Latest news with #Rokos
Yahoo
9 hours ago
- Health
- Yahoo
Despite pay problems and staff turnover, New Orleans EMS takes each call in stride
New Orleans EMT Daniel Rokos, left, and paramedic Ivy Molloy reset their ambulance after taking an elderly man with chest pain to the hospital on May 2, 2025. (Halle Parker/Verite News) NEW ORLEANS – It was mid-morning when Ivy Molloy and Daniel Rokos answered the first call of their shift. The details were sparse. Shots fired. Walmart parking lot on Tchoupitoulas Street. Officer down. The ambulance sped to the scene as a line of flashing blue lights and sirens grew behind them. As they searched for their patient, Rokos slowly steering the ambulance through the parking lot, a shopper leaving the store yelled at the pair to get out of the way. Finally, they found her, lying on the asphalt on a nearby street, wearing a shredded New Orleans Police Department uniform and crying out in pain. The emergency responders strapped the woman onto a gurney. Inside the ambulance, Molloy helped lift and pull the gurney in place as Rokos hooked the patient up to health monitors. As the patient calmed down, she told Molloy what happened. While working in the Walmart parking lot, she had revived someone overdosing in the driver's seat of his car with Narcan, only for the man to then hit the gas pedal, pulling her along. To try to free herself, she had shot him in the chest. He then crashed into a pickup truck, crushing her between the cars, before driving off again. SUBSCRIBE: GET THE MORNING HEADLINES DELIVERED TO YOUR INBOX Molloy was unfazed, calmly taking blood pressure readings, giving medicine and helping her patient relax. 'Bad things happen to good people all the time. You know that, you see it every single day,' Molloy told her patient, who shuddered with sobs. The paramedic walked the officer through a breathing exercise. Breathe in, hold it for two seconds. Let everything out. Repeat. 'Slowing down your breathing is going help your nauseousness,' Molloy said. 'It's going to help you feel more in control, and that's half the battle right there: feeling out of control.' The scene, which took place in May, was emblematic of some of the city's pressing social issues — policing, the opioid epidemic. For Molloy and Rokos, it was just another day with New Orleans Emergency Medical Services. Molloy and Rokos are two of the 150 employees working at New Orleans EMS to provide emergency health care and transport to the public. And despite witnessing some of the most traumatic events in the city, they both say it's a better career than their old office jobs. Five years ago, Molloy was about to go to school to become a social worker. But during the COVID-19 pandemic, she heard a news story about a national shortage of EMTs and paramedics. So, she changed her plans. 'The first time I got on an ambulance, I just felt like this is where I was supposed to be,' she said. After more than a decade as an EMT, Rokos has watched cars block his blaring ambulance; he has a scar on his arm from where a patient bit him; passersby have yelled and honked at him as he treated someone in cardiac arrest. Yet he stays because he knows he's doing important work. 'You don't often feel the need for an ambulance in your life. Until you have that need … it just doesn't really occur to you,' Rokos said. As the city's EMTs face daily challenges on the job, New Orleans EMS faces an even bigger challenge: holding on to those workers. Molloy and Rokos say it's demoralizing to watch dozens of colleagues leave the agency, taking years of experience and knowledge with them, to take higher-paying, lower-stress jobs or leave the field altogether. Slowing turnover remains the agency's top priority, said Alexis Paquette, EMS's public information officer. Since 2019, staffing at EMS is down by nearly 14%, and the city has slashed the agency's personnel budget in recent years as it struggles to fill jobs. Paquette said the turnover has two main causes: staffers don't make enough money and don't see EMS as long-term career path. For years, the agency has said it needs room in its budget to pay paramedics and EMTs competitively. Although EMS staff have received incremental citywide raises under LaToya Cantrell's administration, the agency hasn't been allocated department-specific money for such pay raises. Currently, a paramedic like Molloy earns about $27 per hour, while an EMT like Rokos earns about $20. 'The people that answer the phone when you call 911 make more money than I do,' said Rokos, who has more than a decade of experience as an EMT. Molloy says she can afford to live on what she makes because of her lifestyle choices. 'I tell people I make a living wage because I'm an independent person who drives a 20-year-old truck, and I have no interest in being married, having children or owning a home,' she said. New Orleans EMS faces a high call volume, currently receiving a new call every 10 minutes on average. For the last two years, the department received more than 70,000 calls, according to data shared by New Orleans EMS. The department's pay and budget don't match the workload, Paquette said, exacerbating the problem. It also affects how quickly New Orleans residents receive help. In recent years, the agency has also faced criticism over lengthy wait times. Paquette said staffers often leave to work for private emergency service providers, companies that can pay more and offer more downtime. Others are working EMS jobs while studying nursing or medicine. Pay bumps could help staying at the agency feel more sustainable, she said. ' A lot of our staff are young people who don't have families or don't have much responsibility outside of working here,' Paquette said. Though the origins of emergency medical services have been traced back to Napoleon's time, the EMS system as we know it only evolved after federal reforms in the 1970s, making it a relatively young health care profession. The low pay can help amplify a perception in the health care industry that EMS is a temporary job, not a career, Molloy and Rokos noted. 'The more expensive things get, the harder it becomes,' Molloy said. 'We're hemorrhaging people left and right.' As summer heats up, Molloy and Rokos expect to stay busy, responding to more injuries related to doing outdoor activities, stormy weather and extreme heat. Meanwhile, the agency will be preparing yet another ask to the Mayor's Office and the City Council for higher wages. Paquette said she hoped to see residents show up to the city budget meetings that typically occur in August and September to help bolster support for raises. This year, the City Council approved fee increases to help EMS bring in more revenue, but it's unclear how that might translate to pay raises. One legislative effort to put state money toward paying EMS workers has failed three times, most recently during this session. Had it passed, local EMS workers would have received $600 a month each in extra pay. Back in the ambulance, Rokos drove as Malloy attended to their patient. 'I just want to know if they got him,' the officer said, crying again. 'I just can't believe he did that.' Molloy reassured her, promising to find the answer when they reached University Medical Center. Within 10 minutes, the ambulance arrived. The officer, surrounded by a team of trauma doctors, was whisked away in the gurney with Molloy at her side. Not far behind, doctors swarmed around another gurney. This one carried the man shot by the officer, an automated CPR machine pounding on his chest. NOPD later said the driver died at the hospital, while the officer, who was working an off-duty security shift at the time, was in stable condition. As Molloy handled the patient paperwork with the hospital, Rokos quietly started setting up for the next call. In the downtime, he helped clean out blood from the other ambulance on the scene. 'This is pretty run of the mill,' Molloy said, dropping down on a seat in the back of their ambulance after the patient transfer followed by Rokos. 'We've seen that and worse, 100 times over,' Rokos added. Then, it was onto the next call: this time, an elderly man with chest pain who had taken a fall. After pulling up to a small home on the West Bank, the pair jumped out and grabbed the gurney — ready to do it all over again. SUPPORT: YOU MAKE OUR WORK POSSIBLE This article first appeared on Verite News New Orleans and is republished here under a Creative Commons Attribution-NoDerivatives 4.0 International License.
Yahoo
09-05-2025
- Business
- Yahoo
Elastic N.V. (ESTC): Among Chris Rokos' Stock Picks with Huge Upside Potential
We recently published an article titled . In this article, we are going to take a look at where Elastic N.V. (NYSE:ESTC) stands against Chris Rokos' other stock picks with huge upside potential. One of the traits that define investors who become billionaires is the ability to make money regardless of market conditions. Chris Rokos is one example. For instance, in March 2025, the hedge fund gained 3.4% amid heightened volatility. At the same time, fellow big-name asset managers like Point72, Citadel, and Millennium struggled to handle the volatility. Christopher Charles Rokos is a British hedge fund manager. He co-founded Brevan Howard in 2002 after nearly 10 years with Goldman Sachs, where he traded interest rate products. In 2015, he established Rokos Capital Management. The asset manager has approximately $20 billion worth of assets under management (AUM) as of 2025. Rokos is the fund's Chief Investment Officer (CIO). The billionaire hedge fund manager made the most of Trump's election in November last year. According to a Bloomberg report, Rokos netted nearly $1 billion in profits in a single day following Trump's victory. This, according to the report, is a 'standout trading performance' since Rokos Capital started operating in 2015. READ ALSO: Billionaire Ray Dalio's Bridgewater's 10 Stock Picks with Huge Upside Potential and Billionaire Mario Gabelli's 10 Large-Cap Stock Picks with Huge Upside Potential. And the winning didn't stop there. Since that election victory, Trump has fueled rallies and routs in almost equal measure. But, interestingly, Rokos keeps turning up profits regardless of market conditions. Thanks to the Trump-fueled rally in November 2024, Rokos Capital Management ended the year with 31% in returns. In early April 2025, Trump's tariffs triggered a large sell-off, and many hedge funds lost money. But not Rokos. The asset manager advanced 4.5% in the first two weeks of the month. This gain helped the hedge fund's returns for the year to reach 8% as of mid-April 2025. But whether Rokos Capital Management will keep winning this year is something that remains to be seen, especially in light of the conditions in the market. On Monday, May 5, 2025, the S&P 500 snapped out of a nine-day rally—the longest winning streak in 20 years. The broader market index fell 0.64%, while the Nasdaq shed 0.74% and the Dow lost 0.24%. Market observers quoted by CNN put the decline on tariffs. For instance, Argent Capital Management's Jed Ellerbroek said that the 'market is intensely focused on where the tariff rates end up, and it's bouncing around day to day as those assessments change.' Veteran technical strategist Tom DeMark told Bloomberg that a bear market is a likely scenario shortly. 'A top is imminent. Too much technical damage has been done. Stocks are vulnerable right now and can easily get hit pretty badly if anything quickly changes on the global trade outlook.' However, it won't come as a surprise that Rokos Capital manages gains out of the bleak market (if the current predictions hold). They have done it before. As such, it appears wise to get an idea of the hedge fund's stock picks, especially those with a huge upside potential. We combed through Rokos Capital Management's SEC Q4 2024 13F filings. We focused on the fund's most valuable equities holdings (excluding ETFs and options) and then ranked the stocks based on analyst price targets as of May 7, 2025. We picked stocks with an upside potential of at least 30% and then picked the top 10. We have also mentioned the broader hedge fund sentiment for these stocks, as of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. 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 (). A group of software engineers working in an open, futuristic N.V. (NYSE:ESTC) is a search and data analytics company that markets itself as "The Search AI Company." The company offers a suite of solutions, including Elasticsearch (a search engine for applications), Kibana (a visualization tool), and Elastic Security, among others. The past month has been busy for Elastic N.V. (NYSE:ESTC). On April 29, the company announced Automatic Migration. This is a new feature that simplifies the transition from incumbent SIEM (Security Information and Event Management) solutions to Elastic Security. It automatically maps existing detection rules to equivalent Elastic-built rules without requiring manual rebuilding. This innovation reduces the cost, complexity, and risk associated with migrating from legacy security systems. Just days earlier, Elastic N.V. (NYSE:ESTC) had unveiled the general availability of Elastic Cloud Serverless on Google Cloud Marketplace. This allows developers to quickly scale the company's solutions without managing infrastructure. This builds on their industry-first Search AI Lake architecture. These product innovations position Elastic N.V. (NYSE:ESTC) to capitalize on the growing demand for advanced security and search capabilities. The company's focus on performance optimization is evident in its announcement that Elasticsearch runs up to 40% faster on Google Axion processors. This performance gain enables users to index data more efficiently and improve search performance. On April 16, 2025, Morgan Stanley analyst Sanjit Singh lowered the firm's price target on Elastic N.V. (NYSE:ESTC) to $120 from $140 while maintaining an Overweight rating. The analyst said in a note that the adjustment is part of a broader risk/reward reassessment across software companies in light of tariff risk uncertainty. Overall ESTC ranks 3rd on our list of Chris Rokos' stock picks with huge upside potential. While we acknowledge the potential of ESTC 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. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than ESTC but that trades at less than 5 times its earnings check out our report about this READ NEXT: and . Disclosure: None. This article is originally published at .
Yahoo
09-05-2025
- Business
- Yahoo
NVIDIA Corporation (NVDA): Among Chris Rokos' Stock Picks with Huge Upside Potential
We recently published an article titled . In this article, we are going to take a look at where NVIDIA Corporation (NASDAQ:NVDA) stands against Chris Rokos' other stock picks with huge upside potential. One of the traits that define investors who become billionaires is the ability to make money regardless of market conditions. Chris Rokos is one example. For instance, in March 2025, the hedge fund gained 3.4% amid heightened volatility. At the same time, fellow big-name asset managers like Point72, Citadel, and Millennium struggled to handle the volatility. Christopher Charles Rokos is a British hedge fund manager. He co-founded Brevan Howard in 2002 after nearly 10 years with Goldman Sachs, where he traded interest rate products. In 2015, he established Rokos Capital Management. The asset manager has approximately $20 billion worth of assets under management (AUM) as of 2025. Rokos is the fund's Chief Investment Officer (CIO). The billionaire hedge fund manager made the most of Trump's election in November last year. According to a Bloomberg report, Rokos netted nearly $1 billion in profits in a single day following Trump's victory. This, according to the report, is a 'standout trading performance' since Rokos Capital started operating in 2015. READ ALSO: Billionaire Ray Dalio's Bridgewater's 10 Stock Picks with Huge Upside Potential and Billionaire Mario Gabelli's 10 Large-Cap Stock Picks with Huge Upside Potential. And the winning didn't stop there. Since that election victory, Trump has fueled rallies and routs in almost equal measure. But, interestingly, Rokos keeps turning up profits regardless of market conditions. Thanks to the Trump-fueled rally in November 2024, Rokos Capital Management ended the year with 31% in returns. In early April 2025, Trump's tariffs triggered a large sell-off, and many hedge funds lost money. But not Rokos. The asset manager advanced 4.5% in the first two weeks of the month. This gain helped the hedge fund's returns for the year to reach 8% as of mid-April 2025. But whether Rokos Capital Management will keep winning this year is something that remains to be seen, especially in light of the conditions in the market. On Monday, May 5, 2025, the S&P 500 snapped out of a nine-day rally—the longest winning streak in 20 years. The broader market index fell 0.64%, while the Nasdaq shed 0.74% and the Dow lost 0.24%. Market observers quoted by CNN put the decline on tariffs. For instance, Argent Capital Management's Jed Ellerbroek said that the 'market is intensely focused on where the tariff rates end up, and it's bouncing around day to day as those assessments change.' Veteran technical strategist Tom DeMark told Bloomberg that a bear market is a likely scenario shortly. 'A top is imminent. Too much technical damage has been done. Stocks are vulnerable right now and can easily get hit pretty badly if anything quickly changes on the global trade outlook.' However, it won't come as a surprise that Rokos Capital manages gains out of the bleak market (if the current predictions hold). They have done it before. As such, it appears wise to get an idea of the hedge fund's stock picks, especially those with a huge upside potential. We combed through Rokos Capital Management's SEC Q4 2024 13F filings. We focused on the fund's most valuable equities holdings (excluding ETFs and options) and then ranked the stocks based on analyst price targets as of May 7, 2025. We picked stocks with an upside potential of at least 30% and then picked the top 10. We have also mentioned the broader hedge fund sentiment for these stocks, as of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. 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 (). A close-up of a colorful high-end graphics card being plugged in to a gaming Corporation (NASDAQ:NVDA) is a technology company that designs graphics processing units (GPUs) and artificial intelligence (AI) software. Its products power immersive gaming experiences with GeForce GPUs and the company provides advanced computing solutions for AI applications through its data center business. NVIDIA Corporation's (NASDAQ:NVDA) dominance in the AI chip market continues despite recent market volatility. For instance, Taiwan Semiconductor (NYSE:TSM), NVIDIA's (NASDAQ:NVDA) main AI chip manufacturing partner, reported a 43% jump in February sales. This indicates strong demand for NVIDIA's (NASDAQ:NVDA) products. The company is expanding its ecosystem through additional partnerships. Foxconn recently rolled out its FoxBrain AI platform with assistance from NVIDIA 's (NASDAQ:NVDA) local supercomputing team. On May 2, 2025, the company's CEO, Jensen Huang, expressed concerns to US lawmakers about China's progress in AI development. He urged the Trump administration to reconsider regulations for exporting AI technology. Huang told reporters, 'We need to accelerate the diffusion of American AI technology around the world,' highlighting the intensifying competition with companies like Huawei, which is developing its own AI chips. Simultaneously, the US government is considering easing restrictions on NVIDIA chip sales to the United Arab Emirates, which could open new markets for the company. On May 5, 2025, Melius Research analyst Ben Reitzes maintained a Buy rating on NVIDIA Corporation (NASDAQ:NVDA) stock. However, he recently trimmed his price target to $170 from $195, citing short-term regulatory uncertainty and export restrictions. Overall NVDA ranks 9th on our list of Chris Rokos' stock picks with huge upside potential. While we acknowledge the potential of NVDA 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. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than NVDA but that trades at less than 5 times its earnings check out our report about this READ NEXT: and . Disclosure: None. This article is originally published at . Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Wall Street Journal
14-02-2025
- Business
- Wall Street Journal
British Billionaire Chris Rokos Wants $150 Million for His Florida Mansion
Be the first to know about the biggest and best luxury home sales and listings by signing up for our Mansion Deals email alert. British billionaire Chris Rokos set a record for the affluent town of Manalapan, Fla., when he paid $40 million for a home there in 2017. Eight years later, Rokos is relisting the home for more than triple what he paid.
