QuantumScape Co. ( NYSE:QS – Get Free Report )’s share price shot up 0.4% during mid-day trading on Thursday . The stock traded as high as $5.31 and last traded at $5.18. 6,556,446 shares were traded during mid-day trading, a decline of 26% from the average session volume of 8,891,154 shares. The stock had previously closed at $5.16. Analyst Ratings Changes A number of brokerages have recently commented on QS. Truist Financial reaffirmed a “hold” rating and set a $7.00 target price (up from $6.00) on shares of QuantumScape in a research report on Friday, October 25th. Wolfe Research assumed coverage on QuantumScape in a research report on Thursday, September 5th. They set an “underperform” rating for the company. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $6.00 price target on shares of QuantumScape in a research report on Tuesday, September 10th. HSBC upgraded QuantumScape from a “reduce” rating to a “hold” rating and set a $5.30 price objective for the company in a report on Tuesday, November 19th. Finally, Hsbc Global Res raised shares of QuantumScape to a “hold” rating in a research report on Tuesday, November 19th. One research analyst has rated the stock with a sell rating and seven have assigned a hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $6.26. View Our Latest Stock Report on QuantumScape QuantumScape Stock Performance QuantumScape ( NYSE:QS – Get Free Report ) last released its quarterly earnings results on Wednesday, October 23rd. The company reported ($0.23) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.21) by ($0.02). During the same quarter last year, the company posted ($0.23) EPS. On average, sell-side analysts predict that QuantumScape Co. will post -0.99 EPS for the current fiscal year. Insiders Place Their Bets In other QuantumScape news, Director Fritz Prinz sold 12,908 shares of the firm’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $5.04, for a total value of $65,056.32. Following the completion of the sale, the director now owns 241,195 shares of the company’s stock, valued at approximately $1,215,622.80. This trade represents a 5.08 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website . Also, CFO Kevin Hettrich sold 58,000 shares of the company’s stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $5.78, for a total transaction of $335,240.00. Following the transaction, the chief financial officer now owns 1,073,022 shares in the company, valued at approximately $6,202,067.16. This trade represents a 5.13 % decrease in their position. The disclosure for this sale can be found here . Over the last three months, insiders have sold 702,057 shares of company stock valued at $3,982,909. 12.03% of the stock is currently owned by insiders. Institutional Investors Weigh In On QuantumScape Several institutional investors and hedge funds have recently made changes to their positions in the stock. 180 Wealth Advisors LLC increased its position in shares of QuantumScape by 2.7% in the 2nd quarter. 180 Wealth Advisors LLC now owns 79,741 shares of the company’s stock valued at $392,000 after acquiring an additional 2,059 shares during the period. Signaturefd LLC increased its holdings in shares of QuantumScape by 79.9% in the third quarter. Signaturefd LLC now owns 4,838 shares of the company’s stock valued at $28,000 after purchasing an additional 2,148 shares during the period. CWM LLC raised its stake in shares of QuantumScape by 56.0% in the second quarter. CWM LLC now owns 7,124 shares of the company’s stock worth $35,000 after purchasing an additional 2,556 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of QuantumScape by 32.4% during the third quarter. Farther Finance Advisors LLC now owns 13,521 shares of the company’s stock worth $78,000 after purchasing an additional 3,310 shares during the period. Finally, The Manufacturers Life Insurance Company boosted its position in QuantumScape by 4.4% in the second quarter. The Manufacturers Life Insurance Company now owns 83,867 shares of the company’s stock valued at $413,000 after buying an additional 3,527 shares during the last quarter. 29.87% of the stock is currently owned by institutional investors and hedge funds. QuantumScape Company Profile ( Get Free Report ) QuantumScape Corporation, a research and development stage company, focuses on the development and commercialization of solid-state lithium-metal batteries for electric vehicles and other applications. The company was founded in 2010 and is headquartered in San Jose, California. Read More Receive News & Ratings for QuantumScape Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for QuantumScape and related companies with MarketBeat.com's FREE daily email newsletter .
Seven years ago, El Salvador made global headlines as the first country in the world to ban all metal mining. The decision was hailed as a victory for environmental protection, celebrated by local communities, environmentalists and even the Catholic Church. That was then. President Nayib Bukele is now calling for a reversal of the landmark ban, claiming that beneath the country's fertile soil lies an untapped fortune. According to Bukele, the small Central American nation sits atop an estimated $3 trillion in unmined gold reserves—a potential jackpot that could radically transform El Salvador's financial future. "We potentially have the largest gold deposits per square kilometer in the world," Bukele declared on the social media platform X (formerly Twitter ). He claimed that extracting just 4 percent of the country's gold deposits could generate approximately $131 billion, a sum equivalent to 380 percent of El Salvador's current GDP. "God placed a gigantic treasure underneath our feet," Bukele wrote, calling the 2017 mining ban "absurd." It wasn't always this way. When Bukele ran for president in 2019, he supported the mining ban, which had been passed unanimously by El Salvador's Legislative Assembly in a 70-0 vote. The ban had broad support and was seen as essential to protecting the country's vulnerable water resources from contamination caused by mining operations. But his views have since shifted. Since taking office in 2019, Bukele has become one of the ban's most vocal critics, pushing for what he calls "modern and sustainable" mining that, he claims, will safeguard the environment while unlocking the nation's hidden wealth. Bukele, who previously made waves by adopting Bitcoin as legal tender and is simultaneously overseeing one of the biggest organized crime crackdowns in the world, now sees mining as a potential economic miracle. He argues that responsible resource exploitation could dramatically transform the nation's economic prospects. This week, Bukele doubled down on his proposal, and his critics were quick to respond. They fear that reopening mining could lead to the contamination of water sources, especially given the amount of freshwater needed for mining operations and the risks posed by heavy metals used in the process. "The president claims that 'responsible mining' can be done, but there is no evidence to support this claim," Pedro Cabezas, a member of the Central American Alliance against Mining (ACAFREMIN), told Newsweek . "There are no examples of 'responsible mining' that haven't caused serious impacts. The effects in El Salvador would be terrible," he warned. For Bukele, however, the push to reopen mining is part of a broader ambition to overhaul El Salvador's economy. His administration is already known for what he calls a "security miracle," which has seen the mass incarceration of more than 80,000 Salvadorans accused of gang affiliation since March 2022. Now, he aims to replicate that same top-down approach to the Salvadoran economy. As one of the most popular leaders in the world, Bukele was reelected earlier this year with overwhelming support. His party holds a commanding majority in El Salvador's Congress and with his opponents politically weakened, there's little standing in the way of his mining agenda. "When Bukele won a congressional supermajority that allowed him to bypass many democratic checks and balances, a major concern was that he would eventually start making unpopular decisions, and those opposing them would have little or no recourse," Adam Isacson, director of the Washington Office on Latin America's (WOLA) Defense Oversight program, told Newsweek . "A rush back into gold mining, at the expense of communities living atop the gold deposits, would be a prime example of that," he added. Signs of a possible resumption of mining activity first emerged in October 2022 with the creation of the General Directorate of Energy, Hydrocarbons, and Mines within the Salvadoran government. Environmental concerns deepened when El Salvador joined the Intergovernmental Forum on Mining, Minerals, Metals, and Sustainable Development (IGF), a global association of countries addressing mining issues. For a nation that was the first to ban all metallic mining operations, joining such a forum struck many as an unusual move that preceded a national pivot on the issue.Pictured: trainee solicitor, 29, charged with murder of finance professor in BalbrigganThe man charged in the killing of the CEO of UnitedHealthcare reported in online writings over a period of years that he had been navigating a series of life-altering health problems. In posts on a Reddit account, the man, Luigi Mangione , said back pain that had once been a minor issue in his life grew more extreme in 2022 after he went surfing, then grew worse again a few weeks later when he slipped on a piece of paper. He reported persistent problems, including pain when he sat down, twitching leg muscles, and numbness in his groin and bladder. Suspect Luigi Mangione yells as he is taken into the Blair County Courthouse in Hollidaysburg, Pennyslvania. Credit: AP He shared details that friends have corroborated, writing that he had a spinal fusion surgery in July 2023. He wrote that within days he did not need pain meds and could sit, stand and walk just fine. “The surgery wasn’t nearly as scary as I made it out to be in my head, and I knew it was the right decision within a week,” he wrote in one Reddit post. He went on to encourage others to consider such surgery, pointing to athletes who had done so. An X-ray that he posted on another social media account showed a spinal fusion. The back pain was not his only struggle. He wrote at times about “brain fog” that had worsened during his college years, making studying more difficult. Doctors could not seem to figure out what was happening, he reported. “It’s absolutely brutal to have such a life-halting issue,” he wrote. He also posted on a page for people dealing with irritable bowel syndrome, saying that he had undergone some testing for the condition. He said the testing had been covered by Blue Cross Blue Shield — his only reference in the Reddit writings to insurance coverage. After the back surgery, he returned to Hawaii, where he had previously been living, but by the spring of this year, he had ceased communications with most friends and family members. His family reached out to his friends in recent months in hopes of finding him.
Volumetric Display Market | Business Growth, Development Factors, Current and Future Trends till 2031 | Seekway Technology Ltd. SeeReal Technologies GmbH Sony CorporationTikTok's future in the U.S. appeared uncertain on Friday after a federal appeals court rejected a legal challenge to a law that requires the social media platform to cut ties with its China-based parent company or be banned by mid-January. A panel of three judges on The U.S. Court of Appeals for the District of Columbia Circuit ruled unanimously that the law withstood constitutional scrutiny, rebuffing arguments from the two companies that the statute violated their rights and the rights of TikTok users in the U.S. The government has said it wants ByteDance to divest its stakes in TikTok. But if it doesn't and the platform goes away, it would have a seismic impact on the lives of content creators who rely on the platform for income as well as users who use it for entertainment and connection. Here are some details on the ruling and what could happen next: What does the ruling say? In their lawsuit, TikTok and ByteDance, which is also a plaintiff in the case, had challenged the law on various fronts, arguing in part that the statute ran afoul of the First Amendment and was an unconstitutional bill of attainder that unfairly targeted the two companies. But the court sided with attorneys for the Justice Department who said that the government was attempting to address national security concerns and the way in which it chose to do so did not violate the constitution. The Justice Department has argued in court that TikTok poses a national security risk due to its connections to China. Officials say that Chinese authorities can compel ByteDance to hand over information on TikTok's U.S. patrons or use the platform to spread, or suppress, information. However, the U.S. hasn't publicly provided examples of that happening. The appeals court ruling, written by Judge Douglas Ginsburg, said the law was “carefully crafted to deal only with control by a foreign adversary." The judges also rejected the claim that the statute was an unlawful bill of attainder or a taking of property in violation of the Fifth Amendment. Furthermore, Ginsburg wrote the law did not violate the First Amendment because the government is not looking to “suppress content or require a certain mix of content” on TikTok. What happens next? TikTok and ByteDance are expected to appeal the case to the Supreme Court, but it's unclear whether the court will take up the case. TikTok indicated in a statement on Friday the two companies are preparing to take their case to high court, saying the Supreme Court has “an established historical record of protecting Americans’ right to free speech." "We expect they will do just that on this important constitutional issue,” a company spokesperson said. Alan Morrison, a professor at The George Washington University Law School, said he expects the Supreme Court to take up the case because of the novelty of the issues raised in the lawsuit. If that happens, attorneys for the two companies still have to convince the court to grant them an emergency stay that will prevent the government from enforcing the Jan. 19 divestiture deadline stipulated in the law, Morrison said. Such a move could drag out the process until the Justices make a ruling. Tiffany Cianci, a TikTok content creator who has supported the platform, said she was not shocked about the outcome of the court's ruling on Friday because lower courts typically defer to the executive branch on these types of cases. She believes the company will have a stronger case at the Supreme Court. “I believe that the next stages are more likely to produce a victory for TikTokers and for TikTok as a whole,” Cianci said. What about Trump? Another wild card is President-elect Donald Trump, who tried to ban TikTok during his first term but said during the recent presidential campaign that he is now against such action . The Trump transition team has not offered details on how Trump plans to carry out his pledge to “save TikTok." But spokeswoman Karoline Leavitt said in a statement last month that he plans to “deliver” on his campaign promises. After Trump takes office on Jan. 20th, it would fall on his Justice Department to enforce the law and punish any potential violators. Penalties would apply to any app stores that would violate a prohibition on TikTok and to internet hosting services which would be barred from supporting it. Some have speculated that Trump could ask his Justice Department to abstain from enforcing the law. But tech companies like Apple and Google, which offer TikTok's app on their app stores, would then have to trust that the administration would not come after them for any violations. Craig Singleton, senior director of the China program at the Foundation for Defense of Democracies, said enforcement discretion — or executive orders — can not override existing law, leaving Trump with “limited room for unilateral action." There are other things Trump could potentially do. It's possible he could invoke provisions of the law that allow the president to determine whether a sale or a similar transaction frees TikTok from “foreign adversary” control. Another option is to urge Congress to repeal the law. But that too would require support from congressional Republicans who have overwhelmingly supported the prospect of getting TikTok out of the hands of a Chinese company. In a statement issued Friday, Republican Rep. John Moolenaar of Michigan, chairman of the House Select Committee on China, said he was “optimistic that President Trump will facilitate an American takeover of TikTok” and allow its continued use in the United States. Is anyone trying to buy TikTok? ByteDance has said it won't sell TikTok . And even if it wanted to, a sale of the proprietary algorithm that powers TikTok is likely to get blocked under Chinese export controls that the country issued in 2020. That means if TikTok is sold without the algorithm, its likely that the buyer would only purchase a shell of the platform that doesn't contain the technology that made the app a cultural powerhouse. Still, some investors, including Trump’s former Treasury Secretary Steven Mnuchin and billionaire Frank McCourt, have expressed interest in buying it. This week, a spokesperson for McCourt’s Project Liberty initiative, which aims to protect online privacy, said participants in their bid have made informal commitments of more than $20 billion in capital. The spokesperson did not disclose the identity of the participants. Haleluya Hadero, The Associated PressMadison Metals Announces $2.0 Million Non-Brokered Private Placement
Collins 3-5 0-0 6, Pelote 5-11 1-2 13, Emery 3-12 1-2 9, Morgan 1-2 0-0 2, Stansberry 2-11 2-2 7, Hyland 2-6 0-0 5, Kell 2-3 1-2 5, Livingston 3-6 3-4 10, McKey 0-0 0-0 0, F.Brown 0-1 0-0 0, Lemon 1-1 0-0 2, Kama.Jones 1-2 0-0 3, Car.Brown 0-0 0-0 0, White 0-0 0-0 0. Totals 23-60 8-12 62. Story continues below video Gold 5-11 0-0 12, Joplin 3-7 1-2 9, Kam.Jones 9-14 0-0 20, Mitchell 4-6 0-0 10, Ross 1-2 3-4 6, Parham 3-10 1-2 9, Lowery 3-6 0-0 8, Norman 1-3 0-0 2, Owens 3-3 0-0 7, Hamilton 4-6 1-2 9, Ciardo 1-3 0-0 2, O'Malley 0-0 0-0 0, Anderson 0-0 0-0 0, Cam.Brown 0-0 0-0 0, Lucas 0-1 0-0 0. Totals 37-72 6-10 94. Halftime_Marquette 49-30. 3-Point Goals_W. Carolina 8-27 (Pelote 2-6, Emery 2-8, Hyland 1-1, Kama.Jones 1-2, Livingston 1-2, Stansberry 1-7, Morgan 0-1), Marquette 14-40 (Mitchell 2-3, Kam.Jones 2-4, Lowery 2-4, Joplin 2-6, Gold 2-7, Parham 2-7, Owens 1-1, Ross 1-2, Ciardo 0-2, Hamilton 0-2, Norman 0-2). Rebounds_W. Carolina 31 (Pelote 8), Marquette 35 (Kam.Jones 6). Assists_W. Carolina 15 (Hyland 6), Marquette 21 (Kam.Jones 10). Total Fouls_W. Carolina 13, Marquette 16. A_15,442 (17,500).
