City of Siloam Springs to discuss code update with residents
SILOAM SPRINGS, Ark. (KNWA/KFTA) — The City of Siloam Springs will host a stakeholder roundtable on Monday, June 9, at 2:30 p.m. at City Hall Board Room to discuss the city's Unified Development Code update.
The public is invited to attend.
A news release from the city states that feedback from residents has shaped what is in the UDC.
Work on the UDC resumed after a short pause to review pending legislation from the Arkansas State Legislature. On May 20, city planning staff held a workshop with the Siloam Springs Board of Directors to provide an update on the code's progress
The meeting will be livestreamed on the city's YouTube channel and on Cox Channel 245.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
2 hours ago
- Yahoo
Down 18%, are we witnessing the slow decline of Alphabet stock?
Like many of the Magnificent 7, Alphabet (NASDAQ: GOOG) stock has performed poorly over the last few months. Its once all-powerful moat in internet search is coming under serious threat from multiple angles. So, is this merely a mid-life crisis or something much more problematic? In its Q1 results, posted at the end of April, the business continued to see strong growth momentum. Revenues for the quarter came in at $90bn, 12% higher than a year ago. Representing over 50% of total revenues, Google search was up 10%. Google subscriptions, platforms, and YouTube ads also saw strong growth momentum. The business continues to invest heavily in AI. It recently launched Gemini 2.5, although it's still in preview mode and doesn't offer a paid tier with full access yet. The new AI model is not aimed at your average consumer. This probably explains why the pricing model will be different. It claims the model is capable of 'analyzing large datasets, codebases, and documents using long context'. But like so many of its peers, it has been rather vague on detail, other than saying it had addressed user feedback. Google, like all the other Magnificent 7 stocks, are trying to understand how generative AI is likely to evolve and whether it's a long-term threat to their business models. With 90% of all internet searches being conducted through Chrome, Google looks particularly vulnerable to me. A month ago, investors were totally spooked after an Apple executive disclosed in a court case that Google-search traffic on its devices using Safari fell for the first time ever. The speed of adoption of generative AI among the general consumer is what has completely taken me by surprise. Key to an acceleration in this trend have been AI-generated summaries at the top of search results. Google and Microsoft may be at the forefront of rolling out this new feature, but this technology has the potential to cannibalise existing revenue streams. Search engine optimisation (SEO) is the foundation of the internet. The whole marketing industry is based on fine tuning algorithms to ensure a company attracts traffic to their web pages. The rise of so-called 'zero-click' results looks set to upend this key tenet. In a recent survey conducted by consultancy firm Bain, it found that about 80% of consumers now rely on zero-click results in at least 40% of their searches. They estimated that this new phenomenon has reduced organic web traffic by between 15% to 25%. The likes of Perplexity AI and ChatGPT continue to attract consumers. According to Bain's research, approximately 40% to 70% of LLM users use the platforms to conduct research and summarise information, find the latest news and weather, and ask for shopping recommendations. Across the marketing industry, generative engine optimisation or GEO is becoming the new buzz term. This is in recognition of the growing role of bots trawling the web to train LLMs. Marketing revenues from clicks are the lifeblood of Google's business model. As it tries to find way to integrate and grow revenues from its own AI offerings, capital expenditures will continue to grow. With so much future uncertainty, I will continue to observe from the sidelines, but I don't rule out an investment in the future. The post Down 18%, are we witnessing the slow decline of Alphabet stock? appeared first on The Motley Fool UK. More reading 5 Stocks For Trying To Build Wealth After 50 One Top Growth Stock from the Motley Fool Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Andrew Mackie has no position in any of the shares mentioned. The Motley Fool UK has recommended Alphabet, Apple, and Microsoft. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Motley Fool UK 2025
Yahoo
2 hours ago
- Yahoo
Got $10,000? This "Magnificent Seven" Stock Is an Unbelievable Bargain.
Alphabet is by far the cheapest stock in the "Magnificent Seven." Alphabet faces three headwinds right now. Despite all the headwinds it faces, Alphabet's growth is in the top half of the cohort. 10 stocks we like better than Alphabet › The "Magnificent Seven" cohort was thus named by Bank of America analyst Michael Hartnett, describing some of the market's largest stocks today. This group has led the market forward over the past few years and has delivered fantastic returns to investors. It's made up of: Microsoft Nvidia Apple Amazon Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) Meta Platforms Tesla Despite its size, this group is known for its strength and growth and normally receives a premium valuation as a result. However, there's one that escapes this trend: Alphabet. Alphabet's stock has reached very low levels, and I think it looks like an excellent bargain if you've got the stomach for some of the challenges it brings. Alphabet is the parent company of multiple brands, but some of the most notable are Google, YouTube, the Android operating system, and Waymo. Although Alphabet's business is fairly broad, most of its revenue comes from advertising via YouTube and its dominant Google search engine. Advertising accounted for about 75% of Alphabet's total revenue in Q1, so it's clearly important to the business. Furthermore, advertising is its most mature area, generating the bulk of Alphabet's profits and allowing it to reinvest in other high-growth areas like Google Cloud and Waymo. This is the first problem investors see with Alphabet's stock, as advertising is cyclical. Ad budgets tend to get cut as companies prepare for economic downturns, and there's a prevalent fear that President Donald Trump's tariff plan could plunge us into a recession, or at the very least, a downturn. Only time will tell if this forecast is accurate, but Alphabet's Google Search and YouTube ads each delivered 10% year-over-year growth in Q1, so this weakness hasn't shown up yet. We'll have to keep an eye out during Q2 results to see if these growth rates decline, but as of right now, Alphabet's financials do not support this thesis. Another fear is that Google Search, Alphabet's cash cow, could be replaced by generative AI technologies. While this is a possibility, Google already integrated AI search overviews and has launched several competitive generative AI offerings. Management was very bullish on AI Overviews and stated that it's an incredibly popular feature with more than 1.5 billion monthly users. While Alphabet may lose some market share over the long term, it's still growing revenue at a double-digit pace, so there's not much to be concerned about. Furthermore, generative AI has been around for nearly three years and has been incredibly useful for at least the last year and a half. Google Search is still performing well despite that headwind, so I'm not as concerned about this headwind as the market is. Perhaps the biggest elephant in the room is the question, "What will Alphabet look like in five years?" I'm not talking about how various generative AI technologies could affect Alphabet's dominance; I'm talking about Alphabet being found guilty of operating an illegal monopoly in its advertising platform and search engine. Various ideas have been floated around about how to remedy these issues, but Alphabet will fight to ensure its company stays intact. We're years away from learning the outcome of these lawsuits, and each will likely end up in front of the Supreme Court. Until an end is reached, I'm still looking at Alphabet as a whole; anything else is just speculation. I believe Alphabet's stock looks like a bargain because it's cheaper than the broader market, yet it is growing its earnings much faster. With the broader market trading for 22.4 times forward earnings (as measured by the S&P 500), Alphabet's 17.6 times forward earnings looks like a bargain. Alphabet is also the cheapest "Magnificent Seven" stock by a wide margin, with the next cheapest stock (Meta Platforms) trading for 26.3 times forward earnings. Despite its cheap stock price, Alphabet posted the second-best net income growth in Q1, rising 46% compared to Nvidia's 64% growth. On the revenue side, it's exactly in the middle, beating Amazon, Apple, and Tesla. If all you did was look at Alphabet's finances compared to its peers, you would conclude that it would be worth much more than it is today. However, because of the various narratives surrounding Alphabet's stock, it trades at a deep discount to its peers and the market. Although some investors may not be comfortable investing in Alphabet's stock due to the impending government action (which is a fair reason to avoid the stock), I think the other reasons for Alphabet's stock trading at a discount aren't as valid. If Alphabet can fend off generative AI and the government over the next few years, it could easily be one of the top-performing "Magnificent Seven" stocks to own. However, it has an increased risk compared to its peers, which is why the stock trades at a discount. Before you buy stock in Alphabet, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Alphabet 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 is 789% — 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 2, 2025 Bank of America is an advertising partner of Motley Fool Money. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Keithen Drury has positions in Alphabet, Amazon, Meta Platforms, Nvidia, and Tesla. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, Bank of America, Meta Platforms, Microsoft, Nvidia, and Tesla. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. Got $10,000? This "Magnificent Seven" Stock Is an Unbelievable Bargain. was originally published by The Motley Fool
6 hours ago
Can an American pope apply US-style fundraising and standards to fix troubled Vatican finances?
VATICAN CITY -- As a bishop in Peru, Robert Prevost was often on the lookout for used cars that he could buy cheap and fix up himself for use in parishes around his diocese. With cars that were really broken down, he'd watch YouTube videos to learn how to fix them. That kind of make-do-with-less, fix-it-yourself mentality could serve Pope Leo XIV well as he addresses one of the greatest challenges facing him as pope: The Holy See's chronic, 50 million to 60 million euro ($57-68 million) structural deficit, 1 billion euro ($1.14 billion) pension fund shortfall and declining donations that together pose something of an existential threat to the central government of the 1.4-billion strong Catholic Church. As a Chicago-born math major, canon lawyer and two-time superior of his global Augustinian religious order, the 69-year-old pope presumably can read a balance sheet and make sense of the Vatican's complicated finances, which have long been mired in scandal. Whether he can change the financial culture of the Holy See, consolidate reforms Pope Francis started and convince donors that their money is going to good use is another matter. Leo already has one thing going for him: his American-ness. U.S. donors have long been the economic life support system of the Holy See, financing everything from papal charity projects abroad to restorations of St. Peter's Basilica at home. Leo's election as the first American pope has sent a jolt of excitement through U.S. Catholics, some of whom had soured on donating to the Vatican after years of unrelenting stories of mismanagement, corruption and scandal, according to interviews with top Catholic fundraisers, philanthropists and church management experts. 'I think the election of an American is going to give greater confidence that any money given is going to be cared for by American principles, especially of stewardship and transparency,' said the Rev. Roger Landry, director of the Vatican's main missionary fundraising operation in the U.S., the Pontifical Mission Societies. 'So there will be great hope that American generosity is first going to be appreciated and then secondly is going to be well handled,' he said. 'That hasn't always been the circumstance, especially lately.' Pope Francis was elected in 2013 on a mandate to reform the Vatican's opaque finances and made progress during his 12-year pontificate, mostly on the regulatory front. With help from the late Australian Cardinal George Pell, Francis created an economy ministry and council made up of clergy and lay experts to supervise Vatican finances, and he wrestled the Italian-dominated bureaucracy into conforming to international accounting and budgetary standards. He authorized a landmark, if deeply problematic, corruption trial over a botched London property investment that convicted a once-powerful Italian cardinal. And he punished the Vatican's Secretariat of State that had allowed the London deal to go through by stripping it of its ability to manage its own assets. But Francis left unfinished business and his overall record, at least according to some in the donor community, is less than positive. Critics cite Pell's frustrated reform efforts and the firing of the Holy See's first-ever auditor general, who says he was ousted because he had uncovered too much financial wrongdoing. Despite imposing years of belt-tightening and hiring freezes, Francis left the Vatican in somewhat dire financial straits: The main stopgap bucket of money that funds budgetary shortfalls, known as the Peter's Pence, is nearly exhausted, officials say. The 1 billion euro ($1.14 billion) pension fund shortfall that Pell warned about a decade ago remains unaddressed, though Francis had planned reforms. And the structural deficit continues, with the Holy See logging an 83.5 million euro ($95 million) deficit in 2023, according to its latest financial report. As Francis' health worsened, there were signs that his efforts to reform the Vatican's medieval financial culture hadn't really stuck, either. The very same Secretariat of State that Francis had punished for losing tens of millions of euros in the scandalous London property deal somehow ended up heading up a new papal fundraising commission that was announced while Francis was in the hospital. According to its founding charter and statutes, the commission is led by the Secretariat of State's assessor, is composed entirely of Italian Vatican officials with no professional fundraising expertise and has no required external financial oversight. To some Vatican watchers, the commission smacks of the Italian-led Secretariat of State taking advantage of a sick pope to announce a new flow of unchecked donations into its coffers after its 600 million euro ($684 million) sovereign wealth fund was taken away and given to another office to manage as punishment for the London fiasco. 'There are no Americans on the commission. I think it would be good if there were representatives of Europe and Asia and Africa and the United States on the commission,' said Ward Fitzgerald, president of the U.S.-based Papal Foundation. It is made up of wealthy American Catholics that since 1990 has provided over $250 million (219 million euros) in grants and scholarships to the pope's global charitable initiatives. Fitzgerald, who spent his career in real estate private equity, said American donors — especially the younger generation — expect transparency and accountability from recipients of their money, and know they can find non-Vatican Catholic charities that meet those expectations. 'We would expect transparency before we would start to solve the problem,' he said. That said, Fitzgerald said he hadn't seen any significant let-up in donor willingness to fund the Papal Foundation's project-specific donations during the Francis pontificate. Indeed, U.S. donations to the Vatican overall have remained more or less consistent even as other countries' offerings declined, with U.S. bishops and individual Catholics contributing more than any other country in the two main channels to donate to papal causes. Francis moved Prevost to take over the diocese of Chiclayo, Peru, in 2014. Residents and fellow priests say he consistently rallied funds, food and other life-saving goods for the neediest — experience that suggests he knows well how to raise money when times are tight and how to spend wisely. He bolstered the local Caritas charity in Chiclayo, with parishes creating food banks that worked with local businesses to distribute donated food, said the Rev. Fidel Purisaca Vigil, a diocesan spokesperson. In 2019, Prevost inaugurated a shelter on the outskirts of Chiclayo, Villa San Vicente de Paul, to house desperate Venezuelan migrants who had fled their country's economic crisis. The migrants remember him still, not only for helping give them and their children shelter, but for bringing live chickens obtained from a donor. During the COVID-19 pandemic, Prevost launched a campaign to raise funds to build two oxygen plants to provide hard-hit residents with life-saving oxygen. In 2023, when massive rains flooded the region, he personally brought food to the flood-struck zone. Within hours of his May 8 election, videos went viral on social media of Prevost, wearing rubber boots and standing in a flooded street, pitching a solidarity campaign, 'Peru Give a Hand,' to raise money for flood victims. The Rev. Jorge Millán, who lived with Prevost and eight other priests for nearly a decade in Chiclayo, said he had a 'mathematical' mentality and knew how to get the job done. Prevost would always be on the lookout for used cars to buy for use around the diocese, Millán said, noting that the bishop often had to drive long distances to reach all of his flock or get to Lima, the capital. Prevost liked to fix them up himself, and if he didn't know what to do, 'he'd look up solutions on YouTube and very often he'd find them,' Millán told The Associated Press. Before going to Peru, Prevost served two terms as prior general, or superior, of the global Augustinian order. While the order's local provinces are financially independent, Prevost was responsible for reviewing their balance sheets and oversaw the budgeting and investment strategy of the order's headquarters in Rome, said the Rev. Franz Klein, the order's Rome-based economist who worked with Prevost. The Augustinian campus sits on prime real estate just outside St. Peter's Square and supplements revenue by renting out its picturesque terrace to media organizations (including the AP) for major Vatican events, including the conclave that elected Leo pope. But even Prevost saw the need for better fundraising, especially to help out poorer provinces. Toward the end of his 12-year term and with his support, a committee proposed creation of a foundation, Augustinians in the World. At the end of 2023, it had 994,000 euros ($1.13 million) in assets and was helping fund self-sustaining projects across Africa, including a center to rehabilitate former child soldiers in Congo. 'He has a very good interest and also a very good feeling for numbers,' Klein said. 'I have no worry about the finances of the Vatican in these years because he is very, very clever.' Franklin Briceño contributed from Lima, Peru.
