Latest news with #Club
The Citizen
2 hours ago
- Sport
- The Citizen
Pirates responds to report linking Mofokeng with move to PSV
Pirates have since issued a statement condemning the report as 'false, irresponsible and damaging.' Orlando Pirates have dismissed reports linking forward Relebohile Mofokeng with a move to Dutch giants PSV Eindhoven. This comes after reports emerged on Wednesday suggesting that the Dutch giants had tabled R120-million offer for the 20-year-old. ALSO READ: Pirates' Mofokeng gets five nominations for PSL Awards However, Pirates have since issued a statement condemning the report as 'false, irresponsible and damaging.' 'Orlando Pirates Football Club has taken note of the article published by on Tuesday, 16 July 2025, titled: R120m For Mofokeng? How PSV's Linked To Pirates Sensation,' read the club statement. 'We wish to place it on record that no such offer has been received by the Club. The claims made in the article are not only false but also irresponsible and damaging. As a publication with a long-standing history in South African football, Soccer Laduma is expected to uphold the highest standards of journalism rooted in fact, accuracy, and responsibility. Unfortunately, in this instance, they have chosen sensationalism over truth. 'This type of reporting is not only misleading to the public but also serves as an unnecessary distraction aimed at unsettling both the player and the Club at a critical juncture in our preparations for the upcoming season. OPINION: Why was Rayners snubbed for top PSL Awards? 'Orlando Pirates remains committed to the well-being of our players and will continue to act in their best interests. We call upon all media outlets to refrain from publishing unverified reports that seek to create instability for the sake of clicks.'
CNBC
4 hours ago
- Business
- CNBC
Here's why Jim Cramer is ready sell more of the portfolio's sole oil and nat gas stock
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Wednesday's key moments. 1. The S & P 500 moved lower since the Morning Meeting was recorded Wednesday, after a senior White House official told CNBC that President Donald Trump would likely fire Federal Reserve chief Jerome Powell soon. Shortly after that, Trump told reporters that firing Powell would be "highly unlikely" unless there is fraud, referring to White House questions about the Fed's renovation project. The president has been calling for interest rate cuts, and he did so again. Powell has held rates steady, looking for more time to gauge how tariffs might impact the economy and inflation. Speaking of inflation, the June producer price index was unchanged month over month following an uptick seen in Tuesday's release of the consumer price index. Bond yields were lower Wednesday after jumping on the CPI. And, after 10 straight sessions, the S & P Short Range Oscillator moved out of overbought territory. 2. We might be gearing up for another trim of Coterra Energy . With U.S. oil prices down over 1% Wednesday, Jim warned investors to "keep track of oil." He added, "Oil could break [below] $60 here. If it breaks $60, you're going to hear a new inflation [lower] story." Our sole oil and natural gas name Coterra could be at an unfortunate crossroads after opting late last month to hold its Permian rig count after previously signaling a cut. Jim said he wants to "sell" Coterra because he doesn't "like their operating ability." We sold 500 shares last week for this exact reason and downgraded the stock to our 3 rating . "We can definitely look to sell more," said Jeff Marks, director of portfolio analysis for the Club. 3. Club name Disney got a price target hike to $138 per share from $120 from UBS. The analysts project ongoing double-digit earnings-per-share growth. They're betting that Disney's fiscal third-quarter results, due out on Aug. 6, will show resilient park demand and further improvements in direct-to-consumer profitability. "I love this call," Jim said. This year's strong performance by the stock led the Club to sell some shares back on June 27. The Club, however, still owns a sizeable position, and Jim is still a long-term believer in the stock. 4. Stocks covered in Wednesday's rapid fire at the end of the video were: Johnson & Johnson , Bank of America , ASML , and Rockwell Automation . (Jim Cramer's Charitable Trust is long CTRA, DIS. See here for a full list of the stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.
Tom's Guide
10 hours ago
- Business
- Tom's Guide
AI chatbots are changing how we access paywalled news — here's how that affects you
If you've ever noticed that your chatbot sourced something behind a paywall, chances are the AI pieced together the content from public fragments, not by accessing the article directly. In other words, the chatbot stitched together summaries, reposts and social media commentary to give the illusion of full AI chatbots aren't hacking websites or stealing summarized PDFs, instead, they do something more subtle and harder to detect. They pull fragments of articles from social media, scraped archives and reblogs. Then, they reconstruct full summaries from these fragments in natural language. In some cases, they guess intelligently what the paywalled content probably says based on the article's headline and past coverage. In June 2025, Hank van Ess of Digital Digging evaluated how well AI tools could reconstruct articles from top paywalled publications using open-source intelligence techniques. Tests focused on outlets featured in Press Gazette's '100k Club' paywall index. The results showed that chatbots like ChatGPT and Perplexity were able to generate accurate summaries of paywalled stories — including those from The Atlantic, The New York Times and Financial Times — in up to half of the tested cases, particularly when the articles had already been discussed or excerpted online. Whether intentional or not, here's how people are getting premium news and features without paying: Get instant access to breaking news, the hottest reviews, great deals and helpful tips. It's important for readers to know that if the article is behind a hard paywall with no public experts online, the results can be vague or fabricated, causing the chatbot to hallucinate. It goes without saying, but you're better off paying for what you're reading if you want to ensure you're getting accurate information. Like many AI hacks, this feels like a time-saver — productive, even. However, it's part of a broader pattern that's hurting the creators of that content. Publishers are seeing massive traffic declines as users stop clicking through to original sources. One recent report found that Google AI Overviews slashed referral traffic by as much as 70%. Sometimes, chatbots like ChatGPT and Claude send no referral traffic at all. Meanwhile, AI bots are aggressively scraping publisher websites even when blocked — TollBit reports 26 million blocked scrapes in March 2025 alone, and Cloudflare saw bot traffic jump from 3% to 13% in a single quarter. That's why Cloudflare and others are now fighting back with: AI isn't going away and neither are paywalls. What we're seeing now is the first phase of a bigger battle over how high-quality content is created, accessed and funded. Some publishers like The Associated Press and Future Publishing (which owns Tom's Guide) have opted to license their content directly to OpenAI. Others, like The New York Times, are suing. Many are still deciding whether to block, monetize or ignore AI entirely. As a reader who values quality news, if you're using AI chatbots to access paywalled content, you're not alone. However, while these tools can save time and offer convenience, they also risk undermining the work of journalists, researchers and creators whose content fuels the system. Use AI responsibly; always check for proper attribution and source links when reading AI-generated answers. Most of all, make an effort to support the outlets you rely on. If you find yourself frequently asking chatbots to summarize content from the same publications, consider subscribing; not just for the access, but to ensure you're getting correct information (not to mention, help sustain the journalism you're benefiting from). What are your thoughts on this? Share in the comments and keep the conversation going. Follow Tom's Guide on Google News to get our up-to-date news, how-tos, and reviews in your feeds. Make sure to click the Follow button.
Sharjah 24
a day ago
- General
- Sharjah 24
Al Dhaid Club's summer activity raises environmental awareness
The agricultural workshop was held this morning in the presence of Muhair Obaid Al Khayal Al Tunaiji, Executive Director of the Club and General Supervisor of Summer Activities. It was presented by agricultural expert Saeed Matar Obaid Dalmouk, Director of the Agriculture Department at the Municipality of Al Dhaid City, who shared his practical experience in modern agriculture and sustainable irrigation methods with the participants. The workshop served as an important awareness-raising platform aimed at raising environmental awareness among participants and strengthening their relationship with nature by introducing them to the fundamentals of practical agriculture and modern technologies appropriate to the UAE's environment. Bin Dalmouk began the workshop with a detailed overview of the most prominent modern agricultural methods used in the region, focusing on selecting plants that are suitable for the UAE's climate, particularly ornamental plants and evergreen trees. He explained their role in improving the environment and contributing to reducing temperatures in open spaces. He also addressed the importance of rationalizing water consumption in irrigation, pointing to a range of effective solutions that can be implemented in homes and public parks, such as drip irrigation systems and graywater reuse techniques. The lecturer discussed in some detail the ghaf tree, which he described as the "umbrella tree" due to the shade and dense vegetation it provides. He also reviewed its distinct environmental characteristics, as it is a perennial tree capable of adapting to drought and high temperatures, in addition to its symbolic significance in local culture as the national tree of the UAE. The workshop witnessed great interaction from the young participants, who showed remarkable interest and asked numerous questions about plants, sustainable agriculture, and the best ways to care for home gardens. The workshop also stimulated the participants' practical sense, concluding with a hands-on tour of the club's garden, during which the children planted rose and ghaf tree seedlings themselves, adding a practical, experiential dimension to the theoretical learning they had learned. At the conclusion of the event, Al Dhaid Club honored the outstanding participants and distributed incentive prizes to encourage them to continue their commitment to the environment and agriculture. The winners of the Agriculture Competition, launched in conjunction with the workshop, were also announced, fostering a spirit of positive competition among the children. Muhair Obaid Al Khayal Al Tunaiji, the club's executive director and general supervisor of the summer activities, emphasized that this agricultural activity falls within the framework of Al Dhaid Club's vision to instill environmental awareness among young people and strengthen their connection to the land by providing them with agricultural and afforestation skills. He pointed out that the workshop reflects the Emirate of Sharjah's vision to build an environmentally enlightened generation that actively participates in preserving its nation's resources and contributes to serving its community with a conscious and sustainable sense. He added that the club will continue to organize similar, high-quality events during the summer program, focusing on building life skills and opening up new horizons for participants to engage positively with their surroundings and communities.
CNBC
2 days ago
- Business
- CNBC
Jim Cramer makes the case for why Apple and investors should stick with CEO Tim Cook
Jim Cramer says he's still backing Apple 's Tim Cook despite calls for the CEO to resign. "I really believe in Tim," Jim said at Friday's annual meeting of the CNBC Investing Club from the New York Stock Exchange. "He's made us a lot of money. He gets the benefit of the doubt." Responding to a question from a member who asked whether the Club would consider trimming the stock if Apple cannot turn things around, Jim also addressed the Street's list of concerns about the tech giant, including last Tuesday's announcement that COO Jeff Williams, 62, will retire later this year. Williams was the No. 2 executive at Apple. A day later, LightShed Partners analyst Walter Piecyk called for Apple to replace Cook. Piecyk did credit the 64-year-old CEO for an amazing job navigating the iPhone era, but said Apple now needs a product-focused CEO. Piecyk told CNBC's "Fast Money" last Wednesday evening that the idea of Apple needing new leadership is not new among institutional investors. "It cannot miss out on AI," LightShed wrote in its note to clients. Jim recently advocated for Apple to buy AI start-up Perplexity as a solution to getting back in the game. "They screwed up the AI. Jeff Williams is retiring. Luca Maestri, the great CFO, is gone. The new CFO [Sabih Khan] is young. They're right now lacking innovation. A lot of people feel that Vision Pro [headset] is a bust," Jim said. "There isn't anything that they are doing right, right now, according to people," he acknowledged. But in a show of faith, Jim kept Apple stock as one of the Club portfolio's 12 core holdings , alongside artificial intelligence winners Amazon , Meta Platforms , and newly crowned $4 trillion market cap stock Nvidia . Apple's shares have been feeling the weight of shaky investor confidence, with the stock down nearly 16.5% year to date. Unlike other tech companies following the tariff-driven April lows, Apple has been slower to recover. Currently trading around $209, the stock would have to see an upside move of roughly 19% to get back to its record-high close of $259 on Dec. 26, 2024. AAPL YTD mountain Apple YTD It's undeniable that Apple is up to its eyeballs in problems, with AI being one of those at the forefront of investors' minds. Earlier this year, the company delayed its rollout of an AI-powered conversational Siri, helping fuel naysayers who are upset with its failure to catch up in the AI revolution. To add more flames to the fire, Apple lost a top AI executive , Ruoming Pang, to Meta last week. Furthermore, the company has been a direct target of the Trump administration, which has publicly criticized Cook for a lack of urgency in moving iPhone production back to the U.S. Despite having shifted some production to India, most of Apple's phones are still made in China. But either way, President Donald Trump wants iPhones made in America, which could more than double the price tag of the device. "It is painful to hear people going for [Cook's] head or that it's time for him to change," Jim said, as he questioned whether investors have forgotten the "thousands and thousands of percentages" in profits that the company and Cook have made them. "As long as this [iPhone] is remarkable. As long as this [iPhone] is indispensable, we're going to own the stock," Jim said. (Jim Cramer's Charitable Trust is long AAPL. See here for a full list of the stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.
