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Insider Trading Siblings Used Lockdown to Make £1 Million

Insider Trading Siblings Used Lockdown to Make £1 Million

Bloomberga day ago

Before the market opened on Feb. 4, 2020, traders were watching Swiss testing company SGS SA, waiting for its shares to drop.
Overnight it had been announced that the Von Finck family were going to sell 2.3 billion francs ($2.8 billion) of their holding. That's a huge chunk of stock for buyers to absorb, and the price fell the most in nearly five years.

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1 Soaring Growth Stock to Buy Hand Over Fist Before It Is Too Late
1 Soaring Growth Stock to Buy Hand Over Fist Before It Is Too Late

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1 Soaring Growth Stock to Buy Hand Over Fist Before It Is Too Late

Applied Materials stock is in rebound mode. Even better, it still trades at an attractive valuation. The semiconductor equipment supplier expects stronger growth in the future due to increased spending by chipmakers and foundries. Applied Materials stock could deliver terrific gains going forward thanks to favorable end-market developments. 10 stocks we like better than Applied Materials › Share prices of Applied Materials (NASDAQ: AMAT) have jumped impressively from the 52-week lows they hit just over two months ago, gaining 31% in a short time on the back of the broader rally in the tech-laden Nasdaq Composite index that has clocked solid gains of 25% during the same period. What's worth noting is that investors shrugged off Applied Materials' mixed fiscal 2025 second-quarter results (for the three months ended April 27), which were released on May 15. The semiconductor equipment supplier reported robust growth in sales and earnings for the quarter, but its top line was a tad lighter than expected. The company's outlook for the current quarter followed a similar pattern. However, savvy investors would do well to note that Applied Materials' results and guidance were resilient at a time when the tariff-fueled turmoil and the restrictions on sales of semiconductor equipment to China are turning out to be headwinds for the company. Let's take a look at the factors that could help Applied Materials stock maintain its momentum on the market. Applied Materials reported year-over-year growth of 7% in its revenue in the previous quarter, while its non-GAAP earnings per share (EPS) increased at a faster pace of 14%. A quarter of its revenue came from sales of semiconductor manufacturing equipment to China. For comparison, Applied Materials' top-line growth was flat in the same quarter last year, while its adjusted earnings increased at a much slower pace of 5%. Applied Materials got 43% of its revenue from Chinese customers in the year-ago period. So, the company's growth accelerated even though restrictions on sales of advanced chipmaking equipment to Chinese customers hurt its business in its largest market abroad. This can be attributed to the global growth in semiconductor demand owing to catalysts such as artificial intelligence (AI). Equity research firm Summit Insights Group predicts that the improvement in demand for advanced chips in the second half of 2025 and next year should allow Applied Materials to continue doing well even if its Chinese business remains negatively impacted. Applied Materials CEO Gary Dickerson's remarks on last month's earnings conference call suggest something similar: The impact of AI datacenter innovation and investments is apparent in the wafer fab equipment market, where there are significant shifts in the spending mix this year. We see investment in leading edge foundry-logic growing substantially in 2025, and we also expect spending for leading-edge DRAM to be up significantly. Large-scale AI infrastructure investments such as the $500 billion Stargate project and the multibillion-dollar investments by cloud-computing giants to bolster their AI capabilities are the reasons why foundries and chipmakers are focused on enhancing their manufacturing capacities. Foundry giant Taiwan Semiconductor Manufacturing (NYSE: TSM), for instance, is set to increase its capital expenditures (capex) by 38% at the midpoint of its forecast to $40 billion in 2025. The Taiwan-based company is on track to build nine fabrication plants this year. TSMC further points out that it will spend 70% of its capital spending on advanced process nodes. That's not surprising as almost three-fourths of the company's revenue comes from selling chips manufactured using advanced nodes that are 7-nanometer (nm) or smaller in size. Looking ahead, TSMC estimates that its revenue from sales of AI chips is likely to increase at an annual rate of mid-40% through 2029. So, it won't be surprising to see the company spending more money on shoring up the production capacity of advanced chips to meet the AI-fueled demand. The increase in capex by the likes of TSMC is expected to drive a 2% increase in global semiconductor equipment spending this year to $110 billion, followed by a much stronger increase of 18% in 2026. This should ideally lead to an acceleration in Applied Materials' growth as well, paving the way for more stock price upside. Analysts are forecasting a 10% increase in Applied Materials' earnings this fiscal year to $9.49 per share. This is expected to be followed by a smaller jump in fiscal 2026 before another year of double-digit growth in fiscal 2027. However, the sharp acceleration in global semiconductor equipment spending could allow Applied Materials to grow at a faster rate over the next couple of years. But even if the company's bottom line grows in line with consensus expectations and its earnings hit $11.17 per share after a couple of fiscal years (as per the chart above), its stock price could jump to $329 (based on the tech-laden Nasdaq-100 index's forward earnings multiple of 29). That points toward an 88% gain from current levels in the next three years. Applied Materials stock is now trading at just 18 times forward earnings, which is a nice discount to the Nasdaq-100 index, which serves as a proxy for tech stocks. However, the market could reward Applied Materials with a richer earnings multiple in the future if it can deliver stronger-than-expected earnings growth. That's why savvy investors may want to buy this semiconductor stock while it is still trading at an incredibly cheap valuation, as it has the ability to go on a terrific bull run going forward. Before you buy stock in Applied Materials, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Applied Materials 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 $659,171!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $891,722!* Now, it's worth noting Stock Advisor's total average return is 995% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Harsh Chauhan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Applied Materials and Taiwan Semiconductor Manufacturing. The Motley Fool has a disclosure policy. 1 Soaring Growth Stock to Buy Hand Over Fist Before It Is Too Late was originally published by The Motley Fool Sign in to access your portfolio

Instant Withdrawal Online Casinos 2025: Lotus Asia Adds New Fast Payout Options
Instant Withdrawal Online Casinos 2025: Lotus Asia Adds New Fast Payout Options

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Instant Withdrawal Online Casinos 2025: Lotus Asia Adds New Fast Payout Options

Lotus Asia has introduced a broad range of fast payout options to allow players to access withdrawals faster. This aligns with the growing demand for quicker, more flexible payout options. London, June 21, 2025 (GLOBE NEWSWIRE) -- Lotus Asia has introduced new payout options that prioritize player peace of mind and safety. This leading company has rolled out more advanced payout options, such as digital currency and e-wallet options, to make the deposit and withdrawal processes flexible and seamless. The upgrade reflects Lotus Asia's continued support of fostering a gaming environment that puts players first. Casino fanatics are now in control of their gaming experience from start to end. As such, the online gaming giant has prioritized performance and flexibility over profits and financial gains while introducing transparency policies that match their smooth gameplay. Payout convenience and speed have also become focal points in the new rollout, as no player wants to experience delays while accessing their winnings. Having identified the shift early, Lotus Asia is embracing top-tier technology to provide all gamers a wide range of fast payout Gaming options In addition to the newly rolled payment options, Lotus Asia goes above and beyond to offer all players unforgettable memories of discovery, excitement, and joy. From inception, gamers are received warmly in a vibrant gaming world where quality matches variety. Whether one is a fan of modern video slots or 3-reel slots, the online gaming maestro offers immersive themes that match the mood of each player. To top it off, table game fanatics have not been left behind, with a classy selection of poker, blackjack, baccarat, and roulette versions that keep them returning for more. Lotus Asia guarantees captivating entertainment, fair outcomes, and smooth gameplay at all times. Slot fanatics can enjoy a wide array of games such as Wild Berry, Dragon's Cave, Age of Spartans, and Big Game Safari, which are paired with vivid graphics and engaging features. Additionally, classic game lovers are considered through iconic 3-reel slots such as Red, White & Blue and Wild Sevens. Big win thrill seekers are treated to jackpot slots like Major Moolah and Legends of Avalon, which offer life-changing opportunities with each bet. Most importantly, the games are curated to deliver quality sound effects, fair results, and smooth gameplay with a personalized and polished bonuses and offers The online gaming platform has also curated offers and bonuses that are more than marketing tools—they are a show of appreciation. A simple and direct signup process is complemented by a warm 200% welcome bonus worth up to $1,500. Furthermore, the bonuses invite you to enjoy and explore a vibrant gaming experience from the outset. Seasonal, weekly, and daily promotions are curated to keep the experience full of surprises, rewards, and excitement. A 150% midweek bonus and 250% weekend bonus form a core part of the weekly and daily bonuses that keep the adventure alive. Lotus Asia has added a personal touch to make the offers even more exciting. The online gaming giant has also introduced cashback, special bonuses, and free spins to ensure each gamer feels appreciated, seen, and valued. Over and above the bonuses are more than just numbers — they show a commitment to fostering a gaming community that values each player. Additionally, Lotus Asia has curated a VIP program that fastens withdrawals, exclusive gifts, and tailor-made with trusted software providers Behind the immersive games is an elite team of industry experts in software development that balances excitement and creativity. Moreover, teaming up with renowned gaming providers such as Saucify, BetSoft, and Rival Gaming guarantees top-tier graphics and engaging gameplay. These software developers have created a reputation for attention to detail, casino-like atmospheres, and cinematic graphics. Each game, from classic table games to animated slots, mirrors their passion for fun and fair gameplay. Moreover, the software providers have similar values to Lotus Asia, ensuring that player interests are always prioritized. Saucify contributes through quality game mechanics and unique themes, while Betsoft delivers stunning 3D graphics paired with smooth gameplay. To top it all, collaborating with established software providers guarantees a platform fueled by a growing game library that aligns with players' global needs. Seamless deposit and withdrawal options As mentioned in the introduction, player convenience and comfort come first at Lotus Asia—this is backed by secure banking options. Whether a player is making withdrawals for the first time or depositing funds, the process is swift, safe, and simple. Furthermore, gamers can pick from a wide array of existing options, including platforms such as Skrill, MasterCard, Visa, and even ecoPayz. Deposits are also processed hassle-free, so gamers can experience the vibrant platform instantly, while the immersive design makes transactions stress-free from start to finish. Lotus Asia stands out from the pack due to the trust and respect they accord all their players, newbies and experienced players alike. To make matters even better, the online gaming platform offers payout options such as e-wallet and digital currency, allowing gamers quick access to rewards and winnings. Sleek interface and mobile gaming Lotus Asia has invested heavily in a well-curated interface that is responsive and intuitive, allowing players to find features, favourite games, and manage their accounts with ease. Additionally, the mobile gaming version is as captivating and smooth as the desktop version and can be accessed via Android and iOS devices. No downloads are needed, so Casino lovers can access top-class entertainment at home or on the go. Moreover, Lotus Asia has introduced regular notifications that allow gamers to be in touch with their favorite games at all times. The entire casino experience is driven by care and quality on the desktop and mobile gaming platforms. About Lotus Asia Lotus Asia is an online gaming casino that provides players with a vibrant and exciting gaming experience through games such as Baccarat, Roulette, and Blackjack. The online gaming giant has set high standards for how players access online casino games and access their payouts. Livechat: Email: support@ Disclaimer & Disclosure Notice This release is for informational purposes only and is not intended as a solicitation or offer to buy, sell, or engage in any gaming or wagering activity. The content herein is not directed at residents of jurisdictions where online gambling is restricted or prohibited by law. All players are responsible for complying with their local laws and regulations regarding online gaming. While efforts have been made to ensure the accuracy and reliability of the information provided, no guarantees are made concerning the completeness, timeliness, or correctness of the details presented. Game availability, bonus amounts, payment processing times, and service features may vary based on location, user eligibility, or platform updates. Any errors or omissions are unintentional. This publication may include forward-looking statements or promotional descriptions based on publicly available information at the time of writing. Readers are advised to conduct independent research before engaging with any service, product, or platform mentioned. The publisher of this announcement and its distribution partners are not responsible for any losses, damages, or adverse outcomes that may arise from the use or misuse of the information provided. No warranties are expressed or implied. This content may include affiliate links. If a reader clicks on such a link and completes an action (such as signing up or making a deposit), a commission may be earned at no additional cost to the user. These commissions support the maintenance and distribution of this content. This is not a statement of endorsement or validation by any newswire partner, distributor, or content syndication outlet. All trademarks and brand names are the property of their respective owners. CONTACT: Livechat: Email: support@ in to access your portfolio

LVMH Awards AI Startup Omi For Disrupting Luxury Visuals With 3D Tech: 'Recognized For Their Entrepreneurial Spirit' Says Bernard Arnault
LVMH Awards AI Startup Omi For Disrupting Luxury Visuals With 3D Tech: 'Recognized For Their Entrepreneurial Spirit' Says Bernard Arnault

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LVMH Awards AI Startup Omi For Disrupting Luxury Visuals With 3D Tech: 'Recognized For Their Entrepreneurial Spirit' Says Bernard Arnault

Omi, a Paris-based startup revolutionizing product visuals with 3D modeling and artificial intelligence, has won the "Most Promising" prize at the 2024 LVMH Innovation Awards. The award was presented on June 12 in Paris at leading European tech conference VivaTech, hosted by LVMH Image and Environment Director Antoine Arnault. Hugo Borensztein, co-founder and CEO of Omi, said the win reflects a broader shift happening across the luxury and retail industries. 'Working with a Maison founded two centuries ago using the most advanced 3D and AI technologies expresses LVMH's bold, innovation-inspired vision. We are both honored and proud to be part of this adventure," Borensztein said in a statement by LVMH. Don't Miss: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Peter Thiel turned $1,700 into $5 billion—now accredited investors are eyeing this software company with similar breakout potential. Learn how you can Omi specializes in using 3D technology to streamline content creation for luxury brands, reducing costs while elevating quality. Its tools allow for the scalable production of photorealistic visuals used in online retail and marketing, according to Omi's website. According to Vogue, the company has already worked with Guerlain, an LVMH-owned beauty house, on high-end product visual campaigns that merge legacy identity with modern production speed. also announced a collaboration with Omi during VivaTech, introducing a new visual design process powered by Omi's 3D AI platform, according to Forbes. The partnership is part of L'Oréal's broader AI strategy within its CREAITECH platform. Trending: Maximize saving for your retirement and cut down on taxes: . Now in its ninth year, the LVMH Innovation Award program spotlights startups that are shaping the future of the luxury ecosystem. According to LVMH, this year's competition featured three top prizes. Alongside Omi's win, the Best Business Award went to U.S.-based Kahoona for its personalization work with Dior. LVMH also announced that The Best Impact Prize was awarded to Genesis, a French startup collaborating with Moët Hennessy to digitally monitor and improve soil health in vineyards. LVMH Chair and CEO Bernard Arnault praised the finalists for their "entrepreneurial spirit and hard work," adding that innovation remains central to the group's mission of excellence. "Innovation has always energized the growth of our Maisons and their desirability. This innovation is not an end in itself, but rather a means to achieve excellence. I'm always delighted to meet these young entrepreneurs, and to see them working with our centuries-old Maisons and be recognized for their entrepreneurial spirit and hard work," Arnault said in the says its technology allows brands to turn static product data into interactive 3D content that can be deployed across websites, e-commerce platforms, and social media. Rather than relying on traditional photography or slow post-production workflows, the platform generates high-fidelity visuals directly from 3D models, streamlining product rollout and campaign development. With LVMH recognizing Omi as a leader in innovation and a new partnership underway with L'Oréal, the startup may push brands a step toward broader adoption of AI-powered visual platforms in luxury. Read Next: Image: Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article LVMH Awards AI Startup Omi For Disrupting Luxury Visuals With 3D Tech: 'Recognized For Their Entrepreneurial Spirit' Says Bernard Arnault originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

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