
NAIT pausing 18 programs for review, possible closure
The Northern Alberta Institute of Technology says 18 of its programs will be reviewed and potentially shut down. CTV News Edmonton's Jeremy Thompson has the story.
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National Post
39 minutes ago
- National Post
Some tough times for some big names in growing PWHL
Until this past week, the majority of the best players in women's hockey have been shielded from the dirtier side of the business side of professional sports and how that could impact their day-to-day lives. Article content An expansion process focused on maintaining league-wide parity ended that shielding once and for all. Article content Article content And kudos to the women — the likes of Hilary Knight, Sarah Nurse, Alex Carpenter and Emerance Maschmeyer to name just four — who handled this all with so much grace. Article content It can't have been easy for hockey players who all their lives have been told they are at the very elite level of their sport, to suddenly hear from the general managers of the teams they helped form that there were three other players they would rather protect going forward. Article content All four of the aforementioned players were foundational signings — the three players on each of the six original clubs that the teams would be build around — and two years later all four, one of them a captain, were left unprotected. Article content Then put the shoe on the other foot and imagine being the GM told they can protect just three players and having to weigh factors such as age, financial flexibility and long-term goals to say nothing of the personal relationships built over two years and some longer than that, and then having to approach a player who has probably never been cut from a team and tell them they would not be protected. Article content But that was the hand dealt both GMs and many of the league's biggest stars over the past few weeks. Article content Article content Soft — read wildly popular — landing spots in Seattle and Vancouver helped cushion the blow for the players, but that didn't stop it from being a roller coaster ride these past few weeks for some of the most highly respected women in the game. Article content Article content Nurse was as much the face of the Sceptres franchise as anyone on the team. She was one of three foundational signings along with defender Renata Fast and eventual team captain Blayre Turnbull. She was part of the marketing campaign that introduced the PWHL to Toronto. She was even part of the Player's Association Executive that helped negotiate the collective bargaining agreement this league will play under for another six seasons yet.


Globe and Mail
an hour ago
- Globe and Mail
The Smartest Growth Stock to Buy With $10 Right Now
Buying and holding onto solid companies with disruptive potential can be a winning, long-term strategy for investors. Their potential to grow at a faster pace than their peers sets the stage for impressive stock market gains. SoundHound AI (NASDAQ: SOUN) is one such company. Its artificial intelligence (AI) voice solutions are changing how clients handle food ordering, e-commerce, customer service, healthcare, and other functions. Each share of SoundHound is trading below $10 as of this writing, so if you have $10 to spare, here's why you should tap into this promising growth stock. SoundHound is winning market share in a fast-growing industry SoundHound offers multiple voice AI products, allowing customers to build custom solutions for their businesses. The company's AI agents can speak, think, and act autonomously while interacting with customers, whether it's in the drive-thru lane of a restaurant or on a company's customer service line. Importantly, SoundHound is not just winning over new customers but also gaining more business from existing ones. In its first-quarter report, management detailed new integrations of its voice AI solutions across multiple industries, and it also announced expanded partnerships with existing clients. What's more, the company's Autonomics AI operations platform was named a leader in its segment by technology research and advisory firm ISG Research. The strength of SoundHound's offerings explains why the company has been able to quickly expand its customer base. Best of all, the market in which SoundHound operates is still in its early stages. Venture capital firm Andreessen Horowitz estimates the voice AI market increased 25% last year to $5.4 billion. SoundHound's 2024 revenue growth of 85% is a clear sign the company is outpacing the market overall. And for 2025, Andreessen Horowitz is expecting a 61% spike in the voice AI market to $8.7 billion. Meanwhile, SoundHound is guiding for full-year revenue to double at the midpoint of its guidance range of $157 million to $177 million. The stock has terrific long-term growth potential Based on the above projections, SoundHound could end 2025 with a 2% market share, and the voice AI opportunity will continue to expand with one estimate calling for 32% compound annual growth through 2032, when it will be a $40 billion annual market. If SoundHound's market share jumps to 10% of that 2032 forecast, its annual revenue would reach $4 billion. This level of growth is likely in the ballpark of what investors expect for this AI stock, which explains its expensive valuation. SoundHound is trading at 35 times trailing revenue as of this writing. Following its recent slide, SoundHound can still be a solid pick for growth-hungry investors with a long-term mindset. However, anyone buying into the stock must be prepared to look past near-term volatility and give the company time to capitalize on its huge market opportunity. Should you invest $1,000 in SoundHound AI right now? Before you buy stock in SoundHound AI, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and SoundHound AI wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $668,538!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $869,841!* Now, it's worth noting Stock Advisor 's total average return is789% — a market-crushing outperformance compared to172%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 2, 2025


Globe and Mail
an hour ago
- Globe and Mail
The Nasdaq Bounces Back: 2 Artificial Intelligence (AI) Stocks Worth Buying Right Now
Technology stocks are surging once again, especially artificial intelligence stocks. But don't think it's too late to buy in. The two AI stocks below have a very bright future. Despite their upfront premiums, rapid and sustained growth rates could deliver huge gains for patient shareholders. This is still the No. 1 artificial intelligence stock Every AI investor should own Nvidia (NASDAQ: NVDA). Nvidia's business model and savvy strategy have placed it at the center of the AI revolution, a position it will likely retain for many years to come. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » At the core of Nvidia's business model is its hardware for graphics processing units (GPUs). These GPUs power data centers around the world, which in turn power the training and execution of nearly every AI model. With a 90% market share for data center GPUs, it's safe to say that Nvidia dominates the market for GPUs related to AI applications. The market simply can't get enough of Nvidia's components. Just take a look at Nvidia's gross profits and customer demand. Nvidia currently enjoys industry-leading gross margins of around 70%. GPU makers like Intel (NASDAQ: INTC), meanwhile, have gross profit margins of around 30%. Nvidia's new Blackwell architecture quickly sold out for 12 months following its release. NVDA Revenue Growth Estimate for Current Fiscal Year data by YCharts Nvidia stock isn't cheap with a price-to-sales ratio of 23. However, the AI market is expected to grow by more than 30% per year through 2033. Due to its high profitability, shares trade at just 45 times trailing earnings and just 33 times forward earnings. That's still a premium price. But the upfront premium should be more than justified over a long holding period. There's huge growth potential for this GPU stock Compared to Nvidia, Intel has many flaws. The company made several ill-advised acquisitions over the past decade, and it failed to properly invest in both the hardware and software needs of the AI industry. The result is a stagnating business with relatively low levels of profitability. The trade-off for investors, however, is a rock-bottom valuation. If Intel can figure out how to turn things around in the long term, patient investors could make boatloads of money. Let's break down the current situation in a little more detail. While Nvidia has a roughly 90% market share for data center GPUs, most estimates peg Intel with somewhere around a 1% market share. Ouch. But here's the thing: Intel shares trade at just 1.6 times sales compared to Nvidia's premium valuation of 23 times sales. Intel's discounted valuation is warranted. It's less profitable, is posting significantly lower sales growth figures, and doesn't have a visible pathway to competing head-to-head with Nvidia over the next few years. But if you're willing to look far beyond the next few years, it's reasonable to expect Intel to make up some of the gap between itself and Nvidia. Right now, Nvidia certainly has an edge on GPU performance. But its biggest competitive advantage is arguably its CUDA software platform, which locks developers into its hardware-software ecosystem. Eventually, however, the AI market will grow large enough to accommodate several niches. Intel could compete in segments of the AI industry that Nvidia ignores due to its small size. Intel could also compete aggressively on price, especially since Nvidia's chips are priced at a premium and frequently face supply shortages. All in all, Intel faces a difficult road ahead. But with a rock-bottom valuation and minimal expectations, very patient investors can secure an attractive price for a speculative bet with plenty of risk, but also arguably more upside potential than Nvidia. Should you invest $1,000 in Nvidia right now? Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nvidia wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $674,395!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $858,011!* Now, it's worth noting Stock Advisor 's total average return is997% — a market-crushing outperformance compared to172%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Ryan Vanzo has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Intel and Nvidia. The Motley Fool recommends the following options: short August 2025 $24 calls on Intel. The Motley Fool has a disclosure policy.