Latest news with #March2024
New York Times
09-07-2025
- Business
- New York Times
As Truth Social Business Struggles, Trump Media Goes Big on Crypto
Donald J. Trump has reinvented himself many times over, going from real estate developer to TV personality to world leader. Now his social media company, Trump Media & Technology Group, which is the parent of the president's Truth Social site, is undergoing its own metamorphosis, becoming a major player in the crypto industry. In just the past few months, Trump Media has raised $2.5 billion in cash to invest in Bitcoin and is working to bring crypto-related exchange traded funds, or E.T.F.s, to market. Mr. Trump has no official position at Trump Media and does not advise it on corporate policy. But he is the company's largest shareholder, and he and his family have become big crypto boosters over the past year. The pivot to crypto highlights the reality of one of the president's highest-profile business interests. Truth Social may serve as Mr. Trump's online megaphone, which he uses to attack his enemies, praise his allies and announce executive orders, tariffs and cease-fires. But the three-year-old social media platform has struggled to generate advertising revenue. That has made Trump Media, which went public in March 2024, a consistently money-losing company, and its stock has been shedding value since its debut. This year, shares of Trump Media are down 43 percent. Want all of The Times? Subscribe.
BBC News
07-07-2025
- BBC News
Five boys sentenced for attacking teen with hammer in Wiltshire
Five teenagers have been sentenced after a 14-year-old boy was attacked with a claw hammer and a bicycle incident, which the judge described as a "planned revenge attack", occurred near St Joseph's Catholic College, a secondary school in Swindon, in March defendants, now aged between 15 and 18, who cannot be named for legal reasons, also punched and kicked the boy who suffered scarring as a them at Swindon Crown Court on Monday, Judge Jason Taylor KC said the assault would have been "incredibly shocking and frightening" for both the victim and onlookers. All five boys pleaded guilty to causing grievous bodily harm with two defendants who wielded the hammer and bicycle seat also admitted possessing an offensive weapon in a public of them were handed youth rehabilitation orders, while the fifth was referred back to the youth court for sentencing. A sixth boy, who has not yet entered a plea, has been bailed to appear in court again on 1 September. In the days leading up to the attack, the court heard the youngest defendant had been assaulted by another group of older boys, which was filmed and shared around local schools. The victim was not thought to be involved in this earlier incident, although he may have been there when it happened and was friends with some of those court heard messages were later exchanged between some of the defendants on Snapchat, detailing how they were going to seek threats included "we will get them bro trust me" and "we will crush their pride, give them a little reality check".The court was also told messages revealed there may have been a "racial element" to the attack, as the victim comes from an Asian family. One boy, described as the ring leader, took a hammer from his mother's cupboard before taking it to the scene and hitting the victim with barrister suggested he had brought the weapon due to peer pressure, to which the judge interjected to say "he aimed at the head".He added with no previous convictions, the boys had "gone from zero to a hundred.""You all knew what you were doing. You knew how bad it was which is why you armed yourselves," he said."That victim could easily have been killed, brain damaged or left with life-changing injuries. It is a matter of luck for you that his injuries were not more severe. "He hadn't done anything wrong in the first place. You had the wrong person."
BBC News
01-07-2025
- BBC News
Murder-accused parents smoked outside as medics tried to save baby's life
The parents accused of murdering their two-week-old baby went outside to smoke while nurses tried to save their son's life, a court has been Staddon suffered "catastrophic injuries" to his head, neck, legs and jaw, while in Yeovil District Hospital's special care baby unit in March parents, Daniel Gunter, 27, and Sophie Staddon, 21, are both accused of murder and causing or allowing Brendon's death. They deny the Row KC, prosecuting, told jurors on Tuesday: "You need to understand the level of sheer brutality. There was hardly a part of his body that was spared. [The injuries are) consistent with a severe crush injury." Hospital staff discovered Brendon's injuries after Ms Staddon asked them to check on him because "he was cold", the jury was that night, Mr Gunter had asked a nurse for milk to feed his son and when she later checked on him, he answered in a way she "considered odd"."He seemed excited, his response was unusually animated, and he was nodding exaggeratedly," said Mr Staddon began "crying hysterically", saying she wanted to see her baby, but Mr Gunter told her to "let them do what they need to do"."Staff found him [Brendon] lying in his cot with his baby grow open."They immediately saw that he wasn't just cold but that he had suffered catastrophic injuries," he added. He was later found to have, amongst other injuries, a broken neck, a broken jaw, broken legs, broken ankles and broken wrists.A post-mortem found Brendon died of "blunt force impact(s) head injury," with multiple "non-accidental injuries", the court was nurses tried to resuscitate Brendon, the couple went outside for a cigarette, where they were later court also heard how attempts were made to persuade Ms Staddon not to return to live with Mr Gunter - who she had an on-off relationship in hospital, Mr Gunter repeatedly ignored the advice of nurses and removed Brendon from his incubator, overstimulated him to the point of causing distress and removed his nasal gastric tube, the court was Gunter is also said to have been "violent" and controlling towards Ms Staddon, jurors heard.A social worker visited the couple in January 2024, telling them that the authorities planned to remove the baby from their care upon Row told the jury that the couple showed no emotion at the news and "seemed much more concerned about their housing situation".The trial continues.
Yahoo
01-07-2025
- Business
- Yahoo
2 Stocks Down 32% and 62% to Buy Right Now and Hold for the Next Decade
Growth in the AI market looks poised to help Advanced Micro Devices stock set a new record high. Carnival is an industry leader that's thriving -- and as its extra debt is paid off, its stock should benefit. 10 stocks we like better than Advanced Micro Devices › The S&P 500 index recently set a new record high. This was driven by indications that the Federal Reserve may be more willing to cut interest rates as well as signs that geopolitical risk factors may be easing. Even with these new highs, there are still attractive stocks trading at beaten-down prices compared to previous valuation highs -- and so they could deliver huge returns for long-term investors. Read on to see why two Motley Fool contributing analysts think these stocks stand out as strong buy-and-hold plays right now. (Advanced Micro Devices): Spurred by excitement surrounding the company's opportunities in the artificial intelligence (AI) space, Advanced Micro Devices (NASDAQ: AMD) stock hit a record high of over $211 per share in March 2024. While the company still has plenty of untapped potential for wins in the category, the business's performance in graphics processing units (GPUs) for data centers fell short of those peak expectations. Even though AMD recorded significant growth in the data center, expansion was slower than initially anticipated -- and the business continued to lag far behind market-leader Nvidia in the category. As a result, AMD stock is still down roughly 32% from its high, even after a recent rally. On the other hand, things appear to be looking up for the company in the AI race. Earlier this month, AMD launched its Instinct MI350 processors, its new top-of-the-line offering in the data center GPU market. OpenAI, the company behind ChatGPT, is already a buyer of the processors. Signs suggest that Amazon also may be incorporating the MI350 into its data centers. AMD will be launching its Instinct MI400 line next year, and the new processor could help it better compete with Nvidia in the data center space. Conversely, AMD doesn't necessarily need to beat Nvidia when it comes to AI processors in order to deliver wins for long-term shareholders. While AI has grown by incredible leaps and bounds in a relatively short period of time, the technology is still in its infancy. Tech giants, including Microsoft and Meta Platforms, currently account for a large share of overall artificial-intelligence hardware spending and are prioritizing top-of-the-line processors that can give them an edge in AI model training. Right now, this means that Nvidia's processors are dominating the overall market -- but some conditions will likely change with time. As the AI market continues to expand, there will likely be increased demand for processors across a wider range of specs and price points. Compared to ultra-high-end processors used to train AIs, chips used for actually running artificial intelligence applications should also come to account for a larger part of the overall market. Both of these dynamics stand to benefit AMD, and its stock should be able to bounce back and set a new high. Jennifer Saibil (Carnival): Carnival (NYSE: CCL) was once a dependable, dividend-paying market beater, but it's a rare stock that still hasn't completely recovered from the pandemic. Its business is back and better than ever, but the company has massive debt that's getting in the way of a solid investing thesis for many investors. However, 10 years from now, the extra debt should be completely paid off. Short of another global pandemic, Carnival should be thriving. It's thriving even now, with record revenue and deposits and an excellent booked position. It had a blowout fiscal second quarter (ended May 31), with a 9% increase in revenue year over year, and earnings per share (EPS) crushed expectations, coming in at $0.35, when Wall Street was expecting $0.25. Even so, the stock is still down roughly 62% from its high. All signs point to a healthy, growing business with lots of future potential. Highlights from the second quarter include maintaining its high booking positions and historically high prices, another record high in deposits of $8.5 billion, and record operating income of $934 million. Carnival has plenty of new ships and features on the way to generate demand and keep customers coming. It's launching its new, exclusive destination, Celebration Key, in July, and has two more, RelaxAway and Isla Tropicale, on schedule for release next year. The cruise company has new ships scheduled for delivery in the next few years and is refitting some of its existing ones. It's also launching a new, onboard waterpark and rolling out a new membership program in 2026. The company's debt, however, is still sitting on the balance sheet. As of the end of the second quarter, it still had $27.3 billion in total debt. Carnival has done an efficient job of paying it off so far, including refinancing $7 billion this year at more favorable terms and prepaying another $350 million in higher-interest rate notes in the second quarter. It got several upgrades from credit agencies over the past two quarters and is a notch away from being investment grade with two of them. If Carnival continues paying off its debt at current rates, it should be well within historical norms in just a few years from now. Once it reaches that, the stock will likely rise and go back to its market-beating performance. Before you buy stock in Advanced Micro Devices, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Advanced Micro Devices 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 $722,181!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $968,402!* Now, it's worth noting Stock Advisor's total average return is 1,069% — a market-crushing outperformance compared to 177% 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 30, 2025 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. Jennifer Saibil has no position in any of the stocks mentioned. Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices, Meta Platforms, Microsoft, and Nvidia. The Motley Fool recommends Carnival Corp. and 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. 2 Stocks Down 32% and 62% to Buy Right Now and Hold for the Next Decade was originally published by The Motley Fool 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
BBC News
30-06-2025
- Health
- BBC News
Research fundraiser in Berkshire for 'devastating' dog disease
A man who lost his dog to a rare disease is raising money for research into the Reynolds' whippet, Willow, died from Alabama rot in March 2024, a rare disease with only a 10% survival cause is unknown, but researchers believe it could be caused by a bacteria or toxin and that walking in wet, muddy conditions may somehow be Reynolds said losing Willow was "devastating" and he is holding an event at Lambourn Sports Club in Berkshire to raise awareness and money for researching the disease. Willow's first symptom was a limp that was initially treated as a fracture and infection, Mr Reynolds said."She had an initial round of treatment and after five days you'd be hard pressed to know there was anything wrong with her," he said."Then a skin sore appeared, which is one of the main symptoms of Alabama rot."She was treated in intensive care at Anderson Moores Veterinary Specialists in Winchester, Hampshire, and seemed to recover, but then she went downhill developed kidney failure and died on 5 March 2024."She went from being fit and healthy to dead in three weeks," said Mr Reynolds."It was devastating." How to recognise Alabama rot The following are typical signs of Alabama rot:Skin sores, visible swelling, red patch or skin defects not caused by a known injury. These skin lesions typically appear below the knee or elbow, and occasionally on the face or at the bottom of the chest or in appetite - reduced appetite, drinking more, vomiting and lethargy are signs of acute kidney the majority of visible skin lesions will not be caused by Alabama rot disease, and most cases of kidney failure will be a result of another Anderson Moores Mr Reynolds said he was aware of the disease and took precautions, including washing Willow's paws after a wet muddy said that when Willow was being treated people would ask about her, but only about half of them knew what Alabama rot was."Whatever the outcome, I wanted to raise awareness and funds," he initially set out to raise £10,000, but has now hit £15,000 and wants to increase that to £20,000 at a fundraiser at Lambourn Sports Club on 14 event will see the football field turned into a race track in honour of Willow, who was a champion will also be family games, a silent auction, a raffle and a live Irish band, Mr Reynolds said. You can follow BBC Berkshire on Facebook, X, or Instagram.
