Latest news with #428
TimesLIVE
7 days ago
- Automotive
- TimesLIVE
Dutch car-sharing firm plugs into Renault EVs with V2G technology
The global V2G market was worth $3.4bn (R60,694,874,240) in 2024, according to Global Market Insights, and is expected to grow by 38% annually between 2025 and 2034 to reach $80bn (R1,428,568,000,000). The Netherlands is an early adopter of V2G technology due to ambitious plans to electrify its transport and heating systems while also moving to renewables. Japan's Nissan has also recently supplied dozens of V2G-enabled Leaf and Ariya models to France and Spain. MyWheels said 500 of Renault's V2G-compatible cars, including its electric R5, will be on the road by next year. When not driving, the cars will be plugged into We Drive Solar's bidirectional chargers and the scheme's operators will be paid for electricity absorbed and sold to the grid. Grids have become increasingly unstable with growing electrification and as more intermittent renewable energy is fed into the system. 'Our research shows vehicle-to-grid technology could allow the growing electric vehicle fleet to become a significant asset to the grid, with vast storage potential locked up in electric vehicles,' said Madeleine Brolly, advanced transport analyst at Bloomberg New Energy Finance. A key challenge ahead will be standardisation across manufacturers, which will be needed for it to be adopted at scale, she said.
Yahoo
13-05-2025
- Sport
- Yahoo
Mets' Carlos Mendoza Had Pete Alonso Words After Pirates Game
The New York Mets find ways to win, which is a common trait among the best teams throughout history. They won a 4-3 thriller against the Pittsburgh Pirates on Monday despite being held to just one run in six innings by 2024 NL Rookie of the Year Paul Skenes. New York (27-15) did most of its damage against the Pirates' (14-28) bullpen, starting with Juan Soto's RBI groundout and Pete Alonso's RBI single in the bottom of the seventh. Then, the latter star hit a walk-off sacrifice fly in the ninth. Advertisement Mets manager Carlos Mendoza sounded off about Alonso after the game, via SNY. New York Mets first baseman Pete Alonso (20).Vincent Carchietta-Imagn Images "You give Pete Alonso a chance, and you feel pretty good about your chances there," he said. Alonso is now slashing .318/.428/.604 with nine homers and 36 RBI on the season. The 30-year-old ranks fourth in baseball with a 1.032 OPS and second in RBI. His batting average, OBP, and RBI all top the team, too. New York is 2.5 games ahead of the Philadelphia Phillies for first place in the NL East and is 6-4 in its last 10 games. In addition to Alonso, fellow star Francisco Lindor is slashing .304/.368/.506 with nine homers and 26 RBI, while Luisangel Acuña has been a surprise standout. The second baseman is slashing .279/.333/.337 with six RBI in 36 games after playing just 14 contests as a rookie last season. Advertisement The Mets will host the Pirates for two more games before a three-game set against the New York Yankees at Yankee Stadium. Related: Mets' Carlos Mendoza Sends Clear Paul Skenes Message Before Pirates Game Related: Francisco Lindor Had Strong Words After Mets' Win Over Cubs
The Print
22-04-2025
- Politics
- The Print
Consistency, finality of judicial decisions hallmarks of sound justice delivery system: SC
The top court referred the matter to the Chief Justice of India to consider the desirability of constituting a bench of appropriate strength for a proper interpretation of Section 428 of the CrPC. A bench Justices Dipankar Datta and Manmohan was hearing an appeal against a September 2020 order of the Madras High Court, which set-off a convict's certain remand period as an undertrial prisoner under Section 428 of the CrPC paving way for his release. New Delhi, Apr 22 (PTI) The Supreme Court on Tuesday underlined consistency, certainty, predictability and finality of judicial decisions to be the hallmarks of a sound justice delivery system. Section 428 of the erstwhile Code of Criminal Procedure deals with period of detention undergone by the accused to be set off against the sentence of imprisonment. The convict belonged to the proscribed Tamil Nadu Liberation Army. The bench said the appeal before it involved a serious question on the proper interpretation of Section 428 of the CrPC, notwithstanding that there were at least half a dozen decisions on such provision. 'Consistency, certainty, predictability and finality of judicial decisions are the hallmarks of a sound justice delivery system,' it said. The bench expressed its inability to reconcile the divergent views expressed in a previous verdict of the apex court on the issue. '… we feel it prudent to refer the matter to the Chief Justice of India to consider the desirability of constituting a bench of appropriate strength for proper interpretation of section 428 CrPC. Ordered accordingly,' the bench said. The high court's direction for set off in the judgement under challenge before it should remain stayed until further orders, it added. The bench, however, said if the convict was released, he may not be taken back in custody. PTI ABA ABA AMK AMK This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
Yahoo
15-04-2025
- Business
- Yahoo
Prediction: 3 Stocks That'll Be Worth More Than Costco 10 Years From Now
It's not an easy matter to make predictions about the stock market, since no one really knows what it will do from day to day or even year to year. (Over long periods, though, it has always gone up.) Still, I'm here to make a prediction, and I'm predicting that three stocks in particular will be worth more than Costco Wholesale (NASDAQ: COST) a decade from now. Here's a look at those companies -- and at Costco too. First off, why am I focusing on Costco? Don't I like it? Well, I do, and I'm a longtime shareholder. But arguably, the stock price has gotten ahead of itself at recent levels. Costco's forward-looking price-to-earnings (P/E) ratio, for example, was recently 50, well above its five-year average of 39. Its recent price-to-sales ratio was 1.53, above the five-year average of 1.08. With 903 locations worldwide (623 in the U.S. and Puerto Rico) and a recent market value of $428 billion, it may be hard for Costco to grow at a rapid clip. Also, if a widely feared recession happens, maybe Costco will see some customers let their $65-per-year memberships lapse, as they fear spending too much at visits to Costco. (Costco does have lots of great prices, but it can be hard to not spend a lot there.) Costco has averaged annual gains of around 20% over the past 10 and 15 years. Let's be a little conservative and estimate a 12% growth rate for the coming decade. That would put its market value at $1.3 trillion in a decade. Taiwan Semiconductor Manufacturing (NYSE: TSM) is a giant among semiconductor companies. While most only design chips, Taiwan Semiconductor actually manufactures them. It's the biggest chip maker by far -- with a recent market share of 67%. There's a lot to like about the company, such as its apparent joint venture with U.S.-based Intel. As there's pressure to make more chips in the U.S., this could benefit both companies. Taiwan Semiconductor has always planned to invest more than $100 billion in U.S.-based plants. Apple is likely to be a major customer of Taiwan Semi's U.S.-built chips. Meanwhile, the company is getting a tailwind from the proliferation of artificial intelligence (AI), as it requires more and better chips. The company's stock seems reasonably priced at recent levels. Shares have grown in value at an average annual rate of around 20% over the past 10 and 15 years. If they grow by just 10%, that will take the market value from a recent $823 billion to $2.1 trillion. Google parent Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) is another likely company to be worth more than Costco in a decade. That may not be a surprise, because it's already worth more, with a recent market value of $1.9 trillion. Thus, even if there is a big recession, Alphabet is likely to remain bigger. Better still, it's undervalued, with a recent forward P/E of 16.3 -- well below the five-year average of 22.5. (That's partly due to a recent disappointing earnings report coupled with ambitious spending plans.) But generous spending plans, if executed well, can lead to further growth, and many still have great expectations for Alphabet -- which owns little enterprises such as YouTube, Nest, and more. There are worries about the government breaking up the company, but there's also its growing AI technology, its forays into healthcare, its robust YouTube business, and perhaps even self-driving taxis. Tencent Holdings (OTC: TCEHY) isn't a household name, but it's a major enterprise in China, with a recent market value of $513 billion. To out-value Costco in a decade, it will only need to increase in value by a factor of around 2.5 -- or an average annual gain of around 10%. Its performance has been volatile over the past decade, but it has averaged annual gains of 11%. Better still, its stock appears quite undervalued now, with a recent forward P/E of 2.1, well below the five-year average of 7.5. My colleague Billy Duberstein has dubbed Tencent "arguably China's best technology company," adding: It owns WeChat, China's dominant 1.39 billion-user social media network; is China's leading mobile game publisher; owns fintech leader TenPay; and is the country's leading video and music streaming platforms. In addition, Tencent is one of China's leading cloud software companies, and is building its own artificial intelligence (AI) large language model, called HunYuan. The current trade war with China introduces uncertainty into the picture, but Tencent is a powerful conglomerate with many tentacles, and it's been growing. For example, video game revenue rose 23% year over year in the last quarter, and the company's dividend payout was hiked by 32%. I may well end up being wrong about these predictions, but these three companies seem poised to overtake Costco's value in a decade. (That doesn't mean I plan to sell out of Costco, though, as I plan to remain a long-term shareholder of it.) If any of these businesses intrigue you, dig deeper into them. Before you buy stock in Costco Wholesale, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Costco Wholesale 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 $502,231!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $678,552!* Now, it's worth noting Stock Advisor's total average return is 800% — a market-crushing outperformance compared to 156% 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 April 14, 2025 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Selena Maranjian has positions in Alphabet, Apple, Costco Wholesale, and Taiwan Semiconductor Manufacturing. The Motley Fool has positions in and recommends Alphabet, Apple, Costco Wholesale, Intel, Taiwan Semiconductor Manufacturing, and Tencent. The Motley Fool recommends the following options: short May 2025 $30 calls on Intel. The Motley Fool has a disclosure policy. Prediction: 3 Stocks That'll Be Worth More Than Costco 10 Years From Now was originally published by The Motley Fool
Yahoo
10-03-2025
- Business
- Yahoo
JPMorgan Chase & Co. (JPM): Among The Stocks With At Least $20 Million In Insider Sales Recently
We recently compiled a list of the . In this article, we are going to take a look at where JPMorgan Chase & Co. (NYSE:JPM) stands against the other stocks. We previously covered 10 stocks with at least $10 million in insider sales recently. The turbulent week for the U.S. stock market continues, fueled by the Trump administration's shifting decisions on the start date for new tariffs. On Thursday, President Donald Trump signed executive actions that delay tariffs on all products from Mexico and Canada that are covered by the USMCA free trade treaty for nearly one month. 'After speaking with President Claudia Sheinbaum of Mexico, I have agreed that Mexico will not be required to pay Tariffs on anything that falls under the United States-Mexico-Canada Agreement (USMCA),' Trump wrote on Truth Social Thursday. Mexican President Claudia Sheinbaum said that 'virtually all' of Mexico's trade with the U.S. falls under the USMCA, writes CNN Business. So what happened with some of the major U.S. indexes? Blue-chip companies declined by 428 points or 0.99%, the broader market index lost 1.78%, while the NASDAQ entered correction, down 10.4% from its record high on December 16. Many analysts have recently revised their U.S. stock market predictions, suggesting that achieving strong earnings in 2025 may prove more difficult. Despite this, the broader market index is still expected to finish 2024 approximately 9% higher, although this is a decrease from the initial forecast of 12.2% made in January. Key drivers for this year include increased productivity from AI adoption and expectations of lower interest rates. Amid market fluctuations and uncertainty, insider trading often garners considerable attention. Executives and insiders, with deep insights into their companies' strategies and outlooks, may make trades worth examining. For example, when a CEO or CFO invests their own money in company stock, it can be a strong signal of confidence in the company's future prospects. On the other hand, selling shares may suggest a lack of confidence from management, though this is not always the case. In some situations, large shareholders might be rebalancing their portfolios to better match their risk/reward preferences or selling for personal financial reasons. Additionally, many insiders sell shares as part of pre-arranged, automated trading plans, known as 10b5-1 plans. Both insider buying and selling can be influenced by a range of factors, so these actions should be viewed in the context of the company's financial health, industry trends, and overall market conditions. This underscores the importance of conducting thorough research before making investment decisions. While insider trading activity can provide valuable insights into a company's future, it should be considered alongside other key factors to make well-informed investment choices. Today, we're focusing on stocks that have seen insider sales of at least $20 million since the start of the year. Using Insider Monkey's insider trading screener, we identified stocks where at least one insider sale reached $20 million or more. While the total value of insider sales for these stocks may be higher, we focused on sales worth $20 million or more. Out of the stocks that met this criterion, we selected the 10 stocks with insider sales ranging from $20 million to $30 million, prioritizing those with the highest insider sales within this range for further analysis. Our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds, focusing on insider trading and stock picks from hedge fund investor newsletters and conferences. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). For each stock, we provide details on the highest individual sale, the number of insider sales exceeding $20 million year-to-date, and the company's current market capitalization. Let's take a look at 10 stocks with at least $20 million in insider sales since the beginning of the year. A group of business people discussing plans around a boardroom table adorned with a financial services company logo. Highest Individual Sale: $26,017,982.30 Number of Sales Above $20 million: 5 Market Capitalization: $689.35 billion JPMorgan Chase & Co. (NYSE:JPM) is a financial services firm with millions of customers across 100 global markets under its JP Morgan and Chase brands. The New York-headquartered company is focused on investment banking and financial services for all types of customers in the commercial and business sectors. It is also considered one of the 14 best holding company stocks to buy right now. As of December, 31, JP Morgan Chase & Co. had $4.0 trillion in assets and $345 billion in stockholders' equity. On February 20, chairman & CEO, James Dimon, at JPMorgan Chase & Co. (NYSE:JPM) made five sales of the company's shares in his ownership. One sale was valued at $26.02 million when Dimon sold 96,421 at a price of $269.84 per share. Currently, the stock is trading at $246.54 per share, having gained 2.85% since the beginning of the year. Over the past 12 months, JPMorgan Chase & Co. (NYSE:JPM) returned 31.23% to its investors. For the fourth quarter of 2025, the company disclosed revenue of $42.77 billion, up from $42.65 billion in the same period of the prior year. Net income amounted to $14.01 billion, compared to a net income of $12.9 billion in the fourth quarter of 2023. Recently, JPMorgan Chase & Co. (NYSE:JPM) announced it will buy back all 300,000 of its outstanding shares of Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series HH. These shares are represented by 3,000,000 depositary shares, with each depositary share representing one-tenth of a share of Series HH Preferred Stock. The company will pay $10,000 for each Series HH Preferred Stock share, which is equivalent to $1,000 for each depositary share. Seventeen Wall Street analysts have an average 'Moderate Buy' rating on JP Morgan Chase & Co. with a price target of $278.50, according to TipRanks. The average price target indicates a 12.96% upside from the current price. Overall JPM ranks 10th among the 10 stocks with at least $20 million in insider sales recently. While we acknowledge the potential of JPM as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than JPM but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: and Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
