Latest news with #HomerSimpson
Yahoo
15 hours ago
- Business
- Yahoo
Down 20%! This ex-penny stock just got stung by a short report
Archer Aviation (NYSE: ACHR) is a former penny stock that has been on my mind recently. I sold shares of this flying taxi start-up about a year ago, just before they went on to surge by more than 200%. Cue Homer Simpson's famous catchphrase… Rubbing salt in the wounds was rival Joby Aviation (NYSE: JOBY), the stock I doubled down on with the cash from that Archer sale. Until recently, it was 'only' up about 40% over this period. So I was beginning to think I might have backed the wrong horse, especially after Archer signed a deal with Palantir earlier this year to 'build artificial intelligence (AI) for the future of next-gen aviation technologies'. However, two pieces of news have recently sent the Archer and Joby share prices on divergent flight paths. Here's what has happened. Archer Aviation is aiming to launch an air taxi service in Abu Dhabi by the end of 2025 with its Midnight electric vertical take-off and landing (eVTOL) aircraft. In Q1, it said everything had gone splendidly, and it had more than $1bn on the balance sheet. Founder and CEO Adam Goldstein commented: 'Archer's pushing the boundaries of what's possible and reshaping the future of aviation for years to come.' The stock jumped 23% after this bullish update. However, it plummeted 20% a couple of weeks ago when short-seller Culper Research released a report accusing Archer of misleading investors. It said the firm's Midnight eVTOL isn't as far along as management has claimed, while also highlighting design changes that might suggest aircraft stability problems. In response, Archer called the claims 'baseless', and said Culper is 'not a credible research institution'. By contrast, Joby stock surged 27% this week following the closure of a $250m investment from partner Toyota. This funding supports the firm's progress toward FAA certification and commercial production of its electric air taxis. Founder and CEO JoeBen Bevirt commented: 'We're already seeing the benefit of working with Toyota in streamlining manufacturing processes and optimising design.' Joby remains on track to launch its service in Dubai later this year, but there could always be regulatory setbacks. Meanwhile, flying passengers safely from Manchester Airport to Leeds in just 15 minutes — instead of one hour+ by car or train — is still unproven. In my experience, reports from short-sellers need to be taken seriously, even though they have a financial incentive to see the stock in question fall. It definitely adds risk to the investment case because Archer hasn't addressed any of the specific accusations yet. That said, you can normally gauge how seriously other investors take the claims by the severity of the share price reaction. In Archer's case, it's 20% lower than before the report, but still up 27% in the past month and 230% over a year. Heavyweight partners like United Airlines and Stellantis add weight to its technology. For investors looking to invest in this exciting space, I think Joby is worth a look at $8. But both these stocks are high risk because eVTOLS haven't been approved by the FAA yet, meaning each firm is pre-revenue and therefore loss-making. Still, at least recent developments have eased my concern that I backed the wrong horse. The post Down 20%! This ex-penny stock just got stung by a short report 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 Ben McPoland has positions in Joby Aviation. The Motley Fool UK has no position in any of the shares mentioned. 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 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Euronews
a day ago
- Politics
- Euronews
Nuclear power on the rise except in UN watchdog's home Austria
From Belgium to Denmark, Bangladesh to Egypt - nuclear power is making a political and policy come-back and drew advocates from across the globe to the International Atomic Energy Agency's Vienna headquarters this week, though it remains less loved in the Austrian home of the UN agency. With big tech looking at nuclear energy to power future AI operations and policymakers increasingly mulling the potential of small modular reactors – mini nuclear plants that could be factory built and power a small town, the International Atomic Energy Agency has noticed more and more countries interested in its expertise. That is why the Vienna based nuclear watchdog invited representatives from across the globe to its headquarters this week for a convention to deep dive into the good, bad and ugly of what advocates call a very carbon friendly fuel. "At the IAEA, we're seeing a number of member states that have expressed interest in nuclear power for several reasons related to growing energy demands, climate change and other national considerations," Matthew van Sickle, a senior nuclear power engineer told Euronews. The IAEA offers expertise to member states on all the main challenges from financing to human resources to communication strategies to garner public support. But in Austria, where the IAEA has been based since it came about it in 1957, a referendum in the 1970's resulted in the Austrian National Assembly passing a law prohibiting the use of nuclear energy in Austria. The outcome was an outstanding win for participatory democracy, but a major loss for the Zwentendorf Nuclear Power Plant that cost €1 billion to build and was ready to operate. Situated in Lower Austria alongside the river Danube, today the plant has become a quirky Homer Simpson inspired tourist attraction and the biggest nuclear training centre in the whole of Europe. Peter Schinnerf, who works at the plant as a guide and a trainer, told Euronews the plant today has more emotional than financial worth. Since 2017, the plant has also been hosting the annual Shut Down festival - a massive techno festival attracting revellers from all across Austria and beyond. EU Commissioner for the Environment and Water Resilience, Jessika Roswall, says "anyone who wants to join in solidarity with the LGBTQ community in Hungary should do so." She was responding to the Hungarian government's decision to ban Gay Pride parades, a decision that has been heavily condemned by a majority of EU member states including France, Germany and Spain. "The European Union is built on values, which, of course, we all stand behind, and this is the pressure we are in this union of – one of the key things is built of this precious value of people's freedom and loving whoever they want to, or rule of law and all these things," Roswall told Euronews. "So I stand, of course, behind that and I myself have been to many prides, only in Stockholm though," she added. Meanwhile, a European Commission source told Euronews that it's unlikely EU Commissioners will stand in solidarity with the LGBTQ+ community as it could be seen to "provoke" Hungary's Prime Minister Viktor Orbán and open the door to him accusing the EU of interfering in Hungarian affairs. "I think it would play into Orbán's hands were senior people from Brussels to turn up," the source said. However, law experts and some member states argue the European Commission is obliged to protect the rights and freedoms of EU citizens under Article 2 of the EU Treaty. A group of 17 member states led by the Netherlands signed a declaration condemning the Hungarian decision. We are "concerned by the implications of these measures on freedom of expression, the right to peaceful assembly, and the right to privacy," part of their statement read. EU Commissioner of Justice and Rule of Law Michael McGrath has called freedom of assembly a fundamental right that must be protected. He insisted that Pride marches do not constitute a threat to children, as the Hungarian parliament argued. Meanwhile, Roswall says she does not want to make decisions for others but says that the issue is at the centre of her beliefs and the values of the 27-member bloc. "I don't tell people what to do, but that's what I truly believe in, and that is also the core of the European Union," she explained. The Budapest Pride event is set to take place on 28 June in defiance of the new law, and while several MEPs have indicated their intention to attend, no European Commissioners have.
Irish Daily Mirror
24-05-2025
- Business
- Irish Daily Mirror
'Some downsizing to help the housing crisis that we can all do'
There are a lot of big numbers behind the ongoing social calamity that is Ireland's housing crisis. There are the 15,378 people officially listed as homeless for starters. The average monthly rent that just broke the €2,000 barrier this week. The 50,000 houses needed every year. The 30,330 that got built in 2024. The 1.18 million middle-aged and older people who the Government reckons could downsize to let younger families have their homes. But there is a number that has become part of the problem that never gets talked about. It dwarfs all those other figures – even the €430,000 mooted salary for a housing czar to undo all the blockages in the system. Think of the largest number you can, then double it, and I bet you won't come close to the notion of a 'Zettabyte'. A Zettabyte is one sextillion bytes of data. Or maybe you prefer to understand it as 10 to the power of 21 bytes. Or one trillion gigabytes if that helps. The point is, it's big. Now imagine 100 of them back-to-back and you will have the number of units of stuff that the world stores in "The Cloud". The Cloud - as we have only recently come to comprehend - is actually composed of vast swathes of the Irish landscape, dotted with data centres that are filled with hard drives. They use up 21 per cent of all the electricity we have in the country. And recently we learned they have become another major blockage to building houses. Homes that need to be plugged into our national grid to get built are losing out to new data centres on a first come, first served basis. There are over 80 of these cloud storage hangars around Ireland with another 50 in the pipeline. But aren't they vital to the 21st century information economy you ask? Well yes, some of them may well be. The ones that let you access your money to tap and pay for a pint, stream your favourite series or book a hotel for instance. But consider the rest of the stuff up there in cyberspace, stored forever and sucking electricity like a planet-sized vampire squid. Experts estimate 90 per cent of everything in the cloud is junk. The same percentage of data is never accessed three months after it has been stored. There was a time when all that was deemed worth knowing about humanity fit on to a 12-inch, gold LP we sent to space aboard the starship Voyager. Now to print out one zettabyte of what we keep online you would need the paper from 20 trillion trees. (There are only about 3.5 trillion left on the planet). There are 320 billion emails sent every day, and 62 trillion spam emails a year. Each one uses the energy it takes to power a light bulb for six minutes. And most of them are hanging about at the back of a vast cyber drawer with a load of other junk. Like that hilarious gif of Homer Simpson melting back into the hedges you sent for the gazillionth time. The clip of your ice bucket challenge in 2014. The 47 videos the woman in front of me at Vicar Street uploaded last month of a gig she missed even though she was there. How many zettabytes are needed just to store the history of all those passive aggressive thumbs up emojis we send to friends and family members? Or to keep a permanent digital record of some of the stupidest things ever uttered? Like the internet user who posted to wonder why we haven't invented a reverse microwave that makes things cold? All of this and much, much, much more is out there… preserved and sucking on precious power every second of every day. So if we are serious about doing everything we can to tackle the huge numbers behind the housing crisis, why not start with a bit of online downsizing? A national clear-out day to press delete forever on the ginormous, steaming pile of digital sh**e that is sitting in a data hangar in the middle of Kildare, eating up all the energy someone needs to get their home connected to the national grid.
Buzz Feed
21-05-2025
- Entertainment
- Buzz Feed
Unhinged Boomer Social Media May 2025
I wonder how her hubby felt? I would NOT want to be Matthew: Some thoughts we should keep to ourselves: At least this Boomer knows what they don't want to see: Honestly, same: Is anyone in the market for a dog ass? Grandpa's ready to hit the town: In the words of Homer Simpson, "People always laugh when you say '69'": Did the mashed potatoes cause the divorce? I don't even know what I'm reading here: Mary's getting straight to the point: Hopefully the "female companion" will get a good burger: This would be an excellent song on Sesame Street: It's giving ~Trump~: This is not a "purr-fect" idea: Why exactly is he needed? These dogs aren't barking, they're farting: A thumbs up in memoriam: And finally, the scariest Boomer post of them all: H/T: r/oldpeoplefacebook
Gizmodo
13-05-2025
- Entertainment
- Gizmodo
The Latest Lego Simpsons Set Will Make You Very Hungry
Ten years have passed since Lego teamed up with everyone's favorite animated family, The Simpsons. The family's house was the first set released in 2014; their local convenience store, the Kwik-E-Mart, was released a year later. Now, after a long wait, it's time to make some burgers. Mmmm… burgers. *drools* Lego just announced it will soon be releasing a Lego Krusty Burger set to continue its relationship with Homer, Marge, Bart, Lisa, Maggie, and the town of Springfield. Scheduled for release June 4, with Lego VIP access starting June 1, this 1,635 piece set includes seven minifigures: Homer, Krusty, Sideshow Bob, Bart, Lisa, Lou, and Squeaky-Voiced Teen. Here are a few images. In line with a set of that size, Krusty Burger costs $210 and you can see more images here. Plus, if you order on the official Lego site, and are a Lego VIP, you get an incredibly cool gift along with it. It's a Lego version of The Simpsons couch. This is how Lego gets me: 'Hmm… $200 is a lot but I really like that small, cheap set it comes with, so maybe I'll buy it anyway.' Seriously. It's happened before. As a proud owner of the original two sets, it's worth pointing out that Lego goes all in with these. Every little detail is some wink or nod back to the show which, even if you haven't watched it since the last set was released or before, you can still appreciate. What are your thoughts on the Lego Krusty Burger? Will you be giving it a bite?
