Latest news with #1965
Digital Trends
2 days ago
- General
- Digital Trends
10 amazing images to mark 60 years of U.S. spacewalks
On June 3, 1965, NASA astronaut Ed White became the first American to exit a spacecraft in orbit. 'This is the greatest experience, it's just tremendous,' White said as he floated outside the Gemini 4 spacecraft on that historic day. Recommended Videos To mark the 60th anniversary since the first U.S. spacewalk, we've compiled a collection of 10 awesome images captured during the first-ever U.S walk, as well as subsequent walks that have taken place over the years. 1. First up, Ed White during his historic spacewalk on June 3, 1965. For his safety, the record-setting astronaut was secured to the spacecraft by a 25-foot umbilical line and tether during his 20-minute adventure. 2. NASA astronaut Scott Parazynski appears to wave to the camera while attached to a foot restraint at the end of the Space Shuttle's Orbiter Boom Sensor System during a spacewalk in 2007. 3. NASA's John B. Herrington, seen at the far left of the image, during a walk outside the Space Shuttle Endeavour in 2002. 4. NASA astronaut Suni Williams pictured secured to the space station's Canadarm2 robotic arm, with the orbital facility's solar arrays behind her during a walk in 2025. 5. With a dramatic cloudy backdrop, astronaut Robert L. Curbeam, Jr. can be seen during a spacewalk at the space station in 2006. 6. Bruce McCandless II is seen approaching his maximum distance from the Space Shuttle Challenger in an extraordinary spacewalk in 1984 that saw him become the first astronaut to maneuver in space untethered. McCandles was trialing a nitrogen-propelled, hand-controlled backpack device called the Manned Maneuvering Unit. 7. Reid Wiseman takes part in a 2014 spacewalk at the space station some 250 miles above Earth. During the 6-hour, 13-minute spacewalk, Wiseman and ESA astronaut Alexander Gerst worked outside the station's Quest airlock, relocating a failed cooling pump to external stowage and installing gear that provides back up power to external robotics equipment. 8. NASA's Christina Koch snaps a 'space selfie' with Earth behind her. She and fellow NASA astronaut Jessica Meir worked outside the ISS for more than seven hours during the first-ever all-woman spacewalk in 2019. 9. American astronaut Dale A. Gardner gets up close and personal with the spinning WESTAR VI satellite during a mission in 1984. Gardner used a special device to stabilize the communications spacecraft sufficiently so that it could be captured and placed in the cargo bay of the Space Shuttle Discovery for return to Earth. 10. Astronauts Carl Meade and Mark Lee during a spacewalk in 1994. Lee can be seen attached to the Space Shuttle's robotic arm.
Globe and Mail
3 days ago
- Business
- Globe and Mail
Billionaire Bill Ackman Wants to Be the Next Warren Buffett, and He Is Buying an AI Stock Up 855% in 10 Years (Hint: Not Nvidia)
In 1965, Warren Buffett took control of Berkshire Hathaway. He said that in hindsight it was a "doomed" textile mill "headed for extinction." But he saved the business, and laid the foundation for lasting growth, by shifting its focus to insurance. That brilliant decision created a steady inflow of investable capital in the form of insurance premiums, and Buffett used that cash to great effect over the years. Berkshire's market value has increased more than 5,500,000% since Buffett took control, for an average annual return of 20% over six decades. Buffett deserves much of the credit. He (along with the late Charlie Munger) engineered acquisitions, stock purchases, and share buybacks that ultimately turned Berkshire into a trillion-dollar business, one of only 11 in the world at this writing. 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 » While Buffett plans to step down as chief executive at Berkshire this year, billionaire Bill Ackman hopes to recreate his success with Howard Hughes Holdings. Ackman recently added another 900 million shares to his hedge fund, bringing his total ownership to 46.9%. He plans to turn Howard Hughes into a "modern-day version of Berkshire" by acquiring controlling interests in private and public companies. If Ackman succeeds, he could become the "next Warren Buffett." Here's the artificial intelligence stock he just bought. Bill Ackman just bought Amazon, an AI stock up 855% in the last decade Bill Ackman ranks among the 20 most successful hedge-fund managers as measured by net gains, according to LCH Investments. And Pershing Square outperformed the S&P 500 (SNPINDEX: ^GSPC) by 24 percentage points over the last five years. Those accomplishments make Ackman an excellent source of inspiration. Importantly, he purchased three stocks during the first quarter: Hertz Global, Uber Technologies, and Brookfield Corporation. Those trades were disclosed in a Form 13F filed last month, but Pershing more recently added Amazon (NASDAQ: AMZN), an artificial intelligence (AI) stock that rocketed 855% over the last decade. Pershing's chief investment officer Ryan Israel said: "We felt that the company would be able to work through any slowdown in the cloud computing division Amazon Web Services, and we did not judge that tariffs would have a material impact on the earnings in the retail business." Interestingly, Ackman has a very concentrated portfolio that included fewer than a dozen stocks as of the first quarter. Chipmaker Nvidia was not one of those stocks. Amazon has three major growth opportunities Amazon's market value exceeds $2 trillion today, but it could be much larger in a few years. The company has a strong presence in three growing industries, as detailed below: Not only does Amazon run the largest online marketplace in the U.S., but it also expects to gain market share this year. Domestic retail e-commerce sales are forecast to increase 8% annually through 2028, according to eMarketer. Amazon is the third-largest adtech company in the world and is rapidly taking share from industry leaders Google (part of Alphabet) and Meta Platforms. Retail ad spending is forecast to increase 17% annually in the U.S. through 2028, according to eMarketer. Amazon Web Services (AWS) is the largest public cloud operator, as measured by infrastructure and platform services spending. Cloud computing sales are forecast to grow at 20% annually through 2030, according to Grand View Research. Importantly, retail advertising and cloud services revenues not only are growing faster than online retail sales, but also have higher margins. That will make Amazon more profitable over time. But the company is also developing about 1,000 generative AI applications that will improve productivity and efficiency across its retail business, from front-end tasks like customer service to back-end tasks like coding. AWS is ideally positioned to monetize AI. It already operates the largest public cloud as measured by revenue and customers, but it has also introduced new products at all three layers of the computing stack. That includes custom chips for AI training and inference at the infrastructure layer, AI-model development tools like Bedrock at the platform layer, and AI applications like Amazon Q at the software layer. That three-tiered strategy is paying off. CEO Andy Jassy recently told analysts: "Our AI business has a multibillion-dollar annual revenue run rate," and "continues to grow triple-digit year-over-year percentages." Most Wall Street analysts anticipate upside in Amazon stock in the next year Amazon shares soared 855% over the last decade as the company built strong positions in online retail, digital advertising, and cloud computing. And Wall Street is still predominantly bullish. Among the 71 analysts who follow the company, 96% rate the stock a buy, and the median target price is $235 per share, which implies 14% upside from the current share price of $205. Wall Street expects Amazon's earnings to increase at 10% annually through 2026. That makes the current price-to-earnings (P/E) ratio of 33 look somewhat expensive. But I think analysts are underestimating the company, as they have in the past -- Amazon topped the consensus earnings estimate by an average of 21% during the last six quarters. Long-term investors should feel comfortable buying a small position today. Should you invest $1,000 in Amazon right now? Before you buy stock in Amazon, 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 Amazon 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 $651,049!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $828,224!* Now, it's worth noting Stock Advisor 's total average return is979% — a market-crushing outperformance compared to171%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 May 19, 2025 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.
New York Times
27-05-2025
- Sport
- New York Times
Quote of the Day: Luck Floats On Like a Butterfly
'That's the only explanation I have, because the picture itself is not special.' NEIL LEIFER, who was 22 when he photographed Muhammad Ali knocking down Sonny Liston in 1965, citing Ali's stature as the reason the image continues to captivate 60 years later.
Globe and Mail
19-05-2025
- Business
- Globe and Mail
Warren Buffett Buys a Dividend Stock Up 4,400% in 15 Years, but Sends Wall Street a $348 Billion Warning
In 1965, Warren Buffett took control of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B). Its stock price has since increased at 20% annually, while the S&P 500 (SNPINDEX: ^GSPC) has returned about 10% annually. That outperformance was due in large part to Buffett's brilliant decision-making with respect to stock purchases, acquisitions, and share buybacks. Consequently, Buffett has earned a reputation as one of the greatest investors in American history. Yet, he has struggled to find buying opportunities in recent years. Berkshire reported a record $348 billion in cash and U.S. Treasury bills on its balance sheet in the first quarter. 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 » That is surprising because the S&P 500 fell into correction territory in March, but Berkshire kept building cash. The most obvious explanation is Buffett considered most stocks too expensive despite the drawdown. In that sense, he sent Wall Street a $348 billion warning: Stocks could fall further as tariffs and economic uncertainty weigh on the market. However, Berkshire did invest some money in the first quarter. It added to its position in Domino's Pizza (NASDAQ: DPZ), a dividend stock that returned 4,400% over the last 15 years. Here's what investors should know. Domino's is the largest quick service pizza company in the world Domino's is the largest pizza company in the world, a position it earned by focusing on value and innovation. For instance, the company streamlined its supply chain in recent years by moving dough production to central facilities equipped with robots. That not only drives cost savings, but it also keeps the customer experience consistent across different stores. Also, Domino's is on the cutting edge of restaurant technology with anywhere ordering and pinpoint delivery, which let customers place orders through unusual channels like text message, and receive those orders in atypical locations like beaches and baseball parks. The company also uses artificial intelligence to anticipate online orders to speed up the pizza-making process, visually inspect orders for accuracy and quality, and surface insights from customer comments left on social media. Beyond that, Domino's consistently and effectively uses promotional cycles and menu innovation to engage consumers. It has already run several deals this year featuring 50% discounts, and recently added parmesan stuffed crust pizza to its menu. CEO Russell Weiner said those promotions "broke through industry clutter," and he expects stuffed crust to drive market shares gains for the company. In addition, the company last year partnered with Uber Eats and this year partnered with DoorDash to expand its reach. Domino's will still handle its own delivery, keeping control over every aspect of its supply chain. But Uber and DoorDash are the two biggest restaurant food ordering platforms in the U.S., which means they could be a significant source of demand. Domino's has raised its dividend for 12 straight years, but the stock is expensive Domino's reported mixed financial results in the first quarter. Revenue increased 2.5% to $1.1 billion, which missed the consensus estimate by about $20 million. However, GAAP earnings increased 21% to $4.33 per diluted share, ahead of the $4.07 per diluted share that Wall Street anticipated. The company's same-store sales in the U.S. fell 0.5% because of challenging economic conditions. But the company still beat competitors Pizza Hut (owned by Yum! Brands) and Papa John's, which saw same-store sales fall of 5% and 3%, respectively. That marks the sixth straight quarter where Domino's has outshone its largest rivals, which is evidence that innovation and promotions are indeed driving market share gains. The company currently pays a quarterly dividend of $1.74 per share, which equates to a dividend yield of 1.4% at the current share price of $493. But Domino's has increased the payout for 12 consecutive years and the dividend has grown at 17% annually over the past five years. That makes the stock a reasonably attractive idea for passive income investors. However, Wall Street expects the company's earnings to increase at 6% annually through 2026. That makes the current valuation of 28 times earnings look rather expensive. Domino's is a good business that pays a healthy dividend. But I think prospective investors should wait for a cheaper entry point before buying shares. Should you invest $1,000 in Domino's Pizza right now? Before you buy stock in Domino's Pizza, 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 Domino's Pizza 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 $642,582!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $829,879!* Now, it's worth noting Stock Advisor 's total average return is975% — 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 May 12, 2025
The Citizen
09-05-2025
- Politics
- The Citizen
Nelspruit Regional Court postpones incitement case to June
A man accused of instigating violence on social media briefly appeared in the Nelspruit Regional Court today, Friday, May 9. The case against Xolani Gregory Khoza (37) was postponed to June 20 as his docket needs to be sent to the senior public prosecutor for a decision on whether he can be tried or not. Khoza was arrested shortly after the National Elections last year when he posted on social media calling for the country to be shut down and for President Cyril Ramaphosa to be removed from his position. He also allegedly challenged the Government of National Unity, saying it was not going to improve the quality of South Africans' lives. Khoza is facing charges of incitement to commit terrorism, public violence and intimidation and is out on R2 000 bail, that was extended during his court appearance today. ALSO READ: UPDATE: Violence instigator remanded in custody in Mbombela The provincial Hawks' spokesperson, Colonel Dineo Sekgotodi, told Lowvelder that Khoza was charged with the contravention of Section 17 of the Riotous Assemblies Act 17 of 1965, Inciting Public Violence. An investigation was initiated and the suspect was identified and arrested for further contravening Section 14 of the Cybercrimes Act 19 of 2020, which says that any person who discloses, by means of an electronic communication, a data message to a person or group of persons or the public in general with the intention to incite violence shall be guilty as charged,' Sekgotodi said at the time. Khoza gained support from various organisations, some of them international, following his arrest. Spartacist South Africa, Marxist Feminist Youth of Azania, the EFF, International Bolshevik Tendency and others are some of the organisations forming part of what has been called 'United Front Protests to defend Xolani Khoza'. ALSO READ: Tonga Magistrate's Court postpones Sonell Joubert's murder case yet again Members of the above organisations staged a protest in support of Khoza outside the court today. 'When I look around, especially where I come from in the Nsikazi Region, there is no development. We still do not have water, health services, usable roads or consistent electricity. These are some of the challenges our communities are facing. I do not want to talk much because my matter is still in court,' said Khoza. At Caxton, we employ humans to generate daily fresh news, not AI intervention. Happy reading!
