BLUE WHALE GROWTH: Fund's prediction... a fall in share prices of US big tech
Global equity markets witnessed an upward trend on Monday, primarily driven by rallies in Wall Street's megacap stocks like Nvidia Corp and Broadcom Inc, even as U.S. consumer confidence took a hit, leading to expectations of reduced rate cuts in 2025. The U.S. consumer confidence index dropped in December, while orders for durable goods fell, adding to investor concerns. Despite these factors, major indexes such as Nasdaq and the S&P 500 managed to remain buoyant, bolstered by robust performances from key stocks. U.S. Treasury yields climbed significantly, reflecting market adjustments to anticipated Federal Reserve policies. In the currency markets, the dollar advanced while commodity prices like oil and gold edged lower, influenced by a stronger dollar and high yields. (With inputs from agencies.)
In response to GOP state representative Greg Overstreet’s guest column , (Big Sky Voices, Dec. 21) “Our legislators are just like you,” I must say that none of the Republicans mentioned in his column are in any way like me. A job doesn’t make a person. Instead, it’s a person’s integrity and ability to make decisions based on reality that matter. It’s safe to say that every Republican Overstreet listed voted for Donald Trump, a man found civilly liable for sexual abuse, a convicted felon, an adulterer, a serial liar, and, in general, a disreputable, vindictive human being. But, apparently, as long as Trump hates the same people they hate, he gets their vote. So much for integrity! Part of integrity is having consistent values. Why are so many Republicans bent out of shape that transgender people be allowed to make decisions about their own bodies, when the vast majority of Republicans think nothing about instructing a doctor to take a knife to the penis of any newborn sons they have? Obviously, it’s not the genital surgery that matters. It’s the bigotry. Many of those same Republicans proudly use Christianity as a club while ignoring the reality of what is actually in the Bible. Denying a woman’s right to abortion is the most prevalent example of this. The Bible clearly gives instructions for forcing a woman to miscarry in Numbers 5:11-31, and elsewhere it states that life begins at first breath. It’s one reason few Christian sects spoke out about Roe v. Wade until it became a political issue they could profit from. Also, part of ignoring reality is the Republican Christian Nationalist claim that the United States was founded as a “Christian nation.” Again, there is written evidence to the contrary. The English version of The Treaty of Tripoli was read aloud in the U.S. Senate and unanimously approved before President John Adams signed it on June 10, 1797. Article 11 of that treaty states, “As the Government of the United States of America is not, in any sense, founded on the Christian religion...” And then there is the science of climate change. That Donald Trump called climate change a hoax doesn’t make it so. Facts don’t care what Trump says, but, obviously, Republicans are willing to ignore the science — endangering their own children and grandchildren — both in the name of greed and in submission to their authoritarian leader. On the subject of greed, how are an overwhelming percentage of Republicans able to reconcile their claims of Christianity while being led by a billionaire president, who campaigned with the richest man in the world, and will soon give the rich massive tax cuts while cutting programs for seniors, the sick, and the poor? Isn’t that the opposite of what Jesus preached in the Bible? So, no, I am not at all like Mr. Overstreet and his Republican associates. And neither are the roughly 40% of Montanans who voted against most things they stand for. We may be a minority — for now — but 50 years from now, when students study this era in history classes, it will be the Republicans, not the rest of us, who they’ll look at as they shake their heads in sadness and disbelief. Marty Essen is a college speaker and multi-award-winning author of three nonfiction and five fiction books. His latest, “The Silver Squad: Rebels With Wrinkles,” will be published on Jan. 10, 2025. Catch the latest in Opinion Get opinion pieces, letters and editorials sent directly to your inbox weekly!A Bright scooter rider remains in hospital with severe injuries after crashing into a tree. or signup to continue reading The 30-year-old man was found with major head and neck injuries on the Murray to Mountains Rail Trail at Bright on Sunday morning. A nearby resident found the man, who had been on an electric scooter, about 11.30am on December 8. Paramedics attended and treated the man at the scene. He was flown to the Royal Melbourne Hospital by an air ambulance and remains in an induced coma on Wednesday. He had been wearing a helmet at the time of the incident. DAILY Today's top stories curated by our news team. WEEKDAYS Grab a quick bite of today's latest news from around the region and the nation. WEEKLY The latest news, results & expert analysis. WEEKDAYS Catch up on the news of the day and unwind with great reading for your evening. WEEKLY Get the editor's insights: what's happening & why it matters. WEEKLY Love footy? We've got all the action covered. WEEKLY Every Saturday and Tuesday, explore destinations deals, tips & travel writing to transport you around the globe. WEEKLY Going out or staying in? Find out what's on. WEEKDAYS Sharp. Close to the ground. Digging deep. Your weekday morning newsletter on national affairs, politics and more. 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Guessing game over Trump's Treasury pick adds to US bond market's negative moodOlder siblings everywhere could appreciate John Harbaugh's refusal to concede an inch against his younger brother Jim. Even when his Baltimore Ravens faced fourth down at their 16-yard line in the second quarter, John wasn't giving up the ball without a fight. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.CDA pushes for eco-friendly public transport
Independence Blue Cross launches Epic Payer Platform to transform care coordination and boost member health outcomes
Beyond Bank Australia leverages Cognizant's expertise to modernize IT infrastructure and enhance operational resilience. SYDNEY and TEANECK, N.J. , Dec. 11, 2024 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) has announced a collaboration with Beyond Bank Australia , one of Australia's largest customer-owned banks, to help revolutionize the digital banking experience. The collaboration aims to enhance operational resilience, streamline processes and improve customer experience through the implementation of innovative technology solutions. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.
Clara Strack and Georgia Amoore each scored 21 points on Saturday to help No. 16 Kentucky beat visiting Western Kentucky 88-70 in Lexington. Teonni Key netted 15 points, Amelia Hassett paired nine points with 12 rebounds and Saniah Tyler scored 11 off the bench for the Wildcats (11-1), who won their fourth straight game. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. As property values continue to outpace inflation, property taxes are taking a bigger bite out of homeowners’ wallets. A new analysis from Construction Coverage breaks down property tax rates by state, county, and city to reveal where homeowners have the greatest burden. Click for more. Where Are U.S. Property Taxes Highest and Lowest? A State, County, and City AnalysisPete Hegseth, President-elect Donald Trump's nominee for Secretary of Defense, is continuing to meet with Senators who will decide whether to approve his elevation to the post. There are still questions about reported sexual misconduct allegations, allegations of mismanagement of funds while leading a veterans' charitable organization, and questions about alcohol and drinking issues that he reportedly had while working at Fox News. Those questions have reportedly come up with Hegseth's meetings with senators. Hegseth met Monday with Sen. Joni Ernst, a Republican from Iowa, who is herself a military veteran and a sexual assault survivor. Sen. John Cornyn on Tuesday told reporters he has learned more about Hegseth's reported history with alcohol. "[Hegseth] admitted that coming back from deployment he and a lot of his young single service members did enjoy drinking and partying. I don't find that unusual or abnormal," Cornyn said. "He doesn't currently believe that he has a problem. He has in the past consumed alcohol, but I don't think he would be unique here on Capitol Hill or in the Pentagon for having done that." RELATED STORY | Trump doubles down on support for Hegseth amid contentious nomination process Cornyn and other Republican senators have also reiterated that the allegations of sexual misconduct against Hegseth so far come from anonymous accusers. It's still not clear if accusers would come forward before or during confirmation hearings. Hegseth is expected to meet soon with Republican Sen. Lisa Murkowski of Alaska, another pivotal voice in the Senate who could lend crucial support to Hegseth's nominations. Republicans have a large enough majority in the next Congress to not need Democratic votes to confirm any of Trump's cabinet nominations — but that majority is still slim enough that the party can sustain only a few defections.
MetLife Inc. stock rises Tuesday, still underperforms marketHOUSTON — Houston Texans receiver Tank Dell will miss the remainder of the season after dislocating a knee and tearing an ACL in a loss to Kansas City on Saturday. Coach DeMeco Ryans revealed the details of his injury Monday before announcing that Dell would have season-ending surgery for a second straight year. He fractured his fibula in Week 13 against the Broncos as a rookie last season and had surgery on it the following day. “He dislocated the knee, he tore the ACL, other things there he’ll have to get repaired," Ryans said. “So he’ll be out for the year.” Ryans didn't have a date for Dell's surgery for this injury, but said it would be soon. Dell was injured on a 30-yard touchdown catch in Houston’s 27-19 loss Saturday. He was coming across the back of the end zone and made the spectacular catch on a pass from C.J. Stroud before colliding with Houston teammate Jared Wayne on the way to the ground. Dell immediately grabbed at his knee and Wayne signaled for team trainers, who spent several minutes working on the wide receiver while teammates waited anxiously. Dell was eventually placed on a stretcher and driven in a covered medical cart off the field, and then he was taken to the hospital. He stayed in the hospital overnight before flying back to Houston on Sunday. Stroud, who is so close to Dell that he considers him a brother, cried the entire time the receiver was down on the field and for a while after he was taken away. “It was just not easy for me to sit there and be emotional,” Stroud said Monday. “But it’s something that we all go through in life and it’s easy to be a fake tough guy. It’s easy to go through life acting like everything doesn’t affect you, but deep down we all know we’re going through something.” Some criticized Stroud for crying. But he believes a display of emotion such as that was important to remind people of the human aspect of this game and the toll it can take on players. “It’s good for young men and women out there, kids who are brought up — and I was taught this too as a kid, not from my parents but just from the world, don’t let anybody see you emotional,” he said. “Don’t let anybody see you down and yeah there’s some truth to that in in certain aspects, but there’s also life and I think it was good for people to see me in that light and knowing that there is still a human factor to me and I’m a normal person.” Aaron Rodgers is still contemplating his playing future. The star quarterback knows if he returns to the field, it might be out of hands whether it's with the New York Jets. The 41-year-old Rodgers said last week that he'll take some time after this season, his 20th in the NFL, to determine what he wants to do next. On Monday, he suggested a decision on whether he'll return with the Jets could be made for him the day after the team's regular-season finale. “I think there’s a world where they just say, ‘Hey, thank you, we’re going to go in another direction’ on Jan. 6,” Rodgers said during his weekly appearance on “The Pat McAfee Show.” “That’s a possibility,” he added. "I think there’s also a possibility we’re going to wait and see who the new staff is.” Get local news delivered to your inbox!
Two major automakers are joining forces to survive