AP Sports SummaryBrief at 4:39 p.m. ESTG2 Goldfields Provides Update on G3 Spin-OutNEW YORK, Dec. 12, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Light & Wonder, Inc. (NASDAQ: LNW) resulting from allegations that Light & Wonder may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Light & Wonder securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses. WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=29678 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. WHAT IS THIS ABOUT: On September 24, 2024, the Las Vegas Review-Journal published an article entitled “Slot manufacturer scores major win against Las Vegas-based rival.” It stated that “Aristocrat Technologies Inc.’s request for a preliminary injunction in its trade-secret and copyright infringement lawsuit against Light & Wonder” had been granted, and that the “order prohibits [Light & Wonder] from the ‘continued or planned sale, leasing, or other commercialization of Dragon Train,’ which Aristocrat claims uses intellectual property developed for its Dragon Link and Lightning Link games.” On this news, the price of Light & Wonder common stock fell 19.49% on September 24, 2024. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm , on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/ . Attorney Advertising. Prior results do not guarantee a similar outcome. ------------------------------- Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 case@rosenlegal.com www.rosenlegal.com
Coralogix , the well-funded observability platform, on Monday announced that it has acquired Aporia, a startup that focuses on giving businesses tools to observe and secure their AI workloads, as well as set guardrails for them to avoid hallucinations or unintended disclosures. As part of this acquisition, Coralogix will launch a dedicated AI research center, Coralogix AI, which will be led by Aporia co-founders CEO Liran Hason and CTO Alon Gubkin. Aporia’s technology will be integrated into Coralogix’ service. “This acquisition is a significant step for us. Using Aporia’s technology and expertise, hundreds of AI teams already using Coralogix today will be able to enjoy high-quality visibility, protection, and control over their AI systems,” said Coralogix CEO Ariel Assaraf. The overall idea here is to use Aporia as part of a new unified monitoring platform for both AI and more traditional workloads that give users insights into their data pipelines, infrastructure, applications, and AI systems, the company says. Coralogix was founded in 2014, and while it offers a wide range of monitoring, analytics, and security services — as well as AI tools on its own platform — the company didn’t have dedicated tools for monitoring AI systems. Acquiring Aporia closes this hole. Aporia was founded in 2019, well before the latest round of hype around large language models but already with a focus on machine learning. Since its launch, the company raised a total of $30 million, with the last round being a $25 million Series A in 2022. Investors include Tiger Global, TLV Partners, Samsung Next, and Vertex Ventures. The two companies did not disclose the price of the acquisition, but the announcement fits a wider trend we’re seeing these days where larger platforms acquire point solutions as the market — and enterprise budgets — prefers full-stack platforms. “This expansion strengthens Coralogix’s commitment to taking our AI strategy and delivering the best tech to our customers. Our new research center will foster AI innovation and collaboration, providing our clients with the tools and environment needed to drive the future of AI systems,” siad Coralogix CTO Yoni Farin.SunCoke Energy stock soars to 52-week high of $12.81Blame it on the food and drink?
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Article content OTTAWA — Canadian border officials told members of Parliament Thursday that Canada is not a significant source of fentanyl headed into the United States. Recommended Videos Aaron McCrorie, vice-president of intelligence and enforcement at the Canada Border Services Agency, made that comment to a parliamentary committee studying the impact of president-elect Donald Trump’s plans for border security and migration. CBSA President Erin O’Gorman also said the U.S. Drug Enforcement Administration has characterized the amount coming from Canada as “slippage” — small amounts sent over for personal use, mostly by post. Trump has threatened 25 per cent tariffs against Canada and Mexico unless the two countries step up on border security to tamp down on flows of illicit fentanyl. During the presidential race, Trump also threatened to deport millions of undocumented people, stirring fears that could trigger an influx of migrants into Canada. Ottawa is compiling new measures to bolster border security through more staff and equipment in the face of Trump’s tariff threats. Prime Minister Justin Trudeau shared his border plan with the premiers during a Wednesday evening meeting, and Ottawa plans to add their suggestions into the soon-to-come package of measures. Several media outlets have reported that the tab for that could surpass $1 billion, citing confidential sources. RCMP Commissioner Michael Duheme said he was surprised to see that figure bandied about in headlines, and that he’s not clear on whether Ottawa will actually put that much into beefing up the border. He said he plans to use any additional resources coming his way for the RCMP to rely more on modern technology to enforce the Canada-U.S. border. An RCMP official said the police force currently has over 900 drones and nine helicopters located across the country, with six helicopters that occasionally provide border surveillance.Where to Watch Titans vs. Texans on TV or Streaming Live – Nov. 24 Published 3:38 pm Friday, November 22, 2024 By Data Skrive The Houston Texans (7-4) are set for a home AFC South matchup with the Tennessee Titans (2-8) on Sunday at NRG Stadium. The Texans’ game versus the Titans will be available on TV. Watch live NFL games, NFL Network, other live sports and more on Fubo. What is Fubo? Fubo is a streaming service that gives you access to your favorite live sports and shows on demand. Start your risk free trial today and watch seven hours of commercial-free football from every NFL game every Sunday. Nov 24, 2024: Titans vs. Texans Viewing Options Catch NFL action all season long on Fubo. Titans Key Players Titans Injuries Watch Thursday Night Football exclusively on Prime Video. Titans Schedule Rep your favorite NFL players with officially licensed gear. Head to Fanatics to find jerseys, shirts, hats, and much more. Texans Key Players Texans Injuries Get tickets for any NFL game this season at StubHub. Texans Schedule
Vacaville's police chief to retire at end of yearA battle between the bulls vs the bears is brewing on Wall Street , and the argument is not about where the stock market is headed in the next year or two but for the rest of the decade and beyond. Depending on who’s right, investors could be in for another lost decade — like the one from 2000 through 2009, when the S&P 500 index ended not far from where it began. Or investors could enjoy 10 years’ worth of decent gains, if not the to-the-moon returns we’ve seen lately. Analysts at Goldman Sachs kicked off the debate in late October when they released their latest 10-year forecast, which calls for total returns of 3% annualized for the S&P 500 over the next 10 years. The firm believes that’s the most likely return scenario, within a range of –1% and 7%. For context, the broad-market benchmark returned 13% over the past 10 years. Goldman’s baseline, 3% forecast would rank in the seventh percentile for 10-year S&P 500 returns going back to 1930. The forecast implies a 72% probability that the broad-market index will underperform bonds and a 33% likelihood that stocks will generate a return that trails the rate of inflation. Subscribe to Kiplinger’s Personal Finance Be a smarter, better informed investor. Sign up for Kiplinger’s Free E-Newsletters Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail. Profit and prosper with the best of expert advice - straight to your e-mail. Goldman’s rationale for the dismal outlook hinges on the market’s current, high valuation at the starting point of the fore-cast horizon — typically, high valuations signal subpar returns are ahead. But another drag on future returns is the current concentration of market value in a small number of tech-related behemoths. “Our forecast would be four percentage points greater if we exclude market concentration that currently ranks near the highest level in 100 years,” Goldman’s strategists write. They’re not the only ones sounding a super-cautious note. Looking over the span of the next seven years, analysts from asset management firm GMO expect U.S. large-company stocks to deliver returns in a range from roughly 0.5% to 3%–4% annualized — an outlook that blends a few of the firm’s scenarios into one multiyear view. “It’s not quite a lost decade, but it’s not good,” says Rick Friedman , a partner on GMO’s asset-allocation team. “You should be making 7% to 8%” considering long-term average returns, he adds. The bulls push back on stock market expectations Investment professionals at J.P. Morgan Asset Management acknowledge that the future certainly holds challenges for global financial assets. “Stubbornly elevated deficits, increasing geopolitical tensions, income inequality and a rising tendency to economic nationalism all pose threats to our outlook,” they write in a recently released forecast for long- term (10- to 15-year) market returns. In the U.S., large-capitalization stocks are particularly challenged by high valuations, which shave J.P. Morgan’s forecast for annualized returns over the period by 1.8 percentage points. Nonetheless, J.P. Morgan’s strategists and economists still expect decent returns of 6.7% a year, on average, over their forecast period. Developed-market economies will grow at a healthy clip, they believe, aided by the transformative potential of artificial intelligence to boost productivity. That trend should support higher corporate revenue growth and profit margins, especially for large companies in the U.S., according to J.P. Morgan. To investors of a certain age, that argument may sound vaguely familiar, harkening back to the promise of the internet back in the ’90s, before the dot-com bubble burst at the turn of the century, ushering in the lost decade. “AI skeptics see those high valuations as one of several signs of a tech bubble,” says the J.P. Morgan report. “But we believe today’s tech narrative is very different from the dot-com bubble of the late 1990s.” For one, AI stocks have delivered significant earnings growth to go along with those meteoric stock-price gains. And while many of the 1990s highfliers were low-quality, speculative names, today’s tech winners are marked by more-diversified revenue streams, strong balance sheets and other quality markers. Are we in for a roaring ’20s scenario? Strategist Ed Yardeni, at Yardeni Research , believes that a long-term forecast of 7% returns “might not be optimistic enough.” Instead, he sees a “roaring 2020s” scenario, with the economy growing at a year-over-year average of 3.0% and inflation moderating to 2.0% — a setup for returns more on the order of 11%. “A looming lost decade for U.S. stocks is unlikely if earnings and dividends continue to grow at solid paces, boosted by higher profit margins thanks to better technology-led productivity growth,” he says. “The Roaring 2020s might lead to the Roaring 2030s.” Yardeni sees the S&P 500 hitting the 10,000 milestone by the end of 2029, implying a cumulative 66% return from its 6032 close at the end of November, or 10.6% annualized. But what if the pessimists are right? What if we’re due for a long span during which the broad market simply treads water? The key then will be to remember that the market is not a monolith and that there likely will be plenty of opportunities for decent-to-good returns in pockets of the market that aren’t reflected in the broad, large-company indexes. It’s worth remembering that as the S&P 500 languished in the early aughts, for example, U.S. small-company stocks returned an annualized 6.5%, emerging markets returned an annualized 11%, and gold soared 14% a year, on average. The winners may not be the same this time around, although a number of strategists are currently bullish on small stocks, emerging markets (depending on fiscal policies in China) and gold. Friedman, the asset-allocation expert at GMO, thinks investors will gain by investing in bargain-priced stocks overseas, where returns could reach the mid-teen percentages — more so in developed markets than emerging markets. He’s particularly bullish on small-company, value-priced stocks in Japan . In the U.S., deep- value stocks — the cheapest 20% — are “attractive and ownable,” Friedman says. Regardless of whether we face another lost decade, it’s a good idea to maintain a well-diversified portfolio. You may tilt tactically one way or another depending on market conditions, but you should explore both U.S. and international assets, stocks of all sizes, investing styles that touch on value-oriented as well as growth-focused themes — and perhaps add an equal-weighted index fund to guard against undue concentration in the most-popular names of the day. If you rebalance your portfolio periodically, you’ll be able to take advantage of peaks and valleys that you’ll inevitably encounter along the way, even if the market’s path, measured end-to-end over a period of time, turns out to be flat. Note: This item first appeared in Kiplinger Personal Finance Magazine, a monthly, trustworthy source of advice and guidance. 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