Why We're Still Talking About Nine Inch Nails in 2025
If this email was forwarded to you, click here to sign up.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
12 minutes ago
- Yahoo
Russia decree opens door for Exxon return to Sakhalin-1 project
MOSCOW (Reuters) -Russian President Vladimir Putin on Friday signed a decree that could allow foreign investors, including top U.S. oil major Exxon Mobil, to regain shares in the Sakhalin-1 oil and gas project. The signing of the decree comes on the day Russian president Vladimir Putin meets Donald Trump in Alaska for a summit where opportunities for investment and business collaboration will be on the agenda, alongside talks to find peace in Ukraine. Friday's decree was published as a follow-up to one Putin signed in October 2022, which ordered the seizure of the Sakhalin-1 project. Exxon previously held a 30% operator share in the lucrative project, and is the only non-Russian investor to have quit its stake. Exxon did not immediately reply to Reuters request for comment. The path to Western investment returning to Russia is unclear given the U.S. and European Union would need to lift far-reaching sanctions to facilitate investment. Companies who might wish to return, having spent significant amounts of money to exit the country three years ago, also face high barriers put up by the Russian government. Trump and his team have considered what sanctions they may be able to lift quickly in the case of progress in talks. Sakhalin-1 has to date not been directly designated under extensive U.S. sanctions on Russian energy. The decree stipulates that foreign shareholders must undertake actions to support the lifting of Western sanctions if they want to regain their share. They must also conclude contracts for supplies of necessary foreign-made equipment to the project, and transfer funds to Sakhalin-1 project accounts. Exxon took an impairment charge of $4.6 billion to exit its Russian business after Moscow sent troops into Ukraine in February 2022. In December 2024, Putin signed a decree extending the sale period for the unclaimed Exxon stake in Sakhalin-1 until 2026. The October 2022 decree established Rosneft subsidiary Sakhalinmorneftegaz-shelf as the new operator, allowing the Russian government to decide foreign investors' ownership rights in Sakhalin-1. Alongside Exxon, Russian company Rosneft, India's ONGC Videsh and Japan's SODECO were partner investors. The Russian government allowed both ONGC Videsh and SODECO to keep their stakes. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12 minutes ago
- Yahoo
Piers Morgan quickly backtracks after ‘mistakenly' posting photo of Trump wearing kneepads ahead of Putin summit
Piers Morgan said he thought a picture of Donald Trump wearing kneepads was a real image of the president preparing for his 'high stakes' summit with Russian President Vladimir Putin, adding that he deleted the photo when he realized it was fake. The British tabloid host went on to claim that the satirical pic of Trump merely came across his social media feed and he immediately reposted it alongside well-wishes to Trump. Needless to say, Morgan faced a flood of mockery for posting the mocked-up photo of the president, something he acknowledged after deleting the image. Hours before Trump actually touched down in Alaska for the summit with Putin, which is part of an attempt by the president to secure a ceasefire agreement in the bloody Ukraine-Russia war, Morgan – who has enjoyed a long (and fraught) friendship with Trump – posted an altered picture of the president exiting Air Force One. Apparently believing this was a live photo and that the president had just landed in Anchorage, the Piers Morgan Uncensored host delivered a message of hope ahead of Trump's meeting with Putin. 'As President [Donald Trump] lands in Alaska, I wish him the very best of luck in trying to secure an end to the horrendous war in Ukraine,' Morgan tweeted. 'It's refreshing to see a U.S. president who genuinely prefers peace to war.' With the picture showing a waving Trump donning bright red kneepads, it didn't take long for Morgan to get inundated with comments from other users on X asking him if he was aware that he had shared a meme that was mocking the president. 'Did you intentionally post a photo with Trump wearing knee pads or are [you] just an idiot? Evil or idiot? Which is it?' one poster pressed Morgan, prompting the presenter to chalk it up his tweet to ignorance. 'No.. I didn't see the kneepads on that pic, so just deleted and reposted with a different pic!' Morgan replied. In response to journalist Tara Palmeri wondering what had happened because the post was 'quickly deleted,' Morgan gave a more detailed explanation. 'I saw the pic on my feed and mistakenly believed it was a live one, and didn't spot the mocked up kneepads,' he replied to Palmeri. 'I couldn't understand why so many people were laughing and raging about it. Then I realized, deleted it and reposted with another pic. My words remained the same.' It is more than a bit ironic that Morgan fell for an obviously fake photo when it was just a week ago that he trolled NewsNation anchor Chris Cuomo for getting duped by a blatantly obvious deepfake video of Rep. Alexandria Ocasio-Cortez (D-NY) purportedly delivering a House floor speech denouncing the Sydney Sweeney 'good jeans' ad. 'Oh dear @ChrisCuomo - perhaps spend less time b*tching about me and more time trying to spot obvious fakes,' Morgan tweeted at Cuomo alongside several laughing emojis. 'You got clip i didnt pay attn I wont block you for saying how easy that is, my yappy friend?' Cuomo responded at the time.
Yahoo
12 minutes ago
- Yahoo
Should You Buy the Post-Earnings Plunge in Applied Materials Stock?
Applied Materials (AMAT) shares crashed nearly 15% on Friday after the semiconductor company reported a strong third quarter but offered disappointing guidance for its fiscal Q4. In its earnings release, the industry bellwether attributed its worse-than-expected future outlook to tariffs, which it said were 'creating increased uncertainty and lower visibility in near term.' More News from Barchart UnitedHealth Stock Soars as Warren Buffett's Berkshire Hathaway Discloses $1.57B Stake Palantir CEO Alex Karp Sees More Gains Ahead With America-Focused Growth Strategy, Calls U.S. The 'Leader of the Free World' Lucid Motors Is Caught in a Tariff Trap. Is LCID Stock More Likely to Hit $1 or $7 in 2025? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! Applied Materials stock has been in a massive uptrend over the past four months. Despite its post-earnings decline, therefore, it remains well over 30% up versus its year-to-date low set in early April. Why Lam Research Is a Better Pick Than Applied Materials Stock In a post-earnings research note, a senior Bank of America analyst, Vivek Arya, dubbed rival Lam Research (LRCX) a better pick for exposure to chipmaking equipment than AMAT stock. Why? Mostly because the former's portfolio 'bias toward high-growth etch/deposition products is skewing foundry/logic share in its favor.' In comparison, Applied Materials is 'exposed to other, potentially sluggish product categories that are weighing on growth,' he told clients in a research note. On Friday, Arya downgraded Applied Materials shares to 'Neutral' and reduced his price objective to $180. Post-Earnings Decline in AMAT Shares May Still be Overdone Stifel's analyst Brian Chin also lowered his price objective on AMAT shares to $180 following the earnings release – saying the firm's revenue won't grow as steadily in the near-term as management believes. According to him, Taiwan Semiconductor (TSM), one of Applied Materials' key customers and a major chip manufacturer, was more 'first-half oriented' in terms of spending, which could hurt growth in H2. However, it's worth noting that that both BofA and Stifel revised their price targets on the Nasdaq-listed firm to $180 – up more than 10% from current levels – suggesting the post-earnings decline, nonetheless, is a bit overdone. Plus, a 1.13% dividend yield makes up for another great reasons to own Applied Materials here. How Wall Street Recommends Playing Applied Materials In conclusion, Wall Street hasn't thrown in the towel on AMAT stock following its Q3 earnings. The consensus rating on Applied Materials shares remains at 'Moderate Buy' with the mean target of roughly $207 signaling potential upside of some 28% from current levels. On the date of publication, Wajeeh Khan did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
