Kathmandu, Nov 24: Prime Minister KP Sharma Oli has directed the ministries and agencies concerned to resolve the dispute regarding the facility of resident doctor-post-graduate level (PG) in the medical college through mutual discussions. At the 15th meeting of the Medical Education Commission held today at the Prime Minister's official residence at Baluwatar, Prime Minister Oli who is also the Chairman of the Commission, instructed the Minister for Education, Science and Technology Bidya Bhattarai, Minister for Health and Population Pradeep Paudel and the Vice Chairman of the Commission, Prof Dr Anjani Kumar Jha to make appropriate decision to settle the issue. Based on the letter of the Ministry of Health and Population, the commission had published a notice to fill the self-evaluation form by November 26, asking that resident doctors of private colleges should also be facilitated to maintain facilities of Rs 48 thousand. Prime Minister Oli urged the Commission to study the profit and loss of the private medical colleges when they address demand. In the meeting, President of Association of Medical and Dental Colleges of Nepal, Dr. Gyanendra Man Singh Karki, asked Prime Minister Oli to give a solution, saying that the commission cannot make a unilateral decision to provide subsistence allowance to PG students on the same salary as government medical officers. In the ongoing meeting of the commission, there are agendas such as the progress report of the last fiscal year, policy revisions in the current fiscal year's budget and programme, letters of intent and relationships, transfer of ownership, scholarships, among others for discussions.(RSS)
AP News Summary at 3:38 p.m. ESTProspera Financial Services Inc Has $567,000 Position in Sea Limited (NYSE:SE)
From Maui to the Caribbean, Thanksgiving tournaments a beloved part of college basketballSeb Hines swears ‘no secret recipe’ to how he rescued Pride from despair, but there is: Seb Hines | CommentarySome quotations from Jimmy Carter: We have a tendency to exalt ourselves and to dwell on the weaknesses and mistakes of others. I have come to realize that in every person there is something fine and pure and noble, along with a desire for self-fulfillment. Political and religious leaders must attempt to provide a society within which these human attributes can be nurtured and enhanced. — from 1975 book “Why Not the Best?” Our government can express the highest common ideals of human beings — if we demand of government true standards of excellence. At this Bicentennial time of introspection and concern, we must demand such standards. — “Why Not the Best?” I am a Southerner and an American, I am a farmer, an engineer, a father and husband, a Christian, a politician and former governor, a planner, a businessman, a nuclear physicist, a naval officer, a canoeist, and among other things a lover of Bob Dylan’s songs and Dylan Thomas’s poetry. — “Why Not the Best?” Christ said, “I tell you that anyone who looks on a woman with lust has in his heart already committed adultery.” I’ve looked on a lot of women with lust. I’ve committed adultery in my heart many times. This is something that God recognizes I will do — and I have done it — and God forgives me for it. But that doesn’t mean that I condemn someone who not only looks on a woman with lust but who leaves his wife and shacks up with somebody out of wedlock. — Interview, November 1976 Playboy. This inauguration ceremony marks a new beginning, a new dedication within our Government, and a new spirit among us all. A President may sense and proclaim that new spirit, but only a people can provide it. — Inaugural address, January 1977. It’s clear that the true problems of our nation are much deeper — deeper than gasoline lines or energy shortages, deeper even than inflation and recession. ... All the legislation in the world can’t fix what’s wrong with America. ... It is a crisis of confidence. — So-called “malaise” speech, July 1979. But we know that democracy is always an unfinished creation. Each generation must renew its foundations. Each generation must rediscover the meaning of this hallowed vision in the light of its own modern challenges. For this generation, ours, life is nuclear survival; liberty is human rights; the pursuit of happiness is a planet whose resources are devoted to the physical and spiritual nourishment of its inhabitants. — Farewell Address, January 1981. We appreciate the past. We are grateful for the present and we’re looking forward to the future with great anticipation and commitment. — October 1986, at the dedication of the Carter Presidential Library and Museum. War may sometimes be a necessary evil. But no matter how necessary, it is always an evil, never a good. We will not learn to live together in peace by killing each other’s children. — December 2002, Nobel Peace Prize acceptance speech. Fundamentalists have become increasingly influential in both religion and government, and have managed to change the nuances and subtleties of historic debate into black-and-white rigidities and the personal derogation of those who dare to disagree. ... The influence of these various trends poses a threat to many of our nation’s historic customs and moral commitments, both in government and in houses of worship. — From 2005 book “Our Endangered Values.” I think that this breakthrough by Barack Obama has been remarkable. When he made his speech (on race) a few months ago in Philadelphia, I wept. I sat in front of the television and cried, because I saw that as the most enlightening and transforming analysis of racism and a potential end of it that I ever saw in my life. — August 2008, commenting on then-Sen. Barack Obama’s candidacy. I think it’s based on racism. There is an inherent feeling among many in this country that an African-American should not be president. ... No matter who he is or how much we disagree with his policies, the president should be treated with respect. — September 2009, reacting to Rep. Joe Wilson’s shout of “You lie!” during a speech to Congress by President Barack Obama. I’m still determined to outlive the last guinea worm. — 2010, on The Carter Center’s work to eradicate guinea worm disease. You know how much I raised to run against Gerald Ford? Zero. You know how much I raised to run against Ronald Reagan? Zero. You know how much will be raised this year by all presidential, Senate and House campaigns? $6 billion. That’s 6,000 millions. — September 2012, reacting to the 2010 “Citizens United” U.S. Supreme Court decision permitting unlimited third-party political spending. I have become convinced that the most serious and unaddressed worldwide challenge is the deprivation and abuse of women and girls, largely caused by a false interpretation of carefully selected religious texts and a growing tolerance of violence and warfare, unfortunately following the example set during my lifetime by the United States. — From 2014 book “A Call to Action.” I don’t think there’s any doubt now that the NSA or other agencies monitor or record almost every telephone call made in the United States, including cellphones, and I presume email as well. We’ve gone a long way down the road of violating Americans’ basic civil rights, as far as privacy is concerned. — March 2014, commenting on U.S. intelligence monitoring after the Sept. 11, 2001, terror attacks We accept self-congratulations about the wonderful 50th anniversary – which is wonderful – but we feel like Lyndon Johnson did it and we don’t have to do anything anymore. — April 2014, commenting on racial inequality during a celebration of the Civil Rights Act’s 40th anniversary. I had a very challenging question at Emory (University) the other night: “How would you describe the United States of America today in one word?” And I didn’t know what to say for a few moments, but I finally said, “Searching.” I think the country in which we live is still searching for what it ought to be, and what it can be, and I’m not sure we’re making much progress right at this moment. — October 2014 during a celebration of his 90th birthday. The life we have now is the best of all. We have an expanding and harmonious family, a rich life in our church and the Plains community, and a diversity of projects at The Carter Center that is adventurous and exciting. Rosalynn and I have visited more than 145 countries, and both of us are as active as we have ever been. We are blessed with good health and look to the future with eagerness and confidence, but are prepared for inevitable adversity when it comes. — From 2015 book, “A Full Life.”
These days, many tech enthusiasts and market watchers recognize Elon Musk and Sam Altman as rivals. But it wasn’t always that way. The two founded OpenAI in 2015 with a shared vision of advancing artificial intelligence. But by 2018, it became clear that the two tech visionaries had different ideas about what that would look like (but that’s another story for another day). So, Elon Musk left OpenAI. And a few years later – in 2022 – ChatGPT-4 debuted and kickstarted the AI Boom. Not to be outdone, Musk founded his own AI startup in 2023: xAI. And since then, the world’s richest man has been working furiously to catch up in the AI race. One way he’s been doing this is through Colossus, the world’s largest supercomputer. Located in Memphis, Tennessee, it currently has 100,000 graphics processing units (GPUs) and was built within 122 days. For this kind of project, it would typically take months or years to build. If that weren’t enough, last Wednesday, December 4, we learned that Colossus is about to get a LOT bigger. The Greater Memphis Chamber announced that xAI will begin expanding its supercomputer to hold at least 1 million GPUs. The GPUs are used to train xAI’s chatbot, Grok which was the first product to come out of the startup. Two AI companies are key in this expansion: NVIDIA Corporation (NVDA) and Super Micro Computer, Inc. (SMCI). The former supplies Colossus with its GPUs, and the latter, along with Dell Technologies Inc. (DELL), assembled the supercomputer’s server racks. These are, essentially, a specialized cabinet used to organize multiple servers in a data center. The three tech giants will also establish operations in Memphis to support the buildout. Now, NVIDIA and Super Micro have been under Wall Street’s microscope lately as recent pressure continues to mount. So, in today’s Market 360, I want to talk about the ramifications of this announcement on the AI Boom. I’ll also briefly address the reasons behind NVIDIA’s and Super Micro’s pullbacks this week, and whether investors can feel confident in these names moving forward. NVIDIA Gets Accused of Being a Monopoly Let’s talk about the latest news regarding NVIDIA. You probably noticed that the stock fell 5% earlier this week and is down roughly 5.7% for the week overall. There is one reason why: China accused it of being a monopoly and is opening an investigation into the company. Well, my comment is this: Of course, it’s a monopoly – that’s why I own it! As I mentioned in last Saturday’s Market 360 , I believe NVIDIA is the stock of the decade because of its monopolistic characteristics. In other words, it is so dominant that there are virtually no competitors. The reality is China is very frustrated with the Biden administration as it has restricted the type of chips that NVIDIA can sell to China. At one time, NVIDIA modified its chips to shrink the bus width, which is the rate of data transfer, and shipped those chips to China. But that wasn’t enough for the Biden administration, and NVIDIA had to modify the chips further. These technology curbs and uncertainty about the types of technology restrictions the incoming Trump administration could implement has China lashing out. But I don’t want you to worry. NVIDIA’s fundamentals have not changed. All that happened was that the trading algorithms of major institutions and hedge funds saw negative news and hit the stock. Super Micro Gets a Key Extension You may recall that Super Micro Computer found itself in hot water earlier this year when Hindenberg Research, an unscrupulous short seller, issued a report claiming that Super Micro committed accounting violations based on the story of a disgruntled former employee. After an independent review, no evidence of accounting fraud was found. Shares of Super Micro surged 30% in one day following the news. Then, on Friday, December 6, the NASDAQ granted Super Micro’s request for an extension to allow more time to submit its 10-K and 10-Q filings, along with any other required reports. Super Micro now has until February 25, 2025, to file all required reports to remain listed on the NASDAQ. This triggered another 7% pop in the stock. In recent comments, CEO Charles Liang said that he is confident the company will meet the deadline. That didn’t stop investors from taking profits, though, and the stock was down about 10% this week. The bottom line is that Super Micro continues to dominate liquid-cooled AI chips in data centers, which are becoming faster and faster all the time. So, the company’s solutions remain in hot demand. Super Micro Computer even revealed recently that it shipped a record 100,000 GPUs in the most recent quarter. What’s more, an article in Investor’s Business Daily recently pointed out that Super Micro Computer’s customers are sticking with the company. In other words, the company’s massive order backlog persists – and the company is on track to ramp up production at its new plant in Malaysia in the first half of 2025. It’s also important to remember that this has always been a very volatile stock. So, while the stock was down this week, it has gone up 65% over the last month. Your Next Stock-Picking Tool to Have in Your Arsenal From what I can see, the AI Boom isn’t slowing down any time soon. It is in full force and will stay that way for the foreseeable future. This latest news from xAI is proof of that. Planning to make what is already the world’s largest supercomputer 10 times more powerful just speaks to the magnitude of the arms race taking place between not only xAI and OpenAI, but dozens of other well-funded AI unicorn startups – not to mention Big Tech. And as long as this enormous arms race continues, that’s fantastic news for the likes of NVIDIA and Super Micro. So, folks, there’s nothing to worry about with NVIDIA and Super Micro. Now, I’ve been able to find companies with superior fundamentals like NVIDIA and Super Micro thanks to my proprietary Stock Grader tool. I’ve seen my fair share of stock-picking tools in my 40-plus years in the business. But when I saw the system that my friend and InvestorPlace colleague Luke Lango created, I was impressed. It’s called Auspex . Every month, it analyzes stocks that have strong fundamental, technical and sentimental factors. Based on the analysis, Luke will let you know which stocks are the best to buy and which ones to sell. It couldn’t be any easier. But I’m a numbers guy, so I wanted to see how it performed against the broader market. Thankfully, Luke and his team did thorough backtesting between September 2019 to September 2024. If rebalanced monthly, Auspex would have returned 1,054%. In comparison, the S&P 500 only had 109% in returns. That’s really impressive. This past Wednesday, Luke shared more about how his Auspex tool works in The Auspex Anomaly Event . This replay will only be available for the next few days, so you don’t want to miss it! Click here now to watch the replay of The Auspex Anomaly Event . Sincerely, Louis Navellier Editor, Market360 The Editor hereby discloses that as of the date of this email, the Editor, directly or indirectly, owns the following securities that are the subject of the commentary, analysis, opinions, advice, or recommendations in, or which are otherwise mentioned in, the essay set forth below: NVIDIA Corporation ( NVDA ) and Super Micro Computer, Inc. (SMCI)Photo shows the booth of Lululemon, a first-time exhibitor of the China International Import Expo (CIIE), during the 7th CIIE in east China’s Shanghai. — Xinhua photo BEIJING (Nov 25): Five or six days each week, Ariel Peng heads to the gym after work or during her lunch break, fitting in workouts ranging from 40 minutes to an hour. At 29, Ariel works as a quality manager at a multinational pharmaceutical company in Beijing, balancing a demanding job with her commitment to fitness. Her go-to brand for both workouts and daily wear is lululemon, which she started buying in 2019. “I first liked the Align series because it’s both snug and lightweight, without feeling restrictive,” she explains, referring to the brand’s bestselling leggings. Over the years, Ariel has spent more than 50,000 yuan (about 6,900 U.S. dollars) on the Canadian sportswear brand, appreciating its blend of performance and style. These days, she wears lululemon not just at the gym but also on her commute and in casual settings. “Their designs are comfortable and versatile,” she said. Ariel’s lifestyle reflects a rising trend among Chinese people, especially urban residents, for whom fitness and health have become integral parts of daily routines. For many, gym sessions, yoga classes and outdoor runs are no longer occasional activities but essential habits. This growing fitness culture is reshaping not only how people spend their time but also how they spend their money. Sportswear, once seen as purely functional, has become a key component of everyday wardrobes. Industry reports indicate that China’s sportswear market has grown rapidly, reaching nearly 500 billion yuan in 2023. During this year’s Singles’ Day shopping festival, which ran from October to mid-November, 34 brands in the sports and outdoor category achieved sales exceeding 100 million yuan on Tmall, China’s leading e-commerce platform. Driving new trends The rise of sportswear has sparked new fashion movements in China, such as “athleisure” and “gorpcore.” Many, like Ariel, now wear sportswear or sport-inspired clothing not just for exercise but also to work and social outings. Leggings, tennis skirts and polo shirts have transcended their traditional settings, becoming mainstream fashion staples for their blend of comfort and style. Gorpcore, a trend emphasizing rugged, functional outdoor wear, gained popularity after the pandemic as more people embraced outdoor activities. Jackets designed for mountaineering, weather-resistant shoes and utility backpacks have become fashion essentials. These pieces are prized not only for their practicality but also for their versatility, seamlessly transitioning from outdoor adventures to urban life. For many, the appeal of gorpcore lies in its simplicity, freedom and expression of individuality. Wang Xinyu, a 28-year-old office worker in Shanghai, traded her collection of dresses — once paired with carefully coordinated hairstyles, jewelry and heels — for outdoor-inspired clothing. “It feels liberating,” she said. “Outdoor apparel is versatile, minimalist and still stylish.” Social media platforms like Xiaohongshu have amplified these trends, with users frequently sharing photos of sporty outfits and snapshots from hiking trips. This has created a culture that celebrates active and outdoor lifestyles. The growing demand for sportswear has driven the success of premium brands. Lululemon reported a 34 percent year-on-year increase in net revenue on the Chinese mainland in the second quarter of this year. Since entering the market in 2013, the brand has opened more than 130 stores across China and continues to experience strong growth. Amer Sports, the parent company of outdoor gear maker Arc’teryx, saw a 17 percent year-on-year increase in revenue to 1.35 billion U.S. dollars and a 257 percent surge in profit. Revenue in China surged by 56 percent, making it the company’s fastest-growing market. Presenting new opportunities According to the Outdoor Sports Industry Development Plan (2022-2025), over 400 million people in China participate in outdoor activities. The plan, jointly released by the General Administration of Sport of China and other government departments, underscores the sector’s growing importance. In Western countries, the proportion of people participating in outdoor sports is around 60 to 70 percent of the total population, said Professor Zhou Lijun, director of the National Sports Industry Research Base at Zhejiang University. “With China’s vast population base and the current enthusiasm for outdoor activities, the industry’s potential is enormous if participation continues to grow,” Zhou explained, citing increasing health awareness and supportive government policies as key drivers. The Chinese government’s Healthy China 2030 initiative aims to have 530 million Chinese residents regularly participating in physical exercise by 2030. China’s sportswear market is projected to reach a valuation of 599 billion yuan by 2027. Earlier this month, lululemon made its debut at the China International Import Expo (CIIE). “By 2026, we expect the Chinese mainland to become our second-largest market globally, with over 200 stores,” said André Maestrini, executive vice president for lululemon’s international markets. “We are committed to continued investment in China to unlock further growth potential and engage more people with our brand,” Maestrini added. — Xinhua
NFL issues security warning after burglaries at Mahomes, Kelce's homes linked to 'organized' group: reports
Former US president Jimmy Carter dies aged 100President-elect Donald Trump ran on a platform of isolating the US from foreign conflicts like the Ukraine war, increasing tariffs on foreign trade partners, and rebuilding domestic manufacturing. But in recent days he has suggested a more outwardly aggressive approach for his foreign policy. At first, he joked about Canada being an additional US state. Since, he has threatened to take back control of the Panama Canal. He also reiterated a desire from his first term to own the autonomous Danish territory of Greenland, which is not for sale. The US is unlikely to take control of any of these regions. But these statements could indicate that Trump’s “America First” vision includes flexing the superpower’s muscle beyond its borders for US trade and national security interests. On Sunday, Trump told a conservative conference in Arizona that Panama was charging US ships “ridiculous, highly unfair” fees to use its namesake canal. After taking charge of building the canal in the early 20th century, the US turned full control over to Panama in the 1970s via a treaty. But this week, Trump said that if the “rip off” did not stop, he would demand the canal be returned to the US – though he did not specify how. Trump added he did not want the Panama Canal “falling into the wrong hands” and specifically cited China, which has significant interests in the waterway. “There’s a real US national security interest... in controlling its neutrality,” Will Freeman, a fellow on Latin American studies at the Council on Foreign Relations, said of Trump’s remarks. “Trump’s statement is mostly about that.” China is the second-largest user of the Panama Canal after the US, according to data. It has major economic investments in the country as well. In 2017, Panama cut diplomatic ties with Taiwan and recognised it as part of China, a major win for Beijing. The Panama Canal is not only essential for US trade in the Pacific, Mr Freeman said – in the event of any military conflict with China, it would be needed to move US ships and other assets. He also noted Trump’s frequent comments about trade partners’ unfair treatment of the US, as well as the president-elect’s pledge to sharply increase tariffs on foreign goods, particularly those from China. Trump’s complaints about shipping fees seemed to reflect his views on trade, Mr Freeman said. While the statements might be “coercive”, said Mr Freeman, it remained to be seen “whether canal authorities lower fees on US cargo in response to the threat”. Panama’s President José Raúl Mulino has released a statement saying that the canal and the surrounding area belonged to his country – and would remain so. Over the weekend, Trump said in a social media post that the US “feels that the ownership and control of Greenland is an absolute necessity” for reasons of national security and global freedom. The US maintains Pituffik Space Base in Greenland. The territory is rich with natural resources, including rare earth minerals, and occupies a strategic location for trade as global powers seek to expand their reach in the Arctic Circle. Russia, in particular, sees the region as a strategic opportunity. Trump floated the idea of purchasing Greenland in 2019, during his first term as president, and it never came to fruition. Greenland’s prime minister, Múte B Egede, responded to Trump’s latest comments this week: “We are not for sale and we will not be for sale.” Still, Trump continued emphasising his public statements online. On Truth Social, Trump’s account showed an image of an American flag being planted in the middle of the Panama Canal. His second-eldest son, Eric Trump, posted an image on X that showed the US adding Greenland, the Panama Canal and Canada to an Amazon online shopping cart. For Trump, promises to use America’s might to its advantage helped propel his two successful presidential campaigns. It was a tactic he used during his first presidency, threatening tariffs and the deployment of “armed soldiers” to steer Mexico into beefing up enforcement along its US border. Heading into his second term, Trump could plan to use a similar playbook once he takes office on 20 January. While it remains to be seen what will happen, Denmark has expressed a willingness to work with his administration. It also announced a huge boost in defence spending for Greenland, hours after Trump repeated his desire to purchase the Arctic territory. Source: BBCTurkey witnesses wine boom, despite government restrictions and tax hikes
Beswick makes history and No. 15 Northern Highlands ends 2024 with a statement
Prices involve a lot of psychology. That's why retailers roll out 3-for-1 discounts, promote offers to buy one get one free, and round prices down to end in 99 cents. Similarly, a high-priced stock can dampen an investor's enthusiasm. After all, would you rather have five shares of a stock, each worth $100, or half a share that is worth $500? I think most people would choose the former. With that in mind, let's examine a few high-priced stocks that investors are hoping will execute a stock split in 2025. Fair Issac When I put together a similar list of anticipated stock splits one year ago , Fair Issac ( FICO -1.23% ) was at the top of my list. And while my other two choices ( Nvidia and Chipotle Mexican Grill ) did split their shares in 2024, Fair Issac didn't. Nevertheless, it turned in a fantastic year, as its shares have rallied almost 80% as of this writing. However, that leaves Fair Issac shares priced at more than $2,000 a share. The company's most recent stock split came more than 20 years ago, and at this point, the company could easily perform a significant split, perhaps as much as a 20-to-1, bringing its share price down to around $100 a share. At any rate, investors should keep an eye on this credit rating juggernaut. With its asset-light business model, the company generates excellent profitability, with gross margins around 80% and operating margins above 43%. Moreover, Fair Issac has steadily grown its revenue from $1.2 billion to $1.7 billion over the last five years, representing yearly growth of about 8%. In other words, this under-the-radar financial mainstay is an excellent business, stock split or not. Netflix A few years ago, another stock split seemed out of the question for Netflix ( NFLX -1.80% ) . Shares tumbled nearly 75% in the first half of 2022, bottoming near $166. Yet, since then, the company and its stock have come roaring back. Shares have recently crossed the $900 mark, as revenue and profits have reached all-time highs. That has investors wondering whether the company might announce its first stock split since 2015. I think Netflix will announce a stock split, perhaps as much as a 10-for-1 split at some point in 2025. Meanwhile, the company remains a solid investment. The addition of an advertising tier , along with the company's crackdown on password sharing , has pushed Netflix's operating margin to an all-time high of 25.7%. NFLX Operating Margin (TTM) data by YCharts What's more , the company has emerged as the big winner in the streaming wars. According to November data provided by Nielsen, streaming video now accounts for over 41% of all viewing hours. And of that 41%, Netflix now accounts for 7.7% of all streaming hours, trailing only YouTube (10.8%). Meanwhile, key Netflix competitors like Amazon 's Prime Video (3.7%), Hulu (2.9%), and Disney + (1.9%) remain way behind. As a result, Netflix's stock could continue surging in 2025 -- and perhaps make a stock split even more likely. Tesla Finally, there's Tesla ( TSLA -4.95% ) . It was a mostly lackluster year for Tesla shares -- until Election D ay . Yet, once Donald Trump was named the winner of the election , Tesla shares skyrocketed, thanks to Elon Musk's close ties to the incoming president. As of this writing, Tesla shares are priced at over $450 a share, making them ripe for a potential stock split in 2025. Tesla's most recent stock split was a 3-for-1 split carried out in 2022. When that stock split was first announced in June 2022, shares were trading around $700. Therefore, it's possible the company might consider a 2-for-1 split if shares were to reach and hold the $500 level in 2025. In any event, investors may want to consider Tesla for a few reasons. Obviously, the stock has gotten a bump thanks to Musk's key role within the incoming Trump administration, but there are other reasons, too. The company appears close to deploying some form of autonomous driving along with robotaxis in Austin, Texas. It's another sign that the company may be about to unlock new value propositions that Tesla investors have long hoped for. In addition, some analysts are even more excited by the company's humanoid robot, Optimus. Given recent advancements in artificial intelligence technology, humanoid robots could soon become mainstays in any number of labor-intensive jobs. That presents another potentially lucrative market for Tesla to explore in the coming years. Tesla stock is once again approaching levels at which a stock split is plausible. And even more importantly, the company appears to be firing on all cylinders.
I’ve been having a lot of fun snooping around on Kickstarter these past few weeks, looking for sweet gift ideas or just general cool stuff. The last item we posted about was a pair of , a counter to Ray-Ban’s Meta glasses. This next project I found is also AI-related, but as someone who coached CrossFit on the side, I thought it would interest anyone with a mind for fitness as well as tech. is an AI-powered home gym, featuring real-time feedback on a massive 43-inch 4K display. The big thing I’ve taken away from my time coaching is that everyone moves differently, opening up the possibility for poor movement which can then lead to potential injury. As coaches, preventing that is priority number one. With an AI coach keeping an eye on you in real-time, K1 is designed to provide instant feedback, ensuring you’re moving properly and safely. From what I can gather reading the campaign, users can use the machine for five strength modes, all tailorable to various fitness goals, such as weight loss and muscle building. To get a sense of the user, K1 utilizes a 6-point assessment to ensure people get a challenging, yet safe workout each time. The assessment checks your cardio function, body composition, muscular endurance, flexibility, posture/body alignment, and core stability. The scores are then averaged and you’re left with a single assessment score, which then hones the AI to deliver workouts based on your needs. The system’s advanced tracking technology detects any deviations from optimal form, like insufficient arm extension or an unstable torso. When needed, AEKE K1 provides instant corrective guidance through either voice or visual prompts, so you’re always in safe hands. The above is exactly what a “real” coach, like me, is trained to see during a class. The sell here is, you can get that same feedback from the comfort of your own home, plus won’t need to pay for a monthly gym membership as there are no subscriptions or recurring fees after purchasing this device. I don’t quite yet feel like that, “They took our jobs!” guy from South Park, but we’re certainly getting there. AEKE K1 is at nearly $500K, so the hard part is over. Mass production is shown to have already started with shipping expected in February, 2025. That’s surprisingly soon. Units are currently priced at (46% off expected retail price), but there’s also a holiday bundle priced at $2,328, packed with all of the add-ons you might want. Machines like Tonal always interested me, but they are incredibly pricey (currently on sale for $3K), but then coupled with a subscription ($60/mo). It’s just too much. This looks like a solid alternative and good competition, which has been needed in the home fitness space. Follow the link below to snag one while the price is good.Sam Darnold leads game-winning drive in OT and Vikings beat Bears 30-27 after blowing late lead
EMERYVILLE, Calif., Dec. 17, 2024 (GLOBE NEWSWIRE) -- NMI Holdings, Inc., (NASDAQ: NMIH) announced today that Mohammad Yousaf, currently the company's Executive Vice President, Operations and Information Technology, has been appointed to the newly created position of Chief of Operations and Technology, effective January 1, 2025. Upon his appointment, Mr. Yousaf will continue to lead the innovation of National MI's customer platform and technology roadmap and play an important role in shaping the company's future success in collaboration with the broader executive team. "Mohammad has been instrumental in our success and this new role reflects his dedication, leadership and significant contributions to National MI. This is a well-deserved promotion and I look forward to working with Mohammad and our broader executive team as we continue to deliver differentiated solutions and value for National MI's customers, community, employees and shareholders,” said Adam Pollitzer, National MI's President and Chief Executive Officer. Mr. Yousaf joined National MI in 2018 and previously served as Senior Vice President and Chief Business Transformation Officer from 2020 to 2021 and Vice President, Business Development and Technology Partnerships from 2018 to 2020. Prior to joining National MI, Mr. Yousaf was a Senior Managing Director in charge of servicing operations for Home Point Financial and held leadership positions with Mr. Cooper and Wells Fargo. "National MI has the most modern and efficient operating platform in the private mortgage insurance industry and I'm proud to lead our operations and technology teams as we continue to develop innovative solutions for our customers,” said Mr. Yousaf. "Our goal has always been to support lenders and borrowers with a differentiated commitment and standard of service and, today, we lead the private MI industry from a position of strength and success. I am excited to leverage this expanded role to drive continued momentum and results across our business.” About National MI National Mortgage Insurance Corporation (National MI), a subsidiary of NMI Holdings, Inc. (NASDAQ: NMIH), is a U.S.-based, private mortgage insurance company enabling low down payment borrowers to realize home ownership while protecting lenders and investors against losses related to a borrower's default. To learn more, please visit www.nationalmi.com Press Contact for National MI Lesley Alli Senior Vice President, Industry Relations, Marketing and Communications [email protected] (510) 858-0568 Investor Contact for National MI John M. Swenson Vice President, Investor Relations and Treasury [email protected] (510)788-8417