Naval chief stresses need for increasing int'l defence cooperation for regional stabilityRebuilding Democracy in Syria Will Require “Struggle From Below”BigBear.ai ( BBAI 9.58% ) stock is rocketing higher in Thursday's trading. The company's share price was up 12.8% as of 3:15 p.m. ET and had been up as much as 22.6% earlier in the day's session. BigBear.ai is surging today thanks to meme stock momentum. Meme stocks have enjoyed bullish energy lately, and BigBear's share price has seen explosive gains recently on the heels of a report which raised the possibility that the company could be the next Palantir . BigBear.ai rallies on continued meme stock momentum On Dec. 2, The Economic Times published an article discussing Bigbear.ai and whether the stock had the potential to deliver multibagger returns comparable to recent gains posted by Palantir -- a leader in artificial intelligence ( AI ) technologies. While there wasn't any new information contained in the report, the write-up was enough to help spur big gains for BigBear.ai's share price. In conjunction with expectations that next year could bring new rounds of cuts for interest rates and corporate taxes and a more lax regulatory climate, meme stocks have been posting explosive gains lately. BigBear.ai stock is now up roughly 82% over the last month. What's next for BigBear.ai stock? BigBear.ai has been an explosive winner lately, and it's possible that the company's market-crushing gains will continue in the near term. Investors are on the hunt for the next big opportunity in the AI software space, and the announcement of new contract wins and solid financial results could have the effect of pushing the software specialist's valuation above current levels. On the other hand, investors should probably move forward with the understanding that recent gains for the stock have not been driven by any breakthroughs in fundamental business performance. With the company's share price climbing thanks to meme stock momentum and excitement surrounding the broader AI software category, BigBear.ai looks riskier on the heels of its recent rally.
Storm Bert is set to hit Northern Ireland this evening The Department of Agriculture, Environment and Rural Affairs (DAERA) has advised the public not to visit any country parks or forests due to weather warnings as a result of Storm Bert. The Met Office has issued a major update for people across the UK as a new storm is set to strike, with a yellow weather warning in place for Northern Ireland across Saturday for rain and snow. In a post on social media DAERA said: “In line with current @metofficeNI weather warning for high winds, we are advising the public not to visit affected forests, country parks & nature reserves on Sat 23 & Sun 24 Nov in affected areas until the high winds subside.” Traffic Watch NI has also warned of travel delays and disruption due to the weather and warned some ferry, air and rail journeys may be delayed. “A period of strong southeasterly winds is likely for a time on Saturday, with peak gusts of 50-60 mph in many parts of the warning area, but 60-70 mph in some coastal areas and also locally to the lee (northwest) of high ground, and perhaps in excess of 70 mph along some exposed coasts of Northern Ireland and western Scotland,” they said. "Outbreaks of rain on Friday night and into Saturday morning may be preceded by a spell of snow for a time, especially on high ground in northern and western areas. "Exactly where snow falls will depend quite heavily on both elevation and the intensity of precipitation, with any snow accumulations at low levels likely small and fairly short-lived. “However, there is the chance of temporary accumulations of 5-10 cm on ground typically above 150m and perhaps as much as 10-20 cm over mountain tops. "Any snow will quickly revert to rain on Saturday morning, with rain accumulations of 20-30 mm likely fairly widely, and perhaps as much as 40-60 mm on more exposed hills. “This, in conjunction with a rapid thaw of any lying snow, may cause some surface water and river flooding.” Salting of roads across Northern Ireland is also planned for Friday evening and for Saturday morning. Road users are advised to exercise caution when travelling, particularly when driving on untreated roads. Earlier today, Northern Ireland Water confirmed Silent Valley will be closed on both Saturday and Sunday and is scheduled to reopen on Monday due to the weather. Police have also warned drivers commuting to “drive to suit conditions” as a new warning is set to come into place due to the storm on Saturday. Translink have warned rural service routes such as Ballyclare, Larne, Cookstown, Ballymena and Magherafelt have all been impacted. Services from Belfast, Newcastle and Omagh did not run on this morning. The Met Office noted a risk of flooding power outages and delays as heavy rain, snow strong winds are expected ahead of further challenging conditions.After striking out last offseason on , the are reportedly back in the fold for his services as they are among a few teams who have spoken to the Cubs for a potential trade, reports . Bellinger, who signed a three-year, $80 million contract with the Chicago Cubs prior to the start of the 2024 season, exercised his 2025 player option worth $27.5 million, but it appears the Cubs are trying to trade the outfielder/first baseman after he slashed .266/.325/.426 with 18 home runs and 78 RBI in 130 games. New York is not alone in contacting the Cubs as the Houston Astros and Seattle Mariners have also reached out, per Levine. Still, Chicago may have a difficult time moving the former MVP due to his salary. According to Levine, the Cubs do not want to cover much of the remaining money owed to Bellinger, which could be an issue as that other teams feel Chicago will either need to pay down a portion of his salary or take on another contract in order to get a decent return. After signing a one-year deal worth $17.5 million with the Cubs in 2023 following six seasons with the Los Angeles Dodgers where the latter half did not go as planned, Bellinger bounced back to the tune of a .307/.356/.525 slash line with 26 home runs, 97 RBI and a career-high 20 steals in 130 games. That production earned him a well-deserved three-year contract. Although the 29-year-old had a solid campaign last season, his numbers pale in comparison to his 2023 production and he was injured twice. Furthermore, with Chicago's influx of young talent, especially in the outfield, on the horizon and a trio of players with no-trade clauses, trading Bellinger would make the most sense. For the Yankees, if they were to lose out on the sweepstakes, Bellinger in right field could be a nice consolation prize. If they were to keep Soto in the Bronx, Bellinger could still play first base for New York with the departure of .
Kotaku’s Weekend Guide: 4 Sweet Games We Can’t Wait To Dive Back IntoFate of Matt Gaetz's bombshell ethics report revealed The committee met for the first time Thursday since Gaetz resigned CLICK HERE: Sign up for DailyMail.com's daily U.S. politics newsletter By JON MICHAEL RAASCH, POLITICAL REPORTER ON CAPITOL HILL, FOR DAILYMAIL.COM Published: 23:07 GMT, 5 December 2024 | Updated: 23:19 GMT, 5 December 2024 e-mail 38 View comments Republicans defeated an effort by Democrats to force the release of a bombshell ethics report into MAGA firebrand Matt Gaetz. The House Ethics Committee has been investigating allegations that Trump's former attorney general pick Gaetz had sex with a minor and did illegal drugs while a federal employee. Multiple reports indicating Gaetz paid two girls over $10,000 for sex, and that he inquired about them bringing 'party favors' - slang for drugs - led to the demise of his AG nomination as GOP senators expressed many reservations about his past. Gaetz has repeatedly denied all of the allegations and likened the Ethics Committee's investigation as a smear campaign against him. After a high-stakes Ethics Committee meeting earlier Thursday, the bipartisan panel said they would not put out the report. 'The Committee met today to discuss the matter of Representative Matt Gaetz. The Committee is continuing to discuss the matter. There will be no further statements other than in accordance with the Committee and House Rules .' But Democratic Reps. Sean Casten of Illinois and Steve Cohen of Tennessee had both offered resolutions to force a vote on releasing the committee's report. Those resolutions were voted down on the House floor by Republicans on Thursday evening, delivering a blow to the Democrats' plan. Former Rep. Matt Gaetz (L) the President-elect Donald Trump's nominee to be Attorney General walks alongside Vice President-elect JD Vance (R) as they arrive for meetings with Senators at the U.S. Capitol on November 20, 2024 in Washington, D.C. The following day Gaetz withdrew his nomination for AG The House Ethics Committee convened on Thursday to discuss ex-Rep. Matt Gaetz pending report regarding sexual misconduct and drug use allegations The House Ethics Committee decided against releasing the Gaetz report on Thursday Many Democrats have called for its release, while Republicans say publishing the report on the former lawmaker is no longer important given he withdrew his nomination to become attorney general on November 21, just over a week after he was nominated and resigned his congressional seat. Two weeks ago, the panel deadlocked on whether they should release the file, opted against taking any action and planned a follow up session for today. Thursday's afternoon meeting again revolved around discussing whether they should publish the potentially damaging file, though they ultimately chose against it for now. Gaetz's longtime rival, former Speaker Kevin McCarthy , who Gaetz ousted from power last year, has said the former Florida Republican was looking for an excuse to get out of Congress and away from the potentially disastrous report. 'Matt wanted an out,' McCarthy said on NewsNation on Wednesday. 'He wanted [the] excuse to resign, even though other people have been nominated, but they didn’t resign from Congress.' Because of the committee's decision, the report should not see the light of day. However, Democrats still attempted to get the report into the public eye by forcing votes on its release on the House floor. Releasing it would break with past precedent set by the panel that no longer has jurisdiction over Gaetz after he resigned from Congress one day after being tapped to be the nation's highest law enforcement official. Speaker Mike Johnson , R-La., has previously come out firmly against the report's release, saying he strongly advises against it, but the committee decided to vote on it any way. Bombshell testimony from Orlando-based attorney Joel Leppard, who represents two women who claim to have information on Gaetz's allegedly lurid past, fueled lawmaker's and the public's demand to see the file. Gaetz allegedly partied, used drugs and paid women for sex repeatedly between 2017 and 2019 while serving in the House of Representatives , Leppard claims. Former U.S. Rep. Matt Gaetz (C) and wife Ginger Luckey Gaetz talk with another guest at the America First Policy Institute Gala held at Mar-a-Lago on November 14, 2024 in Palm Beach. Joel Leppard of Leppard Law is representing two women making allegations against Rep. Matt Gaetz The allegations have been central to the House Ethics Committee investigation into the ex-lawmaker as the women have reportedly testified before the panel. The Republican attended up to 10 'sex parties' where illegal drugs and 'group sex situations' were present, according to Leppard. Both women represented by Leppard allege that Gaetz paid them for sex via Venmo , the attorney claims. Gaetz paid upwards of $10,000 dollars to two women on Venmo between 2017 - 2019 , ABC News reports. 'She testified [that] in July of 2017, at this house party, she was walking out to the pool area, and she looked to her right, and she saw Rep. Gaetz having sex with her friend, who was 17,' Leppard said Monday. One of the witnesses alleges that she saw her friends having sex with Gaetz at a party in July 2017 against a game table thought to be an air hockey table. The unnamed witness also says that her friend was 17 years old at the time. Politics Capitol Hill Democrats Matt Gaetz Share or comment on this article: Fate of Matt Gaetz's bombshell ethics report revealed e-mail Add commentThe general secretary of BNP's Shiddhirganj upazila unit, Iqbal Hossain, has been suspended after assaulting a bus driver and a journalist in Narayanganj yesterday. The incident took place on Dhaka-Chattogram highway in Sanarpar area. Passengers said Iqbal became enraged over a trivial matter and, with his supporters, assaulted the driver and vandalised the bus. Journalist Minhaj Aman, a passenger, was also attacked while trying to protect the driver. Both sustained injuries. The attackers left after handing the driver Iqbal's visiting card, according to the driver. In a press release signed by Ruhul Kabir Rizvi, BNP announced Iqbal's suspension, citing his harassment of journalist Minhaj Aman. Shahinur Alam, OC of Shiddhirganj Police Station, said no formal complaint has been filed yet. The general secretary of BNP's Shiddhirganj upazila unit, Iqbal Hossain, has been suspended after assaulting a bus driver and a journalist in Narayanganj yesterday. The incident took place on Dhaka-Chattogram highway in Sanarpar area. Passengers said Iqbal became enraged over a trivial matter and, with his supporters, assaulted the driver and vandalised the bus. Journalist Minhaj Aman, a passenger, was also attacked while trying to protect the driver. Both sustained injuries. The attackers left after handing the driver Iqbal's visiting card, according to the driver. In a press release signed by Ruhul Kabir Rizvi, BNP announced Iqbal's suspension, citing his harassment of journalist Minhaj Aman. Shahinur Alam, OC of Shiddhirganj Police Station, said no formal complaint has been filed yet.
Empowered Funds LLC grew its holdings in Third Coast Bancshares, Inc. ( NASDAQ:TCBX – Free Report ) by 5.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 28,253 shares of the company’s stock after buying an additional 1,340 shares during the period. Empowered Funds LLC’s holdings in Third Coast Bancshares were worth $756,000 at the end of the most recent quarter. Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Federated Hermes Inc. lifted its holdings in Third Coast Bancshares by 196.6% during the 2nd quarter. Federated Hermes Inc. now owns 1,649 shares of the company’s stock valued at $35,000 after purchasing an additional 1,093 shares during the last quarter. Russell Investments Group Ltd. raised its position in shares of Third Coast Bancshares by 121.7% in the first quarter. Russell Investments Group Ltd. now owns 1,822 shares of the company’s stock valued at $36,000 after purchasing an additional 1,000 shares during the period. Acadian Asset Management LLC acquired a new stake in shares of Third Coast Bancshares during the 1st quarter worth about $54,000. SG Americas Securities LLC bought a new stake in shares of Third Coast Bancshares during the 3rd quarter worth about $115,000. Finally, AQR Capital Management LLC bought a new stake in shares of Third Coast Bancshares during the 2nd quarter worth about $255,000. 36.88% of the stock is currently owned by institutional investors. Third Coast Bancshares Price Performance TCBX opened at $36.12 on Friday. Third Coast Bancshares, Inc. has a fifty-two week low of $16.52 and a fifty-two week high of $36.20. The company’s 50 day moving average price is $29.91 and its two-hundred day moving average price is $24.87. The firm has a market capitalization of $494.12 million, a price-to-earnings ratio of 14.16 and a beta of 0.27. Analyst Upgrades and Downgrades TCBX has been the topic of several research analyst reports. Keefe, Bruyette & Woods reissued an “outperform” rating and issued a $28.00 price target (up from $26.00) on shares of Third Coast Bancshares in a report on Monday, July 29th. Deutsche Bank Aktiengesellschaft increased their target price on Third Coast Bancshares from $22.00 to $26.00 and gave the stock a “hold” rating in a research note on Monday, July 29th. View Our Latest Stock Report on Third Coast Bancshares Third Coast Bancshares Profile ( Free Report ) Third Coast Bancshares, Inc operates as a bank holding company for Third Coast Bank, SSB that provides various commercial banking solutions to small and medium-sized businesses, and professionals. The company's deposit products include checking, savings, individual retirement, and money market accounts, as well as certificates of deposit. Featured Stories Want to see what other hedge funds are holding TCBX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Third Coast Bancshares, Inc. ( NASDAQ:TCBX – Free Report ). Receive News & Ratings for Third Coast Bancshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Third Coast Bancshares and related companies with MarketBeat.com's FREE daily email newsletter .Major stock indexes on Wall Street drifted to a mixed finish Friday, capping a rare bumpy week for the market. The S&P 500 ended essentially flat, down less than 0.1%, after wavering between tiny gains and losses most of the day. The benchmark index posted a loss for the week, its first after three straight weekly gains. The Dow Jones Industrial Average slipped 0.2%, while the Nasdaq composite rose 0.1%, ending just below the record high it set on Wednesday. There were more than twice as many decliners than gainers on the New York Stock Exchange. Gains in technology stocks helped temper losses in communication services, financials and other sectors of the market. Broadcom surged 24.4% for the biggest gain in the S&P 500 after the semiconductor company beat Wall Street’s profit targets and gave a glowing forecast, highlighting its artificial intelligence products. The company also raised its dividend. The company's big gain helped cushion the market's broader fall. Pricey stock values for technology companies like Broadcom give the sector more weight in pushing the market higher or lower. Artificial intelligence technology has been a focal point for the technology sector and the overall stock market over the last year. Tech companies, and Wall Street, expect demand for AI to continue driving growth for semiconductor and other technology companies. Some tech stocks were a drag on the market. Nvidia fell 2.2%, Meta Platforms dropped 1.7% and Google parent Alphabet slid 1.1%. Among the market's other decliners were Airbnb, which fell 4.7% for the biggest loss in the S&P 500, and Charles Schwab, which closed 4% lower. Furniture and housewares company RH, formerly known as Restoration Hardware, surged 17% after raising its forecast for revenue growth for the year. All told, the S&P 500 lost 0.16 points to close at 6,051.09. The Dow dropped 86.06 points to 43,828.06. The Nasdaq rose 23.88 points to 19,926.72. Wall Street's rally stalled this week amid mixed economic reports and ahead of the Federal Reserve's last meeting of the year. The central bank will meet next week and is widely expected to cut interest rates for a third time since September. Expectations of a series of rate cuts has driven the S&P 500 to 57 all-time highs so far this year . The Fed has been lowering its benchmark interest rate following an aggressive rate hiking policy that was meant to tame inflation. It raised rates from near-zero in early 2022 to a two-decade high by the middle of 2023. Inflation eased under pressure from higher interest rates, nearly to the central bank's 2% target. The economy, including consumer spending and employment, held strong despite the squeeze from inflation and high borrowing costs. A slowing job market, though, has helped push a long-awaited reversal of the Fed's policy. Inflation rates have been warming up slightly over the last few months. A report on consumer prices this week showed an increase to 2.7% in November from 2.6% in October. The Fed's preferred measure of inflation, the personal consumption expenditures index, will be released next week. Wall Street expects it to show a 2.5% rise in November, up from 2.3% in October. The economy, though, remains solid heading into 2025 as consumers continue spending and employment remains healthy, said Gregory Daco, chief economist at EY. “Still, the outlook is clouded by unusually high uncertainty surrounding regulatory, immigration, trade and tax policy,” he said. Treasury yields edged higher. The yield on the 10-year Treasury rose to 4.40% from 4.34% late Thursday. European markets slipped. Britain's FTSE 100 fell 0.1%. Britain’s economy unexpectedly shrank by 0.1% month-on-month in October, following a 0.1% decline in September, according to data from the Office for National Statistics. Asian markets closed mostly lower.
The common murre, a large black-and-white seabird native to northern waters, has become far less common in Alaska over the past decade due to the impacts of climate change. A study published Thursday in Science reveals that a record-breaking marine heat wave in the northeast Pacific from 2014 to 2016 triggered a catastrophic population collapse, wiping out four million birds -- about half the species in the region. Strikingly, they have shown little signs of rebounding, suggesting long-term shifts in the food web that have locked the ecosystem into a troubling new equilibrium. "There's a lot of talk about declines of species that are tied to changes in temperature, but in this case, it was not a long term result," lead author Heather Renner of the Alaska Maritime National Wildlife Refuge told AFP. "To our knowledge, this is the largest mortality event of any wildlife species reported during the modern era," she and her colleagues emphasized in their paper. The finding triggers "alarm bells," Renner said in an interview, as human-caused climate change makes heat waves more frequent, intense, and longer-lasting. With their dapper, tuxedoed look, common murres are sometimes called the "penguins of the north." Their slender wings power them across vast distances in search of food and make them expert divers. But even these hardy seabirds were no match for an unprecedented environmental catastrophe. The largest marine heat wave ever recorded began in the late fall of 2014, spanning a massive swath of the northeast Pacific Ocean from California to Alaska. It persisted for over two years, leaving devastation in its wake. During this time, some 62,000 emaciated murres washed ashore along the North American Pacific coastline -- dead or dying from starvation. Experts point to two key reasons for the bird deaths: elevated ocean temperatures reduced both the quality and quantity of phytoplankton, impacting fish like herring, sardines, and anchovies -- the mainstay of the murre diet. At the same time, warmer waters increased the energy demands of larger fish, such as salmon and Pacific cod, which compete with murres for the same prey. "We knew then it was a big deal, but unfortunately, we couldn't really quantify the effects," explained Renner. For years after the event, breeding colonies failed to produce chicks, complicating efforts to assess the full impact. More from this section Earlier estimates pegged the number of deaths at around a million, but a more robust analysis -- drawing on data from 13 murre colonies -- revealed the toll was four times higher. "It is just so much worse than we thought it was," Renner said of the new findings. The marine heat wave didn't just impact common murres. Pacific cod stocks collapsed, king salmon populations dwindled, and as many as 7,000 humpback whales perished. Yet the crisis created an uneven playing field: some species emerged unscathed, while others even thrived. Thick-billed murres, which often share nesting cliffs with common murres, were largely unaffected, possibly due to their more adaptable diet, Renner noted. For common murres, however, the fallout lingers. Despite nearly a decade since the heat wave, their numbers show no sign of bouncing back -- and the losses may well be permanent. Part of the reason lies in the long-term decline of some of their prey. Another factor is murres' survival strategy relies on numbers: they aggregate in massive colonies to protect their eggs from opportunistic predators like eagles and gulls. With their populations slashed, these birds have lost their critical safety buffer. Still, Renner offered a glimmer of hope. While addressing global warming is essential for curbing long-term climate change, conservation efforts can make a difference in the short term, she said. Removing invasive species like foxes and rats from murre nesting islands could also provide the beleaguered birds with a fighting chance. ia/des
Eric Bieniemy out as UCLA's offensive coordinator. AP source says Tino Sunseri tabbed as replacement