Grand Slam Track 'struggling' to pay athletes
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Reuters
2 minutes ago
- Reuters
No deal on Ukraine at Trump-Putin Alaska summit
Follow on Apple or Spotify. Listen on the Reuters app. Read the episode transcript. A highly anticipated Alaska summit between U.S. President Donald Trump and Russian President Vladimir Putin yielded no agreement to resolve or pause Moscow's war in Ukraine, although both leaders described the talks as productive before heading home. Plus, Trump says there are no imminent plans to penalize China for buying Russian oil. Listen to On Assignment podcast here. Sign up for the Reuters Econ World newsletter here. Listen to the Reuters Econ World podcast here. Find the Recommended Read here. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit to opt out of targeted advertising. Further Reading 'No deal until there's a deal': Trump-Putin talks yield no breakthrough on Ukraine Trump says no imminent plans to penalize China for buying Russian oil Our Standards:The Thomson Reuters Trust Principles.
Times
32 minutes ago
- Times
What happened when we let Times readers bet $10,000 on stocks
If you could go back in time to the day of the 2024 US election — armed with $10,000 and everything you know now — how much money could you make in the stock market? That is the challenge we set Times readers last week. Buy and sell any stock in the S&P 500 or the FTSE 100 and jump forward in time, watching how the actions of the Trump administration have affected global markets. You can play it here. So, how did readers get on as stock market traders? The average player managed to turn their $10,000 investment into about $14,000 over the eight simulated months, meaning that they generated $4,000 profit — a return of 40 per cent. This is a pretty good return, even if readers knew exactly what would happen: $10,000 invested in the S&P 500 would have returned $10,787, and the same in the FTSE 100 would have resulted in $11,095 — although $10,000 in bitcoin, turning into $16,931, would have beaten the lot. Trump's tariffs resulted in a frenzy of trading, helping Barclays to a 23 per cent jump in pre-tax profits in the first half of the year. There are, of course, some objectively 'better' stocks to pick. The US AI firm Palantir, co-founded by the Trump ally Peter Thiel, has more than tripled its value since the election. Other US AI firms and computer chip manufacturers (such as Super Micro Computer Inc and Jabil Inc) have also experienced strong growth, as well as companies in AI adjacent sectors, particularly energy stocks such as the General Electrics power spin-off GE Vernova Inc, which has benefited from increased demand from AI data centres. • The cheap and easy way to invest (without the risk) A significant number of readers wisely put all their money into Palantir, yielding returns of 200 per cent. But the highest profits were for those who traded repeatedly at optimum times. Only two players turned their $10,000 into more than $100,000; at the time of writing, the top score was an eye-watering $441,681. The highest possible score, buying the best performing stock day after day, was well over a trillion dollars. Compounding returns, to paraphrase Albert Einstein, really are the eighth wonder of the world. For data privacy reasons, we don't know which stocks the top performer picked. However, on average, those who played did not opt for high-risk, high-reward US tech stocks. In fact, most readers put their money into recognisable UK companies that had a track record of doing well. Readers rightly focused on UK defence stocks such as Rolls-Royce, BAE and also Babcock, the best performing FTSE 100 company during the period. All those stocks boomed after Trump's realignment of global defence. • Bull or bear? Find out what kind of investor you are Other top performers picked out by readers included Airtel Africa, International Airlines Group (which owns British Airways) and the mining firm Fresnillo. For the FTSE at least, readers had a good sense of where the gains have been, with most of the ten best-performing stocks over the period being in the most-bought list. The above looks at which stocks had the most money invested. But the list of stocks that were bought and sold the most — that is, with the highest number of trades — shows a preference towards US growth firms. Top of this list is Coinbase, the cryptocurrency exchange, and Elon Musk's Tesla, both of which have share prices inherently tied to unpredictable and volatile entities. Readers also explored options with oil and steel stocks. Due to tariff changes, these companies were particularly volatile. Many readers bought BP, others looked at Chevron or the US steel manufacturer Steel Dynamics. There were good profits to be had with all these, but you'd need to buy and sell at specific times to really make a good profit. • I want to invest in Europe's comeback. Where do I start? These lists also feature unexpected appearances from 3M, 3i Group, AES Corporation and APA Corporation. Theses companies didn't perform particularly well over the period and their inclusion is likely to be due to their names appearing at the top alphabetically, rather than being selected as part of a broader investment strategy.
The Guardian
an hour ago
- The Guardian
Keely Hodgkinson excited to end year of injuries with return to 800m
Keely Hogkinson admits she is excited and relieved to be putting 375 days of tears, frustration and injuries behind her when she races for the first time since winning the Olympic 800m gold medal on Saturday. The 23-year-old acknowledges that she does not have much time to get her sharpness back before next month's World Championships in Tokyo. But she struck an optimistic note on the eve of the Diamond League meeting in Silesia, Poland, as she readied herself to race again. 'It's been a long time – over a year since Paris,' she said. 'It wasn't my plan to start this late. But I am just super happy to get back on the start line. I've missed it a lot. This is what I train to do. So I can't wait to get out there and give it my absolute best and let's see what happens.' Hodgkinson has been battling hamstring issues, which flared shortly after the Olympics and then returned on the eve of the Keely Klassic in February, where she had been intending to break the world indoor 800m record. She had hoped to return for last month's London Diamond League, but had to wait until she was 100% ready again. 'It's been upsetting at times,' she said. 'Missing London was hardest for me because I just wanted to be there in front of my home crowd. Yes, it has been frustrating but it makes the good times sweeter and it makes it even better to be here now.' The plan is test her fitness in Poland against a decent field that includes Oratile Nowe of Botswana, who posted the season's best time of 1:57.49, as well as Gabriela Gajanova, the Slovakian who finished runner-up to Hodgkinson in the 2024 European Championships. If all goes well, she will run again four days later at the Diamond League in Lausanne. 'I've come out ready to go, so I am just excited to put something together. It's been a frustrating year. Back in June I was not able to do anything and coming off the back of winning the Olympics last year it was not ideal at all that I just couldn't get on the start line. 'Tomorrow is just a stepping stone on the way to Tokyo,' she added. 'And I'm looking forward to getting out there and just being competitive again.'
