lead for good on a Petraitis 3-pointer with 14:50 remaining. Stojakovic, a transfer from rival Stanford, went 11-for-15 at the foul line en route to his third 20-point game of the young season. Cal outscored Sacramento State 26-17 on free throws to more than account for the margin of victory. Coming off a 23-point explosion in his first extended action of the season, Wilkinson hit five of his 10 shots Sunday. The Golden Bears outshot the Hornets 47.2 percent to 43.1 percent. Joshua Ola-Joseph contributed 10 points and six rebounds, Mady Sissoko also had 10 points and Petraitis found time for a team-high five assists. Holt complemented his 25 points with a game-high eight rebounds. He made four 3-pointers, as did Vaughns en route to 18 points, helping Sacramento State outscore Cal 30-21 from beyond the arc. EJ Neal added 16 points for the Hornets, while Emil Skytta tied for game-high assist honors with five to go with seven points. --Field Level Media
WillowWood Rebrand by DD.NYC Wins Gold Anthem Award for Product and Innovation in 2024 RebrandPosts area Latest 1 of 1 Go to latest Pinned post from 5.04am Voters think Albanese government has wrong priorities, poll finds By Josefine Ganko Most Australians feel they are poorer now than they were three years ago, as a poll reveals widespread dissatisfaction with the Albanese government’s priorities. A new Redbridge poll found 52 per cent of those surveyed either disagreed or strongly disagreed with the proposition that the government has the right focus. 40 per cent of voters said Peter Dutton was ready for office, slightly more than the 39 per cent who said he was not. Asked on Seven’s Sunrise if the polling meant Australia was “in the mood for change”, Social Services Minister Amanda Rishworth said the government was focused on the cost of living, while the Coalition was blocking bills. Loading Directing her comments to Liberal senator Jane Hume, Rishworth said: “You’ve voted against our housing bills. Blocked our cost of living measures. Fought against our energy price measures. Everything we’ve done, the Liberal Party have fought against it...” Hume repeatedly interjected Rishworth’s response, asking “Where have you been for 21⁄2 years?” “You spent a year concentrating on the Voice referendum,” she quipped. Meanwhile, on Nine’s Today , Nationals senator Matt Canavan also responded to the poll, saying Australians were poorer because “we’ve adopted a lot of stupid policies that deny Australians the use of their own energy resources that load our country with way too much red tape”. Last month, the Resolve Political Monitor found Australians hold Labor accountable for the financial pain of rising prices and the cost of housing. Thirty-six per cent believe the federal government is responsible for their rising living costs – far greater than the 13 per cent who blame global factors outside Australia’s control. Latest posts Latest posts 5.56am ‘I’ve done a backflip’: MP turns against social media ban By Olivia Ireland Independent MP Andrew Wilkie has backflipped on supporting the government’s teen social media ban, saying he has realised “the whole thing’s a nonsense”. Yesterday, moderate Liberal MPs Bridget Archer and Richard Colbeck threatened to vote against the ban that Opposition Leader Peter Dutton wants to ram through the parliament with Labor. “I got it wrong and I’ve changed my mind”: Independent MP Andrew Wilkie. Credit: Mick Tsikas Speaking on ABC Radio National this morning, Wilkie said he had changed his mind about supporting the bill. “I’ve got a confession to make. I’ve done a backflip on this,” he said. Loading “I got it wrong and I’ve changed my mind. I’ve got two teenage daughters and I’ve got three teenage stepsons. My first response to the news that under 16s would be banned: ‘I agree with joy’, I thought ‘that’s a great idea’. “But as soon as I started to research it, as soon as I started to hear commentary from youth and adolescent mental health experts, from youth welfare experts, from technical experts to talk about the practicalities of this ... I realise[d] the whole thing’s a nonsense and, frankly, I am doubtful that it will ever be realised.” 5.43am Road closures for the opening of Parliament By Felicity Caldwell The Queensland election was a month ago but the pomp and circumstance will happen today, with the Governor to travel to Parliament House to formally open the 58th Parliament, meaning there will be road closures in the city. Upon Governor Dr Jeannette Young’s arrival at the Queensland Parliament at 1.40pm, a 19-gun salute will fire from Kangaroo Point, and she will receive a royal salute from the Royal Guard, be invited to inspect the Guard, the Australian Army band, Brisbane and Queensland mounted police escort. She will then deliver the opening address in Parliament, outlining the priorities and objectives of the incoming LNP government. These are the road changes: Alice Street parking lanes between Albert and William streets will be closed 10am to 3pm; George Street will be closed between Alice Street and the entrance to QUT from 9am to 4pm. QUT drop-off will be available until 9am and after 4pm; Pedestrian access from the intersection of George and Alice streets to QUT will be closed from 12pm to 2pm; Lower River Terrace, Kangaroo Point will be closed to traffic from 6am to 4pm; Footpaths and bikeways along Lower River Terrace will be closed for 10 to 15 minutes from 1.40pm. 5.35am Biden welcomes Israel-Hezbollah ceasefire, as Israeli cabinet approves deal By AP President Joe Biden on Tuesday called Israel and Hezbollah’s ceasefire agreement “good news” and expressed hope the pause in more than 13 months of fighting will be the catalyst to also end the war in Gaza. Biden made his comments in a Rose Garden speech. He stressed that Israel reserved the right to quickly resume operations in Lebanon if Hezbollah broke the terms of the truce. US President Joe Biden administration has been trying to calm relations with Beijing. Credit: AP Biden added that the deal between Israel and Hezbollah “was designed to be a permanent cessation of hostilities”. The president’s comments come as Israeli Prime Minister Benjamin Netanyahu’s security Cabinet approved a ceasefire deal with Hezbollah, clearing the way for the truce to take effect. Netanyahu’s office said the plan was approved by a 10-1 margin. The late-night vote came shortly before President Joe Biden was expected to announce details of the deal in Washington. Earlier, Netanyahu defended the ceasefire, saying Israel has inflicted heavy damage on Hezbollah and could now focus its efforts on Hamas militants in Gaza and his top security concern, Iran. Netanyahu vowed to strike Hezbollah hard if it violates the expected deal. Read more about the ceasefire deal in the full story here. Advertisement 5.04am Voters think Albanese government has wrong priorities, poll finds By Josefine Ganko Most Australians feel they are poorer now than they were three years ago, as a poll reveals widespread dissatisfaction with the Albanese government’s priorities. A new Redbridge poll found 52 per cent of those surveyed either disagreed or strongly disagreed with the proposition that the government has the right focus. 40 per cent of voters said Peter Dutton was ready for office, slightly more than the 39 per cent who said he was not. Asked on Seven’s Sunrise if the polling meant Australia was “in the mood for change”, Social Services Minister Amanda Rishworth said the government was focused on the cost of living, while the Coalition was blocking bills. Loading Directing her comments to Liberal senator Jane Hume, Rishworth said: “You’ve voted against our housing bills. Blocked our cost of living measures. Fought against our energy price measures. Everything we’ve done, the Liberal Party have fought against it...” Hume repeatedly interjected Rishworth’s response, asking “Where have you been for 21⁄2 years?” “You spent a year concentrating on the Voice referendum,” she quipped. Meanwhile, on Nine’s Today , Nationals senator Matt Canavan also responded to the poll, saying Australians were poorer because “we’ve adopted a lot of stupid policies that deny Australians the use of their own energy resources that load our country with way too much red tape”. Last month, the Resolve Political Monitor found Australians hold Labor accountable for the financial pain of rising prices and the cost of housing. Thirty-six per cent believe the federal government is responsible for their rising living costs – far greater than the 13 per cent who blame global factors outside Australia’s control. 4.57am Another warm day, and it could be wet, too It’s likely to be another cloudy day in Brisbane, with a medium chance of showers throughout the day. And the temperature is forecast to reach a maximum just short of 30 degrees. The weather bureau predicts a slight breeze throughout the day also, dropping off into the evening. Here’s the seven-day outlook: 4.55am Headlines of what’s happening elsewhere Stories making the rounds further afield this morning: The grieving families of two backpackers who died after a suspected mass methanol poisoning have returned to Australia with the bodies of their daughters after living every parents’ nightmare. The Australian economy has been destabilised by incoming US president Donald Trump’s declaration of a tariff war on three of America’s biggest trading partners. Natalie Harp watches Donald Trump. Credit: Doug Mills/The New York Times Trump has always demanded loyalty from his aides but few have answered the call quite like Natalie Harp . A 33-year-old former far-right cable TV host, Harp is nearly always at Trump’s side and has written him a series of devotional letters. Now she is poised to play an influential role in his White House. Israeli Prime Minister Benjamin Netanyahu has announced he will recommend a proposal for a ceasefire with Hezbollah to his cabinet for approval, setting the stage for an end to nearly 14 months of fighting. And from January 8, Australians will need an electronic travel authorisation to enter the UK. You can apply for yours now. Advertisement 4.43am The top stories for this morning Good morning, thanks for joining us for Brisbane Times’ live news blog. It’s Wednesday, November 27, and we’re expecting a partly cloudy day and a top temperature of 29 degrees. In this morning’s local headlines: Did Brisbane’s buses get more crowded after 50¢ fares? What impact has working from home had on public transport? We have the latest figures from Translink . Queensland’s new LNP government will push a regular end-of-year budget update into early 2025 to give it time to “get our head around” Labor’s cost blowouts, says Treasurer David Janetzki. Queensland remains in the grip of a whooping cough outbreak , with staff at Brisbane public hospitals reporting up to 28 times the number of cases normally seen by this time of year. Thirty-four years ago, former umpire Ian Stewart was viciously assaulted . As he reflects on the damage caused by an angry player, a Queensland academic explains why decision-makers shouldn’t be surprised by “concussion crises”. And it took just a $30 investment and a tug on his heartstrings to convince former St George Illawarra captain Ben Hunt that he belonged back at the Broncos , where his career began. Ben Hunt has agreed to a two-year Broncos deal worth about $550,000 annually – significantly less than what he was earning at St George Illawarra. Credit: Getty Latest 1 of 1 Latest Most Viewed in National Loading
WASHINGTON, USA – US farm industry groups want President-elect Donald Trump to spare their sector from his promise of mass deportations, which could upend a food supply chain heavily dependent on immigrants in the United States illegally. So far Trump officials have not committed to any exemptions, according to interviews with farm and worker groups and Trump’s incoming “border czar” Tom Homan. Nearly half of the nation’s approximately 2 million farm workers lack legal status, according to the departments of Labor and Agriculture, as well as many dairy and meatpacking workers. Trump, a Republican, vowed to deport millions of immigrants in the U.S. illegally as part of his campaign to win back the White House, a logistically challenging undertaking that critics say could split apart families and disrupt US businesses. Homan has said immigration enforcement will focus on criminals and people with final deportation orders but that no immigrant in the U.S. illegally will be exempt. He told Fox News on November 11 that enforcement against businesses would “have to happen” but has not said whether the agricultural sector would be targeted. “We’ve got a lot on our plate,” Homan said in a phone interview this month. Mass removal of farm workers would shock the food supply chain and drive consumer grocery prices higher, said David Ortega, a professor of food economics and policy at Michigan State University. “They’re filling critical roles that many U.S.-born workers are either unable or unwilling to perform,” Ortega said. Farm groups and Republican allies are encouraged by the incoming administration’s stated focus on criminals. Dave Puglia, president and CEO of Western Growers, which represents produce farmers, said the group supports that approach and is concerned about impacts to the farm sector if a deportation plan was targeted at farmworkers. Trump transition spokesperson Karoline Leavitt did not directly address the farmer concerns in a statement to Reuters. “The American people re-elected President Trump by a resounding margin giving him a mandate to implement the promises he made on the campaign trail, like deporting migrant criminals and restoring our economic greatness,” Leavitt said. “He will deliver.” Trump announced on Saturday that he would nominate Brooke Rollins, who chaired the White House Domestic Policy Council during his first term, to become agriculture secretary. Agriculture and related industries contributed $1.5 trillion to the U.S. gross domestic product, or 5.6%, in 2023, according to the U.S. Department of Agriculture. In his first administration, Trump promised the farm sector that his deportation effort would not target food sector workers, though the administration did conduct raids at some agricultural worksites, including poultry processing plants in Mississippi and produce processing facilities in Nebraska. U.S. Representative John Duarte, a Republican and fourth-generation farmer in California’s Central Valley, said farms in the area depend on immigrants in the U.S. illegally and that small towns would collapse if those workers were deported. Duarte’s congressional seat is one of a handful of close races where a winner has yet to be declared. Duarte said the Trump administration should pledge that immigrant workers in the country for five years or longer with no criminal record will not be targeted and look at avenues to permanent legal status. “I would like to hear more clearly expressed that these families will not be targeted,” he said. ‘WE NEED THE CERTAINTY’ Farmers have a legal option for hiring labor with the H-2A visa program, which allows employers to bring in an unlimited number of seasonal workers if they can show there are not enough U.S. workers willing, qualified and available to do the job. The program has grown over time, with 378,000 H-2A positions certified by the Labor Department in 2023, three times more than in 2014, according to agency data. But that figure is only about 20% of the nation’s farm workers, according to the USDA. Many farmers say they cannot afford the visa’s wage and housing requirements. Others have year-round labor needs that rule out the seasonal visas. Farmers and workers would benefit from expanded legal pathways for agricultural laborers, said John Walt Boatright, director of government affairs at the American Farm Bureau Federation, a farmer lobby group. “We need the certainty, reliability and affordability of a workforce program and programs that are going to allow us to continue to deliver food from the farm to the table,” said John Hollay, director of government relations at the International Fresh Produce Association, which represents produce farmers. For decades, farm and worker groups have attempted to pass immigration reform that would enable more agricultural workers to stay in the U.S., but the legislation has failed so far. The risk of enforcement against farms is likely low because of the necessity of the workers, said Leon Fresco, an immigration attorney at Holland & Knight. “There are some very significant business interests that obviously want agricultural labor and need it,” he said. But for farmworkers, the fear of enforcement can create chronic stress, said Mary Jo Dudley, director of the Cornell Farmworker Program, which is training workers to know their rights if confronted by immigration officials. If there are again raids on meatpacking plants, immigration enforcement should take precautions to avoid detaining workers in the country legally, said Marc Perrone, international president of the United Food and Commercial Workers union, which represents some meatpacking workers. Edgar Franks, a former farmworker and political director at Familias Unidas por la Justicia, a worker union in Washington state, said the group is seeing new energy from workers to organize. “The anxiety and fear is real. But if we’re together, there’s a better chance for us to fight back,” he said.
Bidenflation Survey: 44% of Americans Hosting Thanksgiving Concerned About Cost
Empowered Funds LLC boosted its stake in shares of IDEXX Laboratories, Inc. ( NASDAQ:IDXX – Free Report ) by 2.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,310 shares of the company’s stock after acquiring an additional 36 shares during the quarter. Empowered Funds LLC’s holdings in IDEXX Laboratories were worth $662,000 as of its most recent SEC filing. Other hedge funds and other institutional investors also recently made changes to their positions in the company. American Century Companies Inc. increased its position in shares of IDEXX Laboratories by 46.0% during the 2nd quarter. American Century Companies Inc. now owns 562,764 shares of the company’s stock worth $274,179,000 after purchasing an additional 177,226 shares in the last quarter. International Assets Investment Management LLC grew its stake in IDEXX Laboratories by 52,746.0% during the third quarter. International Assets Investment Management LLC now owns 528,460 shares of the company’s stock worth $2,669,890,000 after buying an additional 527,460 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of IDEXX Laboratories by 13.1% in the second quarter. Dimensional Fund Advisors LP now owns 512,788 shares of the company’s stock valued at $249,855,000 after acquiring an additional 59,519 shares during the last quarter. Massachusetts Financial Services Co. MA raised its stake in shares of IDEXX Laboratories by 12.5% in the second quarter. Massachusetts Financial Services Co. MA now owns 390,565 shares of the company’s stock valued at $190,283,000 after acquiring an additional 43,473 shares during the last quarter. Finally, Clearbridge Investments LLC boosted its holdings in shares of IDEXX Laboratories by 696.0% in the 2nd quarter. Clearbridge Investments LLC now owns 352,814 shares of the company’s stock worth $171,891,000 after acquiring an additional 308,493 shares in the last quarter. 87.84% of the stock is owned by institutional investors. IDEXX Laboratories Stock Performance IDEXX Laboratories stock opened at $417.24 on Friday. The company has a market cap of $34.17 billion, a PE ratio of 40.24, a PEG ratio of 3.65 and a beta of 1.36. The company has a current ratio of 1.42, a quick ratio of 1.03 and a debt-to-equity ratio of 0.32. IDEXX Laboratories, Inc. has a 1 year low of $398.50 and a 1 year high of $583.39. The company’s 50-day moving average is $460.86 and its two-hundred day moving average is $480.68. Wall Street Analyst Weigh In Several equities analysts have issued reports on IDXX shares. Piper Sandler reiterated a “neutral” rating and issued a $435.00 price objective (down previously from $520.00) on shares of IDEXX Laboratories in a research report on Monday, November 4th. Barclays reduced their price target on shares of IDEXX Laboratories from $570.00 to $481.00 and set an “overweight” rating on the stock in a research report on Monday, November 4th. Stifel Nicolaus lowered their price objective on shares of IDEXX Laboratories from $510.00 to $500.00 and set a “hold” rating for the company in a research report on Thursday, October 10th. Finally, JPMorgan Chase & Co. reduced their target price on shares of IDEXX Laboratories from $630.00 to $575.00 and set an “overweight” rating on the stock in a research report on Friday, October 11th. Three investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $552.38. Get Our Latest Analysis on IDEXX Laboratories IDEXX Laboratories Company Profile ( Free Report ) IDEXX Laboratories, Inc develops, manufactures, and distributes products primarily for the companion animal veterinary, livestock and poultry, dairy, and water testing markets in Africa, the Asia Pacific, Canada, Europe, Latin America, and internationally. The company operates through three segments: Companion Animal Group; Water Quality Products; and Livestock, Poultry and Dairy. See Also Five stocks we like better than IDEXX Laboratories What Are the U.K. Market Holidays? How to Invest and Trade Vertiv’s Cool Tech Makes Its Stock Red-Hot 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion MarketBeat Week in Review – 11/18 – 11/22 Using the MarketBeat Dividend Yield Calculator 2 Finance Stocks With Competitive Advantages You Can’t Ignore Want to see what other hedge funds are holding IDXX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for IDEXX Laboratories, Inc. ( NASDAQ:IDXX – Free Report ). Receive News & Ratings for IDEXX Laboratories Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IDEXX Laboratories and related companies with MarketBeat.com's FREE daily email newsletter .( MENAFN - Investor Brand Network) Thumzup (NASDAQ: TZUP) , an emerging leader in social media branding and marketing solutions, reported a robust 202% growth in the number of advisers subscribing to its proprietary ad-tech platform, with over 500 advertisers joining since the beginning of the year. 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He finished it by producing an astonishing save that vindicated those awards. The Argentina international illuminated a 0-0 draw between his Aston Villa team and Juventus in the Champions League on Wednesday by plucking the ball from behind him and scooping it off the goal line to deny Francisco Conceição what could have been the winner. Replays showed the ball was almost entirely over the line before Martinez hooked it clear, and the goalkeeper was quickly congratulated by his teammates. No save by Martinez will ever beat the one he pulled off for Argentina in the last seconds of extra time in the 2022 World Cup final , denying France striker Randal Kolo Muani and keeping teammate Lionel Messi’s dream alive of finally winning soccer’s biggest prize. He might just have run it close. It was fitting he produced his wonder save against Juve on the night he showed off the two Yashin Trophies he claimed at the Ballon d’Or awards ceremony in each of the past two years. The most recent one came last month. As for Juventus goalkeeper Michele Di Gregorio, he finished the game relieved that what appeared to be a mistake in the final seconds of stoppage time didn't cost his team. Di Gregorio spilled a cross under pressure from Villa defender Diego Carlos and Morgan Rogers was there to poke the ball into the net. A goal was awarded by the on-field referee but after a two-minute check, it was ruled out for a foul on Di Gregorio by Carlos. AP soccer: https://apnews.com/hub/soccer